KOH Cher Chiew Francis 30 December 2014 . KOH Cher Chiew Francis Lee Kong Chian School of Business Singapore Management University FRANCISKOH@SMU.EDU.SG Office Phone: 6828 0719 Date of CV revision: 30 December 2014 Citizenship: Singaporean . . Education . 1995 FCMA, Fellow of the Chartered Institute of Management Accountants (UK) 1990 CPA, Member of the Institute of Chartered Public Accountant of Singapore 1984 PhD, University of New South Wales, Australia 1979 MBA, University of British Columbia, Canada 1975 . . BBA (Hons), University of Singapore, Singapore Position(s) Held . Jul 2005 - Now Professor of Finance, Practice Lee Kong Chian School of Business Singapore Management University 2012 - Now Vice Provost (Special Projects) Jul 2010 - 2012 Deputy Dean Lee Kong Chian School of Business Singapore Management University Dec 2003 - Jun 2010 Associate Dean, Lee Kong Chian School of Business, SMU Mar 2003 - Now Director, MSc in Wealth Management Programme, SMU Apr 2002 - Jun 2005 Practice Associate Professor of Finance, SMU 1997 - 2002 Deputy Director, GIC 1994 - 1997 Senior Investment Manager, GIC 1988 - 1992 Tenured Academic Senior Lecturer, NUS 1988 - 1990 Vice Dean, Faculty of Business Administration, NUS 1987 - 1988 Sub-Dean, Faculty of Business Administration, NUS 1985 - 1987 Deputy Head, School of Management, NUS 1984 - 1987 Director, NUS Multi-purpose Co-operative Society 1979 - 1994 . . Lecturer / Senior Lecturer, NUS Visiting Positions . 2008 - 2010 Visiting Professor, St Gallen University 1991 Visiting Scholar, University of British Columbia 1991 Visiting Scholar, University of Michigan Page 1 of 11 KOH Cher Chiew Francis 30 December 2014 . . . . Scholarships . • . • . • Australian Universities International Development Program (Doctoral Studies in Finance), 1980 - 1984 Canadian Commonwealth Scholarship (Master's Program in Business Administration), 1977 - 1979 Singapore Finance Scholarship (Undergraduate Program), 1973 - 1975 . . Research Interests . • . • . • . . Corporate Finance (IPO,Mergers and Acquisitions) Investment (Private Equity & Hedge Funds, Mutual Funds, REITS) Wealth Management (Private Banking, Anti-money Laundering) Journal Articles (Refereed) . 1. . 2. . 3. . 4. . 5. . 6. . 7. . 8. . 9. "An Analytical Framework for Science Parks and Technology Districts with an application to Singapore", by Francis KOH, Winston T H KOH, and Feichin, Ted TSCHANG, 2005, 20, 2, Journal of Business Venturing, 217-239 "Corporate Divestitures and Spinoffs in Singapore", by Francis C.C. KOH, Winston T H KOH, and Benedict KOH, 2005, 2, 1, Journal of Restructuring Finance, 69-79 "Investing in Asian Hedge Funds: An Introduction", by Francis KOH and Winston KOH, 2005, Financiele Studievereniging Rotterdam "An Evaluation of Hedge Funds: Risk, Return and Pitfalls", by Francis KOH, David K.C. LEE, and K.F. PHOON, 2002, 47, 1, The Singapore Economic Review, 153-171 "Venture Capital and Economic Growth: An Industry Overview and Singapore's Experience", by Francis KOH and Winston KOH, 2002, 47, 2, The Singapore Economic Review, 243-267 "An Evaluation of Hedge Funds: Risk, Return and Pitfalls", by Kuo Chuen David LEE, Francis KOH, and Kok Fai PHOON, 2002, 47, Singapore Economic Review, World Scientific, 153-172 "An Empirical Analysis of the Risks and Returns of Acquired Firms in Singapore", by Francis KOH and S.H. LEE, 05/1998, 5, 3, Asia-Pacific Journal of Management, 157-168. "Empirical Analysis of the Investor Sentiment Explanation of Discounts in Closed-end Funds", by Francis KOH, K F PHOON, and R OH, 10/1993, Securities Industry Review, 17-24, Singapore "Market Timing Abilities of Fund Managers: Parametric and Non-Parametric Tests", by Francis KOH, K F PHOON, and C H TAN, 01/1993, 20, 2, Journal of Business Finance & Accounting, 155 . 10. "The Signalling Process in Initial Public Offerings", by Francis KOH, Joseph LIM, and Chin NEO, 10/1992, 9, 2, Asia-Pacific Journal of Management, 151-165, Singapore . 11. "Synergistic Gains from Corporation Acquisitions and the Impact of Shareholders' Wealth", by Francis KOH, K F PHOON, and T. M. TAN, 10/1992, Securities Industry Review, 1-12, Singapore . Page 2 of 11 KOH Cher Chiew Francis 30 December 2014 . 12. "The signalling process in initial public offerings", by Francis KOH, Young Sain, Joseph LIM, and Neo CHIN, 10/1992, 9, 2, Asia Pacific Journal of Management, 151-165 . 13. "Initial Public Offerings: Why are they Typically Underpriced?", by Lester JOHNSON and Francis KOH, 04/1991, 2, 1, Bond Management Review, 61-66, Australia . 14. "Singapore Airlines: Price Effects of Restriction on Foreign Ownership", by Swee Sum LAM, Francis KOH, and Yuen Kin CHIA, 10/1990, Securities Industry Review, 57-66, Singapore . 15. "New Issues: Rationing - Adjusted Initial Returns and the Winner's Curse", by Francis KOH, Miew Cheng LOKE, Kok Fai PHOON, and Terry WALTER, 04/1990, Securities Industry Review, 31-34, Singapore . 16. "A Direct Test of Rock's Model of the Pricing of Unseasoned Issues", by Francis KOH and T S WALTER, 1989, 23 , 2, Journal of Financial Economics, United States, 251-272 . 17. "The Performance of the Four Investment Trusts Listed on the Singapore Stock Exchange", by Francis KOH, K F PHOON, and J M TAN, 10/1989, Securities Industry Review, 1-13, Singapore . 18. "Unit Trusts in Singapore", by Joon Eng CHAN, Seng Kee KOH, and Francis KOH, 10/1989, Securities Industry Review, 21-31 . 19. "Prediction of Corporate Takeovers - An Empirical Analysis of Singapore Firms", by Francis KOH, K F PHOON, and K S NG, 10/1988, Securities Industry Review, 29-44, Singapore . 20. "An Empirical Analysis of Financial Ratios Using an Industry Approach", by Francis KOH and Lawrence KOH, 04/1988, Securities Industry Review, 45-56 . 21. "An Empirical Analysis of the Performance of Unit Trusts in Singapore", by Francis KOH, Benedict KOH, and T. C. CHENG, 10/1987, 13, 2, Security Industry Review, 1-14 . 22. "Problems of Cement Industry in Singapore", by Francis KOH and Chin LIM, 07/1986, Singapore Management Review, 67-73, Singapore . 23. "Unit trusts in Singapore", by Seng Kee, Benedict KOH, J. E. CHUA, and F. KOH, 1985, 11, 2, Security Industry Review, 21-32 . . Journal Articles (Non-refereed) . 1. . 2. . 3. . 4. . 5. "Singapore as an Emerging Hub for Wealth Management", by Francis KOH and Choon Ki LEE, 10/2003, Pulses, 10-14 "CPF-approved Unit Trusts and Investment-linked Polices: Making informed investment decisions", by Annie KOH, Benedict KOH, and Francis KOH, 08/2002, PULSES, 24-27 "A Study of Merger Motives of Singapore Companies", by C.P. CHOY, Francis KOH, and Kok Fai PHOON, 11/1988, Stock Exchange of Singapore Journal, 4-14 "Allocation Patterns of New Issues in Singapore", by Francis KOH and Terry WALTER, 09/1988, Stock Exchange of Singapore Journal, 4-10 "The Relationship between Singapore, Hong Kong and US Equity Indices", by Francis KOH and J. MOTIWALLA, 10/1981, Stock Exchange of Singapore Journal, 10-14 . Page 3 of 11 KOH Cher Chiew Francis 30 December 2014 . . Conference Papers (Refereed) . 1. . 2. . 3. . 4. . 5. . 6. . 7. . 8. . 9. "Investing in Private Equity: Pitfalls and Best Practices", by Francis KOH, Kim Song TAN, and Yiu Kuen TSE, 09/2007, China Capital Market Research Centre Conference, Xiamen "the Asian-Pacific Finance Association First Annual Meeting", by Francis KOH, P. THAM, and J. LIM, 09/1994, Sydney, Australia. "Initial Public Offerings: Underpricing, Allocation Process and Subscription Rate of Government-link Companies", by Francis KOH, 09/1994, Asian-Pacific Finance Association First Annual Meeting, Sydney "Empirical Analysis of the Investor Sentiment Explanation of Discounts in Closed-end Funds", by Francis KOH, 1993, Third International Conference on Asian-Pacific Financial Markets, Singapore "Initial Public Offerings: A Test of Fads and Market Sentiments", by Francis KOH, 09/1993, Third International Conference on Asian-Pacific Financial Markets, Singapore "The Growth of Singapore Companies", by Francis KOH and W. KWOK, 06/1993, Academy of International Business Southeast Asia Region Conference, Hong Kong "The signalling process in initial public offerings", by Francis KOH, J.Y.S. LIM, and C. NEO, 09/1991, 563-573, Proceedings of the Second Conference on Asia Pacific Financial Markets, Hong Kong, City Polytechnic of Hong Kong "Synergistic gains from corporate acquisitions and the impact on shareholders' wealth", by Francis KOH and K.F. PHOON, 09/1991, 31-40, Proceedings of the Second Conference on Asia-Pacific Financial Markets, Hong Kong, City Polytechnic of Hong Kong "The signalling process in initial public offerings", by Francis KOH, Young Sain, Joseph LIM, and C. NEO, 09/1991, 563-573, The Asia Pacific Finance Association First Annual Conference, Hong Kong, City Polytechnic of Hong Kong . 10. "Capital Structure Behaviour of Firms in Singapore: An Empirical Analysis", by Francis KOH and K.F. PHOON, 06/1991, Third Annual Pacific-Basin Finance Conference, Seoul . 11. "the Academy of International Business, SEA Regional Conference,", by Francis KOH and K.F. PHOON, 06/1990, Hong Kong . 12. "An Empirical Test of the Law of One Price", by Francis KOH and K.F. PHOON, 06/1990, 440-445 , Proceedings of the Academy of International Business SEA Regional Conference, Hong Kong . 13. "Rationing-Adjusted Initial Returns in the Singapore New Issues Market", by Francis KOH, M.C. LOKE, and K.F. PHOON, 06/1990, 244-250, Proceedings of the Academy of International Business, Southeast Asia Regional Conference, Hong Kong . 14. "Singapore Airlines: Price Effects of Restriction on Foreign Ownership", by Swee Sum LAM, Francis KOH, and Y.K. CHIA, 06/1990, 239-243, Proceedings of the Academy of International Business, Southeast Asia Regional Conference, Hong Kong . 15. "Marketing Timing abilities of Investment Managers in Singapore", by Francis KOH, K.F. PHOON, and C.H. TAN, 11/1989, 805-822, Proceedings, Inaugural International Conference on Asian-Pacific Financial Markets, Singapore . 16. "Ex-ante Uncertainty and the Under-Pricing of Unseasoned New Issues", by Francis KOH and B K THIO, 12/1988, Australasian Finance and Banking Conference, Sydney, Australia . 17. "Prediction of Corporate Takeovers: An Empirical Analysis of Singapore Firms", by Francis KOH, Kee Seng NG, and K.F. PHOON, 06/1988, 135-151, Proceedings of the Academy of International Page 4 of 11 KOH Cher Chiew Francis 30 December 2014 . Business, Southeast Asia Regional Conference, Bangkok, Thailand . 18. "A Study of Merger Motives of Singapore Companies", by C.P. CHOY, Francis KOH, and K.F. PHOON, 06/1988, 152-169, Proceedings of the Academy of International Business, Southeast Asia Regional Conference, Bangkok, Thailand . 19. "Allocation Patterns of New Issues in Singapore", by Francis KOH and Terry WALTER, 05/1988, Pan-Pacific Conference V, Singapore . 20. "Alternatives in Health Care Financing", by Francis KOH and Chin LIM, 02/1988, 40-44, Proceedings of the Seminar on Economic Issues in Health Care, National University of Singapore . 21. "the Academy of International Business, Southeast Asia Regional Conference,", by Francis KOH and S.H. LEE, 08/1987, Kuala Lumpur, Malaysia . 22. "An Empirical Study of Abnormal Dollar Returns from Corporate Takeovers", by Francis KOH and S.H. LEE, 08/1987, V1-V14, Proceedings of the Academy of International Business, Southeast Asia Regional Conference, Kuala Lumpur . 23. "An Empirical Study of the Risks and Returns of Corporate Takeovers of Singapore Companies", by Francis KOH and Soo Hoon LEE, 06/1986, 768-777, Proceedings of the Academy of International Business, Southeast Asia Regional Conference, Taipei, . 24. "The Risk and Price Performance of New Equity Issues in Singapore", by Francis KOH and Simon TEE, 07/1985, Academy of International Business, Inaugural Meeting of the Southeast Asia Region, Hong Kong . . Conference Papers (Non-refereed) . 1. "A Direct Test of Rock's Model of the Pricing of Unseasoned Issues", by Francis KOH and Terry WALTER, 12/1988, American Finance Association Conference, New York . . Books and Monographs (Authored or Co-authored) . 1. . 2. "Family Life Cycle & Money Management Model", by Francis KOH, Thomas TAN, and Jin Kyung HAN, OCBC Bank, Singapore, 05/2005 "Shipping Services in Singapore", by Francis KOH, Kok Fai PHOON, and Caroline YEOH, Citibank N.A. (Singapore), Singapore, 11/1991 . . Chapters in Books . 1. . 2. . 3. "Market Structure and Growth Potential of Singapore REITs", by Cher Chiew Francis KOH, Kuo Chuen LEE, Kok Fai PHOON, and Ee Seng SEAH, in Asian Handbook of Finance REITs, Trading, and Fund Performance. Vol 2, edited by Gregoriou, G. and Lee, D.K.C., 978-0-12-800986-4, Oxford: Academic Press, U.S.A., 2014, 53-67. "Investing in Hedge Funds: Risks, Returns and Performance", by Francis KOH, Winston T H KOH, David LEE, and K F PHOON, in Hedge Funds: Insights in Performance Measurement, Risk Analysis and Portfolio Allocation, edited by Greg Gregoriou, Nicolas Papageorgiou, George Hubner and Fabrice Rouah (eds), John Wiley and Sons, USA, 2005, pp 341 - 364. "Investing in Hedge Funds: Risks, Returns, and Performance Measurement", by Kuo Chuen David LEE, Francis KOH, Winston KOH, and Kok Fai PHOON, in Hedge Funds:Insights in Performance Measurement, Risk Analysis, and Portfolio Allocation, 2005, 341-364. . Page 5 of 11 KOH Cher Chiew Francis 30 December 2014 . 4. . 5. . 6. . 7. . 8. . 9. "CTA Strategies for Returns-Enhancing Diversification", by Francis KOH, David LEE, and Kok Fai PHOON, in Commodity Trading Advisers: Risk, Performance Analysis, and Selection, edited by Greg Gregoriou, 9780471689898, John Wiley, 2004, 338-358. "CTA Strategies for Returns-Enhancing Diversification", by Kuo Chuen David LEE, Francis KOH, and Kok Fai PHOON, in Commodity Trading Advisors: Risks, Performance Analysis,and Selection , 2004, 336-357. "Risk Management and Insurance", by Francis KOH, in Management of Business, edited by J.E. Chua, S.C. Ling, C.H. Tan and H.P. Ta, Sixth edition, 9780071138284, McGraw-Hill, Singapore, 1994. "Closed End Funds in Singapore: Risk, Performance, Net Asset Value and Price Discounts", by Francis KOH, K.F. PHOON, and E.H. ONG, in Research in International Business and Finance. Rising Asian Capital Markets: Empirical Studies,, edited by B. Theodore and T. Featherston., 9781559384988, JAI Press, Greenwich, Connecticut, 1993, 181-195.. "An Empirical Study of the Capital Structure of Firms in Singapore", by Francis KOH, K.F. PHOON, and V. TAN, in Research in International Business Finance. Rising Asian Capital Markets: Empirical Studies,, edited by B. Theodore and T. Featherston., 9781559384988, JAI Press,, Greenwich, Connecticut, 1993, 67-81.. "The performance of unit trusts in Singapore", by Benedict KOH, Francis KOH, and T. C. CHENG, in Investment Analysis and Management, edited by S H Saw and C P Lim, 9789971899790, Longmans, Singapore; White Plains, N.Y., U.S., 1990, pp. 228-240. . 10. "Ex-ante Uncertainty and the Underpricing of Unseasoned New Issues", by Francis KOH, B.K. THIO, and L. JOHNSON, in Market and Stock Pricing, edited by M. Ariff and L. Johnson,, 9789971899783, Longmans, Singapore, 1990, 339- 352.. . 11. "Allocation Patterns of New Equity Issues in Singapore", by Benedict KOH, Francis KOH, and T. C. CHENG, in Investment Analysis & Management, edited by S.H. Shaw and C.P. Lim, 9789971899790, Longmans, Singapore; White Plains, N.Y., U.S., 1990, 81-90. . 12. "Prediction of Corporate Takeovers", by Francis KOH, K.S. NG, and K.F. PHOON, in Investment Analysis & Management, edited by S.H. Saw and C.P. Lim, 9789971899790, Longmans,, Singapore, 1990, 490-506.. . 13. "Performance of the Four Investment Trusts Listed on the Singapore Stock Exchange", by Francis KOH, K.F. PHOON, and J.M. TAN, in Investment Analysis & Management, edited by S.H. Saw and C.P. Lim, 9789971899790, Longmans, Singapore, 1990. . 14. "A Study of Merger Motives", by Francis KOH, C.P. CHOY, and K.F. PHOON, in Investment Analysis & Management, edited by S.H. Saw and C.P. Lim, 9789971899790, Longmans, Singapore, 1990. . 15. "Financial Ratios Using an Industry Approach", by Francis KOH and Lawrence LOH, in Investment Analysis & Management, edited by Saw Swee Hock and Lim Choo Peng, 9789971899790, Longmans, 1990, 383-393. . 16. "A Study of New Issues on the Second Board of the Singapore Stock Exchange", by Francis KOH, M.C. LOKE, K F PHOON, and Young Sain, Joseph LIM, in Investment Analysis & Management, edited by Saw Swee Hock and Lim Choo Peng, 9789971899790, Longmans, 1990, 97-107. . 17. "A Study of New Issues on the Second Board of the Stock Exchange of Singapore", by Francis KOH, M.C. LOKE, J. LIM, and Kok Fai PHOON, in Investment Analysis and Management, edited by Saw, S.H., 9789971899790, Singapore University Press, Singapore, 1990. . Page 6 of 11 KOH Cher Chiew Francis 30 December 2014 . 18. "Mergers and Acquisitions", by Francis KOH, in Handbook of Singapore-Malaysia Corporate Finance, edited by C.H. Tan and K.C. Kwan,, 9780409995480, Butterworths, Singapore; St. Paul, Minn., 1988, 150-167.. . 19. "Unit trusts", by Seng Kee, Benedict KOH and F. KOH, in Handbook of Singapore - Malaysia Corporate Finance, edited by C H Tan and K C Kwan, 9780409995480, Butterworths, 1988, p 117-131. . 20. "Unit trusts in Singapore", by Benedict KOH, J. E. CHUA, and Francis KOH, in Further Investment Analysis, edited by S H Saw and C P Lim, 9780851211763, Longman., Singapore, 1986, pp. 67-80.. . 21. "The Relationship between Singapore, Hong Kong and U.S. Equity Indices", by Francis KOH and J. MOTIWALLA, in Further Investment Analysis, edited by Saw Swee Hock and Lim Choo Peng, 9780851211763, Longmans, 1986, 311-320. . . Published Reports . 1. . 2. . 3. "Investing in Private Equity: Pitfalls and Best Practices", by Francis KOH, Kim Song TAN, and Yiu Kuen TSE, Research Report on China Private Equity, 09/2007 "Report on Shipping Services in Singapore", by Francis KOH, K F PHOON, and C YEOH, 1992 "Assistance Schemes for Small and Medium Enterprises in Singapore", by Francis KOH, APO Seminar on Small Industries Development, Seoul, Korea, 07/1986 . . Newspaper and Magazine Articles . 1. . 2. "Mastering Money Management", by Francis KOH, 09/2003, Business Times "CPF-approved Unit Trusts and Investment-linked Insurance Policies: Making informed investment decisions", by Seng Kee, Benedict KOH, A. KOH, and F. KOH, 08/2002, PULSES . . Other Published Articles . 1. . 2. . 3. . 4. . 5. "A Due Diligence Framework for Private Equity Investments", by Francis KOH, 2007 "Business Banking in Singapore", by Francis KOH and K.F PHOON, 1993 "Investible Funds and Financial Markets in Singapore", by Francis KOH, K.F PHOON, and E NG, 1993 "Bank Credit Evaluation Model", by Francis KOH and K F PHOON, 1992 "Strategic Study of the Flow of Funds in Singapore", by Francis KOH, Kian Guan LIM, K F PHOON, Y.K. TAN, and K.A. WONG, 1990 . . Working Papers . 1. . 2. "Investing in Hedge Funds: Risks, Returns and Performance Measurement", by Francis KOH, Winston T H KOH, David K. C. LEE, and Fai Phoon KOK, 10/2004 "Venture Capital and Economic Growth: An Industry Overview and Singapore's Experience", by Winston T H KOH and Francis KOH, 2002 . Page 7 of 11 KOH Cher Chiew Francis 30 December 2014 . . Conference Presentations . 1. . 2. . 3. . 4. . 5. . 6. . . "The Third International Conference on Asian-Pacific Financial Markets", by Francis KOH, J. LIM, and P. THAM, 09/1993, Singapore "The Academy of International Business Southeast Asia Region", by Francis KOH and W. KWOK, 06/1993, Hong Kong "The American Finance Association Conference", by Francis KOH and Terry WALTER, 12/1988, New York, USA. "The Australasian Finance and Banking Conference", by Francis KOH, B.K. THIO, and L. JOHNSON, 12/1988, Sydney, Australia. "The Pan-Pacific Conference V", by Francis KOH and Terry WALTER, 05/1988, Singapore "The APO Seminar on Small Industries Development", by Francis KOH, 07/1986, Seoul, Korea. Works-in-Progress . 1. . 2. "A Risk and Complexity Rating Framework for Investment Products", by Seng Kee Benedict KOH, Cher Chiew Francis KOH, Kuo Chuen LEE, Kian Guan LIM, David NG, and Kok Fai PHOON, 05/2014 "A Risk and Complexity Rating Framework for Investment Products", by Kuo Chuen LEE, Seng Kee Benedict KOH, Cher Chiew Francis KOH, Kok Fai PHOON, and Kian Guan LIM, 05/2014 . . Courses Taught - Masters . • . • . • . • . . Corporate Finance, Master of Wealth Management, SMU, 2002 - 2010 Portfolio Management, Master of Wealth Management, SMU, 2002 - 2008 Wealth Management, Master of Wealth Management, SMU, 2002 - 2010 Financial Management and Investment Analysis courses, MBA, NUS, 1979 - 1994 Courses Taught - Professional . • Taught various courses in the Associates Programme and the Comprehensive Programme for Young Investment Professionals in GC (In-house Training Programmes), 1997 - 2002 . . Courses Taught - Undergraduate . • . • . • . Term 2: FNCE217 Wealth Management, January 2008 - April 2010 Term 1: FNCE217 Wealth Management, August 2008 - November 2010 Financial Management and Investment Analysis courses, NUS, 1979 - 1994 Page 8 of 11 KOH Cher Chiew Francis 30 December 2014 . . Executive Teaching . • . • Director, Financial Management Programme (Executive Development Programme) Taught various modules and courses for executives •Wharton-NUS Banking Program •Institute of Banking & Finance •Singapore Airlines •Singapore Institute of Management •Standard Chartered Bank •IBM •National Productivity Board •Pico Art •Singapore Security Institute •Ministry of Health •Ministry of Environment, 1979 - 1994 Taught various courses for business executives: (Executive Development Programme) •Wharton-SMU Corporate Finance Programme •Singapore Venture Capital Association-SMU Programme •University of Chicago-SMU-IBM Insight Programme •Wealth Management Institute Certificate in Private Banking •EDB Programme for Officers •GIC Real Estate Pte Ltd Programme •GIC Comprehensive Training Programme •Great Eastern Life Insurance Programme •Monetary Authority of Singapore Programme, 2002 - 2008 . . Committees . • . • . • . • . • . • . • . • . • . • . • . • . • . Chairman, Post-Graduate Coursework Committee, SMU, 2007 - Now Vice Chairman, SAFRA Finance Committee, July 2006 - Now Member, MBA Programme Committee, SMU, December 2004 - Now Member, Leasing Committee, SMU, November 2004 - Now Member, Job Evaluation Committee, SMU, May 2004 - Now Member, QAFU Steering Committee, SMU, 2004 Member, Ngee Ann Polytechnic Investment Committee, 2004 - Now Academic Advisor, SMU Investment Committee, SMU, November 2003 - Now Member, University Student Committee, SMU, November 2003 - Now Member, University Senate, SMU, 2003 Member, SAFRA Finance Committee, 2001 - Now Member, Department of Accountancy and Business, Ngee Ann Polytechnic, 2000 - 2003 Member, Management Committee, Singapore Chinese Girls' School, 1988 - 2002 Page 9 of 11 KOH Cher Chiew Francis 30 December 2014 . • Member, Management Committee, Singapore Chinese Chamber of Commerce Training Centre, 1988 - 1993 . . Editorial Duties . • . • . • Reviewer (Financial Analyst Journal, Contemporary Economic Policy, Singapore Economic Review), 2002 - Now Associate Editor, Securities Industry Review, 1993 - 1995 Reviewer (Pacific Basin Journal of Finance, Asia-Pacific Journal of Management, Financial Management), 1979 - 1994 . . Consultancy . • . • . • . • . • . • . • . • . • . • . • . . Consultant, OCBC Bank (Consumer Banking; Priority Banking), 2004 - 2006 Consultant, Citibank (Consumer Banking), 1993 Consultant, Citibank (Institutional Banking), 1993 Consultant, Malayan Banking Berhad (Singapore), 1992 - 1993 Consultant, Citibank (Trade Financing), 1990 - 1991 Consultant, Citibank (Credit Administration), 1989 - 1990 Consultant, Citibank Singapore (Corporate Banking), 1988 - 1989 Consultant, Ventech Corporation, 1985 - 1986 Consultant, Cement Industry Association of Singapore, 1985 - 1986 Director, NUS Multi-purpose Co-operative Society Deputy Chairman, Board of Directors, 1984 - 1987 Consultant, Applied Research Corporation, 1979 - 1980 Public Services . • . • Member, WDA Manpower Skills & Training Council (MSTC), 2006 - Now National Serviceman (Highest Rank: Major) Commanding Officer, 151 Singapore Infantry Regimen Brigade Staff Officer, 30 Singapore Infantry Brigade, 1971 - 2001 . . Other Services . • . . External Academic Advisor, MSc in Banking, City University of Hong Kong Board Memberships . • . Member, School Board, Singapore Chinese Girls' School, 2010 - Now Page 10 of 11 KOH Cher Chiew Francis 30 December 2014 . • . • . • . • . • . • . . Member, Academic Studies Advisory Board, Singapore Human Resources Institute, 2002 - 2005 Board Member, Association of Financial Engineers Singapore, 2000 - 2001 Chairman, Ministry of Defence Registrant Advisory Board , 1997 - Now Board Member, Dalian Container Terminals, 1995 - 1997 Deputy Chairman, Board of Directors, NUS Multi-purpose Co-operative Society, 1985 - 1987 Member, School Advisory Board, Yusof Ishak Secondary School, 1979 - 1996 Memberships in Professional Organizations . • . • . Second Honorary Secretary, Asia-Pacific Finance Association, 1993 - 1995 Honorary Secretary, Business Administration Society (Alumni), 1986 - 1988 Page 11 of 11