MARCO BOLGIANI CAREER BACKGROUND

Size: px
Start display at page:

Download "MARCO BOLGIANI CAREER BACKGROUND"

Transcription

1 MARCO BOLGIANI PROFILE Proven experience gained at major banking groups as Intesa Sanpaolo and UniCredit, until the position of Head of International Subsidiary Bank Division ISP (11 subsidiary banks, staff, 2.2 b revenue and 45 b of assets). Driving successful overall processes for bank restructuring and international projects for the development of the core business (set up Group Transaction Banking from scratch; 2.2 b revenue, in 22 countries, 50% PBT), able to devise innovative strategies aimed to global expansion and to revenue growth (grown asset management business from 37th to 10th largest company in Italy). Managerial and analytical approach in wide perspectives and in the management of each process, where the evaluation and optimization of the performance levels represent the core of my own directive role. PROFESSIONAL SKILLS & PERSONAL HIGHLIGHTS General Management - Transaction Banking Securities Services Private Banking - Asset Management Problem Solving - Business Development - Strategic Planning Strategic Leadership - Ability to work under pressure CAREER BACKGROUND From March 2016 From May 2015 From Dec to Oct EXECUTIVE CHAIRMAN OF VALISE TRUST CO. LTD Trust under the English law, acting on behalf of a very wide group of European banks NON EXECUTIVE DIRECTOR OF SALINI IMPREGILO S.P.A. Salini Impregilo, listed in the Italian Stock Exchange, is a leading Group in the construction of major, complex infrastructural projects, operating in over 50 countries with 34,000 employees and a turnover of around 4.2 billion. HEAD OF INTERNATIONAL SUBSIDIARY BANK DIVISION Lev: Executive, Referred to: CEO INTESA SANPAOLO ISP GROUP Milano Primary banking group in Italy and in Europe. Employees: 100,000 Turnover: 16 billion Managing 11 subsidiary banks of ISP in Russia, Ukraine, Romania, Slovakia, Hungary, Serbia, Albania, Croatia, Bosnia and Herzegovina, Slovenia and Egypt, with about 30,000 staff and 2.2 b. revenues and 45 b of assets. Definition and implementation of strategic plans and actions in: - Turnaround banks - Healthy banks with sizeable market share in relatively small countries - Banks with a weak market positioning because too small in big countries or even in small countries Monitoring banks performances, optimizing business expansion plans, rationalizing costs and implementing corrective actions. Carrying out institutional relationships with the Italian Ambassadors and with the local authorities (Central Banks, Finance Ministers, other Governmental bodies) in support of the local subsidiaries banks. Executed in less than a year dramatic changes both in the subsidiaries and in the Holding Company governance structure. Among the main restructuring operations kicked off: Hungary, Ukraine, Egypt 5 CEO s of subsidiary banks newly appointed out of 11 within 11 months. Speeded up the implementation of an EVA-based business management approach. Kicked off projects for optimizing RWA (Risk Weighted Assets). Implemented the first Group Risk Appetite Framework in key subsidiaries representing 70% of the Division RWA Review of all key resources both at subsidiary banks level and headquarter level. Kick off of a structured "succession plan" for the whole division Strengthened the role of the Group central structures at the subsidiary banks level (Risk Management, Credit, Internal Audit, Compliance, AML). Defined and agreed with the banks a cost reduction plan to flatten cost. Kicked off six strategic projects to increase revenues over M/T Resume Marco Bolgiani 1

2 From Jan to Nov UNICREDIT UGC Milan Banking group ranked among the 29 Global SIFIs (Systematically Important Financial Institutions). Employees: 160,000, Turnover: 25 billion HEAD OF GLOBAL TRANSACTION BANKING GROUPWIDE Lev: Executive Vice President, Referred to: Deputy CEO Responsible for the Transaction Banking of the whole UniCredit Group with 2,400 staff in subsidiaries banks in 22 countries, foreign branches and representative offices for a total of 50 countries. It was my responsibility defining GTB s vision, strategy and key priorities, market competitive positioning, structures, rules of engagement between parent company steering structures and subsidiary banks, medium-term investment plans, business and product mix. It was as well my responsibility executing against this mandate on a worldwide basis. The Transaction Banking at UniCredit encompassed: Payments and Cash Management (liquidity solutions, electronic banking, ), Securities Services (in Austria and Central Eastern Europe), Trade Sales & trade Finance Services, Structured Trade and Export Finance, Card Acquiring. UCG GTB delivered solutions and products to multinationals, corporates, commercial, small business, financial institutions, governments and not-for-profit organizations through specialized sales force and service teams in 50 countries in the world. I was also a Member of the CIB Executive Committee and of the Group Executive Management Committee, as well as the UniCredit Group representative at the European Central Bank for the implementation of SEPA in Europe. Defining strategy, priorities and strategic plans and executing against them to achieve approved targets. Daily management of the whole business. Created from scratch a structure that covered the whole Transaction Banking service range for the Corporate segment, with 2.2 ($ 2.9) billion in revenues, a PBT of about 1.1 ($ 1.4) billion. Realized better performances than direct competitors in comparable environments, with a much higher return on sales and invested capital and one of the lowest level of cost / income in the industry. This led UCG Global Transaction Banking to become the most profitable business within the CIB (Corporate & Investment Banking) with the highest ROE (Return on Equity) HEAD OF SECURITIES SERVICES AND CORRESPONDENT BANKING My mission was to redefine the UniCredit Group strategy and the repositioning of the Group in the business Analyzing the competitive environment, the reference sector and the bank's positioning, structuring properly the business (clients, product mix, staffing, ), and eventually I suggested either to partnering with another player or exiting the business. Assessing the market needs, planning actions for increasing the company s profit. Definition of business plans and development projects, achieving growth in competitiveness. Implementation of the operational program aimed at attaining the objectives of turnover and margin or at managing the exit from the business. Review of the Group's competitive position and reorganization of the Securities Services in one single area, despite strong internal oppositions. Conducted parallel negotiations for about a year with Citi, BoNY, SocGen and BNP with a team created ad hoc. Negotiated a long-term outsourcing contract with an upfront paid in net price vastly beyond the Group CEO s expectations. This opened up the way for a number of similar transactions in the Italian market PRESIDENT OF UNICREDIT PRIVATE BANK ITALY I covered the position of Executive of the Holding Company and President of UniCredit Private Banking, one of the three banks of the Group in Italy, with the aim to reorganize the bank and build a recognized leadership in the domestic private banking market. I was also responsible for the subsidiaries in Switzerland, Monaco and San Marino (then dismissed). Resume Marco Bolgiani 2

3 Definition and implementation of the business strategy. Monitoring the economic and operational balance raising the margins and optimizing the decisions. Achieved the goals in 18 months, placing UCG Private Banking as the largest onshore private banking business in Italy. Review of the bank's structure, product mix and positioning in terms of customer segments. Defined also a new incentive systems for the sales force, with a focus on training and the culture of compliance. EARLY CAREER SUMMARY EPTACONSORS Milano, Investment Banking, Brokerage, Private Equity, M&A, Asset Management, Employees: 400 From 1993 CEO Restructuring of the corporate business by exiting the highly capital intensive business of Italian Government bond Primary Dealing Refocusing the company on the better ring fenced stock brokerage business (till to become the largest stock broker on the Italian Stock Exchange in traded volumes). Refocusing on the fee based asset management business, growing the company from the 37 th position to the 10 th largest in Italy as per Assets Under Management and from a virtually zero market share up to a 3% plus market share. Definition and implementation of the business strategy. Managing relationships with shareholding banks (variable from time to time between 5 and 10), among the largest at the time in the Italian banking system, and their CEOs sitting in my company s Board. Direction and supervision of the activities ensuring the development of the business in the M / L term. Signed a strategic alliance with Alliance Bernstein, one of the biggest American asset managers. Repositioned Eptaconsors subsidiary as one of the leading brokerage companies in the Italian Stock Exchange. Appointed as advisor of the Italian Government for the first Italian privatization (ENI IPO) GENERAL MANAGER Responsible for the activities of Capital Markets and Corporate Finance. Coordinating all phases of structured finance and M&A. CEO of the Group stock broker subsidiary. The company was created from scratch when stock brokerage regulation was changed in Italy and a window opportunity created. We identified that opportunity and defined a successful entry strategy, becoming over time one of the largest player in the Italian market. Launch of one of the first private equity funds in the Italian market RESPONSIBLE CAPITAL MARKET Managing the activity of Debt Capital Markets in order to achieve the assigned targets. Identification and management of all critical variables in the sector. Analysis of the business plan, identification of any deviations and implementation of corrective actions. In a newly established company my task was to position ourselves among the top players in this market segment in Italy. At that time we were bringing into the domestic market new products, in line with international practice. The company quickly became the market leader in Loan Syndication and a major player in the derivatives arena. CITIBANK, N.A, Milano HEAD OF LOAN SYNDICATION DEPARTMENT ADDITIONAL INFORMATION : Board member of the Italian Stock Exchange : Vice Chairman of the local Young Entrepreneurs Association : Managing a small family manufacturing company. EDUCATIONAL QUALIFICATIONS : Degree in Business and Economics Magna Cum Laude at Bocconi University. LANGUAGE SKILLS Resume Marco Bolgiani 3

4 Knowledge of the following languages: - English: Fluent - German: Basic Date of birth: June 17 th, Married, two children. I grant permission for my personal information to be used, Italian law 196/2003. MARCO BOLGIANI Resume Marco Bolgiani 4

5 Resume Marco Bolgiani 5

Presentation

Presentation Presentation 2012 www.gigroup.com About Gi Group Gi Group is one of the world s leading companies providing services for the development of the labour market, operating in the fields of temporary and permanent

More information

MDA Consulting srl. Growth Engineers

MDA Consulting srl. Growth Engineers MDA Consulting srl Growth Engineers We have worked for... About Us MDA is an Italian independent consultancy firm established in 1991. Our mission is to assist companies in their growth process providing

More information

Wiener Städtische Versicherung AG Vienna Insurance Group (Vienna Insurance Group) IFRS Figures for 2006 * :

Wiener Städtische Versicherung AG Vienna Insurance Group (Vienna Insurance Group) IFRS Figures for 2006 * : 29 March 2007 Please note: this is a translation; only the German version of this release is legally binding. Wiener Städtische Versicherung AG Vienna Insurance Group (Vienna Insurance Group) IFRS Figures

More information

CompuGroup Medical AG Synchronizing Healthcare

CompuGroup Medical AG Synchronizing Healthcare CompuGroup Medical AG Synchronizing Healthcare Vision Frank Gotthardt Founder and CEO CompuGroup Medical AG We enable the best healthcare. Through available, structured medical data. Through optimizing

More information

PRESS RELEASE. BNP Paribas announces intent to acquire BNL

PRESS RELEASE. BNP Paribas announces intent to acquire BNL Paris, 3 February 2006 PRESS RELEASE BNP Paribas announces intent to acquire BNL BNL would become a key part of a global banking group with an outstanding European base and two home markets. BNP Paribas,

More information

Bank Austria posts net profit of EUR 350 million for the first quarter

Bank Austria posts net profit of EUR 350 million for the first quarter Bank Austria IR Release Günther Stromenger +43 (0) 50505 57232 Vienna, 13 May 2014 Results for the first quarter of 2014: Bank Austria posts net profit of EUR 350 million for the first quarter Sound commercial

More information

CURRICULUM VITAE. University of British Columbia (UBC), Vancouver, Canada

CURRICULUM VITAE. University of British Columbia (UBC), Vancouver, Canada Name: Nina DOHRAU Date of birth: 1971-06-24 Nationality: Austrian Marital status: Unmarried CURRICULUM VITAE Adress: Telephone: E-mail: Gebirgsgasse 82, A -1230 Vienna, Austria +43 664 816 31 27 (Mobile)

More information

CESEE DELEVERAGING AND CREDIT MONITOR 1

CESEE DELEVERAGING AND CREDIT MONITOR 1 CESEE DELEVERAGING AND CREDIT MONITOR 1 November 4, 214 Key Developments in BIS Banks External Positions and Domestic Credit In 214:Q2, BIS reporting banks reduced their external positions to CESEE countries

More information

Allianz Roadshow USA November 2000

Allianz Roadshow USA November 2000 Investor Relations Allianz Roadshow USA November 2000 AV Medienzentrale 10.00 I. Introduction Who are we? Henning Schulte-Noelle Chairman and CEO Paul Achleitner Finance Joachim Faber Asset Management

More information

KBC s entry into Russia. KBC acquires majority stake in Absolut Bank

KBC s entry into Russia. KBC acquires majority stake in Absolut Bank KBC s entry into Russia KBC acquires majority stake in Absolut Bank 18 April 2007 Table of contents 1. The Transaction 2. The Russian banking environment 3. Absolut bank profile and strategy 2 Majority

More information

INFORMATION MEMORANDUM FOR THE PROPOSED PURCHASE OF SHARES IN JSC ATFBANK (KAZAKHSTAN)

INFORMATION MEMORANDUM FOR THE PROPOSED PURCHASE OF SHARES IN JSC ATFBANK (KAZAKHSTAN) INFORMATION MEMORANDUM FOR THE PROPOSED PURCHASE OF SHARES IN JSC ATFBANK (KAZAKHSTAN) Section 1 Introduction On 21 June 2007 Bank Austria Creditanstalt AG ( BA-CA ) entered into a share purchase agreement,

More information

The investment fund statistics

The investment fund statistics The investment fund statistics Narodowy Bank Polski (NBP) publishes data reported by investment funds which have been defined in Art. 3 section 1 of the Act of 27 May 2004 on investment funds (Journal

More information

The Intesa Sanpaolo Group s International Business. Vienna, 14 January 2008

The Intesa Sanpaolo Group s International Business. Vienna, 14 January 2008 The Intesa Sanpaolo Group s International Business Vienna, 4 January 2008 The history of Intesa Sanpaolo 998 2000 200 2002 2007 2 The Group at a glance Total Assets euro 576 bn Loans to Customers euro

More information

Sberbank of Russia. Interim Condensed Consolidated Financial Statements and Review Report

Sberbank of Russia. Interim Condensed Consolidated Financial Statements and Review Report Sberbank of Russia Interim Condensed Consolidated Financial Statements and Review Report Interim Condensed Consolidated Financial Statements and Review Report CONTENTS Review Report... 3 Interim Condensed

More information

Bank Austria IR Release

Bank Austria IR Release Bank Austria IR Release Günther Stromenger +43 (0) 50505 57232 Vienna, 12 February 2015 Preliminary results 1 for the 2014 financial year: Bank Austria posts net profit of about EUR 1.4 billion Sound operating

More information

STUDIO MODERNA. Eivind Schackt CEO

STUDIO MODERNA. Eivind Schackt CEO STUDIO MODERNA Eivind Schackt CEO 0 What is Multi-Channel Some people define multichannel selling as a combination of brick-and mortar, catalog and Internet activity. Others say multichannel selling can

More information

MAYBE STATE-OF-THE-ART: INTERNATIONAL CASH MANAGEMENT

MAYBE STATE-OF-THE-ART: INTERNATIONAL CASH MANAGEMENT MAYBE STATE-OF-THE-ART: INTERNATIONAL CASH MANAGEMENT 2 3 TABLE OF CONTENTS INTRODUCTION 5 PAN-EUROPEAN PRESENCE OF UNICREDIT GROUP 6 UniCredit Group The first truly European bank 7 Cash Management and

More information

Private Banking Division. Opening of London PB Branch. December 2015

Private Banking Division. Opening of London PB Branch. December 2015 Private Banking Division Opening of London PB Branch December 2015 Fideuram ISPB has been created through the successful merger between Banca Fideuram and ISPB AuM of Fideuram and ISPB Net Profit of Fideuram

More information

Strategic Plan MAIN STRATEGIC ACTIONS TO REACH TARGETS:

Strategic Plan MAIN STRATEGIC ACTIONS TO REACH TARGETS: 2018 STRATEGIC PLAN FINANCIAL TARGETS: CET1 RATIO AT 12.6% THANKS TO ORGANIC CAPITAL GENERATION ALLOWING FOR SUBSTANTIAL DIVIDEND POOL HIGHER SUSTAINABLE RETURN TO SHAREHOLDERS WITH ROTE AT 11% NET PROFIT

More information

We endeavor to maximize returns.

We endeavor to maximize returns. We endeavor to maximize returns. Ayşegül Özel Yapı Kredi Bankası Private Banking Portfolio Manager Erdoğan Yücel Yapı Kredi Emeklilik Sales Manager FInance 4 th largest private bank (asset size) Leader

More information

CEE bancassurance partnership

CEE bancassurance partnership CEE bancassurance partnership OTP Bank and Groupama to form Emerging Europe insurance partnership February 11, 2008 1 Dr Sándor Csányi Chairman and CEO OTP Bank Mr Jean Azéma CEO Groupama 2 OTP Bank and

More information

SBERBANK CZ YOUR RELIABLE BUSINEES PARTNER IN THE CZECH REPUBLIC AND CEE. Vladimír Šolc, CEO, Chairman of the Board

SBERBANK CZ YOUR RELIABLE BUSINEES PARTNER IN THE CZECH REPUBLIC AND CEE. Vladimír Šolc, CEO, Chairman of the Board SBERBANK CZ YOUR RELIABLE BUSINEES PARTNER IN THE CZECH REPUBLIC AND CEE Vladimír Šolc, CEO, Chairman of the Board 8th October, 2013 1 1 About Us 2 Strategic partnership between Rosatom and Sberbank 3

More information

The EU Enlargement: Impact on Banking Integration Process. Alessandro Profumo CEO of UniCredit

The EU Enlargement: Impact on Banking Integration Process. Alessandro Profumo CEO of UniCredit The EU Enlargement: Impact on Banking Integration Process Alessandro Profumo CEO of UniCredit Cologne, November 6, 2006 Agenda The European Enlargement Process The Role of Banking Systems in the EU UniCredit

More information

UniCredit Group & CEE Division

UniCredit Group & CEE Division UniCredit Group & 12 th Annual Emerging Europe Investment Conference Warsaw, 14-15 September 2015 Disclaimer This Presentation is based on data publicly available in the financial disclosure sources published

More information

CEE Insurance the story of uneven recovery

CEE Insurance the story of uneven recovery CEE Insurance the story of uneven recovery May 2014 Andreea Moraru, Senior Banker, EBRD Table of content 1. EBRD Mission and Operations 2. Insurance and Financial Services at EBRD 3. Prospects and Challenges

More information

The Company Tax System in Malta

The Company Tax System in Malta The Company Tax System in Malta Maltese companies are subject to tax at 35% Malta s tax system adopts a full imputation system Effective system for relief of double taxation Compliant with EU law Maltese

More information

Group s New Medium-term Management Plan: Passion for the Best 2008

Group s New Medium-term Management Plan: Passion for the Best 2008 Group s New Medium-term Management Plan: Passion for the Best 2008 The Daiwa Securities Group is pleased to announce that it greatly surpassed the performance targets set out in its previous medium-term

More information

INTERIM REPORT 1.1.-30.6.2004

INTERIM REPORT 1.1.-30.6.2004 INTERIM REPORT 1.1.-30.6.2004 RAUTE OYJ 1 (9) RAUTE OYJ S INTERIM REPORT FOR JANUARY 1 JUNE 30, 2004 Net sales MEUR 41.9 (MEUR 33.0) and operating profit MEUR 4.1 (MEUR -7.4) increased. Net sales of current

More information

AIMING AT THE BEST PRACTICE OF BANK MANAGEMENT -LAUNCH OF A NEW MEDIUM-TERM MANAGEMENT PLAN, REFORM OF THE MANAGEMENT SYSTEM, CHIBA BANK NEWS

AIMING AT THE BEST PRACTICE OF BANK MANAGEMENT -LAUNCH OF A NEW MEDIUM-TERM MANAGEMENT PLAN, REFORM OF THE MANAGEMENT SYSTEM, CHIBA BANK NEWS AIMING AT THE BEST PRACTICE OF BANK MANAGEMENT -LAUNCH OF A NEW MEDIUM-TERM MANAGEMENT PLAN, REFORM OF THE MANAGEMENT SYSTEM, REVISION OF THE HEADQUARTERS ORGANIZATION, AND REVISION OF THE PERSONNEL SYSTEM-

More information

Business Developments in the Americas

Business Developments in the Americas Business Developments in the Americas Mizuho Corporate Bank To Our Clients Mizuho Corporate Bank ("Mizuho" or "MHCB") continues to strengthen its network and services across the Americas, despite difficult

More information

Profit earner or cost driver? A combined view of retail banking and payments. Bertrand Lavayssière Frankfurt, May 25th

Profit earner or cost driver? A combined view of retail banking and payments. Bertrand Lavayssière Frankfurt, May 25th Profit earner or cost driver? A combined view of retail banking and payments Bertrand Lavayssière Frankfurt, May 25th Payments are crucial for Retail Banking Retail banking revenues are rather stable and

More information

Company Overview. Financial Performance

Company Overview. Financial Performance Jan/15 Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 SPS Finquest Ltd CMP: 84.60 January 13, 2015 Stock Details BSE code 538402 BSE ID SPS Face value ( ) 10 No of shares

More information

Temporary and Permanent Solutions for Corporate Clients.

Temporary and Permanent Solutions for Corporate Clients. Temporary and Permanent Solutions for Corporate Clients. www.gigroup.com About Gi Gi Group Gi Group is one of the world s leading companies providing services for development of the labour market. The

More information

Management s Discussion

Management s Discussion Management s Discussion & A n a l y s i s Business Environment In the financial year ended March 31, 1999, the U.S. and major European stock market indexes continued to perform well, marking new all-time

More information

Malta launches patents exemption

Malta launches patents exemption Malta launches patents exemption Background The Maltese government published regulations for the application of an exemption from corporate tax on royalties (and similar income) derived from qualifying

More information

Sandler O Neill Global Securities & Electronic Trading Conference. June 2009

Sandler O Neill Global Securities & Electronic Trading Conference. June 2009 Sandler O Neill Global Securities & Electronic Trading Conference June 2009 1 Disclaimer The following information contains certain forward-looking statements that reflect the Company's current views with

More information

WARSAW STOCK EXCHANGE

WARSAW STOCK EXCHANGE WARSAW STOCK EXCHANGE 2014 WARSAW STOCK EXCHANGE WARSAW STOCK EXCHANGE WSE: EUROPEAN UNION s MOST DYNAMIC STOCK EXCHANGE The Warsaw bourse is among the fastest-growing exchanges in Europe, holding an unquestionable

More information

Press Release Corporate News Vienna, 18 March 2015

Press Release Corporate News Vienna, 18 March 2015 Press Release Corporate News Vienna, 18 March 2015 IMMOFINANZ with stable operating performance in the first three quarters, Net profit reduced New share buyback program resolved KEY FIGURES (in MEUR)

More information

INVESTOR CALL RESULTS OF THE FISCAL YEAR 2014/15

INVESTOR CALL RESULTS OF THE FISCAL YEAR 2014/15 INVESTOR CALL RESULTS OF THE FISCAL AR 2014/15 Mannheim, 13 May 2015 Oliver Windholz CEO Helmut Fischer CFO Disclaimer 2015 PHOENIX Pharmahandel GmbH & Co KG This document has been prepared by PHOENIX

More information

Press release. The group's capital structure is being strengthened through a share capital increase of approximately Euro 231 million.

Press release. The group's capital structure is being strengthened through a share capital increase of approximately Euro 231 million. Press release 18 July 2011 Meridiana Fly and Air Italy are creating a new Italian group in the air transportation sector, a market leader for scheduled flights on the markets of Sardinia and of the main

More information

OTHER MAIN GROUP COMPANIES daiwa asset management co. ltd. daiwa sb investments ltd. daiwa institute of research ltd. nif ventures co., ltd.

OTHER MAIN GROUP COMPANIES daiwa asset management co. ltd. daiwa sb investments ltd. daiwa institute of research ltd. nif ventures co., ltd. OTHER MAIN GROUP COMPANIES daiwa asset management co. ltd. daiwa sb investments ltd. daiwa institute of research ltd. nif ventures co., ltd. daiwa securities business center co. ltd. the daiwa real estate

More information

EBRD IN THE SOUTHERN & EASTERN MEDITERRANEAN REGION. Milan, 3 June 2014

EBRD IN THE SOUTHERN & EASTERN MEDITERRANEAN REGION. Milan, 3 June 2014 EBRD IN THE SOUTHERN & EASTERN MEDITERRANEAN REGION Milan, 3 June 2014 Contents EBRD: Introduction to EBRD EBRD: in the Southern and Eastern Mediterranean region (SEMED) EBRD: LEF, Local Enterprise Facility

More information

2016 Corporate Strategic Plan (16CSP) Hiroyuki Sasa President and Representative Director Olympus Corporation March 30, 2016

2016 Corporate Strategic Plan (16CSP) Hiroyuki Sasa President and Representative Director Olympus Corporation March 30, 2016 2016 Corporate Strategic Plan (16CSP) Hiroyuki Sasa President and Representative Director Olympus Corporation March 30, 2016 Todayʼs Agenda 1. Corporate Philosophy and Vision 2. Positioning of 16CSP 3.

More information

Carnegie Investment Bank AB (publ) Year-end report

Carnegie Investment Bank AB (publ) Year-end report Carnegie Investment Bank AB (publ) (Corp. reg. no. 516406-0138) Year-end report 1 January 31 December 2009 Carnegie Investment Bank AB (publ) is a leading independent investment bank with Nordic focus.

More information

CC Group: Small & MidCap Conference 5 th Edition

CC Group: Small & MidCap Conference 5 th Edition CC Group: Small & MidCap Conference 5 th Edition Warsaw, 26 March 2015 1 2 3 4 5 6 7 8 9 10 11 12 Global brand (mid and high-mid price segment, design lines) a MDA and SDA brand 70 % of MDA revenue Majority

More information

Chapter 3. How Securities are Traded

Chapter 3. How Securities are Traded Chapter 3 How Securities are Traded Primary vs. Secondary Security Sales Primary: When firms need to raise capital, they may choose to sell (or float) new securities. These new issues typically are marketed

More information

Toshiba to Execute Toshiba Revitalization Action Plan

Toshiba to Execute Toshiba Revitalization Action Plan December 21, 2015 FOR IMMEDEATE RELEASE Toshiba to Execute Toshiba Revitalization Action Plan Toshiba Corporation ( the Company ) today announced that Toshiba Group will implement a series of management

More information

Zumtobel Group back on course for substantial growth

Zumtobel Group back on course for substantial growth Dornbirn, Austria, July 5, 2006 01 Zumtobel Group back on course for substantial growth Lighting group posts adjusted growth of 6% Net profit again moves ahead strongly, up 49.7% European market and Asia

More information

Joint Declaration. On the Establishment of the Regional Co-operation Council (RCC)

Joint Declaration. On the Establishment of the Regional Co-operation Council (RCC) Joint Declaration On the Establishment of the Regional Co-operation Council (RCC) Representatives of the Participating States of the South East European Co-operation Process (SEECP), the United Nations

More information

MANAGING RISK IN EMERGING MARKETS OUR CORE BUSINESS

MANAGING RISK IN EMERGING MARKETS OUR CORE BUSINESS MANAGING RISK IN EMERGING MARKETS OUR CORE BUSINESS Fiscal Year 2014 PROVEN TRACK RECORD 58 Years of profitable investments in emerging markets $67b $51.7b $15.3b $22.4b $17.3b $5.1b $1.5b Diversified

More information

IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER

IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER Review of TD s businesses REVIEW OF TD S BUSINESSES PROFILES OF TD S BUSINESSES TODAY IN THIS REVIEW, WE HAVE ARRANGED OUR BUSINESSES AROUND OUR TWO DISTINCT CUSTOMER BASES RETAIL AND WHOLESALE TO SHOW

More information

Lender Perspectives on Credit Reporting WCCR 2008 - Rio SOCIETE GENERALE CONSUMER FINANCE: A FAST GROWING CHALLENGER. Jean-Yves Bruna CEO of SGCF

Lender Perspectives on Credit Reporting WCCR 2008 - Rio SOCIETE GENERALE CONSUMER FINANCE: A FAST GROWING CHALLENGER. Jean-Yves Bruna CEO of SGCF SOCIETE GENERALE CONSUMER FINANCE: A FAST GROWING CHALLENGER Jean-Yves Bruna CEO of SGCF 2 POSITION IN THE GROUP SOCIETE GENERALE Group DSFS BDDF Crédit Du Nord BHFM SG-CIB GIMS Specialized Financial Services

More information

Your reliable International Banking Service provider

Your reliable International Banking Service provider Your reliable International Banking Service provider Our Mission At the Bank of Cyprus International Banking Services Division, we believe that our success lies in the offering of the highest level of

More information

Acquiring Alliances in Europe

Acquiring Alliances in Europe Acquiring Alliances in Europe Insight Report 2010 Kai-Christian Claus Berlin, February 22 nd 2011 Agenda I. Trends and Observations II. Acquiring Alliances in Europe: Insight Report 2010 III. Conclusion

More information

Our patent and trade mark attorneys are here to help you protect and profit from your ideas, making sure they re working every bit as hard as you do.

Our patent and trade mark attorneys are here to help you protect and profit from your ideas, making sure they re working every bit as hard as you do. Our patent and trade mark attorneys are here to help you protect and profit from your ideas, making sure they re working every bit as hard as you do. Our people work with everyone from multi-nationals

More information

Vienna 2 Initiative. Observations on the proposed Directive for Bank Recovery and Resolution (BRRD) and the Single Resolution mechanism (SRM) 1

Vienna 2 Initiative. Observations on the proposed Directive for Bank Recovery and Resolution (BRRD) and the Single Resolution mechanism (SRM) 1 1 Vienna 2 Initiative Observations on the proposed Directive for Bank Recovery and Resolution (BRRD) and the Single Resolution mechanism (SRM) 1 On June 28, the Council set out its position on the proposed

More information

The following is the text of an announcement made today by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc.

The following is the text of an announcement made today by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC Holdings plc. We only advise on our own life assurance, pensions and unit trusts The following is the text of an announcement made today by HSBC Bank Malta p.l.c., a 70.03 per cent indirectly held subsidiary of HSBC

More information

Sandler O Neill Global Exchange & Brokerage Conference. June 6, 2013

Sandler O Neill Global Exchange & Brokerage Conference. June 6, 2013 Sandler O Neill Global Exchange & Brokerage Conference June 6, 2013 Disclaimer The following information contains certain forward-looking statements that reflect the Company's current views with respect

More information

S&T - Company Presentation. April 2015

S&T - Company Presentation. April 2015 S&T - Company Presentation April 2015 About S&T AG S&T engineers Appliances for vertical markets Appliances comprise of dedicated hardware + combined software solutions Vertical niche solutions for Automation

More information

Company Overview German equity forum, Frankfurt Nov. 2011. Mr. Lior Meidan, Member of the EL Board of Directors

Company Overview German equity forum, Frankfurt Nov. 2011. Mr. Lior Meidan, Member of the EL Board of Directors Company Overview German equity forum, Frankfurt Nov. 2011 Mr. Lior Meidan, Member of the EL Board of Directors Safe Harbor Statement The forward-looking statements contained herein reflect management's

More information

Setting up your Business in Turkey Issues to consider

Setting up your Business in Turkey Issues to consider Turkey is located as a bridge between two continents and in close proximity to Europe, the Middle East and the Caucasus. The proximity to the Balkans and the rest of Europe as well as to the growing emerging

More information

Married, two children (19 and 16 years old)

Married, two children (19 and 16 years old) C U R R I C U L U M V I T A E PERSONAL DETAILS Nationality Marital Status Date/Place of Birth German Married, two children (19 and 16 years old) 15 June 1958 in Saarbrücken, Germany Academic Qualifications

More information

Executive summary of the Gorenje Group 2015 Business Plan

Executive summary of the Gorenje Group 2015 Business Plan Executive summary of the Gorenje Group 2015 Business Plan January 30, 2015 2014: performance estimate, highlights Higher revenue by 0.3% despite the negative effect of the turmoil in Ukraine (lower revenue

More information

MEDIA RELEASE NIPPON LIFE INCREASES STAKE IN RELIANCE LIFE INSURANCE FROM EXISTING 26 PER CENT TO 49 PER CENT

MEDIA RELEASE NIPPON LIFE INCREASES STAKE IN RELIANCE LIFE INSURANCE FROM EXISTING 26 PER CENT TO 49 PER CENT MEDIA RELEASE NIPPON LIFE INCREASES STAKE IN RELIANCE LIFE INSURANCE FROM EXISTING 26 PER CENT TO 49 PER CENT NIPPON LIFE TO INVEST RS 2,265 CRORE (US$ 348 MILLION) FOR ADDITIONAL 23 PER CENT STAKE TO

More information

S&T - Company Presentation. August 2015

S&T - Company Presentation. August 2015 S&T - Company Presentation August 2015 About S&T AG S&T engineers Appliances for vertical markets Appliances comprise of dedicated hardware + combined software solutions Vertical niche solutions for Automation

More information

TRADING PLATFORM CLEARING AND SETTLEMENT MEMBERSHIP

TRADING PLATFORM CLEARING AND SETTLEMENT MEMBERSHIP TRADING PLATFORM CLEARING AND SETTLEMENT MEMBERSHIP TRADING PLATFORM Wilhelm Söderström, Nord Pool Spot Ante Mikulić, CROPEX European day ahead market A fair and transparent calculation of dayahead power

More information

UniCredit Bank Austria AG

UniCredit Bank Austria AG Bank Austria AG Global Transaction Banking Export Finance Andrii Tsviak, Referent Export Finance, Corporate & Investment Banking Bangkok, 26 March 2012 : a major Banking Group at a glance benefits from

More information

Morgan Stanley Reports First Quarter 2016:

Morgan Stanley Reports First Quarter 2016: Media Relations: Michele Davis 212-761-9621 Investor Relations: Kathleen McCabe 212-761-4469 Morgan Stanley Reports First Quarter 2016: Net Revenues of $7.8 Billion and Earnings per Diluted Share of $0.55

More information

Merger & Acquisition, Integration and Divestiture

Merger & Acquisition, Integration and Divestiture Financial Services the way we do it Merger & Acquisition, Integration and Divestiture Financial institutions are re-focusing their M&A strategies and objectives while aligning their organizations to adapt

More information

Yamanouchi and Fujisawa Enter into A Basic Agreement to Merge on April 1, 2005

Yamanouchi and Fujisawa Enter into A Basic Agreement to Merge on April 1, 2005 February 24, 2004 Yamanouchi and Fujisawa Enter into A Basic Agreement to Merge on April 1, 2005 Yamanouchi Pharmaceutical Co., Ltd. (Headquartered in Tokyo, Japan; President and CEO: Toichi Takenaka,

More information

Corporate & Institutional Banking (CIB)

Corporate & Institutional Banking (CIB) Corporate & Institutional Banking (CIB) Deutsche Bank Global Financials Conference Donald Workman, Executive Chairman CIB May 2014 Forward Looking Statements Certain sections in this presentation contain

More information

Erste Group Bank Workshop: Structured Trade Finance in CEE

Erste Group Bank Workshop: Structured Trade Finance in CEE Erste Group Bank Workshop: Structured Trade Finance in CEE Structured Trade Finance in CEE: Topics to be covered What is Structured Trade Finance Is Structured Trade Finance applicable for the markets

More information

BUY. ECLERX SERVICES LIMITED (CONSOLIDATED) Result Update: Q1 FY16. CMP 1677.00 Target Price 1880.00. SEPTEMBER 2 nd, 2015 SYNOPSIS ISIN: INE738I01010

BUY. ECLERX SERVICES LIMITED (CONSOLIDATED) Result Update: Q1 FY16. CMP 1677.00 Target Price 1880.00. SEPTEMBER 2 nd, 2015 SYNOPSIS ISIN: INE738I01010 BUY CMP 1677.00 Target Price 1880.00 ECLERX SERVICES LIMITED (CONSOLIDATED) Result Update: Q1 FY16 SEPTEMBER 2 nd, 2015 ISIN: INE738I01010 Index Details Stock Data Sector IT & ITes BSE Code 532927 Face

More information

Factoring and customers needs

Factoring and customers needs Factoring and customers needs Evidence from a new survey in the Italian market IFG GM Club 2009 Milan, February 5th 09 Massimo FERRARIS, General Manager Ifitalia and VP Assifact James MUGERWA, CEO GE Capital

More information

your own success? Locate addresses exactly Visualise your company data Analyse connections Make the right decisions Use your full potential

your own success? Locate addresses exactly Visualise your company data Analyse connections Make the right decisions Use your full potential PTV MAP&MARKET BASIC How can you map out your own success? Locate addresses exactly Visualise your company data Analyse connections Make the right decisions Use your full potential A unique combination

More information

The Vienna Initiative

The Vienna Initiative The Vienna Initiative KNF Conference on Household Lending Warsaw, October 20, 2010 Mark Allen Senior IMF Resident Representative for Central and Eastern Europe The problem Parent Banks severely affected

More information

PRESS RELEASE. INTESA SANPAOLO: CONSOLIDATED RESULTS AT DECEMBER 31 st 2012

PRESS RELEASE. INTESA SANPAOLO: CONSOLIDATED RESULTS AT DECEMBER 31 st 2012 PRESS RELEASE INTESA SANPAOLO: CONSOLIDATED RESULTS AT DECEMBER 31 st 2012 IN A CHALLENGING YEAR, INTESA SANPAOLO DELIVERS STRONG RESULTS: CAPITAL IS SOLID AND WELL ABOVE REQUIREMENTS, LIQUIDITY IS VERY

More information

Mag. Ing. Andreas Unger

Mag. Ing. Andreas Unger address: Kirchengasse 27/15A 1070 Wien Tel: 0664/6218583 E-Mail: unger@sales-force.at date of birth: 25.05.1966 marital status: married nationality: Austrian E D U C A T I O N 2003-2006 Certified Consultant

More information

Canada Life Financial Corporation ANNUAL REPORT

Canada Life Financial Corporation ANNUAL REPORT Canada Life Financial Corporation 2007 ANNUAL REPORT CORPORATE PROFILE Canada Life Financial Corporation (CLFC) was established in 1999. CLFC s principal subsidiary, The Canada Life Assurance Company,

More information

CURRICULUM VITAE. frits de kok. 35 hollywood road, flat 1 uk-london chelsea sw10 9HT p: +44 78 54 66 61 58 e: fdk@magnetic-concepts.

CURRICULUM VITAE. frits de kok. 35 hollywood road, flat 1 uk-london chelsea sw10 9HT p: +44 78 54 66 61 58 e: fdk@magnetic-concepts. CURRICULUM VITAE 35 hollywood road, flat 1 uk-london chelsea sw10 9HT p: +44 78 54 66 61 58 e: fdk@magnetic-concepts.com P R O F E S S I O N A L E X P E R I E N C E jan 2012 today managing partner, magnetic

More information

EBRD Non Performing Loans (NPLs) and Corporate Restructuring

EBRD Non Performing Loans (NPLs) and Corporate Restructuring EBRD Non Performing Loans (NPLs) and Corporate Restructuring Vienna, June 2015 EBRD Non Performing Loans (NPLs) and Corporate Restructuring EBRD and addressing Corporate NPLs EBRD s role in Corporate Restructuring

More information

Methorios Capital. Small Cap Conference. Milan, 29th November 2012 Borsa Italiana Palazzo Mezzanotte 11.30 Room Gialla

Methorios Capital. Small Cap Conference. Milan, 29th November 2012 Borsa Italiana Palazzo Mezzanotte 11.30 Room Gialla Methorios Capital Small Cap Conference Milan, 29th November 2012 Borsa Italiana Palazzo Mezzanotte 11.30 Room Gialla 2 Methorios Capital Group Business overview Key Numbers & Strategies 3 3 Overview Methorios

More information

Deutsche Bank Global Transaction Banking. Securities Services. Overview

Deutsche Bank Global Transaction Banking. Securities Services. Overview Deutsche Bank Global Transaction Banking Direct Securities Services Securities Services Overview Finding the right custodian with a long-term commitment to supporting its clients business is critical for

More information

Investor Presentation

Investor Presentation Tekstilbank HQ, Istanbul GSD Holding HQ, Istanbul Investor Presentation October 2013 GSD Holding Highlights A 27 years old financial holding company with core investments in: Banking: one deposit accepting

More information

UniCredit Bulbank Short profile

UniCredit Bulbank Short profile UniCredit Bulbank Short profile Part of a leading European financial group and number one Bulgarian bank, which is easy to deal with, whose people deliver concrete answers, real benefits and positive impact

More information

Malta Country Profile

Malta Country Profile Malta Country Profile EU Tax Centre July 2015 Key tax factors for efficient cross-border business and investment involving Malta EU Member State Yes. Double Tax Treaties With: Albania Australia Austria

More information

EXECUTIVE SEARCH, INTERIM MANAGEMENT, NON-EXECUTIVE DIRECTORS & CONSULTING

EXECUTIVE SEARCH, INTERIM MANAGEMENT, NON-EXECUTIVE DIRECTORS & CONSULTING EXECUTIVE SEARCH, INTERIM MANAGEMENT, NON-EXECUTIVE DIRECTORS & CONSULTING division one FACTS & FIGURES With offices in Stuttgart, Munich and Dusseldorf along with our 43 ENEX partner offices all over

More information

Interactive Brokers Group Investor Presentation July 2016

Interactive Brokers Group Investor Presentation July 2016 Interactive Brokers Group Investor Presentation July 2016 Disclaimer The following information contains certain forward-looking statements that reflect the Company s current views with respect to certain

More information

ICG Europe Fund VI, L.P.

ICG Europe Fund VI, L.P. Opportunistic High Yield Allocation ICG Europe Fund VI, L.P. March 12, 2015 Laurann H. Stepp Senior Portfolio Manager Investment Strategy/Fund Overview ICG Europe Fund VI, L.P. Provide structured mezzanine

More information

CURRICULUM VITAE. Chairman of Supervisory Board, Intacta Capital, Asset management, Sweden, 2014 August- ongoing

CURRICULUM VITAE. Chairman of Supervisory Board, Intacta Capital, Asset management, Sweden, 2014 August- ongoing Personal data CURRICULUM VITAE Name: Håkan Källåker Mobile: + 46 70 8 22 66 33 Address: Skeppargatan 4, 1402 Phone: + 46 8 660 60 49 114 52 Stockholm, Sweden E-mail: hakankallaker@yahoo.se Business experience

More information

Commerzbank: Strategy successful net profit of over 1 billion euros and dividend

Commerzbank: Strategy successful net profit of over 1 billion euros and dividend IR release 12 February 2016 Commerzbank: Strategy successful net profit of over 1 billion euros and dividend Operating profit in 2015 more than doubled to EUR 1,909 m (2014: EUR 689 m) Operating profit

More information

1 st. Annual Greek Roadshow. London, September 20-21, 21, 2006

1 st. Annual Greek Roadshow. London, September 20-21, 21, 2006 1 st Annual Greek Roadshow London, September 20-21, 21, 2006 History - Profile 1925 1964 1997 2001 2003 Founding Year Part of Emporiki Bank Group, Initial Public Offering (ASE) Major change in Shareholders

More information

Net Sales. Cost of Sales, Selling, General & Administrative Expenses, and Operating Income

Net Sales. Cost of Sales, Selling, General & Administrative Expenses, and Operating Income Net Sales In the fiscal year ending March 31, 2002 (fiscal 2001), the Fujitsu Group faced a difficult global economic environment, with the impact of the slowdown in the U.S. economy reverberating throughout

More information

CEE HOUSEHOLDS - NAVIGATING TROUBLED WATERS

CEE HOUSEHOLDS - NAVIGATING TROUBLED WATERS CEE HOUSEHOLDS - NAVIGATING TROUBLED WATERS Federico Ghizzoni Head of CEE Banking Division and Poland s Markets Division Deputy CEO and Management Board Member for CEE-Bank Austria Debora Revoltella Head

More information

Morgan Stanley Reports Full-Year and Fourth Quarter 2010:

Morgan Stanley Reports Full-Year and Fourth Quarter 2010: Media Relations: Jeanmarie McFadden 212-761-2433 Investor Relations: Celeste Mellet Brown 212-761-3896 Morgan Stanley Reports Full-Year and Fourth Quarter 2010: Full-Year Net Revenues of $31.6 Billion

More information

BLUM Attorneys at Law

BLUM Attorneys at Law BLUM Attorneys at Law CORPORATE TAXATION SYSTEM IN SWITZERLAND Outline of Swiss Corporate Tax System Levels of Taxation in Switzerland Resident companies are subject to: federal corporate income tax, and

More information

Financing Renewables in Turkey

Financing Renewables in Turkey Financing Renewables in Turkey Symposium of the Deutsch Türkischen Industrie- und Handelskammer Florian Mahiny Head of Austrian/ German International Desk Yapı ve Kredi Bankası A.Ş. Istanbul, 22. February

More information

The Winterbotham Trust Company (Hong Kong) Limited. A member of The Winterbotham Group. www.winterbotham.hk www.winterbotham.com

The Winterbotham Trust Company (Hong Kong) Limited. A member of The Winterbotham Group. www.winterbotham.hk www.winterbotham.com A member of The Winterbotham Group www.winterbotham.hk www.winterbotham.com Contents Contents: 1 Introduction 2 Corporate Services 3 Fiduciary and Trust Services 4 Funds Services 5 Banking Services 6 Securities

More information

UNLEASH THE FULL VALUE OF OUR CORPORATE, MARKETS & INVESTMENT BANKING AND PRIVATE BANKING FRANCHISE. Sergio Ermotti, Deputy CEO

UNLEASH THE FULL VALUE OF OUR CORPORATE, MARKETS & INVESTMENT BANKING AND PRIVATE BANKING FRANCHISE. Sergio Ermotti, Deputy CEO UNLEASH THE FULL VALUE OF OUR CORPORATE, MARKETS & INVESTMENT BANKING AND PRIVATE BANKING FRANCHISE Sergio Ermotti, Deputy CEO AGENDA Corporate Division Markets & Investment Banking Division Private Banking

More information

The Situation of Military Personnel in Cyprus, Greece, Italy, Portugal and Spain

The Situation of Military Personnel in Cyprus, Greece, Italy, Portugal and Spain The Situation of Military Personnel in Cyprus, Greece, Italy, Portugal and Spain Content Introduction of EUROMIL Fundamental Rights for Military Personnel Added value of military unions/associations Situation

More information