Program 4th IFC – EURO FINANCE WEEK Conference Risks and Opportunities in Financing Sustainable Development November 20, 2012 Congress Center Messe Frankfurt Frankfurt am Main, Germany For further information please scan QR code with your smartphone Ladies and Gentlemen, Especially in difficult times, it is important that experts from different areas and from various countries can share information. For the 15th time now, the Euro Finance Week, a significant meeting of the finance and insurance industry, offers exactly this opportunity for exchange. At numerous events and discussions on current topics, international specialists can discuss experiences and possible risks, thereby bundling their competencies. This year, the IFC Conference, which takes place during the Euro Finance Week, has put a special emphasis on »Risks and Opportunities in Financing Sustainable Development«. Particularly in the financial sector, sustainability has become more important than ever; only through responsible management can we achieve and ensure lasting prosperity. I am very happy that once again this year, experts from all over Europe are coming together in Frankfurt. Frankfurt is not only the leading finance center in Germany, but because of its location and its infrastructure, it plays a significant role throughout Europe. Hessen’s European face and the great importance that Europe has for the Hessian state government is especially evident in the city of Frankfurt. I wish the organizers much success and all participants interesting discussions and an active exchange of information and experiences. Volker Bouffier Minister President of the State of Hessen Wiesbaden, Germany Ladies and Gentlemen, The financial crisis captures headlines about its impact on European economies. However, it is also robbing the developing world of financing and is lowering once strong growth forecasts. Investment in emerging markets has plunged since the crisis struck in 2008, and funding for development assistance is showing a similar trend. This comes at a crucial time of growing populations, unstable commodity supplies and prices, and increasing degradation of our natural environment. International finance institutions must and are ready to take action to address these problems. Our financing of the private sector in emerging markets has quadrupled in a decade, to over $ 40 billion a year. We are also trailblazers, showing the way with capital and expertise in risky environments, so every dollar we invest stimulates much more from commercial sources. IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In FY12, our investments reached an all-time high of more than $ 20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. At the IFC conference at EURO FINANCE WEEK, under the theme of »Risks and Opportunities in Financing Sustainable Development«, we will examine two elements of the complex world of emerging market finance: how to manage environmental and social risks, and how to tap into the huge market of women entrepreneurs. I am sure that this will contribute to increased understanding of emerging markets and help us work together to strengthen the global economy. As in years past, I would like to thank the State of Hessen for its strong support for IFC’s work and for hosting this event. Please join me in a half day of insights from financial experts on how you can take advantage of opportunities in developing countries while having a positive impact on our world. Imoni Akpofure Director, Western Europe, IFC, Paris, France 4th IFC – EURO FINANCE WEEK Conference Risks and Opportunities in Financing Sustainable Development The global economy remains fragile, with uneven growth and financial uncertainty. Climate change, environmental degradation and resource scarcity have become global problems, and booming populations are demanding jobs and services. Strained governments are finding it hard to keep up, so the private sector is stepping in. Where some see problems, innovative companies see opportunities, and their investments in emerging markets are complementing traditional development assistance and government spending as engines of economic development. Their partners are often equally forward looking financial institutions, be they international or local banks, private equity groups, or institutional investors. These institutions confront a number of challenges while taking advantage of new opportunities. IFC and other international financial institutions are there to share their experience and mitigate risk, while steering their partners toward investments that will be both profitable and equitable. In this conference we will examine two elements of the complex world of emerging market finance: how to manage environmental and social risks, and how to tap into the huge market of women entrepreneurs. 9:00 a.m. 10:00 a.m. R eg is t ra t ion Welco m e Dr Thomas Schäfer ❘ Hessian Minister of Finance, Wiesbaden, Germany Op en in g A d d res s »Managing Risks and Realizing Opportunities in Emerging Markets through Partnerships« Snezana Stoiljkovic 10:30 a.m. ❘ Vice President, Business Advisory Services, IFC, Washington D.C., USA Key n o t e A d d res s »Shared Experiences and Innovative Solutions in Emerging Market Investment« Dr Ulrich Schröder ❘ Chief Executive Officer, KfW Bankengruppe, Frankfurt am Main, Germany Status 13 09 2012 11:00 a.m. Panel Discussion I Managing Environmental and Social Risks at Financial Institutions Financial institutions (FIs) are increasingly discovering that they must manage the environmental and social risks related to their creditors or investments as much as their balance sheets. Not to do so can destroy their reputations and lead to loss of clients and revenue or legal liabilities. The savvy realize that risks present opportunities and are offering innovative products and differentiating themselves from their competitors. Others want to do well by doing good. The trend is spreading from banks to private equity firms and investment funds, and from North to South. In fact, emerging market institutions are sometimes the most innovative, since they work in the riskiest markets. So what are the standards FIs should measure themselves against? How can they mitigate environmental and social risks and even profit from them? And how can their financial agents or intermediaries in emerging markets follow suit? Dumas Damas Ireton Johnson Roberto Dumas Damas Karin Ireton 1:15 p.m. Akpofure ❘ Head, Environment & Social Risk Assessment, Itaú BBA, São Paulo, Brazil ❘ Head of Sustainability Management, Standard Bank Group, Johannesburg, ❘ ❘ Leo Johnson Houda Sbihi Moderator Imoni Akpofure 12:15 p.m. Sbihi South Africa Partner, PwC and Co-founder, Sustainable Finance, London, UK Group Secretary General, BMCE Bank, Casablanca, Morocco ❘ Director, Western Europe, IFC, Paris, France L u n c h B re a k Panel Discussion II Financing Women’s Entrepreneurship The numbers speak for themselves – women own around 35 percent of small and medium enterprises in developing countries, make up about 40 percent of the global workforce, and spend the bulk of households‘ disposable income. They also contribute effectively to their societies by reinvesting earnings in health, education, and family. However women face many barriers to doing business, including access to finance, with less than 10% being able to get bank loans. Women owned businesses have estimated unmet financial needs of between $ 260-320 billion dollars. This represents an opportunity for financial institutions, which should target this vast untapped and deserving market. For women are generally good credit risks, with high savings and low default rates. So what is the business case for offering financial products designed for women? What are successful examples and models? And how can IFC and similar institutions help? Adesola George Iskenderian Bola Adesola Moussallem Stein ❘ Chief Executive Officer, Standard Chartered Bank Nigeria Limited, Lagos, Nigeria Olubukunola Adewunmi (Bukky) George ❘ Managing Director & CEO, Health Plus Limited and CasaBella Mary Ellen Iskenderian Tania Moussallem ❘ President and CEO, Women’s World Banking, New York, USA ❘ Head of Strategic Development and Financial Management Group, International, Lagos, Nigeria Assistant General Manager, BLC Bank, Beirut, Lebanon Moderator Peer Stein 2:30 p.m. ❘ Director, Access to Finance Advisory, IFC, Washington D.C., USA E n d o f C o n f e re n c e Individual Meetings 2:30 – 3:30 p.m. Please sign up at IFC-booth Status 23 10 2012 An lag e enh eim er L and str. Sencke nberga nlage Bo ck imer Bockenhe raß hst Ho c Alte Oper e Frankfurt am Main Eb er t- er inz Ma Congress Center Messe Frankfurt Ludwig-Erhard-Anlage 1 llu Ga An lag e e aß str nd La tr. rS ze ain ich - M ue Ne Fri ed r U4 e lag an us un Ta l Willy-BrandtPlatz ge nla sa ain ka i Un te rm Baseler Straße Hauptbahnhof Gu tle ut st ra ß e Ta e aß str us un M AI N ink ma au h Sc ai 4th IFC – EURO FINANCE WEEK Conference General Information www.eurofinanceweek.com/ifc Date November 20, 2012 · 9.00 a.m. – 2.30 p.m. Lo ca t ion Congress Center Messe Frankfurt Ludwig-Erhard-Anlage 1 60327 Frankfurt am Main Germany C on f eren ce Lan gu a ge English A d m is s io n & R eg is t ra tio n Participation is upon personal invitation only and free of charge. To officially register for the 4th IFC – EURO FINANCE WEEK Conference please complete and return the enclosed fax reply or register online at www.eurofinanceweek.com/ifc. The number of participants is limited. 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