Hong Kong Academy of Finance (AoF)’s Post

We are honored to have received the Director of the Year Award for the sixth time and the inaugural Climate Governance Award from the The Hong Kong Institute of Directors (HKIoD). Ping An has long pursued a balanced and professional board structure. As a source of strategic leadership, our #Board has 15 directors with expertise in insurance, banking, investment, accounting, law, management, and technology. Among them six are independent non-executive directors, making up 40% of the Board, a percentage above the industry average. Staying close to the business is crucial and since our listing the Board has been conducting on-site inspections and reviews at the grassroot level to gather feedback from frontline employees and promote continuous operational improvement. To optimise board performance, there were 26 training sessions organised in 2023 covering #corporategovernance, environmental and climate impact, and sustainable development. Ping An's Board of Directors oversees environmental, social and corporate governance (ESG) matters of the Group. An efficient and collaborative long-term ESG governance mechanism is in place to address the risks and opportunities of #climatechange. The HKIoD is Hong Kong’s leading industry organization representing professional directors. The HKIoD awards were co-organized by The Financial Services and the Treasury Bureau, the Securities and Futures Commission, and Hong Kong Exchanges and Clearing Limited (HKEX). 🔗Read the press release: https://bit.ly/3OUzuqN 🔗Learn more about our corporate governance: https://bit.ly/3Bfgu37

Meet the 2024 cohort of AoF’s #FinancialLeadersProgramme Sharing by HAOHAO XU from Tencent Ms. Xu Haohao serves as the Head of Tencent International Financial Public Affairs and the Deputy Head of Tencent Financial Research Institute. In her capacity, she leads the group’s international financial regulatory engagements and develops strategic initiatives for licensed entities in the international financial technology (fintech) sector. As a representative of Tencent's fintech services, Ms. Xu and her team work closely with international financial regulatory bodies to navigate complex regulatory landscapes. Her deep understanding of Tencent's global fintech operations allows her to provide valuable insights that shape strategic direction and facilitate resource planning for the comprehensive development of Tencent's international financial business, including overseeing international financial licensing applications. In the digital age, information has emerged as a vital form of energy. The Hong Kong Academy of Finance (AoF) and its Financial Leaders Programme (FLP) provide an exceptional platform for facilitating the sharing of information and experiences among participants, thereby energizing participants for their ongoing development. The AoF has made remarkable strides in enhancing financial expertise within the region. It is distinguished by its unwavering commitment to excellence in financial leadership development, offering a curriculum that is both comprehensive and aligned with current market trends. The FLP is particularly noteworthy for its emphasis on cultivating the next generation of financial leaders through a combination of theoretical knowledge and practical insights. Participants gain invaluable experiences by engaging with industry experts, which not only enriches their learning journey but also enables them to establish important professional networks. Collectively, AoF and FLP represent a progressive approach to education in finance, equipping cohorts with the essential skills and connections needed to succeed in a competitive environment. More about Haohao: https://lnkd.in/d6vpy8GW #AoF #AoFFLP #2024FLPcohort #LeadershipDevelopment #FinancialTalents #Finance #Leader

As shareholders and other stakeholders are demanding more accountability, the quality and detail of corporate disclosure has shifted beyond regulatory requirements. Join Governance Professionals of Canada (GPC)’s upcoming FREE session on December 10th for an online discussion where we’ll explore how The Globe and Mail’s Board Games rankings, proxy advisory voting guidelines, and institutional investors' expectations can help to improve your Management Information Circulars (MICs). Key Takeaways: -Elevate MIC quality to meet governance benchmarks -Understand shareholder expectations and proxy advisory insights -Strengthen your company’s governance framework Speaker: Tony Spizzirri, Partner, Global Governance Advisors 1 Governance Education Credit (GEC) available Register now to secure your spot in this valuable, FREE session! https://lnkd.in/gybB75aP #Governance #CorporateGovernance #ShareholderExpectations #MIC #BoardGames #ProxyAdvisory #GovernancePractices #Leadership #GPC #FreeSession #ProfessionalDevelopment

The Global Good Governance Awards act as a beacon, emphasising the crucial connection between economic advancement and efficient governance. They highlight exemplary instances and narratives of effective governance that contribute to future prosperity. These awards represent more than just recognition; they signify a shared recognition of the interdependence between economic growth and excellence in governance. By celebrating stories of good governance, these awards not only honour achievements but also inspire others to emulate and innovate, fostering a culture where governance practices are continually refined and optimised. Submit your nominations today: https://lnkd.in/dySMeZ7F Cambridge IFA Securities and Exchange Commission, Philippines Humayon Dar Khuram Shehzad Muhammad Atif Shafiq  #3GAwards #3GSummit #3GReport #GoodGovernance #Transparency #Socialresponsibility #GlobalSummit #Manila #Philippines #accountability #accountabilitymatters #sustainability #sustainabledevelopment #sustainabledevelopmentgoals #governance #sdgs

Minister of State for Trade Promotion, Digital and Company Regulation Dara Calleary TD, has launched Enterprise Ireland’s new client advisory panels, which will bring together entrepreneurs and senior business leaders to advise on Enterprise Ireland's strategy and support for Irish enterprise. The advisory panels will cover four key themes – Scaling, Entrepreneurship, Sustainability & ESG and Local Enterprise and will aim to examine practical responses to the challenges and opportunities faced by Irish businesses within a rapidly evolving global trading environment. Find out more: https://rebrand.ly/C-A-G

🔐 Corporate Governance: A Strategic Factor to Enhance Competitiveness and Attract International Investment 🔐 Speaking at the 7th Annual Forum on Corporate Governance (AF7), Ms. Kasturi Nathan - Partner, Strategic, Risk & Transaction at Deloitte Southeast Asia, emphasized that Corporate Governance (CG) is a strategic advantage for attracting international investment, especially amidst geopolitical tensions, economic instability, and volatile markets. CG directly influences how investors assess risks while also mitigating subjective risk perceptions and unlocking access to preferential financing. Conversely, weak governance increases the cost of capital and erodes investor confidence. In the context of Vietnam’s deep integration into the global economy, Ms. Kasturi Nathan highlighted that improving CG quality is not merely an option but a critical necessity for businesses to build trust and achieve higher credit ratings. She urged Vietnamese businesses to focus not only on business performance but also on fostering a governance environment that is transparent, accountable, and aligned with the rising expectations of the global investment community. #AF7 #VIOD #CorporateGovernance #KasturiNathan #Sustainability #InternationalInvestment

We recently had the pleasure of hosting a senior leadership roundtable for leading insurers in Hong Kong. The event, hosted by Mark Erickson, Global Head of BlackRock’s Financial Group, offered a unique platform to hear what’s top of mind for insurers in Asia. Key takeaways from the session: 💼 Private Markets Focus: Insurers are prioritizing private credit investments while enhancing risk management frameworks. ✅ ETFs for Flexibility: ETFs remain a cornerstone for tactical allocations and transitions, with focus on regulatory and tax considerations. 💻 Tech-Driven Strategies: Enhanced operating models via outsourcing and technology adoption are top of mind for better strategic asset allocation and asset-liability matching. 🌍 Transition Investing: Public-private partnerships and blended finance initiatives are gaining traction across Asia Pacific.

As part of our commitment to sharing our knowledge and experience with future leaders, we recently attended "Global Trends and Issues in Financial Management", a seminar at the Claro M. Recto Hall at the Polytechnic University of the Philippines. Click on the link below to learn more! 📢 ✅

This comprehensive guide is essential for directors who aim to navigate current economic trends, pose informed questions at board meetings, and provide in-depth analysis and feedback. It underscores the need for board members to be well-informed and proactive in their roles. This handbook equips directors with the knowledge they need to understand complex economic trends and their organizational impacts. By utilizing the resources, directors can enhance their ability to engage in meaningful discussions, provide valuable feedback, and make informed decisions that drive their organizations forward. With a foreword by Mr. Atedo N.A. Peterside, CON, Former Chairman of Stanbic IBTC Bank Plc and Cardbury Nigeria Plc, this handbook is a must-have resource as It covers every aspect of board governance, from individual director roles to detailed annotations on the 2018 Nigerian Code of Corporate Governance. This edition also includes comparisons with other sector codes, ensuring readers have the most relevant and up-to-date information. Elevate your board’s performance with insights and strategies from the Director’s Handbook on Corporate Governance (2nd Edition). Don’t miss out on these valuable resources. Purchase a copy at https://lnkd.in/dJYbYui8 #Corporategovernance #SCGN #Transparency #Accountability c#Empowerment #BoardIndependence #SCGN #Training #CorporateResponsibility #Management #BusinessConsultant #CorporateGovernanceCodes #CorporateGovernance #SCGNNigeria #BoardManagement #BoardEvaluationExercise

Catch Wavemaker Impact founding partner Marie Cheong at the upcoming FT Moral Money Summit Asia 2024 this Wednesday, September 4. 🎤 The Financial Times' Moral Money Summit focuses on Asia's transition to a sustainable future, addressing environmental, social, and governance challenges. The event will gather leaders, investors, and experts to discuss how to steer the region towards a more sustainable future. 🌿 🌍✨ Click the link to register and find out more: 🔗 https://lnkd.in/gijrYTRN #Sustainability #GreenEnergy #ESG #Asia #WavemakerImpact #FinancialTimes #MoralMoneySummit #SustainableFuture #Wavemakers