Shinnenkai-Luncheon 2023: “The Great Decoupling: Implications for Businesses and Investors”

+ Thank you to those who attended the luncheon!
Have a look at our article to find out what was discussed!

We are pleased to invite you to our “Shinnenkai-Luncheon”! The first SCCIJ event of the year will be the perfect opportunity to address our esteemed Members and Friends and convey our best wishes for 2023.

To open the New Year on a forward-looking note, the event will feature an economic forecast titled “The Great Decoupling: Implications for Businesses and Investors” by Mr. Pierre-Yves Lombard, Representative Director and Head of Private Banking Japan, and Mr. Homin Lee, Asia Macro Strategist, of Lombard Odier Group.

The great decoupling of the global economy is already a reality for all of us. The shocking geopolitical developments in past few years more or less ensure that concerns about national security will remain a powerful driver of global trade and investment decisions, and any sensible medium-term economic outlook for the world will have to incorporate this new paradigm of fracturing of global governance into consideration.
What will be the key developments for multinational businesses and investors to monitor? What is the realistic base case scenario and its economic and financial implications? How will this decoupling affect the global effort to reduce dependence on carbon and increase resilience against climate change? Which economies or industries will be in the best position to navigate this shift?
In their presentation for the SCCIJ, Mr. Lombard and Mr. Lee will argue for an outcome that is more nuanced than the return of Cold War 2.0, with economies with highest strategic flexibility gaining most.

Date & Time:	Thursday, January 26, 2023 12:00-14:00
Venue:	Grand Hyatt Tokyo (MAP) Room “Tarragon”, 3F
Entry Fee:	Members: JPY 6,500 or 1 SCCIJ Voucher 2023 Non-Members: JPY 8,000
Registration:	*Fully Booked* (Deadline: January 22, 2023) Please inform us of dietary restrictions if any. No-shows/cancellations after deadline will be fully charged SCCIJ members will be prioritized.
Inquiries:	By e-mail to info@sccij.jp

Biographies of the Speakers:

Mr. Pierre-Yves Lombard is Representative Director and Head of Private Banking, Japan and manages Lombard Odier’s private wealth management activities from its Tokyo offices. In his last position, Mr. Lombard was Deputy Head of Private Clients Unit, Asia ex-Japan at Lombard Odier, driving the growth and expansion of the bank’s private banking business in Asia. Mr. Lombard joined from Goldman Sachs in London where he was an Executive Director in the Investment Management Division. He advised international ultra-high net worth individuals and managed their wealth and trading. Mr. Lombard holds a Master’s in Banking and Finance with honors from the University of St. Gallen. He is a Chartered Financial Analyst (CFA) and a member of the CFA Society of the United Kingdom. He is also a full alumni of the Harvard Business School having completed an executive MBA program (PLD Program) at Harvard Business School and an executive education custom program at the International Institute for Management Development (IMD).

Mr. Homin Lee is Asia Macro Strategist at Lombard Odier. He is responsible for Lombard Odier’s investment strategy and macro research as well as cross-asset and currency recommendations in Asia. Before joining the firm, Mr. Lee was an economic research analyst at Korea Life Insurance (now Hanwha) Economic Research Institute from 2007-2012, where he managed macro forecasting and thematic research on economies outside South Korea. Previously, Mr. Lee fulfilled his military service duties at Korea’s Ministry of Foreign Affairs and Trade for two years. At the Ministry, he performed legal research and oversaw medium-term demand forecasts for Korea’s travel documents. Mr. Lee holds a master’s degree in economics from the University of Hong Kong and a bachelor’s degree in economics and political science from the University of Pennsylvania. He speaks Korean and English.