FutureCFO vSummit 2022: Hong Kong

Days

Hours

Minutes

Seconds

EVENT OVERVIEW

The fifth wave of local epidemic which resulted in restrictive measures, slower growth in global demand, pandemic-induced trans-border disruptions, higher interest rates and soaring commodity prices due to Ukraine-Russia war have caused Hong Kong’s economy to witness a deteriorating performance in the first quarter of 2022.

However, with the recent improving local epidemic situation, progressive cross-border transportation situations between the Mainland and Hong Kong, eased social restriction measures as well as a new administration that officially took office beginning July this year, the city should be on track to see some economic revival for the rest of this year.

Also, as outlined in 2022-2023 Budget, the Hong Kong government acknowledged that innovation and technology (I&T) as a new economic growth spot and contribute to the transformation and upgrading of traditional industries. To fast-track digital agenda of businesses, the “14th Five-Year Plan” of China’s Digital Economy which encourages innovation across all sectors stipulated the need for enterprises in Hong Kong to be digital-ready and cybersecurity-resilient to remain competitive.

With Hong Kong’s transition from pandemic to endemic and the heightened push to fast-track digital agenda to thrive in this new post-COVID economy, what will be the day-to-day portfolio of forward-looking CFOs and finance leaders in Hong Kong in 2023?

To succeed in the digital economy, how should finance leaders in Hong Kong modernise the use of maturing technologies like ERP and integrate these with emerging techs? What are the strategies to meet the challenges in balancing business priorities and goals amidst the continuing constraints and constantly evolving technology-led innovation to get ready to the post-pandemic normal?

CXOCIETY is pleased to hold our 2nd Annual FutureCFO Hong Kong vSummit. Taking place on 13 October 2022 from 9 am to 12.30 pm HKT, this virtual summit will gather over 120 senior finance professionals from multiple industries in Hong Kong.

This event will address the latest macroeconomic updates, business risks and opportunities, CFO’s top action plans to drive change and recover growth in Hong Kong. It will also discuss ways to succeed in this new “stable instability” with the available resources, explore digital strategy and develop best-in-class strategy to transform organisations to be competitive in the new, uncertain, and evolving business landscape

WHO SHOULD ATTEND?

CFOs, MDs, VPs, Directors, Heads, GMs, and Senior Managers, involved in:

Financial Planning & Analysis (FP&A)
Strategic Planning & Forecasting
Costing & Budgeting
Treasury Operations
Project Financing
Accounting and Reporting
Merger & Acquisition (M&A)
Investment / Portfolio Management
Auditing & Internal Control
Tax Governance
Governance, Risk & Compliance (GRC)
Statutory & Regulatory Reporting
Fiscal Policy Planning
Financial Technology Solutions

WHY YOU SHOULD ATTEND

The FutureCFO Conference aims to give CFOs, who also act as their company’s strategic business partner and catalyst, insights on ensuring corporate growth and successfully mitigating risks and challenges amidst the current economic and political uncertainties in their countries. The conference will also address strategies and best practices on how CFOs can reimagine finance functions and their organizations to survive and thrive in today’s fast-paced and digitally driven landscape.

This by-invitation only one-day event will gather over 120 senior finance leaders from multiple industries and offers the best opportunity to hear from the industry’s leading professionals, contribute questions from the floor, engage in incisive panel discussions that discuss real-life business cases, updates and strategies to meet the most pertinent challenges facing the finance function in 2020.

High-Level Industry Speakers

We gather 20+ industry speakers and experts from leading organizations for keynote presentations and incisive discussions so you can tap on their invaluable insights and best practices important to your finance function management and transformation.

Interactive Discussions

Be part of our interactive panel discussions that address the current hot topics, share ideas and experiences and get the answers to your pressing questions from prominent finance leaders on stage.

Networking Opportunities

Meet new business partners, engage and forge new connections with fellow finance and treasury leaders in the region, solution providers and many more at our event through luncheons, coffee breaks, one-to-one meetings and informal introductions.

Targeted In-Depth Sessions

8 hours of learning and networking opportunities packed into 10 in depth sessions. Listen to corporate-driven best practices and case studies sharing that are targeted to your profession through the personalized country-specific conferences we crafted for you - FutureCFO Conferences.

AGENDA

09:05

PANEL DISCUSSION I: The Road Ahead: CFO’s New Mandate and Priorities for the Post-Pandemic Normal

With the upheaval caused by prolonged pandemic and current macroeconomic developments in the city, CFOs and finance leaders in Hong Kong are required to deal with changes swiftly, evaluate and modify their finance strategies particularly in the areas where digital and finance intersect to match the shifting economic conditions.

Finance outlook: Making sense of the challenges and opportunities in Hong Kong in 2023
CFO’s new role in leading recovery in the new and uncertain marketplace
Balancing business priorities and goals for 2023 and beyond
Repositioning business, opportunities, ESG and digital agendas to meet the new economic demands and ensure resilience
Initiatives to drive performance, build profitable growth and surpass competitions in 2023

Moderator:
Allan Tan, Group Editor-in-Chief, CXOCIETY

Panelists:
Devraj Doss, Vice President (Region CFO) – Finance & Planning, PHILIP MORRIS INTERNATIONAL
Steve Tsang, Asia Pacific, SSP GROUP
David Tsim, Group Finance Director, TAMAR SHIP MANAGEMENT

09:40

EXECUTIVE INTERVIEW: CFO Playbook for Profitability and Digital Acceleration in Hong Kong, China and Asia

As the Hong Kong economy starts to pick up in the latter half of 2022, inflation will make a return to the CFO’s focus. However, with weakening global growth forecasts, persistent supply chain pressures, pandemic-related lockdowns in China, continued talent shortages (particularly in Hong Kong’s high-value industries), CFOs recognise that current strategies of passing along inflation through pricing may not continue to work. Driving digital acceleration while enhancing near-term profitability is no easy task. In this session, we look to cover:

How to drive digital acceleration while enhancing near-term profitability?
Identifying common mistakes to avoid when managing profitability in today’s environment
Developing proven frameworks to help finance segment costs to differentiate performance

Interviewer:
Allan Tan, Group Editor-in-Chief, CXOCIETY

Interviewee:
Gary Zhang, Executive Director, Head of Global Finance and Accounting, LI & FUNG

10:00

KEYNOTE I: Is the Future of Finance Now?

This session will delve into the EY CFO Agenda which explores the changing dynamics of the business world and what it means for you as the finance leaders of today and tomorrow.

Chris Mulliken, Partner, EY BUSINESS CONSULTING