Speakers

Saumya Bhavsar

Global Head of Regulatory Affairs, Credit Suisse

Saumya Bhavsar is a Managing Director and the Global Head of Regulatory Affairs of Credit Suisse, based in Zurich.

Prior to joining Credit Suisse in August 2017, Saumya held a number of key positions with the US Department of Treasury, Euroclear Bank S.A., the European Commission as well as more recently at UBS where she was covering legal and regulatory for the cross-border merger of several European wealth management entities, cross-border legal for various markets as well as in litigation and regulatory investigations.

Saumya Bhavsar holds an LL.M degree from Georgetown University Law Center in Washington D.C., a Juris Doctor from University of Detroit School of Law, and a Bachelor of Arts in History from the University of Michigan.

Prof. Dr. Andreas Cahn

Executive Director of the Institute for Law and Finance, Goethe University

Andreas Cahn studied law at the Johann Wolfgang Goethe-University Frankfurt/Main and at the University of California at Berkeley, where he earned an LL.M. After his Second State Examination in Frankfurt he worked for 6 years as a research assistant at the University of Frankfurt. During this period of time he wrote his doctoral thesis on problems of managers’ liability (published in 1996) as well as his post-doctoral thesis on legal aspects of intra-group financing (published in 1998). In 1996 he took up the Chair of Civil Law, Commerce Law and Corporate Law at the University of Mannheim. Since October 2002 he is Director of the Institute for Law and Finance at Goethe-University in Frankfurt. He has published extensively on corporate law, capital markets law, the law of products liability, general civil law as well as on civil procedure. He is co-publisher of “Der Konzern”, a law journal focusing on company law, taxation and accounting of corporate groups, of “Corporate Finance law”, a journal with a focus on current legal issues corporate finance, co-editor of the Institute for Law and Finance Series and member of the editorial board of the law journal “European Company Law”.

Tamaz Georgadze

CEO, Raisin GmbH

Raisin co-founder and CEO Tamaz Georgadze is focused on partner bank acquisition, business development, and legal and regional expansion efforts. Prior to building and scaling Europe’s leading marketplace for deposit-insured savings products and investments, Tamaz spent ten years with McKinsey & Co., the last three as a Principal leading McKinsey's Savings and Investment products service line for EMEA countries, serving some of the largest retail, universal and wholesale banks in Europe and Asia. His core areas of expertise were performance management/organization, deposit gathering, direct banking, branch transformation, SME strategy and regulation. He holds a PhD in agricultural economics and honors law degree from the University of Giessen as well as an international economics degree from Tbilisi State University.

Christos Gortsos

Professor of Public Economic Law
Law School of the National and Kapodistrian University of Athens

Christos Gortsos is Professor of Public Economic Law at the Law School of the National and Kapodistrian University of Athens (tenured position). After having graduated from the German School of Athens (Dörpfeld Gymnasium) in 1979, he studied – at undergraduate and graduate level – law, economics and finance at the Universities of Athens, Zürich, Pennsylvania (Wharton Business School) and Geneva (Graduate Institute of International Studies), where he also received his PhD in International Banking Law.

Currently, and inter alia, he is also Visiting Professor of International and EU Financial Law at the European Institute of the University of Saarland, invited Professor at the European Institute of the University of Zürich, Research Partner in the University Research Priority Program (URPP): Financial Market Regulation of the University of Zürich, Academic Member of the European Banking Institute (EBI) and Academic Coordinator of the Monetary Committee of the International Law Association (MOCOMILA).

For the winter semester of the academic year 2017-2018 he was granted the Bernard Braudel Senior Fellowship at the European University Institute (EUI) in Florence and for the period September – October 2018 he was elected as Academic Visitor at St Antony’s College (Oxford University).

The main fields of his research interests and teaching include international and EU monetary and financial law, central banking law and institutional economics, fields in which he has also published extensively.

Univ.-Prof. Dr. Elke Gurlit

Professor of Public Law, Comparative Law and European Law, University of Mainz

Elke Gurlit was borne in Bremen, Germany. She acquired her Ph.D. in 1988 with a comparative study on freedom of information laws. In 2000, she habilitated with a comparative analysis on the law of public contracts at the Free University of Berlin. In 2002, Elke Gurlit was appointed to the Chair of Public Law, Comparative Law, and European Law at the Johannes Gutenberg-University Mainz. From 2011 to 2015, she served as a member of the State Constitutional Court of Bremen. Elke Gurlit teaches on a wide range of topics of administrative law, e.g. local government law, zoning law, environmental law, and business regulation. However, living close to the German capital city of financial markets, directed her research focus to matters of regulation and supervision of financial markets. Elke Gurlit likes academic co-operation with private law experts of Capital Markets Law and with economists.

Pentti Hakkarainen

Member of the Supervisory Board (ECB representative)

1987

Master’s degree in Economics, Helsinki School of Economics and Business Administration, Finland

1982

Master’s degree in Law (trained on the bench), University of Helsinki, Finland

February 2017

Member of the Supervisory Board of the Single Supervisory Mechanism (ECB representative)

April 2017

Member of the Steering Committee of the Supervisory Board

2002-2017

Deputy Governor, Suomen Pankki – Finlands Bank (2008-17)
Member of the Board, Suomen Pankki – Finlands Bank (2002-07)

2008-2017

Alternate, ECB Governing Council

2008-2017

Chairman of the Board, Financial Supervisory Authority of Finland

2014

Member of the Supervisory Board of the Single Supervisory Mechanism (Suomen Pankki – Finlands Bank representative)

1998-2001

CEO, Postipankki Ltd. / Leonia Bank / Banking business of Sampo Group

1995-1997

CEO, OKOBANK plc (1997)Executive Director and Member of the Board, OKOBANK plc (1995-96)

1985-1995

Finance Director, Outokumpu Corporation (1989-95)Assistant Financial Manager and Financial Manager, Outokumpu Corporation (1985-88)

1984-1985

Diplomat training course and attaché, Ministry for Foreign Affairs of Finland

1983-1984

Court training and locum posts for the circuit judge

“Modern banking supervision” - Speech by Pentti Hakkarainen

Elke König

Chair of the Single Resolution Board

Dr Elke König is Chair of the SRB, being responsible for the management of the organisation, the work of the Board, the budget, all staff, and the Executive and Plenary sessions of the Board. The General Counsel, the Policy Coordination and International Relations Unit, the Communications office and the Internal Audit function report directly to her.

She was President of the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)from 2012 until 2015. After qualifying in business administration and obtaining a doctorate, Dr König spent many years working for companies in the financial and insurance sector. From 1980 to 1990, she worked for KPMG Deutsche Treuhandgesellschaft in Cologne, auditing and advising insurance undertakings, from 1986 as a holder of a special statutory authority (Prokuristin) and from 1988 as a directorand partner.

From 1990 to 2002, Dr König was a member of the senior management of the Munich Re Group (Head of Accounting); she then moved to Hannover Rückversicherung AG as Chief Financial Officer. From 2010 to the end of 2011, Dr König was a member of the International Accounting Standards Board (IASB) in London. Dr König was also a representative of the Supervisory Board of the Single Supervisory Mechanism.

Sandra Kumhofer

Director Regulatory, FinLeap GmbH

Sandra is an Austrian lawyer with more than 8 years experience in German, Austrian and European supervisory law.
She joined finleap in 2015 and has been involved in the building of all 16 portfolio companies of finleap, 4 out of them BaFin regulated.

Previously, Sandra spent 4.5 years working as a lawyer at DLA Piper in Vienna in the Litigation & Regulatory department.

In 2018 Sandra got selected as member of the European Commission’s Expert Group Regulatory Obstacles to Financial Innovation.

Henning Soller

Partner bei McKinsey & Company

Work experience

McKinsey & Company Partner
January 2019 – present

Partner

January 2019 – present
Strategy Consulting with IT focus

Associate Partner

July 2016 – December 2018
Strategy Consulting with IT focus

Engagement Manager

December 2015 – June 2016
Strategy Consulting with IT focus

Senior Associate

April 2014 – December 2015
Strategy Consulting with IT focus

Associate

April 2013 – March 2014
Strategy Consulting with IT focus

Education

Ruprecht-Karls-Universität Heidelberg
Dr.rer.nat., Physics  (2003-2013)

Fernuniversität Hagen
Diplomain Business Administration (2003-2011)

Fernuniversität Hagen
Diplomain Mathematics  (2006-2008)

University of Oregan
Master of Science (M.S.), Physics (2005-2006)

Joachim Wuermeling

Member of the Executive Board, Deutsche Bundesbank

19 July 1960
Born in Münster
Academic training in Bayreuth, Erlangen, Dijon and Florence:

  • Law degree and PhD
  • Master of European, International and Comparative Law

1989- 1993

Personal secretary to the chief of staff and expert on European affairs at the Bavarian representative office in Bonn

1993 – 1995

Head of section for European affairs at the Bavarian State Chancellery in Munich

1999 – 2005

Member of the European Parliament (CSU), primarily responsible for legal and economic topics, Strasbourg and Brussels

2005 - 2008

State secretary (with civil servant status) at the Federal Ministry for Economics and Technology, where he was responsible for coordinating European policy matters

2008 - 2011

Member of the Executive Board of the German Insurance Association (Gesamtverband der Deutschen Versicherungswirtschaft e.V.), Berlin

2011 – 2016

Chairman of the Board of Directors of the Association of Sparda-Banken, Frankfurt/Main

Since 11/2016

Member of the Executive Board of the Deut­sche Bun­des­bank, currently responsible for the Directorates General Banking and Financial Supervision, Information Technology and Risk Control

ECB Supervisory Board – member
Basel Committee on Banking Supervision (BCBS) – member
German Financial Stability Committee – member
Bank for International Settlements (BIS) – alternate, Board of Directors

Activities outside the Bundesbank

  • E-Finance Lab at the House of Finance – Chairman of the Council
  • Europa-Union Deutschland e.V. – Treasurer
  • Förderverein der Europa-Union Deutsch­land e.V. – Treasurer
  • Institute for European Politics – member of the Board of Trustees
    SAFE Policy Council – Mitglied
  • University of Potsdam – lecturing post in European politics; honorary professorship since 2011

Markus Benzing

Partner, Freshfields Bruckhaus Deringer LLP

Markus Benzing has been a partner of Freshfields Bruckhaus Deringer since 2018 and works in the Frankfurt office.

Markus advises clients from the financial sector on all aspects of financial regulatory issues. His clients mainly comprise banks, trading venues, asset managers and other regulated entities.

In addition, Markus regularly advises corporates from other sectors on a range of regulatory issues relevant to their business. He also helps clients (in particular listed companies) with regard to capital markets compliance issues (such as market abuse rules of MAR) and represents clients in administrative proceedings before a number of supervisory authorities, including the ECB (within the Single Supervisory Mechanism, SSM) and BaFin, as well as in national and EU courts. Markus speaks German, English and French.

Brexit - Taking stock after the European Council meeting

Alexander Glos

Partner, Freshfields Bruckhaus Deringer LLP

Alexander Glos has been a partner of Freshfields Bruckhaus Deringer since 2009 and works in the Frankfurt office. He is a member of the law firm’s corporate and finance practice groups and specialises in commercial banking and capital markets law, with a focus on banking regulation. He was on secondment with the legal department of Deutsche Bank in Frankfurt in 2006.Alexander Glos was born in Schweinfurt, Germany, in 1974. He completed his legal education, including a doctor of laws (Dr iur) degree, at the University of Passau. He also has a French degree (Maître en Droit) from the University of Toulouse. Alexander joined the firm in 2003 and speaks German, English, French and Russian

Banking Union conference presentation

Ausblick auf die Gesetzgebung im Finanzaufsichtsrecht für 2019

Banking Union
AML supervision — institutional framework and recent developments