New York Global Group Names Benjamin Wey President

Tuesday July 25 12:00 PM

New York Global Group (NYGG), a full-service global investment banking and strategic consulting firm with expertise in bridging the cultural and regulatory gaps between the U.S. and Chinese markets, announced today that Benjamin Wey, an investment management executive with over 10 years of experience in doing business with China, has been appointed President of the firm. Mr. Wey was previously a Managing Director with the firm.

"Our people have been in China working with mid-market firms for the past several years and I believe we've helped shape the industry as it is today," said Amit Tandon, Chief Executive Officer of NYGG. "We look forward to continuing to expand our successful China focused practice under Mr. Wey's leadership and continue to capitalize on the tremendous opportunities present in the China market."

"I am very proud to be part of the firm that has led the way in reforming the relationship between the U.S. and Chinese capital markets," said Benjamin Wey. "I look forward to building on our achievements and look forward to solidifying our leadership position within the global investment community."

An expert on China, Mr. Benjamin Wey possesses extensive management experience and unrivaled expertise as an authority on China and its business community. He is regularly invited as a guest speaker at conferences related to China and international capital markets. As early as 1994, he advised Eaton Corporation, a Fortune 500 company, on the firm's first successful joint venture with a Chinese state-owned company which has since become the market leader in China's hydraulic motor industry.

Mr. Wey has acted as an advisor to a diverse range of public and private institutions worldwide including the Bank of China and the People's Bank of China and was recently named Senior Economic Advisor to the City of Tianjin, China, one of China's leading industrial cities with a population of over 12 million people. He is the Executive Director of the Foreign Investment Committee of the Investment Association of China and the Deputy Director of China Mergers & Acquisitions Association. He is also a Visiting Professor teaching global finance at two universities in China.

About New York Global Group

New York Global Group (NYGG) is a full-service global investment banking and strategic consulting firm with almost a decade of experience and expertise in bridging the cultural and regulatory gaps between the U.S. and Chinese markets. NYGG provides investment banking and institutional equity research services in the U.S. through its subsidiary New York Global Securities, Inc. (NYGS). In China, NYGG provides investment banking, research, due diligence and market entry related services through its Beijing subsidiary New York Global Capital Investment Consulting, Ltd. (NYGC China), which has one of the largest due diligence staff among all U.S. firms doing business in China. NYGG has strategic partnerships with the Central Bank of China and AIG China, among other major financial institutions in the region. For more information visit: www.nyggroup.com

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