4Th PRIVATE BANKING SUMMIT Competitive Growth Strategies in Private Banking
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30th and 31st August 2005 | Renaissance Hotel, Zurich 4th PRIVATE BANKING SUMMIT Competitive Growth Strategies in Private Banking Panelists and Speakers 29th August 2005 Keynote 30th August 2005: Raymond J. Baer Renaissance Hotel, Zurich Chairman of the Board of Directors, Julius Baer Holding Ltd., Zurich Pre-Conference Day Keynote 31st August 2005: ISLAMIC FINANCE François Debiesse Chief Executive Officer Private Banking, Market Potential – BNP Paribas, Paris Corporate Governance – Products and Services Dr. Thomas Bächtold Philippe Jouard Pictet & Cie, Geneva and Zurich Dexia BIL, Luxembourg Nizar Alshubaily, Global Head of Niklaus C. Baumann Prof. René Kästli Islamic Finance, Deutsche Bank Ltd., Baumann & Cie, Private Bankers, Basel/ Swiss Federal Banking Commission, Berne London and Bahrain Swiss Private Bankers Association, Geneva Eduardo Leemann Dr. Mohd Daud Bakar, President Jens O. Bernecker AIG Private Bank Ltd., Zurich and CEO, International Institute of Islamic Finance Malaysia, Kuala Lumpur Bernecker & Cie GmbH & Co. KG, Duesseldorf Adrian F. Leuenberger Dr. Pius Bienz Bank Leu Ltd., Zurich Accenture AG, Zurich Dr. Urs Monstein Bruce Albrecht Arthur Bolliger Ehinger & Armand von Ernst AG, Zurich P&C Global Wealth Managers S.A., Zurich Maerki Baumann & Co. AG – Private Bank, Zurich Dr. Eduardo Schindler Richard C. Ritter Jean-Pierre Cuoni 2thePoint, Zurich Attorney-at-Law, Zurich/ EFG Bank, Zurich Thomas Schmidt ILC International Legal Consultants, Dubai and Singapore Eftychia Fischer Coutts Bank von Ernst Ltd., Zurich Marco Rochat EFG Bank, Zurich Ray Soudah Faisal Finance (Switzerland) S.A., Geneva Georges Gagnebin MilleniumAssociates Ltd., Zug Dawood Yousef Taylor SBC Wealth Management AG, Zurich/ Emil Tedeschi Bank Al Jazira, Jeddah Ferrier Lullin & Cie SA, Geneva Atlantic Grupa Ltd., Zagreb Anthony Travis Bénédict G. F. Hentsch Islamic Financial Services Board, Kuala Lumpur GEM Global Estate Managers S.A., Geneva/ Conference Chairman: Dr. Teodoro Cocca Banque Bénédict Hentsch & Cie S.A., Geneva Swiss Banking Institute, University of Zurich, Zurich Conference Chairman: Gérard Al-Fil Financial Journalist, Dubai To register, call the booking hotline on +41–44–288 94 51 Sponsored by: Conception and Organisation: Introduction 2 GROWTH AND COMPETITIVENESS With a market share of 31% Switzerland's wealth Expected growth rates for Asia are around 7% annually managers are the world leaders in the off-shore compared to 4% for Europe. New financial off-shore banking asset management business. This conference is locations in the Middle and Far East are entering the arena and are a great opportunity to meet and exchange with them. gearing up to successfully challenge Switzerland – the private banking center par excellence. Cost cutting and the optimization of the cost-income ratio may be very important. But the key factor for success will be Swiss private banking has always had a strong global the generation of new sources of income. Penetration of new orientation. To remain best in class and retain its position at the markets is what will pay off in the future! According to industry top, it is more important than ever to keep a close watch on data, almost every second private bank is planning an acquisition foreign markets and analyze new competitive business strategies. in the near future. This important conference features a number of prominent experts and is designed to be the platform on this topic. Attend The efficient exploitation of new markets in Europe, in the and take advantage of an unparalleled chance to learn about Middle East and Asia requires elaborate on-shore strategies that these new and emerging opportunities. are different from traditional off-shore banking strategies. I am looking forward to welcoming you. Brigitte Strebel, Editor in Chief, Schweizer Bank Agenda Agenda PRIVATE BANKING SUMMIT 2005 ISLAMIC FINANCE (Pre-Conference Day) National and international growth opportunities Ethical tailor-made wealth management for the Middle East in private banking and for family offices Islamic finance – recommended standards of corporate gover- New on-shore market opportunities in Europe, nance, risk management and financial reporting the Middle East and Asia Islamic funds and sukuk Generate new money – winning the race for A road map for the development of a Sharia-compliant life high net worth individuals (HNWI) insurance and savings programme Integrated wealth management – new initiatives for family offices Wealth management and corporate finance services – distant cousins or twin brothers The future belongs to niche players How to prevent the outflow of assets Optimal cost management strategies Industrialization in private banking Explore more than 10 practical examples of successfully growing private banks and family offices and exchange ideas with their top executives. To register, call the booking hotline on +41–44–288 94 51 Speakers 3 Panelists, Speakers and Chairmen Bruce Albrecht, Member of the Board Dr. Teodoro Cocca, Senior Researcher, Dr. Urs Monstein, Member of the of Directors, P&C Global Wealth Swiss Banking Institute, University of Executive Board and COO, Ehinger Managers S.A., Zurich, in Abu Dhabi Zurich, Zurich [Conference Chairman & Armand von Ernst AG, Zurich Private Banking Summit] Gérard Al-Fil, Financial Journalist, Jean-Pierre Cuoni, Chairman, Richard C. Ritter, Attorney-at-Law, Dubai [Conference Chairman Islamic EFG Bank, Zurich Zurich/ILC International Legal Finance] Consultants, Dubai and Singapore Nizar Alshubaily, Global Head of François Debiesse, Chief Executive Marco Rochat, CEO, Faisal Finance Islamic Finance, Deutsche Bank Ltd., Officer Private Banking, BNP Paribas, (Switzerland) S.A., Geneva London and Bahrain Paris Dr. Mohd Daud Bakar, President and Eftychia Fischer, Global Head of Trading Dr. Eduardo Schindler, Founder and CEO, International Institute of Islamic and Treasury, EFG Bank, Zurich CEO, 2thePoint, Zurich Finance Malaysia, Kuala Lumpur Dr. Thomas Bächtold, Senior Vice Georges Gagnebin, Vice Chairman, Thomas Schmidt, Member of the President, Pictet Family Office, SBC Wealth Management AG, Zurich, General Management Committee and Pictet & Cie, Geneva and Zurich and Chairman of the Board of Directors, Head of Private Banking, Coutts Bank Ferrier Lullin & Cie SA, Geneva von Ernst Ltd., Zurich Raymond J. Baer, President of the Bénédict G. F. Hentsch, Co-Founder, Ray Soudah, Founder, Board of Directors, Julius Baer GEM Global Estate Managers S.A., MilleniumAssociates Ltd., Zug Holding Ltd., Zurich Geneva, and Chairman, Banque Bénédict Hentsch & Cie S.A., Geneva Niklaus C. Baumann, Managing Philippe Jouard, Member of Dexia BIL Dawood Yousef Taylor, Head of Takaful Partner, Baumann & Cie, Private Bankers, Executive Board and Head of Dexia Ta'awuni, Bank Al Jazira, Jeddah Basel, and former President of the Swiss Private Banking, Luxembourg Private Bankers Association, Geneva Jens O. Bernecker, CEO, Bernecker Prof. René Kästli, Member of the Swiss Emil Tedeschi, Chairman and CEO, & Cie GmbH & Co. KG, Duesseldorf Federal Banking Commission, Berne Atlantic Grupa Ltd., Zagreb Dr. Pius Bienz, Partner Financial Eduardo Leemann, CEO, AIG Private Anthony Travis, Consultant to the Services, Accenture AG, Zurich Bank Ltd., Zurich Islamic Financial Services Board, Kuala Lumpur Arthur Bolliger, CEO, Maerki Baumann Adrian F. Leuenberger, Member of the & Co. AG – Private Bank, Zurich Executive Board and Head of Private Banking International, Bank Leu Ltd., For more detailed information about speakers, Zurich panelists and chairmen please visit www.private-banking-summit.com To register, call the booking hotline on +41–44–288 94 51 Program 4 Pre-Conference Day: Monday, 29th August 2005 ISLAMIC FINANCE Islamic finance is no longer only a matter of the Muslim world. It is an international phenomenon. 8.00 Reception with coffee, tea and croissants. H. H. Mohamed Khalfan bin Kharbash, Minister of State Distribution of conference documentation for Finance and Industry, Chairman, Dubai Islamic Bank, UAE 8.30 Welcome and introduction of the conference theme The worldwide market for Islamic Finance compounds Gérard Al-Fil, Financial Journalist, Dubai of USD 300 bn and grows at a rate of 15% p.a. An under- standing of the main characteristics of Islamic finance has now become an essential element of the expertise offered by CORPORATE GOVERNANCE AND MARKET modern international private bankers. This session, designed POTENTIAL FOR ISLAMIC FINANCE especially for participants who are interested in becoming more closely acquainted with this attractive and growing financial 8.45 Shariah conformable finance – Rules and sector, introduces and discusses the principles underlying recommendations Islamic finance. - The religious board of a financial service provider – Role, tasks and obligations - Islamic law for western banks - Rules and recommendations Dr. Mohd Daud Bakar, President and CEO, International Institute of Islamic Finance Malaysia, Kuala Lumpur 9.15 Islamic finance – A western perspective (practical example) - Historic parallels – Not unique - Choice of jurisdictions - Islamic funds – Performance and problems - Islamic estate planning Richard C. Ritter, Attorney-at-Law, Zurich, and Founding Partner, ILC International Legal Consultants, Dubai and Singapore Bruce Albrecht, Member of the Board of Directors, P&C Global Wealth Managers S.A., Zurich, in Abu Dhabi 9.45 Questions/Discussion 10.00 Break (coffee and tea) For further information please contact: Claudia Pfenniger, Conference Manager