Andrew has over 20 years of
international trading experience in Asia and Australia. He is currently an independent
consultant and Managing Director of FRA Solutions, based in Singapore and remains active in the areas of currency, interest rates and equity
trading and marketing as well as operational and technological support.
His previous experience includes being
Regional Marketer for Derivatives at ABN AMRO Bank NV in Singapore. His responsibilities
included structuring and pricing complex derivative risk management
solutions for bank, corporate and government customers as well as training & new product development. These products covered then entire scope of the bank's suite including Spot & Forward Currency & Money Markets, Non Deliverable Forwards (NDFs) Fixed Income, Forward Rate Agreements, Asset & Liability Swaps, Interest Rate and Cross Currency Swaps, Interest Rate & Currency Options, Equity & Fixed Income Derivatives and Exotic Options. He was the driving force behind the bank's development of swap trading books in New Taiwan Dollars & Indian Rupee.
Before joining ABN AMRO, Andrew was the
Manager for Australian and New Zealand Dollar Bond Options at BZW, Sydney.
His responsibilities included price making, risk management and strategic
marketing of Australian and New Zealand Bond options globally. During his
time there, he grew the business of BZW to be both the largest Bond option
business in Australia as well as the largest within the Barclays group.
Andrew also spent several years working
for State Bank of New South Wales as a Treasury Manager in Interest Rate Options and Foreign Exchange. He
also has extensive trading experience in FX, Interest Rate, Equity and
Andrew has been a member of the
Australian Financial Markets Association (AFMA) OTC Interest Rate Options Market
Andrew has conducted seminars in Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, South Africa, South Korea, Thailand, Taiwan, The Philippines
and Vietnam as well as in Europe, Africa and the United States.
His courses cover all aspects of banking, risk management and treasury
products including option & other derivative pricing, valuation, risk
management and trading strategies.
As well as being regularly interviewed
on CNBC on matters of interest to the Asian financial community, Andrew has
conducted training programmes for organisations including Monetary
Authority of Singapore (MAS), Bangko Sentral ng Pilipinas (BSP), Indonesian Banking Reconstruction
Agency (IBRA/BPPN), Securities Industry Development Centre (SIDC) in
Malaysia, The Ratings Agency of Malaysia (RAM), Institute Bank-Bank
Malaysia (IBBM), Association of Merchant Banks Malaysia (AMBM), Malaysian
Derivatives Exchange (MDEX), Research Institute Asia Pacific (RIAP),
Development Bank of Southern Africa, ABN Amro, Citibank, DBS Bank, Deutsche
Bank, HSBC, Standard Chartered Bank and JPMorgan as well as a large number
of Asian-based banks.
He remains an active trader for his own
Andrew holds degrees in Finance,
Economics and Psychology.
Daniel has, provided training and development and other knowledge and
research-based services to large financial concerns doing business in Asia. These
services include technical curriculum design, implementation, and delivery,
research and business-analysis, development of training and assessment
content, program design and management of new-hire induction programs,
electronic learning advisory services and e-content research and
Daniel's professional background prior to learning and development
was as a banker, with his career beginning in the early 1980s. He
held roles as a currency and interest rate derivatives dealer and product
structurer, commercial lender, and credit analyst. He entered treasury and capital markets
with First Chicago in 1988, as an interest rate derivatives sales
specialist and later as an FX Options dealer. He later held similar more senior roles
with Barclays London, Bank Indosuez Paris, and NationsBank London.
Moving into consulting in 1997, he first worked as a freelance instructor. In
this time, he delivered hundreds of days of workshop and seminar raining in
Europe, Asia, and the Americas. Clients included European and American
banks, inter-dealer brokers, software houses, and financial training firms.
In 2001, he joined Standard Chartered Bank, to head training globally for
the Wholesale Bank. Serving as key L+D liaison to the various business
lines for needs analysis, training strategy, globally offered
product-knowledge workshops, soft skills training, compliance, and regulatory
topics. His mandate encompassed thousands of delegate training-days, a
large funded annual budget, and deployment of dozens of internal and
external instructors. He directed design and production of electronic
content for wealth management product training, managed global roll-out and
implementation of e-Learning. He was
program director for SCB's 12-week long
international graduates program.
Joining FRA as a partner in 2005, Daniel
has since brought his technical and L+D expertise to bear in three major
Asian growth areas: knowledge-process centralisation, wealth management,
and risk and regulation. Notable projects he has recently designed and
implemented include (1) a multi-year internal certification program for a
private bank, in which 150 employees were trained and assessed for internal
certification in areas of product knowledge and risk management, (2) a
year-long development and roll-out program involving business process
analysis and content development of re-usable web-based training materials
for major investment bank operating in 17 Asian countries, and (3) in 2007
and 2008, he was program director and lead instructor of a six-week long
multi-topical annual training program for an Asian central bank.
Daniel holds an MBA from the University of Michigan,
a Bachelor of Science in Economics from the Wharton School,
belongs to the Global Association of Risk Professionals (GARP) and holds
their Financial Risk Manager certificate.
Stuart is a Quality Risk Management practitioner with over 25 years’
experience practicing Assurance, Compliance, Operational Excellence and Operational Risk
Management in a variety of fields such as Pharmaceutical operations, Logistics, System
development and Group Operational Risk Banking within North and South Asia, North America and Australia.
His previous experience was Group Assurance and Operational Excellence for Operational
Risk Management and Governance at Standard Chartered bank. Prior to this he was Asia Pacific Quality
Lead for Merck responsible for all quality and risk matters.
Stuart developed his passion for Quality and Risk Management at a range of
multinational companies such as Eli Lilly, Merck, Schering Plough and Pfizer where he has a depth
of experience ranging from Greenfield site design/startup, operations as well as Site closure and
Global technology transfer.
Stuart has extensive experience implementing systems to measure and improve
compliance, quality and operational risk management ranging from design of processes, development
of solutions, training as well as audit preparedness and deep dive review looking for systemic issues
and areas for improvement. He is passionate about Balanced Score Cards and the use of performance
measurement to drive sustainable workplace productivity/compliance and risk management.
Stuart has an MBA from Alliance Manchester Business School, Manchester University
U.K. Bachelor of Applied Science in Chemistry from the University of Technology, Sydney. As well
he is a retired Captain of the Australian Army graduate of the Royal Military College Duntroon,
Diploma in Military Operations.
Jennifer has 18 years experience working
in financial markets in Australia, Japan, Singapore, Korea, South Africa and Dubai.
Having recently returned to Singapore, Jennifer is one of the senior consultants at FRA.
Previous to joining FRA Jennifer was a
one of the managers of the Bloomberg Analytics department, where she worked
in Australia, Japan and Singapore where she managed the
regional analytics team. At her time
at Bloomberg Jennifer ran extensive training courses in house for her
staff, those new to financial markets and the more experienced members of
the team for continued training. She
also ran client seminars all around Asia,
with courses for graduates or those very new to financial markets to
product professionals in equities, equity derivatives, fixed income and
fixed income derivatives and cash and portfolio management techniques.
Jennifer's regional focus has
meant that she has conducted training sessions all over Asia.
Analysis covered by the Bloomberg sales
support team included equities markets analysis, the construction and risk
analysis of portfolio equity portfolios. For fixed interest client's analysis of portfolio construction
techniques, risk analysis, hedging strategies and yield curve
analysis. For derivative clients Jennifer
assisted with understanding of derivative products, markets and investment
Previous to joining Bloomberg, Jennifer
experience was in the funds management sector of the Australian market
beginning in the late 1980's. Jennifer's experience with several different investment
divisions was focused on portfolio strategy and analysis, asset allocation
- both strategic and tactical and risk management roles. And the
assessment and management of portfolio risk. Her experience covers leading the asset
allocation: strategic and tactical committees developing the long term
neutral benchmark strategies for client funds, based on analysis of client
risk appetite. As a lead the
tactical asset allocation committees Jennifer analysed macro market and economic
themes and developed quantitative models to forecast broad market movements
in the Asia-Pacific region. To take views on the direction of the global
economy with an emphasis on Asia-Pacific and make tactical asset allocation
decisions for the portfolios.
As part of the risk analysis side of the
roles Jennifer set up risk management standards and monitored and reported
these to fund managers and fund owners on a regular basis. She also managed
the performance attribution models, performance presentations and client
liaison. She also built and maintained studies of peer funds management
philosophies and performance. Jennifer also worked at intra asset class
levels, building stock ranking models, managing the “analysts
alpha” equity portfolios and analysing strategy and market timing
Jennifer has completed both a Masters and Bachelors degrees in Finance.
Benny started his own learning & development consultancy practice after more than 26 years in the banking and financial services industry. He has worked at UBS AG, Standard Chartered Bank, Mitsubishi UFJ Financial Group, Price Waterhouse Coopers and KPMG Peat Marwick (Australia). His passion is to deliver significant value for clients to drive business performance and build world-class human capital capabilities from his broad experience and exposure in organizational development.
For over 10 years he has held senior management positions in training functions at major financial institutions. His relevant experience covers consumer banking, corporate & institutional banking, investment banking, global markets and wealth management division. He has developed strong leadership and management track record in providing consulting advice and building successful partnership with senior management to execute business strategies across Asia.
His most recent position as Executive Director at UBS AG, Wealth Management Division, he was the Head of Education & Development function for the Greater China region. Previous to that he was appointed the Head of Learning & Development at Standard Chartered Bank responsible for North East Asia. Benny was selected as a Key Talent at UBS AG as one of the top performers with high potential for 3 consecutive years. At Standard Chartered Bank, he had received the bank’s Chairman’s Award for Excellence for his contributions.
His subject matter expertise includes strategic management & planning, delivering high impact sales training programs, building sales coaching culture, finance & investment knowledge, leadership competencies assessment & development, mentoring and talent development. He has extensive experience in the design and development of comprehensive training curriculum. It includes customized programs covering trusted based selling, client advisor certification, new joiners’ induction and integration, key client education and structured trainings for new private banker transformation during high growth period.
As the Head of Advisory and Sales training he was instrumental in implementing training programs that focused on the consistent execution of the Client Experience framework and prospecting management to support the bank’s aggressive business expansion and ambitions. Benny achieved strong recognition in the training, integration of new staff and leadership team development following the UBS investment in Beijing Securities in China. He also led the development of simulated client meeting training and coaching programs for enhancing the performance of client advisors.
At Standard Chartered Bank Benny was a member of the top leadership team in Hong Kong. He had successfully implemented the bank’s Graduate Trainee structured training program, the Gallup Q12 employee engagement, new corporate values launch, mentoring for talents and change implementation programs for line managers. Benny is certified as a Gallup Strengthsfinders coach and provided coaching for the bank’s top talents.
He successfully implemented the training function re-engineering and restructuring project that included the introduction of new Learning Management System and the migration of training administration support to India resulting in significant reduction in training staff headcount and major cost savings. Other business contributions include the development of Wholesale Bank Structured Derivatives Sales Clinics and Customer Sales & Service Re-engineering for Consumer Bank (CB) and new CB branch launch in China and Korea locations.
Benny has previously spent 7 years in front line senior sales positions at Standard Chartered Bank, Global Derivatives team and the Sanwa Bank group (now Mitsubishi UFJ Financial Group) responsible Asia Pacific region client relationships, structuring and marketing of interest rate, currency and equity derivatives to meet corporate and financial institution requirements. Prior to that, he had been involved in bank consulting, IPO and audit as a banking specialist at Price Waterhouse Coopers and KPMG Peat Marwick.
Benny holds a Master of Applied Finance degree from the Macquarie University in Australia and a Bachelor of Commerce degree majoring in Accounting from the University of New South Wales. He holds a Graduate Certificate in Technology Management from the University of Queensland. Since 1990 he is a member of the Australian Chartered Accountant, Institute of Chartered Accountants of Australia.
Dr. Ronald Chung, an independent
consultant and Senior Associate of FRA Solutions, is an expert in finance
and strategy, providing training in topics as wide ranging as structured
investment products, corporate finance, investment banking, and corporate
Dr. Chung has worked for government
organizations (on research projects in banking practices,) private
corporations, and top-ranked universities, including Dartmouth College,
Georgetown University, Johns Hopkins University, Stanford University and
University of Michigan. Upon leaving
academia, while still living in the U.S.,
Dr. Chung served as Director of Research for Credit Research Foundation, USA. He later became Senior Consultant for
Treasury Management Association (now Association for Financial
Professionals), where his role was to research best practice and to design
training programs for senior financial executives in financial institutions
and corporations. He later moved to Hong Kong in 1999 to focus on the Asia
Since then his consulting engagements
have been with various multinational clients, including AMD, AT&T, Corning, Nokia,
P&G, Pfizer, as well as in the financial industry. Among the international financial
concerns he has consulted are AIG, Citigroup, HSBC, China Construction
Bank, Band of China, China Merchants Bank and Bank of Communications.
In recent years, he has played key roles
in the organizing of a number of major events, including the first Euro
seminar in Hong Kong with HSBC. He has provided
training workshops at senior levels for the Board of Directors of the Bank
of China, and Nominee of Directors of World Bank.
Having published two books, Euro 2000
and Beyond: Value Creation Strategies for International Business, 1998
(published in the U.S.), and VAC Change Management Strategies for CEOs, 2005 (published in H.K.), Dr. Chung is the author
of many articles published in Beijing, Guangzhou, Hong Kong, and the U.S.
His academic credentials include B.A.
from Stirling University in the U.K., and M.B.A. as well as Ph.D. (1991) in finance from Drexel University, USA.
Dr. Chung is a Fellow Member of The Hong
Kong Institute of Directors (HKIoD) and an APEC Certified Business Consultant. An
American citizen and Hong Kong resident,
is fluent in English, Cantonese, and Mandarin. He lives with his wife and 3 children in Hong Kong.
Kevin has extensive experience in
management and professional development and financial technical
training. Partnering his clients,
Kevin develops and delivers high impact customized learning solutions that
enables individuals to discover and leverage on their strengths and
capabilities in attaining professional and personal goals.
Kevin began his career as an associate
tutor in Curtin University's
business school and later served as a lecturer in the Marketing Institute
of Singapore (MIS) Bachelor of Finance program.
He was Assistant Vice President at
Overseas Union Bank's global markets division, focusing on
structuring strategies to manage corporate clients' foreign exchange
and interest rate portfolio risk. His regular training for clients enabled
him to pursue his early career experience in learning & development.
As Manger, Organization Learning in
Standard Chartered Bank, Kevin delivered the treasury product training for
the Consumer Banking business. He extended his portfolio and took on the
global wealth management training. Kevin moved to take on the role of
Senior Manager, Management Development, Group Organization Learning where he was the curriculum architect and trainer for
the design and delivery of the Bank's global management and
professional development curriculum.
Continuing his training career with
Merrill Lynch, Kevin was Vice President, Leadership & Talent
Management, heading the learning & development and talent management
for Bank's Pacific Rim operations
and technology business groups.
Kevin has developed and delivered over
40 customized solutions spanning his corporate career.
In addition, Kevin has published
articles in the Business Times, International Financing Review and SGX
newsletters on foreign exchange hedging strategies, regional bond markets
and global financial market developments.
Kevin has delivered management and
professional development programs in South East Asia, South Asia, Middle
East, Africa, UK and the US.
A vibrant and engaging facilitator, Kevin draws energy from his personal
passion in helping professionals unleash their potential through a wide
array of tools and techniques. His strong belief in individual's
ability to excel stems from harnessing their self motivation and a positive
Kevin is fluent in English and
Steve Lesser is an industry and services
consultant with over 30 years work experience. This includes strategic
consulting, development and implementation of organisational change,
marketing, sales and credit programs and project management for
multi-national and regional companies worldwide.
As InfoWorks International's
Regional Managing Director, he established the
partnership with his
based partners in 1991, following a successful career in business and the
financial services industry. Steve manages the Asia Pacific regional
practice. Major clients include JP Morgan, Maybank,
Petronas, Countrywide Bank, Renong Berhad, Citibank, Globe
Telecom Philippines, Timex and many others. He has been actively consulting and training in Australia and New Zealand as well as the South East Asian Region (primarily in Malaysia, Singapore, Indonesia,
Hong Kong and Philippines)
for over a decade.
Client implementations include
state-of-the-art development and implementation of retail and commercial
sales and marketing leadership programs for multi-national and regional
companies as well as project, leadership and other high-leverage competency
strategies. In addition, he consults with major companies in the
integration of systems and information technology support in the areas of
projects, marketing, sales, relationship selling, credit and company
training, utilising traditional and alternative delivery systems. Implementations
include the installation and use of just-in-time electronic support tools
for high leverage competencies, utilising Intranet & multimedia.
As an adjunct university lecturer, he
teaches in several market related programs at both graduate (MBA) and
undergraduate level, specialising in marketing, retailing, project and finance disciplines. A frequent writer,
Steve has published many articles relating to implementation of strategies,
financial markets, marketing and sales. He has helped on a book and
training outcomes related to the leading of organisations through the
management of ideas. He has also provided advice, articles and reviews for
publishers in Australia.
He is also a Fellow, Associate, Director and Member of a number of industry
Steve also speaks at local, regional
& international management, financial and strategic conferences. Steve
believes that real success comes from the development of long-term
strategic retail & commercial business relationships.
Dr. John Dalle Molle
Dr. Dalle Molle is the Head of
Quantitative Risk Measurement and Management at FRA Solutions.
He has been a consultant, financial
trainer, software developer, invited research fellow, and lecturer in
numerous countries including Australia, England, France, Germany, Hong
Kong, Italy, Malaysia, Mexico, New Zealand, Scotland, Singapore, Spain,
Sweden, Thailand, and the United States of America over his extensive
His areas of expertise focus on the area
of modelling but also include Asset and Liability Management, Asset
Allocation and Portfolio Management, Credit & Credit Derivatives,
Financial Probability and Statistics including Monte Carlo Method and
Financial Simulation Modelling.
Other consulting training and other
professional activities have included working for numerous firms and/or
institutions including Bank Thai, Bangkok; Futures and Options World (FOW),
London; IBCASIA, Singapore; Institut Bank-Bank Malaysia, Malaysia; HSBC, Hong Kong and Singapore; Marcus Evans
Singapore Limited, Singapore; RISK Conferences, United Kingdom; Scientific
Application International Corporation, USA; and The Financial Training
He has also served as an ad-hoc reviewer
for more than ten academic and professional journals including Journal of
Money and International Finance, Journal of Time Series, and Journal of the
America Statistical Society and Management Science. He is a frequent
manuscript reviewer for major international financial publishers including
Addison Wesley Longman and John Wiley and Sons.
He has held academic and/or research-related positions at
Imperial College, London; Universite de Cergy-Pontoise, France; Universite
de Nice at Sophia Antipolis, France; The Instituto Tecnologico Autonomo de
Mexico, Mexico City Arizona State University, USA; the Centre for Financial
Engineering at the National University of Singapore; and the Department of
Finance at Massey University, New Zealand.
He has been involved in numerous
software development, programming and coding and software adaptation
projects and numerous empirical modelling projects. His statistical and financial software
has been used in globally.
He holds two Masters degrees and a PhD; all from The University of
Texas at Austin, USA.