AMTD joins hands with Xiaomi, Singapore Management University and National University of Singapore School of Systems Science to launch Digital Finance Leadership Program

Approved by the Ministry of Education of Singapore, the Digital Finance Leadership Program jointly initiated by AMTD, Xiaomi, Singapore Management University and National University of Singapore School of Systems Science will provide in-depth digital business transformation and financial perspectives for Singapore and the entire ASEAN region, and cultivate a new generation of digital finance leaders.

Recently, AMTD took the lead in jointly launching the "AMTD-Xiaomi-Singapore Management University-National University of Singapore School of Systems Science Digital Finance Leadership Program" ("AXSI Project") with Xiaomi, Singapore Management University (SMU) and National University of Singapore School of Systems Science (NUS-ISS). Calvin Choi, Chairman and President of AMTD Group and Founder of AMTD Charity Foundation, Zhou Shouzi, Senior Vice President and President of International Department of Xiaomi Group, Professor Lily Chiang, President of Singapore Management University and Vice President Yinnie Koh, Professor Eng Chye Tan, President of National University of Singapore and Khoong Chan Meng, CEO of National University of Singapore School of Systems Science, attended the cloud signing ceremony. Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore, attended as a special guest to witness.

Cloud Signing Ceremony

The AXIS program aims to strengthen Singapore’s leading position as a fintech and innovation hub by enhancing the knowledge and capabilities of senior financial and regulatory leaders and Asian fintech entrepreneurs in digital business transformation and digital finance, helping them use digital financial solutions and services to drive business success.

The AXSI program will fully leverage the strengths of four partners: AMTD’s leadership and resource network in digital financial services and AMTD SpiderNet; Xiaomi’s deep experience in digital technology services, consumer IoT and innovation; Singapore Management University’s expertise in digital finance, law and government governance and its excellent track record in building leadership programs; and the School of Systems Science at the National University of Singapore’s expertise in cybersecurity and artificial intelligence.

In addition to the 5-day senior management program in Singapore, participants in the AXSI program will also participate in study tours hosted by AMTD and Xiaomi in Hong Kong and Beijing respectively. They will be able to gain first-hand information and forward-looking views on fintech developments in both companies and the rich opportunities offered by the two cities. In Singapore, the program includes cutting-edge content on Asia’s new financial ecosystem, financial innovation, sustainable and green finance, fintech solutions and cybersecurity. In addition to topics related to fintech, participants will learn and share discussions and practices on many major global issues in the "post-epidemic" era, including how to become a responsible and flexible leader.

Participants, including regulators, company leaders and fintech entrepreneurs from different fields of the fintech ecosystem in the Greater Bay Area, Southeast Asia and other parts of Asia, will learn and communicate with policymakers, scholars and industry experts in the project. Interactions with practitioners from all over the world can broaden participants' horizons and see existing and emerging opportunities and challenges in these rapidly developing regions. Through joint learning, participants will join a powerful shared platform to promote collaboration and development in the field of digital finance.

Calvin Choi, Chairman and President of AMTD Group and Founder of AMTD Charitable Foundation, said, "AMTD has always been a supporter, participant and builder of the Singapore Fintech community, working hard to promote the innovative development of digital finance in Singapore. AMTD Digital, the digital finance arm of AMTD Group and headquartered in Singapore, uses its 'Fusion Fusion' strategy and AMTD Spider Web ecosystem to empower entrepreneurs in Singapore and support talent cultivation and skills development. We are pleased to continue to support talent development in the Lion City through this digital finance leadership program, providing an opportunity for continuing education and business connections in Singapore and other regions."

Xiaomi Group Senior Vice President and President of International Department Zhou Shouzi said, "We are excited to join hands with our long-term partner AMTD to jointly establish this program in Singapore today. We look forward to sharing our experience as a technology and Internet company, and opening up our supply chain and Fintech ecosystem to Singapore's Fintech leaders. We are honored to participate in this project to help them strengthen their leadership and understanding of leading technologies, and strengthen Singapore's financial The competitiveness of the technology ecosystem. ”

Singapore Management University President Professor Lily Chiang said, “The rapid development of digital technology and the advent of the digital economy have brought transformational impacts to business, government management and society. We need executives, entrepreneurs and policymakers who are up-to-date, flexible and able to accept multi-disciplinary solutions to promote the business success of Singapore, Southeast Asia and the Greater Bay Area, and lead the development of fintech and financial innovation. We firmly believe that participants in the AXSI program will be able to learn professional experience and skills and make significant contributions to the field of digital finance. ”

National University of Singapore President Professor Tan Eng Chye said, “The era we are in is a major change that has not been seen in a century, and it is urgent for us to fully hone our skills. AXSI Digital Finance Leadership aims to strengthen the capabilities of fintech leaders. The gift agreement signed today highlights our continued support for the cultivation of digital talents in the industry through the School of Systems Science. We would like to thank AMTD, Xiaomi and SMU for working with us to develop the digital financial ecosystem and create a better future in the ‘post-epidemic era’.” ”

AMTD and Xiaomi Finance will donate a total of S$5 million to support the AXSI project. This donation will be used to help the Singapore Management University and the School of Systems Science of the National University of Singapore to establish relevant curriculum systems and teaching resources, as well as to support the costs of organizing and managing this project. Part of it will also be used as scholarships to attract more outstanding participants from the public sector to join this project.

The AXSI project will be held twice a year, and the first batch of participants will be welcomed in November this year. There will be no more than 25 participants in each round. The first round of the project will start at the same time as the Singapore Fintech Festival, which will bring insights from global thought leaders, showcase innovative solutions, and include global entrepreneurs, investors and innovators. Participants in the first round of the AXSI project will be invited to participate in the Fintech Festival.

For application, please click the link or read the original text: https://exdmarketing.smu.edu.sg/acton/media/11523/digital-finance-leadership

About AMTD Group

AMTD Group is a leading integrated financial services group in Asia. Its financial services businesses include investment banking, asset management, digital banking, digital insurance and risk solutions, and non-financial services businesses include real estate investment and hotels, education, digital media marketing and data intelligence services and digital economy investment.

AMTD International (NYSE: HKIB; SGX: AMTD Digital is the digital finance arm of AMTD Group and one of Asia's unique diversified digital technology platforms. Its main businesses include digital finance licenses and services, digital media marketing and data intelligence analysis, digital network construction and collaboration, and digital economy investment. AMTD Risk Solutions, a subsidiary of AMTD Digital, is the largest corporate insurance brokerage company in Hong Kong. AMTD and Xiaomi jointly established Airstar Bank, which successfully obtained one of the first eight virtual bank licenses issued by the Hong Kong Monetary Authority. AMTD also joined hands with SP Group, one of Singapore's largest companies, Xiaomi and Funding Societies jointly applied to initiate the establishment of a digital wholesale bank in Singapore. Earlier this month, AMTD Digital completed the acquisition of PolicyPal, a leading insurance technology company in Singapore. This is also the first Internet insurance technology company in Asia to use the insurance regulatory sandbox approved by the Monetary Authority of Singapore. This marks the first controlling stake acquisition in the insurance technology industry in Southeast Asia since the outbreak of the new crown epidemic.

AMTD Group also has diversified businesses in real estate investment, hotels and education, including AMTD Real Estate’s acquisition of a landmark building in Singapore and renaming it AMTD Singapore Oakwood Premier Building.

About AMTD Charity Foundation

AMTD Charity Foundation is a charitable organization founded by Mr. Calvin Choi. Adhering to the charitable spirit of "grateful to the society and serving the public welfare", it continues to practice corporate social responsibility from different aspects. Therefore, AMTD Group established the AMTD Foundation, which focuses on social welfare, to help the poor and support education, and to support disadvantaged groups in Hong Kong and around the world. AMTD has been actively supporting various charitable activities and serving the public welfare, including co-hosting the "Caritas Warms Hearts" Charity Gala with Caritas Hong Kong, the largest public welfare charity in Hong Kong, for twelve consecutive years, and fully supporting the research activities of the "AIDS Research Foundation", the world's largest AIDS research organization. AMTD also co-founded the "AMTD Fintech Center of the School of Business of Hong Kong Polytechnic University" with the Hong Kong Polytechnic University and cooperated with the University of Waterloo in Canada to establish the "AMTD Innovation Center". In April 2020, AMTD Group and AMTD Foundation cooperated with the ASEAN Financial Innovation Network to establish the S$50 million AMTD ASEAN Solidarity Fund, which aims to provide support and assistance to fintech companies in ASEAN countries during the epidemic. Last month, AMTD Group and AMTD Foundation, as well as the Monetary Authority of Singapore and the Singapore Fintech Association, also announced the launch of the S$6 million Singapore Monetary Authority-Singapore Fintech Association-AMTD Fintech Solidarity Fund Fintech Solidarity Fund.

About Xiaomi Group

Xiaomi Group was founded in April 2010 and was listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is an Internet company that focuses on smartphones and smart hardware with an IoT platform at its core.

Xiaomi focuses on innovation and quality, and constantly pursues high-quality user experience and operational efficiency. The company relentlessly creates amazing products at honest prices, allowing people around the world to enjoy a better life through innovative technologies.

Xiaomi is currently the world's fourth largest smartphone brand and has built a world-leading consumer IoT platform that connects 252 million smart devices (excluding smartphones and laptops). Xiaomi products are available in more than 90 countries and regions around the world. In July 2019, the company entered the Fortune Global 500 list for the first time, ranking 468th among all companies and 7th among Internet companies. Xiaomi is the youngest company on the Fortune Global 500 list in 2019. In May 2020, the company once again topped the Forbes Global 2000 list, with its ranking jumping to 384th.

About Xiaomi Finance

Launched in May 2015, Xiaomi Finance is a financial technology service platform and a subsidiary of Xiaomi Group (1810.HK).

Xiaomi Finance's current fintech business focuses on consumer lending and supply chain financing. With a sound risk management model and technical capabilities, as well as a wide user base and supply chain partners, Xiaomi Finance has grown rapidly. Xiaomi Finance is also actively exploring other fintech business opportunities, including third-party payment, wealth management, insurance technology, virtual banking, etc. Its subsidiary Airstar Bank officially opened in Hong Kong this month.

About Singapore Management University

Singapore Management University is a leading university in Asia, internationally renowned for its world-class research level and excellent teaching. Founded in 2000, SMU's mission is to conduct cutting-edge research with global impact and cultivate broad-based, creative and entrepreneurial leaders for the knowledge-based economy. SMU's education is known for its highly interactive, collaborative and project-based learning approach.

With more than 10,000 students in undergraduate, graduate professional and postgraduate research programs, SMU consists of six schools: School of Accountancy, Lee Kong Chian School of Business, School of Economics, School of Information Systems, School of Law and School of Social Sciences. SMU offers a large number of bachelor's, master's and doctoral degree programs in subject areas related to these six schools and in multidisciplinary combinations of these areas.

SMU emphasizes rigorous, high-impact, multidisciplinary and interdisciplinary research on Asian issues of global relevance. SMU faculty collaborate with leading international researchers and universities, as well as partners in the business and public sectors. SMU's city campus is located in the heart of Singapore with modern facilities. It has established strategic links with businesses, government and the wider community.

About the National University of Singapore (NUS)

The National University of Singapore (NUS) is Singapore's flagship university, which provides global education, research and entrepreneurship with a focus on Asian perspectives and expertise. NUS has 17 colleges across three campuses in Singapore and 12 overseas colleges around the world. Nearly 40,000 students from 100 countries enrich NUS's vibrant and diverse campus community.

NUS's multidisciplinary and practical approach to education, research and entrepreneurship enables it to work closely with industry, government and academia to solve critical and complex problems relevant to Asia and the world. Researchers from the Faculty, 30 university-level research institutes, centres of excellence and corporate labs focus on topics such as energy, environment and urban sustainability; treatment and prevention of diseases common among Asians; active, happy and interactive aging; advanced materials; and risk management and resilience of financial systems. The latest research focus is on using data science, operations research and cybersecurity to support Singapore's "Smart Nation" initiative.

About the Institute of Systems Science

The Institute of Systems Science at the National University of Singapore (NUS-ISS) was established in 1981 to develop digital talent for the industry through graduate education, executive education programmes, consultancy and research services. Widely regarded as the champion of Singapore's SkillsFuture movement, the Institute of Systems Science keeps the digital economy always learning and always ahead of the curve.

The Institute of Systems Science has implemented a unique combination of learning pathways and offers a wide range of programmes in key industry disciplines such as software development, data science, artificial intelligence, cybersecurity, smart health, digital government and digital innovation. Its programmes are delivered by people with an average of more than 20 years of industry experience.