BoardMembers

  • Chairman of the Board
    CTBC Bank

  • Morris Li is Chairman of the Board, CTBC Bank. Prior to joining CTBC, from 2010-2016 Mr. Li served as President and Executive Director of China Guangfa Bank (CGB), one of the largest national commercial banks in China and a key global strategic partner of Citigroup.

    Throughout his six year tenure at CGB, Mr. Li led the bank, transforming it from a regional bank to the leading commercial bank in Greater China, with over 700 branch networks spread out across 20 Chinese provinces, 50 million retail customers and more than 40 million credit card users. Under Mr. Li’s leadership, CGB established a strategic vision and worked to build “itself into the most efficient SME bank and the best retail bank” in the region.

    Previously, Mr. Li served as the Citi Country Officer of Citigroup Taiwan and as the Chairman of Citibank Taiwan Ltd., a new subsidiary established after Citi Taiwan acquired the Bank of Overseas Chinese in December 2007. The de-merger was successfully completed in August 2009. Led by Mr. Li, Citibank Taiwan was awarded the best foreign bank and most admired bank in Taiwan.

    In his 20 years with Citi, Mr. Li held various senior positions in both Taipei and Hong Kong, including Country Treasurer and Head of Sales & Trading for Taiwan and Head of Corporate Sales and Structuring for Greater China, Treasury Marketing Unit Head, FX Sales & Derivatives Head and Financial & Capital Markets Head. Before rejoining Citi in 2003, Mr. Li worked served for three years Senior Executive Vice President at CTBC (then Chinatrust), leading the capital markets and treasury businesses.

    Mr. Li holds a bachelor’s degree in economics from the National Taiwan University.

    Noor Menai

  • Board Member
    CTBC Bank

  • President & CEO
    CTBC Bank

  • Noor Menai is President & CEO of CTBC Bank, where he oversees its US operations including the bank’s Commercial and Industrial ,and Commercial Real Estate lending groups as well as 12 branches in California, New Jersey and New York. He also oversees North American operations for the parent bank, CTBC Bank, Taiwan. He was named President & CEO CTBC Bank in November of 2012.

    Previously, he served as Executive Vice President and North America Regional Head of CTBC where he has had responsibility for US and Canada Corporate and Commercial Real Estate, Trade, Cash, F/X, Asset Based Lending, Syndications and Participations & Advisory, business lines and trade finance for the China/North America trade corridor. He joined CTBC in January 2011 as the Head of Governance and Retail Banking for the US, Canada, Hong Kong, India, Indonesia, Japan, the Philippines, Singapore, Thailand, and Vietnam.

    Prior to CTBC, Mr. Menai spent three years in private equity and asset management, including as Founder and Managing Director of Fajr Capital, a sovereign wealth fund-backed investment fund.

    Previously, he served as President & CEO of Charles Schwab Bank, where he re-launched a deposit platform as the "World's Best Checking" as part of the strategy to source net new money from existing brokerage only customers.

    For Citigroup North America, he served in nine years in several senior roles including; Senior Vice President, Global Consumer Bank – US Credit Cards Division; Head of Consumer Portals, Head of Branch Profitability Programs, and most recently as Managing Director, Corporate & Investment Bank with responsibility for sales for emerging markets. In his last role, he had executive responsibility for 1,100 relationship bankers across 18 countries.

    Prior to Citigroup, he was a Director of Direct Financial Services at Bank of America. He began his career at JPMorgan Chase where he was part of the Retail Banking Operations and Technology team during the integration period for mergers between Manufacturers Hanover, Chemical Bank and Chase Bank.

    Mr. Menai holds an MBA in finance, computers and information systems and a bachelor’s degree in economics, computers and information systems from the University of Rochester.

    Jack Cheng

  • Board Member
    CTBC Bank

  • Managing Director, Risk Management Group & Corporate Risk Management Group
    CTBC Bank Taiwan

  • Jack T.K. Cheng is Managing Director of the Risk Management Group and Corporate Credit Risk Management Group at CTBC Bank, Taiwan. He has over 30 years of experience in commercial banking, and has held multiple positions across CTBC Bank, Taiwan since joining in 1976.

    Prior to his current role, Mr. Cheng was Deputy Managing Director of the Commercial Banking Group. Previously, he was Managing Director of the Commercial Banking Product Division, and overall Deputy Managing Director at the Corporate Banking Group at CTBC.

    He began his assignment at CTBC as Managing Director of Credit Risk Management Division at CTBC in 2003.

    Mr. Cheng received a B.A. in Business Administration from National Taiwan University.

    Joseph Tseng

  • Board Member
    CTBC Bank

  • Managing Partner, Tseng, Hsu, Lan & Lin LLP

  • Joseph H. Tseng is Managing Partner of Tseng, Hsu, Lan & Lin LLP. He served as a Board Member of CTBC Bank since 2009 and Chair of the Audit & Compliance Committee since 2011.

    Mr. Tseng has over 30 years of public and private industry experience in auditing, accounting, tax and consulting, specializing in forensic accounting, litigation support and expert witness work. He has worked on over 130 civil and criminal cases during his career. He has also been appointed by the Los Angeles Superior Court in several cases in the capacity of special master and referee, court’s accounting consultant, and receiver.

    Mr. Tseng also provides value-based assurance services for many small to large companies and consulting services to many U.S. subsidiaries of foreign publicly traded companies on international trade and finance, banking and finance, mergers and acquisitions, and due diligence. He has served as board director and part-time CFO for a number of high tech and internet start-ups involving fund raising, valuation analysis, computerized accounting and internal control system set-up, financial forecast and budgeting, and tax consulting related to start-ups and high tech companies.

    From 2001 to 2004, Mr. Tseng was appointed by California Governor Gray Davis to serve as one of the ten board members of the California State Board of Accountancy, which oversees and regulates over 70,000 CPAs in the State of California. He also served as Treasurer and Secretary of the Board of Accountancy from year 2002 to 2003. Currently Mr. Tseng is a member of the Panel of Expert Witnesses of the Los Angeles Superior Court.

    Mr. Tseng has held several professional affiliations throughout his career, with current ones including Member of American Institute of CPAs, California Society of CPAs, California Receivers Forum, and Southern California Chinese Lawyers Association. He is also an Associate Member of the Association of Certified Fraud Examiners, Los Angeles County Bar Association and National Association of Chinese American Bankers, Founding President of the Los Angeles Chinese-American Sheriff’s Advisory, former Advisory Board Member of the Asia Society and former Board Director of Asia Program Advisory Board of California State University, Fullerton.

    In addition, he has served as a guest lecturer on accounting and tax matters at the University of California, Los Angeles and California State University (Los Angeles and Fullerton), and has published articles and presented seminars on various accounting, fraud, and tax matters throughout his career.

    Mr. Tseng is a CPA and Certified Fraud Examiner from the State of California. He received an MBA in accounting from Chaminade University of Honolulu and a Bachelor’s in accounting from the University of Hawaii.

    William Walbrecher

  • Board Member
    CTBC Bank

  • President and Chief Operating Officer
    Operation HOPE, Inc.

  • William (Bill) Walbrecher is President and Chief Operating Officer of Operation HOPE, a global social empowerment nonprofit whose mission is to expand economic opportunity in under-resourced communities through financial literacy education. He is also an accomplished Fortune 500 bank CEO, having led the helm of three companies in the banking and securities investment industry, and a professional consultant to financial institutions.

    As a Strategic Consultant working with CEOs, senior management teams and boards of directors, Mr. Walbrecher has successfully implemented full scale operational and financial turnarounds in the banking, financial services and the global asset management industries.

    Prior to joining Operation HOPE in 2006, Mr. Walbrecher served as Chairman and CEO of Intellect Holding Corporation, a consulting firm specializing in asset/liability management, strategic business programs, marketing, quality programs and process improvements.

    He served as the Chairman and CEO of Golden State Bank where he significantly increased mortgage loan sales volume and streamlined bank operations through process improvements.

    Mr. Walbrecher served as a member of the Board of Directors of First Professional Bank where he was Chairman of the Asset/Liability and Loan Committees, and a member of the Audit, Compensation, Executive, and the Corporate Governance Committees.

    As the President and CEO of Fidelity Federal Bank with $6.8 billion in assets, he increased the bank’s market cap by over 33 percent his first two years at the helm and raised $70 million in subordinated debt, ranking Fidelity among the top 25 banking companies in the country.

    At First Nationwide Bank with $35 billion in assets and 454 branches in 15 states, he led the Retail Banking Group, and served as the Chairman of FN Investments and the FN Credit Card Services subsidiary. Mr. Walbrecher was featured in Forbes as a “man on the move” and named the “Red Adair” of the banking industry.

    He was appointed to serve as a White House Presidential Executive, the first bank industry executive nominated to the highest honor bestowed by The White House on outstanding individuals from the private sector.

    He serves as an Advisory Board Member of the World Economic Forum. In June 2009, Mr. Walbrecher was the recipient of the first Chairman’s HOPE Award for his standout performance and outstanding leadership, presented at the Global Financial Literacy Summit in Washington, D.C.

    Mr. Walbrecher holds a BS with a major in Business Administration with Distinction.

    Peter Liu

  • Board Member
    CTBC Bank

  • Head of International Country Management Office
    CTBC Bank Co., Ltd.

  • Chairman
    CTBC Bank (Canada) Corp.

  • Peter Liu (also known as Liu Chin-Chung) is a veteran in the banking industry. He joined CTBC Bank in 2003 as Managing Director, International Business Division (IBD) providing strategic guidance and support to the overseas units, including the United States, Canada, Japan, Indonesia and the Philippines.

    During his time at IBD, Mr. Liu has leveraged his past experience in commercial banking areas to assist the growth of CTBC’s overseas and cross-border business.

    In 2006, Mr. Liu was assigned to run CTBC’s business in Indonesia. After his successful tenure in Indonesia, in 2011 he returned to CTBC’s headquarters in Taipei, designated again to oversee management of the company’s overseas business.

    In addition, Mr. Liu, representing the bank, frequently participates in the meetings of APEC and Asian Development Bank and other activities with multilateral or bilateral chamber and commerce institutions related to corporate social responsibility. His experiences in several cultures, collaboration with foreign colleagues and work with regulators have been important in his success.

    Earlier in his career, he served in foreign bank branch senior management roles with Le Credit Lyonnais, Chase Manhattan and Deutsche Bank.

    He holds an Executive MBA from National Taiwan University of Science & Technology and a bachelor’s degree in Business Administration, National Taiwan University.

    Mick Grasmick

  • Board Member
    CTBC Bank


  • Mick Grasmick is a banking attorney with four decades of experience working on high-profile cases in financial services regulation.

    Throughout his career, Mr. Grasmick focused on bank supervision, examination and enforcement, mergers and acquisitions, private equity bank investments, bank formation and expansion, bank holding companies, advisory and transaction engagements as well as general banking corporate matters and regulatory and legislative developments. His articles frequently appeared in trade publications including Law360, Bloomberg BNA, the ABA Journal and the American Banker.

    Mr. Grasmick was a Partner at Manatt, Phelps & Phillips from 1999 to 2016 and previously at Lillick, Mcose & Charles/Pillsbury from 1976 to 1999, working with boards of directors, sellers, acquirers, executive management, parent company owners of banks in California and foreign banks and foreign investors.

    Mr. Grasmick has been a frequent speaker on bank powers and examination and enforcement actions, bank mergers and acquisitions, applications and change in control notices as well as other legislative developments at banking association and banking agency events, including the California Bankers Association, the International Bankers Association in California, and the Federal Reserve Application Office.

    Mr. Grasmick was recognized from 2004 to 2016 in the “Best Lawyers in America,” an annual list of leading attorneys based on a rigorous national peer-review study. Mr. Grasmick holds a bachelor’s degree in business administration from the University of Nebraska and a law degree from the University of Michigan.


    Lisa Marie Colacurcio

  • Board Member
    CTBC Bank

  • Lisa Marie Colacurcio is a Managing Director at Gemdale USA Corporation. With over 25 years of experience in international investments, Ms. Colacurcio has a proven track record in successful real estate and impact investing across the United States, Asia, Europe and Latin America.

    Ms. Colacurcio has established and managed multiple real estate funds and joint ventures globally. Ms. Colacurcio has also served as an Advisor to international investors in both the real estate and impact sectors through her investment company, Lumiere Capital LLC. Prior to Gemdale USA, was a Managing Director at Paladin Realty Partners, where she advised on strategic initiatives related to low and middle-income housing investments in Latin America.

    Previously, Ms. Colacurcio was Managing Director, Head of Asia, for UBS Wealth Management Real Estate, while also serving on the firm’s Global Investment Committee and Japan Bank Risk Control Committee.

    Prior to UBS, Ms. Colacurcio held multiple roles in Real Estate and Debt Acquisitions at financial institutions in the US, Europe and Asia, including Donaldson, Lufkin Jenrette, Banque Paribas and Wardley Direct Investment Management.

    Ms. Colacurcio has served as a board member for the Committee for Human Rights in North Korea, based in Washington, D.C for over 10 years.

    Ms. Colacurcio holds a BA and MA from Cornell University, and an MBA from The Wharton School at the University of Pennsylvania. Ms. Colacurcio is proficient in French and Mandarin.