Developments in the market and what to expect
Lending products to support the transition
Followed by Q&A.
Ian has over 30 years Treasury experience and was responsible for the Bank’s funding and liquidity for 10 years from 2009. He is now the Group’s IBOR Transition Director, responsible for the overall transition programme whilst maintaining a significant external presence across the industry and with regulators to help shape and deliver IBOR transition. He is a member of the UK Working Group on Sterling Risk-Free Reference Rates and has served on a number of Task Forces, including Tough Legacy, Term Rates and Loans Enablers. He has been a member of various senior Bank of England market governance committees since 2003 and has been Deputy Chairman of the London Money Market Association for over 15 years.
Phil leads up our Commercial Banking Lending Product team specifically for IBOR transition. Prior to that he was worked in a number of roles within Lloyds Bank including loan product management, derivative sales, strategy, and credit.
Shaun Kennedy is Group Treasurer at Associated British Ports, responsible for leading the group’s treasury and insurance functions. Shaun has extensive treasury experience and a strong track record working within long term UK infrastructure with previous roles at Affinity Water and Notting Hill Housing Trust amongst others. Shaun is an Associate Member of the Association of Corporate Treasurers and represents Associated British Ports as a member of the Working Group on Sterling Risk-Free Reference Rates.
James joined the ACT Policy & Technical team in September 2019 with 30 years’ experience of international finance, most recently within Group Treasury of Royal Dutch Shell plc as Head of Regulatory Affairs, Head of Compliance and Controller of Group Pensions. James is a qualified accountant (ACMA/CGMA), with a degree in Law & Politics, who has worked in UK, Africa, South America & Middle East. He has been CFO/Finance Manager of various entities in the energy, commodities, technology and not for profit sectors. James enjoys engaging with stakeholders and has contributed to many working groups, including the FSB’s Market Participants Group on reforming interest rate benchmarks.
This webinar on IBOR Transition – How prepared are you in the current crisis? took place on Wednesday 1 July
The ACT has been working closely with other interested parties (trade associations, benchmark providers, the FCA and BoE) to develop a range of resources to help you through the transition.
