Wednesday, 21 October 2015

FBN CAPITAL PLANS TO HOST 5TH ANNUAL INVESTOR CONFERENCE ON OCTOBER 27, 2015

Tectono Business Review gathered that the Investment Banking and Asset Management subsidiary of FBN Holdings Plc, FBN Capital Limited, has perfected plans to host key stakeholders at the 5th edition of its annual investor conference with the them: ‘Reinventing the Nigerian Economy: Beyond the Rhetoric’ on the 27th of October 2015 in Lagos.

According to a statement which was made available to us, the event would feature some great economists and business leaders, such as erstwhile economic advisor to the British government and creator of the Baseline Profitability Index (a global tool for assessing the attractiveness of investing in markets around the world), Mr. Daniel Altman; and a proven strategic advisor to numerous global Fortune 500 companies on entry and operations in emerging and frontier markets, Mr. Jonathan Berman.

We also gathered that the CEO of Financial Derivatives Company Limited, Mr. Bismarck Rewane; CEO, Economic Associates Limited, Dr. Ayo Teriba, and the Lead Economist, African Development Bank, Ms. Barbara Barungi, would be at the event.

While speaking with Tectono Business Review, the Managing Director of FBN Capital, Mr. Kayode Akinkugbe, stated that over the last four years, his company has examined key aspects of Nigeria’s economic development and the company’s attempt to develop into a regional economic power house. According to him, this year, the company would consider how Nigeria could truly re-invent itself and capitalize on the momentum of its current political transformation.

He further stressed that the conference would take a deep-dive into the Nigerian economy to examine how the new administration could respond to the fiscal challenges of the nation, the key reforms that have to be tackled drawing from the successes of similar frontier and emerging countries, and the reality of the Nigerian growth opportunity within the context of the current operating environment.

An evaluation of the central bank’s monetary policies and their effectiveness in a weaker global macro environment will also be explored, as well as the new roles the private and public sectors can play in providing financing solutions for growth.