Current responsibilities at The RisKontrol Group GmbH (2000-present)
Dr. Kreuser, building on 24 years of financial modeling at the World Bank, founded The RisKontrol Group GmbH in 2000 for the development of state-of-the-art tools and techniques for and consulting on the strategic analysis and management of financial risks due to uncertainty in interest rates, exchange rates, commodity prices, macro-economic factors, etc. associated with asset/liability portfolios. He is responsible for designing and building tailor-made, enterprise-wide, integrated, and open risk management models for strategic asset/liability management and for providing services in risk education, risk reviews, research, maintenance, and client partnership programs. Some of the main clients are central banks, ministries of finance, pension funds, and insurance companies.

International Reserves Management Advisor for the IMF (2000-present)
Dr. Kreuser, under the aegis of the International Monetary Fund, provides expertise (advisory, technical, and training) to central banks on reserve management, the development of risk management capabilities, and on sovereign risk including asset and liability management.

World Bank experience (1974-1998)
Dr. Kreuser has held several positions at the World Bank during his tenure from 1974-1998 including head of Modeling Support for Finance and Projects and head of the Quantitative Analysis Consulting Group. He led a project, funded by the World Bank Research Committee, for developing and applying state-of-the-art tools for asset/liability management in developing countries for central banks and ministries of finance. He has developed and implemented portfolio models, cash flow models, industrial planning models, health sector models, economic models, and other project sector models. He has provided the modeling leadership for several World Development Reports. He has worked on projects in Africa, the Middle East, Latin America, and China. He has also advised the Finance Complex on modeling applications on derivatives and regularly taught internal workshops on modeling applications in economics and finance and an international workshop on risk management for central banks and ministries of finance.

Dr. Kreuser co-developed and implemented one of the first dynamic asset and liability models under uncertainty for risk analysis that was applied in the real world. It was regularly used in weekly strategy meetings in the mid-seventies in the World Bank's Treasurer's Department for the management of their fixed income portfolio of around $US 6 billion.

Other experience
Dr. Kreuser is an Adjunct Professor of Operations Research at George Washington University. Since 1982, he has regularly taught a graduate course on the Applications of Linear and Nonlinear Optimization with applications in Economics and Finance. He redesigned that course and established a modeling laboratory at the university to support it. Dr. Kreuser received acclaim for his teaching methods and the course has since become a regular part of the curriculum. He has regularly taught international workshops on the theory and application of modeling in finance, projects, and economics, in Washington, DC; Munster, Germany; and Madrid, Spain. He also taught a workshop on strategic-integrated asset and liability management in Cologne, Germany. Dr. Kreuser has developed numerous analytical tools and techniques for finance and economics at the University of Wisconsin and at the IBM Scientific Center.

Education
Dr. Kreuser holds a Ph.D. in Mathematical Programming/Computer Sciences and a Masters and B.A. with Honors in Mathematics from the University of Wisconsin.

Datuk Noripah Kamso is the Chief Executive of CIMB-Principal Asset Management Berhad, a position she assumed in September 2004 after bringing more than 22 years experience in corporate credit and lending: 10 years via a Commercial Bank outfit, and 12 years via Investment Banking outfit. She has managed a Derivatives Broking Outfit via CIMB Futures Sdn Bhd for 9 years.

Deemed a two-time winner of the ¡°Marketing Personality of the Year¡± award (for 2006 & 2005) by Asia Asset Management for the Asia Pacific region and CEO of The Year for Malaysia (2007), Datuk Noripah has successfully overseen CIMB-Principal¡¯s further expansion into new markets and institutional mandates.

She currently serves as Council Member of the Federation of Malaysian Unit Trust Managers (FMUTM) and as Deputy Chairman of FMUTM's Education Committee. Besides being a Past President of the Malaysian Futures Brokers Association (MFBA), Datuk Noripah also authored the book ¡°Credit Decision Making: The Qualitative Credit Approach¡±, which was used by Institut Bank Bank Malaysia (IBBM) as a module for its Certified Credit Professional (CCP) exam.

Mr Stein joined Lombard Street Research in 1991 to set up the company¡¯s World Service. In 1994 he became a Director of the company. Although all LSR economists have a global reach, Mr Stein currently specializes in the economies of the United States, the euro-zone, France, Australia, China, Taiwan and the GCC region.

Lombard Street Research is a macroeconomic forecasting consultancy. The company sells subscriptions to its forecasts to institutional investors around the world. Its research is characterized by its independence and by its monetarist approach.

Previous to joining Lombard Street Research, Mr Stein ran his own economics and public affairs research consultancy, Stein Brothers, first in Stockholm and from 1990 in London. He is a graduate of the Stockholm School of Economics.

Manmohan Singh is presently with the Sovereign Asset & Liability Management Division of the IMF in Washington DC. He was previously with ABN Amro Bank's emerging market syndicate team (Amsterdam/London). Dr. Singh is recently involved in IMF's work in SWFs and has also leads workshops on strategic asset allocation issues to official sector policy makers. He also continues to write extensively on various topics including, the recent sub-prime losses and capital injections to financial institutions. He was the one of the first to identify the role cheapest-to-deliver bonds as a proxy for recovery value in CDS instruments. His articles have appeared in Euromoney, RISK, Journal of Investment Management , HedgeWorld and he been interviewed by major newspapers such as The Wall Street Journal, The Economist, El Cronista (Argentina), Valor (Brazil) etc. His work experience covers several countries including Chile, Argentina, India, Japan, Pakistan, Hungary, Poland, Namibia and the Gulf countries.

He holds a Ph.d. and MBA from Univ. Illinois (Urbana-Champaign) and a B.S. (magna cum laude) from Allegheny College, Pennsylvania.

Baljeet Kaur Grewal is Group Chief Economist & Head, Global Research at Kuwait Finance House. In her capacity as Chief Economist, Baljeet heads the Global Economics & Research entity, KFH Research Ltd. Kuwait Finance House is also the only Islamic Bank worldwide with a notable Investment Banking Research presence, instrumental in promoting Islamic banking and facilitating portfolio fund movement globally.

Prior to this, Baljeet was attached to the Maybank Group Malaysia, ABN AMRO Bank Singapore, ABN AMRO Amsterdam and Deutsche Bank, London, with experiences ranging from Credit Structuring, Origination & Syndication and Capital Market Research. She has broad experience in investment banking, having participated in notable fund raising transactions in Asia & the Middle East. Baljeet conceptualised the Economics framework for ABN AMRO Asia whilst attached to the bank and was instrumental in the bank winning numerous accolades for loan syndications, before taking on the role as Chief Economist & Head, Investment Banking Research at the Maybank Group.

To date, she has undertaken research in Islamic finance with a principle focus on debt capital markets and Sukuks. She has written and published numerous articles on Developing Economies & Debt Markets, World Economic Growth and GCC & SEA Economies; as well as addressed numerous international conferences & forums.

Baljeet holds a 1st Class Hon. degree in International Economics from the University of Hertfordshire, UK and has undertaken extensive research at the London School of Economics; as well as with various organisations, including the Hertford Business School, SOAS, London and the Islamic Development Bank (IDB). She is also the award recipient of the prestigious Sheikh Rashid al-Makhtoum award for Regional Contribution to Islamic Finance in Asia 2006.

In 2007, Kuwait Finance House was awarded ¡°Best Research in Islamic Finance¡± by Dow Jones Islamic and Terrapin Group.

Kuwait Finance House is the largest Islamic banking institution by asset size in the world with its diversified range of products and services, covering full-scale corporate and investment banking, commercial banking, retail banking, asset management and direct investments in various sectors. Kuwait Finance House was voted the Worlds¡¯ 2nd Best Islamic Bank in the industry in 2006. Malaysia¡¯s first foreign Islamic Bank, Kuwait Finance House (Malaysia) Berhad was simultaneously voted Best New Islamic Bank and the second Most Innovative Islamic Bank for 2006.

Abrar Mir is the Managing Partner of NBD Sana Capital, a sector focused private equity fund.

Abrar Mir is a senior investment professional with over eighteen years financial industries and private equity experience. He has led private equity transactions with an aggregate value of over $40 billion and financings (equity and debt) of over $30 billion.

Abrar¡¯s international experience has included leading several high profile private equity transactions in the US, Europe and several Emerging Markets (including the Middle East, North Africa, Turkey and India). He has played a leadership role in a diverse range of transactions ranging from highly successful investments in large leveraged buy outs, corporate carve-outs of non-core assets, expansion capital investments in fast growth companies, to investments in turn-around / special situations.

Abrar¡¯s investment philosophy is driven by a disciplined focus on fundamentals, strong industry knowledge, optimal financial engineering and a basic belief in backing the best management teams.

Prior to joining NBD Sana Capital, Abrar was a Managing Director at Banc of America Securities in London. Whilst there, Abrar was part of the senior leadership team that significantly expanded the bank¡¯s private equity strategy and was responsible for driving one of its international industry groups. Before that, Abrar was at Salomon Smith Barney (Citigroup), where he led several important Mergers & Acquisition, Equity Capital Market and Debt Capital Markets transactions. He is also a qualified international finance lawyer.

Abrar holds an M.A. in Law and M.Phil degree in International Law from the University of Cambridge. He is also fluent in five languages.

Dr. Yosri is a founding partner and Managing Partner of 3iC Group. He is a member of the Investment Committee and is responsible for the operation of 3iC Group and business development. He is also an adjunct professor of Business & Technology at New York University and a prominent speaker in many economic and investment forums worldwide. Dr. Yosri has over has over 18 years of investment management and business experience. He serves as a member of the Board and advisor to business and non-profit institutions in the US and the Middle East. Dr. Yosri is former candidate for the U.S. Congress.

Brian P. Lancaster joined Wachovia Securities as Managing Director, Senior Real Estate Strategist and Head of CMBS Research in July 2001, and is now Head of the 18 member Structured Products Research team.

Before joining Wachovia Securities, Lancaster was a Managing Director (Principal) in Structured Products at Bear, Stearns & Co. Inc. from 1990 to 2001. From 1987 to 1990, he was a Vice- President in New Financial Products and Engineering at Chemical Securities Inc., and from 1984 to 1987 he was a Senior Capital Markets Economist at both the Federal Reserve Bank of New York and the Bank of England in London. From 1996 to 1999, Lancaster served as an Adjunct Professor of Finance in Columbia University¡¯s MBA program where he taught courses on the bond and derivative markets. Currently he periodically lectures at Harvard, Wharton, and New York University business schools. Lancaster was voted to Institutional Investor¡¯s All-America Fixed-Income Research Team in 2001, 2000, and 1999, and was voted best CMBS Analyst of the Year in 2003 by Real Estate Finance & Investment, an Institutional Investor publication. In 2006, National Real Estate Investor (NREI) magazine named Lancaster a "CMBS Pioneer" and one of "Ten to Watch" in real estate. The annual top ten list of real estate leaders includes brokers, developers and finance professionals who are shaping the future of the commercial real estate markets. In 2006, Lancaster was awarded the CMSA/CMBS World annual best research report award for his report, Understanding Commercial Real Estate CDOs, an award he also received in 1999. Lancaster is also Vice Chairman of the Global Commercial Real Estate Advisory Council and a Governor of the Commercial Real Estate/Multifamily Finance Board the Mortgage Bankers Association where he consults periodically with Chairman Bernanke and the Federal Reserve Board.

Lancaster holds an MBA from New York University, a Masters in International Affairs from Columbia University, where he was selected as an International Fellow, and a BS from the Massachusetts Institute of Technology. He has been a contributing author to numerous books and reports in English, German, French, and Chinese on the bond, structured product, and real estate markets as well as the co-author of Collateralized Debt Obligations: Structures and Strategies. His forthcoming book Structured Products and Related Credit Derivatives, co-edited with Glenn Schultz and Frank Fabozzi, Wiley Publications, will be in bookstores this April. He has also published numerous articles in professional journals including the Journal of Fixed Income Securities, The Financier, The Securitization Conduit, Journal of Housing Finance, Journal of Real Estate Finance, and CMBS World, where he is a managing editor.

Degreed in philosophy from The University of Southern California, Kevin began his trading career at the ripe age of 22. As one of the youngest members ever elected to a full seat on the New York Cotton Exchange, Kevin quickly established himself as a key player in the commodities trading business. He soon became the founding partner of Kerr Trading International, where he went on to trade commodities in the most well respected pits both domestic and abroad. By 1993, Kevin was a Senior Derivatives Broker/Dealer for Intercapital Brokers of London and New York. Kevin continued to trade OTC commodity swaps and options predominantly in the energy and metals sectors for the following ten years.

In 2003, Kevin entered the publishing business by writing his first newsletter,KWEST Market Edge. KWEST¡¯s instant success garnered attention from publishers across the country, and was eventually bought by Agora Inc. Soon after Agora purchased KWEST, Kevin became the co-editor of Outstanding Investments and the editor of Resource Trader Alert.

Kevin's unparalleled expertise in futures and commodities trading has made him a regular contributor to news outlets like CNN, FOX News, CNBC, Bloomberg TV, CBS Evening News, Nightly Business Report and many others. Kevin is heard weekly on radio stations throughout the country and is also a columnist and frequent contributor to Dow Jones MarketWatch, where he's been quoted almost daily since 1999.

Kevin Kerr launched two hedge funds in 2007. Cane Garden Capital, a $500 million institutional Agricultural Fund and Kerr Investments, a retail agricultural fund. Both funds are currently awaiting final regualtory approval. An offshore fund is also planned for 2008.

He joined in January 2008 to head the expansion of Ashmore's  public sector franchise. Ousmene was a Deputy Division Chief at the International Monetary Fund and had several assignments on Latin America, including as a resident representative, and IMF member and lending policies. He worked in investment banking economic research for Credit Suisse on Eastern Europe and Africa. Ousmene published on exchange rate policy and sovereign debt restructuring and did his post-graduate work in economics at Cambridge University.

Mr. Li Keping is the Vice-Chairman and Secretary-general of the National Council for Social Security Fund, China, since Dec. 2007

Professional Experience

Education

Early 2008, Stephane Monier has been nominated as Global Head of Fixed Income of the future combined business of Fortis Investments and ABN AMRO Asset Management. The Fixed Income team based in London and Chicago comprises over 80 investment professionals and manages more than €110 billion.

With 17 years of fixed income experience, Mr Monier has specific expertise in international fixed income, credit, asset allocation and currency management. He also has extensive experience developing investment processes combining qualitative and quantitative approaches, servicing clients and managing multi ¨C cultural teams.

Prior to joining Fortis Investments, Mr Monier was head of Fixed Income and Currencies at Abu Dhabi Investment Authority where he had spent eight years. During the first seven years of his career, he managed various euro and global fixed income portfolios for JP Morgan Investment Management in London and Paris.

He is a chartered Financial Analyst and holds a Masters Degree in International Finance from HEC, as well as an Engineering degree (statistics and economics) from Institut National Agronomique in Paris.

Business Experience

Education

• Masters in International Finance, HEC Graduate School of Management, Paris
• Masters in Engineering, INA PG, France
• Chartered Financial Analyst

Stefan Scholz is the head of the quantitative analysis group of RMF Investment Management, based in Pfaffikon, Switzerland. The team focuses on economic and econometric research, asset allocation and portfolio construction but also is involved in investment selection, portfolio management and risk management. Mr Scholz is a member of the management committee of RMF Investment Management. Prior to joining RMF in 2001 as a quantitative analyst, he spent two years as a research assistant at the Institute of Operations Research at the University of St. Gallen, focusing on the numerical pricing of exotic financial derivatives. From 1994 to 1996 Mr Scholz worked for Robert Bosch, on projects in controlling and strategic planning in Germany and France. Mr Scholz received his Master¡¯s degrees in industrial engineering from the University of Karlsruhe, Germany and from Stanford University, USA and a PhD in finance from the University of St. Gallen, Switzerland. He has published several articles on hedge fund related topics.

Mr. Takahiro Sekido is Resident Economist & Deputy Director in JCIF Singapore seconded from the Bank of Japan.

He mainly covers macroeconomic issues in ASEAN five countries plus India. Also, he follows up the latest Islamic finance issues, capital flows and financial integration in Asia.

He was head of global economic analysis for Group of Seven and IMF meetings in the International Dept. Also, he had experience in fiscal treasury management and research as head of fiscal balance control team. In the late 1990, he did financial analysis of capital adequacy and funding stability of Japanese banks in the Bank Surveillance Dept.

He has Master in Business Administration (Accountancy) from the University of Illinois at Urbana-Champaign, and Bachelor in Economics (Econometrics) from the Keio University, Tokyo.