II.

Moderator Script

Part UIC Script

Workshop Day 1

Greetings Moderator Good afternoon, all.

Honorable Head of General Finance Training
Center or Pusdiklat KU (Heni Kartikawati)
Our speakers from Citi Global Perspectives
Distinguished Participants;
Ladies and Gentlemen.
I am Rido Parulian Panjaitan. It gives me a great
pleasure to be the moderator for the Executive
Workshop – “The Future Of Money”.
As we know that digital money and electonic
money have been rapidly developed. In today’s
workshop we will get a closer look into digital
currencies, including the design, implications,
risks, opportunities, and the involved parties.

Introducing the Moderator Ladies and Gentlemen, First I’d like to read a
Speakers brief introduction to our CITI speakers:
First, Mr. Ronit Ghose. He is the lead author of
Citi’s GPS Bank of the Future and FinTech report
series—the first edition has had c.300,000
downloads, making it the most read report ever
published by Citi and one of the most read
fintech reports ever. Since joining Citi in 1997,
Ronit has covered banks in the Americas, Asia
and EMEA. He is Global Sector Head for Banks
and Co-Head of the Fintech Theme Group in Citi
Research. He is also an Advisory Board Member
at the Centre for Finance, Technology, and
Entrepreneurship. Ronit has an undergraduate
degree from the University of Oxford, a
postgraduate diploma from the University of
London and is a CFA Charterholder.
Second, Mr. Sanjeev Jain. He is the Regional
Head for Global Payments & Receivables,
covering the full suite of transactional payments
and receivables needs of corporate, commercial,
financial institution and public sector clients in
Asia. Prior to his appointment to the current role,
Sanjeev was managing the roles of Regional
Product Head of Commercial Banking,
Implementations and Digital Channels & Data
from 2012-20. Sanjeev holds the degrees of
Chartered Accountant, Company Secretary and
Cost & Works Accountant from the respective
institutes in India.
Lastly, Mr. Helmi Amran. He is a Director and
Part UIC Script

Citi’s Indonesia Economist, based in Jakarta. He

joined Citi Research in 2011 from Bank
Danamon Indonesia, where he was the Economist
and bond market strategist from 2005 to 2008.
Prior to that, Helmi was an Economist with
Bahana Securities from 2004 to 2005, and before
that, an Economist for the ASEAN Secretariat.
Helmi graduated with a Bachelor’s degree in
Economics from Universitas Indonesia and holds
an MSc degree in International Money &
Banking from the University of Birmingham,
UK, and a Master of Financial Economics degree
from Katholieke Universiteit Leuven, Belgium.

Informing Rules Moderator Before the presentation begins, let me tell you
how this workshop will run. Firstly, CITI
speakerks will present the material for about 30
minutes. After that, there will be a ten-minute
break. And after the break, the session will be
continued with another 30 minute presentation by
the speakers. Following that, we will have a
question and answer session for approximately 45
minutes, and finally the session will be ended by
a conclusion.

Presentation
Part 1

Welcoming the Moderator Ladies and Gentlemen, without further ado, Now,
Speaker allow me to welcome Mr. Ronit Ghose and team
to present the material of “Overview of Digital
Currencies” for about 30 minutes.

Presentation (30 CITI Presentation time of “Overview of Digital

minutes) Speaker Currencies” Part 1 (30 minutes)

Thanking Moderator Thank you very much Mr. Ronit Ghose and team
for giving such an informative and
comprehensive presentation for the first part.
Ladies and gentlemen. We are going to have a
short refreshment for ten minutes. Please return
to this room at 15.00 Jakarta Time. And we will
continue with the second part of their
presentation.

BREAK (10
minutes)

Moderator Ladies and Gentlemen, shall we continue? We

are now going to listen to the second part of
CITI’s presentation. To Mr. Rhonit and team,
please go ahead.
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Presentation
Part 2 &
Discussion

Welcoming the Moderator That was a very comprehensive presentation.

Speaker Ladies and gentlemen, after we know about the
comprehensive outlook of digital currencies, now
it’s time to have a discussion with our speakers.

Inviting Moderator Ladies and Gentlemen, now we’ve come to the

Questions Q&A or discussion session.
We are glad to receive so many questions from
sli.do and due to time limitation, we are going to
select first 3 most voted questions first for our
speakers. Now, let us see the questions from the
participants. Please Pusdiklat KU team bring the
sli.do on screen. Thank you.

Summarizing Moderator Well, ladies and Gentlemen, let’s see the voted
Questions and questions here.
Welcoming the The first question comes from (….) asking about
Discussion (…..).
The second one is from (….) asking about (….).
And the third one is from (….) asking about
(….).
Please Citi Team can elaborate all the addressed
questions from the participants.

Replying, Adding That’s a very detailed answer to the questions,

Comment Mr. Rhonit, and If I may add, …
That was excellent points by Mr. Sanjeev.

Inviting Open For next, I invite those who have raised their
Mic Questions hand to open the microphone and mention to
whom your question is addressed.

Clarifying Can you repeat that question, please?

questions Can you repeat that in a simplified way?
Just to be clear, do you mean this…(ulangi
pertanyaan lebih singkat)

Ending Moderator Apparently, we still have enormous questions or

Discussion topic to be discussed as we see them on sli.do.
However, due to limited time, we need to end our
discussion session. Some selected remaining
questions will still be addressed by the speakers
and also Fiscal Policy Agency (BKF) via WA
Chatgroup.

Closing

Asking for Moderator Ladies and Gentlemen, we have finally come to

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Closing Remarks the end part of this Day 1 Executive Workshop

on “The Future Of Money”. Before I close this
session, I would like to invite Citi speakers to
give us some short closing remarks, please.
Atau
To Mr Rhonit, Mr Sanjeev, Mr. Helmi, are there
any final thoughts before we end today’s session?

Closing remarks Citi

from Citi Speakers Closing remarks (2-3 minutes)

Closing from Moderator Thank you for the concise closing remarks.
MoF Indonesia Please allow me also to take some highlighted
points from this today’s session. (pura2nya ya,
ini conclusion sementara dari ministerial
lecture…the real conclusion is on Monday)
– Digital money is not new and there are many
implications of digital money.
– There are also some pluses and minuses of
Central Bank Digital Currencies (CBDC). The
pluses started from universality, trust & financial
inclusion until greater oversight, traceability –
fighting financial crime. On the other hand, the
minuses could be disintermediation of
commercial banks which will increase cost of
funding and volatility until the issue of
anonymity & privacy.
– Therefore, the impact of digital currencies
could be categorized in 5 areas which are: risk to
Commercial Banks, Risk to Existing Payment
Infrastructure, New Sources of Revenue, Policy
Opportunities and Role of USD. And finally,
Ladies and Gentlemen, I would like to thank the
speakers –Mr. Rhonit Gose, Mr. Sanjeev Jain and
Mr Helmi Amran– for their informative and
interesting presentation and also to all the
participants for their active participation.
Please give applause for the speakers and for you
all. Thank you.
I should remind everyone that we will be seeing
you again on the second part of the Executive
Workshop with the title “Regulatory
Framework”.
So, see you all later and thank you very much.
Over to you, Mr. Pilar. (Session returned to MC
for further announcements)

Source:
https://efidrew.wordpress.com/2021/06/21/mc-script-and-moderator-script-for-international-
session/