Member Updates


: PBEC welcomes New Member ESG Leading Expert Dr. Morgan Carroll – June 2024

Dr. Morgan Carroll resides in Hanoi, Vietnam and recently stepped down as the Director of Environmental, Social, & Governance (ESG) at Vingroup and VinFast. He was responsible for developing and implementing global ESG strategies in Vingroup and VinFast to enhance the business sustainability culture. He is originally from South Africa and resides in Vietnam. Dr. Morgan has demonstrated proficiency in the complex Environmental Social Governance landscape for multiple MNC’s and sectors which is a key area of focus for the…

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: PBEC’s Isola Capital CEO Anthony Chan & Denise Man visit the A220 VIP aircraft on tour in Asia at HKBAC Facility – Apr 2024

Airbus Corporate Jets and Jet Aviation invited PBEC members to visit one of the latest large cabin aircraft available in the shape of the A220CJ, a fabulously designed interior to cater upto 28 passengers in maximum comfort. Ideal for Government delegations and MNC’s in APAC to move around in secure and safe surrounding on your own schedule.

: A PBEC Insight by CEO Michael Walsh on “Advancing Supply Chains using AI” – Apr 2024

A PBEC Insight: AI is being implemented in various ways within supply chain management, leading to significant advancements in operational efficiency and decision-making. Here are some examples of how AI is currently being used: Demand Forecasting: AI algorithms analyze historical sales data, market trends, and external factors to generate accurate demand forecasts, enabling organizations to optimize inventory levels, reduce costs, and meet customer demands effectively. Route Optimization: AI-powered systems optimize transportation routes by considering factors like traffic congestion, delivery time…

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: PBEC Patron Member KPMG released it’s On the 2024 Board Agenda – Apr 2024

The year ahead will be pivotal for many board members. During the KPMG INED Forum, PBEC Chair Andrew Weir, KPMG’s Global Chair of Asset Management and Real Estate, outlined 10 critical areas for directors to focus on and better navigate the opportunities ahead. These areas include accelerating digital transformation, leveraging Gen AI and bolstering cyber defences. See attached mini report.

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: PBEC Welcomes New Member Stephan Kochem Chairman and CEO of SICA – Swiss Insurance Capital Advisors AG

PBEC welcomes our newest member Stephan Kochem from SICA – Swiss Insurance & Capital Advisors – leading specialists in the global reinsurance market with a particular focus on expanding their unique offering to Asian clients and new markets in the renewable energy, O&G & real estate sectors. Learn more about Stephan here: – he visited Hong Kong and Manila in April and arranged proposals for some our PBEC members already in the re-insurance coverage for coal-fired power stations in…

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: PBEC’s BoD Peter Burnett OBE receives award from HRH Princess Anne – Feb 2024

Congratulations to PBEC’s Board of Director Peter Burnett who received his OBE in person from Her Royal Highness Princess Anne in Windsor two years on from being bestowed this wonderful award & recognition for all the work he has done. In 2022 Peter was honoured by Her Majesty, Queen Elizabeth in her last New Year’s Honours but due to Covid restrictions the official ceremony was postponed till 2024. PBEC is so very proud of you. Click images to enlarge


: KPMG Forecasts Hong Kong SAR as amongst top 5 busiest IPO venues in 2024

New stock offerings in Hong Kong are expected to generate more than double the amount of funds for companies this year, making the city’s stock exchange one of the five busiest venues globally, according to KPMG. The firm expects 90 initial public offerings (IPOs) to raise HK$100 billion (US$12.8 billion), banking on stronger inter-connectivity with the Middle East and spin-off listing opportunities to fill the pipeline. Positive sentiment among investors in artificial intelligence or AI, semiconductor and green technology could…

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: PBEC Welcomes New Member David Ching CEO Ong & Ong Vietnam

David Ching Heng Hoe Chief Executive Officer, Ong & Ong Vietnam David has worked under the auspices of BEP Malaysia, Chartered Architects Malaysia and Chua Ka Seng Singapore. Between 1989 and 1995, he was Jurong Bird Park’s Director of Planning & Development. He has also ventured into China, India and Vietnam. He set up a full-fledged multi-disciplinary firm in Ho Chi Minh City in 2007 and was the main contractor of a 1500-unit social housing development in Danang City. David…

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: Climate Witness: Changing Polar Landscapes” Exhibition Launch at the Museum of Climate Change and PBEC Member’s Appointment as MoCC Scholar

Congratulations to PBEC’s Natalie Chung Sum Yue appointed as the inaugural Museum of Climate Change Scholar (MoCC Scholar) at the Museum of Climate Change at The Chinese University of Hong Kong. Exhibition Information Her first Exhibition Title: “Climate Witness: Changing Polar Landscapes”「目擊氣候:變遷中的極地」You are cordially invited to pay a visit before CNY 2024. Curators: Inaugural Museum of Climate Change Scholar Ms. Natalie Chung, Dr. Rebecca Lee, Mr. Wilson Cheung, Museum of Climate Change Team Supporting Organizations: Mission Blue, Ocean Geographic, Polar…

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: PBEC Chairman and CEO’s Year End Economic Briefing 2023

The Pacific Basin Economic Council Chairman Andrew Weir MBE, JP and its Executive Director Michael Walsh share their views on some of the economic and geopolitical trends and observations they have witnessed in 2023. They take stock on a host of issues and look ahead to 2024. Look out for the reference to Social Offsets for leaders and corporations to address the S in ESG more urgently. They cover some of the outcomes from some of the major leader summits…