11th Limassol Economic Forum | 30 October 2020 | click here to view on demand.
Managing a corporation has never been easy but CEOs and corporate leaders all over the world are virtually unanimous in their belief that their job has become much harder and far more complicated in recent years, with today’s global business scene being characterized by a worryingly high level of unpredictability.
Over the last 20 years, major events have caused extreme disruption to business across the world: The terrorist attacks on the US on September 11, 2001 changed everything. Then came the crisis started in the US subprime mortgage market in 2007, which brought the country’s financial markets close to meltdown, before spreading to Europe and then to other regions of the world at the beginning of last decade. And finally, when the global economy and business seemed to be back on a good growth trajectory, the unexpected coronavirus pandemic came to cause unprecedented worldwide chaos and an international business lockdown.
And these are only the external factors affecting business. Today’s corporate leaders are also concerned about the digital revolution, increasingly fierce competition, perceived over-regulation and changing consumer behaviour, as well as the need to be innovative and able to deal with countless other disruptive and possibly game-changing elements.
How can a corporate leader run a company in conditions of such extreme uncertainty? How can he/she plan, strategize, forecast, budget and manage people under these volatile circumstances? The rules of management and corporate leadership are changing rapidly and CEOs have no choice but to adapt to their new reality. The objective of the 2020 Limassol Economic Forum is to help corporate leaders, CEOs, Managers and Board Members deal with the inevitable changes that are being forced upon them and to turn every challenge into an opportunity for betterment.
When: Friday, 30 October 2020 | 10:00
Where: The event will run online.
General Manager of LMA Advisory Ltd and Former Minister of Energy, Commerce, Industry & Tourism, Cyprus
George Lakkotrypis studied mathematics and computer science (BSc) at the University of Keele in the UK (1988-1991). He completed his postgraduate studies in business administration (MBA) at the University of Colorado in the USA, on a Fulbright scholarship (1993-1995). In 1991 he joined Joannou & Paraskevaides, assigned to oversee the IT systems at the company’s branch in Benghazi, Libya, until 1993 when he started his postgraduate degree in the US. In 1995, upon his return to Cyprus from his studies, he joined IBM Cyprus, where for the next 6 years he worked in sales. In 2003 he was the first employee hired by Microsoft in Cyprus, entrusted with developing the company’s operations in the country. In 2008 he was appointed managing director for Microsoft Cyprus and Malta, while in November 2011 he was promoted to public sector director for Microsoft Central & Eastern Europe. In March 2013, Mr. Lakkotrypis was appointed as Minister of Energy, Commerce, industry and Tourism of the Republic of Cyprus, a position he held until July 2020. Currently, through his private firm, Mr. Lakkotrypis is offering advisory services in areas such as Digital Transformation, Energy Transition and Healthcare.
Chief Economics Commentator & Associate Editor, Financial Times, UK
Martin Wolf is Associate Editor and Chief Economics Commentator at the Financial Times, London and author of numerous highly regarded books on globalisation. Martin was awarded the CBE in 2000 for his services to financial journalism”. He was a member of the UK government’s Independent Commission on Banking (2010-2011) and a senior economist for ten years at the World Bank’s division of international trade. Martin has an unparalleled voice on the economic relationships underlying our complex financial systems, what we can learn from them, and what lies ahead for Europe, the US, and the rest of the world.
President, Euro-Mediterranean Economists Association, Spain & UK
Professor Rym Ayadi is Founder and President of the Euro-Mediterranean Economists Association (EMEA), Founder and Director of the Euro-Mediterranean Network for Economic Studies (EMNES), Professor at the Business School of the City University of London and Senior Advisor at the Centre for European Policy Studies (CEPS). Professor Ayadi is an Economist and International academic expert on international business and financial systems, financial markets and institutions, global financial regulation and governance, and socio-economic development and foresight in economies in transition. She is currently Member and Elected Chair in several international high- level Academic and Advisory Committees and Boards.
Chair & Chief Executive Officer, Vantage Airport Group, Canada / US
George Casey is Chair and CEO of Vantage Airport Group, a global airport investment, development and management company. He is responsible for all aspects of the company’s performance including its network of airports and growth initiatives. Mr. Casey has more than 30 years of senior leadership and management experience in the airport and aviation sector. He has been involved in capital planning and airport development, finance, operations, air service development, commercial management, mergers and acquisitions and privatizations in almost every region of the world, and participated in the analysis, assessment and review of more than 170 airports.
Chairman, Galileo Global Education, France
Mignot Mahon Marc-François became Chairman in May 2017. Previously, he served as President of Galileo Global Education France as well as a member of the Galileo Global Education Board. In his current role, Marc-Francois leverages the Galileo Global Education board and his International Executive Committee in the aim of further developing the group. Prior to heading Galileo Global Education, Marc Francois was CEO of Studialis (a European leader in private higher education), he also founded and managed several prestigious companies in the field of higher education (Hetic, Cifap and Cifacom) as well as in the digital sector (Sollan, Education.com and EMME). Additionally, he held senior management positions at various professional institutions (FING, AFEM, EIMF).
Group General Manager, Head of Belt & Road Initiative and Business Corridors, Asia Pacific HSBC, Hong Kong
Mukhtar Hussain is a Group General Manager of HSBC based in Hong Kong. He is responsible for two of HSBC’s most important strategic growth initiatives namely the Belt and Road initiative and Business Corridors in Asia. In this role, he is responsible for driving dialogue with key clients and counterparts for HSBC Group. He reports directly to Peter Wong, Deputy Chairman and CEO of HSBC in Asia. Mukhtar has spent his entire career at HSBC (37 years) joining the Bank in London in 1982 as a graduate trainee. He spent 11 years in the City of London before being invited to establish the wholesale banking platform for HSBC in the Middle East in 1993. He was extensively involved across the Middle East and responsible for helping HSBC establish Saudi Arabia’s first investment banking platform. He served as Deputy Chairman of HSBC Middle East. In 2006, he returned to London to Co-Head Global Banking and was then asked to restructure the Private Equity business of HSBC into the current Principal Investments unit. In 2009, Mukhtar was appointed Chief Executive Officer of HSBC Malaysia with responsibilities for one of the largest franchises in South East Asia. Mukhtar served in Malaysia for 8 years until April 2018 before moving to Hong Kong to undertake his current role. Mukhtar has served as a member of the Executive Committee of HSBC Asia Pacific since 2010. In October 2018, he was invited to join the Board of HSBC Singapore as Chairman and remains a Director of HSBC Malaysia. He graduated in Economics from the University of Wales in 1982 and is a Chartered Banker.
CEO, Bank of Cyprus
Panicos Nicolaou currently serves as the Chief Executive Officer of the Bank. He previously served as the Director of Corporate Banking Division from June 2016 until August 2019 during which he had under his supervision Corporate Banking Centres throughout Cyprus, the International Corporate Banking Centre and International Operations as well as the Bank’s Factoring Unit. He joined the Bank in 2001. Prior to becoming a Director of Corporate Banking he served as Manager, Corporate Management in the Restructuring and Recoveries Division where he managed a large portfolio of problematic exposures. Panicos holds a BSc in Financial Services from the School of Management, UMIST, UK, a BSc in Mechanical Engineering from National Technical University of Athens (Metsovio), Greece and an MSc in Mechanical & Industrial Engineering from University of Illinois at Urbana-Champaign, USA. He is also an Associate Member of the Chartered Institute of Bankers, Institute of Financial Services, UK since 2004. Recently he was appointed as Chairman of the Board of Directors of the Association of Cyprus Banks.
CEO, Cyta, Cyprus
Before assuming office as the CEO of Cyta in January 2019, Andreas Neocleous’ main work experience was gained in three large multinational companies (Goldman Sachs, Ericsson and MTN). His time as a Senior Technology Analyst at Goldman Sachs (London and New York) introduced him to the corporate financial world at the highest level. His time at Ericsson Cyprus allowed him to make a smooth transition from technology to business while at the same time adjusting to the Cyprus business environment. Very importantly, his assignment to several Senior Management positions at ΜΤΝ Cyprus offered him priceless experience in leadership and organizational culture change in a demanding and multi-cultural global environment. His academic qualifications include a Masters of Engineering in Electrical and Electronic Engineering and a PhD in Telecommunications & Digital Signal Processing, all from Imperial College, University of London.
Head of Financial Advisory Services, Deloitte Limited, Cyprus
Nicos S. Kyriakides is the Partner in charge of the Limassol Office and Head of Financial Advisory Services of Deloitte in Cyprus. He has extensive experience of more than 36 years in Audit, Corporate Finance, Business Consulting and International Tax planning. He has led a large number of Consultancy and Financial Advisory projects across different industries relating to Valuations, Mergers and Acquisitions and Due Diligence Reviews, Reorganisations of Groups of companies, Capital and Debt Restructurings, Forensic and Insolvency work, Fairness Opinion Reports and Public Offerings. Nicos has prepared studies for the financing of Renewable Energy projects, Marinas, Golf courses, Hotels and large Real Estate Development projects. Nicos is a Chartered Accountant, member of the Institute of Chartered Accountants in England & Wales (ICAEW) and holds a B.Sc. in Economics (Accounting & Finance) from the London School of Economics and Political Science.
Managing Partner, Elias Neocleous & Co LLC, Cyprus
Elias Neocleous is the Managing Partner of Elias Neocleous & Co LLC, Cyprus’s largest and most internationally recognised law firm. He is a graduate of Oxford University and a barrister of the Inner Temple, and was admitted to the Cyprus Bar in 1993. Elias has more than twenty years’ experience of successfully leading legal teams dealing with large, complex cross-border transactions, including many of the most important and innovative transactions in Cyprus in recent years. His main areas of practice are banking and finance, comp any matters, intellectual property law, international trade, tax and trusts and estate planning. Elias is frequently invited to speak at international legal conferences, and he has many publications to his credit in the fields of corporate, taxation and trust law.
Chairman and Managing Director, Papastratos & Philip Morris International EU South East Cluster (Greece, Romania, Bulgaria, Slovenia, Croatia, Cyprus, Malta), Morris International, Greece
Christos Harpantidis studied Physics at the Aristotle University, while he continued his studies in the UK getting his Master’s degree in Economics and Business Administration (MBA) from Kent University. Christos has also completed executive education programs at Stanford and Duke Universities. He started his career in 1997, at Coca-Cola Hellenic, and became a member of Papastratos’ family in 2003, taking on responsibility of key positions. On 2012 he moved to PMI’s International Operations Center in Lausanne while on August 2015, he was assigned to the position of Chairman and Managing Director of Papastratos and Head of the EU South East Cluster. Christos is a BoD member in Organizations and Bodies (Hellenic American Chamber of Commerce, Foundation for Economic and Industrial Research, Competitiveness Council of Greece, General Council of Hellenic Federation of Enterprises).
Global Technology Strategy & Transformation Leader, Deloitte Limited, UK
Mark Lillie is Global Technology Strategy & Transformation Leader for Deloitte. This global practice of c.2000 consultants includes specialists in technology strategy, digital operating models, enterprise agility, cloud strategy and ServiceNow. He is also on Deloitte’s Global Technology Strategy & Innovation Executive, with responsibility for Technology Strategy, Eminence and The CIO Programme. He has responsibility for increasing Deloitte’s market impact and awareness with Technology Leaders at our clients. This includes strategic eminence activities such as Deloitte’s relationship with industry analysts (e.g. Gartner, Forrester), Deloitte’s Tech Trends Reports and Deloitte’s Global Tech Leadership Study, as well as Transition Labs for technology leaders and our NextGen CIO Academy. In addition Mark leads Deloitte’s EMEA Energy, Resources and Industrial Products Consulting Practice. This client portfolio includes oil and gas, utilities, industrial products, mining and shipping organisations.
Chief Executive Officer, daa, Ireland
Dalton Philips is the Group Chief Executive with daa plc since October 2017 and is a member of the Board of ACI Europe. His career began with Jardine Matheson, with roles in New Zealand, Australia and Spain. He then spent seven years with Walmart in Brazil and Germany. In 2005 Dalton joined the Weston family, as CEO of luxury goods retailer Brown Thomas Group (Ireland), and in 2007 as COO for Loblaw Companies Ltd, a leading Canadian grocery retailer. Between 2010 and 2015 Dalton was CEO of Wm Morrison Plc, the UK’s 4th largest supermarket chain. Morrisons has over 600 stores, employs approximately 120,000 people and serves 12.5 million customers every week. Dalton has a BA from University College Dublin, an MBA from Harvard Business School and an honorary Doctorate of Management from Bradford University. Dalton is fluent in Portuguese and Spanish and also holds a private pilot’s licence.
CEO & founder, Palmer, CEO, MTO Agency, US
Gretchen Fox is on a mission to help conscious companies scale for greater impact in the world. She is the CEO and Founder of MTO Agency, a values-based growth agency. Previously, Fox served as Vice President of Social Media at Live Nation and Ticketmaster, generating over $20 Million annual revenue through social media in under two years. Before Live Nation, Fox created some of the first social marketing programs for international sport properties including Wimbledon, IndyCar and Winter Olympics. Her work has earned her awards, regular press coverage, speaking engagements and a role as contributing writer for Forbes.
CEO, Conscious Capitalism, Inc., US
Alexander McCobin is the CEO of Conscious Capitalism, Inc., dedicated to elevating humanity by improving the practice and perception of business. Capitalism is fundamentally a human endeavor, it is the way for human beings to ethically engage with and help one another. This underlying insight of Conscious Capitalism differentiates it from so many other approaches to business and economics and is needed now more than ever. Alexander holds a BA in philosophy and economics from the University of Pennsylvania, a MA in philosophy from the University of Pennsylvania, and a MA in philosophy from Georgetown University.
Vice President & Chief Sustainability Officer, Interface, US
As Chief Sustainability Officer at Interface, Erin leads a global team that provides technical assistance and support addressing sustainability at all levels, while the global organization continues to reach its Mission Zero targets in 2020. She serves on the Executive Education for Sustainability Leadership program at Harvard University, and on the Sustainable Entrepreneurship MBA (SEMBA) advisory board for the Vermont Grossman Business School. Erin graduated magna cum laude from the Vermont Law School, where she earned her Master’s Degree in Studies in Environmental Law and her Juris Doctor degree.
The Bank of Cyprus Group is the leading banking and financial services group in Cyprus, providing a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Bank of Cyprus Group operates through a total of 98 branches in Cyprus and has representative offices in Russia, Ukraine and China. Bank of Cyprus Group comprises Bank of Cyprus Holdings Public Limited Company, its subsidiary Bank of Cyprus Public Company Limited and its subsidiaries.
Cyta, is the leading brand in the Cyprus telecommunications sector, providing integrated electronic communication solutions. By taking timely advantage of technological developments and the convergence of telecommunications and IT, Cyta is now the pioneer in quadruple play in Cyprus, offering a broad range of innovative services and ICT solutions to both, the consumer as well as the business market. Since February 2004, Cyta has been Vodafone’s exclusive partner in Cyprus and, consequently, a member of the largest mobile communications network in the world.
Deloitte Limited is among the leading professional services firms in Cyprus, providing audit & assurance, consulting, financial advisory, wealth advisory, risk advisory, tax and related services, as well as a complete range of services to international business, through over 700 people in Nicosia and Limassol. Deloitte Limited, is the sub-licensed affiliate for Cyprus of Deloitte NSE LLP, a UK limited liability partnership and member firm of Deloitte Touche Tohmatsu Limited. Please visit www.deloitte.com/cy to find out more. As part of the Deloitte global network, with more than 312,000 people in over 150 countries, Deloitte Limited has the advantage of global sharing of knowledge with local adaptation and personal approach, built on the solid foundations of over 60 years of successful operations on the island.
Elias Neocleous & Co LLC provides specialised legal services in all aspects of Cyprus and European law, with a focus on excellence and innovation. With more than 140 qualified advocates and tax consultants, and offices in Limassol, Nicosia, Paphos, Prague, Kiev, Brussels and Budapest, Elias Neocleous & Co LLC is the largest law firm in Cyprus, and is internationally recognised as the premier legal advisor in the region. The firm tops the IFLR and the Legal 500 rankings for Cyprus. It has also been awarded ‘Top tier’ status by Chambers HNWI, Benchmark Litigation and ITR World Tax Guide. Additionally, it is the only Cyprus Law firm rated as a ‘Law firm to watch’ by Indian Business Law Journal and has been included in the Global Restructuring Review ‘Top 100 firms’. Elias Neocleous & Co LLC’s commitment to quality is evidenced by its ISO 9001:2015 certification and its 2019 Cyprus HR Gold award for ‘Excellence in performance management strategy’.
The Limassol Economic Forum attracts the decision makers such as the Board Members, CEOs, CFOs, Managing Directors and other senior management executives from all the major corporations in Cyprus and abroad. The Forum also welcomes politicians, diplomats, other government officials, but also entrepreneurs, academics and other international experts on political and economic issues.
Attendance of the Limassol Economic Forum is by invitation only. Please contact IMH for further information.
IMH is the largest business knowledge and information transfer organisation in Cyprus. Its services include the coordination and running of conferences, seminars and commercial exhibitions, specialist business media publishing and human resources consulting. Every year, IMH organises more than 110 conferences related to every sector of the market, commercial exhibitions and training seminars, and undertakes the entire process of five business award ceremonies. IMH publishes the only dedicated business magazines in Cyprus: the Greek language monthly IN Business and the English-language monthly Gold, which are read by tens of thousands of Cypriot and non-Cypriot professionals, managers and entrepreneurs. It also operates the magazines’ accompanying news portals, the IN Business Portal (www.inbusinessnews.com), the GOLD Portal (www.goldnews.com.cy) and the REPORTER (www.reporter.com.cy). ΙΜΗ also delivers via e-mail the IN Business Daily Newsletter, the GOLD News Daily Newsletter and the REPORTER Newsletter. The IMH Business Development Department bids for tenders published by local public sector bodies, the European Union and other international organisations. Through its activities, ΙΜΗ gives businesses a chance to develop, to network, to find new clients and business associates, to communicate with new audiences and discover growth opportunities. www.imhbusiness.com
IN Business magazine has a monthly readership of over 89,000. It is the only monthly business magazine in Cyprus that provides a comprehensive overview of all segments of the economy, from retail to services, as well as reporting on new deals, presenting new faces and, generally, looking at everything that’s happening on the local business scene. IN Business has always been a pioneer in local business journalism, thanks to its in-depth analysis and research, often backed by previously unpublished facts and figures. www.inbusinessnews.com
The Cyprus LSE Alumni Association has been founded by LSE graduates living and working in Cyprus to support the affiliation between its alumni members and LSE. The association’s main objectives are to promote and enhance collaboration among its alumni members in Cyprus; to host various events of a socioeconomic nature in liaison with LSE; and to facilitate the dissemination of knowledge and experience from LSE. Building on the success of the Limassol Economic Forum over the past 10 years, the LSE and The Cyprus LSE Alumni Association are participating in this year’s event with a number of speakers and alumni, to address modern challenging times. LSE and The Cyprus LSE Alumni Association have been actively supporting the Limassol Economic Forum from day one believing in the development of Cyprus as a regional forum for bringing together the necessary brain power, know-how and experiences to deal with the ever increasing challenges of the local, regional and global economy and geopolitical dynamics.
The Cyprus Shipping Chamber is the trade association of the Shipping Industry in Cyprus. The main purpose of the Chamber is to promote the interests of Cyprus Shipping and to further the reputation of the Cyprus flag. The Chamber also acts as a lobbying group for the promotion and safeguard of the legitimate interests of its Member-companies, at national and international level. On the local front, the Chamber co-operates very closely with the Government in all shipping related matters. Moreover, the Chamber operates as a roving ambassador of Cyprus Shipping through its membership and active participation at the International Chamber of Shipping (ICS) and the European Community Shipowners’ Associations (ECSA).
The Limassol Chamber of Commerce & Industry was established in its present form in 1962 and represented the first concerted effort of the Limassol business community to have an organisation to defend its interests and promote the economic development of the Limassol district. Over the years the Limassol Chamber has continued to be at the forefront of initiatives aiming to achieve optimum economic development for Limassol. In that context it has expressed keen and active interest, among others, in road projects, the Techno Park as well as in a series of tourist infrastructure projects, such as the conference centre, the casino and others.
Invest Cyprus (Cyprus Investment Promotion Agency) is the investment authority of the Government of Cyprus dedicated to attract and facilitate foreign direct investment into the country. In close collaboration with all governmental authorities and public institutions, as well as the private sector, Invest Cyprus is the country’s lead agent in establishing Cyprus as a world-class destination for international business activity and investments. Invest Cyprus’ mandate is to raise awareness of Cyprus as a destination for FDI across the globe, providing certainty around all aspects of operating a business in Cyprus and supporting potential investors in developing their business case for investment into the country.
Since its first day of operation in April 2016, ALPHA Television Cyprus has been implementing and maintaining a high level of quality both in production and operation mode. By choosing Alpha Cyprus, the viewer can watch the biggest TV names from Cyprus and Greece as well as informative and entertaining productions high in quality and presentation. Strategically, ALPHA Cyprus continues to invest and create content by setting high goals on the three key pillars of news, entertainment and fiction with a strong emphasis on quality and variety in content.
GOLD magazine was founded in 2011 as the first English-language business monthly in Cyprus. Today, it is not only synonymous with the promotion of good business practices but it has a unique and valuable readership of High Net Worth Individuals, international company executives, English-speaking Cypriot and non-Cypriot businessmen and women. GOLD provides a comprehensive and informed overview of the local business scene, the economy and the market and has gained a reputation for its in-depth articles and revealing interviews with key local and international personalities. www.goldnews.com.cy
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