Programme

Delegate Registration (available all day) 8:00am - 7:00pm

ICGN Committee Meetings (Members only) 10:00am - 4:00pm

Conference Opening 4:00pm - 5:00pm

Seung-soo Han

Jung-hwan Lee

Seung-soo Han, Prime Minister, Republic of Korea

Official Host Welcome

Jung-hwan Lee, Chairman & CEO, Korea Exchange

Conference Introduction

Peter Montagnon, Chairman, ICGN

An Asian overview - corporate governance where next? 5:45pm - 7:15pm

Hugh Young

What progress has there been since the Asia Crisis 10 years ago and what are the priorities for reform? How does this impact on corporate governance regionally and globally?Where is the unfinished business and who will take it on?  

Overview

Jesus Estanislao, President and CEO, The Institute of Corporate Directors, Philippines, Member of the Private Sector Advisory Group to the Global Corporate Governance Forum

Response

• Taiji Okusu, Managing Director, Credit Suisse Securities Limited, Japan
  
• Jing Ulrich, Chairman, China Equities, JPMorgan Securities
  
• Hugh Young, Managing Director, Aberdeen Asset Management Asia Ltd, Singapore

Moderator

Professor Hasung Jang, Dean, Korea University

Welcome Reception 7:30pm - 9:00pm

Se-hoon Oh

Korean Gardens, Shilla Hotel

Welcome Address

Se-hoon Oh, The Mayor of Seoul

Progress of international corporate governance reform and next steps 12:03am - 12:30am

Ángel Gurria

Ira Millstein

Opening Address

Ángel Gurria, Secretary General, OECD

Response

Ira Millstein, Senior Associate Dean for Corporate Governance, Yale School of Management & Senior Partner, Weil Gotshal & Manges, USA

Moderator

Anne Simpson, Executive Director, ICGN

Networking Breakfast 7:30am - 12:30am

Corporate reporting: trends and tensions in convergence 9:30am - 10:45am

V. Balakrishnan

Global convergence in financial reporting is becoming a reality. But is it sup-optimal to have one single set of standards? What are the challenges this poses as companies implement IFRS? Are these standards being followed effectively and do they serve the interests of investors?

Opening Remarks

V. Balakrishnan, Chief Financial Officer, Infosys Technologies Limited, India

Global Dialogue

Euleen Goh, Chairman, Accounting Standards Council, Ministry of Finance, Singapore
Jeff Willemain, Global Managing Partner-Regulatory & Risk, Deloitte Touche Tohmatsu, USA
Zhang Xiangzhi, Director, Accounting Regulatory Department, Ministry of Finance, China

Moderator

Roderick Munsters, Chief Investment Officer, APG Investments, Netherlands

Refreshments 10:45am - 11:15am

Breakout Sessions: what is to be done about... 11:15am - 12:45pm

Kha Loon Lee

Giulia Paone

Ann Byrne

Teresa Barger

Delegates shape debate on provocative issues and consider recommendations for action by attending one of the following sessions:

Financial sector governance and the sub prime meltdown: easing volatility

Provocateurs:

Jean-Pierre Hellebuyck, Vice Chairman, Axa Investment Managers, France
Damon Silvers, Associate General Counsel, AFL-CIO, USA

Rapporteur:

Kha Loon Lee, Head Asia Pacific, CFA Institute for Financial Market Integrity, Hong Kong

Cross border voting: overcoming the barriers to promote investment

Provocateurs:

Jamie Allen, Secretary General, Asian Corporate Governance Association, Hong Kong
Giulia Paone, Research Scholar, Center for Corporate Governance, Tuck School of Business at Dartmouth, USA
Runa Urheim, Norges Bank Investment Management, Norway

Rapporteur:

John Wilcox, Chairman, Sodali Ltd

Promoting environmental sustainability and social responsibility: from warm words to action

Provocateurs:

Ann Byrne, Chief Executive Officer, Australian Council of Superannuation Investors
Geoff Rothschild, Director, Government and International Affairs, JSE Ltd, South Africa

Rapporteur:

Namhla Thina Siwendu, Partner, Siwendu & Partners Inc, South Africa

Minority shareholder protection: dealing with state, family & other controlling owners

Provocateur:

Alexander Ikonnikov, Chairman, Independent Directors Association, Russia

Rapporteur:

Teresa Barger, Chief Executive and Chief Investment Officer, Cartica Capital Partners, USA

Lunch 12:45pm - 2:00pm

Breakout Sessions: Rapporteur Reports 2:00pm - 3:00pm

Anita Skipper

Delegates hear the outcome of discussions from the Breakouts Sessions and vote on proposed recommendations.

Moderator

Anita Skipper, Head of Corporate Governance, Morley Asset Management, UK     

Financial sector governance and the sub prime meltdown: easing volatility

Rapporteur: Lee Kha Loon, Head Asia Pacific, CFA Institute for Financial Market Integrity, Hong Kong

Cross border voting: overcoming the barriers to promote investment

Rapporteur: John Wilcox, Chairman, Sodali Ltd

Promoting environmental sustainability and social responsibility: from warm words to action

Rapporteur: Namhla Thina Siwendu, Partner, Siwendu & Partners Inc, South Africa

Minority shareholder protection: dealing with state, family & other controlling owners

Rapporteur: Teresa Barger, Chief Executive and Chief Investment Officer, Cartica Capital Partners, USA 

Cross border regulation, co-operation and competition 3:00pm - 4:00pm

Chris Ailman

Capital markets are becoming increasingly integrated and investors seek opportunity on a global scale. Do different approaches to regulatory enforcement undermine global harmonisation? Is competition between markets a pressure that raises or drives down standards?

Opening Remarks

Chris Ailman, Chief Investment Officer, CalSTRS & President, Pacific Pensions Institute

Global Dialogue

Ethiopis Tafara, Director of International Affairs, US Securities & Exchange Commission, USA
Martin Wheatley, Chief Executive Officer, Securities & Futures Commission, Hong Kong
Eddy Wymeersch, Chairman, European Committee of Securities Regulators, Belgium

Moderator

Chris Ailman, Chief Investment Officer, CalSTRS & President, Pacific Pensions Institute

Refreshments 4:00pm - 4:30pm

Hot Topic Workshops: what is driving corporate governance change? 4:30pm - 5:30pm

Delegates share experience and develop knowledge on new drivers for change in corporate governance by attending one of the following workshops:

Governance of gatekeepers: who guards the guards?

Robert Hodgkinson, Executive Director, Technical, ICAEW, UK
Colin Melvin, CEO, Hermes Equity Ownership Services Ltd, UK
Jules Muis, Former Vice President and Controller, World Bank, USA
David Phillips, Senior Assurance Partner, PricewaterhouseCoopers, UK

Shareholder activism: how do mainstream investors respond?

Eric Knight, Chief Investment Officer and Co-founder, Knight Vinke Asset Management LLC, Monaco
David Pitt-Watson, Chair, Hermes Equity Ownership Services, UK
Robert Prugue, Managing Director, Lazards Asset Management, Australia
Simon Wong, Head of Corporate Governance, Barclays Global Investors, UK

Board Evaluation: how do boards drive value creation?

Charnchai Charuvastr, Member of the Private Sector Advisory Group of the Global Corporate Governance Forum, Thailand
Mauro R Cunha, Partner and Head of Equities, Maua Investimentos, Brazil
Hye-Won Choi, Senior VP & Head of Corporate Governance, TIAA-CREF, USA
Geoffrey Shepheard, Director, Board Performance Unit, ICSA, UK

Emergence of BRIC economies: what is the impact on corporate governance?

Philip Armstrong, Head, Global Corporate Governance Forum, International Finance Corporation, USA
Manoj Arora, Director, Ministry of Corporate Affairs, Government of India, India
Alexander Filatov, Board Member, Moscow Stock Exchange
Professor Lu Tong, Chinese Academy of Social Sciences
José Luiz Osório, Managing Partner, Jardim Botânico Partners, Brazil

Gala Dinner - Busses leave Shilla Hotel for the Palace 6:50pm

Pre-dinner refreshments 7:30pm - 8:00pm

Gala Dinner - Changgyeong Palace 8:00pm - 9:00pm

Dr. Jun Kwang-Woo

Guest Speaker

H.E. Dr. Jun Kwang-Woo, Chairman of the Korean Financial Services Commission

Gala Dinner - Transfer by bus to the Shilla Hotel 10:00pm