Franck Riboud

Franck Riboud

Congratulations: the topics you have chosen to work on are the right subjects. These are the stakes that are going to change the world tomorrow. But, while discussing, be sure of the reasons why you are talking about these topics: the WHY is what really matters. Is it to make more money? Wrong answer. Is it to be more efficient? Wrong answer. Is it to really build the futur of the world? Yes, that is the right answer.


Danone
Chairman of the Board of Directors of Danone
Danone
France

Dr. Jacques Bughin

Dr. Jacques Bughin

Many summits are show horse, not workhorses. Many summits have too many people gathering to listen to big figures, but in an impersonal building. Many summits are just an excuse for a good escape and business card exchange, but not about days of learning about themes/new people. A great summit - is the one where you learn new things, you meet new peers, and you get inspired- all that with a zest of close community, and of marvelous natural surroundings and arts. The G-20Y Summit is just that, especially for the set of young leaders ready to take a step up in their career, and build new leadership.

It has been a pleasure and honor to attend the G-20Y Summit and support the G-20Y Association.


McKinsey, McKinsey Global Institute
Senior partner, Director
McKinsey, McKinsey Global Institute
Belgium

Rachel Barger

Rachel Barger

I'm most certainly going to take back my experience at the G-20Y Summits to my customers and to my company. The more people we can have come into environment like this, the more diverse ideas we can have on how we leverage the power and the opportunities that exist with digital transformation.


SAP
COO SAP Asia Pacific Japan
SAP
Singapore

Daniele Agostini

Daniele Agostini

I have been moderating and facilitating a large number of sessions across the world and it is the first time that I find such type of diversity of very focused and motivated people - it is really a great thing about the G-20Y Summit!


ENEL
Head of Low Carbon and European Energy Policies
ENEL
Italy

Gregor Pilgram

Gregor Pilgram

The G-20Y Summit is a unique platform for insurers, where many insurance sector representatives from all over the world could meet.


Generali
Chief Financial Officer - Austria, CEE & Russia Region
Generali
Czech Republic

Barbara Kreissler

Barbara Kreissler

I feel very honored that G-20Y Organizing Committee has asked me to be part of this. 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. 


Signify
Director, B2G Professional Lighting, Global Public & Government Affairs
Signify
Netherlands

Olga Ryabova

Olga Ryabova

I loved the whole idea of top executives coming from different industries and delivering their professional 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. 


Former Deputy Chairwoman of the Board of Rosbank
Independent expert
Former Deputy Chairwoman of the Board of Rosbank
Russian Federation

Onur Taysu

Onur Taysu

G-20Y Summit brings a magnificent group of people together who have adopted a global philosophy and perspective.

The G-20Y Association has utilized an effective selection process and following this selection came an in-depth work, consultation, evaluation and idea-sharing platform. In my opinion, G-20Y Summit is an efficient international think tank and networking platform that will mark the future.

The way the Summit was organized enabled me to learn and at the same time, thanks to the positive synergy existent, led me to contribute as well.

I would like to congratulate everyone who contributed and who attended the summit. I wholeheartedly will continue to support the G-20Y Summits and the G-20Y Association.


UCOM Global GmbH
Deputy Chairman of the Board / CEO
UCOM Global GmbH
Germany

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
Audit Partner
KPMG LLP New York
United States

Jorge Lukowski

Jorge Lukowski

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.

 


President & Founder
Simple Communications
President & Founder
Argentina

Ekaterina Petelina

Ekaterina Petelina

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 G-20Y 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 G-20Y and a very fast delivery of results.

 


VISA
General Director
VISA
Russian Federation

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.


Deposit Solutions
CEO US
Deposit Solutions
United States

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.

 


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

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

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 the G-20Y 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

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 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 G-20Y 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 G-20Y Summit event. 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

Paolo Sarcinelli

Paolo Sarcinelli

It's pleasure for me to be invited for the G-20Y Summit. 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

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

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

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

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

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

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.

 


St. Moritz Bäder AG
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

G-20Y Summit 2017 Online

G-20Y Summit 2017 Closing Ceremony

September 30, 2017

1/22
Closing Ceremony, G-20Y Summit 2017, Evian, France
Jean-Luc Larribau G-20Y Association Spokesperson, G-20Y Association Advisory Board Member, Partner - Avocat à la Cour, Le 16 – Avocats
Jean-Luc Larribau  G-20Y Association Spokesperson,  G-20Y Association Advisory Board Member,  Partner - Avocat à la Cour, Le 16 – Avocats
Jean-Luc Larribau  G-20Y Association Spokesperson,  G-20Y Association Advisory Board Member,  Partner - Avocat à la Cour, Le 16 – Avocats
Daniele Agostini - G-20Y Association Program Committee Member  & The Energy Markets Committee Term Chair,  Head of Low Carbon and European Energy Policies, Enel Holding and Rightwell Laxa G-20Y Association energy Markets Committee Vice Annual Chair, Senior Vice President: Satellite Operations Sasol Ltd., South Africa present the outcomes of the Energy Markets Committee
Dr. Alain Vidal - G-20Y Association Programe Committee Member, Food Security & Nutrition Committee Acting Term Chair, Senior Adviser, External Engagement, CGIAR System Organization, France presents the outcomes of the Joint Session of the Food Security and Nutrition and Global Demographic Developments Committees
Marcus Stein - G-20Y Association Program Committee Member & Global Financial Industry Committee - Banking Subcommittee Term Chair,  Managing Director, Chief Operating Officer, Corporate Finance Germany, Deutsche Bank AG, Germany presents the outcomes of the Banking Subcommittee
Marcus Stein - G-20Y Association Program Committee Member & Global Financial Industry Committee - Banking Subcommittee Term Chair,  Managing Director, Chief Operating Officer, Corporate Finance Germany, Deutsche Bank AG, Germany presents the outcomes of the Banking Subcommittee
Mario Carini - G-20Y Association Global Financial Industry Committee - Insurance Subcommettee Vice Annual Chair, Head of Global Corporate & Commercial CEE and Reinsurance Generali CEE Holding, Czech Republic presents the outcomes of the Insurance Subcommittee
Olga Ryabova - G-20Y Association Program Committee Member & Creating Jobs Committee Term Chair presents the perspectives of the Creating Jobs Committee
Rachel Barger - G-20Y Association Digital Innovation and Transformation Committee Vice Annual Chair, Regional Vice President, Southeast Region, SAP America, USA presents the results of the Digital Innovation and Transformation Commiittee
Rachel Barger - G-20Y Association Digital Innovation and Transformation Committee Vice Annual Chair, Regional Vice President, Southeast Region, SAP America, USA presents the results of the Digital Innovation and Transformation Commiittee
G-20Y Summit 2017 Closing Panelists: Steve Briscoe (LCH), Peter Cameron (Energy Markets Global),Dr. Manuela Zweimueller (EIOPA), Christoph Sporleder (McKinsey & Company), Patrick Nolan (HSBC), Dr. Yoshihiro Kawai (IAIS), Mark Purdy (Accenture Research), Angela Wyan (WFP)
Dr. Manuela Zweimuller, Head of the Policy Department, European Insurance and Occupational Pension Authority (EIOPA), Germany
Dr. Manuela Zweimuller, Head of the Policy Department, European Insurance and Occupational Pension Authority (EIOPA), Germany
Steve Briscoe - LCH Group Head of Technology and Operations, LSEG, UK presents the outcomes of the Refelctions Session
Peter Cameron, Managing Director and Founder, Energy Markets Global Ltd., UK
Christoph Sporleder, Senior Expert (Associate Partner) for Advanced Analytics in Banking, McKinsey & Company, Germany
Patrick Nolan, Vice-Chairman of Global Banking, HSBC, UK
Dr. Yoshihiro Kawai, Secretary General, International Association of Insurance Supervisions (IAIS), Member of Financial Stability Board (FSB), Switzerland
Mark Purdy, Managing Director, Chief Economist, Accenture Research, UK
Angela Wyan – Operations Lead, WFP Innovation Accelerator United Nations World Food Programme, USA
G-20Y Summit 2017 delegates
Ksenia Khoruzhnikova - G-20Y Association Founder and President

G-20Y Summit 2017 Closing Ceremony Video

The G-20Y Summit 2017 draws an end with the closing ceremony. This ceremony sums up a week of great productivity, thought provocation and meeting of intellectual minds – it also brings a halt to many friendships and insightful sessions cultivated throughout the week.

The Summit this year welcomed 100 delegates from the all of over the globe.  The Summit took place in Evian, France overlooking the lovely Geneva Lake and comfortably tucked beneath the French Alps. The main aim of this year’s Summit was to discuss and formulate Perspectives around the new catch term de-globalization and the impact that it will have on the following sectors of business and society:

Insurance
Banking
Creating jobs
Food security & nutrition and demographic trends
Energy markets
Digital innovation

The general definition of de-globalization is as follows “the process of diminishing interdependence and integration between certain units around the world, typically nation-states. It is widely used to describe the periods of history when economic trade and investment between countries decline. It stands in contrast to globalization, in which units become increasingly integrated over time, and generally spans the time between periods of globalization.”

Each of the attendees divided into committee groups namely the Energy Markets, Joint Session of the Food Security and Nutrition and Global Demographics Development Committees, Banking, Insurance, Creating Jobs and Digital Innovation and Transformation Committees.

Each one of the Committees presented their Perspectives of the week starting with the Creating Jobs Committee as presented by Olga Ryabova. As presented, the Committee sought to have impact in their personal awareness of the issues discussed and make moves to consciously effect change in their own spaces first.

“We are all affected by the issues brought about by de-globalization so these perspectives are for us as well. Concepts such as job satisfaction is all of our problem whether you are on the top or the bottom of the hierarchy.”

The Energy Markets Committee followed shortly afterwards focusing their presentation on sustainability of energy and ensuring that it sustained in a responsible manner. As noted in the committee’s Perspectives, the Energy sector is undergoing a radical transformation driven by increasingly clear dynamics but characterised across different geographics with uncertain timeframes.

Having also addressed digital’s impact on the energy sector, it was agreed that hyrogen storage is potentially disruptive technology. It impacts on energy transport across the globe could be significant and in such respect majorly alter current geopolitical balances. Transformation of the energy sector requires mind-set shift and adequate support from all stakeholders (people and companies).

The Energy Markets Committee also looked at ways to make energy more inclusive in the face of de-globalization stating that “it is imperative that the sustainability plans are inclusive because we need to get every stakeholder’s buy-in for anything to work. Energy [or the lack of] affects us all. To achieve energy efficiency we must reach untapped potential.”

The Digital Innovation and Transformation Committee spoke of how digital could be used to create value to the other sectors of society. It is a topic that spans committees and it was evident in their presentation that the committee was aware of this. One of the other committees that the group touched on was the creating jobs committees stating that due to the rapid pace of digital advancement, the traditional idea of going into university to make secure future employment would become outdated. “Digital innovation has changed the way millennials learn, maybe a workplace that is a digital innovator is a better place to learn that going to university?”

With regards to the Insurance Subcommittee outcomes, it was recognized that the technological innovation has had on impact traditional insurance businesses while suggesting that insurance businesses have the mandate to update their business models to remain sustainable and aligned with changing consumer demands. Technology is changing people’s behaviour and lifestyles and therefore people are expecting change from their service providers, regardless of which sector they form a part of, hence the impact it has had on the otherwise stagnant global Insurance industry.

One of the major outcomes of the Banking Subcommittee discussion  is that technological education together with financial literacy becomes key as financial service providers make increased use of digital channels and devices.  This education will benefit financial inclusion, foster trust in the technology, and educate clients about the products, services, providers and the inherent risks.Technological education together with financial literacy becomes key as financial service providers make increased use of digital channels and devices.  This education will benefit financial inclusion, foster trust in the technology, and educate clients about the products, services, providers and the inherent risks.

The memebers of the Joint Session of the Food Security and Nutrition and Global Demographic Developments Committees proposed in its final Perspectives the idea to develop a regulatory framework focused on data and emerging technologies as well as to include a multistakeholder consultation to develop nutrition regulations.

The Committees' presentations were followed by the closing panel. During the panel the distinguished speakers shared their insights on the Deglobalization problematic.

In particular, Mr. Peter Cameron - Managing Director and Founder, Energy Markets Global, stated that recent political developments have promoted fears of a rise of nationalism. But perhaps these movements do not last for long. We may already be seeing evidence of a half-life of nationalism. The forces of globalisation and disruptive industry change will continue, despite short term blips.

Dr. Manuela Zweimueller – Head of Policy Department, European Insurance and Occupational Pension Authority (EIOPA), in her speech mentioned that in an era of de-globalisation, in particular political risks need to be factored into the strategic planning of every firm; constructing scenarios including “wild cards” and stress testing should become state-of-the art in business development, not only in the financial services industry. Political stability, legal certainty and stable cash flows are indispensable when considering long-term investments; this also plays a major role with regards to green/sustainable investments, which are gaining more and more momentum in the transition towards a carbon-free, energy-efficient society as a consequence of the Paris Agreement.

Christoph Sporleder – Senior Expert (Associate Partner) for Advanced Analytics, McKinsey & Company asked the audience a question will de-globalization impact the data economy?

He stressed that whether we are heading towards de-globalization or regionalization: data-based business models and digital-centric companies are so far considered safe and immune. Although not directly related to de-globalization, policies like the EU General Data Protection Rule (EU-GDPR) will have an impact on these business models going forward.

Patrick Nolan - Vice-Chairman of Global Banking, HSBC mentioned that yet opportunities exist to make globalisation and trade more sustainable and better able to support growth into the future. First, there is growing acceptance of the need to ensure the benefits of trade and openness are more widely shared within our communities. Second, there is a strong global commitment to address climate change which is generating significant investment to address the transitions required to meet the Paris Agreement. Third, digital and paperless trade is increasing the internationalisation of supply chains – while this process is accelerating, it will require international cooperation to fully exploit the benefits.

Dr. Yoshihiro Kawai - Secretary General, International Association of Insurance Supervisors (IAIS), Member of Financial Stability Board (FSB) focused his presentation on the quesion of International Financial regulatory reform. Particulary , Dr. Kawai mentioned that after the financial crisis in 2008/2009, the international regulatory community has conducted significant work to address weaknesses in the international financial system. The initiatives in developing policy measures has - in most parts – completed. The focus is now shifting to implement those policy measures. A key question at this stage is whether the world is safer now than prior to the financial crisis. Are there any important areas that still need to be addressed? Are there any emerging risks after the financial crisis that we need to pay more attention?  Are governments well equipped to face another significant financial crisis?

Mr. Mark Purdy -Managing Director, Chief Economist, Accenture Research, stressed global foreign direct investment (FDI) levels remain below their pre-financial crisis peak. There has been talk of multinationals adopting “localization” strategies in response. But as political turbulence hogs the headlines, is there sufficient articulation of the breadth of issues facing business leaders? What are the pragmatic conversations that CEOs and policymakers should be having in this new, fragmented reality?

Angela Wyan – WFP Innovation Accelerator in her presentation underligned that the opportunity to lift 815 million people out of hunger, meet the increasing demand from population growth, and address the food system’s triple burden of undernutrition, malnutrition, and obesity using exponential technology requires countries creating business-friendly ecosystems, well-established and transparent market rules, and steadfast connections to transnational economic networks.

Overall all of the G-20Y Summit 2017 delegates expressed their appreciation for the diverse countries, cultures and sectors represented and the summit and believe that an experience such as this would create opportunities for their careers and progression for the companies upon their return. Finally founder and president of the G-20Y Association Ksenia Khoruzhnikova commended the creating jobs committee on having their perspective published in 20 media outlets gloabally. Finally she detailed the plans for the next G-20Y Summit and encouraged all of the participants to keep in touch and encourage other members of their respective organisations to also get involved in the organisation’s work.

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