This event has been postponed. Stay tuned for more information on the rearranged date.
Supported by the Healthcare Committee
Speakers:
Felix Lee, Executive Director, UMP Healthcare Holdings
Vijay P. Karwal, Managing Director, Head of Healthcare Investment Banking, Asia ex-Japan, Nomura
China has long sought, and made considerable progress towards, Universal Healthcare for its 1.3 billion citizens. Rapid economic growth has facilitated the introduction of social health insurance, which now covers over 98% of the population. The net result is hailed in China’s headline health outcomes; a significant rise in life expectancy, considerable reductions in communicable diseases and a halving of premature deaths.
China’s rapidly evolving economic profile has also translated to significant increases in per capita disposable income. However, gaps in social protection systems and increasing over the economic outlook has engendered a strong savings culture. The economy, whilst growing, is doing so at a lower rate than predicted. Market uncertainty is beginning to translate into concerns over the return on investments in China’s healthcare market. Investors eyeing the China market are paying close attention to changes in the macroeconomic outlook, which will likely impact spending on health services and products.
In this session, we will be joined by a panel of leading investment experts to consider the changing fundamentals of the Chinese Healthcare Market and the implications for those seeking to deliver products and services in this vast, dynamic country.
About the speakers
Felix Lee is an Executive Director of UMP Healthcare Holdings (722:HK) and the President of UMP Healthcare China Limited. He is responsible for corporate development, international operations, merger and acquisitions and is also in charge of UMP’s China operations. He is also a Senior Vice President of Chow Tai Fook Enterprises Limited, with responsibilities in making investments in the healthcare sector in Asia and globally. Mr. Lee is also an Independent Non-executive Director of China Resources Medical (1515:HK). Mr. Lee has extensive experience in law, finance and the healthcare industry. Prior to his current roles, Mr. Lee was a solicitor at Freshfields Bruckhaus Deringer, an Analyst in the investment banking department UBS AG, Hong Kong Branch and a Director in the investment banking department of Deutsche Bank AG, Hong Kong Branch.
Mr. Lee obtained a Bachelor of Laws from the London School of Economics and Political Sciences. He has been a solicitor of the High Court of Hong Kong since 2007. Felix is also a member of the China Committee and the Greater Bay Area Committee, the Hong Kong General Chamber of Commerce.
Vijay Karwal is a Managing Director and Head of Healthcare Investment Banking in Asia (ex Japan) for Nomura, and brings over 24 years of advisory and executive experience in the healthcare sector.
Prior to joining Nomura in 2018, Vijay was a senior healthcare industry executive, serving as Chief Development Officer for DaVita Asia Pacific, a joint venture between US healthcare major DaVita Inc., Mitsui & Co., and Khazanah Nasional Bhd., where he was responsible for developing growth strategy and managing the Corporate and Business Development function for DaVita’s kidney care focused specialty healthcare services business in the region, based out of Singapore. In addition, Vijay also served as General Manager of DaVita’s China hospital operations headquartered out of Shanghai. Throughout his career he has been involved in a wide variety of M&A advisory and (debt and equity) financing transactions , advising on over 100 transactions to date for a value of over US$85 billion, including over 75 transactions in the healthcare sector globally. As a thought leader in his space, Vijay has been a frequent speaker at healthcare conferences and industry gatherings globally.
Vijay was educated at the University of Southampton, UK, and the University of Groningen, the Netherlands, and holds a Masters Degree in Monetary Economics. He is a Chartered Financial Analyst.
About the moderator
Thalia Georgiou is the Founder of Asia Care Group; a boutique healthcare advisory firm that supports clients to improve the efficiency and effectiveness of healthcare. Previously, Thalia held a number of senior healthcare management roles in both the UK and Asia, including leading KPMG’s healthcare practice in Hong Kong and Heading the Public Health Office for London. Thalia was recently named as one of the U.K’s "35 top business women under 35” by Management Today, for her substantial contribution to leading change in the health sector. Thalia set up her first healthcare consulting business aged just 26; which grew to serve an international clientele including the Governments of the UK, Hong Kong, Bermuda and Canada, as well as multinational clients. Her firm led several multi-million-pound projects, including the turnaround and restructuring of one of the UK’s largest hospital groups, the restructuring of London’s largest community provider and the development of the commercial strategy for establishing one of the five largest Immunology and Transplantation Centres in the world. Through her new firm, Thalia hopes to bring the same level of expertise to health systems across the Asia-Pacific region.
This event is hosted by Andrew Seaton.
Ticket includes a 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.
Pricing
- Member: HK$440
- Non-Member: HK$560
- Y-Network Member: HK$340
- Start-up Member: HK$340
Terms & Conditions
- 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.
- By attending this event, you agree to be photographed and/or filmed and give permission to use your likeness in promotional and/or marketing materials.
- For further information please email [email protected]
- All payments for this event need to be settled by credit card through PayPal. Please note you do not need a PayPal account to complete payment.