Financial Times and Labuan International Business and Financial Centre Host FT Asian Wealth Management Summit 2015

Hong Kong, Oct. 22, 2015 /PRNewswire/ -- Building on the success of two previous ASEAN-focused summits, the expanded 2015 FT Asian Wealth Management Summit (summit) will be held on 4 November at The Fullerton Hotel in Singapore, gathering C-suite and director-level executives from across Asia's leading private banks, family offices, investment banks and asset managers to explore diverse trends and influences shaping the wealth management industry.

Titled "Understanding Asia's Wealthy", the third annual summit, organised by the Financial Times, in collaboration with Labuan International Business and Financial Centre (Labuan IBFC), will equip participants with the insights and tools to respond to a changing global environment. The event will be co-chaired by Yuri Bender, Editor-in-chief, Professional Wealth Management, and Lucy Colback, Asia Lex editor, Financial Times, and feature keynote speeches and panel discussions that will shed light on where the most lucrative wealth management opportunities lie, and what firms must do to capture these opportunities to grow their business.

For the first time, this year's summit will also incorporate PWM-The Banker Global Private Banking Awards 2015, with global award winners announced at a gala dinner following the summit. Now in their seventh year, the awards celebrate excellence in private banking and are attended by more than 200 of the industry's best and brightest.

Speakers at the FT Asian Wealth Management Summit will include:

• Danial Mah Abdullah, Interim CEO, Labuan IBFC
• Febby Avianto, Head of Private Banking Asia, Falcon Private Bank
• Satya Narayan Bansal, Chief Executive Officer, Wealth & Investment Management India, Barclays
• Andrew Chan,  Head of Trust & Fiduciary Services, Greater China, Standard Chartered Private Bank
• Lily Chan, Executive Director, Alternative Capital Markets Group, Goldman Sachs Private Wealth Management
• Vincent Duhamel, Head of Asia, Lombard Odier
• Geoffroy De Ridder, Managing Director and Operating Head, UBS Wealth Management Asia Pacific
• Karim Ghannam, Head of Alternatives & Fund Solutions, Asia Pacific, Deutsche Asset & Wealth Management
• Claude Haberer, Chief Executive Officer Asia-Pacific, Pictet Wealth Management
• Hans Hanegraaf, Country Executive, ABN Amro Bank NV Singapore, & Chief Executive Officer Private Banking Asia & Middle East, ABN Amro
• Ernest Leung, Chief Executive Officer, Singapore, BNP Paribas Wealth Management
• Michel Longhini, CEO Private Banking, UBP 
• Min Lan Tan, Managing Director, Head APAC Investment Office, Chief Investment Office, UBS Wealth Management Asia Pacific
• Su Shan Tan, Group Head, Consumer Banking and Wealth Management, DBS Bank 

Yuri Bender, Editor-in-chief, Professional Wealth Management, commented, "Seven years after the global financial crisis of 2008, the business of wealth management has fundamentally changed. Across the world, regulations are becoming more stringent - posing new challenges around minimum capital and liquidity requirements, proprietary trading restrictions and rules relating to offshore assets and income. In addition, changing preferences and increasingly high expectations from clients mean wealth management is more competitive than ever.

"Asia Pacific now boasts the world's largest high-net-worth population and that wealth continues to grow. The third annual Asian Wealth Summit will explore what this new global environment means for private banking and wealth management, and investigate how we can better understand and connect with Asia's wealthy. I am excited to once again be involved in this summit and look forward to the robust discussion and insights it will uncover," he said.

Danial Mah Abdullah, Interim Chief Executive Officer, Labuan IBFC, said: "These are exciting and unprecedented times for the wealth management industry - as Asia is now home to the largest number of high-net-worth individuals (HNWIs) in the world. Labuan IBFC has served the needs of Asian businesses for the past 25 years, and we are now the only jurisdiction in the region offering a complete spectrum of structures and solutions, catering to the unique needs of Asian HNWIs and the practitioners servicing them. This includes a full suite of Islamic and ethical wealth management options. We are happy to partner with the Financial Times for the third year running and we look forward to hearing from some of the best minds in the industry."

The 2015 FT Asian Wealth Management Summit and Global Private Banking Awards are open to media. For full updates on the programme and speakers, or to register, please visit live.ft.com/Events/2015/Asian-Wealth-Management-Summit.  

For further information, please contact:

Edelman

Financial Times

About the Financial Times: 

The Financial Times, one of the world's leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, the FT has a combined paid print and digital circulation of 737,000. Mobile is an increasingly important channel for the FT, driving almost half of total traffic.

About Labuan International Business and Financial Centre (Labuan IBFC):

ASIA PACIFIC'S MIDSHORE INTERNATIONAL BUSINESS AND FINANCIAL CENTRE

Labuan International Business and Financial Centre (Labuan IBFC) offers global investors the benefits of a leading international financial centre with access to Malaysia's network of over 70 double taxation treaties. As a leading midshore jurisdiction, investors enjoy the benefits of Labuan's efficient fiscal framework and market-friendly business environment, supported by professional service providers specialising in all aspects of insurance, takaful, international tax, trust and law.

Located off the North West coast of Borneo, Labuan IBFC is a leading jurisdiction for conventional and Islamic financial services. Please visit: www.libfc.com

About PWM - The Banker Global Private Banking Awards:

Now in their seventh year, the Global Private Banking Awards gather qualitative and quantitative information from private banking groups, covering key performance measures, business models, regulatory and tax compliance, growth strategies, customer service, use of technology, portfolio management and many other areas. The bank's submissions are judged by an expert panel of fifteen industry professionals based in North America, Asia, Europe and the Middle East.
http://www.privatebankingawards.com/