Ukraine: One Year Later – Session I: Monetary Policy and Market Implications
Date: Thursday, February 16, 2023 - Friday, February 17, 2023
Sarasota, FL
$50.00 – $100.00
Register below to join GIC in Sarasota, FL for our two day conference or click here to attend virtually.
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Ukraine: One Year Later – Session I: Monetary Policy and Market Implications
Register to join Session I of GIC’s upcoming series, Ukraine: One Year Later. We invite you to join us in person or virtually February 16-17, 2023 to explore investment implications, the defense budget, and the role of the financial system and Central Banks in war following the 2022 invasion of Ukraine through two days of panel discussions. Joining us for Keynote Remarks will be Loretta J. Mester, Ph.D., President and CEO of the Federal Reserve Bank of Cleveland.
This two-day meeting will be held in person and virtually. It will address monetary policy issues and financing issues related to the federal budget and defense expenditures. There will also be a session on financial market reactions and implications of the Russian invasion of Ukraine. The opening series will include a military update by a retired supreme allied American commanding general, General Philip M. Breedlove, Commander, Supreme Allied Command, Europe, of the United States Air Force.
We are pleased to offer Continuing Education (CE) credits for this program. Please email Colleen Murphy at [email protected] for more information on how attendees can receive credit from the Certified Financial Planner Board of Standards, Inc. (4 CE credit hours).
Ukraine: One Year Later is a four-part series examining the impact of the war in Ukraine hosted in partnership with the University of South Florida Sarasota Manatee, and the Florida West Coast Chapter of the Air and Space Forces Association. This hybrid series will take place virtually and in-person between February – April in 2023, and cover themes such as the military-geopolitical outlook, the financial-economic arena, implications on agriculture, cybersecurity, and world trade.
The conference series is co-chaired by Major General David Scott Gray, US Air Force (retired) and David R. Kotok, Chairman and CIO, Cumberland Advisors. They are developing the program so it blends the finance and economics issues of Russia-Ukraine with the military and defense components. This is the second year of the series following a successful and quickly assembled first year held shortly after Russia invaded. The events will be held in-person at the Selby Auditorium at the University of South Florida Sarasota – Manatee and virtually via zoom.
Agenda
Thursday, February 16, 2023
8:00 – 8:30 a.m. | Registration and Coffee
8:30 – 8:45 a.m. | Welcoming Remarks
- Karen Holbrook, Regional Chancellor, USFSM
- David R. Kotok, Chairman and CIO, Cumberland Advisors
- Major General David Scott Gray, U.S. Air Force (Ret), Chair, President, and CEO of the Combat Wounded Veteran Challenge
8:45 – 9:30 a.m. | Morning Keynote
- Loretta J. Mester, Ph.D., President and CEO of the Federal Reserve Bank of Cleveland
- Moderator: David R. Kotok, Chairman and CIO, Cumberland Advisors
9:30 – 10:30 a.m. | Session I: A Conversation on Investment Implications
- Matt McAleer, Executive VP, Director of Equity Strategies, Cumberland Advisors
- William Kennedy, GIC Board Chair, and CEO, RiskBridge Advisors, LLC
- Ed Keon, Former Managing Director, Portfolio Manager and Chief Investment Strategist, Quantitative Management Associates
- Moderator: Patricia Healy, Senior Vice President of Research and a Portfolio Manager, Cumberland Advisors
10:30 – 10:45 a.m. | Break
10:45 – 11:45 a.m. | Session II: Composition of the Defense Budget and its Implications
- Byron Callan, Managing Director, Capital Alpha Partners, LLC
- Bill Hoagland, Former Director, Senate Budget Committee, Senior VP, Bipartisan Policy Center
- Moderator: Lisa McIntire Shaw, Managing Partner, Cygnus Asset Management and GIC Vice Chair of Programs
11:45 a.m. | Concluding Remarks
- David R. Kotok, Chairman and CIO, Cumberland Advisors
12:15 p.m. | Lunch
Hosted by Cumberland Advisors and RiskBridge Advisors, LLC
Friday, February 17, 2022
8:00 – 8:30 a.m. | Registration and Coffee
8:30 – 8:45 a.m. | Welcoming Remarks
- Karen Holbrook, Regional Chancellor, USFSM
- David R. Kotok, Chairman and CIO, Cumberland Advisors
- Major General David Scott Gray, U.S. Air Force (Ret), Chair, President, and CEO of the Combat Wounded Veteran Challenge
8:45 – 10:00 a.m. | Morning Keynote
- General Philip M. Breedlove, Commander, Supreme Allied Command, Europe, United States Air Force
- Moderator: Major General David Scott Gray, U.S. Air Force (Ret), Chair, President, and CEO of the Combat Wounded Veteran Challenge
10:00 – 10:15 a.m. | Break
10:15 – 11:00 a.m. | Session I: The Role of the Financial System in War
- Danielle DiMartino Booth, CEO and Chief Strategist, Quill Intelligence LLC
- David Berson, Chief U.S. Economist, Cumberland Advisors
- Moderator: Maryanne Waldman, First Vice President and Financial Advisor, RBC Wealth Management and GIC Board Member
11:00 a.m. – 12:00 p.m. | Session II: Central Banks During the Wartime Setting
- Zdenek Tuma, Former Governor, Czech National Bank and GIC College of Central Bankers Fellow
- Alfonso Prat-Gay, Former President of Central Bank of Argentina and GIC College of Central Bankers Fellow
- Moderator: Kathleen Stephansen, Senior Economist for Haver Analytics, Trustee of EQAT Trust Funds, and GIC Chair Emerita
12:00 p.m. | Concluding Remarks
- Major General David Scott Gray, U.S. Air Force (Ret), Chair, President, and CEO of the Combat Wounded Veteran Challenge
12:00 p.m. | Lunch
Hosted by Cumberland Advisors and RiskBridge Advisors, LLC
Registration fees are subject to a full refund until 72-hours in advance of the scheduled program.
Event Location
University of South Florida Sarasota-Manatee
Address: Selby Auditorium, 8350 N Tamiami Trail, Sarasota, FL 34243
Click here to view a map of USFSM’s campus.
Speakers
Loretta J. Mester, Ph.D.
President and CEO of the Federal Reserve Bank of ClevelandLoretta J. Mester is president and chief executive officer of the Federal Reserve Bank of Cleveland. In that role, she participates in the formulation of U.S. monetary policy and oversees more than 1,000 employees based at the Bank’s Cleveland office and Branch offices in Cincinnati and Pittsburgh who conduct economic research, supervise banking institutions, promote community development, and provide payment services to depository institutions and the U.S. Treasury. Mester represents the Fourth District on the Federal Open Market Committee (FOMC).
General Philip M. Breedlove
Commander, Supreme Allied Command, Europe, United States Air ForceGen. Philip M. Breedlove is Commander, Supreme Allied Command, Europe, SHAPE, Belgium and Headquarters, U.S. European Command, Stuttgart, Germany.
David W. Berson, Ph.D
Chief U.S. Economist, Cumberland AdvisorsDavid W. Berson, Ph.D. joined Cumberland Advisors in November 2022 following his retirement from the role of Senior Vice President and Chief Economist at Nationwide Insurance. There he managed a team of economists and was in charge of providing forecasts and analyses of the economy, as well as financial and insurance markets, that were used by Nationwide's senior leadership team and business units for strategic and corporate planning purposes.
Byron Callan
Managing Director, Capital Alpha Partners, LLCByron Callan, Managing Director is a near forty-year veteran of Wall Street. He’s spent three years on the buy-side, most recently as a Portfolio Manager at Lion’s Path Capital.
Danielle DiMartino Booth
CEO & Chief Strategist for Quill Intelligence LLCDanielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC,a research and analytics firm. DiMartino Booth set out to launch a #ResearchRevolution, redefining how markets intelligence is conceived and delivered with the goal of not only guiding portfolio managers, but promoting financial literacy. To build QI, she brought together a core team of investing veterans to analyze the trends and provide critical analysis on what is driving the markets – both in the United States and globally.
Major General Scott Gray
U.S. Air Force (Ret), Chair, President, and CEO of the Combat Wounded Veteran ChallengeMajor General Scott Gray, USAF, (Ret) has held numerous staff positions at the numbered air force, major command, Air Staff, Secretary of the Air Force and Joint Chiefs of Staff levels, and has commanded in support and operational organizations.
Patricia Healy
Senior Vice President of Research, Cumberland AdvisorsPatty Healy serves as Senior Vice President of Research. She provides integral market and individual credit research and insight while serving as a member of the team managing the fixed-income strategies. Patty joined the firm in 2016.
Bill Hoagland
Senior Vice President, Bipartisan Policy CenterG. William Hoagland is a BPC senior vice president. In this capacity, he helps direct and manage fiscal, health, and economic policy analyses.
Karen Holbrook, Ph.D.
Regional Chancellor, USF Sarasota-ManateeKaren A. Holbrook, Ph.D., is the Regional Chancellor at USF Sarasota-Manatee, following a year as the Interim President for Embry-Riddle Aeronautical University. Before assuming the position at Embry-Riddle she worked as a higher education consultant and the Senior Advisor to the President at the University of South Florida, where she was, until recently, the Senior Vice President for Research and Innovation then Senior Vice President for Global Affairs and International Research.
William Kennedy
GIC Board Chair and CEO, RiskBridge Advisors, LLCWilliam Kennedy is the co-founder, CEO, and Chief Investment Officer of RiskBridge Advisors, an independent, full-service investment office serving insurers, endowments and foundations, and individual investors. He is responsible for RiskBridge’s business and investment activities and has over 30 years of capital market research and investment experience.
Ed Keon
Former Managing Director, Portfolio Manager and Chief Investment Strategist, Quantitative Management AssociatesEd Keon retired in 2023 after a 25-year career in the securities brokerage and asset management businesses of Prudential Financial. During the past 15 years he was managing director, portfolio manager and chief investment strategist of QMA, Pru’s quantitative investment firm.
David Kotok
Chief Investment Officer of Cumberland AdvisorsDavid Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. David’s articles and financial market commentaries have appeared in the New York Times, the Wall Street Journal, Barron’s, and other publications. He is a frequent contributor to Bloomberg TV and Bloomberg Radio, Yahoo Finance TV, and other media.
Matthew McAleer
Executive Vice President and Director of Equity Strategies, Cumberland AdvisorsMatt McAleer serves as the Executive Vice President and Director of Equity Strategies. He is also a member of Cumberland’s Board of Directors and Executive Committee. Matt is also the Chairman of the firm’s Investment Committee and has over 25 years of investment management experience.
Alfonso Prat-Gay
Former President of the Central Bank of ArgentinaAlfonso Prat-Gay was Minister of Treasury and Finance of Argentina from 2015 until 2016. Previously, he was a member of Congress (2009-2013), and president of the Central Bank of Argentina (2002-2004).
Lisa McIntire Shaw
Founding Partner of Cygnus Asset Management, LLCLisa McIntire Shaw is a founding partner of Cygnus Asset Management, LLC based in Charlotte, NC. She has more than 30 years of experience in the financial arena. Her areas of special interest include international markets; charitable trusts; strategic wealth preservation; and domestic, corporate, government and municipal bonds.
Kathleen Stephansen
GIC Chair Emerita, Senior Economist for Haver Analytics and Trustee of EQAT Trust FundsKathleen Stephansen is GIC Chair Emerita, Senior Economist for Haver Analytics and Trustee of EQAT Trust Funds. She is the former Chief Economist of Huawei Technologies, Chief Economist of the American International Group (AIG) and AIG Asset Management’s Senior Strategist and Global Head of Sovereign Research. Prior to joining AIG in 2010, Kathleen was Chief Economist at Aladdin Capital Holdings, Credit Suisse’s Head of Global Economic Research, and Donaldson, Lufkin and Jenrette Securities Corporation’s co-head of Fixed Income economic research and Chief International Economist.
Zdeněk Tůma
Chairman of the Supervisory Board of the ČSOB GroupZdeněk Tůma is currently the Chairman of the Supervisory Board of the ČSOB group and worked in the last decade as the Partner responsible for financial services in KPMG Czech Republic.
Maryanne Waldman
First Vice President – Financial Advisor, RBC Wealth ManagementMaryanne Waldman is the First Vice President – Financial Advisor for RBC Wealth Management. Prior to her current position, Maryanne was a vice president at Morgan Stanley Wealth Management.
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