April 25th, 2013
9:00am - 3:00pm
City View Room, GW Elliott School of International Affairs
1957 E Street N.W., Washington, D.C. 20052
The GW International Business Society (IBUS), with the support of the GW Center for International Business Education and Research (GW-CIBER) and the GW Latin American Business Society (LABS), invites you to a discussion on the aspects of doing business and economic growth in emerging markets. This student-led conference will feature speakers from the private sector, government, and multilateral organizations, who will share their experiences, perspectives, and tips on working in emerging markets. The event will also include an opportunity for networking with the speakers and other international business professionals. Lunch will be provided.
Please RSVP at: eventbrite.com
|9:00-9:30am||Registration & Breakfast|
Liesl Riddle, Associate Dean of Graduate Programs, GWSB
|9:45-10:15am||Keynote Address: Business Without Borders � A Necessity for Remaining Commercially Relevant!
Suresh Kumar, Distinguished Visiting Professor of International Business, GWSB; Recent Assistant Secretary of Commerce; Director General of the U.S. & Foreign Commercial Service; and Former Corporate Executive at Johnson & Johnson
|10:30-12:00pm||Morning Panel: Working in Emerging Markets - Private Sector Perspectives
Moderated by Suresh Kumar
Tom Thomson, Founder and Principal, T. Thomson & Associates
Rex Pingle, President & CEO, PMD International
Ken Chaletzky, President, Copy General Corp.
|12:30-1:15pm||Keynote Address: Challenges Facing the Global Economy Today and the Tricky Imbalances|
Guru Ramakrishnan, CEO and Chief Investment Officer, Meru Capital Group, LP
|1:15-2:45pm||Afternoon Panel: Development Through Trade & Investment - Multilateral and Government Perspectives
Moderated by Anna Helm, Assistant Professor of International Business, GWSB
Wade Channell, Senior Legal Reform Advisor, USAID
Steve Glickman, Former Director for International Economic Affairs, National Security Council at The White House
Edmund Rice, Senior Professional Staff Member, Committee on Foreign Affairs, U.S. House of Representatives
Orlando Ferreira, Chief, Finance and Strategic Planning Division, Inter-American Investment Corporation
|2:45-3:00pm||Informal Networking with the Speakers|
Suresh Kumar is a Distinguished Visiting Professor of International Business at the George Washington University's School of Business and was most recent Assistant Secretary of Commerce and Director General for the U.S. & Foreign Commercial Service (USFCS). While with the USFCS, Mr. Kumar spearheaded the National Export Initiative and also led the unit's "America's Sales Force" and the trade promotion arm of the US Government that supports and provides customized solutions to U.S. businesses to compete and win in the global marketplace. The USFCS network of 1450 trade professionals extends to 109 offices across the U.S and 127 offices overseas in 77 countries. USFCS is the surrogate export department for SMEs and advocate for corporations in global public procurement projects. Under Mr. Kumar's leadership, USFCS realized extraordinary results under flat budgets, and enhanced US business presence globally.
Prior to joining the Obama administration, Suresh Kumar spent over thirty years as an international businessman, consultant and professor of management educations. He is one of the country very few trifecta athletes who has contributed much to public service, private sector and to non-profit social sectors. Mr. Kumar has led global businesses of major US corporations and been responsible for business units across all continents. Between 1999 and 2003 Mr. Kumar headed the Worldwide Consumer Pharmaceuticals business of Johnson & Johnson and served on the corporation's Group Operating Committee. He is credited with turning around the Emerging Markets business, establishing collaborations, developing and commercializing innovation pipeline, and building stakeholder trust in the corporation's diverse global businesses. Mr. Kumar previously led consumer healthcare, confectionery and grooming businesses of Warner Lambert/ Pfizer as Vice President, Consumer Products for Latin America and Asia. A former member of the board of the World Self-Medication Industry (WSMI), Mr. Kumar has also served on the global councils of the American Management Association (AMA), the Association of National Advertisers (ANA), the Consumer Healthcare Products Association (CHPA) and the Thunderbird School of Global Management. In 2004 Thunderbird School of Global Management named Mr. Kumar Distinguished Executive-in-Residence for his contributions to global trade. Mr. Kumar was President & Managing Partner of KaiZen Innovation, a Management Consulting firm he founded in 2004 to "improve lives and livelihoods". The firm specializes in developing global commerce: establishing public-private collaborations that spur development, helping businesses extend their global footprint, and installing global marketing processes and programs. Mr. Kumar has served as a consultant to leading institutions including the Bill & Melinda Gates Foundation, the African Development Bank and the Alliance for a Green Revolution in Africa (AGRA). Between 2006 and 2007 Mr. Kumar served as Special Advisor to the Clinton Foundation and worked with Governments in Sub Saharan Africa and corporate CEOs to establish collaborative business models and execute farmer and market friendly programs to promote food security and economic development in the region.
Passionate about promoting global trade, economic development and education, Mr. Kumar is a prolific media, industry and government spokesperson, and a sought after commencement speaker. He has spoken and published extensively on globalization and global management practices, and served as adjunct faculty member at the Schulich School of Business at Toronto's York University, Bombay University, India and has been appointed Professor of International Business at Rutgers University EMBA program. Between 1970 and 1985 Mr. Kumar was news and sports anchor on national television in India. He has an Economics degree from Delhi University, an MBA from Bombay University, and is alum of the Thunderbird International Consortium Program. Mr. Kumar and his wife are long-term residents of Princeton, NJ, who retain a presence in Washington, DC. US nationals and true global citizens, the Kumars have lived in six countries and speak as many languages. They have two adult children, who like their parents, contribute to private enterprise and public service.
Tom Thomson, Founder and Principal of T. Thomson & Associates, is a business and strategic communications advisor to companies, not-for-profits and government bodies in the US and abroad. Tom worked with multinational corporations on market expansion and entries strategies entering into Russia and the emerging markets in Eastern Europe. As managing director of an international government relations and strategic communications consultancy, he was based in Moscow, Russia for over ten years and served clients there and in other countries of Eurasia. Tom has been living in Washington, DC for the past five years. Tom is currently the executive director of the Coalition for Intellectual Property Rights, a public-private partnership dedicated to IPR legal reforms, improved law enforcement and economic development in Russia and Eurasia. He has held senior management roles in international development projects in Russia and Kazakhstan, which were funded by The World Bank, U.S. Agency for International Development and the European Bank for Reconstruction and Development.
Rex Pingle has over thirty-five years of experience in emerging markets, providing private sector investment, financing and financial advisory services to governments, corporations, financial institutions and private investors. Mr. Pingle has been the President and CEO of PMD International, Inc. ("PMD") since its establishment in 1987. Mr. Pingle is responsible for PMD's worldwide activities. From 1981-1988, Mr. Pingle was Senior Vice President of Lazard Frères & Co. in New York and Director of the International Government and Corporate Finance Group, responsible for all emerging markets activities, including corporate and project finance, government advisory and debt restructuring assignments. From 1980 to 1981, he served as Senior Investment Officer at the International Finance Corporation. From 1973 to 1979, Mr. Pingle was employed by Chemical Bank, New York where he became Vice President; Director of Chemical Asia Ltd., Hong Kong; and was a member of the Credit Policy Committee of the Bank. Mr. Pingle graduated with a B.A. in History form the University of Virginia in 1968. In 1971, he obtained a Diploma in International Economics from the Free University of Brussels. Subsequently, he completed doctoral course work in economic development and international trade at The Johns Hopkins University.
PMD INTERNATIONAL, INC. PMD International Inc. ("PMD") is a private investment bank formed in 1987 by a group of senior bankers from Lazard Frères & Co., New York and Lazard Brothers Limited, London. PMD focuses exclusively on private sector cross-border transactions and investments in developing countries. PMD specializes in the following services: • Project Finance • Direct Foreign Investment • Corporate Finance, Acquisition & Divestiture • International Debt Restructuring. The Directors of PMD have completed transactions in over seventy-five countries. In addition to funding and implementing transactions, PMD provides clients with financial and commercial advice, market-specific information and detailed economic, financial and political analysis. PMD has extensive experience in attracting and making direct foreign investments in developing countries, including those categorized as "post-conflict" and "fragile states". Recent transactions include funding for projects in Kazakhstan, Kosovo, Kyrgyzstan and Ukraine. PMD is currently working on private sector investments in Libya, Myanmar, Republic of the Congo and Tanzania, among other locations. PMD has been involved in some of the world's largest cross-border limited recourse project financings. PMD's Directors are identified with the development of two well-known project finance innovations: the Build-Own-Transfer and Build-Own-Operate concepts and the leasing of public sector infrastructure in emerging markets. PMD's Directors were also responsible for the first use of Shariah-compliant Revenue Participation Certificates to finance infrastructure. PMD maintains offices in Washington, D.C., USA and London, England. Contact information is available at PDM International
Ken Chaletzky began in the graphic arts industry while earning his BBA at The George Washington University. He later received his MBA from The Wharton School of the University of Pennsylvania. His advanced study project at Wharton involved the creation of a computerized typesetting business, which he and a partner accomplished in the spring of 1974. Five years later they started Copy General. During most of the 1980s, Copy General operated the largest chain of copy centers in Washington, DC. Towards the end of that decade the partners sold the typesetting company to its management team in order to focus on Copy General and some of their other ventures. Ken is currently President & CEO of Copy General Corp.
In 1990 they were approached by Ken's old editor of The GW Hatchet, the GW student newspaper, about opening a copy center in Budapest. The Berlin Wall had recently come down and Eastern Europe was the new business frontier. After much travail, they opened the first Budapest Copy General in 1991. The first Prague store opened in 1992, followed by Warsaw in 1993. At this time there are around 60 Copy General facilities in Hungary, the Czech Republic, Poland, and Russia employing over 500 people. Back in Washington, Copy General slowly shrank its retail store base to just one store in the District. It has concentrated its efforts on building internet-based printing capabilities and other high-tech printed products at its headquarters adjacent to Dulles International Airport.
Ken, and his wife, Linda, live in Bethesda, MD most of the time, with their Golden Retriever, when they're not at their West Virginia dacha. They have two grown children.
Guru Ramakrishnan is the CEO and Chief Investment Officer at Meru Capital Group, LP, a $500 million hedge fund advisor based in New York. Prior to this, Mr. Ramakrishnan was Chief Executive Officer and Co-Chief Investment Officer at Old Lane, LP, a $4.5 billion investment management firm. Mr. Ramakrishnan co-founded Old Lane in 2005 and was responsible for building out both the hedge fund and India private equity businesses, both of which were launched in 2006. Mr. Ramakrishnan was a member of both the Management Committee and Investment Committee, also chairing the Investment Committee of the India Opportunities Private Equity Fund. Following the sale of Old Lane to Citigroup in 2007 for $1 billion, Mr. Ramakrishnan joined Citigroup's Management Committee.
Mr. Ramakrishnan earned his BA (High Distinction) in 1985 and his MA in 1986, both at University of Michigan; he earned his MBA in 1988 at University of Chicago. After graduating from Chicago, he joined Morgan Stanley in the Fixed Income Division and spent two years in the fixed income swaps and high yield securitization business. In 1990, he moved to Equity Capital markets to focus on originating IPOs and Convertible New Issue transactions from corporate issuers in North America. His coverage universe included the Fortune 500 companies. In 1992, he moved to London to work in equity derivatives. Here he set up the Structured Products group within Equities. He was made Managing Director of the firm in 1995. In 1996, he was asked to assume responsibility for the equity derivatives business in Europe and to run the International Prime Brokerage and Stock Lending Businesses. In 1998 he co-headed the Global Prime Brokerage and Stock Lending Businesses. Upon his return to New York in 2000, he ran Global Equity Derivatives before he was given responsibility for Morgan Stanley's Global Equity Trading across the cash, derivatives and convertibles business. A key area of trading focus for Morgan Stanley at that stage was to build out the global proprietary trading business across the qualitative and quantitative spectra. He was responsible for pricing and risk management of all equity and convertible capital markets block transactions. Guru was a member of the Institutional Securities Management Committee, the Equity Operating Committee, the firm's New Product and Capital Commitment Committee, and was President of Morgan Stanley Capital Services
Mr. Ramakrishnan is often invited to speak at various global forums and conferences and delivers lectures at some of the leading universities and business schools around the world.
Wade Channell, J.D. is an economic development expert specializing in the use of law and legal reform to stimulate economic growth. A senior legal reform advisor for USAID, Wade has more than 20 years of experience in identifying legal and institutional constraints to private sector activity and economic freedom. He has worked extensively in Africa, Eastern Europe and Eurasia on economic reform projects and has lived in Brazil, Guinea-Bissau, Croatia and Belgium. While in Croatia, Wade also served as president of the American Chamber of Commerce (AmCham).
Steve Glickman served in the Obama Administration from February 2009 through March 2013, most recently as Director for International Economic Affairs at the White House National Security Council and National Economic Council. His responsibilities include supporting the National Security Advisor, Deputy National Security Advisor for International Economic Affairs, and the Director of the National Economic Council on a wide range of international economic, trade and foreign investment issues, including responsibility over China economic strategy, federal export promotion infrastructure, the Interagency Trade Enforcement Center, National Export Initiative, Interagency Task Force on Commercial Advocacy, SelectUSA, Committee on Foreign Investment in the United States, and cyber and supply chain security. Mr. Glickman also served as Senior Policy Advisor with the White House National Economic Council, where he coordinated Administration-wide strategy, programs, and policy-making on manufacturing, small business, and technology and innovation issues and staffed major private-public partnerships including the President's Advanced Manufacturing Partnership and the President's Jobs Council. Mr. Glickman also held positions in the Department of Commerce's International Trade Administration as Special Advisor to the Import Administration and Chief of Staff of the U.S. and Foreign Commercial Service, where he was responsible for the management and strategy for almost 1,500 trade professionals in over 100 domestic offices and 120 commercial offices located in more than 70 countries that serve as "one-stop-shops" for U.S. exporters.
Prior to his service in the Obama Administration, Mr. Glickman was Majority Counsel to Chairman Henry Waxman on the U.S. House Committee on Oversight and Government Reform. In this position, he led investigations and managed congressional hearings on waste, fraud, and abuse in federal government operations with a particular focus on the U.S. conflicts in Iraq and Afghanistan. Mr. Glickman also served as an Honors Program Attorney in the Criminal Division of the U.S. Department of Justice, where he was a Trial Attorney for the Office of International Affairs and Special Assistant U.S. Attorney for the District of Columbia. Mr. Glickman has held other political and policy positions with the Executive Office of the President, Obama-Biden, Presidential Transition Team, Democratic National Committee, Office of U.S. Representative Edward Markey, American Jewish Committee, and the Democratic Congressional Campaign Committee. Mr. Glickman received his B.A. from Georgetown University, M.A. in American Government from Georgetown University, J.D. from the Columbia University School of Law, and LL.M. in Public International Law from the London School of Economics and Political Science. Steve is a Truman National Security Fellow, Term Member of the Council on Foreign Relations, and Member of the District of Columbia Bar.
Edmund Rice is a Senior Professional Staff Member on the Democratic staff of the House Committee on Foreign Affairs. He has lead responsibility for Democratic staff's work on trade and international economics issues under the Committee's jurisdiction, including: dual-use export controls, export promotion, international economic and investment policy and related matters. He is responsible for oversight of the Bureau for Industry and Security, Office of Foreign Assets Control, the Overseas Private Investment Corporation, the U.S. Commercial Service and the Trade and Development Agency, and for the Committee's special oversight jurisdiction on the multilateral development banks and international financial institutions. He has 40 years of Washington experience, including 20 years on Capitol Hill, in three tours of service.
Immediately prior to re-joining the Committee staff in July 2009, he served from January 1997 to July 2009, as President of the Coalition for Employment through Exports. CEE is an organization of some 25 large multinational companies and banks that specializes in issues related to export and investment finance, export controls and similar matters. From 1999 to 2009, he co-chaired the Export Controls Working Group, comprised of some 200 specialists in export control policy. From 2008-9, he served as coordinator of the Coalition for Security and Competitiveness, comprised of 18 national business organizations, working to advance export control reforms.
From December 1990 to January 1997, Mr. Rice served on the House Foreign Affairs Committee staff, working on its Subcommittee on International Economic Policy and Trade, with jurisdiction over export controls, economic sanctions, trade and related matters. During 1995-7 he was Staff Director of the subcommittee.
From 1987 to 1990, he worked on House Banking Committee issues for Rep. Toby Roth (R-WI), including staffing Republican members of the Subcommittee on Oversight and Investigations. From 1976 to 1987, he worked for the American Hospital Association, including as Vice President for Federal Relations, managing the association's Congressional and federal agency advocacy. From 1971 to 1976, he worked for Rep. Margaret Heckler (R-MA), including as chief of staff and as legislative assistant for her Banking Committee assignment.
He graduated in 1971 with a BA in Political Science from Colgate University. He served in the Army National Guard and Army Reserve from 1970-76 and was honorably discharged. He and his wife have a son who is currently attending college.
Orlando Ferreira manages the finance, strategic planning, and information systems' functions. He came to the IIC in 2006 from the World Bank and the IDB, where he held a number of positions, including Executive Director and Chairman of the Committee of Executive Directors of the IIC. He joined the IDB after 17 years of experience in Paraguay's construction and financial sectors and eight years as a professor of management and capital markets at the Universidad Nacional de Asunción (UNA).
Mr. Ferreira completed his undergraduate studies in economics at UNA. He holds graduate diplomas, in economics and business, from the Universidad de Santiago de Chile and UNA and also a Master of Science in finance from The George Washington University in Washington, D.C.