The FT HSBC Leadership Briefing in London will bring together key decision makers to discuss the UK’s future relationship with the EU and the rest of the world. What challenges will this exit present to trade efforts? What are the key priorities for UK businesses?
FT HSBC Leadership Briefing London
Redesigning the UK’s Trading Position in a Post-Brexit World
Chairman, Tata Europe Network Forum
Lady Barbara Judge
UK Institute of Directors
Karel De Gucht
In Association With
As the UK Government prepares for intense Brexit negotiations, businesses remain in limbo as to what the likely form and substance of the new trading model will be and the impact it will have. Now that Article 50 has been triggered the clock will start ticking on a two year process of negotiations – in practice greater clarity is required well in advance of the final deadline. Whilst it is in the interests of both parties at the negotiating table to facilitate an amicable divorce, the sheer breadth and complexity of the process is overwhelming. Theresa May has stated she is seeking the “best possible deal for UK companies”; balancing this with the wishes of the electorate will be one of the key challenges of her term.
Key British sectors have benefited from the EU’s Single Market free movement of goods, services, capital and people – from the exporting of passported financial services into Europe to the free movement of European workers into the UK. Brexit will bring about both risks and opportunities, as the UK seeks to navigate a new regulatory environment with Europe and new trading frameworks with other global powers. The election of Donald Trump signifies an interesting political shift and new possibilities to further develop the special US-UK relationship, but Trump’s protectionist mandate may result in uncertain outcomes.
The FT HSBC Leadership Briefing in London will bring together key decision makers to discuss the UK’s future relationship with the EU and the rest of the world. What challenges will this exit present to trade efforts? What are the key priorities for UK businesses? What would be the impact of a failed negotiation were the UK to be eased out? What are the greatest opportunities for international trade partnerships going forward? How can companies continue to maintain strong relationships with customers, suppliers and their operations in Europe?
Agenda - 14th Jun
8:30amRegistration and breakfast
9:00amChair’s opening remarks
9:10amOpening Keynote: Britain after Brexit
- What will a post-Brexit Britain look like?
- What opportunities and challenges will businesses likely face over the next two years and what does this mean for the future?
Karel de Gucht, former Commissioner for Trade, European Commission
Noel Quinn, Chief Executive, Global Commercial Banking, HSBC
talks with Daniel Dombey, Brexit Editor, Financial Times
9:50amPanel discussion: Navigating businesses through uncertain times
- What can businesses do to mitigate the impact of uncertainty through this period of negotiation?
- What should be the UK’s negotiating priorities with respect to protecting UK companies?
- What trading model or hybrids of different models might the UK look to emulate?
- What does the rise of populism mean for the EU and could it have an impact on the Brexit process?
- Where do the greatest opportunities exist to develop closer ties to trading partners outside the EU and to develop industries that have may have been held back by regulatory limitations?
- What does Donald Trump mean for UK businesses?
Lady Barbara Judge CBE, National Chairman, UK Institute of Directors
Paul Johnson, Director, Institute of Fiscal Studies
David Landsman, Executive Director and Chairman Tata Europe Network Forum, TATA Limited
Noel Quinn, Chief Executive, Global Commercial Banking, HSBC
moderated by Daniel Dombey, Brexit Editor, Financial Times
10:40amQ&A with audience
10:55amChair’s closing remarks
Dr David Landsman is Executive Director at Tata Limited, the promoter company for Tata enterprises in Europe.
Many Tata companies operating in the UK are engineering and innovation leaders in a wide range of fields, from driverless cars to artificial intelligence and advanced manufacturing. Tata companies employ more than 60,000 people in the UK, and collectively are one of the country’s largest investors in R&D.
Before joining Tata, Dr Landsman spent his career with the UK’s Foreign and Commonwealth Office, latterly as Ambassador to Greece, and spent two years on secondment to the manufacturing firm, De La Rue plc.
He holds a doctorate in linguistics from the University of Cambridge.
Lady Barbara Judge
Lady Barbara Judge CBE is the National Chairman of the UK Institute of Directors, as well as Chairman Emeritus of the UK Atomic Energy Authority, having been its Chairman from 2004-2010. She is also currently Chairman of the Energy Institute of University College London, Deputy Chairman of the Tepco Nuclear Reform Committee and a UK Business Ambassador. She is also a member of the UAE Advisory Board for the Development of Peaceful Nuclear Energy and Chairman of the Advisory Board for the Association of Consultancy and Engineering (ACE). In addition she is a Visiting Fellow at Oxford University.
In June 2016 she completed two terms as Chairman of the UK Pension Protection Fund. Earlier in her career she was appointed as the youngest ever Commissioner of the US Securities and Exchange Commission. Thereafter she was appointed as the first woman Executive Director of Samuel Montagu and News International.
In 2010 Lady Judge was awarded Commander of the British Empire in the Queen’s Birthday Honours List and in 2015 she received a Sunday Times Non-Executive Director Award for her chairmanship of the Pension Protection Fund.
Karel De Gucht
Karel De Gucht is the former European Commissioner for Trade and was elected in 2010. Following an initial career in law, Commissioner De Gucht was elected as a Member of the European Parliament in 1980, as which he remained until 1994. During his political career, Commissioner De Gucht has been a member of the Bureau of the PVV-Open Vld political party, Member of the Flemish Parliament and Minister for International Trade. In 2004, he was elected Minister for Foreign Affairs. In 2009, he became Commissioner for Development and Humanitarian Aid. Since 2002, Commissioner De Gucht has also held the honorary title of Minister of State in Belgium.
Noel Quinn was appointed Chief Executive, Global Commercial Banking, in December 2015 and he became a Group Managing Director in September 2016.
Based in London, Mr Quinn is responsible for HSBC’s relationships with about 2 million small, medium and large business customers in Asia-Pacific, Europe, the Middle East and North Africa, North America and Latin America.
From 2011 to 2015 he was the Regional Head of Commercial Banking for Asia-Pacific, based in Hong Kong.
Mr Quinn joined Forward Trust Group, a subsidiary of Midland Bank, in 1987. He led HSBC’s acquisitions of Swan National Motor Finance and Eversholt Leasing Ltd, becoming General Manager of each business in turn.
He has since taken up postings including Head of Specialised and Equity Finance at HSBC, Group Director of Strategy & Development at HSBC Insurance Services North America, Head of Commercial Finance Europe and Head of Commercial Banking UK (2008-2011).
Mr Quinn qualified as an accountant in 1987. He featured among the Top 30 Ally Executives in the 2015 Financial Times/OUTstanding executive diversity ranking.
Paul Johnson is the director of the Institute for Fiscal Studies and has held this position since January 2011. He is also a visiting professor at UCL.
Mr Johnson has published and broadcast extensively on the economics of public policy including tax, welfare, inequality and poverty, pensions, education, climate change and public finances. He is author of major books on pensions, tax and inequality. He is one of the authors of the “Mirrlees review” of tax system design.
Prior to this role, Mr Johnson worked at the FSA and where he was the chief economist at the Department for Education, director of public spending in HM Treasury and the deputy head of the UK Government Economic Service.
Mr Johnson is currently a member of the council and executive committee of the Royal Economic Society, a member of the Climate Change Committee, a member of the banking standards board and is on the board of the Office of Tax Simplification. He has previously served on the council of the Economic and Social Research Council. He was a founder council member of the Pensions Policy Institute. He has led reviews of the policy of auto-enrolment into pensions for the DWP and of price statistics for the UKSA.
Daniel Dombey is the Financial Times's Brexit Editor. He also has the post of Deputy World News Editor. Before returning to the UK in June 2015, he served as Turkey Correspondent, based primarily in Istanbul. He had been previously stationed in Washington, working there from 2007 until 2011 as the FT's US Diplomatic Correspondent. Mr Dombey has also covered the diplomatic beat for the FT in both London and Brussels. During five years in the Belgian capital, he covered a series of other areas, including the start of EU membership negotiations with Turkey, competition policy and efforts to agree on a European constitution. Mr Dombey started writing for the FT in Mexico in 1995. He has an MPhil in Latin American Studies from Cambridge University and a BA in Politics, Philosophy and Economics from Oxford University.
In Association With (1)
HSBC is one of the world's largest banking and financial services organisations. With around 4,400 offices in both established and emerging markets, we aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We serve around 48 million customers through our four Global Businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Our network covers 72 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.
Listed on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are held by about 213,000 shareholders in 131 countries and territories.
Why should I attend?
- Hear from senior Financial Times journalists and their knowledge on the latest developments in Brexit
- Hear from thought leaders with the power to influence policy
- Explore what the UK's future relationship with the EU will most likely look like
- Discover how Brexit will present new international trade opportunities for your business
- Discuss the new possibilities that the special US-UK relationship could present
- Learn how to maintain a strong relationship with customers, suppliers and your operations in Europe
- Voice your concerns to the panel to hear their thoughts and feedback
- Network with global businesses leaders from a variety of industries
Who will I meet?
The FT-HSBC Leadership Breakfast Briefing will bring together C-Suite and senior level professionals, from a range of industry sectors including:
- Financial services
- Insurance firms
- Law firms
- Oil and gas