1999 Annual
Meetings Logo Annual Meetings    Boards of Governors

World Bank Group
International Monetary Fund

1999 Annual
Meetings Home

Bank Home
Fund Home
Program of Seminars

Sunday, September 26, 1999

8:30-10:00 Nigeria: Dawn of a New Day

Atiku Abubakar is Vice President of the Federal Republic of Nigeria and Chairman of the National Council on Privatization. Mr. Abubakar read law at Ahmadu Bello University, Zaria (1967). He then joined the public service in 1969 and was posted to the Department of Customs and Excise where he retired in 1989 as Deputy Director and immediately went into private business and later politics. He was one of the founders of the peoples' democratic movement which joined forces with other leaders across the political spectrum to found the ruling Peoples Democratic Movement, PDM.

Mallam Adamu Ciroma is Minister of Finance of the Federal Republic of Nigeria, a position he previously held in 1983 under the government of President Shehu Shagari. Mr. Ciroma first rose to national prominence as Editor and later Managing Director of the New Nigerian Newspapers. He went on to serve as Governor of the Central Bank of Nigeria and later chairman and director of several private sector concerns.

Phillip Asiodu, Izoma of Asaba, is the Chief Economic Adviser to President Olusegun Obasanjo. Mr. Asiodu was one of the candidates in the People's Democratic Party (PDP) presidential primaries last February. Mr. Asidou joined the Nigerian civil service in 1957, and by the time he retired in 1975, he had served as the Permanent Secretary in the Ministries of Health, Industries, Petroleum and Energy, and Housing and Environment. He was later to become Secretary (Minister) of Petroleum Reserves in the transition government of President Ibraham Babangida. Mr. Asiodu is a member of the Vision 2010 Committee and the National Council of Nigeria Vision.

Ghali Umar Na'Abba is Speaker of the Federal House of Representatives, Nigeria. Mr. Na'Abba studied Political Science at Ahmadu Bello University Zaria. Mr. Na'Abba was in private business before his election to represent the city of Kano in the Federal house of Representatives where he became Chairman of the House Appropriations Committee before he was elected speaker.

Joseph Oladele Sanusi is Governor of the Central Bank of Nigeria (CBN). A former President of the Nigeria Bankers (Employers) Group, Mr. Sanusi has served as Chief Executive of United Bank for Africa plc and First Bank. He has also been Vice Chairman of Nigeria Merchant Bank Limited, and Chairman of Banque Internationale du Benin.

9:00-10:00 Korea: Reform and Recovery

Donald Gregg is former Ambassador to the Republic of Korea and current Chairman of The Korea Society. While Ambassador, his efforts were directed toward helping the Korean-American relationship mature into an economic and political partnership. A career CIA officer for more than 30 years, he served in Japan, Burma, Vietnam, and Korea. He was Director of Asian Affairs on the National Security Council staff.

Kang Bong-Kyun is the Minister of Finance and Economy to the Republic of Korea. He was previously the Senior Secretary to the President Kim Dae-Jung for Economic Affairs, Policy, and Planning, thus closely involved in the economic reforms instituted since the 1997 crisis. He has also held the post of Minister of Information and Communication, the Prime Minister's Chief Assistant for Government Policy Coordination, Vice Minister of Economic Planning Board, and Vice Minister of Labor. The Minister holds a Ph.D. in Economics from Hanyang University.

9:00-10:00 Turkey: Prospects for Economic Reform

Mahfi Eğilmez serves as an Executive Board Member of Guaranti Bankasi, Osmanli Bankasi, and Korfezbank. From 1972, he held senior positions in the Turkish Ministry of Finance and Treasury, including serving as the Undersecretary of Treasury between July and December 1997. During his public career, he also served as the Alternate Governor, then Governor to the World Bank Group, IDB, EBRD, and ADB on behalf of the Republic of Turkey. He resigned from the government in December 1997 and moved to the private sector.

Gazi Ercel is the Governor of the Central Bank of Turkey. He began his career as Bank Examiner at the Turkish Ministry of Finance and later at the Turkish Under Secretariat of Treasury where he served as the Director General between 1987 and 1989. Among his other positions, he has served as the Chief Executive Officer and Managing Director of Tutunbank A.S., as Vice Chairman of Yasar Holding A.S., and a board member at Emlakbank.

Recep Onal is Minister of State for the Republic of Turkey. Before his ministerial appointment, he was Member of the Grand National Assembly of Turkey. He has held the positions of Deputy Chairman of the Turkish Board of Capital Markets, Banks Sworn Auditor at the Turkish Ministry of Finance and Chairman of the Board of Directors of Banking Section at Sumerbank A.S.

Dani Rodrik, is Rafiq Hariri Professor of International Political Economy at Harvard University's John F. Kennedy School of Government. He was previously on the faculty of Columbia University. He is affiliated with the National Bureau of Economic Research, Centre for Economic Policy Research (London), and Overseas Development Council. He also serves on advisory committees for the Institute for International Economics and the Economic Research Forum for the Arab Countries, Iran and Turkey.

Erkut Yucaoğlu is the Chairman of the Board at TUSIAD (Turkish Industrialists' and Businessmen's Association). He is the Chief Executive Officer and principal owner of the MAP/TURKUAZ group of companies with interests in project development and investment in the areas of electric power, tourism, aviation, and electronic commerce. Prior to establishing his own business, he served as an executive with General Electric and with the Koc Group of Turkey.

10:30-11:30 Thailand: Challenges and Prospects

William H. Itoh, is Executive Secretary of the Overseas Presence Advisory Panel, and served as Ambassador to the Kingdom of Thailand from 1996 to 1999. A career member of the Senior Foreign Service, Ambassador Itoh has held a number of positions in the Department of State and abroad. As Ambassador to Thailand, he was the 1998 recipient of the Department of State's Charles S. Cobb Award for his support of the American business community. He was also awarded an honorary Ph.D. in Economics by Khon Kaen University, presented by the King in December 1998, in recognition of his efforts in support of Thailand's recovery during the Asian financial crisis.

Tarrin Nimmanahaeminda is Minister of Finance of Thailand. He started his career in 1974 as a manager at Siam Commercial Bank, where he later became President and Chief Executive Officer. He has served on the board of several organization, and was a committee member of the Banking and Financial Institution of the Thai Parliament. He has also been Senator, Member of the Legislative Council, Chairman of the Thai Bankers Association, and the first Thai Director on the Business Advisory Council of the International Finance Corporation.

Abhisit Vejjajiva is the Minister to the Prime Minister's Office of Thailand, and is a Bangkok Member of Parliament. He is responsible for the Office of the Board of Investment, Office of the Commission of Counter Corruption, and Office of the National Education Commission. Mr. Vejjajiva chairs the Government Services Committee and vice-chairs National Education Commission and Public Service Reform Committee. Mr. Vejjajiva served the Democrat Party as their Spokesman and chaired the House Education Affairs Committee. The World Economic Forum announced Mr. Abhisit Vejjajiva as one of the 1999 Global Leaders for Tomorrow.

Sansern Wongcha-um is Secretary General to the National Economic and Social Development Board of Thailand that is responsible for the formulation of National Economic and Social Development Plans. Mr. Wongcha-um is a distinguished member of various national committees and boards such as the Economic Ministers Committee, the Economic Restructuring and Competitiveness Committee, the National Committee for Coordination and Promotion and the Thailand Environmental Institute Board and the Telephone Organization of Thailand Board. He holds a M.B.A. Degree from the University of Bridgeport, Connecticut.

10:30-11:30 A Decade of Transformation: Decentralization & Subnational Public Sector Reform in Argentina

Carlos Vladimiro Corach is Minister of the Interior of Argentina. Mr. Corach taught constitutional law with a specialization in labor law before being elected to the City Council of Buenos Aires. A member of the Justicialista Party, he held a number of positions under the first term of President Carlos Menem, including President of the 1994 Constitutional Reform Committee.

Humberto Petrei is the Executive Director of the Inter-American Development Bank and Inter-American Investment Corporation. He served as Cabinet Advisor to the Minister of Economy of Argentina from 1989 to 1990 and as Chief Executive Officer of the Central Bank in 1990.

Pablo Verani is serving his second term as Governor of Rio Negro Province, Argentina. Mr. Verani began his political career in General Roca City in Rio Negro, where he served as Mayor for the Unión Cívica Radical party. Mr. Verani went on to serve as Vice Governor for the Province of Rio Negro and was President of the legislature during that period.

12:00-1:00 Keynote: The Unites States as Economic Role Model

Afsaneh Mashayekhi Beschloss is Vice President and Treasurer of the World Bank. She has held varied previous positions with the Bank and, before that, worked with Shell International Group Planning, as well as with J.P. Morgan in the asset management and corporate finance areas. She serves on advisory boards for investment funds and financial journals and has authored a number of journal articles and books.

Abby Joseph Cohen is Managing Director and Chair of the Investment Policy Committee of Goldman, Sachs & Co. She joined the firm in 1990, after serving as Chief Strategist for Drexel Burnham Lambert. Ms. Cohen was Economist and Quantitative Research Director for T. Rowe Price Associates and a Trustee Fellow of Cornell University. She recently served as Chair of the Board of Governors of the Association for Investment Management and Research (AIMR) and as Chair of the Board of Trustees of the Institute of Chartered Financial Analysts (ICFA).

2:30-4:00 Survival of the Most Connected: The Impact of E-Commerce

Richard Bell is the Founder and Managing Director of Swift Global Africa Limited, an Internet and value added telecommunications service provider with offices throughout Kenya and Uganda. Swift Global was one of the first privately owned telecommunications companies in East Africa and has been at the forefront of liberalization efforts in the region.

Maria Livanos Cattaui is Secretary General of the International Chamber of Commerce (ICC). As chief executive of the world business organization, she has raised ICC's public profile, making it a more vigorous advocate of world business to international organizations and governments. By bringing heads of leading multinational and top UN officials together to take up a call from the UN Secretary General for a "global compact" of shared values in the areas of human rights, labor standards and the environment, Ms. Cattaui has strengthened ties between ICC and the United Nations. Before joining ICC, she was Managing Director of the World Economic Forum in Geneva and she developed the Annual Meeting in Davos into a "global summit".

Esther Dyson is Chair of EDventure Holdings, an information company focused on emerging information technologies and emerging markets in Central and Eastern Europe. EDventure publishes Release 1.0, a monthly newsletter on innovative IT developments. Ms. Dyson manages a portfolio of active investments in IT startups, and she serves as Interim Chair of the Internet Corporation for Assigned Names and Numbers, the not-for-profit organization that manages policy for the Internet's technical infrastructure.

Michael R. Nelson is Program Director for Internet Technology in IBM's Internet Division. He is responsible for organizing IBM's involvement in the Global Internet Project, a coalition of 14 telecom and computer companies working to address key Internet issues. In addition, he is assisting with IBM's participation in the Internet2 university research project. Prior to joining IBM in July 1998, he was Director for Technology Policy in the Office of Plans and Policy at the Federal Communications Commission.

William Tiga Tita is the principal G77 Chambers of Commerce's expert on Trade Information Network for the 133 Member States. He is Chief Executive Officer of GMC-TINCCIsG77 Ltd. and Executive Director of the World Chambers Consortium that manages the World Chambers Network (WCN). He has been Chief Technical Advisor in the Private Sector Development Program of the UNDP, and is the founder of several computer services companies.

2:30-4:00 New-Style Investment in Africa: Strategies in a High-Risk, High-Return Environment

Maurice Vigier de La Tour is Director for Marketing and International Operations for the Floreal Group, which has offices in Mauritius, Madagascar, London, Paris, and Hong Kong. Mr. de La Tour is a member of the board of numerous private sector and governmental organizations.

Arnold Ekpe is the Group Chief Executive Officer of Ecobank, a regional banking group with branches in 11 West African countries. Prior to joining Ecobank, he was Vice President with Citibank, London, and responsible for Corporate and Trade Finance in Sub-Saharan Africa. Mr. Ekpe has degrees in engineering and business administration from Manchester University, United Kingdom.

Rolf A. Furter is Chief Executive Officer for Novartis Agro, a Swiss based Life Science company, which was formed when Ciba-Geigy and Sandoz merged in 1996. He also serves on Novartis' Executive Committee for the Crop Protection Sector. In 1998, Mr. Furter was part of the successful political campaign for a liberal Amendment on gene technology in the Swiss Constitution.

Franklin H. Kennedy is President & Chief Executive Officer of Equator Holdings Limited and its principal operating subsidiaries, HSBC Equator Bank plc and Equator Bank Limited. Mr. Kennedy is also Vice Chairman of the Corporate Council on Africa, a board member of the African Business Round Table, Chairman of HSBC Simpson McKie (Pty) Limited, and a member of the Johannesburg Stock Exchange. He also serves on the Institute of International Finance (IIF)/African Development Bank (AfDB) joint committee to advise on future strategies for the AfDB's Private Sector Division.

Shiraz F. Janmohamed is Managing Director General of the Jubilee Insurance Company based in Nairobi, Kenya that operates in Kenya, Tanzania, Uganda, and Mauritius with plans for further expansion in other regions of Africa. Prior to joining Jubilee Insurance, Mr. Janmohamed held various Senior Management positions including Regional Vice President, Vice President Broker Services, and Vice President Marketing with Halifax Insurance Company. Mr. Janmohamed is an Associate of the Chartered Insurance Institute of Canada.

2:30-4:00 Beyond the Balkans: Creating a Shared Vision for South East Europe

Claudio Conti is Manufacturing Director of Manifattura Giorgi, a textile manufacturing company in the province of Varese, Italy. He is an active member of the local industrial association, UNIVA and currently serves as President of the Young Entrepreneurs' Group of the UNIVA. Mr. Conti is also a board member of "Moda Industria," an association for the fashion industry.

Cristina Grigorescu is the Chief Executive Officer of Kasta Metal, a private Romanian company of which she is co-owner. Recently the company became a joint venture with American partners. Ms. Grigorescu previously worked in the Engineering and Investment Program within the Municipality of Bucharest. She is currently the President of the Romanian Association of Entrepreneurial Women.

Franz R. Krejs is Managing Director of Horizonte Venture Management, a Vienna-based venture management group with offices in Vienna, Ljubljana, and Sarajevo. Mr. Krejs worked with several consulting firms and financing institutions in the US, Germany, and Austria before joining Horizonte in 1985.

Petko Shishkov is Chief Executive Office and Chairman of the Board of Ropotamo Ltd., a clothing company. His previous experience includes managing Capital Consult Ltd., a data and consulting company, and Bulbrokers Ltd., a securities dealer-brokerage on the Bulgarian capital market.

4:30-6:00 Latin America's Recovery: How Soon? How Strong?

José Angel Gurría is Secretary of Finance and Public Credit for Mexico. Prior to this appointment, Mr. Gurría served as Secretary of Foreign Affairs. In 1989, as Under Secretary for International Affairs in the Ministry of Finance and Public Credit, he headed the technical team in charge of restructuring Mexico's external public debt, and co-chaired the negotiating team of the financial chapter for the North American Free Trade Agreement. He has been President and Chief Executive Officer of the National Bank for Foreign Trade (BANCOMEXT), and of Nacional Financiera (NAFIN).

John Lipsky is Chief Economist and Director of Research, The Chase Manhattan Bank. He is a member of the Chase Manhattan Corporation's Policy Council, and is responsible for the corporation's economic and financial market research. Previously he was Chief Economist at Solomon Brothers, and he also served for a decade at the IMF dealing with exchange rate surveillance issues and capital market developments.

Guillermo Perry is Chief Economist of the Latin America and Caribbean region of the World Bank. Mr. Perry is also Director of Poverty Reduction and Economic Management. Mr. Perry was Minister of Finance and Public Credit, Minister of Mining and Energy and Director of the General Directorate of National Taxes in Columbia. He was a partner and served as General Director of Mejía, Millán & Perry Ltda., a consulting firm specialized in economic and energy issues. Mr. Perry has a Ph.D. in Economics and Operational Research from the Massachusetts Institute of Technology. He has been a Member of the Board of private financial institutions in Colombia, as well as three public sector enterprises.

4:30-6:00 Creating Jobs for the 21St Century in the Middle East and North Africa

Victor Billeh is Director of UNESCO Regional Office in Beirut. Prior to joining UNESCO, Mr. Billeh was President of the National Center for Educational Research and Development in Jordan. He was also Dean of Research and Graduate Studies, and Professor of Education in Yarmouk University. He previously worked at the World Bank as General Educator for the East Asia Education Division.

Kemal Dervis is Vice President of the Middle East and North Africa Region for the World Bank. Amongst his previous positions at the Bank, Mr. Derviş served as Director for the Central Europe Department and Chief Economist for the Europe, Middle East, and North Africa region. Before joining the Bank, Mr. Derviş was on the faculty at the Middle East Technical University (METU) and at Princeton University.

M. Shafik Gabr is presently Chairman and Managing Director of ARTOC Group for Investment and Development. He is also Chairman of Egypt's International Economic Forum and a board member of the Egyptian Center for Economic Studies. Mr. Gabr serves on the Council of the World Economic Forum (Davos).

Ariane Obolensky is a Vice President and member of the management committee at the European Investment Bank (EIB), in charge of finance and operations in France and the South Mediterranean region. Formerly, Ms. Obolensky held positions in the French Treasury as head of the International Affairs Department, and the Monetary and Financial Affairs Department. She also served as financial attaché to the French Permanent Representation to the European Communities, and co-chair of Paris Club, 1992-1994.

Ghassan Salamé is Director of Studies at the Centre National de la Recherche Scientifique (CNRS) and Professor of International Relations at the Institut d'Εtudes Politiques in Paris. He has taught political science at Saint Joseph and the American University in Beirut. Mr. Salamι has also been a Rockefeller Fellow in International Relations and Visiting Scholar at the Brookings Institution in Washington, DC.

Tarik Yousef is Economist for the African and Middle Eastern Department at the International Monetary Fund. Prior to joining the IMF, he was a consultant to the World Bank and the Economist Intelligence Unit.

4:30-6:00 Commodity Risk Management in Developing Countries: Bridging the Gap with Market-Based Approaches *

Marcus Fedder is Treasurer of the EBRD. He joined the Bank at its inception in the summer of 1991 with responsibility for the Bank's financial risk management, and was Deputy Treasurer from 1995-1997. He previously worked for the World Bank, advising governments and central banks on debt management and before that in derivatives as an Executive Director for CIBC and for Deutsche Bank.

Clifford M. Lewis is Senior Vice President of Strategic Planning & International Relations at the Chicago Board of Trade. Before joining CBOT, Mr. Lewis worked for a number of years at the World Bank, his last assignment as Senior Financial Policy Advisor, Latin America. Mr. Lewis has also served as a senior State Department official in the Reagan and Bush administrations. He was in charge of starting the US aid program to the former Soviet Union and Eastern Europe.

Richard Kwame Peprah is the Minister of Finance of Ghana, a post he has occupied since 1995. He was Minister of Mines and Energy from 1993 to 1997 and is currently Chairman of the Ashanti Goldfields Corporation.

Roberto Rodrigues is President of the International Cooperative Alliance (ICA). He is also Professor of Rural Economics at the State University of São Paulo. His previous posts include President of the Brazilian Rural Society as well as Secretary of Agriculture and Supply of São Paulo State.

Bank Home         Annual Meetings 1999         Fund Home