Thirty-First Annual Conference



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ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE UK Thirty-First Annual Conference A New Approach for Global Economic and Social Growth Friday 16th October 2009 Glaziers Hall, London

2009 A NEW APPROACH FOR GLOBAL ECONOMIC AND SOCIAL GROWTH Honorary Chairman of the Conference President of the Italian Chamber of Commerce Co-Chairmen of the Conference The Italian Ambassador to the Court of St James s H.E. Giancarlo Aragona Leonardo Simonelli Santi Professor Robert Leonardi London School of Economics and Political Science Richard Stovin-Bradford Lex Column Financial Times Panel: H E Shaukat Aziz Ornella Barra Massimo D Aiuto Chris Gibson-Smith Greg Hands MP Cardinal Giovanni Lajolo Angelos Papadimitriou Ignazio Visco Guest of Honour at Lunch: Former Prime Minister of Pakistan Chief Executive, Pharmaceutical Wholesale Division Alliance Boots Managing Director and CEO SIMEST SpA Chairman London Stock Exchange Shadow Treasury Minister President of the Pontifical Commission for Vatican City State and President of the Governorate of the Vatican City State Chairman Managing Director GlaxoSmithKline SpA Italy and Area Head Southeast Europe Deputy Director General Banca d Italia Senator Maurizio Sacconi Italian Minister for Employment, Health and Social Policies

HONORARY COUNCIL OF THE ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE U.K. Honorary President Presidential Council Honorary Vice President Honorary Councillors Honorary Auditors H.E. Giancarlo Aragona Italian Ambassador Sir Win Bischoff Lord Thomas Bridges Lord David Currie Lord Ezra of Horsham Sir Paul Girolami Mark Garvin Sir Jan Lewando Michael Ancram MP The Marquess of Lothian Brian C. Mck. Henderson Lord Paul of Marylebone Kevin McNamara Sir Hugh Rossi Paolo Scaroni Sir Derek Thomas Marco Mancini First Counsellor for Economic Affairs, Italian Embassy Salvator Roberto Amendolia Scientific Attaché, Italian Embassy Stefano Carcascio UK Representative, Banca d Italia Fabrizio Di Clemente Director, Italian Trade Commission Simone Lavarini Chairman, Spaghetti House Ltd Robert Leonardi London School of Economics and Political Science Carlo Presenti Director Italian Cultural Institute Valerio Scoyni Director, ENIT United Kingdom & Republic of Ireland Uberto Vanni d Archirafi Consul General, Italian Consulate General Peter Wood/Ronald Farrants BILA British Italian Law Association Paride Di Giorgio Pariola Ltd

COUNCIL OF MANAGEMENT OF THE ITALIAN CHAMBER OF COMMERCE President Senior Vice President Legal: Vice Presidents Banking: Industry: Services: Treasurer: Councillors Anthony Airs Fabio Castiglione Luciano Cenedese Emilio Chiesi David Crackett Giuseppe D Anna Alberto De Benedictis Silvia Fazio Richard Gadeselli David Godfrey Andrew Humberstone (Alternate) Stefano Ispani Roberto Pollara (Alternate) Maria Sacconi Antonio Tomassini Enrico Vignoli Helen Girgenti Christian Fianco Barry A. Walker Neil Scott & Company Leonardo Simonelli Santi Managing Director, Etrufin Reserco Ltd Carlo Colombotti International Legal Consultant Stefano Burani General Manager, Intesa Sanpaolo SpA, London Branch Alberto Bertali Non Executive Chairman, Hoover Candy Group Eduardo Teodorani-Fabbri Corporate Senior Vice President, CNH UK Limited The Hon Sir Rocco Forte Chairman, The Rocco Forte Collection Luigi Penna General Manager, Banco Popolare Sc, London Branch General Manager, Banca IMI SpA, London Branch Managing Director, ENI UK Head of Corporate Banking/GTB London, Unicredit Group London Representative, Banca Carige SpA President, British Chamber of Commerce for Italy Chief Executive Officer, Power Consulting Company Ltd Chief Executive, Finmeccanica UK Ltd Partner, Collyer-Bristow Chairman, FIAT UK Consultant, Hill Dickinson LLP incorporating Middleton Potts Managing Director, Fiat Group Automobiles UK Ltd Director, Ponti s Group General Manager, Unicredit SpA, London Branch Area Manager, Northern Europe, Alitalia SpA Director, Euro Catering Foods Ltd General Manager, Banca Monte dei Paschi di Siena, London Branch Secretary General Deputy Secretary General Adviser to the President Auditors

PROGRAMME A NEW APPROACH FOR GLOBAL ECONOMIC & SOCIAL GROWTH 8.15 Registration and Coffee in the Library and Court Room 8.55 Call to Conference in the Banqueting Hall FIRST SESSION 9.00 President s welcome Dott Leonardo Simonelli Santi President, The Italian Chamber of Commerce and Industry for the U.K. Welcome from the Italian Ambassador to the Court of St. James s H E Giancarlo Aragona 9.20 Opening address by the Co-Chairman of the Conference Professor Robert Leonardi London School of Economics and Political Science and Director of the Social and Economic Cohesion Laboratory 9.30 Speakers: Ignazio Visco Deputy Director General, Banca d Italia Massimo D Aiuto Managing Director and CEO SIMEST SpA Ornella Barra Chief Executive, Pharmaceutical Wholesale Division Alliance Boots Angelos Papadimitriou Chairman Managing Director GlaxoSmithKline SpA Italy and Area Head Southeast Europe 10.30 Coffee break in the River Room

SECOND SESSION 11.00 Opening address by the Co-Chairman of the Conference Richard Stovin-Bradford Lex Column, Financial Times 11.10 Speakers: Chris Gibson-Smith Chairman London Stock Exchange H E Shaukat Aziz Former Prime Minister of Pakistan Greg Hands, MP Shadow Treasury Minister Cardinal Giovanni Lajolo, Cardinal President of the Pontifical Commission for Vatican City State and President of the Governorate of Vatican City State 12.00 Q & A 12.30 Summary 12.40 Cocktails in the River Room 13.15 Luncheon in the Banqueting Hall Guest of Honour: Senatore Maurizio Sacconi Minister for Employment, Health and Social Policies 15.00 Luncheon ends

The Regional Investment Contract finances and supports new investment projects in Piemonte, northwest Italy The Contract guarantees rapidity and certainty of timing for administrative procedures investment support with grants the commitment of the local authorities, universities and research bodies involved in the project assistance in all stages of the project For further information: investment.contract@centroestero.org www.investintorinopiemonte.org www.centroestero.org

BIOGRAPHIES SHAUKAT AZIZ Shaukat Aziz was the Prime Minister of Pakistan from 2004 to 2007 and was the first Prime Minister of Pakistan to complete a full term in office. Appointed Finance Minister in November 1999, after the resignation of Zafarullah Khan Jamali, he became Prime Minister on 28 August 2004 and served until 15 November 2007. Mr. Aziz was born on March 6, 1949 and brought up in the southern city of Karachi. He received his early education from St. Patrick s School at Karachi and Public School at Abbottabad. He graduated from Gordon College, Rawalpindi in 1967 and achieved an MBA in 1969 from the Institute of Business Administration, Karachi. The same year, he started his career at Citibank as credit officer in Karachi and served in various countries including Greece, the United States, the United Kingdom, Malaysia and Singapore. He received many promotions to various positions: Citibank s head of Corporate and Investment Banking for various regions, Corporate Planning Officer, Citicorp, Country Manager for Citibank in Malaysia and in Jordan, board member of Citibank subsidiaries and of several non-profit organizations. In 1992, he was appointed Executive Vice President of Citibank. Before taking leave from Citigroup, he was the head of its global Private Banking Division and progressed to a senior post with the bank in New York. In November 1999, at the height of a 30-year career in global finance, he was appointed Finance Minister by the Government of Pakistan. ORNELLA BARRA Ornella Barra, a graduated pharmacist, is Chief Executive, Pharmaceutical Wholesale Division of Alliance Boots. She heads up Alliance Healthcare, the International Division of Alliance Boots, which is present in sixteen countries and supplies over 140,000 pharmacies, doctors, health centres and hospitals from over 370 warehouses. Moreover it supports a large network of independent pharmacies and operates a number of owned pharmacies. Ornella is also responsible for Boots International, the Health & Beauty retail business that operates outside the UK, with outlets in Continental Europe, America, South Eastern Asia and in the Middle East. Alliance Boots, privately owned since July 2007 when it was acquired by AB Acquisitions Limited (Stefano Pessina and Kohlberg Kravis Roberts), was created as a result of the merger of equals between the Boots Group PLC and Alliance UniChem Plc in July 2006. It is present in more than 20 countries with over 115.000 employees and operates more than 3,200 health and beauty retail outlets in nine countries of which just under 3,000 have a pharmacy. Prior to the merger of Alliance UniChem and Boots Group, Ornella has been Board member and Executive Director of Alliance UniChem since 1997 when UniChem merged with Alliance Santé, the Franco-Italian group with interests spanning Europe, of which she had been Board Member since 1990. In 1984 she founded a pharmaceutical distribution company in Italy, which was acquired by Alleanza Salute Italia (now Alliance Healthcare Italia) in 1986. Ornella is Board Member of the Italian Enterprise Representative Body (Confcommercio) and also of the International Federation of Pharmaceutical Wholesalers. In 2007 she was also appointed Executive Member of the ECR Europe (Efficient Consumer Response). She is Special Professor of the University of Nottingham s School of Pharmacy. MASISMO D AIUTO Ing. Massimo D Aiuto is the Chief Executive Officer and Managing Director of SIMEST SpA, which he joined when it was established in 1991 to assist Italian companies with their investments in all the non EU countries. Prior to that he held various positions in several industrial and financial groups and Holdings, both public and private, where he developed strong technical economic skills along with a wide ranging financial background.

He has been a board member of major foreign financial institutions such as EDFI (Luxembourg), InterEuropa Bank (Hungary), IBC Zao (Russia) and Finest SpA where he developed considerable expertise in business management issues and international finance, as well as an extensive competence in foreign development strategies and enhancing the competitiveness of the Italian industrial system. Over the last twelve years he has contributed significantly to the success of Italian government missions in foreign countries. CHRIS GIBSON-SMITH Chris has been Chairman of the London Stock Exchange since 2003. The Exchange administers the largest equities market in Europe with a market capitalisation of 4 trillion and annual trading turnover of 6 trillion. Chris became Chairman of The British Land Company PLC in January 2007. British Land is Europe s second largest property group by market cap and invests in prime commercial and retail property. He is a Non-Executive Director of the Qatar Financial Centre Authority. In addition, he is a governor of the London Business School. Chris was Chairman of National Air Traffic Services (NATS) from 2001 2005, Group Managing Director of BP from 1997-2001, a Director of Lloyds TSB from 1999 2005 and Director of Powergen from 2001-2002. As a result, he has experience of the oil and gas sector including exploration, production, refining, and petrochemicals, plus the banking, aviation, power, property, and finance sectors. Chris has a BSc in Geology from Durham University (1967), a PhD in Geochemistry from Newcastle University (1970) and a Masters in Business from Stanford University (1985). He was a Sloan Fellow of the Stanford Business School (1984-85). He joined BP in 1970 as an exploration and production geologist. He became European Chief Executive for BP Exploration in 1992 and then Chief Operating Officer for BP Chemicals in 1995. He became a Group Managing Director of BP in 1997. He served on Government advisory committees on aviation, and oil and gas. He also served two terms on the Sloan Advisory Board of the Stanford Business School, is a past Chairman of Business in the Arts Scotland, past Chairman of the California Marine Mammal Centre, past Council member of the CBI Scotland, past member of the UK Sustainability Commission, and a past Trustee of the Institute of Public Policy Research, and Arts and Business. Chris is married to Marjorie who is a retired teacher. They have two children - Emma, an architect and Sarah, a doctor. His interests include literature, music, art, skiing, sailing, and golf. GREG HANDS MP Greg Hands was born in 1965 in New York, the son of British parents, and lived in the USA until he was seven years old. His family subsequently moved to England and in 1989 he graduated with first class honours in Modern History at Cambridge University. He worked in banking for eight years leaving in 1997. Greg joined the Conservative Party whilst at Cambridge University, and was the Chairman of the University Conservative Association in 1988, and was also an elected officer of the Students Union. He joined the Fulham Conservatives in 1991 after moving to Fulham in 1990 where he has lived ever since. In 1998, Greg was elected to the Council for the first time, propelling the Conservatives from third into first place in Eel Brook ward, and unseating the Liberal leader. A year later, Greg was elected Leader of the Conservative group on the Council, and led the Party in the 2002 Council elections to achieving its highest vote share 43% - since 1978. In October 2002, Greg was selected as the Party s Parliamentary candidate for Hammersmith & Fulham. The most marginal constituency in London at the 2005 General Election, Greg won the seat from Labour on a 7.35% swing. His majority is 5,029. In November 2006, Greg was selected by Conservative Party members to fight the new Chelsea & Fulham constituency at the next General Election, expected in 2009. Until the next election, Greg continues to represent both Fulham and Hammersmith.

Greg s main interests in national politics are in foreign affairs, housing policy and local government, counter-terrorism and the criminal justice system. Greg is a member of the Executive of Conservative Way Forward (CWF), a member of the Advisory Group of the I Want a Referendum campaign, a member of the Steering Group of the Cornerstone Group of MPs, a member of the 1992 Group and the No Turning Back Group. In Parliament, Greg is a member of two Select Committees, the Select Committee for Communities and Local Government, probing the work of Government in these key areas, and the European Scrutiny Committee, examining the work of the European Union and its steady flow of legislation affecting Britain. In foreign affairs, Greg is a specialist in Germany, Russia, Central and Eastern Europe and Central Asia. Greg is Treasurer of the All-Party Russia Group in Parliament. In January 2009, Greg was appointed Shadow Treasury Minister by David Cameron. Greg is married with a daughter and a son. CARDINAL GIOVANNI LAJOLO Cardinal Lajolo was born on 3 January 1935 in Novara, Italy. His father was a doctor, and his mother had emigrated to the USA, but returned to Italy (while retaining her new US citizenship). His Eminence studied at the Pontifical Roman Seminary in Rome and obtained degrees from the Pontifical Gregorian University and later a higher degree in canon law from the University of Munich. He then studied diplomacy at the elite Pontifical Ecclesiastical Academy. He was ordained for the Diocese of Novara on 29 April 1960 by Bishop Ugo Poletti, then Auxiliary Bishop of Novara. After his studies in Rome, he entered into the diplomatic service of the Holy See, working in the Secretariat of State, the Nunciature in Germany and then in the Roman Curia in the Council for the Public Affairs of the Church. He was closely involved in the negotiations that led to the 1984 revision to the concordat between Italy and the Holy See. Pope John Paul II appointed him Secretary of the Administration of the Patrimony of the Apostolic See on 3 October 1988, raising him to the episcopate. He was consecrated a bishop on 6 January 1989 by Edward Cardinal Cassidy in St Peter s Basilica in Rome. He was Nuncio to Germany from 1995 to 2003 and was responsible for the signing of a number of diplomatic agreements between the Holy See and various German states during that time. He was brought back to Rome in 2003 when he was named the Secretary of the Secretariat of State for the Relations with States (the diplomatic office). Pope Benedict XVI named him President of the Pontifical Commission for Vatican City State and President of the Governatorato of Vatican City, with effect from 15 September 2006. ROBERT LEONARDI Robert Leonardi holds the Jean Monnet Chair in European Politics and Policy in the European Institute, London School of Economics. He has been Visiting Professor in European Public Policy in the Political Science Department at the LUISS (Rome) in 200-2005 and in the past he has served on a visiting basis at Johns Hopkins Bologna Centre, European University Institute, University of Florence, University of Bologna, Carlo Cattaneo University in Varese, University of Messina, University of Catania. He has lectured extensively on European affairs at Stanford University, University of Trento, University of Rio di Janeiro and Sao Paolo in Brasil, University of Barcelona, University of the Algarve and Pantion University in Athens. He has written extensively on European policy making, and his latest books are: The Cohesion Policy of the European Union: The Making of Europe (London, Palgrave, 2005) and The Dynamics of Federalism in National and Supranational Political Systems (London, Palgrave, 2006). He has served on the scientific committee of NOMISA, Trento Cultural Institute, Bonino-Pulejo Foundation and has been advisor for national, regional and local governments in Italy and other countries of Southern Europe on European policies. Since 1992 he has been the Director of the

Economic and Social Cohesion Laboratory at the LSE ; in 2005 he also became the director of the Social Capital Research Network at the LSE. ANGELOS PAPADIMITRIOU Angelos Papadimitriou is responsible for GlaxoSmithKline s pharmaceutical operations in Italy since June 2005. In May 2008 was also appointed Area Head Southeast Europe, an area including Austria, Greece, Israel, Serbia Croatia and the rest of the Adriatic markets. He also oversees the activity of the company s Oncology Global Centre of Excellence. In addition to his role inside GSK, he serves as Vice President of Farmindustria, the Italian pharmaceutical industry association and as Vice President for Confindustria Verona. In April 2008 he became the first non-italian to be appointed to the National Executive Board of Confindustria, where he presides over the Committee of Foreign Investors. Prior to his move to GSK Italy, he was GSK s European Director for Commercial Development. Before joining GSK, Papadimitriou held various positions in Schering Plough between 1997 to 2003, including General Manager positions in Italy and Spain and senior executive positions in the United States. Early in his career he held positions at McKinsey & Co s New York Health Care Practice, Merck & Co s US Management Training Programme and General Manager positions (Greece and Spain) with Laboratoires Fournier. Papadimitriou, a Greek native, holds a Bachelor s degree in Business Economics and Computer Science from Brown University and an MBA from Harvard University. MAURIZIO SACCONI Maurizio Sacconi, born in Conegliano (Treviso) on 13 July 1950, holds a law degreee and is currently on the faculty of the Economics Department of the Università degli Studi di Roma at Tor Vergata. He was elected as a Senator for the Partito delle Libertà (PDL) in April 2008 and on 8 May 2008 was appointed Minister for Employment, Health and Social Services in the current Berlusconi Government. Minister Sacconi has had a long political and parliamentary career first in Partito Socialista Italiano (PSI) then in Forza Italia and now in PDL. Over the last few years his name has been linked in particular to policy in the work place, working with Marco Biagi, the well known jurist and professor from Bologna in the preparation of the 2001 White Book and then becoming involved with the approval of various reform projects after Biagi s assassination. He is the President of the Associazione Amici di Marco Biagi. Between 1987 and 1994 he held various positions as Junior Minister. Between 1992-1993 he was the Junior Minister for Public Administration and was responsible for the reform of public administration and the Civil Service which became Decree Law n. 29/30. From 1987-1992 and again from 1993-1994 he was the Junior Minister at the Treasury Ministry in charge of reforming the regulation of bank intermediaries and investments. After a period at the International Labour Organisation in Geneva, he returned to politics in the ranks of Forza Italia and became Junior Minister for Employment from 2001 to 2006. He is married with a son. LEONARDO SIMONELLI SANTI Leonardo Simonelli was born in Siena in 1939. Following a First Class Honours degree in Physics and Chemistry, post-graduate studies included Research Associate Fulbright Scholarship at Sanford and Illinois Universities, a business administration course at Illinois University and IBJ Tokyo and a MA from Birbeck College. In 1969 he was appointed Adviser to IMI Istituto Mobiliare Italiano for the financing of applied research projects and the setting up of the research department. In 1972 he was a Foreign Department Officer based in Brussels and in 1973 was made responsible for the Export Credit Department in Rome. In 1977 he became Chairman of IMI s UK subsidiary, and in 1984 was responsible for IMI s International Division.

In 1986 he established Etrufin Reserco Limited in the City of London where he continues to be Managing Director. Etrufin offered financial services and representation to Italian regional banks. He was elected President of Finest in 1993, an Italian financial services company specialising in Central and Eastern Europe. His term of office expired in April 1999. He was Chairman of the International Savings Banks in London from 1989-91 And Director of many Italian and international companies (including I.I.C.Y., Interfund, Fonditalia and INSUD). He served as Vice-President of the Italian Chamber of Commerce and Industry for the UK during the years 1986-94 and was appointed President in 1994. Additionally, in 1999 he was elected Director of Assocamerestero, Rome. He is President of Simonelli Santi Co SpA and in 2005 was appointed to the Board of Directors of Monte dei Paschi Banca Personale and Fondazione San Martino, The Vatican. He is the author of numerous publications in Italian, American and British journals and participated in various conferences relating to international trade and its financing with a specialist view on East-West relations. In 1997 he was nominated Grand Ufficiale all ordine al merito della Repubblica Italiana and in 2005 he became a Freeman of the City of London. Married with 3 children, his main leisure interests are tennis and shooting. RICHARD STOVIN-BRADFORD Richard holds an MA (Hons) in Modern Languages from Worcester College, Oxford. He began his professional career in 1980 working with the Bank of London and South America/Lloyds Bank International London in Seville, Barcelona, Vitoria and Madrid. Subsequently he moved to The Sanwa Bank Limited/Sanwa International Limited, London (now MUFG), SG Warburg & Co Ltd, London (now UBS), Hambros Bank Limited, London (now Société Générale/Investec) and, finally in 1989, to UAL Merchant Bank Limited, Johannesburg (now Nedbank Group). After 17 years in banking, while based in South Africa he decided to turn his hand to journalism and joined Business Report becoming their Banking & Financial Services Editor. While there he helped create a series of investable Johannesburg Stock Exchange indices with ING Barings Financial Markets the BR-ING indices which gave impetus to the subsequent reclassification of sectors by the Johannesburg Stock Exchange. In 2000 he moved over to become the Banking Correspondent for the Johannesburg Sunday Times which had a weekly readership of over 2.2million - the largest of any South African financial publication. In 2000 and 2005 he won a Sanlam Award for Excellence in Journalism. In October 2008 he moved back to the UK to join the Financial Times as a Lex Writer covering banking and financial services, mining and resources, stock exchanges, defence, Ireland, Spain and South Africa. He is single and his leisure interests include Wine (Cape Wine Academy Diploma); Music (Piano Grade VII and Flute); travel and languages. IGNAZIO VISCO Ignazio Visco, born in Naples on 21 November 1949, has been the Deputy Director General of the Bank of Italy since 9 January 2007. Chairman of the International Relations Committee of the European System of Central Banks (ESCB) since June 2009; member of the G-7 Deputies, the G-20 Deputies, the EU Economic and Financial Committee, and the OECD Economic Policy Committee's Working Party 3; alternate member of the BIS Board of Directors. Graduated summa cum laude in Economics at the University of Rome in 1971, hired by the Bank of Italy in 1972, he completed his advanced training at the University of Pennsylvania in Philadelphia (M.A in 1974 and Ph. D. in Economics in 1981), with several fellowships ( Bonaldo Stringher, Bank of Italy; Ente Luigi Einaudi per gli studi monetari, bancari e finanziari; Marco Fanno, Mediocredito Centrale; "Economic Research Unit", Economics Department, University of Pennsylvania). In 1974 he joined the Bank of Italy s Economic Research Department, where he engaged over the years in empirical and theoretical research, focusing on the Italian economy, macroeconomic policy,

and econometric methods and modelling. In 1990 he was appointed Head of the Economic Research Department, participating in the study and design of monetary and exchange rate policy decisions and representing the Bank on a number of national and international committees (including at the OECD, EU and BIS). Between 1997 and 2002, he was Chief Economist and Head of the Economics Department of the OECD, and he served on several international groups and committees, including the G-10 Deputies (in which he subsequently represented the Bank of Italy in 2004-2006) and the Commission on Global Ageing of the Center for Strategic and International Studies (Washington, DC). Returning to the Bank of Italy, he was appointed Central Manager for External Activities in March 2004, and then worked as Central Manager for Economic Research from March to December 2006. He taught econometrics (1983-1985) and economic policy (1989) at the University of Rome. He is the author of many articles and books including: Price Expectations in Rising Inflation, North Holland, 1984; Le aspettative nell analisi economica, Il Mulino, 1985; Inflazione, concorrenza e sviluppo (with S. Micossi), Il Mulino, 1993; Saving and the Accumulation of Wealth (with A. Ando and L. Guiso), Cambridge University Press, 1994; L economia italiana (with L. F. Signorini), Il Mulino, 2002; Ageing and Pension System Reform (Report for the G-10 Deputies, chairman of the Working Group), 2005; Investire in conoscenza, Il Mulino, 2009. He was Associate Editor of the European Economic Review (1986-1991) and member of the following Scientific Committees: Fondazione Enrico Mattei (1994-2001), Raffaele Mattioli Lectures (1996-2004) and ISAE Monitoring Italy (2002-2003). At present, he is co-editor of Politica economica, member of the Advisory Group for Economics of Il Mulino, of the Advisory Committee of the Scuola Normale Superiore di Pisa, of the Scientific Committee of the Advanced School of Economics in Venice (SSE), and chairman of the Scientific Council of the International Center for Monetary and Banking Studies in Geneva. He is a member of the Italian Economics Society, the Italian Statistics Society, and the American Economic Association. He was granted the Leontief Award for Best Dissertation in Quantitative Economics (Eastern Economic Association, 1982), the title of Grande Ufficiale al Merito della Repubblica Italiana (2002) and the Best in Class prize, Economics Department, La Sapienza University of Rome (2006). He is married with three daughters.

Menu, Toasts and Table Plans

MENU CARPACCIO OF BEEF WITH MIXED LEAF SALAD AND VINAIGRETTE DRESSING FILLET OF SEA BASS WITH CRUSHED NEW POTATOES, COURGETTES, ROASTED PEPPERS MUSHROOMS AND SUNDRIED TOMATOES ZUPPA INGLESE COFFEE AND STRAWBERRIES DIPPED IN CHOCOLATE WINES PROSECCO DI VALDOBBIADENE (DOB) TREVISO, NV BOCELLI PINOT GRIGIO 2008 VENETO MONTEPULCIANO D ABRUZZO COLLE MORINO 2006, BARBA

TOASTS THE QUEEN Proposed by THE ITALIAN AMBASSADOR H E Giancarlo Aragona THE PRESIDENT OF THE ITALIAN REPUBLIC and THE HEADS OF STATE OF THE COUNTRIES HERE REPRESENTED Proposed by Greg Hands MP THE GUESTS Proposed by PRESIDENT OF THE ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE UK Dott Leonardo Simonelli Santi Reply by THE ITALIAN MINISTER FOR EMPLOYMENT, HEALTH AND SOCIAL POLICY Senator Maurizio Sacconi

TABLE HOSTS TABLE HOSTS Table Number Banca IMI SpA London 11 Banca Monte dei Paschi di Siena London Branch 21 Banca Popolare S.c. London Branch 20 Carlo Colombotti International Consultants 8 Intesa Sanpaolo SpA London Branch 10 Mediobanca SpA London Branch 3 Pirola Pennuto Zei & Associati 18 UniCredit Group 22 & 23

1 2 7 8 12 14 19 20 3 4 9 10 15 16 21 22 FOYER 5 11 18 23 Stage & Lectern 24

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