VTB First Deputy President Vasily Titov on 20 March spoke at a session of the B20 Finance Task Force held to coincide with Russian Business Week, an annual event run by the Russian Union of Industrialists and Entrepreneurs.
The session – given the title “Restoring Confidence in the International Financial System to Support Economic Growth” – brought together members of the B20 Finance Task Force and international financial experts, and identified a number of issues that will be used to formulate recommendations for G20 leaders.
Speakers included Vasily Titov, First Deputy President and Chairman of VTB Bank Management Board; Ksenia Yudaeva, Chief of the Presidential Experts Directorate and Russia’s G20 Sherpa; Stuart Lawson, Executive Director of Ernst & Young; Dmitry Dmitriev, Global Co-Head of Research at VTB Capital; Edouard Francois de Lencquesaing, Managing Director of the European Institute of Financial Regulation; Catherine Minard, International Relations Director at MEDEF; and Mark Burrows, Credit Suisse Vice Chairman for Investment Banking in Asia Pacific.
The list of final recommendations for the G20 leaders will be presented during the St. Petersburg International Economic Forum on June 20-22, 2013.
«Today’s meeting is particularly important, as it is in effect a dress rehearsal for the St Petersburg International Economic Forum, when our task force will hold its final meeting. Everyone at today’s session had the opportunity to comment on and advance proposals on important topics including financial regulation, financial inclusion and financial market infrastructure. I am confident that we will complete the list of recommendations in the near future and will present to the G20 leaders a common stance that will reflect the opinions of the world’s leading financial experts.»
First Deputy President and Chairman of VTB Bank Management Board