Programme

The global economy has more than doubled in size since 2000, reaching a peak of USD 78.6 trillion in 2014, and the World Bank is projecting 3.5% growth for 2017. Can stable growth be maintained under the current conditions, or should there be a shift in emphasis towards sustainable development, giving priority to long-term social and ecological aspects? Is it possible to have inclusive growth in the future? What might be the impact of deceleration and, in some sectors, outright reversal of globalization? How might the major global economies adjust their investment strategies? And how should business adjust to shifting sentiments for economic security?

Moderator:
Erik Schatzker , Anchor, Editor-at-Large, Bloomberg Television

Erik Schatzker

Anchor, Editor-at-Large, Bloomberg Television

Erik Schatzker is an anchor and editor-at-large at Bloomberg Television, where he hosts "Market Makers," airing from 10-12pm ET, alongside co-host Stephanie Ruhle. Each day on "Market Makers," Schatzker provides insight on the companies and stories moving the markets and brings interviews with top names in finance. With nearly two decades of experience as a financial journalist in the U.S., Canada, Europe, South America and the Middle East, Schatzker regularly speaks with Wall Street's most powerful executives and the top money managers from around the world. He's interviewed Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO James Gorman, Citigroup CEO Vikram Pandit, BlackRock's Larry Fink, private equity magnates Steve Schwarzman and David Rubenstein as well as fund managers Jim Chanos and George Soros. Schatzker also reports live from the World Economic Forum in Davos, Switzerland. Prior to joining Bloomberg Television in 2007, Schatzker led Bloomberg's print coverage of financial services in the Americas. Schatzker began his career with the South Pacific Mail in Santiago, Chile. He served as a correspondent in Santiago and Toronto for Knight-Ridder Financial/Bridge News before starting with Bloomberg as a technology reporter in 1998. Schatzker's past positions with Bloomberg include Toronto Bureau Chief and Senior Writer for Bloomberg Markets magazine. Schatzker earned a bachelor's degree in history from the University of Toronto. He is based in New York City.

Panellists:
Arundhati Bhattacharya , Chairman of the Board of Directors, State Bank of India
Kristalina Georgieva , Chief Executive Officer, World Bank Group
Oleg Deripaska , President, Member of the Board of Directors, RUSAL
Eric Dugelay , Partner, Global Leader, Sustainability Services, Deloitte
Elvira Nabiullina , Governor, Central Bank of the Russian Federation
Anton Siluanov , Finance Minister of the Russian Federation

Arundhati Bhattacharya

Chairman of the Board of Directors, State Bank of India

Arundhati Bhattacharya, Chairman, State Bank of India, has more than 39 years of rich experience in India’s financial sector working across varied roles and diverse national & international locations. Being the first-ever woman Chairman of SBI, a Fortune 500 company, she has stamped her imprint in the financial world not just in India but globally as well. Bhattacharya has expertise and deep understanding of all aspects of banking spanning credit, forex, treasury, retail operations, mergers and acquisitions besides the capital & bond markets. Ranked 26th in the fourth edition of Fortune’s World 50 Greatest Leaders list, she is the only Indian corporate leader to be featured in the list. Her interests include reading and travel. She is also associated with various initiatives and institutions for empowering the challenged and differently abled with the aim of integrating them in the society.

Kristalina Georgieva

Chief Executive Officer, World Bank Group

Kristalina Georgieva is the Chief Executive Officer for the World Bank (International Bank for Reconstruction and Development and the International Development Association). Georgieva’s role is to build support across the international community to help mobilize resources for poor and middle-income countries and develop more effective solutions for the poor at the scale required. Previously, Georgieva, a Bulgarian national, helped shape the agenda of the European Union, first as Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, managing one of the world's largest humanitarian aid budgets, and later as Vice President for Budget and Human Resources, in charge of the European Union's €161 billion (US $175bn) budget and 33,000 staff around the world. Before joining the European Commission, Georgieva held multiple positions at the World Bank, including, most recently, Vice President and Corporate Secretary (2008-2010), and from 2007 to 2008, Director for Sustainable Development in charge of 60 percent of the World Bank’s policy and lending operations.

Oleg Deripaska

President, Member of the Board of Directors, RUSAL

Oleg Deripaska was appointed as RUSAL’s President in November 2014. He oversees new development strategies for the Company. Since January 2009 Oleg Deripaska was Chief Executive Officer of UC RUSAL. In 1997, Mr Deripaska, then Director General of the Sayanogorsk aluminium smelter, created Russia’s first vertically integrated company – Siberian Aluminium (in 2001 renamed Basic Element) that later incorporated a number of Russia’s leading aluminium production facilities. In 2000, Siberian Aluminium became one of the world’s top ten aluminium producers.. Between 2000 and 2003, Mr Deripaska was Director General of RUSAL, which was created through the merger of Siberian Aluminium and Sibneft’s aluminium and alumina assets. In 2007, Russia’s RUSAL and SUAL and Swiss Glencore merged to create United Company RUSAL, the world’s largest producer of aluminium. In 2009, the year of global economic recession, Oleg Deripaska once again stepped in to head up RUSAL. Mr Deripaska graduated Summa Cum Laude from the Physics Department of Moscow State University and later received a degree from the Plekhanov Academy of Economics. Oleg Deripaska is Vice President of the Russian Union of Industrialists and Entrepreneurs, Chairman of the Executive Board of the Russian National Committee and a member of the Competitiveness and Entrepreneurship Council which is a Russian Government Agency. He also serves on the Boards of Trustees of the National Science Support Foundation, the Bolshoi Theatre and the Schools of Business Administration of the Moscow and St. Petersburg State Universities. In 2004, Russia’s President Vladimir Putin appointed Oleg Deripaska as Russia’s Representative in the Asia-Pacific Economic Cooperation Business Advisory Council. In 2007, he was appointed Chairman of the Council’s Branch in Russia. In 1999, Mr Deripaska was awarded with the Order of Friendship. In 1999, 2006 and 2007 he was named «Businessman of the Year» by the Russian leading business daily Vedomosti. He was also named the Industry Ambassador of the Year at 2013 Metal Bulletin Global Aluminium Award for Excellence.

Eric Dugelay

Partner, Global Leader, Sustainability Services, Deloitte

Eric Dugelay, a partner with Deloitte since 2001, is Deloitte’s Global Leader for Sustainability Services. He was the Europe, Middle East & Africa Sustainability services leader during the years 2007-2013 and has been France Sustainability Services leader between 2001 and 2012. He was in charge of Risk management, Internal Audit and Internal Control Services for Deloitte France and North Africa between 2001 and 2010. He was a member of Deloitte Global China Services Group in charge of the China Desk of Deloitte France and North Africa between 2004 and 2011. Eric is Deloitte Liaison Delegate at the World Business Council for Sustainable Development. Since 2014, he is seconded for 20% of his time at the WBCSD as a Director, leading a project on assurance on non-financial information, then a strategic assignment within the Social Impact team. Since 2015, Eric is also a member of the Board of Director of the Global Reporting Initiative (GRI). Since April 2016, Eric is a member of the Task force on Climate related Financial Disclosures (TCFD) of the Financial Stability Board (FSB). Eric earnt an MBA at INSEAD and holds a Master of sciences-engineering from SUPELEC (Ecole Supérieure d’Electricité), a Bachelor of Arts in Chinese studies from the INALCO (Institut National des langues et Civilisations Orientales) and several certifications in audit and GHG emissions reporting.

Elvira Nabiullina

Governor, Central Bank of the Russian Federation

Education: 1986: Graduated from the Economics Faculty of the M.V. Lomonosov Moscow State University. 1991–1992: Chief specialist in the Directorate on Economic Reform of the Standing Committee of the USSR Scientific and Industrial Union Board, Moscow. 1992–1994: Chief specialist, consultant for the Directorate of the Russian Union of Industrialists and Entrepreneurs on Economic Policy Issues. 1994–1994: Adviser at the Expert Institute of the Russian Union of Industrialists and Entrepreneurs. 1994–1995: Deputy Head of the Economic Reform Department — Head of the Division for State Regulation of Economy of the Russian Federation Ministry of Economy. 1995–1996: Deputy Head of the Economic Reform Department of the Russian Federation Ministry of Economy. 1996–1997: Head of the Economic Reform Department of the Russian Federation Ministry of Economy, member of the Ministry’s Board. 1997–1998: Deputy Minister of Economy. 1998–1999: Deputy Chairperson of the Promtorgbank Board. 1999–1999: Executive Director of the Eurasian Ratings Service. 1999–2000: Vice President of the Centre for Strategic Research Foundation. 2000–2003: First Deputy Minister of Economic Development and Trade of the Russian Federation. 2003–2005: President of the Centre for Strategic Research Foundation. 2005–2007: Head of the Expert Council of the Organising Committee for Russia’s Presidency of the G-8 in 2006, Head of Research at the Centre for Strategic Research. On September 24, 2007, appointed Minister of Economic Development and Trade of the Russian Federation. From May 12, 2008: Minister of Economic Development of the Russian Federation. May 2012—June 2013: Aide to the President of the Russian Federation. From June 2013: Governor of the Bank of Russia. Member of the Bank of Russia Board of Directors according to Article 15 of the Federal Law “On the Central Bank of the Russian Federation (Bank of Russia)”. On the allocation of duties between the Bank of Russia Governor and Deputy Governors.

Anton Siluanov

Finance Minister of the Russian Federation

Born April 12, 1963 in Moscow. Education: Higher. D. Sc. (Economics) Speaks German 1985: Graduated from Moscow Finance Institute specialising in Finances and Credit. 08.1985–03.1987 – RSFSR Ministry of Finance, economist, senior economist. 03.1987–05.1989 – Served in the Soviet Army. 05.1989–01.1992 – RSFSR Ministry of Finance, leading economist, category 1 economist, leading economist, deputy head of subdepartment, consultant. 02.1992–02.1992 – Ministry of Economics and Finance of the Russian Federation, deputy head of department. 02.1992–10.1997 – Ministry of Finance of the Russian Federation, deputy head of Budget Management Department, head of department, deputy head of Budget Department. 10.1997–07.2003 – Ministry of Finance of the Russian Federation, head of Macroeconomic Policy and Banking Department; from 22.03.2001 member of the Ministry of Finance Board. 07.2003–05.2004 – Deputy Minister of Finance of the Russian Federation. 05.2004–12.2005 – Director of Inter-budgetary Relations Department. 12.2005–09.2011 – Deputy Minister of Finance of the Russian Federation. 09.2011–12.2011 – Acting Minister of Finance of the Russian Federation. Since 12.2011 – Minister of Finance of the Russian Federation. 2001 – awarded certificate of merit of the Ministry of Finance of the Russian Federation. 2002 – received Gratitude of the President of the Russian Federation. 2002 – received Gratitude of the Ministry of Finance of the Russian Federation. 2013 – received order “For services to the Homeland” Grade III.