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10/17/24, 3:58 PM Latest News
impact of technology and green energy on global economies.

The final day of the summit began with a discussion about ASEAN's economic potential, titled ‘What’s Next
for ASEAN’ with experts pointing out how the 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.

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