View Final Program
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Stacey Facter BAFT Stacey Facter is a Senior Vice President, Trade Products where she has oversight of all trade-related advocacy, education and product-related initiatives for the association and its membership. She participates in BAFT trade committees and regional councils to advance the trade finance agenda of member institutions, including working toward standardizing trade definitions, documentation and regulations for industry adoption and consistent use. She has more than 25 years of experience in international banking, including over 20 years with JP Morgan Chase, covering emerging markets, international trade finance, cash and risk management, and securities collateral management. Rosemary Gallant U.S. Embassy, Jakarta Rosemary Gallant is the Senior Commercial Officer at the U.S. Embassy in Jakarta, responsible for trade promotion and commercial affairs in Indonesia since 2014. She has also spearheaded the development of an Aviation Working Group program and a Power Working Group program. Previously, she was the Principal Commercial Officer at the U.S. Embassy in Beijing, following a four-year assignment at the US Mission to the European Union in Brussels as the Commercial Attaché. She joined the US Department of Commerce Office of China in 1988 and also served in Shanghai, Hong Kong, Taiwan and the Export Assistance Center in Connecticut. Michelle Hui BNY Mellon Michelle Hui is a Managing Director and the Asia Pacific Head of Trade & Supply Chain Financing, based in Singapore. She is responsible for developing strategies to grow revenues from trade and supply chain financing solutions for the region, working closely with the Treasury Services Sales teams in Asia Pacific. Ms. Hui also manages the Export Finance Sales business and the corresponding sales team for Asia Pacific. Prior, she was the Executive Director in the Global Trade Portfolio Management team at JP Morgan. A veteran with 20+ years of experience in international banking with a strong focus on the trade and export finance markets, Ms. Hui has held a variety of roles across credit risk functions to trade finance distribution and ECA supported financing solutions. Lee Kheng Leong Factors Chain International Lee Kheng Leong is the Asia Chapter Director of Factors Chain International. Mr. Leong has been involved in factoring since the 1980’s and acquired much of his knowledge through training with factoring companies in the US and UK. He set up DBS Factors, an independent factoring company, which was subsequently absorbed into DBS Bank, and became the SVP and head of DBS regional factoring. In 2012, he became the MD of Bibby Financial Services Singapore, a subsidiary of Bibby Financial Services UK. He was also very active in FCI and was a member of the FCI marketing and education committee. In 2015, he became the Asia Chapter Director of FCI. Sam Matthew Standard Chartered Bank Samuel Mathew heads up the Documentary Trade Product team for the Transaction Banking business at Standard Chartered Bank. In his current role Mr. Mathew’s team is in charge of leading the Bank’s Documentary Trade capabilities, vision and P&L as also leading the sustainable trade finance initiatives. His previous roles include Regional Head of Sale- ASEAN for Local Corporates & Commodity clients, Global head of the Trade Solutions Structuring Team (SST), Regional head of Product Management for SEA, Global Head of Collections & A/R product solutions, Regional Product Manager in charge of Receivables solutions etc. He has over 20 years of transaction banking experience with leading banks such as Standard Chartered Bank, Citibank N.A, and Deutsche Bank. Jayant Parande Olam International Ltd Jayant Parande is the President & Global Head – Treasury & Structured Trade Finance, heads the centralized Treasury and Investor Relations functions, and the Structured Trade Finance division of the Olam Group globally. He is also a member of the Finance Executive Committee, the senior finance leadership team of Olam. Mr. Parande joined the Group in Nigeria in 1995 and was transferred to the Corporate Headquarters at Singapore in 1998. He took over his current treasury responsibility in April 2001. Further to his finance & treasury roles, Mr. Parande is also a member of Olam’s Corporate Responsibility & Sustainability Executive Committee, and the Olam Group’s Operating Committee. Chee Seng Soh DC Consultancy Services Dr. Chee Seng Soh is a Technical Consultant on Trade Finance Issues for the Association of Banks in Singapore and External Trade Finance Adviser of a number of banks in Asia Pacific. He has more than 25 years’ experience in trade finance operations with local and foreign banks in Singapore and Malaysia. He currently serves as a member of the UCP600 Drafting Group commissioned by the ICC Banking Commission. He also served as a member of the task force on international standard banking practice for documentary credits. Additionally, Dr. Soh is a member of the Panel of Experts, International Chambers of Commerce Rules for Documentary Credit Dispute Resolution Expertise. He has been invited by the a number of ICC National Committees, financial institutions and bankers associations in Asia, America and Europe to conduct a series of seminars and workshops on international trade finance, risks in trade finance, ISBP, UCPs, ISP98, URDGs and Incoterms 2010. Aida Sutanto PT Bank CIMB Niaga Tbk Ms. Aida Sutanto has been the Head of Trade Finance CIMB Niaga since 2015. She has 25 years of working experience from various industries, with 17 years in banking industries, starting as a Relationship Manager at Lippo Bank in 1990. She expanded her professional expertise with Citibank, Bank Tiara Asia, Standard Chartered Bank Dubai (UAE), Bank Danamon, Rabobank International covering Supply Chain Finance, International Factoring, Trade Finance, Cash Management, Credit Risk and Legal. Aside from her banking experience, she also had experience as a lawyer, consultant to a fintech company, and leading an export oriented company. Radish Singh Deloitte & Touche Financial Advisory Services Singapore Ms. Radish Singh has 18 years’ experience in the fields of: financial services regulations, compliance, anti-bribery and corruption, conduct of business, and financial crime (AML/ Sanctions). She currently leads Deloitte’s South East Asia Financial Crime Compliance practice. Her experience includes regulatory, business conduct policy formulation, legislative drafting, anti-money laundering, outsourcing, implementing anti-bribery and corruption policy, advising on data protection matters, establishing corporate governance codes, and stock exchange supervision/rules and securities laws. Prior to Deloitte, she was with PwC, Securities Commission Malaysia, Dubai Financial Services Authority, The Royal Bank of Scotland, HSBC, Dubai International Financial Centre Authority and DIFC Investments. David Sumual Bank Central Asia David Sumual started his profession as an economist in 1997 in Lembaga Management, Faculty of Economics, University of Indonesia (LM-FEUI) and then joined Van Zorge & Heffernan, a Political and Economy Consultancy. In 1999, he joined the research team of PT. Danareksa as an analyst. Later, he participated in the establishment of Danareksa Research Institute (an economic think-tank). In 2008, he moved to Bank Central Asia (BCA), developing the bank’s economic research team from scratch. He is now Chief Economist of the economic and industry research team of BCA group. SPEAKERS Follow us during the workshop via Twitter @BAFT_Global. If you tweet or share photos about the event, please add the hashtag, #BAFT, to your message. TRADE FINANCE WORKSHOP Indonesia 2016 BAFT July 21–22, 2016, 2016 | Jakarta, Indonesia Thank You to our Sponsors Gold Sponsor Silver Sponsors Institutional Sponsor 2016_IndonesiaTFW_Program.indd 1 7/13/2016 1:28:12 PM
Transcript of View Final Program
Stacey FacterBAFT
Stacey Facter is a Senior Vice President, Trade Products where she has oversight of all trade-related advocacy, education and product-related initiatives for the association and its membership. She participates in BAFT trade committees and regional councils to advance the trade finance agenda of member institutions, including working toward standardizing trade definitions, documentation and regulations for industry adoption and consistent use. She has more than 25 years of experience in international banking, including over 20 years with JP Morgan Chase, covering emerging markets, international trade finance, cash and risk management, and securities collateral management.
Rosemary GallantU.S. Embassy, Jakarta
Rosemary Gallant is the Senior Commercial Officer at the U.S. Embassy in Jakarta, responsible for trade promotion and commercial affairs in Indonesia since 2014. She has also spearheaded the development of an Aviation Working Group program and a Power Working Group program. Previously, she was the Principal Commercial Officer at the U.S. Embassy in Beijing, following a four-year assignment at the US Mission to the European Union in Brussels as the Commercial Attaché. She joined the US Department of Commerce Office of China in 1988 and also served in Shanghai, Hong Kong, Taiwan and the Export Assistance Center in Connecticut.
Michelle HuiBNY Mellon
Michelle Hui is a Managing Director and the Asia Pacific Head of Trade & Supply Chain Financing, based in Singapore. She is responsible for developing strategies to grow revenues from trade and supply chain financing solutions for the region, working closely with the Treasury Services Sales teams in Asia Pacific. Ms. Hui also manages the Export Finance Sales business and the corresponding sales team for Asia Pacific. Prior, she was the Executive Director in the Global Trade Portfolio Management team at JP Morgan. A veteran with 20+ years of experience in international banking with a strong focus on the trade and export finance markets, Ms. Hui has held a variety of roles across credit risk functions to trade finance distribution and ECA supported financing solutions.
Lee Kheng LeongFactors Chain International
Lee Kheng Leong is the Asia Chapter Director of Factors Chain International. Mr. Leong has been involved in factoring since the 1980’s and acquired much of his knowledge through training with factoring companies in the US and UK. He set up DBS Factors, an independent factoring company, which was subsequently absorbed into DBS Bank, and became the SVP and head of DBS regional factoring. In 2012, he became the MD of Bibby Financial Services Singapore, a subsidiary of Bibby Financial Services UK. He was also very active in FCI and was a member of the FCI marketing and education committee. In 2015, he became the Asia Chapter Director of FCI.
Sam Matthew Standard Chartered Bank
Samuel Mathew heads up the Documentary Trade Product team for the Transaction Banking business at Standard Chartered Bank. In his current role Mr. Mathew’s team is in charge of leading the Bank’s Documentary Trade capabilities, vision and P&L as also leading the sustainable trade finance initiatives. His previous roles include Regional Head of Sale- ASEAN for Local Corporates & Commodity clients, Global head of the Trade Solutions Structuring Team (SST), Regional head of Product Management for SEA, Global Head of Collections & A/R product solutions, Regional Product Manager in charge of Receivables solutions etc. He has over 20 years of transaction banking experience with leading banks such as Standard Chartered Bank, Citibank N.A, and Deutsche Bank.
Jayant ParandeOlam International Ltd
Jayant Parande is the President & Global Head – Treasury & Structured Trade Finance, heads the centralized Treasury and Investor Relations functions, and the Structured Trade Finance division of the Olam Group globally. He is also a member of the Finance Executive Committee, the senior finance leadership team of Olam. Mr. Parande joined the Group in Nigeria in 1995 and was transferred to the Corporate Headquarters at Singapore in 1998. He took over his current treasury responsibility in April 2001. Further to his finance & treasury roles, Mr. Parande is also a member of Olam’s Corporate Responsibility & Sustainability Executive Committee, and the Olam Group’s Operating Committee.
Chee Seng Soh DC Consultancy Services
Dr. Chee Seng Soh is a Technical Consultant on Trade Finance Issues for the Association of Banks in Singapore and External Trade Finance Adviser of a number of banks in Asia Pacific. He has more than 25 years’ experience in trade finance operations with local and foreign banks in Singapore and Malaysia. He currently serves as a member of the UCP600 Drafting Group commissioned by the ICC Banking Commission. He also served as a member of the task force on international standard banking practice for documentary credits. Additionally, Dr. Soh is a member of the Panel of Experts, International Chambers of Commerce Rules for Documentary Credit Dispute Resolution Expertise. He has been invited by the a number of ICC National Committees, financial institutions and bankers associations in Asia, America and Europe to conduct a series of seminars and workshops on international trade finance, risks in trade finance, ISBP, UCPs, ISP98, URDGs and Incoterms 2010.
Aida SutantoPT Bank CIMB Niaga Tbk
Ms. Aida Sutanto has been the Head of Trade Finance CIMB Niaga since 2015. She has 25 years of working experience from various industries, with 17 years in banking industries, starting as a Relationship Manager at Lippo Bank in 1990. She expanded her professional expertise with Citibank, Bank Tiara Asia, Standard Chartered Bank Dubai (UAE),
Bank Danamon, Rabobank International covering Supply Chain Finance, International Factoring, Trade Finance, Cash Management, Credit Risk and Legal. Aside from her banking experience, she also had experience as a lawyer, consultant to a fintech company, and leading an export oriented company.
Radish SinghDeloitte & Touche Financial Advisory Services Singapore
Ms. Radish Singh has 18 years’ experience in the fields of: financial services regulations, compliance, anti-bribery and corruption, conduct of business, and financial crime (AML/ Sanctions). She currently leads Deloitte’s South East Asia Financial Crime Compliance practice. Her experience includes regulatory, business conduct policy formulation, legislative drafting, anti-money laundering, outsourcing, implementing anti-bribery and corruption policy, advising on data protection matters, establishing corporate governance codes, and stock exchange supervision/rules and securities laws. Prior to Deloitte, she was with PwC, Securities Commission Malaysia, Dubai Financial Services Authority, The Royal Bank of Scotland, HSBC, Dubai International Financial Centre Authority and DIFC Investments.
David SumualBank Central Asia
David Sumual started his profession as an economist in 1997 in Lembaga Management, Faculty of Economics, University of Indonesia (LM-FEUI) and then joined Van Zorge & Heffernan, a Political and Economy Consultancy. In 1999, he joined the research team of PT. Danareksa as an analyst. Later, he participated in the establishment of Danareksa Research Institute (an economic think-tank). In 2008, he moved to Bank Central Asia (BCA), developing the bank’s economic research team from scratch. He is now Chief Economist of the economic and industry research team of BCA group.
SPEAKERS
Follow us during the workshop via Twitter @BAFT_Global.
If you tweet or share photos about the event, please add the hashtag, #BAFT, to your message.
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TRADE FINANCE WORKSHOPIndonesia
2016 BAFT
July 21–22, 2016, 2016 | Jakarta, Indonesia
Thank You to our Sponsors
Gold Sponsor
Silver Sponsors
Institutional Sponsor
2016_IndonesiaTFW_Program.indd 1 7/13/2016 1:28:12 PM
Thursday, July 218:30AM – 8:45AM
WelcomeStacey FacterSVP, TradeBAFT
8:45AM – 9:45AM
The Increasing Challenges of Trade Based Money Laundering’s Impact on Trade FinanceThe regulatory expectations on managing trade based money laundering risks.
Speaker Radish SinghPartner / Executive Director, Deloitte ForensicFCC/ AML/KYC& CDD/ Sanctions Lead – SEA Deloitte & Touche Financial Advisory Services
9:45AM – 10:45AM
ICC Banking Commission Opinions on Letters of Credit A review of finalized ICC Opinions which sparked lively debates at the Johannesburg ICC Banking Commission Meeting in April 2016.
SpeakerChee Seng SohCEODC Consultancy Services
10:45AM – 11:00AM
Coffee/Tea Break
11:00AM – 11:45AM
US-Indonesia Trade and the Trans-Pacific Partnership This session will cover trends in US-Indonesia trade and investment, including Indonesia challenges and opportunities plus key provisions of the Trans-Pacific Partnership (TPP).
SpeakerRosemary GallantSenior Commercial OfficerCommercial Service, Department of Commerce U.S. Embassy Jakarta
11:45AM – 12:30PM
Guidelines for Suspicious ActivityA review of BAFT’s Guidance for Identifying Potentially Suspicious Activity in Letters of Credit and Documentary Collections.
SpeakerStacey FacterSVP, TradeBAFT
12:30PM – 1:30PM
Networking Lunch
1:30PM – 2:45PM
Case Study #1: Bankers GuaranteeSpeaker Chee Seng SohCEODC Consultancy Services
2:45PM – 3:00PM
Networking Coffee/Tea Break
3:00PM – 3:45PM
Trade Risk MitigationHow do we reduce or mitigate the non-payment risks of Issuing Banks or open account buyers? What are the different alternatives to consider?
SpeakerMichelle HuiManaging DirectorHead of Trade and Supply Chain Finance - APACTreasury ServicesBNY Mellon
3:45PM – 4:45PM
The Challenges That Corporates Face With Regard To The Implementation Of AFTA?An overview of AFTA, including which countries are participating, the important points in the agreement, and import/export statistics between ASEAN countries. In addition, we’ll explore the readiness of and impact to Indonesia, important aspects Indonesian corporates need to pay attention to, and how will Indonesia be able to compete with other ASEAN countries.
SpeakerDavid SumualChief EconomistBank Central Asia
4:45PM
Day 1 Wrap UpStacey FacterSVP, TradeBAFT
PROGRAM
Join us for upcomingBAFT Conferences and
Workshops in 2016-2017.
July 29, August 1 & August 3India Trade FinanceWorkshops*July 29 – MumbaiAugust 1 – ChennaiAugust 3 – Bangalore
September 25 @ SIBOS (Invite Only)8th Annual Global Councils ForumGeneva, Switzerland
October 26 – 2826th Annual Conference on International TradeChicago, IL
November 3 – 4Canada Trade Finance Workshop*Toronto, Canada
2016 2017January 16 – 18Europe Bank to Bank ForumMadrid, Spain
April 30 – May 3North America Annual ConferenceMiami, Florida
*PDUs for CDCS recertification are offered for each trade finance workshop.
Friday, July 228:30AM – 8:40AM
WelcomeStacey FacterSVP, TradeBAFT
8:40AM – 9:10AM
Standard Definitions for Techniques of Supply Chain Finance Learn about the publication of a cross industry glossary for Supply Chain Finance Products: Who? What? Why? And next steps.
SpeakerStacey FacterSVP, TradeBAFT
9:10AM – 10:10AM
Single Issue Questions and Hot Topics on ISBPSpeakerChee Seng SohCEODC Consultancy Services
10:10AM – 10:30AM
Networking Coffee/Tea Break
10:30AM – 11:30AM
Sustainable Trade InitiativesTrade is going green! Hear a framework on how the industry is moving towards the goal of an end to end sustainable supply chain.
This session was organised with the support of the Banking Environment Initiative.
ModeratorStacey FacterSVP, TradeBAFT
PanelistsSam MathewMD, Head – Documentary Trade, Product Management, Transaction Banking Standard Chartered Bank
Jayant S. ParandePresident & Global Head – Treasury & IRGroup TreasurerOlam International Ltd
11:30AM – 12:30PM
The Art of Handling Special Letters of Credit: Oil & Gas A case study featuring an Oil letters of credit and a discussion on the newly released guide on oil & gas.
SpeakersStacey FacterSVP, TradeBAFT
Chee Seng SohCEODC Consultancy Services
12:30PM – 1:30PM
Networking Lunch
1:30PM – 2:45PM
Case Study #2: Commercial Letters of Credit SpeakerChee Seng SohCEODC Consultancy Services
2:45PM – 3:00PM
Networking Coffee/Tea Break
3:00PM – 4:00PM
International Factoring An overview of factoring in Europe, North America and Asia and the role international factoring plays in today’s industry.
ModeratorChee Seng SohCEODC Consultancy Services
PanelistsLee Kheng LeongAsia Chapter DirectorFactors Chain International
Aida SutantoHead of Trade Finance, Transaction Banking GroupPT Bank CIMB Niaga Tbk
4:00PM
Closing RemarksSpeakersChee Seng SohCEODC Consultancy Services
Stacey FacterSVP, Trade BAFT
Workshop is accredited for 7.0 professional development credits (PDCs) for ICC Academy certification and recertification, plus 14.0 professional development units (PDUs) for CDCS recertification.
2016_IndonesiaTFW_Program.indd 2 7/13/2016 1:28:12 PM
