Evian, France
September 27 - October 1, 2017

Marisol Quirion

Marisol Quirion

I want to express my sincere appreciation to the G-20Y Summit International Organizing Committee. This event was a real opportunity for young business leaders to share their views on today’s world main challenges. The ongoing collaborative relation between the delegates was a real pleasure to me.

When an event like this is successful, the credit starts with the organizing committee. Please accept my compliments regarding your team’s fine work and excellent planning. The thoughtfulness you have shown has made the G-20Y a worthwhile experience.

I congratulate you on both a successful and a memorable Summit. I hope to work cooperatively with you in the future.


Développement international Desjardins
Senior Director
Développement international Desjardins
Canada

Holger Erchinger

Holger Erchinger

I believe the vision of the G-20Y Summit is to make a real and independent contribution regarding what the young generation of business leaders think around the issues the G20 has on its agenda. The G-20Y Summit brings together devoted participants from around the globe with diverse professional backgrounds onto a platform of creative thinking in order to develop some fresh ideas regarding potential solutions.


KPMG LLP New York
Partner
KPMG LLP New York
United States

Philipp von Girsewald

Philipp von Girsewald

I think it's great to have young business leaders, participating in the G-20Y Summit, who come together from a broad variety of expertise and cultural background, and who come together to discuss certain topics of particularly interest at these times and who try to find the solutions. I think it is not important to have technical expertise in each of the subjects, discussed at the G-20Y Summit. I think it's great to bring in your general expertise, your cultural background and a lot of common sense to come to some proposals which otherwise couldn’t be brought up.


Deutsche Bank AG
Managing Director, Global Head of Corporate M&A
Deutsche Bank AG
United States

Ferry Robbani

Ferry Robbani

In my line of work I have attended several summits in the past and most of them are very serious, like the G20 itself back in Mexico last year. I also attended the IMF meeting in Tokyo, the World Economic Forum in Davos.  But most of those summits are very serious and most of the participants are not able to really engage in the discussions.  I found that at the G-20Y Summit the format is pretty much different, and that you can really actively be engaged in discussions and the debates on the selecting topics that you have. That is the main reason why I chose this Summit.

It's very impressive. It's great to be among 100 young business leaders from various industries with various experiences. And I find that in the last two days during the discussions and the topics on the plenary session the discussions and debates were very lively, very intense, but it really brings all the experience together from around the world and I find it very interesting and very free.  

The organisation is very profeccional. I can easily compare it to the other summits I have attended, The G-20Y Summit is excellent.


Bank Mandiri
Senior Vice President Group Head
Bank Mandiri
Indonesia

Rolf T. Pasel

Rolf T. Pasel

You have many business meetings during the year, you have many seminars where you learn something, but these are always in your industry with the same people talking about the same topics. So bringing together business leaders from different industries, geographies, different levels across the G20 – this is interesting. I mean you don't often have the opportunity to talk freely, open-mindly about these kind of topics and discuss the challenges and thoughts of G20 of today.

The Co-Chairing was an interesting experience, because in the end of the session you had a different perspective, different people to integrate. I thought about it before doing the Co-Chairing: one of the important things is not to lose somebody during the process.

For me it`s the whole experience of G20. Just you have arrived at the hotel, you have special impression about Russian history, Russian culture. You entered the door and it was not like any business hotel you usually stay in.

And big thanks to the organizing committee because you kept this going; all these nice events. You had this feeling you were really welcome in Russia and it was from day one to the end.


Atos International
Senior Vice President Global Solutions
Atos International
France

Frank Klaas

Frank Klaas

Arriving here I saw very fascinating group of people, acting together, discussing together and for me the first step towards understanding G-20Y was to see that this is like a market place where international global people can, without borders in thinking, be together and this is for me the most important aspect.

G-20Y for me stands for creating a global world of communication. We don`t have problems understanding each other and we are probably not creating results, but we are creating the right solutions to create results in the future.

My job was always communication; I’m probably an expert in crisis communications. I think G-20Y is a fascinating opportunity, where people can start to communicate and start to discuss with each other, have the opportunity to meet people from Europe, from Brazil, Australia or Russia, and Italy, and Spain and to share experiences. That is the fascinating world of G-20Y.

I’m a part of a huge financial organization. The whole financial world is today seen a lot in the media. We have here the opportunity to show that we are interested to have a dialog with a lot of people who want to change the world, to develop a new way of acting together. I think it’s very important not only for me but especially also for the industry to have this opportunity to be in an international dialog. I think it’s a great opportunity!


Deutsche Börse Group
Managing Director Global Public Affairs
Deutsche Börse Group
Germany

Ekaterina Petelina

Ekaterina Petelina

I guess that working for a large bank in the financial industry is global by its nature. I think that the coordination of efforts among twenty of the largest jurisdictions is important especially in our industry.  The whole idea of G-20Y Summit is that young people bring their ideas that might be controversial, that might be a little provocative, but are fresh. And they share it with the business community. I think and I hope that what we accomplished during these three days will actually be meaningful and will impact the decisions and discussion of G20 leaders.

I just have a habit – wherever someone asks “who?”, I just put my hand up.  And this is not the best habit I have but when they asked the volunteer to be Co-Chair – I just thought that I have relevant experience as a former consultant, as a former Head of Strategy of VTB group and a business leader now. I think I have the relevant experience to talk about financial stability and financial regulation, which was the topic of our committee. And I think it’s a very important topic and it’s really one of the top items on G20 Summits agenda. Because without financial stability as we’ve seen before it’s really impossible to deliver growth, to deliver prosperity. I really enjoyed working with our committee members, we had ten people from different countries, different economies: Europe, UK, Russia, Malaysia, and Japan. It was interesting to see what similarities we have, what differences we have and different and similar ideas that we share. I think it really enriched my understanding of the industry at the global level and I believe we were able to deliver some meaningful and practical recommendations.

The most interesting moment for me of the Summit was the dancing master-class, because I’d never thought that you can learn how to dance tango in 30 minutes. I think our teachers did a very good job: very simple moves that everybody could repeat and learn within 30 minutes. It was a very good G20 and a very fast delivery of results.

 


VTB 24 (JSC)
Deputy Chairman, Head of Retail Business Department
VTB 24 (JSC)
Russian Federation

Ananthakrishnan C. Bhoopathy

Ananthakrishnan C. Bhoopathy

It's a really good opportunity for people from India because this is the second time we had a delegation to G-20Y Summit. I'm only one person but I hope that probably the message from us will be that more and more Indian participants should be here, because it gives real good chance to interact with people from many countries and to get to know all sorts of issues, global issues which are current and which need to be addressed in future.

The evening events were really enjoyable – especially the day before we had concert over here – it was really enjoyable.

 


Hindustan Aeronautics Ltd.
Additional General Manager (Finance)
Hindustan Aeronautics Ltd.
India

Abdullah AlRaushoud

Abdullah AlRaushoud

I think Saudi has one of the biggest economies in the world and they will join the G20. And it's part of our role to participate and save the world, to help and develop all the laws or regulations and strategies which would help the world to develop more, to bloom and also to get out of the crisis. 


Blominvest Saudi Arabia
Chief Executive Officer
Blominvest Saudi Arabia
Saudi Arabia

Barbara Kreissler

Barbara Kreissler

I feel very honored that G-20Y Organizing Committee has asked our organization to be part of this. It is the first time we have the opportunity to participate in this event and I’m really excited just reading the program, the agenda and the list of participants on the kind of interaction and discussions that we are going to have on global issues that affect us all. 


United Nations Industrial Development Organization (UNIDO)
Head, Business Partnerships Group
United Nations Industrial Development Organization (UNIDO)
Italy

Manuel Ortigao

Manuel Ortigao

Having read the information that was sent to me I immediately concluded that it’s a very interesting organization with very ambitious objectives and for me to be part of this Summit would be a challenge and I immediately accepted the invitation and I`m very happy to be here.

I expect that we will be able to put together a few recommendations to the G20 governments and that these recommendations will contribute to improving the working conditions and living conditions of citizens across the world. 


European Foundation for the Improvement of Living and Working Conditions
Reseach Manager, Working Conditions and Industrial Relations (WCIR)
European Foundation for the Improvement of Living and Working Conditions
Ireland

Vassilis Christakis

Vassilis Christakis

I wanted to be part of something that is interesting and happening now among young leaders, but I didn’t choose it. It was my organization that wanted to participate because it’s important and also because it’s in St. Petersburg. And it is city in Russia and Russia is one of our member states. So things which are going on in our member states we try to support as much as possible. Especially when it has a progressive and forward looking agenda.

G-20Y Summit is a good opportunity to bring people that would never meet otherwise together and they would be able to exchange here ideas and some arguments that they would not do in their normal working environment. In that sense it is very important that it brings people together from all walks of life in different industries and let them brainstorm without inhibitions. This is exactly what we would be looking forward as a generation of people who want to see a better world.

The evening events were great, I especially like the concert of the classical music. I think the performances of the opera singers were amazing, the violinist was excellent and the tango was fabulous. I congratulate you for that, for selecting and for the perfect organization and implementation. I also like the sailing experience in the Gulf of Finland – it was quite unique.


Black Sea Trade and Development Bank
Principal Officer, Procurement & Corporate Governance
Black Sea Trade and Development Bank
Greece

Yousook Hong

Yousook Hong

The composition of delegates was excellent. People were inspired by each other, provoking different ideas and exchanging diversified opinions. I think the G-20Y Summit IOC’s decision to have different industry involved in different committees was an excellent choice.

Also I see practical and realistic approach by getting G20 local governments involved in the G-20Y Summits. The young business leaders were the people who created the G-20Y Summit Communique. However, our Communique are eventually about the global policies, which should be conducted each government of G20 countries. Therefore, the idea to have local government ministers or vice ministers in the G-20Y Summit Committees worked very well, as we let them hear our innovative ideas and we made our communique reflected onto their policy.


Hana Bank
Manager, FX Dealer, CFA
Hana Bank
Korea

Anton Kotov

Anton Kotov

I think we all, participants of G-20Y Summit, care about our planet and we are not indifferent to what is happening in the world.

The organization is fabulous. I can only say the words of compliments and I have been very impressed with both: the quality of participants and the way the event is organized.

I would be very delighted to continue and I definitely recommend this event to my colleagues in Schneider.


Schneider Electric
Corporate Strategy & Development Director
Schneider Electric
France

Valerie Ruiz-Domingo

Valerie Ruiz-Domingo

I think it's a really great opportunity for people like me to be part of this kind of organization to go outside of your business and to try during a few days to think about topics that everyone is concerned about. And I think it's also an opportunity for me to meet other people to share different ideas and to share a point of view and a part of your current business.

It was nice because there were maybe 7 or 8 people in the Committee so we were trying to share different points of views – it's not so easy. It's quite nice people from India or China and of course from Europe. It was nice to see how the people were concerned about the topic and they were not all  thinking in the same way – I think it'll be very useful.


GDF SUEZ
Senior Vice President, Strategy Global Gas & LNG Business Line
GDF SUEZ
France

Emmanuel Caeymaex

Emmanuel Caeymaex

It is a wonderful opportunity to contribute and influence the potential agenda of the G20 Summits in the future. It's such a great opportunity to network. And I'm actually really impressed by the background and the experience and the diversity of the participants. So I hope to be able to count on that network in the future. And finally it's going to enable me for find the reason why I'm in business, my sense of mission.


UCB S.A.
Vice President, Patient Solutions Leader
UCB S.A.
Belgium

Valerie Diele-Braun

Valerie Diele-Braun

Having been nominated by DSM, I felt very honored to be able to attend this event as it had always been a dream for me to participate in such a venue. The G20Y is for me the small version of the WEF and a learning ground for young executives to exchange thoughts and ideas, make connections and work on the future with other smart people. Having more and more burning issues in the world, such as the economic crisis, the change of demographics and the environmental shifts to name just a few, I think it’s fantastic to exchange views with a wide variety of people and to come up with suggestions that might help to shape our future positively.


Royal DSM
Head Sales & Product Management Personal Care
Royal DSM
Netherlands

Ann Haugh

Ann Haugh

Thank you so much for a challenging, entertaining and worthwhile G20-Y summit event in Mexico City. I thoroughly enjoyed the people, the atmosphere and the challenging opportunity presented to us.


Zurich Global Corporate
Chief Executive Officer
Zurich Global Corporate
United Kingdom

Ricardo Levy Dosualdo

Ricardo Levy Dosualdo

I want to thank you for the excellent event you put together in Mexico City. The quality of the participants and of the discussions at the plenary sessions and committee meetings was excellent and I believe we produced a very good communiqué.

I also wanted to thank you for your companion and positive attitude during the summit. I have myself organized a few less ambitious events and know how hard it can be. Thank you for making it so easy and fun for us to participate.

I hope that your trips back from Mexico City are uneventful and enjoyable. Please let me know how I can be of assistance during the next steps and next summit.


Braskem
Sales Director
Braskem
United States

Paolo Sarcinelli

Paolo Sarcinelli

It's pleasure for me to be invited for the G-20Y Summit for the first time. It's been interesting two and a half days of work. There was a lot of discussion. I think at the end we have been in a position to have a positive dialogue between different members of the Committee. And we have been able to find and put together a nice compromise on a number of controversial matters.


Intesa Sanpaolo
Head of Credit of Intesa Sanpaolo SpA's International Subsidiary Banks Division
Intesa Sanpaolo
Italy

Alistar Rose

Alistar Rose

We are fortunate that we had participants across a multiple different countries across the world, from different types of organisations, from different sectors. We had a very interesting lively debated times. I think it was of a very high quality. I realized the depth of the conversation to be going on in the each of different committees. I think the whole concept behind the G-20Y is great.


Tesco Plc
International Director for Telecoms
Tesco Plc
United Kingdom

Olga Ryabova

Olga Ryabova

I loved the whole idea of top executives coming from financial part of life, mostly, which is quite a serious one, and delivering their professional experience, their personal experience to make the best of recommendations for G20 countries heads and for international organizations. You know there was such mood of cooperation, of future understanding I would say. That was really great. 


Independent expert, former Deputy Chairwoman of the Board of Rosbank

Russian Federation

Maxim Marchenko

Maxim Marchenko

For me it's excellent and a unique opportunity to meet a lot of people from different origins, different countries, and different industries. And this is a really unique opportunity sharing ideas: I can give my ideas and get others. We all became much stronger for the future challenges and the future development. For me it's very important. 


TOTAL EP Russie
Deputy Business Development Director
TOTAL EP Russie
France

Andreas Holler

Andreas Holler

Our group recognized the responsibility towards let's say international questions of the future of the community and the society and we wanted to get involved and also give our input to this event and also collect information of other international talent people.


Immofinanz AG
Chief Operating Officer
Immofinanz AG
Austria

Kartini Sally

Kartini Sally

The working process was wonderful. Because we can see a lot of people from other countries: Brazil, from Malaysia, even from UK –a UK person works in China, he shared his experience in China and also from US. We share all information and all the practices of how to fight corruption in our country. We are very surprised that there is actually only one conference – United Nation Conference about fighting corruption and also UOECD conference against bribery.  But I think not all the countries have ratified and implemented the conference, maybe  we should give some views, some recommendations that all G20 countries and other countries can implement the United Nation Conference and UOECD conference against bribery. There have been discussions that fighting corruption, money laundering and also bribery and financial terrorism are linked together, so every country should be aware about these issues, this not only a problem of developed countries.

My president  attended G-20Y Summit last year in Mexico, he asked senior level manager in Bank Mandiri, he shared his views of G20 of last years, so this is a good opportunity. We are going to send our senior manager to G-20Y Summit.

I think it's a very good opportunity for me to attend G-20Y Summit. This is first time I have attended an international Summit with different views and different subjects. I usually attend workshops or meetings about banking, just only banking but there are more issues we can discuss together. 


Bank Mandiri
Executive Vice President
Bank Mandiri
Indonesia

Maxim Meshcheryakov

Maxim Meshcheryakov

I was surprised how simmilar problems we have in different countries. It`s very interesting to understand that you are a part of the global world.

We had a good brainstorm. I hope all the rest of us staying here will be structuring these themes, these issues which are about corruption; about the problems related to the corruption and then will come the Communiqué.  


OAO Arkhangelskgeoldobycha
General Director
OAO Arkhangelskgeoldobycha
Russian Federation

Roel Staes

Roel Staes

I’m very hopeful that we can find some very good common recommendations that bit by bit will be translated somewhere into actual regulatory form that will help businesses and communities where we are working and increase prosperity globally. 


FedEx Express EMEA
Vice President, Legal and Regulatory Affairs
FedEx Express EMEA
United States

Marcio Morais

Marcio Morais

I decided to be a participant of G-20Y Summit because it's a great opportunity to meet other people, to know the ideas of other countries. Brazil is a great country and most of the time we stay only in Brazil – we have to discuss with other people. That is a reason I decided to came here. 


Government of Pernambuco
Economic Development Secretary & Suape's Port President
Government of Pernambuco
Brazil

Caio Ramos

Caio Ramos

For me it was a big honor to come here because I think it's a good forum in which many countries in the world including the emerging countries can discuss and debate all the problems that they have and try to come up with some suggestions for the future. 


Suape Port and Industrial Complex
Vice President
Suape Port and Industrial Complex
Brazil

Rama Kishore Erukulla

Rama Kishore Erukulla

G-20Y Summit is going to be an important event for up grading my skills, up gradating my understanding. Make myself more understanding in the subject speaking in public. 


Hindustan Aeronautics Ltd.
Chief Manager
Hindustan Aeronautics Ltd.
India

Nosipho Maphumulo

Nosipho Maphumulo

When I heard that it is about G20 I thought it is an opportunity for me as a leader to contribute to making a difference to my world.

The thing I enjoyed most was the Committee work but I also enjoyed the ball last night. I particularly liked the ballroom dancing – that was my highlight.

The organisation was excellent. But I think that there is some work that can be done in terms of integration of the work that was done by the committees into the real G20.


Eskom
General Manager Strategy Enablement & Segmentation
Eskom
South Africa

Mathieu Staniulis

Mathieu Staniulis

I think G-20Y is such an important event in the world because as the young leaders we have to tell the world what we think and what we should accomplish in the next few years, because we have a responsibility to make things change and make a better world.

I worked on the “City of tomorrow” Committee – we had a broad issue to talk about, we tried to figure out what the city of tomorrow would be like and one of the things that I’m very happy to see in the result is that we talked about local communities – how we should design the cities of tomorrow with strong local communities where you can actually get involved as a citizen in your community to share services and actually go further with the challenges the city now faces.

The G-20Y events are nice because you actually have a lot of real work during the day it's so much fun to work with a bunch of people from all around the world with different backgrounds – this is very interesting. And then at night you can socialize, talk to those same people by the way with a more personal feel – this makes the entire experience, so much fun.

My favorite event was the opening Gala ceremony. Our company Desjardins, we got an award for our 3-year friendship with the G-20Y. So it was quite nice experience for us to receive that award. 


Desjardins
Senior Director, Internet and Mobile Solutions
Desjardins
Canada

Jorge Lukowski

Jorge Lukowski

This is my second time on G-20Y Summit. The first time was last year in Mexico and I have very good impression from first participation and that gave me an opportunity to come back to G-20Y here in St. Petersburg.

I think the most important thing is to have different cultures, different people, different companies with different interests and all of them in different committees; that they are working together, merging ideas and arrive at consensus. And I think the young perspective which is a different thing – we don't need to make recommendations under any precision of politics or different kind of pressure you have if you are only a company or if you are only representative of government. So I think we can have an opportunity to be fresh, innovating, and creative in order to present a proposal that more recommendations could be actions. I think that the young people would like to take action more than make recommendations.

It was the first chance to have a voice and be presented to the people who make a decision I think this is a very big advantage to participate and be involve in Recommendations to present to the decision makers of the countries which are involved to the G20. 


Aeropuertos Argentina 2000
Institutional Affairs Director
Aeropuertos Argentina 2000
Argentina

Irina Bakhtina

Irina Bakhtina

There was no question of whether to participate or not actually when the invitation arrived because, for our company, it is incredibly important what exactly is on G20 agenda, not only this year, but in general. Over the last period of time Unilever was Co-Chairing the “Food security” Committee on the B20 initiatives in Rio with a quite valuable contribution, I hope, to the Communiqué which was produced by this committee. For us food security is not just an empty word and we really look to this agenda and how it’s being approach by the government on the G20 level.

What was specifically interesting about the Summit, actually, was the combination of participants which attended. The executive level of the biggest international corporations and some of the real big and significant Russian corporations, as soon as we are in Russia we are speaking about this, representatives of the international non-governmental organizations as well. I believe, this is an incredible group of people, I believe, team of people, who got together in St. Petersburg are really invested their time, not having to open e-mail and stuff which we left behind in office, but really invested our time, being focused on the agenda, which is with us today; and really trying to share the best ideas, many fresh ideas by the way, the most creative ideas I’ve ever heard, on those important areas of real G20 interests.

The program is really sophisticated: dance master-classes, the whole atmosphere of the classical music, combination of it and really amazing atmosphere of the city itself. It's the best season in the city. I believe it's something that going to be quite memorable. 


Unilever Rus Ltd.
Communications Director Russia, Ukraine and Belarus
Unilever Rus Ltd.
Russian Federation

Cornell Basson

Cornell Basson

It's nice to get together and get all the different minds from different countries together. We are really having a hard discussion regarding the specific groups of agenda. I'm on food security group, dealing specially with everything that`s happening in the world economies, food is generally the most sensitive topic. We are trying to understand the needs of poor people and we are trying to represent them on the international stage.

 


Shoprite Holdings
Project Manager
Shoprite Holdings
South Africa

Darren Austin

Darren Austin

I think this is a great opportunity for Atos to network with people with a really broad diversity and also this is an organization which wants to influence the business of the future. It is great opportunity to get involved and potentially influencing some of the policy making of the next ten, fifteen or twenty years. 


Atos UK
SVP UK & Ireland Chief Engineer FIET FBCS CITP
Atos UK
United Kingdom

Jose Joao Batista Stival Jr.

Jose Joao Batista Stival Jr.

It`s important to be here: from the political part and also from the private part.

It's a unique experience to meet 20 countries partners and discuss the same themes. It’s shows that we are going to the same direction – we want to have the same result. For sure a discussion of the mid or long term will be useful for me and for Brazil and for all the countries. 

About the organisation I just have to say that everything is perfect!


Cooperfrigu
Export Director and New Business Development
Cooperfrigu
Brazil

Vladimir Shapovalov

Vladimir Shapovalov

I think you are doing the right thing because it's very important to collect the opinions from various parts of society from business, from governments especially from the young generation and that you are transmitting to the global, to the big G20 – it's very important. I'm happy to be part of it.

 


Ryazan Region Corporation of Development
Chief Executive Officer
Ryazan Region Corporation of Development
Russian Federation

Michael Rösmann

Michael Rösmann

I think for me it's interesting to get to know more people and talk to them and also to talk about the different topics that they usually deal with at work.

All the participants are involved in big businesses. The leaders, they have the same ideas about going forward and sharing lots of different views. And they all want to be part of the decision making.


ThyssenKrupp AG
Vice President and Head of Capital Markets, Corporate Finance
ThyssenKrupp AG
Germany

Juuso Virtanen

Juuso Virtanen

I heard about G-20Y Summit actually through the Finish embassy from my ambassador. They were discussing in the Finland chamber of commerce about the possibility of a person who might be interested in this. They send me initial information about the Summit, then I decided to apply for the meeting.

I think the expression “G-20Y” is the first generation where people generally in the G20 countries have the possibility to freely cooperate together – and things like these are really good. It’s a really good expression for the generation. 


Virtanen Yhtiöt Oy
Chief Executive Officer
Virtanen Yhtiöt Oy
Finland

Raimund Kirchleitner

Raimund Kirchleitner

In my eyes, the G-20Y Summit is a unique opportunity to interact and communicate to motivated young ambitious c-executives; and to also interact with people from other business sectors.

I think it is super important to have the young generation of c-executives round one table at such aconference to exchange ideas,and to forward these ideas to those who are really on the steering-wheel regarding the future of our planet. I believe by havingworked out our papers we can somehow, let’s say contribute to the future and a better development of the world, whereby in our working group`s case especially regarding the financial world.

I believe it was quite useful, quite interesting, even if we were discussing theoretical topics mainly,but this is the purpose of this one. It was in any case also interconnected withreal life and with taking concrete action in the future. I was also able to extend my network, meet interesting people, which I will follow up with in the future. I found it quite useful, also to experience St. Petersburg, which is truly a nice place for this event. I also enjoyed very much the side events.

My favorite one was the yachting regatta – it was really good fun. We had perfect weather, even if we were lacking wind, so we were not really going that fast, but nevertheless it was good fun. Unfortunately we only got the second place – so we were the first loser. But nevertheless it was not really about competition – it was much more about fun and communication. For me it was alsoa nice opportunity to have my daily swim in the Gulf of Finland. I really enjoyed it very much.

 


Chief Executive Officer
St. Moritz Bäder AG
Switzerland

Alastair Grier

Alastair Grier

G-20Y benefitted both me personally and also RBS. The different cultures and points of views were interesting and refreshing. What came out most is that the challenges that our customers have in the UK are also the same challenges that customers have in many different countries from India to France. This gave me excellent insight into new solutions for our customers and also into how RBS could better support at a macro level, the UK economy. 


The Royal Bank of Scotland
Chief Operating Officer of Business & Commercial Banking
The Royal Bank of Scotland
United Kingdom

Johan Forssell

Johan Forssell

Actually it was more because as an Investor, AB is actively involved in G20. We hold a meeting and thought that I should attend it. And I'm happy to be here, work more with people and learn more.


Investor AB
Managing Director
Investor AB
Sweden

G-20Y Summit 2014 Online

G-20Y Summit 2014 Closing Ceremony

September 13, 2014

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G-20Y Summit 2014 Press Office
G-20Y Summit 2014 Closing Ceremony
Montreux, Switzerland
G-20Y Summit 2014 Closing Ceremony
Jean-Luc Larribau, G-20Y Association Business Assembly President, France
Jean-Luc Larribau, G-20Y Association Business Assembly President, France
Energy Markets Committee Results Presentation, Bertrand Deprez, Committee Co-Chair, Director, Europian Affairs, Schneider Electric, France
Energy Markets Committee Results Presentation, Bertrand Deprez, Committee Co-Chair, Director, Europian Affairs, Schneider Electric, France
Food Security Committee Results Presentation, Committee Co-Chairs: Pascal Cassecuelle, Head of Regions International, Bayer AG, Germany and Michael Frank, Vice President, International Row Crops and Global Vegetable Business, Monsanto Company, USA
Food Security Committee Results Presentation, Committee Co-Chairs: Pascal Cassecuelle, Head of Regions International, Bayer AG, Germany and Michael Frank, Vice President, International Row Crops and Global Vegetable Business, Monsanto Company, USA
The City of Tomorrow Committee Results Presentation, Don Lee, Committee Co-Chair, President of Lafarge Philippines, Lafarge, France
The City of Tomorrow Committee Results Presentation, Don Lee, Committee Co-Chair, President of Lafarge Philippines, Lafarge, France
Global Demographic Developments Committee Results Presentation, Committee Co-Chairs: Becky Frankiewicz, Sr. Vice President/ General Manager Costco Customer Team, PepsiCo, USA and Yuji Nakahara, SVP Strategy, Royal DSM, The Netherlands
Global Demographic Developments Committee Results Presentation, Committee Co-Chairs: Becky Frankiewicz, Sr. Vice President/ General Manager Costco Customer Team, PepsiCo, USA and Yuji Nakahara, SVP Strategy, Royal DSM, The Netherlands
Global Demographic Developments Committee Results Presentation, Committee Co-Chairs: Becky Frankiewicz, Sr. Vice President/ General Manager Costco Customer Team, PepsiCo, USA and Yuji Nakahara, SVP Strategy, Royal DSM, The Netherlands
Global Financial Reforms - Banking Committee Results Presentation, Committee Co-Chairs: Dr. Dirk Lubig, Managing Director, Group Strategy (AfK), Deutsche Bank AG, Germany and Patrick Nolan, Group General Manager & CEO Global Banking & Markets Americas, HSBC Group, UK
Global Financial Reforms - Banking Committee Results Presentation, Committee Co-Chairs: Dr. Dirk Lubig, Managing Director, Group Strategy (AfK), Deutsche Bank AG, Germany and Patrick Nolan, Group General Manager & CEO Global Banking & Markets Americas, HSBC Group, UK
Global Financial Reforms - Insurance Committee Results Presentation, Committee Co-Chairs: Julie Batch, Chief Analytics Officer, Insurance Australia Group, Australia and Dalynn Hoch, CFO Zurich North America, Zurich Insurance Group, Switzerland
Global Financial Reforms - Insurance Committee Results Presentation, Committee Co-Chairs: Julie Batch, Chief Analytics Officer, Insurance Australia Group, Australia and Dalynn Hoch, CFO Zurich North America, Zurich Insurance Group, Switzerland
Global Financial Reforms - Alternative Investments Committee Results Presentation, Committee Co-Chairs: Dan D`Arrigo, Executive Vice President, CFO & Treasure, MGM Resorts International, USA and Ann Kaplan, President & CEO, iFinance Canada, Canada
Global Financial Reforms - Alternative Investments Committee Results Presentation, Committee Co-Chairs: Dan D`Arrigo, Executive Vice President, CFO & Treasure, MGM Resorts International, USA and Ann Kaplan, President & CEO, iFinance Canada, Canada
Private Infrastructure Investment Committee Results Presentation, Committee Co-Chairs: Michael Hartman, Senior Vice President, Deputy General Counsel and Corporate Secretary, DIRECTV, USA and Johan Torgeby, Head of Client Coverage, SEB, Sweden
Private Infrastructure Investment Committee Results Presentation, Committee Co-Chairs: Michael Hartman, Senior Vice President, Deputy General Counsel and Corporate Secretary, DIRECTV, USA and Johan Torgeby, Head of Client Coverage, SEB, Sweden
Global Trade Obstacles Committee Results Presentation, Committee Co-Chairs: Jesus Madrazo, Vice President, Corporate Affairs, Monsanto Company, USA and Jerome Ovion, Managing Director France, FedEx Express, USA
Global Trade Obstacles Committee Results Presentation, Committee Co-Chairs: Jesus Madrazo, Vice President, Corporate Affairs, Monsanto Company, USA and Jerome Ovion, Managing Director France, FedEx Express, USA
Creating Jobs Committee Results Presentation, Committee Co-Chairs: Will Hoy, Head of Corporate Finance, GKN plc, UK and Cathy McCaul President, Global Processing, MasterCard, USA
Creating Jobs Committee Results Presentation, Committee Co-Chairs: Will Hoy, Head of Corporate Finance, GKN plc, UK and Cathy McCaul President, Global Processing, MasterCard, USA
Jean-Luc Larribau, G-20Y Association Business Assembly President, France
G-20Y Summit 2014 Closing Ceremony
G-20Y Summit 2014 Closing Ceremony
G-20Y Summit 2014 Closing Ceremony

Video:  G-20Y Summit Closing Ceremony

G-20Y Participants Gather for Closing Ceremony

G-20Y Summit 2014 Final Communiqué

Three days of research, planning and debate came to an end today with the presentation of final conclusions and recommendations at G-20Y Summit 2014 Closing Ceremony. The Co-Chairs of each of the ten committees took to the stage in the Salon De Congress room of the Fairmont le Montreux Palace in Montreux, Switzerland to unveil the carefully thought out solutions to a vast scale of problems occurring across the world.

The ceremony began with a short welcoming speech delivered by G-20Y Association Business Assembly President, Jean-Luc Larribau who thanked the esteemed participants for their involvement in the 2014 G-20Y Summit. “The G-20Y is the platform for the business community,” he said, explaining that the summit should act as a learning experience both for participants and the G-20Y Association but should also aim to have an impact on the issues that became the focus points in the final Communiqué produced by the combined ideas of each committee.

Global Financial Reforms - Banking Committee

The first pair to grace the stage were the Co-Chair representatives from the Global Financial Reforms - Banking Committee: Dr. Dirk Lubig, Managing Director, Group Strategy (Afk) for Deustche Bank and Group General Manager and CEO Global Banking and Markets America’s for the HSBC Group, Patrick Nolan. The presentation began acknowledging that regulation is fundamental to the successful developing of the global banking and the principal of Basel III and concept recovery and resolution planning are key to maintaining a sustainable financial system. However after many heavy discussions the committee concluded that the current system of regulation that began in 2008 following the global banking crisis has become too complex, prescriptive and conflicting to allow the banks to work smoothly towards ensuring that the financial market remains stable. This results in negative consequences for both customers, taxpayers and for society.

Instead the Co-Chairs suggested and alternate way of regulating international banking and reigning in banks that jeopardize the trust and running of other leading banks, which keeps prioritizes regulations and removing unnecessary and over complex systems. The framework takes on a new simplified and uniform format to be adopted across G20 countries which should be strictly adhered to through a global agreement.

Under this new regulatory framework, flexibility would only be allowed on market conduct regulations only such as centralized clearing, trade reporting and compensation in order to reflect national and regional need. An Institute Consequential Governance would also be introduced with this framework with the establishment of watchdog organizations with strong powers to penalize non-compliant banks.

Energy Markets Committee

Following the Banking Committees presentation the Co-Chairs from the Energy Markets committee, Vice Chairman and Country Manager of Enel, Georgios Stassis and Director of European Affairs for Schneider Electric, Bertrand Deprexz, took to the stage to present their findings.

There were two main focuses of the Energy Markets presentations: Climate change and global access to energy.

The first call to action was for the creation of an international climate change agreement that established a framework for reducing greenhouse gases and carbon emissions in developed and developing nations.

As there is currently no system in place for controlling the international price of carbon, the Co-Chairs recommended that one of the initial steps that G-20Y Association could take to encourage G20 countries to reduce emissions is to push for a global system to control the sale of carbon, creating a clear internationally recommended price to lower the use of carbon and as a result, carbon emissions.

Access to energy is not as easy a topic to tackle; there are a number of nations where functioning energy is extremely limited due to a lack of financial funding and access to resources. This problem grows due to the fact that in many countries energy prices are not reflecting the real market price. Therefore as a reaction to this information the committee recommended implementing a global common approach to ensure that the price that energy is sold at accurately reflects the real market price.

Food Security Committee

Supply, access and optimization were the key topics in the Food Security committee presentation by Co-Chairs Pascal Cassecuelle, Head of Region International for BAYER and Vice President, International Row Crops and Global Vegetable Business for the Monsanto Company, Michael Frank.

G20 countries have a high rate of food waster and reducing this needs to be a high priority for developed and developing countries. In order to counter act this rise in waste the Energy Markets committee proposed for the introduction of incentives for G20 countries to reduce waste by 50% by 2050. One way to do this is to educate consumers about food life which would prevent confusion around best before dates and therefore reduce unnecessary food waste.

Innovation has to be supported in both developing and developed countries, by encouraging independent farmers and sharing technology. In this day and age it is sometime hard to remember that food comes from farms and independent farmers who produce 80% of the food consumed in the developed world. The committee also recommended that global bio-security standards should be implemented to protect food trade and that ocean farming should be utilized as a widely accessible source of food.

Global Demographic Development Committee

Becky Frankiewicz and Yuji Nakahara presented the work of The Global Demographic Developments Committee.

The Co-Chairs presented a cross-section of their innovative ideas, focusing on creating a global education qualification where each profession has the same skill requirement and foundational knowledge. This would enable employers to list and recruit for jobs globally.

The diverse group of representatives who made up the committee came from both the public and private sector and have been addressing the impact of the world’s rapidly expanding and aging population. The challenges faced by increased longevity and falling fertility rates have put immense pressure on natural resources, social care systems and created a talent gap.

The committee also challenged the notion of retirement, stating that we need to “redefine what it means”. Current social systems, healthcare and pensions cannot be maintained. The Committee suggests a shift in mindset is needed to move towards the prevention of healthcare rather than treatment and providing incentives to keep employees in job positions for longer.

The City of Tomorrow Committee

The City of Tomorrow committee broke down the large scale topic of developing cities into two smaller subsections: developed and developing cities. Don Lee, President of Lafarge Philippines presented this decision as a necessary move as the two subsections face different developmental challenges.

He continued that developed and developing cities need to partner up in order to share experience and ideas which is the best practice for development. The top 20 emerging cities will also have a national and regional plan for integrated urban planning design including transport networks that ensure that areas surrounding city centers are also developed at a similar rate.

Global Financial Reforms – Insurance Committee

The Committee, which included Co-Chairs, CFO of Zurich North America, Zurich Insurance Group, Dalynn Hoch and Chief Analytics Officer for Insurance Group Australia, Julia Batch, agreed upon a radical set of proposals to increase the stability and profitability of the insurance industry that they laid out during their Closing Ceremony Presentation.

There were four main challenges that the Committee found; a lack of shared data analytics, underfunding of pre-disaster mitigation, an ageing demographic and multi-layered international regulation. The Committee, which has been discussing these issues at length, has recommended that governments must support the digitalization of records and the creation of open data platform and allow appropriate access to insurers and others to interact in an innovative, risk-friendly big-data environment. Another recommendation will be for more collaboration between business and communities across the world to help understand and prioritize pre-disaster mitigation.

Global Financial Reforms – Alternative Investments Committee

Perhaps one of the most contentious topics touched upon in the G-20Y Summit 2014, was that of alternative investments. Since the financial crisis, some forms of alternative investments - like hedge funds and derivatives - have become toxic issues in the public consciousness due to bad practice in the past. The summit was all ears when committee Co-Chairs, President and CEO of iFinance Canada, Ann Kaplan and Executive Vice President, CFO and Treasurer of MGM Resorts, Dan D’Arrigo took to the stage and presented a colorful and insightful presentation in how alternative investments are key to a successful and diverse economy. However, they also highlighted areas where the alternative investment must improve. The main recommendation of the Global Financial Reform – Alternative Investments Committee was that there should be a framework of professional standards to standardize and provide consistent information for investors in alternative markets. The participants of this committee believed that such a framework would provide much needed clarity in a complicated, but important market.

Private Infrastructure Investment Committee

Next up to present were Senior Vice President, Deputy General Counsel and Corporate Secretary for DirectTV, Michael Hartman and Head of Client Coverage for SEB, Johan Torgeby, representing The Private Infrastructure Committee. They described how over the last few days of debate and discussion the Committee had been tackling how to meet the urgent need for additional infrastructure worldwide. They strive to create a drive in infrastructure projects by encouraging more private and public partnerships and in turn, this can increase economic growth and social benefits.

The Committee has created recommendations on creating programs for credit enhancement, using proportions of government budgets allocated for foreign aid instead pumping it into financing for infrastructure, and the use of corporate social responsibility models, such as ‘green bonds’ to fund pro-environment projects.

Global Trade Obstacles Committee

The work presented by the Global Trade Obstacles Committee, Co-Chairs Jesus Madrazo, Vice President, Corporate Affairs for the Monsanto Company and Managing Director France, FedEx Express, Jerome Ovion, was made up of solutions for how trade can be boosted globally and what work can be done to remove obstacles restricting trade growth.

The Co-Chairs focused their presentation on how looking beyond reducing tariffs and instead addressing the need to focus on local standards as well as examining what regulatory framework is in place. This is a much better place to focus our attention.

The way in which small-to-medium enterprises trade and are effected by current standards underlined the recommendations suggested. Overall, the work of the committee was an effort to harmonize regulatory standards, create a body dedicated to local trade and simplify the complexity of customs processes through digitalization.

Creating Jobs Committee

The focus of the presentation by committee Co-Chairs Head of Corporate Finance for GKN plc and President of Global Processing for MasterCard Cathy McCaul was the rise in youth employment, which the committee members examined through four different scopes: Labor market initiatives, structural unemployment, female participation and private enterprises creating jobs for young people. With youth unemployment steadily increasing the need to establish a foundation for young people to nurture and develop skills is critical if they are to become established within the work force. The subsections identified allowed the committee to develop a framework within which a solution could begin to form.

The committee identified a number of different avenues that both public and private sectors could follow to create more entry level opportunities and paid apprenticeships. This involved pushing for life-long learning schemes where both employers and employees both gained from the partnership and the investment into vocational training within established industries and organizations. The belief behind the development of the framework was that looking at long term solutions to youth unemployment, a long term investment of providing vital skills to new workers was the best way to encourage participation from companies, whilst also benefiting young people.

And so, with the presentations over, it came for the closing remarks on what has been a groundbreaking G-20Y Summit. Jean-Luc Larribau thanked the participants of all their hard work and reminded them their journey towards a more sustainable and prosperous global future was just beginning. The Communiqué, compiled of the recommendations from of all the committees will now be disseminated around the world and all the G-20Y participants will be involved in follow-up discussions to help implement their vision on a global stage. The G-20Y Summit may only be five-years-old but it is quickly evolving into an important part of global social and business development. The next G-20Y Summit in 2015 will build upon the groundwork made by these committees. The event is fast becoming an important and not to be missed date in the calendar of any young, ambitious business leader.

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