Reserve management in a volatile world
This lunchtime event convenes high-level officials from central banks, other official institutions, international organisations and financial market participants to explore how central banks are navigating a challenging macroeconomic and geopolitical environment.
Topics for discussion include evolving reserve management strategies, operating models and the role of external managers, asset allocation decisions and currency diversification.
The insights gleaned from this event, combined with a series of bilateral meetings with leading central banks and findings from OMFIF’s GPI 2025, informs a research report, publishing in November 2025.
Speakers
Larry Cofsky
Partner, Co-Head of Fixed Income Research
Bridgewater Associates
Larry Cofsky
Partner, Co-Head of Fixed Income Research
Bridgewater Associates
Marius Ignotas
Director, Market Operations Department
Lietuvos bankas
Marius Ignotas
Director, Market Operations Department
Lietuvos bankas
Min Soo Kwon
Deputy Governor
Bank of Korea
Min Soo Kwon
Deputy Governor
Bank of Korea
Laide Majiyagbe
Head of Financing and Liquidity
BNY
Laide Majiyagbe
Head of Financing and Liquidity
BNY
David Marsh
Chairman
OMFIF
David Marsh
Chairman
OMFIF
David Marsh is Chairman and Co-Founder of OMFIF. Before starting at OMFIF in late 2009, he worked for City merchant bank Robert Fleming, corporate finance boutique Hawkpoint, German management consultancy Droege and London investment firm London & Oxford. Marsh took over the chairmanship from John Plender on 1 January 2018 having been Managing Director since 2014. He moved to a non-executive role following John Orchard’s appointment as Chief Executive effective 1 January 2020.
Kirstie Spence
Fixed Income Portfolio Manager
Capital Group
Kirstie Spence
Fixed Income Portfolio Manager
Capital Group
Tuomas Välimäki
Member of the Board
Bank of Finland
Tuomas Välimäki
Member of the Board
Bank of Finland
Katarzyna Zajdel-Kurowska
Director, Asset Management and Advisory
World Bank Treasury
Katarzyna Zajdel-Kurowska
Director, Asset Management and Advisory
World Bank Treasury
Timings
12:00 – 12:30 Arrival & lunch
12:30 – 12:40 Welcome remarks
12:40 – 13:40 Panel discussion
13:40 – 13:55 Q&A
13:55 – 14:00 Closing remarks
Sponsors
