 Former Prime Minister of Great Britain and Northern Ireland Sir John Major
With experience ranging from inside 10 Downing Street to a revered position on the international political stage, Sir John Major provides audiences with a candid look at the world from a perspective grounded in his experience. As former prime minister of Great Britain, Sir John Major is one of the most respected figures in the international arena. Serving as chief secretary of
the treasury and Chancellor of the Exchequer prior to becoming prime minister, Sir John delivers the experienced insights of a hands-on global economist, sharing with audiences
the indicators that China and World signal shrinking – and thriving – economies. He is the best-selling author of John Major: The Autobiography, which details his rise from humble beginnings (John Major left school at 15, and was at one time unemployed) to political back-bencher to prime minister.
Keynote Address : The Changing World
"Twenty years ago, I would not have imagined that such a Forum will be staged in China. The World has been changing rapidly and at times out of our expectations. The developing nations such as China are showing the World some great courage, these changes not only benefit the developing nations but also contribute to fundamental changes in global economy. Apparently we are proven that the World’s attention has been shifting from the Western World to Eastern World and we are experiencing first time in 180 years that the Eastern World is in leadership position of World growth. "
 Administrative Vice Minister, China Banking Association Mr. Jun Zhang Liu
Mr. Lau was appointed as the Deputy Secretary of China Banking Association on December 2004. He encourages fairness of competitions amongst banks and it made him an icon in China’s banking industry.
Opening Statement
"I truly believe the Forum will become a major platform between local and foreign banks in knowledge sharing. We strongly hope it will become one of the important financial forums in international agenda.
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"China banking association is implementing a licensing program for 3 million employers across the country. The first group of qualified professionals will be graduated in November with license in private banking and risk management.
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 Chairman, Dept. of Finance, School Of Management, Fudan University
Prof. Li Ruoshan
Prof. LI Ruoshan is currently the Chairman of the Department of Finance, School of Management, FuDan University. He has been long dedicated to the studies of accounting, auditing theories and finance. He is the first doctorate degree holder in auditing in China and the winner of China’s National Outstanding Achievement Award. He worked as visiting scholar and professor in various reputable institutions including the University of Illinois
and Massachusetts Institute of Technology in the United States, and Leuven University in Belgium. Prof. Li has written nearly 100 articles for prestigious publications and published more than 10 books .
Keynote ： The opportunities and risks foreign banks are facing upon entering to the China’s financial market
"We are facing huge challenges from foreign banks, it is likely that most state-owned banks will lose a big number of high net worth clients."
" For the coming three to five years, foreign banks will be experiencing environmental and political difficulties in surviving in the China market.
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 Vice President of Financial Services, Capgemini China Mr. Dirk Chan-Mueller
Mr. Dirk Chan Mueller is a member of the DVFA (Deutsche Vereinigung fuer Finanzanalyse und Asset Management) Rating commission. During 1999-2005, Mr. Dirk Chan Mueller had served for many banks, such as Economic Value Added & Finance Project in Fuzhou based Chinese Bank (China Industrial Bank); Management Accounting & ERP Implementation project in Beijing based Chinese Bank (CITIC); Introduced a bank-wide Financial Institutions Credit Risk system including Portfolio management, Organization, Processes, Methodology & IT Design For Beijing based Chinese Bank (China Everbright Bank)
Keynote: The China Private Banking & Wealth Management outlook
" The percentage increase of individuals who possess wealth of one million US dollars and above is more than 25% each year. In China alone, there are 3 high net worth individuals in every 10,000 and the numbers of Chinese millionaires are increasing due to the established property and share markets.
" One of the most significant challenges China is facing now is that the shortage of wealth management professionals. Base on the current growth, 5000 professionals are required to serve the market."
 Xiangcai Securities Co., Ltd
Chief Economist Dr. Rock Jin
Dr. Jin obtained both his Masters degree in Economics and Doctorate in International Business from Nankai University. He completed his Doctoral thesis at Harvard University with sponsorship from Open Society Institute and Soros Foundation Network. He entered into the U.S securities industry in 1990 and served in top management roles for various reputable U.S securities and investment management firms. Dr. Jin returned to China and joined Xingcai Securities Corporation in 2001, and is currently the Chief Economist of Xingcai Securities Corporation, Chairman of International Stratagem Committee, and International Business Director. In 2004, he was invited to take the position as foreign expert of amendment team of securities act under the National People’s Congress Finance Committee. Dr. Jin is not only of academic excellence but also renowned for his abundant experience in the real practice of product designing. He has won acclaim from both Chinese and overseas media for being a "walking encyclopedia of NASDAQ".
Keynote：The market analysis and outlook of the emerging financial & wealth management services
"In China, intermediary business acts a substantial role in wealth management chain, the problem is that they have been given too much authority to act on behalf of investor.
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" The lack of versatility is proven to be China’s biggest weakness in financial market. Banking professionals will have to offer long-term customized and profitable products to its clients."
 PriceWaterHouse Coopers (Shanghai)
Partner
Mr. Gabriel Wong
Mr. Gabriel Wong is a partner of PricewaterhouseCoopers in corporate financing, merging and acquisition. His primary focus is corporate financing and M&A advisory services. Mr. Wong holds 15 years experience of strategic investment and corporate finance experience in China. Mr. Wong is responsible for providing private equity financing service to Chinese clients. He successfully planned and closed the largest-ever foreign M & A case in China’s beer industry (worth RMB 5.9billion) -the foreign acquisition of Fujian Sedrin Brewery. Mr. Wong also actively provides M&A services to foreign clients. Mr. Wong holds an MBA from Warrick University of UK. He is a Fellow of the Association of Chartered Certified Accountants (FCCA), and an Associate of Hong Kong Society of Accounts (AHKSA).
Keynote：How were China’s billionaires born within a decade: The unique Chinese pathway to top personal wealth
"Foreign investment plays a big role for most millionaires to accumulate wealth. Many entrepreneurs gain listed opportunity to enter overseas stock markets through acquisitions locally."
" Foreign interests on Chinese projects in property, retails and financial area despite open doors for Chinese entrepreneurs to becoming more wealthy."
 DAG Investment Bank (New York) LLC Shanghai Vice President & China Chief Representative Dr. Marcus Lee
Wall Street trained Investment Banker, Marcus started at Financial Planner and Analyst at Metlife (New York) Inc, later worked as Econometrics and Security Analyst with Cathay Securities (New York) Inc, was Director of Business Development with Refco (US) Inc, Chief Dealer with DAG. (NY) Asset Management, Portfolio Manager of G4 Portfolio and currently holds the position of Vice President for DAG Investment Banking Group.
Keynote: Setting up a successful Private Banking arm in China: Global product, local knowledge
"Despite the lack of social welfare in China, many private investors should consider on their retirement plan and it is the right time to bring in wealth management to the top-end clients.
" We need to find niche opportunity to leverage on education, family planning and retirement planning. The flexibility of product is the key and most importantly we are responsible to evaluate if the products are feasible and profitable."
 Asian Disputes & Investigations practice
Managing Director
Mr. Samuel Porteous
Samuel Porteous is Managing Director of Navigant’s Asian Disputes & Investigations practice. Since 1989, Mr. Porteous has concentrated his practice on risk mitigation in international business, commercial intelligence and the analysis and investigation of white-collar crime. In his career he has worked as a diplomat with the Canadian. Foreign Service and with the Canadian Security Intelligence Service. Prior to joining Navigant in September 2005 with the mandate
to establish their Asian practice, he was the Asian Regional Managing Director for a major global risk management company.
Keynote: Inbound Investment Issues: Best practices to assure a positive outcome
"The levels of transparency in doing business in China is often a myth. Thorough market research and data collection are strongly recommended, also do not underestimate the importance of developing substantial media relations."
"Client information should be handle with caution meaning bank professionals may have to conduct a thorough wealth assessment of potential clients.
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 TNT Direct Marketing Services China
CEO
Mr. Eric van den Berg
Eric van den Berg is the CEO of TNT Direct Marketing Services (Shanghai) Co Ltd, a wholly-owned subsidiary of TPG Group, a Fortune 500 companies. A member of the TNT China management team, Eric brings a solid track record in delivering outstanding business results. Eric is tasked to lead the set-up of TNT Mail division in China, where he will
focus specifically in the areas of mail and direct marketing services development. In 2006 Eric van den Berg was selected by the
China Marketing Magazine as one of the top 100 marketing leaders in China in recognition of his leadership in direct marketing development.
Keynote: How to find and convert prospects effectively
"Direct marketing is not fully utilized as a marketing tool in China. In contrast to other developed nations, China advertisers tend to repeat same idea over time but not creating new idea which shows lack of courage to be creativity."
"Use of Database is the key part according to our direct marketing experience, the execution and sales results can be 50% more effective if the right database is in place.
 Panel Discussion : Have Chinese Banks Prepared Well Enough for Competition?
Participant:
Mr. Xue Wang Yan, Vice President of Retail Banking of Industrial Bank
Mr. Yong Yuan Lin, Vice President of Private Banking of Shanghai Pudong Development Bank
Mr. Jun Hong Wang, Vice Secretary General of SPFCC
Dr. Xinge Zhao, Associate Professor of Finance of CEIBS
Mr. Li Ping He, Financial Faculty Officer of School of Economics and Business Administration
Summary:
Mr. Xue Wang Yan: "I understand the local banks are actively engaging to their challenges once the market opened up. However, I still have reservations on the frontline less experienced relationship managers. Nevertheless, it is critical to have marketing and public relation supports as well as well trained professionals."
Mr. Yong Yuan Lin: "After the market has been opened for 20 years, the foreign banks in Singapore and Taiwan are still experiencing many restrictions. I wish China will take it as a prerequisite and open the market gradually to foreign banks."
Mr. Jun Hong Wang: "SPFCC is well prepared for training of bank professionals. A qualified license called CMP is collectively approved by four China biggest banks and it is likely to become a benchmark in China’s financial industry."
Dr. Xinge Zhao: "Foreign banks can bring know-how and experience into the banking system as a whole. In the future, we can not deny the possibility of cooperation between local and foreign banks but not without close monitor of experts."
Mr. Li Ping He: "Aside from the restrictions of RMB business, foreign banks need to thoroughly understand the differences between local and international clients. Extra time and cost is unavoidable in the beginning stage."
 Panel Discussion : Realizing your China Dream. The Opportunities and Challenges which will face Private Banking & Wealth Management
Participant：
Mr. Jun Hong Wang, Vice Secretary General of SPFCC
Mr. Jeff Zhou, Editor in Chief of Forbes China
Mr. Dirk Chan-Mueller, Vice President of Capgemini
Mr. Henry Ma, Head of Financial Service of Capgemini
Summary:
Mr. Jun Hong Wang: "Technically, private banking and wealth management are two distinct concepts. Private banking focuses on the top high net work individuals whereas private management is the highest level of banking service amongst the working class. Owing to the rapid increase in numbers of millionaires, local banks may not be prepared to serve the needs and it is a challenging task to fulfill. In contrast, they need focus on improving the service in wealth management amongst the working class."
Mr. Jeff Zhou: "The speed of wealth growing amongst the elites may be unreasonable, 10% to 20% of annual growth may not satisfy them. They could simply invest their capital on properties locally or internationally to yield higher return."
Mr. Henry Ma: "Capgemini’s objective is to identify opportunities in the market. Our cooperative report with Merrill Lynch suggested that China has more than 320,000 high net worth individuals."
Mr. Dirk Cha-Mueller: "For my experience, I have seen some relatively small scaled banks come up with innovative products to serve high net worth individuals and it could mean gaining share amongst the multinational bank corporation."
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