Moderator

Ochirkhuyag Bayraa serves as Project Manager at the Mongolia Asset Management Corporation (MAMCO), the state‑owned company responsible for resolving non‑performing loans (NPLs) and recovering distressed assets in Mongolia. He leads project planning and execution across MAMCO's operations, including NPL portfolio management, stakeholder coordination, and institutional capacity building.

In his role, he oversees the operational planning of MAMCO's participation in the IPAF network, including organizing international training seminars and coordinating with partners such as the Asian Development Bank (ADB). He also manages sponsorships, logistics, and cross‑institutional communication.

Before joining MAMCO, he worked at an NBFI in the Philippines as a Finance Director, where he was responsible for financial planning, budgeting, cash flow management, and cross‑border financial coordination. His role involved working with international partners and ensuring compliance with local and international financial standards.

Prior to that, he worked as a Project Manager at the Oyu Tolgoi mine site, overseeing an underground civil engineering project

Nidhi currently leads Regional Compliance and Risk Management and holding a Diploma in Regulatory Compliance from the International Compliance Association, Singapore. As an IBF Singapore-qualified professional, I bring strong expertise in integrating ABS and MAS regulatory requirements into standardized collection activities, policies, and procedures in Singapore and across Collectius Group.

With over 20 years of experience in recoveries across the US, Australia, the UK, and Singapore, specializing in outsourced collections for retail banks. Have a proven track record of delivering multidisciplinary projects, driving automation initiatives, and building as well as managing high-performing teams.

Myeong Kwon is a manager at Korea Asset Management Corporation (KAMCO), where she works on resolving unsecured distressed assets, coordinating public auction-related policies with relevant stakeholders, and implementing support programs for small and medium-sized enterprises (SMEs).

She has a background in political science and economics and completed a Master’s degree in quantitative applied economics.

Mrs. Suwathana Rusmeerojwong is a senior financial sector executive with over 20 years of experience in NPL management, debt restructuring, and legal execution. She has advanced system-level approaches to household debt challenges in Thailand, emphasizing sustainable and inclusive financial solutions.

She is currently Executive Vice President of the Clean Loan Group at Sukhumvit Asset Management Co., Ltd. (SAM), overseeing retail and unsecured loan resolution strategies, including Social AMC initiatives for vulnerable and low-income borrowers. Her work supports national efforts to strengthen household resilience, promote inclusion, and ensure financial stability.

Previously, she served as First Vice President of the Unsecured Loan Management Service Department, leading Thailand’s flagship Consumer Debt Relief Program (“Debt Clinic by SAM”), which has assisted over 350,000 accounts and restructured debt portfolios worth USD 700+ million (THB 27 billion).

Earlier, she held senior roles in corporate debt restructuring and legal execution, managing complex NPL portfolios, multi-party negotiations, asset liquidations, and tailored restructuring solutions.

Mrs. Suwathana holds an MSc in International Business from London South Bank University, UK, and a BBA in Finance and Banking from Assumption University, Thailand.

Moderator

Inha Shin is currently serving as a Regional Cooperation Specialist in the Economic Research and Development Impact Department of the Asian Development Bank, seconded from the Korea Asset Management Corporation (KAMCO). In her role, she leads the planning and implementation of activities for the IPAF, manages TA projects, and coordinates knowledge-sharing initiatives to strengthen regional financial cooperation.

Before joining ADB, Inha built extensive expertise at KAMCO over 8 years, specializing in distressed asset management and providing recovery support for financially vulnerable individuals and corporations. As a Manager in the Household Support Division, she was responsible for strategic planning and operational management. She also gained broad experience across KAMCO’s Maritime Investment & Finance Division and Delinquent Tax Management Division, notably contributing to the establishment and operation of USD 857 million in Shipping Funds as of 2022—an achievement that earned significant recognition within the organization.

Prior to her tenure at KAMCO, Inha gained international experience working at the Permanent Delegation of the Republic of Korea to the OECD in 2014 and at the UN Global Compact Network Korea in 2012. Inha earned her Bachelor's degree in Business Administration from Korea University and completed an exchange scholarship at Sciences Po Paris, France.

Then Kian Foh is a highly experienced regional executive with over 20 years of leadership across banking, fintech, debt servicing, and non-performing loan (NPL) markets in Southeast Asia. He has successfully established and scaled businesses, operations, and servicing platforms across seven countries, with deep expertise in NPL acquisitions, portfolio pricing, collections strategy, and operational transformation. As former Group CEO and current Group Chief Revenue Officer of Collectius, he has led major revenue growth, turnaround initiatives, and regional expansion while building strong relationships with leading banks, financial institutions, investors, and regulators across the region. Recognised for combining strategic vision with hands-on execution, he is regarded as a trusted expert in building high-performance credit management and distressed asset platforms across Southeast Asia.

Otgonbayar Uuye is Head of AI and Co-Founder of AND Global, a leading fintech company operating across Southeast Asia. He earned his Ph.D. in Mathematics from Pennsylvania State University and holds foundational degrees from the University of Tokyo.

He spearheaded the development of Mongolia's first AI/ML-based credit scoring system and actively fosters the next generation of AI talent through initiatives including the Deep Learning UB summer training program, which he has coordinated for over eight years.

Arman Karatayev is a finance professional with over 17 years of experience in distressed asset management, restructuring, and risk management. He currently serves as Department Director at the FPL, leading efforts in claims management, restructuring, and recovery of distressed assets.

Prior to this, he held senior roles in International asset recovery, including managing cross-border transactions with counterparties in Turkey, the UAE, Russia, and France.

His experience spans banking, SME financing, and risk, with a strong focus on restoring asset value and supporting sustainable business recovery

Moderator

Bilguun Badamsuren serves as an Advisor to MAMCO, Mongolia Asset Management Corporation focused on resolving non-performing loans (NPLs) and recovering distressed assets. In this capacity, he supports the company by providing strategic legal guidance on structuring asset acquisitions, negotiating debt restructuring agreements, and advising on industry specific NPL resolution strategies, drawing on his experience in Mongolia's mining sector.

He has a proven track record in complex commercial litigation and high value court trials, representing clients in banking, corporate, and mining sector debt recovery disputes. His prior professional experience includes legal advisory work in the construction industry, where he oversaw contract management and regulatory compliance, as well as practice at a private law firm, covering corporate law, dispute resolution, and cross border transactions.

Mr. Xu Haoran serves as a Valuation Specialist in the Consumer Finance Department of ZSAMC. His work focuses on the full-lifecycle valuation of personal non-performing loan portfolios, integrating big data analytics, machine learning, and quantitative pricing frameworks to support acquisition decisions, dynamic post-investment revaluation, and disposition strategy optimization. He has extensive hands-on experience across a wide range of portfolio pricing engagements, spanning diverse asset profiles, originator types, and market cycles.

Mr. Xu holds a Master of Engineering in Financial Engineering from Cornell University, United States.

Luca Blasi, PhD, FRM is a member of the Financial Instrument Board of the IVSC, the independent global standard setter for the valuation profession.
 
He is a recognized global expert in valuation and risk management of illiquid assets, and he brings over 30 years of experience across capital markets, financial advisory, and regulatory environments. 

Luca is an FRM charter holder and serves on the GARP FRM Advisory Committee, contributing to the advancement of global risk management standards.

Luca current role is with S&P Global Market Intelligence as global head of Private Markets and Regulatory solutions. 

Enkhbat Batsukh, a Founding Partner at KhanLex Partners LLP with over 27 years of experience in the Mongolian legal sector, leads the firm’s Banking & Finance, Energy/Infrastructure, and Legislative Policy practices.

He began his career in 1996 at the Ministry of Justice, where he was instrumental in drafting and negotiating foundational legislation, including the Civil Code, Minerals Code, Foreign Investment Code, and Bankruptcy Code of Mongolia.

Following his tenure in the public sector, he served as in-house counsel for Newcom Group, supporting flagship enterprises such as MobiCom and Eznis Airways. Since founding KhanLex Partners, he has advised on many of the country’s landmark transactions and spearheaded financing projects for major international financial institutions and multilateral banks. Under his leadership, KhanLex has emerged as a top-tier firm consistently ranked by Chambers, AsiaLaw, and Legal500.

Additionally, Mr. Enkhbat has served as an arbitrator on the Panel of the Shenzhen Court of International Arbitration since 2019.

Moderator

Peter Rosenkranz is a Senior Financial Sector Specialist at the Asian Development Bank (ADB), leading finance sector operations in Southeast and East Asia, including policy-based and financial intermediation lending, technical assistance, and knowledge solutions. Previously, he was an Economist in ADB’s Economic Research and Regional Cooperation Department, focusing on financial development and stability, including the macrofinancial implications of nonperforming loans and options for NPL resolution. Prior to ADB, he worked as an Advisor at Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and as a Market Infrastructure Expert at the European Central Bank. He holds a PhD from the University of Zurich and economics degrees from the University of Konstanz.

Then Kian Foh is a highly experienced regional executive with over 20 years of leadership across banking, fintech, debt servicing, and non-performing loan (NPL) markets in Southeast Asia. He has successfully established and scaled businesses, operations, and servicing platforms across seven countries, with deep expertise in NPL acquisitions, portfolio pricing, collections strategy, and operational transformation. As former Group CEO and current Group Chief Revenue Officer of Collectius, he has led major revenue growth, turnaround initiatives, and regional expansion while building strong relationships with leading banks, financial institutions, investors, and regulators across the region. Recognised for combining strategic vision with hands-on execution, he is regarded as a trusted expert in building high-performance credit management and distressed asset platforms across Southeast Asia.

Johannes Raschke, Chartered Financial Analyst based in Singapore, is the Senior Investment Officer at IFC and leads the Distressed Asset Recovery Program (DARP) in the East Asia & Pacific region. With 20 years of experience in Corporate Finance and Alternative Investments, including distressed assets, non-performing loans (NPL), and private equity/credit, he brings extensive expertise to his role.