Fintech PR
At SIGEF Davos, Global Stakeholders Embrace Sustainability, Empowerment and Inclusion, for a Smarter Future
Increasingly, a large number of major global corporations, including Philip Morris International and Nespresso, are determinedly headed in the direction of sustainability, empowerment and inclusion. Through strengthened ties within vulnerable communities or via investing in the provision of more sustainable products, they have realized how important it is to embrace the challenges of our times.
That is what SIGEF, the Social Innovation and Global Ethics Forum, which was set up for the first time in Davos on the morning of January 22nd, 2020 has clearly demonstrated. Building on its “Together Shaping a Smarter Future” theme, it displayed cases of innovation and technological development for the good of humanity, along with several other impressive initiatives and solutions, while it also brought stimulating insights into the topics that comprised the four panels which were presented to a qualified audience at the Kirchner Museum.
Disruptive Technologies, the Future of Finance, the UN Sustainable Development Goals and Women Empowerment were debated. Panelists included: Ms Karen Wilson, OECD Strategic Partnerships, Ms Katja Iversen, President of Women Deliver, Mr Charles Bendotti, Senior Vice President People & Culture Philip Morris International, Mr Jérôme Perez, Global Head of Sustainability Nespresso, Ms Ann Cairns, Executive Vice Chairman Mastercard, Dr. Michael Mirilashvili, Philanthropist and President of Watergen, Ms Christy Tanner, Executive Vice President and General Manager CBS News Digital, Mr Maxim Pasik, Executive Chairman Watergen, Dr. Nikolaus S. Lang, Managing Director and Senior Partner at Boston Consulting Group, Mr Xiaochen Zhang, President of FinTech4Good, Mr Zach Fenster, Chief of Staff Watergen, Mr Adi Mimran, Venture Partner Cyrus AI, Mr Hidetoshi Azuma, Executive Vice President of Cognitive Research Labs, Ms Vera Futorjanski, Innovation Expert and Advisor, Mr Vincent Subilia, Director General, Geneva Chamber of Commerce & Member of the Geneva Parliament, Anna Kletsidou, Head of Social Sustainability & Human Rights at Philip Morris International, Ms Adva Saldinger, Associate Editor Devex (moderator) and Sarah Backhouse acting as Master of Ceremony.
One powerful expression of this growing trend toward global scale innovation is Watergen, whose owner and president, Dr. Michael Mirilashvili, presented his vision for solving the global crisis of water scarcity through his company’s revolutionary drinking water-from-air device that “turns air into drinking water to provide affordable and pure water to everyone, everywhere.”
Thus, the Forum revealed an invigorating shared sentiment: it is one of an inclusive world that can definitely be shaped with the joint effort of all stakeholders from both the public and private sectors. With it, gender equality and wide access to new technologies would be bolstered; financial means and business opportunities would be open to all; and many an environmental and social advances would be gained.
Startups and fintech organizations including Fintech4Good, as well as NGOs led by Women Deliver, or media such as Horyou, or again international organizations and agencies the likes of Geneva Chamber of Commerce and the OECD, are walking the walk, and showing that, undoubtedly, an increased level of social and environmental commitment does help come to terms with inequality.
A few years ago, it would have been unimaginable that the finance and business worlds would seriously get to grips with social inclusion, or deal with environmental issues, or again bolster community empowerment or, even more unpredictably, use disruptive technologies for good. As Yonathan Parienti, founder and CEO of Horyou, the social network for social good, put it: “Capitalism is changing, and it is becoming more inclusive and more aware of society’s current needs and aspirations.”
That is the relevance of SIGEF Davos, and its legacy.
SIGEF Davos Organizers and Main Sponsors:
Horyou, the Social Network for Social Good
Horyou Foundation
Philip Morris International
Nespresso
Watergen
Cognitive Research Labs
HoryouToken
About SIGEF:
GENEVA, Nov. 4, 2024 /PRNewswire/ — Swiss private banking group CBH Compagnie Bancaire Helvétique announces the appointment of Enid Yip as the new CEO of its subsidiary CBH Asia. Mrs Yip will also lead the Asia Regional Committee. Based in Hong Kong, CBH Asia is a key part of the Group’s strategic commitment to expand its presence in the region.
Concurrently, Patrick Wong, who has overseen the Asia business since 2017, has been appointed Deputy Chief Executive Officer. Mr Wong will continue to manage Operations, Regulatory and Compliance, and IT, while Mrs Yip will focus on enhancing the firm’s client offering and driving business development in line with the Group’s long-term strategy for Asia. With its entrepreneurial approach and exclusive and bespoke investment offering, CBH Asia offers compelling advantages to clients and relationship managers in the region.
A seasoned executive, Mrs Yip brings over 25 years of experience in successfully growing wealth management institutions in Asia. Most recently she was with LGT. Prior to that, she was a Member of the Board at Bank J. Safra Sarasin, having previously served as their Chief Executive Officer, Asia, overseeing the bank’s expansion in the region. Earlier in her career, Mrs Yip held various senior positions in the private banking industry.
Simon Benhamou, CBH Bank Chief Executive Officer said: “We are delighted to welcome someone of Enid’s calibre to lead CBH Asia. Her extensive experience and strong leadership will be instrumental in furthering our growth in key Asian markets. Our people are our greatest asset and with Enid’s strong commitment to our core values of entrepreneurship and teamwork, we are confident that she will further strengthen CBH Asia’s success. We extend our best wishes to Enid on her appointment.”
Mrs Yip said: “I am delighted to be joining a Group that fosters an environment where we can achieve great results by pursuing excellence with creativity. I am determined to expand CBH’s footprint in the region, building on our established expertise and maintaining our long-term vision of adding value for both clients and stakeholders.”
About CBH | Compagnie Bancaire Helvétique
CBH Compagnie Bancaire Helvétique is a family-owned Swiss banking group founded in 1975. Headquartered in Geneva, the Group currently counts close to 309 professionals in 10 locations around the world. As of December 31st, 2023 client assets totaled CHF 14.3 billion and the Group’s Tier 1 ratio was 43%, placing it among the best capitalized banks in Switzerland compared to its peers.
CBH Group provides wealth management services to private and institutional clients, as well as several complementary business lines, including family office solutions, asset services & structuring, exclusive private markets expertise, and bespoke daily banking and card solutions.
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The November editions of FinTech Magazine & InsurTech Digital includes interviews with leading experts and executives from
LONDON, Nov. 4, 2024 /PRNewswire/ — BizClik, the UK’s fastest-growing publishing company, has released the latest editions of FinTech Magazine and InsurTech Digital These publications are highly regarded by voices within the Financial Sector for their in-depth reports and interviews with prominent figures in the industry.
FinTech Magazine
This month’s edition features an exclusive lead interview with Lloyds Banking Group CIO, Amit Thawani as it undertakes a huge transformation to meet its 27 million customers evolving needs.
“At Lloyds Banking Group it’s all about people. Our people can make a real difference to the UK population who are not prepared for their tomorrow “
The edition also contains extensive interviews with key thought leaders from Coupa, TerraPay and more. Plus the Top 10: Largest Firms involved in Financial Services,
You can visit FinTech Magazine for daily news and analysis of the ever-changing financial industry.
InsurTech Digital
This month’s edition features an exclusive lead interview with Qover CEO Quentin Colmant on how AI will ‘reshape how we create value’
“Each decision has felt monumental, with no guaranteed outcomes, but this unpredictability has been incredibly rewarding”
The edition also contains extensive interviews with key thought leaders from Lloyds Banking Group, Kin Insurance and more. Plus the Top 10: Insurance Products of 2024
You can visit InsurTech Digital for daily news and analysis of the ever-changing financial industry.
About BizClik
BizClik is one of the fastest-growing digital media companies in the UK, host to a growing portfolio of industry-leading global brands and communities.
BizClik’s expanding portfolio includes Technology, AI, FinTech, InsurTech, Supply Chain, Procurement, Energy, Mining, Manufacturing, Healthcare, Mobile, Data Centre, Cyber, and Sustainability.
For more information, please visit our website.
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PARIS, Nov. 4, 2024 /PRNewswire/ — Dechert has advised Poxel (Euronext: POXEL), a clinical-stage biopharmaceutical company, on its non-dilutive financing agreement with OrbiMed for US$50 million. This transaction monetizes a portion of Poxel’s future royalties and sales-based payments from TWYMEEG® sales by Sumitomo Pharma in Japan.
The financing is set to bolster Poxel’s strategic initiatives in rare diseases, reduce its debt and support general corporate purposes. The deal underscores the significant value of TWYMEEG® in Japan and strengthens Poxel’s financial position.
Poxel is listed on Euronext Paris, developing innovative treatments for chronic serious diseases with metabolic pathophysiology, including non-alcoholic steatohepatitis (NASH) and rare metabolic disorders. OrbiMed is a leading healthcare investment firm dedicated to accelerating innovation in the biopharmaceutical industry.
The Dechert team that advised Poxel includes corporate and securities partners Patrick Lyons and David Rosenthal; global finance partner Privat Vigand; intellectual property partner Olivia Bernardeau-Paupe; global finance partner Sarah Milam; tax partner Sabina Comis; and associates Etienne Bimbeau, Pierre-Emmanuel Floc’h, Chloe Lebret, Julie Lecomte, Vianney Toulouse and Yasmin Yavari.
About Dechert
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.
View original content:https://www.prnewswire.co.uk/news-releases/dechert-advises-poxel-on-us50-million-non-dilutive-financing-agreement-with-orbimed-302295559.html
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