Saturday, 26 November 2011

16 th Malaysian Capital Market Summit

The Capital Market Masterplan 2 (CMP2) was launched by the Prime Minister on 12 April 2011. This was a momentous landmark in the growth of the Malaysian capital market and also signifies the successful execution and completion of the first Capital Market Masterplan (CMP1) in the past decade. CMP1 managed to establish a diversified Malaysian capital market with strong intermediaries operating in a well-regulated environment. With the current capital market valued at RM2 trillion, it is anticipated that under CMP2, the markets will reach RM5.8 trillion within the next 10 years.

Following that, on 24th and 25th November 2011, ASLI (Asian Strategic Leadership Institute) organized The 16th Malaysian Capital Market Summit which was held at Sheraton Imperial, Kuala Lumpur. The President of ASLI, Mr.Mirzan Mahathir presented his welcoming remarks at about 9.30 am. The Minister of Finance II, YB Dato Seri Ahmad Husni Hanazlah presented the opening keynote address.

Among topics that were presented and discussed on the first day were:

1. ‘The Global Economic and Investment Outlook: The New Normal in the Market’

Speakers were:

a. Mr P.K. Basu, Former Managing Director/ Chief Economist(Asia Ex-Japan, Daiwa Capital Market, Singapore and
b. Mr Alan Tan, Chief Economist, Affin Investment Bank Berhad

Later, the Chairman of Bursa Malaysia Berhad, YABhg. Tun Mohamed Dzaiddin presented his luncheon address entitled ‘The ASEAN Opportunity: An Exchange Perspective’

The event was continued into the afternoon with two more papers discussed.

2. ‘The Capital Market Masterplan 2 and the Corporate Governance Blueprint 2011- What’s New?- How Effective Will This Be?’

Speakers were: Mr. David Burry, Executive Director, Boustead Heavy Industries Corporation Berhad, Dato Charon Mokzani, CEO, CIMB Investment Bank Berhad, Mrs Rita Benoy Bushon, CEO, MSWG, Mr Zaki Ahmad Shariff, CEO, FA Securities Sdn. Bhd and Mr. Ahmad Shahab Din CEO, MICG

3. The last session paper was ‘How will the Economic Transformation Programme Impact on the Capital Market?’

Speakers for this topic were: Datuk Nicholas Zefferys , Former President, American Malaysia Chamber of Commerce/ Member, National Economic Advisory Council, and Dr. Nazri Khan Adam Khan, VP, Head of Retail Research, Affin Investment Bank Bhd
I was invited to speak on the platform of GLCs Leaders –Transformation of GLCs –Creation of Wealth. My specific topic was ‘ The Capital Market- The importance of Corporate Governance.

I will write more about that in my next posting…….