About Us


Centre Director

Prof Jun-Koo Kang

Professor Jun-Koo Kang
Director, Insurance Risk and Finance Research Centre (IRFRC)
Head, Division of Banking and Finance
Canon Professorship of Finance
Distinguished Professor of Finance
Professor, College of Business (Nanyang Business School) - Division of Banking & Finance


Dr. Jun-Koo KANG is Canon Professor/Distinguished Professor of Finance at Nanyang Business School, Nanyang Technological University (NTU). He is head of the division of banking and finance and former founding executive director of the Insurance Risk and Finance Research Centre at NBS. Prior to joining NTU, Dr. Kang was the MSU Federal Credit Union Endowed Chair in Financial Institutions and Investments at Michigan State University.

His areas of research expertise include mergers and acquisitions, corporate governance, ESG, capital raising, capital structure, emerging financial markets, international finance, and banking. His research has been published in leading finance, economics, and other business journals, including Journal of Finance, Journal of Financial Economics, Review of Financial Studies, American Economic Review, Journal of Financial and Quantitative Analysis, Journal of Business, Accounting Review, Journal of International Business Studies, and Pacific-Basin Finance Journal. He currently serves as a co-editor of Pacific-Basin Finance Journal, an associate editor of Financial Management, Japan and the World Economy, Journal of Financial Perspectives, and Asia-Pacific Journal of Financial Studies, and an editorial review board member of Journal of International Business Studies.

He is also a senior fellow and a member of executive council of the Asia Bureau of Finance and Economics Research, a research fellow of the Asian Institute of Corporate Governance, and a member of World Economic Forum Expert Network. In a recent article by Chan, Chen, and Lee (2011), he was ranked number one in the Asia–Pacific region based on articles published in 21 leading finance journals during 1990-2008. He received the Nanyang Research Award in 2013, the highest accolade awarded by NTU in recognition for research excellence. Dr. Kang received his Ph.D. in finance from the Ohio State University, his master of science in finance from the Iowa State University, and his bachelor's degree in business administration from the Korea University.

In-House Researchers

Shinichi Kamiya, Division of Banking & Finance, Nanyang Business School
Jessica DANG
Research Assistant Professor
Insurance Risk and Finance Research Centre

Jessica’s research interests include Monte Carlo simulation design, financial risk management, retirement and insurance product design, and emerging risks such as the pandemic risk. 

Jessica obtained her PhD in Actuarial Science at the University of Waterloo. Previously, she has worked in various actuarial roles for 10 years at Manulife and Mercer in Canada. She is a Fellow of the Society of Actuaries and a Fellow of the Canadian Institute of Actuaries. 
Shinichi Kamiya
Associate Professor
Division of Banking & Finance
College of Business (Nanyang Business School)

Dr Kamiya has significant research expertise in the areas of insurance, economics, and risk management. His areas of past research include underwriting, adverse selection, moral hazard, and operational risk and reputational risk management. 

Dr Kamiya earned a Master’s Degree in Applied Mathematics in University of Illinois at Urbana-Champaign and a PhD degree in Risk and Insurance from the University of Wisconsin-Madison. His expertise in research is complemented with practical experience as an underwriter in the Japanese property and casualty insurance market.
Jade Nie, Division of Banking & Finance, Nanyang Business School
Division of Banking & Finance
College of Business (Nanyang Business School)

Ciyu Nie (Jade) is a qualified actuary from the Institute of Actuaries of Australia. She graduated from The University of Melbourne (Australia) with a PhD degree in Actuarial Science. 

Before joining NTU as a lecturer, Jade first worked in Ernst & Young (Shanghai) as an actuarial consultant, and later on worked in Alibaba Group as a data scientist. Her combined experiences in the insurance industry as well as the internet industry greatly inspired her interests in big data analytics as well as cyber risk management. 

She is now a member of the IRFRC and her current research focuses on cyber risk modelling.

WEI Pengyu
WEI Pengyu
Assistant Professor 
Division of Banking & Finance
College of Business (Nanyang Business School)

Pengyu is an Assistant Professor in Nanyang Business School at Nanyang Technological University, Singapore. He obtained his DPhil from the University of Oxford in 2018. Prior to joining NBS, he taught at the University of Waterloo (Canada) and the University of New South Wales (Australia). His research interests include Actuarial Science, Insurance Economics, Quantitative Finance, and Risk Management.

Bailey Yeung, Senior Research Scientist, Nanyang Business School
Bailey YEUNG Ka Chun
Senior Research Scientist
Insurance Risk and Finance Research Centre

Bailey Yeung joined the Nanyang Business School Cyber Risk Management Project as a Senior Research Scientist responsible for cyber security data validation in June 2017. 

Prior to this,  he has worked at SCOR Re under the technical closing team and at ECICS Limited in an actuarial capacity. His research interests focus on addressing cyber risks from a risk management perspective that involves underwriting, pricing, and reinsurance structures.

Bailey Yeung graduated from Georgia State University with a master’s degree in Actuarial Science.

Jinggong Zhang, Division of Banking & Finance, Nanyang Business School
Assistant Professor
Division of Banking & Finance
College of Business (Nanyang Business School)

Jinggong joined Nanyang Business School in 2018. His current research interests focus on time-consistent planning, stochastic optimal control, longevity risk management, and agricultural insurance.

Jinggong obtained his PhD in actuarial science at the University of Waterloo, and he is an Associate of the Society of Actuaries. He was a Society of Actuaries James C. Hickman Scholar.

Wenjun Zhu, Division of Banking & Finance, Nanyang Business School
Assistant Professor
Division of Banking & Finance
College of Business (Nanyang Business School)

Dr. Zhu has interdisciplinary research experience in developing effective statistical and quantitative tools in evaluating and managing risks in the fields of insurance and finance. She is particularly interested in research topics including systemic risk management, predictive analytics, actuarial ratemaking in agricultural insurance, high dimensional modelling with copulas, and longevity risk management.

Dr. Zhu received her PhD in the Department of Statistics and Actuarial Science, University of Waterloo in 2015, and she holds a double bachelor’s degree in Economics as well as Mathematics. She is a Fellow of the Society of Actuaries (FSA) and a Chartered Enterprise Risk Analyst (CERA). She is also a winner of the Society of Actuaries James C. Hickman Scholar (2013-15).