The Asia Financial Markets Forum (AFMF) is organised by Financial Markets Association of Singapore (FMAS) and co-hosted by Bloomberg, is especially relevant to the treasury and markets professionals in banks, financial institutions and hedge funds who face a major challenge in a how to stay ahead of the game. COVID-19 has further accelerated the transition towards a more digital customer base and workforce but has created a world where growth prospects are highly challenged.
Whilst the market volatility seen in 2021 and now 2022 has generally cause much realignment and transformation of the financial markets business, there is an open question about how to align the cost base with revenue drivers for the next phase.
C-suite leaders within our industry, more than ever before, need to carefully navigate their way through this tricky period by making important, strategic investment decisions today about their business, their people and their future. We are keenly aware of these challenges the industry is facing and it is our intention through the Asia Financial Markets Forum that the themes and speakers will bring new insights and thought leadership that’s required to help our leaders of today and nurture the leaders of tomorrow. The topics will showcase the current opportunities and challenges within our business and will deliver content that is thoughtful and unique. This forum event would provide an opportunity for regional Financial Markets practitioners to come together and will bring them closer to the market leaders and decision-makers in within the industry. This is especially relevant to the treasury and markets function in banks, financial institutions and corporates who face a major challenge in how to stay ahead of the game.
For this year, AFMF 2022 will be a physical face-to-face event this year which will feature a Keynote message by Mr. Tharman Shanmugaratnam, Senior Minister & Coordinating Minister for Social Policies, Chairman of Monetary Authority of Singapore, and a Keynote speech by Mr Alvin Tan, Minister of State, Ministry of Culture, Community and Youth & Ministry of Trade and Industry, Board Member of the Monetary Authority of Singapore. The forum will also include many other thought leaders from our industry sharing their valuable insights in panel discussions.
The content will focus on the three important themes that we have identified, which are:
Participants attending this forum will be key professionals in the treasury and capital markets ecosystem including banks, regulators, buy side professionals, C-suite leaders and important intermediaries such as vendors and brokers and platform providers.
Head of ASEAN Corporate Communications,
Financial Markets Association of Singapore
Independent Non-Executive Director, Chairman of the Risk Committee & Member of the Audit Committee,
HSBC Bank (Singapore) Limited
Managing Director, Head of Markets & Securities Services
Financial Markets Association of Singapore
Head of Events - ASEAN, Australia & New Zealand,
Mr. Leng Hoe Lon is Global Head of FX Flow, FX Forwards Trading and EFX at Nomura Singapore. He also leads Nomura’s Cross Markets proprietary trading business in Asia.
Hoe Lon has 25 years of experience in trading and investing in financial markets. He started his career at Deutsche Bank, followed by trading roles across Asia and London with JP Morgan, ABN AMRO, Goldman Sachs, and Tudor Capital. Prior to joining Nomura, Hoe Lon was Head of Financial Markets (Singapore, Brunei and Australia) and Head of Macro Trading (ASEAN and South Asia) at Standard Chartered Bank.
In addition to his sellside and buyside experience, Hoe Lon has been a founder, advisor, and investor of various startups in Artificial Intelligence, Data Analytics, and Blockchain. He has published two books: Decrypted – A Financial Trader’s Take on Cryptocurrency and Deflated – How To Find Your Footing in a Shaky Blockchain Investment World.
Hoe Lon earned a bachelor’s degree from the University of Warwick, and he is a CFA charterholder.
Ms. Eileen Chia joined UOB in 2014 and has over 20 years of banking experience in Global Market Sales. She leads a sales team of more than 180 personnel, providing hedging and investment solutions in all global markets asset classes including FX and interest rates. The sales teams have presence in all major ASEAN and greater China markets, supporting various client segments from Financial Institutions to Large corporates and Small & Medium Enterprises.
Before UOB, Ms. Chia spent the earlier part of her banking career in Bank of America before assuming leadership roles in Nomura and Bank of Tokyo Mitsubishi. She graduated from Nanyang Technological University in Singapore with a Bachelor of Business Studies (2nd Upper Honours) and is a Chartered Financial Analyst. Ms. Chia has interests in banking evolution, including digitization of financial services. She is actively involved in UOB’s initiatives in supporting Fintech startups.
Head of Marketing, ASEAN, ANZ and South Asia,
Eric is a curious marketer who had the privilege to enable brands and businesses achieve tangible results for more than 20 years. He prefers to think without boxes and believes in continuous learning. He also still harbours hope to be a professional footballer one day.
Group Head of Trading, Treasury & Markets
DBS Bank Ltd
Mr Jacky Tai is Group Head of Trading, Treasury & Markets, DBS Bank. He joined DBS Hong Kong in 1999 after spending more than 10 years with JP Morgan, Nomura and Dresdner in Asia and New York. Tasked to build up DBS Greater China trading operations in Hong Kong, Taiwan and China and under his leadership, the Greater China teams have won many awards and accolades.
Taking on his current role in 2018, Jacky has been able to effectively lead the global trading business for DBS Group to embrace the Asian connectivity, tremendous growth of local markets by product, variety and depth, and the digitization journey for the customers, traders, sales and support staff.
Head of Corporate Sector Coverage, APAC
ING Bank N.V. Singapore Branch
Jack was appointed as Head of Corporate Sector Coverage, APAC in 2022 overseeing a team of 200+ Sales professionals throughout the ING Wholesale Bank network. He joined ING in September 2011 and served as Head of Financial Markets, Hong Kong, and Regional Head of Client Solutions Group, before assuming the Head of Asia Sales role in 2015.
Jack started in the banking industry in 1993. Prior to ING, Jack was a Managing Director in Morgan Stanley where he joined in 2005 and headed the Regional Corporate Sales and solutions businesses. He also worked at JPMorgan Chase in New York, Hong Kong and Singapore for 8 years in various cross-assets roles covering institutional investors and corporates.
Jack holds a MS degree from Stanford University and a BS from The Ohio State University.
Head of Fixed Income, Currencies and Commodities (FICC)
Singapore Exchange Limited
Mr Lee Beng Hong is Head of Fixed Income, Currencies and Commodities (FICC) at SGX. He spearheads the FICC business unit, one of the fastest-growing businesses in SGX. He is also the Chairman of the SGX Bull Charge CSR initiative.
As Head of FICC, Mr Lee drives the expansion and partnership strategy for this growing set of asset classes, from products to platforms. He is also instrumental in SGX’s pioneering efforts to drive end-to-end digitalisation of the primary and secondary fixed income markets, though various collaborations and joint ventures with partners such as Temasek, Hillhouse Capital, Trumid and Euroclear.
Mr Lee oversees and sits on the boards of SGX’s subsidiaries – the Energy Market Company which operates Singapore’s wholesale electricity market, the Baltic Exchange based in London, and BidFX, a specialised trading platform for global FX markets. He is also a board director of SGX and Temasek’s digital assets joint venture, Marketnode.
With almost two decades of experience in global markets, Mr Lee has held senior roles in Deutsche Bank, specialising in Asian FICC trading, structuring as well as sales and coverage. He led Deutsche Bank’s financing and solutions group for North Asia, in addition to his last role as Executive Vice-President of Deutsche Bank China and Head of Global Markets, China.
He started his career in Deutsche Bank Singapore, where he managed rates and FX trading books across G3 currencies and Asian markets.
Mr Lee holds a Master of Science in Financial Engineering from Nanyang Technological University and a Master of Engineering (M. Eng) from National University of Singapore.
Visiting Professor-in-Practice (IDEAS), Board of Systemic Risk Centre, Emeritus Governor
The London School of Economics and Political Science (LSE)
Lutfey Siddiqi is a Visiting Professor-in-Practice at the London School of Economics where he also sits on the advisory boards of the Systemic Risk Centre, the foreign policy think-tank LSE IDEAS, and the Inclusion Initiative in the Behavioural Science department. He is an Emeritus Governor of LSE and a former member of LSE investment committee.
Concurrently, he is an Adjunct Professor at the National University of Singapore and advisory board member at the centre for governance and sustainability, NUS Business School.
He is a member of the governing board of UWC Atlantic College, Wales and a former member of the governing board of New City College Group, England.
Lutfey is a member of the World Economic Forum global future council on fiscal and monetary policy, having previously served on the councils for inclusive finance, capital markets, and infrastructure investment.
He was previously Global Head of Emerging Markets for Foreign Exchange, Rates & Credit at UBS Investment Bank where he was also the founding head of UBS Knowledge Network. Prior to that, he worked at Barclays and Deutsche bank in both London and Singapore.
Financial Markets Association of Singapore
Ravi started his career in the ﬁnancial markets as a broker followed by a couple of years stint in Tokyo. In 1994, Ravi joined HSBC’s Global Markets sales team in Singapore where he worked for twelve years covering execution ﬂow in treasury products. Ravi than joined Traditions to established the THB IRS Desk. In 2006 he joined SCB Singapore to cover the SEA Financial Institutions and Central Banks on ﬂow execution and soon after headed the bank sales desk. Ravi has always dedicated himself in building lasting relationships in Singapore and in the region.
Mr Samuel Koh joined Global Treasury, OCBC Bank in April 2013. His current role is the Head of Global Treasury International. With more than thirty years of experience in the financial market, he has been a thought leader at various stages of the development in the emerging markets in Asia. He started his career with Citibank Singapore in 1990 and has worked in various capacities in Citibank, Pacific Asset Management and OCBC Bank in Singapore, as well as HSBC and Bank of China in Hong Kong.
During the span of his career, he was involved in the development and trading of Asian regional currencies Interest Rate and FX Derivatives. In 1998, he transacted the first interbank Singapore Dollar interest rate option contract. On top of that, he spends time training and mentoring the newer generations of financial market professionals across many countries.
He is the Deputy President of the Financial Markets Association of Singapore (previously known as ACI Singapore). Within the organisation, he promotes the welfare and education of financial market practitioners in Singapore. He was the Chairman of the ACI Charity Golf which raises funds for charity organisations in Singapore in 2007, 2008 and 2017. He was awarded the 2019 Institute of Banking and Finance, IBF Fellowship Award, recognising his contribution to the financial industry in Singapore.
Mr Koh holds a Bachelor of Business Administration from the National University of Singapore and a Masters in Applied Finance from Macquarie University Australia.
Sneha joined DBS in 2022 as the Head of Institutional Investors within the FIG team in the Institutional Banking Group. Her responsibilities include coverage of NBFIs such as real money managers, sovereign wealth funds and hedge funds.She leads a team of specialists providing financing, investment and other banking products and is based in Singapore. Prior to this, she was the Head of Financial Markets, Asia for Westpac Banking Corporation where she was responsible for Westpac’s trading, sales and structuring activities across Fixed Income, Foreign Exchange and Commodities in dealing with corporate and institutional clients.
Sneha is actively engaged in the financial markets community through representation at the Executive Committee of FMAS, Singapore. She is a passionate advocate for about diversity and inclusion within financial markets.
Bank of America
Ping Tan is a Managing Director at Bank of America (BofA). She heads the Asia EFX trading team based out of Hong Kong, with global oversight of the principal EFX traders managing risks for the electronic franchise. Besides her trading risk mandate, she is also heavily involved in product development to expand the BofA electronic offering as well as overseeing all regulatory and governance-related matters for the global EFX business.
Ping joined the BofA Singapore office in 2004 as an Emerging Markets FX trader, and relocated to the London office in 2006 before moving to EFX to establish the EFX trading team globally in 2007 as well as expanding the BofA EFX product offering from G10 to EM FX Spot and Precious Metals OTC. Ping relocated to Hong Kong office in October 2015 to focus on the Asia NDFs and Onshore FX offering. She is currently based back in the Singapore office as of May 2022. Beyond her day job, Ping is also heavily involved in all firm wide D&I initiatives including empowering women, campus recruitment and most recently chairing the APAC FICC Employee Engagement Committee and sitting on the BofA Philanthropy Committees in both Hong Kong and Singapore.
Ping graduated from Nanyang Technological University of Singapore with a Bachelor’s Degree in Accountancy.