Conference
Programme as at 20 August 2008
Programme is subject to change
All meetings take place in Auditorium 2 on Ground Level unless
otherwise stated |
Wednesday
4 July
|
| 07:30 - 15:50 |
ICGN Board and Committee
meetings (ICGN Members
only)
Each committee meeting will welcome members to an open
session to discuss plans for the coming year. These will be
followed by a pre-AGM 'Town Hall' so that members have an extra
opportunity to discuss resolutions to be put to the AGM |
| 07:30 - 08:45 |
|
Finance and General Purposes
Committee (Meeting Room 2.6) |
|
09:00 - 10:45 |
|
Accounting and Auditing Practices
Committee (Meeting Room 2.4)
Executive Remuneration Committee (Meeting Room 2.4)
Shareholder Responsibilities Committee (Meeting
Room 2.6) |
|
| 11:00 - 12:45 |
|
Korea 2008 Planning Committee (Boardroom
Level 1)
Non-Financial Business Reporting Committee (Meeting Room 2.4)
Securities Lending Committee (Meeting Room 2.4)
Shareholder Rights & Cross Border Voting Practices Committees
(Meeting Room 2.6) |
|
| 12:45 - 13:45 |
|
ICGN Board Meeting (Boardroom
Level 1) |
|
| 14:00 - 15:50 |
|
Pre-AGM 'Town Hall' (Auditorium
2 Ground Level)
Bylaws and Procedures and Finance and General Purposes Committees |
|
|
10:00 - 17:30 |
Registration for all conference
delegates |
 |
16:30 - 16:40 |
Conference Welcome
Mark Anson, Chief Executive Officer, Hermes
Pensions Management and ICGN Chairman |
| 16:40 - 17:10 |
Keynote address
Trevor A Manuel, Minister of Finance,
Republic of South Africa
|
 |
| 17:10 - 18:30 |
Session 1 - Opportunities
and obstacles: corporate governance and investment in
Africa
Africa is grappling with the need to raise capital for investment.
To what extent is corporate governance reform part of the solution
and what are the real challenges, obstacles and opportunities? |
| |
|
Opening
address
Reuel Khoza, Chairman, Nedbank Limited and NEPAD
Business Foundation, South Africa |
 |
Response
Runa Alam, Chief Executive Officer,
Kingdom Zephyr Africa Management, UK |
 |
| 19:00 - 21:00 |
Reception
The tastes, sounds and sights of Africa and a true South
African welcome |
|
| |
|
Welcome address
Nicky Newton-King,
Deputy Chief Executive Officer, JSE Ltd, South Africa |
Thursday
5 July
|
07:30 - 08:45 |
Networking breakfast |
09:00 - 10:00 |
Session 2 - Shareholders:
active or passive?
Shareholders are pushing for new rights to hold companies accountable
and at the same time are increasingly under pressure to improve
their own transparency and accountability. Is a marketplace for
shareholder perspectives a natural product of vibrant markets
or does it show a failure of underlying beneficial owners to
assert their views? |
| |
|
Debate
Moderated by Anne Simpson, ICGN Executive Director
Panelists
Glenn Cooper, Chairman, Efficient Capital Structures
(ECS), UK
Brian Molefe, CEO, Public Investment
Corporation, South Africa
Mavis Robertson, Chair, Special Projects Committee,
Australian Institute of Superannuation Trustees (AIST), Australia |
|
| 10:00 - 10:30 |
Refreshments |
| 10:30 - 12:00 |
Session 3 - Breakout Sessions
These will be concurrent workshops where
delegates will engage in action-orientated debate
designed to generate practical recommendations. |
| |
|
• Hedge
funds: curse or cure? (Meeting Room 1.6)
Lead rapporteur:
Leonardo Peklar, CEO, Socius
Consulting, Slovenia
Provocateur: Christy
Wood, Senior Investment Officer, CalPERS, USA |
• Investment
decision-making: how do we mainstream corporate governance? (Meeting
Room 2.4)
Lead rapporteur: Alison Dillon Kibirige, Director, Masantili Graphic Designers Limited, Uganda
Provocateur: Brian Myerson, Executive Director, Principle
Capital Investment Trust, UK |
• Private
equity: what are the responsibilities of institutional investors? (Meeting
Room 2.6)
Lead rapporteur: Michelle Edkins,
Managing Director, Governance for Owners, UK
Provocateur: Bill Crist, Partner, Governance for Owners, USA |
• Shareholder
accountability: is it 'Do as I say, not as I do'? (Roof
Terrace Room Level 2)
Lead rapporteur: YRK Reddy,
Founder, Yaga Consulting & Academy of Corporate Governance,
India
Provocateur: Anita Skipper, Head of Corporate
Governance, Morley Fund Management, UK |
| 12:00 - 13:30 |
Lunch |
| 13:30 - 14:00 |
Session 4: Feedback
from the Breakout session
Chaired by Jon Lukomnik, Managing Partner,
Sinclair Capital, USA |
| 14:00 - 15:30 |
Session
5 - Directors: leading or complying?
Directors are facing new challenges moving from principles to
practice. Has corporate governance reform led to too much focus
on compliance? How can directors seize the initiative to use
corporate governance to add value in driving their businesses
forward? |
| |
|
Debate
Moderated by John Plender, Senior
editorial writer and columnist, Financial Times, UK
Panelists
Patrick Dunne, Group Communications
Director, 3i, UK
Michele Hooper, Non-Executive Director, AstraZeneca,
USA
Helmut Sihler, Chairman (retired) of the Supervisory
Board, Porsche AG, Germany |
 |
| 15:30 - 16:00 |
Refreshments |
| 16:00 - 17:30 |
Session 6 - Hot Topic Sessions |
| |
|
• Accounting:
is international financial reporting protecting investors'
interests? (Meeting Room 2.4) |
| |
|
Debate
led by Ignatius Sehoole, Chief Executive,
South African Institute of Chartered Accountants,
South Africa
Discussants
Paul Boyle, Chief Executive, Financial Reporting Council, UK
Leon Michaelides, Head of Research,
RMB Morgan Stanley, South Africa
Jeffrey Willemain, Global Managing Partner, Regulatory and Risk, Deloitte Touche Tohmatsu, USA |
|
| |
|
• Activism: developing
investor activism and cross-border alliances (Meeting
Room 2.6) |
| |
|
Debate
led by Kayla Gillan, Board Member, Public Company Accounting Oversight Board (PCAOB), USA
Discussants
Keith Johnson, Chairman, Reinhart Institutional
Investor Services, USA
Jan Mahlangu, Co-ordinator: Pension and Provident
Fund Policy, COSATU, South Africa
Nassir Ramtoola, Member, National Committee of Corporate
Governance, Mauritius
|
|
| |
|
• Board
performance: what are the key ingredients? (Meeting
Room 2.4) |
| |
|
Debate
led by Peggy Foran, SVP-Corporate Governance,
Associate General Counsel & Corporate Secretary, Pfizer,
USA
Discussants
Andrew Gilchrist, Partner, Egon Zehnder
International
Erik Mather, Managing Director, Regnan
Governance Research and Engagement, Australia
Simon Osborne, Director Board Performance
Unit, ICSA, UK |
|
| |
|
• Corruption: what
should investors be doing? (Meeting
Room 1.6) |
| |
|
Debate
led by John Wilcox, Senior Vice President and Head
of Corporate Governance, TIAA-CREF, USA
Discussants
John Githongo, Former Permanent
Secretary for Governance and Ethics, Office of the President
of Kenya, Kenya
Noreen Harrington, Managing
Partner, Alternative Institutional Partners, USA
Hasung Jang, Dean and Professor
of Finance, Korea University Business School, Korea
Karina Litvack, Head of Governance and Sustainable
Investment, F&C Asset Management,
UK |
|
| |
|
• Governance:
what matters to investors, country or company
governance? (Meeting
Room 1.6) |
| |
|
Debate
led by Daniel Blume, Principal Administrator,
Corporate Affairs Division, OECD, France
Discussants
Jim Emery, Principal Advisor,
Investment Climate, Private Enterprise Partnership
for Africa, International Finance Corporation, South
Africa
Gavin Grant, Director, Global Corporate Governance
Research, Deutsche Bank, UK
Keith Savard, Director, Global Economic Analysis, Institute of International
Finance, USA
Simon Wong, Head of Corporate Governance, Europe,
Barclays Global Investors, UK
|
|
| |
|
• Minority
protection: how effective are minority rights in closely-held
companies? (Meeting
Room 1.6) |
| |
|
Debate
led by Jamie Allen, Secretary General,
Asian Corporate Governance Association, Hong Kong
Discussants
John Lim, President, Singapore Institute
of Directors, Singapore
José Osorio, Partner, Jardim Botânico
Partners, Brazil
Giulio Pediconi, Founder and Managing
Director, Sodali, Italy
Carl Rosen, Head of Corporate Governance,
AP2, Sweden |
|
| |
|
• Social
change through governance intervention: is this the right
way? (Meeting Room 1.6) |
| |
|
Debate
led by Jay
Naidoo, Chairman, Development
Bank of Southern Africa, South Africa
Discussants
Erik Breen, Head,
Competence Centre of Corporate Governance and Sustainability, Robeco Asset Management,
The Netherlands
Morten Kallevig, Deputy
Director General, Ministry of Trade and Industry, Norway
Daniel Pedrotty,
Director,
AFL-CIO Office of Investment,
USA |
|
| 18:45 – 22:00 |
Gala
Dinner: Lourensford Wine Estate |
| |
|
Presentation
of ICGN Awards for 2007 |
Friday
6 July
|
| 07:30 - 08:45 |
Networking
Breakfast |
| 09:00 - 10:30 |
Session
7 - Regulators: help or hindrance?
Regulators are under pressure resulting from cross-border convergence.
How do they ensure the optimum division of responsibility between
the state and the market? What is the balance between
rules and principles? |
| |
|
Keynote
dialogue
Charlie McCreevy, European Commissioner for the
Internal Market and Services, Ireland
Roel Campos, Commissioner, SEC, USA |
 |
|
| |
|
Debate
Moderated by Peter Montagnon, Director of Investment Affairs,
Association of British Insurers, UK
Panelists
Jean-Pierre Hellebuyck, Vice
Chairman, AXA Investment Managers, France
Dr. Daochi Tong, Deputy Director-General,
Department of Listed Company Supervision, China
Securities Regulatory Commission (CSRC), China
|
| 10:30 - 11:00 |
Refreshments |
| 11:00 - 12:30 |
Session
8 - Stakeholders: how should their interests be taken into
account?
There is international consensus that stakeholders have a legitimate
interest and make a vital contribution to wealth creation. The
debate now focuses on practical ways to engage with stakeholders
from consultation to codes of practice and board representation. |
| |
|
Opening
address
Mervyn King, Chairman of the Global Reporting
Initiative and Chairman, King Committee on Corporate
Governance in South Africa
Debate
Moderated by Judge Dennis Davis, Judge of the
High Court of South Africa
Panelists
Cheryl Ann Carolus, Director, Investec Limited
and Investec plc, South Africa
Janice
Hester-Amey, Portfolio Manager, California State Teachers'
Retirement System, USA
Roland Koestler, Supervisory Board Director, Vodafone,
Germany
Mark Preisinger, Vice President,
Sr. Director, Shareowner Affairs, Coca Cola, USA |
|
| 12:30 - 13:00 |
Closing
Session |
| |
|
Preview
of "Asian Capital Markets", the 2008 ICGN Annual
Conference in Korea
Jung-Hwan Lee, President, President, Management
Strategy Division, Korea Exchange, Korea
Hasung Jang, Dean and Professor of Finance,
Korea University Business School, Korea
Closing remarks
Mark Anson, ICGN Chairman |
|
| 13:15 - 14:30 |
Farewell
Buffet lunch |
|
| 15:00 – 17:00 |
ICGN 2007 Annual General
Meeting (ICGN Members
only. Registration
opens at 14:30) |
| 17:00 - 18:00 |
Farewell drinks for ICGN
Members |
|
|
