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ABOUT MASIC ANNUAL
INVESTMENT FORUM
The MASIC annual investment forum is an annual event centered on bringing investors, practitioners
and scholars together to debate and share information pertaining to the latest trends
and developments in the areas of economics, finance and investments. The financial investment
in Saudi Arabia is one of the activities that are connected to the economy’s growth,
where the investment fund & portfolio have played a key role in financing different projects of
various economic sectors, which have positive impacts in achieving the development plans
being implemented in the kingdom of Saudi Arabia.

In the past decade, the financial industry has been faced by numerous challenges. These challenges
are largely caused by the global financial crisis of 2008 and the technological progress
that encourages the development of a digital banking system. Regulatory barriers on several
applications of technology in the finance services industry have limited the effect of fintech in
the industry. However, over the years, fintech disruption has been a main factor of consideration
among many leading banks around the world as they seek to change their business structure to
meet the current market demands. There are different fintech solutions that have existed and
continue to be created as people seek to use technology to increase efficiency in their banking
and financial services. According to the 2016 CGI Global 1000 outlook, “over 70% of leaders
cite the rising influence of consumers’ digital behaviours. Customers expect personalized and
seamless digital experiences across channels, with banking, retail and consumer services, and
communications.” Fintech solutions offer borrowers, investors and businesses with faster, cheaper
and straight access to capital for their various undertakings, making them highly competitive
compared to the traditional lenders. Nowadays, consumers seek to avoid the middleman when
performing transactions, a solution that is offered through technology.
Some of the FinTech concepts CGI cited that consumers’ value and demand were as follows:
security, personal financial management solutions, mobile payments, personalized digital experience,
bartering services, alternative currency, mobile cash-flow manager, and robo-advice.
These solutions all seek to reduce the process of making various financial transactions. The

most important concept that consumers look into is the security of their data and money when
choosing a FinTech solution. Consumers also seek the efficiency of monitoring their financial
information through their devices, make payments through their mobile devices, personalized
services for products they would prefer. The implications of these concepts mean that banks
will need to restructure their personnel, service packages and the product range they offer to
consumers to ensure that they meet the rising demands and remain competitive in the industry.
The demand for alternative currency is a challenge whose effect on the financial sector has
not been fully understood. However, there is an increasing demand that consumers would like
a digital currency that is secure to use in real-time and can be used for transactions that transcend
borders.
Globalization is one of the main factors that encourage consumers to demand for a unilateral
currency for use across borders. In 2017, the rise of crypto-currency like Bitcoin caused fear in the
financial industry since the currency was not bound by the regulations that govern operation of
financial institutions. Regulatory entities also need to adjust their regulations to allow consumers
to enjoy the efficiency of alternate currency which promotes e-commerce and globalization.
The regulatory entities need to come up with new regulations guiding how the currency can be
used in different countries across the globe.

Current Data Status 13 Feb 2019 - Graphical Representation

Current Data Status 13 Feb 2019 - Graphical Representation

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TANYA BECKETT
Business Journalists/Anchor/
Reporters British TV
Tanya is currently one of the most experienced business journalists/anchor/reporters around on
British TV. She has returned to the UK having spent three years broadcasting from New York on
Monday - Thursday and Washington DC on Fridays as the ‘BBC World US’ Business Anchor. She
also fronted ‘BBC World News’ on PBS in the States. Since her return she has been working for
BBC World and ‘Newsnight’ BBC2.
Journalism began to interest her and so it was only a short leap from that world into the World
of TV which Tanya made with spectacular success. In 1993 she joined ‘NBC Europe/ CNBC
Europe’ as a Business/political reporter. Between 1993 – 1998 she continued to work for various
Broadcasters such as ‘CNN International – Sky News - Dubai TV’ gaining valuable experience
along the way.
Inevitably the BBC finally beckoned and she became one of the regular anchors for ‘Working
Lunch’ BBC2 quickly followed by becoming one of the regulars on BBC 1’s ‘Business Breakfast’
She also became part of the ‘Business team on ‘News 24 and BBC World’
Tanya is also an experienced, competent and polished presenter/facilitator within the corporate
world. She brings her wealth of business knowledge and experience to whichever event
she is involved in.

S
SCOTT D. ANTHONY
Senior Partner at Innosight
Scott D. Anthony is a senior partner at Innosight and the former managing partner of the firm.
Based in the firm’s Singapore offices since 2010, he has led Innosight’s expansion into the
Asia-Pacific region as well as its venture capital activities (Innosight Ventures).
Scott has advised senior leaders in companies such as Procter & Gamble, Johnson & Johnson,
Singtel, Kraft, General Electric, LG, the Ayala Group, and Cisco Systems on topics of growth
and innovation. In 2017, Scott was awarded the Thinkers50 Innovation Award, which recognizes
the world’s leading thinker on innovation.
Scott is one of Harvard Business Review’s most prolific contributors and is the coauthor of the
new book Dual Transformation: How to Reposition Today’s Business While Creating the Future,
a blueprint for how successful companies can leverage disruptive change to fortify today’s
business and create tomorrow’s growth engine. He was the co-author of the HBR article “Build
an Innovation Engine in 90 Days” as well as dozens of digital articles for the magazine.

A
ANTONY JENKINS
Founder and Executive Chairman of
10x Future Technologies
Antony Jenkins is Founder and Executive Chairman of 10x Future Technologies, a company
that promises to redefine how banks operate and engage with consumers. Antony’s focus on
driving innovation in the digital economy also extends to his role as Group Chairman of Currencies
Direct, the leading UK non-bank provider of foreign exchange and international payment
services; and his role as a board member of Blockchain, the world’s leading software platform
for digital assets. He is a Board Director of Fannie Mae, sitting on the US mortgage lender’s Strategic
Initiatives and Technology Committee and the Nominating and Corporate Governance
Committee. He is also a member of the Consultative Working Group of the European Securities
and Markets Authority.
Antony is a strong believer in the need for businesses to support the future workforce to acquire
the right skills to thrive in the digital era.
He was previously the Group CEO of Barclays plc for three years until July 2015.
Antony holds an MA from the University of Oxford and an MBA from Cranfield School of Management.

TAN SRI AZMAN
MOKHTAR
June 2004 to July 2018T
Managing Director of Khazanah Nasional Berhad
Tan Sri Azman Mokhtar was the Managing Director of Khazanah Nasional Berhad, Malaysia's
strategic investment fund from June 2004 to July 2018. During the 14+ years as its longest serving
CEO, Khazanah established itself as a leading sovereign fund in the region and beyond, as its
portfolio value trebled from RM33bn in 2004 to RM115.6bn at the end of 2017.
Other notable achievements included leading the GLC (Government-Linked Companies)
Transformation Program, the development of the Iskandar Malaysia special development
zone, and the internationalization of Khazanah and its companies and into new growth sectors.
In addition, Khazanah is also well recognized as a leading proponent of impact and responsible
investing, corporate governance, Islamic Finance, and implementing a holistic value
creation framework of Building True Value from a financial, economic and societal value creation
standpoint.
Prior to Khazanah, he co-founded a boutique financial advisory, BinaFikir, and prior to that was
the Head of Investment Research at UBS and Solomon Smith Barney, Malaysia. He started his
career at Malaysia's national electricity utility, Tenaga Nasional.
He obtained a M.Phil. in Development Studies (with distinction) from Darwin College, Cambridge
University and a Diploma in Islamic Studies from International Islamic University Malaysia.
For his services to the nation, Azman was awarded the P.S.M medal by the King of Malaysia in
2008 which carries the title "Tan Sri".

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