The Korea Herald

소아쌤

KB hosts forum of Asian financial leaders

More than 110 to attend two-day meeting in Seoul

By Kim Yon-se

Published : May 8, 2013 - 20:25

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A two-day annual conference of financial leaders in Asia will be held in Seoul on Thursday on the auspices of KB Financial Group.

KB Financial said Wednesday that it invited 116 chief executives and senior regulatory officials for the 2013 Institute of International Finance Asia CEO Summit, slated for May 9-10 at the Westin Chosun Hotel in downtown Seoul.

Following the Bangkok meeting a year before, the annual gathering in Seoul will cover three major agenda ― Asia & the World, Asian Financial Systems and Asian Bonds Markets.

KB Financial chairman and CEO Euh Yoon-dae will take on the role of moderator for the second session on Asian Financial Systems, which involves topics such as cross-border financial flows and the role of bank and nonbank financial service firms, on the first day the event.

Euh is also to deliver opening and closing remarks with Timothy Adams, president and CEO of the Institute of International Finance.

Korea’s Financial Services Commission chairman Shin Je-yoon and Financial Supervisory Service governor Choi Soo-hyun are scheduled to deliver their keynote speeches on Thursday and Friday, respectively.

Bank of Korea Gov. Kim Choong-soo will also participate in the event as a speaker on the second day of the summit.

Main speakers will include Standard Chartered Bank Korea chief executive Richard Hill, China Merchants Bank CEO Ma Weihua, International Monetary Fund Asia-Pacific director Anoop Singh, Standard & Poor’s Asia-Pacific financial services ratings managing director Ritesh Maheshwari. Two female leaders ― Asian Development Bank senior advisor A. Noy Siackhachanh and World Bank Group CFO Lakshmi Shyam-Sunder ― were also selected as discussion panel members.

Among participants are leaders from countries including Vietnam, the United States, Thailand, Singapore, Philippines, Mongolia, Malaysia, Japan, Indonesia, Hong Kong SAR of China, Germany, China and Australia.

The IIF, established in 1983, is headquartered in Washington, D.C. Its membership is composed of some 70 countries and 320 financial firms.

By Kim Yon-se (kys@heraldcorp.com)