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The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Content<br />

Programme page 2<br />

Contribu<strong>to</strong>rs page 3<br />

<strong>DEG</strong> Profile page 6<br />

Introduction page 7<br />

Links page 8<br />

Participants page 10<br />

Feedback page 14<br />

1


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Programme<br />

From 9.00 Check-in<br />

10.00 Welcome address and introduction Dr Winfried Polte, Chairman of the Board of Management of <strong>DEG</strong><br />

10.15 Causes of the economic crisis<br />

10.45 Discussion<br />

11.15 Coffee break<br />

11.30 Russian private banks during the crisis<br />

11.50<br />

12.10 Discussion<br />

12.30 Lunch<br />

13.45<br />

14.15 Discussion<br />

14.45<br />

15.05<br />

15.25 Discussion<br />

Agricultural finance during the crisis –<br />

the Latin-American experience<br />

Impact on the developing countries and<br />

necessary actions <strong>to</strong> be taken<br />

The market situation from the perspective<br />

of a producing company in Eastern Europe<br />

The market situation from the perspective<br />

of a producing company in Asia<br />

15.45 Coffee break<br />

16.00<br />

16.30 Discussion<br />

Co-ordinated initiatives taken by the<br />

development finance institutions<br />

17.00 Closing remarks<br />

17.15-18.00 Get-<strong>to</strong>gether (with food and beverages)<br />

Prof Rolf J. Langhammer, Vice President,<br />

Kiel Institute for the World Economy<br />

Prof Vasily Vysokov, Chairman of the Board of Direc<strong>to</strong>rs,<br />

Bank Center-Invest<br />

Benjamin Fernandez, Chief Executive Officer,<br />

Latin American Agribusiness Development Corporation S.A.<br />

Heidemarie Wieczorek-Zeul,<br />

Federal Minister for Economic Cooperation and Development<br />

Hans Peter Ingenillem, General Partner,<br />

Knauf Group<br />

Aloke Lohia, Group Chief Executive Officer,<br />

Indorama Ventures Limited<br />

Christian Grossmann, Direc<strong>to</strong>r of the Corporate Strategy<br />

Department, International Finance Corporation<br />

Nanno Kleiterp, Chief Executive Officer,<br />

Netherlands Development Finance Company (FMO)<br />

2


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Contribu<strong>to</strong>rs<br />

Host<br />

Hans Jessen<br />

Hans Jessen is a reporter, presenter and chief edi<strong>to</strong>r of the regional television news show ‘buten un binnen’ produced by the public<br />

broadcasting corporation Radio Bremen.<br />

He studied German language and literature, political science, sociology, psychology and education, qualifying as a teacher in 1979. After<br />

his degree, he initially worked as a journalist at ‘NDR-Zeitfunk’. In 1986, Mr Jessen started his career as an edi<strong>to</strong>r at Radio Bremen and<br />

became chief edi<strong>to</strong>r in 1990. During 1999 and 2006 he left Radio Bremen and served as a television correspondent at the ARD’s studio in<br />

the capital city of Berlin, where he mainly focused on foreign policy, development cooperation and environmental issues. Shortly after, he<br />

was appointed chief edi<strong>to</strong>r of the news show ‘Bericht aus Berlin’. In September 2006, Mr Jessen returned <strong>to</strong> Radio Bremen. Since then, he<br />

has been working as the chief edi<strong>to</strong>r and presenter of the regional television news show ‘buten un binnen’. He is also a member of an<br />

international training team. He has been organising courses in television journalism in Western and Eastern Europe since 1994 and has<br />

hosted numerous events concerning development cooperation.<br />

Speakers<br />

Dr. Winfried Polte<br />

Dr Winfried Polte is Chairman of the Board of Management of <strong>DEG</strong>.<br />

He was born in Sorau (Germany) in 1944. In his early years, he successfully completed an apprenticeship at Deutsche Bank and graduated<br />

from the University of Cologne with a doc<strong>to</strong>rate in economics and social sciences. After university, he worked as a project manager in the<br />

African Department at KfW Bankengruppe (KfW banking group) in Frankfurt am Main. In the following years, he gradually became<br />

division chief for North African countries, headed the Strategic Planning Department followed by the landbased infrastructure<br />

department of the export and project financing. Later he became Senior Vice President for Africa, the Middle East, Latin America and the<br />

Caribbean for the development cooperation. He has been Chairman of the Board of Management of <strong>DEG</strong> in Cologne since 2001.<br />

Prof. Rolf J. Langhammer<br />

Prof. Rolf J. Langhammer is Vice President of the Kiel Institute for the World Economy.<br />

Prof. Rolf J. Langhammer was born in Bad Wildungen (Germany) in 1947. He studied economics at Christian Albrecht University in Kiel,<br />

received his doc<strong>to</strong>rate in 1977 and was awarded several research fellowships and international professorships. In November 1995, he<br />

became an honorary professor in international economic relations and development economics at the Faculty of Economics, Business<br />

Administration and Social Sciences at Kiel University and headed the Development Economics and Global Integration research<br />

department at the Kiel Institute for the World Economy. He is Vice President since 1997 and pursued the position as acting President in<br />

2003/2004. In addition <strong>to</strong> that, Prof. Langhammer has served as a consultant <strong>to</strong> a number of international institutions (EU, World Bank,<br />

OECD, UNIDO, ADB) and <strong>to</strong> the German ministries of economic affairs and economic cooperation. His field of research covers trade<br />

patterns, trade policies, regional integration and international capital flows. He is also a member of the Scientific Advisory Council of the<br />

Federal Ministry for Economic Cooperation and Development, and has contributed <strong>to</strong> many professional journals and publications.<br />

3


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Prof. Vasily Vysokov<br />

Prof. Vasily V. Vysokov, who was born in Russia, is Chairman of the Supervisory Board of Center-invest Bank.<br />

From 1976 on, he studied economics at the State Institute of National Economy in Ros<strong>to</strong>v, before continuing his studies at Novosibirsk<br />

State University from 1982 on. In 1995, Prof. Vysokov graduated from the School of the Central Institute for Economics and Mathematics<br />

at the USSR Academy of Sciences and the Academy of International Ecology and Vital Activity. He has a PhD in economics. During his<br />

studies, he was an assistant professor, senior lecturer and associate professor at the Department of National Economic Planning at the<br />

Ros<strong>to</strong>v State Institute of National Economy. In 1991, he became Head of the Centre of Economic Assistance <strong>to</strong> market conversion at<br />

Ros<strong>to</strong>v Regional Administration, and in 1997 he served as General Direc<strong>to</strong>r of the Federal Fund for SME Support for one year in Moscow.<br />

In 1992, he was appointed Deputy Chairman and in 2002 he became Chairman of the Board of Direc<strong>to</strong>rs at JSC Center-invest Bank. To<br />

date, Prof. Vysokov has also published more than 200 works on economic problems and the development of SMEs in the South of Russia.<br />

Benjamin Fernandez<br />

Benjamin Fernandez is President and Chief Executive Officer of Latin American Agribusiness Development Corporation S.A. (LAAD).<br />

Benjamin Fernandez was born in Cuba of Spanish parents and raised in Asturias, Northern Spain. He emigrated <strong>to</strong> the United States of<br />

America <strong>to</strong> study and received a bachelor’s degree in business administration and accounting from Florida International University. He has<br />

also completed the advanced executive management programme at Harvard Business School and the executive management programme<br />

in strategy and organisation at Stanford Graduate School of Business.<br />

Before his career at LAAD began in 1976, Mr Benjamin Fernandez worked as an audi<strong>to</strong>r for two years at PricewaterhouseCoopers in<br />

Miami, USA. He also served on the board of Florida International Bankers Association (FIBA) and Gulliver Schools. In 1976, he started in<br />

development banking with LAAD as a staff accountant. He later became comptroller and also served as Vice President of Operations and<br />

Executive Vice-President. During his 33 years at LAAD and in development banking, he has successfully headed several projects and made<br />

significant contributions <strong>to</strong> the regional agribusiness development of Latin America.<br />

Heidemarie Wieczorek-Zeul<br />

Heidemarie Wieczorek-Zeul is the Federal Minister for Economic Cooperation and Development.<br />

Heidemarie Wieczorek-Zeul was born in Frankfurt am Main (Germany) in 1942. She studied his<strong>to</strong>ry and English and worked as a school<br />

teacher for ten years. During this time, she also started her political career as a member of the Social Democratic Party of Germany. In<br />

1968, she became a <strong>to</strong>wn councillor in Rüsselsheim. Six years later, she became Federal Chairperson of the SPD Youth Organisation<br />

‘Jungsozialisten’. She held this position for three years and has also served in the European Parliament for almost ten years. Mrs<br />

Wieczorek-Zeul has been a member of the German Bundestag (German parliament) since 1987. In 1998, she became Federal Minister for<br />

Economic Cooperation and Development.<br />

Hans Peter Ingenillem<br />

Hans Peter Ingenillem is a General Partner at the German Knauf Group.<br />

Mr Hans Peter Ingenillem is 64 years old and has an MBA. He started as the Head of Knauf Gips KG in 1991 and became Chief Financial<br />

Officer (CFO) in 2006. Mr Hans Peter Ingenillem has been Group Chief Officer since January 2008. Knauf is a family company which was<br />

established in 1932. In the course of its 70-year his<strong>to</strong>ry, the company has developed in<strong>to</strong> a global opera<strong>to</strong>r. The Knauf Group specialises in<br />

the production and distribution of building materials and systems.<br />

4


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Aloke Lohia<br />

Aloke Lohia is Group Chief Executive Officer of Indorama Ventures Limited.<br />

He is 50 years old and has a BA from the University of Delhi, India. Prior <strong>to</strong> Indorama Ventures Limited, he worked at the first Indorama<br />

enterprise – established by his father in Indonesia – for approximately ten years. In 1991, his wife joined the business and they moved <strong>to</strong><br />

Bangkok, Thailand, in 1998, where Mr Aloke Lohia founded Indorama Thailand. Mr Aloke Lohia is now Group Chief Officer at Indorama<br />

Ventures Limited, an enterprise dedicated <strong>to</strong> the consolidation and integration of the polyester value chain. The holding company is<br />

represented in Europe, Asia and the USA and is a global leader in the PET industry.<br />

Christian Grossmann<br />

Christian Grossmann is Direc<strong>to</strong>r of the Corporate Strategy Department at the International Finance Corporation (IFC).<br />

Christian Grossmann was born in Germany and has a degree in engineering from the Technical University (TU) in Munich, a Diploma of<br />

Economic Studies (CES) from the School of International Management in Paris and an MBA from INSEAD in Fontainebleau. Before joining<br />

the IFC, Mr Grossmann worked as an international management consultant in Europe, the United States and South Africa, and as an<br />

engineer in France and North Africa. After that, he held senior financial positions at Dresdner Bank Group in Paris, New York and Frankfurt.<br />

In 1998, he became a controller at IFC and from 2002 <strong>to</strong> 2006 he served in Moscow, primarily managing the Private Enterprise<br />

Partnership, IFC’s technical assistance activities in the countries of the former Soviet Union. Currently, Mr Grossmann is Direc<strong>to</strong>r of the<br />

Corporate Strategy Department at the International Finance Corporation in Washing<strong>to</strong>n, DC.<br />

Nanno Kleiterp<br />

Nanno Kleiterp is Chief Executive Officer at the Dutch development finance company FMO.<br />

Nanno Kleiterp is 56 years old and studied economics at the University of Groningen. At the beginning of his career, he worked in the<br />

private sec<strong>to</strong>r development in Nicaragua, Mexico and Peru. Mr Nanno Kleiterp joined FMO in 1987 and has since held a number of<br />

positions within FMO, including Manager of Small and Medium-Sized Enterprises, Regional Manager for Latin America, and Chief<br />

Financial Officer for Credit and Participations. In 2000, he also became responsible for FMO’s risk-bearing profile as Chief Investment<br />

Officer. He was appointed CEO and Chairman of FMO’s Management Board in 2008. He also represents FMO on the ProBanco Investment<br />

Committee, specialising in the financial sec<strong>to</strong>r in Central America.<br />

5


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

<strong>DEG</strong> Profile<br />

<strong>DEG</strong>, member of KfW Bankengruppe, is one of the largest European development finance institutions for long-term project and company<br />

financing. For more than 45 years, <strong>DEG</strong> has been financing and structuring the investments of private companies in developing and<br />

transition countries.<br />

<strong>DEG</strong> invests in profitable projects that contribute <strong>to</strong> sustainable development in all sec<strong>to</strong>rs of the economy, from agriculture <strong>to</strong><br />

infrastructure and manufacturing <strong>to</strong> services. <strong>DEG</strong> also focuses on investments in the financial sec<strong>to</strong>r in order <strong>to</strong> facilitate reliable access<br />

<strong>to</strong> capital locally. To date, <strong>DEG</strong> has worked <strong>to</strong>gether with more than 1,500 companies and has committed financings of around 4.7 billion<br />

euros over the past five years alone.<br />

The aim is <strong>to</strong> establish and expand private enterprise structures in developing and transition countries, and thus create the basis for<br />

sustainable economic growth and a lasting improvement in the living conditions of the local population.<br />

The Mandate<br />

<strong>DEG</strong> provides long-term capital for private enterprises investing in those countries. <strong>DEG</strong> only takes on commitments in projects that make<br />

an effective development policy impact, meet environmental standards and comply with social principles. <strong>DEG</strong> is particularly committed<br />

<strong>to</strong> its developmental mandate and its guidelines for social and environmental compatibility: they form the decisive frame of operations.<br />

Development Policy Mandate<br />

Only successful and long-term viable private enterprises generate economic growth. They create jobs and income, contribute <strong>to</strong> improving<br />

the countries‘ foreign exchange balance by producing competitive products, contribute <strong>to</strong> government revenues by their tax payments and<br />

increase national value added by processing local resources. <strong>DEG</strong> fulfils its role as a development finance institution for the private sec<strong>to</strong>r<br />

in two ways: it is the reliable finance partner for enterprises that undertake investments and at the same time it focuses particular<br />

attention on these investments producing positive effects in the developing countries. The aim is <strong>to</strong> contribute <strong>to</strong> lasting economic<br />

growth in developing and emerging-market countries and improve the living conditions of the local population. <strong>DEG</strong> thus contributes <strong>to</strong><br />

the Millennium Development Goals, which are a joint commitment of industrial and developing countries <strong>to</strong> tackle poverty in a<br />

sustainable manner.<br />

<strong>DEG</strong>‘s promotion of private sec<strong>to</strong>r development pursues the following aims:<br />

• providing finance for direct investments as the least volatile segment of capital flows in<strong>to</strong> partner countries.<br />

• providing long-term loan finance <strong>to</strong> help safeguard cofinanced investment projects against crises.<br />

• helping <strong>to</strong> diversify capital flows by supporting pioneer inves<strong>to</strong>rs in new countries and regions.<br />

• and, as part of financial sec<strong>to</strong>r development, strengthen local capital markets so they can provide localized finance for investment<br />

projects, in particular for small and medium enterprises.<br />

In addition, <strong>DEG</strong> also mobilizes other partners and additional capital for investment projects. This way, <strong>DEG</strong> also helps maximize growth<br />

effects with low capital input.<br />

Environmental and Social Compatibility<br />

For <strong>DEG</strong>, environmental viability and sustainability as well as compliance with social standards are essential benchmarks of sustainable<br />

economic activity. Environmental and social compatibility involve protecting human lives and people’s health, their economic livelihood,<br />

the ecological, social and cultural environment as well as the sustainable use of natural resources.<br />

So <strong>DEG</strong> advises, finances and supports only enterprises that share these convictions and can provide evidence that their plant, processes,<br />

products and services meet environmental standards or that they are prepared <strong>to</strong> implement them in the future. This way <strong>DEG</strong> helps<br />

conserve the earth‘s natural resources and does its share <strong>to</strong> put the precept of environmental protection in<strong>to</strong> practice in developing and<br />

transition countries as well.<br />

6


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Introduction<br />

The effects of the financial and economic crisis on emerging markets and developing countries<br />

The negative effects of the current financial and economic crisis have now spread far beyond just the western industrialized nations.<br />

The recession is now having a global impact. This is because the international markets for goods, services and financial products are<br />

closely interlinked; many African and Asian countries are dependent on global market prices. After a short delay, the crisis has now<br />

reached the emerging markets and developing countries. At the end of June, the World Bank reduced its growth forecast for the poorer<br />

nations <strong>to</strong> just 1.2 percent. In 2008, this figure s<strong>to</strong>od at 5.9 percent. Added <strong>to</strong> this, the global economic crisis and the fragility of the<br />

financial markets are having a particularly drastic effect on flows of private capital in<strong>to</strong> the emerging markets and developing countries.<br />

According <strong>to</strong> World Bank estimates, this is likely <strong>to</strong> be around 363 billion dollars this year – less than a third of 2007’s record high of<br />

1.2 trillion dollars.<br />

Worsening conditions for financing<br />

The extent <strong>to</strong> which poorer nations suffer from the consequences of the crisis is dependent on how closely they are integrated in<strong>to</strong> the<br />

world economy.<br />

The financial markets in the emerging nations and the advanced developing countries are being hit particularly hard. According <strong>to</strong> the<br />

UN, s<strong>to</strong>ck market prices between January and Oc<strong>to</strong>ber 2008 crashed by around 40 percent in these countries. Hardest hit were Russia,<br />

with losses of 70.9 percent, and Ukraine, with 77.5 percent. One of the general problems has been that small and medium-sized<br />

enterprises in emerging markets are currently finding it extremely difficult <strong>to</strong> get credit from the banks. In addition <strong>to</strong> this, many<br />

entrepreneurs <strong>to</strong>ok up loans in euros or dollars before the crisis which they now can no longer repay because of the devaluation of their<br />

own currencies. Economists estimate that, in the emerging markets, loans of around 2 <strong>to</strong> 3 trillion dollars will be due in 2009.<br />

Decline of foreign trade<br />

To add <strong>to</strong> the considerably worsened financing conditions, the falling demand for export goods such as electronic products, clothing,<br />

games and <strong>to</strong>ys is also hitting the emerging markets and the advanced developing countries hard. China has already witnessed the<br />

closure of thousands of fac<strong>to</strong>ries. Around 20 million migrant workers have lost their jobs, according <strong>to</strong> official estimates. Similar trends<br />

are being observed in African countries such as the Democratic Republic of the Congo, Zambia and South Africa – all of which are<br />

dependent on the export of raw materials. The global decline in demand has led <strong>to</strong> cutbacks in production and company closures here <strong>to</strong>o.<br />

Reduced investment from abroad<br />

Developing markets are also experiencing a huge fall-off in the level of migrant workers’ remittances. According <strong>to</strong> the World Bank,<br />

these s<strong>to</strong>od at around 305 billion dollars in 2008. However, because of the economic downturn, the quantity of money flowing from<br />

migrant workers in the industrial nations back <strong>to</strong> their home countries has dwindled significantly. According <strong>to</strong> figures from the Inter-<br />

American Development Bank (IDB), transfers from migrants in Brazil (Latin America) and the Caribbean have already fallen by up <strong>to</strong> 11<br />

percent this year. This development is particularly deleterious <strong>to</strong> countries where money transfers from abroad make up a large part of<br />

the gross domestic product; for instance, Tajikistan, Moldova and Honduras.<br />

Private development finance institutions in demand<br />

To cope with the current bottlenecks in financing, emerging economies and developing countries are relying more than ever on the<br />

support of private development financers. Because it is right now that these economies need capital <strong>to</strong> ensure basic social services, <strong>to</strong><br />

realise development investments and <strong>to</strong> stabilise the finance sec<strong>to</strong>r. Which specific measures are suitable and what kinds of<br />

contributions private development financers and their partners can make is the subject of this year’s specialist conference ‘Partners in<br />

development – the role of development finance institutions during the current economic crisis and the views of our clients’ organised by<br />

<strong>DEG</strong> – Deutsche Investitions- und Entwicklungsgesellschaft mbH.<br />

7


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Links<br />

We are happy <strong>to</strong> provide you with some interesting web links that will give you further information on the conference <strong>to</strong>pics.<br />

<strong>DEG</strong>-Deutsche Investitions- und Entwicklungsgesellschaft mbh<br />

www.deginvest.de<br />

Kiel Institute for the World Economy<br />

http://www.ifw-kiel.de<br />

Bank Center-Invest<br />

http://www.centrinvest.ru<br />

Latin American Agribusiness Development Corporation S.A.<br />

www.laadsa.com<br />

Knauf Group<br />

www.knauf.com<br />

Indorama Ventures Limited<br />

http://www.indorama.net<br />

International Finance Corporation<br />

www.ifc.org<br />

Ministry of Economic Cooperation and Development<br />

www.bmz.de<br />

Netherlands Development Finance Company<br />

www.fmo.nl<br />

The Worldbank<br />

http://www.worldbank.org/financialcrisis/<br />

International Trade Site Alibaba.com (the world‘s largest online B2B marketplace)<br />

http://news.alibaba.com/article/list/1/financial-crisis.html<br />

Financial Times<br />

http://www.ft.com/indepth/global-financial-crisis<br />

Gazeta Internet Newspaper<br />

http://eng.gazeta.kz/art.asp?aid=135432<br />

DW World- Deutsche Welle<br />

http://www.dw-world.de/dw/article/0,,3689713,00.html<br />

8


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Economy Watch<br />

http://www.economywatch.com/economy-business-and-finance-news/A_his<strong>to</strong>ry_of_world_financial_crises_07-14.html<br />

International Monetary Fund<br />

http://www.imf.org/external/np/exr/key/finstab.htm<br />

Organisation for Economic Co-operation and Development<br />

http://www.oecd.org/department/0,2688,en_2649_33721_1_1_1_1_1,00.html<br />

http://www.oecd.org/document/24/0,3343,en_2649_201185_41707672_1_1_1_1,00.html<br />

Accessible Information on Development Activities<br />

http://aida.developmentgateway.org/AidaHome.do<br />

Global Issues- Social, Political, Economic and Environmental Issues that affect us all<br />

http://www.globalissues.org/article/35/us-and-foreign-aid-assistance<br />

German Development Institut<br />

http://www.die-gdi.de/CMS-Homepage/openwebcms3_e.nsf/(ynDK_contentByKey)/home?open&nav=expand:Home;active:Home<br />

http://www.die-gdi.de/CMS-Homepage/openwebcms3.nsf/(ynDK_contentByKey)/MSIN-7TBJTX/$FILE/BP%207.2009.pdf<br />

9


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Participants<br />

Surname Name Company Country<br />

Abouleish Helmy SEKEM Holding Investment Co. S.A.E. Egypt<br />

Adu Jr. Frank CAL Bank Limited Ghana<br />

Ahmala Jukka FINNFUND - Finnish Fund for Industrial<br />

Cooperation Ltd.<br />

Finland<br />

Akhundov Rauf OJSC Azerdemiryolbank Azerbaijan<br />

Akpofure Imoni IFC France<br />

Alvarado Hernan Danery Banco Centroamericano de Integracion<br />

Economica<br />

Honduras<br />

Alvarez Gonzalo J. Paveca Venezuela<br />

Asiedu-Antwi Michael PricewaterhouseCoopersGhana Ghana<br />

Azmy Tarek Corporate Leasing Company Egypt Corplease Egypt<br />

(S.A.E.)<br />

Beauvois John DBA Corporate Finance S.A. Uruguay<br />

Bercher Peter R. Erismann & Cie. GmbH Germany<br />

Berho Corona Lorenzo Corporacion Inmobiliara Vesta S. de R.L. de<br />

C.V.<br />

Mexico<br />

Besselmann Ingo B. Tönnies Fleischwerk Germany<br />

Bhagat Harkishan<br />

Bhikhubhai<br />

Vicfish Ltd. Tanzania<br />

Blomberg Björn Swedfund International AB Sweden<br />

Cacho Luis COFIDES - Compañia Española de<br />

Financiación del Desarollo<br />

Spain<br />

Clement-Davies Chris<strong>to</strong>pher Fulbright & Jaworski L.L.P. Great Britain<br />

Clewley Ross ZENITH CAPITAL LIMITED Nigeria<br />

Cravio<strong>to</strong> Garcia Rober<strong>to</strong> Altamira Terminal Portuaria Mexico<br />

Curwen Martin European Investment Bank Luxembourg<br />

De Muyter Alain BIO Société Belge d‘Investissement pour les<br />

Pays en Développement S.A.<br />

Belgium<br />

Demey Laurent PROPARCO - Société de Promotion et<br />

de Participation pour la Coopération<br />

Economique<br />

France<br />

Denner Joachim OBI Group Holding GmbH Germany<br />

Ekra Jean-Louis African Export-Import Bank S.A.E. Egypt<br />

El Tabgy Amal AIT Consulting Egypt<br />

10


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Ersdal Elin Norfund - Norwegian Investment Fund for<br />

Developing Countries<br />

Norway<br />

Esteve Eduardo A. Eco-Agroforestal S.A. Panama<br />

Felizati Adelmo Mangels Indústria e Comércio Ltda. Brazil<br />

Fendel, Prof. Dr. Ralf WHU Ot<strong>to</strong> Beisheim School of Management Germany<br />

Fritz-Morgenthal,<br />

Dr.<br />

Sebastian Frankfurt School of Finance & Management Germany<br />

Füchsel Harald Lufapak GmbH Germany<br />

Futalo Rostyslav ZAO SREI Leasing Russian<br />

Federation<br />

Gerth, Dr. André BioPlanta GmbH Germany<br />

Gnassingbe Gnékélé Banque Ouest Africaine de Développement<br />

(BOAD)<br />

Togo<br />

Goeb Eva ECOM Agroindustrial Corp. Ltd. Switzerland<br />

Hägele Klaus SIAG Schaaf Industrie AG Germany<br />

Hagmann Andrea Oesterreichische Entwicklungsbank AG Austria<br />

Hahn, Dr. Ot<strong>to</strong>kar European Business Congress Germany<br />

Harms, Prof. Dr. Philipp RWTH Aachen University Germany<br />

Hermans Philippe BMI-SBI Société Belge d‘Investissement<br />

International - Belgische Maatschappij<br />

Belgium<br />

Hummel Siegbert Metabo AG Germany<br />

Hummel, Dr. Matthias KfW Entwicklungsbank Germany<br />

Jorgensen Lorenz European Bank for Reconstruction and<br />

Development<br />

Great Britain<br />

Kassam Lutaf Industrial Promotion Services Kenya Ltd. Kenya<br />

Kassar Adel Fransabank S.A.L. Lebanon<br />

Kassar Adnan Fransabank S.A.L. Lebanon<br />

Kassidova Sophia Black Sea Trade and Development Bank Greece<br />

Kessler Dietmar PCC SE Germany<br />

Kidiwa Vic<strong>to</strong>r J.O. Development Bank of Kenya Ltd. (DBK) Kenya<br />

Kohleick Reinhard Quadriga Capital Russia Private Equity Fund Russian<br />

II L.P.<br />

Federation<br />

Kollatz-Ahnen Matthias European Investment Bank Luxembourg<br />

Kumagai Yoshihiro Japan Bank for International Cooperation Germany<br />

Lacayo Carlos Reynaldo Importadora y Distribuidora OCAL S.A. Nicaragua<br />

Lacayo César A. Importadora y Distribuidora OCAL S.A. Nicaragua<br />

Lindlein, Dr. Peter iCee international Consulting economists Germany<br />

11


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Mantero Francisco SOFID - Sociedade para o Financiamen<strong>to</strong> do<br />

Desenvolvimen<strong>to</strong><br />

Portugal<br />

Matlala Joyce Kagiso Trust Investments (Pty) Ltd. South Africa<br />

Meyer Gerd Deutsche Bank AG Luxembourg<br />

Meyer Jan Chris<strong>to</strong>ph Vestas Central Europe Germany<br />

Mira Amaral Luis Fernando Banco BIC Portugues, S.A. Portugal<br />

Mulder Gert Jan DBA Corporate Finance S.A. Uruguay<br />

Ogunsulire Kolade ZENITH CAPITAL LIMITED Nigeria<br />

Olatunji Adesoye Rawhhurr Mutual Benefits Assurance Plc Nigeria<br />

Olufowose Ebenezer Access Bank Plc Nigeria<br />

Ortuño de la<br />

Goublaye<br />

Gaspar Compañia Inversionista Las Brisas S. A. Costa Rica<br />

Ot<strong>to</strong> Hans GOPA Consultants Germany<br />

Ot<strong>to</strong>lenghi Daniel European Investment Bank Luxembourg<br />

Ousmane Mey Alamine Afriland First Bank Cameroon<br />

Owiredu Philip CAL Bank Limited Ghana<br />

Pellerin Thomas IFC France<br />

Pirivatric Vladan Energoprojekt Holding a.d. Serbia<br />

Pohlenz Angelika ICC Deutschland (Internationale<br />

Handelskammer)<br />

Germany<br />

Poncon Eric ECOM Agroindustrial Corp. Ltd. Mexico<br />

Pyl Nico K.G. Nederlandse Financierings-Maatschappij<br />

voor Ontwikkelingslanden N.V. (FMO)<br />

Netherlands<br />

Quartiero Jairo Camil Alimen<strong>to</strong>s S.A. Brazil<br />

Quartiero Luciano Camil Alimen<strong>to</strong>s S.A. Brazil<br />

Reed Steven L. Inter-American Investment Corporation USA<br />

Reinhardt, Dr. Horst Landwirtschaftliche Rentenbank Germany<br />

Rixen Jan EDFI European Development Finance<br />

Institutions<br />

Belgium<br />

Romeo García Remedios COFIDES - Compañia Española de<br />

Financiación del Desarollo<br />

Spain<br />

Römer Max W. Quadriga Capital Beteiligungsberatung<br />

GmbH<br />

Germany<br />

Romero Iglesias Manuel S.A. Molinos Arroceros Nacionales Uruguay<br />

Saravia Molina Alejandro Agribusiness Financial Consulting Costa Rica<br />

Schmitz LL.M. Almut NRW International Germany<br />

Schütte, Dr. Clemens Messe Düsseldorf GmbH Germany<br />

12


The ATrium DiAlogues<br />

Partners in development: the role of development finance institutions during the current economic<br />

crisis and the views of our clients<br />

<strong>DEG</strong> Symposium in Cologne on 16 September 2009<br />

Sedjro Yaovi Ayao FONDS GARI Togo<br />

Sham Sarit Suresh Raja I&M Bank Limited Kenya<br />

Sieberth Kai Cobana Fruchtring GmbH & Co.KG Germany<br />

Siemens Oltmann G. Oxford Analytica Great Britain<br />

Singhal Sanjiv BanyanTree Finance Private Limited India<br />

Singharay Hiren Standard Chartered Bank Great Britain<br />

Sisoskvili Sergey Transcapitalbank Russian<br />

Federation<br />

Skurtis Thomas PROPARCO - Société de Promotion et<br />

de Participation pour la Coopération<br />

Economique<br />

France<br />

Steffens, Prof. Dr. Udo Frankfurt School of Finance & Management Germany<br />

Stirling Alfredo DBA Corporate Finance S.A. Uruguay<br />

Templier Hélène PROPARCO - Société de Promotion et<br />

de Participation pour la Coopération<br />

Economique<br />

France<br />

Toure Bassary Banque Ouest Africaine de Développement<br />

(BOAD)<br />

Togo<br />

Uranta, Dr. J. Clin<strong>to</strong>n Niger Insurance Plc Nigeria<br />

Vanderstraeten Yves SOCFINCO S.A. Belgium<br />

Vandfplas Erna BMI-SBI Société Belge d‘Investissement<br />

International - Belgische Maatschappij<br />

Belgium<br />

von Werne Volker Alfred C. Toepfer International GmbH Germany<br />

Vrankovic Neven Atlantic Grupa d.d. Croatia<br />

Wancata Michael Oesterreichische Entwicklungsbank AG Austria<br />

Watson Carlos Banco Centroamericano de Integracion<br />

Economica<br />

Honduras<br />

Wille Reinhard GEA Group AG Germany<br />

Wilmès, Prof. Philippe BMI-SBI Société Belge d‘Investissement<br />

International - Belgische Maatschappij<br />

Belgium<br />

Wong N. Rafael S. REYBANPAC Ecuador<br />

Zecevic Miodrag Energoprojekt Holding a.d. Serbia<br />

Zoellner Claus Ost- und Mitteleuropa Verein e.V. Germany<br />

13


The ATrium DiAlogues<br />

We’d <strong>love</strong> <strong>to</strong> <strong>hear</strong> <strong>your</strong> <strong>thoughts</strong>.<br />

Please take a few minutes of <strong>your</strong> time and let us know <strong>your</strong> opinion on <strong>to</strong>day’s conference. Your answers will help us <strong>to</strong> improve<br />

future events and tailor them more precisely <strong>to</strong> <strong>your</strong> wishes. You can return the completed form at the check-in counter, or you can<br />

fax it <strong>to</strong> us using the following fax number: +49 (0)221 4986-1292.<br />

Thank you for <strong>your</strong> support.<br />

1. How satisfied are you with the event overall?<br />

q Extremely satisfied q Very satisfied q Satisfied q Less than satisfied q Dissatisfied<br />

2. How important is it <strong>to</strong> you <strong>to</strong> be able <strong>to</strong> take part in an event like the <strong>DEG</strong> conference?<br />

q Extremely important q Very important q Important q Somewhat important q Unimportant<br />

3. Did you participate in “Act responsibly – why CSR pays off. Companies report on first-hand experiences”,<br />

the first conference from the series “The Atrium Dialogues”?<br />

q yes q no<br />

4. How do you rate the balance between information and discussion? Would you have preferred <strong>to</strong> receive more information<br />

or would you rather have had more discussions during this event?<br />

q Much more information<br />

q A little more information<br />

q Balance of information and discussion was just right<br />

q A little more discussion<br />

q Much more discussion<br />

5. How interested were you in the <strong>to</strong>pics being presented at the conference?<br />

q Extremely interested q Very interested q Interested q Somewhat interested q Disinterested<br />

6. How satisfied were you with the following aspects of the event?<br />

Extremely satisfied Very satisfied Satisfied Less than satisfied Dissatisfied<br />

Location 1 2 3 4 5<br />

Atmosphere 1 2 3 4 5<br />

Organisation 1 2 3 4 5<br />

Support and service 1 2 3 4 5<br />

14


The ATrium DiAlogues<br />

7. Now <strong>to</strong> the particulars of the conference:<br />

How satisfied were you … Extremely satisfied Very satisfied Satisfied Less than satisfied Dissatisfied<br />

… with the presentations? 1 2 3 4 5<br />

… with the handouts and materials? 1 2 3 4 5<br />

… with the modera<strong>to</strong>r? 1 2 3 4 5<br />

8. What did you especially enjoy about the event?<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

9. Was there anything in particular about the event that you disliked?<br />

Do you have any additional comments or suggestions as <strong>to</strong> how the next event could be improved?<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

______________________________________________________________________________________________________________<br />

15

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