H. Gifford fong, president

H. Gifford Fong is the President of Gifford Fong Associates, a firm with a focus on fixed income, derivative products, and asset allocation analysis. The company is engaged in independent valuation, model validation, and portfolio strategy analysis. Mr. Fong received a B.S., M.B.A., and a J.D. (law) from the University of California at Berkeley.

In his role as the editor of the Journal Of Investment Management (JOIM), Mr. Fong contributes significantly to financial research and discourse. He co-founded and edits the China JOIM and initiated the JOIM Conference Series. His professional involvement has included roles with the MIT Sloan School of Management's Corporation Visiting Committee and North American Executive Board, as well as being an advisory board member for MIT Sloan's Finance Faculty. He is also the founding sponsor and a steering committee member for the Masters in Financial Engineering Program at UC Berkeley, and a member of the Haas Hall of Fame and the Academic Advisory Board of the Consortium for Systemic Risk Analytics.

Mr. Fong has been active in both academia and industry. His advisory roles have spanned the MIT Golub Center for Finance and Policy, the UC Berkeley Foundation, and the University of California Regents Committee on Investments. He has held editorial positions at the Financial Analysts Journal and contributed to the Institute for Quantitative Research in Finance. Additionally, he has served as a vice-chair and member of the research committee for the CFA Institute's Research Foundation.

As an author, Mr. Fong has co-authored "Fixed-Income Portfolio Management" (Dow Jones-Irwin) and "Advanced Fixed Income Portfolio Management: The State of the Art" (Probus Publishing). He has also edited "The Credit Market Handbook: Advanced Modeling Issues" (Wiley Finance), along with books on hedge funds and risk management by World Scientific. His numerous publications in professional journals indicate his engagement and commitment to the field.

Mr. Fong has been recognized with awards such as the Institute for Quantitative Research in Finance Award and the Financial Analysts Journal Graham and Dodd Award of Excellence. He also dedicates time to serving on various non-profit and company boards.

 


steven fong, ceo

Steven Fong serves Chief Executive Officer at Gifford Fong Associates (GFA). Since joining GFA in 2017, his responsibilities include overall management and coordination of departments and resources. Prior to GFA, he has held senior level finance positions at Visa USA, Fisher Investments, and Goodwill Industries of San Francisco, focusing on budgeting, financial modeling, and strategic planning activities.

Mr. Fong holds a BS from the U.C. Berkeley Haas School of Business with an emphasis in Finance and an MBA from the Sloan School of Management at the Massachusetts Institute of Technology.


sanjiv das, senior research consultant

Sanjiv Das serves as Senior Research Consultant at Gifford Fong Associates, (GFA).

Sanjiv Das is the William and Janice Terry Professor of Finance at Santa Clara University's Leavey School of Business. He previously held faculty appointments as Associate Professor at Harvard Business School and UC Berkeley. He holds post-graduate degrees in Finance (M.Phil and Ph.D. from New York University), Computer Science (M.S. from UC Berkeley), an MBA from the Indian Institute of Management, Ahmedabad, B.Com in Accounting and Economics (University of Bombay, Sydenham College), and is also a qualified Cost and Works Accountant.

He is a senior editor of The Journal of Investment Management (JOIM), co-editor of The Journal of Derivatives, and Associate Editor of other academic journals. Prior to being an academic, he worked in the derivatives business in the Asia-Pacific region as a Vice-President at Citibank. He currently also serves as a Senior Fellow at the FDIC Center for Financial Research.


Jessie Zhang, Director of Valuation Services

Jessie Zhang is Director of Valuation Services at Gifford Fong Associates. Her responsibilities include serving as the technical lead of Valuation services, special client projects, and pricing of very complex structured products. Before joining GFA in 2004, she has been involved in design and implementation of a variety of enterprise software projects at TradeBeam, Carnegie Institution, Versata, Sybase and CA Technologies.

Jessie is a graduate of the Certified Financial Engineering Program at the Haas School of Business, University of California Berkeley. She holds MS degree in Computer Science from Pennsylvania State University, and BS degree in Electronic Engineering & Information Science from the University of Science and Technology of China.