Speakers

Keynote Speakers

Speakers and Moderators

Michel Barnier

Commissioner for Internal Market & Services, European Commission

Personal details:

* French
* Born January 9, 1951 in Grenoble
* Married
* 3 children

Current duties:

* Elected MEP since June 7 2009, President of the French delegation of the EPP
* Since March 2006, Vice President of the European People's Party
* Since 2009, Political Advisor of the UMP (Union pour un Mouvement Populaire)

Political career:

* June 2007 - June 2009: Minister of Agriculture and Fisheries
* April 2004 - May 2005: Minister of Foreign Affairs
* 1999 - 2004: European Commissioner in charge of Regional Policy and the Reform of European Institutions
* 1997 -1999: Senator of Savoie
* 1995 - 1997: Minister of European Affairs
* 1993 - 1995: Minister for the Environment
* 1982 - 1999: President of the Regional Council of Savoie
* 1973 - 1999: Regional Councillor for Savoie (Bourg-Saint-Maurice District)

Professional career:

* February 2006 - May 2007: Vice President of Mérieux Alliance, in charge of International Relations
* Since September 2005: Member of the Council of State

Other activities:

* In 2006, Special Advisor to the President of the European Commission, José Manuel
BARROSO. Presentation of a report proposing the creation of "For A European Civil Protection Force : Europe Aid ".
* Since May 2003: Founding President of the club "New Republic"
* 1997 -1999: President of the French Association of the Council of European Municipalities and Regions
* 1987 - 1992: Co-president of the Organisation Committee of the XVIth Olympic Games of Albertville and Savoie

Publications:

* 2008: "Europe, cards on the table“ - Acropole
* 2008: "Who will feed the world : a new agricultural revolution" - Acropole
* 2007: "Atlas for a sustainable world" - Acropole
* 2005: "Sortir l’Europe des idées reçues" - Plon
* 2001: "Notre contrat pour l'alternance" - Plon
* 1994: "Vers une mer inconnue" - Pluriel
* 1992: " Atlas des risques majeurs" - Plon
* 1985: "Vive la politique" - Stock

Education:

* Diploma - Paris College of Business

Languages:

* French (mother tongue)
* English

William E. Kennard

U.S. Ambassador to the EU, U.S. Mission

William E. Kennard is the United States’ Ambassador to the European Union. Prior to assuming this position, Mr. Kennard was a Global Partner and Managing Director of The Carlyle Group, a global private equity firm with approximately $90 billion under management. Mr. Kennard joined The Carlyle Group in May 2001. At The Carlyle Group, Mr. Kennard specialized in investments in the telecommunications and media sectors.

Before joining The Carlyle Group, Mr. Kennard served as chairman of the U.S. Federal Communications Commission from November 1997 to January 2001. He presided over the agency at an historic time. During his tenure, he shaped policies that created an explosion of new wireless phones, brought the Internet to a majority of American households, and resulted in billions of dollars of investment in new broadband technologies. At the same time, he implemented bold new policies to bridge the digital divide in the United States and around the world.

Mr. Kennard is well known for his advocacy for people at risk of being stranded on the wrong side of the digital divide. He implemented the FCC’s e-rate program, which brought the Internet to almost every school and library in the United States. Under Mr. Kennard’s leadership, the FCC dramatically expanded access to communications technologies for people with disabilities. The FCC also adopted policies to increase telephone service to rural areas, especially to Native Americans living on tribal lands. He reached out to create more ownership and employment opportunities for women and minorities.

As FCC chairman, Mr. Kennard promoted the benefits of technology worldwide. He pioneered an innovative FCC Development Initiative to assist countries in the developing world to participate more fully in the global growth of digital technology. Through this initiative, Mr. Kennard signed the first partnership agreements on behalf of the FCC with ten countries on four continents to share U.S. regulatory experience with emerging regulatory authorities.

U.S. News and World Report dubbed Kennard a “consumer champion for the digital age.” He has received many honors and awards for his accomplishments, including awards from the Congressional Black Caucus Foundation, the Easter Seals Foundation, the Hispanic Chamber of Commerce and honorary degrees from Howard University, Gallaudet University and Long Island University.

Mr. Kennard previously served on the boards of directors of The New York Times Company, Sprint Nextel Corporation (national US wireless carrier), Handspring, Inc. (manufacturer of the Treo and other wireless devices), eAccess Ltd. (national Japanese wireless carrier), as well as on the boards of several companies owned by The Carlyle Group.

Mr. Kennard also served on several nonprofit boards including the Joint Center for Political and Economic Studies, One Economy Corporation, Common Sense Media, Year-Up Inc., the Yale University Council, Gallaudet University and Media Access Project.

Before his appointment as FCC Chairman, Mr. Kennard served as the FCC’s general counsel from 1993 until 1997. He joined the FCC from the law firm of Verner, Liipfert, Bernhard, McPherson and Hand (now DLA Piper) where he was a partner and member of the firm’s board of directors.

Mr. Kennard is a graduate of Stanford University and Yale Law School. He resides in Brussels, Belgium with his wife, Deborah Kennedy Kennard, and their son, Robert.

Bernard Clerfayt

Secretary of State for Finance, Ministry of Finance, Belgium

Born on December 30, 1961, Bernard Clerfayt has a Bachelor and Master of Economics at the UCL and has won renown as a researcher and professor. In 1988, he was elected for the first time at
local level.

From 1989 to 2007 he has been sitting in the Brussels Regional Parliament. He is also vicechairman
of the “Fédéralistes Démocrates Francophones”, a component of the “Mouvement Réformateur” (Belgian French-speaking liberal party). Since 2001, he is mayor of the municipality of Schaerbeek. After the 2007 elections, he has become member of the Belgian Federal Parliament. On March 20, 2008, Bernard Clerfayt took his oath in the presence of King Albert II as Secretary of State for Finance, charged with anti tax fraud measures, modernisation of the Finance department and environmental taxation.

Jonathan Moulds

President, EMEA, Bank of America Merrill Lynch

Jonathan P. Moulds is President, Europe, the Middle East & Africa (EMEA). He also has regional responsibility for Latin America and Canada for the combined Bank of America and Merrill Lynch platforms. He is based at the bank's European headquarters in London.

Moulds is responsible for overseeing the bank's business and support activities in the regions. These include Global Markets, Investment Banking, Corporate Debt Products, Card Services, Treasury Services, Wealth Management, Principal Investing, Leasing, Business Capital and Vendor Finance. He is also responsible for leading the expansion of the bank's commercial and investment banking products, services and overall franchise to its issuer and investor clients in these regions.

Moulds is a director of a number of Bank of America’s legal entities including Banc of America Securities Limited, MBNA Europe Bank Limited and he chairs the boards of Merrill Lynch International and Merrill Lynch International Bank Limited. He also chairs the EMEA Executive Committee and is a member of the Global Banking and Wealth Management and Global Sales and Trading Executive Committees.

Moulds joined Bank of America in 1994 and was instrumental in building the bank's presence in over-the-counter derivatives markets and for the integration of the Chicago Research and Trading platform. Following the Bank of America/NationsBank merger in 1998 he was appointed Global head of Rates Derivative Trading. In 2001 he took over management of the Global Derivatives group responsible for Fixed Income Derivatives, Commodity Derivatives and the Chicago Research and Trading platform. In 2003 he was appointed Global head of Liquid Products with additional responsibility for Foreign Exchange, Cash Rate products and International Treasury. In 2005 Moulds assumed overall responsibility for Bank of America’s International Markets business, and in early 2006, he was promoted to President, EMEA and Asia. In 2009 he also held the position of head of Global Banking and Securities Market Risk Moulds overseeing banking and securities market risk globally to ensure the right risk-reward balance in these business activities.

Moulds joined the Board of the International Swaps and Derivatives Association, Inc. (ISDA) in 1998 and was Chairman from 2004 to 2008. He currently serves on the Board and the Executive Committee for the Association for Financial Markets in Europe (AFME) and the Capital Markets Senior Practitioners of the UK Financial Services Authority.

Moulds is a strong supporter of the performing Arts and sits on the Board of the London Symphony Orchestra (LSO) and serves as Chairman of the LSO Advisory Council. He has recently been invited to join Carnegie Hall’s newly formed International Council. He is a keen collector of fine musical instruments.

Eddy Wymeersch

Chair, Committee of European Securities Regulators (CESR)

At present, Mr. Wymeersch is Chairman of the Supervisory Board of the Belgian Banking, Finance and Insurance Commission, Brussels; Chairman of the Committee of European Securities Regulators (CESR), Paris; Chairman of the European Regional Committee and Member of the Executive Committee and of the Technical Committee of the International Organization of Securities Commission (IOSCO), Madrid.

He is also a Member of the European Corporate Governance Forum; Member of the High level committee on a new financial architecture, in Belgium.

His previous activities include:

Emeritus Professor of Commercial Law, University of Ghent, Belgium, teaching on company law, securities regulation and banking law. Co-founder of the Financial Law Institute, University of Ghent.

Co-chair of the CESR-ESCB Working group on clearing and settlement

Consultant to EC Commission, World Bank and IFC; member of the corporate governance commission of the Brussels Stock Exchange, chairman of the SLIM working party (Simpler Legislation for the Internal Market) on the 1st and 2nd directive

Adviser to the Belgian Government, i.a. as member of the Legislative Branch of the Council of State. He was a member of the supervisory board of the National Bank of Belgium and the Belgian Corporate Governance Commission. He was Chairman of the Board of Brussels International Airport Company (BIAC) and adviser on governance issues to several listed Belgian companies.

Member of the Beirat of the Hamburg Max-Planck-Institut für ausländisches und internationales Privatrecht; member of the editorial or advisory board of several Belgian and European law reviews.

He has published on securities regulation, companies law, especially groups of companies, and corporate governance in the Belgian, European and comparative perspective ( see list of publications).

Alberto Giovannini

Chief Executive Officer, Unifortune

Alberto Giovannini is Chief Executive Officer of Unifortune, an independent asset manager based in Italy. He holds a PhD from the Massachusetts Institute of Technology, and was the Jerome A. Chazen Professor at Columbia University, where he taught and conducted research from 1983 to 1995. Subsequently he has held a number of positions in banking and asset management, and has been an advisor to the EU Commission on Financial issues (he was the chairman of the so-called Giovannini group between from 1997 to 2004).

Wolf Klinz MEP

Chair, Special Committee on the Financial, Economic and Social Crisis, European Parliament

Dr Klinz, born in 1941, studied economics and business administration in Paris, Vienna and Berlin. He graduated with an M.Com in 1963, a PhD in 1965, and an MBA from Insead, Fontainebleau, in 1966.

Dr. Klinz was a Partner with McKinsey & Company in Düsseldorf and Paris. Subsequently he served as a Member of the Executive Board of a Swiss Corporation. After German reunification he joined the Executive Board of Treuhandanstalt, the German Government's agency for privatisation of the former East German industry, He finished his business career as CEO of a large German corporation in 2003 when he decided to go into European politics. From 2000 to 2004, he held the (honorary) position of President of the Chamber of Commerce and Industry (CCI) Frankfurt am Main.

Elected as a Member of the European Parliament in June 2004, he is the Chair of the Special Committee on the Financial, Economic and Social Crisis, a full Member in the Committee of Economic and Monetary Affairs and a substitute in the Committee on Development.

Giovanni Carosio

Chair, Committee of European Banking Supervisors (CEBS)

After graduating in Economics in 1967, Mr. Giovanni Carosio attended a postgraduate course at the University of Cambridge, U.K.. In 1970 he joined the Economic Research Department of the Bank of Italy.

He was head of the Banking Supervision Department (1993-2004); in 2004 he was appointed Central Manager for Central Bank Operations and Markets and Central Manager for Banking and Financial Supervision in 2006.

He is Chairman of the Committee of European Banking Supervisors, member of the Basel Committee on Banking Supervision and member of the Financial Stability Board.

John Houston

Senior Partner, Kreab Gavin Anderson

John is a Senior Partner at Kreab Gavin Anderson, and was recently described in the Financial News as 'the best [financial] industry lobbyist in Brussels'. He has advised several of the world’s largest companies and financial institutions on EU matters. He has been in the consultancy business since 1988, initially in the City of London and since 1990 in Brussels. Previously John was a member of the Cabinet of the European Commissioner responsible for financial services, a political journalist, and a special advisor to the British foreign minister. He was the founding chairman of the European Public Affairs Consultancies Association.

Stefano Micossi

Director General, Assonime

Current positions:
Director General, ASSONIME (since April 1999).
Professor at the College of Europe: course on “EU Internal Market: Economic Institutions and Policies” (since academic year 1999-2000).

Other positions and professional affiliations:
Member of the Board of Directors of Banca Nazionale del Lavoro – BNP Paribas (independent).
Member of the Board of Directors, EuropeanIssuers
Member of the General Council of Assicurazioni Generali di Venezia.
Member of the Board of Directors of the Centre for European Policy Studies (CEPS).
Member and Coordinator of the scientific committee of Confindustria (Confederation of Italian Industry).
Founding member and coordinator of EuropEos, an association of leading journalists, jurists, economists and political scientists created to foster the European construction

Former positions:
Director General for Industry at the European Commission (1995-1998).
Director of Economic Research in Confindustria (1988-1994).
Economist (1972-78), Head of Office (1980-85), Assistant Director and then Director (1987-88) in the International Division of the Bank of Italy’s Research Department.

Education:
Degree in Law, University of Milan (1971).
MA (1973) and M. Phil. (1974), Department of Economics, Yale University Graduate School.

Publications:
Has published extensively in national and international economic journals on macro-economics, international economics and European economic and policy affairs
Writes regular editorial comments for il Sole 24 Ore and occasionally for Project Syndicate, the Financial Times, the Wall Street Journal Europe.

David Wright

Deputy Director General, DG MARKT, European Commission

David Wright was born in England in 1951. After studying PPE at Oxford, he has been employed by the European Commission since 1977. His career within the Commission has included working in the Statistical Office (1977-1982), the Directorate General For Energy (1982-1987), the Directorate General for Industry and Internal Market Affairs (1987-1989), as Adviser in President Delors’ Forward Studies Unit (1989 1992), as a Member of the Cabinet of Sir Leon Brittan Q.C., Commissioner responsible for External and Economic Affairs (1993-1995), as Adviser to Jacques Santer, President of the European Commission (1995 1999), as Director of Financial Services Policy and Financial Markets, and currently as Deputy Director General of DG Internal Market and Services.

Nadia Calviño

Deputy Director General, DG COMP, European Commission

Nadia Calviño is Deputy Director General in the Directorate General for Competition of the European Commission with special responsibility for Mergers and Antitrust. She joined the Commission in September 2006 as Deputy Director General for Mergers and her area of responsibility was enlarged in September 2007 to cover Antitrust enforcement, including cartels.

A career civil servant in Spain (Técnico Comercial y Economista del Estado), before joining the European Commission she worked in the Ministry for Economy occupying different positions in the areas of foreign trade, macroeconomic forecasting, economic policy and competition. She worked in this area for more than nine years; as senior antitrust case handler, Deputy Director General for Legal Affairs, Deputy Director General for Mergers and finally, from May 2004, Director General for Competition.

An economist and a lawyer by training, she has worked as a teacher of Economic Policy in the Spanish University (Universidad Complutense de Madrid).

Mark Sobel

Deputy Assistant Secretary for International Finance, US Department of the Treasury

Mark Sobel has served as Acting Assistant Secretary for International Affairs since January 2009. He is also the Deputy Assistant Secretary for International Monetary and Financial Policy in the U.S. Treasury Department. In this capacity, Mr. Sobel advises senior Treasury officials on a range of issues: coordinating the Department's
participation in the G-7/20, overseeing U.S. positions on financial and institutional policies in the IMF, providing analyses on U.S. balance of payments developments, managing the Exchange Stabilization Fund, developing foreign exchange policy and formulating international banking and securities market policies. In this latter regard, he oversees technical level discussions between the US and the European Commission in the context of the Financial Market and Regulatory Dialogue, chairs financial regulatory discussions with Japan, China, Mexico, Canada and Australia, and leads the Department's preparations for the Financial Stability Forum.

Mr. Sobel has worked at the Department for over two decades. Prior to assuming his current position in 2000, Mr. Sobel served, inter alia, in the U.S. office at the IMF, and was Director of the Department's International Monetary Policy and Transition Economy offices.

Karel Lannoo

Chief Executive Officer, CEPS

Karel Lannoo (°1961) has been chief executive of the Centre for European Policy Studies (CEPS) since 2000 and senior research fellow since 1997. CEPS is one of the leading independent European think tanks, with a strong reputation in economic and foreign policy research. It has total revenues of about € 7 million (2008) and employs about 50 persons.
He has published some books and numerous articles in specialised magazines and journals on general European policy, and specifically financial regulation and supervision matters. He spoke at several European Parliament, Commission and related institutions hearings and participated in studies for national and international bodies (EU institutions, OECD, ADB, World Bank). He is a regular speaker at international gatherings and in executive programmes.

Before joining CEPS, Karel Lannoo was employed in the cultural sector, worked for the Italian conglomerate Ferruzzi and for a professional federation. He was also active as a free-lance writer for several specialised financial sector publications.

Karel Lannoo holds a baccalaureate in philosophy and an MA in history from the University of Leuven, Belgium (1985) and obtained a postgraduate in European studies (CEE) from the University of Nancy, France (1986).

Karel Lannoo is an independent director of BME (Bolsas Y Mercados Espanoles), the company which runs the Madrid stock exchange. He also directs the European Capital Markets Institute (ECMI) and the European Credit Research Institute (ECRI), both separate legal entities which are managed by CEPS.

Recent books and articles (excluding op-eds):
• Comparing the EU and US responses to the financial crisis, ECMI Policy Brief no. 14, January 2010.
• The MiFID Revolution (with Jean-Pierre Casey), Cambridge University Press, Oct. 09, xii and pp. 228. Available from: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521518635
• The Road Ahead after de Larosière, CEPS Policy Brief no. 195, August 2009 (also published by Stiftung Wissenschaft und Politik (SWP) in Governing the Eurozone, Looking after the First Decade, December 2009).
• Integrating Europe’s Back Office: 10 years of turning in circles. ECMI Policy Brief, No. 13, June 2009. (Also published in Facing New Regulatory Frameworks in Securities Trading in Europe, Peter-Jan Engelen and Karel Lannoo (eds.), January 2010, Intersentia.
• Concrete Steps to More Integrated Oversight, The EU’s Policy Response to the Financial Crisis, CEPS Task Force Report, December 2008.
• EU Retail Financial Market Integration: Mirage or Reality?, ECRI Policy Brief No. 4, June 2008 (also published in the Journal of Financial Transformation - Volume 23, 09/2008#23).
• Pouring Old Wine into New Skins? UCITS and Asset Management in the EU after MiFID, Report of a CEPS-ECMI Task Force, April 2008 (with Jean-Pierre Casey).
• The Future of Europe’s Financial Centres, ECMI Policy Brief, No. 10, December 2007.

Darcy Bradbury

Chair, Managed Funds Association; & Managing Director, the D.E. Shaw Group

Darcy Bradbury is a managing director of D. E. Shaw & Co., L.P. and the director of external affairs for the D. E. Shaw group. Ms. Bradbury is the firm’s primary representative to a number of industry associations and was elected chair of the board of the Managed Funds Association in September 2009. She has over 25 years of experience in finance in both the private and public sectors. After completing her graduate studies, Ms. Bradbury worked in public finance investment banking until 1990, when she was appointed Deputy Comptroller for Public Finance for the City of New York. She then joined the U.S. Department of Treasury, serving as Assistant Secretary for Financial Markets. While at the Treasury Department, Ms. Bradbury managed public debt issuance and was responsible for the overseeing policy matters involving Treasury financing and federal regulation of financial markets and government securities markets. Returning to New York in 1997, she worked at Bankers Trust as a managing director and the head of strategic business development, and assisted in that firm’s integration with Deutsche Bank. In 2001, she entered the alternatives industry as managing director and partner of Mezzacappa Management, LLC. Ms. Bradbury joined the D. E. Shaw group in 2007, after serving as managing director of, and co-head of client relations and marketing for, Blackstone Alternative Management L.P. She received an M.B.A. with honors from Harvard Business School and an A.B. magna cum laude in social studies from Harvard University.

Peter Praet

Executive Director, National Bank of Belgium; & Chairman, ECB Banking Supervision Committee

Peter Praet was appointed executive director of the National Bank of Belgium in 2000 and is responsible for financial stability. In 2002 he was also appointed to the Management Committee of the Belgian Banking, Finance, and Insurance Commission (CBFA), where he is responsible for prudential policy for banking and insurance.

Before joining the National Bank, Mr. Praet served as chief of cabinet for the Belgian Minister of Finance from 1999-2000, as chief economist of Générale de Banque and Fortis Bank from 1988-1999, as professor of economics at the Université Libre de Bruxelles from 1980-1987, and as economist at the International Monetary Fund from 1978-1980. Mr. Praet earned a Ph.D. in economics from the Université Libre de Bruxelles in 1980. He currently teaches money and banking at the Université Libre de Bruxelles, and from 2001-2004 he held the Chair of Business Ethics at the Faculté polytechnique and the Solvay Business School of the Université Libre de Bruxelles.

Mr. Praet serves on several high-level international committees, including the Basel Committee on Banking Supervision, the Committee on Payment and Settlement Systems, the Committee on the Global Financial System, the Committee of European Banking Supervisors, and the Banking Supervision Committee of the ESCB as Chair. He is an alternate director of the Committee of G10 Governors and the International Monetary and Financial Committee. He is also co-chair of the Research Task Force of the Basel Committee on Banking Supervision.

Mr. Praet is a member of the board of the European think tank Bruegel (Brussels European Global Economic Laboratory).

Michaela Koller

Director General, CEA

Michaela Koller is the director general of the CEA, the European insurance and reinsurance federation. The European insurance market, as represented by the CEA, is the largest in the world, with a market share of over 40%. Michaela has worked in Brussels for 17 years. Prior to joining the CEA in February 2007, she was a member of the management committee of the European Savings Banks Group and the World Savings Banks Institute. Michaela has served as a member of various advisory groups established by the European Commission and testifies regularly in hearings organised by EU institutions.

David Devlin

Public policy leader EU and central cluster of PwC firms, PricewaterhouseCoopers

David Devlin is a partner in PricewaterhouseCoopers in Dublin.

He is Leader, Public Policy and Regulatory matters, for the Central Cluster of PwC’s network firms. He is a member of PwC’s Global Regulatory & Public Policy Committee. He is also a member of the Global Public Policy Committee (GPPC) of the six largest international accounting networks, Chairman of its Standards Working Group and a member of the European Contact Group.

David is a member of the European Commission’s European Corporate Governance Forum.

Until recently he was a member of IFAC’s International Ethics Standards Board for Accountants, which is responsible for the profession’s global Ethics Code.

David Devlin is a past President of FEE, the European Federation of Accountants. The Fédération des Experts Comptables Européens (FEE) is the representative organisation for the accountancy profession in Europe. FEE’s membership consists of 43 professional institutes of accountants from 32 countries.

He served three terms as a member of the UK/Irish Urgent Issues Task Force of the Accounting Standards Board and was for several years a member of the Supervisory Board of EFRAG.