| Overview:
Asian Banker Summit 2006
The seventh Asian Banker Summit was held from 15-17
March in Bangkok, Thailand. Despite the political demonstrations
being held in some parts of the city, a strong turnout of international
delegates greeted the three-day event, which included keynote addresses
by several prominent speakers:
 |
H.E. Dr. Thanong
Bidaya, Minister of Finance, Thailand (click here
to read the full speech ) |
 |
Thomas J. Bliley, Jr.,
former US Congressman and one of the sponsors of the Gramm-Leach-Bliley
Act, which in 1999 overturned the Glass-Steagall Act of
1933 |
 |
M.R. Pridiyathorn Devakula,
governor, Bank of Thailand |
 |
Dr. Ishrat Husain,
former governor, State Bank of Pakistan |
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Jacques Attali, president,
PlaNet Finance |
 |
Dr. Wei S. Yen, managing
director of financial institutions, Moody’s Asia Pacific |
 |
David Marshall, managing
director of financial institutions, Fitch Ratings |
Among the many highlights of the three-day event was the Leadership
Advisory Forum. A roundtable of 15 CEOs and senior banking officials
kicked off the event with high-level discussions giving perspectives
on financial services deregulation. Also discussed were issues on
corporate structure that included the pros and cons of adopting
the financial holding company structure in the region.
The first day was capped by an elegant awards dinner, where fourteen
awards were given for leadership at banks in 13 countries around
the region, as well as nine for various skills, and two lifetime
achievements awards. Click
here to view the full list of winners.The awards were presented
by honoured guests Bidaya and Bliley,
as well as advisors to the program:
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William Seidman,
former chairman of both the Federal Deposit Insurance Corporation
and the Resolution Trust Corporation in the US |
 |
Michael Ong, professor
of finance at Stuart Graduate School of Business in Illinois
|
 |
Wei S. Yen |
Highlights of The Asian Banker Achievement Awards dinner included
a speech by Dr. Thanong Bidaya, minister of finance, which touched
on the challenges currently being faced by the political system
in Thailand. David Eldon, one of two Lifetime Achievement Award
2005 winners, described a long career spent in all parts of Asia,
rising through HSBC to the level of chairman, all during a very
exciting time in the development of the region, will also be well
remembered many years after by all in attendance.
The second day of the Summit began with an opening keynote by Pridiyathorn
Devakula, governor of the Bank of Thailand, which addressed the
idea of a suitable corporate governance model for Asian banks, stressing
the separation of CEO and chairman. Following his address and the
subsequent discussion with the former governor of the State Bank
of Pakistan, delegates attended one of three concurrent sessions:
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Interbank Conference on
Cash, Trade and Treasury |
 |
Risk Management and Governance Conference |
 |
The Technology and Operations Council
Annual Meeting |
In the following six 90-minute sessions, delegates were able to
discuss issues of the day in their respective fields, and many sessions
included lively Q and A sessions that set the stage for delegates
to carry their discussions over into the coffee breaks, networking
lunches, or other social gatherings in the Thai capital.
The Asian Banker Summit ended on a forward-looking note, with global
finance leader Jacques Attali illustrating the growing opportunities
being created in microfinance, which works towards poverty alleviation,
economic growth, and ultimately sustainable, profitable business
models for banks in the region, and all around the world.
Click HERE
to read The Asian Banker Summit 2006 highlights, March 15, 2006.
Click HERE
to read The Asian Banker Summit 2006 highlights, March 16, 2006.
Click HERE
to read The Asian Banker Summit 2006 highlights, March 17, 2006.
Click HERE
the list of winners of the Achievement Awards.
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