Joseph Bauman is an Affiliate of Rutter Associates. He has over 40 years’ experience in finance and over 30 years in the global derivatives markets. For the last nine years Mr. Bauman has been the Chief Administrative Officer of Athilon Structured Investment Advisors LLC, a New York based investment and risk management firm that focused on the derivative markets. Before joining Athilon, Mr. Bauman was a co-founder of Primus Guaranty Ltd., the first credit derivatives product company, and was its Chief Financial Officer from 2000 through 2003. He served on the boards of both Athilon and Primus during their formative years. Prior to Primus, Mr. Bauman was Managing Director and headed Bank of America’s Derivatives Sales and Structuring team for North America, and its International Financial Management team. He has also held business management positions with Citibank’s Global Derivatives Group and various positions at Chemical Bank including head of its Global Swaps Group and Asia Regional Treasurer.
Mr. Bauman is a former Chairman of the International Swaps and Derivatives Association (ISDA) (1993-1994), and member of ISDA’s Board of Directors (1989-1999). He was also a Founding Director of the International Association of Financial Engineers. Mr. Bauman has been an active representative for the derivatives industry, speaking and providing testimony in numerous forums including U.S. Congressional committees, the Financial Accounting Standards Board, and international regulatory bodies. He received his B.A. from Rutgers University and his Master of Public Administration from the Wharton School at the University of Pennsylvania.
Gene D. Guill held positions in economic research and consulting at Stanford Research Institute, Wharton EFA, and DRI/McGraw-Hill before joining Bankers Trust and eventually Deutsche Bank where he pioneered the use of risk-adjusted analysis, credit portfolio models, and the active management of credit risk using credit default swaps and asset securitizations. He served as chairman of the International Association of Credit Portfolio Managers and president of the New York Chapter of the Risk Management Association. He was a member of the editorial advisory board of the RMA Journal and a practitioner associate editor of the Journal of Applied Finance. He is currently the co-director of the RMA/Wharton Executive Risk Management Program. Mr. Guill received his Ph.D. in economics from Duke University.
Kokichi Komagata joined Bank of Tokyo (currently Bank of Tokyo-Mitsubishi UFJ) in 1975. He started his career in the foreign-exchange business. Mr. Komagata launched the first currency option product in Japan in 1984. Since then, he has continued to develop financial engineering products including derivatives such as swaps and options, and structured securitization products.
After serving as Chief Executive Officer of Tokyo-Mitsubishi International in London, Mr. Komagata became Executive Officer of Bank of Tokyo-Mitsubishi. In 2004 he took on the role of Senior Executive Officer at Mitsubishi Securities (currently Mitsubishi UFJ Morgan Stanley Securities). In Mitsubishi Securities he served as Director and Senior Executive Officer in various business units including the primary market business, the global secondary markets and the retail business.
In 2009, Mr. Komagata joined Kokusai Asset Management (currently Mitsubishi UFJ Kokusai Asset Management) where he was President and Chief Executive Officer from 2010 and then Chairman from 2012 to 2014.
Mr. Komagata’s career spans nearly 40 years. He actively contributed to the financial markets in Japan by taking various committee member posts, such as the Board of the Investment Trusts Association, the management committee of Association for Real Estate Securitization, the editing committee of Securities Analysts Journal and ISDA Tokyo committees.
Mr. Komagata graduated from the University of Tokyo with a degree in mechanical engineering.
David Maloy is a consultant in the area of OTC derivatives market operations and clearing with an emphasis on business processes and technologies for managing the credit support of trading counterparties through the use of collateral.
Prior to starting his consulting practice Mr. Maloy was COO and Director of NetOTC, Ltd. London, a first of its kind risk management system for OTC Derivatives. Prior to NetOTC, Mr. Maloy worked at Credit-Suisse Investment Bank, where he held the position of Global Head of Collateral Management. Prior to joining Credit-Suisse Mr. Maloy held a similar position with UBS. In addition to Collateral Management [at UBS?] he was responsible for External Commercial Services Management, Global Control, Global Listed Derivative Operations as well as participating in the management of counterparty Credit Risk and Operations Management. Prior to UBS, Mr. Maloy was the first CEO of Delta Government Options, a SEC Registered 17a Clearing Agency which provided central clearance of options on US Treasury Debt.
Mr. Maloy was one of the founders of the ISDA Collateral Committee, which he co-chaired in New York between 1995 and 2004. He remains actively involved with the International Swaps and Derivatives Association (ISDA) and has been a principal contributor to many ISDA publications in the field of collateral management, including the implementation and serial issuance of the ISDA Guidelines for Collateral Practitioners.
Mr. Maloy holds a BA degree from Boston College.
Neil D. Pearson joined Rutter Associates as an Affiliate in 2006. Dr. Pearson is the Harry A. Brandt Distinguished Professor of Finance at the University of Illinois at Urbana-Champaign. In the past he has been on the faculty of the University of Rochester, served as Visiting Academic Fellow at the U.S. Securities and Exchange Commission, and been a Visiting Professor at MIT and Tsinghua University. He teaches courses about the valuation of derivative financial instruments and the measurement of financial risks and conducts research on various issues in financial markets, including the valuation of derivative financial instruments. In addition to publishing papers in a number of academic journals, Dr. Pearson is the author of Risk Budgeting: Portfolio Problem Solving Using Value at Risk (Wiley). He is an Associate Editor of the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, the Journal of Risk, and Economics Bulletin. Dr. Pearson has extensive consulting experience on the measurement and management of market and credit risk and on the valuation of derivative financial instruments. He received his A.B. from Princeton University and his Ph.D. from the Massachusetts Institute of Technology.