Programme

Cloud computing, bots, and advanced analytics are just a few of the new technologies that, in the medium term, will lead to a revision of the cost and performance parameters of labour-intensive processes in the financial services sector. The current business models for the sector are being transformed – in some areas, technology is already replacing conventional business with a so-called platform-based model. What additional benefits do these technologies offer? What is the potential for their development, and what additional investments are required to implement them?

Moderator:
Jeremy Anderson , Chairman, Global Financial Services, KPMG

Jeremy Anderson

Chairman, Global Financial Services, KPMG

In Jeremy's capacity as Chairman of KPMG’s Global Financial Services practice he advises clients across the globe on how to assess and respond to the changing landscape of Financial Services. He regularly engages with regulators, policymakers and task forces on the major initiatives designed to improve financial stability, transparency and trust. This enables him to bring a wide and practical perspective to discussions on key financial, regulatory, operational and corporate governance issues. Jeremy has spent 30 years working with the banking and insurance industry. He has advised in the areas of strategy, risk management, governance, IT, operational transformation, payments, mergers and bank restructuring. He has worked extensively with major banks to help them execute global programmes as they deal with the challenges of a fast changing global market, particularly in response to the Euro crisis and the changing regulatory agenda. He has worked with clients across Europe, the United States and Asia Pacific. Jeremy is a Commissioner of the UK Commission for Employment and Skills and is a former Chairman of the UK National Employment Panel. He was awarded a CBE in 2005 for his services to employment.

Panellists
Ruben Aganbegyan , Chairman of the Supervisory Board, Bank Otkritie Financial Corporation; Member of the Board of Directors, Otkritie Holding
Elizabeth Altman , Assistant Professor of Strategic Management, University of Massachusetts Lowell
Olga Dergunova , Chairman of the Management Board, VTB Bank
Sergey Solonin , General Director, FINTECH Association
Sean Foley , Worldwide Financial Services Chief Technical Officer, Microsoft
Oliver Hughes , Chairman of the Management Board, Tinkoff Bank

Ruben Aganbegyan

Chairman of the Supervisory Board, Bank Otkritie Financial Corporation; Member of the Board of Directors, Otkritie Holding

Prior to joining Otkritie, Mr. Aganbegyan had served as head of the Moscow Exchange since September 2010. Under his watch, Russia’s two biggest exchanges – the MICEX and the RTS – completed a merger that resulted in the establishment of a market institution that has become a global trading centre. From 2003 to 2010, Mr. Aganbegyan managed the Russian business of Renaissance Capital Investment Company, where he was responsible for expanding and strengthening relations with key clients as well as public and government relations. From 2002to 2003, he served as the managing director for project financing at Troika Dialog Investment Company, where he managed the company’s investment and banking affairs. From 1997 to 2002, he was the co-chairman of Credit Suisse First Boston in Russia. In the 1990s, he worked at the companies PricewaterhouseCoopers, Clifford Chance and Credit Suisse Financial Products (Moscow). Mr. Aganbegyan graduated from Moscow State Law Academy in 1995.

Elizabeth Altman

Assistant Professor of Strategic Management, University of Massachusetts Lowell

• Elizabeth J. Altman is a professor at the Manning School of Business at the University of Massachusetts Lowell, and a visiting scholar at the Harvard Business School. • Dr. Altman teaches the UMass Lowell capstone graduate MBA Strategy class and a doctoral seminar on organization theory. She also recently developed a new MBA elective titled, “Strategy and Innovation in the Digital Economy.” • Dr. Altman’s research includes: managing innovation, platform businesses and ecosystems, leadership in the digital economy, and organizational change. • Dr. Altman worked for 18 years at Motorola serving in various worldwide leadership and executive roles, including 9 years as a vice president of strategy & business development. During her Motorola career, Altman held positions in industrial design, product development engineering, manufacturing, marketing, strategy, and business development. • Altman consults for multi-national clients on strategy and platform businesses and has served on corporate and non-profit boards of directors. • Altman holds a Doctorate in Business Administration from the Harvard Business School, a Master’s of Science in Mechanical Engineering and a Master’s of Science in Management both from the Massachusetts Institute of Technology, and a Bachelor’s of Science in Mechanical Engineering from Cornell University where she has served on the Board of Trustees. • Altman was named one of Boston Magazine's “Top 100 Most Influential Women in Boston,” and one of the Boston Business Journal’s “40 Under 40” top business and community leaders. • Altman is a lifetime member of the Council on Foreign Relations.

Sergey Solonin

General Director, FINTECH Association

Sergey Solonin was born on November 28, 1973 in Moscow. Currently he holds positions of CEO of The FinTech Association, co-head of the working group FINNET (Agency for Strategic Initiatives), CEO of QIWI Group. Mr. Solonin has been actively participating in the financial and technological development of Russia, occupying key positions in organizations whose activities are aimed at creating and maintaining a high-tech environment for the functioning of business and government institutions. Also his activity focuses on the development of new educational initiatives and institutions in Russia, providing systematic investment support for federal projects in the development of modern alternative education. For example, Mr. Solonin is a co-investor of the Creative Thinking School of ICRA, the British Higher School of Design, the Moscow Film School, the School of computer technologies — Scream School, the MARCH Architectural School, and the founder of the Center for the Promotion of Innovations in Education. Education: 1996 - Finance University under the Government of the Russian Federation, majoring in Finance and Credit. 2012 - certificate of completion of the Stanford Executive Program. Career: 1998 - Chairman of the Board of Directors, shareholder of the Investment and Banking Group "Russian Investment Club". 2004 to present - shareholder, member of the Board of Directors of QIWI Group. 2012 to present - CEO of QIWI Group, shareholder. 2017 to present - General Director of the FinTech Association. He is married with 5 children.

Sean Foley

Worldwide Financial Services Chief Technical Officer, Microsoft

Sean Foley is the Chief Technology Officer for Microsoft’s Worldwide Financial Services organization. He leads technology strategy across the Banking, Capital Markets and Insurance industries and is a trusted advisor to many of Microsoft’s largest Financial Services customers on their technology direction. Sean has a specific focus on Cloud Computing, Big Data and Artificial Intelligence and has worked with Microsoft’s largest banking customers, financial regulators and engineering groups to put in place the appropriate capabilities for banks and insurance companies to leverage cloud-based technologies in a heavily regulated industry. Before joining Microsoft in 2005, Sean was Chief Technology Officer for Cognotec (now part of First Derivatives) where he led the development and rollout of FX trading platforms used by over 40 of the top global banks. Sean holds an MBA from University College Dublin, Ireland and a B.Sc. in Computer Science from Trinity College Dublin.

Oliver Hughes

Chairman of the Management Board, Tinkoff Bank

Oliver Hughes joined the Tinkoff team at the start of the project in 2007 as the company's CEO, and has been Chairman of the Management Board of Tinkoff Bank since 2011. Oliver's previous career includes 10 years with Visa International (including a role as Head of Visa in Russia in 2005–2007). Before that, he worked for Reebok and Shell UK, and had a spell in the academic sphere (British Library). Oliver received his education and various work experience in the UK, France and Russia. He holds Master’s degrees from City University, London (Information Science and Technology) and the University of Leeds (International Relations), and a First Class Bachelor’s degree from the University of Sussex (Russian and French languages and history).