Mr. Timothy M. Krause Financial Institutions Group Manager East Asia and Pacific Region International Finance Corporation (IFC)

Mr. Krause is the Financial Institutions Group Manager for the East Asia and Pacific Region at the International Finance Corporation (IFC). He is responsible for developing and executing IFC’s investment and technical assistance program to support financial market development in the region. IFC, the private-sector member of the World Bank Group, currently holds over $600 million of direct equity investments and loans to approximately 35 financial institutions in East Asia. IFC’s investments cover a broad range of financial sectors including commercial banking, life insurance, housing finance, leasing, asset management, and micro-finance. In 2003, IFC expects to invest over $250 million in East Asia’s financial sector. Mr. Krause has worked in Asia since 1995, and has managed new investments and financial restructurings in China, Korea, Thailand, Indonesia, the Philippines, Vietnam, Cambodia and Laos.

From 1992 to 1995, Mr. Krause pioneered IFC’s investment and technical assistance program in Russia’s financial sector. He began his career with IFC in 1989 as a Financial Officer in IFC’s Treasury Department.

Prior to joining IFC, Mr. Krause was an International Economist with the U.S. Treasury Department where he worked on international debt strategy, including the launch of the Brady Bonds. He is a Certified Public Accountant, and holds a B.B.A. from the University of Notre Dame, and an M.A. in International Economics from The Johns Hopkins University. He resides with his family in Hong Kong.