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Infrastructure, Finance, Government/Foreign Direct Investment

World Bank - Singapore Infrastructure Finance Summit 2016

Connectivity and Sustainability in an Era of Volatile Markets and Disruptive Technologies

Singapore |
Speakers include:
Tharman Shanmugaratnam

Tharman Shanmugaratnam

Government of Singapore

Sri Mulyani Indrawati

Sri Mulyani Indrawati

Government of Indonesia

Joaquim Levy

Joaquim Levy

World Bank Group

Overview

Thank you to everybody who joined us at the World Bank - Singapore Infrastructure Finance Summit 2016 on 17 October in Singapore. We hope you enjoyed the inspiring keynotes, informative discussions and valuable networking opportunities.

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As governments and investors look to plug an infrastructure funding gap in Asia still estimated at around $1 trillion a year through to 2020, the landscape for infrastructure development and investment continues to evolve rapidly, influenced by ongoing macroeconomic uncertainty and volatile capital markets, transformative technological developments, and the stepping up of diplomatic initiatives on climate change and cross-border cooperation.

How will this landscape evolve further, and what are the most effective strategies to mobilise capital? What are the key project, financial and political risks in the current environment and how should they be managed? How are innovations in automation, big data, mobility and disruptive market and business processes reshaping planning and financing? What is the outlook for financing of renewables projects in emerging markets? What is the best way to implement new mega-regional projects like those expected to be launched under China’s Belt and Road initiative?

The World Bank-Singapore Infrastructure Finance Summit, now in its seventh year, will bring together senior policy-makers, investors, developers and advisors to discuss the new opportunities for public and private investment, and the steps that should be taken to achieve substantive progress.

fallback
fallback Add to my Calendar 10/17/2016 08:00:0010/17/2016 18:30:00trueWorld Bank - Singapore Infrastructure Finance Summit 2016Thank you to everybody who joined us at the World Bank - Singapore Infrastructure Finance Summit 2016 on 17 October in Singapore. We hope you enjoyed the inspiring keynotes, informative discussions and valuable networking opportunities.--------------------------------------------------------------------------------------------------------------------As governments and investors look to plug an infrastructure funding gap in Asia still estimated at around $1 trillion a year through to 2020, the landscape for infrastructure development and investment continues to evolve rapidly, influenced by ongoing macroeconomic uncertainty and volatile capital markets, transformative technological developments, and the stepping up of diplomatic initiatives on climate change and cross-border cooperation.How will this landscape evolve further, and what are the most effective strategies to mobilise capital? What are the key project, financial and political risks in the current environment and how should they be managed? How are innovations in automation, big data, mobility and disruptive market and business processes reshaping planning and financing? What is the outlook for financing of renewables projects in emerging markets? What is the best way to implement new mega-regional projects like those expected to be launched under China’s Belt and Road initiative?The World Bank-Singapore Infrastructure Finance Summit, now in its seventh year, will bring together senior policy-makers, investors, developers and advisors to discuss the new opportunities for public and private investment, and the steps that should be taken to achieve substantive progress.World-Bank---Singapore-Infrastructure-Finance-Summit-20169f85dede3887563ed2c41dac2335cf71MM/DD/YYYY

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Speakers (30)

Tharman Shanmugaratnam

Tharman Shanmugaratnam

Deputy Prime Minister and Coordinating Minister for Economic and Social Policies
Government of Singapore

Tharman Shanmugaratnam is Singapore’s Deputy Prime Minister and Coordinating Minister for Economic and Social Policies. He is in addition Chairman of the Monetary Authority of Singapore (MAS), Singapore’s central bank and financial regulator. DPM Tharman also chairs the Council for Skills, Innovation and Productivity (CSIP), which seeks to develop the skills of the future among Singaporeans, foster a culture of innovation and lifelong learning, and support productivity-driven growth. He was appointed by his international peers as Chairman of the International Monetary and Financial Committee (IMFC), the key policy forum of the IMF, for an extended period of four years from March 2011, and was its first Asian chair. He is also a member of the Group of Thirty, an independent global council of leading economic policy-makers, finance leaders and academics. DPM Tharman has spent his career in public service, in roles mainly around economic policy and education. He served as Minister for Finance for eight years, until September 2015, and was Minister for Education for five years.

Sri Mulyani Indrawati

Sri Mulyani Indrawati

Minister of Finance
Government of Indonesia

Sri Mulyani Indrawati is Minister of Finance in the Government of Indonesia, a position she has held since July 2016. An economist, she concurrently chairs the Development Committee, a ministerial-level forum of the World Bank Group and the International Monetary Fund for intergovernmental consensus-building on development issues. Sri Mulyani previously served as the World Bank's Managing Director and Chief Operating Officer, where she was responsible for the Bank's operations around the world and often represented the World Bank Group at the G20. She also chaired the International Development Association, the World Bank's fund for the poorest countries.

Prior to joining the World Bank, she served as Indonesia’s Minister of Finance from 2005 to 2010, in addition to being the Coordinating Minister of Economic Affairs from 2008 to 2009. She was also the Minister of National Development Planning between 2004 and 2005. In 2006, Sri Mulyani was named Finance Minister of the Year by Euromoney magazine and Best Finance Minister in Asia by Emerging Market Forum. She recently won the Best Minister Award at the Sixth Annual Gathering of the World Government Summit 2018 in Dubai, UAE. Sri Mulyani holds a PhD in Economics and an MS in Economics from the University of Illinois, Urbana-Champaign, and a BA in Economics from Universitas Indonesia. 

Joaquim Levy

Joaquim Levy

Managing Director and Chief Financial Officer
World Bank Group

As Managing Director and Chief Financial Officer, Joaquim Levy is responsible for the financial and risk management strategies of the World Bank Group and for the institutions that make up the Group. This includes development of new, innovative financial products and services, oversight of the financial reporting, risk management, and mobilisation of financial resources in alignment with the Group’s strategy. Dr Levy contributes to the international dialogue on financial standards and best practices, primarily through his representation of the Group at the Financial Stability Board. Dr Levy joined the World Bank Group in February 2016. Previously, he served as the Minister of Finance for the Federal Republic of Brazil, working with the President and government in reforming the world's fifth largest economy. From 2010 to 2014, he was CEO of Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários, a division of Banco Bradesco S.A., Brazil's second-largest private bank group, handling a portfolio of more than $130 billion. In 2007, Dr Levy was appointed as the Secretary of Finance of the State of Rio de Janeiro, leading the state to receive an investment-grade credit rating from Standard & Poor's in early 2010. From 2006, he was the Executive Vice President of Finance and Administration at the Inter-American Development Bank. In 2003, he was appointed as the Secretary of Brazil's National Treasury. In 2001, he was appointed as the Chief Economist at the Brazilian Ministry of Planning, Budget & Management. He became the Deputy Secretary of Economic Policy at the Brazilian Finance Ministry in 2000. Dr Levy also served as Board Member of Banco Nacional de Desenvolvimento Economico e Social. Prior to serving as a Visiting Economist at the European Central Bank from 1999 to 2000, he held several positions within the International Monetary Fund from 1992. Dr Levy holds a Doctorate in Economics from the University of Chicago, and a Master's in Economics from Getúlio Vargas Foundation. He graduated in Naval Architecture and Marine Engineering from the Federal University of Rio de Janeiro.

Michael Barrow

Michael Barrow

Director General, Private Sector Operations
Asian Development Bank

Michael Barrow is Director General for the Asian Development Bank (ADB)’s Private Sector Operations Department, which handles all of the Bank’s private infrastructure and financial institutions investments, lending and guarantees. He is concurrently on the board of Asian Climate Partners, a climate change-focused private equity fund established in Hong Kong. Prior to joining ADB in 2003, Michael worked for the Deutsche Bank group over the course of 15 years in London, Tokyo and Singapore, lastly as Director of both Project Finance and Transportation, with a project finance and PPP focus. He was also previously Senior Vice President in the Structured Finance Department of Sumitomo Mitsui Banking Corp in Singapore, handling project financing. Michael has an MA in Oriental Studies from Oxford University, UK.

Jean-Francois Beaudoin

Jean-Francois Beaudoin

Senior Vice President
Alstom Asia Pacific

Jean-François Beaudoin has been Senior Vice President, Alstom Asia Pacific since July 2016. He is also a member of the Executive Committee. In his role, Mr Beaudoin has overall responsibility for the business operations of Alstom in Asia Pacific. Prior to this, he was the Managing Director of the Rolling Stock (RS) business for Alstom Transport Asia-Pacific. In that role, he significantly grew the order backlog by more than 50 per cent through key breakthroughs in the Indian and Chinese markets and significantly localised the RS footprint in the region. Mr Beaudoin joined the Alstom Group in Paris in 2007 and has held various positions, including SVP Finance, VP of the Tramway platform, VP Finance Management Control, Project Audit Director, Financial Controller RS Urban, Executive Assistant to the COO and Technical Tender Manager. Prior to Alstom, he was Head of the Aerodynamics research department at PSA Peugeot Citroën. Mr Beaudoin graduated from Ecole Polytechnnique and obtained a PhD in Mathematics & Automatics from Mines ParisTech. He also attended the executive education programme at INSEAD, Paris.

Jennifer Blanke

Jennifer Blanke

Chief Economist
World Economic Forum

Jennifer Blanke is Chief Economist at the World Economic Forum. She was previously a Paris-based management consultant at Eurogroup (Mazars Group), where she specialised in banking and financial market organisation. Dr Blanke joined the World Economic Forum in 1998 as Senior Programme Manager, responsible for developing the business, management and technology section of the annual meeting in Davos. In 2002 she became a member of the Global Competitiveness and Benchmarking Network before becoming team head in 2007, and then taking on her current role in 2012. Dr Blanke has written and lectured extensively on issues related to national competitiveness and served as lead editor on a number of regional and topical reports related to economic growth and development. Her expertise centres on economic growth and development, national competitiveness and political economy. She has a Master's in International Affairs from Columbia University, and a Master's and PhD in International Economics from the Graduate Institute of International Studies in Geneva.

Alan  Bollard

Alan Bollard

Executive Director
APEC Secretariat

Alan Bollard is the Executive Director of the APEC Secretariat based in Singapore, the body that promotes trade, investment and sustainable economic growth in Asia-Pacific. Dr Bollard advances APEC’s agenda by executing APEC’s work programmes as mandated by leaders and ministers. Prior to joining APEC, Dr Bollard was the Governor of the Reserve Bank of New Zealand from 2002 to 2012. In that position, he was responsible for monetary policy and bank regulations, helping to steer New Zealand through the global financial crisis. From 1998 to 2002, Dr Bollard was the Secretary to the New Zealand Treasury. As the government’s principal economic adviser, he managed the Crown’s finances and helped guide economic policy. He has served as New Zealand’s Alternate Governor to the International Monetary Fund, the Asian Development Bank and the World Bank. From 1994-2008, he was the Chairman of the New Zealand Commerce Commission. Prior to this, from 1987-1994, he was Director of the New Zealand Institute of Economic Research. Dr Bollard has helped rebuild the famous MONIAC hydraulic model of the British economy. He has also designed a computer simulation game called OIKONOMOS where you play the role of a Minister of Finance. He wrote a best-selling account of the global financial crisis called Crisis: One Central Bank Governor and the Global Financial Collapse. More recently he has published a novel entitled The Rough Mechanical, and a biography of the New Zealand economist Bill Phillips. Dr Bollard has a PhD in Economics from the University of Auckland. He also has several honorary doctorates. In 2012, he was honoured as a Companion of the New Zealand Order of Merit.

Matthew Bubb

Matthew Bubb

Partner, Global Head of Utilities
Ashurst

Matthew Bubb has almost 20 years' experience advising on the development and financing of infrastructure and energy projects, with specialist expertise in the area of public-private partnerships.  He is currently based in Ashurst’s Tokyo office as a Partner and Global Head of Utilities, having previously led its South East Asian and South Asian infrastructure practice from Singapore for over 12 years. Mr Bubb has been recognised as a leading individual by Chambers Asia in the category of "Projects & Energy" from 2009-2016 and in "Banking & Finance" from 2010-2016; as a leading individual by Asia Pacific Legal 500 in "Banking & Finance" from 2009-2016 and in "Projects & Energy" from 2012-2016;  and as a leading lawyer by IFLR1000 in Banking from 2011-2015. He has been a Partner with Ashurst since 2006. As well as being qualified as a solicitor in England and Wales, Mr Bubb is also admitted to practice in South Australia and Victoria, Australia. He has a Bachelor of Commerce and a Bachelor of Laws from the University of Adelaide, Australia.

Andrew Claerhout

Andrew Claerhout

Senior Vice-President, Infrastructure & Natural Resources
Ontario Teachers’ Pension Plan

Andrew Claerhout leads Teachers’ Infrastructure & Natural Resources Group. He is responsible for delivering long-term, predictable value and hedges against inflation by making direct investments in infrastructure on a global basis. Additionally, Mr Claerhout is responsible for physical investments in natural resources, such as timberlands, oil and gas assets and farmland. Mr Claerhout joined Ontario Teachers’ in 2005 and has held positions of increasing responsibility culminating with his appointment as Senior Vice-President, Infrastructure in 2013. Prior to that he was Vice-President, Private Capital, where he managed the consumer, retail and industrial sectors. Mr Claerhout also previously headed Ontario Teachers’ London office from its opening in 2007 until returning to Toronto in 2009. Mr Claerhout has extensive international experience, having worked for Pacific Equity Partners in Australia and Bain & Company in Hong Kong before his involvement with Ontario Teachers’ in the UK. While at Private Capital, he was involved in a number of private equity transactions across various geographies and industries. Mr Claerhout is a member of the Heritage Resource Advisory Board, a director of Global Container Terminals and Heart & Stroke Foundation of Canada, and serves on the boards of Ontario Airport Investments Limited and AndesCan. He earned his HBA at the Ivey Business School at Western University, completed the Stanford Executive Program, and has an ICD.D certification from the Institute of Corporate Directors.

Mark Delaney

Mark Delaney

Deputy Chief Executive and Chief Investment Officer
AustralianSuper

Mark Delaney is the Deputy Chief Executive and Chief Investment Officer of AustralianSuper. He was the Chief Executive of the Superannuation Trust of Australia for three years prior to the merger with Australian Retirement Fund to form AustralianSuper. Prior to AustralianSuper, Mr Delaney worked for 14 years at National Mutual/AXA, moving his way through the company from Economist to Senior Manager of Investment Services. He also spent four years working as an economist in the Federal Department of Treasury. Mr Delaney is also currently a Director of Industry Superannuation Property Trust (ISPT) and the IFM Investor Advisory Board. He has a Bachelor of Economics (Hons) and holds the Chartered Financial Analyst (CFA) designation.

Tanya Denning

Tanya Denning

Partner
Ashurst

Tanya Denning is Partner in Ashurst's Corporate Projects team in Australia, and has rapidly forged a reputation as one of Australia's market-leading experts in the energy, resources and utilities sector.  Ms Denning’s practice is at the forefront of new energy, advising on a range of innovative products and services, businesses and technology. As the Head of the Melbourne energy and resources practice, Ms Denning focuses on energy, resources and utilities projects, corporate transactional work and all aspects of energy and resources law. She has acted on some of the world's leading energy projects and transactions and advises on generation (conventional, renewables and distributed), wholesale and retail markets, connection and access, and residential, business and C&I energy products and services. Clients particularly value her experience in cross-border, multi-jurisdictional transactions, and projects and transactions that break new ground and require a solutions-driven and innovative approach. Ms Denning's comprehensive knowledge of the energy and resources sector and expertise in energy transactions and projects have seen her involved in many of Australia's landmark projects, such as NBN's deal with Telstra, the Gladstone LNG Project, BHP Billiton's Olympic Dam proposed expansion, Nyrstar's Port Pirie Transformation project, AGL's battery storage virtual power plant investment and pilot electric vehicle project, and autonomous mining operations in Australia.

Terry  Fanous

Terry Fanous

Managing Director
Moody’s Investors Service

Terry Fanous is Managing Director, Moody’s Investor Service in Singapore and has over 25 years of experience in credit ratings and bank credit risk management.  In his current role since 2015, he leads Public, Project & Infrastructure Finance in Asia Pacific.  He oversees ratings teams in Hong Kong, China, Singapore, Australia, and Japan which are responsible for Moody’s extensive coverage across the public and infrastructure sectors, including transport infrastructure, regulated utilities, power and social infrastructure.  Prior to this he spent seven years as an Associate Managing Director and head of corporate, project and infrastructure finance ratings for Australasia, based in Sydney. During that period, Moody’s rating coverage for this region grew substantially to more than 100 rated issuers.  Mr Fanous was also previously responsible for Moody’s coverage of the oil and gas as well as mining sectors in Asia Pacific.  Before joining Moody’s in 2000, he worked for around 12 years in various risk management and credit origination roles at Westpac Institutional Bank in Sydney. His last position at Westpac was Senior Manager, Credit and Divisional Credit Officer, responsible for approving credit exposures to institutional clients.

Anita George

Anita George

Executive Vice-President, Strategic Partnerships- Growth Markets
Caisse de dépot et Placement de Québec (CDPQ)

Anita George is Executive Vice-President, Strategic Partnership – Growth Markets of Caisse de dépot et Placement de Québec (CDPQ). Her mandate is to implement a key pillar of CDPQ’s strategy,which aims to increase its international exposure in targeted growth markets by sourcing the best investment opportunities and developing the organization’s network of sustainable and high-quality local partnerships. She is responsible for growth markets partnerships and sits on CDPQ’s Executive and Investment-Risk Committees. Prior to her current role, Ms George was Executive Vice-President, Growth Markets of CDPQ, a position she assumed in August 2017. She joined CDPQ as Managing Director, South Asia in April 2016. Ms George brings to the organisation her in-depth knowledge of several growth markets and has extensive experience in managing global infrastructure investment portfolios. Before joining CDPQ, she was Senior Director of the World Bank’s Energy and Extractive Industries Global Practice. She also held the positions of Director, Infrastructure and Natural Resources of the International Finance Corporation, a member of the World Bank Group, and Head of Siemens Financial Services in India. Her various roles have led her to work in several regions of the world, including Europe, Asia, the Middle East and Africa. Ms George holds a BA in Economics and Spanish from Smith College, in Massachusetts, and a Masters in Economics and an MBA in Finance from Boston University.

Paul Gruenwald

Paul Gruenwald

Chief Economist, Asia Pacific
S&P Global Ratings

Paul Gruenwald is the Chief Asia-Pacific Economist at S&P Global Ratings. Based in Singapore, he leads the economic research agenda and serves as the primary spokesperson on macro-economic matters across the region. Before joining S&P Global Ratings, Dr Gruenwald spent almost five years at Australia and New Zealand Banking Group (ANZ) as the Asia-Pacific Chief Economist, responsible for helping set and direct ANZ’s Asian and global economic research agenda, as well as building the bank’s economic research efforts and profile in the region. Previously, he worked at the International Monetary Fund for nearly 16 years, where he led the team producing the IMF’s Asian regional outlook reports. He was also the IMF Resident Representative to Hong Kong and Korea, the Deputy Chief of the China Division, and the country desk officer for Australia. Dr Gruenwald has a PhD in Economics from Columbia University and a Bachelor’s degree in Economics/Mathematics from the University of Texas.

Najeeb Haider

Najeeb Haider

Principal Strategy Officer
Asian Infrastructure Investment Bank (AIIB)

Najeeb Haider is Principal Strategy Officer for the Asian Infrastructure Investment Bank (AIIB). Prior to joining AIIB in September this year, Mr Haider worked for Citicorp International Limited (CIL). He spent most of his 21 years with CIL in the project and infrastructure finance business, and his last position held was Managing Director and Asia Pacific Head for the business. He was based out of Hong Kong for 19 years and prior to that in Karachi. Previously he worked in the corporate banking departments of Chase Manhattan Bank (four years) and Bank of America (two years). Mr Haider holds BBA and MBA degrees from the Institute of Business Administration, University of Karachi.

Carsten Hess

Carsten Hess

Vice President and Head of Corporate Public Policy, Asia Pacific & EEMEA
Deutsche Post DHL Group

Carsten Hess is Vice President and Head of Corporate Public Policy, Asia Pacific & EEMEA (Eastern Europe, Middle East and Africa) for Deutsche Post DHL Group (DP DHL), based in Hong Kong. Mr Hess has been working in Corporate Public Policy for DP DHL for over 13 years. Before he began overseeing the Asia Pacific region in 2013, he was the Head of European Corporate Representation for DP DHL in Brussels. Before joining  DP DHL, Mr Hess worked at MCI (formerly WorldCom) as Director, European Affairs, and General Electric International as Counsel, European Affairs. He is currently a Member of the 2nd Expert Committee of the APEC E-Commerce Business Alliance and an Executive Board Member of the EU-ASEAN Business Council. He was the Chairman of the Executive Committee of the Alliance for European Logistics, a cross-sector industry logistics roundtable in Brussels from 2009-2013, and a Member of the Board of the International Yehudi Menuhin Foundation, a Brussels-based NGO from 2006-2012. Mr Hess studied Journalism and also holds a degree in European Law from the University of Hamburg, Germany.

Ross Israel

Ross Israel

Head of Global Infrastructure
QIC

Ross Israel co-founded QIC Global Infrastructure in early 2006. He provides overall leadership to the team and has had oversight on all of the team’s investments. In addition to his infrastructure responsibilities, Mr Israel is a member of QIC’s Executive Committee and the QIC Private Capital Investment Committee. He has over 24 years of experience in the field of corporate finance and funds management, with specialist skills in infrastructure, asset management, capital raisings and M&A. Prior to QIC, Mr Israel was with AMP Capital from 2000 to 2005. He co-led the AMP team responsible for the creation of the Diversified Utility and Energy Trusts (DUET), after which he was seconded into the management joint venture between AMP Capital and Macquarie Bank established prior to DUET’s listing on the ASX in August 2004. He was DUET’s Chief Operating Officer until his departure to QIC.  Prior to joining AMP Capital, Mr Israel worked for ABN AMRO and BZW in their Australian Infrastructure Corporate Advisory and London M&A teams, and with Ernst & Young in their Sydney Corporate Tax division. He is currently a director of Lochard Energy, and an alternate director of Brisbane Airport Corporation and Port of Brisbane. Mr Israel holds a Bachelor of Commerce and Bachelor of Law from the University of Queensland.

Rajeev Kannan

Rajeev Kannan

Executive Officer, Head of Investment Banking Asia
Sumitomo Mitsui Banking Corporation

Rajeev Kannan is Executive Officer and, Head of Investment Banking, Asia of Sumitomo Mitsui Banking Corporation (SMBC).  Currently based in Singapore he joined the SMBC in 1997 and has over 22 years of investment banking and debt finance experience globally.  He is currently responsible for products including derivatives, syndications, project finance, ECA finance, asset finance, securitisation, and M&A and sponsor finance. He worked out of the Tokyo headquarters from 2012 to 2015 as Director and General Manager of the Structured Finance Department covering the structured finance business in Japan and globally, and before that as General Manager of the Project & Export Finance Department. He was the first non-Japanese Director/General Manager to be based in SMBC’s Tokyo headquarters.   Mr Kannan was previously SMBC’s Head of Structured Finance Asia Pacific in Singapore, with responsibility for infrastructure & project finance, M&A and sponsor finance, ECA finance, and aircraft finance for the region.  He has also been involved in key SMBC initiatives in Asia including FDN in Columbia, and is a member of Board Director of Clifford Capital Pte Ltd, on the Board of Commissioners of PT Indonesia Infrastructure Finance (IIF), and sits on the investment committee of Core India Infrastructure Fund.   Prior to joining SMBC, Mr Kannan worked for ICICI Bank in Mumbai for from 1994 to 1997.  He holds a Masters Degree in Management and Engineering from Birla Institute of Technology & Science (BITS), Pilani in India.

Suyi Kim

Suyi Kim

Head of Asia Pacific
Canada Pension Plan Investment Board

Suyi Kim is responsible for leading Canada Pension Plan Investment Board (CPPIB)’s investment activities in Asia and overseeing CPPIB’s portfolio of Asian investments. Ms Kim joined CPPIB in 2007, establishing its first international office in Hong Kong, and has overseen the private equity business in Asia as Head of Private Equity Asia. Her private equity investment experience also includes her career at Teacher’s Private Capital, the private equity group of Ontario Teachers’ Pension Plan and the Carlyle Group’s Asia Buyout. She also worked at McKinsey & Co and PricewaterhouseCoopers. Ms Kim received her MBA from Stanford Business School and a BA from Seoul National University. She is also a Certified Public Accountant.

Jae Hyung Kwon

Jae Hyung Kwon

Head of North Asia
Multilateral Investment Guarantee Agency (MIGA)

Jae Hyung Kwon is MIGA’s Head of North Asia and Representative to Korea. In this role, he is responsible for developing MIGA’s political risk insurance and credit enhancement business in the North Asia region. Prior to this role, Mr Kwong worked as an underwriter in the Infrastructure Team at MIGA, based in Washington DC, focusing on the water and transportation sectors. Prior to joining MIGA, he was based in Singapore and Korea working in the field of project and export finance at Standard Chartered Bank, providing financing solutions for infrastructure projects throughout Asia. Mr Kwong holds an MBA from INSEAD in France and a BA from Yonsei University in Korea.

Kian Min Low

Kian Min Low

Chief Development Officer
JERA Energy Development Asia

Kian Min Low is Chief Development Officer at JERA Energy Development Asia.  He holds two decades of experience in the power industry. Prior to joining JERA, he was the Head of Business Development for ASEAN at Sembcorp Industries where he led the company’s expansion into Myanmar with the Myingyan power project – the first internationally tendered and project financed power transaction in that country. He was formerly the CEO of PT Paiton Energy, Indonesia’s largest Independent Power Plant, where he led the development, construction and operation of the 815-megawatt coal-fired Paiton III project.  Mr Low previously served as Deputy Regional Director (Asia), Head of Business Development (Australia), and General Counsel (Australia) at International Power which is now part of Engie. He is a graduate of the Australian National University and holds Bachelor degrees in Commerce and Law.

Leslie Maasdorp

Leslie Maasdorp

Chief Financial Officer
New Development Bank

Leslie Maasdorp is Vice President and Chief Financial Officer of the New Development Bank. In this role he is responsible for the treasury, portfolio management, finance and accounting functions of the Bank. Over the past 25 years, Mr Maasdorp has occupied senior leadership roles in both the private and public sectors. Most recently he served as a Managing Director and President of Bank of America Merrill Lynch for Southern Africa for a period of four years. Prior to that he served in a dual role as Vice Chairman of Barclays Capital and Absa Capital. In 2002 he was the first African to be appointed as International Advisor to Goldman Sachs International. Before his 13 years as a global investment banker, Mr Maasdorp served in several senior leadership roles in the Government of South Africa. In 1994 after the transition to democracy, he was appointed as Special Advisor to the Minister of Labour and in 1999, in his role as Deputy Director General of the Department of Public Enterprises, he led the restructuring and privatisation of state-owned enterprises for the South African Government. He is also a former Chairman and CEO of Advtech, a leading provider of private education in South Africa. Mr Maasdorp is a young global leader of the World Economic Forum. He holds a BA degree in Economics and Psychology from the University of the Western Cape and a Master of Science degree in Economics from the School of Oriental and African Studies at the University of London.

Tadashi Maeda

Tadashi Maeda

CEO and Executive Managing Director
Japan Bank for International Cooperation (JBIC)

Tadashi Maeda is CEO and Executive Managing Director of the Japan Bank for International Cooperation (JBIC). Mr Maeda has held various positions at JBIC, including Representative in Washington DC; Director General of Energy, Natural Resources Finance Department; Director General of Corporate Planning Department; Managing Executive Officer & Global Head of Infrastructure and Environment Finance Group; Representative Director; and Senior Managing Director. Between 2010 and 2012, Mr Maeda served as Special Advisor to the Cabinet and provided the Prime Minister and Chief Cabinet Secretary with advice on new economic growth strategy, energy policy, and infrastructure development policy, with reference to the international market. He also served as a member of the Nuclear Damage Liability Facilitation Fund Steering Committee from 2011 to 2013. He became a Council member of the International Institute of Strategic Studies (IISS) in 2014. Mr Maeda graduated from the University of Tokyo Faculty of Law.

Geert Peeters

Geert Peeters

Executive Director and Chief Financial Officer
CLP Holdings

Geert Peeters has been Chief Financial Officer of CLP Holdings Ltd since April 2014, responsible for Group financial control and reporting, Group treasury, Group tax, and Group corporate finance, risk management and investor relations. He was appointed Executive Director in January 2016. Mr Peeters has over 25 years of experience in the energy industry. Prior to joining CLP, he was the Deputy Chief Financial Officer of GDF SUEZ Group (now known as ENGIE), based in Paris. Mr Peeters was with GDF SUEZ from 1997 to 2013, where he gained extensive experience in senior financial and operational roles in Europe, Latin America, the Middle East and North America. He also served as Executive Director and Chief Financial Officer of International Power plc, a GDF SUEZ subsidiary listed on the London Stock Exchange and part of the FTSE 100 index. Before joining GDF SUEZ, Mr Peeters worked for KBC Bank in Brussels and New York and for Tractebel Energy Engineering at the Doel Nuclear Power Plant in Antwerp, Belgium. Mr Peeters has served on the boards of several energy companies, including E-CL (Chile) and Glow Energy (Thailand). Mr Peeters, a Knight in the Order of Leopold, has a Master of Science (Hons) in Electro Mechanical Engineering from Ghent University, Belgium, and a postgraduate degree in Business and IT Administration from HEC Brussels. He attended executive business training at INSEAD in Paris.

William Powell

William Powell

CEO
Brookfield Asia Pacific

Bill Powell is a Senior Managing Partner and Chief Executive Officer of Brookfield Asia Pacific. Over the last 12 months, Brookfield has closed a number of alternative investment funds, including the largest infrastructure fund raised to date – the US$14 billion Brookfield Infrastructure Fund III -- as well as the US$9 billion Brookfield Strategic Real Estate Partners II and the US$4 billion Brookfield Capital Partners IV. Mr Powell joined Brookfield in 2002 and since then has held a number of roles across the organisation. He was initially a Partner in Brookfield’s Real Estate Finance Fund (BREF) business before becoming Brookfield Asset Management’s Global Treasurer. Prior to joining Brookfield, Mr Powell held various senior management positions within the real estate capital markets groups at a number of investment management firms. He holds a BS in Accounting from the University of Richmond in the US, and an MBA from the Darden School of the University of Virginia.

Paul Rhodes

Paul Rhodes

Managing Director, Financing Group
Goldman Sachs

Paul Rhodes is a member of Goldman Sachs' Investment Banking Solutions team in Asia Pacific Ex-Japan, particularly focused on the sovereign and sub-sovereign client franchise. He serves on the Asia Standards Review Group and is the principal officer of Goldman Sachs (Labuan) Investment Bank Limited. Previously, he was a member of the Fixed Income, Currency and Commodities Structuring team in the Securities Division from 2004 to 2006. Mr Rhodes joined Goldman Sachs in 2004 in Hong Kong and was named a Managing Director in 2011. Prior to joining the firm, he worked in quantitative modeling and structuring roles in foreign exchange and interest rate derivatives in both London and Singapore. Mr Rhodes earned an MA in Mathematics from Gonville and Caius College, University of Cambridge, and is a founder of the college's Court of Benefactors. He is a CFA charterholder.

Mukund Sridhar

Mukund Sridhar

Partner
McKinsey & Company

Mukund Sridhar is a Partner at McKinsey & Company. Based in Singapore, he co-leads McKinsey’s Capital Projects & Infrastructure practice in Southeast Asia. Mr Sridhar works with asset owners and developers, engineering and construction contractors, investors, real estate firms and government entities. He brings over a decade of experience on strategy, organisation, large-scale transformations, and optimising large capital investments for cost, schedule and risk. Mr Sridhar also leads McKinsey’s global research on digital and technology innovations in construction and capital projects, and McKinsey’s outreach to start-ups and innovators in this space. Prior to joining McKinsey, Mr Sridhar worked at an international projects division of a leading industrial seals company in Germany and at a leading global fuel systems manufacturing company in India. He holds an MBA from the Indian Institute of Management, Bangalore and a BEng in Mechanical Engineering from the National Institute of Technology, India.

Chin Hwee Tan

Chin Hwee Tan

CEO, Asia Pacific
Trafigura

Chin Hwee Tan joined Trafigura in 2016 as CEO, Asia Pacific for the Trafigura Group. He is responsible for continuing the growth of Trafigura’s business across the region. He has more than 20 years of experience in management and financial roles. Prior to joining Trafigura, he was most recently the Founder of the Asian operations of Apollo Global Management, and before that, Managing Director at hedge fund Amaranth Advisors. He holds an MBA from Yale University, and is a board member of a number of organisations including the Monetary Authority of Singapore’s Financial Centre Advisory Panel. Established in 1993, Trafigura is a leader in the commodities business. The Group has achieved substantial growth in recent years, with revenue rising from US$18billion in 2004 to US$97 billion in 2015. Its primary trading businesses are the supply and transport of crude oil, petroleum products, renewable energies, coal, refined metals, ferrous and non-ferrous ores and concentrates.

Ray Tay

Ray Tay

Vice President - Senior Analyst, Project and Infrastructure Finance Group
Moody's Investors Service

Ray Tay is a Vice President – Senior Analyst in Moody’s Project and Infrastructure Finance Group, based in Singapore. He covers ports, airports, utilities and other infrastructure credits in China, South and Southeast Asia. Before joining Moody’s, Mr Tay was a Director with the Global Infrastructure & Projects Group at KPMG. In this role, he advised public and private sector clients on a variety of infrastructure projects in Asia Pacific and the Middle East. Prior to that, he worked as a Senior Business Analyst with the Singapore Power Group, focusing on regulatory economics in each of its principal local operating subsidiaries. Mr Tay holds a Bachelor’s in Economics with honours from the National University of Singapore.

Marat Zapparov

Marat Zapparov

Director, Infrastructure
Clifford Capital

Marat Zapparov leads the Infrastructure team at Clifford Capital, a non-bank financial institution set up by Temasek, DBS Bank, Sumitomo Mitsui Banking Corporation, Standard Chartered Bank, John Hancock Life, and Prudential, with support from the Government of Singapore. Clifford Capital is a specialist provider of project and asset-backed finance established to act as a catalyst for companies with a meaningful presence in Singapore, in support of their investments or exports overseas. Mr Zapparov is responsible for origination, structuring and execution of infrastructure debt investments for the company. He is leading the Clifford Capital transaction team acting as Initial Mandated Lead Arranger and Documentation Bank on the Myingyan Independent Power Project in Myanmar. Beyond Myanmar, the Infrastructure team is engaged in a number of first-of-a-kind financings across power, water, transportation, LNG and other sectors in Asia, Middle East and Latin America. Mr Zapparov has over 12 years of experience, including six in Asia Pacific, and has closed a number of high-profile award-winning financings in the region, across energy, infrastructure and resources sectors in Vietnam, Malaysia, Philippines, India and the broader Asia region. He started his career in London where he advised on energy and infrastructure financing and M&A in Europe, Russia/CIS and the Middle East. Mr Zapparov holds a BSc in Mathematics and Philosophy from the University of Southampton, UK and is a Chartered Accountant.

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Chair and Moderators (6)

Jamil Anderlini

Jamil Anderlini

Asia Editor
Financial Times

Jamil Anderlini is the Financial Times’ Asia Editor, appointed in 2015. He oversees the FT’s coverage of the Asia region from Afghanistan to Australia, including China, India, Indonesia and Japan. In addition to directing the work of regional correspondents and overseeing the editing and commissioning team in Hong Kong, Mr Anderlini is an award-winning journalist and published author.  He is fluent in spoken and written Mandarin Chinese.  After a decade and a half working as an editor and journalist in China, he has cultivated a deep knowledge of the political and economic situation in that country. He regularly contributes commentary for other media, including CNN, BBC, CNBC, ABC and Al-Jazeera. He also selectively accepts speaking engagements with corporations, financial institutions, universities, government departments and agencies. Mr Anderlini joined the FT in 2007 and worked as Beijing Correspondent and Deputy Beijing Bureau Chief before he was named Beijing Bureau Chief in 2011, with overall responsiblilty for China coverage at the FT. Mr Anderlini has won numerous reporting prizes, both individually and as part of FT teams. In 2010, he was named Journalist of the Year at the Society of Publishers in Asia (SOPA) Editorial Excellence Awards and won the Best Digital Award at the Amnesty International Media Awards. Other prizes include a UK Foreign Press Association Award in 2008, several individual SOPA awards and the inaugural Jones-Mauthner Award in 2012, which recognises outstanding reporting of international affairs by a young reporter at the Financial Times. In 2013, Mr Anderlini was named a Young Global Leader by the World Economic Forum and short-listed for both Foreign Reporter of the Year at the Press Awards in the UK and also the Orwell Prize, the UK's most prestigious prize for political writing. Prior to joining the FT, he was Beijing Business Correspondent for the South China Morning Post for two years. Before that, he was Chief Editor of the China Economic Review. He is the author of the e-book The Bo Xilai Scandal, published by Penguin and Financial Times in 2012.

Vivek Pathak

Vivek Pathak

Regional Director, East Asia and the Pacific
International Finance Corporation

Vivek Pathak has been Regional Director for East Asia and the Pacific with the International Finance Corporation (IFC) since October 2014. He has extensive emerging markets experience in principal investments, restructuring and risk management across all industry sectors. Mr Pathak joined IFC in 1998 and has since covered Asia-Pacific, Middle East, North Africa and Central Asia in various leadership capacities. Based in Hong Kong, he leads IFC’s advisory and investment operations across 18 countries, which in fiscal 2019 reached US$3.8 billion in long-term investments, including funds mobilised from other investors. Previously, Mr Pathak served as IFC Director for Investment and Credit Risk based in Washington DC, managing a professional team responsible for global coverage of credit risk, investment risk, integrity risk, pricing and credit/equity training. Prior to that, he oversaw IFC’s portfolio in the Middle East and North Africa, and led IFC’s business development efforts in frontier markets such as Afghanistan, Iraq and Iran. Before joining IFC, Mr Pathak worked with Bank of America and ABN AMRO Bank in new business and risk management. In his capacity as Head of Risk Management at ABN AMRO Bank Thailand, he was responsible for managing a large and diverse portfolio during the Asian financial crisis. 

John Roome

John Roome

Senior Director, Climate Change
World Bank Group

John Roome is Senior Director for Climate Change at the World Bank Group. In this role he leads the World Bank Group’s engagement on climate change. Prior to this assignment, Mr Roome was Operations and Strategy Director for Global Practices and Cross Cutting Solutions at the World Bank Group. He previously served as Director for Sustainable Development in the Bank’s East Asia Region, responsible for working with 22 client countries in the water, urban, transport, energy, rural, agriculture, environment and social sectors, as well as in disaster risk management and climate change. Mr Roome has also worked as Operations and Strategy Director in the Bank’s South Asia region and as Operational Quality Director in the Bank’s Africa region for about five years. He joined the World Bank Group in 1989, working initially in Africa. There he focused mainly on infrastructure issues including roads programmes, the aviation and water sectors, and doing deals for the World Bank Group’s private sector arm IFC, in the banking, mining and agro-industry sectors. Before joining the World Bank Group, Mr Roome worked in Europe for Monitor Company, a leading corporate strategy consulting firm, and at Old Mutual, a South African life assurance company. He was educated at Oxford University, where he obtained Master’s degrees in Econometrics and in Management Studies, and the University of Cape Town where he obtained a Bachelor’s degree in Economics, Statistics and Actuarial Science.

Jordan Schwartz

Jordan Schwartz

Director for Infrastructure, PPPs and Guarantees (IPG Group)
World Bank Group

Jordan Schwartz has worked in the field of infrastructure development since 1991 and s currently the World Bank’s Director for Infrastructure, PPPs and Guarantees (IPG Group). With offices in Washington DC, Singapore, and Dakar, the IPG Group brings together six units that structure infrastructure projects with guarantees and other credit enhancements; finance the preparation of commercially viable investments; fund and provide advisory support and capacity building on investment planning, regulation and PPP design; and develop tools to help governments prioritize investments, assess fiscal liabilities, and structure public- private partnerships. In his prior role, Mr Schwartz was Director of the Infrastructure & Urban Development Hub in Singapore, a center of World Bank operational and analytical activity in East Asia covering the sectors of transport, ICT, water, energy, urban development, trade, and infrastructure finance. Previously, he served as the World Bank’s Manager for Infrastructure Policy, and, before that, as Lead Economist in the Sustainable Development Department of the Latin America and Caribbean Region. Before joining the World Bank, Mr Schwartz worked as a management consultant in the power, water and transport sectors. He was Senior Manager for Infrastructure & Utilities at Deloitte Emerging Markets and, in the early 1990s, an Associate in Booz Allen’s Transport Strategy Group working. He is an author and frequent speaker on a wide range of topics in development economics and finance. He has written extensively on the relationship of risk to infrastructure investment, and is co-author of the book, “Uncovering the Drivers of Utility Performance: The Role of the Private Sector, Regulation and Governance.”

Henny Sender

Henny Sender

Chief Correspondent, International Finance
Financial Times

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

Jeevan Vasagar

Singapore Correspondent
Financial Times

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.

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Agenda - 17th Oct

  • 8:00am
    Breakfast and Registration
  • 9:00am
    Welcome and Introduction

    Jamil Anderlini, Asia Editor, Financial Times

  • 9:05am
    Opening Remarks

    Tharman Shanmugaratnam, Deputy Prime Minister and Coordinating Minister for Economic & Social Policies, Government of Singapore

  • 9:10am
    Keynote Interview

    Joaquim Levy, Managing Director and Chief Financial Officer, World Bank Group

    Interviewed by: Jamil Anderlini, Asia Editor, Financial Times

  • 9:40am
    Keynote Address

    Sri Mulyani Indrawati, Minister of Finance, Government of Indonesia

  • 10:00am
    Panel of Policy and Investment Leaders: Mobilising Capital for Infrastructure amid Monetary, Fiscal and Market Uncertainty

    Global markets are experiencing extreme volatility as investors and policy-makers respond to sluggish growth and persistent deflation in many economies, compounded by the impact of China’s transition to a more consumer-focused economy, the end of the commodity super-cycle, falling world trade, and the UK’s decision to leave the EU. The Federal Reserve is cautiously tightening monetary policy while many other central banks have been cutting interest rates -- in the case of Japan and the ECB to negative levels, and in the case of China, accompanied by a devaluation of the renminbi. On the fiscal side, slower growth and the sharp drop in revenue from oil and other commodities have hit some emerging economies hard, leading to much tighter government spending, including on infrastructure projects.

    • How will trends in monetary and fiscal policy evolve and how will they affect the capital available for infrastructure?
    • To what extent do they open up new opportunities for private investors?
    • What is being done to increase the pipeline of viable projects in Asia, improve governance and transparency, and generally make infrastructure more attractive to investors?
    • How reliant will countries in Asia be on the funds to be released by China, Japan and multilaterals such as the Asian Infrastructure Investment Bank (AIIB)?
    • How will this funding be structured, absorbed and applied?

    Leaders from government, development banks and multilateral institutions share their views.

    Sri Mulyani Indrawati, Minister of Finance, Government of Indonesia
    Joaquim Levy, Managing Director and Chief Financial Officer, World Bank Group
    Alan Bollard, Executive Director, APEC Secretariat
    Leslie Maasdorp, Chief Financial Officer, New Development Bank
    Tadashi Maeda, CEO and Executive Managing Director, Japan Bank for International Cooperation (JBIC)

    Moderator: Jamil Anderlini, Asia Editor, Financial Times

  • 11:00am
    Networking Break
  • 11:20am
    Panel Discussion: Innovation and Disruption – the Future of Infrastructure in the New Global Economy

    As developed and emerging markets wrestle with deflation and an overall drop in output and trade, attention is turning to the long-term impact of the new digital economy on labour, supply chains and commercial flows. This new wave of innovation and disruption is also overturning traditional approaches to infrastructure service delivery. Automation, big data, mobility and disruptive market and business processes are radically reshaping planning and financing. The cost-effectiveness of renewable energy solutions, for instance, has substantially increased; water treatment and distribution have become much more efficient; and the use of consumer-produced data is revolutionising traffic forecasting and the planning of roads and tolls.

    This session will explore the latest disruptive technologies and trends, and how they will shape the future of infrastructure, looking at the impact on planners, developers and financiers.

    Tanya Denning, Partner, Ashurst
    Ross Israel, Head of Global Infrastructure, QIC
    Mukund Sridhar, Partner, McKinsey & Company

    Jeevan Vasagar, Singapore Correspondent, Financial Times

  • 12:00pm
    Introduction: Scaling Up Private Investment as Risk Approaches Evolve

    Karin Finkelston, Vice President and Chief Operating Officer, Multilateral Investment Guarantee Agency (MIGA)

  • 12:15pm
    Panel Discussion: Scaling Up Private Investment as Risk Approaches Evolve

    The persistent economic uncertainty and market volatility, combined with the impact of technological innovation and disruption on infrastructure development, have added a new dimension to the decision-making of institutional investors, private equity firms and investment funds. Overall, the need for stable long-term returns has made infrastructure an attractive asset class, particularly given the low-interest environment. However yields are falling due to the increased participation of large asset owners and the lack of viable initiatives that can absorb their capital, forcing many investors to accept more risk in search for better returns. On the flip side, the deepening of innovation around infrastructure planning and development is changing the way investors evaluate cost and long-term returns.

    • Where are the most attractive long-term opportunities in Asia, and what are the most effective structures to access them?
    • What are the key project, financial and political risks going forward and how should they be managed?
    • What can the public sector do to help address these challenges?
    • How are investors reacting to heightened currency volatility?
    • What impact will the capital injections from China, Japan and the AIIB have on project values?
    • To what extent has infrastructure funding in Asia been affected by the pullback of sovereign wealth funds hit by the oil price fall?
    • How are calculations on yield and risk being affected by digital disruption?

    Andrew Claerhout, Senior Vice President, Infrastructure & Natural Resources, Ontario Teachers’ Pension Plan
    Mark Delaney, Deputy CEO and Chief Investment Officer, AustralianSuper
    Terry Fanous, Managing Director, Public, Project & Infrastructure Finance, Moody's Investors Service
    Rajeev Kannan, Head of Investment Banking Asia, Sumitomo Mitsui Banking Corporation
    Kim Suyi, Head of Asia, Canada Pension Plan Investment Board

    Moderator: Henny Sender, Chief Correspondent, International Finance, Financial Times

  • 1:15pm
    Lunch
  • 2:15pm
    Panel Discussion: Infrastructure and the Development of Climate Finance

    The commitments made by policy-makers at the climate change conference in Paris – including a renewed push for clean energy solutions -- have transformed the outlook for the energy sector, with significant implications for infrastructure development and financing. The 70 per cent fall in oil prices since 2014 has already resulted in the cancellation or deferral of over $400 trillion worth of new projects. The economics and efficiencies of alternatives have meanwhile improved. The challenge is now to ensure that renewable energy attracts sufficient funding to have a transformative impact on the global energy mix.

    • What are the most effective structures to finance renewable energy infrastructure?
    • What is the outlook for the development of green bonds, and other innovations in climate finance?
    • How is the regulatory environment adjusting to this new environment?
    • Will the increased pressure on large asset owners to divest from fossil fuels and adopt a more sustainability-focused approach significantly increase long-term investment in clean energy infrastructure?
    • In terms of the execution of renewables projects in emerging markets, what are the main risks and uncertainties for investors and developers?

    Anita George, Managing Director, South Asia, Caisse de dépôt et placement du Québec (CDPQ)
    Geert Peeters, Executive Director and Chief Financial Officer, CLP Holdings
    Paul Rhodes, Managing Director, Financing Group, Goldman Sachs
    Ray Tay, Vice President - Senior Analyst, Project and Infrastructure Finance Group, Moody's Investors Service

    Moderator: John Roome, Senior Director, Climate Change, World Bank Group

  • 3:00pm
    Project Showcase: Myingyan Power Plant, Myanmar

    The 225-MW gas-fired power plant in the central Myanmar district of Mingyan, to be built at a cost of US$300 million, will be the largest gas-fired independent power plant in the country. It is also the first major infrastructure project outside of the telecoms sector to have been financed in Myanmar. In this exclusive case study, the major stakeholders in the project share their insights on the key drivers of the initiative, the contractual and financing structures, risk management and mitigation, and how the Myingyan plant could be used as a template for other power projects in the country.

    Michael Barrow, Director General, Private Sector Operations, Asian Development Bank
    Jae Hyung Kwon, Head of North Asia, Multilateral Investment Guarantee Agency (MIGA)
    Low Kian Min, Senior Vice President, Group Business Development & Commercial, Sembcorp Industries
    Marat Zapparov, Director, Infrastructure, Clifford Capital

    Moderator: Vivek Pathak, Director, East Asia and the Pacific, International Finance Corporation (IFC)

  • 3:45pm
    Panel Discussion: Investing in Connectivity – The Role of the Private Sector

    Cross-border infrastructure projects enhance regional economic development by stimulating flows of goods, services, investment, people and technology. However, the emergence of several Asia-focused mega-regional infrastructure initiatives supported by different institutions has raised questions about potential overlap and competition. At the G20 finance ministers and central bank governors meeting in February, participants agreed to launch a Global Infrastructure Connectivity Alliance initiative to enhance cooperation and synergies around cross-border infrastructure programmes.

    • Is it possible to build a coherent architecture of mega-regional infrastructure initiatives? How will these programmes be managed?
    • Given that most of these initiatives are dominated by the public sector, what role can the private sector play?
    • What are the regulatory challenges?
    • How will the connectivity agenda sit alongside separate measures to facilitate trade and logistics, such as the Trans Pacific Partnership?
    • How will this major push evolve over the next few years as the G20 presidency moves from China to Germany to India?

    Jennifer Blanke, Chief Economist, World Economic Forum
    Matthew Bubb, Partner, Global Head of Utilities, Ashurst
    Najeeb Haider, Principal Strategy Officer, Asian Infrastructure Investment Bank (AIIB)
    Carsten Hess, Vice President and Head of Corporate Public Policy, Asia Pacific & EEMEA, Deutsche Post DHL Group 

    Moderator: Jordan Schwartz, Director, Infrastructure & Urban Development Hub, World Bank Group 

  • 4:30pm
    Panel Discussion: China’s Belt and Road Initiative and the Opportunities for International Investors and Developers

    Chinese policy-makers, developers and businesses have already started raising significant funds for projects linked to the Belt and Road initiative – a planned network of road, rail and sea routes linking China with Europe, and one of the mega-regional infrastructure initiatives that could be enhanced by the G20 connectivity alliance. China cannot implement this alone.

    • How can international, non-Chinese investors and infrastructure developers tap the opportunities to be opened up by this massive initiative?
    • How can specialists in the local markets (where the projects are being built) share their expertise and understanding of local conditions, regulators and ways of doing business?
    • What are the most effective ways to partner with these local players to optimise impact?
    • What regulatory guidelines and standards need to be harmonised? With markets in all the target countries set to be tapped for funds, what will be the impact on local bond markets, and the implications for the role of the renminbi as a reference currency for offshore debt financing?

    Jean-Francois Beaudoin, Senior Vice President, Asia Pacific, Alstom
    Paul Gruenwald, Chief Economist, Asia Pacific, S&P Global Ratings
    William Powell, CEO, Brookfield Asia Pacific
    Chin Hwee Tan, CEO Asia Pacific, Trafigura Group 

    Moderator: Henny Sender, Chief Correspondent, International Finance, Financial Times

  • 5:20pm
    Closing Remarks
  • 5:30pm
    Cocktail Reception

Why Attend?

  • For investors: Learn about the latest infrastructure investment opportunities in Asia-Pacific
  • For investors and bankers: Discuss practical solutions to the generally low yields and regulatory challenges that may discourage infrastructure investment
  • For developers: Meet investors and policy-makers to explore the most viable opportunities for infrastructure development in the region
  • For policy-makers: Attract essential private sector financing to key infrastructure projects by showcasing the latest initiatives to investors, bankers and developers
  • For advisors: Build relationships with high-level infrastructure decision-makers from the public and private sectors
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Who Attends?

  • Policy-makers and Regulators
  • Diplomats
  • Institutional investors (sovereign wealth funds, pension funds, life insurance companies)
  • Development Banks and Multilateral Organisations (senior level only)
  • Investment Banks
  • Infrastructure Funds
  • Private Equity Firms
  • Asset Managers
  • Infrastructure Developers
  • Advisors
  • Development Banks and Multilateral Organisations
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Venue

THE WESTIN SINGAPORE
12 Marina View, Asia Square Tower 2

Singapore

Tel: +65.6922.6888

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Organised By (4)

Financial Times Live (FT Live) is the global conferences and events division of the Financial Times Group. Chaired by senior journalists from the Financial Times Group, the summits, conferences, awards and strategic forums organised by FT Live gather the world’s brightest minds and most influential decision-makers.

Exclusive on-stage interviews, stimulating presentations and lively panel debates – available on multiple content platforms – provide the cutting-edge insights, unique personalities and peer audience engagement that have the power to transform finance, business, politics, society and culture.

The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. In 2016 the FT passed a significant milestone in its digital transformation as digital and services revenues overtook print revenues for the first time. The FT has a combined paid print and digital circulation of more than 910,000 and makes 60% of revenues from its journalism.

The World Bank is a vital source of financial and technical assistance to developing countries around the world. The Bank's mission is to reduce global poverty by promoting growth to create economic opportunities, and helping the poor to take advantage of them. The Bank's projects and operations are designed to support low-income and middle-income countries' poverty reduction strategies by providing low-interest loans, interest-free credits and grants for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. The Bank also strives to address global challenges in ways that advance an inclusive and sustainable globalisation within each country's specific socio-economic context, adapting programmes to country capacity and needs. In its developmental efforts, the Bank endeavours to align its assistance with the country's priorities and harmonise its aid programme with other agencies to boost aid effectiveness.

The Ministry of Finance aims to advance the well-being and development of Singapore through Finance. The Ministry strives to achieve a balanced budget through prudent and sustainable fiscal policies, foster a regulatory environment conducive to business and enterprise, ensure prudent investment of the Government's reserves and other public funds, and sets policies for government procurement, customs regulation, accounting standards and business regulation.We achieve this together with our departments (Accountant-General’s Department, Singapore Customs and Vital), and statutory boards/bodies (Accounting & Corporate Regulatory Authority, Inland Revenue Authority of Singapore, Tote Board and Singapore Accountancy Commission).

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator. As central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector. As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education. MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

Gold Sponsors (2)

Ashurst is a leading global law firm, advising the world’s largest companies, financial institutions and governments on their most complex deals and disputes.

Operating from 27 offices in 16 countries our depth of experience and expertise in industries experiencing significant change enables us to provide pragmatic and commercial solutions to our clients enabling them to achieve business success.

With a constant focus on quality and expertise, a collaborative and inclusive approach and a culture that encourages people to take a fresh perspective, we deliver a distinctive service to our clients that sets us apart from other law firms.

We have broad industry experience including Digital Economy, Energy & Resources, Funds & Banks, Infrastructure and Real Estate. We have a reputation for bringing a fresh perspective to business challenges, successfully managing large and complex multi-jurisdictional transactions and delivering outstanding solutions for our clients.

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, and the firm's ratings and analysis track debt covering approximately 120 sovereign nations, 11,000 corporate issuers, 21,000 public finance issuers, and 72,000 structured finance obligations.

Further information is available at

Silver Sponsors (2)

S&P Global Ratings is the world’s leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/ratings.

Sumitomo Mitsui Banking Corporation (SMBC) is a leading Japanese financial institution that provides personal, corporate and investment banking services to our network that extends across more than 50 countries globally, 14 of which are in Asia. We are driven by our commitment to lead the way in providing value to our customers and the markets in which we operate.

The company was formed in April 2001 through the merger of Sakura Bank, Ltd. and Sumitomo Bank, Ltd. In December 2002, SMBC became a subsidiary of Sumitomo Mitsui Financial Group (SMFG), a holding company created through a share transfer.

For more information, please visit

Strategic Media Partner (1)

Nikkei Asian Review brings insights from Asia, from the inside out. As part of Nikkei, Asia’s largest independent business media group, it offers comprehensive pan-Asian reporting that is vital to your decision making. With an extensive network of contributors including academics, government leaders and captains of industry from around the world, it gives readers a fuller picture of business in Asia, while its “Asia300” content provides in-depth coverage of the most influential and fastest-growing listed companies from 11 economies outside Japan.

Supporting Partners (5)

The American Chamber of Commerce in Singapore is the largest and most active foreign chamber in Singapore, with over 5,500 members representing more than 700 companies. AmCham advocates for its members' interests to the highest levels of government in Singapore and Washington D.C. and provides its members business insights and connections. With an estimated US$229 billion, the United States is Singapore’s largest source of foreign direct investment.

ASIFMA is an independent, regional trade association with over 100 member firms comprising a diverse range of leading financial institutions from both the buy and sell side, including banks, asset managers, law firms and market infrastructure service providers.  Together, we harness the shared interests of the financial industry to promote the development of liquid, deep and broad capital markets in Asia.  ASIFMA advocates stable, innovative and competitive Asian capital markets that are necessary to support the region’s economic growth.  Through the GFMA alliance with ‎SIFMA in the United States and AFME in Europe, ASIFMA also provides insights on global best practices and standards to benefit the region. 

ASIFMA is delighted to present our 9th China Capital Markets Conference on Friday, 29 November 2019 in Hong Kong. This event brings together high-level regulators, ASIFMA members and their clients, issuers and treasurers, invited guests of both sell side and buy side to discuss key China capital market developments. For more details of the event, please visit: www.asifma.org/china2019.

The British Chamber of Commerce, Singapore (BritCham) is one of the country’s leading business forums, open to executives and businesses of all nationalities. The Chamber network is an engaged and dynamic business community of more than 2,600 executives representing over 400 companies. We provide connections, insights and information for businesses, focusing on delivering quality support to our growing membership base through currently 15 Business Groups. We organise over 90 events a year offering frequent and diverse opportunities for networking and exchange.

IPFA is the global professional association that connects and promotes the collective interests of both public & private sector organisations, and professional individuals involved in infrastructure and energy project financing.

We are independent and don’t exist to make a profit. We are funded and guided by our members,which include the industry’s leading investors, lenders, advisors, developers, sponsors and government institutions active in infrastructure and energy markets around the world.

For more than 20 years IPFA has provided the infrastructure and energy industry with a home for thought leadership, networking and professional development.

Preqin is the leading source of information for the alternative assets industry, providing data and analysis via online databases, publications and complimentary research reports. Preqin is an independent business with over 250 staff based in New York, London, Singapore, San Francisco, Hong Kong and Manila serving over 40,000 customers in over 90 countries. 

Preqin has the most comprehensive and extensive information available on the private equity and venture capital, hedge fund, real estate, infrastructure, private debt and natural resources industries, encompassing funds and fundraising, performance, fund managers, institutional investors, deals and fund terms. Leading alternative assets professionals from around the world rely on Preqin’s services daily, and its data and statistics are regularly quoted by the financial press. 

Supporting Media Partner (1)

fDi Intelligence is the largest FDI centre of excellence globally. Specialising in all areas relating to foreign direct investment and investment promotion, the full suite of services includes: location advertising to generate brand awareness; industry-leading intelligence tools to develop FDI strategies and identify potential investors; and tailored FDI events and investor roundtables to meet target companies and generate business leads. Products within the portfolio include fDi Markets, a database tracking crossborder greenfield investment on a real-time basis; fDi Benchmark, a database which benchmarks global locations on their attractiveness to foreign investors; and fDi Magazine.

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.

Contact Us

Delegate Booking And Registration Enquiries
Pamela Lam
Conference Executive
Sponsorship Opportunities
Nawshad Noorkhan
Commercial Manager- Wealth & Asset Management, Infrastructure & Project Finance
Speaking Opportunities
Jeff Wagner
Global Head of Content
Media Partner And Press Enquiries
Vian Fu
Marketing and Campaign Executive

World Bank - Singapore Infrastructure Finance Summit 2015

Details of the World Bank - Singapore Infrastructure Finance Summit 2015 can be found here

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