ASIAN PRIVATE BANKER FAMILY OFFICES SUMMIT 2014 6 NOVEMBER 2014

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PROGRAMME

ASIAN PRIVATE BANKER 8:30am Registration and coffee

9:25 am Welcome and opening comments FAMILY OFFICES Shruti Advani Editor SUMMIT 2014 Asian Private Banker Mignonne Cheng Chairman & CEO, Asia Pacific Thursday, 6 November 2014 BNP Paribas Wealth Management Level M2, The Peninsula,

9:30 – 10:15 am Opening Keynote Address - The importance of traditions in keeping a family united - Resolving conflict amicably - Divergent business interests need not equal a divided family Mahesh Harilela CEO/Chairman, M. Harilela Global Investments Ltd. CEO, Inter-Islands Distribution Ltd.

10:15 - 11:15 am Lead panel discussion: Philanthropy Trends as a key element in Family Legacy Panellists: David Fong Man-hung, BBS, JP Managing Director, Hip Shing Hong (Holdings) Company Ltd Director, Fong Shu Fook Tong Foundation Vice Chairman, Fong’s Family Foundation James Chen Co-Chair The Chen Yet-Sen Family Foundation Robin Hwang Executive Director Foodlink Foundation Limited Andy Chai Managing Director, Head of Hong Kong Market BNP Paribas Wealth Management Moderator: Helene Li Managing Director, Head of Strategic Planning Brand & Communications BNP Paribas Wealth Management

11:15 - 11:45 am Coffee break 11:45 - 12:30 pm Charles Fabrikant – How owners make the most out of their jets 3:15 – 4:15 pm Breakout sessions Jeffrey Lowe, Managing Director of Asian Sky Group presents an account of how private jet A. Best Practices of Charitable Trust for Family Foundations owners make the most of their planes, what the owner experience is like and how Asian Sky - Family Members and Principals Only Group helps to navigate through the turbulence of handling and operating their investments. Moderator: Christina Lee This session will include a Q&A session with avid aviation enthusiast, Dato’ Shahriman Head of Philanthropy Advisory, Asia-Pacific Shamsuddin, who along with his brother Shahril, runs the Sapura Group and is #11 on Forbes’ BNP Paribas Wealth Management Malaysia’s 50 Richest List. B. A leading opportunity in Asia: fixed income strategy through onshore direct Jeffrey Lowe lending programs Managing Director Asian Sky Group Moderator: Robert Petty Managing Partner and Co-Founder Shahriman Shamsuddin Clearwater Capital Partners Non-Independent Non-Executive Director SapuraKencana C. Targeting absolute returns in the current market environment - where are the opportunities? Moderator: Charles Martin, CFA 12:30 – 1:15 pm Evolution and Opportunity in Asia’s $30 trillion Credit Market Portfolio Specialist, APAC With China’s growth fuelled by its own version of QE, growing debt levels and credit BNY Mellon Investment Management sophistication across Asian economies, Clearwater maps out how this asset class is a growing alternative to Asian public and private market exposure. 4:15 – 5:00 pm Closing keynote address Robert Petty Cycling Home From Managing Partner and Co-Founder Clearwater Capital Partners Rob Lilwall Explorer and Author

1:15 – 2:30 pm Luncheon 5:00 pm Close

2:30 – 3:15 pm Sailing in the winds of change – navigating regulatory currents when managing your money In this presentation, the speakers will look at the regulatory changes affecting family offices, including new licenses and reporting requirements, as well as the implications of becoming a multi-family office. Matt Feldmann Partner Clifford Chance Helen Fok Senior Associate Clifford Chance

Speaker Biographies

Shruti Advani Mignonne Cheng Mahesh Harilela Rob Lilwall Editor Chairman and Chief Executive Officer CEO/Chairman, M. Harilela Global Investments Explorer and Author Asian Private Banker BNP Paribas Wealth Management Asia Pacific CEO, Inter-Islands Distribution Ltd.

Shruti Advani has been the Editor of Asian Private A seasoned banker, Mrs. Mignonne Cheng has amassed Mahesh has an entrepreneurial spirit. He has been Having received his education at Edinburgh University Banker since 2009, prior to which she was an Anchor over 35 years of experience in the financial sector with over involved in creating and developing companies of both and Oxford University, Rob Lilwall’s early career included and Associate Stocks Editor for Bloomberg Television. 25 years in senior management positions in corporate and Trading and Brand Development. He currently sits on working as a door-to-door salesman in California and Acknowledged in Hong Kong Banking circles as an commercial banking as well as investment banking. the Board of Directors and is the CEO for Interisland London, and a high school geography teacher in the UK. authority on private banking issues, she is a frequent Distribution Ltd, is Chairman and on the Board of He then embarked on his two most epic expeditions: speaker and moderator at industry events as well as the Mrs. Cheng is currently the Chairman and Chief Directors for M. Harilela Global Investments Ltd., is a the three-year 50,000 km Cycling Home From Siberia Chairperson of the jury for the Asian Private Banker Executive Officer of BNP Paribas Wealth Management for Director for Bonvivant & Bellavita Company, is acting expedition, and the six-month 5,000 km Walking Home Awards for Distinction. Asia Pacific and a member of the Executive Committee of Vice Council for Maldives and lastly, Chairman for King From Mongolia expedition. Both were commissioned as BNP Paribas Wealth Management, since the appointment George V School’s Strategic Development Committee. television series for National Geographic, and involved in 2010. In addition, she is the G100 member of the Bank. Rob travelling unsupported through some of the harshest Over the course of the last twenty-five years, Mahesh places on earth, from the frozen wastelands of the Gobi Mrs. Cheng joined BNP Paribas in 1990 and has held created, from start-ups, branded watches to branded Desert and the remote valleys of inland China, to the various senior positions in the Group in the past 24 years. electronics, thus venturing into supply and chain thick jungles of Papua New Guinea and the war-torn management for Nichimen Corporation in Japan. Over passes of Afghanistan. Rob’s shorter expeditions have Prior to joining BNP Paribas, Mrs. Cheng was with Chase the last five years, he has exited the trading activities, and included circumnavigating the M25 motorway and Manhattan Bank Hong Kong Branch for 18 years, where now focuses on the environmental, social sustainable crossing Israel and the West Bank on foot, and traversing she took up various positions both on the control and on investments which had then enabled him to travel around the Ethiopian Highlands, the Andes, and the Karakoram the operational sides. Asia, North America and Europe to understand and by bicycle. develop sustainable business activity. Mrs. Cheng was a member of the Banking Advisory He is the author of two books, and has given his acclaimed Committee chaired by The Honourable John Tsang, motivational talks to more than 50,000 people in over 20 Financial Secretary of the HKSAR, and has also served countries around the world. In between expeditions Rob as a member of The Consultative Committee of the Basic devotes himself to writing, speaking and charity work. Law of the HKSAR between 1985 and 1989 when the Rob and his wife are currently the Hong Kong Joint National Basic Law was being drafted. Directors of the children’s charity, Viva.

In October 2006, Mrs. Cheng was granted the “Top 100 Outstanding Women in Greater China Award” by The Chinese Women Entrepreneurs Association. In October 2007, Mrs. Cheng was decorated “Chevalier de l’Ordre National du Mérite”, a French national award, and subsequently “Chevalier de l’Ordre de la Légion d’Honneur” in May 2012. In August 2011, Mrs. Cheng was honored as Top 20 Women in Finance by FinanceAsia. Jeffrey Lowe Robert Petty Matt Feldmann Helen Fok Managing Director Managing Director and Co-Founder Partner Senior Associate Asian Sky Group Clearwater Capital Partners Clifford Chance Clifford Chance

The managing director of Asian Sky Group is Jeffrey Robert Petty is a Managing Partner and Co-Founder Matt is a partner in Clifford Chance’s Funds and Helen is a senior associate in Clifford Chance’s Funds and Lowe. Jeff has over 30 years of Engineering, Marketing of Clearwater Capital Partners and is a member of the Investment Management practice in Hong Kong. He has Investment Management practice in Hong Kong. Helen and Sales experience in commercial and business aviation. Firm’s Investment and Management Committees. Since been in Hong Kong since 1998 and is experienced in all specialises in funds establishment and regulatory work, Based in Hong Kong since 1997, Jeffrey specializes in the founding the Firm in 2001, Mr. Petty and his partner types of funds formation work (including hedge, private including private equity funds, hedge funds and exchange Greater China business aviation market. He first came to Amit Gupta have utilized their backgrounds in credit- equity, real estate, mezzanine, and infrastructure funds), traded funds. She is a native Cantonese speaker, and also Hong Kong as a director of sales for Asia-Pacific for the oriented investment strategies and invested profitably acting as fund investor’s counsel, advising on securities fluent in Mandarin and English. Bombardier Aerospace Business Aircraft Division. In May across cycles, sectors and geographies building an and banking regulatory work, as well as direct private 2000, he was appointed regional vice president of sales Asia-focused business that today is one of the largest equity investments. Matt is fluent in English, French for North Asia, including the Philippines, by Gulfstream credit investing firms in the region. Over his nearly and German. He is a member of AIMA’s Regulatory Aerospace Corporation. 30-year career, Mr. Petty has focused on investing in Sub-Committee and ANREV’s Professional Standards Asia-dedicated special situations and credit investments, Committee. Matt is admitted in Hong Kong, England and Jeffrey joined the recently formed Business Aviation Asia including turnarounds, restructurings, stressed Wales and Geneva (Switzerland) and is fluent in English, (“BAA”) in 2007 where he was responsible for establishing credits and distressed-for-control transactions. Mr. French and German. and expanding its managed aircraft business, plus aircraft Petty’s principal responsibilities encompass portfolio sales, marketing and project development. Under his management, origination and overall management of the direction, BAA’s managed fleet grew to over 30 aircraft in Firm. Prior to founding Clearwater, Mr. Petty held senior service, notably 22 aircraft in 2011, with most registered positions at Amroc Investments LLC, Peregrine Fixed and based in Mainland China. Income Ltd. and was with Lehman Brothers Holdings, Inc. for thirteen years. Prior to Hong Kong, Jeffrey worked in commercial aviation for the de Havilland Aircraft Company of Mr. Petty sits on the Board of four Clearwater portfolio Canada, Boeing Canada, Boeing Commercial Airplanes, companies and also serves on the Boards of two non- the Canadair Regional Jet Division and Bombardier’s profit organizations, The Emerging Markets Private Regional Aircraft Division. He began his career as a Equity Association (EMPEA) and EngenderHealth. Mr. ground test engineer and then moved into marketing and Petty holds a Bachelor of Arts degree in Political Science sales internationally in Europe, the Middle East, Africa from Brown University and is based in Hong Kong. and Asia.

Panellists

David Fong Man-hung, BBS, JP James Chen Andy Chai Helene Li Managing Director, Hip Shing Hong (Holdings) Company Ltd Co-Chair Managing Director Managing Director Director, Fong Shu Fook Tong Foundation The Chen Yet-Sen Family Foundation Head of Hong Kong Market Head of Strategic Planning, Brand & Communications, Vice Chairman, Fong’s Family Foundation BNP Paribas Wealth Management BNP Paribas Wealth Management

Mr. David Fong is the Managing Director of Hip Shing A third generation member of his family’s enterprise Mr. Andy Chai joined BNP Paribas Wealth Management Ms. Helene Li is Head of Strategic Planning, Brand & Hong Group. Mr. Fong obtained a Bachelor degree Wahum Group Holdings, James Chen was a pioneer in December 2011 as Managing Director, Head of Hong Communications, Asia Pacific and a member of the in Economics from the University of Simon Fraser in in Asia, establishing his family office, Legacy Advisors Kong Market. His responsibilities include overseeing the Executive Management Committee of BNP Paribas Canada and a Master degree in Business Administration Ltd, and his family venture philanthropy arm, the Chen anchor market of BNP Paribas Wealth Management Asia, Wealth Management, based in Hong Kong. by the University of Hong Kong and is also a City Yet-Sen Family Foundation (www.cysff.org) , which has and leading the team to drive business growth in Hong University of Hong Kong Honorary Fellow. Mr. Fong is supported 170+ education initiatives in Mainland China, Kong. Helene has extensive knowledge and experience currently a National Committee Member of the CPPCC, Hong Kong and West Africa. in management consulting and communications. a Member of the 11th Guangdong Provincial Committee Andy brings with him extensive experience in the fields of Throughout her career, Helene had held various senior of Chinese People’s Political Consultative Conference, James and his wife, Su Hwei Lee, founded Bring Me wealth management, private equity, corporate finance and management positions in business strategy, marketing a Member of the Standing Committee of All-China a Book Hong Kong (www.bringmeabook.org.hk), an consulting. and branding, and had led regional teams at global Federation of Industry and Commerce, an Honorary NGO promoting childhood literacy, and the Feng ZiKai consulting giant, Towers Watson, to serve a range of Trustee of Peking University and a member of the Board Children’s Picture Book Award, which promotes original Prior to joining BNP Paribas Wealth Management, Andy financial services clients. of Trustee of Jinan University. Chinese language children’s picture books. worked for various financial institutions including HSBC, China International Capital Corporation, Credit Suisse Prior to joining BNP Paribas, Helene held similar roles Mr. Fong is also the Vice Chairman of Hong Kong Further afield, James cofounded the variable power lens and Merrill Lynch. for JP Morgan Chase Private Bank and Swiss wealth Chinese General Chamber of Commerce, Chairman technology company Adlens (www.adlens.com), and is management firm Lombard Odier. In both capacities, of Hong Kong Strategy, Chairman of the Board of a Trustee for Vision for a Nation (visionforanation.net): Andy obtained his Bachelor of Commerce degree from she was instrumental in setting up and partnering with Trustees of Lord Wilson Heritage Trust, a Member an innovative programme to provide universal access to University of British Columbia, Bachelor and Master the market leads to drive and deliver solid business of Advisory Committee on Revitalization of Historic eyeglasses, starting in Rwanda. James is a long-standing of Arts in Law degrees from University of Cambridge, propositions. Buildings, a Director of Hong Kong Real Estates member of the Outward Bound Trust of Hong Kong, Trinity College, and Postgraduate Diploma in Legal Developers Association, a Director of Friends of Hong former Chairman of the China Exploration and Research Practice from College of Law London. Andy is a qualified A frequent speaker at Family Office forums, Helene Kong Association, a Director of Hong Kong Science Society, and a past president of the Young Entrepreneurs’ solicitor of the and the Hong Kong SAR. graduated from the University of Hong Kong with a First and Technology Parks Corporation, a Member of Social Organization HK. Class Honors degree in English and Economics. Welfare Advisory Committee, a Court Member of The City University of Hong Kong and a Council Member of More recently, James has invested in Delta Health, a Hong Kong Committee for UNICEF. cardiovascular specialty hospital set to revolutionise patient care in China, and ammado, a global online donation and fundraising platform (www.ammado.com).

Breakout Session Moderators

Christina Lee Robert Petty Charles Martin, CFA Head of Individual Philanthropy Asia Managing Director and Co-Founder Portfolio Specialist, APAC BNP Paribas Wealth Management Asia Pacific Clearwater Capital Partners BNY Mellon Investment Management

Ms. Christina Lee is Head of Individual Philanthropy Robert Petty is a Managing Partner and Co-Founder Charles Martin joined Insight Investment (a subsidiary Asia of BNP Paribas Wealth Management. of Clearwater Capital Partners and is a member of the of BNY Mellon) in May 2012 as a Business Development Firm’s Investment and Management Committees. Since Director. He is responsible for reporting to clients on Based in Hong Kong, Christina leads the development founding the Firm in 2001, Mr. Petty and his partner investment strategy and performance. Charles relocated of BNP Paribas Wealth Management’s Philanthropy Amit Gupta have utilized their backgrounds in credit- to Hong Kong in August 2014 as a portfolio specialist offering for Asia for the high net worth key clients. oriented investment strategies and invested profitably in order to provide support to clients in the Asia Pacific Christina has a solid background in Philanthropy. Prior across cycles, sectors and geographies building an region. Prior to joining Insight Investment, he spent to joining BNP Paribas, she was the Senior Director and Asia-focused business that today is one of the largest 10 years at BNP Paribas in Strategic Sales Management Head of Philanthropy Services for HSBC and responsible credit investing firms in the region. Over his nearly and Development. for setting up and running of the Philanthropy Services 30-year career, Mr. Petty has focused on investing in Team since joining the Bank. Under Christina’s Asia-dedicated special situations and credit investments, Charles holds a BBusSc Honours degree in Marketing & leadership, Philanthropy Service had developed into one including turnarounds, restructurings, stressed Finance from the University of Cape Town, South Africa of the key offerings to top tier high net worth families. credits and distressed-for-control transactions. and is a CFA charter holder. Mr. Petty’s principal responsibilities encompass portfolio Christina obtained her Master of Business management, origination and overall management of the Administration from Imperial College London, Business Firm. Prior to founding Clearwater, Mr. Petty held senior School, United Kingdom in 2001. positions at Amroc Investments LLC, Peregrine Fixed Income Ltd. and was with Lehman Brothers Holdings, Inc. for thirteen years.

Mr. Petty sits on the Board of four Clearwater portfolio companies and also serves on the Boards of two non- profit organizations, The Emerging Markets Private Equity Association (EMPEA) and EngenderHealth. Mr. Petty holds a Bachelor of Arts degree in Political Science from Brown University and is based in Hong Kong. Notes Notes www.asianprivatebanker.com