44th IAFEI World Congress
Global Recovery Amidst Reforms
Manila, Philippines 16-17 October 2014
The Financial Executives Institute of the Philippines (FINEX) hosted the IAFEI World Congress for the 4th time at the Makati Shangri-la Hotel, Manila Philippines. The congress was well attended with about 300 delegates from FINEX and 34 foreign delegates from Canada, Chinese Taiwan, France, Germany, Italy, Japan, Mexico, Russia and Vietnam.
OCTOBER 15 - IAFEI MEETINGS, TOUR OF COCONUT PALACE AND WELCOME COCKTAILS
The IAFEI Executive Committee meeting was held in the morning of October 15 and this was followed by the Board of Directors Meeting during lunch and onwards.
After the meeting, the foreign delegates together with some members of the FINEX Board and organizing committee went to the Coconut Palace, the official residence of the Vice President of the Philippines, Jejomar Binay. They were given a tour of the palace.
The group proceeded to the Bangko Sentral ng Pilipinas (BSP) or Central Bank where the welcome cocktail was held. The group went around the Metropolitan Museum to view the classical gold and pottery collection from pre-colonial period. The Deputy Governor Diwa Guinigundo of the BSP, the host of the welcome cocktail, greeted the group followed by words of acknowledgment from FINEX President, Edmundo Soriano and IAFEI Chairman Luis Ortiz-Hidalgo.
DAY 1 - OCTOBER 16 - OPENING CEREMONIES, KEYNOTE SPEECH AND TECHNICAL SESSIONS
The 44th IAFEI World Congress was officially opened with the presentation of colors which was a parade of the IAFEI member institutes' banners and the flags of FINEX, IAFEI and the Philippines. After the invocation and the Philippine National Anthem, FINEX President Edmundo Soriano and Chairman Luis Ortiz-Hidalgo welcomed the delegates to the IAFEI World Congress. Ms. Carmen Seriña, the Chairperson of the Organizing Committee, gave an overview of the congress.
The keynote speaker, Philippine Secretary of the Department of Finance, Hon. Cesar Purisima set the pace for the day's activities which consisted of four technical sessions with the following topics: Global Financial/Economic Landscape, Global Asset Allocation Strategy, ASEAN Economic Integration 2015 and Lessons from the European Union and Global CFO Redefined.
GALA NIGHT
In the evening of October 16, the Gala Night was held at the Rizal Ballroom of the Shangri-la Hotel. During the Gala Dinner, the newly elected officers of IAFEI for 2015 were presented. The IAFEI slogan, “The Premier Global Society of the Financial Executives” was launched by Chairman Luis Ortiz-Hidalgo. The recognition of Past IAFEI Chairpersons was also part of the program where Chairman Luis gave medals (specially designed by him) to thank and acknowledge the selfless dedication of IAFEI Past Chairpersons.
After these ceremonies, everyone enjoyed the performance of the UP Concert Chorus which gave the audience non-stop entertainment that really deserved a standing ovation.
DAY 2 - OCTOBER 17 - BREAKFAST WITH ASIAN LEADERS AND MORE TECHNICAL SESSIONS
Asian IAFEI leaders from Chinese Taiwan, Japan, the Philippines and Vietnam met during breakfast on the 2nd day of the World Congress to exchange updates and views on IAFEI matters and to discuss initiatives that will strengthen IAFEI in Asia.
Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo opened Day 2 of the World Congress with his keynote speech. This was followed by more technical sessions with the following topics: Ethics, Governance and Anti-Corruption, Climate Change: Economic Risks and Opportunities, Managing Disaster Relief Operations, Business Process Outsourcing:Key Factors for Growth/Success of the BPO Industry in the Philippines (Luncheon Session)
The 44th IAFEI World Congress was officially ended with the closing remarks from the of IAFEI Advisory Council Chairperson, Dr. Conchita Manabat.
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