PRELIMINARY AGENDA
| Day 3, Friday, 27 October 2023 | |
|---|---|
| 7:30 am–8:00 am |
Registration and Coffee Venue: Kecak Ballroom Foyer |
| 8:00 am–9:00 am | Session 10: Engaging External Fund Managers Format: Presentation Speakers: Mr. Galih Pradhono, Deputy Director, Reserve Management Department, Bank Indonesia Mr. Kormoly Kimty, Director General, National Bank of Cambodia Mr. Manuel Miranda, Chief Reserve Management Officer, Financial Markets, Bangko Sentral ng Pilipinas Moderator: Mr. Michael L. de los Reyes, Senior Treasury Specialist, ADB As central banks diversify their reserves into increasingly complex asset classes it is natural to draw on the services of external asset managers. External service providers also play important roles as custodians, advisors, and auditors. It is essential that central banks manage relations with external service providers effectively, which can be a costly and time-consuming exercise. What has the experience been with external fund managers (EFM)? What is the optimum way to leverage them, and for which asset classes? What is the appropriate mandate for EFM? In this session, we identify best practices in managing relations with private-sector partners, with an emphasis on how to reduce the cost of doing so. |
| 9:00 am–9:25 am 9:25 am–9:40 am |
Open Discussion Coffee Break |
| 9:40 am–10:40 pm | Session 11: Automation of Investment Process Format: Presentation Speakers: Mr. Kevin Hardy, Senior Managing Director, CEO of Singapore and Head of Southeast Asia, State Street Bank and Trust Ms. Asya Surmalyan, Specialist at Systems Development and Support Division, National Bank of Georgia Mr. Jonathan Vincent-Viry, Treasury Specialist, Asian Development Bank Moderator: Mr. Asad Alamgir, Senior Treasury Specialist, ADB Large portfolios of reserves are extremely difficult to manage without proper IT systems. More complex instruments used in reserve management raise the bar for risk management, settlement and accounting functions and require modern IT solutions. The participants will share their experience with different systems used. |
| 10:40 am–11:05 am 11:05 am–11:30 pm |
Open Discussions Closing Remarks Ms. Sukhumarn Phanachet, Deputy Treasurer, Asian Development Bank Ms. Dwi Safarina, Head of Reserve Management Analysis and Policy Recommendation Group, Bank Indonesia |
| 11:30 pm–2:00 pm | Lunch Venue: Suku Restaurant |