Derek Palaschuk is Canadian and has resided in Vancouver since late 2010 after relocating from China where he worked for approximately sixteen years. Derek recently was called to the British Columbia bar and works part time as a lawyer. Derek was previously the CFO of three Chinese US listed Technology companies Sohu.com (an internet portal), eLong.com (online travel company invested by Expedia) and Longtop.com which provided software solutions to financial institutions in China. Derek as CFO of these companies was responsible for executing over $1 billion in initial public offerings, secondary offerings, debt financings, joint ventures and mergers and acquisitions. Derek was also responsible for legal and tax matters. Prior to transferring to China in 1994 with Price Waterhouse Beijing, Derek worked with Price Waterhouse Hong Kong for a number of years.
From 2007 to 2016, Derek was the Audit Committee Chairman of Shun Cheong a Hong Kong listed company controlled by Vincent Mo, the founder of Soufang.com, China¹s largest real estate portal.
Derek holds a Bachelor of Commerce degree in accounting from the University of Saskatchewan, and an LLB from the University of British Columbia in Canada. Derek is semi-fluent in Chinese.