EVENT
ANZ AUSSIE DAY 2017
ANZ WELCOMES YOU TO
Wed 29 Nov 2017,
Mandarin Oriental Hong Kong
With the rapid growth of Asian investment dollars, the need for diversification, and subsequent spread tightening in Asia Pacific’s G3 bond markets the region’s borrowers are increasingly looking closer-to-home for cheaper funding across the maturity spectrum. Against this backdrop, what does it mean for Australian credit?
Join ANZ and our panel of experts to discuss the forces that will drive Australia’s credit market, the new investment opportunities that will emerge, and perhaps some of the challenges we will be faced with.
As borrowers are increasingly looking closer-to-home for cheaper funding across the maturity spectrum, what are the various options that are available for Australian issuers and how are they shaping their funding strategies?
On the investor side, as Asian investors are looking to diversify their growing investment dollars, where does Australian Credit fit in their overall market outlook and investment portfolios? What does it mean for Australian issuers?
We will also hear from CLP, one of Hong Kong’s most prominent issuers, on the RegS market. The buyers for Aus RegS and China SOE RegS are the same. What can Australian issuers learn from other issuers, such as CLP?
Keynote Speaker
Sean Gourley
Founder and CEO, Primer
Sean Gourley is founder and CEO of Primer. Previously, he was CTO of Quid, an augmented-intelligence company he co-founded in 2009. Prior to Quid, Gourley worked on self-repairing nano-circuits at NASA Ames. He holds a PhD in physics from Oxford, where his research as a Rhodes Scholar focused on complex systems and the mathematical patterns underlying modern war. This research was published on the cover of Nature. He has served as a political advisor, briefed USCENTCOM at the Pentagon and addressed the United Nations in Vienna. Gourley sits on the Knight Commission, serves on the Board of Directors at Anadarko (NYSE:APC), and is a TED Fellow.
Conference Speakers
Ian Chitterer
Vice President – Senior Credit Officer in Moody’s Corporate Finance Group
Ian Chitterer's responsibilities are primarily the retail, telecommunications and airlines sectors. Prior to joining Moody’s, Ian spent 6 years at AMP Capital where he worked as a Credit Research Analyst and Portfolio Manager in Sydney. Before this, Ian worked in London at Alliance Bernstein, Morgan Stanley, and Goldman Sachs after qualifying as a Chartered Accountant with Deloitte in South Africa. Ian holds an Honors degree in Accounting from the University of Natal in South Africa and is a South African Chartered Accountant.
Ed Collis
Group Treasurer for SEEK Limited
Ed is the Group Treasurer for SEEK Limited with responsibility for all treasury and capital management for the SEEK Limited Group, which has a market capitalisation of over $6 billion, revenues of over A$1 billion, and debt facilities of more than A$1 billion. He has over twenty years’ experience in board and executive roles in treasury, corporate finance and general management with publicly-listed multinational corporations.
Felicity Emmett
Senior Economist, ANZ
Felicity is Senior Economist in the Australian Economics team at ANZ. She is responsible for analysis and forecasting of key Australian macroeconomic indicators, as well as thematic research on the Australian economy. She also provides specialist analysis on topical issues, including the policy outlook. Felicity publishes regular and ad-hoc reports and presents to internal and external, domestic and international clients. She also provides regular media commentary on key local economic issues.
Felicity has more than twenty years’ experience as an economist in financial markets. Prior to joining ANZ, Felicity worked as a Senior Economist for the Royal Bank of Scotland, a Senior Economist at ABN AMRO Australia, and as an Economist for BZW Australia.
Farhan Faruqui
Group Executive, International, ANZ
Farhan joined ANZ as CEO of International Banking in August 2014 before being elevated to the position of Group Executive International, cementing the importance of Asia to the ANZ Group. Farhan leads a business representing customers across Asia, the Middle East, Europe and America with a significant franchise growth opportunity. CEOs in these markets all report through to Farhan.
Until August 2014, Farhan was the Head of Corporate & Investment Banking for Asia Pacific, Citigroup. During his 23-year career with Citigroup, Farhan held senior management roles in franchise building, product and customer coverage across Asia Pacific, Europe and Africa, including Head of Global Loans & Leveraged Finance, Asia Pacific, and Corporate Banking Head, Central Europe.
With an impressive track record developing businesses, Farhan is an experienced international banker, product specialist and an accomplished people leader across multiple geographies.
Owen Gallimore
Head of Credit Strategy, ANZ Markets
Owen has over 17 years sellside and buyside credit market experience, and is within Asia a China credit market veteran of over 13 years. Previously, Special Situations Director at Citi, Partner Senior Asia Credit Analyst at Cheyne Capital, and Director Senior Asia Credit Analyst at RBS. Consistently voted number 1 over the past 5 years in the Asiamoney Asia-ex Fixed Income Polls for both Asia-ex and China G3 Credit Research. Owen is also a regular feature in the top 5 of The Asset’s Asia G3 Bond Polls for credit research.
Gwen Greenberg
Debt Capital Markets Team, ANZ
Gwen has over 20 years of DCM experience, joining ANZ in September 2015 in the Debt Capital Markets team. Prior to joining ANZ Gwen was head of the corporate debt capital markets team in Australia for RBS. She was responsible for originating, structuring and executing offshore transactions for a diverse group of Australian issuers in EUR, GBP, US$ (144A/RegS and USPP) and CHF markets. She has worked on many debut and repeat issuances for well-known Australian corporates including: Pacific National, Incitec Pivot, Optus, AusNet, VPN, Sydney Airports, Wesfarmers, Scentre and APT Pipelines
Francis C.M. Ho
Senior Director - Group Treasury & Project Finance CLP Holdings Limited
Francis Ho is responsible for CLP Group Treasury including corporate funding & project finance, financial risks management, credit ratings, debt investors and bank relationships as well as compliance of treasury activities.
Prior to the assignment at Group Treasury, Francis was a project financier at CLP Power Asia, specializing in project finance, investment appraisal and financial risks management for CLP’s overseas investments in China, Australia, India, and South East Asia. Francis held various management positions in investment banking before he joined CLP.
Francis is the Convenor of the Hong Kong Association of Corporate Treasurers and a founding member and the Chairman (Membership) of the International Association of CFOs and Corporate Treasurers (China). Their objectives are to promote the treasury and finance profession in China and Hong Kong.
Mostyn Kau
Head of Group Funding at ANZ
Mostyn is responsible for the management and execution of ANZ's ~ $180bn global wholesale funding portfolio. He is based in ANZ's head office in Melbourne and reports to the Group Head Treasurer, Rick Moscati. Mostyn has 15 years experience in financial markets. Prior to joining ANZ in 2010, he held various balance sheet, short term, interest rate trading and funding roles at Westpac Banking Corp Treasury based mainly in London. Mostyn is a member of Chartered Accountants Australia & New Zeland and is a CFA Charterholder. He holds a Bachelor of Commerce from the University of Western Australia.
Arthur Lau
Managing Director, Co-Head of of Emerging Markets Fixed Income Head of Asian ex-Japan Fixed Income, Senior Portfolio Manager PineBridge Investments, Hong Kong
Mr. Lau joined PineBridge Investments in 2011 as Senior Portfolio Manager and Head of Asia ex-Japan Fixed Income. In December 2014 he was appointed Co-Head of Emerging Markets Fixed Income responsible for overseeing and expanding EM strategies at PineBridge, while maintaining his responsibilities for Asia’s portfolio management, research, trading and marketing. Mr. Lau is a member of the global bond management team participating in strategy development and execution, monitoring developments in the primary and secondary markets and portfolio monitoring.
Mr. Lau received a BBA in Business Administration from the Chinese University of Hong Kong and an MBA from the University of Western Ontario, Canada. He is also a CFA and CPA charterholder.
Geoff McMurray
General Manager Capital Management & Chief Risk Officer, Incitec Pivot Ltd
Geoff is an experienced Treasury and Risk professional, having spent over 20 years in various Treasury roles in 3 ASX top 50 companies, including 5 years as Group Treasurer at Incitec Pivot Limited and 3 as that company's General Manager of Capital Management and Chief Risk Officer.
Geoff has been recognised by the industry on a number of occasions having been awarded Treasury Team of the Year by CFO Magazine and having won both the Hybrid Deal of the Year and Bond Deal of Year during his career.
Geoff has very broad experience in debt capital markets having issued multiple times in the US PP market, US 144A market, the Aussie MTN market and, just a few months ago, in the Asian US$ RegS market under an EMTN program.
Katharine Tapley
Head of Sustainable Finance, ANZ
Katharine Tapley has over 20 years’ experience in law, corporate finance and banking in New Zealand, Australia and the UK. In her current role at ANZ, she is playing a key role in developing the green/social/sustainability bond markets in Australia, NZ and Asia alongside ANZ’s DCM team. She worked on ANZ’s own green bond issuance in 2015 and recent transactions include several debut green bond issuances for domestic and offshore issuers in the corporate and semi-sovereign sectors, including Queensland Treasury Corporation, CLP-CAPCO, Investa Office Fund, Investa Commercial Property Fund and Contact Energy. She is a 2016 alumnus of The Prince of Wales Business & Sustainability Programme (University of Cambridge Institute for Sustainability Leadership) and is a regular speaker at climate finance and green bond events.
Ben Yuen
Chief Investment Officer, Fixed Income of BOCHK Asset Management Limited
Mr Ben Yuen has an overall responsibility for the Company's fixed income investment capabilities and business development.
Prior to joining the Company, Mr Yuen was an Executive Director of UBS Global Asset Management in charge of the portfolio management and business development of the Asian fixed income products, including onshore and offshore RMB. Previously, he was the Head of Asian Fixed Income at First State Investments, and the team under his leadership was named the Best Institutional Fund Manager in Asia Fixed Income (based on the 5-year risk-adjusted performance) by AsianInvestor in 2006. He also served as a Senior Investment Manager at HSBC Global Asset Management where he was responsible for the Asian and Hong Kong fixed income portfolio management. The Money Market Fund managed by Mr Yuen won the Best Money Market HKD Funds Award from Benchmark in 1998, and he was granted the Fund Manager of the Year Performance Awards in the three-year and five-year categories by South China Morning Post in the same year.
Mr Yuen holds a Bachelor’s Degree in Management Science with first class honours from the University of Wales, Swansea, UK and a Master’s Degree of Science in Finance from the Lancaster University, UK. He is also a Chartered Financial Analyst.
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