Global Financial Management

For a copy of any of the sessions listed please contact Chris Banas, Educational Programs Administrator at 301.961.8816.

8:30 a.m. - 9:30 a.m.

10: Outsourcing Your Global In-House Bank

• Outsourcing enables multinationals increased visibility and access to their global liquidity in a cost-effective manner without the inherent disadvantages of building these processes in-house. Hear how Cummins has established its current structure utilizing an outsourced provider to manage and operate its global in-house treasury operations, providing centralized management of multi-currency, multi-bank global liquidity through one internet banking platform.
• Michael  Hageman, Director, Treasury Operations, Cummins, Inc.  

10:30 a.m. - 12:00 p.m.

25: Rocky Road: The Rise and Fall of Exotic Financial Instruments and Entities that Sold Them

• In this session, award-winning journalist and preeminent capital markets expert Gillian Tett will explain the origins of the worldwide recession and discuss what the future holds for capital markets across the globe. She is widely credited with being the first to cover the credit crunch in the mainstream press. Beginning in 2004, she began to cover capital markets, correctly anticipating the need to watch an industry growing uncommonly fast. By 2007, a year ahead of the curve, she began issuing her newsbreaking alarms of a looming financial crisis. Gillian is the author of Fool's Gold, the gripping tale of how the world of shadow banking was created and then spun out of control. She is assistant editor of the Financial Times, overseeing global coverage of financial markets and writing a regular column for FT.
• Gillian  Tett, Ph.D., Assistant Editor, Financial Times  

1:30 p.m. - 3:00 p.m.

27: Visibility and Control in Global Treasury Management - The Way Forward

• This case study will detail how a multinational company, faced with the challenge of integrating and reconciling information from multiple channels around the world, took the steps to ensure oversight and maximize cash management efficiencies. The presenters will outline how to implement policies, processes and checks and balances, create synergy, enforce security and develop a global cash forecasting process - with a high degree of accuracy - to optimize cash flow and better understand trends.
• Catherine  Fields, CTP, Assistant Treasurer, Western Digital 
• Chris X. Knorr, First Vice President, Regional Sales Manager, Global Payments and Cash Management, HSBC Bank USA, N.A.  

38: Treasury Trends in Asia: Fresh Paths to Treasury Efficiencies in the Region

• A panel of diverse corporate practitioners will discuss how they have changed the course of cash management for their companies in Asia utilizing enhanced visibility, better control, and more accessibility. Their respective corporations now have the ability to rationalize their account structures and harmonize their liquidity.  Learn what improvements these corporate treasury managers made while setting trends in regional treasury management in Asia.
• Ali  Agha, Corporate Sales Manager and Americas Head of Asia Desk, Global Transaction Banking, Deutsche Bank 
• Patrick P. Villers, Managing Director, Global Business Services, Corporate Treasury, GE 
• Debra A. Hinds, Global Cash Management Director, Bombardier 
• Peter T. Tan, Assistant Treasurer, Omnicom Capital Inc.  

4:00 p.m. - 5:00 p.m.

46: Cash Repatriation Challenges to a US Parent Company

• Tough economic times necessitate shrewd cash management. This case study will detail the difficulties, opportunities and successes experienced by a US-based parent company to repatriate cash from its subsidiaries around the world to the United States, through cash management structures, maximizing tax efficiency.
• Paulo  Giacomini, Worldwide Treasurer, Carestream Health 
• David  Forst, Practice Leader, Tax Group, Fenwick & West LLP  

58: Cross-Border Payments: Clearing and Settlement Systems in Latin America

• Latin America is one of the more challenging regions for corporate cash and liquidity management. Throughout this decade, many Latin American countries have made significant investment to develop their national payment systems, so they can reach international standards and make in-country cash and working capital management more efficient. This session will provide an overview of the major Latin America payment systems, both high and low value, with special focus on Argentina, Brazil and Mexico, including the latest developments in cross-border payments, so corporate treasurers can understand the challenges they have to face and overcome when managing cash in the region.
• Mario  Guadamillas, Program Manager, Financial Sector Assessment Program, Financial and Private Sector Development, World Bank 
• Cristina  Pintado, Vice President, Sales Americas, Global Transactional Banking, BBVA New York 
• Elena  Whisler, AAP, Project Manager, Federal Reserve Bank of Atlanta  

10:30 a.m. - 12:00 p.m.

66: Maximizing Global FX Management through Systems Design and STP

• Learn how the Colgate-Palmolive Company reengineered its worldwide FX exposure and trading programs into one centralized global center. Discover how this new business and systems model allows them to  optimize foreign currency exposures, leverage liquidity structures, and then go-to-market on a net consolidated basis.  Explore the benefits derived from such a model including cost-savings, efficiencies  and compliance.
• Jack  Weiss, Manager, Treasury and Financial Systems, Colgate-Palmolive Company 
• Jaime  Ryan, Managing Partner, e5 Solutions Group, LLC  

2:00 p.m. - 3:00 p.m.

91: Banking Across Borders

• As the financial markets and hence the financial institutions shake out after the crisis, a dichotomy has developed between US and Canadian banks in how they operate and where their interests lie in terms of offering treasury services and extending credit. Hear from a treasury executive from a US corporation conducting business on both sides of the border and discuss the differing relationships between the two sides. The Canadian banker will also present their perspectives.
• William H. Van Orman, Assistant Treasurer, Officemax 
• Dennis  Parker, Assistant Vice President, Cash Management Services, Toronto Dominion Bank  

92: Liquidity Management Strategies in the Middle East

• This session will detail the payments landscape and latest regulatory developments in the Gulf Cooperative Council, with a focus on the impact on global corporations. Through a corporate  case study, the presenters will discuss how to manage USD liquidity in that region, taking into consideration FX regulations and clearing regulations in each country.
• Girish  Hemrajani, Treasurer, Ion Geophysical 
• Hemant  Patel, Head GTS Origination - Middle East, RBS Bank  

96: Treasury Essentials for Doing Business in China: An Intensive Presentation and Discussion - PI

• This intensive session will provide a comprehensive overview of the fundamental issues and best practices for treasurers conducting business in China. The first portion (2:00 - 3:00pm)  will present an overview of the Chinese economy, focusing on growth dynamics, as well as outline cross-border and trade regulatory issues. A panel discussion on these topics will conclude the first part of the program. The second half (3:15-4:15pm) will commence with a presentation on the nuts and bolts of banking in China, touching on wholesale banking, transaction banking capabilities, trade, and supply chain finance. Finally, a corporate practitioner will discuss their perspective on the current business and banking structure in China, and detail the challenges encountered and successes achieved by their treasury team. Audience members will be invited to participate in Q&A throughout the presentation.
• Stephen  Green, Senior Economist, Standard Chartered Bank 
• Peter HL Sun, Head, Transaction Banking, China, Standard Chartered Bank  

3:15 p.m. - 4:15 p.m.

106: A Case Study in Multicurrency Notional Pooling

• In today's difficult environment, using all internal sources of cash has become mission critical for treasury. This case study will demonstrate how the implementation of multicurrency notional pooling allowed an international company to tap into foreign excess cash and reduce their need to borrow from their banks. They achieved significant interest savings, and eliminated the administration of intercompany loans because the pool operating agreement replaced all of their intercompany loan agreements.
• Jeffrey T. Kennel, Assistant Treasurer, SABIC Innovative Plastics 
• John W. Herrick, Principal, Treasury Strategies, Inc.  

108: Shift from Letters of Credit to Open Account using Electronic Supply Chain Management Tools

• This session will highlight trends that have reshaped International Trade; discuss new international supply chain solutions from a bank and industry perspective; and review features, risks and complexities of these services versus traditional trade finance options. Find out what supply chain financing services are being adopted and whether or not they are appropriate for your business.
• Christopher A. Conn, Senior Business Manager Trade & Supply Chain Management Americas Banking Initiatives, SWIFT 
• George  Hoffman, Senior Vice President & Group Product Manager-Global TM, PNC Bank 
• Julie  Hazen, CTP, Principle, Treasury Strategies, Inc.  

113: Treasury Essentials for Doing Business in China: An Intensive Presentation and Discussion - PII

• This intensive session will provide a comprehensive overview of the fundamental issues and best practices for treasurers conducting business in China. The first session (2:00-3:00pm)  will present an overview of the Chinese economy, focusing on growth dynamics, as well as outline cross-border and trade regulatory issues. A panel discussion on these topics will conclude the first part of the program. The second half of the session (3:15-4:15pm) will commence with a presentation on the nuts and bolts of banking in China, touching on wholesale banking, transaction banking capabilities, trade, and supply chain finance. Finally, a corporate practitioner will discuss their perspective on the current business and banking structure in China, and detail the challenges encountered and successes achieved by their treasury team. Audience members will be invited to participate in Q&A throughout the presentation.
• Marc  Monyek, Senior Director, Funding Asia Pacific, Middle East & Africa, McDonald's Corporation 
• Peter  Crawley, Head of Product Management, China, Standard Chartered  

9:15 a.m. - 10:15 a.m.

137: The Role of Treasury Risk Management in the BRIC Countries

• As business expands into new and emerging markets, treasury needs to play an active role in risk management and to create the ideal balance between adhering to the corporate goals and the dynamics of doing business locally. The presentation will identify the risks and best practices to manage this challenge as adopted by successful global companies with growing BRIC presence in order to facilitate business growth from new markets in a fully controlled risk environment.
• Deepa  Palamuttam, Director, Global Treasury Operations and Controls, Intel Corporation 
• Prateek  Rastogi, Vice President, Global Subsidiaries Group, Citi