4th Annual Covered Bonds Market Conference | afme

4th Annual Covered Bonds Market Conference

02 Dec 2016 Hotel de Rome, Berlin

Biographies

Keynote speakers

  • Ulrich Bindseil

    Ulrich Bindseil

    Director General of the ECB's Directorate General Market Operations

    Ulrich Bindseil

    Ulrich Bindseil

    Director General of the ECB's Directorate General Market Operations

    European Central Bank

    Ulrich Bindseil has been the Director General of the ECB’s Directorate General Market Operations since May 2012. Previously he had been Deputy Director General,  head of the ECB's Risk Management Division and the ECB’s Liquidity Management Section. The ECB’s DG Market Operations is responsible for implementing monetary policy (Eurosystem credit operations, collateral framework, asset purchase programmes, etc.) and for the management of the ECB’s foreign reserves and investment portfolios. He chairs the ECB’s Market Operations Committee, the ECB’s Money Market Contact Group and the ECB’s Bond Market Contact Group. He is a member of two BIS committees, the Markets Committee and the Committee on the Global Financial System (CGFS).

    Ulrich started his career in central banking in 1994, namely in the Economics Department of the Deutsche Bundesbank, after his economics studies. His publications include: Monetary Policy Implementation (Oxford University Press, 2004); Risk Management for Central Banks and Other Public Investors (editor, together with F. González and E. Tabakis, Cambridge University Press, 2009), Monetary Policy Operations and the Financial System (2014, Oxford University Press). 

  • Christian Moor

    Christian Moor

    Policy Advisor, Covered Bonds & Market Risk

    Christian Moor

    Christian Moor

    Policy Advisor, Covered Bonds & Market Risk

    European Banking Authority

    Christian Moor is Policy Advisor, Covered Bonds & Market Risk at the European Banking Authority (EBA).

    Christian joined the EBA in November 2010 and is responsible for regulation and policy issues on securitisation and covered bonds.  While at the EBA, he has been the main architect of the STS securitisation framework and has been one of the driving forces in the implementation of the STS framework into global standards and European regulation. He has also developed the best practice principles for European covered bonds legal frameworks in 2014.

    Prior to this position, Christian worked at De Nederlandsche Bank (DNB) as a banking supervisor and was responsible for prudential supervision on large and midsize banks in the Netherlands.  While at DNB he set-up and chaired a structured finance taskforce and was a member of the covered bonds team.

    From 2000 to 2008, he held various roles within structured finance and covered bonds at HSBC Bank, Fitch Ratings and Fortis Bank.  At HSBC, he was responsible for the origination and structuring of securitisation and covered bonds transactions in Benelux, Nordic region and Eastern Europe, while at Fitch he rated RMBS and Covered Bonds transactions across Europe and was a member of rating committees on RMBS, CLO, ABS, CMBS and Covered Bonds deals.

    Christian holds an MSc in Economics, from the University of Groningen, Netherlands.

Speakers

  • Kim Grönlund

    Kim Grönlund

    Dealer

    Kim Grönlund

    Kim Grönlund

    Dealer

    Aktia Bank

    Kim is a Dealer within the Treasury Department of Aktia Bank, Finland.  He joined the bank in 2000 and has worked in the treasury since 2007. Within the Treasury Department Kim is responsible for the bank treasury’s approximately €2 billion liquidity portfolio. He has also been involved in FX, IRS, repos, deposits, ECP, MP and liquidity management in the Treasury. Kim has worked in the financial industry for over 17 years.

    Kim earned a Master's degree in Finance from Hanken School of Economics in 2000 and has held CEFA designation since 2013.

  • Dominique Heckel

    Dominique Heckel

    Head of Long Term Funding 

    Dominique Heckel

    Dominique Heckel

    Head of Long Term Funding 

    La Banque Postale 

    Dominique is Head of Long Term Funding at La Banque Postale.  Hehas more than 20 years of experience in financial markets, starting his career at CPR Paris as Interest Rate Trader and then as Treasurer at the CMCIC Group and Dexia.

     Dominique joined La Banque Postale in 2007 as Deputy Head of the Treasury Department.

    Since 2013, he has overseen long term funding at La Banque Postale, covering all the issuing spectrum from covered bonds, through La Banque Postale Home Loan SFH, to capital.

    Dominique has a master’s degree in Economics and Finance.

  • Thomas Herbert

    Thomas Herbert

    Chief Investment Officer

    Thomas Herbert

    Thomas Herbert

    Chief Investment Officer

    Oddo Meriten Asset Management

    Thomas has been Chief Investment Officer at Oddo Meriten Asset Management GmbH, Germany since January 2014.  He is responsible for overseeing and further developing the firm’s entire investment management activities. As of September 2015, he has further been appointed Global Head of Fixed Income and Convertibles for Oddo Group’s Asset Management arm.

    Previously, Thomas was Head of Fixed Income Credit Investments at the Abu Dhabi Investment Authority (ADIA) in Abu Dhabi for eight years, where he was, inter alia, in charge of actively managed global credit portfolios and credit research. Prior to joining ADIA, he worked at Crédit Agricole Corporate & Investment Bank, supervising Credit and Fixed Income Research in London and Paris and served as Head of Credit Research at DZ Bank in Frankfurt. Thomas holds a master’s degree in Economics.

  • Richard Hopkin

    Richard Hopkin

    Managing Director, Head of Fixed Income, Capital Markets

    Richard Hopkin

    Richard Hopkin

    Managing Director, Head of Fixed Income, Capital Markets

    AFME

    Richard Hopkin is Head of Fixed Income and a Managing Director in AFME’s securitisation division. He joined AFME in June 2010 after a 20-year career in European securitisation during which he held leadership positions at J.P. Morgan, Deutsche Bank and Société Générale. He has originated, structured and distributed financings backed by a wide variety of asset classes including residential mortgages, credit cards, auto, consumer and SME loans, from across Europe, Australia and the US.

    Born and brought up in Wales, Richard read law at Cambridge University and before embarking on his banking career he qualified as a solicitor with leading international law firm Clifford Chance.

  • Oliver Hückel

    Oliver Hückel

    Director, Head of Financial Bond Trading

    Oliver Hückel

    Oliver Hückel

    Director, Head of Financial Bond Trading

    UniCredit

    Oliver is a Director and Head of Financial Bond Trading at UniCredit in Munich, focusing on Covered Bonds. 

    Before joining UniCredit, Oliver worked for more than 15 years as a Trader for covered bonds, lander and SSAs at Commerzbank AG in Frankfurt and Tokyo in various senior positions.  He was acting as Coordinator for Covered Bond and SSD Trading since 2013.

    Oliver is co-chair of the AFME Covered Bonds Board and holds a diploma degree in Business Administration from Hochschule für Bankwirtschaft/Frankfurt School of Finance & Management.

  • Sascha Kullig

    Sascha Kullig

    Head of Pfandbrief and Capital Markets

    Sascha Kullig

    Sascha Kullig

    Head of Pfandbrief and Capital Markets

    vdp (Association of German Pfandbrief Banks)

    Sascha Kullig has been Head of Capital Markets at the Association of German Pfandbrief Banks (vdp) since December 2003.

    After graduating in Economics at the Goettingen University, he worked as an nalyst in the financial sector at Bridge/Fokus Germany. He then moved to the Boersen-Zeitung, a German financial newspaper, where he worked in the capital markets section. 

  • Peter Jayaswal

    Peter Jayaswal

    Deputy Director and Head of Capital Markets and Statistics

    Peter Jayaswal

    Peter Jayaswal

    Deputy Director and Head of Capital Markets and Statistics

    The Association of Danish Mortgage Banks

    Peter is the Deputy Director and Head of Capital Markets and Statistics. Peter Jayaswal has been with the Association of Danish Mortgage Banks since 2009.

    Previous positions include Deputy Manager of Banking Services and Head of Central Bank and Retail Bank Operations, the Central Bank of Denmark (1999-2009), the Danish Ministry of Finance (1998-1999) and the Danish Federation of Small and Medium-Sized Enterprises (1995-1998).

    Further, Peter has also been teaching Civics at the University of Copenhagen and has been a visiting lecturer at Copenhagen Business School in Danish Economy.

    Peter Jayaswal holds a M.Sc. Degree in Economics at the University of Copenhagen (1993-1999) and a Master of Business Administration at Henley Business School (2011-2014)

  • Oscar Meester

    Oscar Meester

    Head Asset Based Funding

    Oscar Meester

    Oscar Meester

    Head Asset Based Funding

    BNP Paribas Fortis 

    Oscar has been Head of Asset Based Funding at BNP Paribas Fortis since 2008. Previously he worked at the securitisation departments of KBC Bank moving to Fortis Bank in 2002.  His main focus has been on mortgage loan securitisation in The Netherlands and Belgium, but has also covered other asset types and jurisdictions.

    Oscar has been deeply involved in the establishment of the Belgian covered bond legislation, which was voted in 2012. In 2016, he launched the BNP Paribas Fortis inaugural covered bond issuance.

    Oscar holds a master’s degree in Economics from the University of Brussels (Solvay Business School) and started his career as a currency option trader for Kredietbank (later KBC) in 1993.

  • Sabrina Miehs

    Sabrina Miehs

    Covered Bond Analyst

    Sabrina Miehs

    Sabrina Miehs

    Covered Bond Analyst

    Landesbank Hessen-Thüringen

    Sabrina is a Senior Covered Bond Analyst at Helaba.  She joined Helaba in 2013 to establish the bank’s covered bond research. She mainly covers covered bonds and their issuers from Germany, France and Spain and follows market and regulatory developments for Helaba’s clients, and is the author of Helaba’s covered bond publications.

    Before taking up her position at Helaba, Sabrina worked for 11 years at Standard & Poor’s. In her last position there as Deputy Analytical Manager, she took up responsibility for European covered bonds segments.

    During her career, Sabrina has been involved in rating covered bonds, developing criteria, publishing research commentaries and in market outreach. Until 2006, she rated structured transactions in a broad range of asset classes. Before joining S&P, Sabrina worked as a Credit Analyst in the structured export finance department of BHF-Bank, Frankfurt. 

    She holds a degree in Economics (BWL) from the private Frankfurt School of Finance & Management, Frankfurt and a Maîtrise en Ingénierie de la Banque, de la Finance et de l´Assurance of the Université de Caen

  • Götz Michl

    Götz Michl

    Managing Director, Head of Funding & Debt Investor Relations

    Götz Michl

    Götz Michl

    Managing Director, Head of Funding & Debt Investor Relations

    pbb Deutsche Pfandbriefbank

    Götz is Head of Funding & Debt Investor Relations at Deutsche Pfandbriefbank AG. Before his move to Deutsche Pfandbriefbank AG in 2010 he was Head of German Real Estate for The Royal Bank of Scotland (and ABN AMRO) in Frankfurt. In addition he was Managing Director of several property companies owned by RBS.

    Prior to joining RBS / ABN AMRO he worked for 10 years at HypoVereinsbank in different positions in the real estate and capital market area.

    Götz has studied Business Administration in Regensburg and has held lectures at the European Business School.

  • Jürgen H. Müller

    Jürgen H. Müller

    Fund Manager Covered Bonds and Credits – Financials 

    Jürgen H. Müller

    Jürgen H. Müller

    Fund Manager Covered Bonds and Credits – Financials 

    Bayern Invest

    Jürgen H. Müller a Fund Manager for Covered Bonds and Credits – Financials at Bayern Invest.

    Jürgen join Bayern Invest in 2009 and is based in Munich where he manages special funds for institutional investors. His primary focus is on Covered Bonds as well as on Financials.

    Jürgen gained a degree in business administration in 1996.  Following his studies, he started his career as a Trainee at Bayerischen Rück in Munich.  From 1999 onwards, he focused on the management of fixed income portfolios and European convertibles.

    In 2003 Jürgen moved to Swiss Re Asset Management Zurich and managed Sovereign bonds, Supranationals, Agencies and Covered Bonds. From 2005 onwards, he took over the new role of a Vice President for the Structured Products Team for Europe, responsible for Asset Backed Securities, CDOs/ CLOs and Covered Bonds.

  • Tim Ockenga

    Tim Ockenga

    Head of Investments

    Tim Ockenga

    Tim Ockenga

    Head of Investments

    German Insurance Association 

    Tim is the Head of the Investments Department at the German Insurance Association (GDV) in Berlin. He has worked for GDV since April 2011.

    Previously, Tim worked as an Insurance Analyst at Fitch Ratings in London and Frankfurt. Most recently he was Senior Director and Analytical Head for primary insurance analysis in Germany, Switzerland and Austria. He was also a member of Fitch’s global committee for the rating and the credit of hybrid capital bonds.

    Tim is a banking and business graduate, with main focus on financing and controlling.

  • Michael Schulz

    Michael Schulz

    Head of Fixed Income Research

    Michael Schulz

    Michael Schulz

    Head of Fixed Income Research

    NORD LB

    Michael is Head of Fixed Income Research at Norddeutsche Landesbank, NORD/LB, in Hanover.

    His team focuses on research for financials, covered bonds, public issuers and corporates for international professional investors. In addition, Michael’s team provides bond strategy and single bond recommendations for retail clients within the savings bank sector.

    Michael has 15 years of research experience and holds a master's degree in Business Administration from the University of Wales. Furthermore, he is Certified International Investment Analyst (CIIA), Frankfurt.  

  • Bill Thornhill

    Bill Thornhill

    Editor

    Bill Thornhill

    Bill Thornhill

    Editor

    The Cover

    Bill became Editor of The Cover in 2010, having previously worked at International Financing Review, where he was Assistant Editor on structured finance.

    Previously, Bill worked as an Economist and Bond Analyst with Thomson Financial and has more than 30 years financial market experience.

    He qualified from Lancaster University with a Masters in Business Analysis.

  • Chief Executive

    Chief Executive

    vdp

    Jens was appointed Chief Executive of the Association of German Pfandbrief Banks (vdp) in June 2009.

    Before joining vdp, Jens served as the Managing Director of the Association of Foreign Banks (VAB) in Germany from 2003 to 2009. Between 1998 and 2002, Jens held several positions for the Association of German Mortgage Banks – vdp’s predecessor organisation – in Bonn and Berlin. In his final role with the association, he headed the capital markets department.

    Jens studied economics, specialising in monetary macroeconomics and finance, and graduated in 1998. 

  • Ralf van Betteraij

    Ralf van Betteraij

    Head of Term Funding 

    Ralf van Betteraij

    Ralf van Betteraij

    Head of Term Funding 

    Van Lanschot Bankiers 

    Ralf is Head of Term Funding at Van Lanschot Bankiers.  He joined Van Lanschot, the oldest independent bank in the Netherlands, in 2004. Since 2007 he is working within the Treasury Department in various roles.

    In his current role as Head of Term Funding, Ralf structured the Van Lanschot Conditional Pass-Through Covered Bond Programme. Van Lanschot issued two successful euro denominated benchmark transactions out of the programme.

    Besides Covered Bonds, he and his team brought unsecured bonds, RMBS transactions to the market and they executed various liability management exercises. 

  • Victoria Webster

    Victoria Webster

    Director, Fixed Income 

    Victoria Webster

    Victoria Webster

    Director, Fixed Income 

    AFME

    Victoria is AFME’s Director of Fixed Income, having joined the association in November 2015. She is responsible for the AFME Primary Dealers, Credit and Covered Bond Boards, focusing on developments in regulation, policy and market structure. Victoria has more than 19 years of fixed income experience in banking, vendor sales, broking and market making. Prior to joining AFME, Victoria worked at Barclays Investment Bank in a role focused on fixed income electronic trading.