Future of Asia's Finance: Financing for Development 2015
Bank Indonesia, Jakarta, Indonesia
September 2, 2015
To sustain Asia’s growth momentum for the next generation, financial sector innovation is the key. In the short-term, emerging and developing Asia may face a period of financial volatility ahead. For this, integration and deepening of Financial markets can help preserve financial stability. Looking ahead, infrastructure is essential in building the future, raising potential growth and crowd-in private investment which creates jobs. Financial inclusion is very important both in improving efficiency in mobilizing savings and to make the growth more inclusive.
The IMF and the Indonesian Government are organizing this high-level conference to explore new financing modalities for the region’s dynamic emerging market economies. The event is part of the IMF’s “Future of Asia’s Finance†multi-year initiative, broadened to inform the global agenda on financing for development.
IMF Managing Director Christine Lagarde and Bank Indonesia Governor Agus D.W. Martowardojo will open the conference. Participants will include senior policy-makers from within the region and beyond, prominent academics, private sector representatives, CSOs, and journalists.
The IMF will also launch a book, entitled "The Future of Asia's Finance", which summarizes studies and policy recommendations by its staff.
Participation in the conference is by invitation only. However a live webcast of the panel sessions will be available on this page.
Click on a presentation title to see the PDF. Click on a speaker name to see a short biography.
Wednesday, September 2, 2015 |
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| 8:30–9:00 | Registration (and light breakfast) |
| 9:00–9:15 | Introduction and Welcome Remarks |
| 9:20–10:50 | Session 1 — Financing for Development Panelists
Moderator
Topics for discussion
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| 10:50–11:15 | Coffee Break |
| 11:15–11:45 | Book Launch: Future of Asia’s Finance (Check the book page) Address
Small panel
Moderator:
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| 11:45–13:15 | Lunch |
| 13:15–14:45 | Session 2 — Mobilizing Resources for Development Presentation
Panelists
Moderator
Topics for discussion
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| 14:45–15:00 | Coffee Break |
| 15:00–16:30 | Session 3 — Financial Deepening and Inclusion Presentation
Panelists
Moderator
Topics for discussion
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| 16:30 | Closing Remarks |
Agus D.W. Martowardojo took office as the Governor of Bank Indonesia on May 24, 2013. Previously, he served as the Minister of Finance, the Republic of Indonesia, from May 2010 to April 2013. Before serving as the Minister of Finance, he held the position of CEO of Indonesia’s largest banks. In 2014, he was awarded the Bintang Mahaputera Adipradana medal, the nation’s second-highest civilian honor, for his contribution to the nation. He was born in the Netherlands in 1956. He graduated from the University of Indonesia in economics. He took special programs at the State University of New York, Harvard Business School, Stanford University, and Wharton Executive Education.
Bambang, who was born on October 3, 1966, received his bachelor’s degree majoring in Economic Development and Regional Economy from Faculty of Economics, Universitas Indonesia in 1990. He continued his master degree in University of Illinois at Urbana-Champaign, United States and graduated in 1995. In 1997, he earned his Ph.D from the same university.
Urjit Patel is the Deputy Governor of the Reserve Bank of India. Born on October 28, 1963, Dr. Patel is a Ph.D. (Economics) from Yale University (1990) and M. Phil. from Oxford (1986). 
Hiroshi Nakaso has served as a Deputy Governor of the Bank of Japan since March 2013. In his 37 years at the Bank, his main responsibilities have been crisis management of financial systems and markets, especially on a global basis. He has participated in numerous international meetings, and during his terms as Director-General of the Financial Markets Department and Assistant Governor, he chaired the BIS Markets Committee and Working Group on Financial Reference Rates, and the G-20 Study Group on Commodities. 
Andrew Sheng is well known in global financial circles as a former central banker and financial regulator in Asia and a commentator on global finance. He is the Chief Adviser to the China Banking Regulatory Commission, a Board Member of Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, a member of the international advisory council of the China Investment Corporation, the China Development Bank, China Securities Regulatory Commission and the Securities and Exchange Board of India. He is also an advisor to the United Nations Environment Program Inquiry into the Design of a Sustainable Financial System. He previously worked as Chairman of the Securities and Futures Commission of Hong Kong and a central banker with the Hong Kong Monetary Authority and Bank Negara Malaysia. He has published widely on monetary, economics and financial issues. 
Lin Xueling is the presenter and producer of Channel NewsAsia’s premier current affairs interview show “Conversation with...†and the broadcaster’s retail investment show “Cents & Sensibilities.†
Mr. Min ZHU assumed the position of Deputy Managing Director on July 26, 2011. Previously he served as Special Advisor to the Managing Director of the International Monetary Fund from May 3, 2010 to July 25, 2011.
Muliaman Darmansyah Hadad was appointed as Chairman of Board of Commissioners of the Financial Services Authority (OJK) of Indonesia in July, 2012. Previously he served as Deputy Governor at Bank Indonesia (BI), the country’s central bank, for two terms. He also held various senior positions within BI, including Director of Directorate for Banking Research and Regulation, and Head of Financial System Stability Bureau. 
Bambang Susantono is the Vice-President for Knowledge Management and Sustainable Development of the Asian Development Bank (ADB). He assumed the position in July 2015 and is responsible for management of ADB’s Sustainable Development and Climate Change Department, Economic Research and Regional Cooperation Department, and Department of External Relations. 
Jin-Yong Cai is Executive Vice President and CEO of IFC, a member of the World Bank Group and the largest global development institution focused on private sector development.
Jörg Zeuner took on the position of Chief Economist at KfW in September 2012. Having gained a Master of Science in Economics at the University of Glasgow, he then went on to complete a PhD in Economics at the University of Wurzburg. Alongside his PhD, he was able to gather international work experience at the Korean-German Chamber of Commerce and Industry, KfW and the World Bank in Ethiopia. Following this, he worked at the International Monetary Fund in Washington DC for almost 10 years, before becoming Chief Economist at VP Bank in Liechtenstein in 2008. Dr Zeuner also lectures at the University of St. Gallen (HSG) and the University of Bochum.
Julius Caesar Parreñas is Senior Advisor at Nomura Securities Co., Ltd and Nomura Institute of Capital Markets Research. He coordinates the Advisory Group on APEC Financial System Capacity Building, the Asia-Pacific Financial Forum (APFF) and the Asia-Pacific Infrastructure Partnership (APIP). He regularly represents the APEC Business Advisory Council (ABAC) in the APEC Finance Ministers’ Process. His previous positions include Advisor on International Affairs of the Bank of Tokyo-Mitsubishi UFJ, Ltd, Senior Advisory Fellow of the Institute for International Monetary Affairs in Tokyo, Senior Advisor to the Chairman of Chinatrust Financial Holding Co., Ltd, Policy Advocacy Coordinator of the Asian Bankers’ Association and alternate member of the APEC Business Advisory Council. 
Desi Anwar is an Anchor and Correspondent for CNN Indonesia, a news network based in Jakarta. She hosts a talkshow program called Insight with Desi Anwar. Prior to that, Desi was a Senior Journalist and Anchor for Metro TV hosting various talkshows including Face to Face with Desi Anwar featuring prominent international newsmakers. Desi is also columnist for the daily English language newspaper, The Jakarta Globe.
William Oswald is head of FICC Research, Standard Chartered Bank, Singapore. He oversees research and strategy globally for the FX, rates, credit and commodity markets. He is based in Singapore and joined the Bank in 2010. Since then, the team has received accolades including No. 1 EM FX Research for North American and European clients in the 2014 Euromoney FX poll, and No. 1 for European and US credit accounts in The Asset credit survey. He has run FX, rates and sovereign credit strategy across all three emerging-market regions (Asia, Latin America, and Central/Eastern Europe, Middle East and Africa). He also ran global EM quantitative strategy at J.P.Morgan, where he ranked first in the Institutional Investor European EM Strategy poll for five years. Prior to J.P.Morgan, he covered emerging and developed markets at Deutsche Bank in London, Singapore and New York. He holds a Master’s degree in philosophy, politics and economics from Oxford University.
Kamal Quadir applies technology to allow people to advance economically, which in its wake bring about social progress. Currently, Kamal is the CEO of bKash, a leading mobile money service owned by BRAC Bank, Money in Motion, IFC and Gates Foundation, which offers millions of unbanked people access to financial services through basic cell phones in Bangladesh.
Alok Prasad is Principal advisor to board of an Indian private sector bank and is based out of Gurgaon. Besides, he consults an American boutique consulting firm in banking & finance space. He also serves on the board of MUDRA Bank of Government of India, in capacity of a financial inclusion expert.
Sharanjit Leyl is a Singaporean producer and presenter for BBC World News. She regularly anchors Asia Business Report and Newsday from the BBC’s Singapore studio. She is also a reporter and producer on these shows along with World Business Report. Sharanjit Leyl joined BBC World News in September 2003 and has since reported and presented from places as far afield as Pakistan, Tokyo and London.