Hong Kong’s de facto central bank plans to turn its annual bankers’ summit into an “anchor event” for the world’s financial industry in the second half of every year, as its 2024 edition has completely sold out a month ahead of its scheduled commencement.
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More than 100 chairpersons and CEOs of global banks have confirmed their attendance at the third edition of the Global Financial Leaders’ Investment Summit from November 18 to 20, according to the Hong Kong Monetary Authority (HKMA). The 300-person capacity at the summit’s venue, the Grand Hyatt hotel in Wan Chai, is completely filled, with some financiers remaining on the waiting list, the HKMA said.
The HKMA “is likely to do it every year as the flagship event for Hong Kong,” its chief executive Eddie Yue Wai-man said in an interview with the South China Morning Post. “We are seeing more satellite events surrounding the summit. It’s good for Hong Kong if we continue to have this to be the anchor for a high-powered finance week.”
The summit’s attendees list reads like the who’s who of global finance. Many of them are returning attendees, like Citigroup’s CEO Jane Fraser, Standard Chartered Bank’s CEO Bill Winters and UBS Group’s chairman Colm Kelleher, underscoring their organisations’ commitment to Hong Kong. Some are making the trek to the event for the first time, like BNP Paribas chairman Jean Lemierre, Bank of China chairman Ge Haijiao, HSBC’s CEO Georges Elhedery and the Mitsubishi-UFJ Financial Group chairman Mike Kanetsugu.
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