Executive Deputy Chairman of the BoardMr. Ying Chew Cheong is Executive Deputy Chairman of the Board of Worldsec Ltd. Mr. Cheong holds a BS degree from Chelsea College, University of London and a MS degree from Imperial College, University of London. Mr. Cheong has over 35 years of experience in the securities industry. Mr. Cheong and The Mitsubishi Bank in Japan founded the Worldsec Group in 1991. In late 2002, Worldsec Group sold certain securities businesses to UOB Kay Hian and following that Mr. Cheong became the Chief Executive Officer of UOB Asia Ltd until early 2005. Prior to the formation of the Worldsec Group, Mr. Cheong was a director of James Capel Ltd for five years with overall responsibility for Far East Sales. His earlier professional experience includes 11 years with Vickers da Costa Limited in Hong Kong latterly as Managing Director. Mr. Cheong is an Independent NonExecutive Director of Cheung Kong Limited, Cheung Kong Infrastructure Holdings Limited, CNNC International Limited, Creative Energy Solutions Holdings Limited, Hutchison Telecommunications Hong Kong Holdings Limited, New World Department Store China Limited, SPG Land Limited and TOM Group Limited, all being listed companies in Hong Kong. Mr. Cheong is also an Independent Director of BTS Group Holdings Public Company Limited, being listed in Thailand. Mr. Cheong was previously an independent nonexecutive director of FPP Japan Fund Inc., a company listed in Ireland, and an independent nonexecutive director of Hong Kong Jewellery Holding Limited, a company listed in Hong Kong .