Apocalypse Averted? Reconfiguring the New Normal

5 & 6 October 2009

Concept Paper

Just over a year ago, the world was at the brink of an economic crisis that many deemed (then) to be worse than what the world went through during the Great De- pression in the 1930s. An iconic financial institution—the 158-year-old investment
bank, Lehman Brothers—filed for bankruptcy, a move that initiated a collapse of the finan- cial world as never seen before. Within three days of that decision in September last year, almost USD4 trillion was lost in the world’s equity markets and more banks and financial institutions failed. What started out as the sub-prime mortgage crisis in the US in 2007 turned into a global financial crisis, facilitated by the very “efficiencies” that contributed towards the unprecedented growth of the world’s financial economy in the preceding dec- ades. The massively over-leveraged financial economy effectively collapsed and threatened to carry with it, the whole real economy.





Welcome and Introduction to KMF2009

YBhg. Tan Sri Md. Nor Yusof
Board Member, Khazanah Nasional Berhad


Keynote Address

Book Launch of “From Asian to Global Financial Crisis” by YB Tan Sri Nor Mohamed Yakcop, Minister in the Prime Minister’s Dept. and Board Member, Khazanah Nasional Berhad

YB Tan Sri Nor Mohamed Yakcop
Minister in the Prime Minister's Department & Board Member, Khazanah Nasional Berhad



10:00am - 12:00pm

Session 1: Macro and Markets

Dr Simon Ogus
CEO, DSG Asia, Hong Kong

YBhg. Dato’ Ooi Sang Kuang
Deputy Governor, Bank Negara Malaysia

Prem Manjooran
SVP, Capital International Research, USA

Stephen Taran
MD, Citigroup Global Markets Inc

Iqbal Khan
CEO, Fajr Capital Ltd.

Chairperson: YBhg. Datuk Ranjit Singh
MD, Securities Commission Malaysia

12:15pm - 1:00pm

Special Address

Dr. Yaga Venugopal Reddy
former Governor, Reserve Bank of India

Introducer : Michael Fernandes
ED, Khazanah Investments and Head, Khazanah India Advisors Office

1:00pm - 2:30pm

Luncheon Address

YBhg. Datuk Seri Panglima Andrew Sheng
Board Member, Khazanah Nasional Berhad and Member, National Economic Advisory Council (NEAC)

Introducer: YBhg. Dato’ Mohammad Zainal Shaari
ED and COO, Khazanah Nasional Berhad



3:00pm - 5:00pm

Session 2: Firms and Transformation [Talk Show Format]

YB Senator Dato’ Sri Idris Jala
Minister in the Prime Minister’s Dept. and former CEO, Malaysia Airlines

YBhg. Dato’ Sri Jamaludin Ibrahim
CEO, Axiata Group Berhad

Daniel R Fung
SBS, SC, QC, JP, Former Solicitor—General of Hong Kong

Yvonne Chia
Group MD, Hong Leong Bank Berhad

Dr. Bernd Waltermann
Senior Partner and MD, The Boston Consulting Group

Moderator: Amir Mahmood Razak
Head of Corporate Communications, Sime Darby Plantation Sdn Bhd

9:00am - 11:00am

Session 3: Competitiveness and Development

YBhg. Datuk Seri Panglima Andrew Sheng
Board Member, Khazanah Nasional Berhad and Member, NEAC

Dr Danny Quah
Co-Director of LSE Global Governance and Member, NEAC

Martin Jacques
Author of “When China Rules The World” and Columnist, The Guardian

Heru Prasetyo
former Director for Donor and International Relations, the Reconstruction and Rehabilitation Agency for Aceh and Nias (BRR) and Founder, Indonesia Business Link

Atul Bhargava
MD, Intel Malaysia

Chairperson: Dr Nungsari Ahmad Radhi
ED, Khazanah Research and Investment Strategy



11:30am - 12:30pm

Special Address

Dr. Abbas Mirakhor
former ED, International Monetary Fund (IMF) and the Securities Commission—Universiti Malaya Visiting Scholar in Islamic Finance

Introducer: Mohd Nadziruddin Mohd Basri
ED and CFO, Khazanah Nasional Berhad

12:30pm - 2:00pm

Luncheon Address

Dominic Barton
Worldwide MD, McKinsey & Co.

Shahnaz Al-Sadat
ED, Khazanah Strategic Human Capital Management

2:30pm - 4:30pm

Session 4: Leadership and Society [Talk Show Format]

Ravin Jesuthasan
Managing Principal, Towers Perrin

YBhg. Dato’ Sri Nazir Razak
Group Chief Executive, CIMB Group

Juan Villalonga Navarro
former Chairman, Telefonica and Board Member, Axiata Group Berhad

Awadh Al Ketbi
CEO, the Mohammad Bin Rashid Center for Leadership Development, Dubai

Dr. Martin Gargiulo
Associate Dean of Executive Education, INSEAD Asia Campus

Moderator: Rinalia Abdul Rahim
MD, Compass Rose Sdn Bhd



5:00pm - 6:00pm

Forum Summary and Dialogue

Tan Sri Dato’ Azman Mokhtar
MD, Khazanah Nasional Berhad

Moderator: Dr. Nungsari Ahmad Radhi
ED, Khazanah Research and Investment Strategy

Closing Address

YM Raja Tan Sri Dato’ Seri Arshad Bin Raja Tun Uda
Board Member, Khazanah Nasional Berhad

6:30pm - 10:00pm

Khazanah Hari Raya Open House
(Grand Ballroom Foyer, Shangri-La Hotel)