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region is on track to become the world’s fourth-largest economy by 2030, owing
to its abundant natural resources, large population, and improving business and
governance conditions. The session, which was moderated by Yan Duan,
Founding Partner, Simple Steps, featured speakers namely Ashish Panjabi, COO
of Jacky’s Group of Companies, Hong Kong S.A.R./UAE, Dee Poon, President,
Brands and Retailing, Tessellation, Hong Kong S.A.R., Poonam Balan, Founding
Partner at TACT INVEST Group and DiversityisPOWER, Germany, and Tony Á.
Verb, Founding Partner, Carbonless Asia, Singapore. The group emphasised the
serious risks posed by climate change and underscored the need for significant
collaborations to manage the region’s energy transition.
This was followed by another informative session, titled ‘Banks of 2050:
Enabling the Digital Future,’ which discussed how financial institutions can take
the lead in digital transformation. The session featured panellists from UAE
namely Ronit Ghose, Head of Future Finance, Citi, UAE, Miguel Rio Tinto, CIO,
Emirates NBD, UAE, and Prateek Vahie, Chief Commercial Officer, Wio Bank,
UAE, and was moderated by Suvo Sarkar, Founder and CEO, 3D Advisory, UAE.
The discussion focused on the dual challenges of disruption and innovation,
urging banks to keep up with digital demands.
The summit continued with a session titled ‘Fintech 3.0: Architecting the Future
of Global Finance,’ which discussed fintech’s critical role in driving Web 3.0
infrastructure. Experts discussed ways to overcome regulatory obstacles and
promote inclusive growth, while also emphasising the value of cooperation
between banks, regulators, and investors in paving the way for global
leadership in the evolving digital economy. The panel was moderated by Joshin
Raghubar, Chairperson, iKineo Ventures, UVU Africa, and Inves Group, South
Africa, and featured speakers Mohammad Alblooshi, CEO, DIFC Innovation Hub,
UAE, Faisal Al Hammadi, Managing Partner, Further Ventures, UAE, Gaurav
Dhar, CEO, Marshal Fintech Partners, and Board Member of the MENA FinTech
Association.
Another key session, titled ‘The Digital Future Is Powered by Green
Energy’ presented how renewable asset-backed cryptocurrencies are
transforming the financial sector. The session highlighted how the green energy
market is booming, with investments expected to total USD 11 trillion by 2050.
Speakers of the session included Nathalie Capati, Co-Founder and CEO, Jasmine
Energy, United States, Dr. Noshin Omar, Chairman and Founder, Avesta
Holding, Belgium, Leon Gerard Vandenberg, CEO and CTO, Sunified Group BV,
The Netherlands, and Michael Levesque, President and Chief Technical Officer,
AstralENERGY Renewables Ltd., Canada/UAE. The session was moderated by
Marcel Kasumovich, Deputy CIO, Coinbase Asset Management, UAE/USA.
The next session, ‘Disrupt or Be Disrupted: The New Paradigm of Financial
Intermediation’ looked at how blockchain-enabled services are transforming
traditional banking models. Industry leaders discussed the use of alternative
data sources, advanced analytics, and innovative risk assessment models to
democratise access to capital. Marcel Kasumovich, Deputy CIO, Coinbase Asset
Management, UAE/USA, moderated this enlightening session, which had Sean
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digital-future/