Prof. Xiaoyan Zhang is the Xinyuan Chair Professor of Finance and Associate Dean at PBC School of Finance, Tsinghua University. She is also the Deputy Director of National Institute of Financial Research and Institute of Fintech Research at Tsinghua University, and the director of Xinyuan Fintech Research Center. Prof. Zhang received her B.A. in Economics from Peking University in 1997, and Ph.D. in Finance (with honor) from Columbia Business School in 2002. Before joining Tsinghua University, Prof. Zhang worked at the Johnson School of Management of Cornell University as an Assistant Professor of Finance, and the Krannert School of Management of Purdue University as Duke Realty Chair Full Professor of Finance and Finance Group Head. Currently, Professor Zhang is a senior fellow of the Asian Bureau of Finance and Economic Research (ABFER), and a senior financial expert of the Shanghai Stock Exchange. Professor Zhang served on the CSRC 17th Issuance Examination Committee, and currently serves on the World Economic Forum’s Global Future Council, China Global Economic Governance 50 Forum, and Expert Committee of National Internet Finance Association.