Program
Leaders at the helm of governments and companies are at a crossroads, confronting transformative decisions that shape the destiny of the world community. Two years after the Great Recession, the global recovery still hangs in the balance. Policy makers are under pressure to revive economic growth, resolve persistent debt concerns and restore confidence. Business leaders face a tightening environment and must adapt their growth models and invest productively at a time of heightened uncertainty. Investors in turbulent financial markets must reassess risk and find safe havens while searching for high returns. Emerging economies face the challenge of sustaining strong growth rates while combating inflation. What choices are at hand for leaders confronting divergent thinking on issues that determine the outcome of the financial crisis? Which routes offer the best options to stimulate growth, manage debt, create jobs, increase profits, attract investment, encourage consumption, and foster innovation? Which paths provide the ideal alternatives to sustain energy and resources, and help the disadvantaged? Crossroads test our mastery at taking action at the decisive hour. To make the right call demands clarity and the courage in one’s convictions. Crossroads are also a global center of networks for diverse civilizations to exchange ideas and grow commerce. There is no better place than Malaysia, a crossroads of global trade between the East and West, to bring together global CEOs to examine how the world economy can embark on a new journey of discovery in a post-crisis world.
Monday, September 12, 2011
| 08:30 | Registration Desk opens from 8:30-20:00 Lobby Level, Shangri-La Hotel |
| 16:30 | Private speakers cocktail
Lafite Restaurant, Shangri-la Hotel |
| 18:00-21:30 | Opening night cocktails and gala dinner
Grand Ballroom, Basement II, Shangri-La Hotel Session I Fact & Comment Welcome address by Steve Forbes, Chairman of Forbes and Editor-in-Chief of Forbes Media |
Tuesday, September 13, 2011
| 07:30 | Registration Desk opens from 7:30-19:30 Lobby Level, Shangri-La Hotel |
| 07:30 | Standing networking breakfast
Grand Ballroom Foyer, Basement II, Shangri-La Hotel |
| 08:45 | Opening remarks, Rich Karlgaard, Publisher, Forbes magazine
Grand Ballroom |
| 09:00 | Session II Grand Ballroom Mapping global growth When the crisis erupted, world policy makers took swift action to prevent economic implosion. While the global economy has survived the Great Recession, the recovery is losing steam. Fears over the eurozone debt crisis and economic growth are keeping global financial markets on edge. Are policy makers making the right decisions and providing comprehensive solutions to invigorate growth and restructure debt? The US has averted a possible debt default but still faces the challenge of credit downgrades, weak growth and high unemployment. Can the US restore its credibility in global economic leadership? What role will Japan play in the global recovery? Emerging countries in Asia are still growing briskly but the pressure is on to keep inflation at bay. What are the prospects for the Middle East, Africa and Latin America? What is the outlook for the US dollar and other currencies, as well as global asset prices, especially commodities? Moderated by Tim Ferguson, Editor, Forbes Asia Confirmed speakers: Richard Elman, Chairman, Noble Group Ltd. Liang Xinjun, Vice Chairman and CEO, Fosun International Ltd. Dr. John Quelch CBE, Dean, China Europe International Business School Yoshito Hori, President and Dean, Globis University, Managing Partner, Globis Capital Partners S. Ramadorai, Vice Chairman, Tata Consultancy Services, Chairman, Bombay Stock Exchange and Advisor to the Prime Minister of India |
| 10:05 | Session III Grand Ballroom On the road to riches A crisis of confidence looms in world financial markets as policy makers struggle to stabilize the eurozone and strengthen the global recovery. What can investors expect? Will more volatility follow as markets gyrate with alarm? How should investors strategize and forecast, and make decisions that cut through the noise and panic? Amid the turbulence, how should they assess risk and price it accordingly? Is now the time to be contrarian? Which countries and assets are safe and offer the best returns? Where do you find value? After rounds of quantitative easing, how will the Federal Reserve implement policy on US growth and what are the implications? How should pension funds, corporations and individuals choose between stocks and bonds, currencies and commodities, private equity and venture capital, derivatives and hedge funds? Moderated by Rich Karlgaard, Publisher, Forbes magazine Confirmed speakers: Scott Minerd, Managing Partner and Chief Investment Officer, Guggenheim Partners, LLC. Alan Quasha, Chairman and CEO, Quadrant Management, Inc. Marilyn Cohen, CEO, Envision Capital Management, Inc. Michael Hintze, CEO, CQS Dr. Tahir, Chairman and CEO, Mayapada Group |
| 11:10 | Session IV Grand Ballroom Taking the optimal route CEOs today look near and far for opportunities. They invest domestically and globally, watch over traditional markets and seize openings in new ones. They have operations and staff spread across the world. How do captains of leading global companies set a clear mandate on what to go after? How do they localize in individual markets and take on entrepreneurial traits such as speed and flexibility? How should they invest in innovation and create an environment for creative thinking to improve their products and services or come up with new ones before the competition? How do they use the cash in their pockets to make acquisitions or squeeze costs to win market share? How do they keep their brands vibrant? What are the best strategies to keep adapting their business models to create profitable growth and cope with fluctuating economic conditions? Moderated by Cecilia Zecha, Programming Director, Forbes Asia Confirmed speakers: Stephen Felice, President, Consumer, Small and Medium Business, Dell Herbert V. Kohler, Jr., Chairman and CEO, Kohler Co. Beth A. Brooke, Global Vice Chair - Public Policy, Ernst & Young Gary Loveman, Chairman, CEO and President, Caesars Entertainment Corporation Fu Jun, President and CEO, Macrolink Group |
| 12:15 | Networking Lunch Sarawak Room |
| 14:00 | Session V Grand Ballroom Crossroads of trade Emerging economies is where the action is. Booming markets in this fertile region attracts ambitious domestic and foreign companies. As the West struggles with economic stagnation, China has become the world’s second-biggest economy, overtaking Japan, while India is the other behemoth. Indonesia, Malaysia, Vietnam and other Asean economies also loom large with economic potential. And rising trade flows of goods and capital between the Middle East, Africa and Asia add further zeal. How best should leading companies capture the rising growth of emerging economies that represent the crossroads of trade between the East and West? What strategies enable entrepreneurs and conglomerates to make the most of these prospects? Are policy makers fostering environments that favor investors? How are companies that originate from emerging economies taking advantage of robust home markets and going global? How can foreign investors get a piece of the action? Moderated by Tim Ferguson, Editor, Forbes Asia Confirmed speakers: Francis Yeoh, Managing Director, YTL Group of Companies Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon Ltd. Enrique K. Razon, Jr., Chairman and President, International Container Terminal Services, Inc. Xiang Wenbo, CEO/President, Sany Heavy Industry Co., Ltd. Philippe Ghanem, Managing Director, ADS Securities, Executive Chairman, Squared Financial Services Ltd. |
| 15:05 | Session VI Grand Ballroom Blazing your own trail The world economy needs a lot of ammunition for growth, and what pushes momentum is robust leadership from world class entrepreneurs who start new businesses, open markets, scale up, generate profits and create value. Behind these winning companies is a dynamic breed of leaders who blaze their own trails. What do they do differently? How do they deliver consistent performance in growth, manage finances, keep up with technology, and cope with economic uncertainty and stock market volatility? Where are they finding the best opportunities for growth in terms of sectors and markets? Which countries are the friendliest to entrepreneurs, allowing them to think big and reach their potential without red tape and barriers? Moderated by Rich Karlgaard, Publisher, Forbes magazine Confirmed speakers: Chairul Tanjung, Chairman, Para Group Malvinder Mohan Singh, Group Chairman, Fortis Healthcare Mario Moretti Polegato, Chairman, GEOX Group Sam Goi, Executive Chairman, Tee Yih Jia Group William E. Heinecke, Chairman and CEO, Minor International Plc. |
| 16:10 | Session VII Grand Ballroom Fuel and sustenance for a green economy The world’s appetite for commodities such as oil, metals and agricultural products is as voracious as ever. Debate ensues over the direction of prices, supply, food security and the sustainable use of limited resources such as water and arable land. How are commodity producers, trading and mining companies strategizing to meet robust demand, manage investment costs and address social and environmental concerns? What geopolitical issues are there in the growing competition to control commodities? Will the race for resources test our openness to world trade? Wealth creation has also improved the standard of living for many. But at what cost to our planet? World leaders have yet to agree on multilateral strategies to address greenhouse emissions and climate change. As the world transitions to a green economy, how are governments and companies progressing in the search for and commercial development of clean technologies and alternative energy? How should developed and emerging economies juggle growth demands with innovative green imperatives, reshape consumer behavior and rebuild infrastructure towards sustainable practices? Moderated by Bruce Upbin, Managing Editor, Forbes Confirmed speakers: Lee Yeow Chor, Group Executive Director, IOI Group of Companies Chanin Vongkusolkit, CEO, Banpu Public Co. Ltd. Anthony Pratt, Global Chairman, Visy Jignesh Shah, Chairman and Group CEO, Financial Technologies Group Douglas Hsu, Chairman and CEO, Far Eastern Group |
| 17:15-18:15 | Cocktails hosted by YB Dato' Sri Mustapa Bin Mohamed, Minister of International Trade and Industry, Malaysia Grand Ballroom Foyer |
| 18:15-18:45 | Break |
| 18:45-19:15 | Transportation departs from the ‘Transportation Meeting Point’ at the Lower Lobby of the Shangri-la Hotel for the Kuala Lumpur Convention Centre |
| 19:00 | Cocktails and Gala Dinner Level 3, Grand Ballroom, Kuala Lumpur Convention Centre Session VIII A Meeting of Minds: Steve Forbes talks to YAB Dato' Sri Mohd. Najib Bin Tun Haji Abdul Razak, Prime Minister, Malaysia |
| 22:15 | Transportation departs Kuala Lumpur Convention Centre for Shangri-la Hotel at the close of dinner |
Wednesday, September 14, 2011
| 07:30 | Registration Desk opens from 7:30-17:00
Lobby Level, Shangri-La Hotel |
| 07:30 | Standing networking breakfast
Grand Ballroom Foyer, Shangri-La Hotel |
| 08:45 | Opening remarks, Rich Karlgaard, Publisher, Forbes magazine Grand Ballroom |
| 08:50 | Session IX Grand Ballroom Backseat drivers: building and managing your board Are boardrooms the command centers of capitalism or are they the backseat drivers to the CEO? How best can one build a board of directors and harness its resources to maximize performance and create value for shareholders? What leadership experience and industry expertise qualify a board member to mentor a company’s management on strategic direction, risk, financing, potential partnerships or deal-making? With increased regulation, how can a board anticipate crisis and raise the red flag before it’s too late? How can it control the conduct of a business and uphold transparency and accountability? How tangible are the benefits of having high-profile executives on a board with their stature and networks? For startups, how can the right board transform the company into a viable investment opportunity? How much time and effort is required to be a board member for another company, especially if one is already a full-time leader? Moderated by Bruce Upbin, Managing Editor, Forbes Confirmed speakers: Thapana Sirivadhanabhakdi, President and CEO, Thai Beverage Public Co. Ltd. Azman Mokhtar, Managing Director, Khazanah Nasional Susan Stautberg, Co-Founder and Co-Chair, WomenCorporateDirectors R. Jayachandran, Chairman, Olam International Ltd. Thomas L. Monahan III, Chairman and CEO, Corporate Executive Board Mike Perlis, President and CEO, Forbes Media |
| 10:00 | Session X Grand Ballroom Scouting locations As the global recovery gains momentum, what is the outlook for investing in global real estate markets? From iconic buildings to industrial parks, economic zones to luxury homes, tourism to health care facilities, mega malls to casinos, what are the prime geographic locations and asset classes that investors should consider? How is the global REIT market performing and where are the opportunities? Have new investment patterns emerged since the crisis? How are leading real estate companies managing issues such as credit and consumption, and how are they strategizing to maximize rewards from promising markets? Moderated by Russell Flannery, Senior Editor, Forbes magazine Confirmed speakers: Roger Wang, Chairman and CEO, Golden Eagle International Group Steven Pan, Chairman, Regent Hotels and Resorts Chao Teng-Hsiung, Chairman, Farglory Group Ow Chio Kiat, Executive Chairman, Stamford Land Corporation Ltd. Gerald Lawless, Executive Chairman, Jumeirah Group |
| 11:00 | Session XI Grand Ballroom Going the distance Eat well, sleep enough, exercise, manage stress, live a balanced life – is this so hard when you work 80 hours a week or more? If success is an endurance game, how do you go the distance if your health is being compromised? What innovations in medical science enable us to better understand our bodies, prevent sickness and treat diseases? How are companies in medical technology and health care capturing the opportunities and launching ground-breaking ideas, products and services? How are governments and entrepreneurs meeting the demand for better health care in countries with growing populations and middle classes? Is globalization helping the people at the bottom of the pyramid to gain access to the right care? And how are entrepreneurs addressing the opportunities in lifestyle luxuries and must-haves that enhance our well-being? Moderated by Rich Karlgaard, Publisher, Forbes magazine Confirmed speakers: Stefano Pessina, Executive Chairman, Alliance Boots Dr. Cyrus S. Poonawalla, Chairman and Managing Director, Serum Institute of India Ltd. Steven Thompson, CEO, Johns Hopkins Medicine International Ron Sim, Chairman and CEO, OSIM International Ltd. |
| 12:00 | Networking cocktail
Grand Ballroom Foyer |
| 12:30 | Lunch and Session XII Grand Ballroom Over the horizon: Steve Forbes talks to Her Excellency Reem Ibrahim Al Hashimy, UAE Minister of State The Forbes Global CEO Conference will take place in Dubai on October 21–23, 2012. Steve Forbes talks to Her Excellency Reem Ibrahim Al Hashimy about Dubai’s economic prospects, investment climate and what delegates can look forward to next year. |
| 14:00 | Session XIII Grand Ballroom The giving path Steve Forbes once remarked: “The best eradicator of poverty is through commerce, innovation, and turning scarcity into abundance.” How are today’s agents of change and social innovators putting this idea to the test? How are individuals, foundations and companies finding the most effective ways to give and apply resources to address global humanitarian concerns? How are CEOs and entrepreneurs exercising the same smarts in philanthropy as they do in business to support areas such as health, education, arts and culture among others? Western philanthropists such as Bill Gates and Warren Buffet are not shy about asking the wealthy to give away their fortune. What is model for philanthropy in developing countries? Moderated by Cecilia Zecha, Programming Director, Forbes Asia Confirmed speakers: Henri Loyrette, President and Director, Louvre Museum Anu Aga, Director, Thermax, Chairperson, Thermax Social Initiative Foundation Vijay Amritraj, Founder, Vijay Amritraj Foundation Sandiaga Uno, Founding Partner, Saratoga Capital Tony Fernandes, Group CEO, AirAsia Berhad |
| 15:05 | Session XIV Grand Ballroom Crossroads to the world What makes a country and its leading companies globally competitive? What kind of leadership is necessary to make it possible? How should public and private sector leaders create visions for economic development and put the right policies and investment strategies into practice? In the early 21st century, what are the most important attributes of economic power? Is it the ownership of natural resources, demographics, human capital, creativity and innovation, or entrepreneurship and free enterprise? How can these attributes be cultivated by the right leadership? Some believe that a country that can remake itself as a crossroads to the world has true political and economic power. How can one create such a global center of networks, hubs and communities, where people of diverse cultures, talents and disciplines, can intersect at junction points to connect on how best to accelerate prosperity? How can the best minds in government and business create and make the most of such a meeting point? Moderated by Tim Ferguson, Editor, Forbes Asia Confirmed speakers: Kumar Birla, Chairman, Aditya Birla Group Lindsay Fox, Founder, Linfox Joseph E. Aoun, President, Northeastern University Nazir Razak, Group Chief Executive and Managing Director, CIMB Group Zong Qinghou, Chairman, Hangzhou Wahaha Group |
| 16:10 | Session XV Grand Ballroom A Meeting of Minds: Steve Forbes talks to YAB Tan Sri Dato’ Haji Muhyiddin Bin Mohd Yassin, Deputy Prime Minister and Minister of Education, Malaysia |
| 16:55 | Closing remarks by Rich Karlgaard, Publisher, Forbes magazine |
| 17:00 | End of the 11th annual Forbes Global CEO Conference |















