WASHINGTON, DC –– March 11, 2011 –– As global economic recovery gains pace, chief financial officers and treasurers will convene in May to discuss how to reinvigorate their companies in an environment of uneven growth and new regulations.
AFP’s Global Corporate Treasurers Forum, now in its seventh year, will take place at the Ritz Carlton Chicago, May 18-20, with Bank of America Merrill Lynch as the exclusive sponsor.
“Globalization has fundamentally changed the way businesses need to operate,” said Jim Kaitz, president and CEO of AFP. “AFP members must continue to learn how to expand and operate effectively in this new economic reality.”
The economic advisor to the Prime Minister of India, Dr. Raghuram Rajan, will present the keynote address: “A Macroeconomic Outlook: Where might we be headed?” Dr. Rajan is the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business and the former chief economist with the International Monetary Fund. He also will lead a roundtable discussion on emerging markets with Dr. R Evan Ellis, Assistant Professor, National Defense University, Center for Hemispheric Defense Studies.
A panel of senior international bankers will focus on the changing nature of banking relationships and the impact those relationships can have on doing business – especially in terms of cash management, foreign exchange risk management, and access to capital markets.
As more and more CFO's require treasury departments to increase their involvement in the business, treasurers must find a way to provide both practical and strategic support beyond their traditional activities. A diverse group of corporate treasurers will share perspective on how they provide financial expertise and support to operating units.
“Bank of America Merrill Lynch is proud to be sponsoring AFP’s Global Corporate Treasurers Forum for the second consecutive year,” said Dub Newman, head of Global Treasury Sales at Bank of America Merrill Lynch. "Today's CFOs and Treasurers take a much more holistic view of their financial needs and forums like these provide valuable opportunities for financial executives to uncover critical information and solutions that will help them grow their businesses.”
Other topics will include investment strategies and policies, managing counterparty risk, pensions, M&A, doing business in emerging markets and maximizing complex negotiations.
For more information, see www.afponline.org/gctf
ABOUT AFP® The Association for Financial Professionals (www.afponline.org ) is the daily resource for the finance profession. Headquartered outside Washington, DC, AFP serves a network of more than 16,000 members with news, economic research and data, treasury certification programs, networking events, financial analytical tools, training, and public policy representation to legislators and regulators.
AFP’s global reach extends to over 150,000 treasury and financial professionals worldwide, including AFP of Canada; London-based gtnews, an on-line resource for the treasury and finance community; and bobsguide, a financial IT solutions network.
ABOUT BANK OF AMERICA MERRILL LYNCH
Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with more than 5,800 retail banking offices and approximately 18,000 ATMs and award-winning online banking with 29 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, which are both registered broker-dealers and members of FINRA and SIPC, and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed