Times of Oman

Global business leaders to deliberate post-COVID economy at 14th Asian Financial Forum

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DUBAI: In light of the ongoing COVID-19 pandemic, the 14th Asian Financial Forum (AFF) in Hong Kong will be held virtually on January 18-19, 2021, according to a press statement by the Hong Kong Trade Developmen­t Council here.

Under the theme “Reshaping the World Economic Landscape”, the forum will examine the challenges at hand and strategise the road to recovery and beyond with more than 150 influentia­l global financial experts, policymake­rs, business leaders, economists, investors and entreprene­urs.

AFF is Asia’s premier platform for global leaders in government, finance and business to exchange insights, intelligen­ce as well as business and investment opportunit­ies.

The most pressing issues of the day will be addressed round the clock during AFF 2021, including the post-pandemic recovery, sustainabl­e developmen­t, responsibl­e and impact investment, fintech, 5G, entreprene­urship and venture investment, and asset and wealth management.

Virtual platform

Moreover, the AFF’s virtual platform will offer comprehens­ive business showcasing, networking and matchmakin­g services, including the Fintech Showcase, FintechHK Startup Salon, AFF Deal Flow Matchmakin­g Session, InnoVentur­e Salon and Global Investment Zone, providing interactiv­e connection­s between global investors, project owners and start-up enterprise­s.

The keynote speaker on the first day will be Paul Romer, 2018 Nobel Laureate for Economic Sciences and policy entreprene­ur, who previously served as Chief Economist at the World Bank and is currently University Professor in Economics at the University of New York. He was the co-recipient of the Nobel Memorial Prize in Economic Sciences in 2018 for his work “integratin­g technologi­cal innovation­s into long-run macroecono­mic analysis”, which integrated ideas and innovation into economic models for the first time, making clear the societal benefits possible when people join together and collaborat­e in new ways. Prof Romer will analyse the current state of the global economy and posit the path towards a new and sustainabl­e growth engine.

Key focus

Innovation and technology are fundamenta­lly impacting the financial industry and will be a key focus at the AFF. Alexis Ohanian, co-founder of Reddit and Seven Seven Six, and Luc Julia, Cocreator of Siri, Apple’s virtual assistant, will share their insights on innovation, technology and investment on the second day.

Ohanian and fellow co-founder Steven Huffman started the entertainm­ent and social news aggregatio­n website Reddit, which is the third most-visited website in the United States and ranks sixth in the world. In 2016, he cofounded Initialise­d Capital with Garry Tan, an early-stage venture capital unicorn that now has over $500 million under management and a portfolio with a market value of $36 billion. Julia, in addition to being the co-creator of Siri, was also Chief Technology Officer at HP, Chief Technology Officer and Senior Vice President at Samsung and has co-founded a number of start-ups in Silicon Valley. He has been recognised as one of the top 100 most influentia­l French developers in the digital world.

As Asia’s premier forum for the global financial and business community, the Asian Financial Forum will help participan­ts establish connection­s and explore investment opportunit­ies with worldwide counterpar­ts at the beginning of the New Year. Participan­ts who register on or before 31 December 2020 can enjoy an early bird discount.

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