Banco Popular de Puerto Rico

Bradley C. Bond has been Vice President of Treasury for the System since July 2002 in addition to recently being appointed to Vice President of Finance for all Community Medical Centers and Ambulatory Surgery Centers. In his treasury role, Mr. Bond’s primary responsibilities include overall management of short and long-term investments, debt and swap transactions, cash management, leasing contracts, pension and risk management, and tax compliance and research. He has played a significant role in over $1.3 billion in bond issuance transactions, over $800 million notional swap transactions and negotiated $230 million in short-term lines of credit during his tenure at the System. Mr. Bond currently oversees the investment program with over $1.1 billion in assets under management, including the defined benefit pension investments. He also plays a significant role in operational finance at the six community medical centers, strategic planning, financial reporting, fund development, equipment leasing and community benefit reporting. Prior to joining the System, Mr. Bond served as Assistant Treasurer at the Cleveland Clinic Foundation since December 1997 and Senior Treasury Analyst from November 1994 to December 1997. Previously Mr. Bond was associated with General Electric Capital Corporation, where he served as a Financial Specialist from 1992 to 1994. Mr. Bond began his career as a staff accountant and consultant with Ernst & Young. Mr. Bond received a Bachelor of Science in Business Administration from The Ohio State University and a Masters in Business Administration from Weatherhead School of Management - Case Western Reserve University. Mr. Bond is a Chartered Financial Analyst (CFA) and a Certified Public Accountant (CPA-non practicing). Mr. Bond maintains many professional and community affiliations and is Finance Committee Chair for the Hunger Network of Greater Cleveland.

Akiko Mitsui is a Senior Analyst and Manager in Vanguard�s Municipal Credit Research Department, where she has worked since 2006. Vanguard manages over 20 tax-exempt money-market and bond portfolios with total assets exceeding $100 billion. Akiko�s work as a Senior Analyst is focused on bonds issued by universities and other nonprofit organizations, and in the high-yield space, on bonds issued by Continuing Care Retirement Communities (CCRCs). In the money-market arena, Akiko is one of three Vanguard credit specialists of Tender Option Bond (TOB) investments and participates on Vanguard�s Municipal 2a-7 Money Market Team. As a Manager, Akiko oversees employees responsible for various credit and compliance processes of Vanguard�s Municipal Credit Research Department.Akiko joined Vanguard in late-2003 to work with Vanguard�s current CEO when he was Managing Director of Institutional and Retail Client Relationships. Prior to joining Vanguard, Akiko worked as a Fellow and Research Associate with Harvard Business School�s Finance Faculty, focusing on pension fund investment management. Akiko was also a Senior Vice President at Mizuho Corporate Bank in New York, where her activities during her tenure spanned community-, public finance-, and real estate- lending, legal and regulatory affairs, philanthropy, and strategy. Akiko received two undergraduate degrees from Boston University: a B.A. in Economics and a B.S. in News-Editorial Journalism. She also a graduate of the MBA program at Harvard Business School. She is a CFA Charterholder.Active in nonprofit boards and advisory boards throughout her career, Akiko currently serves on the Board of Neighborhood Restore HDFC, a nonprofit organization that works on behalf of The City of New York to stabilize certain in rem properties in distressed areas of the City.

Manny Grillo is a partner in the firm�s Business Law Department and chairs its Financial Restructuring Practice. He is also a member of its Leveraged Finance Practice and co-leader of its Municipal Bankruptcy Group. Mr. Grillo represents secured and unsecured creditors, Chapter 11 debtors and borrowers, as well as both sellers and purchasers in distressed mergers and acquisitions. His practice encompasses both out-of-court debt restructurings and the rehabilitation and liquidation of financially distressed businesses under Chapter 11 of the Bankruptcy Code. Mr. Grillo regularly advises banks, hedge funds, sponsors and other financial institutions regarding insolvency and restructuring matters in complex financings and securitizations. He negotiates distressed financing transactions including debtor in possession loans on behalf of both lenders and borrowers and litigates contested confirmation and financing matters as well as avoidance actions and lender liability claims. Mr. Grillo is a member of the firm�s Opinion Committee and has been a member of its Associate Review Committee and its Committee on Racial and Ethnic Diversity. Mr. Grillo has represented creditors, debtors and borrowers across a variety of industries. In the financial services industry, he represented a troubled cooperative bank in the restructuring of over $500 million of its debt; an investment fund holding debt secured by life settlement assets in a troubled hedge fund�s chapter 11 cases; and an ad-hoc committee of second lien creditors in the restructuring of over $500 million of secured debt of one of the largest independent futures brokerage and clearing firms. He has represented lenders and borrowers in the real estate industry including the successful bidder in a section 363 sale for one of the nation�s largest real estate brokerage firms; the controlling mezzanine lender in its successful foreclosure on a portfolio of hospitality assets with a value in excess $1.5 billion; the sponsor of a portfolio of hospitality assets concentrated in the southeastern United States in the successful restructuring of $600 million of debt; mezzanine and mortgage lenders for both commercial and multifamily residential properties and lenders to Native American gaming facilities. He has represented junior capital lenders to troubled borrowers in prepackaged bankruptcy cases and periodically in their exercise of remedies. In addition, he has represented individual creditors and ad hoc groups of creditors in some of the country�s largest bankruptcy cases, including Lehman Brothers Holdings Inc., Northwest Airlines, Delphi Corporation and Silicon Graphics, Inc. He negotiated the unique DIP loan equity kicker in the NextWave Telecom cases that provided the DIP lender with a premium payable in reorganized NextWave securities at confirmation after NextWave�s litigation with the FCC in the United States Supreme Court.Mr. Grillo is a member of the American Bankruptcy Institute and the Turnaround Management Association.

John Schmidt is a partner in the Chicago-based international law firm of Mayer Brown LLP. In recent years his practice has focused heavily on large-scale transactions involving U.S. infrastructure, including the path breaking 2005 lease of the Chicago Skyway, the first privatization of major U.S. infrastructure (for which he was named �Dealmaker of the Year� by the American Lawyer). In 2010 he was recognized by the Financial Times as one of ten �innovative American lawyers� for his work in pioneering new structures for the financing of U.S. infrastructure.He has represented states, cites and private entities in a wide variety of major infrastructure transactions, including the Government of Puerto Rico in the long-term lease of the San Juan Airport, the first privatization of a major U.S. airport; the State of Indiana in the long-term lease of the Indiana Toll Road for $3.8 billion, the largest infrastructure transaction in U.S. history; and the City of Chicago in the proposed lease of Chicago�s Midway Airport. From 1994 to 1997 he was the Associate Attorney General of the United States, overseeing all aspects of the civil representation of the federal government, as well as the work of the Civil Rights, Antitrust, Tax and Environmental Divisions at the Justice Department.Prior to becoming Associate Attorney General, he served from 1983 to 1994 as Ambassador and Chief U.S. Negotiator for the Uruguay Round of world trade talks under the General Agreement on Tariffs and Trade (GATT), which concluded the largest and most comprehensive trade agreement in world history in April 1994.

David is a Managing Director in the North American Infrastructure Banking practice at BMO Capital Markets. He has 19 years of investment banking experience, specializing in advising and structuring borrowing platforms for government, project and corporate issuers in the utilities and infrastructure sectors. Over the past 5 years he has led the Canadian P3 practice for the firm and has recently added U.S. P3 concessions to his practice.David has been involved in a wide range of public and private sector mandates in his time. As an advisor for Government clients, David has been a key advisor to Infrastructure Ontario with assignments including the Windsor-Essex Parkway as well as 6 other social infrastructure projects in health care, transit, justice, and recreation totaling over $5 billion in construction procurement.As an advisor to private sector bidding consortiums David was the team leader on the Port Mann Bridge project, the RAV Line transit project, the CSEC headquarters procurement, St Joseph's hospital bid, the 407 East Extension bid, and most recently, leading the teams on winning bids for the Ontario Forensic Services and Coroner’s Complex and the Toronto City Centre Airport Pedestrian Tunnel.David is a CFA charter holder and holds an Honors Business Administration degree and a Master of Business Administration degree, both from the Ivey School at the University of Western Ontario.

Mr. Olson has over 25 years of diversified experience in higher education including 13 years with Drexel University. During his tenure, Mr. Olson has been participated in the remarkable financial growth of the University and the College of Medicine through his management of Drexel’s financial resources and investments, strategic planning and forecasting. Additionally, he fosters ties with the larger higher education community as Drexel’s representative on the Philadelphia Region Area Programming Committee of the Eastern Association of College and University Business Officers and with the greater Philadelphia community as a Leader of the Boy Scouts of America. Prior to serving at Drexel, he rose through the ranks at Coopers and Lybrand (now PriceWaterhouse Coopers) as an Audit Manager with an industry specialty in Higher Education.