International Corporate Finance

INTERNATIONAL CORPORATE FINANCE 50 LEADERS

Governor of Banca d’Italia from 2006 to 2011

Former Managing Director at Goldman Sachs International

Assumed the presidency of the IDB in October 2005

Served as Minister of Economic Development in Colombia

Named a Knight of the National Order of the Legion of Honor in 2013

Played a key role in the privatization of France’s state-owned industries

The President of the European Central

Bank has been responsible for dealing

with the fallout from the eurozone’s

debt crisis. His strategy is based on fi-

ghting European economic stagnation

with an aggressive course of quantita-

tive easing. In a recent statement Dra-

ghi estimated that the eurozone would

grow in annual terms by 1.6 percent

in 2016 and by 1.7 percent in 2017

and 2018. During his time as Director

General of the Italian Treasury (from

1991 to 2001) Draghi played a signifi-

cant role in reducing Italy’s public debt

and was nicknamed “Super Mario” for

his ability to navigate Italian politics.

In the turmoil following the Brexit,

Europe’s economy will probably need

a talent of superheroic proportions to

face its next challenges.

During Moreno’s mandate, the IDB

has undergone several changes, such

as increasing the number of women

in positions of leadership and stren-

gthening transparency and accounta-

bility mechanisms. As President, Mo-

reno launched the first Environmental

Safeguards Unit at a multilateral bank

and the ninth General Capital In-

crease, an expansion of financial and

technical assistance to Latin America.

Over the last 10 years or so, Moreno

has led 30 IDB international summits

and overseen new platforms and ini-

tiatives, such as Emerging and Sustai-

nable Cities and Connect Americas,

the first social network for Latin Ame-

rica and Caribbean businesses. More-

no also leads the Group of Presidents

of Multilateral Development Banks.

Since graduating from HEC Paris in

1980, Javary has spent her whole career

in the field of investment banking. Her

expertise in capital market transactions

ranges from IPOs to privatizations

and M&A. After spending 16 years

at Rothschild as a general partner,

she joined BNP Paribas in 2011. She

currently heads the Corporate Finance

division for the EMEA region at BNP

Paribas and is largely responsible for a

portfolio of large strategic clients. Under

her determined leadership, BNP swiftly

carried out a €394m stock offering for

the French retail group Carrefour, with

almost no marketing.

She also teaches the “Legal &

Contractual aspects of Corporate

Finance” elective to master’s students at

HEC Paris.

Mario Draghi

President, EUROPEAN CENTRAL BANK

Ranked by Forbes as one of the 10 most

powerful women in the world

Selected to serve a second term at the IMF

Christine Lagarde is the eleventh Ma-

naging Director of the IMF, and has

been selected to lead a second five-

year term starting July 2016. This

contract extension is evidence that

the IMF have faith in Lagarde’s ability

to steer the global economy to safer

shores. Notable achievements that

have helped her secure this position

include the successful negotiation of

a €750 billion European Union res-

cue fund during the financial crisis

of 2008-09 as well as the many firsts

associated with her name - First fe-

male Global Head of law firm Baker

& McKenzie and first women to be

named Minister of Finance and Eco-

nomy in France. Ms. Lagarde’s strong

educational background in law and

political science has also played a

key role in her remarkable success.

First women to be named Chair of the FED

A veteran economist with strong past ties to

policy making organizations

Chair of the Board of Governors of

the Federal Reserve System as of

February 2014, Janet L. Yellen also

serves as Chair of the Federal Open

Market Committee. A notable fi-

gure in academia, Dr. Yellen’s asso-

ciation with the FED dates back to

the 1970s, when she worked for the

Board of Governors as an economist.

Ever since completing her education

at Yale University, she has been asso-

ciated with prestigious academic insti-

tutions including Harvard University,

the University of California at Berkley

and the London School of Economics

as a professor. In addition, Dr. Yellen

has helped transform various govern-

ment organizations such as the Coun-

cil of Economic Advisers, the OECD,

and the Federal Reserve Bank of San

Francisco.

Luis Alberto Moreno

President, INTER-AMERICAN DEVELOPMENT BANK (IDB)

Sophie Javary,

Head of Corporate Finance EMEA, BNP PARIBAS

Christine Lagarde

Managing Director,

INTERNATIONAL

MONETARY FUND (IMF)

Janet L. Yellen

Chair, FEDERAL

RESERVE (FED)

© IDB