ISTANBUL 2013 - Center for Economic and Social Developmentcesd.az/new/wp-content/uploads/2013/05/EBRD_am13... · 2015. 3. 14. · EBRD B USINESS FoRUm AT ThE TwENTy-SEC oND ANNUAL

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E B R D B U S I N E S S F o R U m A T T h E T w E N Ty - S E C o N D A N N U A L m E E T I N g o F T h E E B R D B o A R D o F g o v E R N o R S I N N o v A T I N g F o R g R o w T h I S T A N B U L , T U R K E y 1 0–1 1 m A y 2 01 3

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It gives me great pleasure to welcome you to Istanbul, the largest city in Turkey and the country’s economic, cultural and historic heart. This dynamic metropolis, at the geographic crossroads of Europe, the Middle East and Asia, has occupied a significant place throughout history, from ancient times to the modern day.

The vitality and industriousness of the city are the perfect backdrop for the EBRD Business Forum – a platform for exchanging views and, no less importantly, an opportunity to forge business, investment and commercial contacts. Innovating for Growth is the overarching theme of this year’s Business Forum, a timely and apt phrase to characterise the focus of our discussions in Istanbul.

In the wake of the severe contraction which shook countries around the globe just a few years ago, crisis, volatility and anaemic growth continue to bedevil policy-makers and investors alike. Business Forum panels will look at the factors necessary for sustainable growth to take hold. We will examine investment in technology and innovation across the region, take a look at capital markets and analyse the changing regulatory environment, as well as financial and legal reform. We will also consider drivers of growth, such as investment in infrastructure, energy efficiency and diversification of energy supply.

Investment Outlook sessions will be devoted to a number of EBRD countries of operations – your chance to learn more about the business climate and investment prospects from policy-makers and businesspeople. There will be three sessions focused specifically on Turkey, a country in which EBRD investment has increased significantly over the past few years.

Historic, rapid change continues to unfold in the southern and eastern Mediterranean. This year, we will incorporate many of the issues confronting Egypt, Jordan, Morocco and Tunisia, the EBRD’s potential recipient countries, into our discussion panels.

The Business Forum has been organised around the issues of the day – yet you will have ample time to seek out important business contacts. We have made networking and social events part and parcel of your experience in Turkey, a good chance for you to meet the many business executives, investors, policy-makers and officials who attend.

The EBRD would like to express its gratitude to the Turkish authorities for hosting the Annual Meeting of the Board of Governors and Business Forum in Istanbul. Turkish hospitality is legendary and I have no doubt that you will have a chance to experience the warmth and vitality of the people who help to make this such an unforgettable city.

Enzo Quattrociocche Secretary General, EBRD

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“BUSINESS FoRUm pANELS w I L L LooK AT ThE F A C ToRS NECESS ARy F oR SUSTA INABLE gRowTh To TAKE hoLD.”

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09Associated Events

04The Venue

C o N T E N T S

ThE BUS INESS F oRUm hA S BEEN oRg AN ISED ARoUND ThE I SSUES oF ThE DAy – y E T yoU w I L L hAvE AmpLE T ImE To SEEK oUT ImpoRTANT BUS INESS CoNTA CTS .

wE hAvE mADE NETwoRKINg AND SoC I A L EvENTS pART AND pARCEL oF yoUR E xpER I ENCE IN TURKEy.

For continuous updated programme information visit: www.ebrd.com/am or download MyEBRD app.

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11Twenty-Second Annual Meeting of the EBRD Board of Governors

16Discussion Panels

12Business Forum Overview

29Investment Outlook Sessions

35Host Country Investment Outlook: Focus on Turkey

40General Information and Contacts

22Events Schedule

B O S P H O R U S

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G A L A T A

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Bosphorus Bridge

Atatürk Brid

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Galata Brid

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SüleymaniyeMosque

BlueMosque

BeyazitMosque

Grand Bazaar Basilica Cistern

Serpent Column

Gülhane Park

Maçka Park

IstanbulModern

DolmabahçeClock Tower

Çırağan Palace

DolmabahçePalace

Taksim SquareTaksim

Kabataş

Osmanbey

Istiklal Avenue

GalataTower

Yıldız Park

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Concert Hall

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Lufti Kirdar

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T h E C A m p U SMost events are taking place at the Istanbul Congress Center (ICC). The Reception for all Participants will take place at the Ciragan Palace and the farewell networking lunch will be held in the Rumeli Terrace at Lufti Kirdar.

Registration is located in the Marquee outside the ICC.

g E T T I N g A R o U N DA shuttle bus service for Annual Meeting participants is provided to and from the airport and official hotels. Shuttle buses will also take participants to the Annual Meeting venue from official hotels: timetables and routes will be made available at the airport on arrival and at the Annual Meeting hotel lounges.

The nearest underground stations to the venue within a 10-minute walking distance are Taksim Gezi Park and Osmanbey.

Other transport options (bus and metrobus) can be accessed at Taksim Square just 15-minute walk from the ICC. The closest taxi rank is located at the end of the private road near the theatre and Lufti Kirdar.

h o T E L K E y

Hilton Hotel

Grand Hyatt Hotel

Ceylan Intercontinental Hotel

Hotel Ramada Plaza

The Marmara Taksim Hotel

Hilton ParkSA Hotel

Titanic City Hotel

Larespark Hotel

Point Hotel Taksim

ThE v I TA L I T y AND INDUSTR IoUSNESS oF I STANBUL ARE ThE pERFECT B A CKDRop F oR ThE EBRD BUS INESS F oRUm

g E N E R A L K E y

Metro

Point of interest

T h E C A m p U S

First AidRoom

Official Documents & Governors’ Written Statements

EBRD PublicationsMyEBRD Desk

EBRDInformationDesk

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P R E S S F I L I N G C E N T R E

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T h E v E N U E

A N o v E R v I E w o F T h E m A I N E v E N T S L E v E L ( B 2 )

The full events schedule can be found on pages 22–23 Or visit: www.ebrd.com/am

First AidRoom

Official Documents & Governors’ Written Statements

EBRD PublicationsMyEBRD Desk

EBRDInformationDesk

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C A M L I C A



B E Y A Z I T H A L L


N E T W O R K I N G A R E A



P R E S S F I L I N G C E N T R E

H A M I D I Y E

C A S H R E F R E S H M E N T B A R

A U D I T O R I U M

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ThE I STANBUL CoNgRESS CENTER I S A CULTUR AL AND ART I ST I C mEET INg po INT w I Th I TS CENTR AL LoC AT IoN IN I STANBUL

I N T E R N E T C A F ÉTwo Internet Cafés are located on Level B1 and Level B2. The PCs provide internet access as well as access to MyEBRD portal, our networking tool.

E B R D U p D A T EFor the latest Business Forum updates on events and speakers, look out for EBRDupdate, the on-site newsletter distributed in all venues and available through MyEBRD mobile app.

F o o D A N D D R I N KSnacks and drinks will be available at the Cash Refreshment Bars on Level B1 and Level B2.

Networking breakfasts will be available on Level B2, networking lunch on Level B1 and farewell networking lunch on the Rumeli Terrace at Lufti Kirdar.

w I F I N E T w o R K A C C E S SA wireless network is available throughout the venue, inclusive of the Registration Area Marquee.

To connect, business guests should follow these four simple steps:

1. On your laptop or your mobile device, select the network: EBRD AM GUESTS

2. When prompted, enter the password: 58275664

3. Your browser will direct you to a pop-up window, enter the username: EBRD

4. Then finally, in the same pop-up window, enter the password: AM2013

Press should access EBRD AM PRESS network by following the directions and access code provided inside the participants’ bags. For more information please visit the Press Unit Information Desk.

E v E N T R o o m S

Level B1 Tophane Hall

Level B2 Auditorium Beyazit Hall Beylerbeyi Hall 1 Beylerbeyi Hall 2 Camlica Emirgan Hall 1 Emirgan Hall 2 Hamidiye Uskudar Hall 2

Level B3 Auditorium

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U N I C R E D I T S E S S I o N C E E L E N D I N g g R o w T h : D o E S S U p p Ly m E E T D E m A N D ?

Moderator Aurelio Maccario, Head of Strategic Planning, UniCredit

Panellists Gianfranco Bisagni, Head of CEE Corporate and Investment Banking, UniCredit

Mario Holzner, Staff Economist, Vienna Institute for International Economic Studies

Doris Ritzberger-Grunwald, Head of Foreign Research Division at Oesterreichische Nationalbank

Sponsored by

“how C AN ThE REL AT IoNSh Ip w I Th I F I S oN SmE IN I T I AT I vES BE DEvELopED FURThER…”

C A R B o N N E U T R A L I N I T I A T I v E ThE EBRD SUppoRTS SUSTA INABLE E N E R g y A N D C A R B o N m A R K E T D E v E L o p m E N T I N T U R K E y , A CoNS IDER AT IoN F oR A L L I TS p R oj E C T S I N E v E R y S E C T o R

To offset the carbon emissions produced by holding the Annual Meeting and Business Forum in Istanbul, the EBRD will be purchasing the event’s carbon emissions equivalent in carbon credits from a sustainable energy project in Turkey.

The approach has been certified under the Sifirkarbon principles, which are an emerging Turkish standard for climate neutrality. The SifirKarbon principles have been established by a broad group of stakeholders, including the Turkish government, business and civil society. By ensuring that its Annual Meeting and Business Forum are SifirKarbon compliant, the EBRD promotes climate change awareness, the use of carbon market instruments and increased investments in the transition to a low carbon economy. The EBRD hopes to attract the interest of Turkish and international investors in these efforts.

Friday 10 May 13:30–14:30 Beylerbeyi Hall 2, Level B2

Governments, banks and IFIs play altogether an important role in boosting economic growth. From the banks’ perspective it is crucial to get closer to client’s needs. Addressing specific financing needs of small and medium-sized enterprises or developing mobile and internet banking will pave the way for economic growth as well as for improving living standards. How fast and how far can we go in developing “innovative” products in CEE? How can the relationship with IFIs on SME initiatives be developed further to make an even bigger impact? These are some of the questions that UniCredit will try to answer.

The EBRD Annual Meeting and Business Forum will be certified as “Sifirkarbon” by Escarus.

The EBRD would like to acknowledge Escarus, a Turkish consulting firm that has helped us to gather and calculate the necessary data.

For further information visit: www.ebrd.com/am

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A S S o C I A T E D E v E N T S


Trade Facilitation Programme

Thursday 9 May 14:00–18:30 Uskudar Hall 2, Level B2 Award Ceremony and Reception 17:00–18:30

As in previous years, EBRD’s Trade Facilitation Programme (TFP) is inviting its members and everyone interested in the topic of international and intra-regional trade finance banking to attend the annual TFP event within the framework of the Annual Meeting.

TFP currently includes over 102 Issuing Banks in the EBRD region and more than 800 Confirming Banks worldwide. In the last three years, the Programme provided essential support to its members and secured growing cross-border trade finance flows as well as local financing of export-import transactions and factoring in the volatile financial market environment.

This year’s half-day event will offer a unique opportunity to review and discuss contemporary trade finance banking topics and share know-how including statistics, trends, and specifics through presentations by professional trade finance bankers and specialists. Amongst the topics to be presented are recent developments in trade finance facilitation, intra-regional trade including between SEE, CIS and Turkey as well as SEMED countries, and technical cooperation projects.

The event will also provide the stage for signing agreements with banks that have recently joined and will host an award ceremony for the most active TFP banks of 2012.

By invitation only.

Sustainability Report Launch and the EBRD Sustainability Awards

Thursday 9 May 15:30–17:00 Beylerbeyi Hall 2, Level B2 Drinks Reception 17:00–18:00

The EBRD Sustainability Report 2012 focuses on a range of sustainability issues including climate change and energy, food security and water. It highlights the continued progress the Bank and its clients have made in protecting the environment and responding to social issues even in challenging economic times. Following the introduction and presentation of the report the Bank will hold its annual awards ceremony to recognise the exemplary achievements and progress made by Bank clients in addressing environmental, social and climate change issues in their business and investment activities.

After the release of the report and the presentation of the awards, there will be a drinks reception to which all attendees are invited.

This event is open to all participants.

Markets, Democracy, Transition and Growth

Thursday 9 May 09:00–17:30 Beylerbeyi Hall 1, Level B2

Where do we stand in democratic and market reforms after twenty years of transition in central and eastern Europe and Eurasia? What can we learn from other parts of the world about the nexus of political and economic change? As the EBRD extends its operations into the southern and eastern Mediterranean region (SEMED), understanding political economy of transition becomes crucial. Political challenges increasingly need to be confronted along with finding innovative ways to keep economies growing. Long-term success will depend on countries’ ability to diversify sources of growth, create equality of opportunity and introduce reforms for an innovation and skill-based economy.

This event brings together distinguished policy-makers and academics on political economy, institutions and economic growth to discuss the challenges and opportunities for transition.

By invitation only.

2014 Annual Meeting& Business ForumWe look forward to welcoming you on 16 & 17 May next year in Warsaw, Poland

www.ebrd.com/am

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The Opening Session of the Board of Governors will be streamed live on: www.ebrd.com/am

T w E N Ty - S E C o N D A N N U A L m E E T I N g o F T h E

E B R D B o A R D o F g o v E R N o R SThe Board of Governors’ Sessions will take place on Friday 10 and Saturday 11 May and will be chaired by Mr Kalin Hristov, EBRD Governor and Minister of Finance of Bulgaria.

The official programme will begin with the Opening Session with statements by the Chair of the Board of Governors, the EBRD President and the Deputy Prime Minister of Turkey. This will be followed by addresses given by the respective Heads of State/Government of the SEMED countries, Egypt, Jordan, Morocco and Tunisia. The morning session will conclude with a speech by the Prime Minister of Turkey.

The Opening Session, commencing at 10:30 and finishing at 12:30, will be open to all Annual Meeting participants. Those wishing to attend should arrive at the Auditorium before doors close at 10:20.

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2 01 3 E B R D B U S I N E S S F o R U m o v E R v I E w I N N o v A T I N g F o R g R o w T h

T h E T w o - D A y B U S I N E S S F o R U m p R o g R A m m E w I L L o F F E R :

Business guests access the WIFI network by joining ‘EBRD AM GUESTS’, following the directions and access code provided on page 07, inside the participants’ bags and displayed on signs around the venue. For more information please visit the Information Desk.

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Press Briefings take place on both days of the Business Forum. Further information can be obtained at the Press Filing Centre located on Level B2.

WIFI Network Access A wireless network is available throughout the venue, inclusive of the Registration Area Marquee.

Ten Investment Outlook Sessions feature the latest data and investment opportunities and challenges in EBRD countries of operations.

Numerous networking and social events allow participants to share information and lessons learnt with others from across the EBRD region of operations.

Three Host Country Investment Outlook Sessions focused on Turkey will provide a platform for participants to learn more about a range of business and investment opportunities in the country.

Nine Discussion Panels explore how innovation in different business sectors can produce sustainable growth.

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A STORY OF GROWTHAND SOUND INVESTMENT

Akfen Holding is one of Turkey’s top infrastructure investment holdings that invests in, manages and coordinates its subsidiaries and affiliates active in industries such as airport management and operations, construction, port operations, maritime transportation, water distribution and waste water services, energy and real estate.

www.akfen.com.tr

TAV Airports (8.12%)-Leading airport operator in Turkey (49% market share)-12 airports and 6 main supporting companies, operating 6 countries

Akfen REIT (56.1%)-Develops 3-4 star city hotels in Turkey, Russia and a 5 star hotel in N. Cyprus-Strategic alliance with Accor-18 hotels in its portfolio

Akfen Water (50%)-1st and only private water concession operator in Turkey-50/50 JV with Kardan

Mersin International Port (8.12%)-2nd largest container port in Turkey, 1st export/import port-Fast developing hinterland in Southern Turkey-50/50 JV with PSA

Istanbul Fast Ferries - IDO (30%)-Leading sea transportation business-JV with Souter Investments, Tepe and Sera--Transported 51mn passengers and 8mn vehicles in 2012

Akfen Construction (100%)TAV Investment (21.67%)Akfen Construction: ‘In-House’ construction company, building mainly power plants and hotelsTTAV Investment: 4th largest airport constructor, finished projects US$2.8bn as of 2012 backlog US$2.6bn

Akfen Energy (69.5%)HEPP Group(100%)-Focused on renewable hydro energy-370 MW total installed capacity-12 ope-12 operational run-river type hydro PPs 159 MW installed capacity-Mersin Natural Gas PP (1,150MW) under development

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R E C E p T I o N F o R A L L p A R T I C I p A N T SFriday 10 May 19:00 onwards Ciragan Palace, Ciragan Caddesi 32, 34349, Istanbul

Hosted by the Turkish Authorities, the Reception will provide an excellent opportunity to network with Annual Meeting participants. The occasion will feature an authentic Turkish musical performance and a sumptuous buffet in the surroundings of a genuine Ottoman Palace situated on the shores of the magnificent Bosphorus.

N E T w o R K I N g B R E A K F A S TFriday 10 May 08:30–09:00 Uskudar Hall 2, Level B2

All guests are cordially invited to the networking breakfast. The breakfast will be followed by the Innovation, Diversification and Growth discussion panel. A seated continental breakfast will be served.

N E T w o R K I N g L U N C hFriday 10 May 12:30–13:30 Food Court, Level B1

A networking opportunity open to all participants. A buffet lunch will be offered.

Sponsored by

F A R E w E L L N E T w o R K I N g L U N C hSaturday 11 May 13:00–14:30 Rumeli Terrace, Lutfi Kirdar (ICEC)

All participants will have the opportunity to enjoy the beautiful view from the Rumeli Terrace (outside the ICC) and to network at the buffet lunch that will be offered.

N E T w o R K I N g B R E A K F A S TSaturday 11 May 08:30–09:00 Emirgan Hall 1, Level B2

All guests are cordially invited to the networking breakfast. The breakfast will be followed by the discussion panel, Sustainable Energy and Growth: Turkey’s Experience. A seated continental breakfast will be served.

N E T w o R K I N g E v E N T S


A STORY OF GROWTHAND SOUND INVESTMENT

Akfen Holding is one of Turkey’s top infrastructure investment holdings that invests in, manages and coordinates its subsidiaries and affiliates active in industries such as airport management and operations, construction, port operations, maritime transportation, water distribution and waste water services, energy and real estate.

www.akfen.com.tr

TAV Airports (8.12%)-Leading airport operator in Turkey (49% market share)-12 airports and 6 main supporting companies, operating 6 countries

Akfen REIT (56.1%)-Develops 3-4 star city hotels in Turkey, Russia and a 5 star hotel in N. Cyprus-Strategic alliance with Accor-18 hotels in its portfolio

Akfen Water (50%)-1st and only private water concession operator in Turkey-50/50 JV with Kardan

Mersin International Port (8.12%)-2nd largest container port in Turkey, 1st export/import port-Fast developing hinterland in Southern Turkey-50/50 JV with PSA

Istanbul Fast Ferries - IDO (30%)-Leading sea transportation business-JV with Souter Investments, Tepe and Sera--Transported 51mn passengers and 8mn vehicles in 2012

Akfen Construction (100%)TAV Investment (21.67%)Akfen Construction: ‘In-House’ construction company, building mainly power plants and hotelsTTAV Investment: 4th largest airport constructor, finished projects US$2.8bn as of 2012 backlog US$2.6bn

Akfen Energy (69.5%)HEPP Group(100%)-Focused on renewable hydro energy-370 MW total installed capacity-12 ope-12 operational run-river type hydro PPs 159 MW installed capacity-Mersin Natural Gas PP (1,150MW) under development

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D I S C U S S I o N p A N E L S

Innovation, Diversification and Growth

Friday 10 May 09:00–10:15 Uskudar Hall 2, Level B2

For a number of our countries of operations, economic diversification has concentrated on creating the right conditions for non-resource dependent growth. As the business climate and macro-economic framework improve, there is a rationale for increased investment in technology and innovation. For this discussion, the EBRD Banking Department and the Office of the Chief Economist (OCE) have joined forces for an examination of the conditions and policies needed to improve the climate for innovation and broad-based growth.

Moderator Erik Berglof, Chief Economist, EBRD

Panellists Laszlo Andor, European Commissioner for Employment, Social Affairs and Inclusion, European Commission

Maxine Fassberg, Vice President, Intel Technology and Manufacturing Group, General Manager, Intel Israel

Paul Hsu, President, Epoch Foundation

Hakam Kanafani, CEO, Turk Telekom Group

Alain Pilloux, Managing Director, Industry, Commerce & Agribusiness, EBRD

Seymur Tari, CEO, Turven, Private Equity Group

Interpretation available English and Russian

Live online streaming available www.ebrd.com/am

Supporting Growth amidst Austerity: IFIs Work Together

Friday 10 May 13:30–14:30 Emirgan Hall 1, Level B2

Presidents Chakrabarti (EBRD) and Hoyer (EIB) together with IFC Vice President Tsitsiragos (World Bank Group), will report on the progress of the Joint IFI Action Plan for Growth in central and south-eastern Europe. They will be joined by prominent policy-makers from the region for a discussion of how to move the reform process forward to support growth and recovery.

Moderator Jonathan Charles, Director of Communications, EBRD

Panellists Suma Chakrabarti, President, EBRD

Werner Hoyer, President, EIB

Miodrag Kostic, President and CEO, MK Group

HE Zoran Stavreski, Deputy Prime Minister and Minister of Finance, F YR Macedonia

Dimitris Tsitsiragos, IFC Vice President, World Bank Group

Rolf Wenzel, Governor of the Council of Europe Development Bank



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Capital Markets and the Changing Regulatory Environment

Friday 10 May 14:30–16:00 Uskudar Hall 2, Level B2 Reception 16:00–17:00 Hamidiye Room, Level B2

Regulators across the globe have proposed a raft of new regulations in response to the financial crisis. These include changes to the organisation of derivatives markets, amendments to capital adequacy calculations, proposals for greater transparency for financial instruments, as well as limitations on trading activities. These myriad proposals have focused predominantly on major market centres and systemic banks, with little attention paid to the consequences for transition economies. This discussion will address the impact of regulations on the development of local capital markets, product innovation and economic growth.

All participants are invited to an afternoon reception following the Discussion Panel.

Moderator Ralph Atkins, Capital Markets Editor, Financial Times

Panellists George Handjinicolaou, Deputy CEO, ISDA

Andre Kuusvek, Local Currency and Capital Markets Development and Director, Ukraine, EBRD

Gianni Franco Papa, Head of CEE Division, UniCredit

Bryan Pascoe, Managing Director, Global Head of Debt Capital Markets, HSBC

Ibrahim Turhan, Chairman and CEO, Borsa Istanbul



“ECoNomIC D I vERS I F I C AT IoN hA S CoNCENTR ATED oN CREAT INg ThE R IghT CoND IT IoNS F oR NoN -RESoURCE DEpENDENT gRowTh.”

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Energy Security: Bridging the Gap between Europe and the Caspian Region


The diversification of supply and natural gas delivery routes is key to European energy security and growth. Turkey is ideally positioned to act as a bridge between major producing countries in the Caspian region and Europe. At the same time, it has the potential to transform itself into an important energy hub. This panel will assess how the interests of the producing countries, the transportation potential of Turkey and the needs of south-eastern Europe could all be served. Financial and legal practitioners will examine the pitfalls of structuring complex international transportation projects.

Moderator Riccardo Puliti, Managing Director, Energy & Natural Resources, EBRD

Panellists Al Cook, Vice President Shah Deniz Development, BP

Reinhard Mitschek, CEO, Nabucco Gas Pipeline International GmbH

Aygen Yayikoglu, Managing Partner, Crescent Capital


Financial Law in Transition Countries: From Moscow to Casablanca

Friday 10 May 16:00–17:00 Beylerbeyi Hall 1, Level B2 Reception 17:00–17:30

Modern and efficient financial and commercial laws are crucial to support the financial sector in transition countries. As transition countries are actively encouraging the development of SME financing, bond and equity markets, the promotion of good corporate governance practice and efficient mechanisms for debt restructuring and debt enforcing, the EBRD proposes to discuss and compare the efforts and challenges of financial law reform across the entire region – from Moscow to Casablanca, via Istanbul.

Following the Discussion Panel, the new issue of EBRD’s Law in Transition, devoted to financial law reform in transition countries, will be presented and copies made available to all participants.

Moderator Frederique Dahan, Lead Counsel, Financial Law Unit, EBRD

Panellists Mohamed Ghannam, Partner, Helmy, Hamza & Partners, Members of Baker & McKenzie International

Rabii Leouifoudi, Member of the Permanent Secretariat, Commission Nationale de l’Environnement des Affaires (CNEA)

Alexander Pirozhenko, Director for Partners Network Development, Agency for Strategic Initiatives

Mete Yegin, Partner, Yegin Legal Consultancy

Interpretation available English, French and Russian

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Sustainable Energy and Growth: Turkey’s Experience

Saturday 11 May 09:00–10:00 Emirgan Hall 1, Level B2

For the last decade, the Turkish economy and demand for energy have grown rapidly, driving important steps in the promotion of energy efficiency and renewables. This panel will focus on concrete and innovative actions in support of low carbon investment and initiatives, and will bring together high-level participants from the government and the private sector. It will look at what has been successful, what remains to be done in Turkey and how to achieve the ambitious objectives set by the Government for scaling up sustainable energy in the country.

Moderator Fatih Birol, Chief Economist, International Energy Agency

Panellists Hakan Ates, CEO, Denizbank

Mete Maltepe, General Manager Turkey, GE Energy

Bernhard Raberger, CFO, Enerjisa Enerji AS

Taner Yildiz, Minister, Ministry of Energy and Natural Resources, Turkey. Tbc

Interpretation available English, Russian and Turkish

Infrastructure – Driver of Growth and Diversification

Saturday 11 May 10:00–11:30 Uskudar Hall 2, Level B2

Lack of adequate infrastructure has been hampering long-term economic growth in Turkey, with the government now focusing on an ambitious infrastructure modernisation programme to correct this. A similar situation exists in Russia where CEOs see infrastructure as a key bottleneck for the economy. This discussion will bring together major investors in Russia and Turkey for a look at how private capital can be effectively channelled into infrastructure investments in these economies.

Moderator Thomas Maier, Managing Director, Infrastructure, EBRD

Panellists Suha Gucsav, CEO, Akfen Holding

Oleg Pankratov, Head of Infrastructure Capital & Project Finance, VTB Capital

Murat Sogancioglu, Director, Infrastructure Investments and Operations, IC Holding

David Olivier Tarac, Deputy CEO, TAV Airports Holding



“L A CK oF ADEqUATE INFR A STRUCTURE hAS BEEN hAmpERINg LoNg-TERm ECoNomIC gRowTh IN TURKEy, wITh ThE govERNmENT Now F oCUS INg oN AN AmB IT IoUS INFR A STRUCTURE moDERN IS AT IoN pRogR AmmE To CoRRECT Th I S .”

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The Female Factor: Women in Business and Financial Performance

Saturday 11 May 11:30–12:45 Emirgan Hall 1, Level B2 Award Ceremony 12:45–13:15

Do women on boards and in senior management enhance company’s financial performance? This discussion aims to open the debate beyond gender equality in the corporate world, to gender diversity as a corporate performance driver. Studies have shown that greater female representation on management boards has a positive impact on the ‘bottom line’. This discussion will explore the benefits of gender diversity from a business perspective. This will be the twelfth “Women in Business” event and plans are to bring together a panel drawn from across the EBRD countries of operations to share their experiences. The discussion will be followed by an award ceremony which recognises three women from the Bank’s region of operations who have made outstanding contributions in the following categories: banking, industry and entrepreneurship.

Moderator Sally Bundock, Presenter, BBC World Business Report

Keynote Speaker Gulsum Azeri, CEO, OMV Turkey

Panellists Svetlana Balanova, General Director, IBS Company

Shermine Dajani, CEO, Panmed Energy

Gulnara Shamshieva, General Manager, Bai Tushum & Partners Microfinance Bank

Lada Tedeschi Fiorio, Vice President of the Supervisory Board, Atlantic Grupa Plc

Interpretation available English, Russian and Turkish


Bringing People into the Financial System

Saturday 11 May 11:00–12:00 Beylerbeyi Hall 1, Level B2

This panel will assess existing banking products that have helped to foster financial inclusion around the globe and in the EBRD countries of operations. The discussion will look at affected groups of people, such as remittance receivers, as well as banking products such as mobile banking and SME lending – and will cast an eye on new product ideas and innovation.

Moderator Laurie Spengler, President and CEO, ShoreBank International

Panellists Niclaus Bergmann, Managing Director, Sparkassenstiftung fur internationale Kooperation e.V.

Tilman Ehrbeck, CEO, CGAP

Abrar Mir, EVP & Group Head Branchless & eBanking, United Bank Limited

Vasily Vysokov, Chairman of the Board of Directors, OJSC Center-invest Bank



efes masali dikey A4 ilan.indd 1 17.04.2013 10:25

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Venue ICC ICC ICC ICC

Level B2 B2 B2 B2

Room Beyazit Hall Emirgan Hall 1 Emirgan Hall 2 Beylerbeyi Hall 1

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Venue ICC ICC ICC ICC

Level B2 B2 B2 B2

Room Beyazit Hall Emirgan Hall 1 Emirgan Hall 2 Beylerbeyi Hall 1

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Board of Governors’ Second Session Roundtable Discussion (by invitation only) 15:00–17:00

Board of Governors’ Third Session Governors’ Statements 09:00–11:30

Financial Law in Transition Countries: From Moscow to Casablanca 16:00–17:00

Bringing People into the Financial System 11:00–12:00

Sustainable Energy and Growth: Turkey’s Experience 09:00–10:00

Supporting Growth amidst Austerity: IFIs Work Together 13:30–14:30

Energy Security: Bridging the Gap between Europe and the Caspian Region 15:45–16:45

The Female Factor: Women in Business and Financial Performance 11:30–12:45 Award Ceremony 12:45–13:15

Ukraine 14:30–15:30

Egypt 10:15–11:15

Serbia 09:00–10:00

Kazakhstan 09:00–10:00

Civil Society Programme: Expanding Economic Opportunities and Promoting Inclusive Growth 09:00–10:00

Lithuania 13:45–14:45

Istanbul as an International Financial Centre 17:30–18:30

Equality at Work Platform: Economic Participation and Equal Access to Opportunities 17:00–18:00

Russian Federation 12:00–13:00

Networking Breakfast 08:30–09:00

Reception 17:00–17:30

E v E N T S S C h E D U L E

Friday 10 May

Saturday 11 May

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ICC ICC

B2 B2

Beylerbeyi Hall 2 Uskudar Hall 2

ICC ICC

B2 B2

Beylerbeyi Hall 2 Uskudar Hall 2

Innovation, Diversification and Growth 09:00–10:15

Reception for all Participants Friday 10 May Ciragan Palace, Ciragan Caddesi 32, 34349, Istanbul 19:00 onwards

Capital Markets Reception Friday 10 May Hamidiye Room, Level B2 16:00–17:00

Farewell Networking Lunch Saturday 11 May Rumeli Terrace Lütfi Kirdar (ICEC), Istanbul 13:00–14:30

Board of Governors’ Opening Session Addresses by SEMED Heads of State/Government Speech by Prime Minister of Turkey Friday 10 May Auditorium, Level B3 10:30–12:30

Capital Markets and the Changing Regulatory Environment 14:30–16:00

Infrastructure – Driver of Growth and Diversification 10:00–11:30

UniCredit Session CEE Lending Growth: Does Supply Meet Demand? 13:30–14:30

Kosovo 09:00–10:00

Belarus 10:30–11:30

FYR Macedonia 15:45–16:45

Montenegro 12:00–13:00

Transformation of Turkey as a Business and Investment Hub 17:30–18:30

Networking Lunch Friday 10 May Food Court, Level B1 12:30–13:30

Networking Breakfast 08:30–09:00

Board of Governors’ Opening Session

Further Networking Events

Institutional Events

Networking Events

Host Country Investment Outlook

Investment Outlook Sessions

Discussion Panels

Other Events

Forum Partner Events

Schedule Key

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N E T w o R K I N g A R E A S

I N T E R N E T C A F É STwo Internet Cafés are located on Level B1 and Level B2. The PCs provide internet access as well as access to MyEBRD portal our networking tool.

Sponsored by

I N F o R m A T I o N A N D mEET INg REqUEST DESKSStaff at the Information Desks can advise on all aspects of the Annual Meeting and Business Forum. Contact details for offices of official delegations or EBRD staff at the event can be found at the desks. Information about existing EBRD projects, financing of new projects across all of the Bank’s existing countries and sectors and information about the Bank’s proposed expansion into the southern and eastern Mediterranean can also be found here.

Staff at the desks can arrange meetings between EBRD representatives and everyone taking part at the Annual Meeting and book meeting rooms for you. Informal meetings can be held in the Networking Area which is situated on Level B2.

Meeting room requests can also be made through MyEBRD app.

For information and meeting requests, please go to desks on Level B1 or Level B2.

g o v E R N o R S ’ S T A T E m E N T S A N D o F F I C I A L D o C U m E N T SThe Governors’ Statements and Official Documents, located in the Networking Area, outside the Beyazit Hall, Level B2 and outside the Auditorium, Level B3 can provide copies of opening and closing statements and the order of speaking. Copies of the other shareholder statements may also be obtained when available.

E B R D U p D A T EFor the latest Business Forum updates on events and speakers, look out for EBRDupdate, the on-site newsletter distributed around the venue and also available through MyEBRD mobile app.

E B R D p U B L I C A T I o N S D E S KA wide range of key Bank publications – from the Annual Report to brochures, leaflets and factsheets – is on display at the EBRD Publications Desk which is situated in the Networking Area on Level B2 of the ICC.

Welcome to the Networking Area, where you can interact with participants, access the internet and MyEBRD app, take a break between sessions, visit display stands, watch live broadcasts of some events and pick up copies of Governors’ statements, EBRD publications and non-EBRD publications.

p h o T o E x h I B I T I o NA special photo exhibition illustrating the EBRD’s recent activities and achievements in Turkey and its other countries of operations is displayed on Level B1.

Sponsored by


m y E B R D I N F o R m A T I o N D E S KVisit MyEBRD Information Desk on Level B1 to learn how to make the most out of the mobile-based application. You can create your own agenda, set-up bilateral meetings and much more.

Still guiding the way for global business. ft.com/125

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I N F o R m A T I o N S T A N D S

Taipei China

As a trusted development partner, Taipei China has lent its active support, at both the general and project level, to the EBRD’s activities in its countries of operations from the outset. Over the last 22 years, it has made a valuable contribution to the Bank’s technical cooperation and co-financing programmes, and has granted the EBRD access to Taiwanese expertise in key operational areas including sustainable energy, ICT projects, turnaround management, transportation management and small and medium business development.

In 2011, Taiwan International Cooperation and Development Fund (TaiwanICDF) committed to contribute US$ 80 million to the EBRD’s Green Energy Special Fund. This is to catalyse the installation of energy efficient, green technologies in the EBRD countries of operations. During his visit to Taipei in March 2013, Suma Chakrabarti, EBRD President, also signed an MoU with TaiwanICDF to promote sustainable resource management in the EBRD’s countries of operations.

Taipei China is also a contributor to the EBRD’s Early Transition Countries Fund (ETC Fund) and the related ETC Local Currency Risk-Sharing Special Fund, providing €2.6 million. It became the Vice Chair of the ETC Fund Assembly in 2013. Taipei China is also a contributor to the EBRD Balkan Region Special Fund (BRSF) with an additional US$ 1.5 million.

Evaluation Department

The EBRD’s shareholders and management both view a credible and independent evaluation function as critical to accomplishing the institution’s core purposes.

Evaluation is a Bank-wide effort, with interconnected roles and responsibilities for the Evaluation Department (EvD), the Board of Directors and Management. EvD is primarily responsible for monitoring and delivering the Bank’s overall evaluation programme, and for policy and procedures needed to do so. Among other work, it validates and reviews self-evaluations prepared by management, assesses the adequacy of the self-evaluation process, conducts independent evaluations of Bank operations and programmes, and provides a variety of training and quality assurance services to operations departments. EvD’s analysis is used to assess performance and identify insights and lessons from experience that may contribute to improving the effectiveness of future operations. EvD is undergoing a strategic repositioning involving substantial upgrades in its products and practices, all expected to enhance its contribution to institutional performance and accountability.

Small Business Support

Small Business Support (SBS) provides an essential component of the EBRD’s transition toolkit: effective access to knowledge and expertise necessary to improve enterprise performance. SBS helps small and medium-sized enterprises (SMEs), the backbone of a dynamic market economy, to achieve their high growth potential through two main instruments: the Enterprise Growth Programme (EGP) and Business Advisory Services (BAS).

EGP is targeted directly at mid-sized enterprises, transferring relevant commercial and technical know-how from experienced industry experts. BAS on the other hand works both with individual enterprises, helping them engage local consultants to overcome specific problems constraining their operations, and with the local consultancy sector, developing a sustainable market of quality consultancy services for SMEs to draw on. Since 1993, SBS has undertaken more than 13,000 projects, making a significant impact on SMEs across 30 countries.

istirak ilani GENEL13.ai 4 18.03.2013 14:40

Connecting people. Communicating change.Discover more

Download from www.ebrd.com/publications

The EBRD Publications Desk is located in the Networking Area, Level B2

www.twitter.com/ebrdwww.facebook.com/ebrdhq

www.youtube.com/ebrdtv

Plan your participation during the Annual Meeting

by setting up meetings ahead of time.

Create your own agenda

Communicate with other Annual Meeting

participants

Our NEW mobile-based App

Go to the Annual Meeting website: www.ebrd.com/am and select the MyEBRD tab.

This will bring you to the ‘Welcome to MyEBRD’ page where you will findinstructions on how to download the instructions on how to download the app for your particular device (iPhone, Android, iPad, and all other internet-enabled mobile phones).

If you want to network, please log in with your Username (email) and the password provided for your registration.

EBRDMy to download

21 3 4WIFI NETWORK ACCESS

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I N v E S T m E N T o U T L o o K S E S S I o N SInvestment Outlook Sessions present a unique opportunity for Business Forum participants to learn about individual countries in the EBRD region of operations, as well as to explore different investment possibilities. The Investment Outlook sessions aim to encourage informal discussion among policy-makers and investors, providing invaluable information on investment potential, as well as the obstacles that might impede or complicate investment.

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Kazakhstan


Kazakhstan’s Investment Climate: Attractions for Investors

Moderator Jonathan Charles, EBRD Director of Communications

Government Panellists Bolat Zhamishev, Minister of Finance and EBRD Governor

Shagala Rakhimzhanova, Regional Director of the Board, National Export and Investment Agency KAZNEX INVEST

EBRD Panellist Janet Heckman, Director, Kazakhstan


I N v E S T m E N T o U T L o o K S E S S I o N S

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Serbia


Serbian Investment Outlook 2013 and Beyond

Moderator Jean-Marc Peterschmitt, EBRD Managing Director, Central and South Eastern Europe

Government Panellists Zorana Mihajlovic, Minister of Energy, Development and Environmental Protection, EBRD Governor

Mladjan Dinkic, Minister of Finance and Economy, EBRD Alternate Governor

Business Panellists Dragica Pilipovic-Chaffey, CEO, Serbia Broadband SBB

Ivica Smolic, CEO, Komercijalna Banka

EBRD Panellist Matteo Patrone, Director, Serbia

Lithuania


The Effect of Innovation Networking on FDI Promotion – Seize the Opportunity to Invest in Lithuania

Moderator and EBRD Panellist Matti Hyyrynen, Head of Office, Vilnius

Government Panellists Aloyzas Vitkauskas, Vice Minister of Finance and EBRD Alternate Governor

Jurgita Staneikaite, Head of the Investment Policy Division, Investment and Export Department, Ministry of Economy

Erna Suslaviciute, Head of Business and Science Cooperation Division, Innovation and Knowledge Society Department, Ministry of Economy

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Ukraine


Better Investment Climate as Imperative for Growth

Moderator Olivier Descamps, EBRD Managing Director, Turkey, Eastern Europe, Caucasus and Central Asia

Government Panellist Yurij Kolobov, Minister of Finance and EBRD Governor

Business Panellists Michal Solowow, Owner, Barlinek SA

Sergey Evlanchik, CEO, Ukrproduct; Partner, Rengy Development Ltd

EBRD Panellist Graeme Hutchison, Deputy Director, Ukraine


FYR Macedonia


Macedonian Business Climate and Investment Opportunities

Moderator and EBRD Panellist Elena Urumovska, Head of Office, Skopje

Government Panellists HE Zoran Stavreski, Deputy Prime Minister, Minister of Finance and EBRD Governor

Viktor Mizo, Chief Executive Officer, Directorate for Technological Industrial Development Zones

Business Panellists Kocho Angjushev, Owner, Fero Invest doo, Mali Hidro Elektrani doo and Brako doo Group Filip

Filip Kotora, Member of the Board of Directors, Ohridska Banka SG

Necdet Palakci, Chief Executive Director, Halkbank Skopje

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Egypt


Prospects for Investment in Egypt

Moderator Hildegard Gacek, EBRD Managing Director, Southern and Eastern Mediterranean Region

Government Panellists Ashraf El-Araby, Minister of Planning and International Cooperation, and EBRD Governor

Osama Saleh, Minister of Investment

Business Panellist Yousry Kotb, CEO, Universal Group

EBRD Panellist Philip ter Woort, Director, Egypt

Kosovo


Kosovo – On the Way to a Regional Crossroads of the Western Balkans

Moderator and EBRD Panellist Claudio Viezzoli, Director, Western Balkans

Government Panellists HE Hashim Thaci, Prime Minister

HE Mimoza Kusari–Lila, Deputy Prime Minister and Minister of Trade and Industry

Business Panellists Paul Clark, General Manager, Llamkos GalvaSteel

Jeton Sadiku, Representative, Llamkos GalvaSteel, Core Group


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Belarus


Belarus: Economic and Investment Credibility

Government Panellists Nikolay Snopkov, Minister of Economy and EBRD Alternate Governor

Kirill Koroteev, First Deputy of the General Director, Industrial Park Development Company


Russian Federation


Development of Russia’s Capital Markets and Moscow’s Role as a Financial Centre

Government Panellist Sergey Storchak, Deputy Minister of Finance and EBRD Alternate Governor

Business Panellists Ekaterina Novokreshchenykh, Senior Vice President, Moscow Exchange MICEX-RTS

Alexander Pirozhenko, Director for Partners Network Development, Agency for Strategic Initiatives


Montenegro


Sustainable Growth in Montenegro

Moderator and EBRD Panellist Giulio Moreno, Head of Office, Podgorica

Government Panellists Radoje Zugic, Minister of Finance and EBRD Governor

Nikola Vukicevic, Deputy Minister of Finance and EBRD Alternate Governor

Business Panellists Enrico Malerba, CEO, EPCG

Gabriele Manduzio, CEO, Terna Crna Gora

Matthew Morley, Senior Brand and Marketing Manager, Porto Montenegro

Branka Pavlovic, CEO, Societe Generale Montenegro

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h o S T C o U N T R y I N v E S T m E N T o U T L o o K : F o C U S o N T U R K E y The Host Country Investment Outlook is now fully incorporated into the first day of the EBRD Annual Meeting & Business Forum. The programme includes three parallel Discussion Panels. These discussions will provide participants with a lively and candid platform to find out much more about Turkey – not only as a financial hub, but also as an investment and business partner with regional and global impact.

Over the past decade, the Turkish economy has gone through an enormous structural transformation. Its market-based economy has become far more dynamic, flexible, stable and resilient. The country offers lucrative business opportunities and a friendly investment environment. It has a young and dynamic population, a strong entrepreneurial culture and a stable political and economic system. Its geographic location gives it easy access to markets across Europe, Eurasia, the Middle East and North Africa.

The Turkish Republic was founded in 1923. With its centenary fast approaching, the country has set itself ambitious targets. By 2023, it aims to become one of the top 10 economies in the world. Reaching these targets will strengthen Turkey’s contribution to global peace, welfare and economic well-being.

The Turkish Authorities would like to thank:

Organising Partners

Host Country Sponsors

Republic of TurkeyMinistry of Family andSocial Policy

Republic of TurkeyMinistry of Family andSocial Policy

More than a bank

TÜRK‹YE CUMHUR‹YET MERKEZ BANKAS I

TÜRK‹YE CUMHUR‹YET M ERKEZ BAN KAS I

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h o S T C o U N T R y I N v E S T m E N T o U T L o o K : F o C U S o N T U R K E y

Transformation of Turkey as a Business and Investment Hub

Friday 10 May 17:30–18:30 Uskudar Hall 2, Level B2

Turkey has undergone substantial transition over the last decade and demonstrated remarkable progress. This success means that the country now offers investors an attractive market in which to do business. Over the last 10 years Turkey has attracted US$ 123 billion FDI, compared to the US$ 15 billion FDI in the preceding eight decades (1923–2002).

Turkey attaches great importance to establishing strong business ties at both the regional and global levels. The country is strategically located. Acting as a natural bridge between east-west and north-south axes, Turkey provides investors with an efficient, cost-effective outlet to lucrative markets across Europe, Eurasia, the Middle East and North Africa. Besides its geographic advantage, Turkey represents a friendly investment environment for foreign investors. Its diversified economy, a young and dynamic population, a strong entrepreneurial culture, a stable political and economic system bring Turkey to the forefront of global economic projections.

Organiser and Contributor Investment Support and Promotion Agency of Turkey

Interpretation available English and Turkish


Istanbul as an International Financial Centre


Istanbul, bridging Asia and Europe, has been a regional hub of international business and commerce throughout history due to its unique location. The government’s Vision 2023 goals aim to transform the city into one of the world’s most prominent financial centres. For this reason, the Istanbul International Financial Centre Project was initiated in 2009.

Turkey is one of the most promising emerging markets and has become more appealing to investors through positive decoupling from the other regions with various economic problems. Concrete steps have been taken on the grounds to increase the variety of financial products and services which will meet the demands of investors of any type. With the recently enacted new capital market law all exchanges, including the derivatives and precious metals exchanges, have been unified under one umbrella: Borsa Istanbul. Borsa Istanbul has introduced new markets and financial products to attract investors.

This session will provide a platform to discuss various steps required to establish Istanbul as an international financial centre.

Organiser and Contributor Borsa Istanbul



Equality at Work Platform: Economic Participation and Equal Access to OpportunitiesFriday 10 May 17:00–18:00 Emirgan Hall 2, Level B2

Turkey is one of the three countries aside from Mexico and Japan, which have been designated as pilot countries to close the gender gap in terms of economic participation and access to opportunities by up to 10 per cent, as of 2012. To this end, the Equality at Work Platform was built under leadership of the Ministry of Family and Social Policy and in cooperation with the World Economic Forum, with the private stakeholders Dogus Holding Inc. Co. and Hacı Omer Sabancı Holding Inc. Co. being seated as co-chairs.

The aim of this session is to exchange experiences of the activities of the Equality at Work Platform to date, contribute to setting principles for the elimination of gender discrimination in working life and discuss ideas for next steps in the future.

Organiser Ministry of Family and Social Policy


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C I v I L S o C I E T y p R o g R A m m E

Civil Society Programme

The Civil Society Programme will take place on Thursday 9 May, Friday 10 May and Saturday 11 May. The Programme will provide an opportunity for representatives of civil society organisations to exchange views and interact with EBRD staff, senior management, the President and the Board Directors. It will be an occasion for civil society stakeholders to learn more and discuss issues of interest and concern regarding the EBRD’s policies and investment projects.

The Civil Society Programme 2013 will feature a roundtable discussion on the effective use of social media platforms for the Bank’s engagement with civil society and a special discussion panel Expanding Economic Opportunities and Promoting Inclusive Growth (see more information below).

At the end of the Programme on Saturday, civil society organisations will have an opportunity to exchange views and perspectives with the EBRD President and Board of Directors during two specially dedicated sessions.

By invitation only. Enquiries: [email protected]

Open Discussion Panel: Expanding Economic Opportunities and Promoting Inclusive Growth


The Arab uprisings of the past two years have demonstrated the importance of more widely shared benefits of growth and political and social inclusiveness for sustainable transition. Likewise, in the EBRD’s traditional region from central Europe to Turkey to central Asia, equal opportunity remains an as yet unattained goal despite the fact that transition has brought economic growth and political liberties to many countries.

Different stakeholders approach the issue of equal opportunity from different angles. Should the focus be on creating equality of economic opportunity to people irrespective of their age, gender, ethnic background, language, religion, parents’ education or place of birth? Or should the focus rather be on affirmative action and on welfare arrangements so as to specifically target the most marginalised groups within a society? The discussion will bring out different ways in which civil society, businesses and IFIs can each address the underlying challenges of broad-based inclusive growth individually or in partnerships with one another.

Civil society organisations are working hard to advance the youth employment agenda; advocate for equal opportunities for men and women; and promote social entrepreneurship. At the same time, private companies increasingly move their corporate social responsibility away from traditional charitable activities towards providing products and services aimed at the poorest communities as part of the companies’ core business model. The panel will bring together representatives from civil society, the private sector and the EBRD to discuss the challenges and opportunities that these different approaches can bring and how they need to be joined up to expand opportunities and promote inclusive growth.

Moderator Yoruk Kurtaran, General Manager, Community Volunteers Foundation (TOG)

Panellists Jackie Kameel, Managing Director, Nahdet El Mahrousa

Kacem Bennani Smires, CEO Groupe Delassus

Michaela Bergman, Chief Social Counsellor, EBRD

Barbara Rambousek, Senior Economist, EBRD

Discussants Ceyhun Gocenoglu, Board Member, CSR Association of Turkey

Ludovica Lardera, Head of Group Sustainability, UniCredit

Interpretation available English, French and Russian

“ThE ARAB UpRISINgS oF ThE pA ST Two yEARS hAvE DEmoNSTR ATED ThE ImpoRTANCE oF moRE w IDELy ShARED BENEF I TS o F gRowTh AND poL I T I C A L AND SoC I A L INCLUS I vENESS F oR SUSTA INABLE TR ANS I T IoN .”

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A C K N o w L E D g E m E N T S

Flagship Forum Partner

Major Forum Partner

Major Forum Partner

ThE EBRD BUS INESS F oRUm woULD L I KE To ThANK ThE F oL Low INg F oRUm pARTNERS AND oRg AN IS AT IoNS who hAvE CoNTR IBUTED To ThE SUCCESS oF ThE EvENT.

Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. In total, around 60,000 employees service about 14.2 million customers through more than 3,100 business outlets, the great majority of which are located in CEE.

UniCredit is a rock-solid European commercial bank, with an international network embracing 50 countries worldwide, with more than 156,000 employees and about 9,300 branches. The Group operates in 20 European markets: Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Germany, Hungary, Italy, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine. Its strategic position in Western and Eastern Europe gives the Group one of the Region’s highest market shares.

Sberbank of Russia the largest bank in Russia, holds almost one third of all Russian banking sector assets. The Central Bank of the Russian Federation is the founder and major shareholder of Sberbank. The Bank has the largest distribution network in Russia with over 19,000 offices as well as subsidiaries in 20 countries. In September 2012, Sberbank completed the acquisition of DenizBank AS (Ranked 6th among private and 9th among all Turkish banks by consolidated total assets).

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Forum Partners

Premier Forum Newspaper

Media Partner

The text on these pages were provided by the companies themselves

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g E N E R A L I N F o R m A T I o N A N D C o N T A C T S

S E C U R I TySecurity will be strictly enforced in all the Annual Meeting venues. To ensure the safety of all participants, security badges must be displayed at all times in the venues. Under no circumstances should your security badge be lent to another participant. At the venues entrances, participants will be required to pass through security checks and to have their belongings screened and, if necessary, searched.

F I R S T A I DA first aid room will be available at the ICC and will be staffed by trained personnel. Ambulance support will also be provided at the ICC, the Reception for all Participants and at official receptions.

F I N D I N g y o U R w A y T o E v E N T SDirectional assistants will be located throughout the venue to answer questions regarding the location of events and meeting rooms. These staff can by recognised by the “i” (information) symbol on the back of their polo shirts.

T R A N S p o R TA shuttle bus service for Annual Meeting participants is provided to and from the airport and official hotels. Shuttle buses will take participants to the Annual Meeting venue from official hotels: timetables and routes will be made available at the airport on arrival and at the Annual Meeting hotel lounges.

F U R T h E R I N F o R m A T I o NEuropean Bank for Reconstruction and Development One Exchange Square London EC2A 2JN United Kingdom Switchboard/central contact Telephone: +44 (0)20 7338 6000 Fax: +44 (0)20 7338 6100 General enquiries Office of the Secretary General – Annual Meetings, Protocol and Event Management Unit Telephone: +44 (0)20 7338 7701 Fax: +44 (0)20 7338 7320 Email: [email protected] Press enquiries Communications Department Telephone: +44 (0)20 7338 7805 Fax: +44 (0)20 7338 6690 Email: [email protected] Civil society enquires Civil Society Engagement Unit Telephone: +44 (0)20 7338 8197 Fax: +44 (0)20 7338 6047 Email: [email protected] Requests for EBRD publications Communications Department Telephone: +44 (0)20 7338 7553 Fax: +44 (0)20 7338 6102 Email: [email protected] Registration and hotel reservations enquiries EBRD Event Team Grass Roots Linea, Harvest Crescent Ancells, Business Park Fleet, Hants GU51 2UZ United Kingdom Telephone: +44 (0)1252 776 314 Fax: +44 (0)1252 776 301 Email: [email protected] Email: [email protected]

Design Fivefootsix Photography Andy Lane (3, 11, 13, 15, 16, 18, 20), Bryan Whitford (37), Dan Kelly (30), Dermot Doorly (2, 8, 9, 13, 19, 24, 26, 29), Fivefootsix (5, 15, 30), Gjorgji Licovski (32), Helen Valvona (32), ICC (2, 5, 7), iStockphoto/Andrei Nikolaevich Rybachuk (34), iStockphoto/Jovo Marjamnovic (31), Shutterstock (FC, 3, 26, 31, 33, 35) Print Ofset Yamimevi Ref 278 AM13 Programme Brochure (E/3000)

Many talk about Capital Market Transactionsin Central and Eastern Europe.

We do them.

Raiffeisen Bank International has relationships in Austria and Central and Eastern Europe second to none. Close relation-ships, too, with major investors worldwide. Investors value our regional know-how and market access, giving issuers firm placement at the right price. www.rbinternational.com

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