Leslie Rahl

Capital Market Risk Advisors, Inc. * President and Founder of Capital Market Risk Advisors, Inc., a financial advisory firm specializing in risk management, hedge funds and capital market strategy, from 1994 to present. * Citibank (Various positions--1972 to 1991, including nine years as Division Head, Derivatives Group--North America). * Other Directorships: Canadian Imperial Bank of Commerce (CIBC) (Member, Risk Management Committee); the International Association of Financial Engineers; the Fischer Black Memorial Foundation. * Other Activities: International Swaps Dealers Association (former director).