Daju Gu, Yeqi He, Houben Huang, Joe Lu, Ti Wang, Xiaobo Wang, Yanan Wu, Hong Xie, Steven Wang, Dianna Zhang
The Biography of the CCFA Board of Directors
Daju Gu (President)
Daju is currently the Chief Operating Officer of Toronto Futures Options Swap Exchange (tFOSE). He is a seasoned executive with over twenty years’ experience serving banking, capital markets, exchanges and clearing houses. He has successfully led many business initiatives in RBC, Scotia, TD, BMO, Sunlife, Fairfax Financials, Canadian Derivative Clearing Corporation (CDCC) and TMX, all of which involved strategy development, regulatory compliance, and technology transformation.
Daju was the President of TMX Razor Risk Technologies where Daju worked with teams in Toronto, Sydney, New York, and London to assist clients globally in various regulatory initiatives. He has collaborated with many financial institutions in China.
Daju is very familiar with international regulatory framework. He has extensive experience in risk management, collateral management, central counterparty clearing, and capital market infrastructure building. Daju has a BSc from Tongji University and MSc from University of Alberta.
Dianna is currently the Vice President of Economic Capital and Capital Efficiency in Global Risk Management group in Scotia Bank (a multi-national Canadian bank). She leads a team responsible for pro-actively improving Economic, ICAAP and Regulatory Capital models, and conducting counterparty credit, market and credit capital stress testing.
Dianna holds MBA and CFA designations with over 15 years of financial analytics experience across enterprise risk, capital management and stress testing. Her extensive leadership experience in the enterprise risk management covers all risk types including counterparty credit risk, market risk, credit risk, operational risk, asset liability management and liquidity risk.
As a member of the BOD of CCFA, Dianna has been actively involved in various management of the association in the past years, and she is currently president of CCFA.
Houben Huang is a Vice President of Bank of Montreal, responsible for enterprise wide model risk management framework, governance and model validation. Prior to joining BMO in January 2006, Dr. Huang worked in TD Bank taking increasing roles starting from May 1996 and being promoted to TD executive in 1999 as a Vice President, Quantitative Analysis. From 2002 to 2005, Dr. Huang worked as global head of Front Office Quantitative Analytics in TD Securities in charging of Front Office model development for structuring, pricing, valuation and hedging. Dr. Huang was also a co-founder and first President of the CCFA. He is CCFA President Emeritus. Dr. Huang holds a PhD in Mathematics and a Master Degree in Quantitative Finance both from University of Waterloo.
Hong Xie is Vice president and head of Models & analytics North American portfolio management at investment division at Manulife Financial. His key mandates includes developing models/analytics and the relevant tools to support portfolio managers , sharing best practices and achieve a consistent risk and performance measurement methodology globally; and minimizing costs spent on developments and maintenances of systems and applications. Prior to current position, he worked as Vice president of Models and systems, global variable annuity hedge at Manulife financial and director of model risk and vetting at BMO. Hong holds a Ph.D degree in applied mathematics from University of Alberta. He is currently an adjunct professor at both York University in Toronto and Xiamen University in China. He recently co-authored a book “Measure, Probability, and Mathematical Finance” published by Wiley.
Joe Lu is currently the president of a private company focusing on turning small owner-managed enterprises into investable assets managed by professionals. Joe Lu has more than 20 years of combined experience as private investor, entrepreneur and finance professional. Joe Lu was a founding member of the CCFA and serves as the vice-president of the association. Joe Lu is a certified Financial Risk Manager (FRM). He has many years of experience in financial industry. He used to be Vice President, counterparty credit risk in BMO. He graduated from the University of Waterloo with an MMF degree and from Simon Fraser University with an MA degree in Economics.
Graduated from Shanghai Jiao Tong University, Ti came to Canada in 1985. He got his Ph.D from the University of Toronto in pure mathematics. In 1994, Ti joined the Bank of Montreal as a quant in risk management. In 1996, he moved to Royal Bank of Canada as a front-office derivatives quant.
Ti is now the head of Canadian fixed-income quant team, and is the head of the global cash analytics team for RBC Capital Markets. As a founding member of the CCFA, Ti has served as CCFA’s secretary general and president in the past.
Xiaobo Wang is the Chief Risk Officer at Industrial and Commercial Bank of China (Canada). As a member of the senior management team, Xiaobo is responsible for ICBC (Canada)’s enterprise risk management and oversees the Risk Management Department. Prior to that, Xiaobo worked at Scotiabank for about twelve years, covering risk management, internal audit and treasury functions. His specialties include liquidity management, credit risk management, auditing, hedge fund risk management, structured transactions, Basel implementation, model development and validation, etc.
Xiaobo is a committee member of Global Association of Risk Professionals (“GARP”) Toronto Chapter as well as a member of External Relations & Advocacy committee at CFA Toronto Chapter. He has also served as the Secretary General of Canadian Chinese Finance Association since 2008. Xiaobo holds a Ph.D. degree from Boston University and an MBA degree from Schulich Business School. He is a CFA charter holder and holds the FRM designation.
Yeqi (Ritchie) is currently director of Enterprise Model risk Management at RBC Royal Bank of Canada. He has more than 16 years of experience in the risk management and capital markets, and has worked at RBC since 1998.
Yeqi holds Master in Applied Math, PhD in Engineering, Master in Quantitative Finance from University of Waterloo, and he is FRM title holder. Yeqi has been a member board of directors since the founding of CCFA.
Yanan Wu is the Chairman/CEO of Surfin Meta Technology Pte Ltd. and Meta Fund Investment Management Pte Ltd. (Singapore) with over 26 year’s global investment experience serving institutions and family offices. He received a Ph.D in statistical physics from University Western Ontario in Canada and completed his post-doctoral research at Los Alamo National Lab in USA.
Surfin is a global leading financial service firm headquartered in Singapore focusing on wealth management technology and global asset allocation for growing middle class families in emerging markets. By using Al and big data analytics, Sufin strives to provide individualized financial services that are inclusive, transparent, innovative and passionate. It delivers its services through advanced algorithms and models based on AI and big data. Surfin currently serves 40 million customers in three continents since 2017 through its partnership network that includes fund managers, asset managers and institutional investors.