Firm Overview Why E. J. McKay Management Team Community Impact News



James Z. Li is the Chief Executive of E. J. McKay. With over 20 years of experience in the financial markets in China and abroad, his expertise encompasses a broad range of industries and geographies.

Formerly, James was an investment banker with Merrill Lynch in New York and Hong Kong, a consultant with McKinsey in Hong Kong and Shanghai, and head of China for European multinational corporation VA Tech AG (now part of Siemens AG), based in Beijing.

James holds master’s degrees from Oxford and the University of Chicago, and an AB from Harvard. He is the Secretary of the Oxford Society in Shanghai, a member of the World Economic Forum Global Agenda Council on China, and an adjunct professor at Tsinghua University and Zhejiang University. James is a leader in the capital campaigns for Harvard and Oxford, and is the benefactor of the James Z. Li scholarship at Harvard College.


Peter F. Tufo is the Chairman of E. J. McKay International.

Peter formerly served as US Ambassador to Hungary, where he managed some of the most pivotal historical events representing the United States and NATO. Before his time in Hungary, he was Senior Managing Director at the investment banking division of Merrill Lynch, and a senior partner with Wall Street law firm Milbank Tweed, Hadley & McCloy.

In addition to his private sector experience, Peter has had a distinguished career in public service, having served as the Chairman of the New York City Board of Correction, and Chairman and CEO of New York State Thruway Authority.

An ex-marine and speaker of Polish, Peter graduated with a JD from Yale Law School, and was the President of the Yale Law School Alumni Association. He also studied at Oxford as a Marshall Scholar.


Kamal K. Rungta is Chairman of E. J. McKay’s South Asian operations. He has initiated and advised over fifty China-India transactions spanning sectors such as healthcare, consumer, industrials, and technology.

Kamal formerly held executive positions at Procter & Gamble and leading India pharmaceutical company Maxgene Probiotics. Kamal also founded and successfully grew through organic expansion enterprise software company NetAce Technologies, in India and in Silicon Valley.

Kamal is a graduate of Indian Institute of Technology (IIT), and holds a master’s degree from Pennsylvania State University.


Tomas Holmberg is the head of E. J. McKay in Northern Europe. He has advised many Nordic-China transactions, particularly in the fields of telecom, technology, manufacturing, and financial sponsors.

Tomas was a senior partner at Helsinki-based international law firm Hannes Snellman, where he opened the firm’s China office and headed its Ukraine office, and where he started his legal career in 1993. Prior to rejoining Hannes Snellman in 2001, Tomas held various senior legal and management positions at Nokia Networks and Nokia Ventures Organization, including Nokia Home Communications and Nokia Multimedia Terminals.

Tomas holds a Master of Laws from the University of Helsinki in Finland.