Economic Forecasting

Why organisations work with Marcelo Carvalho He has run a global economics function at a major European universal bank, which means his read on rates, currencies and country risk is the same view senior fund managers and corporate treasurers are paying for. He has been Chief Economist for Brazil at three global investment banks (J.P. Morgan, Morgan Stanley, Bank of America), giving him a depth on Latin America and emerging markets that very few generalist macro speakers can match. He bridges markets and policy: two years at the IMF, two decades on the sell side, now a Senior Research Associate at ODI Global, the London-based development and policy think tank. He briefs CFOs and finance ministers with equal fluency. He has been recognised repeatedly by Institutional Investor and Latin Finance for Brazil macro coverage, signalling that his calls have been judged credible by the buy-side audience that uses his research commercially. He briefs in English, Spanish and Portuguese, which matters for organisations whose leadership team or investor base sits across the Americas and Europe. Biography highlights Senior Research Associate, ODI Global, London Former Global Head of Economics at BNP Paribas, after leading the bank’s Global Emerging Markets Research and Latin America Research desks Former Chief Economist for Brazil at J.P. Morgan, Morgan Stanley and Bank of America Two years as an economist at the International Monetary Fund PhD in Economics, University of Illinois at Urbana-Champaign; MSc and BA in Economics, University of Sao Paulo Multiple Institutional Investor and Latin Finance awards for Brazil macro research; regular contributor to Bloomberg, CNBC, Reuters, Financial Times, The Economist and Wall Street Journal Biography The macro environment that institutional investors and corporate boards built their playbooks around between 1990 and 2020 is no longer the environment they are operating in. Trade is fragmenting, monetary policy is diverging across the major blocs, and emerging markets are once again a source of structural opportunity and structural risk at the same time. Reading that map well is now a board-level skill, not a back-office function. That is the territory Marcelo Carvalho has worked in for three decades, now as Senior Research Associate at ODI Global, the London-based development and policy think tank where he contributes to its macroeconomic research series. He was previously Global Head of Economics at BNP Paribas in London, leading the bank’s economics function across developed and emerging markets, having earlier run its Global Emerging Markets Research and Latin America Research desks from Sao Paulo. His earlier career sits squarely on the trading floor of global investment banking. He was Chief Economist for Brazil at J.P. Morgan, Morgan Stanley and Bank of America, the kind of seat where the call has to be defensible to portfolio managers within the hour. Two years as an economist at the IMF before joining BNP Paribas in 2010 give him a public-sector perspective that most sell-side economists do not have. He holds a PhD in Economics from the University of Illinois at Urbana-Champaign and Masters and Bachelor degrees from the University of Sao Paulo. His research on Brazil has been recognised in successive Institutional Investor and Latin Finance polls. He briefs boards and investor audiences in English, Spanish and Portuguese, and is a regular voice on Bloomberg, CNBC, Reuters, Financial Times, The Economist and the Wall Street Journal. Key speaking topics Global macroeconomic outlook Geopolitics and global markets Emerging markets strategy Latin America macroeconomics Monetary policy and inflation Trade policy and supply-chain fragmentation Currency dynamics and capital flows Ideal for Boards and investment committees setting medium-term capital allocation against a shifting macro backdrop CFOs, treasurers and CIOs at corporates and asset managers with exposure to emerging markets or currency risk Strategy and risk leaders translating geopolitical fragmentation into corporate planning and decision-making Banking, insurance and financial services leadership teams briefing clients on global outlook Policy forums, sovereign investor conferences and economic summits with a Latin America or emerging-markets agenda Audience outcomes A clearer read on which macro shifts are cyclical noise and which are structural enough to change planning assumptions A working view of where rates, inflation and currencies are likely to diverge across major economies and what that means for cross-border decisions A specific assessment of emerging market risk and opportunity, with Brazil and wider Latin America treated in detail rather than as a sidebar An understanding of how trade policy, supply-chain fragmentation and political risk are being repriced by global investors Macroeconomic content delivered as a narrative a leadership audience can repeat back to its own board, not a research deck

Why organisations work with Dan Walters Five decades inside the Sacramento Capitol press corps, from Jerry Brown’s first governorship to the current administration, with relationships that predate most of the elected officials he covers. Founding editor of the California Political Almanac and co-author of The Third House, the standard reference on lobbying inside the California legislature. One of the few commentators who reads the state budget, the floor calendar and the ballot initiative pipeline as a single connected system, then explains it in language a board can act on. Over 9,000 columns syndicated across dozens of California papers, with a track record of calling political and fiscal shifts before they reach the national press. Biography highlights Opinion columnist, CalMatters (2017 to present), writing four times weekly on California politics and policy. Daily column previously ran in The Sacramento Bee for 33 years and The Sacramento Union for three. Author, The New California: Facing the 21st Century, used as a college text on California socioeconomic and political trends. Co-author, The Third House: Lobbyists, Money and Power in Sacramento (University of California Press). Founding editor, California Political Almanac. Frequent on-air commentator on California policy for CNN, Fox and PBS SoCal. Biography California’s legislature, governor’s office and ballot system together set policy that reshapes regulation, labour costs and capital allocation across the country. Reading that system from the outside is hard. Reading it from inside the Capitol press corps for fifty years is a different proposition. Walters joined the Sacramento Union’s Capitol bureau in 1975, became its bureau chief, and in 1981 launched the only daily newspaper column dedicated to California state politics. He moved the column to The Sacramento Bee in 1984, where it ran for 33 years, then to CalMatters in 2017, where it continues four times a week. The total now exceeds 9,000 columns syndicated across dozens of California papers. The body of work behind the column matters. The New California: Facing the 21st Century, drawn from a 9,000-mile drive through all 58 counties, became a college text on the state’s socioeconomic direction. The Third House, co-authored and published by the University of California Press, remains a standard reference on how lobbying actually functions inside the California legislature. He is also the founding editor of the California Political Almanac. For an audience trying to anticipate California’s next move, that history is the value. Walters can name which committees decide what, which lobbies are ascendant, which budget assumptions are about to fail and which initiatives have the signatures to reach the ballot. CNN, Fox and PBS SoCal use him as a California policy commentator for the same reason boards do: he has been inside the room while the rules were being written. Key speaking topics California political and policy outlook Sacramento legislative and budget process Lobbying and interest-group power in California California ballot initiatives and direct democracy California’s economic and demographic trajectory Public works planning and finance under polarised politics Election-year political climate Ideal for Boards, general counsel and government-affairs leaders with material California exposure Industry associations, infrastructure and public-works bodies operating in the state Investors and operators tracking California regulatory and fiscal direction Public agencies, joint-powers authorities and policy convenings Audience outcomes A clearer read of where California policy is heading on tax, regulation and spending Specific names and committee dynamics behind the issues most relevant to their sector A working sense of which interest groups are winning and losing inside Sacramento Sharper questions for their own government-affairs and risk teams Distinction between political theatre and the decisions that will actually move

Why organisations work with Calum Chace He has built two books and two operating ventures around the same argument: that AI changes capability, then labour, then the structure of the economy. Boards hear a coherent thesis, not a trend update. He coined the term “economic singularity” and wrote the book on it. Leadership teams trying to think clearly about technological unemployment get the original framing, not a recycled version. Through Conscium, the AI safety company he co-founded in 2024, and the linked PRISM research non-profit, he speaks from inside the live debate on machine consciousness and agent evaluation, not from the sidelines. Thirty years across BBC journalism, Financial Times writing, KPMG strategic intelligence and CEO roles mean he frames AI for commercial audiences in language they already use. Biography highlights Co-founder of Conscium (2024), an AI safety company working on neuromorphic computing, AI agent evaluation, and machine consciousness. Co-founder of the Economic Singularity Foundation, a think tank on the future of jobs in an AI economy. Author of Surviving AI and The Economic Singularity, plus the techno-thrillers Pandora’s Brain and Pandora’s Oracle. Co-host of the London Futurist Podcast and the PRISM Podcast on sentient machines. Read Philosophy, Politics and Economics at Oxford; trained as a journalist with the BBC; contributed to the Financial Times. Former director of KPMG’s strategic and commercial intelligence media practice and CEO of several businesses before moving to full-time writing and speaking in 2012. Biography Artificial intelligence is two distinct strategic questions for a board, not one. The first is what AI does to the products and services a business sells. The second is what it does to the labour the business buys. Calum Chace has spent a decade arguing that the second question is the one most organisations are underprepared for, and that the gap between AI as a capability story and AI as an economic story is where the strategic risk sits. His two non-fiction books frame that gap. Surviving AI deals with the long-term safety question once machines start to match and then exceed human capability. The Economic Singularity gave a name to the moment when technological unemployment becomes the dominant labour reality, and made the case that this is a question of decades, not centuries. The economic singularity is now a term other writers use; he wrote the book it came from. The work has continued into operating ventures. In 2024 he co-founded Conscium, an AI safety company developing neuromorphic computing, agent evaluation methods and research on machine consciousness. Conscium has since seeded PRISM, a non-profit researching sentient machines, which he co-hosts as a podcast. Earlier, he co-founded the Economic Singularity Foundation, a think tank on the future of jobs. Before any of that, Chace read PPE at Oxford, trained as a BBC journalist, wrote for the Financial Times, ran the media practice at KPMG’s strategic and commercial intelligence group, and held several CEO roles. That commercial background is why his talks for senior audiences sound like strategy conversations rather than technology briefings, and why he can argue both sides of the AI question, capability and consequence, in the same room. Key speaking topics Artificial intelligence and the two singularities The economic singularity and the future of jobs AI safety, alignment and machine consciousness Digital transformation and AI in the enterprise AI in healthcare AI in education The philosophy of AI Ideal for Boards and executive committees building a long-range AI strategy CHROs and people leaders facing workforce redesign around AI capability Conferences for technology, financial services, healthcare and professional services leadership Government, regulator and policy audiences working on AI governance and labour-market policy Audience outcomes A clearer separation between AI as a product question and AI as a labour question, and a sense of which one their organisation is more exposed to. A working definition of the economic singularity and a view on whether the case for serious technological unemployment is credible. A more informed position on AI safety, machine consciousness and agent evaluation as governance issues, not laboratory topics. Language and reference points senior leaders can use in their own board and investor conversations about AI.

Why organisations work with Geoff Cutmore He has interviewed every president of the European Central Bank and the last three Bank of England governors, which means a central banker on his panel will recognise the questioning standard and answer accordingly. He moderated the Global Economic Outlook panel and other plenaries at the World Economic Forum in Davos for more than twenty years, including a 2022 session with Kristalina Georgieva, Jane Fraser, Francois Villeroy de Galhau, and David Rubenstein. His 2014 panel with Vladimir Putin at the St Petersburg International Economic Forum, which Putin closed by calling him a “scary person” who kept the conversation businesslike, is on the record as evidence of his composure with hostile principals. He authored New Market Mavericks (Wiley, 2004), a book of interviews with leading market traders, giving him a working vocabulary for the buy side as well as the policy desk. A decade based in Hong Kong with CNBC Asia before Europe gives him fluency on Boao, China Development Forum, and the Asia leg of any global economic story. Biography highlights Anchor of Squawk Box Europe on CNBC from 1999 to June 2023, after a thirty-year career across CNBC Asia and CNBC Europe. Author of New Market Mavericks, published by Wiley in 2004. Moderator of the Global Economic Outlook and other plenary sessions at the World Economic Forum in Davos for more than twenty years. Conducted on-stage interviews with Vladimir Putin at the St Petersburg International Economic Forum, Tony Blair, John Major, Gerhard Schroeder, and George Soros. Regular moderator at IMF and World Bank annual meetings, the Boao Forum, the China Development Forum, and United Nations Climate Change conferences. Contributor to the World Economic Forum Agenda. Biography Squawk Box Europe is where European institutional money starts its day, and from 1999 until June 2023 the person setting that agenda was Geoff Cutmore. Over three decades at CNBC, first in Hong Kong with CNBC Asia and then in Europe, he built the interviewing range that takes a guest from rate expectations to sanctions exposure to a board-level cash question without losing the room. The list of principals he has questioned on air or on stage is the working evidence. Every president of the European Central Bank. The last three governors of the Bank of England. US Treasury secretaries, IMF and World Bank heads, Tony Blair, John Major, Gerhard Schroeder, George Soros. In 2014 he chaired a ninety-minute panel with Vladimir Putin at the St Petersburg International Economic Forum, which closed with Putin calling him a “scary person” who had kept the exchange businesslike. That is the kind of credit only earned by holding a difficult line in front of a hostile principal. He has moderated the Global Economic Outlook panel and other plenaries at the World Economic Forum in Davos for more than twenty years, including the 2022 session with Kristalina Georgieva, Jane Fraser, Francois Villeroy de Galhau, and David Rubenstein. He also chairs sessions at the IMF and World Bank annual meetings, the Boao Forum, the China Development Forum, and United Nations climate conferences. His book New Market Mavericks, published by Wiley in 2004, collects interviews with leading traders and gives him a working second language for the buy side. What an organisation gets when it puts him on stage is a chair who has already had the conversation with the person sitting next to him, usually more than once, and who can move the panel through monetary policy, geopolitics, and corporate strategy without giving up the line of argument. Key speaking topics Global economic outlook and central bank policy Geopolitical risk and the world order Financial markets and investor strategy Energy transition and climate policy China and the Asia growth story Conference and panel moderation Senior executive interviews Ideal for Boards and investment committees commissioning a moderated session on the macro and geopolitical outlook CFO, treasury, and capital markets audiences requiring a chair who can question central bankers and policymakers on equal terms Global summits and annual conferences with multi-principal plenary panels on economy, energy, or geopolitics C-suite client events for asset managers, banks, and professional services firms Audience outcomes A clearer read on the current macro, monetary, and geopolitical picture from the principals shaping it, drawn out in real time rather than rehearsed. A session that holds shape across competing speakers, with the chair keeping the argument moving and the audience oriented. Specific named answers from policymakers and CEOs on the questions a senior audience actually has, not the questions a moderator has been briefed to ask. A conversation calibrated to the room, whether that is a Davos plenary, an investor day, or a board offsite.

Why organisations work with Horst Köhler Direct experience at the top of the IMF during the Brazil and Turkey debt crises, with operational responsibility for the response and for expanding debt relief to the poorest countries. Negotiator of the Maastricht Treaty on Economic and Monetary Union, giving boards a primary-source perspective on how the architecture of the eurozone was built and where its stress points lie. Sustained authority on Africa-Europe relations through the AU-EU High-Level Panel and the Partnership with Africa initiative he convened as Federal President. Rare combination of central-bank-adjacent technical credibility (EBRD presidency, IMF) with elected political legitimacy at head-of-state level. Biography highlights President of Germany, 2004 to 2010. Managing Director and Chairman of the Executive Board, International Monetary Fund, 2000 to 2004. President, European Bank for Reconstruction and Development, 1998 to 2000. State Secretary, German Federal Ministry of Finance, and Germany’s chief negotiator of the Maastricht Treaty on Economic and Monetary Union. UN Secretary-General’s Personal Envoy for Western Sahara, 2017 to 2019. Co-founder, Eva Luise and Horst Köhler Foundation for rare disease research, established 2006. Recipient of the Global Economy Prize, Kiel Institute, 2017. Biography The institutions that defined the post-1990 economic order were built in a specific moment. The Maastricht Treaty, the IMF’s debt-relief frameworks, the G7’s coordination architecture were all designed for a world that assumed open trade, declining inflation, and the gradual integration of emerging economies. Köhler spent his career inside those institutions at the moments they were being built and stress-tested. As State Secretary in the German Federal Ministry of Finance he was Germany’s chief negotiator on the Maastricht Treaty and on the German-German monetary union, before moving to the presidency of the European Bank for Reconstruction and Development in 1998. From 2000 to 2004 he led the IMF through the Brazilian and Turkish debt crises and expanded debt relief for the world’s poorest economies. The technical brief and the political brief were the same brief. His presidency of Germany, 2004 to 2010, made the Africa-Europe relationship the centre of his public agenda. He convened the Partnership with Africa initiative as a sustained dialogue between heads of state, entrepreneurs, and intellectuals from both continents, and after leaving office co-chaired the African Union High-Level Panel on Africa-Europe relations and served as UN Personal Envoy for Western Sahara. The intellectual position underneath the work is that Europe still does not treat Africa as an independent political subject with its own agency and options. That argument, developed across two decades of speeches, is what made him a distinctive voice rather than a former office-holder on a circuit. Key speaking topics International monetary system and sovereign debt The Africa-Europe partnership The eurozone, Maastricht, and the architecture of EMU Global poverty reduction and development finance Multilateralism and the reform of international institutions Sustainability and climate finance Ideal for Boards and executive committees in financial services, multinational industrials, and infrastructure with material exposure to emerging markets, especially African economies. Government, multilateral, and development-finance audiences working on debt, climate finance, or institutional reform. Foundations, family offices, and impact-investment platforms with an Africa or Global South thesis. Audience outcomes A primary-source account of how the IMF actually handles a sovereign debt crisis at executive-board level. An informed view on what the AU-EU relationship looks like from inside the panels that have shaped it. A grounded reading of where the post-1990 multilateral order is brittle and where it still functions. Direct exposure to the strategic case for treating Africa as a peer political and economic counterpart, not an aid recipient.

Why organisations work with Kwasi Kwarteng A first-person account of running HM Treasury during the September 2022 sterling and gilts crisis, with the candour of someone who has since written and spoken openly about what the markets did and why. Three years inside UK energy policy as Secretary of State at BEIS, including offshore wind auction reform and the Sizewell C nuclear decision, useful for any board pricing the gap between net zero ambition and capital reality. A Cambridge PhD in economic history with four published books on empire, debt and Thatcherism, giving long-cycle context to the inflation, sovereign debt and currency questions now back on board agendas. A vantage point shared by very few speakers in the market: cabinet-level decision making and post-government reflection on what political and market forces actually constrain a Chancellor. Biography highlights Chancellor of the Exchequer, September to October 2022. Secretary of State for Business, Energy and Industrial Strategy, 2021 to 2022. Member of Parliament for Spelthorne, 2010 to 2024; first Black Conservative MP and first Black Conservative to attend Cabinet. PhD in economic history, Trinity College, Cambridge; Kennedy Scholar at Harvard; Newcastle Scholar at Eton. Author of Ghosts of Empire (Bloomsbury, 2011), War and Gold (2014), Thatcher’s Trial (2015); co-author of Britannia Unchained (2012). Biography The September 2022 mini-budget is one of the cleanest case studies of political risk hitting a balance sheet that any boardroom will see this decade. Sterling fell to a record low against the dollar within days. Gilt yields spiked, the Bank of England intervened in the long-dated market, and a sitting government reversed almost every line of its own fiscal statement inside a month. Kwasi Kwarteng was the Chancellor who delivered it. He has since written and spoken openly about the episode, the orthodoxy he was challenging, and the market mechanics that overran the politics. That post-government candour, paired with the seat he occupied, is rare. Most former finance ministers either defend the record or disappear. He does neither. The credentials behind the role matter for serious audiences. Trinity College, Cambridge, a PhD in economic history on the 1690s recoinage crisis, a Kennedy Scholarship at Harvard, and four published books on empire, debt and Thatcher’s economic statecraft. Ghosts of Empire (Bloomsbury, 2011) reads imperial collapse as a story of individual improvisation rather than coherent design. War and Gold traces five hundred years of money, debt and speculation. The historian’s frame is what gives his account of 2022 weight beyond political memoir. His earlier ministerial brief at BEIS sits directly inside the energy transition conversation that now dominates capital allocation discussions. Annual offshore wind auction rounds, the UK’s first Innovation Strategy, and the Sizewell C nuclear funding decision were taken on his watch. For a board working through the gap between stated net zero policy and the cost of capital required to deliver it, that operational experience is unusually concrete. Key speaking topics UK and global macroeconomic policy Sovereign debt, currency and central bank credibility Energy transition and net zero policy UK politics and Whitehall decision-making Geopolitics, trade and post-Brexit positioning Empire, money and the long history of capital Ideal for Board and CFO audiences pricing political and fiscal risk into capital decisions. Energy, utilities and infrastructure leaders working through the policy-to-capital gap on net zero. Asset managers, banks and corporate treasury functions reading sovereign and currency risk. Senior public affairs and government relations teams operating across UK and EU policy. Audience outcomes A first-person read of how the September 2022 fiscal statement moved through markets and what it says about sovereign credibility today. A historian’s longer view of debt, currency and empire applied to current macro questions. Specific UK policy detail on offshore wind, nuclear and industrial strategy from inside the relevant department. A clearer mental model of how political decisions translate into balance sheet outcomes, and how quickly.

Why organisations work with Daniel Susskind A rare voice arguing the economics of AI rather than the technology, drawing on academic work at Oxford, King’s College London and the Stanford Digital Economy Lab. Author of two of the most serious books on the subject leaders are now wrestling with: A World Without Work on AI-driven labour displacement, and Growth: A Reckoning on what economic growth itself should be for. Independent recognition from credible bodies. Growth: A Reckoning was runner-up for the Financial Times Business Book of the Year 2024 and selected by Barack Obama among his favourite books of the year. A World Without Work was also an FT Business Book of the Year runner-up. Sits inside the policy conversation, not just the academic one. Member of the UK Government Expert Panel on AI and the Future of Work, with prior roles in the Prime Minister’s Strategy Unit, 10 Downing Street and the Cabinet Office. Speaks directly to the question every professional services firm and large employer is now asking, which is what happens to the work, the workforce and the business model as AI absorbs more of what experts used to be paid for. Biography highlights Mercers’ School Memorial Professor of Business, Gresham College. Research Professor in Economics, King’s College London. Senior Research Associate, Institute for Ethics in AI, Oxford University, and Associate Member of the Oxford Economics Department. Digital Fellow, Stanford Digital Economy Lab. Author of “Growth: A Reckoning” (2024), “A World Without Work” (2020), and co-author of “The Future of the Professions” (2015). Two FT Business Book of the Year runner-up nominations. Member of the UK Government Expert Panel on AI and the Future of Work. Former Prime Minister’s Strategy Unit, 10 Downing Street Policy Unit, and Cabinet Office. Kennedy Scholar at Harvard. Biography The economic question AI poses to boards is not whether it will take jobs. It is which tasks, in which roles, at what pace, and what that does to the wage bill, the talent pipeline and the growth model the business has been built on. Most public discussion stops at the headline. Daniel Susskind’s work starts where the headline ends. “The Future of the Professions”, co-authored with Richard Susskind in 2015, argued that AI would unbundle expert work in law, medicine, accounting and consulting into tasks that machines, paraprofessionals and software would absorb. A decade on, the prediction reads as conservative. “A World Without Work” then took the argument into the wider labour market, asking how societies should distribute income, status and meaning when paid work becomes scarcer for more people. The New York Times called it “required reading for any potential presidential candidate thinking about the economy of the future”. “Growth: A Reckoning”, a Financial Times Business Book of the Year runner-up in 2024 and chosen by Barack Obama as a favourite book of that year, sits behind both. It treats economic growth as a deliberate choice about what societies value, not an inherited assumption. For corporate leaders the relevance is direct. Capital allocation, productivity claims and ESG narratives all rest on growth assumptions that no longer hold without examination. Susskind’s institutional base is unusually broad: Research Professor at King’s College London, Senior Research Associate at Oxford’s Institute for Ethics in AI, Mercers’ School Memorial Professor of Business at Gresham College, and Digital Fellow at the Stanford Digital Economy Lab. He sits on the UK Government Expert Panel on AI and the Future of Work, and previously advised inside the Prime Minister’s Strategy Unit, 10 Downing Street and the Cabinet Office. His TED Talk on the future of work has been viewed more than 1.7 million times. Key speaking topics Artificial intelligence and the future of work The future of the professions Economic growth and its limits Labour market disruption and workforce redesign AI policy and regulation Productivity, automation and the firm Technology, inequality and the social contract Ideal for Boards and executive committees of professional services firms grappling with AI’s impact on the expert business model CHROs and chief people officers planning multi-year workforce design around AI CEOs, CFOs and chief strategy officers debating growth, productivity and capital allocation Government, regulator and public-sector leadership audiences working on AI and labour-market policy Audience outcomes A grounded economic view of how AI changes work, distinct from the consultancy version Sharper questions to put to the firm’s own workforce and productivity assumptions A working frame for distinguishing AI hype from the shifts that will actually hit the P&L A clearer position on what growth means for the business, and where the inherited growth model is breaking Vocabulary and reference points senior teams can use to brief their own boards on AI and workforce strategy

Why organisations work with Daniel Lacalle He is one of the few macro voices who has run institutional capital at Citadel and PIMCO, which means his read on central banks, rates and currencies is shaped by position-taking, not commentary. His work on monetary policy, set out in Escape from the Central Bank Trap, gives boards a specific framework for understanding why stimulus produces weaker growth and persistent inflation rather than the recovery policymakers promise. The Energy World Is Flat anticipated the structural shift in oil, gas and commodity markets that now sits at the centre of every industrial capital plan, energy security review and net zero financing decision. He sits across the macro and the energy desk in a way almost no other economist on the speaking circuit does, which matters for any board with significant exposure to commodities, infrastructure or sovereign risk. A regular voice on CNBC, Bloomberg, the Wall Street Journal and the World Economic Forum Agenda, so the analysis a room hears in private is the analysis institutional investors are pricing in public. Biography highlights Chief Economist at Tressis SV; former Vice President at PIMCO and portfolio manager at Citadel and Ecofin Limited. Professor of Global Economics at IE Business School and lecturer at the London School of Economics. Author of Life in the Financial Markets (Wiley), The Energy World Is Flat (Wiley), Escape from the Central Bank Trap (Business Expert Press) and Freedom or Equality (Post Hill Press). Ranked among the world’s twenty most influential economists by Richtopia in 2016, 2017 and 2019, and placed fifth in 2020. Voted Top 3 in the Thomson Reuters Extel Survey for five consecutive years across generalist, oil and electricity categories. Regular contributor to CNBC, Bloomberg, the Wall Street Journal, Fox News and the World Economic Forum Agenda, and weekly columnist for El Español. Biography Central banks have spent fifteen years running the largest monetary experiment in modern history. Boards now have to allocate capital inside the consequences. Daniel Lacalle has spent his career on the side of the trade where being wrong about the macro has a price, first at Citadel, then at Ecofin, then as Vice President at PIMCO. That experience sits underneath the books. Escape from the Central Bank Trap argues that easy money produces fragile balance sheets, asset inflation and weaker real growth, not the recovery policymakers describe. The Energy World Is Flat, written before the shale revolution remade global oil markets, set out why the assumptions priced into long-dated energy contracts no longer held. Both have moved from contrarian reading to mainstream reference inside investment committees. Since 2015 he has been Chief Economist at Tressis SV and a professor of global economics at IE Business School, with lecturing roles at the London School of Economics and IEB. His weekly commentary in El Español, his monthly slots on CNBC and Bloomberg, and his contributions to the World Economic Forum Agenda give boards a continuous read on rates, currencies, sovereign debt and energy that lines up with how institutional capital is actually positioned. The reason serious organisations book him is narrower than the topic list suggests. He is one of a small number of speakers who can sit across monetary policy and energy markets at the same time, with the credibility of having priced both inside a fund. For any board with material exposure to commodities, sovereign risk, or the cost of capital, that is the conversation that matters. Key speaking topics Monetary policy and central bank intervention Inflation, currencies and the cost of capital Global energy markets and security of supply Sovereign debt and fiscal sustainability Macroeconomic risk and capital allocation Geopolitics and global financial markets Ideal for Boards, investment committees and CFOs reviewing capital allocation under rate and currency volatility Energy, utilities and industrial leadership teams managing commodity exposure and the economics of the energy transition Banking, asset management and family office audiences setting macro positioning Sovereign and policy audiences working on fiscal, monetary and energy questions Audience outcomes A direct read on what current central bank policy implies for inflation, rates and the real cost of capital over a multi-year horizon A defensible view of structural conditions in global oil, gas and power markets, and what they mean for industrial investment A sharper sense of where sovereign and currency risk is being mispriced, and what that means for cross-border exposure The macro framing institutional investors are actually using, expressed in language a board can act on

Why organisations work with Blanca Moreno-Dodson Direct line of sight into how the World Bank, UNOPS and European institutions actually think about fiscal stability, tax cooperation and development finance, from someone who held senior operating roles in all three. Published authority on the rewriting of international tax rules, co-author of Winning the Tax Wars (Wolters Kluwer, 2017), which sits at the centre of how governments and multinationals are reorganising around BEPS and global minimum tax. A working interpreter of Mediterranean and MENA integration, with operational experience of regional dialogue on trade, climate and migration as Manager of the Center for Mediterranean Integration. Field-tested across more than four regions, with policy assignments in the Middle East and North Africa, Sub-Saharan Africa, Latin America and East Asia, which lets her speak credibly to boards with exposure across emerging markets. Bilingual fluency across English, Spanish, French and Portuguese, which makes her unusually effective in mixed-language executive rooms in Europe, Latin America and Francophone Africa. Biography highlights Lead Economist, World Bank Group, with senior roles on the Global Tax Team, West Africa Region, the Investment Climate Department and the Office of the Vice-President for Poverty Reduction and Economic Management. Manager, Center for Mediterranean Integration (CMI), the World Bank and UNOPS-hosted partnership based in Marseille. Director, United Nations Office for Project Services (UNOPS), 2021 to 2023. Co-author, Winning the Tax Wars: Tax Competition and Cooperation (Wolters Kluwer, 2017); author/co-author of four other books on fiscal policy and public finance published by the World Bank and CMI. Ph.D. in International Economics and Finance, Aix-Marseille University; executive education at Harvard Kennedy School. Affiliated economist with the Economic Research Forum, the Policy Center for the New South and the Navarra Center for International Development. Biography The architecture of international taxation is being rewritten while most boards are still operating on the version that preceded BEPS. Trade rules, fiscal transfers and regional integration agreements are moving with it. Leadership teams that treat these shifts as background noise are routinely the ones surprised by them. Winning the Tax Wars, co-authored with Brigitte Alepin and Louise Otis and published by Wolters Kluwer in 2017, sits inside that argument. It maps how globalisation of trade, digitisation of the economy and tax competition between states have exposed the limits of legacy tax systems, and what governments are now constructing in their place. Earlier work, including Is Fiscal Policy the Answer? (World Bank, 2013) and Public Finance for Poverty Reduction (World Bank, 2006), gives the policy spine that runs through her thinking. The credibility comes from inside the system. Twenty-six years at the World Bank Group, including Lead Economist positions on the Global Tax Team, the West Africa Region and the Office of the Vice-President for Poverty Reduction and Economic Management. Then Manager of the Center for Mediterranean Integration in Marseille, the partnership hosted by UNOPS that convenes governments, financial institutions and civil society across the Mediterranean basin. From 2021 to 2023, Director at UNOPS itself. For senior audiences this matters in a specific way. She does not theorise about how multilateral institutions and tax authorities behave; she has run programmes inside them. That makes her unusually effective with boards in extractives, infrastructure, financial services and any business whose tax exposure or regional footprint is being reshaped by the new fiscal order. Key speaking topics International taxation and the post-BEPS order Fiscal policy and inclusive growth Mediterranean and MENA regional integration Public-private sector dynamics in development finance Poverty reduction and macroeconomic policy Climate, migration and regional dialogue Globalisation, inequality and the development trajectory Ideal for Boards and executive teams with material tax, trade or regulatory exposure across MENA, Sub-Saharan Africa and Latin America CFOs and Heads of Tax navigating the global minimum tax and shifting international tax cooperation Government, development finance and multilateral audiences working on fiscal reform, regional integration and public finance Investor and policy forums where macroeconomic, fiscal and geo-economic context shapes capital decisions Audience outcomes A clear read of where international tax cooperation is heading and what that means for cross-border business A more accurate map of fiscal policy as a driver of growth, stability and political risk in emerging economies A working understanding of how Mediterranean and MENA integration shapes trade, migration and climate exposure An informed view of how multilateral institutions actually operate, and where their decisions land on corporate strategy Sharper questions to ask of internal tax, treasury and public affairs teams about exposure to the new fiscal order

Why organisations work with Dominic O’Connell He chairs financial services flagship events at the level institutions trust with their reputation, including two editions of TISA’s Annual Flagship Conference. He interviews executives the way a working business journalist does, with the framing of someone who has spent twenty years inside UK corporate stories at The Sunday Times, the BBC and The Times. He won the Wincott Award in 2017, the most credible signal in UK business journalism, which buyers in financial services and the City recognise on sight. He moves between hosting, on-stage interviewing, and panel moderating without flattening any of them, which is what complex multi-stream conferences need. Biography highlights Business presenter, Times Radio (from November 2021, the station’s first business correspondent). Saturday business columnist, The Times. Business presenter on BBC Radio 4’s Today programme for five years from 2016, with regular appearances across BBC television. Business Editor, The Sunday Times, 2010 to 2016; joined the paper in 2001. Wincott Award winner, 2017. Contributing author on “Grit, Rigour & Humour: The INEOS Story” (Penguin, 2023), appraising the INEOS business alongside contributors including Sebastian Coe and Andrew Likierman. Biography UK business journalism has produced a small group of people who can chair a flagship financial services conference, interview a sitting CEO live on national radio, and write a Saturday newspaper column on the same week. Dominic O’Connell is one of them. He currently anchors business coverage on Times Radio and writes the Saturday business column for The Times. Before Times Radio he spent five years as business presenter on BBC Radio 4’s Today programme, where corporate Britain went on the record before breakfast and where preparation and composure are the price of entry. He joined the BBC in 2016 from The Sunday Times, where he was business editor for six years and a senior writer on the paper from 2001. The Wincott Award in 2017, UK business journalism’s premier prize, sits behind the work. So does a longer body of corporate reporting recognised inside the City and Westminster. In 2023 he was the journalist Penguin commissioned to appraise INEOS at twenty-five in “Grit, Rigour & Humour”, alongside contributors including Sebastian Coe and Andrew Likierman. That track record is why financial services institutions hire him to chair the rooms where their boards, regulators and clients are watching. He has twice chaired TISA’s Annual Flagship Conference and has worked with firms including RSMR. The product is not a keynote thesis. It is a working business journalist running the room and keeping the agenda honest. Key speaking topics UK and global business news Financial services and investment Equity markets and corporate strategy Macroeconomics and policy Corporate leadership and CEO interviews The City of London and UK plc Ideal for Annual flagship conferences hosted by financial services trade bodies and asset managers Investor days, AGMs and capital markets events Corporate leadership summits, board offsites and CEO panels Industry awards, gala dinners and after-dinner business audiences Audience outcomes A conference programme that holds together as one editorial narrative across the day Panels that go past the prepared statements and produce something quotable A chair who can press a CEO without losing the room or the speaker Coverage that lands cleanly with a business-literate audience, on stage and in any subsequent write-up

Why organisations work with Paul Johnson He led the Institute for Fiscal Studies through fourteen years of fiscal events, Budgets and Spending Reviews, and is the economist most often cited when journalists need the numbers explained. He has been inside the machinery: Director of Public Spending at HM Treasury and Chief Economist at the Department for Education, so he speaks to how decisions are actually made, not how they are reported. His book Follow the Money is the clearest public account of how Britain raises and spends roughly £1 trillion a year, and it gives a board a shared vocabulary for fiscal risk. Eleven years on the UK Climate Change Committee mean he can connect net zero policy to the capital allocation choices it forces on boards, not just the headline target. As Provost of The Queen’s College, Oxford, he now sits at the intersection of economic policy, higher education funding and long-term institutional strategy. Biography highlights Director of the Institute for Fiscal Studies, 2011 to 2025. Provost of The Queen’s College, Oxford, from August 2025. Author of Follow the Money: How Much Does Britain Cost? (2023), Sunday Times bestseller. Weekly columnist for The Times; presenter of Austerity Audit on BBC Radio 4. CBE, 2018, for services to social sciences and economics. Honorary doctorates from UCL, York, Sussex and Exeter; member of the UK Climate Change Committee for eleven years. Biography The state raises and spends roughly £1 trillion a year in the UK. Most boards treat that figure as background. It is not. Tax policy, departmental budgets and the demographics behind them shape the cost of capital, the cost of labour and the regulatory weather every business operates in. For fourteen years as Director of the Institute for Fiscal Studies, Paul Johnson was the public translator of those numbers. The IFS Budget briefings he led became the reference point for journalists, civil servants and parliamentary committees on fiscal events. Follow the Money, his 2023 book, is the most readable account of UK public finances in print, and it became a Sunday Times bestseller. His credibility is built on direct experience inside the system. He was Director of Public Spending at HM Treasury, Chief Economist at the Department for Education, and Deputy Head of the Government Economic Service. He served eleven years on the UK Climate Change Committee, where the policy gap between net zero ambition and capital allocation is most visible. He sat on the councils of the ESRC and the Royal Economic Society. In August 2025 he became Provost of The Queen’s College, Oxford. He continues to write a weekly column for The Times and to advise organisations whose strategic decisions are shaped by UK and global fiscal policy. He was appointed CBE in 2018 for services to social sciences and economics. Key speaking topics UK public finances and fiscal policy Tax, welfare and pensions reform Macroeconomic outlook and capital allocation Income inequality and the distributional effects of policy Climate change economics and net zero financing Government spending priorities and trade-offs Ideal for Boards and executive committees of UK and internationally exposed companies CFOs, treasurers and heads of strategy planning under fiscal and tax uncertainty Investor and asset-management audiences focused on macro and policy risk Public-sector leadership and regulated-industry executives Audience outcomes A clear read of how the next Budget, Spending Review or fiscal event is likely to land A shared vocabulary for fiscal risk that connects Treasury decisions to operating choices A grounded view of how net zero policy will translate into capital and tax pressure A sharper sense of where UK macroeconomic constraints will most affect their sector Direct answers to the questions a CFO or chair actually wants to ask an economist

Why organisations work with Trevor Williams He spent over a decade as Chief Economist at Lloyds Bank Commercial Banking advising corporates, financial institutions, and SMEs, so he reads central-bank data the way a treasurer or CFO needs it read. As rotating Chair of the Institute of Economic Affairs Shadow Monetary Policy Committee, he sits inside the small group of UK economists publicly second-guessing the Bank of England, which gives boards a forecast view that is independent of sell-side consensus. He co-authored Trading Economics (Wiley, 2014), the practitioner reference on how to interpret economic statistics, so he can teach a leadership team to read the indicators rather than only react to headlines. As co-founder of FXGuard, he has built and run an FX risk product for SMEs, which means his commentary on currency and rates is grounded in operating exposure, not abstract modelling. Biography highlights Former Chief Economist, Lloyds Bank Commercial Banking, leading the bank’s economics team for more than ten years. Rotating Chair, Institute of Economic Affairs Shadow Monetary Policy Committee. Co-author, Trading Economics: A Guide to Economic Statistics for Practitioners and Students, Wiley Finance Series. Visiting Professor, University of Derby; lecturer at Bayes Business School and Cardiff University. Co-founder, FXGuard, an FX risk management platform for SMEs. Former member of the UK Government Economic Service; editorial board member, Journal of Corporate Treasury Management; regular columnist, Moneyfacts. Biography The Bank of England’s rate decisions, the Treasury’s fiscal stance, and sterling’s path are no longer background music for boardrooms. They are direct inputs into pricing, hedging, hiring, and the cost of capital. Trevor Williams spent over a decade as Chief Economist at Lloyds Bank Commercial Banking translating exactly that data for corporate clients and financial institutions. That position made him one of the City economists most often quoted on UK growth, inflation, and monetary policy. He now chairs, on rotation, the Institute of Economic Affairs Shadow Monetary Policy Committee, the long-standing independent group that publishes a monthly counter-vote to the Bank of England’s MPC. His co-authored book Trading Economics, in the Wiley Finance Series, is built for practitioners: how to read GDP releases, inflation prints, surveys, and labour market data without being misled by them. The same instinct shapes his work as co-founder of FXGuard, an FX risk tool for SMEs, and his teaching at the University of Derby, Bayes Business School, and Cardiff University. For a board, the value is specific. Williams will not deliver a generic macro tour. He will tell a leadership team where he disagrees with current consensus on rates and inflation, why, and what that means for the next twelve to twenty-four months of capital and currency decisions. Key speaking topics UK and global macroeconomic outlook Monetary policy and central bank decision-making Inflation, interest rates, and capital allocation Foreign exchange and currency risk Economic statistics and how to read them Brexit, trade, and post-shock recovery ESG, climate, and the economics of the energy transition Ideal for Boards, CFOs, and corporate treasurers planning capital and FX strategy under rate and currency uncertainty. Banking, asset management, and insurance leadership teams pressure-testing house views on inflation and growth. Trade associations and industry forums commissioning a credible UK macro voice for annual outlook events. Finance and risk functions inside corporates exposed to FX, commodity, or sovereign-rate cycles. Audience outcomes A clear view of where current Bank of England and consensus forecasts may be wrong, and why. A working grasp of how to read inflation, GDP, and labour market releases for decision-relevant signals. Specific implications for pricing, hedging, and capital allocation under the rate and currency cycle ahead. A sharper sense of how monetary and fiscal policy interact with trade, energy, and political risk.