Exceltrade Development Limited was established in 1989 by the Founding Chief Executive Officer of International Bank of Asia (IBA), Ahmet D. Arsan. With over 25 years of international banking experience, Arsan has held senior executive management positions in IBA as well as First National Bank of Chicago (now - JP Morgan). Prior to assuming the position of CEO of International Bank of Asia, Arsan served for several years as Asia-Pacific Area Head of First Chicago, where he built and headed First Chicago Asia Pacific (now - JP Morgan Asia). Holding many commercial contacts in the Greater China Region, Arsan spearheaded First Chicago's China business, and established the first joint-venture Investment Bank China formed in Hong Kong -- (CCIC) -- between First Chicago, Bank of China, Industrial Bank of Japan, and China Resources as partners. Arsan also negotiated and established the first western bank office (FirstChicago Beijing) to enter China, after the enactment of the opening and reform policies of Deng Xiaoping. Arsan was appointed by the President of Turkey as Honorary Consul General in Hong Kong from 1987-1989, and was appointed by the British Governor of Hong Kong, to serve on the Deposit Taking Companies' Advisory Committee, to assist the Hong Kong Government in administering new legislation on deposit taking companies. Arsan speaks English and Turkish, and holds an MBA from the Carlson School of Management, and a B.Sc. in Public Administration from METU.