2019 Iif Annual Membership Meeting

2019 IIF ANNUAL MEMBERSHIP MEETING DAY 1 Debt, Data, Defense of Markets and the Rise of the Intangible Economy WEDNESDAY, OCTOBER 16 Ronald Reagan Building and International Trade Center, Washington, D.C. Preliminary Agenda – Subject to Change

ATRIUM BALLROOM B

FRONTIER MARKETS: GROWING IN A VOLATILE WORLD 3:20 PM – 3:45 PM KEYNOTE SPEECH Host: Sergi Lanau + Reza Baqir, Governor, State Bank of Pakistan Deputy Chief Economist, IIF 3:45 PM – 4:30 PM AFRICA RISING 12:30 PM – 1:30 PM REGISTRATION & REFRESHMENTS + Henri Fouda, Portfolio Manager, Asset Allocation, Wellington Management Company, LLP 1:30 PM – 1:35 PM WELCOME REMARKS + Razia Khan, Chief Economist, Africa and Middle East, + Sergi Lanau, Deputy Chief Economist, IIF Standard Chartered Bank + Amine Mati, Senior Resident Representative and Mission 1:35 PM – 2:15 PM THE CENTRAL AMERICA CHALLENGE Chief for Nigeria, IMF + Jean-Dominique Bütikofer, Head of Emerging Markets, + Elina Ribakova, Deputy Chief Economist, IIF (Moderator) Voya Investment Management + Charles Robertson, Global Chief Economist, Head of + Patrick Campbell, Portfolio Manager, Eaton Vance Macro-Strategy, Renaissance Capital Management + Alina Carare, Deputy Division Chief, Central America 4:30 PM – 5:15 PM OIL EXPORTERS IN THE AGE OF SHALE Division, IMF + Garbis Iradian, Chief Economist MENA, IIF (Moderator) + Marcelo Carvalho, Head of Global Emerging Markets + Adnan Mazarei, Senior Non-Resident Fellow, Peterson Research, BNP Paribas Institute for International Economics + Martín Castellano, Head of LatAm Research, IIF + Francisco Monaldi, Fellow in Latin American Energy Policy, (Moderator) Baker Institute for Public Policy, Rice University + Juan Pablo Espinosa, Chief Economist and Head of + Alia Moubayed, Managing Director, EMEA Fixed Income Economic Research Division, Bancolombia Economics and Strategy, Jefferies International + Radwan Shaban, Chief Economist, Arab Bank Plc 2:15 PM – 2:40 PM KEYNOTE SPEECH + Alejandro Grisanti, Director, Ad-Hoc Administrative Board 5:15 PM – 5:40 PM KEYNOTE SPEECH of PDVSA; Presidential Advisor for Debt Restructuring + Tarek Amer, Governor, Central Bank of Egypt

2:40 PM – 3:20 PM SUPPLY CHAINS IN ASIA 5:40 PM – 6:05 PM KEYNOTE SPEECH + Andreas Billmeier, Economist, Western Asset Management + Rodrigo Cubero Brealey, President, Banco Central de Costa Company Rica + Prakash Kannan, Chief Economist, Head Total Portfolio Management, GIC + Ho Ee Khor, Chief Economist, ASEAN+3 Macroeconomic Research Office + Trinh Nguyen, Senior Economist, Emerging Asia, Natixis 5:30 PM – 6:30 PM “CHANGE PAYS” NETWORKING RECEPTION (ATRIUM HUB) + Reza Siregar, Head of ASEAN and India Research, IIF (Sponsored by S&P Global) (Moderator)

INVITATION ONLY (LIMITED SEATING)

9:00 AM – 11:00 AM THE FUTURE ROLE OF THE DOLLAR

12:00 PM – 2:00 PM 2019 FALL CHINA ROUNDTABLE 2:30 PM – 5:00 PM DIGITAL IDENTITY ROUNDTABLE REGISTER NOW 3:30 PM – 5:30 PM INVESTING IN WOMEN: THE ROAD TO GENDER DIVERSITY 2019 IIF ANNUAL MEMBERSHIP MEETING DAY 2 Debt, Data, Defense of Markets and the Rise of the Intangible Economy THURSDAY, OCTOBER 17 Ronald Reagan Building and International Trade Center, Washington, D.C.

ATRIUM BALLROOM A ATRIUM BALLROOM B

Host: Dylan Riddle THE GLOBAL ECONOMY AND EM Director, Corporate Communications, IIF Host: Elina Ribakova Deputy Chief Economist, IIF 7:00 AM – 8:25 AM REGISTRATION & REFRESHMENTS 7:00 AM – 8:00 AM REGISTRATION & REFRESHMENTS 8:25 AM – 8:30 AM WELCOME REMARKS + Dylan Riddle, Director, Corporate Communications, IIF 8:00 AM – 8:05 AM WELCOME REMARKS + Elina Ribakova, Deputy Chief Economist, IIF 8:30 AM – 9:00 AM FINDING THE RIGHT POLICY FRAMEWORK FOR SUSTAINABLE 8:05 AM – 8:30 AM KEYNOTE SPEECH FINANCE: VIEWS FROM THE U.S. AND E.U. + Turki Almutairi, Deputy Governor, Research and International Affairs, + Frank Elderson, Chairman, Central Banks and Supervisors Network Saudi Arabian Monetary Authority For Greening The Financial System (NGFS) + Hester Peirce, Commissioner, U.S. Securities and Exchange 8:30 AM – 9:15 AM GLOBAL OUTLOOK AND MONETARY POLICY Commission + Robin Brooks, Managing Director and Chief Economist, IIF + Gillian Tett, Chair Editorial Board and Editor-At-Large, US, Financial (Moderator) Times (Moderator) + Paul Gruenwald, Chief Economist, S&P Global Ratings + Heather Hagerty, Research Analyst, Fidelity Investments 9:00 AM – 10:00 AM IMPACT INVESTING: NOT JUST FOR MILLENNIALS + Catherine Mann, Managing Director and Global Chief + Mark Haefele, Chief Investment Officer Global Wealth Management, Economist, Citi UBS AG + Brian Sack, Director, Global Economics, D.E. Shaw Group + Marjo Koivisto, Co-Head, Responsible Investments, Nordea Asset Management 9:15 AM – 10:00 AM EMERGING MARKETS IN FOCUS + Rakhi Kumar, Senior Managing Director, Head of ESG Investments + Mauro Alessandro, Head of Economic Research, Central Bank of and Asset Stewardship, State Street Global Advisors Argentina + Kyung-Ah Park, Managing Director and Head of Environmental + Arif Amiri, Chief Executive Officer, Dubai International Financial Markets and Innovation, Sustainable Finance Group, Goldman Sachs Centre Authority & Co. + Uğur Küçük, Deputy Governor, Central Bank of the Republic of + Gillian Tett, Chair Editorial Board and Editor-At-Large, US, Financial Turkey Times (Moderator) + Chris Loewald, Head of Economic Research, South African Reserve + Glen Yelton, Head of Responsible Investment, Americas, Invesco Bank Global Asset Management + Elina Ribakova, Deputy Chief Economist, IIF (Moderator) + Dody Budi Waluyo, Deputy Governor, Bank Indonesia 10:00 AM – 11:00 AM STRENGTHENING CYBER RESILIENCE + Lori Bailey, Global Head of Cyber Risk; Commercial Insurance, Zurich 10:00 AM – 10:45 AM CAN CHINA GROW? Insurance Group + Donald Hanna, Senior Managing Director and Group Chief + Martin Boer, Director, Regulatory Affairs, IIF (Moderator) Economist, CIMB Bank + John Boles, Principal, Cyber Security, PwC + Kenneth Kang, Deputy Director, Asia & Pacific Department, IMF + Ann Lavis, Senior Vice President and U.S. Head of Information and + Gene Ma, Head of China Research, IIF (Moderator) Cyber Security Risk, HSBC Holdings Plc + Jürgen Michels, Managing Director, Chief Economist and Head of + Arthur Lindo, Deputy Director, Division of Supervision and Research, BayernLB Regulation, Board of Governors of the Federal Reserve System + Wei Yao, Chief Economist, Asia Pacific and China, Société Générale + Merlina Manocaran, Partner, McKinsey & Company + Sally Yim, Associate Managing Director, Moody's Investors Service

REGISTER NOW 2019 IIF ANNUAL MEMBERSHIP MEETING DAY 2 Debt, Data, Defense of Markets and the Rise of the Intangible Economy THURSDAY, OCTOBER 17 Ronald Reagan Building and International Trade Center, Washington, D.C.

ATRIUM BALLROOM A ATRIUM BALLROOM B

11:00 AM – 11:30 AM IN CONVERSATION 10:45 AM – 11:30 AM EM VULNERABILITY + Robin Brooks, Managing Director and Chief Economist, IIF + Sergi Lanau, Deputy Chief Economist, IIF (Moderator) (Moderator) + Esther Law, Senior Investment Manager, Emerging Markets, Amundi Asset Management + Arturo Herrera, Finance Minister, Mexico + Jens Nystedt, Senior Portfolio Manager, Emso Asset Management 11:30 AM – 12:15 PM AI & SOCIETY + Lupin Rahman, Executive Vice President and Portfolio Manager, PIMCO + Ilana Golbin, Director, Artificial Intelligence Accelerator, PwC + Mila Skulkina, Associate Portfolio Manager, Lord Abbett & Co. LLC + Swapna Malekar, Senior Manager, Product, Royal Bank of + Marcus Svedberg, Investment Strategist, Swedish Pension Fund AP4 Canada + Greer Meisels, Chief of Staff, IIF (Moderator) 11:30 AM – 12:15 PM THE EUROPE CHALLENGE + Catherine (Kitty) Parry, Founder and Chief Executive Officer, + Ryan Heath, Senior Editor, Politico (Moderator) DeepView + Beata Javorcik, Chief Economist, EBRD + Lindsey Sheppard, Associate Fellow, International Security + Marcela Meirelles, Managing Director, Global Fixed Income, TCW + Debora Revoltella, Director, Economics Department, European Program, Center for Strategic and International Studies Investment Bank + Adam Tooze, Kathryn and Shelby Cullom Davis Professor of History and Director of the European Institute, Columbia University + Angel Ubide, Managing Director and Head of Economic Research for Global Fixed Income, Citadel

Host: Michael McKee International Economics and Policy Correspondent, Bloomberg

12:15 PM – 1:30 PM IN CONVERSATION LUNCH (ATRIUM HALL) + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies; Chairman, Monetary Authority of Singapore

DATA TOWN HALL THE GLOBAL ECONOMY AND EM Host: Brad Carr Host: Michael McKee Senior Director, Digital Finance, IIF International Economics and Policy Correspondent, Bloomberg

1:30 PM – 1:50 PM IN CONVERSATION: BANK OF ENGLAND FUTURE OF FINANCE REPORT 1:30 PM – 2:00 PM IN CONVERSATION + Brad Carr, Senior Director, Digital Finance, IIF (Moderator) + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Huw van Steenis, Senior Adviser to the Chief Executive Officer, + François Villeroy de Galhau, Governor, Banque de France UBS; Former Senior Adviser to the Governor of the Bank of 2:00 PM – 2:30 PM IN CONVERSATION England + Clay Lowery, Executive Vice President, Research and Policy, IIF (Moderator) + Ignazio Visco, Governor, Bank of Italy

ATRIUM BALLROOM A ATRIUM BALLROOM B

DATA TOWN HALL THE GLOBAL ECONOMY AND EM Host: Brad Carr Host: Michael McKee Senior Director, Digital Finance, IIF International Economics and Policy Correspondent, Bloomberg

1:50 PM – 2:40 PM PERSONAL DATA RIGHTS 2:30 PM – 3:00 PM IN CONVERSATION + Vivienne Artz, Chief Privacy Officer, Refinitiv + Tymofiy Mylovanov, Minister of Economic Development, Trade and + Douglas Elliott, Partner, Oliver Wyman (Moderator) Agriculture of Ukraine + Laura Lazarczyk, Chief Legal Officer, Zurich North America + Elina Ribakova, Deputy Chief Economist, IIF (Moderator) + Noah Phillips, Commissioner, Federal Trade Commission + JoAnn Stonier, Chief Data Officer, Mastercard 3:00 PM – 4:00 PM VIEWS FROM THE C-SUITE: GLOBAL OUTLOOK + Tim Adams, President and Chief Executive Officer, IIF (Moderator) 2:40 PM – 3:30 PM ETHICAL USE OF DATA + Joseph Amato, President and Chief Investment Officer Equities, + Glenda Crisp, Chief Data Officer, National Australia Bank Ltd. Neuberger Berman Group LLC + Jaco Grobler, Chief Risk Officer, FirstRand + Jordi Gual, Chairman, CaixaBank + Melissa McSherry, Senior Vice President, Global Head of Data + Jean-Pierre Mustier, Chief Executive Officer, UniCredit Products, Visa, Inc. + Keiko Tashiro, Deputy President, Daiwa Securities Group Inc. + Michael Tang, Partner and Head of Global Digital 4:00 PM – 4:30 PM IN CONVERSATION Transformation for Financial Services, Deloitte (Moderator) + Elina Ribakova, Deputy Chief Economist, IIF (Moderator) + Paul Watkins, Director for the Office of Innovation, Consumer + Boris Vujčić, Governor, Croatian National Bank Financial Protection Bureau + Steven Winegar, International General Counsel, Ping An Group 4:30 PM – 5:00 PM IN CONVERSATION + Klaas Knot, President, De Nederlandsche Bank 3:30 PM – 4:30 PM ECONOMIC VALUE AND MONETIZATION + Clay Lowery, Executive Vice President, Research and Policy, IIF + Conan French, Senior Advisor, Digital Finance, IIF (Moderator) (Moderator) 5:00 PM – 5:30 PM KEYNOTE SPEECH + Álvaro Martín, Global Head of Data Strategy, BBVA + Pablo Hernández De Cos, Chairman, Basel Committee; Governor, + Tais O'Dwyer, Global Financial Services Strategy and Solutions, Central Bank of Spain Google Cloud + John Stecher, Chief Innovation Officer, Barclays plc 5:30 PM – 6:00 PM IN CONVERSATION + Jeni Tennison, Chief Executive Officer, Open Data Institute + Valdis Dombrovskis, Vice President, Financial Stability, Financial Services and Capital Markets Union, European Commission 4:30 PM – 5:30 PM DATA LOCALIZATION: DATA FLOWS ACROSS BORDERS + Andrés Portilla, Managing Director, Regulatory Affairs, IIF + Daniel Bahar, Assistant U.S. Trade Representative for Services (Moderator) and Investment, Office of the U.S. Trade Representative + Himamauli Das, Senior Advisor, C&M International; Chief Legal Officer and Senior Vice President, Financial Integrity Network (Moderator) + David Hardoon, Special Advisor, Artificial Intelligence, Monetary INVITATION ONLY (LIMITED SEATING) Authority of Singapore 8:30 AM – 10:00 AM ISLAMIC FINANCE ROUNDTABLE + Rakshit Kapoor, Group Chief Data Officer, HSBC Holdings Plc 11:00 AM – 12:00 PM (L)IBOR REFORM WORKSHOP + Richard Nash, Vice President, Government Relations, PayPal + Barbara Weisel, Managing Director, Rock Creek Global Advisors 3:30 PM – 5:30 PM SOVEREIGN DEBT/DEBT TRANSPARENCY ROUNDTABLE 4:00 PM – 6:00 PM IIF CYBER RISK: NEW CHALLENGES AND NEW INDUSTRY RESPONSES

REGISTER NOW 2019 IIF ANNUAL MEMBERSHIP MEETING DAY 3 Debt, Data, Defense of Markets and the Rise of the Intangible Economy FRIDAY, OCTOBER 18 Ronald Reagan Building and International Trade Center, Washington, D.C.

AMPHITHEATER Host: Michael McKee International Economics and Policy Correspondent, Bloomberg

7:30 AM – 8:15 AM REGISTRATION & REFRESHMENTS

8:15 AM – 8:30 AM WELCOME REMARKS/PRESIDENT’S REPORT + Tim Adams, President and Chief Executive Officer, IIF

8:30 AM – 9:00 AM IN CONVERSATION + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Raymond Dalio, Founder, Co-Chairman and Co-Chief Investment Officer, Bridgewater Associates

9:00 AM – 10:00 AM VIEWS FROM THE C-SUITE: GLOBAL OUTLOOK + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Ana Botín, Executive Chairman, Grupo Santander + Daniel Pinto, Co-President and Chief Operating Officer/Chief Executive Officer, Corporate Investment Bank, JPMorgan Chase + Makoto Takashima, President and Chief Executive Officer, Sumitomo Mitsui Banking Corporation + José Viñals, Group Chairman, Standard Chartered Plc + Shemara Wikramanayake, Managing Director and Chief Executive Officer, Macquarie Group Ltd.

10:00 AM – 11:00 AM VIEWS FROM THE C-SUITE: EUROPE + Howard Davies, Chairman, Royal Bank of Scotland + Jean Lemierre, Chairman of the Board, BNP Paribas + Kay Swinburne, U.K. Vice Chair of Financial Services, KPMG (Moderator) + Andreas Treichl, Chairman of the Management Board and Chief Executive, Erste Group Bank AG + Martin Zielke, Chairman of the Board of Managing Directors, Commerzbank AG

11:00 AM – 12:00 PM VIEWS FROM THE C-SUITE: ASIA + Xiaopeng Li, Chairman, China Everbright Group and China Everbright Bank + Clay Lowery, Executive Vice President, Research and Policy, IIF (Moderator) + Kanetsugu Mike, President and Chief Executive Officer, MUFG Bank, Ltd. + Vishakha Mulye, Executive Director, ICICI Bank Limited + Bill Winters, Group Chief Executive, Standard Chartered, Plc. + Yuqiang Xiao, General Manager, ICBC New York Branch; Chairman, ICBC US Region Management Committee

12:00 PM – 12:45 PM VIEWS FROM THE C-SUITE: AGENDA FOR SEIZING THE DIGITAL ERA + Brad Carr, Senior Director, Digital Finance, IIF (Moderator) + Piyush Gupta, Chief Executive Officer, DBS Group Holdings & DBS Bank Ltd. + Ralph Hamers, Chief Executive Officer and Chairman of the Executive Board, ING Group + Kati Suominen, Founder and Chief Executive Officer, Nextrade Group, LLC + Carlos Torres Vila, Chairman, BBVA

12:45 PM – 2:15 PM LUNCH: VIEWS FROM THE C-SUITE: U.S. (ATRIUM HALL) + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Jamie Dimon, Chairman and Chief Executive Officer, JPMorgan Chase & Co. + James Gorman, Chairman and Chief Executive Officer, Morgan Stanley

AMPHITHEATER ATRIUM BALLROOM A ATRIUM BALLROOM B Host: Michael McKee Host: Dion Rabouin Host: Brad Carr International Economics and Policy Correspondent, Market Editor, Axios Senior Director, Digital Finance, IIF Bloomberg

VIEWS FROM THE C-SUITE: EMERGING MARKETS GLOBALIZATION IN TRANSITION: THE RISE OF DATA, SERVICES FUTURE OF MONEY + Hakan Binbaşgil, Chief Executive Officer, Akbank AND INTANGIBLE CAPITAL + Kjerstin Braathen, Group Chief Executive, DNB + Abdul Farid Alias, Group President and Chief Executive + Richard Baldwin, Professor, International Economics, The + Christopher Brummer, Director, Institute of Officer, Maybank Graduate Institute, Geneva (IHEID) International Economic Law, Georgetown, and

– + Clay Lowery, Executive Vice President, Research and + Christine Bliss, President, Coalition of Services Industries Host, Fintech Beat Podcast Policy, IIF (Moderator) + Carol Corrado, Senior Advisor and Research Director, The + Christopher Giancarlo, Former Chairman, U.S. + Juan Carlos Mora Uribe, Chief Executive Officer, Conference Board; Senior Scholar at McDonough School’s Commodity Futures Trading Commission

Bancolombia Center for Business and Public Policy, Georgetown University + Charlotte Hogg, Chief Executive Officer, 3:15 3:15 PM 2:30 2:30 PM + Rania Mahmoud Nashar, Chief Executive Officer, + Shawn Donnan, Senior Writer, Bloomberg News (Moderator) Europe, Visa Samba Financial Group + Susan Lund, Partner, McKinsey Global Institute + Timothy Lane, Deputy Governor, Bank of + Sim Tshabalala, Group Chief Executive, Standard Bank + Sherry Madera, Chief of Industry and Government Affairs, Canada Group Refinitiv + Theresa Paraschac, Executive Director Global Public Policy, DTCC (Moderator)

GLOBAL OUTLOOK AND TOP MARKET RISKS THE WORLD IS BETTER THAN YOU THINK COMPETITION IN THE AGE OF DIGITAL + Pascal Blanqué, Group Chief Investment Officer, + Michael Cohen, National Political Columnist, Boston Globe PLATFORMS Amundi + Bobby Duffy, Professor of Public Policy and Director of the + Ana Arsov, Managing Director, Financial + Joachim Fels, Managing Director and Global Economic Policy Institute, King's College London Institutions Group, Moody's Investor Service

– Advisor, PIMCO + Shareen Joshi, Associate Professor Edmund A. Walsh School (Moderator) + Janet Henry, Global Chief Economist, HSBC Holdings of Foreign Service, Georgetown University + Timothy Jones, Head of Innovation, Plc + Steven Radelet, Professor of the Practice of Development and Transamerica

+ Sergi Lanau, Deputy Chief Economist, IIF (Moderator) Director of the Global Human Development Program, + Aiaz Kazi, Chief Platform Officer, Santander S.A. 4:10 4:10 PM 3:25 3:25 PM + Rebecca Patterson, Chief Investment Officer, Bessemer Edmund A. Walsh School of Foreign Service, Georgetown + David Scola, Head of North America and Acting Trust University (Moderator) Chief Executive, Americas and U.K., SWIFT + Marian Tupy, Senior Policy Analyst, Center for Global Liberty + Huw van Steenis, Senior Adviser to the Chief and Prosperity, Cato Institute Executive Officer, UBS; Former Senior Adviser to the Governor of the Bank of England

U.S. OUTLOOK TRADE TRENDS AND OUTLOOK MACHINE LEARNING IN FINANCE + Beth Ann Bovino, Managing Director, U.S. Chief + Charlene Barshefsky, Senior International Partner, WilmerHale + Magnus Agustsson, Chief Risk Officer, SEB Economist, S&P Global Ratings Services + Douglas Bell, Global Trade Policy Leader, EY + Natalia Bailey, Associate Policy Advisor, Digital + Charlie Cook, Editor and Publisher of The Cook + Karan Bhatia, Vice President, Government Affairs and Public Finance, IIF

– Political Report and Columnist for the National Journal Policy, Google + Nick Cafferillo, Chief Data and Technology + Carroll Doherty, Director, Political Research, Pew + Chad Bown, Senior Fellow, Peterson Institute For International Officer, S&P Global (Moderator) Research Center Economics + Rob Hegarty, General Manager, Financial

+ Tony Fratto, Partner, Hamilton Place Strategies, LLC + Shawn Donnan, Senior Writer, Bloomberg News (Moderator) Markets & Fintech, DataRobot 5:05 5:05 PM 4:20 4:20 PM (Moderator) + Stephen Vaughn, Partner, International Trade, King & + Tom Mutton, Director, Fintech, Bank of England + Douglas Holtz-Eakin, President, American Action Spalding LLP Forum + James Hohmann, National Political Correspondent and Author of The Daily 202, The Washington Post

E.U. POST ELECTIONS/BREXIT CAPITALISM’S CRISIS OF CONFIDENCE QUANTUM COMPUTING + Jon Cunliffe, Deputy Governor, Financial Stability, Bank + Anatole Kaletsky, Founding Partner and Chief Economist, + Michael Brett, Senior Vice President, of England Gavekal Dragonomics Applications, Rigetti Computing + José Manuel González-Páramo, Head of Global + Dambisa Moyo, Global Economist and Author + Conan French, Senior Advisor, Digital Finance, Economics and Public Affairs, BBVA + Rainer Zitelmann, Author, The Power of Capitalism IIF (Moderator) – + Jean Pisani-Ferry, Senior Fellow, Bruegel, and Visiting + Martin Wolf, Associate Editor and Chief Economics + Daniel Moore, Chief Risk Officer, Scotiabank Fellow, PIIE Commentator, Financial Times, London (Moderator) + Michele Mosca, Co-founder of the Institute for

+ Robert Priester, Chief European Representative and Quantum Computing, University of Waterloo 6:00 6:00 PM

5:15 5:15 PM Regulatory Counsel, IIF (Moderator) + William Oliver, Professor of Electrical + Klaus Regling, Managing Director, European Stability Engineering and Lincoln Laboratory Fellow, MIT Mechanism + Denise Ruffner, Chief Business Officer, + Stéphanie Yon-Courtin, Vice-President, Committee on Cambridge Quantum Computing Economic and Monetary Affairs; Member of the European Parliament

NETWORKING RECEPTION (ATRIUM HUB) 6:00 PM - 7:30 PM

INVITATION ONLY 2:00 PM – 5:00 PM MAINSTREAMING SUSTAINABLE FINANCE ROUNDTABLE REGISTER NOW 2019 IIF ANNUAL MEMBERSHIP MEETING DAY 4 Debt, Data, Defense of Markets and the Rise of the Intangible Economy SATURDAY, OCTOBER 19 Ronald Reagan Building and International Trade Center, Washington, D.C.

ATRIUM HALL Host: Michael McKee International Economics and Policy Correspondent, Bloomberg

7:00 AM – 8:00 AM REGISTRATION

7:30 AM – 8:00 AM BREAKFAST & REFRESHMENTS

8:00 AM – 8:50 AM BREAKFAST CONVERSATION: EYE-OPENER WITH THE MEDIA + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Greg Ip, Chief Economics Commentator, The Wall Street Journal + Deborah Solomon, Economics Editor, New York Times + Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, London AMPHITHEATER Host: Michael McKee International Economics and Policy Correspondent, Bloomberg

9:00 AM – 9:50 AM VIEWS FROM THE C-SUITE: GLOBAL OUTLOOK + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Ron O’Hanley, President and Chief Executive Officer, State Street Corporation + Brian Porter, President and Chief Executive Officer, Scotiabank + Philipp Rickenbacher, Chief Executive Officer, Bank Julius Baer & Co. Ltd. AMPHITHEATER+ Olaug Svarva, Board Chair, DNB ATRIUM BALLROOM A ATRIUM BALLROOM B AMPHITHEATER ATRIUM BALLROOM A ATRIUM BALLROOM B Host: Michael McKee Host: Dion Rabouin Host: Andrés Portilla International Economics and Policy Correspondent, Market Editor, Axios Managing Director, Regulatory Affairs, IIF Bloomberg

VIEWS FROM THE C-SUITE: GREEN IS THE NEW BLACK MARKETS TRENDS IN 2020 RESISTING MARKET FRAGMENTATION + Audrey Choi, Chief Marketing Officer and Chief + Elga Bartsch, Managing Director, Head of + Ryozo Himino, Chair, FSB Roundtable on Market Sustainability Officer, Morgan Stanley Economic and Markets Research, BlackRock Fragmentation, Financial Services Agency, Japan + Sonja Gibbs, Managing Director, Global Policy Initiatives, Investment Institute + Andrés Portilla, Managing Director, Regulatory Affairs, IIF (Moderator) + Joyce Chang, Chair of Global Research, J.P. Morgan IIF (Moderator) – + Michel Liès, Chairman of the Board, Zurich Insurance Corporate and Investment Bank + Faryar Shirzad, Global Co-Head, Office of Government Group + Megan Greene, Senior Fellow at the Mossavar- Affairs, Goldman Sachs International + Douglas Peterson, President and Chief Executive Officer, Rahmani Center for Business and Government (M- + Debra Stone, Managing Director and Head of

10:50 10:50 AM S&P Global RCBG), Harvard Kennedy School Corporate Regulatory Affairs, JPMorgan Chase & Co. 10:00 10:00 AM + Johan Torgeby, President and Chief Executive Officer, + Michala Marcussen, Group Chief Economist and + Mark Van der Weide, General Counsel, Board of SEB Group Head of Economic and Sector Research, Société Governors of the Federal Reserve System + Kees Van Dijkhuizen, Chief Executive Officer and Générale Chairman of the Managing Board, ABN AMRO Group + Elina Ribakova, Deputy Chief Economist, IIF (Moderator)

REGISTER NOW 2019 IIF ANNUAL MEMBERSHIP MEETING DAY 4 Debt, Data, Defense of Markets and the Rise of the Intangible Economy SATURDAY, OCTOBER 19 Ronald Reagan Building and International Trade Center, Washington, D.C.

AMPHITHEATER ATRIUM BALLROOM A ATRIUM BALLROOM B Host: Michael McKee Host: Dion Rabouin Host: Andrés Portilla International Economics and Policy Correspondent, Market Editor, Axios Managing Director, Regulatory Affairs, IIF Bloomberg

THE CHALLENGE OF CENTRAL BANKING: FINDING THE LOWER FOR LONGER AND LONGER: MAPPING RISKS TAKING STOCK OF REGULATORY REFORM: ASSESSING NEW NORMAL IN A PERSISTENTLY LOW INFLATION AND VULNERABILITIES IN FINANCIAL MARKETS IMPACT AND POTENTIAL UNINTENDED CONSEQUENCES WORLD AND NAVIGATING PROGRESSIVE POLITICS & + Frédéric Drevon, Managing Director, Global + John Dugan, Chairman, Citigroup, Inc. POLICIES Banking, Moody's Investors Service + Douglas Elliott, Partner, Oliver Wyman

– + Lorenzo Bini Smaghi, Chairman of the Board, Société + Lisa Emsbo-Mattingly, Director of Research, Global + Richard Gray, Deputy Director, Regulatory Affairs, IIF Générale Asset Allocation, Fidelity Investments (Moderator) + Bill Dudley, Senior Research Scholar at the Griswold + Sonja Gibbs, Managing Director, Global Policy + Felix Hufeld, President, BaFin

Center for Economic Policy Studies, Princeton University Initiatives, IIF (Moderator) + Frédéric Oudéa, Chief Executive Officer, Société 11:50 11:50 AM 11:00 11:00 AM + Stanley Fischer, Senior Adviser, BlackRock Inc. + Nellie Liang, Miriam K. Carliner Senior Fellow, Générale + Jacob Frenkel, Chairman, JPMorgan Chase International Brookings Institution + Benjamin Weigert, Director General, Financial (Moderator) + Geert Wijnhoven, Group Treasurer, ING Stability, Deutsche Bundesbank + John Taylor, Mary and Robert Raymond Professor of Economics, Stanford University

DROWNING IN A SEA OF RED INK-BUT DOES DEBT REALLY CAPITAL FLOWS TO EM GLOBAL FIGHT AGAINST FINANCIAL CRIME MATTER? + Robin Brooks, Managing Director and Chief + Jay Collins, Vice Chairman, Corporate and Investment + Jason Furman, Professor of the Practice of Economic Economist, IIF (Moderator) Banking, Citi Policy, Harvard Kennedy School + Brian Coulton, Chief Economist, Fitch Ratings + Matthew Ekberg, Head of London Office and Senior

– + Lori Heinel, Deputy Global Chief Investment Officer, + Tania Reif, Investment Manager, Alphadyne Asset Policy Advisor, IIF (Moderator) State Street Global Advisors Management + Marcus Pleyer, Vice President, FATF + James McCormack, Managing Director, Global Head of + Gorky Urquieta, Managing Director, Senior + Sarah Runge, Global Head, Financial Crime

Sovereign and Supranational Ratings, Fitch Ratings Portfolio Manager and Global Co-Head of Compliance Regulatory Strategy, Credit Suisse AG 12:50 12:50 PM 12:00 12:00 PM (Moderator) Emerging Markets Debt, Neuberger Berman + Marcus Wogart, Global Head of Financial Crime + Gilles Moëc, Chief Economist, AXA + Robert Waldner, Chief Strategist, Invesco Fixed Compliance, Retail Bank and Wealth Management; + Clare Woodman, Head of EMEA and Chief Executive Income Global Head of FCC Framework, HSBC Group Officer, Morgan Stanley & Co. International Plc + Juan Zarate, Chairman and Co-Founder, Financial Integrity Network

INVITATION ONLY 2:30 PM – 5:00 PM GLOBAL FINANCIAL CRIME RISK ROUNDTABLE REGISTER NOW 2019 IIF ANNUAL MEMBERSHIP MEETING DAY 4 Debt, Data, Defense of Markets and the Rise of the Intangible Economy SATURDAY, OCTOBER 19 Ronald Reagan Building and International Trade Center, Washington, D.C.

ATRIUM HALL Host: Michael McKee International Economics and Policy Correspondent, Bloomberg

1:00 PM – 2:20 PM LUNCH: BIG THINK + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Stephanie Flanders, Senior Executive Editor for Economics, Bloomberg + Glenn Hubbard, Dean Emeritus of Columbia Business School and Russell L. Carson Professor of Finance and Economics, Columbia University + Raghuram Rajan, Katherine Dusak Miller Distinguished Service Professor of Finance, University of Chicago Booth School of Business + Axel Weber, Chairman of the Board of Directors, UBS Group AG; Chairman, IIF

ATRIUM BALLROOM B Host: Michael McKee International Economics and Policy Correspondent, Bloomberg

2:30 PM – 3:00 PM IN CONVERSATION + Robin Brooks, Managing Director and Chief Economist, IIF (Moderator) + Nadia Calviño, Minister of Economy and Business, Ministry of Economy, Spain

3:00 PM – 3:30 PM IN CONVERSATION + Tim Adams, President and Chief Executive Officer, IIF (Moderator) + Lawrence H. Summers, President Emeritus and Charles W. Eliot Professor, Harvard University

As of 10/18/2019