YET L CHAI
**** **** ***** *** **: 347-***-****
Pearland TX 77581 E-Mail: **********@*******.***
Senior corporate treasury professional in Hong Kong for over 15 years prior to moving
to USA in 2012. Over 20 years international experience in finance with in-depth
knowledge and practical experience of investment products, funding, loans, equities,
banking operations, foreign exchange and derivatives. Hold a B.A.(Econs) Upper 2 nd
Class Hons from Leicester University, U.K and Certified Treasury Professional.
PROFESSIONAL EXPERIENCE
West Kowloon Cultural District Authority July 2010 to July 2011
Website address: www.wkcda.hk
West Kowloon Cultural District Authority (WKCDA) is a Hong Kong statutory
authority, established in 2008 to develop an integrated arts and cultural district with an
endowment fund of about US$3 billion to cover development costs.
Senior Manager, Treasury and Fund Management (Treasurer equivalent)
Report to the Executive Director, Finance (CFO)
• Managing HK$22 billion (US$3 billion equivalent) funds
• Setting up effective cash management system, treasury team and policies and
procedures
• Managing risk exposure and corporate capital structures
Achievements
• Increased rate of return for US$ 3bn funds from 0.9% in 2009 to 3.4% in
2010 and 4.2% in 2011 with low risks required for a HK government entity.
• First Government Authority to generate a rate of return exceeding 3% with a
low risk level
• Set up Cash Management system, Treasury Team and Treasury Policies and
Procedures in less than a year.
IDT HK Ltd, Hong Kong Mar 2008 to Apr 2010
Website address: www.idthk.com
Public listed holding company of Oregon Scientific, a leading consumer brand in
weather and timing products, with marketing offices in Europe, US, Australia, LATAM
and Asia.
Treasurer
Report to CFO
• Financing, Cash Management, E-Banking, Hedging, Risk Management,
Receivables Management
• Share buyback, privatization exercise, dividend payouts
• Supervise 3 direct reports in HK and 20 support staff in Shenzhen, China.
Achievements
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• Centralized Cash Management, lowered operational risks and generated
transaction cost savings.
• Restructured overseas Finance teams and implemented credit insurance
policies & factoring for buyers on open account which lowered credit risk of
company.
Hongkong Land Ltd, Hong Kong Jan 1998 to Aug 2006
Website address: www.hkland.com
Property arm of Jardine Matheson and is the largest landlord in the central business
district in Hong Kong, where it owns and manages about 5 million square feet or nearly
20% of total prime office and retail space in Central, Hong Kong.
Regional Treasury Manager
Reported to Head of Treasury and Investments
• Financing, cash management, treasury operations, risk management.
• Project Analysis – Review on financial model assumptions by project teams and
advise on funding and risk (economic, sovereign, financial)
• Bank relationships – managed relationships with over 40 banks, which over half
were international banks.
Achievements
• Assisted in the issuance of 6-yr US$300m bonds, 7-year HK$7.5bn (US$1
bn equivalent) syndicated loan facility and extended the average maturity
profile of loans to 5 years. Managed HK$14bn (US$2 bn equivalent) loan
portfolio and US$1 bn liquid cash.
• Implemented US$1 bn FX Forwards to hedge FX risk, HK$7bn (US$900m
equivalent) and US$200m (other currencies) interest rate swaps to hedge
interest rate risk.
• Implemented the new Treasury system (Integra-T).
Equities Dealer in OSK Securities Asia Ltd, Malaysia. 1994 - 1997
Assistant Manager, Finance in FELDA Oil Products, Malaysia 1992 – 1994
Trade Finance Officer in Maybank Berhad, Malaysia 1991 - 1992
EDUCATION
Bachelor of Arts, Upper 2nd Class Honors in Economics 1988 – 1991
University of Leicester, United Kingdom
PROFESSIONAL QUALIFICATIONS
Passed Certified Treasury Professional in January 2013
Passed HKSI Papers 1, 7, 8 in 2009 (HK equivalent papers for commodities, futures &
options and equities trading)
LANGUAGES
Fluent in English, Cantonese, Malay, Mandarin and can speak several Asian languages.
COMPUTER SKILLS
MS Office (MS Word, Excel, Power Point, Outlook), Reuters, Bloomberg
OTHERS
Malaysian Passport, HK Permanent Resident and USA Green Card Holder (Legally
authorized to work in the USA)
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