Expert resume of Bay Way Yee

Independent arbitrator and adjudicator on both the arbitrator and adjudicator panels of the Kuala Lumpur Regional Centre of arbitration; and is currently retained by CME Group as a consultant; a current board member of DME Asia Pte Ltd which is a subsidiary of Dubai Mercantile Exchange; former executive director of client development and sales of CME Group and former policy director of International Swaps and Derivatives Association (ISDA).

Way Yee is a partner of BWY LLP, which provides consulting and advisory on risk management using derivatives product as well as expert evidence for dispute resolution in court and arbitral tribunal. He is also an independent arbitrator and adjudicator and is a member of both the arbitration and adjudication panels of the Kuala Lumpur Regional Centre of Arbitration.

He is currently retained by CME Group (formerly known as Chicago Mercantile Exchange) as a consultant to provide consulting and training for Asia financial institutional clients of CME on risk management using CME’s products and services. He has since consulted and trained no fewer than fifty banks, securities and derivatives brokers in Asia on risk management using energy, agricultural commodities, interest rate, equity and foreign exchange products. Way Yee is also a board member of DME Asia Pte Ltd, a subsidiary of Dubai Mercantile Exchange.

Before becoming an independent consultant and arbitrator, he was the executive director of client development and sales of CME Group in Asia responsible for running the business facing financial institutions which include Asian Central Banks.

Prior to his employment with CME Group, Way Yee served a three-and- a-half- year stint with the International Swaps and Derivatives Association as its Policy Director in Asia. Other than being responsible for assisting the formulation of industrial best practices in OTC derivatives trading, he was heavily involved in the lobbying with the regulators and legislators of various Asian jurisdictions on the recognition of Close-out Netting of OTC contracts and on increasing the certainty of collateral arrangement.

He spent four years trading equity derivatives as an individual member of the Singapore Exchange at the open outcry trading floor. At the same time, he was also offering training services to banks and securities companies on derivatives products valuation and trading. During that period, he trained a number of investment banks like Morgan Stanley, Credit Suisse, ING, commercial banks such as Bank of China and DBS, energy company such as Petronas and numerous securities companies in China and Taiwan.

For a stint of two years, Way Yee has also been a Director of Financial Services Group of Deloitte and Touche. He was the principal consultant and marketer for risk management consulting to banks and financial institutions in Asia. He participated in auditing of banks in their financial markets and investment businesses. He has also been involved in a number of due diligence assignments for the merger and acquisition of financial institutions and risk management review on banks requested by the regulators.

Way Yee spent ten years with United Overseas Bank of Singapore. He was the Vice President and senior derivatives trader of the Derivatives Trading Division. He traded proprietarily in equity and interest rate derivatives which comprised mainly of options. He spent the last three years as the Head of Group Market Risk Management that oversees the risk policy, quantitative measurement, valuation and control of the whole bank’s market exposure.

Way Yee has a Bachelor of Engineering (B Eng), a Bachelor of Laws (LLB), a Master of Business Administration (MBA), and he is a Charter Holder of Chartered Financial Analyst (CFA), a fellow of the Association of Chartered Certified Accountants (FCCA), a Singapore Chartered Accountant, a fellow of the Chartered Institute of Arbitrators (FCIArb) and a fellow of the Singapore Institute of Arbitrators (FSIArb).