Ethical Finance ASEAN 2023: Financing Transition

Virtual summit: Thursday 30th March 2023, 10:00 - 14:00, Malaysia Time
(Two sessions - 10:00-11:30 MYT and 12:30-14:00 MYT)

We are pleased to partner with the Asian Institute of Chartered Bankers once again for the virtual Ethical Finance ASEAN 2023 summit, following last year’s inaugural Ethical Finance ASEAN summit.

EF ASEAN 2023 will tackle the theme of transition, exploring how financial institutions can support Southeast Asian economies in their transition towards Net Zero.

Across two 90-minute sessions taking place from 10:00 AM MYT on 30 March 2023 (two sessions – 10:00-11:30 MYT and 12:30-14:00 MYT), the summit will look at topics including the ASEAN Sustainable Finance Taxonomy, the just transition and the important of a social dimension to financing, nature and biodiversity, the role of Islamic finance, and the professional skills needed to deliver the transition.

Agenda


Session

Session Title

Welcome

GEFI & AICB

Keynote

Keynote

Presentation:
Financing the Transition to Net Zero in ASEAN

Presentation on financing the transition to net zero in the region.

Fireside/ Presentation:
The ASEAN Sustainable Finance Taxonomy

Fireside session on the ASEAN Sustainable Finance Taxonomy and regulation in ASEAN

Panel:
Financing a Just Transition

Embedding the S into transition finance

BREAK

Panel:
Sustainable Islamic Finance

Panel discussion on Sustainable Islamic Finance

Fireside:
Sustainable Finance Skills

Practically delivering the transition in financial institutions

Panel:
Nature-based Solutions for a Net Zero Transition

Unique challenges and opportunities for nature finance in ASEAN

Closing Remarks

Chairman, Asian Institute of Chartered Bankers (AICB)

Tan Sri Azman Hashim, FCB

Non-Executive Chair, Standard Chartered Bank Malaysia Berhad and AICB Council Member

Datuk Yvonne Chia

Chief Executive Officer, HSBC Amanah Malaysia Berhad

Raja Amir Shah Raja Azwa

Chief Executive, Chartered Banker Institute UK

Simon Thompson

Director, Center for International Collaborations, Beijing Institute of Finance and Sustainability, China

Cheng Lin

Chief Executive Officer, Sustainable Finance Institute Asia, Malaysia

Eugene Wong

Director of Advisory, Finance Earth

Gail Hurley

FCB Chairman, Citi Private Bank, South Asia, Singapore

Dato’ Lee Lung Nien

Chairman, MIFC Leadership Council

Tan Sri Azman Mokhtar

GFRI Asia Pacific Lead & Sustainable Finance Advisor (Malaysia), WWF

Adam Ng

Managing Director, Global Head of Research and Methodology, S&P Global

Steven Bullock

Head of Special Projects, Islamic Sustainable Finance, CEO Office, Maybank Islamic Berhad

Liza Mydin

Chairman, Asian Institute of Chartered Bankers (AICB)

Tan Sri Azman Hashim, FCB

Tan Sri Azman Hashim has been in the banking industry since 1960 when he joined Bank Negara Malaysia. He practised as a Chartered Accountant in Azman Wong Salleh and Co. from 1964 to 1971. He was on the board of Malayan Banking Berhad from 1966 to 1980 and was its Executive Director from 1971 until 1980. He was the Executive Chairman of Kwong Yik Bank Berhad, a subsidiary of Malayan Banking Berhad, from 1980 until 1982 when he acquired AmInvestment Bank Berhad.

Tan Sri Azman is Chairman of the Asian Institute of Finance Berhad, Asian Institute of Chartered Bankers, Asian Banking School Sdn Bhd, Malaysian Investment Banking Association, the Malaysia Productivity Corporation, Malaysia South-South Corporation Berhad and Chairman Emeritus of Pacific Basin Economic Council (PBEC).

He is the President of Malaysia South-South Association, Malaysia-Japan Economic Association, Malaysian Prison FRIENDS Club and a Member of the APEC Business Advisory Council and East Asia Business Council. He is also the Leader of the ASEAN Japanese Business Meeting (Malaysia Committee, Keizai Doyukai). He is the Pro-Chancellor of Open University of Malaysia and a member of the Governing Body of Asian Productivity Organisation.

Tan Sri Azman is also involved in several charitable organisations as Chairman and Trustee of AmGroup Foundation and Perdana Leadership Foundation and Trustee for Yayasan Azman Hashim, Malaysian Liver Foundation, Yayasan Tuanku Najihah and Yayasan Canselor Open University Malaysia. Tan Sri Azman is also the Founder and Council Member of Azman Hashim Family (L) Foundation and Azman Hashim Charitable (L) Foundation.

Non-Executive Chair, Standard Chartered Bank Malaysia Berhad and AICB Council Member

Datuk Yvonne Chia

Datuk Yvonne Chia is a trailblazer for women in banking, being the first woman Chief Executive Officer appointed to head a commercial bank in Malaysia and the region. An award-winning senior banker, she was named among the ‘50 Business Women in the Mix’ in 2013 by Forbes Asia, and is a two-time finalist of the CNBC Asia Business Award.

She has been in the ASEAN banking scene, with a focus on Malaysia, for the last three decades. Her record of strategic leadership and value creation has transformed the value of banks that she led, with strong execution to achieve success in mergers, greenfield/start-ups, high growth and turn-around operations. A proven strategist and influencer/mentor with a strong understanding of relationships and engagements with institutional partners, customers, staff and the community. She believes in young talent bringing disruption to the world and shares her views on this through various forums and leadership development platforms.

Blessed with tremendous energy, she is action-oriented and professes the philosophy of staying ahead and being adaptable to the changing times with a sharp focus on the emerging trends in ESG and disruptive technology. She believes that people make the difference, and having the right people will generate the desired outcomes. She advocates for everyone to be a master of change and applies her philosophy to be significant in everything she chooses to do.

She currently chairs and sits on the board of several listed companies as well as NGOs.

Chief Executive Officer, HSBC Amanah Malaysia Berhad

Raja Amir Shah Raja Azwa

Raja Amir was appointed as Chief Executive Officer of HSBC Amanah in May 2021, and is responsible for executing the HSBC Group‘s strategy for Islamic banking in Malaysia, driving sustainable leadership and value-based intermediation efforts while spearheading the development of talent, particularly in relation to Islamic finance and sustainability within the Group.

Prior to his appointment, Raja Amir was the Head of Debt Capital Markets, Malaysia. He has made many material contributions to the development of the international and Malaysian Sukuk market, having originated, structured and executed multiple first to market landmark sukuk transactions across Asia for both corporates, financial institutions and the public sector.

He started his career in London in the tech industry, and moved to a local investment bank in 2006. Thereafter, he joined HSBC Amanah in 2010 and has since held various roles within the International Currency Business Unit and Debt Capital Markets team. Throughout his time with the Debt Capital Markets team, HSBC has been consistently awarded the Best Bond House (Global) by the Asset Triple A Country Awards.

In recent times, he led the Government of Malaysia‘s USB 800 mn Sustainability Sukuk, being the world‘s first ever Sustainability Sukuk by a Sovereign as well as the issuance of Yinson Holdings Berhad‘s MYR1.0 billion 5-year Sustainability-Linked Sukuk Wakalah, Malaysia‘s first ever Sustainability-Linked Sukuk.

Raja Amir is also in charge of delivering Project Cocoon, an initiative to transform HSBC Amanah into HSBC Group‘s first sustainable bank by the end of 2022. With his leadership, HSBC Amanah has been awarded the coveted Asset Triple A Islamic Finance Awards “Islamic ESG Bank of the Year” for the 2nd consecutive year and “Best Islamic Trade Finance Bank” for the 4th consecutive year.

Chief Executive, Chartered Banker Institute UK

Simon Thompson

Simon leads our work to shape and implement professional standards and professional development for bankers. Simon Thompson was appointed as our Chief Executive in 2007. In 2011, Simon led the establishment of the Chartered Banker Professional Standards Board (CB:PSB). He is a Board member of the CB:PSB and chairs the CB:PSB’s Professional Standards Committee.

Before joining us, Simon was responsible for managing the International Accounting Education Standards Board (IAESB), developing ethics and education standards for accountants. He previously worked for the Association of Chartered Certified Accountants (ACCA), establishing ACCA in 25 countries in Central & Eastern Europe, and leading a number of EU and other donor-funded accounting education and reform programmes.

Simon holds a BA (Politics and Economics) from the University of Newcastle-upon-Tyne, and an MBA from the University of Edinburgh. He is one of our Fellows (FCIBS), and a Chartered member of the Chartered Institute of Personnel and Development (MCIPD).

Simon chairs the Global Education Standards Committee recently established by a group of leading international banking institutes, and is a lay member of the General Teaching Council for Scotland. He is a former Vice President of the European Bank Training Network.

 

Director, Center for International Collaborations, Beijing Institute of Finance and Sustainability, China

Cheng Lin

Cheng Lin is the Director of the Center for International Collaborations at the Institute of Finance and Sustainability (IFS), Head of Secretariat Beijing Office for the Green Investment Principles (GIP) for the Belt and Road. He has been leading the Global Green Finance Leadership Program (GFLP), a platform for capacity building and knowledge sharing on green finance, working under the G20 Green Finance Study Group (2016–2018) and the G20 Sustainable Finance Working Group (2021–), as well as the Network for Greening the Financial System (NGFS) since 2017.

Prior to joining the IFS, he served as Deputy Director of the Research Center for Green Finance Development at the PBC School of Finance of Tsinghua University (2017–2021). Before that, he was with the PBOC from 2010 to 2017, including the International Department and Haikou Central Sub-branch. From 2014 to 2015, he was Deputy Representative at the PBOC Representative office in Tokyo.

He received a bachelor’s degree from Wuhan University in 2018 and a master’s degree from Shanghai International Studies University in 2010. He studied in the University of York on Environmental Economics as a Chevening Scholar between 2021 and 2022.

Chief Executive Officer, Sustainable Finance Institute Asia, Malaysia

Eugene Wong

Eugene Wong is the Chief Executive Officer of SFIA, an independent institute established to catalyse ideas on Sustainable Finance at the policy level in ASEAN, as well as propel action in support of those policy ideas. SFIA is the Host of the ASEAN Taxonomy Board.

Eugene was previously the Managing Director, Corporate Finance & Investments of the Securities Commission Malaysia (“SC”). He also oversaw the SC’s ASEAN related initiatives and was a Chair of the Deputies of the ASEAN Capital Markets Forum and the Co-Chair of its Sustainable Finance Working Group. In addition, he was a Co-Chair of the ASEAN Working Committee on Capital Market Development. He also served as a member of the Audit Oversight Board in Malaysia and was an Adviser to the Malaysian Accounting Standards Board.

Prior to joining the SC, Eugene held positions in a merchant bank, a stockbroking company and in the corporate finance division of an international accounting firm.

Eugene is a Fellow of Chartered Accountants Australia and New Zealand, Fellow of CPA Australia and a Chartered Accountant of the Malaysian Institute of Accountants. He has an Advanced Diploma in Corporate Finance from The Institute of Chartered Accountants in England & Wales (ICAEW) and holds a B. Comm. from the University of Melbourne.

 

 

Director of Advisory, Finance Earth

Gail Hurley

Gail is Director of Advisory at Finance Earth, a mission-driven social enterprise, working in partnership with world leading environmental organisations to protect and restore nature utilising market based mechanisms and implementing bespoke financial tools. We help create projects – and the investment vehicles to fund them – that balance positive outcomes for nature, communities and investors.

Gail is a specialist in innovative financing models for the blue economy, with a particular focus on developing financing solutions in the Global South. She has worked across several jurisdictions, including Africa, the Caribbean and Pacific. She has worked on a range of financing mechanisms, including incubation funds, blended finance funds, impact bonds and debt-for-development swaps.

She has also worked in sustainable finance and international development since 2004, and has held senior advisory roles in the UN (UNDP and the World Food Programme), and has worked as an independent advisor and researcher for philanthropic foundations and the non-profit sector. She served as a Fellow with Development Initiatives between 2019 and 2021, a leading development organisation in the UK. She currently serves on the Global Steering Group of the Global Ethical Finance Initiative (GEFI), a non-profit organisation based in Scotland as well as the Board of Jubilee Scotland.

FCB Chairman, Citi Private Bank, South Asia, Singapore

Dato’ Lee Lung Nien

Dato’ Lee Lung Nien joined Citi 30 years ago and was Chief Executive Officer of Citi Malaysia from 2014 to 2020. He previously held various other senior roles including co-head of corporate sales and structuring for markets and securities services, chief operating officer for Singapore, and AML (anti-money laundering) business head of Asia Pacific.

Chairman, MIFC Leadership Council

Tan Sri Azman Mokhtar

Tan Sri Azman Mokhtar is currently the Chairman of Lembaga Tabung Haji Malaysia (Hajj Pilgrims Fund Board), the Chairman of the Board of Directors of Universiti Teknologi Malaysia (UTM), the Chairman of INCEIF (The International Centre for Education in Islamic Finance) and the Chairman of the Leadership Council of the Malaysia International Islamic Finance Centre (MIFC). Between June 2004 and July 2018, he was the Managing Director of Khazanah Nasional Berhad (“Khazanah”), Malaysia’s strategic investment fund. His other current affiliations include as a member of the Global Future Council on Investing of the World Economic Forum (Davos), a member of the Steering Committee of the Global Ethical Finance Initiative (GEFI) based in Edinburgh and as a board member of MERCY Malaysia, a humanitarian relief organization. Azman was the Distinguished Visiting Fellow at the Centre of Development Studies, University of Cambridge (February 2019 to February 2021) and a Bye-Fellow of Darwin College, Cambridge (February 2019 to February 2022). His research interest is in the area of Finance and its impact on Society.

He is also currently a member of the Majlis Kebangsaan Hal Ehwal Agama Islam Malaysia (National Council for Islamic Affairs, Malaysia) and until recently, the Majlis Pemulihan Negara (National Recovery Council (for Covid-19)) and the Majlis Kemakmuran Bumiputera (Bumiputera Prosperity Council) in Malaysia. Azman is also a member of the Board of Governors of The Malay College Kuala Kangsar, an Adjunct Professor at UTM, a trustee of the Wawasan Education Foundation in Penang, Malaysia, a member of the Finance Advisory Committee of the Oxford Centre for Islamic Studies, a board member of VB Asset Management LLC, a Venture Capital Fund investing in Life Sciences in the United States and an Advisor to The Hive IV, a Silicon Valley based Technology Venture Capital fund. In early 2020, he co-founded Fitrah Capital Associates, a financial and strategy advisory firm incorporated in the United Arab Emirates.

GFRI Asia Pacific Lead & Sustainable Finance Advisor (Malaysia), WWF

Adam Ng

Adam Ng is the Greening Financial Regulation Initiative (GFRI) Asia-Pacific Lead and Sustainable Finance Advisor (Malaysia) at the World Wide Fund for Nature (WWF). He was previously with the central bank, international liquidity management corporation, academia and research management centre, contributing to Islamic and sustainable finance initiatives. He completed his graduate degree and postdoctoral fellowship at Oxford.

Managing Director, Global Head of Research and Methodology, S&P Global

Steven Bullock

Steven Bullock leads the ESG Innovation and Solutions Team at S&P Global Sustainable1. As head of this group, Steve has successfully led the development of Trucost’s suite of climate and impact analytics products, including Carbon Earnings at Risk, Paris Alignment, Physical Risk and SDG Analytics. Steve has played a leading role on the world’s first public environmental profit and loss “EP&L” account for PUMA and supported GPIF, the world’s largest asset owner, on their inaugural TCFD-aligned reporting.

Head of Special Projects, Islamic Sustainable Finance, CEO Office, Maybank Islamic Berhad

Liza Mydin

Liza Mydin is currently leading the development and implementation of Social Impact solutions for Maybank Islamic. She co-developed the country’s and the bank’s first Social Impact Deposit initiative to extend financial relief to those whose incomes were affected by the COVID-19 pandemic. In 2020, she was seconded to Maybank Group as Sustainability Co-Lead and was instrumental in developing the Group’s five-year Sustainability strategy and commitments. She previously worked at Al Rajhi Bank Malaysia in 2010 as the Vice President of Compliance and prior to that she was at PriceWaterhouseCoopers in their Global Islamic Finance Advisory team.

Liza has a Postgraduate Certificate in Sustainable Finance and ESG Investing from the Leonard Stern School of Business at New York University and holds a PhD in Islamic Finance from INCEIF. In 2016, she undertook a Visiting Scholar position at the George Washington University, Washington D.C., where she conducted post-doctoral research and became co-founding member of the Islamicity Indices, a global initiative aimed to encourage reformation and socio-economic development in Muslim countries. Liza co-authored two books in 2017 and 2018 titled Reformation and Development in the Muslim World (Palgrave Macmillan) and Resource Rich Muslim Countries and Islamic Institutional Reforms (Peter Lang). In 2019 she co-wrote a thought leadership paper with Schroders under the Maybank Islamic Centre of Excellence titled The Alignment of Shariah and Sustainable Investing. She is also the author of a children’s book on social justice titled The Three Village Boys currently available in bookstores in the US, UK, Singapore and Malaysia.