Global Meeting Emerging Markets Forum

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Global Meeting Emerging Markets Forum SEPTEMBER 25 –27, 2011 AIRLIE CENTER,VIRGINIA, USA GLOBAL MEETING EMERGING MARKETS FORUM Participants’ The Emerging Markets Forum was created by the Centennial Group as a not-for-prot Proles initiative to bring together high-level government and corporate leaders from around the world to engage in dialogue on the key economic, nancial and social issues facing emerging market countries (EMCs). The Forum is focused on some 70 emerging market economies in East and South Asia, Eurasia, Latin America and Africa that share prospects of superior economic performance, already have or seek to create a conducive business environment and are of near-term interest to private investors, both domestic and international. We expect our current list of EMCs to evolve over time, as countries’ policies and prospects change. Further details on the Forum and its meetings may be seen on our website at http://www.emergingmarketsforum.org Emerging The Watergate Oce Building, 2600 Virginia Avenue, NW, Suite 201 Markets Forum Washington, DC 20037, USA. Tel:(1) 202 393 6663 Fax: (1) 202 393 6556 A nonprofit initiative of the Centennial Group Email: [email protected] Bringing people together to accelerate growth and well-being in emerging markets Sixth Global Meeting of the Emerging Markets Forum September 25–27, 2011 Airlie Center, Virginia, USA Participants’ Profiles Paul Acquah Former Governor, Bank of Ghana Ghana Dr. Paul A. Acquah was appointed Governor of the Bank of Ghana in October 2001. He is Chairman of the Bank‘s Monetary Policy Committee. Before joining the Bank of Ghana, Dr. Acquah was Deputy Director in the African Department of the PARTICIPANTS International Monetary Fund (IMF) where he had a long and distinguished career after joining as an Economist. As Deputy Director of the African Department in the IMF, he exercised responsibility for, and general oversight of operational work on African countries, including policy advice and program design, and relations with international institutions, donors and creditors. As Leader of Fund negotiating missions to several African countries he handled several complex cases such as Cameroon, Congo (formerly Zaire), the Republic of the Congo, Gabon, Nigeria, Zambia and regional consultations with the BEAC (the Central Bank of the Central African States). Dr. Paul Acquah is the current Chairman of the Committee of Governors of Central Banks of ECOWAS Member States, and was awarded the Emerging Markets African Central Bank Governor of the year for 2005. He is also a Member of the Order of the Star of Ghana; an honour conferred on him in July 2007.Dr. Paul A. Acquah holds a B.Sc (Hon) in Economics at the University of Ghana, Legon, a Masters‘ Degree in Economics from Yale University, and a Ph.D in Economics from University of Pennsylvania‘s Graduate School of Economics. 3 James Adams Vice President, East Asia and Pacific, World Bank United States Jim Adams is Vice President of the East Asia and Pacific Region, at the World Bank. In this capacity, he has overall responsi- bility for World Bank operations in one of the world’s most dynamic regions, covering more than a dozen states ranging from the world’s most populous country—China—to the smallest and most remote Pacific Islands states. Previously, Jim was Vice President and Head of Network, Operations Policy and Country Services, at the World Bank. In this capacity, he was responsible for operational policy development, procurement and financial management activities, relations PARTICIPANTS with United Nations and nongovernmental organizations, and support to Regional staff working in all these areas. Since joining the Bank in 1974, he has held a variety of operational positions in East Asia, Latin America, and Sub-Saharan Africa, including as Country Director for Tanzania and Uganda, as Director for Operations Policy, and as a Division Chief of several departments. Before joining the Bank, Jim worked as a loan officer for Merchants Bank, in Syracuse, NY, and with the General Agreement on Tariffs and Trade, in Geneva, Switzerland. Jim studied at Colgate University, and holds an MPA from Princeton University. 4 Masood Ahmed Director, Middle East and Central Asia Department, International Monetary Fund (IMF) United States Masood Ahmed has been Director of the Middle East and Central Asia Department since November 1, 2008. He obtained his graduate and post-graduate degrees in Economics from the London School of Economics, where he also served on the PARTICIPANTS economics faculty. He is a national of Pakistan. Before taking up this position, Mr. Ahmed was the Director of the External Relations Department in the IMF since May 1, 2006. Between 2003–06, Mr. Ahmed served as Director General for Policy and International Development at the UK Government’s Department for International Development (DFID). Between 2000–03, Mr. Ahmed was Deputy Director in the IMF’s Policy Development and Review Department. In this role, he served as the senior staff focal point for taking forward the IMF’s policy work in support of low income member countries and its relationship with the World Bank and other development agencies. Between 1979 and 2000, Mr. Ahmed held a number of positions in the World Bank. He worked for about 10 years on programs and projects in a variety of countries and, for a further 10 years, on international economic policy relating to debt, aid effectiveness, trade and commodities, and global economic prospects. As Vice President for Poverty Reduction and Economic Management, Mr. Ahmed was the senior World Bank manager re- sponsible for the development and operationalisation of the Poverty Reduction Strategy Paper approach as well as the HIPC Debt Initiative. He also served concurrently for a year as Acting Vice President for Private Sector Development and Infrastructure. 5 Aleksi Aleksishvili Chairman of the Board, Policy and Management Consulting Group (PMCG); Former Minister of Finance Georgia Mr. Aleksi Aleksishvili is a chairman of Policy and Management Consulting Group, one of the leading consulting companies in Georgia. During his activity in private sector he took part in various projects and programs implemented in Central Asia and Caucasus Region. Before moving to private sector Mr. Aleksishvili was a Minister of Finance of Georgia (2005–2007) and Minister of Economic Development of Georgia (2004–2005). The country’s economic and fiscal policy management has been improved significantly PARTICIPANTS under his strong leadership. During his service as a minister country’s FDI has increased 4 times and grown from USD 0.5 billion to USD 2.1 billion. Also important institutional and fiscal reforms took place under his governance. Due to economic and structural reforms that were carried out by his ministry, Georgia was placed at 18 (2007) from 132 (2004) in the World Bank’s rankings and has been nominated as the world’s number one reformer in 2006 and 2007. Moreover, in 2007, standard and poor’s assigned the country B+ with Positive outlook, and Fitch Ratings—BB—with Stable outlook confirming resilience of the economy and thus its attractiveness for investors. In 2005–2006 Mr. Aleksishvili was a chairman of UN Commission for Sustainable Development (UNCSD). Mr. Aleksishvili holds MA in Public Finance and Management from Duke University (Durham, NC, USA) and a Masters degree in International Eco-nomic Relations from Tbilisi State University (Georgia). 6 Hiroto Arakawa Senior Special Advisor, Japan International Cooperation Agency (JICA) Japan Mr. Hiroto Arakawa was appointed as Senior Special Advisor of JICA (Japan International Cooperation Agency) in October 2008 following distinguished careers at the Japan Bank for International Cooperation (JBIC) and the Overseas Economic PARTICIPANTS Cooperation Fund (OECF). During Mr. Arakawa’s time at these organizations, he worked in a variety of departments charged with handling ODA loan operations, planning and strategy, and research activities. As Director General of JBIC’s Development Assistance Strategy Department from 2003 to 2005, he supervised overall opera- tional strategy for the organization’s ODA portfolio. Later, he initiated various joint research projects with the World Bank and Asian Development Bank, first as Executive Director responsible for development partner collaboration at JBIC from 2005 to 2007, then as Executive Director of the JBIC Institute (JBICI) from 2007 to 2008. He has been a member of Global Agenda Council (Poverty and Economic Development), the World Economic Forum. 7 Jennifer Arencibia Executive, Vice Presidency of Development Strategies and Public Policies, CAF Venezuela Jennifer Arencibia is an economist of the Vice-presidency for Development Strategies and Public Policy at the Corporación Andina de Fomento (CAF). Her currently role is to analyze the international economy. Previously, she served as a research assistant at CAF. She holds a Master of Public Policy degree (2008) from the Institute for Administrative Studies (IESA) and graduated from Universidad Católica Andrés Bello (Venezuela) with an undergraduate degree in Economics. PARTICIPANTS 8 Mahmood Ayub Former Director, Central Asia Region, United Nations Development Programme (UNDP) Pakistan Prior to joining the UNDP, Dr. Ayub served for almost 30 years in various capacities at the World Bank. His last assignment was as the Director of Strategy and Operations for Africa. At the World Bank, he worked in the research and strategy depart- PARTICIPANTS ments of the World Bank, but has also worked many years in operations, including serving as the World Bank’s representa- tive in Egypt and Bolivia. Dr. Ayub is serving as the UN Resident Coordinator and UNDP Resident Representative for Turkey since September 2006. Dr. Ayub received his Ph.D in Economics from Yale University, United States 1977 and a B.A. (Hons) in Economics from Manchester University, England 1972.His research interest is in macroeconomic policy, private sector de- velopment, trade and capacity development issues. He has published widely on economic development issues. He speaks English, French, Spanish, Farsi, Arabic (not fluent), Urdu and Pashto (mother tongue).
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