| FG ADVISORS: INVESTMENT BANKING SERVICES |
| FG SOLUTIONS: STRATEGIC CONSULTING SERVICES |
| KAI L. CHAN Associate & Economist, FG Advisors Dr. Chan serves as an associate as well as the in-house economist for FG Companies, LLC, providing valuable insights into key macroeconomic trends that are fundamental to the performance of specialty finance companies. Kai also spearheads research into topics relevant to the industry as well as for FG Companies. Dr. Chan’s understanding of the macro-economy enables FG Companies to provide advice to clients that incorporates a fundamental understanding of the current economic climate, potential macro shifts and the implications to our clients' businesses. Prior to joining FG Companies, LLC in November 2007, Dr. Chan worked at Oliver Wyman, a financial services consultancy, based in their Singapore office, where he was focused on retail and business banking. Kai worked on various engagements in Europe and Asia, with special focus on risk management and Basel II. He has several years of international experience working in Bangkok, Dublin and Hong Kong. In Bangkok, Dr. Chan worked for one of that country’s largest banks, helping to prepare them for Basel II compliancy and in revamping their retail loans strategy. In Dublin, Dr. Chan worked for a leading European bank, assisting them with their risk management practices and refining their risk models. In Hong Kong, Dr. Chan worked for one of the region’s largest banks to improve their risk management of an auto loans portfolio in accordance with Basel II guidelines. Kai’s work in Singapore spanned numerous projects, ranging from wealth management (penetrating Australian mass affluent market) to acquisitions scoping (for American and European investment companies looking to enter Asian banking and private equity markets) to credit cards (sizing Korean cards market) and a myriad of topics in between. Before his time at Oliver Wyman, Dr. Chan held various academic posts in North America, teaching classes in economics, statistics and mathematics. Dr. Chan’s experiences also include time at Sal. Oppenheim, a German private bank, in their offices in Cologne and Frankfurt. Dr. Chan also previously worked for LECG, an economics consultancy, in their Toronto and Washington DC offices. Kai Chan holds a PhD in economics from Princeton University, where he wrote his dissertation on monetary policy, and an undergraduate degree in economics & mathematics (Hon. BSc) from the University of Toronto (Trinity College), where he graduated with high distinction. He also holds Series 7 (General Securities Representative), Series 79 (Investment Banking Representative), and Series 63 (Securities Sales Agent) licenses from FINRA. |