California exporters and importers are invited to join an important discussion on key foreign exchange considerations including navigating the effects of the strong US dollar, accessing the best available exchange rates, and preparing for the potential impact of a Border Adjustment Tax. The program is presented in partnership with Bannockburn Global Forex and BPM, and includes lunch and networking.
Attend this roundtable to learn about:
- The Foreign Exchange market and how it impacts your business
- Managing the currency risks for both USD and foreign currency receivables
- The USD outlook and the potential impact on exporters in 2017:
- Stronger USD considerations
- Border Adjustment Tax
- Federal Reserve raising rates
Who Should Attend?
This conversation is designed for the participation of CEOs, COOs, CFOs, Controllers, (Foreign) AR and AP Managers, and International Sales Managers of exporting/importing companies.
In the current global macro conditions, it is essential for you to understand your business’ exposures and mitigate the risks. Whether your company currently has receivables in foreign currency or only USD, this program will outline the potential currency risks to an international business and tools available to minimize exposure and protect sales and margins.
The featured speakers will be experts from Bannockburn Global Forex, a boutique capital markets trading firm specializing in currency advisory and payment services.
Drew Collins, Managing Partner, has a long career of management experience in commercial banking and treasury management services. Prior to joining Bannockburn Global Forex, Drew worked at the Bank of Kentucky as the Chief Lending Officer tasked with growing a small community bank into a market leader. Under his leadership, the commercial loan portfolio grew from $600 M to $1.2 BLN over a six-year period and he became Executive Vice President for the commercial division. Prior to the Bank of Kentucky, Drew served in various management roles at Fifth Third Bancorp including being responsible for the Business Banking Group, Middle Market Lending, and Commercial Services areas.
Michael Bourke, Managing Partner, has over fifteen years experience in financial markets across several key areas including foreign exchange, commodities and investments He has extensive background advising institutional, corporate and middle-market clients on currency risk management and foreign exchange markets through his career. Michael recently joined Bannockburn Global Forex, as Managing Partner, based in Los Angeles. Prior to this, Michael worked at Lloyds Bank plc in both the London and New York Offices and Commonwealth Bank of Australia in Sydney, developing foreign exchange and commodity hedging solutions for clients.
A lively Q&A and roundtable discussion will follow a brief presentation from the speakers.
About the International Business Roundtable Series
The International Business Roundtable Series is a peer-to-peer learning cohort and a unique forum for regional executives directly engaged in managing the international sales of goods or services to meet and share insight, strategies, international connections, and perhaps even make plans to share a cargo container or two. This series is a high-value initiative launched as a result of the California Capital Region Export Plan.