International Advisory Board (IAB) Members

The Institute has put together a formidable Advisory Board comprising highly respected academicians and thought leaders from across the globe. All of them are leaders in their own field, with formidable deep experience in complex organisations, dealing with problems of globalisation, innovation and development. 

  • Tan Sri Andrew Sheng:  Andrew Sheng is well known in global financial circles as a former central banker and financial regulator in Asia and a commentator on global finance. He is Distinguished Fellow of Asia Global Institute, the University of Hong Kong. Andrew is on the international advisory panels of the China Banking Regulatory Commission (CBIRC), China Investment Corporation (CIC), China Development Bank (CDB), and China Securities Regulatory Commission  (CSRC) as well as one of the trustees of the Bank Indonesia Institute.

    He formerly served as Chairman of the Securities and Futures Commission of Hong Kong, and central banker with the Hong Kong Monetary Authority and Bank Negara Malaysia, including a stint at the World Bank.  He is an Adjunct Professor at the Graduate School of Economics and Management, Tsinghua University, Beijing and Faculty of Economics, the University of Malaya, Kuala Lumpur.

    A chartered accountant by training, he has a BSc in Economics and Honorary Doctorates from the University of Bristol and University of Malaya. In April 2013, Andrew was named by Time magazine as one of the 100 most influential people in the world.

  • Jan Wouter Vasbinder is director of Para Limes @ EU.   Prior to that, he was the director of the Complexity Programme aimed at developing a Complexity Institute at the Nanyang Technological University (NTU) in Singapore. TheComplexity Programme was renamed Para Limes in April 2014.  

    Jan studied physics at the Technical University of Delft (1972) and worked in the nuclear industry in Israël and the Netherlands. In 1985, he headed an organisation responsible for developing large and long-term cooperative industry university research programmes. Subsequently he became member of the management team of the Dutch organisation responsible for executing government innovation policies.  In 1995 he co-founded Prisma & Partners, a firm dedicated to finding, strengthening, and mobilising the innovative capacity of companies, consortia (e.g. of corporations and universities), government (related) organisations and regions. He invested much time in helping organisations to develop their strategies for the future. In 2003 he initiated Institute Para Limes in Europe.  

    The joy in his work comes from exploring new, potentially powerful, combinations of knowledge, arts, philosophy and practice and from developing projects and programmes to make such combinations useful. His motto is: “the value of knowledge is in its use”.

  • Stephen Oppenheimer  is a British paediatrician, geneticist, and writer. He is a graduate of Green Templeton College, Oxford, an honorary fellow of the Liverpool School of Tropical Medicine and was trained in medicine at Oxford and London universities. From 1972 he worked as a clinical paediatrician, mainly in Malaysia, Nepal and Papua New Guinea. He carried out and published clinical research in the areas of nutrition, infectious disease (including malaria), and genetics, conducting medical research and teaching at the Liverpool School of Tropical Medicine, Oxford University, a research centre in Kenya, and Universiti Sains Malaysia in Penang.

    From 1990 to 1994, he served as chairman and chief of clinical service in the Department of Paediatrics in the Chinese University of Hong Kong.  After working in Brunei from 1994 to 1996, he returned to England and wrote the book Eden in the East: the drowned continent of Southeast Asia, published in 1998.

    Dr. Oppenheimer has worked as consultant on two television documentary series - The Real Eve (Discovery Channel) and Out of Eden (Channel 4), and published a second book, Out of Eden: the Peopling of the World (retitled The Real Eve in USA). This was followed in 2006 by The Origins of the British: a genetic detective story, on the post-glacial peopling of Great Britain and Ireland. In 2009 he was consultant on the BBC TV series The Incredible Human Journey.

  • Dr. Yaga Venugopal Reddy is a retired Indian Administrative Service (IAS) officer, and he served as Governor of the Reserve Bank of India (RBI) (India's central bank) from 6 September 2003 until 5 September 2008. In 2010, he was awarded India's second highest civilian honour, the Padma Vibhushan. Reddy received his M.A. in economics from Madras University, India, and his PhD from Osmania University, Hyderabad. He also holds a Diploma in Economic Planning from the Institute of Social Studies, Netherlands.

    Dr. Reddy has also worked with the International Monetary Fund as Executive Director, and as an IAS officer, he ws Secretary (Banking) in Ministry of Finance and Principal Secretary in Government of Andhra Pradesh.   He has been a Visiting Fellow, London School of Economics, a full-time UGC Visiting Professor in Department of Business Management, Osmania University; full-time Visiting Faculty, Administrative Staff College of India and continues to be Honorary Professor at Centre for Economic and Social Studies at Hyderabad.

    Reddy was Member of The Commission of Experts of the President of the UN General Assembly on Reforms of International Monetary and Financial System, chaired byNobel laureate Professor Joseph Stiglitz (USA).  He was President of The Indian Econometric Society during 2011 and on the Advisory Board of Institute for New Economic Thinking (INET). Reddy was on the International Advisory Board of the Columbia Program on Indian Economic Policies, Columbia University, New York and a Member of an informal international group of prominent persons on International Monetary Reforms. He has also advised the Finance Minister of India on G-20 issues.

    Currently, Dr. Reddy is Honorary Professor at the Centre for Economic and Social Studies (CESS), Hyderabad.

  • Douglass Carmichael. Doug Carmichael is a physicist, humanist, psychoanalyst, entrepreneur, and economic advisor to the Institute for New Economic Thinking (INET). Doug holds degrees in physics and humanities from CalTech, and a PhD in psychology from University of California, Berkeley. Doug was a Professor at University of California at Santa Cruz, then lived in Washington DC for many years continuing private practice, strategic consulting with many organisations including Hewlett-Packard, World Bank, Bell laboratories, White House and the State Department. Doug also ran the network for Al Gore’s Reinventing government.

    For the last then years, he has focused on the broad social science issues relevant to rethinking humanity’s relationship to nature. Doug lives on the Russian River and spends two days a week in Palo Alto leading two seminars on strategic conversations. He started the Stanford Strategy Studio and is most interested in the relationship between the humanities and economics.  Doug is also a member of the American Anthropology Association.

  • Dr. Man Fai Shiu recently stepped down as Consultant Cardiologist at Royal Free Hospital, London.  He did his undergraduate and professional training in Guy's Hospital.  In the early 1980s he was one of the handful of cardiologists who foresaw the potentials of coronary artery angioplasty and stenting, and led the group in setting up the British Cardiovascular Interventional Society.

    Ten years later he ventured into medical devices innovations and successfully launched a thrombus extraction system (the X-Sizer) that dealt with arteries overloaded with fresh clot. He pushed the boundaries for non-invasive treatment for mitral valve disease and immediate coronary angiogram and stenting for acute heart attacks, which are all taken for granted now.

    He was a strong advocate for the National Standards for Cardiac and Stroke services and played an active role in the National Service Framework in the West Midlands and nationally in the UK. He went into hospital management reaching the post of Head of Division for Specialised Services (Cardiac/Renal/Radiology and Oncology) at the University Hospital of Coventry and Warwickshire.

  • Ms Wang Yuan was former Chief Economist of China Development Bank, Beijing, the largest development bank in the world.   She was Chief Adviser, Securities and Futures Commission, Hong Kong and has previously worked at the Ministry of Finance,  People’s Bank of China and the World Bank, Washington, DC.  She has participated in WTO negotiations for China and also responsible for Bank for International Settlement work in China.  Prior to that, she lectured at the Central University of Finance and Economics as Associate Professor.   She was an independent non-executive director of the Moscow Stock Exchange, China Merchant Securities and currently independent non-executive director of Standard Chartered Bank, China.

    At the China Development Bank, Ms Wang led the strategic development of international cooperation and bond issuance, developed the human resource training for not only CDB staff, but those of development institutions in Central Asia.  As Chief Economist, she was primary adviser to the Chairman on policy research, promoting sustainable and inclusive development, and negotiations on CDB programmes internationally. She was primarily responsible for the CDB International advisory council, which included luminaries such as Dr. Henry Kissinger, Dr. Paul Volcker, former Australian Prime Minister Paul Keating, and Pakistan Prime Minister Shaukat Aziz.

    Ms Wang was educated Shanxi University, China, with Masters from University of Bradford and China Europe International Business School, Shanghai.  She was awarded an Honorary Doctorate in Economics from University of Bradford in 2012.


GIOAS will host a public forum entitled “Role of the University in a Digitally Disrupted Age”.  The International Advisers will explore ideas and options for the role of a university in an age when the nature of work and re-skilling of students and workers are being disrupted by digital and technological change.  Given the diverse background of the international advisers from the largest economies and wide experience in the developing world, we hope to create a dialogue of how a university could respond to changing needs of society.

The forum will take place as follows:

Date: Saturday, 12 January 2019
Time: 2:30pm to 5:00pm
Venue: Wawasan Open University main campus
54, Jalan Sultan Ahmad Shah,
10050 Penang.  

Admission is free. Members of the public, faculty, staff and students are invited to participate.

Click here for the e-flyer.