The EU-ABC & EuroCham Singapore are organising a joint seminar on the integration of Financial Services within ASEAN as part of the ASEAN Economic Community: a compelling and ambitious challenge stemming from significant economic and political differences between ASEAN countries.
ASEAN is expected to remain among the fastest growing regions in the world and has achieved substantial progress in implementing the AEC Blueprint. Nonetheless, a deeper financial integration will strengthen the AEC and will bring fundamental benefits for ASEAN economies.
The seminar is aligned with the will of ASEAN Finance Ministers to envisage a more integrated financial region by 2020, and will be designed to discuss some of the key factors required to realise this vision.
Mr. Almoro Rubin de Cervin, Head of International Affairs at DGFISMA (Directorate-General for Financial Stability, Financial Services and Capital Markets Union) will present the European experience and draw some lessons from the E.U. practices and pitfalls for the upcoming ASEAN integration.
Experts from Financial Institutions including banks and insurances will be discussing the specific obstacles in advancing financial integration within ASEAN, how business sees challenges ahead as well as what still needs to be done. Mr. Sandeep Malik, CEO, Asia, Aon Risk Solutions, Mr. Philippe Van Hoof, Co-Head Financial Institutions Asia, ING as well as Mr. Michael Moon, Head of Payments APAC, SWIFT, Mr. Paul Gwee, Secretary General of the ASEAN Bankers Association and Mr. Boris Moutier, Regional CIO of AXA Asia will participate in the panel. The discussion will be moderated by Mr. Don Kanak, Chairman, Prudential Corporation Asia.
Registration will start at 8:30 am and the seminar will begin at 9:00am.
Please kindly note that EU-ABC Members should register as “Members”.
Here is the proposed agenda:
|Registration and Networking Coffee
|Mr. Jan B. Djerf, President of European Chamber of Commerce
|Financial integration, the European perspective
|Mr. Almoro Rubin de Cervin, Head of International Affairs at DGFISMA European Commission
|Panel discussion: View from the Industry
|Moderator: Mr. Donald Kanak, Chairman, Prudential Corporation Asia
Mr. Sandeep Malik, CEO, Asia, Aon Risk Solutions
Mr. Philippe Van Hoof, Co-Head Financial Institutions Asia, ING
Mr. Michael Moon, Head of Payments APAC, SWIFT
Mr. Paul Gwee, Secretary General of the ASEAN Bankers Association
Pictures of the event:
Bios of the participants:
Mr. Almoro Rubin de Cervin, Head of International Affairs at DGFISMA European Commission
Mr. Rubin de Cervin is the Head of Unit responsible for financial services policy and international affairs in the Directorate General for Financial Services in the European Commission. He is the European Commission’s representative in the LEI Regulatory Oversight Committee. In recent years he has worked extensively on transatlantic issues in financial services. In previous postings in the European Commission, he has worked in the Directorate General for Competition and before on industrial policies, entrepreneurship and SME access to finance.
Before joining the European Commission, he has also worked as a government official in Italy in the Industry and Foreign Affairs Ministry and at the OECD in Paris. He also has experience as a journalist and politician in Italy.
Mr Rubin de Cervin graduated in economics from the Bocconi University in Milan.
Mr. Philippe Van Hoof, Co-Head of Financial Institutions Asia, ING
Chairman of the Financial Services Committee, EuroCham
Overall, Philippe Van Hoof has over 20 years of banking experience, including 8 years in Singapore, Korea and Japan. Next to relationship with banks, Philippe has extensive experience in covering insurers, asset managers and private bankers at board level and discussing strategic topics encompassing a.o impact of regulations, new product launch, M&A.
Philippe joined the bank as credit analyst in ‘93 in Singapore, after an internship in Japan for Pioneer Electronics Corporation in ‘91-92. In ‘95 he moved to Europe in the Corporate Banking Department for Asia Pacific clients before taking the new position of junior representative of the bank in South Korea in ‘96-98: as such, he has acquired first hand experience of the Asian crisis and how to successfully manage credit exposure and client relationship during financial turmoil. Beside his role at ING, Philippe is also Chairman of the Financial Services Committee of the European Chamber of Commerce in Singapore.
In ‘99, he left the bank to participate in the launch of ING Funds Japan, the asset management arm of ING in Tokyo, as marketing manager. He then moved to back to Europe to lead the new international marketing department of ING IM, after the merger with BBL GAM: in this position, he managed the difficult process of defining a common range of products (best of breeds) and to merge the other funds into this range. To this date, these were among the few funds to have successfully managed a change in domicile.
In 2002, ING Bank called him back to manage client relationship with some Belgian banks and securities companies, which he progressively expanded to include financial institutions in Luxembourg and as of 2008, in the Netherlands. As such he had a first hand experience of the turmoil caused by the global financial crisis of 2007-08 on the financial system of the Benelux. In managing this crisis, his experience of the Asian crisis in Korea proved of very high value to navigate the credit and market risks of the financial system in Europe. Afterwards, he put much emphasis on anticipating the impact of new prudential regulations like Basel III and Solvency II for his clients. Upon the announcement of ING’s divestment from its insurance and asset management arms, he focused his team on developing relationship with insurance clients and asset managers.
Earlier this year, Philippe returned to Asia in a new position combining his old experience of Asia and his long work of developing client relationship for banks, insurance companies and asset managers.
Philippe received his masters degree in Business Administration from the IC-HEC in Brussels and postgraduate degree in Intercultural Management.
|Mr. Paul Paul Gwee Choon Guan, Secretary General of the ASEAN Bankers Association
Paul Gwee Choon Guan banking career spans over twenty five years of experience in universal & treasury/investment banking with asset/fund & wealth management industry across Asia Pacific. His specialized skills include the fields of enterprise risk management (credit, market, liquidity and operational), control & compliance and back room operations with robust combination of strategic business finance and accounting reporting, mergers & acquisitions and capital management. He was the Head of Risk Management & Compliance in United Overseas Bank Group followed by as the Country CFO in Hong Kong & Shanghai Bank, Indonesia and as Chief Operating Officer in Bank of East Asia, Singapore. He is currently the Secretary General of the ASEAN Bankers Association.
Mr. Gwee holds a Masters in Business Administration from University of Chicago, Graduate School of Business, majoring in finance and was awarded the Bachelor of Commerce degree from the University of Newcastle. He qualified as a Chartered Accountant in 1984 and is a Fellow of the Institute of Chartered Accountants in Australia and Institute of Singapore Chartered Accountants.
|Mr. Boris Moutier, Regional Chief Investment Officer, AXA Asia
Boris Moutier is supervising investment & ALM of Life and GI AXA insurance companies across Asia ex Japan.
Boris moved to Hong Kong in 2013 to take in AXA Investment Managers the responsibility of the relationship with its AXA Insurance clients in Asia and Japan.
In 2002 Boris had joined AXA IM and held several positions in Paris and Tokyo as Financial Engineer (with a focus on Variable Annuities) and Derivatives Trader until 2010. Before moving to Hong Kong, Boris was in charge of AXA IM relationship with one its largest clients, AXA France.
Boris graduated from E.N.S.A.E., one of the leading French Institutions of higher learning in the fields of statistics, economics, finance and actuarial science.