Artificial Intelligence Association of Hong Kong Set to Propel AI Innovation Across Key Industries

Founding Members from Pillar Industries and the Leaders in the AI Community
Come Together to Celebrate the Launch of the Association

HONG KONG, Nov. 29, 2024 /PRNewswire/ --The Artificial Intelligence Association of Hong Kong (AIHK) is excited to announce its official launch and its plans to propel Hong Kong's AI innovation. AIHK is an independent, industry-agnostic platform dedicated to promoting and advancing the development, adoption, commercialization, and use of AI across businesses, corporates, enterprises, institutions and organizations that operate in Hong Kong and beyond.

AIHK is founded and chaired by Neil Tan, who has over 20 years of experience in corporate strategy, mergers & acquisitions, business and partnership development across the banking, management consulting and tech industries. Neil is currently the Managing Partner at Tsunami Advisors, an advisory and consulting firm dedicated to helping FinTech, Artificial Intelligence, Digital Asset, and Web3 firms expand, grow and scale in the Asia Pacific Region. He is also one of the committee members of Task Force on Promoting Web3 Development established by the Hong Kong SAR Government under Financial Secretary Paul Chan.

"Our mission is clear: to position Hong Kong as a global AI innovation hub. By bringing together leaders from various sectors, we will create a collaborative environment that fosters AI innovation and accelerates the adoption of the technology to drive growth for key industries that make up Hong Kong's economy. The association will provide the perfect platform for business leaders, technology innovators and the public sector to come together to advance the understanding, application and use of AI for the betterment of business, industry and society," said Neil Tan, Founder & Chairman of AIHK at the launch ceremony. 

AIHK's Founding Members include C-Suites and senior executives from prominent organizations including AXA Hong Kong and Macau, Cathay Pacific, Clifford Chance, Chow Sang Sang, DBS Bank, HKT, Li & Fung, Prudential Hong Kong, PwC HK, Standard Chartered, Tessellation and Towngas to name a few. Founding Members represent key sectors in Hong Kong including the consumer, energy, finance, insurance, legal, logistics, manufacturing, retail, telecom, and transport sectors, and all of them have roles and responsibilities for driving the AI strategy and execution within their respective organizations.

AIHK's Mission and Vision

AIHK was set up with the goal to foster a vibrant AI ecosystem and better position Hong Kong as a leading AI innovation hub. AIHK's mission is to help businesses and organizations harness the potential and power of AI, align with international standards and introduce new AI-related use cases and applications to boost productivity, efficiency and competitiveness across the key industries in Hong Kong.

The four pillars of AIHK's strategy includes:

Calling on Industry Leaders and Members of the AI Community

Whether it's an individual who wants to contribute to Hong Kong' AI development, corporations that are looking towards digital transformation, or Small to Medium-sized Enterprises (SMEs) and startup ventures looking to AI to scale their business and operations, AIHK welcomes industry leaders and corporate members of the AI community to participate. AIHK will focus on growing its network, members' expertise and technical know-how to help shape different industries and together, advance the development, adoption, commercialization, and use of AI across Hong Kong and beyond.

AIHK membership will provide members with exclusive networking opportunities, access to AIHK-organized events, on-demand webinars, contribution to industry whitepapers, discounts to workshops and seminars, as well as co-marketing and thought leadership opportunities.

A word from AIHK's Corporate Founding Members

Dominic Maffei, Head of Digital Assets & Fintech, Hong Kong, at Standard Chartered, remarked, "AI-driven innovations are not just trends; they're essential for staying competitive in the evolving financial landscape. Incorporating AI into operations allows businesses to predict market trends and enhance efficiency."

Natasha Cheng, Director of Tessellation Group, said, "AI accelerates design and prototyping process, optimizes supply chains with accurate demand forecasting, automates production for efficiency, enhances quality control through image recognition, enables mass customization, and offers insights into consumer behavior – ultimately saving costs and time for a more agile future."

Queenie Chan, General Manager of Business Analytics & e-Development at Towngas, said, "Artificial intelligence is set to revolutionize the energy sector by enhancing operational efficiency and optimizing customer engagement strategies. The establishment of the Artificial Intelligence Association of Hong Kong is a crucial initiative that will drive innovation and collaboration across industries, positioning Hong Kong as a global leader in AI advancements."

Rocky Mui, Partner at Clifford Chance, highlighted the importance of regulation and said, "The decisions made by regulators in the coming months and years about how to regulate AI will be critical to the AI innovation landscape in Hong Kong and beyond. AI regulation should promote agility, innovation and clarity for businesses, but also transparency, accountability, and fairness, ensuring that AI systems are designed and deployed in a manner that aligns with ethical standards and societal values. Collaboration between regulators and industry will be key to ensuring that we have a responsible AI policy that strikes the right balance between fostering innovation and safeguarding stakeholders."

Sam Lim, Chief Information Technology Officer of Prudential Hong Kong, stated, "Artificial Intelligence is revolutionizing the insurance industry. Our unwavering commitment to Al applications ensures that we consistently deliver value and security to our customers."

About AIHK
The Artificial Intelligence Association of Hong Kong (AIHK) is a non-profit association dedicated to promoting and advancing the development, adoption, commercialization, and use of AI across businesses, corporates, enterprises, institutions and organizations. The mission of AIHK is to propel and position Hong Kong as a global AI innovation hub by bringing together leaders from various sectors, creating a collaborative environment that fosters AI innovation and accelerating the adoption of the technology to drive growth for key industries that make up Hong Kong's economy.

For more information, please visit LinkedIn page or email contact@aihongkong.org. 

Appendix

List of Founding Members by alphabetical order:
 (Corporate Founding Members are designated with *)

Founding Members

Title

Company

Alan Lau

Chief Business Officer

Animoca Brands *

Andrew Eldon

General Manager, Digital Experiences 

Cathay Pacific

Ankit Suri

CEO & Founder

Planto

Benson Wong

Managing Director, Head of Digital Products and Channels, International Private Bank

JPMorgan Chase & Co.

Caroline York          

Director of Marketing

Serotonin

Dominic Maffei

Head of Digital Assets & Fintech HK

Standard Chartered *

Gary Ho

Chief Information Officer

AXA Hong Kong and Macau *

Jeanne Lim

CEO & Founder

BeingAI

Keith Ip

Chief Technology Officer

Li & Fung

Kok Tin Gan

Founder of PwC's Darklab

PwC HK

Marcos Chow

Group Chief Information Officer

HKT

Medhy Souidi

Head of Innovation & Experiences

DBS Bank

Natasha Cheng

Director

Tessellation

Neil Tan

Founder & Managing Partner

Tsunami Advisors

Peggy Lau

Director Artificial Intelligence

Chow Sang Sang

Queenie Chan

General Manager, Business Analytics & e-Development

Towngas *

Rocky Mui

Partner

Clifford Chance *

Sam Lim

Chief Technology & Digital Officer

Prudential Hong Kong *

Yannick Mahé

Head of Business Engineering & Growth Engineering, Greater China Region

Meta

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Artificial Intelligence Association of Hong Kong Set to Propel AI Innovation Across Key Industries

Artificial Intelligence Association of Hong Kong Set to Propel AI Innovation Across Key Industries

SHANGHAI, Nov. 29, 2024 /PRNewswire/ -- Concordia International School Shanghai had the honor of welcoming world-renowned scholar and "father of big data," Professor Viktor Mayer-Schönberger, to campus this November. The Oxford professor delivered a thought-provoking seminar to Concordia high school students and the wider community, delving into the transformative power of big data and its evolving role in Generative AI.

Professor Mayer-Schönberger captivated his audience with real-world examples of data analytics and its intersection with ethical governance, bias identification, and innovative insights in a digital age. His engaging presentation sparked curiosity and discussion, demonstrating his deep expertise and passion for empowering the next generation of data-driven thinkers.

Reflecting on the seminar, Shreyas S. (Class of '25) said, "Prof. Mayer-Schönberger really brought a new perspective on tackling biases within large datasets – and using them to identify these biases in real life to address them."

Parents in attendance also praised the opportunity. Professor Shameen Prashantham, a Concordia parent and professor at the China Europe International Business School (CEIBS), described the experience as a "world-class learning opportunity." He added, "One of the great things about living in Shanghai is that it's not uncommon to cross paths with impressive people like Viktor who visit this great city — but what was unique about this interaction for me is that it didn't take place at my illustrious business school or at a glitzy corporate event. It took place at my kids' high school!"

The event became even more exciting when Professor Mayer-Schönberger announced a special collaboration with Concordia student Iris L. (Class of '26), who will illustrate one of his upcoming books. Together, they plan to create a picture book aimed at inspiring younger generations of big data enthusiasts.

Concordia's reputation as a hub for innovation in Big Data was further cemented by this visit. For over a decade, students in the school's Applied Learning Big Data Analytics program have achieved global recognition under the guidance of high school teacher Dr. Peter Tong. Since 2014, Concordia students have presented at international big data conferences, earning accolades such as Best Presentation Awards and creating a big data online course to expand learning opportunities.

Earlier this year, nine Concordia students presented their research at the International Conference on Big Data and Education (ICBDE) 2024 at Oxford University, where they had the opportunity to connect with Professor Mayer-Schönberger.

These experiences, coupled with inspiring moments like Professor Mayer-Schönberger's seminar, are equipping Concordia students with the critical analytical skills and future-focused mindset needed to excel in an increasingly data-driven world.

About Concordia International School Shanghai

Concordia International School Shanghai is a leading international school known for its commitment to academic excellence and holistic education. With a strong focus on STEM, arts, and applied learning programs, Concordia nurtures bright futures by preparing students to thrive in an ever-changing global landscape.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Oxford's Big Data Pioneer Inspires Students at Concordia Shanghai