13th Annual European Government Bond Conference | afme

13th Annual European Government Bond Conference

12 - 13 Nov 2018 Sofitel Europe, Brussels

Speakers

Keynote speaker

  • Cornelia Holthausen

    Cornelia Holthausen

    Deputy Director General, Market Operations, European Central Bank

    Cornelia Holthausen

    Cornelia Holthausen

    Deputy Director General, Market Operations, European Central Bank

    Cornelia is Deputy Director General in the Directorate General Market Operations of the European Central Bank in Frankfurt after having been Principal Adviser in the same business area since 2012. She is responsible for issues related to the operational framework of the Eurosystem, including counterparty and collateral frameworks and liquidity management. She is also involved in interest rate benchmark reform.

    Prior to this, she was Head of the Financial Research Division of the ECB. Her own academic research focuses on the design of central banks’ operational frameworks, money markets, micro- and macro-prudential regulation of the financial sector, and the economics of payments.

    Cornelia graduated with a PhD in Economics from Pompeu Fabra University, Barcelona.

  • Karel Lannoo

    Karel Lannoo

    Chief Executive Officer, CEPS

    Karel Lannoo

    Karel Lannoo

    Chief Executive Officer, CEPS

    Karel is the Chief Executive of CEPS, one of the largest independent European think tanks, specialised in financial market regulation. Karel published some books and numerous articles in newspapers, specialised magazines and journals on general European public policy, and specific financial regulation and supervision matters.

    Karel is a regular speaker at conferences all-over Europe. He holds a baccalaureate in Philosophy (1984) and an MA in Modern History (1985) from the University of Leuven, Belgium and obtained a postgraduate in European studies (Centre d’Etudes européennes, CEE) from the University of Nancy, France (1986).

    He is also an independent board member of the Spanish securities exchange (BME) and of a Benelux-based publishing company.

     

  • Anne	Leclercq

    Anne Leclercq

    Director Treasury and Capital Markets, Belgian Debt Agency

    Anne	Leclercq

    Anne Leclercq

    Director Treasury and Capital Markets, Belgian Debt Agency

    Anne is Director of Treasury and Capital Markets and member of the Strategic Committee of 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. She is also in charge of the relationship with market participants, banks, peers and international institutions.

    Since February 2013 she 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 is on the board of 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 and Ghent University, in Belgium. She is also Graduate in Accounting and International Finance, Northwestern University, Chicago.

Speakers

  • Jouni	Aaltonen

    Jouni Aaltonen

    Director, Prudential Regulation Division, AFME

    Jouni	Aaltonen

    Jouni Aaltonen

    Director, Prudential Regulation Division, AFME

    Jouni is a director in AFME’s Prudential Regulation Division, leading the association’s work on several prudential dossiers in their European implementation. He also leads the GFMA’s work on several initiatives in relation to the Basel Committee and FSB work programmes, and he was recently seconded to Washington DC, where he worked on the US and global regulatory agenda. His current main focus areas are BCBS’s fundamental review of the trading book, FSB’s post-crisis reform evaluation framework, leverage ratio and operational risk.

    Jouni began his banking career in cash management, later advancing into product management and financial and regulatory advisory. His main focus areas have been on product management, balance sheet efficiency, liquidity risk and new business initiatives. He has also been involved with major projects including legal entity simplification and building financial and regulatory platforms.

    Jouni holds a master’s degree in International Business Administration.

  • Julian Allen-Ellis

    Julian Allen-Ellis

    Director, MiFID, AFME

    Julian Allen-Ellis

    Julian Allen-Ellis

    Director, MiFID, AFME

    Julian leads the cross-product MiFID/MiFIR Steering Committee at AFME. Julian has a broad product background in both fixed income and equities. Before joining AFME, Julian worked for Market Axess/TRAX in a senior sales and relationship management role responsible for market participants utilizing MiFID/MiFIR regulatory reporting and trade matching services.

    Prior to that, he was in senior relationship management in the prime services teams at JP Morgan and Bank of America Merrill Lynch, and prior to that as Head of Membership at the London Stock Exchange.

    Julian read Economics at The University of Reading and has an MBA from Henley Business School.

  • Herbert Barth

    Herbert Barth

    Senior Advisor, European Stability Mechanism (ESM)

    Herbert Barth

    Herbert Barth

    Senior Advisor, European Stability Mechanism (ESM)

    Herbert is a Senior Advisor at the ESM, concentrating on strategy, in particular funding and innovation related. He reports to Kalin Anev Janse, Member of the Management Board. Herbert joined the ESM in November 2014.

    Before this appointment and since 2010, Herbert was Head of Funding at the European Commission, Directorate General ECFIN. In this function he was in charge of all funding operations of the European Union in the capital markets during the financial crisis, in particular all EFSM – European Financial Stability Mechanism bond issues.

    From 2004 until 2010 Herbert acted as Head of Unit “Treasury and Borrowing” at the European Commission, Directorate General ECFIN. Herbert had joined the European Commission in 1984. Prior to his move to the European Commission, Herbert worked in Germany at the Ministry of Finance and at the Banking Supervision Office.

  • Emanuele Caloia

    Emanuele Caloia

    Managing Director, Head of International Rates Sales, Jefferies

    Emanuele Caloia

    Emanuele Caloia

    Managing Director, Head of International Rates Sales, Jefferies

    Emanuele is Head of International Rates Sales at Jefferies based in London, a position he has held since 2009.

    Previously he was working at Dresdner Bank as Managing Director- Global Head of Rates E-Trading & Sales with responsibility for the strategy, business development and operational infrastructure of rates electronic trading in the inter-bank and customer markets, both on proprietary and third-party platforms.

    He has also had previous experience at MTS Group (LSE) where he was responsible for the sales and marketing globally.

  • Michael Cartine

    Michael Cartine

    Senior Government Bond Analyst, International Financing Review

    Michael Cartine

    Michael Cartine

    Senior Government Bond Analyst, International Financing Review

    Michael is the Senior Government Bond Analyst with International Financing Review. He has analysed global fixed income markets for nearly 20 years.

    Michael provides widely read and renowned 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.

    Michael’s opening market comments and outlook for the day ahead, among others, are found daily on IFR’s Most Read Reuters News page.

     

  • Cristina Casalinho

    Cristina Casalinho

    Chief Executive Officer, Portuguese Treasury and Government Debt Agency (IGCP)

    Cristina Casalinho

    Cristina Casalinho

    Chief Executive Officer, Portuguese Treasury and Government Debt Agency (IGCP)

    Cristina is the CEO of the Portuguese Treasury and Government Debt Management Agency (IGCP) since September 2014, after being Executive Director in the Agency from June 2012 to September 2014.

    Previously, she was chief-economist at Banco BPI, a position she held for nine years, after occupying several positions at that bank.

    Cristina is an undergraduate in Economics by the Faculdade de Economia e Ciências Empresariais of Universidade Católica Portuguesa and has a MsC in Business by Universidade Nova de Lisboa.

  • Pablo de Ramón-Laca

    Pablo de Ramón-Laca

    Head of Funding and Debt Management, Spanish Treasury

    Pablo de Ramón-Laca

    Pablo de Ramón-Laca

    Head of Funding and Debt Management, 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; ensuring the market stability and liquidity of Spain's central government's debt stock; and managing the Treasury's relationship with other public sector entities, like the Autonomous Regions and the Electricity Deficit Amortisation Fund (FADE), with a view to establishing their capital-markets presence.

    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.

  • Giada Giani

    Giada Giani

    European Economist, Citi

    Giada Giani

    Giada Giani

    European Economist, Citi

    Giada is a Senior European Economist covering the Euro Area and, in particular, the Mediterranean countries within the 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.

    Giada graduated from the Catholic University of Milan in 1999 and she obtained her MSc Degree from the University of York, UK, in 2000.

     

  • Heinz Gunasekera

    Heinz Gunasekera

    Director, European Rates Trading Desk, Barclays

    Heinz Gunasekera

    Heinz Gunasekera

    Director, European Rates Trading Desk, Barclays

    Heinz is a Director on the European Rates Trading Desk at Barclays Capital, based in London. At Barclays he initially traded on the Strategic Trading desk with a rates/FX mandate before working for the head of European Credit Trading on legacy portfolio and risk management before moving to the European rates desk in a similar role.

    Heinz joined Barclays Capital in 2005 from CSFB where he was responsible for European rates strategy.  Prior to that, he worked for a total of nine years at Salomon Brothers/Citigroup and UBS in European rates research.

    Heinz graduated as a Diplom-Ökonom from the University of Augsburg and gained an M.A. in Economics from Wayne State University.

  • Natacha Hilger

    Natacha Hilger

    Director, Relationship Manager European DMO, Deutsche Bank

    Natacha Hilger

    Natacha Hilger

    Director, Relationship Manager European DMO, Deutsche Bank

    Natacha is a Director and Relationship Manager for European DMOs at Deutsche Bank. She joined Deutsche Bank’s Global Markets division in 1995 as a Trader. Since then she has covered several asset classes as a trader in Frankfurt and London, including Money Market Derivatives (DM, CHF, EUR), Floating Rate Notes, Corporates, SSA, Financials (EUR, USD, CHF), EUR T-bills and Government Bonds.

    Based on her longstanding experience in trading EUR government bonds, in 2016 Natacha was promoted to become Relationship Manager for all DMOs issuing in EUR where DB is a Primary Dealer.

    Natacha holds a Business master’s in Financial Mathematics, Banking, Financial Analysis.

     

  • Richard Hopkin

    Richard Hopkin

    Managing Director, Head of Fixed Income, AFME

    Richard Hopkin

    Richard Hopkin

    Managing Director, Head of Fixed Income, AFME

    Richard is Head of Fixed Income and a Managing Director in the Securitisation Division. He joined AFME in June 2010 after a 25-year career in the law and finance during which he held leadership positions at J.P. Morgan, Deutsche Bank and Société Générale.

    He has originated, structured and distributed securitisations funding the real economy through a wide variety of asset classes including 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 qualified as a solicitor with leading international law firm Clifford Chance.

     

  • Franck Motte

    Franck Motte

    Global Head of Euro Rates, HSBC

    Franck Motte

    Franck Motte

    Global Head of Euro Rates, HSBC

    Franck is currently the Global Head of Euro Rates at HSBC. Based in Paris, he joined HSBC in 2007. He manages the trading relationship for HSBC with all European DMO, Member of the ECB BMCG, Co-Chair of AFME Euro Government division.

    Franck has been working in the industry for the past 30 years, holding various positions in the Rate business within Natixis, Deutsche Bank and UBAF.

    He has a master’s degree from Institut Supérieur de Gestion in Paris where he graduates in 1986.

  • Angelo Proni

    Angelo Proni

    Head of New and Domestic Markets, MTS

    Angelo Proni

    Angelo Proni

    Head of New and Domestic Markets, MTS

    Angelo began his career in London working for the derivatives exchange LIFFE, where he spent 4 years before moving back to Milan where he worked for Deutsche Bank’s asset management and private banking divisions for 3 years.

    He joined MTS in early 1999 and has covered a series of positions – he initially led the projects for establishing the MTS domestic market companies across Europe and then moved on to become Head of Client and Market Relations. Following that, he spent a year as CEO of CoredealMTS, the corporate bond market and following the merger of CoredealMTS with EuroMTS, moved back to EuroMTS, where he was responsible for the launch of further MTS Cash interdealer markets, as well as leading several other strategic initiatives, such as the consolidation of European MTS domestic market companies and further the geographical expansion of LSEG fixed income services.

    He is currently Head of New and Domestic Markets for MTS, EuroMTS Membership Officer and a member of the Boards of MTS France and MTS Associated Markets (Belgium, Finland and Denmark). He graduated in Economics from Bocconi University in Milan.

  • Sir Robert Stheeman

    Sir Robert Stheeman

    Chief Executive, UK Debt Management Office

    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.

  • Victoria Webster

    Victoria Webster

    Director, Fixed Income, AFME  

    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.