Asia Summit 2016

Asia Summit 2016

Program


Wednesday, September 14, 2016

Wed 9/14
9:00 am - 2:30 pm

Financial Innovations Lab: Infrastructure Finance (By invitation only)

Wed 9/14
3:00 pm - 5:30 pm

Roundtable: Rethinking Aging, Retirement and Asia's Longevity Market (By invitation only)

This private roundtable will focus on the business opportunities presented by aging populations around the world with a discussion of the wants and needs of the rapidly growing cohort of older adults in Asia. The Milken Institute Asia Center and Center for the Future of Aging will also present Phase I of our collaborative report, "Redefining Traditional Notions of Aging." Your feedback will help frame our work on Phase II of the report, which will center on the cultural discourse around aging in Asia and life as a continuum in which individuals are empowered to define and derive purpose.

Wed 9/14
4:00 pm - 6:00 pm

A Wall Street Journal Event:
How the U.S. Election Is Changing Parties, Politics and the World

Welcoming Remarks

Michael Klowden

CEO, Milken Institute

Introduction By

Paul Beckett

Incoming Washington, D.C., Bureau Chief and Deputy Managing Editor, Wall Street Journal

Speaker

Gerard Baker

Editor-in-Chief, Wall Street Journal and Dow Jones

Wed 9/14
6:30 pm - 8:30 pm

Welcome Reception (By invitation only)

Thursday, September 15, 2016

Thu 9/15
8:45 am - 10:00 am

Global Overview: Navigating an Uncertain World

After a rocky start, global financial markets have shown surprising resilience in 2016. Jitters over slowing economic growth in China have subsided somewhat, offset by strength in U.S. job growth. The UK vote to exit the European Union initially shocked markets in June, but the sell-off was brief -- and followed by a powerful rally in stocks worldwide, particularly in emerging markets. But equities have been underpinned in part by continued massive accommodation by central banks. Meanwhile, terrorist attacks, a backlash against immigration and free trade, and the divisive U.S. presidential election have fed an undercurrent of fear in the global economy and markets. The Asia Summit kicks off with a hard look at the most important issues facing government, business and investors heading into 2017. What are the near-term prospects for economic growth in Asia and the rest of the world? What are the biggest impediments to the region's aspirations -- and the major positives? Where are the financial markets going from here?

Welcoming Remarks

Michael Klowden

CEO, Milken Institute

Moderator

Jonathan Woetzel

Director, McKinsey Global Institute; Senior Partner, Shanghai, McKinsey & Co.

Speakers

Ronnie C. Chan

Chairman, Hang Lung Properties Ltd.

Ravi Menon

Managing Director, Monetary Authority of Singapore

Michael Milken

Chairman, Milken Institute

Steven Tananbaum

Founder, Managing Partner and Chief Investment Officer, GoldenTree Asset Management

Peter Wuffli

Chairman, Partners Group Holding AG

Thu 9/15
10:15 am - 11:00 am

A Fireside Chat with Serge Pun: Building Myanmar

In 1962, a socialist coup d'etat marked the beginning of military rule in Myanmar. A young Serge Pun fled his homeland, setting him on a path to becoming one of Myanmar's most successful tycoons. Today, he runs a sprawling business empire with interests in real estate, banking, civil aviation and other industries, while Myanmar continues its political evolution toward true democracy. Over the years, Pun's accomplishments have set an example for entrepreneurial success in Myanmar. From the establishment of First Myanmar Investments in 1992 to the financial crisis of 2003 and most recently, the opening of the Yangon Stock Exchange, Pun's personal journey and business success have been inextricably intertwined with Myanmar's transformation. In this intimate session, Pun speaks with Staci Warden of the Milken Institute's Center for Financial Markets about his views on Myanmar, the challenges that lie ahead, and why he is personally invested in the success of his country.

Interviewer

Staci Warden

Executive Director, Center for Financial Markets, Milken Institute

Speaker

Serge Pun

Executive Chairman, Serge Pun & Associates

Thu 9/15
10:15 am - 11:15 am

Cybersecurity: Can the Next Threat Be Stopped?

As our reliance on connectivity grows, cyberattacks are escalating in frequency and sophistication. The banking industry was stunned early this year when hackers stole $81 million from the Bank of Bangladesh's Federal Reserve account using Society for Worldwide Interbank Financial Telecommunication credentials. Global cybercrime will cost businesses over $2 trillion by 2019, according to Juniper Research. One response is to adopt defensive strategies to prevent hackers from penetrating networks. For example, Singapore plans to cut Internet connections to public employees' computers, allowing access only through dedicated terminals, a seeming contradiction to its Smart Nation initiative to build more integrated networks. A more offensive strategy also is emerging in which threat-intelligence providers track cyber-thieves in underground Web forums and on social media to learn their methods and prevent assaults. This panel will discuss the latest threats that lurk in cyberspace and the steps companies and governments can take to counter them.

Moderator

Jeevan Vasagar

Singapore and Malaysia Correspondent, Financial Times

Speakers

Aditya Mathur

Professor and Head of Information Systems Technology and Design, Singapore University of Technology and Design

Jacqueline Poh

Managing Director, Infocomm Development Authority of Singapore

Alain Raes

Chief Executive, Asia-Pacific and Europe Middle East and Africa, SWIFT

Nadav Zafrir

Co-Founder and CEO, Team8; Former Commander, Technology and Intelligence Unit 8200, Israeli Defense Forces

Thu 9/15
10:15 am - 11:15 am

Tapping Into Asia's Longevity Market

The term "demographic dividend" has often been used to describe the growth potential of societies with young populations. But another demographic dividend, the longevity dividend, will open massive markets for business growth, a potential long ignored by leaders in business, policy and other domains. A fast-growing cohort of healthier, more active, more mobile and wealthier older adults can power a new economy, both as consumers and productive workers. Innovations in healthcare, technology, banking, consumer goods, and other products and services focused on this demographic can generate large returns for forward-looking businesses. Often seen as a social and financial burden, population aging presents a significant source of future growth, and it's time for companies to capitalize on the opportunities. This panel will explore the exciting potential of the longevity economy for employers, entrepreneurs and wise investors.

Moderator

Paul Irving

Chairman, Milken Institute Center for the Future of Aging; Distinguished Scholar in Residence, Davis School of Gerontology, University of Southern California

Speakers

Angelique Chan

Associate Professor and Executive Director, Centre for Ageing Research and Education, Duke-NUS Graduate Medical School

Michael Hodin

CEO, Global Coalition on Aging; Managing Partner, High Lantern Group

Anna Hughes

Managing Director and Lead Analytical Manager, Sovereign and International Public Finance Ratings, Asia-Pacific, S&P Global Ratings

Peter Nicholson

Vice President, Business Development and Strategy, Nestlé Skin Health

Thu 9/15
11:15 am - 12:15 pm

The New Faces of Asia: Leaders Transforming the Region

As Asia moves into an era of high technology and expanding business opportunities, a new generation of leaders is emerging. What leads them to decide to step up and diversify their family business, or in other cases, to pave their own path? Where do they see the greatest opportunities for value creation and innovation? How do they think about the overlap of profit and social responsibility? Do they view innovation, empowerment and philanthropy as integral parts of the businesses they operate? What positive impact can they create in society over the next decade? This discussion will highlight the intersection of business, values and society as new leaders take their businesses, and the region, into the future.

Moderator

Richard Ditizio

President and Chief Operating Officer, Milken Institute

Speakers

Dilhan Fernando

Director, Dilmah Tea

Leili Gerami

Chairman, LEGE Investments; Partner, Maven Pictures

Ren Hua Ho

CEO, Thai Wah Public Co. Ltd.

Panote Sirivadhanabhakdi

Group CEO, Frasers Centrepoint Ltd.

Anthony Tan

Group CEO and Co-Founder, Grab

Thu 9/15
12:15 pm - 1:45 pm

Global Capital Markets: The Search for Value

Whipsawing global capital markets have kept investors guessing throughout 2016. The severe fluctuations raise the question, how do investors make sense of -- and find value in -- a volatile environment? Our panel of experts will pinpoint some of the best value ideas across the spectrum of asset allocation options. What geopolitical, economic and market indicators should investors consider as they think about asset allocation strategies? What do low interest rates in Europe's largest economies mean for emerging markets and alternative investments? Are there ways for investors to find dollar-denominated assets with meaningful absolute returns? Which types of investments now have the best risk-return ratios? Should investors consider deploying capital to less liquid strategies, or is the most prudent idea simply waiting on the sidelines for better values to emerge in 2017?

Introduction By

Laura Deal Lacey

Executive Director, Asia, Milken Institute

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Gordon Fyfe

CEO and Chief Investment Officer, British Columbia Investment Management Corp.

Lawrence Golub

CEO, Golub Capital

Omar Lodhi

Partner and Regional Head, Asia, Abraaj Group

Larry Post

Partner, Arena Capital Advisors

Thu 9/15
2:15 pm - 3:15 pm

Artificial Intelligence: Blurring the Lines Between Humans and Machines

For decades, futurists and science fiction writers predicted that smart machines would someday rival the intelligence of humans. Now, their forecasts seem to be coming true. Artificial intelligence, or AI, already exceeds human capability in certain fields. Machines can send and receive signals and analyze vast quantities of data faster than humans. They have learned to drive cars, manage stock portfolios and, through personal assistants such as Siri and Alexa, talk to us. In the not-so-distant future, AI may even augment our own brain functions. But as with all revolutions, the potential of AI raises concerns. Among the biggest: Some worry that that its growing capability may trigger the largest labor displacement since the Great Depression. This panel will explore the many ways artificial intelligence will shape our workforce, culture and institutions in the years to come.

Moderator

James Cham

Partner, Bloomberg Beta

Speakers

Pascale Fung

Professor, Department of Electronic and Computer Engineering, Hong Kong University of Science and Technology

Ben Goertzel

Chief Scientist, Hanson Robotics; Chief Scientist, Aidyia Ltd.

Hsiao-Wuen Hon

Corporate Vice President, Microsoft Corp.; Chairman, Asia-Pacific R&D Group, Microsoft

Thu 9/15
2:15 pm - 3:15 pm

Credit Market Outlook

The world's central banks have been a major boon to investors as they've pumped unprecedented amounts of liquidity into the global financial system since the 2008 crash. This has allowed many companies to push out maturities and save on interest expenses. On the flip-side, investors have been pushed into riskier assets and as new, but sometimes less experienced competitors, such as corporations backed by large balance sheets, have entered the market. As we look across the spectrum of credit, where are the investment opportunities? How has increased banking regulation benefited the rise of fund strategies focused on private debt and structured credit? Members of our panel will share their perspective on the evolving global credit landscape to identify pockets of opportunity across the broad spectrum of credit.

Moderator

Oriel Morrison

Anchor, CNBC Asia Pacific

Speakers

Paul Horvath

Group CEO, Orchard Global Capital Group

Christopher Lee

Managing Director and Chief Ratings Officer, Greater China, S&P Global Ratings

Shyam Maheshwari

Partner, SSG Capital Management

Robert Petty

Managing Partner and Co-Founder, Clearwater Capital Partners

Thu 9/15
2:15 pm - 3:15 pm

Rejuvenating Japan (By invitation only)

Moderator

Kotaro Tamura

Asia Fellow, Milken Institute; Chairman, Japan Intelligence Initiative; Former Senator and Parliamentary Secretary for Economic and Fiscal Policy, Japan

Thu 9/15
3:30 pm - 4:30 pm

Capturing the Opportunity in Asia's Growing Middle Class

Asia's middle class is expected to account for two-thirds of the global middle class by 2030 -- and more than half of middle-class consumption worldwide. The region's economic growth during the last two decades has created a richer, more confident and more urbanized consumer cohort, and although they are a potential bonanza for regional and foreign businesses, they are more discerning and tech-savvy in their buying behavior than the generations before them. This panel of experts will look at the opportunities -- and pitfalls -- that accompany selling to Asia's burgeoning middle class. How are global companies reaching this demographic? How do middle-class expectations in Asia differ from those in Europe and the U.S.? And which goods and services have the greatest sales potential in the region over the next 10 years?

Moderator

Kevin Sneader

Chairman, Asia, McKinsey & Co.

Speakers

Sam Fischer

President, Greater China and Asia, Diageo

Patrick Grove

Group CEO, Catcha Group; Chair, iflix

Christopher Townsend

President, Asia, MetLife Inc.

Jaime Zóbel de Ayala

Chairman and CEO, Ayala Corp.

Thu 9/15
3:30 pm - 4:30 pm

FinTech: Disrupting the Future of Banking and Finance

FinTech--the rapid evolution of software-based financial services--is remaking Asia's banking industry, as in the rest of the world. The success of startups focused on innovations such as digital payment systems and peer-to-peer lending promises more value for individuals and businesses as financial services are delivered more efficiently, at lower cost and in a way that targets customers' specific needs. In the face of this digital disruption, traditional service providers must learn how to adapt. This panel of Asia's leading voices in financial services and technology will share their views on the rise of FinTech and its implications. How can traditional banking institutions profitably transform their legacy processes? What kind of cross-industry partnerships can ensure the health of this blossoming sector? What role should regulators play in fostering innovation while safeguarding the financial system?

Moderator

Neal Cross

Managing Director and Chief Innovation Officer, DBS Bank

Speakers

Sahil Kini

Principal, Aspada Investments

Dave McClure

Founding Partner, 500 Startups

Jon Medved

Founder and CEO, OurCrowd

Sopnendu Mohanty

Chief FinTech Officer, Monetary Authority of Singapore

Chris Wei

Executive Chairman, Aviva Asia and Friends Provident International; Global Chairman, Aviva Digital

Thu 9/15
3:30 pm - 4:30 pm

Roundtable: Global Capital Markets Advisory Council (By invitation only)

The Global Capital Markets Advisory Council (GCMAC) meeting brings together institutional investors from around the world for a wide-ranging discussion about financial markets. GCMAC is made up of senior leaders of large funds who represent more than $20 trillion in assets under management. For nearly a decade, the GCMAC has provided CIOs of the world's largest pension funds, endowments, foundations, insurance companies and sovereign wealth funds with a private, off-the-record forum to discuss the opportunities and challenges facing institutional investors. The meeting will offer a rare opportunity for senior investment officers and principals to speak candidly about the issues that drive their decisions and to gather nonconsensus views about markets and macroeconomic trends.

Moderator

Richard Ditizio

President and Chief Operating Officer, Milken Institute

Speakers

Raphael Arndt

Chief Investment Officer, Future Fund, Australian Government

Gordon Fyfe

CEO and Chief Investment Officer, British Columbia Investment Management Corp.

Tzu Mi Liew

Chief Investment Officer, Fixed Income, and Managing Director, GIC

Andrew Major

General Manager, Unlisted Assets, HESTA

Nicole Musicco

Managing Director, Ontario Teachers' Pension Plan, Hong Kong

Sanjay Tikku

Senior Advisor, KAUST Investment Management Co.; Visiting Professor, University of Hong Kong

Thu 9/15
5:00 pm - 6:00 pm

India's Road to Prosperity: Two Steps Forward, One Step Back

India this summer adopted a unified goods and services tax, widely considered the nation's most significant economic reform in decades. Even so, critics say the sweeping modernization that Prime Minister Narendra Modi promised in 2014 has largely gone unaccomplished. The economy's growth in 2016 has defied the global slowdown, and foreign investment remains strong. But in most sectors, including telecommunications, energy and aviation, reform still is a work in progress. This panel will discuss the most pressing needs facing the subcontinent's economy. With many states having almost autonomous functions, how can India rid itself of systemic "red tapism" and encourage more investment from abroad? How should the government address the country's huge infrastructure and transportation challenges? Will digital innovation enable the economy to leapfrog ahead, or will bureaucracy hold it back? What will it take for Modi to lead India into a new era of prosperity?

Moderator

Reuben Abraham

Asia Fellow, Milken Institute; CEO and Senior Fellow, IDFC Institute

Speakers

Rajeev Chandrasekhar

Member of Parliament, India

Rajesh Jain

Founder and Managing Director, Netcore Solutions

Manish Sabharwal

Chairman and Co-Founder, Teamlease Services

Thu 9/15
5:30 pm - 6:30 pm

Senior Regional Leaders (By invitation only)

In this exclusive, off-the-record gathering, a select group of senior leaders will discuss the most-pressing economic challenges and the greatest opportunities on the horizon from both regional and global perspectives. The aim of this invitation-only meeting is to provide an opportunity for guests to hear frank, unfiltered insights from key leaders in business and finance.

Moderator

Timothy Dattels

Managing Partner, TPG Capital Asia

Thu 9/15
7:00 pm - 9:00 pm

Dinner Program

Introduction By

Kirk Wagar

U.S. Ambassador to Singapore

Moderator

Michael Milken

Chairman, Milken Institute

Performer

Morgan James

Singer, Songwriter and Actress

Speaker

Indra K. Nooyi

Chairman and CEO, PepsiCo

Friday, September 16, 2016

Fri 9/16
8:00 am - 9:00 am

Women Leaders: Defining the Trends Pushing Asia Forward (By invitation only)

This session provides a platform for a select group of senior women leaders in Asia's finance industry to participate in a peer-led discussion about the region's future. This off-the-record roundtable will focus on the trends, innovations and disruptions that are shaping the future of the Asia-Pacific region. What are the opportunities and the challenges? This session offers participants a chance to hear candid insights from their peers and be a part of an interactive conversation on how women are defining the new rules of the game.

Moderator

Tracey Woon

Vice Chairman, Asia-Pacific, Wealth Management, UBS AG

Fri 9/16
9:00 am - 10:00 am

Investment Outlook from Global Industry Titans

Private equity deal value for 2015 proved resilient as reported global buyouts reached $282 billion, about 5 percent more than the previous year. But as values climb, private equity firms find themselves competing more and more with deep-pocketed corporate buyers seeking growth via acquisitions. Among them is a growing number of Asian buyers snapping up strategically positioned U.S. and European companies and trophy assets. These trends are making reasonably valued buyout targets difficult to find, raising more questions about how the PE industry will maintain decent returns on capital invested. This panel of private equity titans will address the major challenges facing the industry and highlight the opportunities. What are the key elements of a successful deal, and how have those dynamics changed over the years? Are mega-buyouts a thing of the past? Which industries are most attractive now for PE investors -- and do those industries differ across the U.S., Asia and Europe? What are the highest-priority considerations for PE investors at this point in the cycle?

Moderator

Michael Milken

Chairman, Milken Institute

Speakers

Leon Black

Chairman, CEO and Director, Apollo Global Management

David Bonderman

Chairman and Founding Partner, TPG

Lei Zhang

Founder, Chair and CEO, Hillhouse Capital Management Group

Fri 9/16
10:00 am - 12:00 pm

Family Program (By invitation only)

The Family Program provides a private forum for prominent families to discuss some of the most important issues they face. As part of the Milken Institute's Chairman's Circle Program, the discussion will dive deep into issues including family dynamics, creating a meaningful legacy, intergenerational succession planning, raising children amid great affluence and strategic philanthropy. This off-the-record discussion offers a select group of influential individuals, families and philanthropists firsthand information and access to thought leaders.

Moderator

Richard Ditizio

President and Chief Operating Officer, Milken Institute

Fri 9/16
10:15 am - 11:15 am

Real Estate: The Search for Returns Amid Uncertainty

Real estate has provided stable returns, higher yields and steady cash flows amid a volatile market environment. As a result, investor interest has soared around the globe. But economic and political uncertainty in various regions may threaten property market fundamentals. The credit crunch in financing, along with the new ways retail investors can access the market, pose challenges. Our panel will discuss what segments and strategies offer the best return potential. How are allocations made between core and opportunistic strategies and between public and private investments? How have regulatory and policy changes influenced local real estate markets, and how can investors adapt?

Moderator

Henny Sender

Chief Correspondent, International Finance, Financial Times

Speakers

Johnny Adji

Senior Investment Director, Cambridge Associates, Singapore

Tokihiko Shimizu

Managing Director and Head of Private Markets Investments, Japan Post Bank

Andy Tan-Chye Guan

CEO, Generali Real Estate Asia, Generali Group; Chairman, Asia Pacific Real Estate Association, Singapore Chapter

Paul Vosper

Executive Vice President, PIMCO

Fri 9/16
10:15 am - 11:15 am

The Digital Age of Finance: Technology's Impact on Asset Management

Innovations in financial technology, both from within and outside the financial industry, promise to revolutionize the money management business. What are the opportunities, and what risks are posed by the growing digitization of trading? If automated, algorithm-driven services are able to effectively invest large amounts of capital, will human managers retain any edge, or will they be made obsolete? Can technology enable managers and institutional investors to work together more efficiently, and how do they collaborate with tech companies to mitigate risk and enhance performance? Our panel of experts will address the technology transformation and how it impacts their business.

Moderator

Ted Lee

Senior Portfolio Manager, Canada Pension Plan Investment Board

Speakers

Michael DeAddio

Chief Operating Officer, WorldQuant

Nobel Gulati

CEO, Two Sigma Advisers, LP

Ian Martin

Executive Vice President and Head of Global Markets and Global Exchange, Asia-Pacific, State Street

Sanjay Tikku

Senior Advisor, KAUST Investment Management Co.; Visiting Professor, University of Hong Kong

Fri 9/16
11:25 am - 12:15 pm

The New Japan: Beyond Abenomics

Although Japan's economy has flatlined again in the last year, Prime Minister Shinzo Abe won a mandate for further dramatic change as voters handed the ruling Liberal Democratic Party a landslide victory in the upper house election in July. As 2016 comes to a close, it is time to look beyond Abenomics and toward a new Japan that is emerging from structural reform. In recent years, Abe has pushed through growth-focused reforms, but harder issues have yet to be tackled, particularly immigration reform and worker-pay changes that could begin to offset the country's woeful demographics and the contraction of its workforce. Will medical and technological innovation help in addressing these deeper social issues? Can they help to drive economic growth, especially as the nation looks to remedy problems related to an aging population woes and revolutionize Japan's medical tourism market? This panel of executives and government officials will provide perspective on the new Japan.

Moderator

Kotaro Tamura

Asia Fellow, Milken Institute; Chairman, Japan Intelligence Initiative; Former Senator and Parliamentary Secretary for Economic and Fiscal Policy, Japan

Speakers

Motoaki Saito

Founder, President and CEO, PEZY Computing K.K.

Masahiko Shibayama

Member, House of Representatives, and Special Advisor to the Prime Minister, Japan

Keiko Tashiro

Senior Executive Managing Director and Head of Overseas Operations, Daiwa Securities Group

Adrian Zecha

Founder, Aman Resorts

Fri 9/16
12:15 pm - 1:45 pm

Giving Back: How Asia's Philanthropists Are Making an Impact

In Asia, the landscape of giving is changing as new players emerge. The region has the largest number of high-net-worth individuals, and they hold more wealth -- $17.4 trillion -- than any other region, according to the 2016 World Wealth Report. Moreover, the ranks of Asia's wealthy are expected to more than double by 2025. Yet philanthropy is still very much in its nascent stage. In many Asian countries, the tax and legal environments don't encourage philanthropy and charitable giving, and the systems that evaluate impact and effectiveness are lacking. Even so, a number of altruistic individuals have stepped up their commitment to improving their communities and the region. In this discussion, they will share how philanthropy, if approached strategically, can make an impact in Asia, where the hurdles for successful philanthropy are different from those in the Western world. What is the future of giving in Asia? How can collaboration and innovation change Asia for the better?

Introduction By

Heng Wing Chan

Senior Adviser, Asia, Milken Institute

Moderator

Andrew L. Cohen

CEO, J.P. Morgan Private Bank, Asia

Speakers

Debra Black

Co-Founder and Chair, Melanoma Research Alliance; Broadway Producer

Binod Chaudhary

Chairman, CG Corp. Global

P.N.C. Menon

Chairman and Founder, Sobha Group

Kris Wiluan

Chairman, Citramas Group

John Wood

Founder, Room to Read

Fri 9/16
2:15 pm - 3:15 pm

Accelerating Infrastructure: Leveraging Partnerships and Mitigating Risks

Improving Asia's infrastructure has a direct impact on trade, jobs, and prosperity. Infrastructure projects, however, take place over one to two decades and require a mix of public and private funding. Political, construction, and financial risks often can be inhibiting factors. Previously, the Asian Development Bank estimated that Asia needed US$8 trillion in infrastructure investment by 2020, but now realizes that less than half of that will be spent. Given limited public funds, public-private partnerships become essential. What are the elements that enable a successful project? Can regions leverage their infrastructure to advance urbanization and build economic corridors? This panel of experts will discuss the ingredients of effective projects and new forms of partnerships that can generate sustained economic value.

Moderator

Cesar Purisima

Asia Fellow, Milken Institute; Former Secretary of Finance, Republic of the Philippines

Speakers

Sean Chiao

President, Asia Pacific, AECOM

Donald Kanak

Chairman, Eastspring Investments; Chairman, EU-ASEAN Business Council

Mahendra Lama

Professor, Jawaharlal Nehru University; Former Member, National Security Advisory Board, India

Jordan Schwarz

Director, Singapore Infrastructure and Urban Development Hub, World Bank Group

Fri 9/16
2:15 pm - 3:15 pm

Charting the Way Amid Asia's Game of Thrones

As China has grown to be the world's second-largest economy, ancient regional rivalries have reemerged and new tensions have come to the forefront in what is becoming Asia's "Game of Thrones." The players: China, facing a slowing economy even as its people expect rising wealth; a reinvigorated India; a Japan struggling to overcome two decades of malaise; and the 10 members of the Association of Southeast Asian Nations (ASEAN) that collectively make up the world's seventh-largest economy. Territorial disputes involving China, the Philippines and Vietnam in the South China Sea highlight the region's rising geopolitical risks, as does Japan's debate about bolstering its military. Meanwhile, the economic backdrop is unsettled amid China's slowdown and the U.S. popular backlash against free trade. At the same time, the rise of new technologies threatens job losses for an Asian population already grappling with severely skewed income distribution. This panel will discuss the outlook for Asia's political landscape as ASEAN works toward integration as a bloc. Who will win this Game of Thrones?

Moderator

Parag Khanna

Global Contributor, CNN; Author, "Connectography: Mapping the Future of Global Civilization"

Speakers

Curtis S. Chin

Asia Fellow, Milken Institute; Former U.S. Ambassador to the Asian Development Bank

Nina Hachigian

U.S. Ambassador to ASEAN

Yasuhide Nakayama

Member, House of Representatives, and Former State Minister for Foreign Affairs, Japan

Maria Ressa

CEO and Executive Editor, Rappler

Fri 9/16
2:15 pm - 3:15 pm

The Business of Sports and Entertainment

For multitudes around the world, professional sports cut across race, class and borders. Football, basketball, golf, baseball and tennis are just a few of the sports that have attracted global followings driven by an almost religious zeal. The world of international sports also is dominated by multibillion-dollar businesses battling for market share among a burgeoning number of entertainment options. Television networks pay huge sums for rights to transmit competitions. For example, this year Sky Sports signed a deal to air Chinese Super League football in the UK after Chinese clubs spent more than $350 million to acquire top players from European leagues. This panel will explore where Asia's multibillion-dollar sports and entertainment business is headed.

Moderator

Dong Wang

Vice President, Alisports, Alibaba Group

Speakers

Sophie Goldschmidt

Group Managing Director, CSM Sport & Entertainment

Robert Rankin

CEO, Consolidated Press Holdings Pty. Ltd.

David Shoemaker

CEO, NBA China

Chatri Sityodtong

Founder and Chairman, ONE Championship

Jim Small

Vice President, Asia-Pacific, Major League Baseball

Fri 9/16
3:30 pm - 5:00 pm

Closing Plenary | Part 1 Fireside Chat with Sir Andrew Witty | Part 2 Fast Forward: A Glimpse Into Asia-Pacific's Future

Accounting for two-thirds of the world's economic growth in the last year, Asia-Pacific has made a name for itself as a driver of the global economy. That we are moving toward the dawn of an Asian Century is becoming more probable as the region's influence continues to grow. Even so, significant challenges lie ahead, clouding the short-term outlook. Throughout the Summit, we have looked at the interconnected and complex forces shaping the future of the region. What are the prospects for the region amid a rapidly aging population and prolonged geopolitical tensions? Is the future something we can look forward to with optimism, given the region's rising middle class and innovations in technology? What role do the capital markets play? Our panel of Asia-Pacific leaders share their views of the long term.

Moderator

Haslinda Amin

News Correspondent and Anchor, Bloomberg Television

Interviewer

Michael Milken

Chairman, Milken Institute

Speakers

Raphael Arndt

Chief Investment Officer, Future Fund, Australian Government

Jeffrey Jaensubhakij

Deputy Group Chief Investment Officer and President, Public Markets, GIC

Hiromichi Mizuno

Executive Managing Director and Chief Investment Officer, Government Pension Investment Fund, Japan

Mark Tucker

Group CEO and President, AIA Group Ltd.

Sir Andrew Witty

CEO, GlaxoSmithKline

Fri 9/16
5:00 pm - 6:00 pm

Young Leaders Circle Cocktails and Networking (By invitation only)