Judy Lee

Dragonfly cofounder Judy LEE is a strategy consultant, risk management expert, and capital markets professional with 20 years of experience. Lee, a risk management pioneer from the late 80s has worked in Bankers Trust New York and was a partner at Capital Market Risk Advisors and The Capital Markets Company. The Wharton School MBA also has a BS in Finance and International Business from the Stern School, New York University.

Lee co-founded Dragonfly LLC in 2000. The New York based firm provides strategy, risk management development and investment advice for boards, CEOs, CFOs, business and risk heads in US, Europe and Asia – covering all sectors, corporates, financials and governments. With Dragonfly, Lee builds upon her pioneering work at Bankers Trust, to apply risk-management know how beyond financial institutions into diverse industries. Lee has developed sophisticated quantitative approaches to strategy under uncertainty and deal/investment structuring.

Before Dragonfly, Lee was a partner at The Capital Markets Company (Capco), a global financial services solutions firm. She was responsible for building the risk management, shareholder value and strategy business worldwide as well as for client relationships. She led client projects and developed intellectual capital in risk management for insurance companies, asset managers and operational risk management, among other areas.

Prior to Capco, Lee was a partner at Capital Market Risk Advisors (CMRA), a capital markets strategy and risk management consulting firm in New York. She developed an entry and growth strategy for a global bank’s US investment banking businesses; for a top global pension fund she reviewed and improved risk management and performance measurement processes. Lee also led projects in pricing model validation, capital markets product evaluation and expert pricing for complex derivatives portfolios.

Before CMRA, Lee was a principal at Bankers Trust, New York and was part of the pioneering team that from the 80s developed and implemented RAROC (risk capital and risk-adjusted returns) methodology throughout the bank – the first in the market and now an industry standard. Lee also designed and ran Bankers Trust’s risk measurement and reporting processes. Lee was responsible for day-to-day risk evaluation of the bank’s portfolio, supporting active CEO decision-making across all trading centers including New York, London, Tokyo and Singapore. Lee also developed risk policies, limits, and quantification models for new businesses/markets like Latin America and other emerging markets.

At Bankers Trust, Lee developed and presented the firm’s responses to global regulatory risk and capital guidelines. Her contributions to several industry task forces improved and helped shape risk and capital standards and regulations globally.

Judy LEE co-authored with Lieng-Seng WEE the highly regarded book “RAROC and Risk Management and the articles “Companies Using Control Self Assessment Don’t Really Know Their Risk”, “Integrating Stress Testing with Risk Management”.

Companies

• Board Director & Entrepreneur-In-Residence Temasek Life Sciences Accelerator (2017)
• Executive Board NYU Stern School of Business (2012)
• Chief Executive Officer Dragonfly Capital (2009)
• Managing Director & Co-Founder Dragonfly LLC (2000)
• Adjunct Professor Columbia University in the City of New York (2018 — 2018)
• EVP & Board Director - Corporate Planning & Strategy Department of SOLAR FRONTIER Solar Frontier K.K. (2014 — 2016)
• Senior Advisor to Chairman & CEO of SHOWA SHELL SEKIYU Solar Frontier K.K. (2010 — 2016)
• Adjunct Professor Singapore Management University (2004 — 2015)
• Senior Fellow The Wharton School (2013 — 2014)

Education

• MBA Wharton Business School
• BSc NYU Stern School of Business
• Advanced Management Program Harvard Business School
• Women on Boards: Corporate Director Program Harvard Business School