The Front Row Podcast

Keith Yap

Front Row Interviews with experts to expand your mental map of the world. Made in Singapore. For Asia and the World.

  1. Oct 15

    #98 - Samuel Rhee : The Secret To Financial Security in 2026

    Samuel Rhee is Co-Founder, Chairman, and Group Chief Investment Officer of Endowus, the Singapore-headquartered digital wealth platform. He heads the Endowus Investment Office, where he is responsible for asset allocation and investment selection across the firm’s offerings, and he has built the company around a single conviction: that individual investors should have the same advice, access, and institutional-level pricing that sovereign wealth funds and university endowments take for granted. Under his leadership, Endowus became the first digital adviser for CPF investing in Singapore and the first scaled independent financial adviser in the region to return all trailer fees to clients. Before co-founding Endowus in 2017, Rhee served as CEO and CIO of Morgan Stanley Investment Management in Asia, capping nearly three decades of institutional investing experience across Singapore, Hong Kong, and London. He left at the height of that career to build what he describes as the second, more purposeful half of his working life. Born in Korea and raised in England before moving to Asia, he has called Singapore home for over twenty years. Rhee is a member of the World Economic Forum’s Longevity Steering Committee and a vocal advocate for financial literacy, evidence-based investing, and the elimination of hidden fees. This conversation matters because it comes from someone who has sat on both sides of the table: the institutional investor who had everything, and the retail client who discovered he had almost nothing. TIMESTAMPS 0:00 Trailer0:26 Introduction0:57 The Mistake Even The Best Investors Make2:53 What Risk Actually Means5:57 Taking Risk Without Being Paid For It7:58 Why We Never Learn From Bubbles12:40 Is AI A Bubble?15:45 Walking Away From Morgan Stanley18:12 Show Me The Incentives22:35 Everybody Is Selling23:01 Why Retail Investors Have No Bargaining Power29:47 Why The Robo-Adviser Playbook Failed In Asia35:02 Advice, Access, Cost38:47 Where A Beginner Should Start40:50 Spending, Saving, And Propensity42:54 How Sam Would Invest $10048:26 Greed, Fear, And The Missed Rebound51:48 Bootstrapping Through The Funding Winter56:11 Doing AI Without Firing People1:01:06 Advice For Young People1:03:55 Closing

  2. Oct 5

    #97- OCBC Chief Economist Explains How The Global Economic Order Is Changing

    Thank you for checking out The Front Row Podcast and my interview with Selina Ling. Selena Ling is Chief Economist and Head of Global Markets Research & Strategy at OCBC, where she leads the team responsible for the bank's macroeconomic insights, forecasts, and trading recommendations across foreign exchange, interest rates, corporate credit, and macroeconomic commentary. Under her leadership, OCBC's research has been consistently highly ranked in industry surveys, and her analysis is widely quoted across print, television, and radio.Before joining OCBC in 2000, Ling worked in Singapore's public sector, with the Fiscal Policy Unit at the Ministry of Finance and the Economics Department at the Ministry of Trade and Industry. That vantage point, from inside the policymaking machinery and later from the markets, gives her an unusually rounded view of how Singapore's economic strategy is made and how it lands. She is Vice President and a council member of the Economic Society of Singapore, sits on the Board of Governors of the S. Rajaratnam School of International Studies (RSIS) and the Advisory Board of NTU's College of Humanities, Arts and Social Sciences, and received the IBF Fellow Award in Financial Markets in 2017.In this conversation, part of my collaboration with RSIS, Ling examines how a world reshaped by war, pandemic, geopolitical rivalry, and the AI investment boom is rewriting the economic assumptions behind Singapore's success, and what it will take to stay resilient.TIMESTAMPS0:00 Trailer & Introduction 1:03 The External Conditions Behind Singapore's Rise 3:29 Why Singapore Never De-Industrialised 5:45 The Trading Order We Took For Granted 7:36 From Just-In-Time To Just-In-Case 10:46 Is This Just Trump? 15:28 How Wars Drive Inflation 18:59 Singapore's Healthy Paranoia 21:00 Is AI A Bubble? 25:27 Singapore's Big AI Bet 28:50 Trust As A Scarce Resource 31:03 Defence Spending Has No Free Lunch 34:17 America's K-Shaped Economy 39:39 Pragmatism Over Ideology 43:38 Weaponised Interdependence 46:45 Can ASEAN Truly Integrate? 49:28 Singapore's Biggest Structural Risks 52:47 Will AI Make Us Lazy? 54:33 Stay Intellectually Curious This is the 95th episode Of The Front Row PodcastA huge thank you to our amazing Front Row Friends for supporting and advancing the podcast: @marinama2728@deborahchoi1455@annkowong@yewchoutan5876Full transcripts of episodes can be found here: https://www.ykeith.com/tag/podcast/Feel free to mingle in the comments below or head to...Instagram: https://www.instagram.com/frontrow.65/Linkedin: https://www.linkedin.com/in/keith-yap/Website: www.ykeith.comEmail: keith@frontrow65.coGet access to every episode by subscribing for free on Spotify: https://creators.spotify.com/pod/show/keith-yap8 or Apple Podcasts: https://podcasts.apple.com/sg/podcast/front-row/id1771599400

  3. Sep 26

    #96- Chairman Of Evercore Asia & Kallang , Keith Magnus On Leadership Lessons, Bringing Taylor Swift & Singapore's Reinvention

    Keith Magnus is Chairman of Evercore Asia, Founding Chairman of The Kallang Group, and Chairman of the Families for Life Council. In this conversation, filmed live at an event in partnership with the National Youth Council, he traces a career shaped by crises: the Asian Financial Crisis, the dot-com crash, and running Merrill Lynch in Singapore through 2008.He explains why he left the big banks to start Evercore's Singapore office with little more than a mobile phone, and how a four-and-a-half-hour night of phone calls began The Kallang's turnaround. He also tells the full story of how Singapore persuaded Taylor Swift's team to base her Asian shows here: "Let us deliver Asia to you."The second half turns to what comes next: why live sport and entertainment are the anti-AI bet, what judgment still counts for when AI works at the level of a second-year associate, and why loneliness, more than healthcare or money, is the biggest challenge facing Singapore's ageing population.CHAPTERS0:00 Introduction1:20 Sick, On a Drip, Fighting for a Job6:45 Leading Through the Chase–JP Morgan Merger9:23 Who Are You Without Your Name Card?14:44 What 2008 Taught Him About Security17:36 Building Evercore Asia From Scratch23:13 Taking Back the Sports Hub26:41 The Nicoll Highway Test33:21 How Taylor Swift Came to Singapore39:54 Can Commerce and Community Coexist?45:31 Grit, Patience, and When to Walk Away51:24 What AI Means for Your Career56:00 Live Events: The Anti-AI Bet59:17 Integrity, Dignity, Empathy, Kindness1:05:27 Is Singapore Too Sterile?1:09:03 Delivering Hard Decisions Kindly1:10:44 Singapore's Social Cohesion Challenge1:21:38 Closing

  4. Sep 19

    #95- Professor Wang Gungwu : How China and America Emerged As Superpowers

    Thank you for checking out The Front Row Podcast and my interview with Professor Wang Gungwu. Wang Gungwu is an internationally renowned historian known for his scholarship on the Chinese diaspora in Southeast Asia, as well as the history and civilisation of China and Southeast Asia. Across his illustrious academic career, Professor Wang has held eminent appointments at institutions around the world. He was Professor of History at the University of Malaya (1963–68), Professor at the Australian National University (1968–86), and Vice-Chancellor of the University of Hong Kong (1986–95). He is currently Professor Emeritus at the Australian National University and University Professor at the National University of Singapore. In this conversation, we explore how geography shaped China and America, why China historically remained a continental rather than maritime power, the differences between Chinese and Western civilisation, modernisation without Westernisation, Huntington's “Clash of Civilizations”, the US-China rivalry, Singapore, identity, and what history can teach us about the world today. TIMESTAMPS 00:00 Trailer00:45 Introduction01:39 Why China Never Built a Navy06:52 Zheng He and the Fleet China Burned13:06 Why China's Enemies Always Came by Land15:05 How America Inherited Britain's Oceans20:48 Is China Still a Civilisation?31:00 Make America Great, Make China Great32:24 America's One God vs China's Yellow River43:25 Why America Preaches Universal Values46:50 China's Choice: West One or West Two50:58 Did China Modernise Without Westernising?54:17 How Marx Gave China the Idea of Progress59:48 US vs China: Where Huntington Went Wrong1:05:23 Why China Has No Wish to Run the World1:07:59 What China Admires About Singapore1:11:23 Why America Feels a Duty to Convert the World1:14:33 Being Chinese in Singapore: Multiple Identities1:22:58 How China and the West Read History Differently1:31:25 Closing This is Episode 95 of The Front Row Podcast. A huge thank you to our amazing Front Row Friends for supporting and advancing the podcast: @marinama2728@deborahchoi1455@annkowong@yewchoutan5876 FULL TRANSCRIPTShttps://www.ykeith.com/tag/podcast/ FOLLOW THE FRONT ROW Instagram: https://www.instagram.com/frontrow.65/LinkedIn: https://www.linkedin.com/in/keith-yap/Website: https://www.ykeith.comEmail: keith@frontrow65.co LISTEN & SUBSCRIBE Spotify: https://creators.spotify.com/pod/show/keith-yap8Apple Podcasts: https://podcasts.apple.com/sg/podcast/front-row/id1771599400

  5. Sep 7

    #94- Prof Daniel Markovits on Why Meritocracy Is Broken

    Thank you for checking out The Front Row Podcast and my interview with Professor Daniel Markovits. This is the 94th episode of The Front Row Podcast. Daniel Markovits is the Guido Calabresi Professor of Law at Yale Law School and the founding director of Yale's Center for the Study of Private Law. He is the author of The Meritocracy Trap (2019), which argues that meritocracy, the system meant to replace inherited privilege with earned advantage, has become the main mechanism by which wealth and status are now passed between generations. The book drew responses from Michael Sandel, Thomas Piketty, and a wide readership beyond the academy, and in 2021 Prospect named him one of the world's top 50 thinkers. Markovits trained as a mathematician at Yale before a Marshall Scholarship took him to the LSE for econometrics and to Oxford for a doctorate in philosophy. He publishes across law, economics, and philosophy, with work appearing in Science, the American Economic Review, and the Yale Law Journal, as well as the New York Times and The Atlantic. His next book turns to demographic decline and what a good life looks like once growth slows. This conversation matters because Singapore has spent 60 years treating meritocracy as settled doctrine, and Markovits offers the clearest account yet of the flaws of meritocracy. TIMESTAMPS 0:00 Trailer 0:48 Introduction 1:32 What Meritocracy Actually Means 2:27 The Original Promise 4:43 Michael Young's Warning Nobody Heard 8:12 Training: The Ingredient Everyone Ignores 11:11 Why Merit Is A Sham 14:33 The Education Arms Race 17:10 Too Many Lawyers, Too Few Teachers 19:13 Plutocracy Or Meritocracy? 23:30 Should Harvard Become Less Elite? 25:58 How Singapore Pays Its Teachers 28:34 Meritocracy And Performance Legitimacy 33:24 Why Meritocracy Kills Birth Rates 36:14 The Dismantling Of The Middle Class 39:24 Concierge Doctors For The Rich 43:04 When Success Means Exclusivity 47:15 Will AI Deepen The Divide? 51:25 Sacred Versus Profane Education 53:41 The Finland Model 56:16 Advice For Insiders And Outsiders 58:14 Closing Full transcript at ykeith.com

  6. Aug 17

    #93-Former UK Secretary of State, Vince Cable On Why The West Needs To Engage With China and India Rationally

    Sir Vince Cable is one of Britain's most experienced observers of Asia's rise, having tracked China and India for over three decades from inside both business and government. As Chief Economist at Shell in the 1990s, he built the scenario work that helped shift one of the world's largest companies towards serious investment in China and India — at a time when both were regarded internally as too risky to touch. He later served as the UK's Secretary of State for Business, Innovation and Skills from 2010 to 2015, leading Britain's trade engagement with Beijing and Delhi during the coalition government, and went on to lead the Liberal Democrats.His new book, Eclipsing the West: China, India and the Forging of a New World, argues that two Asian superstates will end three centuries of Western dominance by 2050 — and that the competition, unlike the Cold War, will be won or lost in economic rather than military terms. The book was named a Financial Times Best Book of 2025 for economics and shortlisted for the Westminster Book Awards.This conversation matters because Cable has sat on both sides of the West's China dilemma — as the minister championing engagement, and as a witness to Britain's turn towards securitisation — and he names, from the inside, the decisions he believes his country got wrong.This is the 92nd episode Of The Front Row Podcast.TIMESTAMPS:0:00 Introduction 0:52 Inside Shell: Seeing Asia's Rise Early 4:35 Persuading Shell to Bet on China and India 6:42 Selling Britain to Beijing and Delhi 8:48 Was the Coalition Naive? 11:05 Superstates, Not Superpowers 12:26 What China and India Have in Common 15:23 Two Models of State Capitalism 18:04 Thank You PlaudAI 19:45 The Reality of Doing Business In China And India 22:18 Why Britain Turned Against China 27:16 The Perception Gap with Southeast Asia 30:10 The Kindleberger Trap 33:06 From Returns to Resilience 35:10 Three Futures for the World Order 40:19 India: The Swing Superstate 45:11 The Case for Multilateral Optimism 48:27 What Britain Must Fix First 50:35 Advice for Young Southeast Asians A huge thank you to our amazing Front Row Friends for supporting and advancing the podcast: @marinama2728@deborahchoi1455@annkowong@yewchoutan5876Full transcripts of episodes can be found here: https://www.ykeith.com/tag/podcast/Feel free to mingle in the comments below or head to...Instagram: https://www.instagram.com/frontrow.65/Linkedin: https://www.linkedin.com/in/keith-yap/Website: www.ykeith.comEmail: keith@frontrow65.coGet access to every episode by subscribing for free on Spotify: https://creators.spotify.com/pod/show/keith-yap8 or Apple Podcasts: https://podcasts.apple.com/sg/podcast/front-row/id1771599400

  7. Aug 5

    #92 -Professor Kumar Ramakrishna Explains The Rise Of Self-Radicalization

    Thank you for checking out my episode with Prof Kumar Ramakrishna. This episode is brought to you in partnership with the S Rajaratnam School of International Studies. For more information on the school and its programmes see here - https://rsis.edu.sg/publications/rsis-publications/annual-reviews/Professor Kumar Ramakrishna is one of Southeast Asia's foremost authorities on terrorism, extremism, and national security. He is Dean of the S. Rajaratnam School of International Studies (RSIS) at Nanyang Technological University, where he also holds the President's Chair in National Security Studies and serves as Research Adviser to the International Centre for Political Violence and Terrorism Research. He was first appointed Dean in January 2023 and re-appointed for a further term from January 2026, he has spent more than 25 years at RSIS and its predecessor, the Institute of Defence and Strategic Studies, which he joined in 2000.TIMESTAMPS:0:00 Trailer 0:42 Introduction 1:21 What the Pre-9/11 Security Mindset Missed 4:51 The Paradigm Shift After Ground Zero 10:01 Communists vs Jihadists: Two Kinds of True Believers 13:53 The Rational Logic of Suicide Bombing 18:07 Why Educated People Join Terrorist Groups 22:52 The Threats We Have Stopped Watching 31:13 Gaza and Singapore's Social Fabric 34:30 Understanding Hamas — and Iran 36:37 Singapore's Latent Fault Lines 39:46 Muscular Secularism 45:29 Securitising Of Identities 49:11 Inoculating Citizens Against Radicalisation 53:13 Family and Community as the First Defence 56:00 The Central Lesson: Sincerely Wrong 59:23 Advice for Fresh Graduates 59:47 ClosingThis is the 92nd episode Of The Front Row PodcastA huge thank you to our amazing Front Row Friends for supporting and advancing the podcast: @marinama2728@deborahchoi1455@annkowong@yewchoutan5876Full transcripts of episodes can be found here: https://www.ykeith.com/tag/podcast/Feel free to mingle in the comments below or head to...Instagram: https://www.instagram.com/frontrow.65/Linkedin: https://www.linkedin.com/in/keith-yap/Website: www.ykeith.comEmail: keith@frontrow65.coGet access to every episode by subscribing for free on Spotify: https://creators.spotify.com/pod/show/keith-yap8 or Apple Podcasts: https://podcasts.apple.com/sg/podcast/front-row/id1771599400

  8. Jul 31

    #91- Chandran Nair - Southeast Asia's Wake-Up Call Has Arrived -

    Chandran Nair is the founder and CEO of the Global Institute For Tomorrow (GIFT), an independent pan-Asian think tank based in Hong Kong committed to understanding the dynamic relationship between business, society, and the state, and to reshaping the rules of global capitalism. A Malaysian with a background in chemical engineering and biochemistry, he spent the first decades of his career in sustainability, rising to become chairman of Environmental Resources Management (ERM) for Asia Pacific, one of the region's leading environmental consultancies. He is a member of the executive committee of the Club of Rome and a regular speaker at global forums including the World Economic Forum and APEC.Nair is the author of three books: Consumptionomics, The Sustainable State: The Future of Government, Economy and Society, and most recently Dismantling Global White Privilege: Equity for a Post-Western World, which the Financial Times selected among its best books of the season. Drawing on more than thirty years of lived experience in China, Africa, Europe, and Southeast Asia, he has become one of Asia's most vocal thinkers on the idea of a post-Western world — arguing that the deepest legacy of colonialism is the capture of the mind, and that Asia's future depends on building strong institutions and defining a value proposition for itself rather than for others.This is the 91st episode Of The Front Row Podcast TIMESTAMPS 0:00 Introduction 0:58 What The West Gets Wrong About China 6:07 China As A Civilisational State 13:18 Lee Kuan Yew's Warning Against Westernisation 16:08 The Capture Of The Elite Minds?21:24 Decolonising The Mind 34:25 How China Shapes The International Order 41:18 Why The West Fears China's Rise 45:50 Development, Not Sanctions: China In Africa51:31 Southeast Asia's Wake-Up Call 58:33 When The State Should Intervene 1:03:01 A Value Proposition For Ourselves 1:11:11 Advice For Young Graduates A huge thank you to our amazing Front Row Friends for supporting and advancing the podcast: @marinama2728@deborahchoi1455@annkowong@yewchoutan5876Full transcripts of episodes can be found here: https://www.ykeith.com/tag/podcast/Feel free to mingle in the comments below or head to...Instagram: https://www.instagram.com/frontrow.65/Linkedin: https://www.linkedin.com/in/keith-yap/Website: www.ykeith.comEmail: keith@frontrow65.coGet access to every episode by subscribing for free on Spotify: https://creators.spotify.com/pod/show/keith-yap8 or Apple Podcasts: https://podcasts.apple.com/sg/podcast/front-row/id1771599400

Ratings & Reviews

4
out of 5
2 Ratings

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Front Row Interviews with experts to expand your mental map of the world. Made in Singapore. For Asia and the World.

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