Teresa

Kong

C-Level

Delphia Holdings Inc.

Berkeley,

California

Industry

Financial Services

Area of Expertise

Finance

Immediately Qualified to Serve

Finance

Previous Board Experience

Nonprofit, Private

Financial executive with over 25 years of experience in investment management, capital markets, investment banking and corporate strategy. Teresa is currently serving as Independent Director for Delphia, a venture-backed fintech.  Teresa was former Executive Committee member, Head  of Fixed Income at Matthews Asia and former Head of Emerging Market Investments at BlackRock (formerly Barclays Global Investors).

As the investment management expert serving on Delphia’s board, a venture-backed company with the mission to build data as an asset class, Teresa advises and guides the board in areas of product development, distribution, strategic partnerships, M&A, and SEC regulatory compliance.

During Teresa’s decade-plus career at Matthews Asia, she built the fixed income investment, risk, analytics, data, operational, risk and compliance capability from the ground up. She grew the business from zero to a high of $500 million in assets under management before her retirement.  Teresa was instrumental in driving and implementing Matthews’ pivot in product strategy from traditional mutual funds to exchange traded funds (ETFs), having launched the first emerging market ETF (TK: EMB) at BlackRock.  Teresa was also the brainchild in designing Matthews’ ESG investment portal, creating a data-driven, comprehensive quantitative scoring methodology and qualitative engagement framework.

Prior to Matthews, Teresa was Head of Emerging Market Investments at BlackRock for 7 years. She founded BlackRock’s systematic fixed income emerging market strategies spanning passive, long-only, to leveraged long/short for institutional clients globally. She built and was the designated Portfolio Manager across private and public registered (US 40Act mutual funds, ETFs, UCITs) investment vehicles. She and her team of US, UK, and Asia-based portfolio managers, traders and analysts managed over $6 billion in assets globally.

Having been on both the buy- and sell-side of finance, Teresa has an intimate knowledge of businesses and capital structure, having analyzed, advised, and invested in hundreds of corporates across industries, municipalities and sovereigns on debt issuances, restructurings, buybacks, and liability management strategies.

Teresa has navigated portfolios through substantial market volatility and evolving regulatory regimes through multiple financial crises. She has managed portfolios successfully through financial crises spanning a quarter of century, including the Tequila crisis, the Asia Financial Crisis, the Global Financial Crisis, and Covid-19. She has developed risk and regulatory monitoring and controls to comply with ever-evolving US SEC and EU UCITs regulations, Executive Orders, and US sanctions. Teresa has provided expert testimony to the US Congress’s US-China Economic and Security Review Commission.

Teresa holds an MA in International Policy Studies and BA in Economics and Political Science from Stanford University. She also has a Certificate in Cryptocurrency from MIT.  In addition to serving on corporate boards, Teresa also volunteers with nonprofits, including the Bretton Woods Committee’s Future of Finance Working Group, chairs the Investment Committee at Prospect Sierra School, and serves on the Berkeley High Athletic Fund Board. Teresa has lived/worked in North America, Europe, Asia and EMEA. She is fluent in English, German and proficient in Cantonese.