The seminar will provide an overview of recent transactions using political-risk and partial credit guarantees of the Asian Development Bank (ADB), and their role in pushing the frontier of its transactions. The seminar will feature a panel discussion where market participants, representing a variety of leading public and private sector export credit agencies and political-risk insurers, will discuss lessons learned and how guarantee and insurance structures are evolving to keep pace with changes in the global market.
| PROGRAM/SPEAKERS |
| Time |
Speaker | Topic |
| 5:00 p.m. |
Young-Hoi Lee Managing director general, ADB | Opening remarks |
| 5:10 p.m. |
Martin Endelman Senior cofinancing officer, Office of Cofinancing Operations (OCO), ADB | ADB guarantee products being used at the frontier of ADB transactions |
| 5:30 p.m. |
Panel discussion on lessons learned and future directions |
Diana Smallridge President, International Financial Consulting, Canada | Need for cooperation among regional export credit agencies (ECAs) in sharing risk |
T.C. Venkat Subramanian Chair and managing director, Export-Import Bank of India | Need for a level playing field between all official export finance providers |
John J. Salinger President, AIG Global Trade and Political Risk Insurance Co. | Growing interdependence between private and public sector credit and political-risk insurers in short-term trade and long-term project finance |
Eric D. Siegel Executive vice president, Medium- and Long-Term Financial Services, Export Development Canada | The best role for multilateral development bank and ECA guarantees and insurance support in project finance in Asia |
Philippe Valahu Regional manager, Asia Multilateral Investment Guarantee Agency (MIGA), Singapore | Breach of contract, regulatory change, and subsovereign risk cover |
| 6:30 p.m. |
Question and answer
|
With responses from the Panel, joined by Philip C. Erquiaga Principal director, OCO, and Martin Endelman |
| 6:50 p.m. |
Philip C. Erquiaga | Closing remarks |
Moderator:
Nicholas Robson Partner, Capital Risk Group, JLT Risk Solutions Ltd., London |
For further information, contact Mr. Martin Endelman, tel: (63-2) 632-6102, fax: (63-2) 636-2456, email: mendelman@adb.org