Clarence is a Senior Partner at Sino-Century China PE Partners ("Sino-Century"), one of the earliest domestic China private equity fund managers in China with AUM of US$500 million. He is also a member of the Board of Directors of East West Bancorp (“EWBC”), which is one of the 30 largest public banks in the U.S. and is ranked among the top 10 Best Banks in America by Forbes.com. Under his leadership, Sino-Century is collaborating with East West Bank on a joint program to provide up to $500 million in senior debt and $500 million in private equity financing, in aggregate, between 15 to 25 qualified Chinese strategic investors for effecting mid-market acquisitions in the U.S. Clarence has 35 years of financial advisory and management experience in the U.S., China and Eastern Europe. Since the mid-1980’s, he has been advising U.S., Chinese, and other global companies on crossborder investment, including mergers & acquisitions, joint ventures, and greenfield projects. As a recognized expert on U.S.-China cross-border investment, he is frequently invited to speak at seminars, webcasts and conferences, and has been quoted in the Business Week, Financial Times, Fortune, New York Times, Wall Street Journal, Washington Post and other publications. Prior to Sino-Century, Clarence held a number of national and international leadership roles in Deloitte from 1978 to 2012, including most recently as the National Managing Partner of the U.S. Chinese Services Group, Deputy CEO of Deloitte China, and a founding partner of Deloitte Czech Republic. In addition to being a trusted advisor to clients, Clarence is well recognized for his leadership in building two of Deloitte’s most important emerging market practices, Eastern Europe and China. In Prague during the early 90’s, he was instrumental in developing the financial advisory, audit, and consulting capabilities of the Czech practice and helped expand its headcount from about 30 people to 250 people in three years. Based in Beijing from 1995 to 2002, he grew Deloitte’s China operations from about 100 people to over 1,000, and expanded service capabilities to include management consulting and financial advisory services. Clarence is actively involved in community and professional organizations, serving currently as the chair-elect of the Committee of 100 and treasurer of the Museum of Chinese in America. He was the founding chair of the China Committee, U.S. Council for International Business, and the China Task Force, Business & Industry Advisory Committee to the OECD. From 2004 to 2006, he was a senior advisor to the China Association of Chief Financial Officers. Clarence was born and raised in Hong Kong and came to the U.S. for college in 1972. He graduated from the University of Texas at Austin with a B.A. degree in psychology and a master’s degree in professional accounting. He is fluent in Mandarin, Cantonese and English.