Member Updates

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: PBEC host ESG 2022-23 Winners Luncheon at the China Club -Feb 2023

PBEC Chairman Andrew Weir and CEO Michael Walsh hosted a luncheon in Hong Kong at the China Club in recognition of this years reinstated PBEC ESG Awards. Congratulations once again to our winners in; FEC Group (Gold ESG Winner), Sands China (Silver ESG Winner), KPMG International (Bronze ESG Winner), VinaCapital (Most responsible ESG investor winner) and Cogo (ESG Entrepreneur Winner). You can find more information about the competitions criteria and winners ESG information by clicking here:    

: PBEC’s intern Rhea Mehta father Commodore Kapil Mehta takes command of INS Rajali, an Indian naval air station located in Ranipet district, Tamil Nadu in south India

It operates under the Southern Naval Command of the Indian Navy, and has the longest military runway in Asia. Commodore R Vinod Kumar handed over the command of the Indian Naval Air Station Rajali, based at Arakkonam, TamilNadu  to Commodore Kapil Mehta. Commodore Kapil Mehta, is an alumnus of the INA, Goa, DSSC, Wellington,  NWC, Goa and NDC, New Delhi. Commodore Kapil Mehta was commissioned into the Navy on 01 Jan 1995. He is a naval rotary-wing pilot, qualified on…

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: The Climate Finance Conundrum – Focusing on Low & Middle Income Countries

Author: Rhea Mehta (PBEC intern OCT-DEC 2022) Published by PBEC: December 2022 Our PBEC intern Rhea Mehta recently wrote the following piece on financing issues faced by low and middle income Countries in tackling the climate emergency we all face as part of her degree studies. This area of interest was influenced in part by her experiences through her engagement with PBEC and its members, in this last quarter of 2022. We are privileged and pleased to share her work…

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: PBEC Corporate Member Velocity Technology Wins Best Cloud provider 2022

Velocity Technology is proud to announce that they have been awarded Best cloud tech provider – Public, and Best tech infrastructure provider at the With Intelligence HFM Asian Services Awards 2022! This is only the second year they have entered into these awards. Last year they were shortlisted for several. This year as well as being shortlisted in other categories, they have been awarded as winner in 2 categories of the HFM Asian Services Awards 2022! > Best Tech Infrastructure…

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: Oliver Wyman’s & PBEC BoD Ben Simpfendorfer on China’s Economic Outlook for 2023

Description: Last appearance on Bloomberg for the year by a PBEC representative in Ben Simpfendorfer. Talking China’s November data and 2023 outlook. Potential supply chain disruption is a focus for the global economy. Wishing everyone a safe, healthy and prosperous new year. URL Link to video recording on Bloomberg : https://www.bloomberg.com/news/videos/2022-12-22/07-40-oliver-wyman-partner-ben-simpfendorfer-video

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: PBEC’s Hendrick Sin enters the 14th HK District National People’s Congress Election 2022

PBEC’s Board of Director Hendrick Sin Director has officially registered to participate in the 14th Hong Kong District National People’s Congress election. He is a pioneer in the Bay Area as an IT entrepreneur: Hendrick studied computer science at undergraduate level and then completed a master’s degree at Stanford University. He started his own very successful business in Shenzhen that went onto be public traded in HK – leading the company to develop at the forefront of the gaming/entertainment industry…

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: PBEC Announces the Winners of its Annual ESG Corporate Governance Awards 2022/23

PBEC is pleased to announce the 2022/23 winners of its re-established Environmental Annual Awards renamed ‘The PBEC ESG Corporate Governance Annual Awards’. These are strictly non-sponsored or financially influenced awards judged on sheer merit. For this first return of these annual ESG awards after a 16-year hiatus (previously named the PBEC Annual Environmental Awards from 1998-2006), the assessment and judging was conducted by the PBEC International Secretariat only. The award selection was based upon pre-established criteria and comparative analysis of…

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: PBEC Corporate Member Aboitiz Power and Mainstream Renewable Power enter into first JV for 90MW wind project in CamSur – Oct 2022

Aboitiz Power Corporation (AboitizPower), through its subsidiary Aboitiz Renewables, Inc. (ARI), recently signed a joint venture agreement with global renewable energy company Mainstream Renewable Power (Mainstream) to build a 90-MW onshore wind project in Libmanan, Camarines Sur. URL Link to PR: https://journal.com.ph/aboitizpower-and-mainstream-renewable-power-enter-into-first-jv-agreement-for-90-mw-wind-project-in-camsur/

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: PBEC Announces new Board Appointment in Lei Yu CEO North Asia and Regional Head of Distribution, Asia at QBE Asia

LEI YU Chief Executive Officer, North Asia, Regional Head of Distribution, Asia, QBE Asia Pacific Lei Yu has joined PBEC and has been appointed to the board. Lei was Chief Executive Officer at Marsh Hong Kong, and Director at L2 SPACE. Lei Yu joined QBE Insurance in 2018. Lei Yu is currently Chief Executive Officer, North Asia, Regional Head of Distribution, Asia at QBE Asia Pacific “PBEC is a great platform providing meaningful connections and partnerships for the local &…