INTERNATIONAL BUSINESS SEMINAR

Transcription

1 INTERNATIONAL BUSINESS SEMINAR Thursday, June 10, :00 a.m. - 2:00 p.m. Sheraton Centre Hotel 123 Queen Street West

2 PROGRAMME Co-ordinator: Mr. Wayne Kirton, CEO Invest Barbados 8:00 a.m. Registration & Coffee 9:00 a.m. Welcome Dr. Leroy McClean, Consul General Consulate General of Barbados at Toronto 9:10 a.m. Government s Policy on Welcoming International Investment Senator the Hon. Darcy Boyce, Minister of State Ministry of Finance, Investment, Telecommunications and Energy 9:40 a.m. International Business Opportunities in Barbados Mr. Wayne Kirton, CEO Invest Barbados 10:10 a.m. Audio Visual Presentation 10:20 a.m. Coffee Break 10:30 a.m. Concurrent Sessions A & B 12:25 p.m. Networking Luncheon

3 PROGRAMME Track A - Financial Services Co-ordinator: Mr. Wayne Kirton, CEO - Invest Barbados 10:30 a.m. Benefits of Barbados Tax & Investment Protection Treaty Network and Incentive Legislation for International Business Services Ms. Dominique Pepin, Partner, Tax Department Ernst & Young Barbados 11:00 a.m. The Barbados Solution for International Wealth Management Mr. Kieran Young, VP Global Private Banking DGM Holdings (Canada) Inc. 11:30 a.m. Key Reasons Why Canadian Companies Choose Barbados for Captive Insurance Mr. Thomas Sears, Past Chairman & CEO RBC Insurance Co. Limited Barbados 12:00 noon Q & A Track B - Information Communications and Technology Services Co-ordinator: Mr. Henderson Holmes, Executive Director - BIBA 10:30 a.m. The Benefits of Operating a Call Centre from Barbados 11:00 a.m. Operating a Successful Information Processing Company from Barbados Mr. Joel Alleyne, President / Chairman Alleyne Inc. / Crucible International Inc. 11:30 a.m. Telecommunication Services In Barbados Mr. Patrick Hinkson, Vice President TeleBarbados Inc. 12:00 noon Q & A

4 THE BARBADOS DOMICILE Barbados has established itself as one of the leading international financial services centres in the world. This industry has been at the forefront of Barbados development and has allowed Barbados to establish the reputation as one of the world s most respected international financial services domiciles, consistently meeting international best practice standards. Barbados was acknowledged as having substantially implemented the internationally agreed tax standards on both lists published by the OECD Global Forum. Other factors in favour of Barbados include its anti-money laundering legislation, simplified statutory filing and accounting and the fact that it is not a 'tax haven' but a low tax jurisdiction. Its wide and growing network of double-taxation treaties makes it a hub for international treaty-based financial services activity. One unique factor differentiating Barbados from other offshore locations is the availability of intellectual and service resources on-shore, which reduces cost and ensures continuity of personnel. Barbados is committed to strengthening its competitiveness, while offering clients predictability and security in their investments. It promotes an environment which encourages the establishment of business of substance, and its extensive range of International Financial Services legislation, allows corporations the flexibility to create the types of corporate structures specifically suited to their needs. This event will speak to the significance of Barbados as an International Business hub and highlight how a Barbados company can be a smart choice for the sophisticated investor.

5 PROFILE OF SPEAKERS Senator the Hon. Darcy Boyce, Minister of State Ministry of Finance, Investment Telecommunications and Energy Senator Boyce has worked as an Economist with the Caribbean Development Bank, as a Director of Coopers and Lybrand Associates, as the Executive Director of the Agricultural Venture Trust and as Partner in charge of Management Consulting with KPMG, Barbados. He also served as Deputy Governor Operations of the Central Bank of Barbados from 2000 to 2004, prior to his appointment as Chief Executive Officer of the Barbados Tourism Investment Inc. He also served on the Board of Directors of several private sector companies. Between 1992 and 2000 he was the Coordinator of the Barbados Private Sector Agency providing business sector input into the tri-partite governance arrangements in the country. Senator Boyce is a Certified Management Accountant (CMA) and a Fellow of the Institute of Chartered Accountants of Barbados. He holds an MBA in Finance from the University of Toronto. Mr. Wayne Kirton, CEO Invest Barbados Wayne Kirton is a business consultant operating out of Barbados. A qualified accountant (F.C.C.A), he worked for some 30 years with the B S & T Group in Barbados reaching the position of Finance Director before forming his own business-consulting firm in Since forming his own firm, he has been engaged by both private and public Caribbean firms to conduct full business reviews and/or to provide senior management services on contract. He is currently on contract as CEO of Invest Barbados, Wayne s experience covers a variety of industries, including wholesale/distribution, retail (food, hardware/lumber, appliances, duty-free), manufacturing, services, car dealerships, insurance, hotels and the media (newspaper). A former President of the Barbados Chamber of Commerce from , he is currently in his twenty-first year as Honorary Consul-General for Japan in Barbados, and was decorated by the Emperor of Japan in 2005 for his diplomatic services to that country.

6 PROFILE OF SPEAKERS Ms. Dominique Pepin, Partner, Tax Department Ernst and Young Barbados Dominique Pepin is a Tax partner at Ernst & Young Barbados. Before relocating to Barbados in 2001, she worked in a professional services firm as a Senior Tax Advisor in Montreal, Canada. She is a member of the Quebec Bar Association and the Canadian Tax Foundation. Dominique has extensive tax experience serving local, regional and multinational corporations in various industries including petroleum, mining, manufacturing, telecommunications and financial services. Her focus is on international and regional corporate re-structuring, cross-border transactions and advising on tax audits and appeals in the Caribbean. She is also well known on the speakers circuit in Barbados, the United States and France. She holds a Bachelor of Law and a Diploma in Canadian Tax from the Universite de Sherbrooke in Canada. Mr. Kieran Young, VP Global Private Banking DGM Holdings (Canada) Inc. Kieran Young is a graduate of the Ivey Business School at the University of Western Ontario. After working as a Investment Consultant with CIBC Wood Gundy in Canada, Kieran moved to Barbados in 1996 where he was a member of the team that established DGM Bank & Trust Inc. Kieran and his family moved back to Canada in 2008 and he now works with DGM Holdings (Canada) Inc., in Toronto. He also studied International Finance at the National University of Singapore. Mr. Thomas C. Sears, International Business Advisor & Lecturer Past Chairman & CEO, RBC Insurance Co. Limited Barbados Tom Sears, a former Chairman and CEO of Royal Bank of Canada s Reinsurance, also held executive responsibility for RBC subsidiaries in Canada, London England, Jersey (Channel Islands) and Barbados during his 34 years with Royal Bank of Canada. While in Barbados he served as President of the Barbados International Business Association. Since his retirement in December 2009, Tom has been serving as an advisor to international investors and the governments of Canada and Barbados. He also lectures at the Rotman School of Business at the University of Toronto. Tom holds an MBA from the University of Toronto, and is a doctoral candidate in Governance of International Business through St Gallen University, Switzerland.

7 PROFILE OF SPEAKERS Mr. Joel Alleyne, President / Chairman Alleyne Inc. / Crucible International Inc. Joel Alleyne has worked in Management Consulting to both public and private sector clients for over thirty years across the Americas and Europe. He is a PhD student and adjunct instructor with the ischool at the University of Toronto. He is also an adjunct instructor with the Faculty of Medicine MHI Program (University of Toronto) and the Faculty of Information and Media Studies (University of Western Ontario). Joel is a member of the Entovation 100 Global Knowledge Leaders; which includes several global thought leaders and practitioners in the field who play a role in shaping the new knowledge based economy. A faculty member with the Kaieteur Institute, Joel also owns a successful information processing company in Barbados. Mr. Patrick Hinkson, Vice President TeleBarbados Inc. Patrick Hinkson is currently Interim President for TeleBarbados Inc. and TeleSt.Lucia Inc. He also maintains the substantive role of Vice-President and Chief Financial Officer. Patrick joined TeleBarbados in December 2005 after six years as Group Financial Controller for A.S. Bryden & Sons (Barbados) Limited and then ANSA McAL (Barbados) Limited following its acquisition in Prior to 2000, he worked in public accounting for eight years with Ernst & Young Caribbean. Patrick is a member of the Certified General Accountants Association of Canada and a Fellow Chartered Accountant of the Institute of Chartered Accountants of Barbados. He is also the past-president of the Institute of Chartered Accountants of Barbados and has served on many of its committees.

8 BUSINESS OPPORTUNITIES IN BARBADOS GENERAL Research & Development Health Tourism Alternative and Renewable Energy FINANCIAL SERVICES International Business Companies International Insurance Companies International Banking Societies with Restricted Liability International Trusts Private Wealth Management Headquarters and Holding Companies Ships Registration INFORMATION SERVICES Call Centre Services Insurance Claims Processing Credit Card Application Processing Back Office Processing Software Development Medical Transcription Health Information Management MANUFACTURING Electronics Medical Supplies High Fashion Apparel High-end Niche Manufacturing Pharmaceuticals 105 Adelaide Street West Suite 1010 Toronto, ON M5H 1P9 Tel: (800) / (416) Fax: (416) toronto@investbarbados.org Register online: