Research and Markets: Asia's Banking CEOs: The Future of Finance in Asia.
The Future of Finance in Asia
Asia's banks stand on the edge of a new era. However, challenges from both outside and inside the industry are affecting how they engage this potential. A new breed of banking leader is arising out of this environment, which has seen a series of shocks over the last ten years. As the developing markets emerge and open their markets to outside competition, global banks like Citigroup, Bank of America and the Royal Bank of Scotland are vying with local and regional banks for top spots in Asia's dynamic economies. This book examines the characters and leadership qualities of the CEOs leading these banks, and defines what it is that makes their banks significant as they gear up for the exciting growth years ahead.
Peter Hoflich has written a book which gives a truly informative perspective of banking in Asia. Not only has he profiled a wide range of CEOs of varying background, nationality and ambition, but he has also given valuable insights into the banking infrastructure itself in many countries. Whether it is the astonishing growth story of HDFC under Aditya Puri, the bureaucrat turned banker focus of Guo Shuqing of CCB, the regulatory pressures under which Syed Ali Raza works at National Bank of Pakistan, the new frontier potential of internet-only banks such as Matsuo Taiichi's eBank and Ishii Shigeru's Sony Bank and more--there is something here for every observer of Asian banking. Andrew Long Group General Manager & Head of Global Transaction Banking, HSBC.
If you want to get a good insight into the strategies and thinking that drive bankers in Asia, this is the book for you. It is not very often that you get a chance to know the personal philosophies of bank executives, but also something about their backgrounds and histories. This book gives great insights into where some of the most important banks in Asia are headed and what challenges they face. The scope is very broad, featuring banks and bank executives in Japan, China, Korea, India, Pakistan, Thailand and Sri Lanka. Not only are the largest banks covered but also the smaller ones, and one of the more interesting sections is about the executives that run the internet banks. A fascinating and well-written book. Mark Mobius President, Templeton Emerging Markets
This is an always interesting and often intriguing look behind the scenes at some of the Asian financial institutions that are helping to shape our future and the bankers who run them. Peter Hoflich has a provocatively edgy style that makes for a quick read. Craig Weeks Managing Director, Global Trade Services, JPMorgan Whether you lived through the Asian financial crisis, are new to the region, or are a veteran global banker, this book is enlightening. Peter Hoflich captures the essence of some of the great leaders in Asian banking, their institutions and environments. He reveals how they formed or transformed institutions at lightning speed during the past decade resulting in some of the largest global banks and some of the most nimble. The personalities shine through with descriptions such as "a salty northerner" and "the grizzled demeanor of a chain smoker." Most have passion and vision plus strong disciplines to liberate hidden potential both for their countries and for the global banking industry. An inspiring read. Karen Fawcett Group Head of Transaction Banking, Standard Chartered Bank
Key Topics Covered:
1. The GiantsBig and Bigger
- Jiang Jianqing, Industrial and Commercial Bank of China - Saito Hiroshi, Mizuho Corporate Bank - Kang Chung-won, Kookmin Bank
2. VisionariesChanging the Rules
- Aditya Puri, HDFC Bank - Ma Weihua, China Merchants Bank - Banthoon Lamsam, KasikornBank
3. The UpstartsMessing With the Formula
- Teresita "Tessie" Sy and Nestor Tan, BDO - Sunil Kaul, Citibank - Jimmy Kurniawan Laihad, Bank Buana
4. The RebuildersStarting Over, But Not From Scratch
- Vichit Suraphongchai, Siam Commercial Bank - Syed Ali Raza, National Bank of Pakistan - Guo Shuqing, China Construction Bank - KK Tan, Bank of Ayudhya
5. The ManagersEngaging entropy
- Raymond Or, Hang Seng Bank - Thierry Porte, Shinsei Bank - Kim Seung-Yu, Hana Bank - Yan Xiaoyan, Bank of Beijing
6. The Niche Builders - Catching cookie crumbs - A unique breed: the varied leadership of Japan's three Internet-only banks:
- Matsuo Taiichi, eBANK, and Ishii Shigeru, Sony Bank - Simon Cooper, HSBC Korea - Alberto Villarosa, Security Bank - Mark Devadason, Standard Chartered Bank
7. The Emissaries
- Fighting the new fight
- Ha Yung-ku, Citi Korea - Sebastian Paredes, Bank Danamon - Rajendra Theagarajah, Hatton National Bank
For more information visit http://www.researchandmarkets.com/research/d7d716/asias_banking_ceo