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Catherine Cai is a Managing Director and Vice Chairman of China Investment Banking at Bank of America Merrill Lynch. She joined Merrill Lynch about 10 years ago after working for ABN Amro as managing director and head of China investment banking, and for JP Morgan as a managing director and head of China equity capital markets. Cai started her banking career with Smith Barney in New York. With more than 17 years' experience in the investment banking industry, she has participated in many IPO, mergers and acquisitions, convertible bond and high yield bond transactions for both China's state and privately owned enterprises in many different industries. Cai holds a law degree from Peking University and an M.B.A. from the University of Connecticut.

Panel:
Building China's Middle Class

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