FT - MIGA Summit: Managing Global Political Risk
 
 
Andrew Burns
Acting Director, Development Prospects Group
The World Bank

Andrew Burns is Acting Director of the World Bank’s Development Prospects Group, which is responsible for the Bank’s global macroeconomic forecasts and long-term scenario analysis. Under his management, the Group produces two of the World Bank’s flagship reports, Global Economic Prospectsof which Burns is the lead author,and Global Monitoring Report.

Before joining the World Bank, MrBurns was Head of Desk for Czech Republic, Hungary, Poland and France at the Organization for Economic Co-operation and Development (OECD), where he supervised and wrote the OECD's Economic Surveys for these countries. He also played a lead role in the OECD's Jobs Study, overseeing the evaluation of labor market policies in each of the organization's 30 member countries. Prior to joining the OECD, MrBurns worked at the Economic Council of Canada where he wrote on labor market and macroeconomic issues. Burns holds degrees from the University of Manitoba and McGill University in Canada.
 
David Cardoso
Rates & Credit Trading
Deutsche Bank

David Cardoso joined Deutsche Bank AG in 2006 as a structurer with focus in Peripheral Europe and has been trading illiquid securities since 2010. From 2001 to 2005 he worked in Market Risk Management for Caixa Geral Depositos and Banco Espirito Santo in Lisbon. Mr. Cardoso has a Masters in Finance from London Business School. He also holds a degree in Mathematics from the Technical University of Lisbon.

 
Tina Fordham
Managing Director, Senior Global Political Analyst
Citi Research

Tina Fordham is among the first dedicated political analysts to work on Wall Street and has been named in the Top 19 Economists/Political Analysts on Wall Street and the Top 100 Women in Finance. 

She joined Citi in 2003 and as Senior Global Political Analyst and head of Citi's Political Analysis unit, focuses on the implications of macro political developments for companies and investors.

Additionally, Ms. Fordham is a member of the World Economic Forum’s Geopolitical Risk Council, a fellow of the Aspen Institute’s Socrates Society, a member of Chatham House and Senior Research Fellow, King's Centre for Risk Management, King's College, London.

Previously she served as Senior Adviser in the UK Prime Minister's Strategy Unit and was Director of Global Political Risk at the international consultancy Eurasia Group.

Ms. Fordham has a Master's degree in International Affairs from Columbia University's School for International Public Affairs.
 
Katerina Fytatzi
Political Risk Analyst
Oxford Analytica

Katerina Fytatzi leads political risk analysis at Oxford Analytica, where she specialises inthreat identification, cyber security and terrorism. She has a regional focus on North Africa, and manages Oxford Analytica’s Global Risk Monitor, which tracks the main global macroeconomic and geopolitical risks in the year ahead. She is also involved in the creation of a quantitative project designed to assess the value of political risk.

Previously Ms. Fytatzi worked at Pilgrims Group, where she assessed global security threats and the impact of political developments in emerging conflict environments and fragile states, and at the Consulate General of Greece in Boston. She holds an MA in International Relations from the Department of War Studies, King’s College London, and a BA in International Relations from Boston University.  She is fluent in English and Greek, and can work in French.

 
Conor Healy
Senior Risk Management Officer
Multilateral Investment Guarantee Agency (MIGA)

Conor Healy is Senior Risk Management Officer in the Economics and Policy Group of the Multilateral Investment Guarantee Agency, the political risk insurance arm of the World Bank Group.

Mr Healy has worked as an economist at KPMG, where he was a manager in the London Transfer Pricing Group and was the senior financial sector transfer pricing expert for KPMG’s entire European operation.

Prior to this he worked as an economist at Lehman Brothers, looking at the European economies. He has authored and presented papers at academic and professional conferences, looking at regional macroeconomic risk as well as at topics such as monetary policy, intellectual property, and business cycle theory.

Mr Healy has a PhD from Princeton University, as well as an MSc from the London School of Economics and a BA (First Class) from Trinity College, Dublin.
 
Keiko Honda
Executive Vice President
Multilateral Investment Guarantee Agency (MIGA)

Keiko Honda is the Executive Vice President of the Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group.

Previously, Ms. Honda was the first female senior partner in Asia at McKinsey & Company. There, she advised financial institutions on matters related to corporate finance, corporate strategy, and business development.

Prior to joining McKinsey, Ms. Honda worked for Bain & Company and Lehman Brothers. Ms. Honda also served as a visiting associate professor at Hitotsubashi University’s business school and as a lecturer at Chuo University’s business school.

She has served on a number of Japanese government committees under several administrations, including the Council of Regulatory Reform. She was the Vice Chair of the Committee on the Promotion of Economic Partnership Agreements and Free Trade Agreements for Keizai Doyukai, the Japanese association of corporate executives.

Ms. Honda has authored and co-authored several books, including M&A and Alliance Strategy and Turnaround.

She holds a bachelor’s degree in consumer economics from Ochanomizu University and an MBA from the University of Pennsylvania’s Wharton School, where she was selected as a Fulbright Scholar.

 
Daniel Markaity
Managing Director and Head of the Global Debt Transactions Group
Jefferies LLC

Daniel Markaity is a Managing Director and Head of the Global Debt Transactions Group at Jefferies LLC. He joined Jefferies in February 2009 and founded the Global Rates Sales and Trading business for Jefferies & Co. Jefferies LLC is a full-service global investment bank with an extensive Fixed Income division and a major presence in Rates, Mortgage Backed Securities (MBS), Credit, Emerging Markets, and High Yield. 

Mr. Markaity has more than 31 years of experience in Fixed Income Sales and Trading. Prior to joining Jefferies, he spent his entire career at Merrill Lynch & Co., where he was most recently Head of Global Public Credit responsible for the trading, syndication, and capital markets coverage globally for debt issued by U.S. Government Agencies, Supranationals, and Sovereigns. Mr. Markaity joined Merrill Lynch in 1981 and initially worked as a U.S. Government Bond Trader.

Mr. Markaity received his MBA in Finance and International Business from Columbia Business School in 1981 and earned his BA in Business from Michigan State University in 1976.
 
Lynn Maxwell
Managing Director, Structured Finance
HSBC Bank plc

Lynn Maxwell, Managing Director, Structured Finance, HSBC Bank plc. Lynn is responsible for HSBC’s structured finance (flow securitisation) team EMEA and auto ABS globally. Lynn’s team originate, structure and distribute Western European, CEE, US, Canadian, Chinese and LatAM auto loan and lease, residential mortgage, consumer loan, SME loan, CLO and credit card backed securitisations. Lynn has provided financial advisory services to European regulators on SME and corporate secured lending initiatives. Prior to joining HSBC in 2005, Lynn worked in the flow securitisation team at BNP Paribas for 5 years. Previously, she was a senior associate in the securitisation team at Clifford Chance, London. Lynn holds a B.A. (hons, Political Science) from McGill University, LL.B. from the University of Western Ontario and a D.E.A. of Comparative International Public Law from the Universite de Paris I (Pantheon-Sorbonne). She is a member of the Law Society of England and Wales and the Law Society of Upper Canada.

 
Sophie Nappert
Independent Arbitrator and Solicitor
Supreme Court of England and Wales

Sophie Nappert is described in the legal directories as “a first-rate lawyer and one of the top new-generation arbitrators.”  She is a dual-qualified lawyer in Canada and in the UK, and an arbitrator in independent practice, based in Gray’s Inn, London.  Ms. Nappert specialises in international disputes, notably concerning energy, infrastructure, natural resources and crossborder investment.  Before becoming a full-time arbitrator, she was Head of International Arbitration at a global law firm.

Ms. Nappert is trained and has practised in both civil law and common law jurisdictions. 
She was peer-nominated as Moderator of OGEMID, the leading online discussion forum on current issues of international investment law, economic law and arbitration.  She is ranked in Global Arbitration Review's Top 30 List of Female Arbitrators Worldwide and listed in the International Who's Who of Commercial Arbitration. 

Ms. Nappert sits on the Executive Committee of the Swedish Arbitration Association and is 
a member of several working groups on international arbitration law and policy.  She is the legal adviser to the European Parliament’s informal working group on risk management in EU policy.

Ms. Nappert is the author of a Commentary on the 2010 UNCITRAL Arbitration Rules: A 
Practitioner’s Guide (Juris, 2012), and a regular speaker at conferences and seminars on issues of international arbitration, international investment law and dispute resolution.  She is a guest lecturer at Columbia Law School, Harvard Law School and McGill University Faculty of Law.

 
Roland Nátrán
Chief Executive Officer
Hungarian Export-Import Bank (Eximbank) and Hungarian Export Credit Insurance (MEHIB)

Overseen by the Ministry for National Economy, Eximbank and MEHIB perform the tasks of Hungary’s export credit agency, which are regulated by the legislative frameworks of the OECD and the EU, with the basic objective of facilitating the sale of Hungarian goods and services in foreign markets.
 
Before joining Eximbank and Mehib, Mr Nátrán held several positions in the Ministry for National Economy (and its predecessor, the Ministry of Finance), including Senior Economist, Head of the Financial Policy Department, and finally Deputy State Secretary for Financial Policy Affairs responsible for macroeconomic, financial regulation and IFI issues.
 
Mr. Nátrán holds a master’s degree from University of Pécs, Faculty of Economics and Business Administration and from Pázmány Péter Catholic University Budapest, Faculty of Law.


 
Will Pearson
Director
Eurasia Group

Will Pearson focuses on identifying risks and opportunities facing commodities markets and investments in the power and gas sectors—industries that are heavily influenced by geopolitics, policy, and regulation. While his coverage is global, the bulk of his work is on the US, EU, China, and India. Mr Pearson is also a co-head Eurasia Group’s London office.

Prior to joining Eurasia Group in 2008, Mr Pearson was a senior analyst in the power market advisory group at Pace Global, an energy consultancy, where he advised clients on the economic viability of power generation projects in markets worldwide. Before Pace, he worked on the electricity trading desk at Sempra Energy Solutions, a retail energy supplier. He has written articles on clean technology and shale gas in publications such as the Financial Times and Foreign Policy, and has frequently featured as a guest speaker or panel moderator at conferences and roundtables across the EU and US. In addition, Mr Pearson appears regularly in the media, with television appearances on networks such as BBC, Bloomberg, and CNBC and frequently provides commentary for publications including the Financial Times, Forbes, Wall Street Journal, and the Washington Post.

Mr Pearson holds an MA from UC San Diego’s School of International Relations and Pacific Studies, and a BA in History and Business from James Madison University.
 
Martin Sandbu
Economics Leader Writer
Financial Times

Martin Sandbu has been the FT’s Economics Leader Writer since 2009 and is currently on book leave . As part of the leader writing team he has contributed to shaping the FT’s editorial line, with particular responsibility for international economic policy questions such as the eurozone sovereign debt crisis and the remaking of global financial regulation. He also contributes occasional longer pieces to the FT’s features and news pages.
 
Prior to joining the FT Mr Sandbu worked as an academic researcher and policy adviser on topics in economics, political economy, and philosophy. He spent two years at Columbia University as a postdoctoral fellow in economic development, then three years as a lecturer in ethics and corporate responsibility at the Wharton School (University of Pennsylvania). He remains a non-resident Senior Research Fellow at Wharton’s Zicklin Center for Business Ethics Research. His Wharton business ethics lectures were published in book form by Pearson Prentice Hall as Just Business: Arguments in Business Ethics in 2011.
 
Mr Sandbu holds a B.A. in Philosophy, Politics and Economics from Balliol College, Oxford University, and completed a Ph.D. in Political Economy and Government at Harvard University in 2003. He appears regularly on the radio, as well as occasionally appearing on television.


 
Olga Sclovscaia
Finance Sector Manager
Multilateral Investment Guarantee Agency (MIGA)

Olga Sclovscaia is the Sector Manager for Finance and Telecommunications at the Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group. Since joining MIGA in 2000, Ms Sclovscaia has worked in a broad range of projects worldwide, primarily in the finance, agribusiness, and manufacturing sectors. She has built extensive experience in underwriting complex projects and advising clients on mitigating political risks to their planned investments in emerging markets.

Prior to joining MIGA, Ms Sclovscaia worked in the Structured Finance Department of ABN Amro Bank in Amsterdam, the Netherlands. Her professional experience includes positions with multinational private sector companies in Moldova in the areas of finance and public relations.

Ms Sclovscaia holds a master’s degree in econometrics from Plekhanov Economic Academy (Russia), a master’s degree in public administration from the University of Missouri, and a master’s degree in international finance from the University of Amsterdam.
 
Ravi Vish
Director and Chief Economist
Multilateral Investment Guarantee Agency (MIGA)

Ravi Vish is the Director of the Economics and Sustainability Group and Chief Economist at the Multilateral Investment Guarantee Agency, a member of the World Bank Group. MIGA provides political risk insurance to investors and lenders. Mr Vish oversees teams responsible for assessing project and country risks, development impact, political risk research, and environmental, social and reputational risks.

Mr Vish has thirty one years of experience encompassing private equity, investment banking, project finance, and political risk insurance. He previously held senior positions with the World Bank Group’s International Finance Corporation, as Chief Financial Officer in Global Financial Markets, Chief Investment Officer/Manager in Global Information Communications and Technologies, and Chief Investment Officer in Asia Financial Markets. Mr Vish was also Director and Senior Portfolio Advisor at DuPont Capital Management, and CEO and Chairman of the Investment Committee at WestLB Mellon Asset Management (USA). Mr Vish has also served as Director and Head of Corporate Finance at Natwest Markets in Indonesia, as well as at ING Barings in India. He also worked at the Liberian Bank for Development and Investment in Monrovia and Mellon Bank.

Mr Vish holds an MBA from the Wharton School, a M.S. in Computer Science from the University of Pennsylvania, and an MBA from the Indian Institute of Management. His B. Tech (Mechanical Engineering) is from the Indian Institute of Technology. He is the author of a book entitled “The Political, Economic, and Labor Climate in India.”
 
Jan Martin Witte
Senior Project Manager, Energy + Environment Africa (LAd4)
KfW Entwicklungsbank
Jan Martin Witte is a Senior Project Manager in the Division for Infrastructure for East and Southern Africa of KfW Entwicklungsbank. His team has been involved in a series of African ground breaking infrastructure deals, among others the concessioning of the Kenya-Uganda Railway, EASSy Submarine Cable, Namibia's Caprivi Link Interconnector, and Bujagali HPP. Currently, his team focuses on several innovative projects: (i) the GET FiT Program (Uganda) promotes a series of smaller IPP projects by applying a comprehensive package of interventions. (ii) Supporting the governments of Burundi, Ruanda and DRC in setting up and financing the Ruzizi HPP together with a set of regional transmission lines. (iii) Helping to harness the huge potential for generation of power from geothermal resources in the East African Rift Valley through a risk mitigation package.

Before joining KfW in 2009, Dr. Witte was co-founder and Associate Director of the Global Public Policy Institute (GPPi) in Berlin, Germany. He still serves as a non-resident fellow for GPPi, as well as a non-resident fellow for the American Institute for Contemporary German Studies (AICGS) of Johns Hopkins University.

Dr. Witte has published widely on issues of energy policy, international development, UN reform, global governance, and transatlantic relations, most recently "Global Energy Governance: The New Rules of the Game" (Washington, DC: Brookings Press, 2010), and "50 Jahre OPEC: Kartell zwischen Macht und Ohnmacht" (Munich: Hanser Verlag, 2010).

Dr. Witte holds a PhD and MA in international relations and international economics from the Nitze School of Advanced International Studies of Johns Hopkins University. He also received a diploma in political science from the University of Potsdam.
 
Yves Zlotowski
Chief Economist
Coface

Yves Zlotowski joined COFACE in 2001 as a senior economist on Emerging Asia and CIS and has been a Chief Economist there since 2007. He also contributes to several academic and specialist journals.

From 1992 to 1994, Mr. Zlotowski worked at the French Embassy in Uzbekistan as part of his military service. He then held a consultant position at the Caisse des Dépôts et Consignations. From 1995 to 1997, Mr. Zlotowski was an economist for the Financial Agency of the French Embassy in Moscow. He held a consultant position at CERI and at CAP from 1998 to 2000; then, from 2000 to 2001, he worked at Crédit Agricole Indosuez (Paris) as an economist in the country risk department.

Mr. Zlotowski has a PHD in economics from the University of Paris X Nanterre. He also holds two Masters Degrees from the University of Paris I, one in monetary economics and one in international relations. Mr. Zlotowski has been teaching international economics to Masters Degree students at the University of Paris Dauphine since 2003.