By 2035 Asia will be responsible for 51% of global energy consumption with demand growing 3.5% each year. With such clear energy investment opportunities and because NBAD has a prime central location within the West East Corridor there are many issues and questions around the future of energy, sustainability and finance that remain unanswered.
Demand for energy in Asia is a very hot topic. Data from The Ministry of Energy and Mineral Resources shows that Indonesian energy demand has been growing by around 7% per year, increasing faster than economic development and population growth (1.1%).
NBAD is uniquely located at the heart of the West east Corridor, and perfectly placed to lead the facilitation of trade across the new ‘Super Region’. Energy will play a major role in that development.
Four main themes covered:
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Tan Sri Rastam Mohd Isa was appointed as the Chief Executive of ISIS Malaysia on 1 January 2014. Tan Sri Rastam spent more than 36 years as a career diplomat in the service of the Government of Malaysia. Throughout his career at the Ministry of Foreign Affairs Tan Sri Rastam participated in numerous bilateral, regional and international meetings at the Summit, Ministerial and senior officials’ levels. He also attended many meetings and conferences at the United Nations, including at the General Assembly, Security Council, Economic and Social Council (ECOSOC) and Human Rights Council, as well as meetings of various UN bodies in New York, Geneva, Vienna and other cities.
Datuk Torstein is the CEO of Sarawak Energy (SEB); a position he has held since November 2009. He leads the utility company, responsible for development, generation, transmission, distribution and retail of electricity, to serve more than 500,000 customers throughout the State of Sarawak. Torstein has also been a Director on the Board of the International Hydropower Association since 2011.
Prior to joining Sarawak Energy, Torstein was the President and CEO of Europe’s biggest shipbuilding group, Aker Yards ASA, with 15,000 employees, listed on the Oslo stock Exchange. The company was acquired fully by the Korean STX Group in 2008 and renamed to STX Europe. He left STX Europe in 2009 after the company had been restructured, delisted from Oslo Stock Exchange, and integrated into the Korean STX Group of Companies. Before Aker Yards ASA, Torstein served for 27 years in the Norwegian Industrial Conglomerate Norsk Hydro.
Anthony J. Jude is a Senior Advisor in the Office of the Director General of the Regional and Sustainable Development Department, and concurrently Practice Leader (Energy) at Asian Development Bank (ADB). His task is to track global and regional developments, and identify issues that may have bearing on ADB's energy policy and operations.
Anthony provides leadership and guidance to staff in ensuring a continuous learning environment; encourages innovations and facilitates change for addressing issues and barriers, generating options, strengthening energy security in developing member countries (D.M.C.s), and pursuing environmentally sustainable and inclusive economic growth.
Mr. Marc Mollema has been Managing Director and Global Head of Energy & Resources at National Bank of Abu Dhabi since July 2014, leading NBAD’s Energy and Resources portfolio with a growing team of sector specialists. Marc, who has 16 years of experience in the energy sector, joined NBAD from BNP Paribas. At BNP Paribas, he served as regional head of energy & commodities - Middle East & Africa, and was responsible for BNP Paribas’s global account strategy for its key clients in the oil, Gas, metals and mining sectors.
Lisa Oake is the former co-host of CNBC Asia’s top-rated morning programme Squawk Box. She has sixteen years of experience covering global economics, business and politics. Lisa has conducted thousands of interviews with CEO’s, central bank governors and heads of state including Indonesia’s Susilo Bambang Yudhoyono, Thailand’s Abhisit Vejjajiva, New Zealand’s Helen Clarke and Canada’s Kim Campbell. She holds a Master’s degree in journalism from Canada’s University of Western Ontario.