2007, 30th ADFIAP Annual Conference in Hanoi Vietnam
The 30th ADFIAP Annual Meetings hosted by Bank for Investment and Development of Vietnam (BIDV) will be held at the Melia Hanoi Hotel, Hanoi, Vietnam, May 9 to 12, 2007.
Message from the Chairman
On behalf of the ADFIAP Board, I wish to invite all members and partners to join us from May 9-12, 2007 for the 30th Annual Meetings of the Association.
I am delighted that ADFIAP’s 30th year anniversary will be held in Hanoi and thankful for the Bank for Investment and Development of Vietnam for hosting us there to coincide with their own golden year anniversary.
This year’s conference theme, “DFIs: Measuring up to International Standards and Best Practices” is indeed very timely and relevant now that a new development finance architecture is shaping up globally. I am thus grateful to the speakers and resource persons who will provide their time and knowledge on the topics at hand during the Annual Conference.
The May gathering promises to be more exciting than ever with new and enhanced events waiting for the delegates. There is the General Assembly Meeting where members as stakeholders are briefed on the current and new Association initiatives as well as voice their inputs and insights to improve the Association governance process; the ADFIAP Annual Awards night where the members’ outstanding projects and people are honored; the new Delegate-Meets-Delegate event for business networking; and the Fellowship Day tour in a more relaxed environment to savor Vietnamese hospitality and culture.
I therefore look forward to your attendance and personally meeting you in Hanoi!
AMBASSADOR JESUS P. TAMBUNTING
Chairman, ADFIAP
Chairman & Chief Executive Officer
Planters Development Bank
Message from the BIDV General Director
“Xin chào” and welcome to the Hidden Charm of Vietnam!
I personally warmly welcome all delegates to Hanoi attending the 30th Annual Meeting of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). BIDV has previously hosted the 62nd ADFIAP Board Meeting but to be the venue for all delegates for this Annual Meetings is indeed a privilege, especially when it happens right after the time BIDV celebrates our 50th anniversary .
Being the leading commercial bank in Vietnam, during our 50-year history , BIDV has always played a key role in the country’s socio-economic development. Now, BIDV provides a comprehensive and high quality range of banking products and services with the network covering all provinces in Vietnam territory. In line with the Bank’s strategy, BIDV has always been active and making all the efforts to enhance institutional capability in order to meet international standards and best practices in banking, which is an important requirement, particularly in the context of Vietnam becoming official member of WTO in 2006.
The theme of this year’s meeting: “ DFIs: Measuring up to international standards and best practices” is appropriate and makes sense to the finance and banking circle in general and DFIs in particular, especially in Asia and Pacific where there are many emerging markets being in the reform period to achieve international standard and best practices. We believe this meeting together with the attendance of senior experts in finance and banking will bring us many useful information and the opportunity to discuss as well as to share experience to contribute to the effective cooperation and support among member banks and toward building a sustainable ADFIAP.
Besides the busy working agenda of this meeting, I hope that the beautiful, diversified in culture and hospitable Vietnam will leave you with fine, unforgettable memory.
I wish you all the best and hope that you will have productive , enjoyable stay in our homeland.
Trần Bắc Hà
General Director
Bank for Investment and Development of Vietnam
Bank for Investment and Development of Vietnam (BIDV) was established under Decision No. 177/TTg dated 26 April 1957 by the Prime Minister. Five decades of development have witnessed profound transformation of BIDV with several name changes as follows:
- Bank for Contruction of Vietnam (26 April 1957 to 24 June 1981)
- Bank for Investment and Construction of Vietnam (24 June 1981 to 14 November 1990)
- Bank for Investment and Development of Vietnam (14 November 1990 to present)
BIDV is a special State-owned enterprise organized in the model of a State General Corporation. BIDV functions as a universal commercial bank providing a full range of currency, credit, banking and non-banking services, and acting as authorized agency funding projects with sources from domestic and international financial institutions. Recognized as the leading one serving for investment and development in Viet Nam, BIDV was the first commercial bank to be conferred with the title “Hero of Labour” in the Reform period.
As of 31st December 2006, the Bank’s total assets reached VND160,000 billion. The network of branches and banking service distribution channels ranked second in Viet Nam with 300 branches and transaction offices, 400 ATMs and nearly 10,000 staffs nationwide. With the successful implementation of the Banking System Modernization Project, BIDV is striving towards a modern retail bank. At present, BIDV comprises five units, namely: State-owned Commercial Bank unit (including 3 transaction centers and hundreds of branches nationwide), Subsidiaries unit (including 5 wholly-owned subsidiaries majoring in assets-liabilities management, financial leasing, securities, leasing and non life insurance), Administrative unit, Joint-Venture unit (inclduing 5 joint ventures namely BIDV Vietnam partners Investment Management Company, BIDV Tower Joint Venture Company, Lao – Viet Bank, VID Public Bank, Vietnam – Russia Bank) and Affiliates.
By the end of 2006, BIDV has maintained relationship with 940 banks and financial institutions worldwide, accounts with over 30 international banks and membership in many international and regional banking associations. BIDV has been awarded with Vietnam Golden Star for its trade mark and services for three consecutive years since 2004.
Programme of Activities
8 May (Tuesday) | |
2:00 p.m. to 8:00 p.m. | Registration of Delegates (Secretariat Room) |
9 May (Wednesday) | |
9:00 a.m. to 5 p.m. | Registration of Delegates (Secretariat Room) |
| 65th Board of Directors’ Meeting (First Session) | |
9:00 a.m. |
Mr. Octavio B. Peralta,Secretary-General ADFIAP |
10:00 a.m. | Morning Tea/Coffee |
10:30 a.m. |
Mr. Mark McCord, Chief of Party, CIPE Afghanistan |
11:30 a.m. |
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12:00 Noon | Lunch for Board Members |
2:00 p.m. | Permanent Working Committee Meetings |
3:15 p.m. | Afternoon Tea/Coffee |
3:30 p.m. to 6:00 p.m. | 65th Board of Directors’ Meeting (Second Session) |
7:30 p.m. to 10:00 p.m. | Dinner for Board Members/Spouses/Speakers |
10 May (Thursday) | |
8:00 a.m. to 9:00 a.m. | Registration of Delegates (Secretariat Room) (Note: The Country Bazaar & Photo Exhibit of Members will be opened the whole day, May 10 & 11, 2007) |
9:00 a.m. to 12 Noon |
ADFIAP & USAID ECO – ASIA
ADFIAP & KfW Delegate Meets Delegate (A new event providing delegates opportunity to know, meet and network with fellow delegates. Prior appointments must be arranged with the Secretariat). |
2:00 p.m. to 5:00 p.m. | 17th Ordinary Meeting of the General Assembly
Mr. Aziz Latip
Mr. Milverton Reynolds
Mr. Reynaldo G. David
Dr. Mehdi Razavi
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5:00 p.m. to 5:30 p.m. | Rehearsal for Awardees of the ADFIAP Awards 2007 |
7:30 p.m. | Welcome Reception & Awards Night 2007 |
11 May (Friday) | |
8:00 a.m. | Registration of Delegates |
Part I – OPENING CEREMONY | |
8:30 a.m. | Welcome Remarks by Host: Dr. Tran Bac Ha General Director Bank for Investment and Development of Vietnam (BIDV) |
8:45 a.m. | Opening Remarks by ADFIAP Chairman: Ambassador Jesus P. Tambunting Chairman and Chief Executive Officer, Planters Development Bank |
9:00 a.m. | Inaugural Address by the Chief Guest: Mr. Le Duc Thuy Governor State Bank of Vietnam (SBV) |
9:15 a.m. | Group Photo Session / Coffee-Tea Break |
Part II – CONFERENCE PROPER | |
9:45 a.m. | Keynote Speaker 1: Mr. Robert Bestani Keynote Speaker 2: Mr. Alexander Trepelkov |
10:30 a.m. | Session I: “Measuring up to Good Governance Best Practices” Session Chair: Mr. Fuimaono Falefa Lima, Speaker 1 – Mr. John Bohn Speaker 2 – Mr. Jean-Rene Halde Open Forum |
11:30 a.m. | Session II: “Measuring up to Risk Management & the Base II Framework” Session Chair: Mr. Nihal Fonseka, Speaker 1 – Mr. Gavin Gunning, Speaker 2 – Mr. Chan Kin Choy, Open Forum |
12:30 nn | L U N C H |
1:30 p.m. | Session III: “Measuring up to the International Accounting System” Session Chair: Mr. Zaigham Mahmood Rizvi, Speaker 1 – Ms. Anita Menon Speaker 2 – Mr. Gary Angove Open Forum |
2:30 p.m. | Session IV: Measuring up to Responsible Investment Principles: Social & Environmental Dimensions Session Chair: Tukana Bovoro, Speaker 1 – Mr. Niels van Dijk Speaker 2 – Ms. Diana Smallridge Open Forum |
3:30 p.m. | Coffee/Tea Break |
4:00 p.m. | Session V: “Measuring up to Sustainable SME Development & Growth” Session Chair: Datuk Abdul Rahim Mohd. Zin, Speaker 1 – Mr. Uwe Ohls, First Vice President, Speaker 2 – Shri Shankarnarayan Rao Open Forum |
5:00 p.m. | Session VI: Summation, Recommendations & Drafting of the “Hanoi Consensus on Measuring up to International Standards and Best Practices” (A set of action plans for ADFIAP and DFIs regarding the topics taken up during the conference) |
5:30 p.m. | Discussions in Plenary / Summation and Wrap-up |
Part III – CLOSING CEREMONY | |
7:30 p.m. | Closing Program & Gala Dinner |
12 May (Saturday) | |||||||||||||||||||||||||
8:00 a.m. Whole Day | Fellowship Day (For all Delegates/Spouses/Accompanying Persons)
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I. 65th Board of Directors Meeting - First Session
Wednesday, May 9, 2023 | 9:00am to 12noon
Speaker 1: The Five-Year Strategic Plan: Where Are We Now?
Mr. Octavio B. PERALTA, a Filipino, is presently the Secretary General of the Manila-based Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), the focal point of 78 development banks and other financial institutions engaged in the financing of development in 36 countries in the Asia-Pacific region. ADFIAP is a non-governmental organization in consultative status with the United Nation’s Economic and Social Council. He has extensive international exposure, having worked on various capacity-building programs and training events with multilateral development organizations and acted as a resource person on sustainable development banking and finance in many meetings and conferences.
Speaker 2: Fundraising
Mr. Mark McCORD is presently Chief of Party, CIPE Afghanistan. Mr. McCord is an expert in international business association, enterprise, governance and trade development. After a highly successful career as an organizational executive, Mr. McCord embarked on a career in international development. In October 2003, he was named CIPE’s Chief of Party for Afghanistan, where he works with a variety of donors and NGOs on competitiveness and business association projects. He built CIPE’s program in Afghanistan to over $12 million from a starting point of $400,000 in October 2003. Prior to that, as Chief of Party for CIPE’s USAID-funded program in Romania, Mr. McCord met every performance milestone in a comprehensive project supporting business associations — forming alliances to improve trade in targeted sectors, designing innovative internet programs for trade missions and association programs, and establishing an advocacy academy to ensure that private sector participation in legal and regulatory reform is effective. As a Certified Chamber Executive and former executive for the Greater Colorado Springs Chamber of Commerce as well as for three city chambers in Oklahoma, Mr. McCord has extensive experience in communications, public relations, organizational diagnostics, personnel management, membership development, economic development, fundraising and public policy advocacy. He has conducted seminars on strategic planning, trade development, competitiveness, institutional development, governance and public policy advocacy for business association executives in over 45 countries, including extensive experience in Southern and Eastern Africa as well as Central and South Asia.
II. ADFIAP – CIPE Governance and Sustainability Seminar
Wednesday, May 9, 2023 | 9:00am to 5:00pm
Main Resource Speaker: PRS CONSULTING INC.
Dr. Cesar SALDAÑA is President of PSR Consulting, Inc., a management consultancy firm involved in development management, financial consulting and bank training. Dr. Saldaña holds a Ph.D. in Management from the Kellogg Graduate School of Management, Northwestern University in Evanston, Illinois, USA.
He is currently Program Consultant to the Institute of Corporate Directors with responsibilities for policy advocacy, training and research in the area of corporate governance policy and reforms.
He regularly lectures at Citibank’s Regional Training Center in Istanbul, Turkey for Citibank branches in the CEEMEA Region and prior to this, at the Asia-Pacific Training Center in Manila and Singapore.
He is a specialist in credit training in banks in emerging markets with experience in training for Citibank branches in Asia Pacific, Central and Eastern Europe, Middle East and Africa and in local banks in Poland, Czech Republic, Lebanon, Saudi Arabia, Pakistan, Indonesia, Malaysia and Singapore. Because of his research in corporate finance, governance and banking, he lectures at seminars sponsored by the Asian Development Bank Institute in Tokyo, Japan for government policymakers in many Asian countries.
Dr. Saldaña’s professional awards include: the “Ten Outstanding Young Men of the Philippines (TOYM)” Award in the field of Management Education, Most Outstanding Professor of U.P. and Arthur Andersen and Co. Dissertation Scholarship Award in the U.S. Dr. Saldaña is a member of the American Accounting Association, the American Economic Association and Management Association of the Philippines.
Dr. Saldaña is an authority in the area of corporate governance education and training. He has worked with the Asian Development Bank, Organization for Economic Development and Cooperation, and the World Bank in various research and country papers on the status of corporate governance in the country and in the formulation of corresponding reform programs. He has regularly lectured in the ADB Training Institute in Tokyo, Japan to government official, stock exchanges and NGOs involved in corporate governance reforms in the region. He has been lecturing in seminars for banks, government corporations and publicly listed companies in corporate governance training courses under the auspices of the Institute of Corporate Directors. He specializes in the areas of corporate governance structures and risk management. Dr. Saldaña has written more than 20 case studies, articles and presentations in these areas. He has participated in ADB and OECD Roundtables in Manila and Korea, respectively and in the launching of the Indonesian IoD in Bali, Indonesia. He attended a special international program in corporate governance designed and conducted by the noted expert Ira M. Milstein in Yale University in the U.S. in August 2002. The Asian Development Bank commissioned him to write the country paper for the Philippines on the Asian Crisis and its underlying corporate governance issues and published this work in 2000.
Dr. Saldaña has more than 25 years of experience in working with government agencies, multilateral institutions and private institutions in formulating, implementing and supervising reform programs. He has a special expertise in developing enabling training programs as a means of enabling and empowering officials and key personnel of institutions in implementing reform programs.
III. 17th Ordinary Meeting of the General Assembly
Thursday, May 10, 2023 | 2:00pm to 5:00pm
Speaker 1: BANK OF INDUSTRY & MINE
Mr. Mehdi RAZAVI is the concurrent Managing Director & Chairman of the Board of the Bank of Industry & Mine. He started leading the bank in 2006 bringing with him essential experiences and education in the banking and finance field. Prior to his appointment, he has served in various financial institutions in Iran and in Europe at high level capacities. Thus, making him a very effective leader in any financial institutions todate.
In addition to Dr. Razavi’s exposures in the banking and finance field, he is also an educator. Indeed, he is, at present, a Professor at the School of Economics of the Shaid Beheshti University in Tehran, Iran and an Associate Professor, School of Economics of the same school. He also taught in the United States of America (USA) as an Assistant Professor and an Associate Professor of the Department of Management, School of Business, Hampton University.
Dr. Razavi has already published several books and other publications in the field of business management and research (mostly in Islamic context) and these are being used as reference materials in financial institutions and universities in his country.
Dr. Razavi’s educational background is, indeed, a remarkable one, having finished 2 Masteral education — Master of Engineering, Department of Systems Engineering, School of Pure and Applied Sciences, University of Virginia, Charlotsville, Virginia, USA; M.A Economics, College of Business Administration, University of Nebraska-Lincoln, Lincoln, Nebraska, USA — and a Ph.D. in Economics, College of Business Administration, University of Nebraska-Lincoln, Lincoln, Nebraska, USA
Speaker 2: THE BRUNEI ECONOMIC DEVELOPMENT BOARD
Mr. Aziz LATIP is presently the Assistant Chief Executive Officer, The Brunei Economic Development Board. Prior to joining the Brunei Economic Development Board (BEDB). He worked for an international bank, HSBC since 1986 which gave him an opportunity to work in several countries like Singapore, Malaysia, Hong Kong, Qatar, and the Philippines.
During his career with HSBC Brunei, Mr. Latip was the Managing Director of HSBC Finance in early 1990s and transformed the company into a market leader in Hire Purchase Financing. Subsequently, he was appointed as the Senior Manager in Corporate Banking to reap the Brunei infrastructural development boom. His last posting was Senior PFS Manager, in charge of all HSBC branches in Brunei.
Speaker 3: DEVELOPMENT BANK OF JAMAICA, LTD.
Mr. Milverton REYNOLDS was appointed Managing Director of the Development Bank of Jamaica Limited on January 2, 2007. He finished his Bachelor of Science in Management Studies at the University of the West Indies, a Masters in Business Administration (MBA) at McGill University in Montreal, Canada, and the University of London, England. He has been a recipient of several awards including the 1968 Royal Bank Scholarship and a Canadian Commonwealth Scholarship in 1972.
Mr. Reynolds has a wealth of experience in banking and insurance as a management executive in both the private and public sectors. Beginning in the early 1970s, he started his commercial banking experience with local indigenous institutions such as the Jamaica Citizens and the Workers Savings and Loan Banks, then worked as a Management Consultant with the international audit firm, Peat Marwick & Partners.
He spent five years at the National Housing Trust as Manager of the Project Appraisal and Lending Office. He left to become Life of Jamaica’s Assistant Vice President for Investment.
In 1997, Mr. Reynolds became the President and Chief Executive Officer of Life of Jamaica up to and including 2002. Between 2002 and 2006, Mr. Reynolds moved to the National Housing Development Corporation, a statutory agency responsible for Operation PRIDE, a government programme of settlement for persons earning below a certain threshold.
Mr. Reynolds is committed to the development of the country and in this regard, gives others an opportunity to benefit from his expertise and knowledge by holding positions on various boards such as the National Housing Development Corporation, Allied Insurance Brokers, NCB Insurance Company, First Global Bank Ltd., and the media house KLAS Limited.
Speaker 4: DEVELOPMENT BANK OF THE PHILIPPINES
Mr. Reynaldo G. DAVID was appointed as the new President & CEO of the Development Bank of the Philippines (DBP) replacing Mr. Simon Paterno who resigned from the Bank to join Credit Suisse First Boston as Managing Director.
He brings with him a wealth of banking experience to his new post. Prior to his appointment, he was Vice-Chairman of Export & Industry Bank (EIB). Since joining EIB in 1997, he has been actively involved in running the affairs of the bank, particularly in the strategic and profitable deployment of its resources.
Mr. David said that after having been in the private sector his entire life, “a certain time comes when duty calls for one to render public service. For me, that time has come, and I am committed to serve government through DBP which plays a strategic role in fast-tracking the country’s economic development.”
A Ten Outstanding Young Men (TOYM) awardee for offshore banking in 1977, Mr. David also served as Vice President and Treasurer of Citibank N. A. up to 1979, where he was responsible for the bank’s liquidity, foreign exchange, and long-term funding situation. He was assigned to New York in 1970 for a period of three years as Citibank’s strategic planning officer for the Asia-Pacific region. He was assigned to Singapore in 1973 to manage Citicorp Finance Ltd., a wholly-owned merchant banking outfit which was involved in the underwriting of debt and equity, securitization and origination of trade paper for utilization as trading instruments. He also managed First Oversea Credit Ltd., a consumer and retail finance company jointly owned with Oversea Chinese Banking Corporation.
Mr. David also held various posts in international conglomerates and was based in Hong Kong for several years. He was previously the executive director of Unicorp Finance Limited based in Hong Kong.
He also held concurrent positions under a mandate from the Pratt Group, a major industrial Australian conglomerate. These positions included managing director and treasurer of the Pratt Group, and director of Pratt Finance (Asia) Ltd., a stock brokerage entity under the supervision of the Stock Exchange of Hong Kong. His responsibilities included management of the group’s liquidity, reviewing and managing risk assets and capital positions, and tax management. He was also licensed as a dealing director of Pratt Capital Asia, Ltd.
Mr. David is a graduate of the De La Salle University where he finished Liberal Arts – Commerce in 1963 and became CPA in 1964. He graduated from an Advanced Management Program of the University of Hawaii in 1974.
III. Roundtable Discussions | Dialogues | Delegate-Meets-Delegate
Thursday, May 10, 2023 | 9:00am to 12:00noon
Speakers 1 & 2: KfW DEVELOPMENT BANK
Mr. Uwe OHLS, presently the Director for South and Central Asia of the KfW Development Bank has been with the Bank for nearly 30 years in various capacities. He started working with the Bank since 1977 as Project Manager, in charge of development projects in Asia. In 1987, he was promoted as Division Chief for Social and Economic Infrastructure in the Secretariat for International Credit Affairs (General Policy Department) after which he transferred to the Energy and Telecommunications in the Technical Department in 1992. After 4 years, he became the Division Chief for Pakistan and Central Asia which he held for a year.
Previous to his working experience at KfW Development Bank, Mr. Ohls worked with: Johann Wolfgang Goethe University in Frankfurt from 1974 to 1976; Fritz Werner Industrie – Ausrustung GmbH Geisenheim where his employment focused on commercial project management; VDO Tachometerwerke, Schwalback/Tx as Coordinating Engineer in Information and Modification Management and VDO-Tachometerwerke, Frankfurt/Main as Detail Designer.
In 1976, he obtained his Business Administration Degree at the Johann Wolfgang Goethe University in Frankfurt/Main where his main studies included: Corporate Accounting, Information Technology and Industrial Economics and previous to that, his Mechanical Engineering degree at the Friedberg School of Engineering (GieBen Technical University), majoring in Production in 1971. He speaks fluent English and German.
Mr. Haje SCHUETTE is presently the Vice President, Division Chief for Financial and Private Sector Development, Asia of the KfW Development Bank, holding responsibility for the Bank’s financial sector activities. Mr Schutte has also held the position of Deputy Division Chief for Financial and Private Sector Development, Eastern Europe. Mr. Schutte was also the Senior Investment Manager of the DEG/KfW Banking Group in the year 2004/2005.
Mr. Schutte has also served as a Project Manager from 1995 to 1999 at the International Labour Organisation, Geneva.
Mr. Schutte holds a Master in Economics (with Honours) from the Free University of Berlin as well as a BA in Economics and Philosophy from the Albert-Ludwigs-University Freiburg im Breisgau. He also has a Diploma in Economics from the London School of Economics and Political Science and has completed a Postgraduate Programme at the German Development Institute
IV. 30th ADFIAP ANNUAL CONFERENCE (Friday, May 11, 8:30am to 6:00pm)
A. OPENING CEREMONIES
1. Welcome Remarks (Host)
Mr. TRAN Bac Ha has been with the Bank for Investment and Development of Vietnam (BIDV) for nearly 30 years. He joined the Bank in January 1981 after graduating from Hanoi University of Finance and Accounting. Thereafter, he assumed various positions in different branches of the Bank namely Deputy Director of BIDV Nghia Binh Branch, Deputy Director of BIDV Binh Dinh Branch and Director of BIDV Binh Dinh Branch. In October 1999, he moved back to the Bank’s headquarter in Hanoi to take the position of Deputy General Director of BIDV, and four years later appointed as General Director cum Member of the BOD of BIDV.
He was also Director of BIDV Securities Co., Ltd. from November 1999 to January 2002, Director of BIDV Asset Management Co., Ltd. from December 2001 to August 2002 and Director of Transaction Center No. III of BIDV from July 2002 to February 2005.
Mr. Ha is also Manager of the Committee for Assets and Loan Resolution for Nam Do joint stock commercial bank from September 1998; Vice Director of Vietnam Small and Medium Enterprises Association and member of ASEAN Business Advisory Council (ASEAN BAC) from March 2006.
2. Opening Remarks (ADFIAP Chairman)
Ambassador Jesus P. Tambunting is the Chairman and Chief Executive Officer of Planters Development Bank (Plantersbank), the country’s leading bank for Small and Medium Enterprises (SMEs). Plantersbank has prestigious international organizations among its shareholders — the Asian Development Bank (ADB), the Dutch Government’s Netherlands Development Finance Company (FMO), and the World Bank’s International Finance Corporation (IFC). Together, these institutions own 40% of Plantersbank.
Ambassador Tambunting also chairs PlantersbankSME Solutions, Inc., the e-commerce venture Plantersbank has entered in partnership with the World Bank’s International Finance Corporation (IFC), and PDB-FMO Development Center, an undertaking with the bank’s Dutch partner Netherlands Development Finance Company (FMO). He is also Chairman of the Micro Enterprise Bank of the Philippines, a joint undertaking of Plantersbank, IFC, and FMO.
Outside his activities in Plantersbank, Ambassador Tambunting is active in the community, being Co-Chairman of the Philippine-British Business Council, and member of the Board of Trustees of the Philippine Business for Social Progress and of the Carlos P. Romulo Foundation. He is the Chairman of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). He sits in the Board of Directors of Globe Telecom and of Philam Fund, Inc.; Philam Strategic Growth Fund, Inc.; Philam Bond Fund, Inc., and Philam Dollar Bond Fund, Inc.
Ambassador Tambunting served as the Philippines’ Ambassador Extraordinary and Plenipotentiary to the United Kingdom of Great Britain and Northern Ireland from 1993 to 1998. At the same time, he concurrently served as Ambassador to the Republic of Ireland. During these years, he also stood as Permanent Philippine Representative to the International Maritime Organization.
Ambassador Tambunting was conferred Management Man of the Year 2003 by the Management Association of the Philippines; “Knight of the Equestrian Order of the Holy Sepulchre of Jerusalem” by the Vatican in 2004; and the Lifetime Achievement Award for 2005 by the Asian Bankers Association.
The Ambassador earned his Bachelor of Science degree in Economics from the University of Maryland. Prior to that, he had obtained his secondary education from the Culver Military Academy in Indiana, and his elementary education from the Ateneo de Manila University.
3. Inaugural Address (Governor, State Bank of Vietnam)
His Excellency Mr. LE Duc Thuy is presently Governor, State Bank of Vietnam. Mr. Le Duc Thuy has a PhD in economics and is both fluent in English and Russian. He moved to the central bank in 1996 after spending a number of years in the early 1990s as Assistant in Economics to the Prime Minister and to H.E. Do Muoi, General Secretary of the Communist Party.
Mr. Le Duc Thuy was a visiting scholar at Harvard Institute for International Development from 1991 to 1992. Prior to that, he obtained his Doctor of Economics degree at the Soviet Union in 1985. He also studied Economics at the prestigious National Economics University based in Hanoi from 1966 to 1970.
B. KEYNOTE SPEECH (Asian Development Bank)
Mr. Robert BESTANI is the Director General of the Private Sector Finance Department at the Asian Development Bank. Prior to joining the ADB he was a Managing Director and Senior Consultant at PricewaterhouseCoopers, LLP.
For most of his career, he has been in International Banking and Corporate Finance, working at Citibank, Texaco, Bank of America, and Duke Energy. Bob has long been associated with the High Tech, Petroleum/Oil & Gas and Power Industries. Among other transactions, he has worked on numerous transactions including: project and other structured financings, joint ventures, co-generation plants, merchant power plants, etc. He also has extensive experience in mergers and acquisitions, divestitures, asset securitization, private placements, investment grade and high yield debt, syndications, etc.
Bob also served in the first Bush Administration as Deputy Assistant Secretary for International Monetary and Financial Policy at the U.S. Department of the Treasury. His principal responsibilities included: the G-7 negotiations and the Paris and Houston Presidential Summit Meetings, several international trade and financial services negotiations, US-IMF policy coordination, the management of America’s $40 billion foreign currency reserve position, policy coordination with Federal Reserve, etc.
Bob has also repeatedly worked as a financial consultant to the People’s Republic of China and is a member of the Council on Foreign Relations.
Bob hold a Finance MBA from the University of Chicago and BA in Economics and Computer Science from Rutgers University. He also holds several SEC/NASD securities licenses including Series 7, 24 and 63.
C. KEYNOTE SPEECH (UNITED NATIONS)
Mr. Alexander TREPELKOV is Deputy Director of the Financing for Development Office (FfDO) at the United Nations Department of Economic and Social Affairs (UN-DESA) in New York since January 2004. In this position, his main function is to facilitate the engagement of multiple stakeholders (Governments, global and regional institutions, civil society and the business sector) in the Financing for Development process, in order to promote policy coherence, coordination and cooperation at all levels for the attainment of the internationally agreed development goals, including the Millennium Development Goals (MDGs). As a team leader for multi-stakeholder engagement and outreach, he has a proven track record of providing substantive support to intergovernmental deliberations and related activities that led to the adoption of the Monterrey Consensus of the 2002 International Conference on Financing for Development and the 2005 World Summit Outcome. His previous assignments at UN Headquarters covered such areas as Public Economics and Public Policy (2000-2001), Microeconomics and Development Policy (1996-2000), Macroeconomics and Social Policy (1992-1996) and Development and International Economic Cooperation (1990-1992). Prior to joining the UN Secretariat, Mr. Trepelkov had a diplomatic career spanning over twelve years in the Foreign Service of the former Soviet Union, which included professional positions in the Foreign Minister’s Office (1987-1989), Permanent Mission of the USSR to the United Nations (1981-1986) and the Department of International Economic Organizations (1977-1980).
Mr. Trepelkov obtained his MA and Ph.D. in International Economics from the Moscow Institute of International Relations (MGIMO-University). He authored articles in Russian periodicals and Occasional Papers series, contributed to numerous UN publications and made presentations at various international forums on economic and social issues and policies related to development cooperation.
Session I: “Measuring up to Good Governance Best Practices”
Session Chair:
Mr. Fuimaono Falefa LIMA, General Manager of the Development Bank of Samoa (DBS), has been working for DBS for twenty nine (29) years, starting as a Loans Officer, and became General Manager in the last fourteen years.
He is a member of the Development Bank Board, the Samoa Business Enterprises Centre Trust Board, and the Government Export Guarantee Scheme Committee. As General Manager, he represents DBS in the Samoa Association of Manufacturers and Exporters, and Samoa Chamber of Commerce.
Fuimaono Falefa Lima is a member of ADFIAP Board, and one of ADFIAP’s Vice Chairmans. He is presently Chairman of the Association of Development Financing Institutions in the Pacific (ADFIP)
Fuimaono Falefa Lima graduated with a BA Degree in Economics from the University of the South Pacific in Fiji in 1975, and a Master of Arts Degree in Development Banking from the American University, Washington D.C. in 1992.
Speaker 1:
Commissioner John BOHN currently serves as a Commissioner of the California Public Utilities Commission (CPUC). Governor Schwarzenegger appointed Commissioner Bohn to the CPUC in May 2005, and the California State Senate confirmed his appointment in April 2006.
In addition to his duties at the CPUC, Commissioner Bohn was recently elected as a Director of the National Endowment for Democracy in Washington, D.C. and to the Advisory Board of the Yale Institute for Corporate Governance and Performance. He also serves as Trustee of Northern Trust Multi-Advisor Fund, an international multi-advisor investment fund of the Northern Trust Company, and is a member of the Capital Markets Reform Commission, chartered by the U.S. Chamber of Commerce to re-evaluate the operation of U.S. capital markets in light of globalization.
Commissioner Bohn is a principal in GlobalNet Partners, N.A., LLC, a global advisory and consulting firm that provides market focus, strategic advisory and active client development services as well as management and capital to U.S. and foreign firms. Commissioner Bohn is also a member of The Council on Foreign Relations in New York, and a director of the World Affairs Council in San Francisco. He recently stepped down as Chairman of the Center for International Private Enterprise and as a member of the Executive Committee of the U.S. Chamber of Commerce in Washington, D.C.
Prior to his present position, Commissioner Bohn was a co-founder and Executive Chairman of CheMatch.com (now Chemconnect), an Internet based trading exchange for petrochemicals. He spent 1-1/2 years at Burson-Marsteller, the world’s largest public relations firm, where he served as Managing Director, focusing on international markets, and economic resources issues, and was special advisor to the Government of Korea during the Asian financial crisis. From 1989-1996, Commissioner Bohn served as President and Chief Executive Officer of Moody’s Investors Service, the world’s leading credit rating and financial analysis company, and a major publisher of financial information.
In 1981, Commissioner Bohn was asked to join President Reagan’s administration. He served first as special assistant to Treasury Secretary Don Regan and was subsequently appointed by President Reagan as U.S. Ambassador and Executive Director of the Asian Development Bank. In 1984, President Reagan appointed Commissioner Bohn to the post of Vice Chairman of the Export Import Bank of the United States, a U.S. Government corporation that finances and insures the sale abroad of American produced goods, and thereafter to the position of Chairman and President of the Bank, in which capacity he served until 1989.
Commissioner Bohn began his career practicing law in California and the Pacific, and subsequently spent 13 years as an international banker with Wells Fargo, which included 4-1/2 years in Tokyo, with responsibility for the bank’s Asian activities. Later he served as Division Manager for Trade Finance, private banking, and multinational banking.
A graduate with honors from Stanford University, Commissioner Bohn attended the London School of Economics as a Fulbright scholar, and received his JD from Harvard Law School. He is a member of the California State Bar and the Bar of the Supreme Court of the United States. Commissioner Bohn resides in San Francisco.
Speaker 2:
Mr. Jean-René Halde is BDC’s President and Chief Executive Officer. Jean-René Halde has more than 30 years of management experience in the private sector. Since 1979, he has held CEO positions in leading companies, including Métro-Richelieu Inc., Culinar Inc. and Livingston Group Inc. Mr. Halde has acquired a solid understanding of the challenges involved in managing businesses, as well as thorough expertise in corporate governance matters. He is a graduate of the Corporate Governance College of the Institute of Corporate Directors and has acted as Academic Director of the same program in Montréal. Throughout his career, Mr. Halde has been a Board member or Chair of several businesses and organizations, including CCL Industries Inc., Groupe Vidéotron Ltée, Gaz Métropolitain Inc., the Institute of Corporate Directors and the Montréal Heart Institute. Mr. Halde obtained a B.A. from Collège Sainte-Marie, a M.A. in Economics from the University of Western Ontario and an MBA from the Harvard Business School.
Session II: “Measuring up to Risk Management & the Basel II Framework”
Session Chair:
Mr. Anthony Nihal FONSEKA is a career banker and since January 2000, the General Manager Chief Executive and Director of DFCC Bank, Sri Lanka, a Charter Member of ADFIAP. He holds a BSc from the University of Sri Lanka, Colombo and is a Fellow of the Chartered Institute of Bankers, UK. Mr. Fonseka is a Director of the Commercial Bank of Ceylon Ltd., Credit Information Bureau of Sri Lanka and Colombo Stock Exchange.
He is also a Member of the Governing Board of the National Institute of Business Management and Postgraduate Institute of Management, Sri Lanka and the Chairman of the Banking and Finance Sub-Committee of the Ceylon Chamber of Commerce.
He is a Member of the Financial Sector, Taxation and Legal Reform Clusters of the National Council for Economic Development (NCED) and Co-Chair of the Capital Markets Cluster of NCED. In recent years, he has also served as a Member of the Government’s Strategic Enterprise Management Agency, the Post-Tsunami Presidential Task Force for Rebuilding the Nation and the Task Force for SMEs.
Speaker 1:
Mr. Gavin GUNNING is a Director within Standard & Poor’s Corporate and Government Ratings group. Gavin has extensive experience in ratings and risk management in Australia, New Zealand, and South Asia. Prior to commencement of his current role in 2006, Gavin spent one year in Standard & Poor’s Risk Solutions group.
Prior to this role, Gavin was Head of the Financial Services Ratings group for Standard & Poor’s in Australia and New Zealand. Before joining Standard & Poor’s in 1994 Gavin spent nine years in the Australian banking sector, in treasury, group strategy, and commercial roles. Gavin holds a Master of Applied Finance degree from Macquarie University and a Bachelor of Commerce degree from The University of Queensland; he is also a CPA and a Fellow of Finsia.
Speaker 2:
Mr. Rakesh REWARI, Deputy Managing Director of Small Industries Development Bank of India (SIDBI), has worked in the banking finance sector for over 32 years. In 1975, he worked with the State Bank of Bikaner Jaipur as a Probationary Officer in SBBJ, a subsidiary of the State Bank of India, handling General Banking and Advances. From June 1997 to June 1982, he joined IFCI Ltd. as Management Trainee where he gained experience in SME lending, corporate finance, follow-up and monitoring after which he joined IDBI Bank Ltd. in June 1982 as an Industrial Finance Officer (IFO) and worked in various regional and branch offices of the bank. His 8 years with the bank honed up his skills in project appraisal, follow-up for SME, refinance, corporate finance, promotional and developmental services and industry specific studies.
From April 1990 to October 2006, he held various posts at SIDBI, a DFI set up by IDBI in April 1990 for catering to the credit and development needs of units in small and medium-scale sector. He handled the overseeing of the overall business operations of the Bank, focusing on credit delivery, branch expansion, reduction in non-performing assets and development of innovative products.
He holds other prestigious assignments such as: Chairman, SIDBI Venture Capital Ltd. (SVCL), a wholly owned subsidiary of SIDBI set up for promoting and managing venture capital funds; Chairman of SIDBI Trustee Co., Ltd. (STCL), which has been set up to carry out trusteeship functions for Venture Capital Funds; Chairman, Credit Guarantee Fund Trust for Small Industries (CGTSI), an agency promoted jointly by Government of India and SIDBI, which aims at helping the new and existing industrial units in small sector, in getting collateral free credit by way of both term loan and working capital from eligible member lending institutions; Director, National Small Industries Corporation Ltd., (NSIC). And, Director, SME Rating Agency Ltd. (SMERA) –a joint initiative by SIDBI, Dun & Bradstreet Information Services India Private Limited (D&B), Credit Information Bureau (India) Limited (CIBIL) and few banks – to provide comprehensive ratings to small and medium sector. The ratings facilitate flow of credit from the banking sector to SMEs.
Mr. Rewari obtained his B. Tech (Mech) from the Indian Institute of Technology, New Delhi in 1973 after which he took his MBA from the Faculty of Management Studies from the University of Delhi in 1975. He is a Certified Associate of the Indian Institute of Bankers (CAIIB).
Session III: “Measuring up to the International Accounting System”
Session Chair:
Mr. Zaigham Mahmood Rizvi is presently Chairman and Managing Director of House Building Finance Corporation. Prior to this, he was Chairman and Managing Director of Pakistan Kuwait Investment Co. (Pvt.) Ltd. He has 28 years of experience in manufacturing, academics, and development and investment banking. His business links with Arab financial circles spread over 22 years. He served with the Oman Development Bank for almost eight years and has also held senior positions at the Industrial Development Bank of Pakistan, Saudi-Pak Industrial & Agricultural Investment Company, and Pak-Libya Holding Company and Pakistan Kuwait Investment Company (Private) Ltd. He has served on the boards of many corporate entities, and the Islamabad and Karachi stock exchanges. He is chairman and founder of the Mutual Fund Association of Pakistan (MUFAP), and chairman of the Pakistan Banks Association’s subcommittee on information technology. He has an MBA, a master’s degree in economics and chemical engineering, and a diploma from Pakistan’s Institute of Bankers. He was a Fulbright Scholar in the U.S. from 1975-77.
Speaker 1:
Ms. Anita MENON is an Associate Director of KPMG Business Advisory’s Financial Risk Management Services and heads the Strategic Management practice group. She brings with her more than 10 years of experience and her areas of specialization include business strategy, performance management and market and industry studies. Anita has provided technical advice and led many strategy, performance management and market study engagements while in KPMG.
Prior to joining KPMG, Anita was attached to Westport Malaysia and with a couple of other organisations previous to that. She joined KPMG in Kuala Lumpur in May 2000 and holds an MBA from the University of Nottingham, UK and a Bachelor of Science (Hons).
Some of the key projects, amongst others, that Anita has led include the development of the Strategic and Corporate Plans and Performance-Linked Compensation engagement for a Malaysian development bank, Development of a Performance Management System for a Middle-Eastern bank, Market Entry Study for a Fortune 500 Oil and Gas company, merger implementation of two financial futures and commodities exchanges as well as a performance management engagement using the balanced scorecard methodology for a large defense agency in Malaysia. Anita has worked with clients in the financial services, consumer and industrial markets and public sector on various aspects of strategy development and performance measurement and management. She has presented on the topic of Performance Management, Balanced Scorecard and SEM at seminars and has had several publications in this area.
Speaker 2:
Mr. Gary ANGOVE is the Partner in charge of Ernst and Young’s Assurance and Advisory Business Service in Vietnam.
Gary has over 40 years experience in delivering professional services including independent external audit assurance, internal audit and control reviews, corporate floats, investigating accountant reports, share valuations, due diligence assignments.
Gary was a partner of Ernst & Young Australia for 25 years before moving to Vietnam from Perth, Western Australia in 2004. During his time with Ernst & Young Australia, he served in the Sydney and London offices of Ernst & Young.
Gary has served as a member and a team leader on quality assurance teams reviewing Ernst & Young offices in Sydney, Melbourne, Canberra, Adelaide London and Auckland (NZ). He has held positions of seniority on several Ernst & Young Australia Boards and Industry Focus Groups. He is also a regular speaker at seminars and conferences.
He is a member of the Far East Area Assurance Leaders Group.
Session IV: “Measuring up to Responsible Investment Principles: Social & Environmental Dimensions”
Session Chair:
Mr. Tukana BOVORO, Chief Executive Officer of Fiji Development Bank, has worked in the banking finance sector for over 25 years. He worked for many years with the Fiji Development Bank, from a Loan Officer to General Manager. He has also held the position of General Manager of Finance for the FDB when the incumbent was absent on study leave. He left the Fiji Development Bank and worked for the Colonial National Bank in Fiji as its Assistant General Manager, before joining the National Development Bank of Palau (NDBP) as the Bank’s President in January 2000.
He was a member of the Board of Directors of the NDBP and a member of the Governing Board of the Financial Institutions Commission in the Republic of Palau. This Commission has been asked to introduce acceptable banking laws into the country that meets international banking standards.
He rejoined FDB as its Chief Executive Officer in October 2003.
He has a degree of Bachelor of Arts in Accounting and Management from the University of the South Pacific and is a Senior Associate of the Australian Institute of Banking & Finance (AAIBF)
Speaker 1:
Mr. Niels van DIJK is a municipal infrastructure development specialist with more than 15 years of professional experience in need assessments, project design, planning, budgeting and project management of a variety of infrastructure development projects in Cambodia, Bangladesh, Egypt, India, Indonesia, Laos, Malaysia, Nepal, Philippines, Sri Lanka, Thailand, and Vietnam.
Mr. Niels van Dijk joined USAID’s Environmental Cooperation – Asia (ECO-Asia) as Deputy Chief of Party in early 2006. ECO-Asia is a regional program that promotes a range of initiatives, including access to clean water and sanitation for the urban poor, and improved environmental governance and transboundary cooperation. Mr. van Dijk is in charge of ECO-Asia’s water and sanitation component, which focuses on improved corporate governance and management by water service providers, innovative models for expanding water and sanitation services, especially to the poor, improving enabling conditions for water and sanitation services, and increasing access to innovative finance.
Since 1989, he has worked as assistant advisor to the Indonesian Ministry of Public Works. From 2000 through mid 2003, Mr. van Dijk acted as project director for DHV, one of Europe’s largest consultancy firms. In addition to preparing, negotiating and managing various donor funded infrastructure projects throughout Asia, Mr. Van Dijk provided oversight for DHV’s pre-financing of municipal projects ranging from concessions for managing water treatment plants and efficiency improvements for reducing Unaccounted for Water to semi-privatizing the collection of property tax and issuance of building permits.
Since July 2003, Mr. Van Dijk acts as TCGI’s Vice-President in charge of the daily management of the firm. His portfolio includes urban management and project finance projects for USAID, including managerial oversight for the FIRE/D project in India and the worldwide DCA project development and monitoring support for USAID’s Office of Development Credit. For DCA he prepared a water finance strategy for USAID/Indonesia and managed the development of DCA concept papers and action packages for a number of innovative water supply projects in Indonesia. He is also acts as project manager and senior advisor for two other USAID projects: Ecolinks (Eastern Europe) and Good Urban Governance in South Asia (GUGSA). For GUGSA, Mr. van Dijk leads the development of strategic planning guidelines for building disaster-resilient cities, integrating the principles of good urban governance (involving tsunami-affected municipalities in India, Sri Lanka, Thailand and Indonesia).
He obtained his MSc, Urban & Regional Planning in 1992 and his BSc, Urban Planning in 1988 at the University of Amstedam, The Netherlands. He is a Certified Project Management Professional (CPMP), Project Management Institute (PMI), The Netherlands.
Speaker 2:
Ms. Diana SMALLRIDGE, President of International Financial Consulting Ltd. since June 2000, is a well-known expert in the area of official finance institutions including Export Credit Agencies (ECAs), Export-Import Bank (EXIM Banks) and Development Banks. She has extensive knowledge of these systems around the world and the business models they employ. She has a special focus on strategic planning and governance issues relating to commercially operated government-owned financial institutions. The firm which she founded and leads, International Financial Consulting Ltd., is a world leader in providing advice for financial services offered in support of trade, investment, and development.
She is also the Managing Director of Green Capital Advisors, a firm specializing in the area of renewable energy and carbon finance.
She obtained her M.A. Economics at the Queen’s University, Kingston, Ontario,Canada.
Session V: “Measuring up to Sustainable SME Development & Growth”
Session Chair:
Shri V.P. SHETTY, Chaiman of the IDBI Ltd., was born on 12th June 1947 at Vaddarse, Dakshin Kannada District, Shri Shetty joined Canara Bank in 1968 and worked there for four years. Thereafter, he joined Vijaya Bank in 1973. He worked in various capacities in Rural, Semi-urban, Urban and Metropolitan branches as Branch Head. He was heading major Operational Divisions/Zones at Mumbai, Chandigarh, Lucknow, Kolkata and Delhi and also exceptionally large branches including overseas branch at Mumbai. He was in-charge of Credit Department, International Banking Division, Recovery, Personnel and Information Technology.
Shri Shetty joined UCO Bank as Executive Director on 11th October 1999 and took charge of the Bank as Chairman and Managing Director on 6th October 2000. Shri Shetty assumed charge of Canara Bank as Chairman & Managing Director on 1st November 2004 and continued till he took over as Chairman of Industrial Development Bank of India Ltd. on March 3, 2005.
Presently, he holds various positions:
- Chairman of the Board of Trustees, Stressed Asset Stabilisation Fund (SASF)
- Chairman of the Board of Directors, IDBI Capital Market Services Ltd (ICMS)
- Chairman of the Board of Directors, IDBI Homefinance Ltd.
- Deputy Chairman of Indian Banks’ Association [IBA]
- Member on the Board of Life Insurance Corporation of India
- Director, Export Import Bank of India (EXIM)
- Director, Infrastructure Development Finance Co. Ltd. (IDFC)
- President of the Governing Council of Entrepreneurship Development Institute of India.
- Member of the Board of Governors, Management Development Institute
- Chairman of the Executive Committee, Indian Institute of Banking & Finance
- Chairman of the Advisory Committee, Jawaharlal Institute of Development Bank {JNIDB}
Shri Shetty has participated in SIBOS 2004 at Atlanta, USA during October 2004 and SIBOS 2005 at Copenhagen during September 2005 representing IBA.
He is a recipient “Banker of the year – 2003” Award from the Business Standard Group.
Speaker 1:
Mr. Uwe OHLS (please refer to bio-sketch under Section III. Roundtable Discussions/Dialogues/Delegate-Meets-Delegate
Speaker 2:
Shri Shankarnarayan RAO, a graduate from the Indian Institute of Technology, Bombay, is the Executive Director of Export-Import Bank of India. Mr. Rao is responsible for a variety of functions including export credit, project and trade financing, corporate affairs, institutional linkages, planning and research, information technology, management information systems, and the provision of export related services at the Bank’s Headquarters in Mumbai.
Mr. Rao joined Exim Bank of India in March 1983 when the Bank had just commenced operations, and has been closely associated with several of the Bank’s lending and service programmes, particularly in the areas of project financing and the rendering of value added information, advisory and support services. Mr. Rao had a stint of five years as the Bank’s Representative in Washington D.C. He was subsequently based in New Delhi as the Bank’s Regional Resident Representative responsible for the activities of Exim Bank of India in Northern India. In this capacity he was responsible for the Bank’s lending and service programmes in addition to interaction with the Government, Embassies, international agencies as also industry associations and trade bodies.
Before joining Exim Bank of India, Mr. Rao was with Tata Consulting Engineers where he was involved with the provision of a range of project formulation, implementation and monitoring services for a variety of chemical and industrial projects.
Speaker 3:
Mr. Zaigham Mahmood RIZVI (please refer to bio-sketch under Session III, “Measuring up to International Accounting System).