The 2009 Global Financial Services Centres Conference

Tuesday 19th and Wednesday 20th May 2009


Jeffrey Owens

Head of Centre for Tax Policy and Administration

Jeffrey Owens, a public finance expert, completed his doctoral work at Cambridge University in the United Kingdom in 1973. In addition to his economic degrees, he is a qualified accountant.

He has taught at Cambridge, the American University of Paris, Bocconi University in Italy and Queen Mary's College in London. He is an international civil servant at the Organisation of Economic Co-operation and Development in Paris, where he has focused his activities on the fiscal policy implications of the globalisation of national economies, the taxation of Multilateral Enterprises, the broader policy issues that arise in the areas of cross-border direct and portfolio investment. He has also examined issues related to tax administration and micro-economic implications of domestic tax policies and issues related to Fiscal Federalism. His earlier work dealt with the development of international currency markets and the implications for monetary policies and the organisation of financial institutions.

He has made numerous contributions to professional journals, has published a number of books ("The Growth of the Euro-Dollar market", "Local Government Finance: an international perspective"; "A Comparison of Tax Systems in North Africa and Europe") and has been the author of many OECD publications on taxation. A full list of publications can be provided on request.

Dr. Owens' position as Director of the Centre for Tax Policy and Administration at the OECD, his frequent participation in international conferences and business seminars and his high level contacts with representatives from governments and the business community have provided him with a unique international perspective on economic policy issues, on trends in the financing of governments and the implications for the business community. He has also been responsible for organising numerous major conferences and seminars and, over the last five years, has organised many international conferences with major non-member countries in the Asia, NIS and South America regions. In that context, he has forged links between APEC and the OECD and with the United Nations, the Regional Development Banks, the World Bank and the International Monetary Fund.

Dr. Owens has maintained close links with the business and academic communities in which he worked at the beginning of his career.

Dan Gallagher

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, and 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.

Mr. Gallagher previously served as the chief legal officer at Mylan N.V., a leading global pharmaceutical company; as the president of a financial services consulting firm; and as an SEC Commissioner. As an SEC Commissioner, Mr. Gallagher championed corporate governance reform, advocated for a comprehensive holistic review of equity market structural issues, and encouraged greatly improving the commission's fixed income market expertise.

Mr. Gallagher also served on SEC staff in various senior roles, including as the deputy director and co-acting director of the Division of Trading and Markets, where he was on the front lines of the agency's response to the financial crisis, including representing the commission in the Lehman Brothers liquidation. He was also a counsel to former SEC Commissioner Paul Atkins and to former Chairman Christopher Cox, working on matters involving the Division of Enforcement and the Division of Trading and Markets.

Earlier in his career, Mr. Gallagher was the senior vice president and general counsel of a global provider of financial services technology, where he managing all legal and regulatory matters. He first joined WilmerHale in 1993 as an associate in the firm's Securities Department.

Professional Activities

Mr. Gallagher serves on the boards of the National Association of Corporate Directors (NACD), a leading membership organization for corporate board directors, and Symbiont, a blockchain technology company developing products in smart contracts and distributed ledgers for use in capital markets. He was formerly a non-executive director of the Irish Stock Exchange.

He is also on the advisory boards for the Institute for Law and Economics at the University of Pennsylvania and the Center for Corporate Governance, part of the Raj & Kamla Gupta Governance Institute in Drexel University's LeBow College of Business.

David Green

Adviser on International Affairs
Financial Reporting Council

David Green has worked for almost forty years as a central banker and financial regulator, principally in the Bank of England and the Financial Services Authority.

From 1968 to 1998, he worked in the Bank of England on a broad range of topics. These included domestic and international macroeconomic and monetary policy matters, international capital markets, financial stability issues and banking supervision. From 1974 to 1977, he was on secondment as Personal Assistant to the Managing Director of the IMF in Washington D.C.

From 1998 to 2004, he was Head of International Policy Co-ordination and EU Affairs in the Office of the Chairman of the Financial Services Authority. In this role, he was heavily involved in managing the newly-created FSA relationships in the international policy field. He was particularly engaged in the development of the European single market in financial services and of the Lamfalussy committee structure.

He was Adviser on Public Affairs to the Managing Board of Euronext from 2004-5 and is currently Adviser on International Affairs to the Financial Reporting Council. as well as Secretary-General of the International Forum of Independent Audit Regulators. He is also a consultant on financial regulation including to overseas central banks, governments and regulators and a TV and radio commentator on financial and economic issues.

He recently published, jointly with Sir Howard Davies, Global Financial Regulation-the Essential Guide, Polity Press 2008, and they are currently working together on a book on the future of central banking.

David Green was educated at Watford Grammar School and took a Double First in Classics at Corpus Christi College, Cambridge. He has an MSc in Financial Economics from the University of Wales, the thesis for which was on the Canadian financial system.

Michael Mainelli

Executive Chairman
Professor Michael Mainelli chairs Z/Yen, the City of London's leading commercial think-tank, which he co-founded in 1994 to promote societal advance through better finance and technology. Michael started as a research scientist in aerospace (rocket science) and computing, later becoming a partner and board member in a leading accountancy firm, before a spell as Corporate Development Director of Europe's largest R&D organisation, the UK's Defence Evaluation and Research Agency. Michael is Mercers' School Memorial Professor of Commerce at Gresham College, Visting Professor at LSE where he obtained his PhD, was the British Computer Society's Director of the Year 2004/2005 and created the London Accord, the world's leading research cooperative into environmental, social and governance investment. Based on Z/Yen's work with all the leading global banks, Michael created the Global Financial Centres Index in 2005.

The GFCI 7 report, published in March 2010 can be found here.

The GFCI 6 report, published in September 2009 can be found here.

The GFCI 5 report, published in March 2009 can be found here.

Barbara Ridpath

Chief Executive
International Centre for Financial Regulation
Barbara Ridpath is Chief Executive of the International Centre for Financial Regulation. Prior to her current position, from 2004-2008, Barbara was Executive Managing Director and Head of Ratings Services, Europe, for Standard & Poor's, responsible for Standard & Poor's rating activities in Europe, the Middle East and Africa. Before that she was Managing Director and Chief Credit Officer, Europe based in Standard & Poor's London office, where she was responsible for the development and application of ratings policy in Europe including its global consistency. Barbara joined S&P in 1983 after three years as an economist at the Federal Reserve Bank of New York. She worked in S&P's European network from 1986, holding a broad range of positions. Barbara spearheaded S&P's move into international securitisation based in London in the late 1980s, and ran S&P-ADEF in Paris from 1990 to 1993. From 1993 to 1998 Barbara was a Senior Credit Officer at JPMorgan Europe, rejoining S&P in 1998. Barbara holds an A.B. degree cum laude from Smith College and a Masters in International Affairs from Columbia University.

Rym Ayadi

Head Financial Institutions & Prudential Policy Unit
Centre for European Policy Studies

Dr. Rym Ayadi is Senior Research Fellow and Head of Research of the Financial Institutions, Prudential Policy and Tax Unit at the Centre of European Policy Studies. Rym has been working on financial services, financial markets and regulation areas in Europe over the past ten years. Financial centres functioning and positioning, financial institutions' regulation, supervision and competition policy, risk management, European financial consolidation & efficiency, regulatory impact assessment in financial services, financial services provision and financial inclusion, European financial integration, payment systems and SME competitiveness and financing are some of her areas of expertise. She is involved in regulatory and policy developments on financial services with the European institutions (European Commission, European Parliament and the level 3 committees), member of FIN-Use forum, an independent expert group set by the European Commission for advice on financial services policy from users' perspective. She is also 'Rapporteur' for several high-level CEPS working parties, which are chaired by senior officials and executives.

Rym has developed a particular interest for South Mediterranean Region with a focus on business and financial markets development, SME financing, investment and trade. She is senior expert in several projects on the region e.g. economic integration in the Euro-med region, banking and financial markets developments in economies in transition, competition policy and in several pilot studies on the collection and quantification of non-tariff measures. Since April 2008, she is the Co- Director of MEDCOP - the Mediterranean Co-development Platform, a CEPS/University of Nebrija (Madrid, Spain) initiative to promote enterprise competitiveness in the Mediterranean countries.

Previously, she lectured international financial institutions & markets and financial & risk analysis at Post-graduate level at the International Business School of the Isle of Man. Prior to that, she worked as an economist at the French banking association and at the European Commission in Directorate General Economics and Financial Affairs and lectured industrial economics and game theory at University of Lille II. She earned a PhD in economics and finance at the University Paris Dauphine with the highest distinction. She is author of several books, papers and policy briefs on financial regulation (e.g. Basel II, Solvency II), diversity in the banking sector, SME financing, banking mergers & acquisitions and European financial markets integration. She is leading projects funded by the European Commission (Directorates General Internal Market, Competition, Employment and Equal Opportunities, Enterprise, Consumer Protection and Trade), is advisor to financial institutions and European and national policy makers on her areas of expertise, is member of several scientific and editing committees, is invited lecturer on insurance and banking regulation in several European Universities and is a regular speaker at international conferences and TV shows.

Selected publications in 2008/09 include:

  • Lessons from the financial crisis: Deposit guarantee schemes and lender of last resort, CEPS Policy Brief, Forthcoming, 2009.
  • The building blocks of the regulatory paradigm shift in financial services in the aftermath of the crisis, CEPS Policy Brief, forthcoming, 2009.
  • Investigating diversity in the European banking sector: The role and performance of savings banks in Europe, CEPS Paperback Book, Forthcoming, 2009.
  • Off-shore financial centres: A new positioning in a changing financial market, CEPS Paperback Book, Forthcoming, 2009.
  • Financial markets in the Mediterranean: The way forward CEPS Policy Brief, Forthcoming, 2009.
  • Solvency II: A revolution for regulating European insurance and reinsurance companies, CEPS taskforce report, Forthcoming, 2009.
  • The internal Market for retail financial services: Much remains to be done, CEPS taskforce report, forthcoming, 2009.
  • Basel II implementation in the midst of turbulence, CEPS taskforce report, June, 2008.
  • Mergers and acquisitions in European banking in book published by Pelgrave Mc Millan, 2008.
  • Co-development in the Mediterranean region: A new conceptual approach, Working document, CEPS May 2008.
  • On the required regulatory support of credit derivatives markets in book by Edward Elgar Publishing Ltd, 2008.
  • Banking mergers and acquisitions and executive compensation in book published by Elseiver, 2008.

Shawna Lake

Chief Executive Officer
St. Kitts Investment Promotion Agency

Shawna Lake is the Chief Executive Officer of the recently established St. Kitts Investment Promotion Agency (SKIPA). SKIPA is responsible for advising the Government on ways to continuously improve the investment climate in St. Kitts, internationally promoting the services and investment opportunities available in St. Kitts and facilitating the establishment of new businesses and development projects on the island.

Shawna has been very active in the development of the Financial Services sector of St. Kitts and she is also a member of the country's local Financial Services Task Force which is the body responsible for ensuring that the regulatory environment for anti-money laundering and counter financing of terrorism meets international standards. She is the representative of St. Kitts in the OECD Sub-Group on Level Playing Field and was responsible for recently developing new legislation in St. Kitts which provides the framework for mutual cooperation in tax matters pursuant to the OECD standard.

Shawna is an attorney at law by profession. She was formerly a Public Prosecutor in St. Kitts for two years and was then responsible for civil litigation matters on behalf of the Government of St. Kitts and Nevis for three years before being appointed as the Director of Marketing and Development in the Ministry of Finance in 2001, which position she held for five years. Shawna is a member of the bar in St. Christopher and Nevis and also in Anguilla. She also holds an MBA (Finance) from the University of Leicester in the UK and is a Notary Public for the Federation of St. Kitts and Nevis.

Janet Ecker

Toronto Financial Services Alliance & Former Ontario Finance Minister

Janet L. Ecker has a proven track record of accomplishment inside and outside government in public policy and public affairs. A former Ontario Finance Minister, she managed some of the toughest files at Queen's Park from social services and education, to economic policy and public-private partnerships.

Currently President of the Toronto Financial Services Alliance (TFSA), she heads a growing public-private partnership dedicated to increasing Toronto's role as a global financial hub and one of the two pre-eminent financial centres in North America. First established by the City of Toronto in partnership with the financial industry, TFSA works on behalf of the entire financial cluster, including its business and educational support sectors.

As its partnerships have expanded to include the federal and provincial governments, along with the City, TFSA's role is growing to encompass business attraction initiatives and specifically targeted research to drive strategic growth and marketing activities. It focuses on Toronto's strong value proposition as a financial hub, the sector's growing international reputation for safety and stability during the recent global economic turmoil, the City's excellent quality of life and its diverse, well-educated talent pool. Working with Ontario, the City and its education and financial partners, TFSA is also establishing the Centre of Excellence for Financial Services Education, to leverage the region's human capital advantages.

Ms. Ecker also serves as Public Policy Advisor to Tramore Group, a project and change management professional services firm. The chair of the Rouge Valley Health System, she sits on a number of corporate and non-profit boards, is a former fellow with the School of Policy Studies at Queen's University, and is also a frequent public speaker and media commentator. The first woman to deliver a budget in Ontario in 2002, she received a 'Canada's Most Powerful Women: Top 100 Award' from the Women's Executive Network and the Richard Ivey School of Business in 2003. She is also a member of the Advisory Committee for Equal Voice, a national, multi-partisan organization working to elect more women.

Malcolm Couch

Assessor of Income Tax
Isle of Man Government

Malcolm Couch is the Assessor of Income Tax of the Isle of Man and is responsible for all direct taxation matters in the Island and internationally.

Malcolm has had experience in a wide range of technical and managerial roles in both the public and private sectors. His career in tax started in 1989, when he became an Inspector of Taxes in the UK Inland Revenue. After gaining broad experience in traditional districts, he became the District Inspector of Nottingham Trusts, a specialist unit dealing with the tax affairs of 40% of all UK-resident trusts.

In 1996, Malcolm successfully made the transition to the private sector, and had periods as a tax partner with Pannell Kerr Forster and as a senior consultant with Ernst & Young. In both of these roles, he worked with a large number of personal and corporate clients, including multinationals. Whilst with Ernst & Young, Malcolm did a secondment for several months as Head of UK Tax for Boots plc at their Nottingham headquarters.

From the summer of 2001, Malcolm was Oil Products Tax Manager of the North Latin America and Caribbean Region of Royal Dutch Shell. In this position he was responsible for the tax planning and strategy of over 20 group companies operating in 35 jurisdictions, and for managing fiscal audits. He also took part in global tax projects for Shell. Working in an economically and politically volatile region for a major multinational further built Malcolm's experience in cross-border tax issues, international regulation and liaison at a governmental level.

Malcolm joined the Isle of Man Government in November 2004 and concentrates primarily on policy, strategy and international matters: including representing the Isle of Man at OECD and EU forums and negotiating tax co-operation agreements.

James L Deeny

Former head of HSBC Ireland & Senior Advisor, Invest Northern Ireland

James Deeny was recently appointed Senior Advisor to Invest Northern Ireland. He was Chairman until September 2008 of the Financial Services Consultative Industry Panel created under the Central Bank and Financial Services Act 2004 to provide industry input to the Financial Regulator. A former chief executive of HSBC in Ireland, he has a background in international banking, insurance and mutual funds and remains active in the cross border international financial services market in Dublin. A graduate of University College Dublin and Yale University, his earlier career prior to joining HSBC in 1983 involved international commercial banking assignments with Chase Manhattan Bank and acting as financial advisor to the Industrial Development Authority of Ireland. He holds a number of directorships with prominent domestic and international companies in Ireland including Credit Agricole, PNC International Bank and Hartford Life.

Sarah Goddard

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.

Jenny Young

Director, Ireland
Invest Northern Ireland
Jenny Young is Director Ireland with Invest NI, the economic development agency for Northern Ireland. She has responsibility for building Northern Ireland's profile as an investment location with Irish and multinational organisations based in Ireland. Prior to joining Invest NI in 2001, Jenny worked in a number of international investment roles in South America and Europe across a number of Technology and Consumer Industries. She has an MBA from The University of Santiago De Compostela, Spain, an M.Econ.Sc in European and Public Affairs and a Diploma in Business Analysis and Consultancy. She is a member of The Business Analysts Association of Ireland and the Securities & Investment Institute.

Alan Boshwaen

Chief Executive Officer
Botswana IFSC
Alan Boshwaen is the Chief Executive Officer and a Director of the Botswana IFSC since the company's inception in 2003. Alan has extensive experience in the Banking sector having held senior management positions with Standard Chartered Bank Botswana and Barclays Bank of Botswana. Alan has also previously worked for Debswana Diamond Mining Company. He holds BA Honors in Industrial Psychology and Business Administration from the University of Kent at Canterbury and a Masters in Business Administration from the University of Cape Town. He serves on the Advisory Boards of the Botswana Innovation Hub and the University Of Botswana School Of Business. He is also the National Patron of Junior Chamber International.

Shashank Srivastava

Acting CEO and Chief Strategic Development Officer
Qatar Financial Centre Authority

Shashank joined the QFC Authority in April 2006. He has 12 years of global experience in the strategy consulting and investment industries, and has held key positions with Dresdner RCM Global Investors, Andersen Consulting and (in the region) with Abraaj Capital and DIFC. He has also worked for Swiss Re and Prudential of UK.

Martin Crawford

Chief Executive Officer
Labuan IBFC

Martin Crawford has a strong background in financial services, having spent the last 15 years in the Asia Pacific region running businesses in foreign exchange and asset management. Prior to that, he was based in Europe for 7 years where he completed his MBA at IMD in Switzerland and subsequently worked as a management consultant with Bain & Company. He is married to a Malaysian and lives in Kuala Lumpur, Malaysia.

PJ Henehan

Tax Partner, Financial Services Group
Ernst & Young

PJ has been with Ernst & Young for over 25 years. He has over two decades of experience in the taxation field and is a leading expert in structuring financial products for banks, fund management, insurance companies and high net worth clients. He is a member of the Ernst & Young Global Financial Services Group, comprising professionals from a number of disciplines such as tax, structured finance, audit and actuarial services.

PJ regularly lectures on taxation for various professional organisations in Ireland and abroad. He has also produced numerous articles and booklets for Ernst & Young and its clients. He was a member of the Taoiseach's Insurance Committee, which advises Government on development of Ireland as an insurance domicile of choice for over 15 years.

Gerry Brady

Country Head
Northern Trust (Ireland) Ltd

Gerry Brady, a native of Belfast, obtained a First Class Honours in Economics at Queen's University of Belfast in 1977, coming first in the Economics Faculty. He subsequently qualified as a chartered accountant in 1980 (FCA) and as a chartered financial analyst (CFA) in 1988. Upon moving to Dublin he spent a year with Hodgson Impey and eight years with KPMG. Brady joined the Bank of Bermuda in 1986 as global head of internal audit based in Head Office in Bermuda. He subsequently became managing director of Bank of Bermuda in Cayman in 1990 and returned to Dublin in 1995 to set up Bank of Bermuda's operations in the IFSC.

He was regional managing director of Bank of Bermuda in Europe and country head of Bank of Bermuda in Ireland. Following his time at the Bank of Bermuda, Brady was an independent director and a consultant to a number of Irish collective investment schemes and was also appointed managing director of Capita Financial Group in 2005. He became chief executive officer of Northern Trust in 2007.

Edouard de Lencquesaing

Special Advisor
Paris EUROPLACE: The Paris Financial Markets Organization

Edouard de Lencquesaing is Conseiller of Paris EUROPLACE, The Paris Financial Markets Organization which was created by the major representative institutions of the Paris financial market: AFECEI (The French Association of Credit Institutions and Investment Firms), Banque de France, Caisse des Depots et Consignations (State bank receiving government and savings bank deposits and a major investor), Chambre de Commerce et de l'Industrie de Paris (Paris Chamber of Commerce), Conseil Regional d'Ile de France (the Legislative Council for the Ile-de-France region, in which Paris is located), Euronext Paris, Euroclear (ex-Sicovam), City of Paris.

The Paris EUROPLACE Board is chaired by Gerard Mestrallet, Chairman of Suez, and made up of representatives of both founders and associated members. The Steering Committee, chaired by Jean-Francois THEODORE, Chairman of the Managing Board, Euronext NV, CEO, Euronext, provides the executive leadership for the implementation of the Association's actions.

Deirdre Somers

Chief Executive
The Irish Stock Exchange
Deirdre Somers was appointed Chief Executive of the Irish Stock Exchange (ISE) in June 2007. Previously she was Director of Listing, where she had responsibility for domestic and international listings. During her tenure the ISE became a leader in the listing of international investment funds and structured and straight debt instruments. She also oversaw the establishment of IEX - the specialized junior market for Irish enterprise. Deirdre is a member of the Taoiseach's Clearing House Group, the Financial Law Advisory Forum, and has chaired a number of EU Council securities legislation groups. A chartered accountant, prior to joining the ISE in 1995 she specialised in international tax with KPMG.

Barry O'Leary

IDA Ireland

In October 2007 Barry O'Leary was appointed Chief Executive Designate of IDA Ireland. He took over the role of CEO from Sean Dorgan on January 1st 2008. Prior to this appointment he was Divisional Manager of the IDA's LifeSciences and Information and Communications Technology business units.

Mr. O'Leary has worked in IDA for over 30 years in most of its business areas including two periods totalling 15 years in Germany, latterly as Director of Europe. He originally moved to Cologne in 1983 and from 1985 to 1991 he was based in Munich. Between 1991 and 1995 he was responsible for Consumer Products and International Services in IDA in Dublin. On his return to Germany in 1995 he was responsible for running IDA's offices in Stuttgart and Dusseldorf which covered Germany, Austria, Switzerland and Italy. He subsequently became Director of Europe and centralised IDA's German offices into Frankfurt. During this period he was closely associated with winning major projects from companies such as Bertelsmann , SAP, Deutsche Bank, Lufthansa, Kostal, Allianz and a number of key Italian financial services projects.

On his return to Ireland in late 2002 Mr. O'Leary was initially appointed Divisional Manager Pharmaceuticals and Biopharmaceuticals and a member of the IDA's Executive Committee. His responsibilities were increased in 2004 to include the LifeSciences and Information and Communications Technology areas.

He has been deeply involved in changing the profile and raising the value of Ireland's inward investments over the past ten years. He has been primarily responsible for the successful establishment of Ireland as the leading global location outside the US for biopharmaceuticals. He has also undertaken strategic change and built new strengths in R&D, medical technologies, information and communications technology and other areas.

Mr. O'Leary led IDA teams in winning significant investments from a number of key clients such as Lilly BioPharma, Servier, Pfizer, Centocor, Cordis, IBM, Kelloggs, Altana, Merck and Cisco Systems among others.

Barry O'Leary has held a number of different positions in industrial companies prior to joining IDA Ireland, including Nestle and the Smurfit Group. He is a Board Member of Forfas.

Edward Moncreiffe

Head of Business Development

Ed joined HSBC Insurance in 2006 and initially worked with HSBC Insurance Brokers, focusing on Marine, D&O and Reinsurance. Ed subsequently moved to HSBC Group Insurance, playing an instrumental role in the design and implementation of HSBC Insurance's global strategy for Bancassurance distribution, through preferred strategic partners, such as AIG, Axa, Allianz and Zurich. He worked with HSBC offices worldwide to drive revenues from collaboration with these partners and launch over 100 new products.

This year Ed has taken on the role of Head of Business Development for HSBC Re.

Before joining HSBC, Ed worked in the fields of sports journalism (The Times and Daily Telegraph), private wealth management and stockbroking.

He has a first class degree in History from Durham University and is an Associate of the Chartered Institute of Insurers (ACII), and is a two time prize winner from the Insurance Institute of London.

Nicholas Falck Lund

Copenhagen Finance IT Region

In January 2009 Nicholas Falck Lund was appointed Head of Copenhagen Finance IT Region (CFIR). Prior to this he held a position as manager in the Danish Bankers Association in the Department of Economic Policy and Bank Performance. He was responsible for casting the bullets for CFIR, which began when the Danish Bankers Association called for an initiative to develop the Danish position of strength in financial ICT. In the Danish Bankers Association he led several large projects among them a comprehensive analysis of the Danish financial sector and developing the web price-comparison portal in corporation with the Danish Consumer Council.

Nicholas Falck Lund has a MSc in Economics from the University of Aarhus. He began his career in the Danish Ministry of Finance, where he has been in the Ministry's international office assisting the Minister in the Minister Council in connection with the Danish Presidency of the EU in 2002. He also held a position in the office responsible for the public shares in companies like the energy company DONG and Copenhagen Airports.

CFIR is a Danish non-profit organization to develop the regional financial and IT sector. Behind the initiative are 14 partners - 5 labour unions, 4 universities, 3 industry associations, a Danish/Swedish network organisation, and the Danish Capital Region's organisation to promote investment. CFIR is a cluster initiative, based on the triple helix model - an initiative where knowledge institutions, enterprises and public partners are brought together in order to enhance innovation and growth.

Alex Merriman

Executive Director, Financial & Market Infrastructure
British Bankers' Association

Alex Merriman has been an Executive Director at the BBA since January 2008, and is currently responsible for Financial & Market Infrastructure issues.

He covers a broad range of market and infrastructural issues, including EU financial supervision, money markets, money market instruments and agreements, business continuity, as well as some aspects of clearing and settlement. Having joined the British Bankers' Association in October 2004, he also is active within the European Banking Federation, chairing its Clearing and Settlement Issues Group, and representing the BBA in the EBF Financial Markets and Financial Markets Supervision Committees. Alex is also a Member of the European Commission's expert groups monitoring the Code of Conduct for market infrastructures (the "MOG"), and advising on clearing and settlement issues ("CESAME II").

Alex was previously at the Bank of England where his early career was spent analysing EMEs, as well as a considerable spell as a banking supervisor. Latterly, he advised the Bank on EU financial services and institutional issues, including financial centre competitiveness questions. This followed a three-year secondment to the European Commission in the mid-1990s, and in his last post covered corporate financing and corporate structural issues.

Alex is an Associate of the Business Continuty Institute.

Randolf Roth

Executive Director - Head of Strategy

Randolf Roth started his professional career as an apprentice in the old East German (GDR) post office service. After the wall came down, he started to attend university, which he finished with a PhD in Financial Engineering from Dresden, University of Technology. He joined Deutsche Boerse Group in 1999 as a key account manager in the London office. In 2000 he joined the Eurex team in Chicago, which implemented together with the Chicago Board of Trade (CBOT) their first full fledged electronic trading system.

Thereafter, Randolf Roth continued to work for Eurex in Chicago, heading various US business development projects. In 2004 he moved to Deutsche Boerse/Eurex headquarters in Frankfurt where he currently serves Eurex as Executive Director, Head of Strategy.

Moorad Choudhry

Head of Treasury
Europe Arab Bank plc
Prof. Moorad Choudhry is Head of Treasury at Europe Arab Bank plc in London. He was previously Head of Treasury at KBC Financial Products, and a vice-president in structured finance with JPMorgan Chase Bank. Prior to that he worked as a gilts primary dealer with ABN Amro Hoare Govett Limited, and as a sterling proprietary trader at Hambros Bank Limited. Dr Choudhry is Visiting Professor at the Department of Economics, London Metropolitan University and author of Bank Asset and Liability Management (John Wiley 2007).

James Maher

Executive General Manager
Nexgen Reinsurance Limited

James joined Nexgen Reinsurance Limited (NRL) in September 2007 to press forward the development of this specialty reinsurance business in the newly regulated environment posted adoption of the European Reinsurance Directive. As a niche reinsurer NRL seeks out opportunities in respect of insurance clients needs to manage market risks embedded in variable annuity products as well as providing Insurance Linked Securities solutions in conjunction with its parent organization, Natixis Investment Bank.

James is a recognized leader in the Irish reinsurance scene who has been on the vanguard of many of the major product innovations that have been launched from Ireland over the last decade or so having held leadership and market facing roles with both Gen Re and London Reinsurance Group.

By profession James is a Fellow of the Society of Actuaries in Ireland where he sits on its governing council and is a Fellow of the Faculty of Actuaries in Scotland from where he leads the UK professions members group on Variable Annuities.

Pat Butler

McKinsey & Company

Pat Butler is a Director in McKinsey & Company's London Office. During 20 years with the Firm he has had a wide range of experience in the banking and insurance sectors, particularly on questions of strategy and growth with clients in the U.K., Europe, South Africa and the U.S. He leads our European Retail Banking practice and has led McKinsey's U.K. and South African Financial Institutions Practice.

In addition to banking and insurance, Pat has carried out strategy, marketing, organisation and financial work in a range of other industries, including pharmaceuticals, FMCG and leisure industries. Pat graduated from University College Dublin with a first class honors degree in Commerce. He qualified as a Chartered Accountant with Arthur Andersen & Co. in Dublin, and has lived in London for the last 24 years.

Steven Watts

KPMG, Canada

Steve Watts is a partner in the financial services practice of KPMG Canada . His clients include Schedule I and Schedule II banks as well as finance/leasing companies. He has been involved with several successful OSFI bank applications and is currently assisting a client with its OSFI bank application to provide Sharia-compliant products in Canada. Steve is a member of KPMG's international Islamic Finance Network and was part of the team that made a successful application to the 2009 Euromoney Islamic Finance Awards, which recently recognized KPMG as the "Best Islamic Assurance and Advisory Services Provider" for the second year in a row. Steve has worked in KPMG offices in Europe, the Middle East and India.

Anouar Hassoune

Senior Credit Officer
Moody's Investors Service

Anouar Hassoune, 33, is a Senior Credit Officer based in the Paris office of Moody's Investors Service, one of the leading rating agencies globally. Before this position, Anouar used to be a credit analyst at another well-known rating agency, namely Standard & Poor's. Anouar is responsible for the rating coverage of banks in the Middle East and North Africa, and also handles the global coordination of Moody's initiatives in the field of Islamic finance. Anouar's academic background includes a master's degree in Business Administration from Paris-based HEC Business School, a master's degree in Political Science from the Paris Institute for Political Studies, a post-graduate degree in Economics from the University of Paris, as well as the 'Agregation' certification in Business and Finance earned at the French 'Ecole Normale Superieure'.

Colm Fagan

IFSC Solvency II Sub-Group

Colm Fagan is an actuary and entrepreneur. He is a Director of Standard Life International, Axa Global Distributors (Ireland) and the life and non-life subsidiaries of Hannover Re in Ireland. In the UK, he discharges the FSA-approved role of With-Profits Actuary for Sun Life Assurance of Canada (UK). He chairs the Irish government's Solvency II Group, which is tasked with ensuring that Ireland's insurance industry and regulatory structures are ready for the advent of Solvency II. The Group includes representatives from the Department of Finance, the Financial Regulator and all sides of industry: life and non-life; domestic and international; direct writers and reinsurers; and captives. He is also a member of the Financial Services Industry Consultative Panel, which represents industry in its dealings with the Irish Financial Regulator.

Colm founded the international award-winning actuarial consulting firm Life Strategies in 1993 and chaired the company until 2008, when he left to develop his other interests. He played a key role in the growth of Ireland's international life insurance industry and led the preparation of business plans for regulatory purposes for more than 30 new life assurance companies. He served as Appointed Actuary for more than a dozen life insurers, mainly during their initial growth phases. He also advised on takeovers and transfers of business, including being appointed to advise the High Court on the reasonableness of terms offered to policyholders on such takeovers.

From 1986 to 1993, Colm was with Bank of Ireland Group. He was instrumental in the formation of one of Europe's first bancassurers and served as Finance Director and Chief Actuary of the bank's life subsidiary.

Colm is a Fellow of the Institute of Actuaries and of the Society of Actuaries in Ireland. He served as President of the Society from 2005 to 2007. He has presented numerous papers to international insurance and actuarial conferences on technical, business and regulatory aspects of life assurance.

Tim Murphy

Chief Operating Officer, AIS EMEA & Asia/Pacific
The Bank of New York Mellon
Tim Murphy is the International Chief Operating Officer for BNY Mellon's Alternative Investment Services Division covering both the EMEA and Asia/Pacific regions. Previously he was responsible for product development for Alternative Investment Services globally. Tim has worked for BNY Mellon for over ten years .He has over twenty years of experience in securities services, having worked in the banking, auditing and asset management sectors. Tim is a CPA and began his career with Ernst & Young in Boston. He has a BSBA in Accounting from Merrimack College, North Andover, MA.

Peter O'Dwyer

Hainault Capital
Peter has over 15 years experience in the international mutual fund and hedge fund industry, working in London, Germany and Ireland. He was the managing director of a successful international equity arbitrage fund and has set up a number of funds of hedge funds and index funds. He is an independent director of a several alternative investment funds in Europe and the Cayman Islands, including the world's first Sharia hedge fund. He is an economics and business studies graduate of Trinity College Dublin and a fellow of the Institute of Chartered Accountants in Ireland. He was formerly CEO of Gensec Bank in Europe and also worked as an international financial services tax consultant with PricewaterhouseCoopers and KPMG. He was a founding member of the editorial board of 'Internationales Steuerrecht', and is an editorial board member of 'Offshore Investment'.

Robert Fotheringham

Senior Vice President Trading
Toronto Stock Exchange

Robert Fotheringham currently serves as the Senior Vice President, Trading, with TSX Markets, a division of TSX Inc. His responsibilities include Trading, Product Development, Product Management, Canadian Sales, U.S. Sales, Derivatives and Structured Products.

Mr. Fotheringham's Trading Group responsibilities extend the mandate that he first accepted after joining TSX in 2005. Serving as the Vice President, Structured and Derivative Products, his responsibilities included the design, development and execution of TSX Inc.'s full derivative market strategy.

Prior to joining TSX Inc. Mr. Fotheringham served as the Vice President, Derivative and Quantitative Investments, with the Ontario Municipal Employees Retirement System. The notional value of the derivative portfolio under his management exceeded $6.0 billion. Cash quantitative based portfolio assets exceeded $3.0 billion. Mr. Fotheringham sat as a senior member of OMERS' Investment Management Committee and Global Tactical Asset Allocation Committee, where he assisted in the development of the Fund's asset allocation strategies and risk management initiatives.

Prior to joining OMERS, Mr. Fotheringham served as the Director - Senior Portfolio Manager for the Regional Municipality of Hamilton-Wentworth.

He sat as a senior member of the Region's Investment Strategy Committee. Mr. Fotheringham is a professional accountant, holding the Certified General Accountant's designation.

Akkie Lansberg

Managing Director
Holland Financial Centre

Akkie Lansberg (1971) started her career in 1994 with Deloitte & Touche management consultants. After moving to London in 1996 and working for a boutique consultancy firm, she joined Morgan Stanley in 1999 in de Investment Banking Division. Prime work focus was convertible and equity origination and syndication. Akkie moved to Morgan Stanley's Institutional Equity Division to do pan-European sales to Benelux institutional investors, and the team was voted number one approximately eighteen months later. After returning to Amsterdam she joined the Dutch Authority for the Financial Markets (AFM) in 2004, where she was responsible for setting up the supervision for the new market abuse directive, which was implemented in Dutch law in October 2005. The supervision of the market abuse directive includes a real time securities market monitoring team and an investigation team and focuses on the prohibitions of insider trading and market manipulation and the obligation for listed companies to disclose price sensitive information. In December 2007, Akkie left the AFM to become managing director of Holland Financial Centre.

Akkie completed her study business administration at the Erasmus University Rotterdam, and completed the International Executive Program at INSEAD. She is married and has a daughter.

John Feely

Attain Consulting
John Feely FIA FSAI AIIPM is an actuary based in Dublin. He is chairman of the Irish Government's Working Group on Pensions, formed in 2009. He formerly He joined Mercer, the global actuarial and benefits consultancy in 2005 to lead the development of integrated retirement solutions that bring together key aspects of Mercer's services. He is also responsible for outsourced administration and related services for Ireland and Continental Europe. John has wide experience in consulting, life insurance, asset management and sales. In previous roles he was responsible for strategic development at Abbey National Investments and for product and corporate development at Scottish Provident. He started his career as a consultant with Irish Pensions Trust (now part of Mercer) and has also worked in the investment management division of AIB. John is a past Chairman of the Irish Association of Pension Funds and has also served as a member of the Board of Directors of the European Federation for Retirement Provision where he chaired the working party on pan European pensions. He was also a member of the Irish Government?s task force on pan European pensions.

Patrick L Young

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".

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:

Aidan Walsh

Tax Partner - Financial Services Group
Ernst & Young

Aidan is a Partner in the tax division within Ernst & Young's Financial Services Group. He has over 15 years experience in advising clients on the taxation implications of financial services activities. Aidan is a qualified solicitor, has a diploma in corporate treasury and has completed his ACCA exams. Aidan is a member of the Irish Association of Corporate Treasurers. He is also an associate of the Institute of Taxation in Ireland.

He works closely with clients and colleagues in the world's major financial centres and in many tax advantaged financial centres. He also worked for periods in London and New York.

Aidan has published and spoken widely on the taxation of financial services in Ireland, tax risk management and other matters. He is one of the co-authors of the leading text book in the area: Taxing Financial Transactions in Ireland published by the Institute of Tax Ireland.

He is also a co-author, with PJ Henehan, of Global Tax Risk Management published by Tottel in the UK in 2007 and has been sold to tax professionals in over 20 countries.

Anthony Belchambers

Chief Executive
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

Colin Howard


Colin has been involved with technology for over 40 years. Amongst his many successes, he was responsible for installing the first digital dealing rooms in the City of London in the early 1980s. He subsequently founded the first electronic stockbrokers in the late 1980s. In the early 1990s Colin created Di-Soft, a specialist software house, bringing together the technical and commercial talent of individuals with whom he had worked for many years.

In 1995 he became Founder Chairman of BusinessNet - the first ever business-to-business ISP that was sold to Level (3) Communications, Inc. in January 1999. Later that year Colin was one of the founders of Comdaq. In 2003 he co-founded the Alternative Electronic Stock Exchange, and provides the automation software to the Nepal Stock Exchange. He is also lead consultant for UNCTAD in the implementation of the World Bank / EEC All Africa, Caribbean and Pacific Commodities programme.

Andrew Rigby

Brodies LLP

Andrew Rigby joined Brodies in 2007 and was formerly a partner at Addleshaw Goddard in London. He is recognised particularly for his expertise on large projects for banks and financial institutions, principally in the fields of technology transactions and IT and BPO outsourcing, and appears in the Best of the UK list prepared by Chambers and Partners.

Andrew has been involved in a number of ground breaking and heavily regulated outsourcing deals for clients involved in the Financial Services Sector. He was involved in one of the first Procurement outsourcing deals in the UK valued at US$6 billion, Offshore Outsourcing of Credit Risk and Equity Research deals and some of the first middle office fund management outsourcing transactions involving assets in scope valued at over £160 billion.

Andrew has been viewed as a thought leader in the financial services field for many years and has been consulted by various Governments including the UK Cabinet Office, the Department of Trade and Industry, the Argentinian Government and the Government of the Cayman Islands.

John Coffey

Head of Treasury ALM
BNP Paribas (Dublin) Branch

John is currently Head of Treasury ALM for BNP Paribas in Dublin,where he is responsible for managing a balance sheet of € 25 billion. John has spent all of his career in Treasury & Capital Markets and has gained extensive experience in Foreign Exchange, Money Markets, Bonds & Credit and related derivative markets. John has managed teams of Traders & Sales in these areas, assisting the rise to prominence of BNP Paribas in the local markets.

Since 2004, John has focussed primarily on growing the bank's funding base. The success of this project, allied with his experience of several previous market crises left John well placed to navigate BNP Paribas Dublin through the current credit crisis, leveraging the bank's AA+ rating and the substantial customer base built up by his team over recent years.

John Coffey began his banking career with Bank of Ireland in 1977. He moved into Treasury when he joined IIB bank in 1979 and he joined BNP as a Senior FX trader in 1981. He is a qualified CPA Accountant.

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