Jim O’Neill is going to provide insight into the future of BRICS at UC RUSAL President’s Forum.

UC RUSAL, the world’s largest aluminum producer, and the Hong Kong University of Science and Technology are honored to invite Dr Jim O’Neill, Chairman of Goldman Sachs Asset Management – the renowned economist who coined the prominent BRIC concept – to conduct his very first public lecture in Hong Kong at the UC RUSAL President’s Forum. Dr O'Neill will present his views on the changing dynamics of the world and the rapid rise and importance of BRIC countries, as well as the current economic crisis.

Dr Jim O'Neill is currently the Chairman of GSAM and is responsible for overseeing the global operation of the Asset Management Division. Prior to assuming this role in September 2010, he was head of Global Economics, Commodities and Strategy Research. He joined Goldman Sachs in 1995 as a partner, co-head of Global Economics Research and Chief Currency Economist.

2011 will mark the tenth anniversary of the creation of the BRIC acronym. It has become synonymous with the remarkable rise of Brazil, Russia, India and China and their influence on the world economy. Presently, BRIC countries are already dominating the world economy in a number of ways, exceeding the pace of transformation predicted almost a decade ago.

Oleg Deripaska, CEO of RUSAL, commented: “We are honored that Dr Jim O’Neill, world’s renowned economist, has been invited to conduct his very first public lecture in Hong Kong at the UC RUSAL President’s Forum. The forum is a unique platform for the world’s most brilliant minds to exchange knowledge and ideas. The BRIC and “Growth Market” are certainly important concepts that have helped to better understand the new pattern of the global economy. Dr O’Neill has always been a pioneer of the global economic evolution, and we believe that his insights will be most inspiring and valuable. Certainly, this lecture attests to UC RUSAL’s commitment to bringing the best to Hong Kong.”