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RMB Rising: A New Frontier for the Australia China Relationship
The internationalisation of the renminbi (RMB) is changing the world of global finance. But what does it mean for businesses and why is this trend so important for the Australian market?
The Australia China Business Council is pleased to host a special update on the RMB in partnership with the Commonwealth Bank. Join three of CBA’s most influential experts on the RMB to understand what are the intricacies of the currency and its impact on the development of the Australia China relationship. The speakers will also provide a China economic update and explain what a Free Trade Agreement may mean for the Australia China trade and business.
The seminar will be followed by networking drinks and canapés.
Dr Andy Ji, Asian Economist, CBA
Andy joined CBA in October 2010. Based in Singapore, he is responsible for Asian economics and currency and rates strategy at the Bank. Prior to joining CBA, Andy worked as an Asian currency strategist at RBS and UBS. Andy started his career at the Bank of Finland as an economist and later moved to the European Central Bank. At the ECB, he covered primarily macroeconomic development in Asia and in particular the Chinese economy. He relocated to Singapore in 2005 to take up a similar post at the Monetary Authority of Singapore and was involved in the central bank's monetary policy formulation. Andy graduated with a PhD in Financial Economics.
Sangeeta Venkatesan, Chief Operating Officer, Foreign Exchange, CBA
Sangeeta has over 18 years of experience in the banking and finance industry. Sangeeta is responsible for creating and delivering the Global Foreign Exchange (FX) strategy for Commonwealth Bank of Australia. She drives the implementation of the business’ strategic priorities, including new product development, and infrastructure and people agenda for the business. Sangeeta is a keen sponsor of the division’s Renminbi (RMB) strategy and is a member of Australia’s RMB Working Group.
Mr Joseph Capurso, Australian Economist, CBA
Joseph is a currency strategist and international economist in the Commonwealth Bank of Australia’s currency research team. In this role he is involved in monitoring and forecasting trends in Australian and foreign economies and drawing implications from central bank’s policy, interest rates and currencies. Joseph joined the Commonwealth Bank in 2005 from the economic division of the Prime Minister’s Department. Prior to these roles, Joseph was the forecasting economist at specialist economic modelers, Econtech (now part of KPMG). Joseph started his career in Treasury’s international and macro-economic divisions.
Date: Monday, 20 October 2014
Cost: Free for members, $44 for non-members
Address: Commonwealth Bank Place, South Tower, 11 Harbour Street, Sydney, NSW, 2000