Thank you to everybody who joined us at the FT Asia Banking Forum on 22 June in Singapore. We hope you enjoyed the inspiring keynotes, informative discussions and valuable networking opportunities.
FT Asia Banking Forum
Staying Ahead in an Era of Change
Monetary Authority of Singapore
Bank of Thailand
Bank Negara Malaysia
Agenda - 22nd Jun
8:30amRegistration & Networking
9:10amPanel: Navigating a Volatile and Challenging Economic Environment
- How are China’s economic slowdown, volatility in financial markets and currency weakness affecting other key Asian markets?
- What are the implications of the regional slowdown and strengthening US dollar for banks in Asia?
- How is the ongoing oil and commodities rout impacting banks in the region?
- As China starts to transition away from an investment- and export-led growth model to one driven by domestic consumption and services, how will this rebalancing impact banks in China and elsewhere?
- Are the strikingly high – and rising – levels of non-financial debt in China a signal of a looming credit crisis?
- How are business models changing in light of the current challenging macroeconomic environment?
Maureen DeRooij, CEO, Asia-Pacific and Country Executive, Greater China, ABN AMRO Bank
Sukudhew Singh, Deputy Governor, Bank Negara Malaysia
Le Xia, Chief Economist for Asia, BBVA Research
Moderator: Henny Sender, Chief Correspondent, International Finance, Financial Times
9:55amGovernment / Regulatory Address
Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore
10:20amView From the Top
Joydeep Sengupta, Senior Partner, McKinsey & Company
10:30amPanel: Food for Thought – Future-Proofing Business Models and Practices
- How are banks rethinking what they do in light of the current wave of digital disruption?
- What’s the best way to think about digital transformation and what steps must be taken in order to make this transformation a reality?
- How are banks leveraging technology – in particular, mobile – to drive digital inclusion for unbanked populations?
- Social, mobile, wearables, the Internet of Things, artificial intelligence – what will be the next big thing, and where and how should banks be investing?
Rajiv Anand, Executive Director, Axis Bank
Felimy Greene, Regional Head, Customer Franchise, Citi Asia Pacific Consumer Bank
Gyorgy Ladics, Chief Operating Officer, Bank Islam Brunei Darussalam Berhad
Joydeep Sengupta, Senior Partner, McKinsey & Company
Moderator: Jeevan Vasagar, Singapore Correspondent, Financial Times
11:35amCase Study 1: P2P Lending in the China Market
Kevin Guo, Founder & Co-CEO, Dianrong.com
Moderator: Henny Sender, Chief Correspondent, International Finance, Financial Times
12:05pmPanel: Confronting the Elephant in the Room – Fintechs and Other Disruptors
- What are the implications of the emergence of specialist marketplace lenders, robo-advisors, and other disruptors – and how are banks responding to this increased competition?
- How do banks view blockchain technology and how are they experimenting with it? What regulatory and market infrastructure developments must take place before banks start to see significant client appetite for digital currencies?
- What are the benefits and drawbacks of outsourcing work to fintechs? Who are the game changers in this space?
- What is the best way for banks to partner with fintechs? When considering acquiring or entering into a joint venture with specialist startups or online service providers, what are banks looking for, and what should they avoid?
- How are banks rethinking what they do, and how are business models changing as a result?
Hans Brown, Head of Client Technology Solutions – Asia Pacific, BNY Mellon
Sreeram Iyer, Chief Operating Officer, Institutional Banking and Asia Retail, ANZ
Gerald Mackenzie, Director, Digital Channel Management, Private Banking Asia Pacific, Credit Suisse
Abhijit Singh, Head - Retail Technology, ICICI Bank
Janet Young, Managing Director, Head of Group Channels and Digitalisation, United Overseas Bank
Moderator: Jeevan Vasagar, Singapore Correspondent, Financial Times
2:00pmGovernment / Regulatory Address
Tongurai Limpiti, Deputy Governor, Financial Institutions Stability, Bank of Thailand [Download PDF Presentation]
2:20pmPanel: Addressing Compliance Challenges in the Asia Region
- While a number of countries throughout Asia Pacific are committed to liberalising their banking sectors and raising standards in financial services, banking regulation in Asia remains a complex patchwork of different rules and policies. How do banks in the region navigate this regulatory landscape when formulating internal policies, codes of conduct and regional compliance strategies?
- In Europe, governments work towards harmonisation of rules and policies under the guidance of common institutions such as a single supervisory mechanism, a single resolution mechanism, and a Capital Markets Union. Could markets in Asia achieve this level of collaboration?
- What are the implications of recent steps taken by regulators in countries like India and China towards regulating the P2P lending and shadow banking industries?
- How can technology be used to simplify and strengthen compliance processes?
- How much of the compliance function can banks outsource? What are the advantages and disadvantages?
Tom Lodder, Managing Director, Head of Regulatory Policy, Barclays Legal Asia Pacific
Maria van der Burgt, Head of Monitoring and Surveillance Asia, Macquarie
Scott Vincent, Head of Financial Crime Risk, APAC Asian Compliance Office, Bank of Tokyo-Mitsubishi UFJ (BTMU)
Moderator: Jeevan Vasagar, Singapore Correspondent, Financial Times
2:55pmPanel: The Ever-Expanding Role of the CRO
- How have risk officers' roles evolved in recent years?
- How well integrated is the risk department with the rest of the bank (including the technology function, compliance function, and other departments)?
- What are the main risks for banks in 2016? What must risk officer think about when devising risk management strategies, and how do they evaluate and update their risk management strategies, particularly with regard to re-assessing existing risks and identifying new risks?
- What new challenges does the increasing use of technology and constant connectivity pose for banks? How can banks anticipate new risks and take measures to protect themselves early on?
- How relevant and useful are regulations in helping banks to protect themselves?
Vincent Choo, Chief Risk Officer, OCBC Bank
Sanjeev Karkhanis, Group Managing Director, Chief Risk Officer APAC, UBS AG
John Lee Hin Hock, Group Chief Risk Officer, Maybank
Lim Tuang Lee, Executive Director, Prudential Policy Department, Monetary Authority of Singapore
Moderator: Henny Sender, Chief Correspondent, International Finance, Financial Times
4:05pmCase Studies 2 and 3: P2P Lending in the Singapore Market
Pawel Kuznicki, Director and Co-Founder, Capital Match
Lawrence Yong, Co-Founder and CEO, MoolahSense
Moderator: Jeevan Vasagar, Singapore Correspondent, Financial Times
4:35pmPanel: Identifying Opportunities – Why Banks Are Still Betting on Asia
- What are the current and emerging opportunities for banks in this region – both in terms of business areas, client segments and geographies?
- How are banks addressing financial inclusion? What is being done to bring Asia’s unbanked populations into the formal financial system?
- Within the organisation, which business units are poised for growth and which ones are underperforming?
- What are the main market entry challenges for banks looking to grow their presence and tap new markets in Asia Pacific?
- What are the most effective models for entering and exiting markets, and what can be done to ensure a smooth process?
Rob Jesudason, Group Executive, International Financial Services, Commonwealth Bank
Pascal Lambert, Group Country Head, Singapore and Head of Corporate & Investment Banking, Southeast Asia, Societe Generale
Lisa Robins, Head of Global Transaction Banking Asia Pacific and Vice Chair of Corporate & Investment Banking Asia Pacific, Deutsche Bank
Moderator: Henny Sender, Chief Correspondent, International Finance, Financial Times
Sopnendu Mohanty is the Chief Financial Technology (Fintech) Officer of the Monetary Authority of Singapore (MAS). He is responsible for creating development strategies and regulatory policies around technology innovation to better manage risks, enhance efficiency and strengthen competitiveness in the financial sector. Prior to joining the MAS, Mr Mohanty was Global Head of the Consumer Lab Network and Programs at Citibank, which included driving innovation programs and managing innovation labs across multiple geographies globally. Mr Mohanty has spent 20 years in the APAC region and held various roles in technology, finance, productivity, and business development. During his tenure as Citibank’s APAC regional head of branch operations, he also headed up the Consumer Innovation Lab in Singapore. Mr Mohanty also spent a significant time in Japan, where he was Citibank’s Retail Business Development head and also did leadership stints in various functions within operations and technology. Globally, he played a significant subject matter expert role in driving Citibank’s global smart banking program, to transform bank’s physical network into a digital-first, smart and innovative, client-centric customer engagement center. Mr Mohanty has co-authored various patented works in the area of retail distribution within the financial sector.
Tongurai Limpiti is currently a Deputy Governor of the Bank of Thailand, responsible for Financial Institution Stability and Payment Systems stability. She has also been appointed as one of the members of the Financial Institutions Policy Committee (FIPC) and the Payment Policy Board. Prior to this position, Ms Tongurai was a Deputy Governor of the Bank of Thailand, responsible for administration and the note printing factory. She was also appointed as one of the members of the Monetary Policy Committee and the Note Printing and Distribution board at the Bank of Thailand. In 2007 Ms Tongurai was appointed as an Assistant Governor of Financial Institution Development Fund (FIDF). FIDF was established to grant financial assistance to insolvent financial institutions in order to maintain stability in the system – especially in the event of a financial crisis. In this capacity, Ms Tongurai accomplished the return of two nationalised banks to the private sector. Ms Tongurai has been engaged in various work aspects relating to the development and rehabilitation of financial institutions, including leading different projects in reforming the regulatory and supervisory framework such as the implementation of Basel II, Basel III, and the implementation of the accounting standards framework. Ms Tongurai holds a Bachelor’s degree in accounting from Chulalongkorn University, Thailand, and an MBA in accounting, finance and investment from the University of Wisconsin, USA.
Sukudhew (Sukhdave) Singh is Deputy Governor at Bank Negara Malaysia, with responsibility for Monetary Policy, Economics, International, Statistics, IT, Strategic Management and Human Capital Development. He is also a member of the Bank’s Monetary Policy Committee, Financial Stability Committee and Board of Directors. During his time with the Central Bank, Dr Singh has contributed to various other functional areas including financial stability, payment systems, human resource management, statistical information systems, and in the financial advisory role to the Government. He has chaired a number of regional taskforces, was co-chair of the SEACEN Experts Group on capital flows, and sits on the Board of Directors’ of The South East Asian Central Banks (SEACEN) Research and Training Centre. He was Malaysia’s negotiator for financial services in the Trans-Pacific Partnership (TPP) Free Trade Agreement negotiations. Dr Singh joined Bank Negara Malaysia in 1986. He holds a PhD in Monetary and International Economics from Vanderbilt University, USA.
Rajiv Anand is Group Executive & Head – Retail Banking at Axis Bank and handles retail liabilities, consumer lending & payments, digital banking, regional distribution, investment & insurance products, rural lending, financial inclusion, marketing and Retail Operations. Mr Anand joined the Bank from its asset management arm, Axis Asset Management Co. Ltd., in 2013, where he previously held the position of Managing Director & CEO. Over the course of his 25-year career, Mr Anand has held key management positions at leading global financial institutions. He brings strengths in capital markets and building new businesses to his responsibilities at the Bank. Mr Anand is a rank-holding qualified Chartered Accountant and holds a Bachelor’s degree in Commerce.
Hans Brown is the Head of Client Technology Solutions – Asia Pacific for BNY Mellon, responsible for leading all facets of technology delivery in the region. Prior to assuming his current role, Mr Brown was the Head of Technology Projects and Consultancy for the Asia Pacific region, where he was instrumental in building up and driving the technology execution capability to deliver the enhancements and capabilities required to enable business growth in APAC. He is a member of both the Executive Committee and Operating Committee for BNY Mellon in Asia Pacific. Mr Brown has been with BNY Mellon for five years, having started his career in London with the Asset Servicing Technology business in EMEA and transferred over to Singapore in 2012. Mr Brown has a wealth of experience in leveraging Agile methodologies to deliver technology solutions in the financial services, telecoms and consumer electronic industries. He also has an active interest in technology evolution and trends as well as the rise of fintech and APIs in financial markets. Mr Brown is acknowledged as an exceptional leader and high performer within BNY Mellon and is a recipient of the prestigious BNY Mellon’s Star Award. He has a Master of Science in International Technology Management from the University of Warwick, as well as a Master of Engineering in Civil and Structural Engineering from the University of Liverpool.
Vincent Choo was appointed Head of Group Risk Management of OCBC Bank in August 2014. As Chief Risk Officer, he covers the full spectrum of risk, including credit, technology and information security, liquidity, market and operational risk management. He reports jointly to both the Group CEO and the Board Risk Management Committee of OCBC Bank. Mr Choo joined OCBC Bank from Deutsche Bank AG, where his last appointment was Managing Director and Chief Risk Officer for Asia Pacific. In his 20 years at Deutsche Bank AG, he served in a number of senior roles including Head of Market Risk Management for Asia Pacific, with additional responsibilities for traded credit products, and head of new product approval for Asia. He holds an MA in Economics from the University of Akron.
Maureen DeRooij is the Asia-Pacific CEO for ABN AMRO Bank and is based in Singapore where she is also Country Executive. ABN AMRO Bank’s business in Asia-Pacific includes Corporate Advisory and Structured Finance with a focus on client segments in Natural Resources, Transportation & Logistics, Food, and Trade & Commodity Finance. The bank in this region also has Clearing operations in Sydney, Tokyo, Hong Kong and Singapore. Ms DeRooij previously worked for Standard Chartered Bank based in Singapore from 2005 as Global Head of Natural Resources and Commodity Trading before her later appointment as Group Chief Operating Officer for the Wholesale Banking business covering 50 countries. Before Standard Chartered, Ms DeRooij built the global structured commodity product capability for Citigroup, based in New York, and headed its Americas business. She was on the Board of Citigroup's International Trading Company as well as a member of the Editorial Board for Euromoney's Trade Finance Magazine. Ms DeRooij ran the North Americas Structured Commodity Business five years earlier for ABN AMRO Bank in Chicago. Ms DeRooij commenced her career at ABN AMRO Bank in the Netherlands where she held a number of executive positions including that of Senior Risk Approver advising on large-scale structured transactions for Northeast Asia. Ms DeRooij holds a Master's degree in Corporate Law (LLM) from the Rijksuniversiteit of Leiden and a MBA degree from the University of Chicago. Ms DeRooij served on the Singapore Management University's (SMU) International Trading Track and Research Committee and is currently a member of the Advisory Board Member for SMU's Lee Kong Chian School of Business. She is on the Board of the Europe-ASEAN Business Alliance and the Singapore World Wildlife Fund. She is a frequent speaker and chair of industry events organised by the Financial Times, Dow Jones, Euromoney, Reuters, the American and European Chambers of Commerce as well as industry commentator on Bloomberg and CNBC's Worldwide Exchange business news programme. She is a regular guest lecturer at INSEAD speaking on operational risk.
Felimy Greene is Managing Director and Regional Head of Customer Franchise responsible for digital banking, marketing, customer experience and decision management for Citi’s Consumer Banking business in Asia and EMEA. He leads a multi-disciplined team focused on delivering remarkable customer experiences across digital and physical channels, as well as leading a high-impact marketing strategy designed around Citi’s customer segments and focused urban presence.
Prior to this appointment, Mr. Greene was Asia Pacific Head of Digital Banking, responsible for driving Citi’s online and mobile banking strategy and delivering services for some 15 million customers in 12 countries. He has over 27 years of banking and technology experience, gained in Europe, the US and Asia Pacific, working with banks such as ANZ Bank, Merrill Lynch and Bank of America, in addition to a number of venture-backed and early-stage technology start-ups. Mr. Greeene is a Graduate of University College Dublin in Ireland.
Before creating Dianrong.com, Kevin Guo was the managing partner at the law firm Shanghai Yulan & Partners. During his 10 years of practice as an attorney, he was entrusted by multinational companies including Siemens, Google and Microsoft, to represent them in intellectual property matters, and served as a legal consultant for a number of venture capital funds. He has deep knowledge of the internet, finance and law. Mr Guo currently serves as a committee member of Shanghai Youth Federation, Vice-Chairman of Shanghai Huangpu District Youth Federation, a board member of Shanghai Finance Institute at China University of Political Science and Law, and Director of the Financial Innovation and Internet Finance Law Research Center at China University of Political Science and Law. He has been honored with the 13th Shanghai Top 10 IT Stars of the New Generation award, and was named the Shanghai Financial Industry Leader, an award jointly presented by Xinhua News Agency, the main financial management and regulatory agencies in Shanghai and Shanghai Municipal Office of Financial Services. Mr Guo holds an EMBA degree from the PBC School of Finance, Tsinghua University. As an industry expert participating in discussions on the development of China's internet finance policy, he co-authored the book Internet Finance Theories, Practices and Regulations with China’s top banking regulator, published at the end of 2014.
Sreeram Iyer is the Chief Operating Officer for ANZ Bank’s International & Institutional Banking business. Mr Iyer is responsible for supporting ANZ’s business strategies across several countries and generating value for customers through technology and by driving operations in all the regions of ANZ's business. His portfolio includes operations, technology, property, transformation and major programs. His focus is in institutional banking regionally and in the Asian retail banking businesses. Mr Iyer has more than 25 years of experience, including 18 years at Standard Chartered Bank, with experience across diverse functions, disciplines and geographies. He also set up and ran the bank’s offshore shared service centres. Mr Iyer holds an MBA from Henley Management College, UK; and is a Chartered Financial Analyst; a Member of the Institute of Cost and Management Accountants, India and a qualified Company Secretary.
Rob Jesudason is the Commonwealth Bank’s Group Executive, International Financial Services (IFS). He is responsible for managing the Group’s offshore growth in retail and commercial banking, digital banking and life insurance in China, India, Indonesia, Vietnam and South Africa, and is based out of Hong Kong. Focused on financial inclusion through digital banking and financial literacy, Mr Jesudason leads a team across Asia and South Africa to help bring to life the Group’s vision to excel at securing and enhancing the financial wellbeing of people, businesses and communities. With experience working and living in Asia, Europe, Africa, and Americas, Mr Jesudason brings strong expertise, unique perspectives, and a genuine passion for bringing financial services to more people worldwide. This is evidenced by the Group’s recent investment in Take Your Money Everywhere (TYME), a South African startup technology services company, which Mr Jesudason now leads. Mr Jesudason was also recently included in FinTech Asia’s 100 list, signifying the work going on across the Group to make Asia one of the most exciting fintech spaces globally. Mr Jesudason joined the Commonwealth Bank of Australia (CBA) in December 2011 as Group Executive, Group Strategic Development, and was responsible for the Group Strategy and M&A teams. He was also responsible for the group-wide One CommBank and Productivity initiatives, and was a non-executive Director and the shareholder representative of ASB Bank in New Zealand. Prior to CBA, Mr Jesudason worked at Credit Suisse where he was Head of Global Emerging Markets within the Financial Institutions Group (FIG) investment banking practice. In this role he was responsible for the FIG’s teams across APAC, CEEMEA and Latin America; and also advised CBA on its acquisition of Bankwest in 2008. Before Credit Suisse, Mr Jesudason worked at JPMorgan where he was a Managing Director in the Asian Special Situations Group responsible for investments in financial services, and at Barclays as Global Head of Corporate Development. Earlier in his career, Mr Jesudason worked at GE Capital, both in their European and Japanese M&A teams, as well as within their insurance business. He was also an Associate Principal in McKinsey's Corporate Finance and Strategy practice. He holds a Bachelor of Science in Managerial and Administrative Studies from the University of Aston in Birmingham, UK.
Sanjeev Karkhanis, is the Chief Risk Officer APAC and Group Managing Director of UBS AG. As Chief Risk Officer, he covers the full spectrum of cross divisional risk, including credit, market, and operational risk, across the whole of APAC. Mr Karkhanis joined UBS in Tokyo, and has since worked in Zurich, London and New York. He has held several management roles during his career including Head of Group Risk Aggregation, Chief Risk Officer Hedge Funds & High Net Worth, Managing Director of UBS Investment Bank, and Chief Risk Officer UBS Wealth Management. Mr Karkhanis completed his MBA at New York Stern Business School, and is qualified as a Chartered Accountant and Certified Financial Analyst.
Pawel Kuznicki is Chief Executive Officer and Co-Founder of Capital Match, a leading peer-to-peer lending platform for SMEs in Singapore. Before Capital Match, he worked at Rocket Internet, building Zalora and Lazada in Southeast Asia. He started his career at McKinsey & Company. Mr Kuznicki graduated with an MA Economics and Philosophy from the University of St. Andrews.
Gyorgy Ladics has over 20 years of banking experience. He was previously the Chief Information Officer for Emerging Markets at Barclays, where he provided essential business capabilities that enabled Barclays’ geographical expansion and entry into new markets such as India, Pakistan, Russia, and re-launched businesses in the UAE, Egypt and Uganda. Dr Ladics was a key member for M&A and integration activities for Barclays and completed the integration of Uganda Nile Bank and Russia Expobank into Barclays. Prior to joining Barclays, he was Vice President, Central Europe Region at Citigroup, where he held various senior positions such as Head of Operations and Technology – Czech Republic, Head of Technology for Central European Region, and Senior Operating Officer – Hungary. His work in Central Europe involved leading the standardisation and migration efforts into strategic end-state technology platforms and operating models. While in Hungary, he also led the technology efforts around the integration of ING retail bank into Citibank. Dr Ladics holds a Master’s Degree in Electrical Engineering and Informatics, and a Doctorate Degree from Budapest University of Technology and Economics.
Pascal Lambert took on the role of Group Country Head, Singapore and Head of Societe Generale Corporate & Investment Banking, Southeast Asia, when he moved to Singapore in September 2012. Prior to that, he was the Regional Chief Operating Officer for Societe Generale Corporate & Investment Banking in Asia Pacific, where he led the Global Business Services Group since January 2010. He joined Societe Generale Corporate & Investment Banking in Hong Kong in 2009 as Chief Operating Officer for Global Markets, Asia Pacific. Prior to joining Societe Generale, Mr Lambert spent most of his career at Bear Stearns as a Senior Managing Director and in various international assignments in Hong Kong, Dublin and London. He also spent a short period at JP Morgan in Hong Kong. He started his career at Banque Indosuez, in Djibouti, Mumbai and Tokyo. Mr Lambert is a graduate of Ecole Superieure des Sciences Economiques et Commerciales (ESSEC) with a specialisation in Finance.
John Lee Hin Hock
John Lee is the Group Chief Risk Officer (GCRO) of Maybank Group, one of the largest banking groups in ASEAN. As GCRO, he oversees the Group Risk function, where he has oversight of matters relating to credits, compliance, assets and liabilities management, liquidity management, credit risk management, market risk management, operational risk management and business continuity. As the GCRO, Dr Lee sits on the Executive Committee and various other management committees in the Group. Prior to joining Maybank, Dr Lee was a Partner at KPMG, where he completed numerous projects around the Asia Pacific region. He has a PhD in financial economics from Monash University and is also a FCPA of CPA Australia, and a Chartered Banker of the Asian Institute of Chartered Bankers. He was awarded the Bank Risk Manager of the Year award in 2013 by Asia Risk and the Risk Manager of the Year award by Asian Banker in 2014 for his contributions to the Group and the industry.
Lim Tuang Lee
Lim Tuang Lee is the Executive Director of the Prudential Policy Department, Monetary Authority of Singapore. As head of the department, he leads his team in formulating capital and prudential policies to foster a sound and dynamic financial sector. One key area of focus is the design of capital standards and the implementation of Basel III. In addition, the department formulates MAS’ policies on housing loans, unsecured credit, concentration limits, and deposit insurance. Prior to this appointment, Mr Lim headed the Risk Management Department. He was in charge of the holistic management of risks for the MAS, including investment risk management of Singapore’s official foreign reserves, business continuity planning and overall enterprise risk management for the MAS. During his time at the MAS, Mr Lim has also worked in other areas, including banking supervision, monetary management and strategic planning. He has a Bachelor of Accountancy (First Class Honours) from the Nanyang Technological University and a Master’s in Finance from the Université de Lausanne, Switzerland.
Tom Lodder is Managing Director and Head of Regulatory Policy, Barclays Legal Asia Pacific. Mr Lodder acts as a senior adviser to Barclays in the region on regulatory issues generally, with a particular focus on regulatory consultation and liaison and regulatory implementation in Asia. Mr Lodder has a particular interest in and focus on G20-led reforms impacting global and regional OTC and exchange traded derivative and securities markets. Mr Lodder joined Barclays in July 2004 from Clifford Chance. After a year’s secondment to Asia in 2005, he moved to Singapore with Barclays permanently in 2007.
Gerald Mackenzie is responsible for the definition of Credit Suisse’s Digital Channels business model, and for managing the day to day operations of the digital channels within the bank’s existing Private
Banking Asia Pacific business. He led the definition of the digital strategy for Credit Suisse in Asia Pacific and the initiation of the current digitization program. Mr Mackenzie joined Credit Suisse in 2007 and has played various roles driving business and technology strategy and consulting mandates, as well as ensuring the bank’s business operating model is optimized in relation to strategy and technology adoption. Prior to joining Credit Suisse, Mr Mackenzie worked for McKinsey & Co. on strategy engagements for clients globally, and led restructuring and turnaround advisory mandates across Asia Pacific for Ferrier Hodgson, a consulting firm specializing in corporate advisory, recovery and management consulting. He has substantial experience in corporate strategy, digital strategy and adoption as well as the delivery of change in businesses that are implementing large digitization initiatives. He has wide industry experience, working for and consulting to firms across finance, telecommunications, retail, manufacturing and primary industries. Mr Mackenzie is a graduate of the University of Canterbury (New Zealand) and holds a Master’s of Science in Organizational Psychology.
Lisa Robins is a Managing Director at Deutsche Bank and the Head of Global Transaction Banking and Vice Chair of the Corporate Investment Bank in Asia Pacific, based in Singapore. She is responsible for the bank’s commercial banking activities including cash management, trade finance, securities and trust services in Asia Pacific. Her international career spans over 30 years working across Europe, the US and Asia. Before joining Deutsche Bank, she was Managing Director, Vice Chairman for Treasury and Security Services for JP Morgan China. Prior to that, she ran a subsidiary of the Louis Dreyfus Corporation in Beijing that focused on consulting and trading.
Ms Robins co-founded a non-profit organisation in Paris, Chifrasie, that focused on providing seminars and training on doing business in China (1987-89). In 2016, she was conferred the IBF Fellow award by the Institute of Banking and Finance Singapore (IBF). The IBF Fellow title recognises industry veterans who exemplify thought leadership and commitment to industry development. In 2014, she was awarded ‘Transaction Banker of the Year Award’ by The Asset’s Triple A awards and also by The Asian Banker in 2013. In the same year she was named in the ‘Hall of Fame - Legend’ by the Global Custodian Magazine. In 2011, Finance Asia ranked Ms Robins as one of Top 20 Women in Finance. She is currently on the board of Deutsche Bank (China) Co, Ltd. She also sits on the board of OH!, a Singapore-based non-profit arts organisation and on Thomson Reuters Customer Advisory board in Singapore. Before moving to Singapore, she was a member to the Board of Directors of the American Chamber of Commerce (2010-2011) in China (Beijing) as well as the board of JPM’s banking subsidiary in China. An active proponent of developing women and diversity, she has been the co-chair of Deutsche Bank’s Women in Asian Business conference in 2013, 2014 and 2015, and is the Head of Diversity and Inclusion for Global Transaction Banking at Deutsche Bank. Ms Robins holds an MA from Stanford University, and graduated with honours in Asian Studies from Tufts University. She speaks Mandarin, having studied the language at Taiwan Normal University and Taipei Daily Language News School, and also speaks French.
Joydeep Sengupta leads McKinsey’s Asia-Pacific Banking Practice and has served leading financial institutions across multiple markets in Asia and Europe. He has deep expertise in architecting and executing multiyear business transformations. His experience in digital, strategy, organisation, risk, and change management allows him to counsel and work with CEOs on capturing value. His recent work includes supporting the transformation of leading banks and insurers in Asia, with a focus on innovation and changes in business models and culture driven by the new digital economy. He is also actively involved in serving regulators and policy makers across several markets in Asia on topics related to banking-sector blueprints, digital infrastructure, payment systems, and regulations. Mr Sengupta is currently a member of several policy-making groups in Asia, working on financial-sector and capital-market reform issues. He has authored several publications in the areas of digital banking, corporate and investment banking, retail banking, infrastructure, and organisational change. He holds a postgraduate diploma in business management from the Indian Institute of Management in Ahmedabad, India, and a Bachelor of Commerce from the University of Delhi.
Abhijit Singh heads the Retail Technology Group at ICICI Bank. He is responsible for the provision of technology services to the Retail Banking, Rural and Inclusive Banking, SME and mid- corporate segments. Mr Singh has over 15 years of experience covering a variety of roles in various industries, in multi-cultural setups at local, regional and global levels. He is experienced in managing large scale IT transformational projects across Retail & Commercial Banking, GTS, Private Banking and Global Markets. He is experienced in the set-up and management of IT captive organisation, servicing 50+ countries, providing technology development, production support and project delivery services. He is also experienced in setting up CoE for managing large scale core banking implementation and post- implementation support. As Head of Retail Technology Group at ICICI Bank, Mr Singh’s focus has been on helping the business by delivering high value innovative projects and ensuring availability and stability of systems. He has transformed the IT landscape through architectural changes, migration of Core Banking, Internet Banking and Mobile Banking platform, besides delivering mobility initiatives, many of them being FIRST in the industry. Prior to ICICI Bank, Mr Singh has held IT leadership roles in RBS, ANZ, ABN Amro Bank, NSE IT and Mahindra & Mahindra. He holds a Bachelor’s degree in Engineering from the University of Mumbai, India and an MBA in Finance from Jamnalal Bajaj Institute of Management Studies, Mumbai, India.
Maria van der Burgt
Maria C. van der Burgt is the Head of Monitoring and Surveillance Asia for Macquarie. In this role, she is responsible for electronic surveillance and compliance review in the Asia region. Her professional experience constitutes a mix of compliance, risk, internal audit and consulting. Ms van der Burgt has been in Asia for over 11 years, after spending the first nine years of her career as a management consultant (Europe coverage) with Ernst & Young and KPMG in the Netherlands. Ms van der Burgt holds a Master’s degree in Business Economics, a Post Master’s degree in Financial Controlling, and is a Certified Financial Services Auditor.
Scott Vincent has 13 years’ experience in risk management specialising in financial crime and is currently the Head of Financial Crime Risk, Asia Pacific of Bank of Tokyo-Mitsubishi UFJ. Based in Singapore, he is responsible for the bank's risk based financial crime programmes across 20 branches and subsidiaries in the region. His previous experience includes AML/CTF and Sanctions roles in Asia Pacific and EMEA with international banks including Commonwealth Bank, Royal Bank of Scotland and Sumitomo Mitsui Banking Corporation; consulting firms and Australia's AML/CTF regulator, AUSTRAC.
Le Xia is Chief Economist for Asia at BBVA Research Department. He also serves as a research fellow in the International Monetary Institute at Renmin University of China. Prior to joining BBVA Research, Dr Xia worked for the Treasury Department of Bank of China (Hong Kong). Dr Xia has extensive experience in economic research, particularly in monetary policy and the banking sector in emerging economies. He has published his works in both academic journals and the mass media. Dr Xia obtained his PhD from the University of Hong Kong and has a Master’s degree from Renmin University of China.
As part of the senior leadership team under the Group CEO, Janet Young spearheads digitalisation initiatives to build customer engagement and connectivity across all delivery channels to meet UOB Group’s vision to be a premier regional bank in Asia Pacific. Working with business and technology partners, she also leads the transformation of banking in the digital age, focused on business analytics for customer insights, customer experience, and embracing innovation to drive better outcomes for the Bank and its customers. Ms Young has over 25 years of banking and corporate experience in the region. Prior to joining to UOB, Ms Young served as the International Business Head for multinational corporations that are subsidiaries of Bank of America Merrill Lynch’s commercial banking clients from the US, a strategic growth area for the Bank. She held responsibility for Asia Pacific, Europe and Latin America. Prior to joining Bank of America, she led Marketing, e-Business, and Commercial Banking for HSBC Singapore. Before that, she was the China Treasury Director (based in Shanghai) and Asia Pacific Finance & Treasury Director for Philips Electronics. Ms Young has served on the boards of several government statutory bodies (Spring Singapore, Spring Equity Investments, IDA) and Chambers of Commerce in Singapore (AmCham, Singapore Chinese Chambers of Commerce). She currently sits on the Boards of IDA, Accuron Technologies, InnoVen, FinLab, and serves on the Growth Committee of Spring Singapore and the SAP APJ Business Advisory Council. She is also a member of Singapore’s Committee on the Future Economy (and the sub-committee for Future Corporate Capability and Innovation – SMEs), and the MBA Advisory Council, Nanyang Business School, Singapore.
Lawrence Yong is a recent entrepreneur, having stepped out of his corporate shell in September 2013. In 2012, after chancing upon the inclusive financial innovation of peer-to-business lending, Mr Yong found a new purpose to better meet the needs of the “underserved” in the financial system. MoolahSense, a peer-to-business lending platform, was established to expand SMEs’ sources of capital by connecting them to everyday investors. Its vision is to build a trusted online platform that empowers private individuals to stimulate economic growth by providing finance directly to growth businesses, in exchange for an attractive rate of interest. Prior to founding MoolahSense, Mr Yong worked extensively in the financial services sector for more than 12 years, acquiring a combination of front-to-back, buy- and sell-side experiences in the area of fixed income. Mr Yong spent the first half of his professional life in wealth management, with his last role heading an award-winning investment product team at Standard Chartered Bank. Before founding MoolahSense, Mr Yong was a Vice President at Macquarie Capital where he was closely involved in developing the sales and structuring business within the fixed income division. Mr Yong first graduated with a Bachelor of Business Administration with Honours from the National University of Singapore in 2002. He completed his Master’s of Financial Engineering from the same university in 2010. Mr Yong holds the professional designations of Financial Risk Manager (FRM) and Chartered Alternative Investment Analyst (CAIA).
Henny Sender joined the Financial Times in 2007. She was previously the Wall Street Journal's Senior Special Writer for the Money & Investing section and covered private equity and hedge funds. Before joining the Journal, Ms Sender worked in Hong Kong for nearly 10 years and covered regional finance for the Wall Street Journal Asia and the Far Eastern Economic Review. Prior to that, she was in Tokyo for five years for Institutional Investor. Ms Sender was part of a team at the Journal that won a Loeb award for coverage of the meltdown of Amaranth, a hedge fund. Her work on the overseas Chinese received a citation from the Overseas Press Club and she was a finalist for the National Magazine Awards. Her book on India, The Kashmiri Pandits, was published by Oxford University Press. Ms Sender holds an MS from the Columbia University School of Journalism. She is a member of the Council on Foreign Relations.
Jeevan Vasagar is Singapore correspondent for the Financial Times, focusing on the financial sector. Prior to this appointment he was the FT’s Berlin correspondent, where he covered the relationship between politics and business in Germany. Before that, he spent 12 years at the Guardian, including spells covering east Africa and writing about education policy. His freelance writing has appeared in the New Statesman, the Economist and the LA Times.
- Hear from C-suite leaders from prominent international and local banks, as they share their views on prevailing and emerging trends, as well as insights on their organisations’ strategies for competing in this region.
- Gain insights into how business models are changing in light of the current challenging macroeconomic environment, regulatory pressures, and the current wave of digital disruption.
- Examine the new landscape in which banks must compete alongside eCommerce companies, P2P lenders, third party payment platforms, robo advisers and auto finance companies.
- Share best practices on ensuring your bank’s activities are compliant with different regulations across the region
- Find out how banks can anticipate new risks and take measures to protect themselves early on.
- Network with the region’s most prominent decision makers from across the banking ecosystem, as well as senior journalists from the Financial Times.
This event is for C-suite executives other senior-level executives from the following sectors:
- Commercial banks
- Retail banks
- Private banks
- P2P lenders
- Online banks
- Investment banks
- Asset managers
- Fund houses
- Private equity firms
- Commodities providers
- Law firms
- Ratings agencies
- Technology companies
- Fintech companies
The recent economic slowdown in China, combined with the country’s rising debt levels, poses major challenges for many banks throughout the region. Chinese lenders have contributed to a vast credit bubble, having funded the country’s ambitious companies and fast-expanding property market. Some of these risks are already being transmitted to neighbouring financial centres, including Japan, Singapore, Hong Kong, Korea and Taiwan. With oil and other raw materials at multi-year lows, commodity exporters are suffering – which has key implications for banks in markets such as Malaysia and Indonesia. In addition, central banks across Asia are leaning toward looser monetary policies, and this low interest rate environment poses challenges for banks in terms of generating net interest margin.
At the same time, banks everywhere are under pressure to ramp up investment in various technologies, in order to compete with specialist marketplace lenders, payments providers, online robo-advisors, and other disruptors. Tech entrepreneurs are taking a keen interest in the financial services space, leading to the development of an active and increasingly competitive ecosystem of P2P lenders, third party payment platforms and auto finance companies. Banks have no choice but to keep up with the competition – either through acquisition of or collaboration with disrupters, or development of their own innovative service offerings.
As banks confront a tighter operating environment, a moderate deterioration in asset quality, and domestic growth headwinds in Asian markets, where can they turn to seek new high-margin revenue streams? Is consolidation likely in developing markets, as smaller, local banks face stiffer competition from larger ones? How are banks responding to the increased competition from nimble start-ups and fast-growing disruptors in the fintech space? Are regulatory policies conducive to driving innovation within banks – or conversely, to what extent are regulations inhibiting the development of new ways of banking?
Join us in Singapore to explore the answers to these questions at the inaugural Financial Times Asia Banking Forum. This unique, regional event will bring together policy makers, regulators, and C-suite and director-level executives from leading local and international banks, to share their perspectives and predictions on the future of Asia’s banking industry.
Knowledge Partner (1)
McKinsey & Company is a global management consulting firm, deeply committed to helping institutions in the private, public, and social sectors achieve lasting success. For over 90 years, our primary objective has been to serve as our clients' most trusted external advisor. With consultants in over 120 cities in more than 60 countries, across industries and functions, we bring unparalleled expertise to clients anywhere in the world. We work closely with teams at all levels of an organisation to shape winning strategies, mobilise for change, build capabilities and drive successful execution.
The McKinsey Center for Future Mobility was created to help business leaders and policy makers come to terms with a future that is increasingly autonomous, connected, electrified, and shared. Based in four global hubs (Beijing, Detroit, Munich, and Silicon Valley), our forward-thinking and integrated perspective, industry expertise, proprietary research, and global convening power give us a unique combination of assets to help clients navigate the mobility revolution.
Supporting Partner (5)
AIMA, the Alternative Investment Management Association, is the global representative of the alternative investment industry, with more than 1,900 corporate members in over 60 countries. AIMA’s fund manager members collectively manage more than $2 trillion in assets. AIMA draws upon the expertise and diversity of its membership to provide leadership in industry initiatives such as advocacy, policy and regulatory engagement, educational programmes and sound practice guides. AIMA works to raise media and public awareness of the value of the industry. AIMA set up the Alternative Credit Council (ACC) to help firms focused in the private credit and direct lending space. The ACC currently represents over 80 members that manage $500 billion of private credit assets globally. AIMA is committed to developing skills and education standards and is a co-founder of the Chartered Alternative Investment Analyst designation (CAIA) – the first and only specialised educational standard for alternative investment specialists. AIMA is governed by its Council (Board of Directors). For further information, please visit AIMA’s website, www.aima.org.
The CIFA Foundation was created at the initiative of a group of financial entrepreneurs to face the increasing number of regulations and the growing complexity of markets. Its mission is to strengthen the role of independent financial advisors (IFAs) at the international level in order to better defend the interests of investors. CIFA has chosen Geneva, one of the world capitals of wealth management and headquarters of many international organisations, to establish its permanent organisation.
The objective of the Association is to represent and support the general interests in Hong Kong of financial institutions incorporated outside the Asian financial hub; collect and disseminate information relating to the activities of foreign institutions which share an interest in growing their businesses in and from Hong Kong.
The scope of the Association further widened to also welcome non-bank financial institutions, such as insurance groups and asset management firms. In 2015, we decided to open our Association to law firms, private or public associations which are considered Financial Institutions or are involved in HK Financial Services Industry and we created a new category of membership called “Associate Members”.
The Association meets quarterly over luncheons with guest speakers share views and insights on topics of current interest. These meetings offer opportunities to get to know other fellow members of the HKFFIA. We have had many prominent figures from the Hong Kong SAR Government such as the Hong Kong Monetary Authority, the Treasury Department and the Stock Exchange etc.
The membership of the Association representing banks, insurance companies and fund managers from several European countries, Australia, Canada, China Chile, Hong Kong, Indonesia, Maritius, Singapore, South Africa, Switzerland & USA respectively.
The International Capital Market Association (ICMA) is a trade association and a unique organisation that is a highly influential voice for the global capital market. ICMA represents members worldwide, who are active in the international capital market on a cross border basis; and is distinct from other trade associations in representing both the buy-side and the sell-side of the industry. ICMA has its head office in Zurich, where it was founded in 1969, with a subsidiary in London and representative offices in Paris and Hong Kong.
ICMA’s market conventions and standards have been the pillars of the international debt market for almost 50 years. While ICMA has been most active in the international debt market, it takes full account of the increasing integration between the debt and equity, cash and derivatives markets, working with other trade associations where it makes sense to do so.
Membership continues to grow with currently around 500 members based in approximately 60 countries. ICMA members include global investment banks, commercial and regional banks, brokers, private banks, institutional asset managers, pension funds, central banks, sovereign wealth funds and other institutions with a pronounced interest in the securities market, such as supranational institutions, infrastructure providers, rating agencies, leading law firms and medias.
Acting as a one-stop hub for High Net Worth Individuals, Family Offices, industry professionals, experts, and the wealth community, PWA work with strategic stakeholders and our members to represent and help shape the private wealth scene.
Supporting Media Partners (7)
The Banker provides economic and financial intelligence for the world's financial sector and has built a reputation for objective and incisive reporting. It leads the debate on all the issues surrounding the global banking industry, providing in-depth news and analysis, exclusive interviews with senior industry figures and definitive regional bank listings, including the internationally acclaimed Top 1000 World Banks.
Caproasia.com is a leading source of information, data, research and resource for financial professionals in Asia. Collectively, they manage more than $20
Trillion assets in Asia in Private Banking, Wealth Management, Multi-Family Office, Family Office, Fund Management, Asset Management, Insurance, Private Equity
and Hedge Funds. More than 14,000 leading Wealth & Investment Professionals in Australia, Singapore, Hong Kong, Malaysia, Indonesia, India, China, United
Kingdom and United States visit caproasia.com every month.
At Conventus Law, we believe in delivering knowledge differently, we believe in being well informed.
Our products are highly informative, simple to access and easy to digest. Our services also happen to save clients time and costs.
As an online legal platform, we work with the very best law firms to produce timely legal analysis for businesses investing in Asia and beyond.
Singapore-based finews.asia is Asia’s leading news site for all professionals in the financial sector. finews.asia delivers real-time news about the financial industry: breaking news, feature stories, industry developments, opinions plus the latest on people and trends.
finews.asia was founded in 2015 by an independent team of journalists with extensive experience covering global financial services. The team has also successfully operated Switzerland's leading financial news site finews.ch since 2009.
Founded in July 2015, Fintechnews Singapore covers stories about the Fintech Ecosystem – i.e. Mobile Payment, Personal Finance, Bitcoin, Blockchain, Robo Advisor and Lending - and Startups in Singapore and Southeast Asia. Fintechnews.sg also provides a bi-weekly newsletter with the most important information about the Fintech industry in Southeast Asia.
The PRIVATEBANKING.COM wealth industry directory is the financial-industry’s leading online business development and networking platform focused on Wealth Management and Financial Services.
The platform offers effective marketing services and tools designed to achieve high brand recognition, broad visibility and reach to your products and services.
Privatebanking.com’s FINANCE LOUNGE business network is a vibrant and fast growing online community designed to help financial markets professionals to build network, increase visibility and identify and stay in touch with relevant industry experts and customers alike.
We invite you to join the FINANCE LOUNGE and gain access to business insights and new connections across the globe:
Please register at:
The Business Year (TBY) is a leading research firm and publisher of annual economic resources on national economies. Present in over 25 countries, TBY provides first-hand access to the people and ideas shaping business and policy throughout the world. Each country-specific edition contains a comprehensive range of interviews and analysis, offering an inside look at doing business in the world’s most dynamic economies. TBY’s interviewees, readers, and partners comprise an international network of thought-leaders who are helping to define the future of the global economy.
Analytics Partner (1)
Dealogic provides integrated content, analytics, and technology via a single complete solution to top financial firms worldwide. We help clients originate the right opportunities, distribute and participate in deals, and seamlessly track resource allocation and consumption.
As a partner to clients for more than 30 years, Dealogic has helped execute the world’s largest equity capital market issues, provided support for the biggest conferences and roadshows, delivered unrivaled content and predictive analytics tools, and supported leading asset management firms with corporate access and compliance solutions.
Seamlessly linking sellside and buyside firms, the integrated Dealogic platform creates a network of the world’s biggest banks and more than 250 leading institutional investors.
Whether working in banking, capital markets, sales and trading, or institutional investing, firms rely on us.
Visit www.dealogic.com for more information.
Exclusive PR Partner (1)
Bell Pottinger provides best-in-class public relations services to leading regional and multinational companies. We support clients across Asia through our regional headquarters in Singapore and our network of offices, which includes Malaysia, Hong Kong and Myanmar. Our team offers expert counsel across the spectrum of corporate and financial communications, public affairs and crisis management. We work in every industrial and commercial sector, from large-scale infrastructure projects to financial services and technology companies. We advise our clients on various opportunities and challenges, from IPO, M&A and corporate launches, to government relations and reputational issues. Our integrated approach is underpinned by a strong digital expertise and focused on delivering measurable business results.