The seventh Busan International Finance Conference will be held on Monday, under the theme of “development strategies for Busan as a global center of cloud computing and outsourcing for financial services industries.”

Co-hosts include the Korea Institute of Finance, the International Financial Forum of Pusan National University, the Asia-Pacific Financial Markets Research Center of the University of Hawaii and the Bank of Korea’s Busan branch.

“The event will prepare Busan city to play a pivotal role as an outsourcing center for the financial services industry by taking advantages of the cloud computing infrastructure that is rapidly being developed in the region,” the hosts said in a statement.

“In these turbulent times our conference carries extra significance, as government policymakers, senior executives of industries and academics will meet to discuss the role of Asia-Pacific economies as a reliable engine of economic growth and recovery in the world.”

Panelists will include Prof. Ahn Choong-young of Chung-Ang University, Prof. Lee Jung-yoon of Pusan National University and Prof. Ling Liu of Georgia Institute of Technology in the U.S.

By Kim Yon-se (kys@heraldcorp.com)