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HKUST President Prof. Nancy IP Attends “Winter Davos” 2024

President of the Hong Kong University of Science and Technology (HKUST), Prof. Nancy IP was among the esteemed global leaders and personalities attending the 2024 World Economic Forum in Davos-Klosters, Switzerland to address some of the most substantive issues facing our world today. Prof. Ip added her unique perspective to vibrant discussions on healthy aging, climate change, the integral role of universities in fostering advancements in sustainability, and AI research and education.

Under the theme of “Rebuilding Trust”, this year’s Annual Meeting convened over 3,000 distinguished global leaders from government, business, and civil society from more than 125 countries, including members from the G7, G20 and heads of international organizations, to rebuild a basis of trust amidst complex challenges, foster global cooperation, and address pressing issues such as climate change, economic growth, artificial intelligence among others.

As the sole university president from Hong Kong at the Forum, Prof. Ip was invited to participate in a number of important exchanges, including a panel discussion on global demographic shifts entitled, “Navigating Longer Lifespans”. Prof. Ip shared insights with prominent leaders from multinational corporations and government entities including European Commission, Manulife Financial and Mercer (Marsh McLennan). She underscored the importance of maintaining brain health and enriching quality of life as we age.

“It’s not just about adding more years to our life, but adding life to our years,” Prof. Ip said. “We need to ensure that our extended lifespans are marked by vitality, cognitive clarity, and the ability to make meaningful contributions to society.” While technological advancements have greatly improved overall health conditions, the elderly population remains vulnerable to age-related diseases. For instance, projections indicate that the global number of individuals afflicted by Alzheimer’s Disease (AD) is expected to surpass 100 million by 2050.

In light of the circumstances, Prof. Ip calls for the prioritization of “brain health for all”. She urges the public and private sectors to invest in research, and allocate additional resources towards understanding the intricacies of aging brains, with the aim of mitigating the risk of neurodegenerative diseases among the elderly population. As a higher education leader, Prof. Ip champions the importance of universities in promoting lifelong learning and implementing flexible curricula to empower the elderly to re-engage with the workforce.

As an internationally acclaimed neuroscientist, Prof. Ip has garnered global recognition for her exceptional contributions to the development of diagnostic, prognostic, and therapeutic tools for AD. Notably, her research team’s groundbreaking development of a simple yet robust blood test for early detection and screening of AD stands as testament to her commitment to combating this global health challenge.

Beyond the panel discussion, Prof. Ip hosted a table at a gala dinner, where she facilitated dialogues with luminaries. Their conversations explored the synergies between science, culture, and business in addressing the pressing challenges posed by climate change and the environment.

At the thought-provoking meetings of the Global University Leaders Forum (GULF), an exclusive platform consisting of 29 presidents of the world’s top universities, Prof. Ip stated that by harnessing the collective power of our intellectual capital through open innovation, we could unleash infinite possibilities for a sustainable and resilient future. In another GULF meeting on AI governance, Prof. Ip underscored the importance for universities to holistically integrate ethics, social impact, and governance into AI-related curriculum.

Reflecting on the forum, Prof. Ip expressed her deep appreciation for being a part of the significant event, “In a world full of uncertainties and challenges, universities play a pivotal role in driving collaboration for the betterment of society. The Forum provides a crucial platform for leaders around the world to deep-dive into critical issues that shape the future. Through these fruitful and insightful exchanges, I am delighted to contribute to shaping ideas and generating insights for building a better planet.”

About The Hong Kong University of Science and Technology

The Hong Kong University of Science and Technology (HKUST) (https://hkust.edu.hk/) is a world-class research intensive university that focuses on science, engineering and business as well as humanities and social science. HKUST offers an international campus, and a holistic and interdisciplinary pedagogy to nurture well-rounded graduates with global vision, a strong entrepreneurial spirit and innovative thinking. Over 80% of our research work were rated “Internationally excellent” or “world leading” in the Research Assessment Exercise 2020 of Hong Kong’s University Grants Committee. We were ranked 2nd in Times Higher Education’s Young University Rankings 2023, and our graduates were ranked 29th worldwide and among the best from universities from Asia in Global Employability University Ranking 2023. As of September 2023, HKUST members have founded 1,747 active start-ups, including 9 Unicorns and 13 exits (IPO or M&A), generating economic impact worth over HK$ 400 billion. InvestHK cited QS World University Rankings by Subject 2021 to demonstrate the performance of five world’s top 100 local universities in several innovation-centric areas, among which HKUST ranked top in four engineering and materials science subjects.

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