QED Conference on EU Agricultural Commodities Markets

State of play and challenges ahead

Moderator

Conor Foley

Global Head of Government Relations and Public Policy, Norton Rose Fulbright

Mr Foley leads Norton Rose Fulbright's government relations and public policy (GRPP) practice and is an Of Counsel specialising in banking and securities law. He and his team advise clients on legislative and regulatory matters pertaining to cross-border transactions, the provision of financial services and access to markets ranging from agricultural commodities to structured finance products. His clients include agribusinesses, asset managers, banks, commodity trading companies, exchange groups, proprietary traders, major industrials, oil and gas producers and utilities. He also advises a treaty-based international financial organisation and a US self-regulatory organization.

Mr Foley has over a decade's experience working on some of the most complex financial markets regulatory challenges. He served on the European Commission's derivatives expert group, which devised the first clearing obligations for over-the-counter (OTC) derivative contracts. He assisted market infrastructure clients in securing recognition for US central counterparties under the European Market Infrastructure Regulation (EMIR) regime. He also led lobbying for a large group of commodity market participants, which delivered equivalence decisions in respect of third country markets located in the United States, Australia, Canada, Japan and Singapore. He has since June 2016 advised UK legislators and a UK government department on European Union financial services law and the Brexit process.

Prior to joining Norton Rose Fulbright, Mr Foley led a Brussels-based government relations practice where he worked with a wide range of clients across the commodities and financial services sectors. Previously Mr Foley worked for oil and gas company Total, where he managed engagement with governments and stakeholder groups on the company's exploration and production activities in Africa, the Middle East and South East Asia. He worked previously in the European Commission's foreign and security policy directorate general in Brussels and began his career with the Washington, DC office of Eurasia Group - a leading risk advisory firm.

Mr Foley is a solicitor qualified in England and Wales. He is a graduate of BPP University Law School, Georgetown University and Trinity College, Dublin. He is a regular commentator for broadcast, internet and print media. An Irish national, his working languages are English and French.



Speakers

Prof. dr. hab. Andrzej Babuchowski

President and CEO, Dairy Industry Innovation Institute, Poland

Prof. dr hab. Andrzej Babuchowski is a president and CEO in the Dairy Industry Innovation Institute. Until February 2018 he was a professor of Food Technology in the Faculty of Food Sciences at the University of Warmia and Mazury in Olsztyn, Poland. In years 2007-2015, he was a Minister-Counsellor in the Permanent Representation of the Republic of Poland to the EU and a Polish representative in the Special Committee for Agriculture of the Council. Previously, he was secretary and undersecretary of state and deputy minister of agriculture and rural development in Poland responsible for foreign cooperation and collaboration with the EU as well as for fishery and agricultural markets.

Member of the Agricultural Markets Task Force DG AGRI appointed by Commissioner for Agriculture Mr Phil Hogan, in year 2016. Member of Advisory Council on Agricultural Markets and Expert Team for Dairy at KOWR (National Agricultural Support Center) and member of the CAP Expert Team at the Ministry of Agriculture and Rural Development in Poland.

Prof. dr hab. Andrzej Babuchowski, after graduation in 1973 from the University of Agriculture in Olsztyn joined the staff of the University serving in a variety of postings related to the development of the education, science and research. During his active scientific life, he spent several years working at different universities in USA, Africa and Europe. He coordinated several research and educational programmes, wrote more than 180 publications and promoted 8 doctorates.



Nicholas Kennedy

Head of Commodities, Euronext

Nicholas Kennedy started his career as an equity sales trader at Instinet in 1999 promoting electronic trading to large European Buy side customers from Paris then London before joining a Swiss Private bank and running the trading desk of their Paris office. Mr Kennedy then moved into commodities in 2005 when he joined the sales team at Diapason Commodities Management, co-founded by Jim Rogers, in Lausanne then in the UK where he helped open the London office. Following this commodity hedge fund experience, Mr Kennedy moved back into trading and held senior brokerage roles in cocoa and soft commodities at ED&F Man (MCA) and UBS in London. In 2009 Mr Kennedy joined NYSE Liffe’s Commodities Team. Following the acquisition of NYSE by ICE and the subsequent IPO of Euronext he then lead the commodities sales team as Director and Head of Business Development before taking over as Head of Commodities in December 2017.

Mr Kennedy holds a BA(Hons) International Business from Plymouth University.



Philippe Mitko

Public Affairs, InVivo Trading

Mr Mitko started in 1985 as an internal physical broker for UNCAC, then became an oilseed trader in 1992; he participated actively in the foundation of Euronext futures commodities contracts, and in the management of the executing and clearing house SIGMA Terme, subsidiary of cooperative group SIGMA.

After managing the grain relations with all cooperative members from 2004 to 2011, Mr Mitko switched to a business development position in Eastern Europe.

He is now projects manager of InVivo Trading, and is in charge of public affairs, treasurer of Synacomex, Board member of Coceral, Gafta Council member, as well as vice-chair of the European Commission Civil Dialogue group on “arable crops”.



Fabien Santini

Advisor to the Director on Markets and Observatories, DG AGRI, European Commission

Fabien Santini is an agronomist and political scientist by training, having graduated from Agro Paris Tech and Sciences Po Paris. He is a Commission official since more than 20 years and occupied positions in different DGs (AGRI, DEVCO and the JRC), most of them related with analysing the development of agricultural markets. He is currently advisor to the DG AGRI director on markets and observatories, particularly on issues related to improving the information available to the public on agricultural markets in the EU.



Marta Zuluaga Zilbermann

Director of Policy & Government Relations, Cargill

Marta Zilbermann is currently Director of Policy & Government Relations for Cargill in EMEA. She represents Cargill in a number of EU based trade associations and interacts with government actors and other stakeholders at EU level. Ms Zilbermann lives in Brussels and prior to joining Cargill she worked as consultant, advising clients in the agro-food space. She also worked as a political advisor to a Member of the European Parliament and in the regional representation of the Government of Madrid in Brussels. Ms Zilbermann holds a Law Degree from the Universidad Pontificia Comillas (ICADE) Madrid and an LLM in European Law from the Université Libre de Bruxelles.