Christopher Michael Pan - Accomplished EMEA Investment Advisor
An investment specialist with nearly 25 years of experience in corporate finance and banking, Christopher Michael Pan has been an advisory board member for Komago Capital since 2013. Using his extensive professional experience in EMEA markets, he works with clients to access capital markets, with a focus on Africa and Switzerland.
Previously, Christopher Michael Pan served as an advisor to the board of Venus First, an international investment firm with offices in Switzerland, London, and Tanzania. During his tenure, he provided leadership and independent advisory services, with a focus in real estate and new technologies. He also held numerous company board positions of several companies and financial institutions in Asia.
Christopher Pan holds a bachelor of arts from Kingston University, where he studied economics. In addition, he holds professional qualifications from the Institute of Chartered Accountants in England and Wales, the National Association of Securities Dealers, and the Institute of Banking and Finance.
About Portfolio Investments
Christopher Michael Pan is an accomplished investment banker, advisor, and corporate finance executive. Through years of heading BNP Paribas’ International Coverage division and directing Credit Suisse’s Investment Partners Group, Christopher Michael Pan has developed an extensive understanding of superior portfolio investments.
Portfolio investments are hands-off passive investments in securities. They comprise a wide field of asset classes, including stocks, corporate and government bonds, real estate investment trusts, treasury bills, mutual funds, and exchange traded funds, all of which are invested in with the expectation of making returns. All these investments are passive, in that they do not involve day-to-day management.
The composition of an investment portfolio depends on certain factors, including tolerance to risk, investment objectives, and amount invested. A high tolerance to risk will see more investments in volatile securities such as equities over the more secure bonds. Investment objectives are what the investor seeks to achieve through investing, while the amount invested determines how many investments are acquired.
Investors with limited funds generally tend toward exchange traded funds and mutual funds. High-net-worth individuals have portfolio investments including stocks, bonds, real estate properties, and commodities. Institutions and pension funds, on the other hand, offer the benefit of additional investments in infrastructural assets like toll roads and bridges.
An Overview of Triathlon Events
Christopher Michael Pan, a former director with Credit Suisse, currently serves on the advisory board of Komago Capital and is the founder of London Restoration and Design Limited. Away from his professional responsibilities, Christopher Michael Pan enjoys staying active by training for, and competing in, triathlon events.
Completing a triathlon is a unique experience from a training standpoint. Rather than train for a single activity, triathletes must prepare their bodies for swimming, running, and cycling events. Further complicating this challenge is the fact that there are five accepted versions of the triathlon, though the four most common are the sprint triathlon, Olympic triathlon, the Half Ironman, and the Full Ironman.
Training for a sprint triathlon necessitates a minimum of two weekly sessions for each event, for a combined six sessions accounting for at least six hours. The sprint distance, the shortest version of the triathlon, begins with a half-mile swim before transitioning to a 12.4-mile cycling leg and concluding with a 3.1-mile run.
As distances increase, it becomes difficult to estimate the number and length of the training sessions an individual athlete will need. Olympic triathlons involve .93 miles of swimming, 24.8 miles of cycling, and a 6.2-mile run. The Full Ironman event is the most comprehensive category of triathlon and features a 2.4-mile swim, 112-mile bike ride, and 26.2-mile run.
A Glimpse into the Future of Investment Banking
Christopher Michael Pan has worked for approximately 20 years in investment banking. At Credit Suisse, Christopher Michael Pan was responsible for raising assets and managing client relationships all over the globe, and at BNP Paribas, he operated as a banker to the company’s largest clients.
Market pressure, technological progress, personal ambition, and regulatory change are once again reshaping investment banking. Much like in 1971, when Merrill Lynch made the big shift from private partnerships to public trading, radical changes are on the way. While it is hard to predict precisely what the outcomes will be, these forces may result in the migration of trading to hedge funds, the automation of back office and stock research jobs, the assessment of fees for research and other services, and the shifting of funding and capital allocation from banks to giant asset managers, pension funds, and sovereign wealth funds.
In short, investment banks will be smaller, more specialized, and more adaptable to technologists than traders. Apart from that, the buy side (i.e., those who purchase services) may replace them as the source of funding for deals and underwriting, in which case they will have to hunt for new sources of revenue that are less capital intensive and look into reducing costs.
Bright Spots in the Expanding African Economy
Christopher Michael Pan has enjoyed a long career in investment banking that has encompassed companies such as BNP Paribas and Credit Suisse. Christopher Michael Pan also has experience facilitating high-profile investment banking transactions in Africa.
With an aggregate GDP of $2.4 trillion, the economies of sub-Saharan Africa have been rising over the past several years, despite a soft overall commodities market. A key reason is improvements in infrastructure, with investments in telecommunications enabling closer business coordination and investments expanding into areas such as power, energy, and transportation.
Top performers include Nigeria, which is more diversified than fellow oil producer Angola and thus resilient to export-tied revenue declines. With sectors such as retail, construction, and services boosting GDP, Nigeria is set on a stable path after successful democratic national elections. Areas ripe for investment diversification include agriculture, which may benefit from uncertainties concerning future oil prices.
Kenya’s economy is also stable and growing, with a focus on tourism and agriculture. An oil importer that takes advantage of low prices, Kenya has funneled significant capital into the power and national infrastructure areas.
Another bright spot is the island nation of Mauritius. Lacking major natural resources, Mauritius has succeeded by emphasizing transparency and free enterprise and is working to bring sectors such as financial services, seafood processing, and coastal tourism to the forefront.
Rapid Growth Possible as African Countries Look to the Future
A respected corporate finance and investment executive, Christopher Michael Pan serves on the Advisory Board of Komago Capital in London. With extensive international business experience, Christopher Michael Pan has coordinated investment banking transactions throughout Africa.
As identified by the World Economic Forum, Ivory Coast sits atop the continent in terms of annual GDP growth with 8.5 percent. Countries such as Tanzania, Rwanda, and Senegal are also experiencing rapid economic expansion of above 6 percent annually. A common thread in these fast-paced economies is the ability of governments to foster pro-business and investment environments through coordinated political and economic reform policies.
A major challenge is translating increased foreign direct investment into sustained inter-African trade growth, which will ultimately be necessary to ensure unified prosperity. This is a major challenge, considering increasingly youth-centered population demographics that are putting major strains on educational systems already struggling to position students for productive careers. The African Union is currently working on developing Agenda 2063, which will set in place a long-term vision of inclusive prosperity with robust democracy and education as a foundation.