Mr. Tokuchi is Chairman of the Investment Banking Committee at CITIC Securities Co., Ltd. Joining CITIC Securities in 2002, Mr. Tokuchi has since participated in many large-cap Chinese state-owned enterprise restructurings and IPOs, including the IPOs of the 4 largest Chinese banks. Prior to CITIC Securities, Mr. Tokuchi spent more than 20 years at Daiwa Securities Group Inc., where he was responsible for the firm’s international investment banking business. At Daiwa Securities Mr. Tokuchi has held positions including General Manager, Investment Banking Davison & Chief Beijing Representative Daiwa Securities SMBC Co., Ltd., President/CEO Daiwa Securities Singapore Limited, Director and Executive Vice-President Daiwa Securities (Hong Kong) Inc. and Vice-President Daiwa Securities(America) Inc. Additionally, Mr. Tokuchi has served as Vice-Chairman of the Singapore Investment Banking Association. Mr. Tokuchi is currently a researcher and a board member of Center for Industrial Development and Environmental Governance of Tsinghua University. Mr. Tokuchi received his MA (China’s economy) from Stanford University, BA from Beijing University, and has edited two books, one on Chinese company IPOs overseas and another on Chinese domestic restructurings. In 2009, Mr. Tokuchi was awarded the China Friendship Award, China’s highest award for foreigners who have made outstanding contributions to China’s economic and social progress.