Banco Popular de Puerto Rico

Dwight V. Denison is professor of public and nonprofit finance at the Martin School of Public Policy and Administration and current director of graduate studies for the master�s degree programs in public administration and public policy at the University of Kentucky.��� His research interests include bond finance, financial management, investment management and tax administration.� He has authored or coauthored more than 70 publications as journal articles, book chapters, and reports and he served as the 2010 chair of the Association for Budgeting and Financial Management. Denison is a graduate of the University of Kentucky, earning a Ph.D. from the Martin School of Public Policy and Administration in 1997.� He became a tenured professor at the New York University Wagner Graduate School of Public Service before returning to Kentucky in 2005 as a faculty member.� ��

Sharon N. Kioko is an Associate Professor of Public Administration at the Maxwell School of Syracuse University and Senior Research Associate at the Center for Policy. Her research interests include state and local government finance, the municipal securities market, and governmental and non-profit accounting. Dr. Kioko�s research focuses on the role of financial information in the primary and secondary municipal securities market, the role of fiscal rules and limitations on the size and structure of government�s revenues, expenditures, and debt and assessing the financial condition of state and local governments. Her research work appears in Public Budgeting and Finance, Public Finance Review, and Municipal Finance Journal.

Mr. Latter joined Ryan Labs in 2012 to specialize in providing clients structured asset/liability management solutions. Previously, Gordon joined RBC Global Asset Management (U.S.) Inc. and built the Risk Based Investing business. Previously, he served as the Head of Pension and Endowment strategy for the Merrill Lynch Global Securities Research & Economics Group working with CFOs, CEOs and CIOs of the firm’s largest clients developing liability-based investment solutions; he also served as trustee on Merrill’s pension plans overseeing risk management and asset allocation. Prior to Gordon’s asset management and banking roles, he practiced as a Consulting Actuary in the pension and insurance industry. Gordon has been recognized as a keynote speaker at numerous events. He has published several widely cited research papers on pension investing and was one of four principal authors of the Pension Actuary’s Guide to Financial Economics. In 2009, he won the John Hanson Memorial Prize for his co-authored paper published in The Future of Public Employee Retirement Systems (chapter 3). He serves on the Society of Actuaries (SOA) Social Insurance & Public Finance council and chairs the SOA’s Pension Finance Task Force.

Byron Lutz is a Senior Economist in the Fiscal Analysis Section of the Federal Reserve Board of Governors. His primary fields of research are public finance, urban economics, and labor. He has conducted research on property taxes, intergovernmental grants, tax and expenditure limitations, the connection between the macro economy and government finances, urban real estate markets, and the intersection of land use choices, the housing market and the provision of local public goods. He has also examined the impact of school desegregation on dropout rates, youth crime and suburbanization. At the Fed, Byron’s policy responsibilities center on the analysis of state and local government tax and spending behavior. He earned a B.A. in economics and history from the University of North Carolina (1997) and Ph.D. in economics from MIT (2005).

Sean Wilkoff received his Ph.D. in Finance and Real Estate at the University of California at Berkeley in May of 2012. He currently works at the Securities and Exchange Commission in the Division of Economic and Risk Analysis focusing on municipal bond market and ABS regulation.

Rosemary Booth Gallogly is the Director of Revenue for the State of Rhode Island. She is responsible for the overall management of the Division of Taxation, Office of Revenue Analysis, Division Municipal Finance, Division Motor Vehicles and the State Lottery Commission. She is responsible for the administration and evaluation of State revenue policies and practices, administer the lottery system efficiently, ethically and in the most cost-effective manner; fiscal oversight of municipal governments.Prior to her March 2010 appointment as Director of the Department of Administration and Acting Director of Revenue, she served as Budget Officer for the State of Rhode Island for nine years. She began in the Budget Office in 1980 starting as an Assistant Budget Analyst Trainee and has served under six Governors. She attended Classical High School in Providence, Rhode Island and graduated in 1980 with high distinction from the University of Rhode Island with a concentration in finance. She received her Masters in Business Administration in 1985 from the University of Rhode Island. In 1998, Rosemary received the Robert M. Goodrich Distinguished Public Service Award from the Rhode Island Public Expenditure Council.Rosemary had worked for many years coordinating the capital budget process, including the preparation and execution of debt transactions. She served on the State Retirement Board for many years. She also serves on the State Investment Commission, the Tobacco Settlement Financing Corporation, and has served on other boards and commissions. Rosemary is well recognized as an authority on Rhode Island�s public finances by rating agencies, investment bankers, bond counsels, and other public finance professionals.Since 2010, Rosemary has been the State of Rhode Island�s lead in addressing the issues facing Rhode Island�s distressed communities, including the enactment of the Fiscal Stability Act and the Statutory Lien Act which provides for oversight of financially distressed municipalities, including a state initiated Chapter 9 process, and protection for general obligation bond holders in the case of a Chapter 9 bankruptcy. She has served as the Chairperson the Pension Study Commission on locally administered pensions, which was created to address the significant unfunded pension and other post employment benefit liabilities.Rosemary served as President of the National Association of State Budget Officers in 2004-2005, served as Director for the Eastern Region on multiple occasions and was the recipient of NASBO�s Gloria Timmer Award July 2007.

In December 2012, Mr. Watkins was appointed Receiver for the District by the Court of Common Pleas of Pennsylvania after the Board of the Chester Upland School District rejected the Financial Recovery Plan. Joe Watkins was appointed Chief Recovery Officer for the Chester Upland School District by Pennsylvania Education Secretary Ron Tomalis in August 2012. Watkins was selected salutatorian of the sixth grade from his public elementary school and subsequently won a scholarship to and graduated from the Middlesex School in Concord, Massachusetts. He subsequently earned degrees from the University of Pennsylvania and the Princeton Theological Seminary. He has worked as a government relations professional at Buchanan Ingersoll and Rooney, as assistant to the President of the University of Pennsylvania and also as a managing director and equity partner in an asset management firm. He previously worked on the U.S. Senate staff of Senator Dan Quayle and on the White House staff of President George H. W. Bush. He is a former host of CNN’s Crossfire and has hosted Praise the Lord on the Trinity Broadcasting Network. He serves regularly as a political analyst on MSNBC, CNBC and Fox 29. Previously the chairman of Students First Corp, Watkins is also the Pastor of Christ Evangelical Lutheran Church in North Philadelphia. Married to Stephanie Taylor Watkins, he and his wife are the parents of three children and a son-in-law and have two grandchildren.

Guy S. Neal is a partner in Sidley’s Washington, D.C., office. He has significant experience in complex business bankruptcies, having represented debtors, creditors, committees of creditors, equity holders, trustees, lenders, financial guarantors, landlords, financing companies and purchasers of distressed assets in all phases of bankruptcy reorganization. Mr. Neal has also represented credit enhancers, bondholders and bond trustees in Chapter 9 municipal bankruptcies. His practice also includes out-of-court workouts and restructurings, as well as state court receiverships and related proceedings in various jurisdictions across the United States. His industry experience encompasses commercial real estate, municipalities, airlines, hospitals and other health care facilities, retail, telecom, energy, hotels, educational institutions and accounting and other professional services. Mr. Neal is also an experienced litigator with first- and second-chair trial experience in a variety of business-related matters in state and federal courts. He has substantial experience in all phases of complex commercial litigation and bankruptcy litigation, practice and case management from both the debtor and creditor’s perspective including relief from stay, adequate protection, priming lien, valuation, preference, fraudulent transfer, subordination, competing plan and appellate litigation. Mr. Neal is an Adjunct Professor of Law at the Georgetown University Law Center where he teaches Bankruptcy and Creditors’ Rights. Mr. Neal is a co-chair of the Washington, D.C. office’s Committee of Training and Development and coordinates and teaches sessions on advanced litigation skills, advocacy and trial practice.

David Unkovic, 58, has been a municipal bond lawyer in Pennsylvania for over 30 years. He has served as bond counsel to all sizes of governmental entities, including townships, boroughs, cities, school districts, counties and authorities. He has also represented various financial entities and nonprofit corporations in tax-exempt financings. Mr. Unkovic has experience in the areas of distressed municipalities, bank lending and investment regulations. For most of his career he has worked at private law firms in Philadelphia, but he has also served as chief compliance officer at PFM Asset Management, as chief counsel of the PA Department of Community Affairs and as the state appointed receiver for the City of Harrisburg. In the past year, Mr. Unkovic has worked with state senators from both parties on legislation to improve the debt incurrence and related statutes in Pennsylvania. Mr. Unkovic was born in Pittsburgh, and he received his B.A. in political science, summa cum laude, from the University of Pennsylvania , and his J.D. from Harvard Law School. He is a former president of the Pennsylvania Association of Bond Lawyers, and he has devoted a significant portion of his practice to promoting civil legal aid programs for the indigent.

Ms. Grande is a Partner in the law firm of Edwards Wildman Palmer LLP. Ms. Grande has served as bond counsel to cities and towns as well as to many state, regional and municipal agencies which finance public projects including school projects, student loans, health care facilities, public water supply and wastewater projects, recreational facilities and economic development projects. She has been listed in both The Best Lawyers in America in the area of Public Finance Law as well as a Super Lawyer by Thomson Reuters.Most recently, she has developed expertise relating to finances of distressed communities, focusing on powers of municipalities in proceedings under Chapter 9 of the United States Bankruptcy Code. She serves as municipal finance counsel to the State of Rhode Island and the Receiver of the City of Central Falls, Rhode Island in connection with the City’s groundbreaking Chapter 9 Bankruptcy case.