
Management
George Boychuk is the Chief Operating Officer of Depositary Management Corporation. Over the years Mr. Boychuk has worked on behalf of both depositary banks and foreign private issuers in connection with the establishment and/or ongoing maintenance of over 450 depositary receipt programs. He has also advised on transactions involving the sophisticated use of ADRs and GDRs in cross-border tender offers, exchange offers and rights offerings. A scholar of U.S. securities law, Mr. Boychuk has lectured and been published on the impact of SEC regulations on non-U.S. issuers. Mr. Boychuk has over twenty years of experience representing international and U.S. clientele in corporate and securities law matters including public and private offerings of securities, SEC regulatory and compliance matters, mergers and acquisitions, private equity and venture capital transactions, formation and representation of hedge funds and other investment vehicles, executive employment matters, NYSE and NASDAQ regulatory compliance, and commercial transactions and general corporate matters. Mr. Boychuk received his B.A. from Princeton University in 1982 and his J.D. from the University of California School of Law in 1985, where he was awarded the Order of the Coif. br>
Alain Serrano is a member of the Advisory Board of Depositary Management Corporation and is Head of European Operations. In the course of his career Mr. Serrano has worked with foreign issuers and their Board members to ensure that their global business operations follow best practices and are compliant with applicable law. Mr. Serrano specializes in implementing processes in order to detect, address and prevent corporate misconduct worldwide, in particular with regard to: US Securities Litigation; Anti-bribery and corruption (including the US Foreign Corrupt Practices Act); Anti-trust/competition; Data Protection; Export Controls; and Money laundering and counter-terrorism financing. For the last 11 years, Mr. Serrano has worked with former officers from the US Securities and Exchange Commission, the US Department of Justice, and various European enforcement agencies. He has also worked in close relationship with, and as a member of, leading US and EU law firms in the area of global risk management. Mr. Serrano's clientele has included leading companies in the main following industries: automobile, advertising, banking, biotechnology, construction, consulting & management services, defense, department stores, energy food, financial services, gaming, healthcare, insurance, luxury goods, telecommunications, transportation and utilities. Mr. Serrano is a graduate of the HEC Business School in Paris (MBA - Strategy, Law, International Finance and Tax Planning) and L'École Supérieure d'Électricité (Supelec) (PhD in Engineering). Mr. Serrano has also completed intensive training in New York City and Washington DC with regard to SEC Compliance matters. br>

