The Crisis of our Generation: Opportunities in the New Economy


SGN’s Finance Venture Series is a virtual dialogue, which aims to give a distinctive outlook on the finance landscape in Singapore and the region, through the perspectives of industry experts and thought leaders.

24 May 2021 / By SGN

It’s been more than a year since COVID-19 upended our lives as we know it. As we learn to thrive in this new normal, we had to explore new ways of connecting with our members and to keep our community updated on developments back in Singapore.

With varying travel restrictions and safety measures across different cities, we decided to launch the first of our Finance Venture Series in a hybrid format – virtually for everyone no matter where you are based, and physical networking events for our members in Melbourne and Shanghai.

SGN’s Finance Venture Series is a virtual dialogue, which aims to give a distinctive outlook on the finance landscape in Singapore and the region, through the perspectives of industry experts and thought leaders.

To kick-off SGN’s brand-new Finance Venture Series, we were honoured to have on board Mr Piyush Gupta, Chief Executive Officer of DBS Group as our guest speaker and Mr Tan Yong Wah, Chief Information Officer of the Hong Kong Monetary Authority as our host speaker.

During the hour-long dialogue, Mr Piyush Gupta highlighted trends in the post-pandemic world and new industries to look out for, as well as tackled questions from our audiences during the very exciting Q&A segment. While we ran out of time and couldn’t address all the questions that came in, Mr Piyush covered a wide range of topics – from questions on decoupling between China and USA, adoption of cryptocurrency exchanges by banks to what will happen to physical bank branches and ATMs following the digital revolution!

(left) Mr Tan Yong Wah, CIO of the Hong Kong Monetary Authority; (right) Mr Piyush Gupta, CEO of DBS Group as our guest speaker

Three post-pandemic trends by Mr Piyush Gupta

  1. On hyper- digitalization
    “The pandemic has resulted in people taking to e-commerce a lot faster. For instance, Edu-tech really took off last year due to the need for home-learning. You can observe this in the healthcare industry as well, with telehealth services taking off. The change in people’s thinking has been quite profound.”
  2. On the nature of work
    “With the pandemic, everyone had to learn how to work from home, and this has led to globalization in the workforce – a distributed labour model that is gaining popularity. Today, I can have a team in Silicon Valley, or in any other parts of the world, running projects for us. Remote working – I think that’s the fundamental change.”
  3. On the agenda around sustainability
    “The pandemic taught us that tail risk is real, and there is urgency to address such risks. The second thing the pandemic has done is to give us the confidence and knowledge that we can find resources to handle challenges. If you look at the total fiscal resources the government is supporting with to try to come out of the pandemic – look at monetary policy stimulus packages. Now if we can find that amount of resources in a few short months, then why can’t we find the resources needed to handle the sustainability crisis?

And over in Melbourne and Shanghai, our Regional Directors Leanne and Koi hosted SGN’s first ever hybrid event – a physical networking dinner over a live-streamed talk! For many of our members in Melbourne, this event was the first physical event they have attended in a year and many appreciated the opportunity to catch up with friends. While it is business as usual in Shanghai, we are so glad to be able to bring a Singapore connection over, through our speakers, who so generously shared their insights.

Event highlights in Melbourne:


Event highlights in Shanghai:


Missed out on SGN’s first Finance Venture Series and want to find out exactly what was shared? Sign up with us here to gain exclusive access to the event’s recording and you will also be invited to similar future events.


Don’t stop here, check out these other great reads…

My Tidying Epiphany
It has been a long 2021, and while the new normal is …
Meet the Singaporean Furniture Mavericks Making a Statement on Contemporary Living
It’s not just about cutting-edge design, it’s a way of living. Joshua …
Meet Vanessa Tan, the Tech in Asia Journalist turned Xiaomi Marketing Maestro
When Vanessa Tan joined the founding team at Tech in Asia as …
Going Green from the Red Dot: How Vikas Garg is Empowering Sustainable Consumption with abillion
Singapore is a gastronomical city-state where enjoying good food is a shared …
A taste of home away from home: three food entrepreneurs finding success in the US with SG tastes
Indelibly interwoven with the story of Singapore is the story of our …
The Struggles of Two Generations in Singapore
Caught between his parents’ traditional expectations and new opportunities offered to him …
5Qs with Zhang Jingna, Fashion and Fine Art Photographer
From air rifle gold medalist to Forbes 30 Under 30 fashion photographer, …
Discovery. 发现. Découverte.
Born and raised in Singapore, Juliette explores the world with curiosity and …
Lights, Camera, Advice: Filmmaker Thomas Lim on Success in Showbiz and Life
Singaporean director Thomas Lim, Head of Sun Entertainment Culture Los Angeles, recounts …
Memories of Singapore @ Home
This National Day, we brought the world together to experience a slice …
Meet Daniel Riegler, the Karana Co-founder Creating Asia’s First Plant-based Meat Alternative Using Jackfruit
American Daniel Riegler, co-founder of Singapore-based Karana, tells us how they differentiate …
Singapore Repping with Nigel Stanislaus
What is your childhood dream? Are you living it now? Nigel has …