Chief Executive Officer, Securities and Futures Commission, Chair of the Board, International Organization of Securities Commissions
Ashley is the Chief Executive Officer of the Securities and Futures Commission (SFC) of Hong Kong. He was first appointed in October 2011. In May 2016, Ashley was elected as Chair of the Board of the International Organization of Securities Commissions (IOSCO), and was re-elected for a further two-year term in June 2020.
Ashley was previously Chair of the IOSCO Asia-Pacific Regional Committee and Vice Chair of the IOSCO Board. Ashley has represented IOSCO as a member of the Financial Stability Board Steering Committee and Plenary since his election as IOSCO Board Chair.
Ashley started his career as a lawyer in London in 1984. He moved to Hong Kong in 1989 with the international law firm Herbert Smith, practicing corporate and business law. He was Executive Director of Corporate Finance at the SFC from 2001 to 2004, before returning to Herbert Smith, where he became head of the firm’s Asia Region.
Managing Director, Head of European Economics, Barclays
Silvia Ardagna is a Managing Director and Head of European Economics Research. Based in London, Silvia leads the team covering the Euro area countries and some of the small open European economies. Silvia joined Barclays in 2021 from Goldman Sachs, where she was a managing director in the Investment Strategy Group in the Consumer and Investment Management Division and in Global Investment Research from 2012 to 2021. Prior to joining the private sector, Silvia was an associate professor at the Department of Economics of Harvard University from 2004 to 2010. She has been visiting fellow at the European Central Bank and The International Monetary Fund and she is a leading expert in the area of fiscal policy. Her academic research has been published in top refereed journals and has been influential in shaping the policy debate around fiscal issues. Silvia earned a BA and MA in Economics from Bocconi University and a PhD from Boston College. She is married and has two sons.
Director General, DG FISMA, Directorate-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
John Berrigan is the Director General in DG FISMA (Directorate-General for Financial Stability, Financial Services and Capital Markets Union) of the European Commission.
DG FISMA is responsible for EU-level policy making and legislative initiatives with respect to the financial sector, including Banking Union, Capital Markets Union, sustainable finance, digital finance, anti-money laundering and sanctions. In this context, John represents the European Commission on the Economic and Financial Committee and the Financial Services Committee, which report to EU Finance Ministers. He also represents the Commission on the Financial Stability Board, which reports to G20 Finance Ministers. He attends the European Systemic Risk Board and is a permanent observer on the Single Resolution Board.
John has been a Commission official since the mid-1980s and has spent most of that time working on financial-sector issues – first in DG ECFIN (where he contributed to macro-financial analysis in general and more specifically to financial-sector aspects of the assistance programmes for Member States) and now in DG FISMA. He worked on preparations for the introduction of the euro in 1999 and was secretary of the so-called Giovannini Group, which produced reports, inter alia, on issues related to euro-denominated debt issues and post-trading in EU securities markets in the early 2000s. In the mid-1990s, he worked for several years with the International Monetary Fund.
John has a masters degree in economics from University College Dublin. He is married with two children.
Jonas Bjarke Jensen
Managing Economist, Copenhagen Economics
Jonas Bjarke Jensen helps clients understand what drives changes within the financial sector. He has extensive experience in financial economics, regulatory impact assessments, macro-finance. Examples of his work include advising the European commission on how to improve the EU equity markets, advising the European financial sector on the impact of Basel regulation, and assessing impact of new regulation on the security markets.
Prior to joining Copenhagen Economics, Jonas worked with macro-financial impact assessment and fiscal planning at the Danish Ministry of Finance as well as working with solvency stress testing and capital planning in the financial sector.
President, Ward Ferry Management
Daphne Chester, Partner & President, joined Ward Ferry Management in November 2013. Prior to joining Ward Ferry, Daphne was a Portfolio Specialist at Neuberger Berman working for the Quantitative Investment Group and the Greater China Equity Team from 2010 until 2011. Before that, Daphne was an Associate in the Alternatives Advisory & Placement Group at Neuberger Berman from 2009 until 2010. Previously, Daphne was an Analyst in the Client Development Team of the Absolute Return Strategies Group of the Lehman Brothers Investment Management Division from 2007 until 2009. Daphne began her career as Investor Relations at U.S. Shipping Partners from 2005 until 2007. She graduated with an A.B. from Princeton University and an M.B.A. from the Hong Kong University of Science & Technology.
Chief Executive Officer, Man Group
Luke Ellis is Chief Executive Officer of Man Group, a global active investment firm. Man Group has five investment engines (Man AHL, Man Numeric, Man GLG, Man FRM and Man GPM), which manage USD 135.3 billion (as at 30 June 2021) in a range of liquid and private markets. With a central objective to deliver alpha for clients through time, Man Group provides a wide range of alternative and long-only portfolio solutions for its client base. As CEO, Luke leads the firm’s Executive Committee, working with teams across investment, distribution, technology and infrastructure, while seeking to deliver the right outcomes for clients and positioning Man Group to adapt to opportunities as markets evolve. He is also the Deputy Chairman of the Standards Board for Alternative Investments (SBAI), and Chair of the Board of Trustees for Greenhouse Sports. Luke joined Man Group in 2010 and was previously President of the firm, responsible for management across investment engines. Prior to this, he was Chairman of Man GLG’s Multi-Manager activities and was Managing Director of Man FRM from 1998 to 2008. Luke was previously a Managing Director at JPMorgan in London and Global Head of the firm’s Equity Derivatives and Equity Proprietary Trading businesses. He holds a BSc (Hons) in Mathematics and Economics from Bristol University.
Head of International, Financial Conduct Authority
I am the Head of Department for International at the Financial Conduct Authority and am responsible for leading the FCA’s international engagement in the Global Standard Setting Bodies, including the Financial Stability Board and the International Organization of Securities Commissions. My department also leads the FCA’s bilateral relationships with overseas regulators, both EU and non-EU, and is responsible for the FCA’s market access policy and strategy.
Previously I worked at the Bank of England, where I was Head of EU Strategy and later Head of Global Trade Strategy, where I led the development of the Bank’s post-Brexit trade policy for non-EU rest of world jurisdictions. I have worked in Brussels for both the European Parliament and the European Commission, drafting and negotiating financial services legislation on a range of files covering markets and retail banking.
I previously worked for the FCA’s predecessor, the Financial Services Authority, holding roles in Policy and Financial Stability Divisions where I worked on the Icelandic banks crisis and post-crisis reforms including faster payout rules.
I am a lawyer by background, qualified as a barrister in the UK and an attorney in New York, and previously worked for the Law Society.
Chief Operating Officer, Emso Asset Management
Rory started his career in 1990 at Barclays Bank in New York in foreign exchange sales, and worked in Tokyo before returning to Jamaica as Foreign Exchange Treasurer for Jamaica Citizens Bank (now part of the Royal Bank of Canada). After completing his MBA, he joined Credit Suisse’s emerging markets local bond trading department in London and, in 1999, he founded and managed a wireless technology company before joining Emso in 2003. At Emso he has established the operational infrastructure, and more recently spearheaded the successful implementation of the employee buyout of the company.
Rory earned an MBA from the Wharton School, University of Pennsylvania and a BA from Rutgers University.
Partner, Sidley Austin, LLP
Leonard Ng (www.sidley.com/leonard-ng) is Co-head of the EU Financial Services Regulatory Group at Sidley Austin LLP in London, and a member of the firm’s Executive Committee. He advises a wide range of financial institutions, including the Managed Funds Association, its members and other alternative investment managers, on the ongoing changes to the UK and EU regulatory landscape. He also works closely with Sidley’s global regulatory team in advising clients on cross-border regulatory reform, in particular clients affected by overlapping US and EU regulations. Leonard has particular experience in advising clients on operating under the UK/EU regulatory framework established after the last financial crisis (AIFMD, MiFID II, Short Selling Regulation, etc), and more recently on Brexit, sustainable finance/ESG, LIBOR transition and cryptoasset regulation. From September 2014 to September 2016 Leonard was a member of the Board of the Managed Funds Association. Leonard is a frequent speaker at industry conferences.
Executive Vice President and Managing Director, Global Markets & Research
Michael Pedroni is MFA’s Executive Vice President and Managing Director, Head of Global Research and Markets, reporting directly to MFA’s President and CEO. Michael leads the analysis that underpins MFA’s global advocacy and policy engagement. Michael also guides MFA’s research on financial markets, runs MFA Insights—a platform for examining relationships between policy making and investments—and directs MFA’s work on credit.
Michael draws on 25 years of experience in international affairs, financial policy, markets, regulation, central banking, and U.S.-EU relations. Prior to joining MFA in 2017, Michael served under four Treasury Secretaries, beginning his tenure at Treasury as the first Director of the re-established Markets Room, just as the financial crisis was unfolding in the summer of 2008. Michael was deeply involved in helping the White House and Treasury Secretary to assess the financial markets during the Global Financial Crisis and the Euro Crisis. Michael subsequently directed Treasury’s Western Hemisphere Office before moving to Brussels for three years as the U.S. Financial Attaché and head of Treasury’s office in Europe.
In 2016, he was detailed to the National Security Council and National Economic Council, acting as Senior Director for Global Economics and Finance for the Obama White House, before rejoining Treasury in late 2016 as Senior Executive Director for International Economic Analysis. Michael has also worked at the Federal Reserve Bank of New York, the International Monetary Fund (IMF), and the inter dealer-broker, ICAP.
Michael graduated from Yale University and received a Masters Degree in International Affairs from Columbia University. He was also a Fulbright Scholar in Germany and is conversational in German, Italian, and French. Michael is an adjunct professor in the department of economics at George Washington University, where he teaches a course on managing global financial crises.
Managing Director, Policy and International affairs directorate, Autorité des marchés financiers (AMF)
Jérome Reboul is Managing Director of the Regulatory Policy and International Affairs Directorate at the French Autorité des Marchés Financiers (AMF) since July 1 2021. The Directorate covers all areas of securities regulation including market intermediaries and infrastructures, asset management, transparency requirements for issuers, as well as Fintechs and sustainable finance.
Prior to joining the AMF, Jérôme worked 11 years for the French Treasury, first as deputy head of the Banking Affairs Office, in charge of national and international banking regulation, before being appointed to manage the Savings and Financial Markets Office in May 2013, and then the Housing and Public Interest Activities Financing Office. In June 2016 he was appointed Deputy Director at the Agence des participations de l’État (French government shareholding agency). He then held the position of Deputy Secretary in charge of banks within the Treasury from August 2017 onwards.
He started his career in June 2007 at the Ministry of Public Works as a Project Manager in the Department of Urban Planning and Housing, then in July 2008, as a Project Manager at the Agence des participations de l’État. Jérôme Reboul, an alumni of the Ecole Normale Supérieure, holds a PhD in economics from the University of Toulouse and a Master’s degree in public affairs from the École Nationale des Ponts et Chaussées.
Director General Financial Conduct, Central Bank of Ireland
Derville Rowland has been the Director General, Financial Conduct at the Central Bank since September 2017. In her role she is responsible for overseeing Conduct supervision, which includes consumer protection, securities and markets supervision, and enforcement. Derville also serves as a member of both the management board and the board of supervisors of the European Securities and Markets Authority (ESMA) and chairs its Investment Management Standing Committee. Derville is a board member of The International Organisation of Securities Commissions (IOSCO) and is vice-chair of IOSCO’s European Regional Committee.
Prior to her appointment to her current role, Derville was the Director of Enforcement in the Central Bank. She also worked for the Association of Chartered Certified Accountants in the UK as Regulatory Counsel and was a practising barrister in the UK.
Lawrence H. Summers
Charles W. Eliot University Professor and President Emeritus, Harvard University
Former Treasury Secretary Lawrence H. Summers is one of America’s leading economists. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank.
Dr. Summers’ tenure at the U.S. Treasury coincided with the longest period of sustained economic growth in U.S. history. He is the only Treasury Secretary in the last half century to have left office with the national budget in surplus. Dr. Summers has played a key role in addressing every major financial crisis for the last two decades.
During the 1990s, he was a leader in crafting the U.S. response to international financial crises arising in Mexico, Brazil, Russia, Japan, and Asian emerging markets. As one of President Obama’s chief economic advisors, Dr. Summers’ thinking helped shape the U.S. response to the 2008 financial crisis, to the failure of the automobile industry, and to the pressures on the European monetary system. Upon Summers’ departure from the White House, President Obama said, “I will always be grateful that at a time of great peril for our country, a man of Larry’s brilliance, experience and judgment was willing to answer the call and lead our economic team.” The Economist recognized his influence when it defined the “Summers Doctrine,” an approach to economic policy during financial crises that fuses a microeconomic “laissez faire” mentality with macroeconomic activism. “Markets should allocate capital, labour and ideas without interference, but sometimes markets go haywire, and must be counteracted forcefully by government.”
Summers’ five years as President of Harvard represented a time of major innovation for the University. He focused on equality of opportunity and removing all financial obligation from students with family incomes below $60,000 a year. He launched a major effort to make Boston, and Cambridge in particular, the global leader in life sciences research, with the formation of major programs for stem cell research and genomics. Perhaps most importantly, he led efforts to renew Harvard College with dramatic increases in study abroad programs, faculty-student contact, and collaboration across the University during his tenure.
Currently, Dr. Summers is the President Emeritus and the Charles W. Eliot University Professor at Harvard University, where he became a full professor at age 28, one of the youngest in Harvard’s recent history. He directs the University’s Mossavar-Rahmani Center for Business and Government. Summers was the first social scientist to receive the National Science Foundation’s Alan Waterman Award for scientific achievement and, in 1993, he was awarded the John Bates Clark Medal, given to the most outstanding economist under 40 in the United States. He was elected to the National Academy of Sciences in 2002. He has published more than 150 papers in scholarly journals.
Summers chairs the board of the Center for Global Development and serves as vice chair of the Peterson Institute for International Economics and as a board member or advisory board member to a number of other non-profits and public policy organizations. He is a contributor to Bloomberg’s Wall Street Week and a contributing columnist to The Washington Post. He is an advisor to businesses and investors and serves on the board of Square, States Title/Doma and SkillSoft Corporation. He also consults with or advises a range of companies in the finance and technology sector, including longstanding work with D E Shaw & Co and Citi.
He has co-chaired major international panels ranging from the G20s High Level Independent Panel on Pandemic Preparedness and Response to the Council on Foreign Relations study group on the Transatlantic Relationship to the Center for American Progress’ Commission on Inclusive Prosperity. He launched a Task Force on Fiscal Policy with Mayor Bloomberg and chaired the Commission on Global Health, lauded by the UN Secretary General who noted that it “will bring more than health – it will bring equity, and contribute to a life of dignity for all.”
President Bill Clinton said that Larry Summers “has the rare ability to see the world that is taking shape and the skill to help to bring it into being.” He has been recognized as one of the world’s most influential thinkers by Time, Foreign Policy, Prospect and The Economist magazines among many others. In his speeches, television appearances, newspaper columns and public commentary, he continues to move forward the debate on national and global economic policy.
Evert van Walsum
Head of Investors and Issuers Department, ESMA
Evert van Walsum started his career in banking in the Netherlands. After that period, he joined the Netherlands Authority for the Financial Markets (AFM), where he worked in various roles in policy and supervision, in the markets area and in the field of consumer protection. His last position at the AFM was Head of the Capital Markets Department.
At ESMA, Evert is Head of the Investors and Issuers Department, responsible for investor protection, asset management, corporate finance, corporate reporting, sustainability and supervisory convergence.
Evert has studied at the University of Amsterdam and at INSEAD Fontainebleau.
Director, Commission de Surveillance du Secteur Financier
Marco Zwick has been appointed as director of the Luxembourg supervisory authority, the Commission de Surveillance du Secteur Financier (CSSF), on 1 September 2018. He is predominantly in charge of the regulation and supervision of the investment fund industry and of the specialised professionals of the financial sector.
Marco Zwick has held various functions in the financial sector since 1989, including being the Head of Compliance of Deutsche Börse Group and Head of Compliance and Risk, EMEA, for Schroders prior to joining RBC Investor Services Bank in May 2015, where he was a member of the executive committee and headed the Compliance functions in Europe and Asia and AML for I&TS globally. He has been chairing the AML Working Group of ALFI until his appointment as director of the CSSF. Marco was the president of the Luxembourg Association of Risk Management (ALRiM) from 2010 to 2016. He is a member of the board of the Economist Club in Luxembourg.