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Keynote Speaker: Dr. Ivo Pezzuto is the author of Predictable and
Avoidable. Repairing Economic Dislocation and Preventing the
Recurrence of Crisis, a new book classified as “an insightful, unbiased and
fulsome analysis” by The Economist; a “powerful, amazing, and
groundbreaking analysis” by IESE Business School, and “research essential”
by Baker & Taylor YBP Library Services. Currently he is Guest Lecturer for
the International MBA Program at the MIP Politecnico di Milano, Adjunct
Professor of Business Economics and Management and International
Business at the Catholic University of Milan, Professor of Business
Administration at the Swiss Management Centre University, Speaker and
Lecturer of Executive Development Programs, Advisor to multinational
firms, and economic commentator/contributor with CNBC Europe.
Peter Beyer has worked for Syngenta since the launch of the company
and is currently based at their Basel HQ. He has over 25 years
Credit/Finance experience in the Pharmaceutical and latterly Agro-industry
business.
Peter has held various Finance positions in Sandoz, Novartis and Syngenta
both in Switzerland and abroad. Since 2010 he has been Head of Trade
Finance and Credit Management with responsibility for 30 Group
Companies across the Europe, Africa and Middle East Region.
Klara Boor joined Parker Hannifin, the world’s leading engineering
company, in 2008. In her role as Credit Manager Europe, Middle-East &
Africa, she is monitoring Parker Hannifin’s investment into accounts
receivable and she is ensuring compliance of its 120 locations to the
corporate credit policies and initiatives.
Prior to 2008, Klara was leading the European Credit & Collection Shared
Service center of Alcoa and its regional credit offices in England, Spain,
Holland, Switzerland, Hungary and Russia for eight years. In her earlier
assignments she held various trade, finance and acquisitions-mergers
positions within Alcoa. Klara graduated in trade from the University of
Economics, in Budapest, and then she majored in finance and business law.
She speaks six languages. She lives in Geneva, Switzerland with her family.
2
Paul Clausen is Corporate Director, Customer Financial Services for
Emerson, a diversified global manufacturing and technology company. In
his 35 years with Emerson he has held various positions in Credit
Management. Before moving into his corporate position in July 2010, Paul
was responsible for the shared services group which provides Credit,
Collections and Transaction services to the Emerson Process Management
group of Emerson. Prior to his Process Management responsibilities, he
was Director of Credit for the In Sink Erator Division of Emerson. In his
current position, he is responsible for establishing global standards and
best practices in Credit Management for the global credit operations of
Emerson.
Paul holds the Certified Credit Executive (CCE) professional designation
from the National Association of Credit Management (NACM), as well as
the Registered Global Credit Professional (RGCP) designation from ICTF.
He is a graduate of Carthage College as well as the Graduate School of
Credit and Financial Management and has served as a member of the
board of trustees for the Credit Research Foundation and the DnB
Customer Advisory Council.
Allen Holland is an experienced Credit Risk and Trade Finance Manager
with many years of emerging market experience. Since the 1990s, he
worked at a major Swiss bank and two large multinational companies in
such positions as Associate Director, Risk Management Advisor, FX Option
Specialist, Credit Risk & Trade Finance Manager and Regional Finance
Transition Manager EAME.
In his most recent position with a large multinational, he was involved in
the implementation of a new Target Operating Model in EAME including
new global finance processes, a shared service center and outsourcing to
India.
He is currently working as an independent consultant with one large
mandate in trade finance and credit risk management in EAME including
Central & Eastern Europe, but he also has projects in process optimization,
EU VAT, transfer pricing, cross-border supply chain and
budgeting/controlling.
3
Michael Karrenberg has been working for Atradius and its predecessor
companies for 25 years taking on various roles in the fields of credit
insurance, surety and collections.
Since January 2007 Michael Karrenberg has been the Risk Services Director
responsible for Germany, Central and Eastern Europe, Russia/CIS at
Atradius Credit Insurance, located in Cologne. In June 2014 the
Nordic/Baltic countries have also been added to his portfolio.
Simon Marshall has been a director of Co-pilot since 2004. Co-pilot
works with multinational clients advising on credit management best
practice and has long promoted technology as key to achieving it.
Before joining Co-pilot, Simon was Deputy CEO at Euler Hermes
International. Previously he was Managing Director of the UK business for
Hermes Kreditversicherungs AG. He has held board positions in one other
credit insurer, a factor and a 3rd
party collections company.
Simon has promoted internationally the link between sound receivables
management and good corporate governance. He was Chairman of the
Trade Credit Committee, Association of British Insurers from 2000 - 2004.
Charles Mayhew, MICM, prior to his role at MoretonSmith, gained
vast experience working for a number of prestigious receivables
management firms in Europe and the Middle East. Charles joined
MoretonSmith in 2002 as Sales Director and is now Managing Director of
MoretonSmith's receivables services division, which sits alongside the
business's software division and its ero57 solution.
Charles is a fellow of the ICM and is on the European Board of the ICTF. He
is a keen member of the Institute of Directors and has lectured across
EMEA on all aspects of international debt collection and asset recovery.
Charles has been married for 25 years and has four children. In his spare
time, he is a ridiculously passionate rugby fan and classic car enthusiast.
4
Robert Schulze is practicing law for more than 30 years now and is
partner and owner of a law company with offices in Duren (Germany),
Moscow (Russia) and Tiflis (Georgia). He is mainly involved in international
business law for multinational clients like Daimler, Chrysler, ABB, Nestle
and others. On behalf of German institutions he advised Russian
governmental institutions in Russia and other CIS countries, commenting
on the Russian law regarding foreign investments and introducing law
drafts to the Russian State Duma.
Jacques Vincken has worked in the Finance function of Shell for 30 years
in various businesses (Upstream, Chemicals, Downstream), has extensive
experience in Commercial Finance and is a true Credit professional. He has
had overseas assignments in various Shell divisions and companies. He has
successfully standardized the Credit Management processes of Shell on a
global basis and managed to dramatically decrease the working capital and
making the organisation a cash conscious environment throughout. In
addition, he set up credit strategies for Shell Chemicals and Europe/ Africa
that haven proven to be very successful, whether going through various
crises with minimum bad debt, or supporting growth in emerging markets
like China and Russia.
Jacques has received various CEO Awards for his successes in the credit
and contract management processes, in Shell Credit (Chemicals and now
also in Shell Downstream). He is a strong believer in professional Credit
Management supporting businesses in their growth strategies and giving
added value. The earlier Chemicals Credit Strategy was a great success,
leading the credit organisation within Shell Chemicals towards the
professional arena. In his current Shell Downstream job, Jacques has taken
the organization on similar new exciting journeys, the “EU Hunt for Cash”,
not only establishing a well-oiled cash machine, but at the same time
embarking on a massive mindset change, transforming a big organization
from reactive to very pro-active. At the same time setting up new credit
strategies that will help the business in their growth strategies on the one
hand, but also the EUAF Credit Crisis strategy dealing with the EuroZone
crisis.
Jacques is an active member of various external credit associations,
5
previously the Finance Credit & International Business, the Institute of
Credit Management, and the European Chemicals Credit Association; the
latest being the ICTF. He also serves as an active board member and
chairperson within some of these organisations and is a frequent speaker
on credit management topics at various conferences around the world
(e.g. U.S.A., China, Europe).

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Ivo Pezzuto's Keynote Speech at the ICTF Prague Symposium 2014

  • 1. 1 Keynote Speaker: Dr. Ivo Pezzuto is the author of Predictable and Avoidable. Repairing Economic Dislocation and Preventing the Recurrence of Crisis, a new book classified as “an insightful, unbiased and fulsome analysis” by The Economist; a “powerful, amazing, and groundbreaking analysis” by IESE Business School, and “research essential” by Baker & Taylor YBP Library Services. Currently he is Guest Lecturer for the International MBA Program at the MIP Politecnico di Milano, Adjunct Professor of Business Economics and Management and International Business at the Catholic University of Milan, Professor of Business Administration at the Swiss Management Centre University, Speaker and Lecturer of Executive Development Programs, Advisor to multinational firms, and economic commentator/contributor with CNBC Europe. Peter Beyer has worked for Syngenta since the launch of the company and is currently based at their Basel HQ. He has over 25 years Credit/Finance experience in the Pharmaceutical and latterly Agro-industry business. Peter has held various Finance positions in Sandoz, Novartis and Syngenta both in Switzerland and abroad. Since 2010 he has been Head of Trade Finance and Credit Management with responsibility for 30 Group Companies across the Europe, Africa and Middle East Region. Klara Boor joined Parker Hannifin, the world’s leading engineering company, in 2008. In her role as Credit Manager Europe, Middle-East & Africa, she is monitoring Parker Hannifin’s investment into accounts receivable and she is ensuring compliance of its 120 locations to the corporate credit policies and initiatives. Prior to 2008, Klara was leading the European Credit & Collection Shared Service center of Alcoa and its regional credit offices in England, Spain, Holland, Switzerland, Hungary and Russia for eight years. In her earlier assignments she held various trade, finance and acquisitions-mergers positions within Alcoa. Klara graduated in trade from the University of Economics, in Budapest, and then she majored in finance and business law. She speaks six languages. She lives in Geneva, Switzerland with her family.
  • 2. 2 Paul Clausen is Corporate Director, Customer Financial Services for Emerson, a diversified global manufacturing and technology company. In his 35 years with Emerson he has held various positions in Credit Management. Before moving into his corporate position in July 2010, Paul was responsible for the shared services group which provides Credit, Collections and Transaction services to the Emerson Process Management group of Emerson. Prior to his Process Management responsibilities, he was Director of Credit for the In Sink Erator Division of Emerson. In his current position, he is responsible for establishing global standards and best practices in Credit Management for the global credit operations of Emerson. Paul holds the Certified Credit Executive (CCE) professional designation from the National Association of Credit Management (NACM), as well as the Registered Global Credit Professional (RGCP) designation from ICTF. He is a graduate of Carthage College as well as the Graduate School of Credit and Financial Management and has served as a member of the board of trustees for the Credit Research Foundation and the DnB Customer Advisory Council. Allen Holland is an experienced Credit Risk and Trade Finance Manager with many years of emerging market experience. Since the 1990s, he worked at a major Swiss bank and two large multinational companies in such positions as Associate Director, Risk Management Advisor, FX Option Specialist, Credit Risk & Trade Finance Manager and Regional Finance Transition Manager EAME. In his most recent position with a large multinational, he was involved in the implementation of a new Target Operating Model in EAME including new global finance processes, a shared service center and outsourcing to India. He is currently working as an independent consultant with one large mandate in trade finance and credit risk management in EAME including Central & Eastern Europe, but he also has projects in process optimization, EU VAT, transfer pricing, cross-border supply chain and budgeting/controlling.
  • 3. 3 Michael Karrenberg has been working for Atradius and its predecessor companies for 25 years taking on various roles in the fields of credit insurance, surety and collections. Since January 2007 Michael Karrenberg has been the Risk Services Director responsible for Germany, Central and Eastern Europe, Russia/CIS at Atradius Credit Insurance, located in Cologne. In June 2014 the Nordic/Baltic countries have also been added to his portfolio. Simon Marshall has been a director of Co-pilot since 2004. Co-pilot works with multinational clients advising on credit management best practice and has long promoted technology as key to achieving it. Before joining Co-pilot, Simon was Deputy CEO at Euler Hermes International. Previously he was Managing Director of the UK business for Hermes Kreditversicherungs AG. He has held board positions in one other credit insurer, a factor and a 3rd party collections company. Simon has promoted internationally the link between sound receivables management and good corporate governance. He was Chairman of the Trade Credit Committee, Association of British Insurers from 2000 - 2004. Charles Mayhew, MICM, prior to his role at MoretonSmith, gained vast experience working for a number of prestigious receivables management firms in Europe and the Middle East. Charles joined MoretonSmith in 2002 as Sales Director and is now Managing Director of MoretonSmith's receivables services division, which sits alongside the business's software division and its ero57 solution. Charles is a fellow of the ICM and is on the European Board of the ICTF. He is a keen member of the Institute of Directors and has lectured across EMEA on all aspects of international debt collection and asset recovery. Charles has been married for 25 years and has four children. In his spare time, he is a ridiculously passionate rugby fan and classic car enthusiast.
  • 4. 4 Robert Schulze is practicing law for more than 30 years now and is partner and owner of a law company with offices in Duren (Germany), Moscow (Russia) and Tiflis (Georgia). He is mainly involved in international business law for multinational clients like Daimler, Chrysler, ABB, Nestle and others. On behalf of German institutions he advised Russian governmental institutions in Russia and other CIS countries, commenting on the Russian law regarding foreign investments and introducing law drafts to the Russian State Duma. Jacques Vincken has worked in the Finance function of Shell for 30 years in various businesses (Upstream, Chemicals, Downstream), has extensive experience in Commercial Finance and is a true Credit professional. He has had overseas assignments in various Shell divisions and companies. He has successfully standardized the Credit Management processes of Shell on a global basis and managed to dramatically decrease the working capital and making the organisation a cash conscious environment throughout. In addition, he set up credit strategies for Shell Chemicals and Europe/ Africa that haven proven to be very successful, whether going through various crises with minimum bad debt, or supporting growth in emerging markets like China and Russia. Jacques has received various CEO Awards for his successes in the credit and contract management processes, in Shell Credit (Chemicals and now also in Shell Downstream). He is a strong believer in professional Credit Management supporting businesses in their growth strategies and giving added value. The earlier Chemicals Credit Strategy was a great success, leading the credit organisation within Shell Chemicals towards the professional arena. In his current Shell Downstream job, Jacques has taken the organization on similar new exciting journeys, the “EU Hunt for Cash”, not only establishing a well-oiled cash machine, but at the same time embarking on a massive mindset change, transforming a big organization from reactive to very pro-active. At the same time setting up new credit strategies that will help the business in their growth strategies on the one hand, but also the EUAF Credit Crisis strategy dealing with the EuroZone crisis. Jacques is an active member of various external credit associations,
  • 5. 5 previously the Finance Credit & International Business, the Institute of Credit Management, and the European Chemicals Credit Association; the latest being the ICTF. He also serves as an active board member and chairperson within some of these organisations and is a frequent speaker on credit management topics at various conferences around the world (e.g. U.S.A., China, Europe).