Prof Tan Chorh Chuan
Prof Tan Eng Chye
Prof Duan Jin-Chuan
Distinguished speakers, guests, ladies and gentlemen
Good morning
Introduction
It gives me great pleasure to join you today at the symposium which marks the opening of Risk Management Institute’s (RMI) new facilities.
RMI is Singapore’s first full-fledged research centre dedicated to risk management. RMI was set up three years ago. The timing could not have been more appropriate. Given the spotlight in the current financial crisis on risk management, the shift of economic weight to Asia, and NUS’ standing as a global university in the heart of Asia, RMI has a major opportunity to play a prominent role in research and education on this critical topic.
Emerging from the current crisis
In recent weeks, confidence has returned to financial markets. More recent forecasts for global economic growth have been revised upwards, including that for Asia.