the fsclub season events outline 2011 2012

The Financial Services Club is supported by

The Financial Services Club London

Season 2011-2012

The Financial Services Club was established in 2004 as a private networking club for financial

professionals that focuses on the future of financial services.

We meet regularly for debates, commentary, ideas and discussions and provide a platform for

practitioners, regulators and industry leaders to meet, network and discuss the future of our

industry. The Club is based in London, and also has regular meetings in Edinburgh, Dublin and

Vienna.

Between our various centres, the Financial Services Club has a typical audience of fifty or more

senior bank and technology executives attending each meeting.

In addition, we write up meeting proceedings in our web news and blog. The Financial Services Club

has over 12,000 people subscribing to our daily email news service via the website www.fsclub.net,

with a further 1,200 people reading the blog, thefinanser.com, every day.

Our recent guests of honour include:

• Peter Ayliffe, CEO, Visa Europe

• Willem Buiter, Chief Economist, Citigroup

• Vince Cable, Shadow Chancellor with the Liberal Democrats

• Vernon Hill, Vice Chairman, Metro Bank (UK) and Founder, Commerce Bank (USA)

• Andrew Tyrie, Chairman, Treasury Select Committee

• Sir Win Bischoff, Chairman, Lloyds Banking Group

• Gerard Hartsink, Chairman, European Payments Council

• Angela Knight, Chief Executive, the British Bankers' Association

• JP Rangaswami, Chief Scientist, Salesforce.com

• Chris Cummings, Chief Executive, TheCityUK

• Gilbert Lichter, Chief Executive, Euro Banker's Association

• John Sculley, former Chief Executive Officer, Pepsi-Cola and Apple Computers

• Adrian Coles, Director General, the Building Societies Association

as well as colleagues from the media including Andrew Hill who writes the Lex Column for the

Financial Times, Brian Caplen who is Editor of the Banker Magazine and Daniel Thorniley, Senior Vice

President for the Economist Group.

Membership is available at just £500 per year, giving you access to all events in London, as well as

those in Ireland and Eastern Europe.

In the pages that follow, you can see our full meetings for the 2011 - 2012 season.


Thursday, 08 September 2011

What is the future for Global Finance?

Professor Michael Mainelli, Emeritus Gresham Professor of Commerce and founder of z/Yen

Tuesday, 27 September 2011

Christophe Langlois, Founder & CEO, Visible-Banking.com

Being a successful bank through social engagement

Wednesday, 05 October 2011

The Future of Global Transactions

Wilco Dado, Head of Global Payments, Global Transaction Services (GTS), Royal Bank of Scotland;

and Harry Newman, Director Banking Market Infrastructures at SWIFT


What is the UK regulatory regime?

Margaret Cole, Interim Managing Director, the Financial Services Authority (FSA)

Wednesday, 02 November 2011

Dark Pools and HFT: Good or Bad?

Dr Kay Swinburne, MEP

UK Conservative Spokesman - Economic and Monetary Affairs

Tuesday, 08 November 2011

Keynote Dinner

Brian Hartzer, Chief Executive Officer for UK Retail Banking, Wealth Management & Ulster Bank for

the Royal Bank of Scotland Group


Not just an Earthquake, but a Tsunami too: a real test of Disaster Recovery

Mitsuo Miwa, Chief Representative, London at Tokyo Stock Exchange

Monday, 12 December 2011

A Christmas Celebration of Comic Consulting for Children in Crisis

Julia Streets

Tuesday, 10 January 2012

An update on EU financial services legislation and associated initiatives

Dr. David Doyle, EU Policy Advisor on Financial Markets

Wednesday, 25 January 2012

Alternative and virtual currencies: the way of Bitcoin

Donald Norman, Co-founder, Bitcoin Consultancy



Annual Debate: "Is SEPA happening and does it matter?"

A panel discussion with: Gilbert Lichter, CEO, EBA; Ruth Wandhofer, Head of Market Policy and

Strategy, EMEA, Citi; Simon Bailey, Director, Logica; and Johnny Brit, Chairman, Xenophobank.

Wednesday, 20 February 2012

Steering a financial firm through a crisis: lessons learnt

Charles Thomson, CEO, Equitable Life 2001-2009 and previously Scottish Widows

Monday, 26 March 2012

Sustainable banking: what’s it all about?

Charles Middleton, Managing Director, Triodos Bank UK, and Laurie Spengler, President and CEO of

ShoreBank International

Wednesday, 29 February 2012 Launch of the Clearing & Settlement Working Group (CAS-WG)

Tuesday, 6 March 2012

The Future of Cash – is there one?

A debate between Adam Lawrence, Chief Executive of the Royal Mint and John Howells

CEO of the LINK Scheme in support of cash, versus David Birch, Director of Consult Hyperion and

Francesco Burrelli of the Value Partnership against

Wednesday, 21 March 2012, Keynote Dinner

The Future of SWIFT

Lazaro Campos, Chief Executive, SWIFT



Charles Middleton, Managing Director, Triodos Bank UK, and Laurie Spengler, President and CEO of

ShoreBank International

Thursday, 19 April 2012, Keynote Dinner

The future of investing and getting the right returns

Elizabeth Corley, Chief Executive, Allianz Global Investors

Wednesday, 25 April 2012

The changing relationship between banks and their corporate clients

Carole Berndt, Head of Global Treasury Solutions, EMEA, Bank of America

Wednesday, 16 May 2012

Government and banks: a relationship that has changed

Mark Hoban MP, Financial Secretary to the Treasury

Wednesday, 23 May 2012, Keynote Dinner

Creating a stable financial system

Andy Haldane, Executive Director, Financial Stability, Bank of England


Tuesday, 12 June 2012

Greed and Corruption in the City – does it really exist?

Nick Kochan and Ian Fraser

Wednesday, 20 June 2012

Everything you wanted to know about the City but were too afraid to ask

Geraint Anderson, Cityboy


The Eurozone – a road to nowhere?

Laurens Vis, Chairman, KAS Bank

Tuesday, 4 July 2012

The Price of Fish

Michael Mainelli and Ian Harris


The Financial Services Club London

Winter 2011

Thursday, 08 September 2011

What is the future for Global Finance?

Dr Malcolm Cooper and Mark Yeandle, Z/Yen

A discussion of the key financial centres emerging, emerging and disappearing over the next decade.

Will London and New York still dominate, or will Shanghai takeover? And what will it mean to the UK

markets and particularly the London community?

This discussion focuses around the trends identified in Z/Yen’s five year research into global financial

centres through the production of the Global Financial Centres Index (GFCI). GCFI was first produced

by the Z/Yen Group in March 2007 following another research project into city competitiveness we

undertook in 2005. The aim of the GFCI is to examine the major financial centres globally in terms of

competitiveness and provides profiles, ratings and rankings for 75 financial centres drawing on two

separate sources of data – instrumental factors (external indices) and responses to an online survey.

The survey itself is produced every three months and is part of the Financial Centre Futures

programme in Long Finance.

Dr Malcolm Cooper is a historian by training, and holds a First Class

Bachelor of Arts in History from Dalhousie University, a Master of Arts

in History from the University of Western Ontario, and a Doctorate of

Philosophy in Modern History from Oxford University. He spent most

of his investment banking career in European emerging markets, his

last post being as Head of EMEA Equity Research for ABN-AMRO.

Malcolm commissioned and worked with Z/Yen on the Global

Financial Centres Index, and has since written several pieces on the

impact of the recession on financial services employment in the

UK. He is involved in both the London Accord and Long

Finance initiatives.

Mark Yeandle has spent most of his career in consumer goods

marketing in senior marketing management positions at companies

including Liberty, Mulberry, Sanderson and Carlton. During 2007,

Mark project managed the creation and publication of the Global

Financial Centres Index, as well as developing a role playing game

which demonstrates the politics of climate change negotiations. This

was written up as part of the London Accord. He was also the

project manager of a large research project into the use of

PropheZy – Z/Yen’s support vector machine for Best Execution

Compliance Automation – the output of which was published in The

Journal of Risk Finance as Best Execution Compliance Automation,

Towards An Equities Compliance Workstation and Best Execution

Compliance, New Techniques for Managing Compliance Risk.


Tuesday, 27 September 2011

Christophe Langlois, Founder & CEO, Visible-Banking.com

Being a successful bank through social engagement

Banks and insurers are all blogging, tweeting, facebooking and youtubing … or are they? Christophe

knows because he tracks the worlds financial firms and their success and f ailure at being social. In

this wide-ranging presentation, he will share the latest news.

Christophe Langlois is an active blogger, an experienced presenter,

advocate for Web 2.0, and is a regularly requested chairperson and

speaker at conferences. Back in 2007 he launched Visible-

Banking.com which quickly became the leading independent

blog 100% focused on social media in banking, financial services,

and insurance. Now VB is tracking over 2,000 initiatives (twitter,

facebook, youtube, blogs) in 60 countries. In 2008, Christophe

left his senior innovation role at Lloyds TSB to set up Visible

Media Ltd and focus on helping financial institutions worldwide

to better understand and leverage social media.


The Future of Global Transactions

Wilco Dado, Head of Global Payments, Global Transaction Services (GTS), Royal Bank of Scotland;

and Harry Newman, Director Banking Market Infrastructures at SWIFT

Everyone talks about Global Transactions these days, but what does it mean and where is this going?

Is it just about payments, or more than payments? Does this just mean servicing banks that are the

largest volume SWIFT processors, or more?

As a follow-on from SIBOS and for those who could not make Toronto, this meeting will focus upon

the future of Global Transactions, and will be led by Wilco Dado.

Wilco Dado manages global payment services and cash management for

corporate and institutional clients for the RBS Group. In this role, his aim is

to further develop and execute an integrated payments strategy bringing

together the key challenges of payments and collections and to develop

products, with a key focus on SEPA. He was previously Head of Global

Transaction Services in the Netherlands for ABN AMRO.


What is the UK regulatory regime?

Margaret Cole, Interim Managing Director, the Financial Services Authority (FSA)

The FSA was recently split into the Financial Conduct Authority (FCA) and Prudential Regulatory

Authority (PRA) under governmental changes that bring the regulator under the management of the

Bank of England. But what is the UK regulatory drive focused upon these days, and is the FCA and


PRA any different to the FSA? The changes come into effect from 2013, but what happens in the

meantime?

To answer these questions Margaret Cole, Interim

Managing Director for the Conduct Business Unit at

the FSA will talk us through the key developments in

the UK regulatory regime.

Margaret Cole is a graduate in Law from New Hall,

Cambridge and is a solicitor with over 20 years'

experience in private practice. From 1990 to 1995

Margaret was a Partner with Stephenson Harwood,

where she was responsible for the recovery actions in

relation to the Maxwell Pension Funds on behalf of the

Pension Funds Trustee. In 1995 she joined the London Office of international law firm White & Case

to found and head its Dispute Resolution Department to later join the FSA in July 2005 as Director of

Enforcement. In 2009 Margaret took over responsibility for the FSA’s Financial Crime Division which

merged with the Enforcement Division. In 2010 she joined the FSA’s Board as Managing Director,

Enforcement and Financial Crime. In April 2011 she assumed Interim responsibility for the new

Conduct Business Unit which will form the core of the new Financial Conduct Authority.

Wednesday, 02 November 2011

Dark Pools and HFT: Good or Bad?

Dr Kay Swinburne, MEP

UK Conservative Spokesman - Economic and Monetary Affairs

Kay Swinburne has been instrumental in moulding the principles of

the revisions to the next generation of investment markets

regulations, thanks to her report – “The regulation of trading in

financial instruments: dark pools etc” – from summer 2010. The

revised version of the paper was adopted by the European

Parliament’s Committee on Economic and Monetary Affairs

(ECON) on 9th

November 2010, and means that all broker dark

pools are reclassified as multilateral trading facilities (MTFs) or

systematic internalisers (SIs), and that dark executions should be

subject to size restrictions.

Looking at MiFID II and beyond, are such changes to dark pools

and regulations restricting High Frequency Trading a good or a bad

thing? To find out, we’ve asked Kay to tell us her current thinking.

Kay was elected as the Conservative MEP for Wales in June 2009. This saw the Conservative Party

top the elections for the first time in Wales in modern history. A successful career in investment

banking has equipped her with in-depth knowledge of the global financial markets. This, combined

with her experience advising businesses in Europe and the US, has led to her appointment on the

Economics and Monetary Affairs Committee in the European Parliament.


At present, Kay is deeply concerned about how quickly the European Union is responding to financial

service regulation without having properly looked at the impacts of what it is doing. She believes

that the EU should work within a global framework as the crisis that we are facing is global;

therefore it needs to work with the United States and so a global co-ordinated strategy needs to be

implemented that is in line with the agenda of the G20.


Keynote Dinner

Brian Hartzer, Chief Executive Officer for UK Retail Banking, Wealth Management & Ulster Bank

for the Royal Bank of Scotland Group

Brian Hartzer joined RBS from ANZ to help change the banks

image. The ‘helpful banking’ and Customer Charter

campaigns of NatWest and RBS have been part of the result,

but these marketing lines mean far more than just an

advertising campaign as they strike right to the heart of the

culture of the retail bank. Brian has been leading that change,

along with his management team, and to provide an insight

into how to turnaround the ship, Brian will share his insights

with the Financial Services Club over dinner.

A Princeton graduate, Brian Hartzer joined ANZ in 1999 to run

their Consumer Finance business (credit cards, merchant

services and personal loans) until 2004. He then took over the

full Retail bank portfolio (including SME and Wealth), and in

2008 added the role of Chief Executive Australia for all ANZ

business lines, as well as Global Segment Lead for Retail and

Wealth. Before joining ANZ, Brian was a financial services

consultant in New York, San Francisco and Melbourne for 10

years. Brian is responsible for the UK Retail, Wealth and Ulster

Bank divisions within the Royal Bank of Scotland Group

(RBSG).

Brian Hartzer is a joint US and Australian citizen and is married with 4 young children.


Not just an Earthquake, but a Tsunami too: a real test of Disaster Recovery

Mitsuo Miwa, Chief Representative, London at Tokyo Stock Exchange

In spring 2011, Japan suffered one of the worst disasters ever experienced, when the island was hit

by a devastating earthquake immediately followed by a terrible tsunami that wiped out significant

areas of the country and caused a nuclear leak in the Fukushima power plant that has never been

seen before. It was the most powerful known earthquake ever to have hit Japan, and one of the five

most powerful earthquakes in the world ever recorded.

The magnitude 9.0 earthquake hit Japan ten minutes before the end of trading on Friday 11th

March

2011 and Tokyo, just over 200 miles from its epicentre, was severely affected. In fact, Tokyo was


brought to a standstill as trains were paralysed, mobile networks were crippled and hordes of

commuters were stranded whilst others were left trapped in elevators.

The Tokyo Stock Exchange (TSE) managed to stay open until the closing bell on 11th

March and, on

Sunday afternoon and much to everyone’s surprise, announced that no infrastructure had been

affected and that it would open as normal the following morning.

How did the Exchange cope with all of these issues, and how come it was one of the few businesses

to carry on as normal amongst such devastation all around them? Mitsuo Miwa, the Tokyo Stock

Exchange’s Chief Representative in London, will share this fascinating story with us.

Monday, 12 December 2011

A Christmas Celebration of Comic Consulting for Children in Crisis

Julia Streets

Julia Streets is an experienced compere and

comedienne. In addition to her day job (which

apparently she’s very good at because people tell her

she shouldn’t give it up) as Founder and Director of

Streets Consulting, Julia writes her own brand of

material, based on observations of corporate life

drawn from years spent earning her pinstripes in and

around the City.

Julia’s material draws from business presentations,

brainstorming sessions, and colleagues with

superiority complexes. She tackles questions we really

want answered such as: How do you protect yourself

from identity fraud? And others we never knew we wanted to ask: What’s a girl to do when speed

dating isn’t fast enough? Could evening classes lead to a whole new career? Critical issues captured

in anecdotes and songs and designed to appeal to anyone who has ever shared a printer, gossip or

coffee shop queue.

Julia has performed at the Edinburgh Fringe and Henley-on-Thames Fringe Festivals, Sevenoaks

Summer Festival and her London events have always sold out. Julia will be performing her show

‘Streets in the City’ at the Financial Services Club as a Christmas celebration, with £10 of every

attendee’s registration being given to her chosen charity, ‘Children in Crisis’.


An update on EU financial services legislation and associated initiatives

Dr. David Doyle, EU Policy Advisor on Financial Markets

David spoke at the Club a year ago, and gave an in-depth analysis of the progress of MiFID and SEPA,

as someone who is on the inside track with Brussels. In a return presentation, David will update us

on the most pressing developments in Financial Markets regulation coming up in the near future, in

particular the Capital Requirements Directive.


David is known across Europe as a leading expert on EU financial market regulation. A former

diplomat with over 20 years of service on mainland Europe and now acts as an EU Policy Advisor

between Brussels, London and Paris, specialising in EU Financial Services. He is a member of the

Executive Board of the joint MEP-EU industry “The Kangaroo Group” at the European Parliament,

the Board of Directors of the Genesis Initiative at Westminster, and sits on the Transatlantic Business

Dialogue Taskforce on Capital Markets and the Corporation of London EU Regulatory Working

Group.

Wednesday, 25 January 2012

Alternative and virtual currencies: the way of Bitcoin

Donald Norman, Co-founder, Bitcoin Consultancy

New payment schemes are trying to enable peer-to-peer money

transfers, dis-intermediating the banks. Money is no longer

seen as the sole representation of value. New alternative

currencies are being created. Facebook credits are now used by

more than 250 million people. New payments schemes are

being proposed at the infrastructure level of the internet.

Currency is open-sourced. How can we create new systems of

wealth generation and abundance? What does the future hold

for banks and other financial institutions in the wake of massive

peer-to-peer exchange? How do we (re)define the role of banks

in this fast moving eco-system of new value providers?

Donald Norman is the co-Founder of the Bitcoin Consultancy. The group works on software

development for core Bitcoin code. Donald has appeared as an advocate of Bitcoin in Reuters,

Newsweek, WSJ (SmartMoney), The Independent, CNBC and others.


"Is SEPA happening and does it matter?"

A panel discussion with:

• Gilbert Lichter, CEO, EBA

• Ruth Wandhofer, Head of Market Policy and Strategy, EMEA, Global Transaction Services,

Citi

• Jose Beltran, Director of SEPA, STET

• Simon Bailey, Director, Logica

• Johnny Brit, former Chairman, Xenophobank

Started in 2002, in response to the Lisbon Agenda and Regulations on fees for cross-border cash

withdrawals, the Single Euro Payment Area (SEPA) has been in the planning for a long time. In fact,

it has been discussed for so long by so many that, for a lot of people, it’s become as dull as

dishwater. This view may be wrong though as, after seven years of gestation, SEPA Direct Debits

(SDDs) were finally born in November 2009 and the Payment Services Directive (PSD), which legally

supports SDDs, was transposed and implemented in most European countries. So all is good is it

not? Or maybe it is not as discovered in the annual European Payments survey of the Financial

Services Club. What is the truth? Is SEPA here? Even if it is, does it actually matter? To find out the


truth, the Financial Services Club has gathered some of Europe’s most preeminent commentators

and activists in the SEPA discussion to provide insight and understanding.

Wednesday, 08 February 2012 James Moed, Financial Service Design Lead, IDEO Europe

Designing the bank of the future: How innovation with a human touch is redefining financial

services

IDEO study human behaviours and help banks design products to meet their needs. It’s a totally

different way of looking at product design that starts from the human perspective, rather than the

technology. The result is that bank product designers find out

how customers use electricity metres as budgeting devices and

see spare change as a savings tool rather than as round-up

purchasing.

Designing such services with banks as diverse as Bank of

America to PNC to State Farm, James Moed will take us through

some of the real cutting edge designs for the bank of the future.

James leads design teams to develop new products, services,

and business models. He works with clients to develop insights

and solutions that are both actionable for their organisations

and compelling for their customers. By focusing on people, not

just categories, James helps clients reframe their approach to

the market.

Wednesday, 20 February 2012

Steering a financial firm through a crisis: lessons learnt

Charles Thomson, CEO, Equitable Life 2001-2009 and previously Scottish Widows

Charles Thomson became Chief Executive of Equitable Life in

March 2001 when the mutual was close to collapsing. He has been

key to creating stability which, at its peak, was a £26 billion

business with 1.5 million policyholders. Equitable fell dramatically

from grace after being unable to pay guaranteed annuities and

was forced to close to new business in December 2000, resulting in

up a million policyholders losing up to half of their savings. Since

Charles took over, he has successfully lobbied for compensation to

be paid by the government for losses, and sold key parts of the

business to Canada Life and the Prudential. Having achieved his

goals of stabilising the business, he left in 2009 and now runs his

own advisory firm.

Charles is the perfect person to advise us on how to steer a

financial firm through a crisis.


Wednesday, 29 February 2012 Launch of the Clearing & Settlement Working Group (CAS-WG)

The Financial Services Club is launching the first meeting of the Clearing & Settlement Working

Group (CAS-WG). The meeting will consist of a debate amongst four industry panels covering:

• Volker/Vickers/MiFID II and impacts on post-trade operations and IT, particularly with regard

to OTC Derivatives and Clearing

• T2S – problems of change and implementation for settlement

• Giovannini Group Recommendations, Innovation & Technology – what progress has been

made?

• Standards in Post-trade operations

Speakers on the panels include EuroCCP, Clearstream, FIX Protocol, the FSA, the European

Commission and more. The final agenda will be confirmed nearer the date.

The aim of the CAS-WG is to debate and discuss all aspects of clearing and settlement infrastructures

and processes. The organisation and operation will be similar to the MiFID Joint Working Group and

its Subject Groups that operated in the build-up to the implementation of the Markets in Financial

Instruments Directive (MiFID), with the intention of bringing together the top industry standards

bodies, trade associations, infrastructures, investment firms and companies involved in Clearing and

Settlement.

The CAS-WG will provide an opportunity for open discussion and debate amongst senior market

practitioners and service providers on issues affecting Clearing and Settlement.

More importantly, the aim is to create multiple specialist groups that will work on specific areas of

interest – standards, technologies, reference data, custodial services, etc – between each of the

main plenary meetings of the CAS-WG.

The subject groups and their subject headings will be determined at this inaugural meeting on 29th

February. Anyone who wishes to propose a group, lead a group or be a member of one of the

groups can volunteer their participation and input at the inaugural meeting.

The subject groups will be facilitated through support from the Realisation Group and any

organisation that wishes to be involved can propose their support before, during or after the

inaugural meeting.

We believe that these subject groups are particularly important today as Clearing & Settlement, and

in particular Clearing, will be massively impacted by new regulations being drafted and implemented

across the world such as Basel III, Dodd-Frank, the Vickers Report and the MiFID II.

The aim of the subject groups is to provide specific input to the regulatory bodies – including the

FSA, its successor bodies the PRA and CBA, and Michel Barnier’s team in the European Commission –

on the business and technology implications of implementing the regulations in draft and final form,

with the intention of ensuring these regulations are practical, appropriate and effective.


The output of the subject groups therefore will be actions that are clearly practical about the details

of the impact of new regulatory developments upon clearing and settlement operations,

infrastructures, standards and technologies.

The CAS-WG is being launched by the Financial Services Club, in partnership with the Realization

Group and first sponsor BT and, after the meeting on 29th February, we expect to have quarterly

plenary meetings thereafter to update members on the sub-group activities.

There will also be regular subject group meetings, the number of which will be dependent upon the

outcome of the first meeting.

Tuesday, 06 March 2012

The Future of Cash – is there one?

A debate between Adam Lawrence, Chief Executive of the Royal Mint and John Howells, CEO of

the LINK Network in favour, versus David Birch, Director, Consult Hyperion and Francesco Burrelli,

Principal with Value Partners against

For years, we’ve tried to replace cash with cards. Now we’re tryihng to replace cash with phones.

Can cash ever actually be replaced? After all, cash in circulation is increasing year on year and cash

is still the only truly trusted, real-time value exchange that exists in any economy. So what is the

future of cash … or rather, for some, is there a future for cash? In this stimulating debate, the anti-

cash movement meets the cash fundamentalists in an evening where some sparks are sure to fly.

Adam Lawrence

Adam Lawrence was appointed Chief Executive on 1 January 2011.

Adam is an experienced Executive. He began his professional career

as a Chartered Accountant with Price Waterhouse. Since 1995, he

held a number of senior positions with Catalent Pharmaceuticals for

businesses located across Asia Pacific, Europe and the US. He was

Vice President Finance for the Sterile Technologies division before

leaving in 2008 to join the Royal Mint as Director of Finance.

Adam was appointed as Chief Operating Officer in May 2010 and

holds an MBA from Monash Mt Eliza Business School.

John Howells

John Howells became CEO of the LINK network in June 2011. He

was previously a Director of Ernst & Young’s Financial Services

business and Head of Benefits and Pensions Consulting at

Capgemini where he specialised in the design and implementation

of strategic change for major public and private sector

organisations.


David Birch

David Birch is a Director of Consult Hyperion, the IT management

consultancy that specialises in electronic transactions, where he

provides specialist consultancy support to clients around the

world. Before helping to found Consult Hyperion in 1986, he

spent several years working as a consultant in Europe, the Far

East and North America. He graduated from the University of

Southampton with a B.Sc (Hons.) in Physics.

Francesco Burrelli

Francesco has over 15 years experience in consulting and banking with

a focus on cards, payments and transaction banking with a

specialisation in strategy, M&A, innovation, new product development

and performance improvement. His experience spans from small

regional banks in continental Europe to major international institutions

including payment schemes and processors on global basis.

Before joining Value Partners in London, Francesco was a Director with

the Payments Team of Deloitte LLP, Head of Cards and Payments at

A.T.Kearney FIG UK and before that he led the European Cards and

Retail Payments practice at Capco.

Wednesday, 21 March 2012

Keynote Dinner: The future of SWIFT

Lázaro Campos, Chief Executive, SWIFT

SWIFT has survived the financial crisis, albeit with a contraction

in volumes of messages that challenged the network and

infrastructure to rethink its approach, organisation and strategy.

Now, SWIFT is gearing up for its next phase of growth but how

will it achieve such growth and who are its challengers? In this

keynote, CEO Lázaro Campos will take us through his vision of

SWIFT for the next decade. Lázaro succeeded Lenny Schrank as

CEO of SWIFT in April 2007 having joined SWIFT in 1987. He has

served in many roles through his tenure with the organisation,

including Head of Marketing where he led the SWIFT strategy

initiative in the 2000s and, prior to his appointment as CEO, was

Head of the Banking Industry Division.




Charles Middleton, Managing Director, Triodos Bank UK, and Laurie Spengler, President and CEO

of ShoreBank International

Charles Middleton joined Triodos Bank in 2003 as Managing

Director of the UK business, bringing with him 21 years’

banking experience. Since joining Triodos Charles’ leadership

has helped generate significant growth in the core business of

mobilising depositors’savings to support a range of social and

environmental projects, growing lending from around £60m to

more than £250m. Charles has also helped Triodos to bring

other types of finance to the UK market, such as capital raising

for fair trade coffee brand, Cafedirect, and launching Triodos

Renewables, which has pioneered an increasing number of

investment opportunities in the growing UK renewable energy

sector.

Laurie Spengler has over 20 years of experience as a strategy

and transaction services professional. Her interests are focused

on supply and demand-side solutions to extend access to capital

to individuals, small businesses and low income households

through the delivery of financial resources, business solutions

and professional support.

Thursday, 19 April 2012

Keynote Dinner

The future of investing and getting the right returns

Elizabeth Corley, Chief Executive, Allianz Global Investors

Elizabeth Corley is Chief Executive Officer of Allianz Global

Investors. She joined the company in April 2005 and in October

2005. Prior to joining Allianz, Elizabeth spent eleven years working

at Merrill Lynch Investment Managers. She became Managing

Director and Head of the EMEA Asia Pacific Mutual Fund Business as

well as Member of various Boards including MLIM UK Ltd. and

Merrill Lynch International Investment Funds. Before this, Elizabeth

was a partner with Coopers & Lybrand and prior to that worked for

the Life & Pensions industry.

Elizabeth is a Fellow of the Chartered Insurance Institute (UK), the Chartered Institute of Marketing

and also holds a Post Graduate Diploma in Management Studies. She was named Personality of the

Year in 2006 by Funds Europe and Most Influential Woman in Asset Management in 2009 by

Financial News. From March 2006 until the end of June 2007, she was Chairwoman of FEAM (Forum

of European Asset Managers); in September 2010 she was appointed Chairwoman for a second


term. Elizabeth is also a board member of TheCityUK Ltd and a member of the City of London

International Regulatory Strategy Group. Starting in April 2011 she serves as non executive director

on the Financial Reporting Council, the UK’s independent regulator responsible for promoting high

quality corporate governance and reporting to foster investment. Elizabeth is a fellow of the Royal

Society of Arts. She is also an acclaimed writer and has had four thriller novels published.

Wednesday, 25 April 2012

The changing relationship between banks and their corporate clients

Carole Berndt, Head of Global Treasury Solutions, EMEA, Bank of America

Bank of America is known as an innovator in their domestic

markets but what does this mean for the international

corporate client? Carole Berndt will tell all in this key

session for transaction banking professionals.

Carole Berndt is the head of global treasury solutions for

Europe, the Middle East and Africa (EMEA), for which

regions she is in charge of the end-to-end product, business,

technology and operations and client sales management

strategy for treasury business. Previously, Berndt led the

client delivery team for Citigroup in New York, with global

responsibility for end-to-end delivery of implementation,

service and client technology for its global treasury products

portfolio.


Government and banks: a relationship that has changed

Mark Hoban MP, Financial Secretary to the Treasury

Mark Hoban was appointed Financial Secretary to the Treasury in May 2010, after being the Shadow

Financial Secretary to the Treasury since December 2005.

Mark was appointed the Shadow Financial Secretary to the

Treasury in December 2005. Between November 2003 and

December 2005 he was Shadow Minister for Schools. Prior to

November 2003, he was an Opposition Whip. Between 2001

and 2003 Mark was a member of the Select Committee on

Science and Technology.

Mark was born in 1964. He married his wife, Fiona, in 1994

and they live in Locks Heath. Mark was born and brought up in

the North East of England, where he attended a

comprehensive school in Durham. He has an economics

degree from the London School of Economics. After

graduating he qualified as a Chartered Accountant, and went

on to work for PricewaterhouseCoopers between 1985 and

2001. Mark has been the MP for Fareham since June 2001.



Keynote Dinner

Creating a stable financial system

Andy Haldane, Executive Director, Financial Stability, Bank of England

Andy Haldane is Executive Director for Financial Stability.

Andy has responsibility for developing Bank policy on

financial stability issues and the management of the

Financial Stability Area. He is a member of the newly

established Interim Financial Policy Committee as well as

several senior management committees of the Bank. He is

also a member of the Basel Committee.

Andy joined the Bank in 1989. In previous roles he has

headed the Bank’s work on risk assessment, market

infrastructure and on international finance. Prior to that he

worked on various issues regarding monetary policy

strategy, inflation targeting and central bank independence.

Andy has written extensively on domestic and international monetary and financial stability,

authoring around 100 articles and three books. He is the co-founder of a charity 'Pro Bono

Economics', which aims to broker economists into projects in the charitable sector.


Greed and Corruption in the City – does it really exist?

Nick Kochan and Ian Fraser

The media has a regular debate about greed and corruption in the City of London. With insider

trading cases rife; the FSA clamping down; whistleblowers appearing by the minute; and a Bribery

Act that is meant to strike the fear of God in all those engaged in such activities; 2012 has seen such

practices becoming rarer and harder to practice than ever before. Or has it? Two leading

commentators on the financial markets take a microscopic view of greed and corruption in the City

and determined if it really does exist and, if so, in what form.

Nick Kochan is one of the UK's leading authorities on white-collar crime, on

corruption, and on market abuse. He has been observing and commenting on

abuse of the financial markets and institutions for over 20 years and is the author

of many books about white-collar crime. His latest book, Corruption, explores the

risks, remedies and responses to corruption and bribery in corporations, and

provides unique insight into law enforcement's thinking and practices in dealing

with suspected events.


Ian Fraser is a journalist, blogger and broadcaster on all aspects of

business, finance, politics and economics. His articles appear

regularly in the Financial Times, BBC News, The Sunday Times, The

Herald/Sunday Herald, Thomson Reuters and Dow Jones. Since

March 2009, Ian has been researching and helping to produce

documentary programs about the banking and financial crisis for

the BBC. These have included RBS: Inside The Bank That Ran Out of

Money, shown on BBC2 in December 2011. Ian is also a consulting

editor and blogger on Bloomsbury Publishing PLC’s QFinance

project, and an associate lecturer at the University of Stirling.

Wednesday, 20 June 2012

Everything you wanted to know about the City … but were too afraid to ask

Geraint Anderson, Cityboy

Geraint Anderson is the bestselling author of Cityboy, which sold over 200,000 copies, after a

successful career working for varous banks in the City. Geraint will tell us the inside track on how

investmenb banking really works and attendees will also receive a copy of his latest masterpiece:

Payback Time.

Payback Time tells the story of Cityboy Steve Jones, who is outraged when Bridget is found dead

after being fired by her bank. Everyone thinks she committed suicide, but Steve does not and so he

and five City workmates decide to take revenge. They hatch an ingenious plan to sabotage her firm

and succeed in bringing it to its knees. After wildly celebrating their success, Bridget's boyfriend

Fergus insists they take down a much more prominent bank. But soon the gang are being targeted

by the police and financial regulators. There must be a rat in their midst but, if so, who? Steve

investigates and digging deeper realises he could be on the trail of a murderer. Suddenly there's a

distinct possibility that an even bigger revenge is being planned and this time the pay back is heading

in his direction...

Geraint Anderson began his career as a utilities analyst,

composing models of publicly listed companies. In 1997 he

moved to Société Générale, and in 1999 to Commerzbank. In

2000, Anderson joined Dresdner Kleinwort and was named top

stock-picker two years running, appointed joint team leader of

the utilities research team, and the team became number two

in the utilities sector with Anderson personally judged the

fourth highest-ranked analyst (out of around 100)

Anderson started writing his City Boy column in the third

quarter of 2006 for thelondonpaper, which became a popular

piece with some readers of the newly launched free newspaper.

On 18 June 2008, it was revealed that Anderson was the

columnist City Boy of thelondonpaper and the following week

he published his first book: Cityboy: Beer And Loathing In The

Square Mile.



The Eurozone – a road to nowhere?

Laurens Vis, Managing Director, KAS BANK

You may not know Laurens Vis yet, but you will certainly remember him. A Dutchman with a strong

command of humour and wit, he will engage us in a clear view of where and what is happening in

the Eurozone for the future and whether it really is leading somewhere or nowhere.

Laurens Vis is the Managing Director of KAS BANK UK, an

independent European specialist in securities services. In

addition to steering KAS BANK’s strategy in the UK market,

Laurens holds overall responsibility for UK sales and

acquisition, relationship management, and product and

market development. During his distinguished 26-year

career at KAS BANK, Laurens has held a number of

director-level positions.

Laurens holds a doctorate in Economics from the

University of Amsterdam, and is a former member of both

the Euronext User Steering Committee and the

International Society of Securities Administrators (ISSA).

Tuesday, 4 July 2012

The Price of Fish

Michael Mainelli and Ian Harris

Professor Michael Mainelli and Ian Harris are regular guests of the Financial Services Club, and are

invited back to close this season with an engaging discussion about the Price of Fish.

In their new book, The Price of Fish, Michael and Ian examine the world’s problems and suggest that

it is not the circumstances that are too complex, but our way of reading them that is too simple. Too

simple and often wrong. Looking to the models developed by quantum physicists, they blend four

streams of thinking around choice, economics, systems and evolution, in a combination they believe

is the key to making better decisions and, in turn, finding answers to the world’s most wicked

problems.

Michael Mainelli co-founded Z/Yen, the City of London’s leading

commercial think-tank, in 1994 to promote societal advance through

better finance and technology. He is Professor Emeritus of Commerce

and a Fellow at Gresham College, Visiting Professor at the London School

of Economics Department of Management Information Systems &

Innovation Group, a non-executive Director of the United Kingdom

Accreditation Service - the UK’s sole accreditation body for certification,

testing, inspection and calibration services, a non-executive Director

of Sirius Exploration Plc - a mining company, a Trustee of Ocean

Alliance & The Whale Conservation Institute in Massachusetts & The


International Fund For Animal Welfare, on the editorial board of the Journal of Strategic Change as

well as the Journal of Business Strategy and on numerous advisory boards.

Ian Harris is a Director of Z/Yen which he co-founded in 1994. At

Z/Yen, Ian specialises in strategic planning and systematic

performance improvement in both the not-for-profit sector (which

he leads) and also commercial sectors. Prior to Z/Yen, Ian led Binder

Hamlyn's management consultancy's financial management systems

work. Ian is a regular contributor of articles and pieces for the

business and not-for-profit press. He is co-author, together with

Michael Mainelli, of the practical book "IT for the Not-for-Profit

Sector" and the best-selling novel "Clean Business Cuisine".


July ??

Hans Tesselaar, executive director of BIAN

BIAN, the Banking Industry Architecture Network? It’s an independent, not-for-profit organisation

which collaborates with its members (banks, IT vendors, SIs) on open standards, service-oriented

architecture (SOA). The community is really gathering momentum and added IBM to its Board this

year. A stat we often quote is that software integration costs triple the cost of the software itself – it

is this cost which BIAN is aiming to cut, through open standards.

Its 30+ members* include ING Bank, SWIFT, Credit Suisse, Deutsche Bank, IBM, Microsoft, Sungard…

its pretty powerful Board includes: Steve Van Wyk (Chief Information Officer ING Bank), Dr. Thomas

Mangel (Member of the Board, Postbank Systems AG), David Vander (Worldwide Sales Excellence

Lead, Microsoft Corp.), Harold Finders (CEO, SunGard Financial Systems), Don Trotta (Global Head of

Financial Services Industry, SAP AG) and Chae An (Vice President Financial Services Solutions IBM

Software Group).

the fsclub season events outline 2011 2012

Documents

future of financial

financial services clubhas

chief executive officer

chief economist

chief representative

chief scientist

financial marketswednesday

financial firm