TALENT GARDEN VILNIUS / ONLINE
NAVIGATING THE NEW REALITY
10th European Banking & Finance Conference
26 MAY '22 12:00 - 17:00
Nine annual conferences provided a platform to exchange ideas in financial sector trends and their impact on traditional banking, businesses and consumers. Many trends have been foreseen, but not the war.
The 10th Conference was meant to address sustainable finance, and this topic will be present. But the short and long-term impact of the war and possible solutions for businesses, while keeping the focus upon resilience, adaptation, and sustainable recovery, will now prevail.
How to navigate properly in this already changed banking and finance environment?
This Conference is for business as well as banking sector representatives. Do not miss a unique opportunity to learn about the future of Ukraine and Lithuanian finance.
Meet the Conference Speakers
H.E. Ambassador of Sweden
H.E. Inger Buxton is the current Ambassador of Sweden to the Republic of Lithuania. She has held that office since September 2020. Prior to that, Ms Buxton served as Deputy Director-General and Acting Head of Department for Global Agenda Department at Ministry for Foreign Affairs. She is also the former chairperson of the ESDC Steering Committee and the Political Military Group in the Council of the European Union during the Swedish Presidency in 2009 and served as the Swedish representative in those groups in 2008-2010.
Vice-Minister of the Ministry of Finance of the Republic of Lithuania
Currently Ms Vaida Česnulevičiūtė holds the position of the Vice-Minister of the Ministry of Finance of the Republic of Lithuania. In this position Vice-Minister V. Česnulevičiūtė is responsible for the areas of the European Union investments; international financial assistance; financial market policy; National Fund; Municipal Financial Affairs Group. In 2019-2020 she was the advisor to the President of the Republic of Lithuania for economics and innovations. From 2014 to 2019 Ms V. Česnulevičiūtė worked for the Bank of Lithuania in various leading positions. In October 2018 – May 2019 she underwent a traineeship at the European Central Bank. From 2009 to 2016 she worked for the law firm Eversheds Saladžius and the Financial Mechanism Office of the European Free Trade Association. Ms V. Česnulevičiūtė holds the Master’s Degree in Commercial Law obtained at Vilnius University. She also studied international banking and finance law at University College London.
Vice-Chairperson at Swedish Chamber of Commerce in Lithuania, Head of Financial Institutions and International Corporates at SEB bank
Akvilė Skiparė is an experienced banking professional. Over the past 16 years, she has been holding various Baltic leadership positions in corporate banking, including client relationship management departments with large international clients, financial institutions and cash management product sales. Ms. Skipare is passionate about talent growth, change leadership, diversity and sustainability.
Board Member at the Bank of Lithuania
Marius Jurgilas, Board Member at the Bank of Lithuania, is in charge of the fields of financial assets management and market operations, payment instrument policy and payment systems, as well as research. In recent years Marius has forged a reputation as a leading European thinker on the future of banking with expertise in the area of fostering innovation in the financial sector. During his tenure, Lithuania has emerged as a top jurisdiction for fintech companies within the EU under the leadership of the Bank of Lithuania.
Ex-Minister of Economic Development and Trade of Ukraine
Aivaras Abromavicius is currently Chairman of Agro Region (41,000 ha in Ukraine), Preses Nams (125,000m2 class A office development in Riga) and Ukrainian Corporate Governance Academy. Previously CEO Ukroboronprom (2019-2020), Minister of Economic Development and Trade of Ukraine (2014-2016) and Partner at East Capital (2002-2014). Just like the other speakers, Aivaras shall come to Vilnius and participate at the Conference in person.
Dr. Eivilė Čipkutė
President of the Lithuanian Banking Association
Economist dr. Eivilė Čipkutė was appointed President of the Lithuanian Banking Association in 2020. Previously E. Čipkutė worked as a senior policy advisor at the European Investment Fund office in Brussels, Belgium. She also served as senior advisor to the World Bank's Office of the Executive Director of the Nordic and Baltic Countries at World Bank's headquarters in Washington, D.C., USA. Before continuing her career in international institutions, E. Čipkutė worked at the Lithuanian Ministry of Finance, where she headed the Financial Markets Policy Department, was the board member and chairperson of several state-owned companies. Moreover, E. Čipkutė represented Lithuania in the Committees of the EU Council and the European Commission, dedicated to Finance and Banking. E. Čipkutė has obtained master's degree in international business at Georgetown University in the USA and has defended her doctoral dissertation in the field of social sciences and economics at Vilnius University.
Head of Independent Association of Ukrainian Banks Council
Senior executive, 15+ years experience in management and administration. Successful practice in the areas of management, budgeting and organization of business processes, taking into account specialization, consumer market analysis, selection, control and personnel management. Active participation in business development, tracking up-to-date business information, advocacy of entity's interests. Membership in Public Council under the State financial monitoring service; Membership in Public Council under the National bank of Ukraine; Membership in Public Council at the Parliamentary committee on tax and customs policy.
Head of EIB Group Office for the Baltic States
Marco Francini has been working as a banker at the European Investment Bank in charge of origination, appraisal and structuring of operations in Italy for corporates. He joined the EIB in 2010, covering a variety of roles for the technical and financial assessment of projects in several sectors across Europe in the Bank’s Projects Directorate. M. Francini has a background in Chemical Engineering and holds an MBA degree from MIP - Politecnico of Milan
Alex is a catalyst and a connector. He has a passion for empowering entrepreneurs and leaders to flourish while making a positive social and environmental impact. Alex's background is varied, having worked in the public, private and non-profit sectors. A person with many hats, Alex enjoys board roles with Unicef Lithuania, SumUp, Afriko and Create for Lithuania. On the executive side, he supports teams and individuals in fintech, edtech, ecommerce and venture capital. When Alex grows up he dreams of being a food anthropologist.
Vice President of European Markets at Nasdaq
Since 2017 Arminta serves as Vice President of European Markets at Nasdaq, responsible for the Post Trade revenue business unit ($37M in revenue, in 2021), which provides stock exchange, central securities depository (CSD) and other post trade services in Estonia, Latvia, Lithuania, Iceland, and Sweden. She chairs the Boards of Directors of regulated entities: Nasdaq CSD SE (CSD in Estonia, Iceland, Latvia and Lithuania), Nasdaq Vilnius AB (a stock exchange in Lithuania), Nasdaq Tallinn AS (a stock exchange in Estonia), Nasdaq Riga AS (a stock exchange in Latvia), Nasdaq Spot AB (an upcoming power exchange in Europe), as well as Wizer Solutions AB (post trade services in Sweden). In addition, Arminta is the General Manager of Nasdaq Vilnius Services, the entity which hosts a ca 350 talent strong Nasdaq’s Global Technology and Business Services Center in Vilnius, Lithuania. Arminta has a 25 years’ professional track record in the capital markets. During her career she served in various roles spanning marketing, market data, project management, product development, advancing to general management in 2007. During 2007-2017, she acted as President of Vilnius Stock Exchange and in 2012-2017 as VP, Head of Nasdaq Baltic Markets, leading the development and integration of the markets in Estonia, Latvia and Lithuania into a harmonized, well regulated and technologically advanced regional market. Arminta was also behind the pioneering consolidation, relicensing and replatforming of the 4 national CSDs into a single European entity, Nasdaq CSD SE, licensed under the EU CSD Regulation to provide services in 4 jurisdictions.
Dr. Aaron Maltais
Senior Research Fellow at the Stockholm Environment Institute, and Program Director of the Stockholm Sustainable Finance Centre
Aaron Maltais is Docent in Political Science, Senior Research Fellow at the Stockholm Environment Institute, and Program Director of the Stockholm Sustainable Finance Centre. He has over 20 years of experience working on climate and sustainability transitions, leading research and research teams. Dr. Maltais’s current research focuses on sustainable finance, green industry transitions, just transitions, and implementing the SDGs. Engagement with public and private actors and supporting them with actionable research and insights are central to his leadership of the Stockholm Sustainable Finance Centre and his research at SEI. Dr. Maltais also has a background in academia and has held teaching and research positions at Uppsala University and Stockholm University. He has expertise in climate change, environmental policy, international relations, ethics, democracy, and human rights.
Senior Vice President of the Global Listing Services and Head of European Listings for Nasdaq
Adam Kostyál is the Senior Vice President of the Global Listing Services and Head of European Listings for Nasdaq. Besides the European markets, Nasdaq has more than 120 companies that are either primarily listed or dual listed on Nasdaq in USA. Adam has been with Nasdaq for the past 15 years. He started his career at OMX as a Sales Director, and then became Head of the Strategic Initiative Groups in 2006. Most recently, Adam was VP of Market Technology Sales responsible for sales, account management, and business development for the European, Central and Eastern European regions. Prior to Nasdaq, Adam held various positions with Enron, Cell Network and Bloomberg. He holds a BSc in Economics and Marketing from Vrije Universiteit de Bruxelles and speaks four languages including English, Swedish, Italian and French.
Global Head of LC&I Services at Danske Bank
Group wide responsibility for customer and post trade services, operations, and transformational delivery across customer journeys, supporting all Retail, Personal, Commercial, Private, Wealth and Wholesale Customers across Transaction Banking, Markets, Asset Services, Custody & Investor Services, Corporate & Institutional Banking, Investment Banking & Securities Services, Tax Services, Wealth and Asset Management Partnering with Industry partners, Regulators and Customers to advance operating standards, efficiency and competition across products, services, and Markets Primary owner of post trade regulatory relationships, ensuring cross jurisdictional compliance 20 years experience, working across financial markets in the US, US, APAC, Europe, and the Nordics, leading teams across Operations, Finance, Risk, Technology, and COO units
Private Equity Advisor & Former Investment Banking Head
Oskar Lund is an activist investor currently serving as the Chairman of the Board of Nordic BioAnalysis AB, a Swedish Biolab focusing on bioanalytical development, ATMPs and Biologics, Board member of NitroCapt AB, a Swedish startup company making climate-neutral nitrogen fertilizers by mining the blue sky, and as operational CFO of Ilya Pharma AB, a Swedish-American synthetic biology-based biopharmaceutical company. Having spent the first half of his career in investment banking working as Vice-President for J.P. Morgan and as Head of Financial Institutions Group - Nordics at BNP-Paribas, Oskar moved into private equity in 2009 and has since advised and invested in a large number of emerging technology and biotech companies which all aim to change the world. Firmly grounded in the environment, Oskar practices permaculture, keeps chickens and enjoys the outdoors – both above and below the waterline.
President of the Lithuanian Free Market Institute
Elena is co-founder and President of the Lithuanian Free Market Institute (LFMI). Elena led LFMI from its inception until 2001 and returned to serve as the organisation’s president in early 2020. Elena Leontjeva played a key role in building the legal and institutional foundations for Lithuania’s economy, including the Currency Board and the Litas Credibility Law, the securities market, banking, tax and budget reforms, private pension insurance, downsizing state functions and deregulation known as the Sunset and Sunrise initiatives. She served as senior economic advisor to President Valdas Adamkus and state counsellor on economic reform issues under six administrations. Elena has co-created a documentary Sublime Thirst. She is the author of a novel “Базарная площадь, или История двух Жанн” (“The Market Square, or the Story of Two Joannes”).
Associate Partner at TGS Baltic
Indrė Barauskienė is an Associate Partner, Head of the Retail and Wholesale industry group and Attorney at Law at TGS Baltic. Indrė is a recognised expert in intellectual property, IT, communications, and media law. She has 15 years of experience in IP and technology & communications law. Indrė has extensive experience in IP related litigation, which covers disputes related to trademark and design cancellations, requests for injunctive reliefs and compensation for damages caused by IP infringement, copyright disputes, domain name hijackings, software piracy, etc. The world's leading legal directory The Legal 500 EMEA 2022 edition recognized Indrė Barauskienė as Next Generation Partner for intellectual property.
Meet the Moderator
Managing Partner, TGS Baltic
Vilius Bernatonis is listed as an excellent expert in energy, banking and finance, international dispute resolution, corporate, and commercial law by all best known and the most authoritative international legal directories. He is a leading expert in finance law who works with a variety of innovative projects, including the JESSICA holding fund in Lithuania, and development of securitization tools. V. Bernatonis is renowned for his expertise and forward-thinking initiatives.
12:00 – 14:00 I session
Perceptions & Perspectives
Vilius Bernatonis / Moderator
12:05 Opening Remarks
Akvilė Skiparė / Vice-Chairperson at the Swedish Chamber of Commerce in Lithuania; Inger Buxton / H.E. Ambassador of Sweden to Lithuania; Vaida Česnulevičiūtė / Vice-Minister of Finance
12:20 Fireside Chat
Aivaras Abromavičius / Ex-Minister of Economic Development and Trade of Ukraine
12:40 In light of new reality: are we still on the same track?
Marius Jurgilas / Board Member at the Bank of Lithuania
13:00 Banking perspective on how the new geopolitical context is shaping the new business reality
Eivilė Čipkutė / President of the Association of Lithuanian Banks
13:15 Banking system of Ukraine during the war. Overview of the key representative indicators.
Olena Korobkova / Head of Independent Association of Ukrainian Banks Council
13:35 The breaking point: new tensions between money, resources and people
Elena Leontjeva / President of the Lithuanian Free Market Institute
13:50 Panel Discussion
Arminta Saladžienė / Eivilė Čipkutė / Elena Leontjeva
14:30-17:00 II session
Sustainable development financing
Vilius Bernatonis / Moderator
14:30 The new reality – how to navigate in the IPO landscape
Adam Kostyál / Head of European Listings, Board Member, Nasdaq
14:50 European Investment Bank: Support to European Businesses
Marco Francini / Head of EIB Group Office for the Baltic States
15:10 The new normal. International sanctions a headache not just for banks
Indrė Barauskienė / Associate Partner at TGS Baltic
15:30 New sanctions requirements for financial institutions following the war in Ukraine
Nigel Walshe / Head of Large Corporates & Institutions Services at Danske Bank
15:50 Understanding the role of green bonds in advancing sustainability
Aaron Maltais / Program Director at the Stockholm Sustainable Finance Center
16:05 Building resilience for all
Alex Gibb / Portfolio Entrepreneur
16:25 Will the post-war world be greener?
Oskar Lund / Private Equity Advisor & Former Investment Banking Head
16:45 Closing Remarks
Vilius Bernatonis / Moderator
Date and venue:
26 May 2022 at Talent Garden Vilnius (Vilniaus str. 33, Lithuania)