Overview

Professionals tend to view project risks from the perspective of their own professions. They also tend to be more familiar with the types of risks that they often encounter in their practices and have a unique set of technical jargons and tool kits in dealing with such risks.

As a result, years of learning and experience are often required to enable cross-professional communication on risk management issues while at the same time, emerging risks (or opportunities) which do not traditionally belong to a professional domain are often overlooked.

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Objectives

In this workshop, the speakers aim to help participants develop a common framework and terminology that enables them to communicate and work together on Belt and Road projects. The following topics will be covered:

  • Risk management issues related to Belt and Road projects;
  • A common framework for integrated risk management;
  • Identification, quantification and mitigation of major risks.

Details of cases shared by Guest Speakers  

 

Facilitator and Guest Speakers 

Facilitator: Guest Speakers:   
Shaojun photo for RMW resized Han Chen resized Pat Nie Woo final vv4

Dr. Shaojun Zhang

Deputy Director 
Faculty of Business –
Belt and Road Centre, PolyU

Mr. Han Chen

Senior Vice President, Analytics
Guy Carpenter & Company, Limited,
Hong Kong

Mr. Pat-Nie Woo 

Partner, 
Business Reporting and Sustainability,
KPMG

Guest Speakers:    
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Mr. Michael Camerlengo

Partner,
Infrastructure Advisory,
KPMG

Mr. Caesar Wong 

Managing Director –
China Business Services, RSM 
Tax Advisory (Hong Kong) Limited

Mr. Zhang Xinlin

Chief Financial Officer,
China Three Gorges South Asia
Investment Limited

 

Quick Summary

Date & Time:

29 March 2019 (Fri), 6 p.m. – 9:30 p.m. and
30 March 2019 (Sat), 9 a.m. – 5:45 p.m.

Medium of Instruction:

Putonghua / English with training materials in English

Guest Speaker Sharing:

Cantonese / Putonghua / English

Venue:

Hotel ICON, Kowloon

Workshop Fee:

HK$800 (includes HK$400 workshop fee and HK$400 self-funded lunch and dinner fee)

Workshop Size:

A maximum of 50 participants

Click HERE to register the Belt and Road Cross-Professional Advancement Programme workshops

Learning Outcomes

Upon completion of the programme, participants will be able to:

  • identify the role of risk management in business projects.
  • apply a variety of tools to identify, measure and control a project’s risk exposure related to its operation and financing in a global market environment.
  • identify and evaluate emerging issues related to risk management of Belt and Road projects.

Facilitator and Guest Speakers

Facilitator:

Shaojun photo for RMW resized

Dr. Shaojun Zhang 
Associate Professor 
School of Accounting and Finance 
Deputy Director 
Faculty of Business – Belt and Road Centre, PolyU

Prior to joining PolyU, Dr. Zhang was affiliated with Nanyang Technological University. He is an Associate of the Society of Actuaries and has served on the Board of Directors of the Asian Finance Association since 2010.

Dr. Zhang has given lectures at universities in the United States, Mainland China, Singapore and Hong Kong and received the PolyU Faculty of Business’s Prize for Outstanding Performance in Teaching in 2016. His main research interest is to understand the price formation process in financial markets. His research papers have been published in leading academic journals and have received multiple best paper awards. 

Guest Speakers:

Han Chen resized

Mr. Han Chen
Senior Vice President, Analytics  
Guy Carpenter & Company, Limited, Hong Kong

Han Chen is a Senior Vice President of Guy Carpenter based in Hong Kong. He is responsible for Taiwan and Japan actuarial work, as well as cyber research for APAC region. Han is a fellow of SOA and an associate of CAS.

Han has published several papers on US actuarial magazines. He is a recipient of CAS 2012 Ronald Bornhuetter Loss Reserve Prize, and 2015 CAS Variance Best Paper Prize. Han is a frequent speaker at various conferences, including actuarial associations and US Federal Reserve.

Han holds a dual Master degree in actuarial science and risk management from Georgia State University, and a Bachelor degree in mathematics from Fudan University.

Pat Nie Woo final vv4

Mr. Pat-Nie Woo 
Partner, Business Reporting and Sustainability, KPMG

Pat is a Partner of Business Reporting and Sustainability at KPMG who oversees Corporate Social Responsibility as well as being a core member of the KPMG China Steering Committee on Climate Change & Sustainability (“CC&S”).  He is also a member of the KPMG Global CC&S network.

He has been active for over 10 years in the field of sustainable development.  In his previous capacity as a director at Central Textiles, through his leadership Central Textiles was the first textile company in Asia to issue a Sustainability Report under the Global Reporting Initiatives (“GRI”) Guidelines in 2008. The report subsequently received an award from the Association of Chartered Certified Accountants (“ACCA”).

Through his initiatives Central Textiles subsequently won the Gold Award for the Hang Seng Pearl River Delta Environmental Award in 2012 and the Hong Kong Award for Environmental Excellence (“HKAEE”) – Manufacturing Sector in 2013.  He also helped KPMG win the HKAEE Silver Award – Service and Trading Sector in 2017.

For his contribution to the textile industry with regards to sustainability, Pat received the Young Industrialist of the Year award from the Federation of Hong Kong Industries in 2009.

Qualification:

  • Member of Hong Kong Institute of Certified Public Accountants (“HKICPA”)
  • Member of Association of Certified Chartered Accountants (“ACCA”)

Roles:

  • Chair of working group on ESG policy development for HK, Financial Services Development Council
  • Member of Focus Group on Green Finance, Financial Services Development Council
  • Member of the Market Development Committee, Financial Services Development Council
  • Founding member, Hong Kong Green Finance Association  
  • Member of United Nations Economic & Social Commission for Asia Pacific (“UNESCAP”) and their Sustainable Business Network Task Force on Banking and Finance
  • Member of the Environmental and Energy Committee, British Chamber of Commerce
  • Member of Climate Change Business Forum Advisory Group, Business Environment Council

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Mr. Michael Camerlengo 
Partner, Infrastructure Advisory, KPMG

Michael is a Partner and member of the leadership team of KPMG’s Infrastructure & Government Advisory Practice based in Hong Kong. 

Originally from Melbourne, Michael’s expertise extends to providing commercial, financial and operational advice to clients in the infrastructure, construction and property sectors across Asia Pacific and the global markets.  This experience includes advising governments, investors and developers on the execution of more than 20 successfully closed projects across the sports, utilities, transport, health, social and commercial property sectors. 

As part of Michael’s work in the sector, a key strategic focus is assisting in the commercial advancement of the Asian infrastructure landscape.  This includes expediting the development and take-up of innovative and sophisticated contract and financing structures, with the objective of bringing greater volumes of investable projects to market and enhanced social and economic outcomes for governments.

Industry positions:

  • Vice Chairman, Construction Property & Infrastructure Committee, the Australian Chamber of Commerce in Hong Kong
  • Member, Belt & Road Professional Services Committee, Hong Kong Trade Development Council
  • Member, Infrastructure Working Group, ASIFMA 

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Mr. Caesar Wong  
Managing Director – China Business Services 
RSM Tax Advisory (Hong Kong) Limited

Caesar Wong is a professional accountant and certified tax advisor. He was seconded to Shanghai in 1994 and relocated to Guangzhou to witness the development of China’s free trade zones.  Caesar was with Andersen, PwC, EY and Deloitte for 24 years before joining RSM Hong Kong in June 2016.

Caesar is experienced in delivering practical solutions to China and cross-border tax and business projects.  His specialties include investment location studies, direct investment services, tax risk management, tax controversy solutions, government services, M&A, restructuring and IPO advisory services.   Caesar supports policy drafting and consultation, and is a popular speaker at policy consultation meetings, international conferences and government trainings.   

Caesar’s professional appointments include:

  • Vice President and China Tax Committee Chairman of The Taxation Institute of Hong Kong (TIHK)
  • The first China tax member of Global Forum for Taxation of ACCA headquarter
  • Committee Member of Taxation Academic Research Committee of The Chinese Tax Institute affiliated by State Administration of Taxation
  • Member of Invest Guangzhou Expert Panel appointed by Guangzhou Municipal Board for International Investment

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Mr. Zhang Xinlin
Chief Financial Officer,
China Three Gorges South Asia Investment Limited

China Three Gorges South Asia Investment Ltd.  (CSAIL) is a holding subsidiary of China Three Gorges International Corporation (CTGI). CTGI carried the mission to implement the “going out” strategy and promote the group as a world-class clean energy group.  Through green investment, equity mergers and acquisitions etc, it participates widely in overseas clean energy collaboration projects, service and practice.  The “Belt and Road” initiatives have therefore achieved fruitful results.  Working with an international financial corporation under World Bank Group and Silk Road Fund, CTGI was established with the focus on investment business in South Asia with Pakistan as its core market.  The four projects invested and developed currently are included in the “China-Pakistan Economic Corridor” construction framework.

Case Sharing

Guest Speakers:

Han Chen resized

Mr. Han Chen
Senior Vice President, Analytics  
Guy Carpenter & Company, Limited, Hong Kong

From WannaCry to NotPetya, we saw an increase in cyber attacks and data breaches globally. As a consequence, cyber insurance has been receiving increased attention. How can insurance help business enterprises manage cyber risks? What role will insurers play in the cyber field? What are the challenges faced by insurers? How can modeling help us understand and quantify the risks? These questions will be answered during this session.

Pat Nie Woo final vv4

Mr. Pat-Nie Woo 
Partner, Business Reporting and Sustainability, KPMG

Michael Camerlengo 6 resized01

Mr. Michael Camerlengo 
Partner, Infrastructure Advisory, KPMG

Mr. Woo and Mr. Camerlengo will provide an overview of the approach to be taken in assessing the viability of BRI projects and how to manage and address risk.  This will be based on a case-study driven approach that looks into the market, industry and project specific considerations to take into account as well as best practice approaches to analysing, mitigating and allocating the full range of project level risks.

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Mr. Caesar Wong  
Managing Director – China Business Services 
RSM Tax Advisory (Hong Kong) Limited

Mr. Caesar Wong will focus his sharing on Building up Belt & Road business models with GBA platform’s comparative advantages.

WeChat Image 20190212111852 resized vv1

Mr. Zhang Xinlin
Chief Financial Officer,
China Three Gorges South Asia Investment Limited

Mr. Zhang will share his experience and ideas about financing and managing risks of investment projects in the “China-Pakistan Economic Corridor”.