Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,291 employees in 76 countries, Deutsche Bank offers unparalleled  financial services throughout the world. The bank competes to be the leading  global provider of financial solutions for demanding clients creating exceptional value for its shareholder and people.

www.db.com

Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. Its international network comprises over 10,000 properties in 83 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa, serves over 125 million customers and has assets of US$2,150 billion as at 30 June 2007.

With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by around 200,000 shareholders in some 100 countries and territories. The shares are traded on the New York Stock Exchange in the form of American Depository Receipts.

HSBC provides a comprehensive range of financial services through four customer groups and global businesses: Personal Financial Services (including Consumer Finance); Commercial Banking; Global Banking and Markets; and Private Banking.

About Global Banking and Markets

HSBC Global Banking and Markets is an emerging markets-led and financing-focused business that provides tailored financial solutions to major government, corporate and institutional clients worldwide.

Global Banking and Markets has offices in more than 60 countries and territories. Managed as a global business, we offer clients geographic reach and deep local knowledge.

Our clients are served by teams that bring together relationship managers and product specialists to develop financial solutions that meet individual client needs. To ensure that we build a comprehensive understanding of each client's financial requirements, we take a long-term relationship management approach.

Client-focused business lines deliver a full range of banking capabilities:

• Investment banking and financing solutions for corporate and institutional clients, including corporate banking, investment banking, trade services, payments and cash management, and leveraged acquisition finance
• One of the largest markets businesses of its kind, with 24-hour coverage and knowledge of local markets and providing services in credit and rates, foreign exchange, money markets and securities services
• Global asset management solutions for institutions, financial intermediaries and private investors worldwide
• A broad range of research services including macro, sector and company coverage complemented by trading ideas and strategies
• Principal Investments, consolidating HSBC's principal investing activities, including private equity, real estate and hedge funds

Lehman Brothers, an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide. Founded in 1850, Lehman Brothers maintains leadership positions in equity and fixed income sales, trading and research, investment banking, private investment management, asset management and private equity. The Firm is headquartered in New York, with regional headquarters in London and Tokyo, and operates in a network of offices around the world. For further information about Lehman Brothers’ services, products and recruitment opportunities, visit the Firm’s Web site at www.lehman.com. Lehman Brothers Inc. is a member of SIPC.

Wachovia Securities Corporate and Investment Bank provides a full range of investment banking and capital markets products and services, as well as payment, transactional, and correspondent banking services. The firm's Structured Products group, part of the Fixed Income Division, provides comprehensive global capabilities in CDO and structured finance for issuance and investment clients. The firm specializes in Real Estate CDOs through its Commercial Real Estate Securitization Trust (CREST) program, Middle Market CLOs, Asset-Backed CDOs, Investment Grade cash and synthetic CDOs and Leverage Loan CLOs via its APEX structure.

Calyon is Crédit Agricole's Corporate and Investment Banking entity. Backed by Crédit Agricole S.A.'s credit ratings and financial solidity, Calyon is positioned as a major player in financial markets and among Europe's leading corporate and investment banks by revenues.

With a staff of 13,000 employees in 58 countries, Calyon is active in a broad range of capital markets, investment banking and financing activities.

Its activities are grouped into two major divisions:

1. Capital Markets and Investment Banking division

Its activities are grouped into two major divisions: Capital Markets and Investment Banking division and the Financing division.

Capital Markets covers all aspects of the trading and sale of both standard and structured capital markets products. Its client coverage staff operates out of 30 trading rooms and is organised into two business lines and one support function:

• Fixed Income Markets is comprised of 6 product lines:
    • Interest rate derivatives
    • Foreign exchange
    • Commodities
    • Debt & Credit markets (origination, bond syndicate, securitisation, flow credit, trading and sales)
    • Structured Credit markets
    • Treasury
• Global Equity Derivatives
• Capital Markets Supports
• The brokerage business is carried out through three subsidiaries - Chevreux in Europe, CLSA in Asia for equity markets, and Calyon Financial for futures and options markets.
• The Investment Banking division comprises advisory services to corporate clients and the Equity Capital Markets (ECM) unit, which is responsible for equity transactions and the structuring of equity derivative products.

2. The Financing division covers structured finance, syndication and acquisition finance.

• Structured Finance and the credit and high value-added advisory services business lines cover the following areas at the international level: trade, energy, aerospace, shipping, tax leases, project finance and real estate.
• The Syndication business covers the general financing needs of companies (capital investments, refinancing, lines of credit) and acquisition financing in the specialized areas of Project Finance, Structured Finance, LBOs, Real Estate Financing, etc.

Fitch Ratings is a global rating agency dedicated to providing the world’s credit markets with independent and prospective credit opinions, research, and data. With 49 offices worldwide, Fitch Ratings’ global expertise, built on a foundation of local market experience, spans across capital markets in over 150 countries. Fitch Ratings is widely recognized by investors, issuers, and bankers for its credible, transparent, and timely coverage.

Fitch Ratings is headquartered in New York and London and is part of the Fitch Group. In addition to Fitch Ratings, the Fitch Group also includes Fitch Solutions, a provider of data, analytics and related services including Fitch Training, which offers high-quality analytical training for financial professionals. The Fitch Group also includes Algorithmics, a world leading provider of enterprise risk management solutions.

The Fitch Group is a majority-owned subsidiary of Fimalac, S.A., headquartered in Paris, France. For additional information, please visit www.fitchratings.com; www.algorithmics.com; www.fitchtraining.com; and www.fimalac.com.

Assured Guaranty Corp. (Assured) is a leading provider of financial guaranty and credit enhancement products to the global asset- and mortgage-backed securities, infrastructure, public finance and structured finance markets. Assured is one of only two financial guaranty companies with triple-A (stable) ratings from Standard & Poor’s, Moody’s and Fitch. Assured began operations in 1988 in New York and during 2007 opened an office in Sydney, Australia that covers the Asian/Pacific marketplace. Assured’s subsidiary, Assured Guaranty (UK) Ltd., which is based in London, is also rated triple-A (stable) by all three agencies.

BNP Paribas is a European leader in global banking and financial services and is one of the 4 strongest banks in the world according to Standard & Poor’s. The group is present in over 85 countries, with 161,000 employees. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank’s two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

BNP Paribas’ Fixed Income business offers a broad range of products and advisory services in the global interest rate, commodity, credit and currency markets. Our global Fixed Income business comprises more than 1,700 staff working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by additional regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.

BNP Paribas has one of the largest trading, structuring and distribution platforms in the Asia-Pacific region with on-the-ground presence in the key Asian centres including Bangkok, Beijing, Ho Chi Minh City, Hong Kong, Manila, Mumbai, Seoul, Shanghai, Singapore, Sydney and Taipei. We have a strong track record of having the ability to arrange, lead manage and distribute Asian and global transactions for our clients.

Recognised for its leadership and innovation in Credit Derivatives, BNP Paribas has garnered some of the most prestigious industry awards including Credit Derivatives House of the Year (AsiaRisk), Best Credit Derivatives Provider in Asia (Global Finance) and Structured Products House of the Year (Euromoney) in 2007.

(www.bnpparibas.com)

THE ROYAL BANK OF SCOTLAND
GLOBAL FIXED INCOME – A FRESH APPROACH

Over the last five years The Royal Bank of Scotland Group (RBS) has won recognition and respect as one of the largest and fastest growing banking groups in the world and one of the most compelling banking stories of the decade. In December 2007, RBS was named 'Global Bank of the Year' by The Banker magazine.

Our bank senior and long-term debt ratings from S&P and Moody’s are AA and Aaa, ranking us among the most creditworthy financial institutions in the world.

Our size and credit quality by themselves make us a key player in the world’s financial and fixed income markets and a key relationship for the leading corporates and institutions that use them.

We are a major player in every market in which we chose to compete.

• Asia – a force in the global markets. RBS is rapidly expanding its presence in Asia. We are developing partnership relations key Asian institutions, expanding our branch network across the region, and rapidly building out our yen fixed income business in Japan.
• Derivatives and Structured Products – innovation at work.  World class capability across interest rate derivatives, inflation products, credit derivatives and structured credit products.  Underwriting – building a global footprint.  RBS is a leading global bookrunner of syndicated loans and is a leader in a number of segments – financial institutions, corporates, public sector, mortgages, asset-backed, European high yield and cross-border private placements. 
• Securitisation – global market leadership.  With a team of over 200 professionals worldwide, our securitisation activities extend to every significant securitisation market in North America, Europe and Asia and every significant asset class
• Fixed Income eCommerce – driving new distribution channels.  In the fixed income space we have teamed up with the most important multibank platforms to provide a comprehensive offering – Bloomberg Electronic Trading, TradeWeb, MarketAxess, BondVision.

Size isn’t everything. To be as successful as RBS has been, you need to be smart. That means managing complex risks and delivering innovative solutions to our clients.

That’s important because we know that our business depends on our clients. We pride ourselves on the strength of our relationships and the mutual trust and confidence we are consistently able to build with our clients.

But don’t just take our word for it. To learn more about RBS and what we are doing in Japan, visit the RBS exhibition stand, speak to any RBS representative at the conference, or visit www.rbsmarkets.com. 

RBS – making it happen in the global fixed income markets.

The Global Structured Credit Products ("GSCP") business at Citigroup Global Markets encompasses all of the structured corporate credit products, including arbitrage CDOs and structured credit derivatives. The GSCP platform is a fully integrated business complete with dedicated secondary trading, syndicate trading, structuring/origination, research and specialist sales.

In recognition for its achievements in CDOs and structured credit products, Citigroup Global Markets has won multiple awards globally, including most recently (A) the International Financing Review ("IFR") U.S. CDO House of the Year for 2004 and ( B) Number 1 Rankings in all major categories in the AsiaMoney Structured Credit Products Poll 2005(Best Product Range, Best at Structuring Products that Accurately Reflect Your Risk Reward Expectations, Best Market Coverage and Research, Best Training and Educational Support for Structured Products).

Eaton Vance Management (EVM) is a Boston-based registered investment advisor and one of the oldest financial services firms in the United States.  With a history dating back to 1924, Eaton Vance Management continues to build on its legacy of investment performance, distribution strength and product innovation, offering an uncompromising commitment to integrity and quality.  EVM provides a full range of investment services to institutional and individual investors, including value equity, growth equity, liability-based solutions, tax-exempt fixed income, investment grade fixed income, high yield fixed income and bank loan management.

Eaton Vance Management has been a pioneer in the bank loan asset class since 1989.  It is one of the largest and most experienced buyers of syndicated bank loans and currently manages approximately $20 billion in bank loan assets as of 12/31/07.  EVM has always been the low volatility manager in the bank loan asset class and offers unleveraged and efficiently leveraged portfolios targeted to meet investor objectives across the efficient frontier. 

With offices in both Boston and London, Eaton Vance Management’s bank loan team is dedicated solely to the bank loan asset class.  Senior portfolio managers have an average of 12 years of experience in the asset class at Eaton Vance, and the team is committed to a philosophy of diversification and intense credit monitoring.  EVM is an expert in managing bank loan assets and seeks to deliver strong long term performance with low volatility over a full credit cycle.    Products and services offered by EVM are only available to residents of countries where offers of such products are permitted by law.  This information does not constitute an offer to anyone in any jurisdiction to invest in Eaton Vance funds.

Lion Capital Management Ltd, one of the largest asset management companies in Southeast Asia, is a member of the OCBC Group which is one of the leading financial services providers in Asia. We have assets under management of more than $34 billion and a staff strength of about 140 as at 31 December 2007.

We offer a wide range of investment management services for segregated portfolio in all asset classes such as discretionary mandates and customized investments to meet our clients’ specific needs. We also manage more than 40 unit trusts (mutual funds) and have the widest range of Asia single-country funds. Besides managing insurance funds as well as insurance investmentlinked products, we are also an Asian leader in Collateralised Debt Obligations (CDOs) and Structured Credit deals.

Lion Capital Management Ltd has expertise in managing a stable of CDOs, including cash-flow and synthetic deals with asset classes ranging from global investment grade to Asian and emerging market sovereign credits. As at 31 December 2007, Lion Capital Management Ltd has about S$6.2 billion in CDOs on a funded basis. The CDO and Structured Product Team is led by
Mr Kon Chee Keat, who has more than 18 years of investment experience. He initiated the first emerging market sovereign cashflow deal in Singapore in 1998.

Principal Global Investors is a diversified asset management organization and a member of the Principal Financial Group®, with expertise in equities, fixed incomeand real estate investments, as well as specialized overlay and advisory services. We manage $248.3 billion in assets primarily for retirement plans and other institutional clients.
We focus on delivering consistently competitive investment performance and superior service on behalf of our clients. Our capable team of 1,422 employees—including 540 investment professionals—works within a collaborative environment from offices around the world. Our global reach provides an information advantage in researching and managing investment portfolios. At the same time, we serve clients on a personalized basis and tailor our capabilities to specific client objectives and investment goals.
Success in asset management depends on helping our clients succeed. To achieve this mission, Principal Global Investors provides focused investment solutions across a broad range of asset classes, investment styles and portfolio structures. We uphold the highest standards of excellence in investment research, risk management, ethics, fiduciary responsibility and client service. With our clarity of purpose and the skills and motivation of our people worldwide, we have the resources to add value for our clients on a consistent basis.

HypoVereinsbank (HVB) – a Member of UniCredit Group HVB is the second largest private bank in Germany with 5% market share, over 26,000 employees, 680 branches and over 4 million customers. It is a member of UniCredit Group which holds the leading position in the economic hub of Italy, Germany, Austria and Central and Eastern Europe with over 140,000 employees, 7,000 branches and over 28 million customers.

For more details, please visit www.hvb.com

Natixis Asset Management is the European center of the asset management arm of Natixis which ranks as 14th world largest asset manager1 and 8th European largest manager2 with over US$890 billion AUM as of 30/09/2007. The asset management activities of Natixis are organized around a holding company, Natixis Global Asset Management that comprises about 20 specialized investment management companies located in France, the US and Asia, as well as a global distribution platform named Natixis Global Associates. In the US, the main affiliated investment management companies are Loomis Sayles, Harris Associates and Harris Alternatives, specializing among other things in the management of American equity, global fixed income and alternative strategies. In Asia the group has amanagement company specializing in Asian Equities: Absolute Asia Asset Management.

The Association of Corporate Treasurers (Singapore), or ACT(S) is a non-profit organization of individual memberships drawn from corporate treasuries and finance professionals involved in corporate treasury work. Members are typically in corporate organisations on the buy-side of the marketplace.

Established in 1991 as The Treasurers' Club, the association has grown in numbers and spread. As Singapore has increasingly become a treasury hub, memberships now include treasury centre managers, regional corporate treasurers and other professionals whose treasury activities cover a wide geographical spread.

In recent years, ACT(S) began its branding to better engage other players in the industry and to collaborate with similar international organizations. ACT(S) has been actively establishing relationships with various institutions including educational, government and regulatory bodies.

The success of ACT(S) is attributed to members' support in promoting the profession. ACT(S) has an elected Executive Committee to manage its operation and to embark on initiatives in furthering its aims.

To join or simply to get to know us, please contact the Secretariat at the following:

Tel (+65) 9843 4597
Email admin@act.org.sg
Website www.act.org.sg

With the mission of “Networking, Knowledge, Advocacy, and Ethical Leadership”, KCFO holds Korea Annual CFO Summit and monthly CFO Round Table seminar to address key issues and timely appropriate topics facing CFO profession. To highlight the importance of the role and responsibility of CFO, we organize ‘CFO Award Judging Committee' which screens CFOs from all listed companies and announce the best 3 CFOs and top 100 finance innovation firms in public through the press and award ‘The Best CFO Prize', and we publish quarterly journal “CFO” since April 2003 and non-periodical finance research papers.

KCFO has incubated XBRL(eXtensible Business Report Language) Korea as the facilitator and developed XBRL taxonomy according to Korean GAAP and international standard specification in 2004. XBRL is the international technology standard for electronic public disclosure system.

Contacts ( www.cfokorea.org )
Robin (Woo-Don) LIM
Executive Managing Director,
Korea Association for CFOs (KCFO)
Tel: 82-2-755-8670~1
Fax: 82-2-755-8672
Email: wdlim@cfokorea.org
7F Borim Bldg., Myung-dong-1-ka 5-1,
Jung-ku, Seoul , 100-021, KOREA