-  Understand the “art” of hedging theory and the development of a well designed hedging program

- Receive an inside look into how tenured treasury practitioners approach hedging decision

- Learn the tools and techniques available to execute the desired risk mitigation strategy for a company’s portfolio

- Discuss various methods used by best-in-class corporate treasuries to automate foreign exchange hedging

Moderator: Bob Richardson, Managing Director, FXpress

James Holtzman, Treasurer, Chanel Company Limited

Frank Milley, Assistant Treasurer, Polo Ralph Lauren

Judith Smith, Assistant Treasurer, Genzyme Corporation

12:00pm – 1:30pm — Luncheon Program - At the Center of the Enterprise: Global Financial Leadership
Finance has always been seen as a pivotal function, but the recent emphasis on enterprise-wide process and the accompanying technology has placed most senior finance executives in the middle of discussions that involve risk management, IT implementations, governance and compliance policies and the infrastructure of the supply chain. What kind of breadth of expertise does this require and what have become the most qualities that companies must look for in senior finance executives and those coming up through the pipeline?

 Moderator: Diane S. Reyes, Managing Director, Global Head, Treasury and Trade Solutions Sales, Citibank

Rochelle Tarlowe, Treasurer, Avis Budget Group

Joel von Ranson, Principal, Financial Officer Practice,
Spencer Stuart

1:45pm – 2:40pm —   Birth of the Single Euro Payments Area: Benefits for US Corporations

- The first days of European harmonization

- Viewpoints from the marketplace

- Steps to leverage new payment efficiencies

Moderator: Harold Young, Managing Director and Head of Payments, Global Transaction Banking - Cash Management, Deutsche Bank 

Aaron McPherson, Practice Director, Financial Services,
Financial Insights

2:40pm – 3:00pm — Refreshment Break 

3:00pm – 3:55pm — Global Liquidity

In today's market the opportunity cost of liquidity has become higher than it has been for several years. This session examines how corporations are reviewing current processes and practices to free trapped liquidity, optimize the use of cash across the firm, and allow for greater flexibility for funding business growth.

Market dislocations and the increased value of cash efficiency

-Key Drivers Today

- Changing regulatory environment

- New technology tools

- New banking techniques

            A holistic approach to optimizing liquidity

-End to End Integration

            Principles for success

Moderator: Elyse Weiner, Managing Director, Global Product Head Liquidity and Investments, Global Transaction Services, Citibank

Craig Callē, Former VP & Corporate Treasurer and divisional CFO, Gateway Inc.

Karl Witschonke, Assistant Treasurer, JM Huber

4:00pm – 5:00pm —   Enterprise Risk Management

Patrick T. Finegan, Senior Consultant, Corporate ERM Practice, Towers Perrin

Day 2 March 19, 2008 Wednesday

7:45am – 8:45 am — Continental Breakfast

7:45am – 8:45am

Breakfast Session - “Bullet Proofing” Treasury – A Best Practices Perspective

 Since the year 2000, we have seen no fewer than 6 material “events” (natural or financial crises) of a magnitude that has caused the typical company to veer away from their core activities.  As a result of these events, Treasury groups have often been required to invest significant resources and huge amounts of time to address the related “one-off” issues, or breakdowns in operational processes and practices.

This session is designed to present an effective strategy that Treasury groups can employ to position their functions more effectively, thus enabling Treasury to keep their eyes on core objectives.  This is accomplished through a carefully crafted structuring of treasury processes, practices, technology, staffing and policies.  Treasury functions that are successful in applying this strategy can achieve a perfect balance of readiness that enables them to achieve core objectives and still address any one-off crises as they occur. 

This session will be presented by Mike Gallanis, Partner of Treasury Strategies and leader of the firm’s Corporate practice.  Mike is an experienced treasury professional with over twenty years of corporate treasury and consulting experience.  Throughout his career, Mike has helped companies throughout the world, craft and deploy treasury best practices in all areas of their operations.

Mike Gallanis, Partner, Treasury Strategies

8:50am - 9:45 —   Transformation in China: New Opportunities and Challenges in Transaction Banking

- Infrastructural developments in clearing and their impact on treasury management

- Is the pace of change keeping up with the demands of multinational corporates?

- How to approach China's regulatory environment

- Using multiple banks to successfully navigate through China's cash management maze

Moderator: Daniel Rosenstein, Managing Director and Head of US Corporates Global Transaction Banking - Cash Management, Deutsche Bank

Ali Agha, Corporate Sales Manager, Global Transactiona Banking - Cash Management, Deutsche Bank

Dr. Yang Guohua, Counselor for Intellectual Property, Embassy of the People's Republic of China in the United States of America

- How much cash is enough?

- Setting an investment policy and risk tolerance levels

- How tight is the credit market really?

- Analysis of investments: Should you depend on S&P and Moody’s?

Moderator:  Jeffrey Wallace, Managing Partner, Greenwich Treasury Advisors LLC

Lisa Rossi, Managing Director, Global Head of Liquidity Management and Americas Head of Product Management, Global Transaction Banking - Cash Management, Deutsche Bank

10:45am – 11:05am — Coffee Break

11:05am – 12:00am —   Staying Ahead of the Automation Curve: How Treasurers and CFOs Can Take Advantage of Enterprise-Wide Technology

12:00pm – 1:30pm —   Luncheon Keynote

Mark Olson, Chairman,
Public Company Accounting Oversight Board (PCAOB)

1:45pm – 2:35pm —   Trends in FAS 123R Valuation: Market-based and Models
Post adoption of FAS 123R, issuers are now beginning to re-visit the assumptions and models they initially used to derive their option value. With an inherit desire to optimize expense, new and innovative methods and models have been developed – the question is – are they worth it from a time, cost and risk perspective? In this session, attendees will learn some of the key trade-offs when considering a revised valuation strategy from a best practices perspective. Also, attendees will be introduced to a cutting-edge new methodology called ESOARS via a case study with Zion’s Bank.