EBAC/ESBN Update: Summer 2015

New Director of ESCAP Trade and Investment Division

Dr. Susan F. Stone
Director, Trade and Investment Division, ESCAP

EBAC/ESBN secretariat is pleased to introduce Dr. Susan F. Stone, who was recently appointed as new Director of the ESCAP Trade and Investment Division. Dr. Stone previously served as Senior Trade Policy Analyst in the Trade and Agriculture Directorate of the OECD, Paris. Her work has been published in national and international government reports as well as peer-reviewed journals. Prior to joining the OECD, she was a Senior Research Fellow at the Asian Development Bank Institute in Tokyo and prior to that, Research Manager at the Australian Productivity Commission.

Summary records of EBAC/ESBN meetings

Thanks to your inputs, participation and contributions, the following EBAC/ESBN meetings were successfully organized at the United Nations Conference Centre in Bangkok in May 2015.

18-19 May
--- ESBN Task Force meetings

19 May
--- Making Sendai Framework Work for Business: A Roundtable Discussion on Disaster Resilience
--- Ninth EBAC meeting

20 May
--- Regional Conference on Aligning Corporate Sustainability with Sustainable Development Goals (http://www.unescap.org/events/regional-conference-aligning-corporate-sustainability-sdgs)

21-22 May
--- Asia Pacific Forum on Sustainable Development (see details at http://www.unescap.org/events/apfsd2)

Attached please find the summary records of these events. Please let us know if you have any comment/input.

Upcoming EBAC/APBF events

2nd Meeting of the ESBN Task Force on Disaster Risk Reduction (DRR), Dhaka, Bangladesh, August 2015

As a follow-up to the business roundtable meeting in May, the DRR Task Force plans to organize the subjected meeting in Dhaka in August 2015. During the meeting, Task Force will discuss its terms of reference, memberships and work plan as well as to disseminate a brochure on Sendai Framework and private sector, initially, for members of Bangladesh chambers of commerce. The Task Force has also planned other activities before the November EBAC meetings.

The following is the tentative schedule of upcoming activities in the 4th Trade and Investment Week, Bangkok, 2-6 November 2015, in which EBAC/SBN participation, involvement or feedback is required:

  • 1 Nov
    --- ESBN Task Force meetings
  • 2 Nov
    --- EBAC/ESBN meetings
    --- Expert group meeting on Science, Technology and Innovation for Sustainable Development
  • 3 Nov
    --- Asia-Pacific Business Forum 2015
  • 4-6 Nov
    --- 4th session of the Committee on Trade and Investment

Detailed programmes, venues and functions will be announced in due course.

Recent events

ESCAP Regional Dialogue “Strengthening Trade and Economic Ties between Afghanistan and Central Asia,” Almaty, Kazakhstan, 10-11 March 2015

Mr. Victor Tolmachev, EBAC member and the Chairman of the Supervisory Board, ACIG Group of Companies, Russian Federation, addressed at the regional conference and made contributions to the agenda on decreasing of trade and transport barriers and strengthening of ties among small businesses in Afghanistan, Central Asia and Russian Federation. The participants of the conference were senior official and representatives from economic ministries, trade organizations and chambers, international organizations, financial sector and research institutes.

Enriching the Business Ecosystem for Responsible Banking: Corporate Perspectives, Hong Kong, China, 7 May 2015

The ESBN Finance and Banking Task Force organized this seminar in cooperation with and hosted by KPMG in Hong Kong, China, on 7 May 2015. The Task Force launched a publication “The 3Cs for Responsible Banking in Asia and the Pacific: Corporate Governance, Corporate Social Responsibility and Corporate Sustainability” in Colombo in November 2014, and the seminar discussed the purpose of the 3Cs which aims to link business with the greater community. EBAC/ESBN secretariat also attended the seminar. Similar seminars are planned to be organized in other locations in the future.

38th Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Annual Meeting, Nha Trang, Viet Nam, 13 May 2015

Viet Nam Chamber of Commerce and Industry (VCCI) Da Nang’s project “SME Market Information and Development Programme (SMIDP)” and its flagship website “SME Market Exchange (SMARTEX)” was awarded a special “Plaque of Merit” in recognition of the developmental impact on small business and trade. SMIDP and SMARTEX were supported by the MSME Task Force, and the recognition award was given at the ADFIAP Awards Night during the subjected conference.

The New York Times, “Asia must build a less wasteful economy” by Chandran Nair, EBAC member, 8 June 2015


New ESBN members

Task Force on Banking and Finance

Pat-Nie (Patrick) Woo
Director of Strategic Development, KPMG, Hong Kong, China

At KPMG Pat is responsible for developing initiatives in sustainable development and family business advisory services. He is also part of the steering group for the High Growth Technology and Innovation Group. Pat previously worked as a Director of Central Textiles, which is the first textile company in Asia to issue a sustainability report under the Global Reporting Initiatives (GRI) Guidelines. At Central he was active in the field of sustainable development and supply chain transparency. Pat is the founder and a former Chairman of the Sustainable Fashion Business Consortium (SFBC), where he continues to serve on its executive committee. He is also a member of the Environmental and Energy Committee at the British Chamber of Commerce. For his contribution to the textile industry with regards to sustainability, Pat received the Young Industrialist of the Year award from the Federation of Hong Kong Industries in 2009. Pat graduated from Imperial College London with Bsc in Chemistry. He is a qualified accountant and is a member of the Hong Kong Institute of Certified Public Accountants.

Karan Kumar
Senior Manager, Risk Consulting, KPMG, Hong Kong, China

Karan Kumar (KK) is a corporate governance, risk and strategy professional with extensive experience in identifying risks impacting strategy execution and implementing tools that support decision making. He works as a Senior Manager at KPMG’s Risk Consulting practice in Hong Kong, China where he advises clients on a range of corporate governance matters such as developing risk governance frameworks, setting up internal assurance functions, delivering compliance with regulatory requirements such as stock exchange listing rules and providing audit committees with assurance over the effectiveness of their internal control environment. In his most recent role he worked at a Fortune 500 information solutions, media and publishing company based out of London, where he helped the business develop and roll-out their risk management framework. Prior to that he worked at KPMG UK’s Risk Consulting function where he advised global clients on corporate governance matters. KK holds a master’s degree in engineering from the University of Cambridge and was a risk management guest lecturer at the London School of Economics. He is also a qualified accountant with the Institute for Chartered Accountants in England and Wales.

Task Force on Digital Economy

Fumbi Chima
Chief Information Officer - Asia, Walmart, Hong Kong, China

Fumbi Chima is Chief Information Officer for Walmart Asia. She provides vision and leadership for developing and implementing Walmart’s information technology initiatives that align with the company’s objectives. She leads IT strategic and operational planning to achieve Walmart's goals by fostering innovation, prioritizing IT initiatives and coordinating the evaluation, deployment and management of current and future IT systems across the organization. The Society of STEM Women of Color named Fumbi the "IT Leader of the Year" in 2012 and also named her the "Hall of Fame-Women of Color for STEM" in 2014. In 2012, MBA Diversity Magazine named her as a “Top 100 under 50 Executives” and in 2015, International Women's Day named her as the “Global Leader of the Year.”

Sam Ng
Partner, Fundnel Ltd., Singapore

Sam Ng is the Partner of Fundnel, the first Asia online investment crowdfunding network, connecting private businesses with the community of investors and professionals. Prior to founding Fundnel, Sam worked in the Asia Investment Banking Department of J.P. Morgan from 2010 to 2014, raising over US$10 billion for companies across Asia and the Pacific. He also executed a number of debt restructuring transactions, which helped distressed companies avoid imminent bankruptcy, and extended debt maturity of over US$300 million. Prior to raising funds for clients of J.P. Morgan, Sam had worked directly with the management team in J.P. Morgan Asia since 2007, and was in the taskforce that shaped growth executions, screened strategic partners, initiated new business lines and executed risk review and business optimization projects. Sam graduated from the University of Hong Kong with Deans Honor.

Phang Yew Kiat
Executive Director, Vice Chairman and CEO, Credit China Holdings Limited, Hong Kong, China

Phang Yew Kiat joined Credit China in 2013, initially as Executive Director, and is presently the Vice Chairman and CEO of the company. Prior to his current appointment, Phang was the Principal Director of Standard Private Bank in 2011 and, in 2009, the General Manager, SME Business for Singapore and Malaysia with immediate responsibility for 800 staff serving over 60,000 clients and a balance sheet of USD 12 billion delivering over USD 200 million of annual revenue. In 2005 Phang was sent to China to build a brand new commercial bank, China Bohai Bank, where he served as the Executive Director and Deputy CEO of the bank for 3 years. The China Bohai Bank under his leadership had expanded to a team of over 1,000 professionals in 22 new branches with over 150,000 premier individual and corporate clients by 2009. In his earlier appointment as the Group Head of Corporate Strategy in DBS, Phang led a senior management team in the acquisition of Hong Kong’s fourth largest bank, Dao Heng Bank. He received an MBA in International Business from University of Bristol and a Bachelor of Engineering in Microelectronic Engineering from University of Manchester Institute of Science and Technology. He is also a qualified Wealth Advisor registered with the Monetary Authority of Singapore.

Terrance Philips
Executive Director, Vice Chairman and CEO, Credit China Holdings Limited, Hong Kong, China

Terrance Philips is a Managing Director at Citi Private Bank, based in Hong Kong, China. In his role he is responsible for developing relationships with general partners of private equity firms and their respective funds across Asia. Philips coordinates with his partners to deliver the Citi Bank platform to the private equity asset class to include: subscription facilities, private banking, funds services, investment banking and funds distribution. Prior to joining the company, Terrance spent twelve years with Silicon Valley Bank including several increasingly senior positions such as cash management advisor, global treasure advisor and Managing Director responsible for the firm’s Global Private Equity Service Group. Philips managed relationships with more than 130 international venture capital firms throughout Asia, Europe, Israel and South America. In addition, he is an advisor to the board of directors of both the China Venture Capital Finance Organization and the Hong Kong Private Equity Finance Association. Terrance is also a board member of the Children’s Medical Foundation. Philips holds a bachelor’s degree in international business from Pepperdine University and a MBA from Pepperdine University’s Graziadio School of Business.

Ian Stone
Director and Co-Owner, Franco Development Ltd.; Independent Non-executive Director, Tencent, Hong Kong, China

Ian Charles Stone is a Director and Co-Owner of Franco Development Ltd. providing independent advisory and consulting services, and in particular to technology, media and telecoms. He is an Independent Non-executive Director of Tencent, a leading China and Global internet company. While Ian has more than 40 years of experience in the telecom industry, his career in the last 20 years has been primarily in leading mobile telecoms businesses and new wireless and internet technology. He has held senior management roles in PCCW, SmarTone, First Pacific, Hong Kong Telecom and CSL, as Chief Executive or at Director level, primarily in Hong Kong, China, and also in London and Manila. Since retiring from PCCW in 2011, Ian has provided advisory services to telecom and internet companies and investors in Hong Kong, China, South-East Asia and the Middle East. Ian is a fellow member of The Hong Kong Institute of Directors.

Task Force on Green Business

Janet Neo
Regional Head of Corporate Sustainability, Fuji Xerox Asia Pacific, Singapore

Janet Neo heads Corporate Sustainability in the Asia-Pacific region at Fuji Xerox. Janet was previously with HEINEKEN Asia Pacific where she was a key player behind major regional sustainability achievements that grew HEINEKEN’s corporate reputation and sustainability rankings. She spearheaded Asia Pacific Breweries Limited and HEINEKEN’s sustainability strategy “Brewing a Better World,” award winning sustainability reports and communications across 21 countries in the Asia-Pacific region. Prior to that, Janet worked for the Ministry of Community Development, Youth and Sports of Singapore where she headed the President’s Challenge to promote national philanthropy, volunteerism and CSR. She was also an advisor to institutions, foundations and corporations like Microsoft, Estee Lauder, Citibank and Singapore Formula One, raising $10 million annually for 40 local charities. She had a stint with Up with People, a US-based international non-profit organization, where she led a global research on cultural intelligence and implemented CSR and fundraising projects across 11 countries in Asia, Europe and North America. Janet holds a Bachelor’s degree in Economics and Sociology from the National University of Singapore, University Scholars Programme. She had Silicon Valley start-up experience and studied in Stanford University.

Task Force on Trade and Transport Facilitation

Paul Apthorp
Vice Chairman and founding Director, Greater Mekong Subregion (GMS) Freight Transport Association (FRETA), Lao PDR

Paul is Vice Chairman and a founding Director of the Greater Mekong Subregion (GMS) Freight Transport Association (FRETA). He has worked to develop and deregulate cross border transport in the GMS countries for eight years, launching the Asian Road Network for TNT linking Singapore, Thailand and China by 2008. Paul has previously run high tech logistics operations in Japan. He was spent many years in international transport business in Europe and spent seven years consulting in Russia Federation and the CIS after the breakup of the Soviet Union. He holds a Bachelor’s degree in Transport and Logistics and a Masters in Transport from Sydney University.

New ESBN advisers

Task Force on MSMEs and Social Enterprises

Prof. Dr. M.P. Poonia
Director, National Institute of Technical Teachers Training and Research, India

Born on 7th July, 1959 in a small village of Rajasthan (India), Dr. M.P.Poonia is specialized in areas of Mechanical Engineering (IC Engines, Gas Dyanics, Ref. & AC), Renewable Energy and Sustainable Development. He is M.Tech (Mech.) and Ph.D (Thermal Engg) from Indian Institute of Technology, Delhi. He possesses 27 of total experience, out of which 6 years as Principal of Govt. Engg. College, Bikaner (Rajasthan) and 1 years and two months as Dean, Planning and Development in MNIT, Jaipur, (Rajasthan). He has published 80 papers in National and International Journals and published several books and manuals in the field of Mechanical Engineering. He is the Member of IEI, ISTE & Society of Automotive Engineers. On 20th July, 2012, Dr. Poonia took up the responsibility of Director, National Institute of Technical Teachers Training and Research, Chandigarh (India). Dr. Poonia made significant contribution as a Director for the growth and development of technical education in the northern states of India and to conduct of sub-regional and in-country programmes in collaboration with Colombo Plan Staff College for Technician Education, Manila, Philippines. Under his able leadership, the institute has to its credit the conduct training programme for Nigeria. He has undertaken projects sponsored by All India Council for Technical Education, Deptt. of Science and Technology, Delhi and Govt. of Rajasthan and MHRD, Govt. of India. He is the recipient of many Awards for his academic achievements and National Award for the Empowerment of Persons with Disabilities – 2013 by the Hon’ble President of India on 3rd December, 2013 in New Delhi in recognition of outstanding performance in the field of Best Institution for Empowerment of Persons with Disabilities in the country. He is the member of Board of Governors of, as many as 19 Government/Autonomous bodies/Universities in the state of Punjab, Haryana, Himachal, Delhi and Chandigarh. He has visited many countries USA, China, Thailand, Singapore & Sri Lanka.

Dr. Watcharas Leelawath
Director, Mekong Institute, Thailand

Prior to joining Mekong Institute (MI), an intergovernmental organization headquartered in Khon Kaen, Thailand, Dr. Watcharas Leelawath was the Deputy Executive Director of the International Institute for Trade and Development (ITD) in charge of planning, supervising and conducting research projects, training programmes and various capacity building activities. Dr. Watcharas is a trade economist with a strong interest in trade and development cooperation issues under GMS and ASEAN frameworks. He has extensive research experience in the fields of international labour migration, human capital and regional economic integration. He has published several articles on trade-related topics and has co-authored a book entitled “Economics and Trade in Goods: An Introduction.” He provided his expertise in a number of capacity building activities organized by ITD, ADB, UNESCAP, WTO and Thailand International Development Cooperation Agency (TICA). Dr. Watcharas earned his undergraduate degree from Chulalongkorn University and his MA and Ph.D. in Economics from the University of Kansas. Right after obtaining his Ph.D., he worked as Assistant Professor of Economics at the University of Minnesota, Morris, where he taught International Economics and Mathematics for Economists.