Monday, April 24
7:30 Registration, Front Lobby, 1818 H Street NW entrance
7:30 – 8:30 Buffet breakfast, Preston Lounge
8:30 – 8:35 Welcome remarks, Arunma Oteh, Vice President and Treasurer, World Bank
8:35 – 8:45 Opening remarks, Jim Yong Kim, President, World Bank Group
8:45 – 9:45 The evolving roles of central banks, Jean-Claude Trichet, Chairman of the Bruegel Institute and former European Central Bank President
9:45 – 10:30 The new normal and the limits of monetary policy, Mohamed El-Erian, Chief Economic Adviser, Allianz
10:30 – 11:00 Coffee break and group picture, World Bank Atrium
11:00 – 12:30 Resilience of monetary policy and implications on emerging market economies: What are the risks around U.S. monetary policy normalization? What are the risks around policy divergence or convergence among the core economies more broadly? What are the impacts on the broader system and emerging market economies? Is it reasonable to expect policy coordination and consideration of spillovers to increase systemic resiliency? Moderator: Krishna Guha, Vice Chairman, Evercore ISI. Panelists: Tobias Adrian, Financial Counsellor, International Monetary Fund, and Timothy Lane, Deputy Governor, Bank of Canada, and Eiji Maeda, Assistant Governor, Bank of Japan
12:30 – 14:00 Luncheon, World Bank Atrium, Dragon’s tale: China’s uncertain prospects for economic reforms and sustainable growth. F. Warren McFarlan, Albert H. Gordon Professor Emeritus, Harvard Business School
14:00 – 15:15 Global economic and political landscape of post-Brexit era. What is the long term economic impact of Brexit on the global economy? What are the implications of Brexit on the integrity of the European Union? What are the implications of increasing nationalist and populist sentiment on the global economy? What are the impacts on emerging markets? Moderator: Jingdong Hua, Vice President and Treasurer, International Finance Corporation; Panelists: Kerstin Jorna, Deputy Director General, European Commission; Anand Menon, Professor, King’s College London; Paul Mortimer-Lee, Global Head of Market Economics, BNP Paribas; Poul M. Thomsen, Director, International Monetary Fund; Jan Walliser, Vice President, World Bank
15:15 – 15:45 Coffee break, Preston Lounge
15:45 – 17:15 Risks in the global economy and financial markets. How does uncertainty about U.S. fiscal and trade policies impact the global economy? What is the impact of Chinese economic reforms on financial stability? What are the key geopolitical risks and their impact on the global capital markets? Will emerging market economies face volatile capital outflows with the Fed’s policy normalization? Moderator: Marcelo Giugale, Director, World Bank. Panelists: Tina Fordham, Chief Global Political Analyst, Citi Research. Avinash Persaud, Chairman, Intelligence Capital. Changyong Rhee, Director, International Monetary Fund. Paul Romer, Chief Economist, World Bank
17:30 Boarding shuttle buses to Reception and Dinner (from 1818 H Street NW side)
18:00 – 21:30 Welcome Reception followed by Dinner (return shuttle bus service is provided). The John F. Kennedy Center for the Performing Arts. Roof Terrace Restaurant. 2700 F Street, NW Washington, DC
Tuesday, April 25
7:30 – 8:30 Buffet breakfast, Front Lobby
8:30 – 8:50 Unlocking opportunities in infrastructure investments, Joaquim Levy, Managing Director and CFO, World Bank Group
8:50 – 9:15 Challenges and new trends in public asset management, Sung-Soo Eun, Chief Executive Officer, Korea Investment Corporation
9:15 – 10:45 Innovative technologies and cyber resilience in financial markets. How do reserve managers cope with cyber threats? What are the new trends and implications of financial technology? How do innovative technologies reshape the future of financial markets? Moderator: Kalin A. Anev, Member of Management Board, European Stability Mechanism. Panelists: Hamed Shahbazi, Chief Executive Officer, TIO Networks. Ray Testa, Senior Vice President, Federal Reserve Bank of New York. Philip Venables, Managing Director, Goldman Sachs
10:45 – 11:15 Coffee break, Front Lobby
11:15 – 12:30 Reserve management in an unprecedented era. How do central banks manage their balance sheets amid negative nominal yields? When does augmenting yield become imprudent asset allocation? How do public sector asset managers respond to new investment trends in relation to their risk appetite? Moderator: Jean-François Rigaudy, Deputy Head, Bank for International Settlements Panelists: Vachira Arromdee, Assistant Governor, Bank of Thailand. Heung Sik Choo, Director, World Bank, Søren Elbech, Treasurer, Asian Infrastructure Investment Bank. Kalin Hristov, Deputy Governor, Bulgarian National Bank
12:30 – 14:00 Luncheon, World Bank Atrium. Backlashes against Globalization: Lessons from History. Niall Ferguson, Senior Fellow, Hoover Institution
