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FT Asian Financial Centres Summit in Seoul
Numerous VIPs to Attend April 12-13 Summit
Financial Times newspaper

The Financial Times on March 9, 2006 announced the inaugural FT Asian Financial Centres Summit will be held in Seoul on April 12 and 13, 2006.

Sponsored by Seoul Metropolitan Government and American International Group, Inc. (AIG), this exclusive event will feature keynote addresses from Dr Alan Greenspan, former US Federal Reserve Chairman, Mr. Rudy Giuliani, former Mayor of New York and Chief Executive of Giuliani Partners, LLP, Yoon Jeung-hyun, Chairman of Financial Supervisory Commission and Governor of Financial Supervisory Service and Kwon Tae-shin,Vice Minister of Finance and Economy, Korea. Held at the Grand Hyatt Seoul, this high-level summit will discuss the opportunities and challenges faced by major financial centers in Asia.

"Asia's financial markets and the effective allocation of capital are crucial factors in sustaining the region's economic dynamism," said John Ridding, editor and publisher, Financial Times Asia. "Financial intermediation within Asia and between the region and other major financial centres is of central importance to the global business community and we are delighted to bring together senior leaders from the public and private sectors for this discussion and debate."

The springboard for the Asian Financial Centres Summit is South Korea's own ambitions to become the asset management hub of Northeast Asia and a major Asian financial centre of equivalent standing to Hong Kong, Singapore and Tokyo. At the core of this plan is the bustling capital Seoul, already a centre for high technology and innovation, which is now seeking to transition itself into a financial powerhouse.

According to Seoul Mayor Lee Myung-bak, "We are honoured to be hosting this prestigious event, organised by the Financial Times. The Summit will serve as a useful discussion forum for the critical issues that we and other financial cities in Asia need to understand and address if we are to achieve our goals. With the impressive platform of respected international speakers attending the conference, we are looking forward to the same high calibre of informed debate and lively analysis as is evident in the pages of the FT on a daily basis."

The Summit will host senior financial sector executives, corporate decision-makers and regulatory and government officials from the around the world and feature keynote speakers Dr. Alan Greenspan (live via satellite), former Mayor Rudy Giuliani, Kwon Tae-shin, Vice Minister of Finance and Economy, Korea and Yoon Jeung-hyun, Chairman of Financial Supervisory Commission and Governor of Financial Supervisory Service, in addition to Mr. Martin Sullivan, Chief Executive of AIG, Mr. Lee Myung-bak, Mayor of Seoul and Mr. David Eldon, Senior Adviser to PriceWaterhouseCoopers, LLC. The two-day Summit will explore such critical issues as:

— The role of financial centres in the global economic and monetary system Success, benchmarks and strategies of major financial centres and Asia's place on the map

— Why location matters; the necessary infrastructure to run a smooth financial hub

— The role of institutions and regulators; how to strike the right balance

— Perspectives from the fund management industry; how to engage capital markets, foreign investment and derivatives trade

— Seoul's prospects as an emerging financial centre

For more information on attending or participating in the FT's Asian Financial Centres Summit, please visit http://afcs.ftasiaevents.com

For Korea-based media, please contact:
O-Joo Kwon : +82-11-9090-2994 (mobile)
+82-2-2016-7200(office) kwono@fleishman.com or
Eva Choi : +82-11-9888-0607 (mobile) +82-2-2016-7271 (office) choiev@fleishman.co.kr

All other media:
Joanne Wong: +852-9427-1249 (mobile)
+852-2530-0272 (office)
wongj@fleishman.com

About the Financial Times

One of the world's leading business publications, the Financial Times is recognized internationally for its accuracy, authority and independence. Since its launch in September 2003, the FT's Asia edition has incisive news reporting with rigorous analysis and inspired commentary. Winner of the Society of Publishers in Asia "Excellence in Newspapers" Award in 2004 and most recently voted the "Best Newspaper in the World" in an independent study of business executives in 50 countries, the FT is widely considered to be indispensable reading for senior decision-makers in business, finance and public affairs. Online visit http://www.ft.com




 

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