'To 2025 and beyond' - the big issues facing global financial services
The looming Brexit on March 29th, the future for European Capital Markets after that, and the problems and opportunities facing global financial markets businesses and financial centres form the agenda of The Financial Centres Summit, Dublin, 2018 (FCSDublin).
Inspiring figures from the coalface of IFS will address the themes of product development, risk management, the forces of technology, and the product and jurisdictional platforms of the future in 13 sessions that will hear over 50 speakers expert in global capital markets, portfolio management and aviation finance. The Summit will present unique opportunities for delegates to mix at the numerous social events at the Summit which will start with a Welcome Reception on the evening of October 2nd. This will follow afternoon Masterclass Workshops that will kick off the Summit with sessions that will see some of the most insightful thinkers examine the potentials for real business solutions in areas of key interest, such as KYC, derivatives contracts, and custody.
See the FCSDublin latest Speaker Announcements here:
Head of International Financial Services, Corporate Strategy and Public Policy, IDA Ireland
Kieran Donoghue is Head of International Financial Services, Corporate Strategy and Public Policy at IDA Ireland. Since before the global financial crisis he has led the marketing of Ireland as a location for international financial services.
Chief Executive Officer and Executive Director, AerCap
Mr Kelly was appointed Executive Director and Chief Executive Officer of AerCap on May 18, 2011. Previously he served as Chief Executive Officer of AerCap's U.S. operations from January 2008 to May 2011. Mr. Kelly served as AerCap's Group Treasurer from 2005 through December 31, 2007. He started his career in the aviation leasing and financing business with Guinness Peat Aviation (GPA) in 1998 and continued working with its successors AerFi in Ireland and debis AirFinance and AerCap in Amsterdam. Prior to joining GPA in 1998, he spent three years with KPMG in Dublin. Mr. Kelly is a Chartered Accountant and holds a Bachelor's degree in Commerce and a Master's degree in Accounting from University College, Dublin.
Senior Vice President. Product Development Alternatives, Northern Trust Ireland
Ian Headon is responsible for technical development of, and regulatory deployment within, Northern Trust's depositary business across EMEA. He joined Northern Trust in May 2005. He has been Chairman of Irish Funds Task Force on AIFMD and is currently on the Industry's Alternatives Steering Group.
Partner, Financial Services Group, Matheson
Tara Doyle is a partner and head of the Asset Management and Investment Funds Group at Matheson. She practises Irish financial services law and advises many of the world's leading financial institutions, investment banks, asset management companies, broker-dealers and corporations carrying on business in Ireland or through Irish vehicles. Tara has extensive experience in advising a wide range of domestic and international clients on the structuring, establishment, marketing and sale of financing and investment vehicles and products in Ireland and other jurisdictions. In particular she specialises in advising on the legal and regulatory issues surrounding the establishment of private and public investment funds, the structuring, offer and sale of investment instruments and investment products, the provision of investment advice and other financial services and the public issuance of equity and debt securities. Tara has spoken at a number of international financial services conferences, including the IFIA seminars in Milan, Frankfurt, New York, Boston, Hong Kong, Tokyo and Singapore and has contributed articles to financial services and investment industry journals. Tara is a member of the Council of Irish Funds, the representative body for the Irish funds industry.
Christian Donagh is a partner in the Structured Finance and Derivatives Group at Matheson and is head of the firm's derivatives practice. Christian's practice focuses on advising asset managers and investment banks doing business in and from Ireland in relation to securitisations, CLOs, fund-linked structured products, repackagings, securities lending and repos. Christian regularly advises Irish corporates and their counterparties in relation to ISDA master agreements and collateral arrangements relating to over-the-counter derivatives transactions such as interest rate and currency linked swaps, caps and collars and on compliance with EMIR. Frequently, the firm provides legal opinions on issues relating to the enforceability of close-out netting provisions and collateral arrangements documented using industry standard or bespoke derivatives, repo and prime brokerage documentation.
COO, SMBC Aviation Capital
David Swan is Chief Operating Officer of SMBC Aviation Capital, a role he has held since 2004, having joined the company in 2002. His responsibilities include overseeing the Operating Platform along with Risk and Asset Management of the company's $15bn aircraft leasing business. He has over 25 years aviation industry experience and has held various international banking roles. He served as director on the Board of the International Society of Transport Aircraft Trading (www.ISTAT.org) from 2011 to 2017 and is currently on the Board of Trustees of the ISTAT Foundation. David has also represented SMBC Aviation Capital at the Aviation Working Group (www.AWG.aero) since 2004.
Chief Financial Officer, Ryanair
Neil Sorahan was appointed Chief Financial Officer of Ryanair in October 2014, having previously served as its Finance Director from June 2006. Prior to that, he was Ryanair's Group Treasurer from January 2003. Before joining Ryanair, Neil held various finance and treasury roles at CRH plc, the international building materials group (June 1992 to December 2002).
Head of Asset Servicing Product Innovation, EMEA, Northern Trust
Anthony has worked in the financial services industry for 15 years and joined Northern Trust in October 2007. He manages Northern Trust's Asset Servicing Product Innovation Group, which is responsible for developing new products, keeping the business up to date with technology changes in the both the financial and non-financial markets, as well as looking to access new external technologies and services that will enhance our clients' investment management processes. During his time at Northern Trust, Anthony has run the EMEA Product Solutions group, has built out Northern Trust's collateral and liquidity solution for clients who will trade derivatives under the EMIR regulatory framework, and has run the EMEA performance analytics function supporting both asset managers and owners. Prior to joining Northern Trust, Anthony worked for Mellon Analytical Solutions (MAS) where he was responsible for relationship management, working with over 200 asset management clients. Earlier, he worked for Merrill Lynch Investment Managers, where he supported the international book of business for the performance team, and at Intersec Research.
Managing Director, AFIC, Marsh
Since June 2017, Robert Morin has been the Managing Director, Transaction and Business Development Leader of the Aircraft Finance Insurance Consortium (AFIC), a groundbreaking collaboration between Marsh and a panel of highly-rated global insurance companies to offer a new way to protect the financing of purchases of Boeing commercial aircraft. Prior to the launch of AFIC, Mr. Morin was the SVP of Business and Product Development at the Export-Import Bank of the United States (EXIM Bank), and, prior to that, the Vice President of EXIM Bank's Transportation Division for more than 15 years. During his time leading the Transportation Division, Mr. Morin oversaw the successful expansion of EXIM Bank's aircraft financing program, as it grew from a portfolio of approximately 300 aircraft to more than 1,100 commercial aircraft leased to airlines and aircraft leasing companies around the world and securing more than $50 billion in EXIM Bank loan guarantees. Mr. Morin was also responsible for pioneering new products and initiatives including EXIM Bank's hugely successful capital markets product.
Chief Executive Officer - International DST Financial Services, DST International Holdings Ltd
As both a regulator and industry leader William Slattery has been one of the most influential figures in both the creation and growth of Ireland's IFS industry. During his 23 year tenure at the Central Bank of Ireland he was instrumental in developing the Irish funds regulatory regime and the subsequent development of Ireland's world-class funds sector. Highly regarded in both the public and private sectors, the former head of State Street's Irish and Luxembourg businesses was a long-standing member of the Irish Government's IFSC Clearing House Group, is a former Chairman of Financial Services Ireland and was a member of the Public Expenditure Review Group, established by the Irish Government in 2009, as part of its response to the Irish economic crisis.
President and CEO, CDB Aviation
Peter Chang, the President and CEO of CDB Aviation, the aviation leasing arm of China Development Bank, one of the three 'policy banks' of the Peoples' Republic of China, has been an active member of the aviation community for the past four decades, starting his career in Boeing, and entering the leasing industry with Guinness Peat Aviation. He was the pioneer of aircraft leasing in China, having leased the first aircraft there as MD at GPA. He started work at Boeing immediately after graduating in 1979 and his vast experience includes manufacturing, sales and leasing. Having long been at the forefront of aviation leasing, aside from serving in China as MD at GPA, he has served as Executive Vice President of Aircastle Advisers and International Leasing Finance Corporation. Prior to joining CDB Aviation he was the Principal for the China Aviation Advisors Group.
Director, FCCA FCSI FBCS, Z/Yen Group Limited
Michael Mainelli is a pioneer of distributed ledger technology (DLT), or mutual distributed ledgers (MDL), having begun work in the area in 1995. A global authority on DLT, Mainelli's company Z/Yen has developed around 200 ledgers for a wide array of clients, with over 50 major variants in architecture since 1995. Mainelli is the founder of the Global Financial Centres Index and has advised the Irish Government on the development of the Irish IFS industry through his role as the international member of the Irish Department of Finance's IFS2020 Industry Advisory Committee.
Assurance Partner, EY
Lisa Kealy is an Assurance Partner in EY's Financial Services Organisation and has more than 18 years' experience in the provision of audit and advisory services to the financial services industry. Lisa specialises in both regulated and alternative investment funds and her client base includes Irish and offshore investment funds, asset management companies, administrators and treasury operations. Lisa advises clients on many aspects of accounting, regulatory, market, industry and operational matters. Lisa is the firm's Asset Management Exchange Traded Fund (ETF) leader for EMEIA and has written reports on both the European and global ETF market. She has also written numerous articles on the asset management industry covering a variety of industry topics which impact on investment funds, market dynamics and regulatory topics. Lisa has also spoken at a number of international conferences in various European and Asian cities. Lisa holds a first class honours degree in Pure Mathematics from Trinity College Dublin and is a fellow of the Institute of Chartered Accountants in Ireland, from which she holds a practicing certificate. She is a member of the IFIA's ETF group and a past member of IFIA's alternative investment committee.
Former SEC Commissioner, USA; Chief Legal Officer, Mylan Inc, Former CEO of Patomak Partners LLC Washington DC.,
Daniel M Gallagher was a Commissioner of the U.S. Securities and Exchange Commission (SEC) from November 7, 2011 to October 2, 2015, and until 2017 has served as President of Patomak Global Partners, LLC., He is Chief Legal Officer of Mylan Corp, and is a former director of the Irish Stock Exchange. As SEC Commissioner, he directed the SEC's reform of Money Market Funds regulation in the United States. https://twitter.com/DanGallagherGrp
Partner, Aviation Finance, EY
John McCormack is an audit partner in EY's Financial Services Organisation and has over 20 years' experience in the provision of audit, accounting and regulatory services to high-profile international financial services clients. He is also the Assurance Sector Leader for Leasing in Ireland. John has particular experience in IFRS, US GAAP and Irish GAAP and has been involved in both audit and advisory of a number of multinational companies implementing internal control systems for compliance with the requirements of SOX 404. He has also experience working with clients through a full IPO process to a listing on a US exchange. His clients are engaged in a broad range of industries, including Financial Services, Treasury and Leasing. John qualified as a Certified Accountant in 1995 and is a Fellow of the Institute of Certified Accountants.
Deputy Governor, Prudential Regulation, Central Bank of Ireland
Ed Sibley was appointed Deputy Governor, Prudential Regulation on 1 September 2017. He is an ex-officio Member of the Central Bank Commission and is also a member of the Supervisory Board of the European Central Bank - Single Supervisory Mechanism. As Deputy Governor, Prudential Regulation, Ed is responsible for leading the supervision of credit institutions, insurance firms and the asset management industry. Prior to this appointment, he was Director of Credit Institutions Supervision, responsible for overseeing the Central Bank's supervisory work for all banks and credit unions operating in Ireland. He joined the Central Bank in 2012 in the Banking Supervision area. Ed has more than 20 years' experience working in the financial services sector. His previous experience includes working for the UK Financial Services Authority (FSA) leading the supervision of European banks operating in the UK; and a variety of risk management roles in Bank of Ireland and PwC. Ed has an MBA from Smurfit Business School, and a degree in Economics.
Chief Risk Officer, Aberdeen Standard Investments.
Gareth Murphy is Chief Risk Officer of Standard Life Aberdeen plc and Aberdeen Standard Investments. He joined Standard Life in January 2017 as Chief Risk Officer of Standard Life Investments and Deputy Group Chief Risk Officer. Previously, he spent six years as Director of Markets Supervision at the Central Bank of Ireland. During that time, he was also a member of Board of Supervisors of the European Securities and Markets Authority and chair of its Investment Management Standing Committee. From 1995, Gareth spent thirteen years in the investment banking and hedge fund industries, initially at Long-Term Capital Management, then at JP Morgan where he was Co-Head of European Equity Flow Derivatives and then at Castlegrove Capital Management where he was a partner. This period is book-ended by two stints at the Bank of England where he started his career as an economist in 1992 and subsequently returned during the financial crisis in 2008. Gareth Murphy graduated from University College Dublin with a BA in Mathematics and Economics. He holds a Diploma in Mathematical Statistics from the University of Cambridge and an MSc in Economics and Finance from the University of Warwick.
President & CEO, The Toronto Financial Services Alliance (TFSA)
Jennifer Reynolds is the President & CEO of the Toronto Financial Services Alliance (TFSA), a public-private partnership whose mission is to promote and develop Toronto's financial services sector, and to establish its prominence as a leading global financial centre. Jennifer's 20-year career in the financial services industry has included senior roles in investment banking, venture capital, and global risk management. Prior to joining TFSA, Jennifer was the President & CEO of Women in Capital Markets (WCM), Canada's largest industry association and advocacy group for women in the financial sector. Jennifer is a Director on the Board of the Canada Development Investment Corporation ("CDEV") and was named a Women's Executive Network (WXN) Canada's Most Powerful Women: Top 100 Award Winner (2015, 2017).
Director Corporate & Government Rating, S&P Global Ratings
Betsy R. Snyder is a Director in S&P Global Ratings Corporate Ratings group. She joined the company in 1990 and specializes in coverage of transportation companies, including aircraft lessors and the airline industry. She also works extensively on Structured Finance transactions related to her areas of specialization. Prior to joining S&P, Betsy was an equity research analyst for Merrill Lynch and L.F. Rothschild.
Managing Director, External Relations & Strategic Issues, TheCityUK
Gary Campkin, Managing Director, External Relations & Strategic Issues, has wide business experience with over 25 years working at the CBI, including 15 years as Head of the International Group, and as an independent consultant. He has led work on multilateral and bilateral trade and investment, government support for business overseas, CSR, human rights and globalisation issues. From 2013-2016 he was Director, International Strategy at TheCityUK until taking over this new role leading the organisation's UK, European and International work. Gary has extensive experience of international negotiations and delegations, governance and reputational issues. His leadership roles in international business organisations have included 8 years as Chairman of the Multinationals and Investment Committee of the Business, and Industry Advisory Committee to the OECD.
Director of Distribution, KBC Bank Ireland plc
Darragh is the Director of Distribution at KBC Bank Ireland where he leads the delivery of KBC's integrated omni-channel distribution across all physical and digital channels and is a member of the bank's senior leadership team. He joined KBC Bank Ireland in 2010 where he previously held positions of Director of Products and Director of Retail Recovery. Darragh has 20 years' experience in corporate finance and banking. He previously worked as Corporate Finance Director at Eisner Amper Ireland and has held various roles in retail, corporate and SME banking. A holder of a BA in Economics from University College Dublin (UCD), Darragh is also a Fellow of the Association of Chartered Certified Accountants.
Associate Partner, Business Tax Advisory, EY
Petrina Smyth is an Associate Partner in EY's Financial Services Organisation, with more than 15 years' experience advising international financial institutions, investment funds and leasing companies on taxation. Her focus is on structured finance transactions and asset leasing, in particular aircraft leasing. Petrina's recent experience includes advising on the establishment and financing of aircraft leasing structures and aircraft investment platforms and on the disposal and acquisition of aircraft portfolios. Petrina has also advised on numerous securitisation transactions, including the securitisation of hire-purchase contracts, pan-European and Irish distressed debt and ABS transactions. Petrina is a graduate of Trinity College Dublin and the University of Oxford, and is qualified as a solicitor in Ireland and in England and Wales. She is also an Associate of the the Institute of Taxation in Ireland (AITI).
Managing Director, Frankfurt Main Finance
Väth is spearheading Frankfurt's push for Brexit business and the early successes enjoyed by the German city in this regard highlight the work being done by Väth and his team at Frankfurt Main Finance. He is also a founder of the World Alliance of International Finance Centers that aims to explore cross-fertilisation opportunities and facilitate cooperation between FCs.
CEO, Paris EUROPLACE
Arnaud de Bresson is Managing Director of Paris-EUROPLACE. M. de Bresson is the first chairman designated of the World Association of Financial Centres (WAIFC), a newly consituted body in 2018 to bring together international financial centre promotional bodies in common dialogue. He has served as the chief executive officer of Institut Europlace de Finance (IEF). He has also served as the Chief Executive Officer of the competitiveness division of Finance Innovation.
Chairman, Derivatives Vision
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".
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. See Patrick Young on Twitter
Business Development Manager, Irish Maritime Development Office (IMDO)
Dr. Edel O'Connor is the business development manager for the Irish Maritime Development Office at the Marine Institute. In recent years, Edel has led the strategic development of the national marine technology programme and SmartOcean initiative to 'marinise' Ireland's strengths across ICT and engineering into new areas of the blue economy. In this role, Edel has led the development of international partnerships across research and industry, supporting the growth of Ireland's reputation as a compelling place to do business in this sector. Edel has also been closely involved with the strategic development of actions associated with Ireland's Integrated Marine Plan -Harnessing Our Ocean Wealth, and in particular led a number of highly successful events promoting Ireland's digital ocean opportunity.
Chief Executive, Jersey Finance
A staunch defender of well-run international financial centres, Cook has led Jersey Finance for the past 10 years earning widespread respect through his close work with governments, regulators, financial professionals and investors to further develop the Jersey's finance industry. A former City of London banker, he is active in highlighting legal and regulatory issues and ways in which innovations in products and services can make international trade and investment easier.
Partner and Advisory Lead, Wealth & Asset Management, EY
Paul is based in Dublin and is a Partner in EY's global wealth and asset management (WAM) practice where he leads Ireland's WAM Advisory team. Paul has been working in or advising the wealth and asset management industries for more than 25 years. He has a B.Comm from University College Dublin, he is a member of the Institute of Chartered Accountants in Ireland and sits on a number of industry committees. Paul has worked with many leading firms to deliver strategic change initiatives across the front, middle and back offices of wealth and managers, custodians, depositaries, fund administrators and transfer agents. Paul's experience includes - operating model design and transformation; customer; digital; post-merger acquisition integration; outsourcing and remediation & restitution of Control. He has 13 years industry experience at a global investment services and investment management firm and 14 years in WAM advisory and audit.
Secretary General, AMICE Secretariat
Sarah Goddard is the secretary general of AMICE (the Association of Mutual Insurers and Insurance Cooperatives in Europe), a Brussels-based representative and advocacy body for the mutual and cooperative insurance industry across Europe which represents approximately 30% of insurance premiums in the region. Sarah Goddard has over 25 years' experience of the global re/insurance industry. Before joining DIMA, of which she became the first CEO more than 10 years ago, Sarah worked as Editor for the Global Reinsurance magazine and as International Bureau Chief for the Business Insurance magazine. She started her career at Lloyd's of London and graduated from the University of Manchester, UK.
CEO, Labuan IBFC Incorporated Sdn Bhd
Farah Jaafar-Crossby is the Chief Executive Officer of Labuan IBFC Incorporated Sdn Bhd (LIBFC Inc.), the official promotion and marketing agency for Labuan International Business and Financial Centre (Labuan IBFC) since January 2018. She assumed this role after more than three years as the Director of Market Intelligence and Strategic Communications, in LIBFC Inc. Farah was formerly attached to the Asian Institute of Finance and Bursa Malaysia, where she was involved in senior market development and strategic communications roles. She also managed the Association of Stock Broking Companies Malaysia, the industry lobby group representing Malaysian stockbrokers, allowing her a unique insight and hands on experience with issues surrounding multiple stakeholder management.
President and CEO, IBA Group Limited
Phil is President and CEO of global aviation consultancy International Bureau of Aviation. IBA is one of the leading authorities on commercial aircraft lease rates and aircraft valuations.
Head of Trading, CDB Aviation
John Leenane is Head of Trading at CDB Aviation. Mr. Leenane has extensive experience in the aircraft operating leasing industry and brings deep expertise to CDB Aviation's leadership team in areas such as lending, financing, trading, pricing, portfolio management, aircraft acquisition, and development of strategic relationships. Prior to CDB Aviation, Mr. Leenane was Regional Director, Europe & Asia - Financial Institutions Group at CIT Aerospace.
Contributing Editor, Aviation Finance
Joe is Contributing Editor, Aviation Finance, at: aviationfinance.aero the world-leading fortnightly publication on the financing and economics of air transport, and Director of Corporate Broking in Goodbody Stockbrokers.
Managing Director, Industrials/Consumer - Airlines, Cowen
Over a Wall Street career spanning 30 years Cowen MD Helane Becker has become renowned as a stand-out analyst in the airline and aircraft leasing sectors, with an unparalleled understanding of the dynamics of the business. Frequently ranked as top aviation analyst across the sector Becker's depth of experience shows through in her thought leadership and analysis of how the often complex variables of the aviation sector will play out.
Senior Managing Director, Kroll Bond Rating Agency
The driving force behind the creation of Kroll Bond Ratings Agency's leading franchise in the aircraft financing and leasing sectors Riggi has over 20 years of multi-sector expertise in credit analysis of banks, specialty finance and securitisations. She has developed KBRA's analytical framework and the ratings of aircraft lessors and airlines, including EETCs and other secured aviation financings. Having begun her career at the Federal Reserve Bank of New York she was a senior credit officer at Moody's prior to joining KBRA.
Managing Director, ConsenSys
Kehoe, managing director of Consensys, is a strong advocate for leveraging DLT for financial services applications. He identifies compliance with the 'Know Your Customer' requirement of customer onboarding as a key area of promise for blockchain/DLT applications to ease the burden for financial institutions. Kehoe previously led Deloitte's EMEA Blockchain Lab.
Chief Executive Officer, Goshawk
In the space of just five years CEO Ruth Kelly has taken Goshawk Aviation from startup to a 'top 10' best-in-class, full-service aircraft leasing platform. Demonstrating innovation in its approach to both sides of the balance sheet, under Kelly's leadership Goshawk has emerged as one of the most creative and dynamic platforms in the aircraft leasing business today.
Managing Director, Keith Boyfield Associates
Keith Boyfield is an internationally recognised economist and the author of over ninety publications on public policy and planning issues, economic development and regulatory policy. Keith has been an adviser to the European Commission and he has also acted as a consultant to some of the world's largest companies , trade bodies and organisations, including Aon, the BBC, the British Private Equity & Venture Capital Association (BVCA), the Commonwealth Business Council, The Crown Estate, KPMG, Mott MacDonald Ltd., the Swiss Bankers' Association and Thomson Reuters plc. His consultancy work focuses on the agri-business, energy, financial services, media, property and transport sectors. Keith has built up a strong relationship with several leading think tanks, notably the Centre for Policy Studies, founded by Prime Minister Margaret Thatcher and Sir Keith Joseph. He is also a Fellow of the Institute of Economic Affairs (IEA) and a Senior Fellow of the Adam Smith Institute. In addition, he is a Research Fellow of the European Policy Forum, chaired by Lord Tugendhat; the Kosciuszko Institute in Poland; and the Euro Gulf Information Centre, a recently established international relations institute located in Rome. Keith has contributed to The Financial Times, The Wall Street Journal, The Times, The Daily Telegraph, City AM, The Yorkshire Post and La Razon in Madrid. He is also a frequent commentator on a range of international broadcast channels including Al Jazeera, the BBC and Radio France Internationale (RFI).
Managing Director, Aviation Financial Consultancy, DVB Bank
Kieran O'Keefe is a Managing Director and Head of the Aviation Financial Consultancy division of DVB Bank based in London. His current responsibilities include advising airlines and lessors on raising finance and developing new investor markets for aircraft financing. From 2011 to 2013 he was based in DVB's Singapore office covering Asia. Kieran has worked in the aviation and investment banking sectors for the past 29 years, involved primarily in the areas of structured finance, advisory and aircraft operating leasing. During that time he has completed financings for aircraft worth over 7.0 billion.