Speakers


Speakers

PwC Hong Kong Asset and Wealth Management Leaders

Marie-Anne Kong

Asset & Wealth Management Leader, PwC Hong Kong
 

Marie-Anne Kong is a Partner in PwC Hong Kong's Financial Services Division and leads the firm's Asset and Wealth Management practice in Hong Kong. She has over 25 years of experience working in Hong Kong and the UK.

Marie-Anne has extensive experience in advising asset and wealth management firms on operational effectiveness, best practices in areas of corporate governance and internal controls, funding start-ups, and regulatory and compliance. She serves clients across the various sub-sectors of the Asset and Wealth Management industry including hedge funds, private equity, real estate, and traditional asset managers. She is actively involved with relevant industry associations and policy makers and is an active contributor to market and industry developments.

Professional affiliation:

  • Member of the Institute of Chartered Accountants in England and Wales(ICAEW)
  • Practising member of Hong Kong Institute of Certified Public Accountants (HKICPA)
  • Member of the Regulatory Committee of the Hong Kong Investment Funds Association (HKIFA)
  • Member of the Regulatory Committee of the Alternative Investment Management Association, Hong Kong Chapter (AIMA)
  • Member of the Committee on Real Estate Investment Trusts of the Securities and Futures Commission (SFC)
  • Member of the Share Registrars' Disciplinary Committee of the Securities and Futures Commission (SFC)

Florence Yip

Asia Pacific Financial Services and Asset & Wealth Management Tax leader

PwC Hong Kong

 

Florence Yip is Asia Pacific Tax Leader of Financial Services, and Asset & Wealth Management.  She is the Tax Leader of Private Equity Practice in China/Hong Kong, member of the PwC Global Financial Services Tax Leadership and the Board of PwC Women Executive Network in Hong Kong.  She is also a member of the PwC Islamic Finance Group. 

Florence has been appointed as member of the Financial Services Development Council (“FSDC”) of the Hong Kong Special Administrative Region (2013-2019).  She is also the Convenor of the New Business Committee of the FSDC.

Florence has extensive experience assisting clients to devise, plan and implement tax efficient holding and operational structures for international , Mainland China and regional banks, insurance companies, sovereign wealth funds, pension funds, traditional and alternative (venture capital, private equity, hedge, real estate, infrastructure, distressed events etc.) funds, fund managers and investors (sovereign, institutional, fund of funds, family offices and high net worth individuals) including stamp duty exemption and remission applications and transfer pricing structures and tax-exempt mergers.

Florence has acted as tax advisor to IPOs and M&A involving banks, insurance companies and fund managers. She works closely with the industry, the banking and other regulators and the Hong Kong Government as well as the Mainland authorities and regulators to uplift Hong Kong as a key Financial Centre of China and “Super Connector” for the Belt and Road Initiative.

Florence led the B20 Tax Policy Working Group of the 2016 B20 Financing Growth Taskforce  of which PwC was the knowledge partner. The Working Group’s recommendations were included in B20 recommendations to the 2016 G20 hosted by China.

Florence is a member of the Institute of Chartered Accountants in England and Wales, the Chartered Institute of Taxation (U.K.), the Hong Kong Institute of Certified Public Accountants, the Taxation Institute of Hong Kong, and a registered accountant in Macau.

Florence is a member of the Executive Committee and Vice Chairman of the Alternative Investments Management Association – Hong Kong Branch and the chairman of the tax-subcommittee of AIMA-HK, Technical Committee of the Hong Kong Venture Capital and Private Equity Association. She is also the Honorary President of Advisory Board, Hong Kong Private Equity Finance Association and a member of the Islamic Finance Working Group of the Treasury Markets Association. She is a frequent speaker at seminars and contributor of articles in Hong Kong and overseas.

Florence graduated from Imperial College, UK, with a degree in Computer Science. 


Keynote speaker

Sir C K Chow

Chairman

Hong Kong Exchanges and Clearing Limited
 

The Hon Sir C K Chow is the Chairman of Hong Kong Exchanges and Clearing Limited.  He is also a Non-official Member of the Executive Council of the Hong Kong Special Administrative Region of the People’s Republic of China, a Non-official Member of the Economic Development Commission of the HKSAR and the Convener of the Working Group on Transportation under the Commission.  He was appointed Chairman of the Advisory Committee on Corruption of the Independent Commission Against Corruption in January 2013.  He is the Chairman of the Advisory Committee on Admission of Quality Migrants and Professionals.

Prior to joining HKEx, Chow was the Chief Executive Officer of the MTR Corporation Ltd. from 2003 to 2011; the Chief Executive Officer of Brambles Industries PLC, a global support services company listed in the UK and Australia, from 2001 to 2003; and the Chief Executive of GKN PLC, a global engineering company, from 1997 to 2001.

Chow is currently an Independent Non-Executive Director of AIA Group Ltd., which is listed in Hong Kong.  He is also a Steward of the Hong Kong Jockey Club, a senior advisor to KKR Asia Ltd., and was elected as a director of the World Federation of Exchanges in October 2012.  He was appointed an Independent Non-executive Representative of the Global Governance Council of EYG in 2016.


Panel 1: Innovation and the future of financial advice

Moderator

Matthew Phillips

Hong Kong & China Financial Services Leader 

PwC Hong Kong
 

Matthew Phillips is a partner based in Hong Kong and leads our Financial Services practice in Hong Kong and China.  Matthew has over 20 years of experience in the sector. He started his career in London and moved to Hong Kong in 1997 and has worked in Asia ever since, including seven years based in Shanghai. In 2012 he moved back to Hong Kong. 

In his role as a Financial Services deals partner, Matthew has advised on over 150 financial services projects in China and the region.  These include numerous fintech investments and groundbreaking market entry projects. His experience covers lead advisory, strategy, market entry as well as leading major due diligence and post deal integration projects.

He has previously led M&A work for Asian institutions acquiring in the region and in the west.  His hands on style and deep M&A experience in both Europe and Asia are invaluable in helping innovative and dynamic investors from Asia to get a clear picture of a prospective opportunities.

Matthew is a regular speaker on fintech and sits on the Financial Services Development Council committee looking at fintech matters.  

 


Panellists

Fabrice Fischer

Founder & CEO

Blu Ltd
 

Fabrice Fischer is the Founder and CEO of Blu, an Artificial Intelligence advisory firm that specializes in disruptive innovation within the Financial Services industry. Fabrice has been in Financial Services and IT in Asia, Europe and North America over the past 20 years. During the past six years as CFO of Sentient Technologies, he oversaw a period rapid growth, which resulted in the company becoming one of the world’s best funded AI outfits. He also played an integral part in the launch of Sentient Investment Management, Sentient’s artificial intelligence based Hedge Fund, which continually evolves and optimises its investment strategies. Fabrice’s career highlights also include starting a HK-based IT-services company in infrastructure and ERP for the Asset Management industry. Subsequently, he joined Bain & Co. as a Consultant advising companies in the IT, Telecom and Private Equity industries across Europe and then continued as an independent advisor to Banks and Asset Managers. He was the CFO and COO of Bryan Garnier, a European boutique Investment Bank that specialized in Corporate Finance, Brokerage, Asset Management and Private Banking. There he managed the equity analysis team and also the asset management activities of the bank. Fabrice completed a Bachelor’s in Electrical Engineering from University of Montreal and also holds an MBA from INSEAD.

Fabrice is currently advising on Hedge Fund, Asset Management, Insurance and Banking projects. His AI expertise includes Machine Learning (ML), Neural Networks (NN) and Deep Learning (DL), Evolutionary Algorithm (EA), Natural Language Processing (NLP), Image recognition and video processing. In addition, Fabrice has also spoken at multiple AI conferences and events both in Asia-Pacific and around the world.

Jonathan Larsen

Chief Innovation Officer

Ping An Group
 

Jonathan Larsen is now Chief Innovation Officer of Ping An Group and Chairman and CEO of the Ping An Global Voyager Fund.

Jonathan spent 18 years at Citigroup where he was most recently Global Head of the firm’s Retail Banking and Mortgage businesses, generating ~$12Bn in Revenues and spanning 19 countries. He has been at the leading edge of the financial services industry for the last 29 years across the Asia Pacific region and globally. He brings a unique blend of strategic vision, operational depth, and understanding of the new technology landscape. He has led multiple large-scale, successful businesses across a wide range of markets and has extensive experience in negotiating and managing partnerships and M&A transactions.

Prior to Citi, Jonathan was a Principal in the Financial Services Practice of global management consulting firm, Booz Allen & Hamilton where he spent eight years advising large banks and other financial institutions across Asia, Australia and New Zealand and in the United States and Europe.

Jonathan is a Distinguished Fellow of the Institute of Banking and Finance, Singapore and was named Retail Banker of the Year in 2011 by Asian Banker magazine. He has been widely quoted in major business publications including the Financial Times, Bloomberg, Reuters, New York Times, Wall Street Journal, the Economist as well as local media throughout Asia Pacific. Jonathan holds a Bachelor of Arts (Hons) from the University of Melbourne.

Ned Phillips

Founder & CEO

Bambu
 

Former Managing Director and now an entrepreneur, Ned Phillips is the founder and chief executive officer of Bambu.

Ned has been based in Asia for the past 25 years; starting his journey in FinTech since 1999 with E*TRADE as one of the very first online brokers before becoming Managing Director in 2007. He was part of the transformation of the stock exchange where he developed two pan-Asian exchange, one of which is in conjunction with SCX and Chi-X. Ned had the opportunity to experience the first dot-com boom with one of the original FinTech companies as well as become appointed as a consultant to 8 Securities when they launched the first Robo Advisor in Asia.

With such an insightful exposure and development over the years, Ned saw an opportunity in the B2B space to build a solution for various sectors that lead to the birth of Bambu.

Since 2016, Bambu has accomplished many rewarding milestones: launched Singapore’s first Robo Advisor, won Best Early Stage Startup at FinTech Finals 2017, Finalist in SuperCharger 2.0 Accelerator program and finalist in Jumpstarter 2017 organised by Alibaba Entrepreneur Fund.

Steve Bryant

Chief Operating Officer, Greater China

Schroder Investment Management (Hong Kong) Limited
 

Steve Bryant joined Schroders in 2012 as the COO for Greater China, responsible for providing Infrastructure services to the Investment Management and Distribution teams. He is a member of the Board and Executive Committee of the Hong Kong entity. Steve is also Chair of the China Executive Committee and Chairman of Board for the Taiwan office.

Prior to that Steve was in the Allianz Group for 14 years, most recently as the COO for RCM in Asia Pacific and a member of its Regional Executive Committee and before that the COO for Allianz Global Investors Hong Kong. He joined the Group in London and worked in various positions in London, New York and Hong Kong.

Steve qualified as a Chartered Accountant with KPMG in South Africa before moving to their London office. Steve holds a Bachelor of Accounting Science (Hons.) from The University of South Africa.  


Panel 2: Regulations in the brave new world of AWM

Moderator

Carlyon Knight-Evans

Asset and Wealth Management Partner, PwC Hong Kong
 

Carlyon Knight-Evans is an Assurance Asset and Wealth Management Partner at PwC.  He has 25+ years of experience serving clients in the asset management industry, the first 11 years were spent in the UK and for the last 14 years he has been based in Hong Kong.

In addition to providing assurance services to the asset management industry, Carlyon also has extensive experience in advising asset servicers and asset management firms on operational effectiveness, best practices in areas of corporate governance and internal controls, fund start-ups, and regulatory and compliance work.  He services clients across the various sub-sectors of the industry, including administrators, custodians, trustees, hedge funds, private equity, real estate and traditional asset managers.

Carlyon is currently PwC's Alternatives leader for Asia Pacific.


Panellists

Professor Douglas W. Arner

Faculty of Law

University of Hong Kong
 

Douglas W. Arner is the Kerry Holdings Professor in Law at the University of Hong Kong, and Faculty Director of the Faculty of Law’s LLM in Compliance and Regulation and LLM in Corporate and Financial Law. He is a member of the Hong Kong Financial Services Development Council, an Executive Committee Member of the Asia Pacific Structured Finance Association, and a Senior Visiting Fellow of Melbourne Law School, University of Melbourne. Douglas served as Head of the HKU Department of Law from 2011 to 2014 and as Co-Director of the Duke University-HKU Asia-America Institute in Transnational Law from 2005 to 2016. From 2006 to 2011 he was the Director of HKU’s Asian Institute of International Financial Law, which he co-founded in 1999.

Douglas has published fifteen books and more than 120 articles, chapters and reports on international financial law and regulation, including most recently Reconceptualising Global Finance and its Regulation (Cambridge 2016) (with Ross Buckley and Emilios Avgouleas). His recent papers are available at: https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=524849.

Douglas has served as a consultant with, among others, the World Bank, Asian Development Bank, APEC and European Bank for Reconstruction and Development, and has lectured, co-organised conferences and seminars and been involved with financial sector reform projects around the world. He has been a visiting professor or fellow at Duke, the Hong Kong Institute for Monetary Research, IDC Herzliya, McGill, Melbourne, National University of Singapore, University of New South Wales, Shanghai University of Finance and Economics, and Zurich, among others. 

Kher Sheng Lee

Managing Director

AIMA
 

Kher Sheng Lee is Managing Director, Co-Head of APAC, Deputy Global Head of Government Affairs with the Alternative Investment Management Association (AIMA).   AIMA is the global representative of the alternative investment industry, with more than 1,800 corporate members in over 50 countries. AIMA also incorporates the Alternative Credit Council which represents asset management firms in the private credit and direct lending space.   He received his LL.B (Hons) degree from the National University of Singapore law school, and is admitted to practise law in Singapore (Advocate & Solicitor), Hong Kong (Solicitor) and England & Wales (Solicitor-Advocate with full rights of audience in all criminal and civil proceedings in the higher courts). He is appointed a Notary Public by the Chief Judge of the High Court of Hong Kong. He is also a Member of The Chartered Institute of Arbitrators (MCIArb).

Kher Sheng has lived and worked in Singapore, London and Hong Kong. He is a CFA and CAIA charterholder.

William Taggart

Asset and Wealth Management Tax Leader

PwC United States
 

William Taggart, Jr., CPA, JD, LLM, is a Tax Partner in the New York Office of PricewaterhouseCoopers LLP.  He is also the firm's Global Financial Services Tax Leader and the Global Tax Asset Management Leader. Will specializes in the structural and operational aspects of domestic and offshore private investment partnerships, and other alternative investment products, as well as the tax aspects of complex derivative instruments and investment strategies.

Will has lectured extensively around the world on various issues associated with alternative investment products, as well as the economic and tax aspects of securities transactions.  He is co-author of the publication Hedge Funds: A Comprehensive Tax Planning Guide, the leading publication on tax issues associated with domestic and offshore private investment partnerships.

Will received his BS in Metallurgy and Materials Science Engineering from Case Western Reserve University.  He also attended Case Western Reserve University School of Law where he received a JD (Cum Laude).  Will also received an LLM in Taxation from NYU School of Law.  Will is a member of the Board of Hedge Funds Care and serves on the East Coast grant selection committee.  He is also a member of the Managed Funds Association and the New York Bar.  Will is a Certified Public Accountant licensed in New York and Maine. He is also an active member of the National Parks Conservation Association, and has served on the Board of Recreation and the Zoning Board of Adjustments for the city of Summit.


Debate: The role of asset and wealth managers in a brave new world - Expectations of stakeholders beyond managing assets

Moderator

Harjeet Baura

Financial Services Consulting Leader

PwC Hong Kong
 

Harjeet Baura is a Partner at PwC Hong Kong, where he leads the Financial Services Consulting Practice. The team in Hong Kong is focused on helping leading Financial Services providers solve complex strategy, customer, operational performance and regulatory issues.

Harj brings more than twenty years of experience in advising, and managing relationships with, the most important global and regional banking clients. He has led teams to deliver complex and large scale engagements across strategy execution, customer experience and performance management. He has also led a number of projects to help clients improve their organisational effectiveness, enhance their overall governance, control and risk management frameworks, and respond to complex regulatory change.

Prior to relocating to Hong Kong in 2006, Harj spent 10 years with PwC’s Banking & Capital Markets practice in London, where he was responsible for advising a range of banking clients, with a specific emphasis on enhancing distribution channels and risk frameworks.

Harj studied Law at University College London and am a qualified Chartered Accountant.


Panellists

Nick Pollard

Managing Director, Asia Pacific

CFA Institute
 

Nick Pollard is managing director for Asia Pacific, CFA Institute. He is responsible for working with all organizational stakeholders, increasing the number of regional credentialing program candidates, working with employers, and manages offices in Hong Kong, Beijing and Mumbai. He is actively engaged with 19 CFA Institute member societies, a network of 23,000 members.

A seasoned wealth management and banking executive, he has held senior-level roles at The Royal Bank of Scotland’s Coutts Asia division and Coutts International. His career began at NatWest Group, subsequently part of the RBS Group. Nick holds a B.A. from University College, London.

Peter Stein

Managing Director

Private Wealth Management Association
 

In his role as Managing Director, Peter Stein oversees all activities of the PWMA, promoting the Association’s priorities and facilitating dialogue between the industry, the government and regulatory stakeholders. He reports directly to the Executive Committee of the PWMA.

He previously worked for UBS AG in Hong Kong, where he oversaw Group Governmental Affairs for Asia Pacific and then served as Head of Regulatory Advisory & Relations, Asia Pacific, before taking on his current role in December 2016. Prior to joining UBS in 2012, he was a senior editor and reporter in Hong Kong with The Wall Street Journal, where he had worked for more than 20 years, most recently as Hong Kong Bureau Chief and Associate Editor of the Asian edition.

A native of New York City, Peter graduated with a Bachelor of Arts from Yale University and speaks both Mandarin and Cantonese.

Seth Fischer

Founder & Chief Investment Officer

Oasis Management
 

Seth Fischer is the founder and Chief Investment Officer of Oasis Management, an Asia-focused multi-strategy investment group with a successful 15-year track record investing in all global markets across all capital structures. Prior to founding Oasis in 2002, he spent seven years at Highbridge Capital Management, where he managed the firm’s Asian investment portfolio. He served in the Israel Defense Forces after graduating from Yeshiva University, New York in 1993 with a Bachelor of Arts in Political Science. He is a Board Member of the Karen Leung Foundation, a Board Member of Carmel School in Hong Kong, and Vice Chairman of the Ohel Leah Synagogue Management Committee in Hong Kong.

Stewart Aldcroft

Chairman

Cititrust Limited

Stewart Aldcroft is Chairman of Cititrust Limited (Cititrust) in Hong Kong.  He is also Managing Director and Asia Pacific Senior Advisor for Citi’s Investor Services business within Citi’s Markets & Securities Services, a business unit of Citi’s Institutional Clients Group.

As Senior Advisor for Citi Investor Services, Stewarwt assists the business to develop new initiatives and grow its client-base and reach across Asia Pacific, advising clients outside Asia on accessing the region. He also leads the production of “thought leadership” pieces relevant to the fund management industry.

Stewart joined Citi in August 2011 and brings with him a wealth of experience from previous senior business development and leadership roles in managing traditional mutual funds, hedge and alternative investment funds, structured products and Exchange Traded Funds. 

A veteran with deep knowledge of the Asia Pacific funds industry, Stewart has been based in Hong Kong since 1985.  He has been a full member of the Hong Kong Securities Institute since 1999 and has been a Type 9 Licensed Representative and Type 4 Responsible Officer under the Hong Kong Securities and Futures Commission. Stewart has over the years held various memberships with the Hong Kong Securities Institute Education and Seminars Committee, AIMA Hong Kong Education Committee and Chapter Executive Committee, as well as the Hong Kong Investment Funds Association Executive Committee.


Lunch with guest speaker

 

John Donker

Asia Pacific Forensic Services Leader

PwC Hong Kong
 

John Donker is the leader of PwC’s Investigations and Forensic Services practice in China, Hong Kong and in the Asia Pacific Region and is a member of the firms Global Forensic Services Leadership team. 

John’s work involves carrying out forensic fact finding investigations, providing support to clients and their legal advisors involved in dispute or potential dispute situations and advising clients in the areas of regulatory remediation , compliance and fraud/corruption risk mitigation.

John has over 29 years professional experience and has been based in Hong Kong since 1992. He has extensive experience in complex financial investigations, compliance remediation and litigation support including arbitration, major commercial litigation and criminal fraud cases across the Asia Pacific Region.  In relation to this investigations work John has been retained by private clients, non executive independent committees and regulatory bodies including the Hong Kong Securities and Futures Commission.  In recent years he has been heavily involved in a large number of investigations into allegations of financial statement manipulation in listed companies.

Over the course of his career, John has worked for clients in a broad range of industries and has provided services to leading global clients in Financial Services (insurance, securities brokers, private banking, investment management, investment banking), Private Equity, Pharmaceuticals and medical devices, technology, automotive and manufacturing sectors. 

John coordinates the firm’s anti-corruption work in Asia and in has been involved in a large number of US Foreign Corrupt Practice Act and international anti-bribery diligence, investigation and remediation assignments in Asia.  He is a regular speaker on corruption issues both internally and for clients.  John has developed policies and delivered training and presentations in respect of the US Foreign Corrupt Practices Act, UK Bribery Act and other international anti-bribery legislation.

John is a member of the Institute of Chartered Accountants in England and Wales, the Hong Kong Institute of Certified Public Accountants and a Certified Fraud Examiner

Bill Majcher

President & Global Head of Recovery Operations

EMIDR Limited
 

Bill Majcher began his professional career as a Eurobond trader in London. In 1985, he left to join the Royal Canadian Mounted Police (RCMP), where he embarked on a fulfilling two decade long career as a covert operative - culminating in multiple successful money laundering and financial crime prosecutions.

Bill’s lengthy law enforcement career included extensive undercover work across a broad spectrum of the capital markets, including several years as a commodity futures and options trader and broker. He also has extensive global experience as a cash commodities broker engaged in trade-based money laundering. He successfully infiltrated a major Colombian cocaine cartel at the height of their power - providing money laundering and investment services. Bill also exposed Caribbean-based banks established by the Russian mafia to facilitate all manner of criminal activities.

At one point as a covert agent, Bill was asked to launder discounted bonds for Libya, North Korea and Iran, which identified for the first time the degree to which offshore capital markets were compromised by blacklisted states, including criminal and terrorist organisations - all while being facilitated by third party professionals. Uniquely, Bill successfully engaged the banker who financed a global campaign that financed the single largest act of aviation terrorism prior to the tragic events of September 11, 2001.

Bill has enjoyed professional relationships in Asia since 1994, relocating to Hong Kong in 2006 to establish an international banking platform on behalf of a Hong Kong merchant bank, representing a number of Chinese state-owned and non-state owned enterprise clients engaged in overseas capital market activities. More recently, he served as an advisor to a prominent family in the GCC region.

Bill works with several private capital pools to identify direct investment opportunities and has launched several businesses in the past year, including EMIDR, a Corporate Risk firm that deploys US military grade cyber technology to assist in cyber security and asset recovery operations. He continues to provide guidance and insight to select clientele on financial crime risk, sanctions and money laundering. He has used his unique background to develop a quantifiable Principles-Based governance programme for large financial institutions.