Tuesday, 29 October 2019
8:30 am–9:00 amRegistration and Coffee
Venue: Ballroom A  Foyer, Level 2
9:00 am–9:15 amGroup Photo
Venue: Crescent Ballroom, Level 2
9:15 am–9:45 amKeynote Address
Ms. Ingrid van Wees, Vice President (Finance and Risk Management), Asian Development Bank
Mr. Leong Sing Chiong,   Assistant Managing Director, Markets and Investment Group, Monetary Authority of Singapore
Venue:  Ballroom A, Level 2
9:45 am–10:45 amSession 1: Global and Regional Economic Outlook
Format: Panel Discussion

Panelists: 
Mr. Jochen M. Schmittmann, Head, Singapore Representative Office, IMF
Mr. Diwa C. Guinigundo, former Deputy Governor, Bangko Sentral ng Pilipinas
Mr. Ben Powell, Chief Investment Strategist, APAC, BlackRock Investment Institute

Moderator:  Mr. Pierre Van Peteghem, Treasurer, ADB

This panel discussion will focus on the global economic prospects, with emphasis on Asia and the Pacific region. It will cover major developments and their potential impact on economic growth – including potential Fed interest rate path, Brexit and future of EU, changes in global trading practices, China’s current economy and economic prospects and ASEAN Economic Integration.
10:45 am–11:00 amOpen Discussion
11:00 am–11:20 amCoffee Break
Venue: Ballroom A Foyer, Level 2
11:20 am–12:45 pmSession 2: Managing Large Portfolios in Current Market Environment
Format: Presentation

Speakers:
Mrs. Fautia Sriwardani, Director, Reserves Management Department, Bank Indonesia
Ms. Hwei Fern Nyan, Lead Portfolio Manager, Monetary Authority of Singapore
Mr. Christopher Chan, CIO (Public Markets), Hong Kong Monetary Authority
Mr. Volkan Arslan, Senior Portfolio Manager, Markets Department, Central Bank of Turkey
Mr. Aram Sahakyan, Head of Global Markets Division, Central Bank of Armenia

Moderator:
Mr. Michael T. Jordan, Assistant Treasurer, ADB

Reserve Managers continue to face a difficult investment environment with sustained low and in some cases, negative interest rates in developed economies and volatile exchange rates. In a climate of slowing global growth and increasing geopolitical risks, how should reserve managers invest? How are these factors impacting capital flows, and are all emerging markets equally vulnerable? Is easy money leading to a bubble in asset prices? In this session, reserve managers share their insights and experiences in managing investment portfolios.
12:45 pm–1:00 pmOpen Discussion
1:00 pm–2:00 pmLunch
Venue: Crescent Ballroom, Level 2
2:00 pm–2:15 pmAudience Poll
2:15 pm–3:30 pmSession 3: Update on Renminbi as a Reserve Currency
Format: Presentation

Speakers:
Mr. Elliot Hentov, Head of Policy Research, State Street Global Advisors
Mr. Edmund Ng, Chief Investment Officer, Eastfort Asset Management
Ms. Phoebe Leung, Senior Vice President, Head of Sales & Marketing, Bond Connect Company Ltd
Mr. Jonathan P. Grosvenor, Advisor, TD and Head, Treasury Client Solutions Unit, ADB

Moderator:  Ms. Yolanda Fernandez Lommen, Country Director, PRC Resident Mission,  ADB

With People’s Republic of China being the world’s second largest economy, role of renminbi is growing in international economic and financial activities. This session will provide an update on the latest developments on investing in RMB and views on both its emergence as well as challenges as a reserve currency.
3:30 pm–3:45 pmOpen Discussion
3:45 pm–4:05 pmCoffee Break
4:05 pm–4:35 pmSession 4A: Sovereign Asset Liability Management
Format:  Presentation

Speakers:
Mr. Sung Cheng Chih, Founding Partner and CEO, Avanda Investment Management

Moderator:  Mr. Tobias C. Hoschka, Assistant Treasurer, ADB

Important sovereign assets and liabilities, such as international reserves and public debt, are typically managed by different institutions- central banks and ministry of finance with each having their own policy objectives and institutional arrangements. This session will cover the benefits, issues and challenges in managing both sides of the sovereign balance sheet.
4:35 pm–4:50 pmOpen Discussion
4:50 pm–5:50 pmSession 4B: Sovereign Asset Liability Coordination in Practice
Format: Presentation

Speakers:
Mr. Irakli Katcharava, Deputy Head of Public Debt Management Department, Ministry of Finance, Georgia
Ms. Phanida Roidoung, Senior Economist, Strategic     Risk Management Group, PDMO, MOF, Thailand
Mr. Zandy Akbar Rassat, Deputy Director for Multilateral Loans and Grants, Directorate of Loans and Grants, Directorate General of Budget Financing and Risk Management, Ministry of Finance, Indonesia

Moderator:
Mr. Deepak Taneja, Principal Treasury Specialist, ADB   

Important sovereign assets and liabilities, such as international reserves and public debt, are typically managed by different institutions- central banks and ministry of finance with each having their own policy objectives and institutional arrangements. This session will focus on the coordination   between MOF and Central Bank.
5:50 pm–6:05 pmOpen Discussion
6:30 pmDeparture for Dinner
Venue: Four Seasons Hotel Lobby
7:00 pm–9:00 pmDinner
Venue: Majestic Bay Seafood Restaurant, Gardens By The Bay
Dress Code: Casual