Joseph Schumpeter famously coined the term “creative destruction” to describe the process through which innovation drives economic progress. Since his time, the pace of innovation has accelerated at an unprecedented rate. While steam engines took over a century to revolutionise society, search engines achieved a similar impact between one to two decades. Now, generative artificial intelligence (AI) has the potential to reshape industries and societies in a matter of years. In the face of rapid change, innovation has become critical for businesses to remain competitive. The impact of innovation has also amplified with the advancement in technology. Digital platform models…
Author: Dr. Wong Huei Ching, Executive Director Digital Strategy & Innovation, Securities Commission Malaysia
Author
Dr. Wong Huei Ching, Executive Director Digital Strategy & Innovation, Securities Commission Malaysia
Dr. Wong Huei Ching is the Executive Director of Digital Strategy and Innovation at the Securities Commission Malaysia (SC). She currently oversees the development and innovation for digital markets, technology supervision as well as the SC’s technology capabilities. Huei Ching joined the SC in 2017 and has been involved in strategic planning and market development, focusing on alternative fundraising, market vibrancy and industry digitalisation. She was instrumental in the development of the SC’s Capital Market Masterplan (2021-2025) and represented the SC as a board member of the Labuan Financial Services Authority (2020 to 2023). Prior to joining the Commission, she was with a global management consulting firm and one of Malaysia’s largest banks. She has over 17 years of experience, largely in financial services. Huei Ching holds a Bachelor’s in Electronic and Communications Engineering and a PhD in Electrical and Electronic Engineering from the University of Bristol, UK.