11th Annual European Government Bond Conference | afme

11th Annual European Government Bond Conference

08 Nov 2016 Sofitel Europe, Brussels

Speakers

Keynote speaker

  • Sylvie Goulard MEP (ALDE)

    Sylvie Goulard MEP (ALDE)

    Sylvie Goulard MEP (ALDE)

    Sylvie Goulard MEP (ALDE)

    @goulardsylvie

    Sylvie has been an MEP since 2009. Re-elected in 2014 for the South East constituency of France, she sits in the group of the Alliance of Liberals and Democrats for Europe (ALDE). She is a member of the Economic and Monetary Affairs Committee (ECON), a substitute member of the Constitutional Affairs Committee (AFCO) as well as a substitute member of the Money laundering, tax avoidance and tax evasion Committee of Inquiry (PANA).

    She is president of the European Parliament Intergroup fighting against poverty which works to ensure that Europe's most deprived persons have a voice at the European level.

    After her law studies, and having graduated from Sciences Po and the Ecole Nationale d'Administration, Sylvie Goulard worked as a diplomat in the French Ministry of Foreign Affairs (legal affairs department/policy planning staff) as well as at the Conseil d'Etat.

    Between 2001 and 2004 she was political advisor to Romano Prodi, during his time as President of the European Commission.

    She is the author of Goodbye Europe (2016), 50 notions sur l’ Europe (2016), Europe: Amour ou chambre à part? (2013), De la démocratie en Europe (2012), co-authored with Mario Monti, L’ Europe pour les Nuls (2007, 3rd edition in 2014), winner of the European Book Prize 2009.

Speakers

  • Bergljot Bjørnson Barkbu

    Bergljot Bjørnson Barkbu

    Deputy Resident Representative to the European Union

    Bergljot Bjørnson Barkbu

    Bergljot Bjørnson Barkbu

    Deputy Resident Representative to the European Union

    International Monetary Fund

    Bergljot is the IMF’s Deputy Resident Representative to the European Union. She joined the IMF in 2004 after receiving a PhD in Economics from the European University Institute in Florence.  She has worked on the Italy and Ireland teams in the IMF’s European Department and has also held positions in the Strategy and Policy Review Department, working on crisis cases and policy issues such as debt sustainability and IMF lending facilities.

  • Francois-Xavier Boutillier

    Francois-Xavier Boutillier

    Head of core EGB trading

    Francois-Xavier Boutillier

    Francois-Xavier Boutillier

    Head of core EGB trading

    Crédit Agricole CIB

    Francois-Xavier is Head of Core EGB Trading at Crédit Agricole CIB, a position he has held since 2011. He started his career at Banque Paribas in January 1997, trading European strips and Spanish and Italian government bonds.  During this time Francois-Xavier participated in the creation of the Italian and Spanish strips markets.

    Francois-Xavier Joined Deutsche Bank in 2000 as a strip and EGB trader and started the Inflation-linked bond business. He moved to Barclays Capital in 2007 to develop the strips and EGB long-end business. He is a member of the Bond Market Contact Group at the ECB and a member of AFME’s Primary Dealers board.

    Francois-Xavier is engineer in Mathematics and Computer Science and has a MSc in International Finance from H.E.C Paris (France).

  • Enrico Bruni

    Enrico Bruni

    Managing Director, Head of Europe and Asia Business

    Enrico Bruni

    Enrico Bruni

    Managing Director, Head of Europe and Asia Business

    Tradeweb

    Enrico is Managing Director, Head of Europe and Asia Business at Tradeweb, and a member of Tradeweb’s executive committee. Enrico joined Tradeweb in 2002 and has been instrumental in developing the interest rate swaps business in Europe and Asia. Prior to joining Tradeweb, he was at J.P. Morgan where he worked on a number of business and product management roles across the markets division, with particular focus on their e-trading strategy. He has worked in J.P. Morgan’s London, New York and Milan offices. Enrico holds a business management degree from L. Bocconi University, Milan.

  • Michael Cartine

    Michael Cartine

    Senior European Government Bond Analyst

    Michael Cartine

    Michael Cartine

    Senior European Government Bond Analyst

    International Financing Review

    Michael has analysed global fixed income markets for nearly 20 years. He provides expert coverage on the various euro member economies, including profiles of their political frameworks, debt burdens, demographics, competitive standing, and their impact on relevant bond markets. Over this time, he has developed extensive industry contacts throughout the sales, trading and research community. His opening market comments and outlook for the day ahead, among others, are typically found daily on IFR’s Most Read Reuters News page.

  • Pablo de Ramón-Laca

    Pablo de Ramón-Laca

    Head of Funding and Debt Management Department

    Pablo de Ramón-Laca

    Pablo de Ramón-Laca

    Head of Funding and Debt Management Department

    Spanish Treasury

    Pablo was appointed Head of Funding and Debt Management at the Spanish Treasury in November 2013, a team he joined in September 2008. The Funding and Debt Management Department involves, among other tasks, devising and executing the Kingdom of Spain’s capital markets funding programme; marketing public debt with investors in Spain and in roadshows abroad; and supervising and regulating the Treasury's relationship with its twenty-three Primary Dealers in the Bonos and Letras Markets. Before joining the Spanish Treasury, he worked as an economist in the Bank of England's Financial Crisis Management Department. Pablo holds a BA (Hons) degree in Philosophy, Politics and Economics from the University of Oxford, and an MSc in Economics from the London School of Economics and Political Science.

  • Regine Doornbos-Neyt

    Regine Doornbos-Neyt

    Head of Cash Management, Issuance and Trading

    Regine Doornbos-Neyt

    Regine Doornbos-Neyt

    Head of Cash Management, Issuance and Trading

    Dutch State Treasury Agency

    Regine is the head of the department Cash Management, Issuance and Trading of the Dutch State Treasury Agency (DSTA). The DSTA executes the State’s funding and represents the State in financial markets. The DSTA is an integral part of the Ministry of Finance.

    Prior to her position as Head Cash Management, Issuance and Trading of the DSTA, Regine held several other positions within the Ministry of Finance, ranging from coordinator Technical Assistance to IMF/WB Constituency countries to deputy head at the Inspectorate of the Budget. She started her career as researcher at the University of Leuven (Belgium) working on the yield spreads between the primary and secondary market for Belgian Treasury Bills. Before joining the Ministry of Finance she worked a.o. as lecturer. She holds a Master’s of Science (Phd Master)-degree in Economics from the University of Leuven, Belgium.

  • Jeffrey Franks

    Jeffrey Franks

    Director and Senior Resident Representative to the European Union

    Jeffrey Franks

    Jeffrey Franks

    Director and Senior Resident Representative to the European Union

    International Monetary Fund

    @IMF_inEU

    Jeffrey is Director of the IMF Europe Office and Senior Resident Representative to the European Union, based in Brussels. A 23 year veteran of the Fund, he has held numerous other assignments, including heading the resident offices in Ukraine and Ecuador, and leading teams on Pakistan, Romania, France, Belgium, and Paraguay. He received his Ph.D. in Political Economy and Government from Harvard, and has Master’s degrees from Princeton and Oxford universities.

  • Giada Giani

    Giada Giani

    Senior European Economist

    Giada Giani

    Giada Giani

    Senior European Economist

    Citi

    Giada is a senior European economist covering the Euro Area and the Mediterranean countries within Citi Team in London.  The team produces weekly publications on European developments as well as thematic pieces on fiscal and monetary policy and politics.

    Giada joined Citi in January 2009. She previously spent three years with Lehman Brothers in London as an economist focusing on the inflation market as well as covering the Italian economy. Prior to that, she worked for four years as the Italian economist at Banca Intesa in Milan, Italy. Ms Giani graduated from the Catholic University of Milan in 1999 and she obtained her MSc Degree from the University of York, UK, in 2000.

  • Peter Grasmann

    Peter Grasmann

    Head of Unit DG FISMA

    Peter Grasmann

    Peter Grasmann

    Head of Unit DG FISMA

    European Commission

    Peter is a Head of Unit at the Euoprean Commission.  Peter studied economics and statistics at Munich University and University of California and holds a PHD in economics.  He was lecturer at Munich University and CalTech, and later an analyst and financial consultant at German Hypo-Bank and Merrill Lynch. 

    Peter joined the European Commission in 1991, initially to work on financial integration and capital movements, before working economic forecasting and subsequently on accession countries.  After a year of secondment to the ICO in Kosovo he returned to the Commission as Head of Unit for "Financial markets and infrastructure".  Since 2014, he is Head of unit ("EU/EA financial system") in DG FISMA.

  • Asgeir Haugland

    Asgeir Haugland

    Head of Fixed Income Portfolio Positioning

    Asgeir Haugland

    Asgeir Haugland

    Head of Fixed Income Portfolio Positioning

    Norges Bank Investment Management

    Asgeir joined Norges Bank Investment Management (NBIM) in October 2002 as an Assistant Portfolio Manager. Since then he has had various roles and responsibilities within management of the Fixed Income asset class in NBIM. Currently he is Head of Fixed Income Portfolio Positioning within the Asset Strategies department. Asgeir has a Master’s degree in Business from the Norwegian School of Economics (NHH).

  • Francesco Guerrera

    Francesco Guerrera

    Associate Editor, Chief Financial Correspondent

    Francesco Guerrera

    Francesco Guerrera

    Associate Editor, Chief Financial Correspondent

    POLITICO

    @guerreraf72

    Francesco has worked in London, Brussels, Asia and the US. After graduating from City University in London with a first-class degree in journalism and economics, Francesco worked for Building Magazine and AFX News before joining the business section of the Independent. He subsequently joined the Financial Times where he worked for nearly 10 years, serving as the paper’s European correspondent in Brussels, Asia financial correspondent in Hong Kong, and as business and finance editor in New York, where he covered the financial crisis of 2008-2009.

  • Anne Leclercq

    Anne Leclercq

    Director Treasury & Capital Markets

    Anne Leclercq

    Anne Leclercq

    Director Treasury & Capital Markets

    Belgian Debt Agency

    Anne is Director Treasury and Capital Markets at the Belgian Debt Agency of the Kingdom of Belgium.  

    She is responsible for defining the financing strategy for the Kingdom and carrying out the annual funding program. Anne is also in charge of the relationship with market participants, banks, peers and international institutions.

    Since February 2013 Anne has been nominated chair of the EU Sovereign Debt Markets (ESDM) Committee, a Subcommittee of the Economic Financial Committee (EFC) of the EU. She is also member of the Steering Committee of the Public-Sector Issuer Forum and of various OECD working groups on debt management.

    Anne holds a mandate as director in various organizations, amongst which the University of Leuven.

    Prior to joining the Belgian Debt Agency, she held various positions in the Treasury and Capital Market departments of major banks both in Brussels and abroad.

    Anne holds a law degree of the Catholic University of Leuven and an MBA from Vlerick Business School, Leuven - Ghent University, in Belgium. She is also Graduate in Accounting and International Finance, Northwestern University, Chicago.

  • Jan Lundstrom

    Jan Lundstrom

    Managing Director, Head of Euro Rates Trading

    Jan Lundstrom

    Jan Lundstrom

    Managing Director, Head of Euro Rates Trading

    Barclays

    Jan is Head of Euro Rates Trading at Barclays, based in London.

    He is responsible for the leadership and overall performance of the European Government Bond and Euro Interest Rate Swap desks.  Jan also has responsibility for Scandinavian and Swiss Rates trading and in 2016, took on global responsibility for Rates e-trading strategy.

    Jan joined Barclays in 2000 as a Euro interest rate swap trader. He went on to assume responsibility for the Euro interest rate swaps team in 2013, adding European Government Bond trading to his responsibilities in 2014. 

    He graduated with a BSc in Economics from the London School of Economics.

  • Stefano Mazzocchi

    Stefano Mazzocchi

    Director, Advocacy and Deputy Head, Brussels

    Stefano Mazzocchi

    Stefano Mazzocchi

    Director, Advocacy and Deputy Head, Brussels

    AFME

    Stefano is Director for Advocacy at AFME's Brussels Office.  Stefano has spent two years (2010-2011) as a Policy Advisor in the Regulatory Affairs Department at the Institute of International Finance in Washington DC. Prior to his work at the IIF, for six years Stefano has worked for Intesa Sanpaolo's International Regulatory and Antitrust Affairs office as a Regulatory Advisor. He spent five years at the European Parliament (1999-2004) as an Economic Advisor in the Economic and Monetary Affairs Committee. In recent years, he has also been a regular contributor for a number of Italian newspapers on key political and regulatory developments in the EU. Stefano is an economist by training. He has a degree in Economics from the Università Politecnica delle Marche and a Master in Finance from Solvay Business School - Université Libre de Bruxelles.

  • Franck Motte

    Franck Motte

    Managing Director, Global Head of Euro Rates

    Franck Motte

    Franck Motte

    Managing Director, Global Head of Euro Rates

    HSBC

    Franck has been in the banking industry for almost 30 years in trading. Within HSBC for more than 9 years, he has been running the Eurorate platform for 6 years. Prior to HSBC, Franck Motte has been running various Trading Roles at Natixis, Deutsche Bank, UBAF.

  • Stefan Nanu

    Stefan Nanu

    General Director, Treasury and Public Debt Department

    Stefan Nanu

    Stefan Nanu

    General Director, Treasury and Public Debt Department

    Ministry of Public Finance of Romania

    Stefan is currently the General Director of Treasury and Public Debt Department in the Ministry of Public Finance of Romania coordinating the debt an cash management in the Ministry across the three departments involved: front office, back office and middle office. His main activities are related to sovereign borrowings from the external and domestic markets, sovereign guarantees, sovereign risk management, servicing government debt, debt management strategy, cash management, management of the treasury single account of the treasury and the interbanking electronic payments. 

    Previously he was Advisor to the Dutch Executive Director (2009-2011) and Alternate Executive Director (2011-2013) in the Dutch Constituency Office, World Bank - representing thirteen countries (Armenia, Bosnia Herzegovina, Bulgaria, Croatia, Cyprus, Georgia, Israel, Macedonia, Republic of Moldova, Montenegro, Netherlands, Romania, Ukraine). In the Constituency Office he covered mostly the issues regarding WB strategy, treasury operations, risk management, budget, corporate governance, pricing, net income allocation as well as WB's operations in ECA (Europe and Central Asia) countries.

    Stefan is also Board Member of the Guarantee Fund for Insurers (starting with September 2015), Member of General Assembly of Shareholders of the National Guarantee Fund for SMEs lending (starting with October 2013) and Member of the Supervisory Board of Romanian Bank for Credits and Investments (starting with February 2014). Stefan is also the Romanian Alternate Member of Economic and Finance Committee (EFC Alternates) and Member of the European Securities Debt Market Sub-Committee. He holds also a BA in Economic Cybernetics and Forecasting and a MD in Management of Public Institutions, at Academy of Economic Science.

  • Thomas Olofsson

    Thomas Olofsson

    Director and Head of Debt Management

    Thomas Olofsson

    Thomas Olofsson

    Director and Head of Debt Management

    Swedish National Debt Office 

    Thomas is Director and Head of Debt Management at the, Swedish National Debt Office. He joined the Debt Office in 2001. Prior to joining the Debt Office, he was Director at the Ministry of Finance, Department of Financial Markets and Institutions during 1999-2001. He was also Chief Economist at Alfred Berg, Fixed Income/ABN Amro Stockholm, from1994-1999.

    Earlier in his career, Thomas worked at different departments at the Ministry of Finance. In 1991, he was Head Secretary in the Swedish Central Bank Commission. He received a BA in Economics and took the post graduate program in Economics at University of Uppsala.

  • Pablo Portugal

    Pablo Portugal

    Director, Advocacy 

    Pablo Portugal

    Pablo Portugal

    Director, Advocacy 

    AFME

    Pablo Portugal is Director at AFME’s Public Policy and Advocacy Division, based in Brussels. His main focus is analysis and engagement across Europe on capital markets and securities regulation, market liquidity, bank structural reform and shadow banking. Prior to joining AFME, Pablo was engaged for six years with the Institute of Chartered Accountants in England and Wales, where he worked on a number of financial reporting, auditing and financial sector areas. His previous experience includes roles in Brussels-based policy organisations and the United Nations. He has contributed to various business and finance publications and speaks English, Spanish, French and Italian. Born in Peru, he holds a BSc Econ (first class) from the University of Wales, Aberystwyth, and a Masters Degree (with distinction) from the London School of Economics.

  • András Réz

    András Réz

    Deputy Chief Executive Officer

    András Réz

    András Réz

    Deputy Chief Executive Officer

    Government Debt Management Agency, Hungary

    András graduated in economics and sociology in 1989 and earned a PhD in economics in 1993 from the Budapest University of Economics. He was a director in the Hungarian Ministry of Finance responsible for financial institutions, bankruptcy regulation and debt management. András joined the Government Debt Management Agency in 1995 and was promoted to be the Head of Planning, Research and Risk Management Department (Middle Office) in 2001, and was responsible for preparing the debt management strategy, setting up benchmarks and annual financing plans, risk management and research. He became deputy CEO of ÁKK in May 2015, and his responsibilities also include Back Office operations.

  • Zoeb Sachee

    Zoeb Sachee

    Managing Director, Head of Euro Government Bond and SSA Trading 

    Zoeb Sachee

    Zoeb Sachee

    Managing Director, Head of Euro Government Bond and SSA Trading 

    Citi

    Zoeb joined Salomon Brothers in 1990 and started his career trading European Government Bonds. He was promoted to run the desk and nominated Managing Director in 1995.

    After the merger with Citigroup and the launch of the single currency, Zoeb was offered the opportunity to run the Interest Rate Sales business in Europe, a position he held until December 2008. In January 2009, he moved back to head Euro Government Trading, to enhance Citi's presence in this market. In 2010 and 2011, Zoeb was also responsible for the US Government Trading Desk.

    Zoeb graduated from Cambridge University with an MA in Economics.

  • Vincenzo Scarpetta

    Vincenzo Scarpetta

    Senior Policy Analyst

    Vincenzo Scarpetta

    Vincenzo Scarpetta

    Senior Policy Analyst

    Open Europe

    @openeurope
    @LondonerVince

    Vincenzo joined Open Europe at the end of 2009, first in Brussels and then in London. During his time at Open Europe, he has written extensively about EU financial services regulation and supervision – particularly with regard to asset management. He also specialises in the politics and economics of Southern Europe and is a regular commentator in print and broadcast media across Europe.

    Prior to joining Open Europe in 2009, Vincenzo gained work experience at the Italian Ministry of Foreign Affairs. An Italian native, he is fluent in French and Spanish, and speaks German. He has also worked as a musician, and holds a diploma in classical piano from the Conservatory of Music of Avellino - his home town in Italy.

  • Torsti Silvonen

    Torsti Silvonen

    Deputy Director General DG, Market Operations

    Torsti Silvonen

    Torsti Silvonen

    Deputy Director General DG, Market Operations

    European Central Bank

    Torsti Silvonen is the Deputy Director General of the Directorate General Market Operations at the European Central Bank. His responsibilities include the ECB’s activities in the areas of short-term market reporting, FX markets, own funds, pension fund and foreign reserve management as well as for planning, coordinating and executing the implementation of the ECB’s asset purchase programmes including the related settlement and IT-services.

    Torsti has been at the ECB from its outset and previously spent two years in Bahrain acting as an Advisor to the Central Bank of Bahrain. He started his central banking career as a Bank Risk Analyst and Portfolio Manager at the Central Bank of Finland.  Torst has a M.Sc. from the Helsinki School of Economics and Business Administration.

  • Sir Robert Stheeman

    Sir Robert Stheeman

    Chief Executive

    Sir Robert Stheeman

    Sir Robert Stheeman

    Chief Executive

    UK Debt Management Office

    Sir Robert was appointed Chief Executive of the United Kingdom Debt Management Office in January 2003. The DMO was established as an executive agency of HM Treasury in April 1998 to carry out government debt management (issuing gilts and managing the gilts market) and cash management (balancing the government’s daily cash needs by issuing treasury bills and other transactions in the sterling money markets). The UK Debt Management Office assumed responsibility for debt management on 1 April 1998 and for cash management on 3 April 2000. 

    Sir Robert was born and educated in the UK.  He joined Vereins-und Westbank AG in Hamburg as a trainee in 1979 and completed his bank business degree at the Hamburg Chamber of Commerce in 1982.  From 1983 to 1985 he was regional manager in the correspondent banking and international lending division of Vereins-und Westbank AG in Hamburg. From 1986 until 2002 Sir Robert held a number of positions with Deutsche Bank AG in Frankfurt and London.  Between 1991 and 2002 he was a director in the debt capital markets group, specialising in debt issuance strategies for sovereign, state, supranational and major corporate borrowers in Europe, North America and Australia. Sir Robert received a knighthood in the Queen’s New Year’s Honours List 2016.

  • Tanguy van de Werve

    Tanguy van de Werve

    Managing Director, Advocacy, Brussels

    Tanguy van de Werve

    Tanguy van de Werve

    Managing Director, Advocacy, Brussels

    AFME

    Tanguy is Managing Director, Advocacy and joined AFME in October 2015. He is head of AFME’S Brussels office. He has 20+ years of financial services experience, of which 15 in the EU interest representation field. Previously he was Director General of Leaseurope and Eurofinas, the European Federations representing the leasing and consumer credit industries respectively. Under his nine-year directorship, the two organisations underwent a complete transformation and became credible, respected and effective trade associations.

    Prior to joining Leaseurope and Eurofinas Tanguy was Head of the Financial Markets and Banking Supervision Department of the European Banking Federation. Between 1995 and 2000 Tanguy worked as Legal Adviser in the Financial Markets Division of Dexia Bank. He started his career at Euroclear, the Brussels-based ICSD. He holds degrees in Law, Political Sciences and International Relations and Financial Risks Management. Since 2006 he has been non-Executive Director of two Belgian investment funds.

  • 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.

  • Ruben Winnink

    Ruben Winnink

    Head of Trading

    Ruben Winnink

    Ruben Winnink

    Head of Trading

    APG Asset Management/APG Treasury Center

    Ruben joined in 2008; multi-asset trading team, responsible for implementation of APG’s pension funds clients’ asset investments and overlay programs; principal management of interest rate derivative exposures.