KMF2014
Scaling the Efficiency Frontier: Institutions, Innovation, Inclusion
29 & 30 September 2014
Concept Paper
At a basic level, the productive capacity of an economy is capped by the amount of inputs available for utilisation, in terms of capital and labour, as well as the technological capability of society at a given point in time. Coordinating and efficiently applying inputs and technology leads to an economy achieving its maximum potential level of production. This is represented by the Production Possibility Frontier (PPF), which in essence depicts the productive efficiency frontier of an economy. However, this is a static point-in time observation. In the real world, economies are dynamic; entrepreneurs create new products and better coordinate inputs, leading to a continuum of technological and process innovation which pushes out the boundaries of an economy’s efficiency frontier.
Concept Paper Programme
8:00am
Registration
9:00am
Welcome Remarks and Introduction to KMF 2014
Tan Sri Dato’ Seri Utama Nor Mohamed Yakcop
Chairman, Khazanah Nasional Berhad and Chairman, Khazanah Research Institute
Dato’ Charon Wardini Mokhzani
Executive Director, Managing Director's Office, Khazanah Nasional Berhad; Managing Director, Khazanah Research Institute
Tan Sri Dato’ Seri Utama Nor Mohamed Yakcop
Chairman, Khazanah Nasional Berhad and Chairman, Khazanah Research Institute
Dato’ Charon Wardini Mokhzani
Executive Director, Managing Director's Office, Khazanah Nasional Berhad; Managing Director, Khazanah Research Institute
9:20am
Opening Address
HRH Sultan Nazrin Muizzuddin Shah Ibni Almarhum Sultan Azlan Muhibbuddin Shah Al-Maghfur-Lah
Sultan of Perak Darul Ridzuan
HRH Sultan Nazrin Muizzuddin Shah Ibni Almarhum Sultan Azlan Muhibbuddin Shah Al-Maghfur-Lah
Sultan of Perak Darul Ridzuan
Doodle Summary 9:45am
Book Launch:
'Khazanah Global Lectures 2008-2012'
10:00am
Special Address: 'Scaling the Efficiency Frontier: Institutions, Innovation, Inclusion'
Dr Ha-Joon Chang
Reader, Faculty of Economics, University of Cambridge
Introducer:
Tan Sri Dato’ Azman Hj Mokhtar
Managing Director, Khazanah Nasional Berhad
Dr Ha-Joon Chang
Reader, Faculty of Economics, University of Cambridge
Ha-Joon Chang teaches economics at SOAS University of London. In addition to numerous journal articles and book chapters, he has published 16 authored books (five co-authored) and 11 edited books. His main books include The Political Economy of Industrial Policy, Kicking Away the Ladder, Bad Samaritans, 23 Things They Don’t Tell You About Capitalism, and Economics: The User’s Guide. His new book, Edible Economics – A Hungry Economist Explains the World is to be published in October 2022. His writings have been translated and published in 44 languages and 46 countries. Worldwide, his books have sold over 2 million copies. He is the winner of the 2003 Gunnar Myrdal Prize and the 2005 Wassily Leontief Prize.
Tan Sri Dato’ Azman Hj Mokhtar
Managing Director, Khazanah Nasional Berhad
Doodle Summary 11:00am
Break
11:15am
Session 1 - Macro and Markets: 'Somewhere over the rainbow - in search of alpha over the frontier'
Claire Barnes
Founder and Investment Director, Apollo Investment Management
David Marsh CBE
Managing Director and Co-Founder, Official Monetary and Financial Institutions Forum (OMFIF)
Datuk Ganen Sarvananthan
Partner and Managing Director, TPG
Dr Simon Ogus
Founder and CEO, DSGAsia Limited
Chairperson:
Mohamed Ridzuan Mohamed
Director, Khazanah Research & Investment Strategy, Khazanah Nasional Berhad
Claire Barnes
Founder and Investment Director, Apollo Investment Management
David Marsh CBE
Managing Director and Co-Founder, Official Monetary and Financial Institutions Forum (OMFIF)
Datuk Ganen Sarvananthan
Partner and Managing Director, TPG
Dr Simon Ogus
Founder and CEO, DSGAsia Limited
Mohamed Ridzuan Mohamed
Director, Khazanah Research & Investment Strategy, Khazanah Nasional Berhad
Ridzuan Mohamed is a Director in the Research division of Khazanah. He has more than ten years industry experience as a sell-side equities analyst, having covered the Malaysian utilities, transportation and telecommunications sectors for a number of investment banks including UBS and Merrill Lynch. Since joining Khazanah in 2009, his research responsibilities have spanned the breadth of the organization, from GLC Transformation to Macro Strategy and Portfolio/ Business Strategy, and currently Public Markets.
Ridzuan is a Chartered Financial Analyst, and an economics graduate of the London School of Economics and Political Science.
Doodle Summary 12:45pm
Luncheon Address: 'Innovation, Inclusion and Institutions - The Human Frontier'
Tan Sri Andrew Sheng
Board Member, Khazanah Nasional Berhad; Chief Adviser, China Banking Regulatory Commission
Introducer:
Ahmad Zulqarnain Onn
Executive Director, Investments, Khazanah Nasional Berhad
Tan Sri Andrew Sheng
Board Member, Khazanah Nasional Berhad; Chief Adviser, China Banking Regulatory Commission
Ahmad Zulqarnain Onn
Executive Director, Investments, Khazanah Nasional Berhad
Ahmad Zulqarnain Onn is Chief Executive Officer of the Employees Provident Fund (EPF), the largest Malaysian retirement fund. He was previously Group Chief Executive of Permodalan Nasional Berhad (PNB), the largest asset management company in Malaysia. Prior to PNB, he was Deputy Managing Director of Khazanah Nasional Berhad, Malaysia’s sovereign wealth fund, where he held various positions including Head of Strategy, Head of the Strategic Fund, and Head of the Financial Institutions Group. Zulqarnain was the founding Chief Executive Officer of a financial guarantee insurer which provided credit enhancement and structuring for large infrastructure projects.
He has had various roles in institutions leading debt restructuring and resolutions in the aftermath of the Asian financial crisis and at investment banks. He holds a bachelor’s degree in economics from Harvard University.
Doodle Summary 2:00pm
Break
2:30pm
Session 2 - Firms and Transformation: 'Solving the 'impossible trinity' of creating value through institutions, innovation and inclusion'
Cheryl Yeoh
Founding CEO, Malaysian Global Innovation & Creativity Centre (MaGIC)
David Frigstad
Chairman, Frost & Sullivan
William E. Heinecke
Founder, CEO and Chairman, The Minor Group
Tan Sri Dato' Sri Zamzamzairani Mohd Isa
Managing Director/Group CEO, Telekom Malaysia Berhad
Chairperson:
Hisham Hamdan
Executive Director, Investments; Head, Khazanah Research & Investment Strategy, Khazanah Nasional Berhad
Cheryl Yeoh
Founding CEO, Malaysian Global Innovation & Creativity Centre (MaGIC)
David Frigstad
Chairman, Frost & Sullivan
William E. Heinecke
Founder, CEO and Chairman, The Minor Group
Tan Sri Dato' Sri Zamzamzairani Mohd Isa
Managing Director/Group CEO, Telekom Malaysia Berhad
Hisham Hamdan
Executive Director, Investments; Head, Khazanah Research & Investment Strategy, Khazanah Nasional Berhad
Hisham Hamdan joined Khazanah in April 2011 from Sime Darby Berhad, where he served in various senior capacities, covering strategy and business development, healthcare, energy & utilities, and China. He holds two degrees in Chemical Engineering and Industrial management from Purdue University, United States. He has also attended the Harvard Business School’s Advanced Management Programme.
Doodle Summary 4:00pm
Break
4:15pm
Special Session: 'In Pursuit of Happiness - Ethics in an Age of Efficiency'
Main presentation by:
Imam Feisal Abdul Rauf
Founder and Chairman Cordoba Initiative
Commentary by:
Caroline Russell
CEO, BOH Plantations Sdn Bhd
Datuk Dr Hasan Mad
Secretary-General, Malay Consultative Council (MPM)
Stephen Young
Global Executive Director, Caux Round Table
Chairperson:
Dr Nungsari Ahmad Radhi
Managing Director, Prokhas Sdn Bhd
Imam Feisal Abdul Rauf
Founder and Chairman Cordoba Initiative
Caroline Russell
CEO, BOH Plantations Sdn Bhd
Datuk Dr Hasan Mad
Secretary-General, Malay Consultative Council (MPM)
Stephen Young
Global Executive Director, Caux Round Table
Dr Nungsari Ahmad Radhi
Managing Director, Prokhas Sdn Bhd
Dr Nungsari, 63, is currently a Trustee of Yayasan Rahimah Yusof and a member of the Board of Directors of Bank Negara Malaysia. He was formerly the Executive Chairman of the Malaysian Aviation Commission and Chairman of Khazanah Research Institute Board of Trustees. He was also an Executive Director at Khazanah Nasional Berhad and the Principal Officer at Danainfra Nasional Berhad, Pengurusan Danaharta Nasional Berhad and Syarikat Jaminan Pinjaman Perniagaan as well as the Managing Director at Prokhas Sdn Bhd.
Dr Nungsari holds a PhD in economics from Purdue University.
Doodle Summary 5:30pm
End of Day One
7:00pm
Special Event: 'Malam Terang Bulan' - Registration & Cocktail Reception
8:00pm
Door Opens
8:15pm
Event Starts
10:30pm
Event Ends
9:00am
Session 3 - Growth and Development: 'Scaling the efficiency frontier - how do we go fast and far together?'
Chandran Nair
Founder and CEO, Global Institute For Tomorrow (GIFT)
Gita Wirjawan
Chairman, Ancora Group; and former Minister of Trade, Republic of Indonesia
Dr Muhammed Abdul Khalid
Director of Research, Khazanah Research Institute
Shankkar Aiyar
Journalist-Analyst-Author
Chairperson:
Datuk Dr Hamzah Kassim
Co-Founder and Group Managing Director, The IA Group; Former Member, National Economic Advisory Council (NEAC)
Chandran Nair
Founder and CEO, Global Institute For Tomorrow (GIFT)
Gita Wirjawan
Chairman, Ancora Group; and former Minister of Trade, Republic of Indonesia
Dr Muhammed Abdul Khalid
Director of Research, Khazanah Research Institute
Shankkar Aiyar
Journalist-Analyst-Author
Datuk Dr Hamzah Kassim
Co-Founder and Group Managing Director, The IA Group; Former Member, National Economic Advisory Council (NEAC)
Doodle Summary 10:30am
Special Session: 'Building the Nation on the Shoulders of Strong Institutions'
Aamir A. Rehman
Managing Director, Fajr Capital Advisors
Tan Sri Dr Madinah Mohamad
Secretary General, Ministry of Education Malaysia
Dato' Saifuddin Abdullah
CEO, Global Movement of Moderates
Scott Kalb
Chairman, Sovereign Investor Institute, Institutional Investor
Chairperson:
Jiv Sammanthan
Executive Director and Head of Managing Director's Office, Khazanah Nasional Berhad
Aamir A. Rehman
Managing Director, Fajr Capital Advisors
Tan Sri Dr Madinah Mohamad
Secretary General, Ministry of Education Malaysia
Dato' Saifuddin Abdullah
CEO, Global Movement of Moderates
Scott Kalb
Chairman, Sovereign Investor Institute, Institutional Investor
Jiv Sammanthan
Executive Director and Head of Managing Director's Office, Khazanah Nasional Berhad
11:30am
Break
11:45am
Special Session in collaboration with TEDxKL: 'Innovation Without Borders'
Prof Adrian D. Cheok
Professor of Pervasive Computing, City University London; Founder and Director, Mixed Reality Lab
Anthony Tan
Founder and Group CEO, GrabTaxi
Prof Hiroshi Ishiguro
Professor of Department of Systems Innovation, Graduate School of Engineering Science, Osaka University
Sumant Mandal
Co-Founder and Managing Director, March Capital Partners
Introducer:
Tengku Dato’ Sri Azmil Zahruddin
Deputy Managing Director and Head of Investments, Khazanah Nasional Berhad
Prof Adrian D. Cheok
Professor of Pervasive Computing, City University London; Founder and Director, Mixed Reality Lab
Anthony Tan
Founder and Group CEO, GrabTaxi
Prof Hiroshi Ishiguro
Professor of Department of Systems Innovation, Graduate School of Engineering Science, Osaka University
Sumant Mandal
Co-Founder and Managing Director, March Capital Partners
Tengku Dato’ Sri Azmil Zahruddin
Deputy Managing Director and Head of Investments, Khazanah Nasional Berhad
Doodle Summary 1:00pm
Luncheon Address: 'Growth and Risks in Uncertain Times'
Gerard Kleisterlee
Chairman, Vodafone Group PLC
Introducer:
Zaida Khalida Shaari
Executive Director, Investments, Khazanah Nasional Berhad
Gerard Kleisterlee
Chairman, Vodafone Group PLC
Zaida Khalida Shaari
Executive Director, Investments, Khazanah Nasional Berhad
Doodle Summary 2:15pm
Break
2:45pm
Session 4 - Leadership and People: 'Scaling our fears and scaling our hopes - the importance of being courageous'
Afzal Abdul Rahim
CEO, Time dotCom Berhad
Dzameer Dzulkifli
Co-Founder and Managing Director, Teach for Malaysia
Frank Gardner OBE
Journalist and Security Correspondent, BBC
Tan Sri Dr Jemilah Mahmood
Professor and Executive Director, Sunway Centre for Planetary Health, Sunway University
Chairperson:
Dato’ Charon Wardini Mokhzani
Executive Director, Managing Director's Office, Khazanah Nasional Berhad; Managing Director, Khazanah Research Institute
Afzal Abdul Rahim
CEO, Time dotCom Berhad
Dzameer Dzulkifli
Co-Founder and Managing Director, Teach for Malaysia
Frank Gardner OBE
Journalist and Security Correspondent, BBC
Tan Sri Dr Jemilah Mahmood
Professor and Executive Director, Sunway Centre for Planetary Health, Sunway University
Dr Jemilah Mahmood is a medical professional with more than two decades of experience managing crises in health, disasters and conflict settings. She is currently Professor and Executive Director of the Sunway Centre for Planetary Health at Sunway University in Malaysia. She holds advisory roles at the Consultative Council for Foreign Policy Malaysia and is currently a member of the Health White Paper Advisory Council at the Ministry of Health Malaysia. She is also the sustainability advisor at Air Asia and the national advisor of the Malaysian Red Crescent Society. Globally, she is a member of the board of Roche in Switzerland and the Norwegian Refugee Council. In 2023, she was appointed to the World Economic Forum’s Global Future Council of Responsible Resource Use, and one of three Global Champions for the Grand Bargain in Humanitarian Efficiency and Effectiveness. She is a strong advocate of planetary health and sustainability and actively advises on Environment, Social and Governance in the advisory and board roles she holds.
Dato’ Charon Wardini Mokhzani
Executive Director, Managing Director's Office, Khazanah Nasional Berhad; Managing Director, Khazanah Research Institute
Doodle Summary 4:15pm
Break
4:30pm
Closing Address
YB Senator Dato’ Sri Abdul Wahid Omar
Minister in the Prime Minister's Department Malaysia
YB Senator Dato’ Sri Abdul Wahid Omar
Minister in the Prime Minister's Department Malaysia
Doodle Summary 4:45pm
Special Tribute: 'Finding Hope in Tragedy'
Dato' Dr Ahmad Faizal Mohd Perdaus
President, MERCY Malaysia
Tan Sri Dr Jemilah Mahmood
Professor and Executive Director, Sunway Centre for Planetary Health
Dato' Dr Musa Mohd Nordin
Chairman, Viva Palestina Malaysia
Dr Nigel Osborne MBE
Composer
Hosted by:
Imran Ahmad
Director, Khazanah Research & Investment Strategy, Khazanah Nasional Berhad
Shahira Ahmed Bazari
Director, Managing Director's Office, Khazanah Nasional Berhad
Dato' Dr Ahmad Faizal Mohd Perdaus
President, MERCY Malaysia
Tan Sri Dr Jemilah Mahmood
Professor and Executive Director, Sunway Centre for Planetary Health
Dr Jemilah Mahmood is a medical professional with more than two decades of experience managing crises in health, disasters and conflict settings. She is currently Professor and Executive Director of the Sunway Centre for Planetary Health at Sunway University in Malaysia. She holds advisory roles at the Consultative Council for Foreign Policy Malaysia and is currently a member of the Health White Paper Advisory Council at the Ministry of Health Malaysia. She is also the sustainability advisor at Air Asia and the national advisor of the Malaysian Red Crescent Society. Globally, she is a member of the board of Roche in Switzerland and the Norwegian Refugee Council. In 2023, she was appointed to the World Economic Forum’s Global Future Council of Responsible Resource Use, and one of three Global Champions for the Grand Bargain in Humanitarian Efficiency and Effectiveness. She is a strong advocate of planetary health and sustainability and actively advises on Environment, Social and Governance in the advisory and board roles she holds.
Dato' Dr Musa Mohd Nordin
Chairman, Viva Palestina Malaysia
Dr Nigel Osborne MBE
Composer
Imran Ahmad
Director, Khazanah Research & Investment Strategy, Khazanah Nasional Berhad
Imran Ahmad joined Khazanah in 2011, and has been involved in Knowledge Management activities, KMF, KGL, other events, publication of books, creative projects and international relationship management. Prior to Khazanah, he spent nine years at General Electric. His career in management consulting and programme management has taken him all over the world and has included: Unilever, Honeywell, Oracle, KPMG, Deloitte, Ernst & Young. He is also a nearly famous writer (www.unimagined.co.uk).
Shahira Ahmed Bazari
Director, Managing Director's Office, Khazanah Nasional Berhad
Doodle Summary Photo Gallery
