In this June issue:
On May 30, the European Chamber of Commerce, Singapore (EuroCham) held its Annual General Meeting (AGM) 2023 at The Fullerton Hotel. 

We want to thank our Guest of Honour,  Dr Vivian Balakrishnan, Minister for Foreign Affairs, and H. E. Iwona Piórko, EU Ambassador to Singapore, for gracing this event. 

As the former Board dissolved after two years of their contributions to the chamber, EuroCham members were required to elect new corporate board members and the President for the term 2023-2025. Mr Jens Rübbert, Vice-President and Board Member representing the Singaporean-German Chamber of Industry and Commerce, was unanimously voted in as President.

EuroCham Singapore thanks Mr Federico Donato and the outgoing Board members for their valuable contributions to the organisation during their time at EuroCham. The Chamber looks forward to welcoming Jens’ leadership over the course of the next term.

Lastly,  we would like to thank our supportive partners, One World International School, Airbus, International French School and our beer sponsor, Asia Pacific Breweries (Singapore), as well as all who joined us in order to make the event a success!
The European Chamber of Commerce, Singapore (EuroCham Singapore) is excited to announce the appointment of Mr Jens Rübbert as the Chamber’s newest president. Jens was elected by a vote of EuroCham Singapore’s corporate board at the Chamber’s Annual General Meeting which took place at the Fullerton Hotel Singapore.

Jens has been a senior banker for 33 years and has 20 years of experience in the Asian financial market. Currently, he is the Managing Director & Regional Head for Asia/Pacific of LBBW, one of Germany’s largest banks. Previously, Jens was with Deutsche bank for 27 years in several senior positions across various regions including Germany, Turkey, Hong Kong, Singapore, China and Vietnam.

He has also held positions as Vice Chairman of EuroCham China (2011 – 2014), Chairman of GBA Vietnam, (2015 – 2017), Chairman of EuroCham Vietnam (2017), and President of the Singaporean-German Chamber of Industry and Commerce (2020 - 2023). Jens is the current Chairman of the EU-ASEAN Business Council. He holds a degree in business administration and was awarded Germany’s Federal Order of Merit in 2021.
President: Jens Rübbert, representing the Singaporean-German Chamber of Industry and Commerce
Secretary: Kate Simpson, representing the Irish Chamber of Commerce in Singapore
Treasurer: Joris Dierckx, representing BNP Paribas

Vice Presidents:
  • Anand Stanley, representing Airbus Singapore Pte Ltd
  • Emmanuel White, representing the French Chamber of Commerce in Singapore
Past President: 
  • Federico Donato, representing Credit Suisse
Board members:
  • Markus Schuster, representing Audi Singapore
  • Anju Abrol, representing ING Singapore
  • Lizum Mishra, representing the LEGO Group
  • Goh Theng Kiat, representing Prudential Assurance Co Singapore (Pte) Ltd
  • Jasmine Koh, representing Philip Morris Singapore Pte Ltd
  • Knut Unger, representing Austrian Business Association
  • Isabel Alvarez Fernandez, representing Belgium-Luxembourg Chamber of Commerce
  • Peter Sasi, representing the Central and Eastern European Chamber of Commerce, Singapore
  • Johan Bergendorff, representing Danish Business Association in Singapore
  • Godelieve Van Dooren, representing the Dutch Chamber of Commerce, Singapore
  • Gionata Bosco, representing the Italian Chamber of Commerce in Singapore
  • Leonard O. Stornes, representing the Norwegian Business Association of Singapore
  • Álvaro González González, representing Spanish Singaporean Chamber of Commerce
  • Horst Wasel, representing the Swedish Chamber of Commerce in Singapore
  • Georg von Wattenwyl, representing the Swiss Chamber of Commerce, Singapore
EuroCham has embraced “The Future of Mobility Programme” for 2023, designing a line-up of activities to position European companies as leaders in mobility and supply chain innovation. The objective of the programme is to bring together industry experts, thought leaders and policy shapers to share how European and Singapore companies can work together on mobility-related topics. EuroCham is working with HERE Technologies as our knowledge partner to develop the framework of this Future of Mobility Programme.

The programme is focused on two topics – Movement of Goods and Movement of People – which will be covered by three activity pillars.

Watch Berwine Pineau Sim (Senior External Affairs Manager for Asia Pacific at HERE Technologies), explain the reason behind this Smart Mobility programme.
The signing of the EU-Singapore Digital Partnership (EUSDP) in early 2023 marked the mutual commitment of the EU and Singapore in working together to shape digital economic transformation. 

With this survey, EuroCham seeks to measure the digital approach and digital maturity of EuroCham's member organisations operating in Singapore. We also seek to better understand companies' plans for digital transformation. 

The survey results will be published into a report and will be the basis for engagement of our members with the EU Commission and Singapore authorities during consultation sessions to support the establishment of a binding digital free trade agreement between the EU and Singapore.  

We are kindly asking you to share your inputs with EuroCham.
Fill in the Survey Here (5 min)
Regional roots, at home across the world: Wherever the road might take you, LBBW will accompany you. And find the best solution for you. We are like you: Breaking new ground! As a universal bank with deep regional roots, strong client relationships, international expertise and our worldwide network of Branches, Representative Offices and German Centres, LBBW is the ideal partner for small and medium-sized enterprises as well as multinational corporations in shaping their future. Our range of services comprises of short, medium and long-term financing, customized financing solutions such as structured export and project finance, syndicated loans as well as international trade finance and payments, currency and interest rate risk management and capital markets advisory. In June, LBBW received the “TXF Industry Choice Award 2022 – Top Performing Export Finance Bank”. Leading importers and exporters from all over the world have chosen us as the best bank for export finance. Particularly high scores were received for LBBW's industry knowledge, customer focus, understanding of customers' business and speed in processing transactions. LBBW assists its export-oriented corporate customers with their international activities through an extensive international network of 17 locations in 16 countries. LBBW in Singapore as Hub for Asia/Pacific, together with our Branches in Seoul and – brand new since September, 1st 2022 – Shanghai as well as our Representative Offices in Mumbai, Beijing, Hanoi and Jakarta assists our corporate and institutional clients in exploring Asia’s long-term growth potential. Today, LBBW is the largest bank in south-west Germany and one of the largest commercial banks nationwide.

Learn more here: 
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs around 92,000 people worldwide in more than 90 countries and generated revenue of €29 billion in fiscal year 2022.

Learn more here: 
Headquartered in London, Knight Frank is present in 57 territories with 558 offices and over 22,750 employees. Knight Frank Singapore was founded in 1940. Our practice has stood the test of time. We have influenced the local real estate industry and use of land, shaped retail and lifestyle experiences, and continue to build on our global connections and deep local expertise to advise and transact on multi-million-dollar projects across government and private sectors. We are always ready to serve your individual needs too. Your desired future inspires our team to continually dream up creative yet grounded solutions that will grow your investment, elevate your living environment, and enhance your workplace. Our diverse individual strengths pool to create an exceptional team serving our clients, our customers, and our communities.

Learn more here:  
OCBC Bank is the longest established Singapore bank, the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with Aa1 by Moody’s and AA- by both Fitch and S&P. Consistently ranked among the World’s Top 50 Safest Banks by Global Finance, it has been named Best Managed Bank in Singapore by The Asian Banker. OCBC is part of the Net-Zero Banking Alliance. OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, with deep expertise in growth industries such as technology, digital infrastructure, and energy. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China, with more than 420 branches and representative offices in 19 countries and regions, including strategic markets like USA and UK.

Learn more here: 
Seven Peaks is a digital transformation driver that focuses on solving clients’ modern business challenges. We help companies adapt and grow by providing them with high-impact digital solutions made viable through robust strategies, desirable through engaging user-centric design, and feasible through technical advisory and delivery. Founded in Bangkok in 2014, as a Norwegian owned, and managed company, Seven Peaks is a rapidly growing international team of 225+ professionals specializing in delivery, mobile & web development, quality assurance, product design, data analytics, and marketing. Seven Peaks guides clients through digital journeys with a best-in-class approach to building digital products that grow their top line and optimize their bottom line.
Spurwing Communications is an independent, award-winning agency that specialises in healthcare, sustainability, food, and agriculture. We partner with global leaders to motivate the people that matter, and we believe that good communications has the power to shape a better future. The agency was founded in 2014 by Emma Thompson in response to a need she saw for high quality, informed strategic communications in the Asia Pacific region. Our team of PR industry authorities, strategists, journalists, content and design experts combine deep sector knowledge with curiosity to create communications plans that shift mindsets and drive positive change.
UniCredit in the Asia Pacific Region - Your bridge between Europe and Asia. UniCredit is a simple, pan-European commercial bank providing unique access to Western, Central and Eastern Europe with an unrivaled strategic presence in 14 European core markets and an International Network spanning another 16 countries worldwide. UniCredit Corporate & Investment Banking is fully plugged into UniCredit Group and serves 1,500 multinational corporates and key financial institutions and supports the Group’s corporate banking units in delivering services to 600,000 corporate and public sector clients. Furthermore, we deliver investment solutions for 24 million retail and private banking clients.

Learn more here: 

Dr Lovneesh Chanana
Senior Vice President and Regional Head for Government Affairs, Asia Pacific and Japan

Dr Lovneesh Chanana leads the public policy, government programs and thought leadership engagements for SAP in Asia Pacific and Japan. A known thought leader in policy and program level application of technology, Dr. Lovneesh has been contributing to the development of technology policy landscape and leading many transformative government programs and projects. Working closely with industry bodies, where he leads and drives the digital economy agenda, Dr. Lovneesh has been contributing to knowledge sharing around technology developments and policies around cloud, SMEs, sustainability, artificial intelligence, workforce skilling, entrepreneurship and innovation. He has been instrumental in structuring and forging Government-industry partnerships to create a conducive digital ecosystem in many Asian countries. He has also been contributing to capacity building of Government officials and has designed and developed training programs in various areas related to technology programs in Government. He works passionately with academia and has been contributing to ensure industry readiness of youth and students through curriculum design and delivery.

Dr Chanana holds a Ph.D. in Information Systems Management with a research focus on Mobile Governance.

Dr Tom James
TradeFlow Capital Management Pte Ltd

After 2 years of FinTech development and planning, the Digital Trade Finance Fund for USD deals went live in 2018, operating the new approach to physical commodity trade & Inventory finance. This was followed by the launch of a Euro fund in February 2020. 

Tom is the business and system architect for the solution which meets both industry needs and investor appetites combining a unique business model with proven risk management approaches, a fund platform, and FinTech for scalability. His co- founders complete the cross-discipline team necessary to develop and operate the trade finance solution and fund, coming from a legal, maritime and I.T. background. 

He has over 30 years of commercial exposure gained through a broad range of senior executive roles in trading, investment management, commodity finance (Trade and Project) & advisory. He is called upon by governments & multinationals for advice & insight on market developments. In 2014 he was called upon to serve as a Senior Energy Advisor to the United States Department of Defense (TFBSO) and he currently sits on the “Financing Advisory Resources” panel for Enterprise Singapore, the trade development body of the Singapore Government. 

Tom is a serial Commodity FinTech entrepreneur with a history of combining technology with best practice in order to create innovative industry services & solutions within the Commodity Industry. He is also a successful published author, having documented and shared his deep industry expertise through a series of 9 books and publications with Wiley Finance, Palgrave Macmillan and Springer, including a book focussed on energy and emissions in 2010, and one on biofuels in 2015. 

Dr Ralph Ostertag
Director Digital & Technology, Asia Pacific
Heineken Asia Pacific Pte Ltd

As passionate Digital & Technology Leader at HEINEKEN with a customer-centric and data-driven mindset, Dr Ralph Ostertag creates business value by focusing on innovation and growth in addition to efficiency and effectiveness.

Coming with over 20 years of experience in Europe, Africa Asia Pacific and the Americas, Ralph drives digital transformation with the business inclusive of the definition and implementation of digital strategies and roadmaps, the development and rollout of digital platforms and the cultural change to a digital mindset.

Ralph has a passion for agility, speed and disruptive innovation. Known as an outstanding innovator and networker, Ralph collaborates globally to bring the smartest people together to work with him on game-changing ideas and initiatives leveraging exponential technologies like IoT and Artificial Intelligence. He is a pioneer in demystifying the Metaverse for enterprises and exploring its value in different areas like the Consumer Metaverse, Industrial Metaverse and collaboration space.
Closed-Door Dialogue: The Approach of Industries to Improve the Health of the Entire Population in Singapore

9 May - EuroCham organised a "Closed-Door Dialogue: The Approach of Industries to Improve the Health of the Entire Population in Singapore" at NUS Saw Swee Hock School Of Public Health.

We would like to thank Prof Chia Kee Seng for his insightful keynote sharing. As well as the panellists and moderator, Mr Samuel Koh (AstraZeneca (Singapore)), Ms Francine G. (Danone India South East Asia Region), Dr Sidharth Kachroo (Prudential Assurance Company Singapore), Prof Chia Kee Seng and Assoc Prof Jeremy Lim (NUS), for the vibrant exchange on the best practices on how industries like pharma, food and nutrition and insurance can complement efforts from the Healthcare industry and support Healthier SG policies and goals in order to focus on better health and quality of life for everyone.

EuroCham's members benefited greatly from the discussion and sharing during the Q&A.
Event: Women’s Business Forum: Gender Equality Targets

16 May - EuroCham organised our first European Excellence in Sustainability Sharing Sessions (EESSS) for the year on "Women’s Business Forum: Gender Equality Targets" at TÜV SÜD @ IBP.

We would like to thank Ms Aik-Na Tan (Nanyang Technological University Singapore)for her insightful keynote sharing.

Our moderator, Ms Silvia Imran (TÜV SÜD) led an insightful discussion with our panellists, Ms Liz Fendt (TÜV SÜD), Ms Elise Becker (Lufthansa Group), Ms Zsofia BALATONI (Rothman & Roman Group), Ms Vivian Chua (HP) and Dr. Maren Celine Schweizer (Schweizer World Group - Here for Innovation), on business trends, challenges and opportunities in achieving Gender Equality.

It was an insightful exchange on sustainability-driven targets, achievements and measures towards Gender Equality.

The attendees benefited greatly from the discussion and sharing during the Q&A. We would like to thank all who joined us in order to make the event a success!
Forum: Local SMEs and their sustainable transition: how can European MNCs support it?

22 May - EuroCham in collaboration with GCNS, SBF and UOB, organised the 'Forum: Local SMEs and their sustainable transition: how can European MNCs support it?' at SBF.

We would like to thank the Minister of State for Trade and Industry, Mr Alvin Tan, for being the Guest of Honour and for his insightful sharing during the moderated Q&A with Mr Don Wee.

In this business seminar, we explored the role that MNCs can play in supporting local SMEs, with an emphasis on the importance of collaboration and partnerships between MNCs, SMEs, and other stakeholders in creating a more sustainable future for all in five different breakout sessions covering topics like Mobility, Consumer Markets, Pharma, Chemical and Waste/Energy. We would like to thank all our moderators and panellists involved.
The attendees benefited greatly from the various panel discussions and sharing during the Q&As.
Event: Supply Chain Efficiency Breakfast Talk

25 May - EuroCham, in collaboration with HERE Technologies, organised our first Future of Mobility Breakfast Talk on “Supply Chain Efficiency”.

We would like to thank Mr Abhijit Sengupta (HERE Technologies) for his insightful keynote sharing.

Our moderator, Associate Professor Huay Ling Tay (Singapore University of Social Sciences (SUSS)) led an insightful discussion with our panellists, Mr Kushal Rajveer (HERE Technologies), Mr Matthias De Saedeleer (PSA International Pte Ltd), Mr Matthew Gallagher (Kuehne+Nagel), Mr Shahjar Jogi (FarEye), on leveraging digital technology to optimize the flow of goods across supply chain, therefore driving sustainability.

The attendees benefited greatly from the discussion and sharing during the Q&A. We would like to thank all who joined us in order to make the event a success!
Partner Event: CapitaLand Sustainability X Challenge (CSXC) 2023

Date: 1 June 2023

Partner Event: EU-ABC's Geopolitics & risks to business, and where does ASEAN fit in all of these?
Date: 5 June 2023
Venue: Bosch (South East Asia)

Partner Event: EU-ABC's In Conversation with DG Environment: Understanding the EU Deforestation Regulation
Date: 9 June 2023
Venue: SAP

Partner Event: EU Cycling for Sustainability Rally 2023

Date: 10 June 2023
Venue: Pulau Ubin

Partner Event: BLCC’s Gala 2023

Date: 10 June 2023
Venue: Amara Sanctuary Resorts Sentosa

Partner Event: Seamless Asia 2023
Date: 27 - 28 June 2023
Venue: Marina Bay Sands Expo & Convention Centre

Partner Event: Precision Public Health Asia 2023 Conference
Date: 12 - 14 July 2023
Venue: Centre for Healthcare Innovation (CHI)

Partner Event:  Singapore Business Show 2023

Date: 30-31 August 2023
Venue: Singapore Expo

Partner Event: Accounting & Finance Show Asia 2023
Date: 10 - 11 October 2023
Venue: Suntec Convention Centre, Singapore

Stand a chance to fly to Switzerland on SWISS for the Montreux JAZZ festival this July and watch the exciting musical concert live!

Find out more and win: https://www.swiss.com/content/lx/markets/sg/en/local-page/jazz-terms-and-conditions?utm_source=eurocham. Contest ends 31 May.
The safety of all attendees is our top priority.  All events are online until further notice.
We are closely monitoring the COVID-19 situation and will implement
further precautionary measures as and when announced by the government.

For any questions, comments, or ideas, please do not hesitate to get in touch.

All the best,

Nele Cornelis


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