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Transforming trade
in a time of change
November 16-18, 2021 Time zone: Singapore Time (SGT)
gtreview.com/gtrasia #GTRAsia
Lead sponsors
Key themes: 6 of the best Countries expected in 2021
Trade heads Is digitisation Trade finance
roundtable maturing? gaps and SCF
Striking the Meeting Preparing for
ESG balance SME needs turbulence
Transforming trade in a time of change
GTR Asia, the world’s largest trade finance
Attendees by sector in 2020 3 ways to watch the event video
gathering, returns in virtual form for 2021 on
November 16-18, offering the opportunity to
hear critical market insights and benefit from the Corporates & traders
60
12
unparalleled expertise of established trade leaders.
% 9
6
3 3
Encompassing the key aspects of the live conference
experience in a digital format, GTR Asia 2021 will
retain GTR’s core focus on networking, collaboration 12 Banks & financiers 2 Insurers & risk managers
Click here Click here Click here
and knowledge sharing, offering an unrivalled delegate 9 Technology & fintech 2 Other to watch to watch to download
mix incorporating corporates, traders, banks, insurers, 6 Govt orgs & public bodies 1 Lawyers on YouTube on Vimeo via WeTransfer
lawyers, fintechs, non-bank financiers, government 3 Consultants & accountants 1 Media
3 Non-bank financiers 1 ECAs & multilaterals
agencies and investors.
Whilst we hope to return to Singapore in-person for
2022, this year’s event provides a highly anticipated
Company size breakdown in 2020 Find out more
opportunity to connect with all corners of the market for
those involved in Asian trade, with a full exhibition and
Ed Virtue SPONSORSHIP
extensive programme covering the latest developments Director, Global Sales
and rapidly changing dynamics. SME 10% 15% Mid +44 (0)20 8772 3008
Click here to email
“A great opportunity to connect with 75% Jeff Ando SPEAKING
delegates and hear the latest trade Director, Content & Production
Click here to email
+44 (0)20 8772 3015
and trade technology developments.”
J Ellwood-Russell, Simmons and Simmons
Elisabeth Spry MARKETING & MEDIA
Multinational Marketing Manager
Click here to email
+44 (0)20 8772 3006
November 16-18, 2021Agenda GTR Asia 2021 Virtual Day One: Tuesday 16 November 2021
Day One: 10.00-10.30 13.45-14.30 This session will consider how this heightened
environment is likely to play out from a trade perspective,
Tuesday 16 November ‘In deep ship’ Is the trade digitisation landscape finally with the risk of divisions and concern over the use of
It is impossible to ignore the current global supply chain maturing? trade as an tool of wider economic diplomacy.
crisis. While Covid-19 has played a key role in this After what has felt like years of mostly just talk, there are Rebecca Harding, Chief Executive Officer, Coriolis
09.30-09.40
mess, it is only part of a far larger interconnected set of finally signs that ‘the blockchain story’ may be progressing, Technologies
Keynote address: The latest from Enterprise problems. We examine current shipping dynamics; “too with Asia undoubtedly at the forefront of trade digitisation
big to sail” structural issues; a brewing political backlash; Professor Henry Gao, Associate Professor of Law,
Singapore advances. Recent examples of this progress include the
Cold War icebergs; and the ‘ship of things to come’ if Singapore Management University; Dongfang Scholar
recent inaugural trade finance NFT transaction conducted
This keynote address will seek to provide a vision for maritime past is a guide to maritime future. In short, while on the Singapore-based XDC Network – with various Chair Professor, Shanghai Institute of Foreign Trade
future trade prosperity, reflecting on Asia’s role at the central banks insist inflation is transitory and will fall once Kristy Sandino, Head of International Policy,
other applications coming to market enabling businesses
head of global economic recovery and Singapore’s supply-chain bottlenecks are resolved, shipping dynamics Confederation of British Industry (CBI)
to create NFTs from invoices as a means of accessing
efforts to improve trade connectivity and restore suggest they are closer to becoming systemically funding – whilst other notable activities include the newly-
confidence in its role as a premier trade finance hub. entrenched. Many ports will get caught in this storm if so. expanded Hong Kong-based Global Shipping Business
It will also provide an update on the country’s efforts in 16.15-17.00
Michael Every, Head of Financial Markets Research, Network (GSBN) consortium, set up to provide greater
digitalisation, innovation and sustainability.
linkage between the shipping and finance sectors to
Asia-Pacific, Rabobank Reflections on the ADB’s 2021 Trade Finance
Peter Ong, Chairman, Enterprise Singapore facilitate end-to-end trade digitisation.
Gaps, Growth and Jobs Survey
Reflecting on these initiatives and other developments
The release of the Asian Development Bank’s latest
such as Singapore’s adoption of the UNCITRAL Model
Trade Finance Gaps, Growth and Jobs Survey recently
11.00-12.15 Law on Electronic Transferable Records (MLETR) and
laid bare the extent to which shortfalls in finance
the G7 declaration on legal reforms, this session will
Trade heads roundtable: Asia’s role in global trade recovery are impeding the full potential of trade to aid global
provide a comprehensive update on the digital landscape,
economic recovery.
The narrative for global economic recovery has been set, with the East – led by China – seen as dominating the rebound whilst also addressing concerns over digital islands,
in goods trade, fuelled by a swifter and more decisive response to the pandemic free from the choking impact of lockdown jurisdictional and standardisation challenges when it This session will feature a special high level summary
restrictions seen elsewhere. This narrative is however being challenged, as we begin to see signs that economic activity in comes to scalability. of the survey findings, followed by an expert Q&A that
China may be plateauing and with the resurgence of Covid restrictions in other parts of Asia (SEA in particular, whilst US and will reflect on a range of issues, from gaps in demand
Moderator: Eleanor Wragg, Senior Reporter, Global
European economies continue to open up) seeing disruption to supply chains. and supply to changing consumer habits, supply chain
Trade Review (GTR) challenges and looming financial jeopardy for many
This special Asia Trade Leaders Roundtable will delve deeper into a complex situation, considering a range of factors from Bertrand Chen, Chief Executive Officer, Global companies across the ecosystem.
the impact of increased labour and shipping costs on China’s role as ‘factory of the world’, geopolitical factors such as tariffs Shipping Business Network (GSBN)
and the threat of sanctions to ongoing trends for reshoring and diversification of supply chain risks. Survey findings presented by:
Josh Kroeker, Chief Product Officer, Contour
Steven Beck, Head of Trade & Supply Chain Finance,
Sriram Muthukrishnan, Group Head of Product Asian Development Bank
Moderator: Kai Fehr, Global Head of Trade & Working Nicolas Cotoner, Managing Director, Head of Global
Management, DBS
Capital, Managing Director, Standard Chartered Bank Transaction Banking, Asia Pacific, Banco Santander
Billy Sebell, Head of Ecosystem, XDC Network Followed by Q&A with:
Peter Jameson, Managing Director, Head of Trade & Azim Walli, Managing Director, Head of Product for
Supply Chain Finance, Asia Pacific, Bank of America Asia & Oceania, Transaction Banking Office for Asia, Zenichi Tanakamaru, Head of Transaction Banking,
Sriram Muthukrishnan, Group Head of Product MUFG Bank Thailand & Mekong Region, Mizuho Bank
Management, DBS Ajay Sharma, Regional Head of Global Trade & 15.00-15.45 Kanika Thakur, Managing Director, Head of Asia
Kanika Thakur, Managing Director, Head of Asia Receivables Finance, HSBC Trade, Citi
FTAs, pacts and economic diplomacy – the
Trade, Citi Ed Aldorino, Managing Director, Head of Global Brandon Feng, Head of Trade & Working Capital, Asia
latest soft power grab?
Atul Jain, Managing Director, Head of Trade Finance & Transaction Banking, Asia, Lloyds Bank Commercial & Middle East, Barclays
Asia’s position at the heart of global geopolitics and
Lending, Asia Pacific, Deutsche Bank Banking
its impact on trade appears to be entering yet another
chapter; the fallout from the signing of the new AUKUS
security pact between Australia, the US and the UK – a
controversial initiative many see as only likely to add to
tensions in the region, particularly around the subject of
Taiwan – saw China applying to join the Comprehensive “A great networking platform
and Progressive Agreement for Trans-Pacific Partnership for serious business.”
(CPTPP), an 11-country free trade area that also includes
Australia, following on from last year’s signing of the A Jha, Tata Steel Global Procurement
Regional Comprehensive Economic Partnership (RCEP).
#GTRAsia Transforming trade in a time of change gtreview.com/gtrasiaAgenda GTR Asia 2021 Virtual Day Two: Wednesday 17 November 2021
Day Two: Louise Taylor-Digby, Global Head of Trade Strategy, Swift
Jesse Chenard, Chief Executive Officer, MonetaGo
Moderator: Tolentino Mendonca, Managing Director,
Regional Head of Trade Finance, Asia Pacific, Credit
session will seek to shed light on how the landscape
has changed for the CPRI market, with greater focus
Wednesday 17 November Oswald Kuyler, Managing Director, ICC Digital Trade Agricole CIB on borrower behaviour and the extent to which insurers
– both established and some potential new market
Standards Initiative Gopul Shah, Director, Head of Global Treasury & Trade
entrants - are placing sustainability objectives at the
Finance, Golden Agri-Resources
09.30-10.00 heart of their strategy, in line with the influx of capital into
12.00-12.30 Neha Kapoor Bharadwaj, India Head, Environmental, the green financing space.
Activating vaccine supply chains and lessons Social & Governance, Bank of America, India
ESG regulations – navigating difficult terrain Lee Garvey, Executive Director, Head of Financial
for broader initiatives Matthias Schemuth, Partner, DLA Piper
Trade finance regulation seems to be under constant Solutions for Australia & New Zealand, Willis Towers
With the effects of the pandemic still impacting life in Kamran Khan, Head of Environment, Social & Watson
pressure to keep up with the latest industry trends, with Governance (ESG), Asia Pacific, Deutsche Bank
many parts of the world – Asia being a notable example – Matthieu Le Bret, Managing Director, Head of Asset
regulations around environmental, social and corporate
concerns over global access to vaccines continues, with the Stephen Olson, Senior Research Fellow, Hinrich Distribution, Asia Pacific, Nord LB
governance – from child labour practices to impact on
World Trade Organization (WTO) earlier this year mapping Foundation
wildlife and conservation – the latest and perhaps the Eujinn Tan, Regional Head, Asia Pacific, Transactional
critical production inputs with the aim of simplifying a
most pressing concern, particularly for smaller European Cover Unit, Euler Hermes World Agency
complex supply chain of components and raw materials.
buyers with supply chains across Asia and the ASEAN 15.00-15.45
Through this session you will hear about an activity Aon region in particular.
pioneered, in collaboration with ecosystem partners Insurance market round-up: Reflecting on 16.10-17.00
This session will consider the practical implications of
such as Mastercard, to efficiently distribute the Covid-19
these new priorities and whether this signals a further
unprecedented times
vaccine. You will learn what technologies were combined Industry debate: How can the system better
shift and an evolution in the thinking around ESG Just over a year ago at the 2020 gathering of this event,
through a partnership model to support confident speculation was rife over the potential impact of the meet the needs of SMEs?
principles, whilst also reflecting on the publishing of the
distribution of the vaccine across the supply chain. pandemic on business volumes, growth appetite and the With sharp increases in the cost of working capital and
Social Loan Principles, seen by many as a direct response
Aon and Mastercard will share lessons and takeaways need to manage relationships and honour its obligations ongoing concerns over late or extended payments –
to the request for clarity over social lending, which has
from this pharmaceutical initiative that can be applied in the face of pessimistic loss scenarios in some cases. estimated to be to the tune of a staggering US$16 trillion
grown exponentially in the wake of the pandemic.
more broadly, and focus on how such public-private worldwide – SMEs have often borne the brunt of recent
collaborations can lay the groundwork for the supply Simon Ring, Global Head of Financial Markets This session will regather the structured credit and political
financial pressures; despite a broadly positive outlook,
of other critical goods, changing the way trade supply Compliance, Pole Star risk insurance market together to reflect on the current
it is also felt that not enough of them are seeking
chains are managed going forward. state of the market, assessing how those loss scenarios
Philip Lilliefelth, Chief Executive Officer, Vasanda funding options outside of more traditional sources, such
played out, differences across sectors in terms of market
Paul Kim, Head of Strategy & Product Development, Aon Hannah Vanstone, Legal Associate, Loan Market as factoring and supply chain finance. This poses an
appetite, pricing challenges, policy advocacy and potential
Association (LMA) existential question; if SMEs are seen as a crucial factor
Chris Magpayo, Vice-President, Business changes to business models. The conversation will also
in economic growth, should more effort be coordinated
Development, Enterprise Partnerships, Mastercard reflect on how some of the other market challenges
across the trade ecosystem to support them?
13.40-14.30 (commodity frauds, supply chain issues, ESG trends)
have played out amongst the insurance community. This session will consider the latest trends impacting
Trade-led growth and ESG – can Asia strike on this vital segment, from the benefits of supply chain
10.45-11.30 the right balance? Moderator: Fabien Conderanne, Head of Financial finance programmes and the knock-on effects of greater
Solutions, Asia Pacific, Willis Towers Watson attention from regulators, to the role multilaterals and
Case study: New tools in the fight against fraud Trade has often led a delicate balancing act when it comes
to its contribution to humanity. Whereas the West had its Jamie Jeffers, Head of Credit & Political Risk, larger FIs can play in encouraging local banks to support
Well-publicised incidents of fraud have had a devastating Canopius Asia SMEs via risk-sharing programmes, the need for greater
industrial revolution over 200 years ago, Asian markets
impact on the bottom line and reputation of the trade Ashish Makhija, Executive Director, Global Credit training and capacity building in the field of SCF in Asia
– boosted by China’s own process of industrialisation –
finance industry, with regulators highlighting significant in particular, as well as some of the legislative barriers
only started growing significantly towards the end of the Insurance Group, Standard Chartered Bank
issues relating to both credit risk analysis and financial that still need to be overcome.
last century, fuelled by increased emissions and a strong Jaime Taylor, Class Underwriter, Chaucer Group
crime controls. The ability to check for duplication of all
focus on natural resources. Hindered by widely differing Moderator: Gabriel Petrus, Deputy Director, Global
manner of documents – from invoices to bills of lading,
regulatory environments, opaque governance practices Partnerships & Development, International Chamber of
warehouse receipts and purchase orders – before On-demand
and a complicated web of supply chains, regulators are Commerce (ICC)
undertaking decisions on financing could prove crucial in
faced with a unenviable task. Case study: Green finance and the role of
restoring confidence to the sector. Frank Wendt, Executive Chairman, FQX
This session will consider a range of topics around this insurance Claire Thompson, Executive Vice-President, Enterprise
With many viewing technology as key to achieving this
argument and the challenge of striking the necessary
objective, this session will consider the importance of As the financing of green and sustainability-linked loans Partnerships, Mastercard
balance, from supply chain resilience lessons learned continues to grow as an important tool to address the
taking a global lens to trade finance fraud, of gaining Tom James, CIO & CEO, TradeFlow Capital
from the pandemic and the impact of changing supply challenges presented by global climate change, the
sufficient reach to address challenges in a more John Galani, Chief Operating Officer, Triterras
chains shifts (such as reshoring away from Asian private insurance market is in turn needing to evolve in
coordinated way through the adoption of global API
markets), the role of finance as leverage in establishing order to meet the shared challenges and opportunities.
standards, identity and security. The session will also
ESG as a priority issue, understanding regional dynamics
address potential registry issues around the sharing of With the past few months having seen various regulatory
to reduce the risk of ‘greenwashing’, establishing
transaction/borrower information, potential benefits to and loan market changes and with expectation that
universal metrics on which to measure progress and
SMEs – often the first clients to be ‘offboarded – and what financing more closely aligned with ESG principles will
ensuring companies have greater understanding of their
this means more broadly in the evolution of such solutions. become more common in the insurance market, this
accountability to shareholders, customers and employees.
#GTRAsia Transforming trade in a time of change gtreview.com/gtrasiaAgenda GTR Asia 2021 Virtual Day Three: Thursday 18 November 2021
Day Three: 11.30-12.30 13.40-14.30 15.00-15.45
Roundtable: Can greater efficiency and Credit risks, insolvencies and domino effects In conversation: The view from corporate
Thursday 18 November inclusivity help close working capital gaps? – how prepared is the market for more treasury
As companies of all sizes struggle to access finance, turbulence? As 2021 comes to an end, and with renewed hope of
09.00-09.45 enabling firms to apply for support in a simple and The last two years has seen the world of trade rocked by the continued transition back to business, economic
intuitive manner becomes ever more important, with what has at times felt like a series of existential threats, and social normality for 2022 and beyond, this session
GTR Ventures Tradetech Showcase: the extensive costs involved in financing applications. – coordinated with our friends at the Association of
from well-publicised trader frauds to ongoing trends for
Meet the fintechs Opening up opportunities to apply for credit from multiple international bank derisking and retrenchment, to the Corporate Treasurers (ACT) – will bring three treasury
A long-running highlight of GTR Asia both virtually and financing sources – both bank and alternative – plays a impact of the collapse of Greensill on the supply chain experts from different backgrounds and markets across
in-person, this dedicated section of the event provides crucial role in reducing red tape, eliminating middlemen finance market. Despite talk of an Asian-led economic Asia Pacific to discuss the hot topics impacting the
opportunities for fintechs to showcase themselves to and providing access to a greater suite of services recovery, insolvencies seem set to spiral as we near the region and its treasury community.
the wider trade finance community. Delegates will have including documentary trade and supply chain finance, end of 2021, with dual pressures of late payments and the Moderator: Caroline Stockmann, Chief Executive
the opportunity to hear from a range of companies, all letters of credit, shipment financing and working capital. withdrawal of government support packages likely to take Officer, Association of Corporate Treasurers (ACT)
of whom will look to highlights the relevance of their This session will discuss the importance of streamlining their toll on corporate cash flow – a June survey revealed
products, services and business strategies. Xuelin Chen, Director, Group Treasury, Trip.com Group
and standardising processes, the role of secured a barely credible 50% of all B2B invoices overdue.
Benny Koh, Treasury Services Leader, Regulatory Risk
Presenters: repositories such as Singapore’s Networked Trade As the industry looks forward, set against the backdrop
Platform (NTP) in storing digital data, as well as the Leader, SEA Risk Advisory, Deloitte
Huanbo Luan, Founder & CEO, 6Estates of the winding down of fiscal support packages and
importance of integrating logistics and compliance temporary insolvency regulations, this session will take Francis Ho, Director, Group Treasury, CLP Holdings
Gabriele Dadò, Managing Director, BLK Global for a more holistic offering. The discussion will also the temperature of the current climate, assessing a
Foo Wenxin, Founder, Mach X look at plans to expand across other markets, and the range of themes from overconcentration of liquidity
Matt Petot, Chief Executive Officer, CargoAi opportunities provided for even greater connectivity amongst larger traders and the squeezing of smaller 16.10-17.00
across of range of regional and global FIs. players to improvements in transparency brought about
10.00-11.00 Moderator: Vincent O’Brien, Member of the Executive by advancements in technology, to the role of the What more can be done to maximise trade’s
Committee, ICC Banking Commission credit insurance market in advocating a more strategic digital potential?
GTR Ventures Tradetech Showcase: approach to customer credit risk.
For all the hype around the importance of digitising
Desmond Loh, Chief Executive Officer, Guud Finance
Panel review Moderator: Olivier David, Global Head for Structured trade, much of the attention has centred around specific
Mike Walker, Head of Working Capital Finance, Asia
Reflecting on this morning’s earlier tradetech showcase, Pacific, Finastra Credit & Political Risks, Atradius documents, from the electronic bill of lading – digitised in
this interactive session will see an expert panel offer Sean Birrell, CTO & Co-Founder, Veridapt some form since the turn of the century – to the good old-
Kheng Leong Lee, Asia Pacific Representative, HPD fashioned letter of credit. But is that selling the potentially
their perspectives on the participating companies, before
LendScape Scobie Mackay, Head of Structuring, Origination &
engaging in discussion and debate on their business transformative nature of trade digitisation short? Could
Farooq Siddiqi, Chief Executive Officer, dltledgers Sales, Global Carbon, Macquarie Group and should the market be setting its sights higher?
models, strategies and activities. Strong focus will once
again be placed on innovation, efficiency and the need to Wai Yee Choo, Director, Networked Trade Platform, Alex Bursak, Director, Regional Head of Insurance,
This session will seek to explore the ‘creative friction’ that
provide greater access to finance. Singapore Customs Asia Pacific, LiquidX
exists between banks and fintechs as the conversation
Roshni Patel, Global Head of Credit Risk, Quantexa continues over offerings, from increasing demand for
Judging panel:
Diane Tate, Chief Executive Officer, Australian Finance open account and bank guarantee products to corporate
Eleanor Wragg, Senior Reporter, Global Trade Review
Industry Association demand for digital solutions that actually work rather than
(GTR)
pilots or proofs of concept. The conversation will also
Oswald Kuyler, Managing Director, ICC Digital Trade consider a potential ‘end goal’, what people could expect
Standards Initiative the fintech landscape to look like in its ‘finished state’.
Alan Ng, Venture Partner, Origin Capital “It would have been a missed “Latest insights across multiple Moderator: Johan Egnell, Head of Asia, Mitigram
Pei Shan Wong, Senior Vice-President, Novo Tellus
Capital Partners opportunity had I not attended it!” topics patched into a simple event!” Verachin Silva, Senior Manager, Trade Finance, Vale
Enno-Burghard Weitzel, Senior Vice-President,
V Prabhakar, State Bank of India A Wong, General Electric Strategy, Digitisation & Business Development,
Surecomp
“Ample opportunities to network Joon Kim, Global Head, Trade Finance Product &
Portfolio Management, BNY Mellon
and meet with the Who’s-Who “It would have been a missed “An excellent event to hear from Srinath Keshavan, Executive Director, TradeAssets
of international trade!” opportunity had I not attended!” experts on trade.” Sin Yong Loh, Director of Trade, Infocomm Media
Development Authority (IMDA)
V Sharma, Wells Fargo V Prabhakar, State Bank of India D Elms, Asian Trade Centre
#GTRAsia Transforming trade in a time of change gtreview.com/gtrasiaSponsors GTR Asia 2021 Virtual November 16-18, 2021
PLATINUM SPONSORS
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SUPPORTING PARTNER
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