Knowledge Center: Publication
Chief Executive Officer & Board of Directors
Bringing ‘Asia’ onto the board9/30/2011 Julian Ha and Anne Lim O'Brien
Recent forecasts by the International Monetary Fund confirm what most multinational companies have known for some time: the best hopes for growth in the foreseeable future lie in Asia. While growth in advanced economies is expected to reach only 2.5 percent in 2011, emerging and developed economies are projected to expand by 6.5 percent. China and India will lead the way, growing by 9.5 percent and 8 percent, respectively. Vietnam is projected to grow by 6.3 percent, Indonesia by 6.2 percent, and Malaysia by 5.5 percent.
With these trends expected to continue well into the future, the companies we talk to are increasingly eager to add board members with experience and expertise in Asia.