PRI/CFA Institute ESG Workshop and Panel Discussion
14/12/2017
CFA Institute and the PRI are hosting series of workshops across the globe that will culminate in regional reports on the current state of ESG integration.
Those invited to the workshop have been carefully selected to ensure that there is a good representation of the different players in the financial markets. The format of the workshop will be group discussions with four to eight groups discussing the impact of ESG integration on investment processes, investment decisions and financial markets.
The discussions will be centred around a survey, which we would like you to fill out before the workshop. It will take roughly ten minutes to complete and your answers will remain anonymous. When filling out the survey, please provide your views on ESG integration, not your firm’s views on ESG integration. We will feed all responses into the regional reports mentioned above.
The workshop will be followed by a panel discussion: A Practitioners View: ESG, Islamic Bonds, Green Bonds: “What investors need to know”.
Moderator:
Justin Sloggett, CFA, Head of Public Markets, Principles for Responsible Investment
Justin joined the PRI in June 2014. He oversees the Listed Equity and Fixed Income work streams. Before starting at PRI, Justin had worked for the Co-operative Asset Management as a Responsible Investment Analyst, where he was responsible for ESG integration and worked closely with the investment research team and the portfolio managers. Justin has also worked for F&C Asset Management PLC as an Investment Support Analyst. Justin graduated from the University of Nottingham with a Master’s degree in Mechanical Engineering and is a CFA® charterholder.
Panelists:
Fawaz Abusneineh, CFA, Managing Director, Head of Debt Capital Markets & Issuer Services, FAB
Fawaz is in charge of the DCM Origination business for FAB’s Global Corporate Finance clients. He has worked on a number of landmark transactions for high profile issuers in the Corporate, Institutional and SSA space, covering various DCM products from plain vanilla bonds and setting up MTN Programs, to project bonds, hybrid capital and liability management, both conventional bonds and Islamic (Sukuk). In addition, Fawaz manages the Issuer Services business for FAB’s corporate and institutional clients
within the UAE, offering Registrar and Securities Services in the equity and fixed income space. Fawaz has also originated and overseen the execution of numerous landmark deals outside the region, including the inaugural sovereign Sukuk issuance from HM Treasury and Hong Kong Government SAR. Prior to this role, Fawaz headed NBAD’s global distribution of Syndicated Loans and also managed NBAD’s Proprietary fixed income portfolio of c. USD 1.25bn. Fawaz holds a BSc (Hon’s) in Accounting & Finance from the London School of Economics and is a holder of the Chartered Financial Analyst ® designation. He is also the Chairman of the Middle East Region for International Capital Market Association (ICMA) and a Board Member of The Gulf Bonds and Sukuk
Association (GCMA).
Debashis Dey, Capital Markets and Islamic Finance Partner, White & Case
Widely recognised as a leading finance and capital markets lawyer, Debashis helps domestic and international clients to execute a spectrum of complex transactions including limited recourse infrastructure, project finance and ethical finance (green finance, Islamic finance). White & Case is a leading law firm in ethically and socially responsible finance innovations and has acted on transactions such the Polish Green Sovereign bond.
Debashis’ extensive track record includes advising investment banks, corporates and governments on capital markets, securitisation and structured finance matters, including Islamic finance and conventional finance. Noted for the pioneering dimension to his work, Debashis has led numerous product innovations in Europe and the Middle East involving multilaterals, export credit agencies, Sovereigns and Government related sponsors. Debashis is qualified in England and Wales and New York.
Dr. Ashraf Gamal El Din, Chief Executive Officer, Hawkamah
Dr. Ashraf Gamal El Din is the Chief Executive Officer of Hawkamah, the Institute for Corporate Governance. Prior to joining Hawkamah, Dr. Ashraf was the Executive Chairman of Egypt Post. He conducted major governance and organizational restructuring of the Post and its subsidiaries. These reforms resulted in massive transformation of the Post performance and profitability. Before that, he was the Deputy Executive Director of the Egyptian Banking Institute, the training arm of the Central Bank of Egypt. He was also the founder and Project Manager of the Egyptian Corporate Responsibility Center working on promoting the concepts and application of CSR among state owned and private companies in Egypt. Furthermore, he was the Executive Director of the Egyptian Institute of Directors (EIoD), the Institute of Corporate Governance in Egypt and the Arab Region Dr Ashraf served as a board member and head of the Audit Committee in a number of listed, non-listed, State Owned and family owned companies. He also served a member of the General Assembly of the Holding Company for Transportation.
Dr. Ashraf was the advisor of the Minister of Investment 2005-2011, where he was in charge of the restructuring of SOEs, their governance and boards. Furthermore, Dr. Ashraf is an Associate Professor of Management, Faculty of Commerce, Cairo University and holds a PhD degree from Manchester University, UK, and a Master’s degree in Public Administration from Carleton University, Canada. He further holds a Bachelor degree in Business Administration from Cairo University with highest honor. Dr. Ashraf worked as head of Business Administration Department at Nile University for Graduate Studied, affiliated with the Ministry of Communication & Information Technology. Since 1997, he taught a large number of management and business courses in Egypt, the US, and the Gulf Area
Damian Regan, Director, Insurance and Investment Management, PwC
Damian is PwC’s Middle Eastern Trust and Transparency Solutions leader based in Dubai and assists clients in their identification, collation and presentation of information to external stakeholders, where he provides operational controls reporting, investment track records and corporate social responsibility reporting and assurance. He moved this summer to Dubai from PwC UK where he was based in our London office and ran a similar solution focused on the Financial Services industry.
One of his key areas of focus is Green Finance, particularly the assurance of whether assets have been invested and whether they are in line with the mandate of the fund. He has worked with HSBC, the Bank of America and the UK’s Green Investment Bank amongst others in this area.
Damian also oversees a wide range of other non-financial reporting and assurance engagements and has worked with a number of organisations such as the Principles of Responsible Investment, The Chartered Financial Association’s Global Investment Performance Standards, The Climate Bond Initiative, The City of London’s Climate Change Initiative and The Equator Principles, to help develop and promote Standards of reporting across a wide spectrum of publicly reported information. He has recently been invited to join the UAE Clean Energy Business Council’s Green Finance and Sukuk Bond Committee.
Damian has spoken at a number of conference across the Middle East with the CFA Society, United Nations Development Program, the Clean Energy Business Council and the IIA Chief Auditor Executive Conference.
Workshop Co-ordinator:
Matt Orsagh, CFA, Director, Capital Markets Policy, CFA Institute