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27 - 28 September 2017 Convention Centre Dublin, Ireland
Innovate . Accelerate . Deliver
World Financial Symposium
Principal Sponsor
World Financial Symposium
Program at a glance
WFS 2017
Program Directory
Tuesday 26 September (18:30 - 20:30)
Welcome Reception
Wednesday 27 September Thursday 28 September
9:00
Opening Plenary: Welcome Address
09:00
Payment Risk Management Streamlining Operations - -
10:30 10:30
Networking Coffee Break Networking Coffee Break
11:15
Opening Plenary
11:15
Fintech Unlocking the Cash
-Blocked Funds E-Fueling - -
12:30 12:45
Networking Lunch Networking Lunch
14:00 Strategy Summit
(by invitation only)
Total Distribution
Cost IFRS
Financial Risk Management
14:00
Innovation Jam - -
15:30 15:00
Networking Coffee Break
Closing Plenary 16:15
Strategy Summit
(by invitation only)
Digital Finance Complex
Taxes Aircraft
Financing
15:00
- -
17:45 16:00
19:30
Networking Dinner
16:00 Closing Networking Coffee Break
-
22:30
Wednesday, 27 September 2017
09:00 - 12:30 Opening Plenary
10:30 - 11:15 Networking Coffee Break
12:30 - 14:00 Networking Lunch
WFS 2017
Program Directory
09:00 – 09:30
Opening Remarks - Key Highlights on Opportunities and Challenges to “ Innovate, Accelerate and Deliver”
Aleks Popovich, SVP, Financial and Distribution Services, IATA
09:30 – 09:45
Welcome to Dublin
Patrick O’Donovan TD, Minister of State at the Departments of Finance, and Public Expenditure and Reform
09:45 – 10:20
How Financially Healthy is the Airline Industry Today, and can High Levels of Profitability be Sustained?
Brian Pearce, Chief Economist, IATA
10:20 – 10:30
Antitrust briefing
Daniel Kanter, Assistant General Counsel, IATA
11:15 – 11:35
Innovate - Accelerate - Deliver
Innovating With Speed is Key to Sustain the Aviation Industry’s Financial Health: Where do we stand?
IATA’s Financial Committee Chairman will update us on the progress made in delivering the industry five pillars (Smarter Regulations, Value Chain Optimization, Inno-
vation, Efficient Processes and High Performing Finance Organization) driving sustained airline financial health. The 2017 scorecard to be presented during the ses-
sion will highlight achievements and progress but will also identify areas for acceleration and strengthening.
The Chairman will present how we should re-engineer our program delivery, governance, standard settings and adoption, and innovation processes to accelerate the
delivery of our industry financial initiatives.
Michael Doersam, SVP Group Finance, Emirates & Chairman of IATA Financial Committee
11:35 – 12:30
Airline Leaders on the Grill!!
Three components are critical to achieve sustained financial health: innovation with speed, high performing finance and efficient industry wide initiatives. Three recog-
nized experts will interview and challenge airline CFOs on their strategies related to these three key components and their vision to foster innovation, speed and effi-
ciency at industry level .
The Airline Leaders:
Stephen Barnes, CFO, Singapore Airlines
Steve Priest, EVP & CFO, JetBlue
Pekka Vähähyyppä, CFO, Finnair
The Interviewers:
Alex Dichter, Senior Partner, McKinsey & Company
John E. Luth, Chairman, Seabury Consulting & Corporate Advisors, now owned by Accenture
Scott Robinson, Founder & VP, Plug & Play FinTech
Sponsored by
Sponsored by
Wednesday, 27 September 2017
14:00 - 15:30 Specialized Tracks
IFRS
Financial Risk Management
Delivering the Edge Sponsored by
Many airlines have struggled to quantify the potential
cost efficiencies of transformational change in
distribution and payment, such as NDC and ONE
Order. This session takes a deep dive into the total
cost of distribution and analyzes where industry
transformation programs can shift the value chain and
increase efficiency.
14:00 – 14:15
What Does the Future Look Like?
This introduction session will take a step by step look
at a distribution landscape with NDC offers and ONE
Order fulfilment and delivery.
* Henry Coles, Head Airline Distribution Standards, IATA
14:15 – 14:45
Shop
This stream looks at the total costs involved in today’s
fare distribution model from fare filing, inventory and
availability messaging through to sales audit, and
ADM processing. Possible efficiencies from moving
straight from revenue management to offer will be
discussed.
Stephen Luurtsema, Travel Industry
Consultant, Travel in Motion
Gianni Pisanello, Head of Airline Channel
Management, Global Airline Distribution,
Amadeus
14:45 – 15:15
Order
We will look at costs associated with today’s model of
neutral ticketing in the indirect channel and multiple
passenger records. This stream also analyzes costs
associated with core Passenger Service System
(PSS) functions, and how ONE Order may open the
door for more competition amongst PSS vendors.
Sezer Tug Ozmutlu, CFO, Hitit Computer
Systems
15:15 – 15:30
Pay
Finally, we’ll look at the cost of financial processing
from under today’s model, including fare proration and
coupon based interline billing.
Terry Palmer, Manager Corporate
Development, Revenue Accounting, Accelya
Gunther Meyer, Head of Interline, Lufthansa
Global Business Services
Mladenka Vukmirovic, Chief Innovation
Officer, Maureva
The biggest challenge for airline treasury and finance teams is predicting, assessing, and
mitigating risk. With a well thought framework, treasury gains from better decision-making,
and rapid action in situation of changes. Financial risk management is a key dimension in all
operations and the edge needed to move from an operations/back office function to a
strategic partner in the organization.
Airlines are facing increasing financial risk considering their global operations and persistent
volatility across all markets. For the treasurers maintaining a strong grip on their operations
while have the ability to be a reliable internal advice provider and active participant in strategic
planning is the ultimate target. This right balance in activities is the key to excel and be a high
performing treasury team
Agenda
14:00 – 14:05
Financial Risks Essentials
CFO briefing on what are the essentials when it comes to financial risk
management and protecting financial interests of the airline.
14:05 – 14:25
eFX Solutions : Paving the Future of Corporate FX Risk Management
Defining a strong framework can be challenging. Risks can change and even
shift the focus from one area to another. How can you leverage technology to
link you FX risk management objectives to execution?
* Paul O’Reilly, Director, eFX Solutions, Citi
14:25 – 14:45
Have a grip on your financial risks
It is important to have a framework that makes it practical to capture different
angles to support decision making. This panel will address the different risks to
take into account from FX, Interest Rate to Commodities.
Moderator:
* Liam O Caoimh, Treasury & Finance Solutions, Zanders
Panelists:
* Teresa Lopes, Vice-President Finance, TAP Portugal
* Oksana Pidkuyko, Regional Head, Commodities Structuring, West ,
Standard Chartered Bank
* Paul O’Reilly, Director, eFX Solutions, Citi
14:45 – 15:05
Fuel Hedging, What’s Today’s Reality
Description: One thing is for sure volatility is across the board and oil prices are
no exception. How can airlines find their way in today’s conditions and protect
their financial health for the future? How to weight this dimension within the risk
management policy?
* Romain Pasquet, Price Risk Management, WFS (World Fuel Services)
15:05 – 15:30
Treasury: Mitigating future financial risk
From strategic outcomes to operational needs – what are the drivers to future-
proofing treasury process and systems to mitigate tomorrow’s financial risk?
Improve efficiency and add value to the business with advice on how a change
tomorrow’s financial risk? Improve efficiency and add value to the business with
advice on how a change agenda can turn your treasury function into a high-
performance, business-critical partner.
FIRE SIDE CHAT
Michelle Price, Associate Policy & Technical Director, ACT
Jeremy Tumber, Head Dealing , Etihad Airways
Total Cost of Distribution
Sponsored by
15:30 - 16:15 Networking Coffee Break
WFS 2017
Program Directory
IFRS 16, Leases will have a major impact on
almost all airlines from 2019 or earlier. In the
session, participants will learn more on:
What to do about the foreign currency
mismatches?
How contracts at airport hubs are treated
under IFRS 16?
How to account for restoration and
maintenance costs on aircraft?
What are the transition options?
14:00 – 14:25
Addressing the FX Mismatch Issue
Methods to address FX mismatch on right of
use asset and financial liability.
Niall Naughton, Partner, KPMG
14:25 – 14:45
Accounting for Contracts at Airport Hubs
Challenges in applying IFRS 16 for contracts
at airports.
Severine Guffroy, Director of
Accounting, Air France KLM
14:45 – 15:05
Accounting for Restoration and
Maintenance Costs under IFRS
Requirements and potential approaches to
comply with IFRS.
Thomas Egan, IAWG Accounting
Technical Expert, IATA
15:05 – 15:30
Transition Options
Options and implications.
Severine Guffroy, Director of
Accounting, Air France KLM
Sponsored by
Wednesday, 27 September 2017
16:15 - 17:45 Specialized Tracks
Digital Finance
Complex Taxes
Sponsored by
Aircraft Financing - The Future Looks
Bright, or Does it?
Digital Finance is a potential industry
transformation that IATA is exploring with the
industry. Currently the financial processes within
airlines involve significant inefficiencies.
Digital Finance seeks to investigate opportunities
to expand the automation across the complete
P2P process.
16:15 – 16:30
What is the Opportunity? - How Big is the Prize?
Automation of current process is good, but how can we
transform the process? A 45 years old service like ICH
has been tested with Block chain and IATAcoin. If we can
do instantaneous payments then we ought to look at the
rest of the value chain. What are the inefficiencies behind
manual processes? Can we avoid errors rather than
spend time correcting them? How big is the opportunity?
Michael Uebber, Director Global Financial
Clearing, Closing & Group Functions, Lufthansa AG
16:30 – 16:45
The Finance Process Starts on the Tarmac
How can we leverage the existing data in the supplier
operational systems? Real time data management on the
tarmac can lead to event based trigger to financial
transactions.
Sanjyot Tawde, Senior Vice President, Airline
Services Accelya
16:45 – 17:00
Opportunities From FinTech
What opportunities does block chain technology brings
with smart contract, shared ledgers. Can these crunch
the processing time in the back office? What about the
data privacy and security of sensible data.
Juan Ivan Martin, Head Innovation FDS
Transformation, IATA
17:00 – 17:45
Panel Discussion: How Can We Explore the Digital
Finance Opportunity Together?
What would be the challenges across the value chain?
Moderator:
Bernard Paul, Head of Projects FDS, IATA
Panelists:
Michael Uebber, Director Global Financial
Clearing, Closing & Group Functions, Lufthansa AG
Sanjyot Tawde, Senior Vice President, Airline
Services, Accelya
Juan Ivan Martin, Head Innovation FDS
Transformation, IATA
This session will debate and determine key trends in
aircraft financing. It will give an insight into what is on
airline financial executives’ minds looking to the future of
securing affordable financing for aircraft purchasing.
16:15 – 16:30
The Continued Evolution of Commercial Operating
Leasing Operating leases were forecasted to reach 50% of the fleet
by 2020. What is the current trend and can lessors still
reach 50%? This session will outline key players and
evolving competitive dynamics. How are airlines’ fleet
strategies and industry growth impacting the evolution of
operating leases?
Edward (Ted) O’Byrne, CIO, Aercap
16:30 – 16:50
The Impact of Today’s Multifaceted Financing and
Uncertainties
Affordable financing has been the recent reality, bringing
into the mix commercial banks, capital markets, debt
financing and private equity. What will be the impact of
recent events such as ECAs and Ex-Im unavailability,
Basel III, Brexit, rise in interest rates, oil prices, on airlines’
fleet and financing strategies? What are the newest trends
in financing?
Munawar Noorani, Head of Aviation EMEA &
APAC, Citi
16:50 – 17:20
Airlines and Lessors M&A, Transformative?
Airlines and lessors are making their marks with strong
mergers and IPOS. What will this mean for air financing
2017 outlook and the future? Will it bring new force in the
leasing sector? Dómhnal Slattery, Chief Executive Officer,
Avolon
17:20 – 17:50
Looking into the Future, What Dynamic Between
Airlines, Lessors, Banks, Regulators and Credit Rating
Agencies This panel will bring together decision makers and
influencers in the aviation financing sector. Key executives
will discuss the evolution of operating leases, access to
financing and sustaining industry growth in the long term.
Moderator:
Joseph Shanahan, Managing Director, Citi
Panelists:
Munawar Noorani, Head of Aviation EMEA &
APAC, Citi
Edward (Ted) O'Byrne, CIO, Aercap
John McMahon, Non-Executive Director, Wizz Air
and Chair, BNP Paribas Ireland
19:30 - 22:30 Gala Dinner
WFS 2017
Program Directory
This session will address the continued proliferation of
Complex Taxes and IATA’s advocacy initiatives against such
taxes. It will focus on recent global developments on the
taxation front, as well as understanding the punitive financial
and compliance burden that new and existing ticket taxes have
on the industry.
16:15 – 16:45
IATA Taxation Advocacy – An Interactive Workshop Ever wonder how IATA challenges the imposition of new taxes
or increases to existing taxes? In this interactive workshop,
members of IATA’s Industry Taxation and Economics teams
will highlight the policy and economic analysis tools used in the
fight against unjust tax measures. Charlotte Fantoli, Assistant Director, Industry
Taxation, IATA Gregory Leshchuk, Manager, Industry Taxation, IATA
James Wiltshire, Head of Policy Analysis, IATA
16:45 – 17:15
Recent Global Tax Developments
This session will provide an overview of new taxation
measures and changes to existing taxes that (adversely)
impact the aviation sector, from Value Added Tax regimes in
the Middle East and Goods & Services Tax in India, to changes
to ticket taxes in Europe and Latin America and direct
corporate tax in Africa. It’s not all bad news! Mark Bradford, Head of Taxation, Qantas
Muharrem Unsal, VP Taxation, Singapore Airlines
Charlotte Fantoli, Assistant Director, Industry
Taxation, IATA
17:15 – 17:45
Ticket Taxes – A Continuing Source of Discomfort This session will look at airline ticket taxes and their
proliferation in recent years, challenges with respect to
accurately accounting for such taxes in airline pricing and
revenue accounting systems, and IATA’s Ticket Tax Box
Service (TTBS), the industry standard tool to assist in dealing
with these taxes. . Moderators:
Jeffrey Mullins, Director, Ryan LLC
Damon Chronis, President US Operations, Ryan LLC
Panelists:
Henry Coles, Head Airline Distribution Standards,
IATA
Severine Guffroy, SVP Accounting, Air France KLM
Pablo Londono-Betancur, Manager Ticket & Ancillary
Tax Services, ATPCO
Nathalie Rodier, Managing Director - Taxes, Air
Canada
Thursday, 28 September 2017
09:00 - 10:30 Specialized Tracks
The airline industry is paying more than 7 Billion US$ a year in
payment acceptance fees simply to collect the revenue of its
passenger ticket sales. This represents now the biggest distribution
cost for airlines, while not always being understood and scrutinized
closely due to the fragmented way most airlines approach the issue.
Direct sales, Agency sales, fraud, chargeback management, new
forms of payment over Internet, Frequent Flier program: responsibility
for such issues are often split across the organization, which makes it
hard to embrace at a single glance how critical payment is to a well
conceived and all encompassing Distribution strategy.
This session will enhance awareness in the industry of the importance
of payment issues, how they impact the operating result and how to
address the many challenges they present.
09:00 – 09:15
The Latest Payment Evolutions: How Do They Impact Airlines?
A highly focused introduction setting the payment landscape, for our
two ensuing panels to expose how and where airlines can find
resources to assist them in navigating the complexity of payment.
Lance Blockley, Managing Director, the Init iatives Group
09:15 – 09:45
Driving Innovation to Address Current Issues
An introduction by Chris Fendley, Senior Vice President, Merchant
Development, MasterCard Worldwide.
Panel Description:
The rapid growth of mobile payments combined with electronic wallets
and tokenization: what impact on airline card acceptance practices? Fraud is a
theme which unfortunately never grows old as it remains a major cost-driver for
the industry. What are the tools deployed by card schemes to help merchants,
and specifically airlines? The IATA EasyPay closed loop wallet: a novel way for
Travel Agents to remit to airlines. The Transparency In Payment project:
framing how Agents use their own cards to settle with airlines.
Moderator:
Lance Blockley, Managing Director, the Init iatives Group
Panelists:
Anneli Kruger Hilm, Director, Customer Fraud Management
Europe, MasterCard Worldwide
Angelo Impoco, Vice President, Global Merchant Services &
Loyalty Risk Management, American Express
Thierry Stucker, Director, Industry Financial Programs, IATA
09:45 – 10:30
Payment Collection and Optimization
An introduction by William Pershke, VP Airline Consulting at Elavon.
Panel Description:
A famed airline global acquirer, a specialist airline processor and the IATA
Financial Getaway (IFG), a new and audacious venture in the field of payment
processing. We will debate how top of the line providers deliver concrete
solutions to optimize airline payment collection.
Moderator:
Lance Blockley, Managing Director, the Init iatives Group
Panelists:
Brett Turner, Head of Airline Acquiring & SVP, Elavon
Ray Chesworth, Payment Solutions Business Development
Manager, Accelya
Amine Boulaghmen, Head of IATA Settlement Services Product
Portfolio, IATA
This session will cover the best practices in management with a
special focus on security and potential for critical business and
significant financial and reputational consequences. Learn how to
combat the cyber threat through information sharing and how to
create a “cyber fund” to protect against the impact of a cyber-
attack.
09:00 – 09:05
The Cyber Plague
Introduction from an IATA FinCom Member
09:05 – 09:20
The Cyber Plague - Is Contagion Inevitable?
A briefing on the latest developments in the Cyber threat as seen
by Tarquin Follis of the Assured Digital Group, a leading U.K.
consultancy.
Tarquin Follis O.B.E, Chief Assurance Officer, Assured
Digital Group
09:20 – 09:50
The Cyber Plague - Prevention and Containment
A panel discussion on measures the aviation industry could adopt
to combat the cyber threat.
Moderator:
Stephen Darnley, Corporate Treasurer, IATA
Panelists:
Tarquin Follis, Chief Assurance Officer, Assured
Digital Group
Pascal Buchner, Director ITS, IATA
Holly Medforth, Insurance Broker, JLT Group
09:50 – 10:15
The Cyber Plague - Protection and Cure
An analysis of the current insurance related solutions for
managing cyber risk and the ways these can be used to protect
the enterprise and assist in the speedy recovery from an attack.
Holly Medforth, Insurance Broker, JLT Group
10:15 – 10:30
The Cyber Plague - IATA Round Up
A reflection on the preceding discussions summary of actions
taken and future initiatives planned by IATA to address the cyber
threat to the industry.
Stephen Darnley, Corporate Treasurer, IATA
10:30 - 11:15 Networking Coffee Break
WFS 2017
Program Directory
Payment Sponsored by Risk Management
Streamlining Operations in
Support of
Financial Sustainability Sponsored by
The airline industry continuously strives to achieve back
office efficiencies in its continuous search for profitability
and long term financial sustainability. Among the many
industry efforts in this category, are the recent efficiency
enhancements in the areas of real-time risk management
monitoring, ADM industry streamlining, and New Gen ISS
enhancements. Reducing industry cost at a holistic level,
to both airlines and agency communities, is the
cornerstone to our long-term sustainability.
09:00 – 09:20
Real-time Risk Management it is Not a Dream
Anymore
Historically, risk management tools leveraged themselves
on the previous day’s agency sales information. Current
technology permits for real-time sales monitoring to take
place, allowing for risk management decision making to
occur at the ticket sale level.
Martina King, CEO, Featurespace
09:20 – 09:40
The Road to Diagnosing Revenue Leakage Causes
Starts From the Back Office
Reducing the amount of system inefficiencies that trigger
the need for costly and labor intensive ADM processes is
and must continue to be an industry objective. Come see
how the ADM Industry Working Group constituted by
Airlines, Agencies, GDS and ATPCO plans to reduce
millions of dollars wasted to manage inefficiencies
resulting in ADMs.
Amber Wan, Manager ADM Management &
Reduction Project, IATA
09:40 – 10:00
New Gen ISS Brings More Choice and Cost Efficiency
to the Distribution and Payment Channels
The many improvements anticipated from New Gen ISS,
the pay-as-you-go model are expected to be of
tremendous value to both airlines and agents that choose
to take advantage of this opportunity. Acceleration of cash
flow to airlines and reduction of financial security
requirements at the agent level will be some of the key
advantages of the program. For those requiring financial
securities under the new program, the traditional
guarantee process will no longer be the only option, as an
insurance program with global reach will be at your
fingertips.
Mike Reynolds, Regional Director Northern Europe
World Agency, Euler Hermes
10:00 – 10:30
Interactive Panel Discussion and Q&A Session
Juan Antonio Rodriguez, Director, Financial
Distribution Services Operations, IATA
Thursday, 28 September 2017
11:15 - 12:45 Specialized Tracks
FinTech Sponsored by Unlocking the Cash aka
Blocked Funds
The FinTech session will address the fundamental question
of what impacts and opportunities offer Fintech to different
industries. Learn about the current state of Fintech, the
trends and the vision for the future.
11:15 – 11:30
Current State of FinTech
What is the current state of the FinTech phenomenon?
Identified use case, key players, investments evolution, etc.
Dominique Perron, Assurance Partner, PwC
11:30 – 11:45
Five Things an Airline CFO Needs to Know About
Payments
Payment leader will share most important drivers around
payments that airlines need to master to be in control.
Thomas Helldorff, VP Vertical Growth—Airlines &
Travel, Worldpay
11:45 – 12:00
Blockchain Trading and ICOs
Our speaker will talk about multi-assets trading platform and
share his recent experience raising capital through an ICO
(Initial Coin Offering) .
Richard Olsen, Founder & CEO, Lykke
12:00 – 12:15
Creating New Payment Protocols
Our speaker will present how the usage of smart tokens can
accelerate open banking around the world.
Huw Davies, VP Payments, Token Inc.
12:15 – 12:45
Panel: How to Catch the Fintech Wave?
Does your company need to be a first mover or just get
ready to be a fast follower? Our experts will discuss how
companies can approach the Fintech wave to maximize
opportunities and reduce threats.
Dominique Perron, Assurance Partner, PwC
Thomas Helldorff, VP Vertical Growth—Airlines &
Travel, Worldpay
Richard Olsen, Founder & CEO, Lykke
Huw Davies, VP Payments, Token Inc.
Carlos Sanchez, Founder & CEO, Ipagoo
Brendan McKittrick, Chief Technology Officer,
Accelya
Unlocking the Cash is a major issue for the industry and
the direct cost is over 200 million per annum. This
session will communicate, share and discuss options of
currency repatriation, establishment of new routes,
implementation of Bilateral Air Agreement, GSA and
Procurement to limit currency exposure and
unconventional FX partner.
11:15 – 11:40
How to Provide Liquidity in Difficult Markets?
- Business risk FX and regulation
- Understand your counterparty
- Strengths & weaknesses of financial service provision in
regulated markets
David Cowan, Citibank Africa Economist
11:40 – 12:00
Fintech to the Rescue
- From Lykke to Ethereum, can technology address the
FX issues?
- From Nigeria to Kenya, a bitcoin-based live service
David Yen, Head of Global Strategic
Partnerships, BitPesa
12:00 – 12:15
One Year of Lobbying Effort
Progress from Egypt to Bangladesh and Challenges from
Venezuela to Angola
Arnaud Francq, Director FSS, IATA
12:15 – 12:45
Panel of Experts From Theory to Practice
Currency Repatriation, a multi-faceted issue, from
network development, corporate affairs to FX dealing.
Moderator:
Arnaud Francq, Director FSS, IATA Panelists:
Vijay S.G. Panday, Director Group Treasury &
Risk Management, KLM Royal Dutch Airlines
Andrew Matters, Head of Industry Analysis,
IATA
IATA together with the airlines and industry partners have
developed the required standards that cover the entire
fueling process from tender to invoicing. Adoption of these
industry data standards will deliver substantial benefits to
both suppliers and customers of aviation fuel.
11:15 – 12:45
“E-Fueling” - Making the Industry Even More
Competitive Digitalization and automation of the fueling process data
will improve accuracy, eliminate duplication and improve
efficiency of aircraft turnaround and data handling with
potential significant benefits to the airlines and
stakeholders.
IATA together with the airlines and industry partners have
developed the required standards that cover the entire
fueling process from tender to invoicing. Adoption of these
industry data standards will deliver substantial benefits to
both suppliers and customers of aviation fuel.
Moderator:
Hemant Mistry, Director Global Airport
Infrastructure & Fuel, IATA Panelists:
Shakti Chopra, Sr. Director Procurement & Fuel
Management , Atlas Air Thorsten Lange, Director Fuel Purchasing,
Lufthansa AG Mark Johnson, Company Partner, Ebits
E-Fueling, Making the Industry Even More
Competitive
12:45 - 14:00 Networking Lunch
WFS 2017
Program Directory
Sponsored by
Thursday, 28 September 2017
14:00 - 16:00
16:00 Networking Coffee Break
WFS 2017
Program Directory
14:00 – 14:20
Innovation: How is IATA and the aviation industry approaching innovation? Discover some key technological trends and latest industry proj ects.
We will interview Russian airline S7 that recently launched a project to sell tickets using blockchain technology.
Juan Ivan Martin, Head of Innovation FDS, IATA
Pavel Voronin, CIO, S7
14:20– 14:40
The Fintech Revolution
How new tech is impacting our financial world. What are the trends and what will the near future look like?
Plug and Play will explain how airlines can innovate in this area through partnership with startups.
Scott Robinson, Founder & VP, Plug & Play
14:40– 15:00
Becoming a Future Compatible Competitor
Learn how Citigroup is transforming its mindset, model and culture to ignite sustainable client-led growth.
Stephen Bird, CEO Global Consumer Banking, Citigroup
15:00 – 15:30
Panel: Too Big to Change?
Our experts will discuss how large institutions such as airlines can accelerate innovation to stay relevant.
Moderator:
Juan Ivan Martin, Head of Innovation FDS, IATA Panelists: Stephen Bird, CEO Global Consumer Banking, Citigroup
Osama Hirzalla, Vice President Sales & Distribution Europe, Marriott Hotels International Limited
Vanessa Manning, Managing Director, Head, Cash Product Management Europe & Americas Transaction Banking, Standard Chartered Bank
Scott Robinson, Founder & VP, Plug & Play
Pavel Voronin, CIO, S7
15:30 – 15:45
What Should the Industry Priorities be for 2018 and Onward?
Michael Doersam, SVP Group Finance, Emirates & Chairman of IATA Financial Committee
15:45 – 16:00 Closing Remarks and WFS 2018 Announcement
Aleks Popovich, SVP, Financial and Distribution Services, IATA
Innovation Jam Session
Industry Priorities for 2018 and Onwards
Gold Sponsors
Silver Sponsors
4th World Financial Symposium
27 - 28 September 2017 I Dublin, Ireland
A Special Thank You to our Sponsors!
WFS 2017
Program Directory
Bronze Sponsors
WFS Principal Sponsor
Supporting Airlines
Supporting Organizations
Media Partners
Platinum Sponsor
Official Media Partner
