At EY Financial Services, there is one shared focus - to build a better financial services industry, not just for now, but for the future.
Brexit, the opportunities for the financial services industry
Ireland, the UK, Europe and the world, and the opportunities arising from and beyond Brexit were at the centre of FCSDublin, 2019, and its 50 plus speakers, with representatives of the entire Irish IFS industry, along with global speakers including the former UK Chancellor Ken Clarke, and USA SEC Chairman Jay Clayton who addressed the positive opportunities arising for the financial services industry from Brexit in Dublin Castle, October 16th 2019.
Building bridges, making linksThe Summit Agenda had the theme of building bridges between financial services centres globally, through the development of mutual recognition and common standards, be they through common legal systems and global regulatory and financial standards. FS Sectors: Asset management; Investment banking; Aviation Finance; Banking/Treasury & Insurance/reinsurance Industry issues: Innovation in financial services; The development of public markets; Fintech; Regtech; ESG; Innovative product development in asset management, Education and Structured finance Centres, Jurisdictions and Economic Areas Represented: Ireland; USA; UK; European Union; OECD.
Member of Parliament, QC,
Kenneth Clarke has been the Member of Parliament for Rushcliffe since 1970. He held several Ministerial offices in the Governments of Margaret Thatcher and John Major - as Secretary of State for Health, Secretary of State for Education and Science, Home Secretary and Chancellor of the Exchequer. During a period in opposition he combined his duties as an MP with a variety of business appointments and chaired the Conservatives' Democracy Task Force and as Shadow Secretary of State for Business, Enterprise and Regulatory Reform. On the Conservatives' return to Government in 2010 he served as Lord Chancellor and Secretary of State for Justice.
In 2014 he became Minister without Portfolio, working to develop key trade relationships on the Prime Minister's behalf. He had an advisory brief on the economy and also sat on the National Security Council. He returned to the back benches in July 2014.
Chair, Irish Funds, Carne Group's CEO Ireland & Chairperson of Irish Funds
Yvonne Connolly is CEO of Carne Group's Irish business and is currently Chair of Irish Funds Council, the official representative body for the Irish investment fund industry. Yvonne also acts as a Chair and Director to a select number of traditional funds, hedge funds and management companies domiciled in Ireland and the Cayman Islands. She has over 25 years of experience in the funds industry, having started her career with Deutsche Bank's (now State Street's) fund business in 1993.
During her time as CEO of Carne Ireland, the business has more than doubled its workforce, opened a second office in Kilkenny, a new financial services centre in Wexford and has established a technology company. Carne Ireland has also become the largest independent third-party management company, having Assets Under Management approaching $150+ billion.
Yvonne is a member of multiple industry associations including Irish Funds, the Institute of Directors in Ireland, 100 Women in Finance and the 30% Club. She is recognised as an industry expert with a breadth of experience and is a regular speaker at international industry conferences.
Head of International Financial Services, Risk & Compliance Unit, Department of Finance, Ireland
Karen is Head of the International Financial Services Unit in the Department of Finance, Ireland. The Unit supports the Minister of State, Michael D'Arcy TD, in the development and implementation of policy for international financial services. This is a whole-of-Government approach, with collaboration between the public sector and industry, to drive the growth and development of the sector in Ireland.
Previously, Karen was Head of Unit in the Financial Services Division in the Department with responsibility for domestic policy and legislation on the markets side, and the successful negotiation of a number of financial services dossiers during Ireland's Presidency of the Council of the EU in 2013.
Karen also has extensive experience of state aid matters and developing tax policy and legislation. Karen is a qualified solicitor, holds professional qualifications in tax and intellectual property, along with studies in financial services, data protection and strategic leadership.
Principal, Atlantic Vantage
Brian is Principal of Atlantic Vantage, since July '18, providing advisory services focused on governance, risk management and strategy formulation mainly in the financial services area, and formerly Director of Traded Markets, Development and Operations of the Irish Stock Exchange, now a unit of Euronext. As Director, Traded Markets, Development, Operations (a joint COO/CFO brief) was responsible for the integrity, efficiency and development of the Irish Stock Exchange's markets for its traded securities. For 20 years he oversaw the Exchange's overall operations, finance, risk management and managed the relationships with strategic partners as well as being responsible for the Exchange's IT strategy. He was a member of the Executive Committee and as Company Secretary, to the Group and to subsidiary Boards, has proactively and successfully managed a diverse stakeholder base, from shareholders to regulatory authorities.
Chief Executive Officer, Barclays Bank Ireland PLC
Kevin joined Barclays in Dublin in May 2017 as Chief Executive Officer, Barclays Europe. Kevin previously served as Chairman of Corporate Banking and Vice Chairman, Investment Banking for Barclays based in London. Kevin joined Barclays as a graduate and has held client and product leadership roles in corporate and investment banking as well as in strategic planning and human resources. He has worked in the U.S., Australia, Asia and the U.K. Barclays Europe consists of the Barclays group European branches and businesses, with Dublin housing the European head office functions. Kevin graduated with a BSc (Hons) in Accounting and Financial Analysis from Warwick University. He is a shareholder non-executive director of the Business Growth Fund in the U.K.
Chairman, Securities and Exchange Commission (SEC)
Jay Clayton was nominated to Chair the U.S. Securities and Exchange Commission on January 20, 2017 by President Donald J. Trump and sworn in on May 4, 2017. Prior to joining the Commission, Chairman Clayton was a partner at Sullivan & Cromwell LLP, where he was a member of the firm's Management Committee and co-head of the firm's corporate practice. From 2009 to 2017, Chairman Clayton was a Lecturer in Law and Adjunct Professor at the University of Pennsylvania Law School.
Chief Justice, The Supreme Court of Ireland
Mr. Justice Frank Clarke was appointed the 12th Chief Justice of Ireland on the 28th July, 2017. He was appointed (March 2018) as one of seven members of the Panel which exists under Article 255 of the Treaty on the Functioning of the European Union that opines on the appointments of judges to the Courts of the European Union in Luxembourg, such appointments requiring a nomination by a member state followed by an opinion from the Article 255 Panel.
Minister of State at the Department of Finance, Department of Finance, Ireland
Michael D'Arcy TD is Minister of State at the Department of Finance and the Department of Public Expenditure and Reform with special responsibility for Financial Services and Insurance. He previously served as a Senator from 2011 to 2016 during which time he served as Government Spokesperson on Finance in the Seanad and served on the Oireachtas Banking Enquiry. He also served on the Oireachtas Committees on Finance and Agriculture, Food and the Marine. He has said that he believes that 'the most important traits in a public representative are honesty, accountability and integrity'.
Country Head, Ireland, Northern Trust
Melíosa O'Caoimh was appointed Country Head, Ireland of Northern Trust in April 2019. Based in Dublin, Melíosa O'Caoimh joined Northern Trust in 2003. During her career, she has held senior roles including head of relationship management and chief operations officer. She has also held a wide range of board appointments, including serving on the board of the American Chamber of Commerce in Ireland from 2008 to 2014, and led a number of key industry initiatives.
Former SEC Commissioner, USA; Partner, Deputy Chair, Securities Department, WilmerHale,
Daniel M Gallagher former Commissioner of the U.S. Securities and Exchange Commission (SEC) from November 7, 2011 to October 2, 2015, is Deputy Chair of the Securities Department of WilmerHale. He was President of Patomak Global Partners, LLC, until 2017, was 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. See Dan speaking about the last financial crisis and its potential to happen again on CNBC, Sept 9th 2018.
Chief Executive Officer, Euroclear Bank SA/NV
Valérie Urbain is Chief Executive Officer of Euroclear Bank, with responsibility for Euroclear Bank's Operations, Commercial, Client Service, Banking and Network Management divisions worldwide. Between 2009 and year end 2014, Ms. Urbain was the CEO of the three ESES central securities depositories (CSDs), namely Euroclear Belgium, Euroclear France and Euroclear Nederland. Earlier in her career, Ms. Urbain was head of Product Management at Euroclear UK & Ireland (formerly CRESTCo), the central securities depository for UK domestic securities and Irish equities.
Chief Executive, Banking & Payments Federation Ireland
Brian served as a member of both houses of the Irish Parliament from 1996 to 2014. In 2011, he was appointed as Minister of State at the Department of Finance. During his time as Minister of State, Brian attended Eurogroup, ECOFIN and Budgetary Council meetings on behalf of the Irish Government. Following his election to the European Parliament in May 2014, Brian was appointed to the European Parliament's Economic & Monetary Affairs Committee, Development Committee and Budgetary Control Committee. Brian was the European Parliament's rapporteur for the IORPS II Directive and shadow rapporteur for the Money Market Funds regulation and Pan European Pension Proposal (PEPP). He has also worked on the European Parliament's report on Fintech and on Third County Equivalence. He is the EPP Vice Coordinator on the ECON Committee. In September 2018 Brian was elected as Vice President of the ECON Committee. He was appointed as the new CEO of Banking & Payments Federation Ireland in April 2019.
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 ISTAT & Chief Marketing Officer, Merx, President ISTAT, & Merx Aviation Finance Assets Ireland Ltd
The newly elected president for a 2 year term, of ISTAT, Gerry Butler is CMO of Merx Aviation Finance Assets Ireland Ltd. Founded in 1983, the International Society of Transport Aircraft Trading (ISTAT) currently represents over 5,000 members worldwide who are involved in operating, manufacturing, maintaining, selling, purchasing, financing, leasing, appraising, insuring and other activities related to commercial aviation. Mr. Butler joined Merx in 2015 to head the Dublin office and operations and serves as global head of marketing.
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.
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, Institute of Banking
Mary O'Dea is Chief Executive of the Institute of Banking. Mary joined the Institute in April 2018 from the Central Bank of Ireland where she was Director of Securities and Markets Supervision. She was previously Ireland's representative at the World Bank and prior to that held the role of Alternate Executive Director representing Ireland with the International Monetary Fund. Mary previously held several director roles with the Central Bank of Ireland, including Director of Financial Operations, Consumer Director and Acting Chief Executive of the Financial Regulator.
World Class Capital Markets Specialist, BTA Consulting
Brian is one of the most accomplished consultants in the world and is now ranked No.2 in the world for consulting on Market Structure based on Patrick Young's 1,000 most influential people in Market Structure, based on over 30 years experience.
Brian founded BTA Consulting (BTA) in 1991 and has lead it ever since. BTA has delivered over 110 financial market projects. Brian has advised on projects for Governments, the private sector Financial Market Infrastructures (FMIs - exchanges, CCPs, CSDs), intermediaries, registrars, listed companies and IFI projects (World Bank, EBRD, EIB, EU OJEC, US AID), working across all continents. Brian has also worked on most of the post-trade systems around the world, and BTA maintains a template of functional and non-functional requirements for FMIs.
CEO and Founder, AQMetrics
Geraldine Gibson-Dautun has over 20 years FinTech experience and in November 2018 won FinTech Champion of the Year at the Women In Finance awards. Educated at Trinity College Dublin and the Sorbonne University, France, Geraldine founded AQMetrics in 2012. The company has been recognised as one of the top 100 global regtechs for the last two years running and won the HFM European Technology Award for Best Regtech Solution 2018.
CEO, Vulcan Consulting
Lucinda Creighton is CEO of Vulcan Consulting Ltd and is a former Irish Minister for European Affairs and Member of the Irish Parliament. As Minister for European Affairs she represented Ireland in key negotiations on Ireland's EU/IMF bailout, leading to a reduction in interest rates and the extension of Ireland's repayment schedules. She has extensive knowledge of the EU bureaucratic infrastructure and regulatory systems. As CEO of Vulcan Consulting, she works closely with CEOs and senior management teams to assist them in understanding and navigating the political, policy and decision-making environment in Europe, Ireland and across the E.U. She has an extensive network across Europe having also previously served as Vice President of the European People's Party (EPP).
FS Financial Accounting Advisory Services Leader, EY
Danny Buckley leads EY's FS Financial Accounting Advisory Services (FAAS) team. The focus of FS FAAS is supporting CFOs in meeting the ever-changing demands on their agenda. Danny has more than 20 years' industry and practice experience spanning finance (consumer banking, corporate banking and markets/treasury), corporate finance (recapitalisation of the banks, mergers and acquisitions, restructuring of the Irish banking system), financial services audit and transaction advisory services. Danny has considerable experience in IFRS accounting, treasury accounting (XVAs, hedging, IBOR / benchmark reform), leading and delivering change, risk-adjusted return on capital / ROE, budgeting and planning, business partnering, cost change programmes and leading large teams (both project and business as usual).
International Banking Advisory Lead, EY
Cormac Kelly joined EY in 2014 and works in the Irish financial services advisory practice in Dublin as an executive director focusing on transformation in the banking and capital markets and wealth and asset management sectors.
Prior to his work at EY, Cormac brings with him 25 years' experience working for a number of international banks and advisory firms both in London and Singapore. His primary focus as a Chief Operating Officer was on technology and operations management, transformation and change programs across institutional, retail and corporate banking. He has specific experience across the securities, derivatives, transaction banking and payments businesses with a detailed knowledge around strategy, controls and process management. His experience includes securities, derivatives and payments technology infrastructure as well as operational controls and process management.
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
Secretary General & Editor-in-Chief,, Italia Atlantica
Bepi Pezzulli is a foreign affairs strategist and senior policy adviser, with a focus on Israel, UK and USA. Currently, Editor-in-Chief and Secretary General of Italia Atlantica, a think tank dedicated to foster strong trans-Atlantic relations.
Consulting with Ibec and other leading organisations,
Internationally experienced (ECB) MBA (scholarship) multi lingual senior manager with 25 years experience in policy management and leadership, most recently driving IBEC's international commercial engagement (Head of Business Development)) and before then driving Financial Services industry's response to Brexit and engagements with Central Bank of Ireland, Government and EU as Director of FSI (IBEC). A graduate of Trinity College Dublin, he also holds an MBA from the Smurfit School. He has worked as an economist in the Department of Finance and the European Central Bank, and was Irish Times Economics Editor from 2005-2007.
Non-executive director and aviation consultant., M.J. McMahon & Company Limited
John led the initial public offering and New York Stock Exchange listing of Genesis Lease Limited, a global aircraft leasing company, where he served as Chairman and CEO from 2006 until its merger with AerCap in 2010. Previously, he held senior management positions at Lloyds TSB Bank and debis AirFinance (now AerCap) and executive roles at GE Capital Aviation Services, GPA Group and Aer Lingus. His non-executive directorships include BNP Paribas Ireland (Chairman) and Genesis Aircraft Services