Emerging Markets Summit

Thursday, May 16, 2019

May 2019

Summit

Emerging Markets Summit

Tensions Mount as the Cycle Turns

thursday, November 08, 2018
merchant taylors' hall, london

Emerging Markets Summit

Tensions Mount as the Cycle Turns
Thursday, May 16, 2019
May 2019
London

Emerging Markets Summit

Tensions Mount as the Cycle Turns

Thursday, May 16, 2019
May 2019
London

Emerging Markets Summit

Tensions Mount as the Cycle Turns

Thursday, May 16, 2019
May 2019
London

Emerging Markets Summit

Tensions Mount as the Cycle Turns

Thursday, May 16, 2019
May 2019
London

Emerging Markets Summit

Tensions Mount as the Cycle Turns

Thursday, May 16, 2019
May 2019
London

Get the pulse of emerging markets

The Summit launched just 3 years ago is now one of Moody’s flagship events globally
  • For one day we bring together over 400 senior investors and issuers from 6 continents
  • It's the only place where you get instant access to over 30 top credit analysts
  • A variety of views are shared by influential market figures during lively debates
This year we will focus on mounting tensions as the cycle turns and how it will affect emerging markets growth. Join the conversation to gain a clear insight on global and regional credit vulnerabilities in the year ahead.

Highlights From 2018 Summit

Unique opportunity to get the EM big picture and have access to Moody's analysts – EM Portfolio Manager
Clear and concise structure. Good range of opinions – Credit Portfolio Analyst
Good content and availability of Moody's analysts. Good turnout, networking opportunity – Economist on Africa
Brilliant presentations and panels on topical issues and countries – Country Risk Analyst
Good timing - EM under spotlight and topical; good spread of speakers; very well organised; convenient location – Managing Director
First rate presentations - clear and consistent – Senior Trade Adviser 

Agenda 2019

8.00   Pre-Conference ESG Workshop (55 min)

Factoring ESG considerations into Emerging Market credit assessments

Marie Diron, Head of Asia Pacific, Middle East, & Africa Sovereigns

David Staples, Head of Emerging EMEA Corporates

Alberto Postigo, Spanish Banks

08.30 Registration & Coffee

09.00   Opening Remarks

Welcome Address: Michael West, Managing Director, Global Ratings & Research

Chairman: Philipp Lotter, Head of Global Corporates

09.10   Big Picture Presentation

Emerging markets growth prospects as the global credit cycle turns 

  • ‍Global liquidity tightening effect on emerging markets 
  • Rising trade protectionism: Which emerging markets are most at risk
  • Global growth slowdown – short term risks and long terms vulnerabilities

Atsi Sheth, Managing Director, Credit Strategy

09.25   Keynote Spotlight Conversation    

Emerging Markets: A Tale of Two Economies

  • Tightening monetary policy in the US, waning growth in China
  • Deficits, technology and national security
  • New rules for the global economy

Lord O’Neill, Chair of  Chatham House

Alastair Wilson, Head of Global Sovereign Ratings

10.10   Sovereign Panel

Sovereign stress and resilience as the global credit cycle turns

  • Growth has peaked. Why does it matter for sovereigns?
  • What idiosyncratic exposure to tightening financing conditions?
  • Political risk matters, political noise does not. What will affect sovereign credit?

Led by Marie Diron, Head of Asia Pacific, Middle East, & Africa Sovereigns

Dietmar Hornung, Head of European Sovereigns

Matt Robinson, Head of Middle East and Africa Sovereigns

Mauro Leos, Head of LATAM & Caribbean Sovereigns

10.50 Networking & Coffee Break

11.20   Market Views   

How geopolitical risks and growth prospects shape investment priorities  

Led by Sean Marion, Head of Emerging EMEA Banks

Tim Jagger, Head of Emerging Market Debt, Columbia Threadneedle Investments

Brigitte Posch, Managing Director Global Head of EMD, Apollo Global Management

Samuel Finkelstein, Co-Chief Investment Officer, Goldman Sachs Asset Management

Mariya Gancheva, Head of Emerging Market Credit Trading Strategy, HSBC

12.05   Presentation on Default and Ratings Trends

Default and rating performance and potential risks across emerging markets

  • How the rating distribution has evolved
  • Default performance and sovereign linkages

Colin Ellis, Managing Director, Credit Strategy

12.25   Banking Panel

Led by Stephen Long, Managing Director – Global Banks (for APAC)

Sean Marion, Head  of Emerging EMEA Banks

Celina Vansetti, Head of LATAM Banks

Srikanth Vadlamani, APAC Banks

12.50   Corporate Panel

Led by Atsi Sheth, Managing Director, Credit Strategy

Laura Acres, Head of Southeast Asia & India Corporates

Gary Lau, Head of North Asia (ex-Japan) Corporates

David Staples, Head of Emerging EMEA Corporates

Marianna Waltz, Head of LATAM Corporates

13.15     Lunch  

CreditView workshop 13.30 to 14:15 

Lunch and learn how Moody’s CreditView includes deep insight on sector dynamics and themesthat can inform your credit analysis. Led by Moody’s Analytics

14.15   Regional Breakout Sessions

We will be running 6 regional breakout sessions simultaneously, each repeated 3 times. Sessions will focus on some individual countries, but attendees are welcome to ask questions on other countries as well.

Round I: 14.15 – 15.10 | Round II: 15.15 – 16.00 | Round III: 16.05 – 16.45

Africa: focus on South Africa and Nigeria

Easing pressures, but fiscal and external vulnerabilities persist

*

South Africa: Prospects for fiscal reforms amid political challenges; how resilient are banks and corporates?

·         Will Nigeria’s modest recovery persist amid structural challenges?

Led by Matt Robinson, Head of Middle East and Africa Sovereigns

Lucie Villa, Africa Sovereigns

Constantinos Kypreos, Africa and Middle East Banks 

Akintunde Majekodunmi, Sub-Saharan Africa Banks

Rehan Akbar, South Africa Corporates

APAC: focus on  China

Led by Stephen Long, Managing Director – Global Banks (for APAC)

Marie Diron, Head of Asia Pacific, Middle East, & Africa Sovereigns

Gary Lau, Head of North Asia (ex-Japan) Corporates

APAC: focus on Indonesia, India and Philippines

Led by Laura Acres, Head of Southeast Asia & India Corporates

Alastair Wilson, Head of Global Sovereign Ratings

Srikanth Vadlamani, APAC Banks

Emerging Europe: focus on Russia 

Led by Victoria Maisuradze, Head of Russia and CIS Corporates 

Dietmar Hornung, Head of European Sovereigns

Yaroslav Sovgyra, Head of Russia and CIS Banks

GCC & Turkey: focus on Saudi Arabia and Turkey

Led by David Staples, Head of Emerging EMEA Corporates

Henry MacNevin, Head of GCC Banks

Alexander Perjessy, Africa and Middle East Sovereigns

Dion Bate, GCC and Turkey Corporates

LATAM: focus on Brazil, Mexico and Argentina

Led by Marianna Waltz, Head of LATAM Corporates

Mauro Leos, Head of LATAM & Caribbean Sovereigns

Celina Vansetti, Head of LATAM Banks 

16.45   Close of the conference

Moody's Speakers

Michael West

Managing Director

Global Ratings and Research

Moody's Investors Service

Moody's Investors Service

Global Ratings and Research

Managing Director

Michael West

Michael West is Managing Director – Global Ratings and Research. He is responsible for the development of MIS ratings and research opinions for global fundamental and structured finance ratings groups, and the delivery of services to issuers and market participants. Prior to this role, Michael was Managing Director – Head of Global Corporate Finance and Managing Director – Head of Global Structured Finance. He was also responsible for the research strategy for the ratings businesses.

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Philipp Lotter

Global Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Global Managing Director

Philipp Lotter

Philipp Lotter is Global Managing Director for the Corporate Finance Group based in London. Previously he held the role of Co-Head of the EMEA Corporate Finance Group overseeing Investment Grade and Leveraged Finance across Europe, Middle East and Africa with focus on markets in the UK, Germany and the Nordics, as well as the broader Emerging Market franchise. Philipp has spent many years of his career abroad with strong Emerging and Developing Markets coverage experience. He spent more than 5 years in Asia, where he held the dual role of Country Manager for Moody’s office in Singapore, as well as Managing Director of the Corporate Finance Group responsible for companies across Southeast Asia and India. Philipp holds a Diploma from the Frankfurt School of Finance & Management. He has also attended international semesters at the European Business School in London and University College Dublin.

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Atsi Sheth

Managing Director - Credit Strategy, Credit Strategy & Standards

Moody's Investors Service

Moody's Investors Service

Managing Director - Credit Strategy, Credit Strategy & Standards

Atsi Sheth

Atsi Sheth is a Managing Director in Moody’s Credit Strategy and Research team. She serves as the Chief Credit Officer for the Americas. Prior to this, she was Managing Director in Moody’s Sovereign Risk Group, responsible for the teams covering the Americas, Asia Pacific and Middle East. Before rejoining Moody’s in 2011, she was Chief Economist at Reliance Capital. During Atsi’s previous tenure at Moody’s from 1997 to 2007, she worked in the Credit Policy and Sovereign Risk groups, covering countries in Asia, Africa and Europe.

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Alastair Wilson

Managing Director

Global Sovereign Risk

Moody's Investors Service

Moody's Investors Service

Global Sovereign Risk

Managing Director

Alastair Wilson

Alastair Wilson is a Managing Director and Head of Moody’s Sovereign Risk Group. In this capacity, he leads Moody’s global team of sovereign risk analysts, with responsibility for maintaining the quality of Moody’s sovereign ratings and for the analytical leadership Moody’s aims to provide to investors and issuers through its research.

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Marie Diron

Managing Director

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Managing Director

Marie Diron

Marie Diron heads the Sovereign Risk Group for Asia Pacific, the Middle East and Africa, responsible for analytical teams covering sovereigns and multilateral development banks in these regions.Marie has worked as Moody’s lead sovereign analyst for a number of Asia Pacific credits, including China, Hong Kong, Taiwan, India, Sri Lanka and Australia.

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David Staples

Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Managing Director

David Staples

David Staples is a Managing Director at Moody’s in the EMEA Corporate Finance Group based in Dubai. His responsibilities include managing the analytical teams that oversee the ratings of companies based in the Middle East, Turkey, South Africa as well as Russia and the CIS. David has a Masters degree from The Johns Hopkins School of Advanced International Studies in Washington, D.C. (1984) and a Bachelors degree from the University of Cincinnati (1982).

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Celina Vansetti

Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Managing Director

Celina Vansetti

Mauro Leos-Lopez

Associate Managing Director, Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Associate Managing Director, Sovereign Risk Group

Mauro Leos-Lopez

Mauro has been with Moody’s Sovereign Risk Group since 1996. He is currently the Regional Credit officer for Latin America in charge of a portfolio of credits that includes Brazil, Mexico, Uruguay, and other Latin American countries. As a lead analyst, Mauro is also responsible for regional multilaterals including IADB, CABEI, and FLAR.

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Dietmar Hornung

Associate Managing Director

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Associate Managing Director

Dietmar Hornung

Dietmar Hornung, Associate Managing Director, leads the Sovereign Risk Group’s European team, covering the European countries and the European supranationals. Prior to his appointment as team leader, Dietmar was Moody’s lead analyst on a number of European sovereign credits, including Germany, France, Italy, Ireland, Russia, EU, EFSF and ESM.

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Matt Robinson

Associate Managing Director

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Associate Managing Director

Matt Robinson

Matt Robinson manages the Sovereign Risk Group’s Middle East and Africa team producing ratings and research regarding sovereign and supranational creditworthiness in Sub-Saharan Africa and Middle East/North Africa. He is responsible for managing staff located in London, Frankfurt, Dubai and New York.

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Sean Marion

Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Managing Director

Sean Marion

Sean is responsible for Moody’s analytic teams that rate banks and nonbank financial companies in the Nordics, Baltics, South-Eastern Europe and emerging markets in Middle East and Africa. Prior to relocating to London in 2011, Mr. Marion held various positions of progressive responsibility in Moody’s, including working in the firm’s offices in Mexico City and Toronto. Mr. Marion holds graduate degrees in economics from the Université Paris I (Sorbonne) and the London School of Economics. He also holds an undergraduate degree from Bishop’s University, Canada.

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Colin Ellis

Managing Director

Chief Credit Officer EMEA

Moody's Investors Service

Moody's Investors Service

Chief Credit Officer EMEA

Managing Director

Colin Ellis

Colin Ellis is Moody’s Chief Credit Officer in EMEA, and a Managing Director in the Credit Strategy team. He is responsible for identifying and analyzing the broad macro and credit trends, and leading and coordinating Moody’s ratings approach, across franchises in the region. He is also a member of Moody’s Macroeconomic Board, which sets the global forecasts that underpin Moody’s universe of ratings.

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Laura Acres

Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Managing Director

Laura Acres

Laura Acres is a Managing Director with Moody’s Asian Corporate Finance Group. Based in Singapore, she leads a team of analysts who rate corporates across a variety of sectors in South and Southeast Asia.

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Gary Lau

Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Managing Director

Gary Lau

Gary Lau is the Managing Director for the Corporate Finance Group in Hong Kong. Gary manages analytical teams in Hong Kong, covering corporate ratings in North Asia (ex-Japan).

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Constantinos Kypreos

Senior Vice President

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Senior Vice President

Constantinos Kypreos

Constantinos is a Senior Vice President and leads a team of analysts covering banks in Africa, the Middle East and the Balkans. Since joining Moody’s Limassol-based banking team in 2005, Constantinos has followed banks as lead analyst in South Africa, Egypt, Ghana, Israel, Greece, Bulgaria, Romania, Montenegro, Saudi Arabia and Qatar. He has authored numerous articles covering the African and Balkan banking systems and is a regular speaker at regional conferences.

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Marianna Waltz

Managing Director

Corporate Finance

Moody's Investors Service

Moody's Investors Service

Corporate Finance

Managing Director

Marianna Waltz

Marianna Waltz is a Managing Director at Moody’s Investors Service and has joined the company in 2011. She runs Moody’s Corporate Finance team in Latin America, including analysts based in the company´s offices in Brazil, Mexico and Argentina. The team´s portfolio includes non-financial corporates in 15 countries and various industries, such as steel, mining, pulp and paper, oil and gas, telecom, construction, building materials, transportation, retail, food & beverage, and agricultural commodity companies, among others.

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Akin Majekodunmi

Vice President - Senior Credit Officer

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Vice President - Senior Credit Officer

Akin Majekodunmi

Akin joined in October 2014, and is the lead analyst on a portfolio of Sub-Saharan Africa Banks, focusing initially on Nigeria and then elsewhere in West and East Africa as the team’s footprint in the region grows. Prior to Moodys, for 10 years Akin worked primarily as a structured finance credit analyst (asset back securities) in London for HSBC Investment Bank, Sumitomo Mitsui Trust Bank and UniCredit Bank AG. Akin is a CFA charter holder and has a BA in Economics from Leeds University Business School and an MSc in Management from Cass Business School

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Stephen Long

Managing Director - Global Banking

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Managing Director - Global Banking

Stephen Long

Stephen Long is a Managing Director co-responsible for Moody’s global bank ratings. He is based in Hong Kong and primarily focuses on bank ratings in the Asia Pacific region. He is also responsible globally for Moody’s ratings of non-bank financial institutions.

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Victoria Maisuradze

Associate Managing Director

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Associate Managing Director

Victoria Maisuradze

Victoria Maisuradze is an Associate Managing Director for the Moscow-based CFG team. Victoria leads a team of analysts covering a portfolio of Russian and CIS issuers. Prior to her current position Victoria was Vice President- Senior Credit Officer and Lead Analyst for the Russian and CIS Oil & Gas portfolio.

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Henry MacNevin

Associate Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Associate Managing Director

Henry MacNevin

Henry MacNevin is currently an Associate Managing Director responsible for bank ratings in Italy and in several countries in Central and Eastern Europe, based in London. Mr MacNevin joined Moody’s London-based banking team in October 1996, since when he has followed banks as lead analyst, as well as in Italy, in the United Kingdom, the Nordic region, Belgium, Luxembourg and Hungary, and has also worked as backup analyst for other banking systems, principally in Europe. Mr. MacNevin’s previous banking experience includes seven years with the Barclays group, where he held positions in strategic planning, corporate banking, and credit risk management. Mr. MacNevin earned a B.A. (Hons) in Business Studies from Portsmouth Polytechnic in the United Kingdom.

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Alexander Perjéssy

Vice President - Senior Analyst

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Vice President - Senior Analyst

Alexander Perjéssy

Alexander Perjéssy is Vice President – Senior Analyst at the Moody’s Sovereign Risk Group. Based in Dubai, he has lead analyst responsibilities for a number of sovereigns in the Middle East, including most of the Gulf Cooperation Council member states and several regional multilateral institutions.

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Dion Bate

Vice President - Senior Analyst

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Vice President - Senior Analyst

Dion Bate

Dion is responsible for South African and Turkey based corporates covering a diverse range of sectors which includes REIT’s, Telecoms, Transportation/Logistics, Diversified Conglomerates and Investment Holding Companies. Previously, he was responsible for rating South African and European RMBS securitisation transactions. Dion graduated from the University of Pietermaritzburg, Kwa-Zulu Natal and holds a Bachelor of Commerce degree with Honours in Economics. He is also a qualified Chartered Financial Analyst.

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Rehan Akbar

Vice President – Senior Analyst

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Vice President – Senior Analyst

Rehan Akbar

Rehan Akbar is a Vice President – Senior Analyst in Moody’s EMEA Corporate Finance Group based in Dubai. He covers a diversified portfolio including Oil & Gas, petrochemicals, transport and mining companies situated in the Middle East, Turkey and Africa. Prior to joining Moody’s in 2011, Rehan worked as a credit analyst at Mashreq Capital where he covered emerging market corporates. He started his career as a software engineer and technology consultant. Rehan has a Masters degree in Management Sciences and Engineering from Stanford University and a Bachelors degree in Computer Science from Lahore University of Management Sciences. He is a CFA charterholder.

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Srikanth Vadlamani

Vice President – Senior Credit Officer

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Vice President – Senior Credit Officer

Srikanth Vadlamani

Srikanth Vadlamani is a Vice President – Senior Credit Officer for the Financial Institutions Group in Asia. Based in Singapore, he is primarily responsible for the credit ratings of banks and finance companies in India, Indonesia and Sri Lanka.

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Lucie Villa

Vice President – Senior Credit Officer

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Vice President – Senior Credit Officer

Lucie Villa

Lucie is the lead analyst for several Sub-Saharan African sovereigns and supranational issuers and is a senior member of Moody’s Africa Sovereign Ratings team. Lucie holds a postgraduate degree in Probability and Statistics from a French Engineering School (ENSAI) and a Master’s degree in Economics from the Panthéon-Sorbonne University in Paris.

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Yaroslav Sovgyra

Associate Managing Director

Banking

Moody's Investors Service

Moody's Investors Service

Banking

Associate Managing Director

Yaroslav Sovgyra

Yaroslav Sovgyra is an Associate Managing Director for the Moscow-based banking team. He manages the team of bank analysts which rates nearly 130 banks in the CIS region. Previously, Yaroslav has been the lead analyst on a number of largest Russian and Ukrainian banks (since August 2007), the lead analyst on a number of banks in Poland, Hungary and Czech Republic (since 2005) and Senior Accounting Analyst (since 2003).

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Alberto Postigo

Vice President - Senior Credit Officer, EMEA Banking

Moody's Investors Service

Moody's Investors Service

Vice President - Senior Credit Officer, EMEA Banking

Alberto Postigo

Alberto Postigo joined Moody’s Investors Service in 2002. He is currently based in Madrid with responsibilities as lead analyst for a number of Spanish banks. Before joining the Financial Institutions Group, Mr. Postigo worked in the structured finance group for six years, mostly in the analysis and rating of ABS transactions.

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Further information

If you require any further information about the event please contact:

Jasmine Endres, Assistant Director - Events & Outreach, jasmine.endres@moodys.com

Find out more about the new world of credit here: em.moodys.io