World outlook: the geoeconomic landscape in the first year of Trump 2.0
In an era where protectionism, geopolitical tensions and volatile policy-making are becoming norms, OMFIF brings together expert speakers to discuss the geoeconomic landscape in the first year of the second Donald Trump administration.
Key topics for consideration include the durability of the changes to the macroeconomic landscape, China and trade disputes with the US, the resilience of Europe following the pledges to increase defence spending and the longer-term effects of Trump’s economic legacy.
Proceedings are off the record to encourage open dialogue. The seminar is in person in London, with a limited number of places available.
This session is part of a programme featuring speakers from across the public and private sectors, focusing on the geoeconomic landscape and the rapprochement between the UK, Germany and the European Union. It culminates in a reception at the German Embassy to mark the publication of Can Europe Survive? The Story of a Continent in a Fractured World by David Marsh, chairman of OMFIF. Marsh will be joined by Joachim Nagel, president of Deutsche Bundesbank, to discuss the findings of his book.
Speakers
Vítor Constâncio
Vice President (2010-18)
European Central Bank
Vítor Constâncio
Vice President (2010-18)
European Central Bank
Vice President, European Central Bank (2010-2018); Governor, Banco de Portugal (2000-2010)
Lord (John) Kerr
Member
House of Lords
Lord (John) Kerr
Member
House of Lords
John Kerr is an Independent Member of the House of Lords and chairs the Centre for European Reform.
He was Geoffrey Howe’s and then Nigel Lawson’s Treasury Private Secretary (1981/4), Ambassador to the EU (1990/5) and the US (1995/7), Foreign Office Permanent Secretary (1997/2002), and Secretary-General of the European Convention (2002/3). Subsequently he became Chairman of Imperial College London, Deputy Chairman of Royal Dutch Shell, and a trustee of the National Gallery (and the Rhodes, Fulbright and Carnegie
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.
Philip Middleton
Deputy Chairman
OMFIF
Philip Middleton
Deputy Chairman
OMFIF
Philip Middleton is Deputy Chairman at OMFIF. He is a Director of Rifle House Capital Ltd and a Commissioner at the Guernsey Financial Services Commission, the regulatory body for the finance sector in the Bailiwick of Guernsey. He was formerly a senior Partner and Head of Central Banking at professional services firm EY, where he specialised in strategy consulting and services to governments and other public institutions across Europe, the Middle East, India and Africa.
He has also held several roles within KPMG, including Partner and European Head of Financial Services Strategy Consulting. He holds degrees in History and Modern Languages from The Queen’s College, Oxford University, and an MBA from INSEAD.
Pier Carlo Padoan
Minister of Economy and Finance
Italy (2014-18)
Pier Carlo Padoan
Minister of Economy and Finance
Italy (2014-18)
Pier Carlo Padoan has been Chairman of UniCredit since April 2021. He was Minister of Economy and Finance from February 2014 to May 2018 and Member of Parliament from February 2018 to May 2020.
From June 2001 to August 2005 he was Executive Director at the International Monetary Fund (IMF) and from 2007 to 2014 he served as Chief Economist and Deputy Secretary General at the Organization for Economic Co-operation and Development (OECD).
He has been Full Professor in Economics at the La Sapienza University in Rome and has taught at various universities abroad.
Peter Praet
Member, Executive Board
European Central Bank (2011-19)
Peter Praet
Member, Executive Board
European Central Bank (2011-19)
Former ECB Executive Board member and Chief economist from 2011 to 2019. He was responsible for preparing the monetary policy meetings and making the proposals for the policy decisions and communication. Previously he was Executive Board member of the central bank of Belgium, Chief of Staff of the Minister of Finance of Belgium, Chief economist of Générale de Banque (then Fortis Bank), economist at the International Monetary Fund, Professor of Economics at Université Libre de Bruxelles (ULB). He has served on several high-level international and European committees, in the BIS, the European Union and the OECD.
Peter Praet is currently Senior Fellow, Solvay Brussels School of Economics and Management, Université Libre de Bruxelles. Distinguished Fellow CEPR.
Anne Simpson
Vice Chair
OMFIF
Anne Simpson
Vice Chair
OMFIF
Ignazio Visco
Governor
Banca d’Italia (2011-23)
Ignazio Visco
Governor
Banca d’Italia (2011-23)
Ignazio Visco is Governor Emeritus of the Bank of Italy. After a long career with the Bank of Italy that began in 1972, Ignazio Visco was appointed Governor in November 2011 and renewed in November 2017; his second term ended on October 31, 2023. The following November he was awarded the title of Governor Emeritus by the Board of Directors of the Bank of Italy.
As a governor Mr Visco was a member of the Governing Council and General Council of the European Central Bank, of the Board of Directors of the Bank for International Settlements and of the Boards of Governors of the International Bank for Reconstruction and Development and the Asian Development Bank.
From 1997 to 2002 he was Chief Economist and Head of the Economics Department of the OECD in Paris. Mr Visco graduated from the University of Rome and obtained a Ph.D. in Economics from the University of Pennsylvania. The author of numerous articles and books on economics and finance, he also taught Econometrics and Economic Policy at “Sapienza” University of Rome.
Timings
08:30 – 08:55: Registration and refreshments
08:55 – 09:00: Welcome and opening remarks by Lord Norman Lamont, Member, House of Lords
09:00 – 10:15: Roundtable
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