Dr. Zhengyu (Zane) Wang

Dr. Zhengyu (Zane) Wang founded our company and holds the positions of Chairman and co-Chief Executive Officer. Dr. Wang also advised the People’s Bank of China (PBOC) on the creation of the National Credit Bureau from 2003 to 2005. Before founding our company, Dr. Wang was the Head of Analytics at Sears Credit from 1995 to 2000, where he oversaw the creation of a credit data warehouse, developed credit scoring models using credit bureau data, and implemented analytically driven consumer credit borrower acquisitions and portfolio management strategies. Dr. Wang received his Ph.D. in Statistics from the University of Illinois, and his master of science degree from the University of Illinois at Chicago.

Russell Krauss

Russell Krauss has served as co-Chief Executive Officer and Vice Chairman since September 2018. Prior to taking on the current co-CEO role, Mr. Krauss has served on the XRF Board since 2016 as an independent non-executive director. Mr. Krauss was Senior Vice President and Managing Director at Hewlett-Packard ("HP", then "Hewlett Packard Enterprise"), where he oversaw business operations for one of HP's largest businesses and drove significant value for both clients and shareholders through major transformation initiatives. He also served as Senior Vice President, overseeing Accounts and Business Operations for DXC Technology, where he led the enterprise-wide client operations, and oversaw top accounts for the $20 billion business. Previously, Mr. Krauss was the Chief Information Officer and Vice President for the New York Power Authority, the largest non-federal utility in the U.S., where he was a leader of one of the nation's "Top 10 Critical Infrastructure" entities and led the $1.4 billion divestiture of the Nuclear Generation business—the largest transaction of its kind in U.S. history. Mr. Krauss also served as a CIO both at Westinghouse Electric Corporation and United Technologies Corporation divisions. He received his MBA from University of New Haven and his Bachelor's degree in Computer Science from the State University of New York (SUNY).

Douglas L. Brown

Douglas L. Brown has been an independent non-executive director on our board since 2007. Mr. Brown is the founder and chairman of DLB Capital, which is a private equity firm with a focus on development and startup companies in the financial services industry in the United States and China. He has held his positions at DLB Capital since 2006. Prior to DLB Capital, Mr. Brown held the position of vice chairman—investment banking at Morgan Stanley where, among other responsibilities, he advised on initial public offerings and the privatization of Chinese state-owned financial institutions. Mr. Brown was also the non-executive chairman of HighTower Advisors, LLC from its founding in 2007 to 2011, and was its first institutional investor through DLB Capital. He continues to serve as a director of HighTower Advisors, LLC. Mr. Brown also serves as a director of Transamerica Corporation, a position he has held since 2008. Mr. Brown received his bachelor’s degree from Bowdoin College.

Christopher Thorne

Christopher Thorne has served as an independent non-executive director on our board since 2008. Prior to that, he served as our advisor in 2007. Mr. Thorne is the founder and chairman of Broadline Capital, the global alternative investment firm primarily focused on growth capital and impact investments in North America and Asia. He has held his position at Broadline Capital since 2005. Previously, Mr. Thorne worked at McKinsey & Company from 1995 to 2000, where he served as a senior management consultant. He subsequently became a technology entrepreneur and held the position of founder, chairman and chief executive officer of Maverick Xchange Inc., the software-as-a-service (SaaS) technology company which he founded in 2000, and served as president of EFS Network Inc., where he initiated a consolidation of technology companies and the resulting company, iTradeNetwork Inc., became the leading global provider of SaaS-based trading network and business intelligence solutions to the food industry. The company successfully sold to Roper Technologies (NYSE: ROP). He also serves on the board of directors of Powermers Inc. and EndoSphere Inc., and is Director Emeritus of Creative Commons, the 501(c)(3) nonprofit organization that promotes educational access at a global level. Mr. Thorne received his Juris Doctor with honors from Harvard Law School, his MBA from Harvard Business School with final year honors, and his Bachelor’s degree (Magna Cum Laude) from Harvard University, where he was elected president of the university-wide student government, founded the Harvard Negotiation Law Review, and competed on the intercollegiate rugby, soccer and wrestling teams.

Joe Zhang

Joe Zhang has served as an independent non-executive director on our board since January 2016. Prior to that, he served as our advisor since 2012. Mr.Zhang is currently a director of China Smartpay, a company listed on the Hong Kong Stock Exchange since December 2012. Mr. Zhang is also the author of Inside China’s Shadow Banking, which was published in 2013. Prior to working at China Smartpay, from 2006 to 2008, Mr. Zhang served as the chief operating officer of Shenzhen Investment Limited. Mr. Zhang also worked for various investment banks for 15 years, including 11 years with UBS. Mr.Zhang also has experience as a manager at the PBOC. Mr. Zhang is on the board of directors of several other companies, including Fosun International Limited, Boer Power Holdings Ltd, Luye Pharma Group Ltd., China Huirong Financial Holdings Ltd and Zhong An Real Estate Limited. Mr. Zhang received a bachelor’s degree in Economics from Hubei Institute of Economics and Finance, a master’s degree in Economics from the PBOC Finance Institute and a master’s degree in Economics from the Australian National University.

Ji’an Zhou

Zhou Ji’an has served as an independent non-executive director on our board since September 2017. Mr. Zhou was the executive director and general manager of China United SME Guarantee Corporation, a financial services company that provides financial guarantees for loans and bonds that was founded by JP Morgan Chase, Siemens China and other leading Chinese institutions. Mr. Zhou previously held leadership roles for the China Export & Credit Insurance Corporation from 2001 to 2012, and prior to that worked for China Life Insurance Co., Ltd. as the general manager of asset management from 1999 to 2001. Mr. Zhou is a Senior Scholar of the Eisenhower Fellowships, and holds a bachelor’s degree of Engineering in Computer Science from the National University of Defense Technology, China and a master’s degree of International Economy from Renmin University of China.