Wells Financial Holdings Limited Names New Risk Management Director

Wells Financial Holdings Limited released today the name of Mr. Gary Hall as the new Risk Management Director. Mr. Gary Hall was chosen by the firm's Board of Directors after almost two months of rigid evaluation through selection process. End Quote

(1888PressRelease) February 15, 2011 - Mr. Gary Hall will be joining Wells Financial Holdings Limited in March 2011 and he will be responsible in supervising the firm's different business units. He is expected to help distinguish and administer the firm's market standing, credit, operational risks and also tasked to oversee the entire regulatory compliance and audit functions of Wells Financial Holdings Limited.

Mr. Hall has nearly three decades of financial and brokerage industry experience and almost half of these years were devoted to risk management position. Prior to joining Wells Financial Holdings Limited, he served as one of the Senior Vice Presidents at the same time Financial Advisor of one of the distinguished financial and asset management firms in United States. During this time, he was well-known for his well-crafted solutions for the firm's brokerage risk management organization. He was responsible for the firm's risk strategy, credit counterpart management, operational risks, risk assessments as well as the existing margin portfolios.

He has also proven his financial leadership with several outstanding financial organizations including positions outside US right after he finished his master's degree in financial management in New York University. He attended his undergraduate school at Adelphi University, also in New York.

"With all the financial turmoil that the market has gone through for the last few years, we have decided to hire an expert to oversee our present market standing. Although, we recognized our financial and management growth for the past decades, we also recognized the needs to enhance our risk management system and capabilities," said Mr. Kevin Chung, the CEO and President of the Wells Financial Holdings Limited. "The inclusion of Mr. Gary Hall to the entire operational risk management is another remarkable milestone for us as we are very confident that our financial foundation will be more strengthened and will gain the trust of our traders and investors again. We believe in his broad knowledge and experience in finance and risk management in the financial and brokerage industry."

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