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.

	Mr Shankar Garigiparthy Director, Supervision of Financial Institutions
	Mr Garigiparthy brings the benefit of his 12 years of industry experience gained with prominent Insurance and Banking companies, such as Lloyd's of London and Barclays. He holds an MBA from the University of Hull (UK) and a Bachelor of Science degree in Physics from Madras Christian College (India).

	Mr Simon Frew Associate Director, Supervision of Financial Institutions
	Mr Frew has enjoyed an international career as a regulator. Prior to his current role with the QFC Regulatory Authority, he worked at the Bermuda Monetary Authority for over five years. During that time he held the position of Head of Banking and Trust Supervision acting as a Consultant on banking issues before he left. Having begun his regulatory career at the Bank of England, Mr. Frew also spent two years in the UK Financial Services Authority's Banking Supervision area.

	Mr J. Rannisto Associate Director, Supervision of Financial Institutions
	Mr Rannisto holds dual Masters of Science Degrees in Economics and Engineering from the Helsinki School of Economics and Business Administration and the Helsinki University of Technology, respectively. He has been a key contributor in the industry gaining his 15 years of regulatory experience with prestigious organisations such National Central Banks and the European Commission.

	Ms Vanessa Read-Lilley Associate Director, Supervision of Financial Institutions
	Ms Read-Lilley joined the QFCRA from the Dubai Financial Services Authority where she held the post of Senior Manager, Supervision.  She previously held positions with leading financial institutions in the UK and Australia, specialising in asset management and funds management.  Ms Read-Lilley holds a diploma of Financial Advising from the Australian Institute of Banking and Finance as well as numerous regulatory and compliance certifications issued by the UK Securities Institute.  She is an Associate of both the UK Securities and Investment Institute and Australian Compliance Institute as well as a Senior Associate of the Australasian Institute of Banking and Finance.

	Mr Ian McInerney Associate Director, Supervision of Financial Institutions
	Mr. McInerney has had 14 years of experience working within the banking and financial services regulation industries. He joins us from the Financial Services Authority in London where he focused his efforts on supervision of financial institutions. Prior to working with the FSA, Mr. McInerney held management positions with HSBC in the UK. Mr. McInerney has a Degree in Financial Services from Napier University in Edinburgh, he is a member of the Association of Chartered Certified Accounts and the UK Institute of Risk Management. Mr. McInerney also holds numerous certificates within the areas of Financial Planning and Mortgage Advice.

	Mr Kim Vandyke Associate Director, Supervision of Financial Institutions
	Mr. Vandyke joins us from the Australian Prudential Regulation Authority (APRA) in Sydney, Australia where he was a founding member of the operational risk review team and provided cross-functional expertise within APRA. Mr. Vandyke has also been involved in the formulation, drafting, and implementation of Operational Risk policy for APRA. Prior to this he held supervisory roles with the Insurance and Superannuation Commission and Australia's Anti Money Laundering body, AUSTRAC. Before his government positions, Mr. Vandyke held a commercial accounting and taxation role in the private industry with a publicly listed company in Australia. Mr. Vandyke holds a Masters of Taxation degree from the University of Western Sydney as well as a Bachelors of Business degree from the University of Technology. He is a Certified Practicing Accountant in Australia and has over 11 year of experience within the Regulatory Risk environment.

	Mr Roman Wandelt Associate Director, Supervision of Financial Institutions
	Mr. Wandelt holds a Master of Science degree in Economics from the University of Bonn, Germany. He has gained valuable experience while working as a Senior Market Supervision Officer for the Swiss-German derivatives exchange Eurex (European Energy Exchange). In this capacity, Mr. Wandelt had been involved in the operating, supervising and auditing of trading activities in the equities and commodities futures and options markets for Eurex, and Chicago Board of Trade. On various projects, he had been responsible for the design, specification, parameterization and setup of new derivative products as well as for the validation of models in order to conduct the valuation of options and futures. Mr. Wandelt has also worked as a Trader Assistant and Derivatives Broker at a German retail and wholesale bank where he was able to gain experience as a trader in fixed income, equity and index derivatives as well as spot market financial instruments.

	Mr Glen McKay Senior Manager, Supervision of Financial Institutions
	Mr. McKay is a Chartered Accountant with the Institute of Chartered Accountants of Canada. Before taking on his role at the QFCRA he worked as a Senior Analyst in the Insurance and Policy Departments of the Bermuda Monetary Authority. He began his career in the insurance sector as an Audit Senior with KPMG in Bermuda and has an Associate in Reinsurance designation from the Insurance Institute of America.

	Mr Mohammed Jaffar Iqbal Senior Manager, Supervision of Financial Institutions
	Mr. Iqbal has had more than 12 years of industry experience gained from working with leading insurance companies in the United Arab Emirates and Pakistan. Prior to his position at the QFCRA, Mr. Iqbal has worked as an in-house actuary and was responsible for the designing, pricing, and marketing of life insurance plans, as well as actuarial valuation, reinsurance matters, actuarial investigations and financial modeling. He is an associate of the Society of Actuaries, USA, and has obtained a Bachelor of Business Administration from Allama Iqbal Open University, Pakistan.

	Ms Babita Balan Case Officer, Supervision of Financial Institutions
	Ms. Balan is a qualified Attorney at law and holds a Master of Laws degree from the Cochin University of Science and Technology. Prior to achieving this qualification she obtained a Bachelor of Laws degree from the Calicut University in Kerala, India. A qualified member of the Bar Council of Kerala, Ms. Balan has spent time working in leading law firms in India , Bahrain and Doha.

	Mrs Marina Fernandes Secretary, Supervision of Financial Institutions
	Mrs Fernandes holds a Bachelors Degree in Chemistry from Wilson College (India). She joins the QFC Regulatory Authority with significant experience in Doha having worked for five years in the legal arena for firms such as Al Kaabi Law Firm and five years in the contracting and trade industry with Al-Ghorairi and Partners.