2019

Tuesday, 29 October 2019
8:30 am–9:00 am	Registration and Coffee Venue: Ballroom A Foyer, Level 2
9:00 am–9:15 am	Group Photo Venue: Crescent Ballroom, Level 2
9:15 am–9:45 am	Keynote 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 am	Session 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 am	Open Discussion
11:00 am–11:20 am	Coffee Break Venue: Ballroom A Foyer, Level 2
11:20 am–12:45 pm	Session 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 pm	Open Discussion
1:00 pm–2:00 pm	Lunch Venue: Crescent Ballroom, Level 2
2:00 pm–2:15 pm	Audience Poll
2:15 pm–3:30 pm	Session 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 pm	Open Discussion
3:45 pm–4:05 pm	Coffee Break
4:05 pm–4:35 pm	Session 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 pm	Open Discussion
4:50 pm–5:50 pm	Session 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 pm	Open Discussion
6:30 pm	Departure for Dinner Venue: Four Seasons Hotel Lobby
7:00 pm–9:00 pm	Dinner Venue: Majestic Bay Seafood Restaurant, Gardens By The Bay Dress Code: Casual