FTI Consulting’s Partnership with the World Economic Forum (WEF)
As an industry partner of the World Economic Forum, FTI Consulting joins a select group of global companies who work with global leaders to shape global, regional and industry agendas that impact business and the economy. Our involvement means we are at the forefront of discussions in key global business and financial centres.
We were proud to take part in the Annual Meeting of the World Economic Forum in Davos, Switzerland, 23-26 January 2018. In addition to our leaders’ participation in the agenda-shaping plenary discussions, we hosted the following events:
Tuesday 23 January
A breakfast briefing together with Dow Jones Media Group entitled "Reputation in a post-truth world." The session will be chaired by John Waples, Vice Chairman of FTI Consulting EMEA and will feature:
- Katherine Bell: Editor-in-Chief, Barron's Magazine
- Francesco Guerrera: Head of EMEA, Dow Jones and Publisher, Financial News
- Dan Healy: Managing Director, Strategy & Research, FTI Consulting
- Duncan Mavin: Managing Editor, Dow Jones Media Group
Wednesday 24 January 2018
A breakfast briefing entitled "Foreign Investment: A New Era of Protectionism", featuring:
- Philip Lowe, Senior Advisor at FTI Consulting (former Director General for Competition, European Commission)
- John Davies, Partner and Co-head public interest and foreign investment group at Freshfields Bruckhaus Deringer
- David M. Marchick, Managing Director and Global Head of External Affairs of The Carlyle Group.
Thursday 25 January 2018
A breakfast briefing entitled "Disruptive Innovation: A New Technology Renaissance in Europe?”. This session will feature:
- Dr. Martin Brudermüller, Vice Chair of the Executive Board and Chief Technology Officer, BASF
- Ailish Campbell, Chief Trade Commissioner of Canada
- Bernard Charlès, Chief Executive Office, Dassault Systèmes
- André Loesekrug-Pietri, speaker of the Joint European Disruptive Initiative (J.E.D.I.) and founder of ACAPITAL, former Special Advisor of the French Minister of Defence
- Jamie Morin, Executive Director, The Aerospace Corporation’s Center for Space Policy and Strategy; formerly Head of Program Evaluation, US Department of Defense and CFO, US Air Force
On Tuesday 23 January delegates were also invited to our annual nightcap reception to digest the day’s events.
WEF Young Global Leaders
FTI Consulting is proud to be a member of WEF’s Partnering Against Corruption Initiative (PACI), which is the leading business voice on anti-corruption and transparency. It works with business leaders, international organizations and governments to address corruption, transparency and emerging-market risks. In this video Neal Hochberg, Global Leader of FTI Consulting’s Forensic & Litigation Consulting practice, explains how PACI is making such an important impact to the global economy.
Annual Meeting of the New Champions
Almira Cemmell is a Managing Director at FTI Consulting in London, co-leading the Global Risk & Investigations Practice. Almira is also a Young Global Leader of the World Economic Forum, a community of over 800 enterprising, socially-minded men and women selected under the age of 40, who are made up of leaders from all walks of life and from every region of the world. Here Almira tells us how she became a Young Global Leader (YGL) and why the role is so important to her.
Confidence in the Continent
The contribution of technology to the transformation of daily life was the focus of this year’s World Economic Forum “Annual Meeting of the New Champions” in China, although fast-moving events in the immediate aftermath of the UK’s Brexit vote partially altered the meeting schedule. More than 2,000 political and corporate leaders from more than 90 countries joined FTI’s Paul Marriott, Chairman of Asia, Strategic Communications, Hong Kong, and Pui Shan Lee, Senior Director, Strategic Communications in Shanghai, at the meeting in Tianjin.
FTI Consulting’s third annual survey ahead of the World Economic Forum’s 2016 Africa summit in Kigali builds on the findings of previous years, examining the ways in which opinion leaders perceive general risk and appetite for investment in the continent and discusses the drivers and sectors for continued commitment and development.
Competition Policy Use and Abuse
FTI Consulting’s Chairman Gerry Holthaus recently attended the WEF Chairman’s Retreat. In this short video, Gerry discusses the reasons for our involvement in the World Economic Forum, and our role at the forefront of discussions affecting economies and countries around the world.
Financial Services Culture
As part the company’s participation in the WEF meetings at Davos, FTI Consulting held a breakfast discussion at which an esteemed group of experts met to discuss whether or not competition policy authorities in some jurisdictions implement or enforce competition law in a discriminatory way. With 130 competition agencies operating around the world, each in a different environment with widely differing cultural considerations, needs and resources, there are frequently questions about whether these agencies are treating foreign companies fairly and equally in all cases.
Delivering sustainable growth, strengthening societies
The global economy has moved on from the crash of 2008 but the banking and broader financial services industries are still recovering from the shock. As recent events demonstrate there is a sense of fragility. Regulators and governments are responding to the continuing concerns of politicians, economists and the public and regularly challenging practices and behaviour within the sector. Firms consequently are investing heavily in actions to drive cultural change, against a challenging economic background.
Investment opportunities amid a backdrop of conflict
The recent meeting in Riviera Maya, Mexico found that improving the economic climate of the dynamic and diverse Latin American region in the face of inequality, is the key challenge facing policymakers. Debate centred on the need for governments to establish ways of managing political and legal institutions to safeguard economic stability and advance development across all population groups and sectors.
Understanding the Africa opportunity
The creation of economic growth despite the numerous regional conflicts is one of the key challenges facing the Middle East, and one of the main discussion points for delegates at this summit in Jordan. With Islamic State likely to remain a force for some time to come and other regional conflagrations unlikely to burn out anytime soon, investing in and supporting the Middle East’s bright spots looks like the best strategy for the future.
What Next: How Fast?
While Africa is an increasingly attractive business destination for multinational companies, the continent’s power centre is shifting and the region still faces a number of challenges which have the potential to stunt economic growth. At the regional meeting in Cape Town, delegates heard that financial investors will be keenly interested in the ability of governments to maintain the economic policies needed for dynamic growth, whilst also ensuring that political and security conditions are sufficient to support a strong business climate.
India’s continuing struggle with poverty, corruption, gender and social inequality has the potential to undermine the country’s ability to remain an emerging market leader, despite a business friendly government with ambitious plans for growth and development. This was the central theme of National Strategy Day on India, a two-day World Economic Forum meeting held in New Delhi on 3-4 November 2015. The meeting sought to discuss the apparent anomalies in India’s growth story and come up with strategies for overcoming the challenges the country faces.