Supervision of Financial Institutions

	Mr Michael J Lesser Managing Director, Supervision of Financial Institutions
	Mr. Lesser has had 35 years of experience as a supervisor of banks and financial institutions. A recipient of the Robert H. McCormick Award for Excellence in International Bank Supervision, Mr. Lesser previously worked at the New York State Banking Department as Deputy Superintendent of Banks, with overall responsibility for the supervision of depository institutions. He has headed various divisions at the N.Y. State Banking Department, including Large Complex Banks, Foreign Banks, Research and Technical Assistance and held the position of Chief Bank Examiner. He also had responsibility for overseas examinations and international regulatory liaison. A frequent speaker on BSA/AML compliance and bank supervisory matters, Mr. Lesser has drafted protocols (both interstate and federal-state) for the U.S. foreign bank supervision cooperation agreements. He has also worked on the drafting of the rating system and examination manuals used in the U.S. for offices of foreign banking organizations. Mr. Lesser holds a Bachelors of Arts degree in Economics from the City College in New York.

	Mr Felix Y. Kwan Senior Director, Supervision of Financial Institutions
	Mr Kwan has over 28 years of regulatory and industry experience in both the USA and Hong Kong to add to his qualification of Juris Doctor from the University of San Diego School of Law. He is a Graduate of the Pacific Coast Banking School and a Bachelors of Science in Accounting Degree from the San Diego State University. Mr Kwan has been awarded the Frank Steele Prize for Economics from the Institute of Bankers (UK) and received a Good Citizen Award from Hong Kong for his assistance in combating fraud. He is a Fellow of the Hong Kong Institute of Bankers, a Certified Fraud Examiner (USA) and a Certified Bank Auditor (USA). Additionally, he has further distinguished himself in academia as an educator instructing at three major universities in Hong Kong and one in the United States. An example of Mr Kwan's work can be found in his article published in China and World Economy, "China's Corporate Governance and Reforms" 28-42, Vol.13, No.5, 2005.

	Mr Wee Kwan Lee Director, Market Supervision
	Mr. Lee has had over 20 years of regulatory and regional audit experience covering various aspects of the financial industry such as securities and futures exchange, banks and asset management. He joins the QFCRA from the Singapore Exchange where he headed the Risk Management department and was responsible for the Enterprise Risk Management as well as the financial integrity of the securities and futures industry. Mr. Lee has collaborated with the Monetary Authority of Singapore to develop the prudential capital requirements for the securities and futures industry. He has assisted the Institute of Banking and Finance in setting examination standards for the capital market services license in Singapore as well as given lectures on the securities and futures regulations to banks and brokerage firms. At the invitation of the International Monetary Fund, he has also addressed officials representing Central Banks across Asia on the regulation of the futures industry. Prior to his position at the Singapore Exchange, Mr. Lee has worked in regional audit with a leading global financial firm and the Government of Singapore Investment Corporation. He holds a Bachelors degree in Business Administration from the National University of Singapore and is a Certified Financial Risk Manager with the Global Association of Risk Professional.