Bank Risk Manager of the Year: Edwin Yuen, BOCHK

Bank Risk Manager of the Year: Edwin Yuen, BOCHK

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Edwin Yuen, Bank of China (Hong Kong)

Bank of China (Hong Kong) on January 1, 2011 became the first Chinese bank to secure foundation internal ratings-based (IRB) accreditation for credit risk under the Basel II capital accord framework from the Hong Kong Monetary Authority (HKMA). The milestone was achieved largely due to the leadership of Edwin Yuen, chief analytics officer and head of the Basel implementation team. Officials familiar with the situation credit Yuen with resurrecting the project after a three-year effort stalled in