Advocacy Talking Points 16 March 2022
IPO Opportunities for Startups in Asia
Webinar presented by CFA Society Japan and Tokyo Stock Exchange
Webinar PresentationDownload PDF
The interest of venture investors in Southeast Asia has been growing. The Tokyo Stock Exchange is seen as one of the most attractive venues for exit strategies by startups and venture capital in the region, as exemplified by two cross-border IPOs listed on the Exchange in 2021.
This webinar focuses on the IPO exit strategy of Southeast Asian startups and the Tokyo Stock Exchange’s commitment to the ecosystem. Panelists include key management involved in cross-border IPO process on TSE.
- Felix Wang, prior corporate secretary, previous finance director, Omni-Plus System
- Koji Tachibana, senior vp of finance and head of Japan, Appier Group
- Susil Lie, partner, Monk's Hill Ventures
- Shoichi Sekantani, deputy head, Singapore branch, Tokyo Stock Exchange
- Kengo Somei, account manager, new listing, Tokyo Stock Exchange
- Zuhai Khan, CFA, senior fund manager, UBP Investment
He is an internationally experienced CPA qualified CFO delivering consistent corporate governance, financial reporting, and tax solutions to regional and global board requirements.
While having worked as General Manager at Itochu Plastics Pte Ltd., Singapore (CIPLAS) from 2011, he joined to Omni-Plus Systems Ltd. as a finance director in 2017.
He spearheaded implementation of J-SOX (Japan Sarbanes Oxley) and PDCA corporate governance, as well as tackling comprehensive management challenges for preparing TSE IPO. He led strategic changes to financial and management team and processes to improve cash flow, reduce costs and improved financial visibility towards IPO.
He graduated from University of New South Wales.
Koji Tachibana is an experienced finance executive and has successfully led several organizations in optimizing their financial operations. He has also played a critical role in managing many significant corporate milestones. Koji Tachibana has been our Senior Vice President of Finance since January 2020. At Appier, he oversees the accounting and finance departments and is responsible for smooth communication with capital markets and effective execution of financial plans.
In July, 2021, he took on a dual role as Head of Appier Japan. In this new position, he will ensure tighter alignment and collaboration between Appier global and Japan. Mr. Tachibana will bring a holistic view and perspective to Appier’s Japan business and localise their global operations to suit the demands of the Japanese market.
Tachibana started his career in finance following his graduation from the University of Tokyo where he obtained a bachelor’s degree in law. In 1997, he joined Nomura Securities Co., Ltd., where he supported the finance and initial public offering (IPO) of corporations. After 10 years, he moved into the public sector and oversaw the sales of state-owned assets at the Agency for Natural Resources and Energy of the Ministry of Economy, Trade and Industry.
Mr. Tachibana also worked in the investment business as an independent investment advisor before joining DeNA in 2011, where he led the corporate finance division as an executive officer, responsible for M&A strategy, finance, accounting, public relations, investor relations and internal IT.
Susli is a Partner at Monk's Hill Ventures, a venture capital firm investing in early-stage tech companies, primarily Series A, in Southeast Asia. She is based in Indonesia and is responsible for sourcing, analyzing and executing deals, and working closely with portfolio companies.
Susli is also the Co-Founder of ErudiFi, a tech-enabled education financing company in Southeast Asia. Susli is a seasoned finance professional, having built a career at the cross-section of finance, development, and technology with global experience spanning North America, Australia, Africa, and Southeast Asia. Born and raised in Indonesia, she has spent the last decade advising, investing, and operating as a founder primarily in Indonesia.
She began her career in strategy consulting at Oliver Wyman in the financial services practice, and subsequently pioneered the role of Asia-Pacific Chief of Staff. Her investment experience is focused on Indonesia and includes stints at LeapFrog Investments, Quvat Capital, and YCAB Ventures. Susli also advises on development finance projects for the Asian Development Bank and the World Bank Group.
Susli received her BA in Economics and Chinese from Yale, MBA from Wharton, and MA in International Development from Johns Hopkins School of Advanced International Studies (SAIS).
He joined Tokyo Stock Exchange (TSE) in 2011. As an IPO professional, he is focusing on promoting/supporting cross-border TSE IPO of Asian issuers. Previously, he had worked as IPO examiner for 30+ applicants. He graduated from The University of Tokyo and National University of Singapore (MBA)
He joined TSE in 2016. He has served in the new listing and derivative market operations. He leads activities to encourage domestic and overseas companies to list in Japan and increase their corporate value in the market. He graduated from Tokyo University of Foreign Studies.
Zuhair manages a governance-focused, market-neutral, Japanese equity long-short strategy at UBP. Prior to joining UBP, he had been the Head of Research and Japan Strategist at Jefferies; where his research focused on corporate governance reform, shareholder activism and event driven strategies. Zuhair has 25 years of experience at global financial institutions, including UBS, Citigroup and MUFG. He has an MBA from the Sloan School of Management at MIT and graduated Magna Cum Laude from the University of Pennsylvania with dual degrees from the School of Engineering and the Wharton School.