From Branches to Bits – Exploring the Impacts of Virtual Banking in Hong Kong

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From Branches to Bits – Exploring the Impacts of Virtual Banking in Hong Kong

Please email yammie@britcham.com for more information

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In a push to drive FinTech development, the Hong Kong Monetary Authority (HKMA) will start issuing licenses to operate virtual banking platforms in the coming months.

At this event an industry panel will explore how the launching of new virtual banks will impact the retail banking landscape in Hong Kong – how are the incumbents reacting, what are the new entrants looking to achieve and what will become of the traditional bricks-and-mortar bank branch.

 

About the speakers

Deniz Güven is an internationally recognised leader in driving digital transformations and bringing new digital banking experiences to audiences globally.

As the the CEO of the virtual bank by Standard Chartered Bank Hong Kong, Deniz leads the team in building a smart bank to solve clients’ pain points with real digital services. The new banking model focuses on financial inclusion and fostering dynamic partnerships to create a comprehensive digital ecosystem. Deniz joined Standard Chartered in 2017 as the Global Head, Design and Client Experience, where he oversaw client journey and optimisations, digital wealth, and collaborations with tech firms and startups.

Prior to joining Standard Chartered, Deniz served as the Senior Vice President at BBVA Group’s Garanti Bank in Turkey. During his role at Garanti, Deniz was responsible for end-to-end digital assets, as well as iGaranti the first mobile only bank in Turkey. Deniz played an important role which enabled Garanti to reach 5 million active digital customers and to grow their market share in Turkey.

 

Jessica Lam is the Head of Strategy at WeLab – Asia’s leading FinTech company – which operates Wolaidai, one of China’s largest mobile lending platforms and WeLend, Hong Kong’s leading online lending platform. The company also partners with leading financial institutions which utilise WeLab’s proprietary fintech solutions. WeLab was named in a KPMG-sponsored report as one of the top 100 fintech companies in the world – #6 in China and #33 globally, and was ranked by Deloitte as #1 fastest growing tech company by revenue in Hong Kong and #4 in China.

At WeLab, Jessica is responsible for the strategic business developments across the group in Hong Kong, China and Indonesia, as well as the capital markets strategy with business partners and investors. 

Prior to joining WeLab, Jessica spent 12 years in investment banking with Goldman Sachs across their offices Hong Kong, London and Singapore.  Most of this time was spent as a corporate finance banker executing M&A transactions, capital market fundraisings in debt and equity as well as strategic advisory, deal origination and relationship coverage of financial sponsors and corporates in Asia.

 

Shu-Pui Li is currently the Executive Director (Financial Infrastructure) of the Hong Kong Monetary Authority (HKMA). His major responsibilities include implementation of the Fintech Facilitation Office of the HKMA with an aim to establishing a FinTech ecosystem and developing Hong Kong as the fintech hub, development and promotion of the financial market infrastructure in Hong Kong, management and oversight of currency, note printing and settlement functions, and coordination with overseas central banks and service providers to facilitate cross-border cooperation in financial market infrastructure development.

He joined the HKMA in 2001 as a consultant at Division Head level to help develop and set up the supervisory framework for e-banking, technology risk management and business continuity planning of authorised institutions. Shu-pui took up the position of Head (Financial Infrastructure Development) in 2010, responsible for maintaining the leading status of Hong Kong as a regional payment hub. He was appointed to his present position in August 2016.

 

About the moderator

Chris Harvey joined Accenture in June 2016 after a 15-year career at Deloitte and with 25 years’ experience of serving clients in Financial Services across the world. At Deloitte, Chris was the Global Head of Deloitte’s Financial Services business for 5 ½ years, the last 3 of which he has spent in Hong Kong spearheading their growth in the AP Region. In addition, Chris was the Global Lead Client Partner (CAL) for Deloitte’s largest global client. Chris specialises in Business and Operational strategy with a particular focus on the impact of disruptive technology on Financial Services and has worked in over 30 countries and lived in 6.

Prior to Deloitte, Chris worked in consulting at Gemini Consulting and Capco following an MBA from Cranfield School of Management. He also has an MA in Jurisprudence (Law) from Oxford University and spent 10 years as an officer in the British Army.

 

Ticket includes full hot English breakfast buffet.

Please note that Business Attire is required by the Hong Kong Club - collared shirts must be worn by men, and jeans, sandals and sports shoes are not permitted. To see the full list of club rules on dresscode, please click here.

ATTENDANCE FEE
ATTENDEE PRICE
Member $ 400.00 HKD
Non-Member $ 520.00 HKD
Y-Network $300.00 HKD
Startup $300.00 HKD
  • Reservations in advance are required. Please consider your booking confirmed unless notified otherwise.
  • Business Attire is required by the Hong Kong Club. No jeans or sports shoes.
  • Cancellations must be made in writing 24 hours prior to the event. No shows will be charged.
  • This event is closed to the media.
  • The event will be cancelled if the No.8 Typhoon signal or the Black Rain Storm warning is in force.
  • For further information please email yammie@britcham.com
  • Please make cheques payable to: "The British Chamber of Commerce in Hong Kong" & send it to Room 1201 Emperor Group Centre, 288 Hennessy Road, Hong Kong
Event:

From Branches to Bits – Exploring the Impacts of Virtual Banking in Hong Kong

Date:
Tue, October 16, 2018
Time:
08:00 AM - 09:30 AM
Speaker:

Deniz Güven, CEO, Virtual Bank, Standard Chartered Bank Hong Kong

 

Jessica Lam, Head of Strategy, WeLab

 

Shu-pui Li, Executive Director, Financial Infrastructure Department, HKMA Fintech Facilitation Office

 

Moderated by: Chris Harvey, Managing Director, Financial Services, APAC, Accenture

Venue:
Victoria Suite, The Hong Kong Club, 1 Jackson Road, Central. Hosted by Andrew Seaton
Contact Person:
Yammie Yuen
Contact information:
yammie@britcham.com

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