Speakers

Speakers

Thumbnail
Mark Aarons

Head of investment risk

VFMC

Mark joined VFMC in April 2018 as Head of Investment Risk.  He is also currently an Adjunct Associate Professor in the Centre for Quantitative Finance and Investment Strategies at Monash University.   Prior to his current role, Mark was Head of FICC Structuring at the National Australia Bank from 2010 to 2017, where he built a leading securitisation swap business in both Australia and the UK.  From 2004 to 2010 Mark held various roles at NAB in both Front Office and Market Risk.

Mark holds Bachelor degrees in Law and Science (both with Honours) from Monash University and a PhD in Mathematics jointly from the Max Planck Institute for Gravitational Physics and the Free University of Berlin, Germany.  Mark is also the co-author of a recent book on securitisation swaps which was published by Wiley Finance in March 2019.

Thumbnail
Ross Allen

Managing Director Data Strategy

IHS Markit

Ross is a Managing Director in Strategy within the Financial Services division and with specific focus on changes to market structure, regulation and new technology.  Ross is a member of the global benchmark reform program at IHS Markit and is also Global Head of Term Risk Free Rates (TRFR).

Previously, Ross served as Head of Financial Markets APAC and was responsible for leading and growing the IHS Markit Financial Markets business across Asia-Pacific.  Ross has an accounting and OTC derivatives background and has worked extensively on regulatory impact to develop innovative products to meet regulatory change.  Ross has over 20 years experience in the financial services industry covering cash, derivatives and alternative assets markets across a variety of roles.  Ross has worked in London, Singapore and currently based in Sydney and spent the last decade focusing on Asia-Pacific market development.

Daniel Been

Head of FX and G3 research

ANZ

Daniel is the Head of FX and G3 Research for the ANZ Bank. His team is responsible for forecasting the outlook for the major global economies and FX markets. In particular they focus on what the major macro trends evolving offshore mean for ANZ’s core markets in Australasia. More particularly, Daniel’s research focuses on exploring the impact of the global cycle on broad market trends, with a specific focus on the USD and AUD.
He provides advice across all client segments of ANZ. Since joining ANZ the team has consistently achieved strong ratings for AUD research in the Kanganews, Asiamoney and Peter Lee surveys.

Daniel has more than a decade of experience in financial markets, working in funds management, banking and the public sector.

Thumbnail
Kate Birchall

Head of Asia Pacific

LCH

Kate Birchall is Head of Asia Pacific for LCH Ltd. In her role, she is responsible for LCH’s business in the region, including the CCP’s existing OTC derivatives clearing operations in Sydney and Tokyo. 

Prior to joining LCH in October 2018, Kate was Head of Portfolio Optimisation and Collateral at National Australia Bank. She has also held senior roles in Structuring, Portfolio Management and Credit Research in Australia and London. 

Kate holds an EMBA from the London Business School and a BA in Mathematics from the University of Queensland.

Nathan Bourne

Senior executive leader, market infrastructure

ASIC

Nathan leads ASIC’s Market Infrastructure team. The team supervises Australian market licensees and operators, clearing and settlement facilities, Australian derivative trade repository operators, benchmark administrators and credit rating agencies. The team also examines new market and clearing and settlement proposals. Previously, Nathan has held senior leadership roles in ASIC’s Market Supervision and Market Infrastructure teams. Nathan has more than 20 years’ experience in financial markets, regulation and public policy. Most recently, he was the Director of Wholesale Compliance at the National Australia Bank. He has also held roles at the Reserve Bank of Australia, the Australian Treasury, the UK Financial Services Authority (now the Financial Conduct Authority) and Mitsubishi UFJ Securities in London. Nathan holds a Bachelor of Economics (Honours) and a Graduate Diploma in Applied Finance and Investment.

Wai Kin Chan

Head of Asia Pacific

Bid FX

Daren Csehi

Group funding and risk manager

Treasury Wine Estates

Daren is a finance professional with sixteen years of experience in strategic finance, financial markets and treasury.  Daren began his career as a wholesale banker where he worked across a wide variety of functions including FX, Structured Finance and Group Treasury.  His focus and passion in banking was conceiving and delivering transformational and strategic transactions and initiatives.  This included leading work streams on high profile strategic M&A transactions including the demerger and IPO of Clydesdale Bank as well as leading a multi-stream programme tasked with balance sheet optimisation to comply with the Dodd-Frank Act.  He was also instrumental in growing NAB’s Offshore Banking Unit from a $5m business to a $50m business.

 

In 2018 Daren took the leap from banking into corporate treasury, joining Treasury Wine Estates in their Group Treasury function.  At TWE, Daren is responsible for the strategic development and execution of all aspects of the Group’s FX hedging programme, term funding strategy, cash and liquidity management, interest rate and commodity risk management, and debt investor relations.

 

Daren has an MBA from Melbourne Business School having completed the Executive MBA programme in 2017. He also holds a Graduate Diploma in Applied Finance and honours degree in Economics.

Thumbnail
Guy Debelle

Deputy Governor

Reserve Bank of Australia

Dr Guy Debelle commenced as Deputy Governor of the Reserve Bank of Australia on 18 September 2016. He is Deputy Chair of the Reserve Bank Board and Chair of the Reserve Bank's Risk Management Committee. Prior to his current role, Dr Debelle was the Assistant Governor (Financial Markets).

In May 2019, Dr Debelle was appointed Chair of the Global Foreign Exchange Committee (GFXC). Prior to this, he was Chair of the BIS Foreign Exchange Working Group responsible for the development of the Global Code of Conduct for the Foreign Exchange Market as well as Chair of the Australian Foreign Exchange Committee.

Dr Debelle worked at the International Monetary Fund, Bank for International Settlements, Australian Treasury and as a visiting professor in economics at the Massachusetts Institute of Technology (MIT). He graduated from the University of Adelaide with an honours degree in economics and gained his PhD in economics at MIT under Stanley Fischer and Rudi Dornbusch.

Dr Debelle is a signatory to The Banking and Finance Oath.

Brett Elvish

Deputy chair

ASFA Investment & Economics Council | Moderator

Thumbnail
John Feeney

Partner

Martialis Consulting | Moderator

John Feeney manages Martialis Consulting working on financial markets product and infrastructure. He has been in financial markets for over 30 years in trading and management roles across most asset classes. Prior to joining NAB, Mr. Feeney has worked for Commonwealth Bank in Sydney, Citi in Sydney and London and Macquarie Bank in Sydney. Over this time he has traded and managed interest rate derivative, foreign exchange, traded credit, commodities and funding businesses.

Recently, Mr. Feeney has been an ISDA Board Member and Vice-Chairman and an AFMA Board member.

Mr. Feeney has a PhD and BSc (Hons) from University of Sydney.

Thumbnail
Bill Goodbody Jr

Chief operating officer

AE Capital

Bill Goodbody, Jr. is the Chief Operating Officer and advisor to the Board of AE Capital. Bill is responsible for Risk & Compliance, Investor Relations and all day-to-day operations of the business. 

Bill has 25 years of experience in the financial services industry and joined AE Capital in November 2017.

Prior to joining AE Capital, Bill was Senior Vice President & Head of Foreign Exchange at Bats Global Markets, Inc. in New York. Bill joined Bats in March 2015 as part of its acquisition of the Hotspot FX business from KCG Holdings, a business that Bill led since 2008. Before Hotspot, Bill spent more than 15 years in senior leadership roles within the Equities businesses of KCG Holdings, Knight Capital Group and Jefferies & Company.

Bill was a founding member and Secretary of the Foreign Exchange Professionals Association (FXPA), an organisation which represents the interests of FX industry participants. Bill has also previously served as a director on the boards of NSX Holdings, Inc., and the National Stock Exchange, Inc., an electronic stock exchange in the United States.

Bill has a Bachelor of Arts in Government from Georgetown University.

Joris Hillmann

Head of capital markets

AustralianSuper

Joris is the Head of Capital Markets at AustralianSuper. In this role, he is responsible for the build out of AustralianSuper’s Capital Markets capability, which seeks to leverage competitive advantages in size and scale by optimising management of the Balance Sheet and improving how the Fund coordinates and implements investment decisions.

Joris has over 20 years’ experience in asset allocation, portfolio management, exposure management, treasury, securities lending, investment risk management, governance, strategic and tactical portfolio construction, leadership and coaching.

Prior to joining AustralianSuper, Joris managed a range of fixed income and currency portfolios at Macquarie Investment Management in London and Sydney. Joris commenced his career at ING Investment Management in the Netherlands.

Laura Innes

Senior finance manager treasury funding & CFS

Coles

Laura has over 18 years of treasury and finance experience and her current role at Coles as a Senior Finance Manager includes responsibility for managing foreign currency risk.

Laura was appointed as Coles Treasury Manager - Liquidity and Funding in October 2018 post demerger from Wesfarmers and assisted in establishing the stand alone treasury function, financial risk management, capital management and funding. From October 2019 she now has finance responsibility for Coles Financial Services business.

Prior to joining Coles Laura was the Assistant Treasurer at Toll for almost 10 years and was previously an Audit Manager at KPMG.

Laura holds a FCA from the Institute of Chartered Accountants in England and Wales, a Masters in Chemistry from the University of Sheffield and is also a member of the Finance and Treasury Association.

Vic Jansen

Risk strategy & technology, treasury services

KPMG Australia | Moderator

Vic has more than 33 years’ experience in financial markets working for banks in Perth and Melbourne specialising in financial market risk instruments and hedging across interest rate, foreign exchange and commodity markets, before transitioning into Consulting within Treasury Advisory/Execution services in 2011 ultimately leading to the establishment of KPMG Treasury Services in 2013.

Vic’s primary role is to provide outsourced Treasury services and advice to KPMG’s retained Treasury services client base, where he specifically advises clients on hedging solutions covering interest rate, foreign exchange risk as well as commodity price risk management including bulk, base and precious metals. Across the energy sector, Vic also advises on market risk associated with Brent Oil & Diesel fuel. 

The Treasury services team also has a wider focus on financial market instrument valuations, hedge accounting support to meet various accounting standards and TOFA solutions specifically for funds on an ongoing outsourced client services model.

Client Experience

Vic has and continues to provide a wide range of corporate treasury risk management advice to a number of Australian corporations as a member of their Treasury Risk Management committees. Examples of additional professional roles include:

•             Treasury risk management policy development covering currency, interest rate, base and precious metals for a number of listed, private and state owned organisations.

•             Current active hedging programs in Base/Precious Metals, Crude and Fuel in commodity markets and various foreign exchange currency pairs and interest rate risk management activities.

•             Investigations with financial market benchmarks, acting as specialist subject matter expert and industry trainer in both BBSW and the London FX benchmarks.

•             Undertaken engagements evaluating foreign currency overlay models, providing key market insights as to use and effectiveness.

•             Lead client service provider for a major international fund manager, providing ongoing outsourced treasury services in the provision of a foreign exchange hedge accounting and TOFA solution for their foreign exchange overlay business.

Thumbnail
Alex Joiner

Chief economist

IFM Investors

Dr Alex Joiner is the Chief Economist at IFM Investors and also sits on its Investment Committee. He is responsible for the firm’s economic, financial market, policy and geopolitical analysis and forecasting that underpin its investment and portfolio management processes. He represents IFM with domestic and global clients as well as with governments, central banks, financial institutions and corporates. He has over 15 years professional experience and prior to joining IFM Investors, Alex was the Chief Economist (Australian & New Zealand) at Bank of America Merrill Lynch, a senior economist at ANZ Bank and an economist at the Victorian Department of Treasury. He holds a First Class honours degree in Economics and a PhD in Econometrics from Monash University. Alex is a committee member of Australian Business Economists and sits on the UN-supported Principles for Responsible Investment Macroeconomic Risks Advisory Group.

Tom Keegan

Portfolio manager

Macquarie Investment Management

Tom is a portfolio manager within Macquarie Fixed Income’s (MFI) Rates and Currency Team where his primary responsibility is managing dynamic and passive hedging programs for institutional and wholesale clients. Tom also manages active currency and tail risk hedging strategies for Macquarie’s global fixed income funds providing an alternative source of alpha as well as diversification benefits. Tom is responsible for trade execution with a particular focus on achieving best execution within each client’s the permitted credit framework. Prior to joining Macquarie Tom spent six years working as a portfolio manager for Adrian Lee & Partners. Tom holds a Masters in Management from University College Dublin and is a CFA Charterholder.

Thumbnail
Richard Kerr

Executive director

IFM Investors

Richard has overall responsibility for the Treasury Services business within Debt Investments. He offers strategic advice, tactical portfolio ideas, product development and implementation guidance over cash, FI, FX and derivative portfolios.

He has 33 years of broad senior portfolio management and financial markets experience including bank liquidity management at NAB, fixed income trading at County Natwest and JP Morgan, Proprietary trading at Dresdner Bank NY, Head of Currency Management at Macquarie Funds Group, managing passive and dynamic FX hedging portfolios as well as managing the Macquarie “Global Active Currency Fund.” Other positions include Head of FX Risk for Consolidated Press Holdings, and Executive Director, Institutional Currency at Morgan Stanley, focusing on quantitative FX overlays and research for Institutions.

Richard holds a Bachelor of Economics from Monash University.

Thumbnail
Justin Lo

Portfolio manager

Sunsuper

Justin is an investment manager within the fixed income and currency team at Sunsuper. Justin joined Sunsuper in October 2013 and has over 11 years of industry experience. Prior to joining the firm, Justin worked at Legal & General Investment Management (London), J.P. Morgan (Sydney) and State Street (Sydney). Justin holds a Bachelor of Commerce (Finance) at Macquarie University, Masters of Financial Analysis at the University of New South Wales, is a CFA Charterholder, Certified FRM and Chartered Alternative Investments Analyst.

Carol Lydford

Treasurer, head of treasury and investor relations

Toyota Finance Australia

Thumbnail
Rob Ma

Executive director - FICC execution solutions

Goldman Sachs

Rob is an executive director and head of FX Algo Products of Asia Pacific at Goldman Sachs. 

He has led various technology teams at Goldman Sachs since 2010 and has been involved in different initiatives in FICC Systematic Market Making. 

He has been most recently involved with FX Algos and with a strong focus on Asian currencies including Asian NDFs.

Thumbnail
Mark McCarthy

Director, Markets, Australian Financial Markets Association

AFMA

Mark McCarthy is a Director of Markets & Policy at AFMA and is responsible for managing various technical market and policy committees to promote efficiency and address regulatory issues in Australia’s financial markets. Prior to joining AFMA, Mark had twenty five years’ experience as a dealer and investment banker, trading and managing risk across many asset classes including foreign exchange, precious metals, interest rates and debt and credit markets. He has also worked as an international money broker and as an originator in debt capital markets and complemented this practical experience with a Master’s degree in Applied Finance and an MBA. Mark established his own consultancy in 2009 and worked as a consultant in providing banking, markets and financial services to clients in Australia, Asia and Eastern Europe. He joined AFMA in 2015.

Thumbnail
Philip Naylor

Principal consultant

Frontier Advisors | Moderator

Alan Oster

Chief economist

National Australia Bank

Thumbnail
Ravi Pandit

Executive director interest rate & FX products

CME GROUP

Ravi Pandit serves as Executive Director, Foreign Exchange and Interest Rate Products, Asia Pacific, for CME Group, based in Singapore. He is responsible for expanding CME Group’s existing FX and interest rate business and developing new opportunities across the region. Pandit joined CME Group in August 2015, and he has 25 years of experience in the financial markets.  Prior to joining CME Group, Pandit was a consultant to Singapore Exchange, where he provided strategic advice and project management for its launch of listed FX futures.  Before that, Pandit worked for 12 years in Dresdner Bank and subsequently Commerzbank post-merger, where he headed up the local markets trading team, and helped build up its Asian presence in interest rate and FX derivatives trading.  Pandit also worked in various trading roles at Barclays Bank, across Hong Kong, Singapore and Tokyo, and in operations & technology at Citibank, across Hong Kong and Mumbai. Pandit holds a Masters degree in Chemical Engineering from Syracuse University and an MBA in Finance from the University of California, Berkeley.

Thumbnail
George Tharenou

Chief economist

UBS

Thumbnail
Alison Towers

Director, global liquid markets trading

QIC

Alison joined QIC in 2007 and has more than 16 years’ financial markets experience. Overseeing trading across all of QIC’s global liquid market asset classes, her key roles include leading QIC’s global liquid markets trading team to achieve ‘best execution’ and ensure all trading activity is accurate and compliant.

QIC’s global liquid markets trading team is recognised for their deep understanding of global liquid markets and how to effectively implement a very broad range of financial instruments across interest rates, credit, inflation, FX, cash, liquid alternatives, equities and commodities. 

Alison has held a number of roles across QIC, including portfolio management roles for both FX and asset rebalancing overlays. Before joining QIC, Alison worked at Suncorp in a range of roles including trading, portfolio management and risk management. 

Alison holds a Bachelor of Science majoring in mathematics from the Queensland University of Technology and a post graduate diploma in applied finance and investments from FINSIA.

Sangeeta Venkatesen

Chair

FairVine Super

Rohit Verma

APAC head, OTC clearing and FX prime brokerage

Citi

Rohit Verma is Citi’s APAC Head of OTC Clearing and FXPB.  He has been in this role since January 2019. He is responsible for growing these products in the region and ensuring healthy return on capital. Prior to that he was running Risk and Capital for Clearing business since 2012. In addition to risk due-diligence, measurement and interface with independent risk, CCPs and Regulators he also led the Capital optimization initiative for the clearing business in the region. He sits on the regional management team for the Clearing business and also represents Citi at various Asian Exchange Risk Committees/ work-groups.

Rohit holds an MBA from the National University of Singapore and is also FRM certified. He joined Citi from Deutsche Bank where he was APAC Head of Risk Management for the Asset management business.  As part of this function, he set-up the independent risk management platform for the buy-side business and chaired the regional Risk committee. Prior to this he has also served in senior sell-side market risk roles at Landesbank Baden Wuerttemberg and Credit Suisse, and as financial controller at Siemens.

Thumbnail
Mark Aarons

Head of investment risk

VFMC

Mark joined VFMC in April 2018 as Head of Investment Risk.  He is also currently an Adjunct Associate Professor in the Centre for Quantitative Finance and Investment Strategies at Monash University.   Prior to his current role, Mark was Head of FICC Structuring at the National Australia Bank from 2010 to 2017, where he built a leading securitisation swap business in both Australia and the UK.  From 2004 to 2010 Mark held various roles at NAB in both Front Office and Market Risk.

Mark holds Bachelor degrees in Law and Science (both with Honours) from Monash University and a PhD in Mathematics jointly from the Max Planck Institute for Gravitational Physics and the Free University of Berlin, Germany.  Mark is also the co-author of a recent book on securitisation swaps which was published by Wiley Finance in March 2019.

Michael Clavin

Head of liquidity, fixed income and markets

First State Super

Michael’s key responsibilities include management and oversite of the Funds Cash and Fixed Income exposures, currency overlays, securities finance program as well as the funds centralised dealing function.  Michael is also responsible for the day to day running of the Funds internally managed derivative overlays and cash and short term credit mandates. 

Michael has over 16 years of experience in the Financial Services Industry and Prior to joining FTC, Michael was employed at JP Morgan as a Project Manager from June 2003 to 2007. Key role responsibilities included successful completion and implementation of projects relating to cash flow management, unit pricing and accounting.

Michael has a Masters’ degree in both Business

Thumbnail
Dominique d'Avrincourt

Investment manager

HESTA

Dominique d’Avrincourt joined HESTA in 2015 as an Investment Manager – Equities & Currency. Her main responsibilities include investment manager research and portfolio construction, and managing the alpha program for the listed equity investments and currency overlay program for listed equities. She joined the Superannuation industry in 2013 as a Senior Investment Specialist at Vic Super. She started her career at Goldman Sachs JBWere in 2004 in portfolio strategy before joining Merrill Lynch as an institutional equities research analyst and subsequently CBA Institutional Equities in a similar role.

Thumbnail
Alex Joiner

Chief economist

IFM Investors

Dr Alex Joiner is the Chief Economist at IFM Investors and also sits on its Investment Committee. He is responsible for the firm’s economic, financial market, policy and geopolitical analysis and forecasting that underpin its investment and portfolio management processes. He represents IFM with domestic and global clients as well as with governments, central banks, financial institutions and corporates. He has over 15 years professional experience and prior to joining IFM Investors, Alex was the Chief Economist (Australian & New Zealand) at Bank of America Merrill Lynch, a senior economist at ANZ Bank and an economist at the Victorian Department of Treasury. He holds a First Class honours degree in Economics and a PhD in Econometrics from Monash University. Alex is a committee member of Australian Business Economists and sits on the UN-supported Principles for Responsible Investment Macroeconomic Risks Advisory Group.

Thumbnail
Justin Lo

Portfolio manager

Sunsuper

Justin is an investment manager within the fixed income and currency team at Sunsuper. Justin joined Sunsuper in October 2013 and has over 11 years of industry experience. Prior to joining the firm, Justin worked at Legal & General Investment Management (London), J.P. Morgan (Sydney) and State Street (Sydney). Justin holds a Bachelor of Commerce (Finance) at Macquarie University, Masters of Financial Analysis at the University of New South Wales, is a CFA Charterholder, Certified FRM and Chartered Alternative Investments Analyst.

Taylor Ng

Manager, currency & portfolio analytics

NGS Super

Taylor is part of the internal investments team at NGS Super. He is responsible for managing currencies and provide insights for asset allocation decisions through various macroeconomics and quantitative analytics.

Throughout his career he has also involved in managing asset classes such as equities, fixed income and alternatives.

Taylor has over 12 years of experience in the Australian Superannuation Industry having worked at the Commonwealth Bank of Australia, ING and REST Industry Super prior to his role at NGS Super.

Taylor has graduated with degrees in Bachelor of Commerce (honours) from the University of Melbourne (majoring in Actuarial Science and Finance) and a Bachelor of Science degree from the University of Sydney.

Thumbnail
Theo Vosinidis

Head of investment risk and compliance

CBUS SUPER

Theo and his team are responsible for implementation of the risk and compliance framework in line with Cbus’ risk appetite. The team identifies new regulatory obligations that may impact Investments, undertake risk training, as well as Investment incident root cause analysis, operational due diligence of external investment managers, undertake risk assessments of new Investment initiatives and are responsible for internal and external mandate pre & post trade compliance.