Media Releases
Published Date: 13 September 2006

International Business and Finance Chiefs to meet in Singapore

Singapore, 13 September 2006...The Monetary Authority of Singapore's (MAS) International Advisory Panel (IAP) will be holding its sixth meeting in Singapore on 17 September 2006.  The IAP members who will attend this year's meeting are:

  • Mr Lim Hng Kiang, Chairman of the IAP, Minister for Trade and Industry and Deputy Chairman of MAS;
  • Mr Jacques Aigrain, Chief Executive Officer, Swiss Re;
  • Mr Claude Bébéar, Chairman of the Supervisory Board, The AXA Group;
  • Mr Lloyd C. Blankfein, Chairman & Chief Executive Officer, Goldman Sachs, Inc.;
  • Mr David Fisher, Chairman, Capital International;
  • Mr Rijkman Groenink, Chairman, ABN AMRO Bank NV;
  • Mr William B. Harrison, Jr., Chairman, J.P. Morgan Chase & Co.;
  • Mr Kenneth D. Lewis, Chairman, Chief Executive Officer & President, Bank of America Corporation;
  • Mr Shigemitsu Miki, Chairman, The Bank of Tokyo-Mitsubishi UFJ, Ltd.;
  • Mr Stanley O'Neal, Chairman of Board, Chief Executive Officer & President, Merrill Lynch & Co., Inc.;
  • Mr Michel Pébereau, Chairman, BNP Paribas;
  • Mr Charles Prince, Chairman and Chief Executive Officer, Citigroup Inc.;
  • Mr Ratan Tata, Chairman, Tata Son Ltd.;
  • Dr Junichi Ujiie, Chairman, Nomura Holdings, Inc.; and
  • Mr John Varley, Group Chief Executive, Barclays PLC.

2   A full list of IAP members is at Annex 1 (77.3 KB) .

3   As the financial landscape in Asia evolves, new opportunities and challenges arise for financial institutions operating in the region.  The IAP meeting is expected to discuss these issues and how international financial institutions are meeting the needs of a new breed of Asian investors and borrowers.  The IAP will also discuss Singapore's value proposition in the changing business environment.

4   Mr Lim Hng Kiang, Minister for Trade and Industry, Deputy Chairman of MAS, and Chairman of the IAP said, "The IAP was formed in 1998 when we embarked on a major reform of the financial sector.  They have helped us to validate our strategies and broaden our perspectives. We value their counsel. This year's meeting will be no different and I'm especially pleased with the excellent turnout for this meeting.  We also look forward to welcoming our IAP members to the Singapore 2006 events."

5   Following their meeting, the IAP members will call on Prime Minister Lee Hsien Loong and Minister Mentor Lee Kuan Yew.  They will also be hosted to lunch by Senior Minister and Chairman, MAS Goh Chok Tong.