Discussion Panels

Thursday 14 May 2015

The (R)evolutionary Road: Company Stories Made Real

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Small Auditorium, Rustaveli Theatre

Networking Breakfast will be served from 09:00.

EBRD President Suma Chakrabarti will open the Business Forum with a key note address at this engaging panel discussion which will set the tone of this year's Business Forum. Since the beginning of the transition process, private sector businesses have been at the forefront of change. The return to private enterprise helped to liberate the economies of the EBRD region by unleashing their respective potentials.

Private sector development is the engine of growth and can be the driver of social change. To be successful, private enterprises must continuously adapt and reinvent themselves. What began as a revolution a generation ago is now part and parcel of an evolutionary progress.
 
This opening panel will bring together dynamic senior executives and entrepreneurs from the EBRD region with foreign investors for a provocative and informative discussion. What does “change” mean for them? How do they deal with a changing business environment? How did they manage to navigate through adversities and overcome obstacles to steer their companies to success? What challenges and opportunities do they face today? Panellists will describe what might lie ahead along the evolutionary road and describe the possible role of IFIs in this process.
 

Moderator

Jonathan Charles

Director of Communications, EBRD

Keynote

Suma Chakrabarti

President, EBRD

Speakers

Gokalp Ça

Vice Chairman, Netlog; General Manager, ICL Transport & Logistics

Thierry Déau

Founding Partner, Chief Executive Officer, Meridiam

Vaja Jhashi

President and CEO, Trans Oil Group

Ruben Vardanyan

Founder, Chairman, RVVZ Foundation

Gokalp Ça

Vice Chairman, Netlog; General Manager, ICL Transport & Logistics

Gokalp Çak is the Vice President and founding partner of Netlog Logistics Group, a leading logistics services group in the EMEA-CIS region, founded in 2004. He began his career in USA in Merrill Lynch Boston in 1999. He then decided to follow the family tradition to work in the shipping and freight transport industry and joined ABX Logistics Boston Logan Airport. During his 3 years he has worked in Air & Sea Freight department staff and New England sales representative of ABX Logistics. He then moved to France to work as the route operations leader of ABX Logistics for Turkey and Eastern Europe. In 2004, he moved back to Turkey to start Netlog Logistics Group with his father. He is a graduate of L’Institut Le Rosey Switzerland with “Prix D’Excellence” and Boston University School of Management.

Suma Chakrabarti

President, EBRD

President of EBRD, Sir Suma has extensive experience in international development economics and policy-making, as well as in designing and implementing wider public service reform. Previously he was Permanent Secretary and the most senior civil servant of British Ministry of Justice. From 2002, he headed the UK’s former Overseas Development Administration, where he worked with economies undergoing substantial reform in eastern Europe, the former Soviet Union and the Middle East and North Africa. He worked with the European Commission, previously in the Cabinet Office (2000), and in the UK Treasury (1990). He studied Politics, Philosophy and Economics (Oxford), holds a Masters in Development Economics (Sussex) and honorary doctorates (Sussex, East Anglia and Bucharest’s University of Economic Studies).

Jonathan Charles

Director of Communications, EBRD

Director of Communications at EBRD, responsible for the Bank’s internal and external image and messages. Before joining the EBRD, he was the presenter and editor of BBC World News European breakfast programme. Previously he spent 17 years as a BBC foreign correspondent from Frankfurt, Brussels, Paris and New York. His work involved covering events in Russia, including the Beslan School Siege, the Chechen War (1999-2000) and the 1998 Economic Crisis. He also covered the wars in Afghanistan and Iraq, as well as many other conflicts, all over the world. One of his specialist areas of expertise was the European Union. He covered the Maastricht Treaty Negotiations and the evolution of the Euro, (1991-2010). He holds both a BA and MA in Politics, Philosophy and Economics from University of Oxford.

Thierry Déau

Founding Partner, Chief Executive Officer, Meridiam

Mr Déau is Chairman and CEO of Meridiam, a leading independent global investor and asset manager specializing in public and community infrastructure founded in 2005. He began his career in Malaysia with the construction firm GTM International. He then joined France’s Caisse des Dépôts et Consignations where he held several positions with its investment and development subsidiary Egis Projects, moving up from project manager, then director of concession projects to his appointment as CEO of Egis in 2001. During his tenure at Egis he headed up international operations for the Egis Group executive committee, served on its risk management committee, and acted as member and chairman on the boards of several subsidiaries. He is a graduate of France’s engineering school, Ecole Nationale des Ponts et Chaussées.

http://www.meridiam.com/en

Vaja Jhashi

President and CEO, Trans Oil Group

Mr. Vaja Jhashi is the owner and the CEO of Trans Oil Group of Companies. This is a vertically integrated holding and is one of the leaders in the Black Sea Region agro-commodities markets. The Company is engaged in farming, grain trading and oil seeds processing in the region reaching trading volumes over 1MlnT. Mr. Vaja Jhashi started his carrier in 1996 in Fort Wayne Indiana, USA, working with Mr. James Kelley in the company called Trans Oil Ltd. Since 2004, he is the President and CEO of Trans Oil Group of Companies. Mr. Jhashi is a graduate of Moscow and Cairo State Universities with the degree in Economics and Middle Eastern Studies. He is fluent in Russian, English, Arabic and Georgian languages.

www.transoilcorp.com

Ruben Vardanyan

Founder, Chairman, RVVZ Foundation

Ruben Vardanyan, an entrepreneur and philanthropist, is a Founder and Chairman of RVVZ Foundation. He serves on the boards of directors of KAMAZ, SIBUR Holding, Joule Unlimited, Inc (U.S.), Rosgosstrakh, Ameriabank, and United Grain Company. Mr. Vardanyan is a Founding Partner and Vice-Chairman of the International Advisory Board of Moscow School of Management SKOLKOVO, as well as Chairman of the SKOLKOVO Institute for Emerging Market Studies and Head of the expert council of the school’s Wealth Transformation Center. Mr. Vardanyan serves on the International Advisory Boards at the International Christian University (Japan) and at Fundação Dom Cabral business school (FDC, Brazil). He is a member of the Supreme Religious Council of the Armenian Apostolic Church.

Thursday 14 May 2015

Driving Change: Gender-Responsive Practices in Business

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Room 2, Parliament Building

14:00-14:30: Women in Business Programme Signings
14:30-15:45: Discussion Panel
15:45-16:15: Awards Ceremony and Reception

According to McKinsey’s Women Matter report from 2013, corporate culture plays a critical role in advancing gender diversity at the top of corporations. Integrating women as employees and addressing women as entrepreneurs, consumers and leaders in business is crucial if businesses are to survive, grow and outpace the competition.

There are clear indications that a company that chooses to implement gender-responsive practices in its business is able to better position itself to deliver more effectively and efficiently. This in turn can lead to significant impacts on the economy as a whole. The panel shall discuss if, and how, companies have been adapting to this new context.

Moderator

Tanya Beckett

Presenter, World Business Report, BBC World News

Speakers

Julia Dawson

Managing Director, Thematic Research, Credit Suisse

Dana Denis-Smith

Founder, CEO, Obelisk Legal Support Solutions

Tanya Beckett

Presenter, World Business Report, BBC World News

Tanya Beckett is a banker turned broadcaster who has worked for the BBC for 15 years, presenting news and business programmes. Among her ventures at the corporation, Tanya spent 3 years working for the BBC in New York, travelled extensively in Russia and roamed Europe reporting on the Eurozone crisis. She currently presents news and business news on BBCWorldnews. Tanya graduated from Oxford University with a degree in Metallurgy and Materials Science and a fencing Blue. She has three children.

BBC.com

Julia Dawson

Managing Director, Thematic Research, Credit Suisse

Julia Dawson is a Managing Director of Credit Suisse in the Investment Banking Division, based in London. She is a member of the Equity Research Department and responsible for Environmental, Social and Governance (ESG) and Thematic Research. Ms. Dawson joined Credit Suisse in April 2014. Previously, she was Head of International Equity Sales at Alfa Bank (Russia) between 2008 and 2010. Prior to that, she worked at Deutsche Bank for six years where she was a Managing Director and Head of Emerging European equity sales. She began her career at Barings Securities in equity research and was Head of Russian Research from 1994 to 1999. Ms. Dawson holds a B. Sc. (Econ) degree in Economics and Russian Studies from the London School of Economics and MBA from INSEAD.

Dana Denis-Smith

Founder, CEO, Obelisk Legal Support Solutions

Dana has worked as an International journalist and is a former Linklaters lawyer. She founded Obelisk Support in 2010 to keep ex-City lawyers working flexibly, around their family or other personal commitments. She won the Strategic Leadership Award at the MPF 2014 awards, was a finalist in the Legal Innovator of the Year of the FT Innovative Lawyers Awards 2012. In 2010 she was named as one of 35 inspirational women in business under 35 in the UK by Management Today

www.obelisksupport.co.uk

Thursday 14 May 2015

Forum Partner Session: Bank of Georgia
Going Public

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Room A, Parliament Building

Bank of Georgia is the leading financial institution in Georgia, listed on the premium segment of the London Stock Exchange and a constituent of FTSE 250 Index.  Bank of Georgia attracts leading institutional investors from all over the world to take an exposure to Georgia through investments in the bank’s equity and Eurobonds. The bank has been setting a precedent among the regional companies in terms of access to capital markets, superior corporate governance standards and its experienced management team.

Irakli Gilauri, CEO of Bank of Georgia will talk about Bank of Georgia’s experience of Going Public, followed by a panel discussion on advantages and disadvantages of being a public company.

 

 

Presentation

Going Public.pdf

Moderator

Eka Shavgulidze

Head of Investor Relations and Funding, Bank of Georgia

Speakers

Archil Gachechiladze

Deputy CEO, Bank of Georgia; Chairman, Galt & Taggart

Nikoloz Gamkrelidze

CEO, Georgia Healthcare Group

Marchello Gelashvili

Partner, Ernst & Young

Roy Pearce

Partner, Baker & McKenzie

Archil Gachechiladze

Deputy CEO, Bank of Georgia; Chairman, Galt & Taggart

Mr Gachechiladze assumed the role of Deputy CEO (Investment Management) in May 2013, prior to which he served as Deputy CEO in charge of Corporate Banking. Prior to joining Bank of Georgia, Mr Gachechiladze served as deputy director in charge of Corporate Recovery at TBC Bank, Georgia, a position he held since August 2008. From 2006 to 2008, Mr Gachechiladze was an Associate at Lehman Brothers Private Equity (currently Trilantic Capital Partners) in London. From 1998 to 2004, Mr Gachechiladze served as a Senior Associate at Salford Equity Partners, a Senior Analyst at EBRD in Tbilisi and London, a Senior Financial Analyst at KPMG Barents in Tbilisi and as a Team Leader for the World Bank’s CERMA Project in Tbilisi. Mr Gachechiladze received his undergraduate degree in economics and law from Tbilisi State University and his MBA with distinction from Cornell University. He is also a CFA Charterholder and a member of the CFA Society in the United Kingdom.

http://bogh.co.uk/

Nikoloz Gamkrelidze

CEO, Georgia Healthcare Group

Formerly Deputy CEO (Finance) at Bank of Georgia since October 2012, prior to which he was CEO of Aldagi. Prior to joining Aldagi, Mr Gamkreldize served as CEO of joint stock company My Family Clinic from October 2005 to October 2007. Prior to joining My Family Clinic, Mr Gamkrelidze served as a consultant at Primary Healthcare Development Project (The World Bank Project) and worked on the development of pharmaceutical policy and regulation in Georgia. Prior to joining Primary Healthcare Development Project, he served at BCI Insurance Company as Head of the Personal Risks Insurance Department from 2002 to 2003. Mr Gamkrelidze graduated from the Faculty of General Medicine of Tbilisi with distinctions, and holds an MA in International Healthcare Management from the Tanaka Business School of Imperial College London.

www.ghg.com.ge

Marchello Gelashvili

Partner, Ernst & Young

Roy Pearce

Partner, Baker & McKenzie

Roy Pearce is a partner in the London office of Baker & McKenzie and a member of the Capital Markets Group. He represents issuers and investment banks in capital markets transactions, including IPOs, Eurobonds and liability management transactions. Among other transactions, he advised Bank of Georgia Holdings Plc on its admission to the premium listing segment and trading on the London Stock Exchange. Roy joined Baker & McKenzie in 1996 and has worked in the Firm’s Almaty, London and Moscow offices. He attended the University of Cambridge and the College of Law in London and also studied at the Centre d'Études Russes in Paris, the University of Warsaw, Adam Mickiewicz University in Poznań (Poland) and Leningrad University (USSR).

Eka Shavgulidze

Head of Investor Relations and Funding, Bank of Georgia

Thursday 14 May 2015

Fostering Green but Affordable Infrastructure Development - Showcasing Regional Initiatives

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Press Briefing Room, Parliament Building

In a regional context of dilapidated infrastructure, the need to renew water and transport assets offers a unique opportunity to leap-frog technological development, curb growing energy costs and invest in climate and environment friendly systems. However, green technology comes at a higher investment cost, raising affordability concerns for governments, local authorities, operators and consumers.

The panel will focus on practical solutions to design green development in an affordable way, leveraging innovative contract modalities or suitable financing tools. Panellists will also discuss the mobilisation of available funding sources including opportunities for private sector investment. This will be showcased through case studies from across the region.

EBRD Annual Meeting 2015: Investing in Green Infrastructure

Moderator

Thomas Maier

Managing Director, Infrastructure, EBRD

Speakers

Samuel Fourneaux

Business Development Director, Europe & CIS, Degremont SA

Yılmaz Ilgin

General Director, Ministry of Development

Davit Narmania

Mayor of Tbililsi, Tbilisi Municipality City Hall

Oshani Perera

Director, Public Procurement and Infrastructure Finance Programme, International Institute for Sustainable Development

Adam Purwin

CEO, PKP Cargo

Wolfram Senger-Weiss

Managing Director, Gebrüder Weiss GmbH

Samuel Fourneaux

Business Development Director, Europe & CIS, Degremont SA

Samuel Fourneaux has a dynamic 18-year career reflecting a worldwide sales experience with excellent business performance in both public and private sectors. He drove sales through key accounts, developed and established sales strategy in very challenging environments. He joined Suez Environnement in 2011 and was appointed Business Development Director & CIS for Degremont, SE’s branch for water treatment solutions a Water industry company of 5000 employees. As a key member of a leadership team tasked with influencing change and a go-to leader, he became a driven coach and mentor to the sales team.

http://www.suez-environnement.com/

Yılmaz Ilgin

General Director, Ministry of Development

Yılmaz ILGIN is General Director of Investment Programming, Monitoring and Evaluation General Directorate in the Turkish Republic Ministry of Development. Mr. Ilgın was born in 1960 in Zonguldak-TURKEY. He has an MA degree in economics. Since 1989, Yılmaz ILGIN has been working for the Ministry of Development (former State Planning Organization) as a junior planning expert(1989-1995), senior planning expert (1995-2003), head of department (2003-2011) and general director (2011-present). He has an MA degree in economics. Main duties of his General Directorate; to prepare public investment chapters of the planning and programming documents, to coordinate the preparation of the public investment program, to apprise, monitor and evaluate public projects, to coordinate approval phase of PPP projects and monitor them.

www.kalkinma.gov.tr

Thomas Maier

Managing Director, Infrastructure, EBRD

Thomas Maier is the Managing Director in charge of the Infrastructure sector at the European Bank for Reconstruction and Development. Mr Maier joined the EBRD as Senior Project Manager in August 1993 from NatWest Markets where he worked on acquisitions, management buy-outs and highly leveraged transactions in the UK and Western Europe. At the EBRD, he worked as Senior Banker in the Romania/Moldova/ Croatia/Ukraine country team. In 1999 he moved to the Municipal and Environmental Infrastructure Team as Deputy Director and became Team Director in October 2001. Mr Maier is a German national and holds a degree in Public Management and an MA in Development Economics. Mr Maier is Board member in various investee companies of EBRD.

Davit Narmania

Mayor of Tbililsi, Tbilisi Municipality City Hall

Davit Narmania graduated in 2002 from Ivane Javakhishvili Tbilisi State University with Master’s Degree in Economics and obtained his PhD in Economics from his alma mater in 2005. From October 2012 to April 2014, Davit Narmania served as the Minister of Regional Development and Infrastructure of Georgia, and then became Mayor of Tbilisi, following mayoral elections in August 2014. In the course of his career, Davit Narmania has worked for a range of international organizations, including the World Bank, USAID and GIZ. Davit Narmania is author of 24 scientific researches and co-author of 34 scientific studies conducted in 1999-2014.

Oshani Perera

Director, Public Procurement and Infrastructure Finance Programme, International Institute for Sustainable Development

Oshani Perera is the Director of the Public Procurement and Infrastructure Finance programme of the International Institute for Sustainable Development (IISD). Before joining IISD, Ms Perera worked at KPMG with a focus on corporate sustainability and supply chain management and at McKinsey & Company specialising on foreign direct investment and industrial competitiveness. Ms Perera holds a Master of Science (MSc) Environment Technology, Imperial College of Science, Technology and Medicine, UK; a Master of Science (MSc) in Economic Policy, University of Strathclyde, UK; and a Bachelor of Science (BSc) in Business Administration: Cornel University, USA and University of St. Gallen, Switzerland.

www.iisd.org

Adam Purwin

CEO, PKP Cargo

President of the Management Board, PKP CARGO S.A. - An experienced manager with nearly 20 years of experience and extensive theoretical knowledge in the field of law, economics and finance. Cooperation with the biggest international financial groups (banking and finance, investment banking and investment funds, venture capital funds and private equity, construction and rail industry). Activity on the Polish and international market, including Eastern Europe. Building the value for shareholders through the introduction of changes, the preparation and implementation of large investment projects, M&A processes and law investments, increasing profitability, market development, strategy development and implementation.

Wolfram Senger-Weiss

Managing Director, Gebrüder Weiss GmbH

Wolfram Senger-Weiss is Managing Director and a shareholder of the Gebrüder Weiss group, an Austrian based forwarding and logistics company. He is responsible for finance, law, purchasing, real estate, business development and M&A. Prior he worked in the metalworking industry and has managed a manufacturing start-up in the US. Wolfram Senger-Weiss holds a degree of the Vienna University of Economics and Business (WU Wien) and completed his post graduate training (MBA) at the INSEAD business school in France and Singapore. In 2012, he was elected president of the Zentralverband Spedition & Logistik, the Austrian central association of forwarding & logistics and member of the international umbrella organisation FIATA. Wolfram Senger-Weiss is married and has three children. He is an active member of YPO and FBN.

Thursday 14 May 2015

Youth Employment: 'Lost in Translation' between Skills and Employers' Needs

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First Republic Room, Parliament Building

Growing youth unemployment in many parts of the EBRD region is reaching alarming levels. It is mainly caused by the mismatch between the needs of employers, particularly in the private sector, and the skills of a high number of young people coming out of the education system and seeking to enter the workforce.

What are the key barriers to translating employers’ requirements into improvements in the education system? How can employers begin to play a more active part in shaping training and education programmes and foster soft skills development of young recruits? What steps could be taken to raise the profile and value added of work based learning programmes such as apprenticeships or traineeships, in partnership with training institutions and civil society organisations?

The discussion will pay particular attention to the ways in which EBRD can harness its close engagement with private sector employers as well as civil society in a broad sense to promote employment and economic inclusion for youth.

Biljana Radonjic Ker-Lindsay, Head of EBRD Civil Society Engagement Unit will join the panel as a discussant to bring examples from the work of civil society organisations to promote youth employment in cooperation with private sector.
 

Moderator

Anastasia Fetsi

Head of Operations, European Training Foundation

Speakers

Damir Ibrisimovic

CEO, AtlantBH

Salvatore Nigro

CEO Europe, Education For Employment (EuropEFE)

Barbara Rambousek

Senior Inclusion Specialist, EBRD

Jochem Theis

Country Component Manager Georgia, Private Sector Development Program South Caucasus, GIZ

Anastasia Fetsi

Head of Operations, European Training Foundation

Since January 2105 Anastasia Fetsi is Head of the Operations Department in the European Training Foundation (ETF). She is an economist and has a long experience on skills development policies in transition economies. As staff member of ETF since 1996 she analysed labour markets and skills matching mechanisms in countries of Eastern Europe, Western Balkans, Central Asia and North Africa; advised policy makers in adapting vocational education and training (VET) systems to emerging socio-economic needs; designed EU programmes in vocational education and training and employment. In a managerial role Anastasia guided the ETF work in the fields of qualifications, skills and migration, education and social inclusion; VET provision and quality assurance; entrepreneurial learning and enterprise skills.

www.etf.europa.eu

Damir Ibrisimovic

CEO, AtlantBH

Damir Ibrisimovic, founder, co-owner and director of Atlantbh, the company that pioneered web development in BiH, the first president of BIT Alliance, Association of BH IT companies and the creator and driving force of the BIT Camp, innovative programs for converting an intelligent non-IT people into software developers. As a second year student of Electrical Engineering, with friends runs a private business, the first company in Bosnia and Herzegovina which is developing web content. With the company's growth, he changed the role of software developer with the role of director, launching a number of innovative processes during the process of transformation Atlantbh into conscious capitalist company. In the role of the president of the BIT Alliance he led the creation of the BIT Camp from idea to implementation.

atlantbh d.o.o.

Salvatore Nigro

CEO Europe, Education For Employment (EuropEFE)

Salvatore Nigro leads Education For Employment’s business development, partnership and program management in Europe to support the operations in the MENA. With over 15 years of experience in nonprofit management, he was the Director of the Advocacy Department of the Glocal Forum. He is used to negotiating, mediating and facilitating at the highest levels of national and international institutions. He has experience of working both with governmental offices such as the Italian Ministry of Foreign Affairs and with NGOs in multicultural, multi-linguistic environments. He has advised governments, international organizations and employment agencies in the MENA. He speaks 5 languages and holds an MBA, a MA in International Studies and an MA in International Political Science.

www.efe.org

Barbara Rambousek

Senior Inclusion Specialist, EBRD

Barbara Rambousek is the EBRD’s Senior Inclusion Specialist, leading the Bank’s analytical and operational approach to economic inclusion and equality of opportunity, specifically in relation to access to employment, skills, services and corporate standards and practices. Ms Rambousek brings 18 years of senior management experience in international development and urban regeneration across Eastern and Western Europe, the Middle East and Asia. Having directed large scale economic development programmes for the EU, UN and USAID, she led the delivery of major urban regeneration projects in London and the formulation of London’s 20 year economic development strategy. Ms Rambousek holds an MBA from Cass Business School, London, an MSc from the London School of Economics and an MPhil from Vienna University, Austria.

Jochem Theis

Country Component Manager Georgia, Private Sector Development Program South Caucasus, GIZ

Jochem Theis is Head of the Georgia team at GIZ’s regional “Private Sector Development Programme South Caucasus” based in Tbilisi. Jochem Theis is responsible for a variety of GIZ’s capacity development measures related to wine, tourism, and construction sectors. His focus is on framework conditions and qualification issues. He has worked with GIZ for 7 years with long term assignments in Germany, Georgia, and Mongolia. In his previous positions, Mr Theis has worked on resource-rich economies, industrial policy, green growth and green economy. He studied European Studies at Maastricht University and earned MS in International Political Economy at the London School of Economics.

www.giz.de

Friday 15 May 2015

Forum Partner Session: UniCredit
The New Shape of Corporate Banking in CEE: What Beyond Lending?

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Chavchavadze Room, Parliament Building

Moderator

Enrico Minniti

Head of CIB CEE, Unicredit S.p.A

Speakers

Paolo Bozzolo

Head of Project and Commodity Finance, UniCredit

Andre Kuusvek

Director, Local Currency & Cap Mkt Dev, EBRD

Ludwik Sobolewski

CEO, Bucharest Stock Exchange

Paolo Bozzolo

Head of Project and Commodity Finance, UniCredit

Andre Kuusvek

Director, Local Currency & Cap Mkt Dev, EBRD

André Küüsvek has been the Director for Local Currency and Capital Markets Development since late 2012. His earlier career with the EBRD includes being a Country Director in Ukraine in 2008-2013 and in Kazakhstan in 2004-2008. Before this, André led project teams investing equity and debt in financial institutions across Central and Eastern Europe and the CIS from 1996-2004. At that time he was also the EBRD's bank-wide coordinator for capital markets and stock exchanges, as well as the financial sector coordinator for several countries. André has served on the boards of over 30 banks, insurance companies, equity funds and enterprises.

www.ebrd.com

Enrico Minniti

Head of CIB CEE, Unicredit S.p.A

Mr. Minniti was recently appointed Head of CEE CIB at UniCredit Bank Austria AG, which serves corporate customers in 13 countries of Central & Eastern Europe. He has matured a solid international professional experience in several banks within UniCredit. In 2008 he joined Ukrsotsbank (Ukraine) as Head of Real Estate, Specialized Lending and Restructuring Unit. In 2010, Mr.Minniti was called by Bank Austria to set up the F&A Dept and to coordinate the Financing activities in Central and Eastern Europe. Under his leadership UCG positioned at the top of CEE League Tables and gained several prestigious awards.

www.unicredit.eu

Ludwik Sobolewski

CEO, Bucharest Stock Exchange

Mr Ludwik Sobolewski was appointed as CEO of Bucharest Stock Exchange in August 2013. Between 2006-2013,Mr Sobolewski served as President of the Management Board and CEO of the Warsaw Stock Exchange, where during his mandate, WSE became the leading stock exchange in CEE and a listed company on its own regulated market since 2010, after the rolling of a successful IPO. Since July 2014, Mr Sobolewski is the president of the Board of CN Posta Romana. Ludwik Sobolewski is a lawyer by education, graduating in 1989 from the Law and Administration Faculty of the Jagiellonian University in Cracow. He holds the title of Doctor of Law since 1995 from Panthéon – Assas University (Paris II).

www.bvb.ro

Friday 15 May 2015

Inspiring Sustainability Leadership

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Room 2, Parliament Building

Networking Breakfast will be served from 08:30.
 
09:00 – 09:15: Sustainability Report Launch
09:15 – 10:05: Discussion Panel
10:05 – 10:45: Awards Ceremony
 

The EBRD Sustainability Event, hosted by the Environment & Sustainability Department, is the Bank’s principal event for showcasing the key achievements of EBRD and its clients and an opportunity for the Bank to reflect upon the fundamental sustainability challenges facing the Bank’s Countries of Operation. The event comprises three important elements:

  • Launch of the EBRD’s 2014 annual Sustainability Report – The Bank’s digital Sustainability Report provides a dynamic and captivating overview of the essential role played by EBRD in promoting sustainable development and highlights through case studies the how the Bank’s work in 2014 achieved this.
  • The Discussion Panel – Inspiring Sustainability Leadership – Our panel of recognised sustainability leaders will discuss why being a sustainability leader is of such value and how the EBRD can inspire its companies to address sustainability issues in a more comprehensive and holistic manner and how they themselves can become leaders and role models within their business communities.
  • The EBRD Sustainability Awards 2015 – Join the Environment and Sustainability Department and Sustainable Resources and Climate Change Team in recognising and celebrating the exceptional achievements of selected clients in going over and above standard requirements in their efforts in promoting best practice, innovation, adaption to climate change and increasing the supply of sustainable energy.

 

Moderator

Josué Tanaka

Managing Director, OSP, Energy Efficiency & Climate Change, EBRD

Speakers

Gia Gvaladze

External Affairs Director, BP Georgia

Oliver Rothschild

Chairman, Oliver Rothschild Corporate Advisors

Ruediger Senft

Head of Corporate Responsibility, Commerzbank AG

Gia Gvaladze

External Affairs Director, BP Georgia

External Affairs Director Tenure: Since 2009 Outside interests: No external appointments Age: 52 Nationality: Georgian Career Gia Gvaladze has 20 years of extensive experience in the oil and gas industry. Starting his career in late 1994, as the Head of International Department in the State Chancellery of Georgia, he was a member of the Government negotiating team with the oil consortium for Early Oil route selection through Georgia. Back in 1996 Mr. Gvaladze joined BP as the Deputy Resident Manager. Along with expansion of BP’s activities and initiation of the new projects in Georgia, Mr. Gvaladze’s responsibilities within the company have grown as well. His past roles include Commercial Manager, Shah Deniz Country representative, Manager of Government and Regulatory Affairs and External Affairs Deputy.

Oliver Rothschild

Chairman, Oliver Rothschild Corporate Advisors

Oliver Rothschild is a London-based corporate strategist and mentor, active within a diverse range of industries and commercial enterprises. Currently, he is Chairman of Oliver Rothschild Corporate Advisors and holds many international executive appointments. He is a Business Ambassador for the UKTI and the UK’s Growth Accelerator programme. In addition, he is a Co-Founder and Chairman of Innovation Warehouse (Advisory Board), a London-based accelerator and early stage tech incubator. In academia, he is a Senior Entrepreneur Fellow of the University of Essex and Durham University. He is also connected to UNECE, UNIDO, having previously been Chairman of UNICEF. Active in the philanthropic community, he is a Patron of Flying Angels Foundation, Paning Wong’s Centennial Foundation, Mo Farah Foundation, and Diversity UK.

Ruediger Senft

Head of Corporate Responsibility, Commerzbank AG

Ruediger Senft is Vice President of Commerzbank, a leading international commercial bank with branches and offices in more than 50 countries. Commerzbank finances more than 30 per cent of Germany’s foreign trade and is the leader in financing for SMEs. Mr. Senft joined Commerzbank as a Consultant for digital business in the year 2000. Three years later he joined Volkswagen Bank as Marketing Manager before returning to Commerzbank in 2006 joining the international sales team trade finance. From 2008 he was in charge of environmental, social and governance risk issues. Since 2014 Mr. Senft heads the Corporate Responsibility Department which is responsible for the sustainability strategy of the bank. He studied Business Administration in Giessen and Paris and was fellow of the German-American-Parliament Programme.

www.commerzbank.com

Josué Tanaka

Managing Director, OSP, Energy Efficiency & Climate Change, EBRD

Josué Tanaka is responsible for the EBRD operational strategy and planning function and for leading its Energy Efficiency and Climate Change activities including the Sustainable Energy Initiative (SEI), which aims at scaling up energy efficiency and renewable energy financing in CEE and in SEMED countries. Building on the experience of the SEI, the EBRD launched the Sustainable Resource Initiative which expands the application of the SEI business model from energy to water and materials efficiency. Prior to EBRD, Mr Tanaka worked at the World Bank as Special Assistant to the President and in various positions on strategic planning, tropical forest conservation and environmental financing. Mr Tanaka holds a BSc in Engineering from Princeton University and an MSc and PhD from the Massachusetts Institute of Technology.

Friday 15 May 2015

The Impact of Changing Capital Markets on Developing Economies

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Room A, Parliament Building

As the new European Commission makes Capital Markets Union a priority, this panel addresses the impact of this proposed union, and other changes in capital markets, on developing economies in general, and the EBRD’s countries of operations in particular.

A diverse range of high-level speakers, including regulators, market participants and other leading contributors to the debate, will address the key challenges posed by the changing framework of capital markets, as policy-makers seek to diversify funding sources away from the traditional reliance on the banking sector. Topics to be covered are likely to include securitisation, challenges for pension funds and insurance companies, and the role of Central Counterparty Clearing-Houses. Panellists are not expected to make formal presentations but rather to participate in an open discussion where audience involvement will be encouraged.
 

Moderator

Ralph Atkins

Capital Markets Editor, Financial Times Ltd.

Speakers

Niki Beattie

Founder, Managing Director, Market Structure Partners

Archil Mestvirishvili

Deputy Governor, National Bank of Georgia

András Simor

Vice President and Chief Financial Officer, EBRD

Liviu Voinea

Deputy Governor, National Bank of Romania

William Weaver

Managing Director, Head of EMEA Dept Capital Markets and Syndicate, Citigroup

Ralph Atkins

Capital Markets Editor, Financial Times Ltd.

Ralph Atkins has been Capital Markets Editor for the Financial Times since July 2012. For the eight previous years, he was the FT’s Bureau Chief in Frankfurt covering the European Central Bank, Eurozone economy and German corporate sector. Prior to Frankfurt, he worked as an FT correspondent in London, Bonn, Berlin, Jerusalem and Brussels. He obtained an Economics degree from Sidney Sussex College, Cambridge.

ft.com

Niki Beattie

Founder, Managing Director, Market Structure Partners

Niki Beattie has more than 20 years of capital markets experience, particularly focusing on capital markets infrastructure and the impact of regulation. She spent 17 years working in investment banking and became Managing Director and Head of EMEA Market Structure at Merrill Lynch International. Then she founded Market Structure Partners, a strategic consulting firm which specialises in the structure of capital markets and advises all types of market participants. Niki also has a number of Non Executive Board roles; she is Chairman of Aquis Exchange, and a member of the Boards of Moscow Exchange, Cheuvreux International Limited and IRESS Limited. Alongside these roles, she also sits on the Consultative Working Group to ESMA’s Secondary Markets Standing Committee and the UK FCA’s Regulatory Decisions Committee.

www.marketstructure.co.uk

Archil Mestvirishvili

Deputy Governor, National Bank of Georgia

András Simor

Vice President and Chief Financial Officer, EBRD

András Simor was appointed Vice President and CFO in October 2014. He joined the EBRD on 1 July 2013 as Vice President, Policy. Previously, he was Governor of the National Bank of Hungary (2007-2013); Chairman and Office Managing Partner (member of EBRD’s Executive Committee the Operations Committee Deloitte Hungary), member of the Board of Directors (Deloitte Central Europe, 1999-2007). Prior to this, he was non-executive Chairman of the Board (Budapest Stock Exchange, 1998-2002), Chairman of the Managing Board (CAIB Investment Bank A.G. Vienna, 1997-1998), Chairman and CEO (Creditanstalt Securities, 1989-1997). He was named ‘Central Banker of the Year for Emerging Europe’ by Euromoney Emerging Markets Magazine (2010) and ‘One of the top 50 Business Executives in Europe’ by Business Week Europe (2001).

Liviu Voinea

Deputy Governor, National Bank of Romania

Liviu Voinea is Deputy Governor and Vice-president of the Monetary Policy Committee at the National Bank of Romania, in which capacity he coordinates the Financial Stability and International Relations departments. He served as Budget Minister and State Secretary in the Ministry of Finance and a Board Member of Export Import Bank of Romania. Liviu Voinea is a professor of international economics and macroeconomics at the Bucharest University of Economic Studies. He holds an MSc degree in business administration from School of Business, Stockholm University, a Ph.D. in economics from the Bucharest University of Economic Studies. He had a post-doctoral fellowship at the European Commission’s Joint Research Institute in Seville, Spain. He received the "Virgil Madgearu" Award for economics of the Romanian Academy.

William Weaver

Managing Director, Head of EMEA Dept Capital Markets and Syndicate, Citigroup

William Weaver heads Citi’s DCM and Syndicate businesses in Europe, Middle East & Africa. The group is responsible for originating and executing new issues and liability management transactions for sovereigns, agencies, supranationals, corporates and financial institutions.He has had a 20 year career at Citi within Corporate & Investment Banking and Capital Markets.Prior to his current role he ran Citi’s CEEMEA DCM business where he oversaw the successful execution of bond issues across 40 countries in emerging markets. During this period he was twice voted by clients in EuroWeek’s poll as the Best Emerging Markets Banker of the year and ran a team that was consistently ranked number 1 in the industry league tables. He was promoted to Managing Director at the end of 2007.

Friday 15 May 2015

Adopt, Adapt, Advance: Innovating for the Future

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Room B, Parliament Building

In 2014 EBRD switched a spotlight on innovation and the impact it can have on transition and sustainable growth. The Transition Report, Innovation in Transition explored how innovation by individual companies can help find new growth drivers and re-energise transition in the EBRD region. The EBRD also adopted a knowledge economy initiative, designed to promote innovation across EBRD projects in a more systematic way.

The Adopt, Adapt, Advance: Innovating for the Future panel will bring together business, academics and thought-leaders to explore ways to assist companies to ‎better absorb foreign technologies and improve management techniques. The panel will discuss how governments, the private sector and the EBRD can work together to unleash this potential: by providing SMEs and corporate clients with both advice and capital -- brains and (financial) brawn.

EBRD Annual Meeting 2015: Innovating for the Future

 

 

Presentations

Adopt, Adapt Panel_Albert Bravo-Biosca NESTA.pdf

Adopt, Adapt Panel_Beata Javorcik.pdf

Adopt, Adapt_Ralph de Haas.pdf

Moderator

Ralph de Haas

Director of Research, EBRD

Speakers

Hakan Aygen

Executive Vice President, Corporate Finance and Economic Research, TSKB

Albert Bravo-Biosca

Senior Economist, Nesta

Beata Javorcik

Professor of Economics, University of Oxford

Hakan Aygen

Executive Vice President, Corporate Finance and Economic Research, TSKB

Hakan Aygen was born in Konya in 1965 and graduated from Management Engineering Department of İstanbul Technical University. Mr. Aygen started his professional career in non-financial sector in 1989. He joined TSKB in 1995 as an assistant specialist in the Financial Analysis Department and completed his master’s degree on Management and Organization at the Marmara University in 1996. Mr. Aygen was appointed to Head of Corporate Finance Department in 2006 and promoted to Group Head in 2011. Since 2006, he has been also serving as a Board Member of Yatırım Finansman Securities. Having received his Accounting Finance doctorate degree from Marmara University in 2013, he was promoted to Executive Vice President for Corporate Finance and Research in December 17, 2013.

www.tskb.com.tr

Albert Bravo-Biosca

Senior Economist, Nesta

Albert is Senior Economist at Nesta and heads the Innovation Growth Lab, a new global laboratory for innovation and growth policy that Nesta has set up in partnership with several public and private organisations internationally. His prior work has been at the intersection of innovation, growth and finance. He led Nesta’s research programmes on business growth dynamics and its drivers in the UK and internationally, and on the contribution of intangible assets to productivity growth. Among others, his research has also looked at venture capital, financial institutions and the effectiveness of innovation policy. He holds a PhD in Economics from Harvard University and is guest professor at the Barcelona Graduate School of Economics. He has also been visiting economist at the OECD and consultant for the World Bank.

www.innovationgrowthlab.org

Beata Javorcik

Professor of Economics, University of Oxford

Beata Javorcik is Professor of Economics at the University of Oxford and Research Affiliate at the Centre for Economic Policy Research in London. She specializes in international trade and economic development. Her research interests focus on determinants and consequences of inflows of foreign direct investment, links between exporting and firm performance, and evaluations of investment promotion programs. Prior to coming to Oxford, Professor Javorcik worked for eight years at the World Bank in Washington DC where she was involved in research activities, lending operations and provision of policy advice to countries in Central and Eastern Europe, Latin America and Asia. Professor Javorcik holds a Ph.D. in Economics from Yale University and a B.A. from the University of Rochester.

http://www.economics.ox.ac.uk/members/beata.javorcik/

Ralph de Haas

Director of Research, EBRD

Ralph De Haas (Maastricht, 1976) is the Director of Research at the European Bank for Reconstruction and Development. Prior to joining the EBRD, Ralph worked at the Banking Supervision and Monetary Policy Departments of the Dutch central bank. Ralph holds a PhD in Economics from Utrecht University and is currently a part-time Associate Professor of Finance at Tilburg University. His main research interests include international banking and financial integration, development economics, and small-business finance.

Friday 15 May 2015

The Global Energy Landscape: A Conversation with Thane Gustafson

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Room B, Parliament Building

EBRD Managing Director Riccardo Puliti and Professor Thane Gustafson ‎will discuss issues facing the energy industry with a focus on our region, including energy supply and energy security. Dr Gustafson is a professor of government at Georgetown University and a renowned  specialist and respected author on global oil and gas for more than three decades.

Currently at the IHS Cera consultancy, where he is Senior Director of Russian and Caspian Energy, Professor Gustafson is the author of Wheel of Fortune, one of his many well- reviewed books about the oil and gas industry. He has also co-authored works on the industry with his colleague Daniel Yergin. Not only is Professor Gustafson an expert on all facets of the energy industry, and a specialist on the post-Soviet region, he is also a fluid, engaging and witty speaker, who can field questions on a wide variety of energy-related themes while piquing the interest and intellect of his audience.

Speakers

Thane Gustafson

Professor of Government, Georgetown University; Senior Director, IHS CERA

Riccardo Puliti

Managing Director, Head of Energy and Natural Resources, EBRD

Thane Gustafson

Professor of Government, Georgetown University; Senior Director, IHS CERA

Thane Gustafson, IHS CERA Senior Director of Russian and Caspian Energy and Professor of Government at Georgetown University, is a widely recognized authority on Eurasia who has spent 40 years studying and traveling in Russia, Ukraine, and the rest of the Former Soviet Union. Dr. Gustafson’s latest book is Wheel of Fortune: the Battle for Oil and Power in Russia (Harvard University Press, October 2012), described by Foreign Affairs as “a superb book… the single most revealing work on Russian politics and economics published in the last several years.” Formerly a professor at Harvard University and a political analyst at the Rand Corporation, Dr. Gustafson holds a BS from the University of Illinois in political science and chemistry, and a PhD in government from Harvard University.

ihs.com

Riccardo Puliti

Managing Director, Head of Energy and Natural Resources, EBRD

Mr Puliti joined EBRD in Power and Energy Utilities (1996) and later moved to Natural Resources (1998). He was then appointed Deputy Director of Municipal and Environmental Infrastructures (1998-2002) and subsequently Director of Transport Infrastructures (2002-2007). He has wide experience in emerging market economies, working with the private and public sectors. He started his career at Istituto Mobiliare Italiano Group (1987), moved to Banque Indosuez Paris, and then joined NM Rothschild and Sons London. MBA alumnus (Instituto de Estudios Superiores de la Empresa) and postgraduate alumnus (Kennedy School of Government, Harvard University and Imperial College), Mr Puliti holds various Supervisory Board and Board of Directors memberships in investee companies.

Friday 15 May 2015

Investing in Times of Geopolitical Uncertainty

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First Republic Room, Parliament Building

The EBRD was created in 1991 in response to a particular set of geopolitical circumstances: the end of the Cold War, the collapse of communism in eastern Europe, and hopes for re-integration of East and West based on institutions of markets and democracy. Twenty years later, the Arab Spring signified a similar shift in North Africa.
 
Over the past year, events surrounding the crisis in Ukraine and the rise of extremist groups in the Middle East have altered the geopolitical landscape, posing challenges not only for governments but also for investors who need to understand political risks and opportunities in the face of uncertainty.

The panel will open with a keynote address on the emerging geopolitical challenges and how they may impact countries going through different stages of transition. Panel members will then focus on how private sector investors perceive geopolitical risks, how these can be mitigated, and the role of the EBRD and other IFIs in promoting investment in uncertain times.EBRD Annual Meeting 2015: Investing and Geopolitical Uncertainty

Moderator

Alan Rousso

Managing Director, External Relations and Partnerships, EBRD

Speakers

Neil Buckley

Eastern Europe Editor, Financial Times Ltd.

Bozidar Djelic

Managing Director, Lazard Freres

Christopher Granville

Managing Director and Director, Russia/FSU Research, Trusted Sources

Tarek Osman

Senior Political Counsellor, EBRD

Neil Buckley

Eastern Europe Editor, Financial Times Ltd.

Neil Buckley is Eastern Europe Editor of the Financial Times, responsible for overseeing the newspaper’s coverage of central and eastern Europe and the former Soviet Union. An FT journalist for more than two decades, he was formerly Moscow Bureau Chief, in 2005-2008. Prior to that, Mr Buckley was a correspondent in New York, from 2002 to 2004, and a European Union correspondent in Brussels, 1996-2000. He has twice been a columnist on the FT’s Lex Column, the agenda-setting commentary column on business and financial issues. He is a former Business Journalist of the Year in the British Press Awards.

www.ft.com

Bozidar Djelic

Managing Director, Lazard Freres

www.lazard.com

Christopher Granville

Managing Director and Director, Russia/FSU Research, Trusted Sources

Christopher Granville is a co-founder and managing director of Trusted Sources, an independent research company covering political economy-related risks and drivers in emerging markets for institutional and strategic investors. He has spent the greater part of his career as an analyst focused on Russia’s financial markets, including six years as Chief Strategist and Political Analyst at United Financial Group (UFG), a Moscow-based investment bank now owned by Deutsche Bank. Christopher joined UFG from Fleming-UCB, where since 1995 he had held the position of Managing Director and Head of Research. Prior to that, he was a UK diplomat, and served for four years in the political section of the British Embassy in Moscow.

www.trustedsources.co.uk

Tarek Osman

Senior Political Counsellor, EBRD

Tarek Osman, a political economist focused on the Arab World, is the EBRD’s political counsellor for the southern & Eastern Mediterranean; the author of the internationally acclaimed “Egypt on the Brink” (Yale, 2010); the writer and presenter of several BBC documentary-series; and a regular commentator on the Arab World and Islam at Foreign Affairs, Financial Times, and the Cairo Review.

Alan Rousso

Managing Director, External Relations and Partnerships, EBRD

Alan Rousso was appointed Managing Director for External Relations and Partnerships on 1 April 2015. Prior to his recent appointment, he held the position of Managing Director, External Action and Political Affairs and Managing Director, Stakeholder Relations. Before that, he held several positions in the Office of the Chief Economist, including Director for Project Appraisal and Design and Director for Strategy and Analysis, leading the OCE’s work on structuring investment projects to achieve maximum transition impact, on developing the Bank’s country strategies and sector analysis, led the Bank’s research on governance and anti-corruption issues across the transition region. He holds an M.A., M.Phil., and Ph.D. in Political Science from Columbia University and a B.A. in Political Science from University of Vermont.

Friday 15 May 2015

Closing Event - Tbilisi 2015/Caucasus 2051
A History of Our Future: Our Fears, Our Hopes, Our Lives

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Room 2, Parliament Building

16:30 – 17:30: Discussion Panel
17:30 – 18:30: Awards Ceremony and Reception

Prior to the opening of the Business Forum, students from Tbilisi State University and the Free University in Georgia, the American University of Armenia, and ADA University in Azerbaijan, were invited to take part in an essay competition. They were asked to look at their own country and beyond its border to set out in writing their vision for the Caucasus region. Their written work is the starting point for what promises to be a fascinating discussion on identity, integration and progress.

Twelve finalists from this essay competition will be present to discuss and expand upon their written thoughts. Participants will gain insight into how young people in this corner of the world imagine their lives, country and region will look several decades hence.

This promises to be a fascinating and provocative discussion, providing insight into the thoughts of a generation born after the end of the USSR. It will be followed by an award ceremony and reception. Copies of the essays written by the finalists will be available online in their original language as well as in English translation.

EBRD Annual Meeting 2015: Tbilisi 2015/Caucasus 2051

Moderator

Larry Sherwin

Deputy Director, Communications, EBRD

Speakers

Natalia Antelava

Radio and TV journalist, former BBC correspondent for the Middle East and Central Asia

Natalia Antelava

Radio and TV journalist, former BBC correspondent for the Middle East and Central Asia

Natalia Antelava is a co-founder of Coda Story (www.codastory.com) and an Emmy-nominee and award winning journalist currently based in Tbilisi, Georgia where she is originally from. She started her career freelancing in West Africa but has since been BBC’s resident correspondent in the Caucasus, Central Asia, Middle East, Washington DC and most recently India. She has reported undercover from Burma, Yemen and Uzbekistan and her investigations into human rights abuses in Central Asia, Iraq and the United States have won her a number of awards. Natalia has most recently reported for the BBC from Eastern Ukraine and has also written for the Guardian, Forbes magazine, Washington Post and the New Yorker among others. Follow @antelava

www.codastory.com

Larry Sherwin

Deputy Director, Communications, EBRD

Larry Sherwin has been Deputy Director of Communications at the EBRD for the past thirteen years. Prior to that he was a senior communications manager at two international corporations, Novartis AG and Syngenta AG, both with headquarters in Switzerland. He also spent some fifteen years in broadcast administration, first as Deputy Director of the Russian Broadcasting Department of RFE/RL in Munich and, later, as Deputy Director of Radio Liberty. He holds a double degree in history and Slavic languages from Brown University, as well as an MA in politics from Harvard University and an MBA from UC Berkeley.