McKinsey partners Bloomberg Singapore forum on shifting global economy

08 October 2018 2 min. read

The first round of speakers have been announced for Bloomberg’s Inaugural New Economy Forum to be held in Singapore next month, with McKinsey serving as the event’s official knowledge partner and Bain chairman Orit Gadiesh  among the featured guest speakers.

Hosted by former New York mayor and media magnate Michael Bloomberg, the inaugural New Economy Forum to be held in Singapore over the 6th and 7th of November will bring together hundreds of preeminent business and political leaders to discuss the changing global economic landscape and the potential role of the private sector in overcoming the many growing challenges.

“The new emerging world order is creating emerging challenges - issues that the private sector can take steps to ensure global stability and growth, an urgent mission in the face of chronic inaction by governments,” stated Bloomberg, in reference to the shifting balance of economic power toward China and India and the rise of other emerging economies such as those of the Middle East.McKinsey partners Bloomberg Singapore forum on shifting global economyAccording to a recent forecast by Oxford Economics, cities in Asia will account for nearly half of the world’s economic activity within just two decades, powered by being home to over a third of the planet’s population and the largest labour force in history. Accordingly, one topic the forum will seek to address is ‘Supercities in the 21st Century’, under the theme of Urbanisation, one of six key themes for discussion during the event.

With McKinsey Global Institute acting as the forum’s official knowledge partner, the event will feature a series of key-note addresses, conference meetings, roundtables and in-depth conversations, breakout sessions and closed-door workshops, with the other key themes on the agenda being globalisation and trade, technology, finance and capital markets, climate, and inclusion.

“One of the key aspects that truly sets the Bloomberg New Economy Forum apart from other conferences is its singular focus on developing a set of concrete solutions to address some of the world's greatest challenges,” McKinsey’s Global Managing Partner Kevin Sneader stated. “We will be working closely with Bloomberg and participants at the forum to produce actionable solutions to be led by the private sector, practical enough to see results starting to appear within 12-24 months.”

Among a raft of prominent speakers, including IMF Managing Director Christine Lagarde, Indonesia’s influential Finance Minister Sri Mulyani Indrawati, and Goldman Sachs CEO David Solomon, will be highly-respected Bain & Company chairman Orit Gadiesh, who has held the role at the MBB firm since 1993 and sits on the New Economy Forum advisory board as just one of her major international board-level positions.