News from Cass Business School

Setting a course for calmer waters

Sixth Biennial Meeting provides an up-beat but realistic vision for the world economy.

Thursday, 11 November, 2010

The spectre of the global financial crisis cast a long shadow over the Fifth City of London Biennial Meeting in 2008. The mood was somewhat different at this year's event where more than 600 senior representatives from business, government and academia together with 180 Cass Business School students looked optimistically towards the future.
Organised by the School's Costas Grammenos International Centre for Shipping, Trade and Finance, the Biennial Meeting provides a platform for dialogue between leading figures from the City of London and other international capital cities.
This year the Biennial Meeting included an environmental theme to complement the existing topics of world economy, banking and finance, energy and shipping.
The opening keynote address was given by Dr Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development, who drew attention to the role of emerging markets in aiding global recovery: Emerging and developing economies are currently driving the recovery, reflecting the new multi-polarity in the world economy and their growing economic power. They have become the locomotive of global growth and created real opportunities for all, increasingly through South-South integration and cooperation in trade, investment, infrastructure and productive capacity building.
Despite the upbeat nature of many of the speeches the conference began with the sad news that the President, Maria Tsakos, of the long-term supporters, the Maria Tsakos Foundation, had passed away. Professor Costas Grammenos, Founder and Chairman of the City of London Biennial Meeting, said: Maria was deeply involved in the management of the Maria Tsakos Foundation*, and it was her responsibility to make many tough decisions. However under this façade of the strong business woman was a beautiful, soft-hearted and sensitive soul. Everyone in the shipping world will miss her dedication, and warmth.
This year's Biennial meeting featured a number of influential speakers including:

Representatives from City University and Cass included:

*named in honour of Maria's grandmother, also called Maria.

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A packed audience for the sixth Biennial Meeting
Dr Supachai Panitchpakdi, Secretary-General of the UN Conference on Trade and Development
Sir Win Bischoff Chairman, Lloyds Banking Group

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