Iraq Finance 2012 to be held in London Sept 18-19
Posted: September 9, 2012 in Iraqi Dinar/Politics
Tags: Al Jaff, Baghdad, Baghdad University, Ibrahim al-Jaafari, Iraq, London South Bank University, middle east, Rafidain Bank
Iraq Finance 2012 will facilitate constructive dialogue and exchanges between all the key players to rebuild a world-class banking and financial services industry in Iraq.Iraq Finance 2012 will facilitate constructive dialogue and exchanges between all the key players to rebuild a world-class banking and financial services industry in Iraq.
To discuss opportunities for regenerating the banking and financial services industry in Iraq.
To introduce the current state of banking and finance in Iraq to international investors.
To develop a comprehensive assessment of the Iraqi banking and financial services industry and address needs for reform and investment.
To examine the issues relating to the mobilisation of investment and project finance for the Iraqi private and public sectors.
To examine the state of corporate financing in Iraq and the sources for equity, short-term and long-term debt financing for the Iraqi private sector.
To promote collaboration between Iraqi Ministers, Deputies, Advisors, CBI officials, heads of government, Director Generals, senior parliamentarians, and financial experts with their international counterparts.
The current state of banking and finance in Iraq.
Immediate and long term strategies of the Ministry of Finance and the Central Bank.
The mobilisation of debt and equity finance for the Iraqi private sector.
The financing of large scale infrastructure projects and Public-Private Partnerships
The use of development aid from international agencies.
The use of export finance and tied loans.
Iraq’s indebtedness and factors behind its credit-worthiness.
Business in Iraq – the ins and outs.
An overview of government reforms and investment needed in:
- Investment banking
- Project and corporate finance
- Capital Markets
- Money Markets
- Consumer Finance
- Payments and Technology
- Development Finance
- Export Finance
- Private Equity
- Hedge Funds
CONFIRMED SPEAKERS AND ATTENDEES INCLUDE:
H.E. Dr Rowsch Nori Shaways
Deputy Prime Minister For Economic And Industrial Affairs
Dr Shaways first served as Prime Minister of the KDP-controlled part of Kurdistan. After 2004 he served as one of Iraq’s two Vice Presidents in the interim government established in 2004. Subsequently, he was a Deputy Prime Minister in the government headed by Ibrahim al-Jaafari.
Previously, Dr Shaways served as speaker of Parliament in the Kurdish autonomous region and is a member of the Kurdistan Democratic Party. Dr Shaways earned a doctorate in engineering in Germany and returned to Iraq in 1975 to join the Kurdish resistance against the regime in Iraq.
H.E. Dr Rafe Al-Essawi
Minister Of Finance
Dr Rafi al-Essawi is the Finance Minister of Iraq and a former Deputy Prime Minister. He is a doctor by profession and trained as an orthopedic surgeon in Baghdad and Basra, before becoming Director of Fallujah hospital.
Following the December 2005 election, Issawi became Minister of State for Foreign Affairs. On 19 July 2008 he was later appointed Deputy Prime Minister. He later became Minister of Finance in the government formed on 22 December 2010.
H.E. Dr Ali Yusuf Al Shukri
Minister Of Planning & Development
Dr Ali Al-Shukri achieved a BSc,MSc, and PhD in Law all from the University of Baghdad, Iraq.
Dr Al-Shukri then went on to work at various universities, during which time he published a number of well-known publications. He held the position of Head of Public & Private Law from 2001-2003 and later Head of Graduate Studies from 2003-2004 at The University of Omar Al-Mukhtar, Lybia. He was given the role of Dean of the Faculty of Law at the University of Sahel and Sahara from 2004-2005, before moving on to becoming Dean of the Faculty of Law at The University of Kufa in 2006. Dr Al-Shukri held that role until 2011, at which point he was appointed Minister of Planning for Iraq.
H.E. Eng. Mohamed Sahib Alderajy
Minister Of Construction & Housing
H.E. Mohamed Sahib Alderajy acquired a BSc in civil engineering from Baghdad University and later an MSc in civil engineering from London South Bank University.
Mr Alderajy has acted as Project Director, Manager and Engineer on numerous engineering and infrastructure projects across the Middle East and has worked in various countries including Libya, Tunisia, Qatar and Iraq. Between 2004 and 2007 he was Senior Project Engineer and Team Leader for Brent Council in the UK.
Mr Alderajy became Member of Parliament and later was appointed Minister of Construction and Housing. He is the founder of the Iraqi Sandook Al- Iskan (Housing Bank), a landmark financial institution that provides loans with zero interest to ordinary people and investors allowing them to build houses and fund various development projects.
During his time as Minister, Mr Alderajy has been a key player and principal promoter of the new Iraqi Investment Law that encourages foreign investors into Iraq through the provision of land and other incentives. His overriding priority has always been the development of a strong Iraqi economy and better services for all of Iraq’s citizens.
Ms Hamdiyah Al-Jaff
President & Chairman, Trade Bank Of Iraq
Hamdiya M. Al – Jaff has been Chairman of the Board, President and Chief Executive Officer of the Trade Bank of Iraq since June 2011. Mrs. Al – Jaff has a 25 year career in banking and management with an extensive experience in Iraq and the Middle East Region. She began her career in 1982 with Rafidain Bank, Baghdad; Republic of Iraq. Her excellent performance in various capacities within different departments of Rafidain Bank was rewarded with overseas postings. From 2004 until 2008, she was assigned greater responsibilities as Manager of Rafidain Bank in Lebanon and Egypt. In 2009 Mrs. Al – Jaff was appointed as an Advisor for the Rafidain Bank.
In her capacity as an advisor she helped the bank to move into new directions with the introduction of international banking services and products. She also contributed significantly during this time towards the development of the banking sector of Iraq.
Ms Al Jaff has a double graduation in Accounting and Political Science from the University of Baghdad and the University of Mosul. She also has a Higher Diploma Degree in Political Science from The Institute for Research and Arabic Studies under the umbrella of the Arab League.
Dr Mudher Kasim
Deputy Governor Of Central Bank Of Iraq
Faruk Mustafa Rasool
Chairman Farouk Group Holding
Faruk Mustafa Rasool is a good example of the new Iraq and the big opportunities available within this new nation. He is the Founder, Owner and Chairman of many companies in Iraq and the Kurdistan Region through his company Faruk Group Holding (FGH).
Rasool’s group includes Asiacell, two cement companies, and many other sectors including: IT, hospitality, hospitals, construction, manufacturing, insurance, trading, housing and automotive dealerships.
Rasool’s view is to create leading Iraqi companies in their fields with an added value to their employees and customers.
Ernst & Young – Office Managing Partner, Jordan And Iraq
Bishr is the Managing Partner at Ernst & Young Jordan, and Iraq , leading the Amman, Baghdad and Erbil Offices.
Drawing upon 25 years of client servicing expertise, he has extensive experience working with the largest regional banks and investment firms in the Middle East as well as government agencies, telecoms, real estate, hospitality and mining.
Since joining Ernst & Young in 1992, he played an important role in major transactions in the Middle East, more specifically in Jordan and Iraq and has considerable experience in advising clients on key transactions, due diligence, valuations and IPOs. Bishr has been in charge of the reconciliation of Iraq’ external debt since 2004, where E&Y is the Reconciliation Agent for the Ministry of Finance.
Baker holds a B.Sc. in Economics and Accounting from the University of Bristol, UK. He is both a member of the Institute of Chartered Accountants in England and Wales and is a member of the Jordan Association of Certified Public Accountants.
President & CEO Habboush Group
Wadie Habboush is the President & CEO of Habboush Group, a trusted strategic alliance partner of some of the world’s leading energy and financial companies operating in emerging markets worldwide.
Habboush is actively engaged in oil, gas, and infrastructure projects in southern and central Iraq. A descendant of Iraq, he has deep ties to the tribes and local communities.
Formerly an attorney in the London and Washington offices of Kirkland & Ellis LLP, he specialised in mergers and acquisitions, private equity, leveraged buyouts, equity offerings, and other cross-border corporate transactions.
Habboush has been consulted on Iraq policy by the highest levels of the U.S. Government, including the President, and engages widely with senior Iraqi officials.
Habboush holds a Juris Doctorate from Georgetown University and a B.Sc. magna cum laude from the American University in Washington DC.
H.E. Dr Qusay Al-Suhail
First Deputy President Of Parliament
Dr Qusay Al-Suhail is a top political leader in the Sadrist movement in Iraq (one of the largest factions among Iraq’s Shi’ite majority) and a senior member of the Iraqi National Assembly.
Dr Al-Suhail is also Assistant Professor at the Department of Geology, University of Basrah. Dr Al-Suhail graduated from Baghdad University with MSc and PhD degrees in Hydrology. He’s a renowned expert in the water resources of Iraq and the wider region.Apart from his brilliant scientific career, Dr, Al-Suhail has always been actively involvedin charitable and civil society organisations in Iraq.
H.E. Dr Sinan Al-Shabibi
Governor, Central Bank Of Iraq
Dr Al-Shabibi holds a B.Sc. in Economics and a Diploma in Advanced Studies in Economic Developmentfrom Baghdad University. He also holds an M.A. in Economics from the University of Manchester, and a Ph.D. in Economics from the University of Bristol.
Dr Al-Shabibi formerly held senior positions in the Iraqi Ministry of Planning and Ministry of Oil. Since taking over as central bank governor, Al-Shabibi has introduced the Bank’s employees to modern finance, made the switch from typewriters and calculators to computers, introduced the Bankto financial instruments like currency auctions, and replaced Iraq’s pre-2003 banknotes with the New Iraqi Dinar. He has also reduced inflation to single digits and increased foreign exchange reserves further supporting further Iraq’s macroeconomic stability.
H.E. Dr Sami Al-Araji
Chairman, National Investment Commission
Dr. Al-Araji was appointed Chairman of the National Investment Commission in 2009. Prior to this, Dr. Al-Araji was the Deputy Minister at the Ministry of Industry and Minerals where he held numerous positions including Director General (DG) of Planning, DG of Engineering Inspection and Quality Control, and Head of the Nuclear Safety Authority at the Atomic Energy Commission.
Dr. Al-Araji is a member of many reputable committees and professional societies worldwide including the American Society of Aeronautics & Astronautics, American Society of Mechanical Engineers, American Nuclear Society, North American Research Society and others.
Dr. Al-Araji has over 80 publications to his credit and holds a BSc, MSc and Ph.D. in Mechanical Engineering from Michigan State University.
H.E. Dr Haider Al-Abadi
Chairman, Parliamentary Finance Committee
Dr Haider al-Abadi graduated with a BSc degree from Baghdad University in Electrical Engineering in 1975 and worked there as an assistant lecturer, before completing a PhD degree in Electronic Engineering at The University of Manchester, England in 1980.
He was appointed Minister of Communications in the Iraqi Governing Council on September 1st 2003 and held that post for a year. In 2005 he served as an advisor to the Iraqi Prime Minister in the first elected Government, before becoming Chairman of the Economy, Investment and Reconstruction Committee in the House of Representatives from 2006-2010. From 2010 onwards, Dr al-Abadi has held the position of Chairman of the Parliamentary Finance Committee.
International Finance Corporation (IFC), Iraq Country Manager
In July 2011 ZiadBadr joined IFC and became their first manager in Iraq responsible for setting up the new IFC office in Baghdad. He is also charged with developing and executing IFC’s strategy in the country, and leading IFC’s dialogue and coordination with the Iraqi government, private sector, donors, and other stake-holders.
Senior Vice President
Sales & Project Finance General Electric
Ahmed has lived most of his life between the US and Egypt where he Graduated from the American University in Cairo with a BA in Economics and speaks fluently English and Arabic.
Ahmed has a 17-year experience at senior positions in the Banking sector specializing in Corporate and Investment Banking as well as Asset Based Finance. He started his banking career at Commercial International Bank, Egypt where he concluded the Chase Manhattan Credit Training Program, he then moved to Citibank, Egypt. Before joining GE, Ahmed was the North Africa & Levant Regional Manager for Cisco Capital. His geographical focus has been MEA over the last 6 years.
Ahmed has been intensively involved in the financing of trade and investment flows between MEA and Europe and has a deep knowledge of trade and export /project finance techniques and practices, together with a large portfolio of banking and institutional relations in the Region. Ahmed joined GE in 2007 and leads the Customer and Project Finance activities supporting all industrial businesses of GE covering the Southern & Eastern Africa Region in addition to the Gulf and Levant.
Regional Director Of Sales The Royal Mint
Matthew Mould is Regional Director of Sales for the Middle East and South Asia, and has worked at the Royal Mint for seven years. Matthew’s previous role at the Royal Mint was as Commemorative Coin Trade Manager for the Asia Pacific region.
The Royal Mint is the world leading manufacturer of coins and medals with an international reputation for the highest quality, beautiful design and maximum security. The Royal Mint is the largest exporting mint in the world supplying 60 countries annually as well as manufacturing all UK coinage.The Royal Mint has a long and proud history and association with the Republic of Iraq having, for almost 100 years, been the manufacturer of the majority of Iraqi circulating coins.
Iraq Finance Manager Shell EP International Limited
Sharon Poulson is currently holding the position of the Iraq Finance Manager in Shell- mainly focusing on building a finance team to deliver an integrated support across Shell’s Upstream Business in Iraq. The Iraq Finance Team covers all finance activities on the Majnoon Field Development (Shell-Operated), West Qurna 1 (Exxon-operated) and South Gas Venture (JV-Operated).
Sharon moved to Dubai in January 2006 to join Upstream Commercial Finance providing commercial finance advice to upstream new business teams in the Middle East. She has held a number of Finance Lead positions, including a large-scale CO2 capture to Enhanced Oil Recovery.
Prior to that, Sharon was the Economics & Treasury Manager for Shell Renewable & Hydrogen – ranging from minority stakes in Hydrogen venture cap funds to large capital intensive offshore wind farms. She joined Shell in January 2002 as a business development manager for Shell Wind Energy.Pre-Shell experience includes energy sector project finance in Russia for IFC (World Bank Group) and peace-keeping activities at the United Nations
M Iqbal Asaria
Mr Asaria is a trained Economist and Accountant and has worked as an Investment Analyst in the City of London for several years. For the last few years he has acted as a consultant on financial product structuring and niche marketing services to faith and ethnic communities in the UK.
Mr Asaria was the Chair of the Business and Economics Committee of the Muslim Council of Britain. He is now a Special Adviser on Business and Economic Affairs to the Secretary General of the Muslim Council of Britain. He was also a member of the Governor of the Bank of England’s working party set up to facilitate the introduction of Shariah compliant financial products in the UK market.
Iqbal teaches various MSc, MBA and MA level courses in Islamic Finance, Banking and Insurance at CASS Business School, Middlesex Business School, Aston Business School and Bangor Business School. He is a contributing tutor to Durham University’s Summer School on Islamic Finance. In 2005 Mr Asaria was awarded the CBE in the Queen’s Honours List for services to international development