Paul S. Atkins
Member TARP Oversight Panel, US Congress, & Former Commissioner SEC
Securities and Exchange Commission
Paul S. Atkins was appointed by President George W. Bush to be a commissioner of the Securities and Exchange Commission on July 29, 2002. His term expires in 2008.
Commissioner Atkins' 22-year career has focused on the financial services industry and securities regulation. Before his appointment as commissioner, he assisted financial services firms in improving their compliance with SEC regulations and worked with law enforcement agencies to investigate and rectify situations where investors had been harmed. The largest of these investigations involved the Bennett Funding Group, Inc., a $1 billion leasing company that perpetrated the largest "Ponzi" fraud in U.S. history, in which more than 20,000 investors lost much of their investment. Assisting the company's court-appointed bankruptcy trustee, he served as crisis president of Bennett's sole surviving subsidiary. By stabilizing its finances and operations and rebuilding and expanding its business, Commissioner Atkins improved its share value for the remaining investors by almost 2000%.
From 1990-94, Commissioner Atkins served on the staff of two former chairmen of the SEC, Richard C. Breeden and Arthur Levitt, ultimately as executive assistant and counsellor, respectively. Under Chairman Breeden, he assisted in efforts to improve regulations regarding corporate governance, enhance shareholder communications, strengthen management accountability through proxy reform, and decrease barriers to entry for small businesses and middle market companies to the capital markets. Under Chairman Levitt, he was responsible for organizing the SEC's individual investor program, including the first investor town hall meetings, an SEC consumer affairs advisory committee, and other investor education efforts, including the original Invest Wisely brochures regarding the fundamentals of the retail brokerage relationship and mutual fund investment.
Commissioner Atkins began his career as a lawyer in New York City, focusing on a wide range of corporate transactions for U.S. and foreign clients, including public and private securities offerings and mergers and acquisitions. He was resident for 2 years in his firm's Paris office and admitted as conseil juridique in France in 1988.
A member of the New York and Florida bars, Commissioner Atkins received his J.D. from Vanderbilt University School of Law in 1983 and was Senior Student Writing Editor of the Vanderbilt Law Review. He received his A.B. from Wofford College in 1980 and was a member of Phi Beta Kappa. Originally from Lillington, North Carolina, Commissioner Atkins grew up in Tampa, Florida. He is married with three sons, aged 13, 10 and 7.
Former Chairman of Europe, Middle East and Africa
Bob Wigley joined Merrill Lynch in 1996 to help spearhead the development of Merrill Lynch's European investment banking business.
He was chairman of the Review Panel of industry experts of the Mayor of London, Boris Johnson-Commissioned Report on London's Competitiveness as a financial centre, "Winning in a Changing World", published in December 2008.
Bob became Co-Head of Corporate Broking in 2000, Co-Head of UK Investment Banking in 2001, Global Co-Head of Telecom and Media Investment Banking in 2002 and Chairman of EMEA Corporate Banking from 2003 before taking up his current position in December 2004.
Bob chaired Merrill Lynchï¿½s EMEA Region Management Committee and sat on Merrill Lynchï¿½s Global Operating Committee and Client Coverage Council.
As a client banker, Bob has advised on many of Merrill Lynch's larger European transactions.
Bob is a member of the Court of the Bank of England and a member of its Risk Policy Committee and a Non-Executive Director of LCH.Clearnet. He is a Deputy Chairman of Business in the Community (the UK corporate social responsibility organization) and Chairman of BITCï¿½s Education Leadership Team. He is a member of the Senior Practitioner Committee of the Financial Services Authority, a member of the Chairmanï¿½s Committee of the London Investment Banking Association, a member of the Panel on Takeovers and Mergers, a member of the Chancellorï¿½s ï¿½wise menï¿½ group representing key financial stakeholders in London, a member of the EU Advisory Board of the London Corporation, a member of the Presidentï¿½s Group of the Employersï¿½ Forum on Disability and is on the Advisory Council of Business for New Europe. He is a Fellow of the Royal Society of Arts, Manufactures and Commerce and is a member of the Court of the Guild of International Bankers. He is a Fellow of the Institute of Chartered Accountants and has a business degree from Bath University. He is married with three children.
JPMorgan Chase International
Andrew Crockett is President of JPMorgan Chase International. Before joining JPMorgan
Chase, Mr. Crockett had been General Manager (CEO) of the Bank for International
Settlements ("The Central Banks' Bank"), serving two five-year terms. At the request of the
G- 7 Finance Ministers, he also served from 1999-2003 as the first Chairman of the Financial
Stability Forum. Earlier in his career, Mr. Crockett had held senior positions at the Bank of
England and the International Monetary Fund.
Mr. Crockett has also served in the past as Chairman of Working Party 3 of the OECD, as
Alternate Governor of the IMF for the United Kingdom, as a member of the Monetary
Committee of the European Union; and as a Trustee of the International Accounting
Standards Committee Foundation. He is currently a member of the Group of30, Chairman of
the Per Jacobsson Foundation, Chairman of the "Committee of Eminent Persons to Study
Long-term Sustainable Financing of the IMF", member of the International Council of the
China Banking Regulatory Commission, member of the International Council of the China
Development Bank, Director of the International Centre for Leadership in Finance (Malaysia),
and a trustee of the American University of Beirut.
Among honours received by Mr. Crockett are Honorary LLD (University of Birmingham)
European Banker of the year (2000), and Knight Bachelor (United Kingdom, 2003). He is the
author of several books on economic and financial subjects, as well as numerous articles in
Born in Glasgow in 1943, Mr. Crockett was educated at Cambridge and Yale universities. He
is married with three children.
Chairman of the Euroclear Management Committee and Chief Executive Officer
Pierre Francotte is Chief Executive Officer and Chairman of the Management Committee of Euroclear SA/NV. He is also Chairman of the Boards of Euroclear Bank, Euroclear France and CRESTCo.
Mr. Francotte joined Euroclear in 1993 as Assistant General Counsel. He became head of the Legal division in 1994. He then became head of the Transaction Processing division before being appointed Chief Operating Officer, with responsibility for settlement, custody and related operations, in 2000. Later in that year, he was appointed General Manager and, on the creation of Euroclear Bank in 2001, was appointed its first Chief Executive Officer.
Earlier in his career, Mr. Francotte was Assistant General Counsel at the International Monetary Fund.
Mr. Francotte holds a Bachelor’s degree in Law and a Master’s degree in Financial and Economic Law from the Université Libre de Bruxelles (Belgium). He also holds a Master’s degree in Comparative Law from the University of Cambridge (UK).
DEBORAH M. STURMAN is a distinguished international litigator. She is fluent in German and several other European languages and represents European institutional investors in securities actions in the United States. She also counsels European investors in connection with their United States investments.
Ms. Sturman conceived of and filed the first suits in United States courts on behalf of Holocaust-era slave labor victims that led to recoveries of approximately $7 billion. She has been profiled in both The Wall Street Journal and Financial Times for her innovative lawyering. Ms. Sturman regularly appears as a legal commentator on German, Dutch and Belgian television, as well as on numerous international and national Continuing Legal Education panels for complex and international litigation.
During the 1990s, she represented Holocaust survivors and their heirs seeking restitution of real property in the former East Germany "Aryanized" during World War II. Deborah is a member of the California Holocaust Era Insurance Oversight Committee, to which she was appointed by California Governor Gray Davis in 2000. She was also appointed Special Liaison Counsel in In re Holocaust Victim Assets Litigation. In 2000, she was a runner-up for National Law Journal Lawyer of the Year.
Ms. Sturman received a Prix d'Excellence from the Royal Brussels Conservatory of Music and a J.D. from the University of California at Los Angeles School of Law. She practices primarily out of the firm's New York office.
De Nederlandsche Bank NV
Arnold Schilder (1948) is as of 1 July 1998 Executive Director at De Nederlandsche Bank NV (DNB) in charge of prudential supervision on financial institutions. He is a member of the Basel Committee on Banking Supervision (BCBS) and a member of the Committee of European Banking Supervisors (CEBS). From 1999-2006, he served as Chairman of the BCBS Accounting Task Force.
Furthermore, he is Chairman of the European Interim Working Committee on Financial Conglomerates (IWCFC) and also is a member of the Public Interest Oversight Board (PIOB).
He holds a post as part time Professor of Auditing at the University of Amsterdam since 1991; from 1988-1998 he served in a similar position at the University of Maastricht. He is chairman of the Advisory Board of the Master of Compliance Education Program at the Free University, Amsterdam.
In 1994 and 1995 he was chairman of the Koninklijk Nederlands Instituut van Registeraccountants NIVRA (professional organization of chartered accountants). Under his chairmanship, NIVRA was awarded the title ‘Royal’ at the occasion of its 100th anniversary. Arnold led the process which resulted in a full harmonization of the Codes of Ethics of NIVRA and the second tier body NOVAA, including standards for quality control and peer review. As NIVRA’s chairman, Arnold was also a Board member of IFAC.
He also served as a member of the tripartite Dutch Council for Annual Reporting from 1996-1998.
Until 30 June 1998, he was a senior international audit-partner of PricewaterhouseCoopers, serving clients such as Unilever, Reed Elsevier, Océ and Buhrmann. Earlier, he was involved in services rendered to the small and medium-sized business sector. His consultancy work included boardroom consultancy, arbitration, mergers and takeovers, restructuring, and technical auditing and accounting issues.
Professor Schilder has published on accounting and auditing, professional ethics, corporate governance and financial reporting.
He studied theology (major subject: ethics) at the University of Utrecht (graduating in 1974) and accountancy (graduating as Registeraccountant in 1980). He obtained a PhD in economics at the University of Groningen in 1994. He received the Sinnighe Damsté Award and the Alfred Coini Award for some of his publications.
He has been decorated Knight of the Order of Oranje Nassau (2001).
Arnold and his wife Eefke have three children and three grandchildren.
Leon J. Bloom
Deputy Managing Partner, Global Financial Services Industry Practice
Deloitte & Touche LLP
Leon Bloom is a Partner with Deloitte & Touche LLP and is a member of the Management Board of the firm’s Global Financial Services Industry (GFSI) practice. He oversees the various global service lines that support this practice including the Risk and Capital Management service line.
Leon's practice focus includes the provision of capital management, risk management and financial governance consulting services to public and private sector clients. He has had numerous related articles published including in American Banker, European American Business Journal, Bank Director, Bank Accounting & Finance, Boardroom Intelligence, Australian Banking & Finance, and CA Magazine. He is also a co-author of the “Basle Implementation Handbook” published 2004 by Erich Schmidt Verlag (ESV).
Leon specialises in the area of capital management including stochastic modelling of non life, life and banking businesses. He has extensive experience advising many regulators, insurers and banks on designing and using such models for a variety of purposes including rating agency ratings and economic and regulatory capital requirements. He also the co-architect of the Deloitte’s Enterprise Risk Management (ERM) methodology and has led its implementation in some of the world’s leading financial institutions.
Leon is a graduate of the University of London, England and the J. L. Kellogg Graduate School of Management at Northwestern University, Evanston, Illinois, USA. He is a member of professional associations in Europe and North America.
James H. Leigh-Pemberton
Chairman, European Investment Banking
Credit Suisse Securities (Europe) Limited
James H. Leigh-Pemberton is a Managing Director of Credit Suisse in the Investment Banking division, based in London. He is Chairman of European Investment Banking, Chairman of European Equity Capital Markets and Chairman of U.K. Corporate Broking. He is a member of the Strategic Advisory Group in Europe (SAGE), a group of senior investment bankers who are focused on leading existing and developing new key client relationships across Europe, as well as mentoring bankers across the Investment Banking department. He is also a member of the Chairman's Board of the Investment Banking division and a member of the EMEA Investment Banking Management Committee.
Mr. Leigh-Pemberton joined Credit Suisse First Boston in 1994 and during his eleven years with the Firm, has led both our European Equity Capital Markets and European Investment Banking businesses. Prior to joining CSFB, Mr. Leigh-Pemberton was a Director of S.G. Warburg Securities, where he worked for 15 years, most recently as Joint Head of U.K. Equity Sales
Mr. Leigh-Pemberton received his M.A. from Oxford University.
Enda Faughnan is head of Tax Financial Services in PricewaterhouseCoopers in Ireland. He is a member of the Technical Committee of the Chartered Association of Certified Accountants in Ireland and is their representative on the Tax Administration Liaison Committee (TALC) and on the Consultative Committee of Accountancy Bodies in Ireland (CCAB-I). Enda is also a member of the Banking and Treasury Group, a Government appointed committee responsible for the promotion and development of financial services in Ireland. He is also a member of the International Financial Services Tax group, which has been set up resolve tax issues arising from the workings of the other Government committees
Enda specialises in providing tax consultancy services to the financial services sector in Ireland and abroad. His clients include domestic and international banks as well as financial services subsidiaries of major multi-national corporations.
He joined Price Waterhouse in 1985 and was made a tax partner in 1988.He was appointed head of Tax Services in Pricewaterhouse in 1995 and appointed head of Tax and Legal Services in PricewaterhouseCoopers in 1998 on the merger with Coopers & Lybrand. He stepped down from this position in July 2003 to concentrate on international financial services client work. Enda was formerly a Higher Grade Tax Inspector based in the Technical Division of the Irish Revenue.
Enda's professional qualifications include a Batchelor of Arts, Master of Arts, Higher Diploma in Education (1st place) and is a fellow of the Chartered Association of Certified Accountants. He achieved first place in the world in his final ACCA exams.
Patrick Neary is the Chief Executive of the Financial Regulator, which is responsible for the regulation of the Financial Services industry, both from a prudential and a conduct of business viewpoint.
Patrick Neary was appointed to the position of Chief Executive in February 2006. Prior to this, he held the position of Prudential Director of the Financial Regulator from 2003. In this role his responsibilities included the protection of consumers’ deposits, funds and policies. He is a fellow of the Chartered Association of Certified Accountants (FCCA). He was previously Head of Securities and Exchanges Supervision and Deputy Head of Banking Supervision in the Central Bank of Ireland. He began his career in 1971.
Patrick L Young
Patrick L Young is a leading expert in all aspects of global market infrastructure and financial centres, and the pubisher of Exchange Invest the daily newsletter on all aspects of securities and derivatives exchanges worldwide. He is the author of several books, including the bestselling "Capital Market Revolution", and "New Capital Market Revolution", as well as "The Promiscuous Investor" and "The Exchange Manifesto".
Young advises on investment in exchanges and financial market infrastructure world-wide, and is a member of the Leaders Programme (top 5 p.c.) of the world's largest research consultancy, Gerson Lehrman Group. He has been involved in advising financial centres world-wide for more than a decade.
Patrick returns to moderate sessions at the Financial Centres Conference this year. A frequent broadcaster and speaker at industry conferences throughout the world, he has written Op Eds for leading financial newspapers including AFR, Financial Times and the Wall Street Journal."Patrick L Young is a leading expert in all aspects of global market infrastructure and financial centres. As the author of three books, including the bestselling "Capital Market Revolution", and "New Capital Market Revolution", as well as "The Promiscuous Investor" and "The Exchange Manifesto".
See Patrick's summary as concluding chairman of Fintel's 2009 Global Financial Services Centres Conference here:
Chief Executive Officer
Sean Dorgan has been Chief Executive of IDA Ireland since 1 January 1999.
Since his appointment as Chief Executive of IDA, Mr Dorgan has led steps to add to Ireland’s competitive advantages in knowledge-based activities, especially through enhancement of skill and research capabilities, in flexible and speedy operating conditions and in tax. He has also taken a special interest in the achievement of balanced regional development in Ireland.
Prior to joining IDA, Mr Dorgan was at different times:
Secretary General of the Department of Industry and Commerce,
Secretary General of the Department of Tourism and Trade,
Chief Executive of the Institute of Chartered Accountants in Ireland,
Member of the Board of the Industrial Development Authority,
Member of the National Economic and Social Council.
State Street International
William assumed the position of managing director of State Street International (Ireland) Limited in February 2003, following the acquisition by State Street Corporation of Deutsche International (Ireland) Limited. William had been managing director of Deutsche International (Ireland) Limited since January 2002. He worked for the Central Bank of Ireland for more than twenty years until 1996 and was responsible for supervising Dublin's International Financial Services Centre from its establishment in 1987 until 1995. Immediately prior to leaving the Central Bank he was deputy head of banking supervision where he was responsible for the supervision of all Irish banks and building societies.
William joined Deutsche Morgan Grenfell (Ireland) in 1996. Following a short period in Ireland, he moved to London where he held a number of senior compliance and risk management positions in the asset management division of Deutsche Bank. From 1999 - 2001 he was managing director and global head of risk management for the division.
Head of Offshore Administration
Harley Murphy has responsibility for Mellon’s offshore fund administration and trustee businesses. He joined Mellon in August 2000 as Managing Director of Mellon Fund Administration (Dublin) Ltd. In February 2003 he moved to the UK to head up the Investor Services business in Edinburgh, part of Mellon European Funds Services. In April 2004, following a three month secondment with Mellon Global Investments in Melbourne Australia, Harley was appointed Regional Head Scotland for Mellon European Fund Services, based in Edinburgh. In July 2006, Harley returned to Dublin to take-up the newly created position of Country Manager for Mellon in Ireland.
Prior to joining Mellon, Harley was a Senior Vice President in the International Division of ABN AMRO Bank NV, based in Amsterdam. Having joined ABN AMRO in Dublin he worked for 12 years as an expatriate working in the Far East and Continental Europe. Harley is a qualified accountant (FCCA) and holds a Masters in Organisational Studies from the Smurfit Business School of University College Ireland.
Futures and Options Association (FOA)
Anthony Belchambers is a barrister and currently Chief Executive of the FOA. Previously he served as General Counsel for the UK Joint Exchanges Committee (JEC) where his responsibilities included co-ordinating exchange activities and lobbying on behalf of the London-based derivatives markets in relation to international, EU and UK regulation and taxation issues. Prior to joining the JEC, he held the position of Company Secretary and General Counsel to the Association of Futures Brokers and Dealers (AFBD), where he played a major role in securing the licensing of the first UK regulatory authority to cover derivatives and drafting the UK regulations for derivatives.
He is also Chair of MiFID Connect, a member of the Court of the Guild of International Bankers (GIB) and a co-founder, in their original forms, of both the Alternative Investment Management Association (AIMA) and the European Parliamentary Financial Services Forum (EPFSF). He initiated the establishment of the UK Parliament's Associate Parliamentary Group on Wholesale Financial Markets and Services and the EU/US Coalition on Financial Regulation.
More generally, he is closely involved with HM Treasury and UK Trade & Investment in developing London's role as a global financial centre and is a regular member of the Lord Mayor's business parties on overseas missions.
To view a copy of the Second EU-US Coalition Report on Financial Regulation please click here
Tax Partner, Financial Services Group
Ernst & Young
PJ Henehan is a tax partner in Ernst & Young's Financial Services Group and has been with the firm for over 25 years. With more than two decades of experience in the taxation field, he is a leading expert in structuring financial products for banks, fund management and insurance companies, as well as for high net worth clients.
He is a member of the Ernst & Young Global Financial Services Group, consisting of professionals from such disciplines as tax, structured finance, audit and actuarial services. PJ lectures regularly on taxation for various professional organisations in Ireland and abroad. He is also the author of numerous articles and booklets for Ernst & Young and its clients. He is a member of the Taoiseachs Insurance Committee, which advises Government on the development of Ireland as an insurance domicile of choice. He is a Fellow of the Irish Taxation Institute and a Fellow of the Association of Chartered Certified Accountants.
Head of Accounting and Corporate Governance Research, Credit Policy Group
Fitch Ratings Ltd
Bridget Gandy is a managing director in Fitch Ratings’ Credit Policy Group, where she is responsible for Accounting and Corporate Governance Research and Policy. She moved to this position in mid-2004 from Fitch’s Financial Institutions Group, where she had directed regional coverage of banks in Germany, Switzerland, Austria, Central and Eastern Europe.
Prior to joining Fitch in 1992, Bridget was an auditor for Deloitte & Touche, based in the Financial Institutions Groups in London and in Frankfurt. She worked on a variety of audit and other assignments, including auditing banks in Luxembourg.
Bridget earned a BA in German and politics from the University of Bristol. She is a chartered accountant.
Irish Funds Industry Association (IFIA)
Gary Palmer is the Chief Executive of the Irish Funds Industry Association, the representative Association for the investment funds industry in Ireland. Gary is also a director and board member of the European Funds and Asset Management Industry Association (EFAMA) and of the US based National Investment Company Service Association (NICSA). He is a member of An Taoiseach’s (the Prime Minister’s) Investment Funds Committee and Asset Management Task Force as well as being a member of the Department of Finance’s IFSC Tax Working Group and the Financial Regulator’s Financial Services Consultative Industry Panel. Gary is also on the board of the National College of Ireland’s International Financial Services Institute.
A graduate of University College Dublin, prior to his current position Gary was the Director of Development with The Institute of Bankers in Ireland.
Paul Reck is an international tax partner at Deloitte specialising in financial services tax, including banking, insurance and fund management. Other special assignments include cross border leasing, structured finance transactions and securitisations.
The International Tax Review – World Tax Report 2005 identified Paul as one of the leading individual tax professionals in Ireland in relation to cross border structuring and M&A transactions. He is also co-author of the Irish Taxation Institute's annual tax publication 'Taxation Summary'. Paul was part of the core Deloitte team that produced the 'Study on the Future of the Financial Services Sector in Ireland' for the IDA.
Chairman, Federation of International Banks in Ireland and Managing Director
DEPFA ACF BANK
Michael Deeny is Managing Director of DEPFA ACS BANK, a subsidiary bank of the Dublin-based DEPFA BANK Group. He joined DEPFA in 1996, and since then has worked in the public finance, controlling and infrastructure finance departments.
In 2004, he was appointed Managing Director of DEPFA ACS BANK, the entity with primary responsibility for the issuance of long term funding products for the DEPFA Group.
Prior to joining the DEPFA BANK Group, Michael worked for AIB Bank from 1988 to 1996. He holds B.Comm.(1988) and MBA (2002) degrees from University College Dublin and is a qualified accountant.
Michael was recently appointed Chairman of the Federation of International Banks in Ireland (FIBI), an affiliate of the Irish Banking Federation. FIBI represents the international and wholesale banking community in Ireland, with over 50 members including 25 of the 50 largest global banks.
Dublin International Insurance and Management Association (DIMA)
Sarah Goddard is the Chief Executive Officer of the Dublin International Insurance & Management Association (DIMA), the representative body for international re/insurers operating in Ireland, now one of the world's leading cross-border re/insurance centres. She sits on a number of industry groups and panels including the IFSC Insurance Group and the Industry Consultative Panel for the Irish Financial Services Regulatory Authority.
She has spent more than 20 years involved in the international re/insurance sector, primarily as a specialist journalist, commentator and broadcaster. She has moderated and given presentations at conferences around the world, most recently focussing on the impact of the turbulent economic environment on the international re/insurance business, and the regulatory changes currently underway globally.
International Capital Market Association (ICMA)
Whilst not employed by ICMA, Richard Britton represents the Association on a number of matters relating to the regulation of the international securities market with a particular focus on EU legislation. Previously, from February 1999 to June 2001, Mr. Britton was a director and Head of Market Supervision at COREDEAL Limited, the former Recognised Investment Exchange for international securities. Prior to this Mr. Britton worked for thirteen years at the UK Financial Services Authority (FSA) and its predecessor body, the Securities and Investments Board (SIB). His responsibilities included the recognition and subsequent oversight of the London Stock Exchange and oversight of LIFFE. He also spent two years in the Enforcement Division of the SIB. Mr. Britton joined the SIB from Drexel Burnham Lambert in London in 1985. Previously he had been an international bond market salesman at Merrill Lynch for twelve years.