Growth with Inclusion in an Age of Paradox: Same Game, New Players

30 September & 1 October 2013

Concept Paper

The individual pursuit of value creation will, in accounting terms, result in economic growth. National accounting measures are aggregated measures which account for value creation, hence economic growth – but mask issues such as what were the sources of the value creation, and how those values are distributed. Despite attempts at defining alternative aggregate measures of economic performance, aggregate measures such as national product or national income remain the predominant measure of both economic growth and development. The paradox is that economic growth can sometimes be detrimental to development; high but inequitable or unproductive growth does not lead to a sustainable path of economic development.





Welcome Remarks and Introduction to KMF2013

YBhg Tan Sri Dato’ Azman Hj Mokhtar
Managing Director, Khazanah Nasional Berhad


Opening Address

10:00am - 10:15am


10:15am - 11:45am

Session 1: Macro and Markets

Gerald Ambrose
CEO, Aberdeen Islamic Asset Management Sdn Bhd

Kevin W. Lu
Regional Director for Asia-Pacific, Multilateral Investment Guarantee Agency (MIGA), World Bank Group, Singapore

Sharifatu Laila Syed Ali
Group CEO, ValueCAP Sdn Bhd

Dr Simon Ogus
Founder and CEO, DSGAsia Limited, Hong Kong

Chairperson: YBhg Datuk Shireen Muhiudeen
Founder, Managing Director and Principal Fund Manager, Corston-Smith Asset Management

11:45am - 12:45pm

Special Address

YBhg Datuk Ranjit Ajit Singh
Chairman, Securities Commission Malaysia

12:45pm - 2:00pm

Luncheon Address:
'Solving the Food Security Challenge:
Building a Sustainable Global Agri Business'

Sunny Verghese
Co-Founder, Group Managing Director and CEO, Olam International Limited, Singapore

Introducer: Hisham Hamdan
Executive Director, Investments, Khazanah Nasional Berhad

2:00pm - 2:30pm


2:30pm - 4:00pm

Session 2: Firms and Transformation

YBhg Dato' Sri Jamaludin Ibrahim
Managing Director, President and Group CEO, Axiata Group Berhad

Javier Santiso
Global Affairs and New Ventures Managing Director, Telefónica SA, Spain

Mahmoud Mohieldin
Special Envoy for the President of the World Bank, USA

YBhg Datuk Shahril Ridza Ridzuan
CEO, Employees Provident Fund (EPF)

Chairperson: Shahazwan Harris
Executive Director, Investments, Khazanah Nasional Berhad

4:00pm - 4:15pm


4:15pm - 5:45pm

Special Session:
Ethics - The Philosophic Approaches To Agreeing
To Disagree

Dr Gopa Sabharwal
Vice-Chancellor, Nalanda University, India

YBhg Datuk John Zinkin
Managing Director, Zinkin Ettinger Sdn Bhd

YBhg Tan Sri Prof Dr Mohd Kamal Hassan
Distinguished Professor, International Institute of Islamic Thought and Civilization (ISTAC), International Islamic University Malaysia

Dr Sin Yee Chan
Associate Professor, Department of Philosophy, The University of Vermont, USA

Chairperson: YBhg Prof Tan Sri Dato' Dzulkifli Abdul Razak
Vice-Chancellor, Albukhary International University, Malaysia


End of Day One


Cocktail Reception / Arrival of Guests


Special Event: Finding Harmony In Paradox

Huzir Sulaiman
Playwright and Director

Nani Kahar

YBhg Dato' Dr Ng Kah-Ming

Abdul Latiff Mohidin
Artist and Poet

Curated by: YBhg Datin Saidah Rastam
Composer; Senior Fellow, Khazanah Nasional Berhad 2013/2014

9:00am - 10:00am

Special Address:
'The Tipping Point: How SWF are Changing the Rules of the Game'

Scott E. Kalb
CEO and Founder, KLTI Advisors; Executive Director, Sovereign Investor Institute, USA

Introducer: Ahmad Farouk Mohamed
Executive Director, Managing Director's Office, Khazanah Nasional Berhad

10:00am - 10:15am


10:15am - 11:45am

Session 3: Growth and Development

YBhg Datuk Dr Hamzah Kassim
Co-Founder and Group Managing Director, The IA Group

YB Encik Khairy Jamaluddin
Minister of Youth and Sports, Malaysia

Manu Bhaskaran
Partner, Centennial Group; Founding CEO, Centennial Asia Advisors, Singapore

Dr William H. Overholt
Senior Fellow, Fung Global Institute, Hong Kong; Senior Fellow, Harvard’s Asia Center and Senior Research Fellow, Harvard’s Kennedy School of Government, USA

Chairperson: Dr Nungsari Ahmad Radhi
Managing Director, Prokhas Sdn Bhd

11:45am - 12:45pm

Special Session: Women In Society And Business - Progress, Stagnation Or Regression?

YBhg Dato' Hazimah Zainuddin
Founder and Managing Director, Hyrax Oil Sdn Bhd

YBhg Datin Paduka Mother Mangalam
Co-Founder and President, Pure Life Society

Nadya Fadila Saib
Co-Founder and CEO, Wangsa Jelita, Indonesia

YBhg Datuk Yvonne Chia
Former Group Managing Director and CEO, Hong Leong Bank Berhad

Chairperson: Imran Ahmad
Director, Khazanah Research and Investment Strategy, Khazanah Nasional Berhad

12:45pm - 2:00pm

Luncheon Address:
'Starry Heavens Above and the Moral Law Within':
Morality and Finance

Prof Dr Abbas Mirakhor
First Holder, INCEIF Chair of Islamic Finance

Introducer: Daud Vicary Abdullah
President and CEO, INCEIF

2:00pm - 2:15pm


2:15pm - 3:15pm

Special Address:
'Malaysia@50: Challenges Past and Future'

Dr Jomo Kwame Sundaram
Assistant Director-General, Economic and Social Development Department,United Nations Food and Agriculture Organization (FAO), Italy

Introducer: Prof Rajah Rasiah
Acting Dean, Faculty of Economics and Administration, University of Malaya; Senior Fellow, Khazanah Nasional Berhad 2007-2008

3:15pm - 4:45pm

Session 4: Leadership and People

YB Dato' Seri Idris Jusoh
Minister of Education II

YBhg Tan Sri Dato' Seri Dr Jeffrey Cheah
Founder and Executive Chairman, Sunway Group

Datuk Johan Mahmood Merican
CEO, TalentCorp Malaysia

Michael Lake
CEO, Pinewood Iskandar Malaysia Studios

Chairperson: YBhg Tan Sri Dr Jemilah Mahmood
Founder, MERCY Malaysia; Senior Fellow, Khazanah Nasional Berhad 2011-2013

4:45pm - 5:00pm

The Launch of 'Can Malaysia Achieve Innovation-Led Growth?' and 'The Street of Harmony'

5:00pm - 5:15pm

Closing Address

YBhg Tan Sri Dato’ Seri Utama Nor Mohamed Yakcop
Deputy Chairman, Khazanah Nasional Berhad

5:15pm - 5:30pm

Closing Remarks

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


End of Day Two