Derek Yung, Cfa MBA Ca
About Derek Yung, Cfa MBA Ca
Derek Yung is the Chief Operating Officer of Investments & Treasury at QBE Insurance Group, where he oversees the management of USD $30 billion in funds across 100 global insurance portfolios. He holds a CFA Charter and an MBA, and has extensive experience in finance and investment management.
Work at QBE Insurance Group
Derek Yung serves as the Chief Operating Officer of Investments & Treasury at QBE Insurance Group. He has held this position since 2012, contributing to the organization for over 12 years. In this role, he plays a crucial part in the effective management of the company's balance sheet, focusing on key areas such as capital, liquidity, ratings, debt capital, and foreign exchange risk. Yung oversees the management of approximately USD $30 billion in funds across 100 global insurance portfolios, ensuring the strategic allocation of assets.
Education and Expertise
Derek Yung has a strong educational background in finance and accounting. He earned a Bachelor of Economics with a focus on Accounting and Finance from the University of New South Wales (UNSW) from 1997 to 2002. He further advanced his education by obtaining an MBA Executive from AGSM at UNSW Business School between 2007 and 2010. Yung is also a Chartered Accountant, having studied at the Institute of Chartered Accountants Australia from 2004 to 2005, and he achieved the CFA Charterholder designation from the CFA Institute from 2011 to 2014.
Background
Before joining QBE Insurance Group, Derek Yung worked at First Sentier Investors as Operations Manager for Infrastructure Investments. He held this position from 2006 to 2012 in Sydney, Australia, where he gained valuable experience in investment operations. His background in both accounting and finance has equipped him with the skills necessary for his current role in managing diverse asset classes.
Achievements
In his current role at QBE Insurance Group, Derek Yung is responsible for managing a wide range of asset classes, including fixed income, equities, unlisted property, infrastructure, private equity, emerging markets, alternatives, and impact investments. His leadership in overseeing substantial funds under management demonstrates his expertise in investment strategy and risk management.