2008 ICGN Annual Conference, Seoul, Korea

Conference Programme The Shilla Hotel, Seoul

Wednesday 18th June, 2008
09:00 - 18:00	Delegate Registration (available all day)
10:30 - 16:30	ICGN Committee Meetings (Members only)

Annual Conference
17:00 - 17:45	Conference Opening Senior Representative, New Korean Government Official Host Welcome Jung-hwan Lee, Chairman & CEO, Korea Exchange Conference Introduction Peter Montagnon, Chairman, ICGN	Jung-hwan Lee

17:45 - 19:15	An Asian overview - corporate governance where next? 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 tba Response Dr Daochi Tong, Director General for International Affairs, China Securities Regulatory Commission Jing Ulrich, Chairman, China Equities, JPMorgan Securities Hugh Young, Managing Director, Aberdeen Asset Management Asia Ltd, Singapore Moderator Professor Hasung Jang, Dean, Korea University	Hugh Young

Welcome Reception
19:30 - 21:00	Korean Gardens, Shilla Hotel Welcome Address The Mayor of Seoul

Thursday 19th June, 2008
07:30 - 08:30	Networking Breakfast

08:30 - 10:00	Progress of international corporate governance reform and next steps 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	Ángel Gurria Ira Millstein

10:00 - 10:30	Refreshments

10:30 - 11:45	Corporate reporting: trends and tensions in convergence 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 Roderick Munsters, Chief Investment Officer, APG Investments, Netherlands Jeff Willemain, Global Managing Partner-Regulatory & Risk, Deloitte Touche Tohmatsu, USA Zhang Xiangzhi, Director, Accounting Regulatory Department, Ministry of Finance, China Moderator John Hegarty, Head, Centre for Financial Reporting Reform, The World Bank, Austria	V. Balakrishnan

11:45 - 12:45	Breakout Sessions: what is to be done about... 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 Provocateur: Damon Silvers, Associate General Counsel, AFL-CIO, USA Rapporteur: Lee Kha Loon, Head Asia Pacific, CFA Institute for Financial Market Integrity, Hong Kong	Kha Loon Lee
	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	Giulia Paone
	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	Ann Byrne
	Minority shareholder protection: dealing with state, family & other controlling owners Provocateur: Alexander Ikonnikov, Chairman, Independent Directors Association, Russia Jungwoo Kim, Director, Allianz Global Investors, Korea Rapporteur: Teresa Barger, Chief Executive and Chief Investment Officer, Cartica Capital Partners, USA	Teresa Barger

12:45 - 14:00	Lunch

14:00 - 15:00	Breakout Sessions: Rapporteur Reports 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	Anita Skipper
	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

15:00 - 16:00	Cross border regulation, co-operation and competition 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 Sophie L'Helias, Principal, L'Helias LLC, Strategic Governance Advisors, France	Chris Ailman

16:00 - 16:30	Refreshments

16:30 - 17:30	Hot Topic Workshops: what is driving corporate governance change? 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? Ana Maria Elorrieta, Risk and Quality Leader South America, PricewaterhouseCoopers, Brazil Robert Hodgkinson, Executive Director, Technical, ICAEW, UK Jules Muis, Former Vice President and Controller, World Bank, USA 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 Charuvastra, President & CEO, Thai Institute of Directors, Thailand 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 Alexander Filatov, Board Member, Moscow Stock Exchange Professor Lu Tong, Chinese Academy of Social Science José Luiz Osório, Managing Partner, Jardim Botânico Partners, Brazil Dr YRK Reddy, Founder Trustee, Academy of Corporate Governance, India

Gala Dinner
18:30 - 21:30	Changgyeong Palace
22:15 - 23:00	After dinner drinks at the Shilla Hotel

Friday 20th June, 2008
07:30 - 08:30	Networking Breakfast

08:30 - 10:00	New risks and opportunities in the capital markets Capital markets are becoming more diverse. Sophisticated investment is leading to questions around transparency and accountability. There are worries about risk management and mechanisms that separate economic interests from control. Who are the new power brokers in the capital markets - hedge funds, private equity and sovereign wealth funds and how should they be governed?
	Global Dialogue John Evans, General Secretary, Trade Union Advisory Committee to the OECD Bill Hwang, Chief Executive Officer, Tiger Asian Management Company Wayne Kozun, Senior VP, Public Equities, Ontario Teachers' Pension Plan, Canada John Il Kwun, Managing Director, The Carlyle Group Rosemary Martin, outgoing General Counsel and Company Secretary, Reuters, UK Moderator John Plender, Senior Editorial Writer & Columnist, the Financial Times	Rosemary Martin

10:00 - 10:30	Refreshments

10:30 - 11:30	Proxy Voting Agencies - help or hindrance?
	Global Dialogue Kayla Gillan, Chief Administrative Officer, RiskMetrics Group, USA KT Rabin, CEO, Glass Lewis Phil Spathis, Manager, Governance and Engagement, ACSI, Australia Moderator Stephen Davis, Policy Director, Millstein Center for Corporate Governance and performance, USA	Kayla Gillan

11:30 - 12:30	Directors & shareholder dialogue - getting onto the same page Directors, shareholders and stakeholders have a common core interest - the long term wealth creation of companies. All too often it appears that directors and owners are in conflict, not cooperation. What needs to be done on both sides to promote a shared sense of endeavour in pursuing the success of the company?

	Opening Remarks Peggy Foran, Counsel and Senior Vice President, Pfizer, USA Response José Guimarães Monforte, Founding Partner of Pragma Patrimônio, Brazil Dennis Johnson, Head of Corporate Governance, CalPERS, USA Yuji Kage, Managing Director, Pension Fund Association, Japan Moderator Roger Dickinson, Chief Executive, Institute of Chartered Secretaries and Administrators International, UK	Peggy Foran
12:30 - 13:00	Closing Remarks Peter Montagnon, Chairman, ICGN Welcome to ICGN 2009, Sydney, Australia Michael O'Sullivan, President, Australian Council of Superannuation Investors

13:00 - 14:00	Lunch

Annual General Meeting
14:30 - 16:30	2008 ICGN Annual General Meeting (Members only)
16:30 - 17:30	Farewell Drinks
*Please note: Other speakers to be confirmed. Programme subject to change*

Annual Conference

Welcome Reception

Gala Dinner

Annual General Meeting