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NBK hosts symposium on dealing with volatile market conditions.

| KUWAIT, April 9 (KUNA) - National Bank of Kuwait (NBK) announced in a statement issued today that it would organize a specialized international symposium to discuss navigating global financial risks with world-renowned experts.

Mohamed El-Erian, William Rhodes, Josef Ackermann, Martin Feldstein and Edward Morse, all members of National Bank of Kuwait's (NBK) International Advisory Board, will take part in the symposium, slated for April 13.

These experts will offer insight into the euro zone's sovereign debt crisis. The debate includes economic, regulatory, legislative and energy issues.

El-Erian, is the CEO and co-CIO of PIMCO, the global investment management firm with 2.0 trillion of assets under management. He was recently appointed by President Barak Obama as the Chairman of his Council for International Development, USA.

Rhodes, a Senior Advisor for Citigroup, was senior vice chairman and senior international officer of Citigroup and Citibank. He gained a reputation for international financial diplomacy in the 1980s as a result of his leadership in helping manage the external-debt crisis that involved developing nations and their creditors worldwide. Ackermann, Chairman of Zurich Insurance Group, Switzerland and Former Chairman of Deutsche Bank Group, started his career at Schweizerische Kreditanstalt (SKA) in 1977. In 1990, he was appointed to the executive board of SKA, becoming its president in 1993. Feldstein, President Emeritus of NBER Professor of Economics, Harvard University, was Chairman of the Council of Economic Advisers and President Reagan's chief economic adviser.

Morse, Managing Director, Global Head of Commodity Research at Citigroup, previously worked at Lehman Brothers, Louis Capital Markets and Credit Suisse. He is a contributor to journals and was most recently ranked 23rd among the "Top 100 Global Thinkers of 2012" by Foreign Policy. NBK regularly invites world-recognized authorities on energy, economics and politics to Kuwait as part of its International Symposium series. Past speakers include former US Presidents George HW Bush and Bill Clinton, former Prime Minister of Singapore Lee Kuan Yew, former US Secretaries of State Colin Powell and Condoleezza Rice, Daniel Yergin, author Author of the acclaimed work, The Prize: The Epic Quest for Oil, Money and Power which won the 1992 Pulitzer Prize and G30 Chairman and former President of the European Central Bank Jean-Claude Triche. (end) mfs.ajs KUNA 091705 Apr 13NNNN

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Publication:Kuwait News Agency (KUNA)
Date:Apr 9, 2013
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