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ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE UK Thirty-First Annual Conference “A New Approach for Global Economic and Social Growth” Friday 16th October 2009 Glaziers Hall, London

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ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE UK

Thirty-FirstAnnual Conference

“A New Approach for Global Economic and Social Growth”

Friday 16th October 2009Glaziers Hall, London

2009

“A NEW APPROACH FOR GLOBALECONOMIC AND SOCIAL GROWTH”

Honorary Chairman of the The Italian Ambassador to the Court Conference of St James’s

H.E. Giancarlo Aragona

President of the Italian Chamber of Commerce Leonardo Simonelli Santi

Co-Chairmen of the Conference Professor Robert Leonardi

London School of Economics and Political Science

Richard Stovin-BradfordLex ColumnFinancial Times

Panel:H E Shaukat Aziz Former Prime Minister of Pakistan

Ornella Barra Chief Executive, Pharmaceutical Wholesale DivisionAlliance Boots

Massimo D’Aiuto Managing Director and CEOSIMEST SpA

Chris Gibson-Smith ChairmanLondon Stock Exchange

Greg Hands MP Shadow Treasury Minister

Cardinal Giovanni Lajolo President of the Pontifical Commission for VaticanCity State and President of the Governorate of theVatican City State

Angelos Papadimitriou Chairman Managing Director GlaxoSmithKlineSpA Italy and Area Head Southeast Europe

Ignazio Visco Deputy Director GeneralBanca d’Italia

Guest of Honour at Lunch: Senator Maurizio SacconiItalian Minister for Employment, Health and Social Policies

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HONORARY COUNCIL OF THE ITALIANCHAMBER OF COMMERCE AND INDUSTRY FOR THE U.K.

Honorary President H.E. Giancarlo AragonaItalian Ambassador

Presidential Council Sir Win BischoffLord Thomas BridgesLord David CurrieLord Ezra of HorshamSir Paul GirolamiMark GarvinSir Jan LewandoMichael Ancram MP – The Marquess of LothianBrian C. Mck. HendersonLord Paul of MaryleboneKevin McNamara Sir Hugh RossiPaolo ScaroniSir Derek Thomas

Honorary Vice President Marco ManciniFirst Counsellor for Economic Affairs, Italian Embassy

Honorary Councillors Salvator Roberto AmendoliaScientific Attaché, Italian EmbassyStefano CarcascioUK Representative, Banca d’ItaliaFabrizio Di ClementeDirector, Italian Trade Commission Simone LavariniChairman, Spaghetti House LtdRobert LeonardiLondon School of Economics and Political ScienceCarlo PresentiDirectorItalian Cultural InstituteValerio ScoyniDirector, ENITUnited Kingdom & Republic of IrelandUberto Vanni d’Archirafi Consul General, Italian Consulate GeneralPeter Wood/Ronald FarrantsBILA British Italian Law Association

Honorary Auditors Paride Di GiorgioPariola Ltd

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COUNCIL OF MANAGEMENT OF THEITALIAN CHAMBER OF COMMERCE

President Leonardo Simonelli SantiManaging Director, Etrufin Reserco Ltd

Senior Vice President Carlo ColombottiLegal: International Legal Consultant

Vice Presidents Banking: Stefano Burani

General Manager, Intesa Sanpaolo SpA, London BranchIndustry: Alberto Bertali

Non Executive Chairman, Hoover Candy GroupEduardo Teodorani-FabbriCorporate Senior Vice President, CNH UK Limited

Services: The Hon Sir Rocco ForteChairman, The Rocco Forte Collection

Treasurer: Luigi PennaGeneral Manager, Banco Popolare Sc, London Branch

CouncillorsAnthony Airs General Manager, Banca IMI SpA, London BranchFabio Castiglione Managing Director, ENI UKLuciano Cenedese Head of Corporate Banking/GTB London, Unicredit

GroupEmilio Chiesi London Representative, Banca Carige SpADavid Crackett President, British Chamber of Commerce for ItalyGiuseppe D’Anna Chief Executive Officer, Power Consulting Company LtdAlberto De Benedictis Chief Executive, Finmeccanica UK LtdSilvia Fazio Partner, Collyer-Bristow Richard Gadeselli Chairman, FIAT UKDavid Godfrey Consultant, Hill Dickinson LLP incorporating Middleton

PottsAndrew Humberstone (Alternate) Managing Director, Fiat Group Automobiles UK LtdStefano Ispani Director, Ponti’s GroupRoberto Pollara (Alternate) General Manager, Unicredit SpA, London BranchMaria Sacconi Area Manager, Northern Europe, Alitalia SpAAntonio Tomassini Director, Euro Catering Foods LtdEnrico Vignoli General Manager, Banca Monte dei Paschi di Siena,

London Branch

Helen Girgenti Secretary GeneralChristian Fianco Deputy Secretary GeneralBarry A. Walker Adviser to the PresidentNeil Scott & Company Auditors

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PROGRAMME

“A NEW APPROACH FOR GLOBAL ECONOMIC & SOCIAL GROWTH”

8.15 Registration and Coffee in the Library and Court Room

8.55 Call to Conference in the Banqueting Hall

FIRST SESSION

9.00 President’s welcomeDott Leonardo Simonelli Santi President, The Italian Chamber of Commerce and Industry for the U.K.

Welcome from the Italian Ambassador to the Court of St. James’sH E Giancarlo Aragona

9.20 Opening address by the Co-Chairman of the ConferenceProfessor Robert LeonardiLondon School of Economics and Political Science andDirector of the Social and Economic Cohesion Laboratory

9.30 Speakers:Ignazio ViscoDeputy Director General, Banca d’Italia

Massimo D’AiutoManaging Director and CEOSIMEST SpA

Ornella BarraChief Executive, Pharmaceutical Wholesale DivisionAlliance Boots

Angelos PapadimitriouChairman Managing Director GlaxoSmithKline SpA Italyand Area Head Southeast Europe

10.30 Coffee break in the River Room

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SECOND SESSION

11.00 Opening address by the Co-Chairman of the ConferenceRichard Stovin-BradfordLex Column, Financial Times

11.10 Speakers:Chris Gibson-SmithChairman London Stock Exchange

H E Shaukat AzizFormer Prime Minister of Pakistan

Greg Hands, MPShadow Treasury Minister

Cardinal Giovanni Lajolo, Cardinal President of the Pontifical Commission for Vatican City State and President of the Governorate of Vatican City State

12.00 Q & A

12.30 Summary

12.40 Cocktails in the River Room

13.15 Luncheon in the Banqueting Hall

Guest of Honour:

Senatore Maurizio SacconiMinister for Employment, Health and Social Policies

15.00 Luncheon ends

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The Regional Investment Contract finances and supports new investmentprojects in Piemonte, northwest Italy

The Contract guarantees

• rapidity and certainty of timing for administrative

procedures

• investment support with grants

• the commitment of the local authorities, universities and

research bodies involved in the project

• assistance in all stages of the project

For further information: [email protected]

www.investintorinopiemonte.org

www.centroestero.org

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BIOGRAPHIES

SHAUKAT AZIZShaukat Aziz was the Prime Minister of Pakistan from 2004 to 2007 and was the first Prime Ministerof Pakistan to complete a full term in office. Appointed Finance Minister in November 1999, afterthe resignation of Zafarullah Khan Jamali, he became Prime Minister on 28 August 2004 and serveduntil 15 November 2007.

Mr. Aziz was born on March 6, 1949 and brought up in the southern city of Karachi. He receivedhis early education from St. Patrick’s School at Karachi and Public School at Abbottabad. Hegraduated from Gordon College, Rawalpindi in 1967 and achieved an MBA in 1969 from theInstitute of Business Administration, Karachi. The same year, he started his career at Citibank ascredit officer in Karachi and served in various countries including Greece, the United States, theUnited Kingdom, Malaysia and Singapore.

He received many promotions to various positions: Citibank’s head of Corporate and InvestmentBanking for various regions, Corporate Planning Officer, Citicorp, Country Manager for Citibankin Malaysia and in Jordan, board member of Citibank subsidiaries and of several non-profitorganizations. In 1992, he was appointed Executive Vice President of Citibank.

Before taking leave from Citigroup, he was the head of its global Private Banking Division andprogressed to a senior post with the bank in New York. In November 1999, at the height of a30-year career in global finance, he was appointed Finance Minister by the Government of Pakistan.

ORNELLA BARRA Ornella Barra, a graduated pharmacist, is Chief Executive, Pharmaceutical Wholesale Division ofAlliance Boots. She heads up Alliance Healthcare, the International Division of Alliance Boots,which is present in sixteen countries and supplies over 140,000 pharmacies, doctors, health centresand hospitals from over 370 warehouses. Moreover it supports a large network of independentpharmacies and operates a number of owned pharmacies.

Ornella is also responsible for Boots International, the Health & Beauty retail business that operatesoutside the UK, with outlets in Continental Europe, America, South Eastern Asia and in theMiddle East.

Alliance Boots, privately owned since July 2007 when it was acquired by AB Acquisitions Limited(Stefano Pessina and Kohlberg Kravis Roberts), was created as a result of the merger of equalsbetween the Boots Group PLC and Alliance UniChem Plc in July 2006. It is present in more than20 countries with over 115.000 employees and operates more than 3,200 health and beauty retailoutlets in nine countries of which just under 3,000 have a pharmacy.

Prior to the merger of Alliance UniChem and Boots Group, Ornella has been Board member andExecutive Director of Alliance UniChem since 1997 when UniChem merged with Alliance Santé,the Franco-Italian group with interests spanning Europe, of which she had been Board Member since1990. In 1984 she founded a pharmaceutical distribution company in Italy, which was acquired byAlleanza Salute Italia (now Alliance Healthcare Italia) in 1986.

Ornella is Board Member of the Italian Enterprise Representative Body (Confcommercio) and alsoof the International Federation of Pharmaceutical Wholesalers. In 2007 she was also appointedExecutive Member of the ECR Europe (Efficient Consumer Response). She is Special Professor ofthe University of Nottingham’s School of Pharmacy.

MASISMO D’AIUTO Ing. Massimo D’Aiuto is the Chief Executive Officer and Managing Director of SIMEST SpA, whichhe joined when it was established in 1991 to assist Italian companies with their investments in allthe non EU countries.

Prior to that he held various positions in several industrial and financial groups and Holdings, bothpublic and private, where he developed strong technical economic skills along with a wide rangingfinancial background.

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He has been a board member of major foreign financial institutions such as EDFI (Luxembourg),InterEuropa Bank (Hungary), IBC Zao (Russia) and Finest SpA where he developed considerableexpertise in business management issues and international finance, as well as an extensivecompetence in foreign development strategies and enhancing the competitiveness of the Italianindustrial system.

Over the last twelve years he has contributed significantly to the success of Italian governmentmissions in foreign countries.

CHRIS GIBSON-SMITHChris has been Chairman of the London Stock Exchange since 2003. The Exchange administers thelargest equities market in Europe with a market capitalisation of £4 trillion and annual tradingturnover of £6 trillion.

Chris became Chairman of The British Land Company PLC in January 2007. British Land isEurope’s second largest property group by market cap and invests in prime commercial and retailproperty.

He is a Non-Executive Director of the Qatar Financial Centre Authority. In addition, he is agovernor of the London Business School. Chris was Chairman of National Air Traffic Services(NATS) from 2001 – 2005, Group Managing Director of BP from 1997-2001, a Director of LloydsTSB from 1999 – 2005 and Director of Powergen from 2001-2002. As a result, he has experience ofthe oil and gas sector including exploration, production, refining, and petrochemicals, plus thebanking, aviation, power, property, and finance sectors.

Chris has a BSc in Geology from Durham University (1967), a PhD in Geochemistry from NewcastleUniversity (1970) and a Masters in Business from Stanford University (1985). He was a Sloan Fellowof the Stanford Business School (1984-85).

He joined BP in 1970 as an exploration and production geologist. He became European ChiefExecutive for BP Exploration in 1992 and then Chief Operating Officer for BP Chemicals in 1995.He became a Group Managing Director of BP in 1997.

He served on Government advisory committees on aviation, and oil and gas. He also served twoterms on the Sloan Advisory Board of the Stanford Business School, is a past Chairman of Businessin the Arts Scotland, past Chairman of the California Marine Mammal Centre, past Council memberof the CBI Scotland, past member of the UK Sustainability Commission, and a past Trustee of theInstitute of Public Policy Research, and Arts and Business.

Chris is married to Marjorie who is a retired teacher. They have two children - Emma, an architectand Sarah, a doctor. His interests include literature, music, art, skiing, sailing, and golf.

GREG HANDS MPGreg Hands was born in 1965 in New York, the son of British parents, and lived in the USA untilhe was seven years old. His family subsequently moved to England and in 1989 he graduated withfirst class honours in Modern History at Cambridge University. He worked in banking for eightyears leaving in 1997.

Greg joined the Conservative Party whilst at Cambridge University, and was the Chairman of theUniversity Conservative Association in 1988, and was also an elected officer of the Students Union.He joined the Fulham Conservatives in 1991 after moving to Fulham in 1990 where he has lived eversince. In 1998, Greg was elected to the Council for the first time, propelling the Conservatives fromthird into first place in Eel Brook ward, and unseating the Liberal leader. A year later, Greg waselected Leader of the Conservative group on the Council, and led the Party in the 2002 Councilelections to achieving its highest vote share – 43% - since 1978.

In October 2002, Greg was selected as the Party’s Parliamentary candidate for Hammersmith &Fulham. The most marginal constituency in London at the 2005 General Election, Greg won the seatfrom Labour on a 7.35% swing. His majority is 5,029.

In November 2006, Greg was selected by Conservative Party members to fight the new Chelsea &Fulham constituency at the next General Election, expected in 2009. Until the next election, Gregcontinues to represent both Fulham and Hammersmith.

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Greg’s main interests in national politics are in foreign affairs, housing policy and local government,counter-terrorism and the criminal justice system. Greg is a member of the Executive of ConservativeWay Forward (CWF), a member of the Advisory Group of the I Want a Referendum campaign, amember of the Steering Group of the Cornerstone Group of MPs, a member of the 1992 Groupand the No Turning Back Group.

In Parliament, Greg is a member of two Select Committees, the Select Committee for Communitiesand Local Government, probing the work of Government in these key areas, and the EuropeanScrutiny Committee, examining the work of the European Union and its steady flow of legislationaffecting Britain.

In foreign affairs, Greg is a specialist in Germany, Russia, Central and Eastern Europe and CentralAsia. Greg is Treasurer of the All-Party Russia Group in Parliament.

In January 2009, Greg was appointed Shadow Treasury Minister by David Cameron.

Greg is married with a daughter and a son.

CARDINAL GIOVANNI LAJOLOCardinal Lajolo was born on 3 January 1935 in Novara, Italy. His father was a doctor, and his motherhad emigrated to the USA, but returned to Italy (while retaining her new US citizenship).

His Eminence studied at the Pontifical Roman Seminary in Rome and obtained degrees from thePontifical Gregorian University and later a higher degree in canon law from the University ofMunich. He then studied diplomacy at the elite Pontifical Ecclesiastical Academy.

He was ordained for the Diocese of Novara on 29 April 1960 by Bishop Ugo Poletti, then AuxiliaryBishop of Novara. After his studies in Rome, he entered into the diplomatic service of the Holy See,working in the Secretariat of State, the Nunciature in Germany and then in the Roman Curia in theCouncil for the Public Affairs of the Church. He was closely involved in the negotiations that ledto the 1984 revision to the concordat between Italy and the Holy See.

Pope John Paul II appointed him Secretary of the Administration of the Patrimony of the ApostolicSee on 3 October 1988, raising him to the episcopate. He was consecrated a bishop on 6 January1989 by Edward Cardinal Cassidy in St Peter’s Basilica in Rome.

He was Nuncio to Germany from 1995 to 2003 and was responsible for the signing of a number ofdiplomatic agreements between the Holy See and various German states during that time.

He was brought back to Rome in 2003 when he was named the Secretary of the Secretariat of Statefor the Relations with States (the diplomatic office).

Pope Benedict XVI named him President of the Pontifical Commission for Vatican City State andPresident of the Governatorato of Vatican City, with effect from 15 September 2006.

ROBERT LEONARDIRobert Leonardi holds the Jean Monnet Chair in European Politics and Policy in the EuropeanInstitute, London School of Economics. He has been Visiting Professor in European Public Policyin the Political Science Department at the LUISS (Rome) in 200-2005 and in the past he has servedon a visiting basis at Johns Hopkins Bologna Centre, European University Institute, University ofFlorence, University of Bologna, Carlo Cattaneo University in Varese, University of Messina,University of Catania.

He has lectured extensively on European affairs at Stanford University, University of Trento,University of Rio di Janeiro and Sao Paolo in Brasil, University of Barcelona, University of theAlgarve and Pantion University in Athens.

He has written extensively on European policy making, and his latest books are: The CohesionPolicy of the European Union: The Making of Europe (London, Palgrave, 2005) and The Dynamicsof Federalism in National and Supranational Political Systems (London, Palgrave, 2006).

He has served on the scientific committee of NOMISA, Trento Cultural Institute, Bonino-PulejoFoundation and has been advisor for national, regional and local governments in Italy and othercountries of Southern Europe on European policies. Since 1992 he has been the Director of the

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Economic and Social Cohesion Laboratory at the LSE ; in 2005 he also became the director of theSocial Capital Research Network at the LSE.

ANGELOS PAPADIMITRIOUAngelos Papadimitriou is responsible for GlaxoSmithKline’s pharmaceutical operations in Italy sinceJune 2005. In May 2008 was also appointed Area Head Southeast Europe, an area including Austria,Greece, Israel, Serbia Croatia and the rest of the Adriatic markets. He also oversees the activity ofthe company’s Oncology Global Centre of Excellence.

In addition to his role inside GSK, he serves as Vice President of Farmindustria, the Italianpharmaceutical industry association and as Vice President for Confindustria Verona. In April 2008he became the first non-Italian to be appointed to the National Executive Board of Confindustria,where he presides over the Committee of Foreign Investors.

Prior to his move to GSK Italy, he was GSK’s European Director for Commercial Development.

Before joining GSK, Papadimitriou held various positions in Schering Plough between 1997 to 2003,including General Manager positions in Italy and Spain and senior executive positions in theUnited States.

Early in his career he held positions at McKinsey & Co’s New York Health Care Practice, Merck& Co’s US Management Training Programme and General Manager positions (Greece and Spain)with Laboratoires Fournier.

Papadimitriou, a Greek native, holds a Bachelor’s degree in Business Economics and ComputerScience from Brown University and an MBA from Harvard University.

MAURIZIO SACCONIMaurizio Sacconi, born in Conegliano (Treviso) on 13 July 1950, holds a law degreee and is currentlyon the faculty of the Economics Department of the Università degli Studi di Roma at Tor Vergata.

He was elected as a Senator for the Partito delle Libertà (PDL) in April 2008 and on 8 May 2008was appointed Minister for Employment, Health and Social Services in the current BerlusconiGovernment.

Minister Sacconi has had a long political and parliamentary career first in Partito Socialista Italiano(PSI) then in Forza Italia and now in PDL. Over the last few years his name has been linked inparticular to policy in the work place, working with Marco Biagi, the well known jurist andprofessor from Bologna in the preparation of the 2001 White Book and then becoming involvedwith the approval of various reform projects after Biagi’s assassination. He is the President of theAssociazione Amici di Marco Biagi.

Between 1987 and 1994 he held various positions as Junior Minister. Between 1992-1993 he was theJunior Minister for Public Administration and was responsible for the reform of publicadministration and the Civil Service which became Decree Law n. 29/30. From 1987-1992 and againfrom 1993-1994 he was the Junior Minister at the Treasury Ministry in charge of reforming theregulation of bank intermediaries and investments.

After a period at the International Labour Organisation in Geneva, he returned to politics in theranks of Forza Italia and became Junior Minister for Employment from 2001 to 2006.

He is married with a son.

LEONARDO SIMONELLI SANTILeonardo Simonelli was born in Siena in 1939. Following a First Class Honours degree in Physicsand Chemistry, post-graduate studies included Research Associate Fulbright Scholarship at Sanfordand Illinois Universities, a business administration course at Illinois University and IBJ Tokyo anda MA from Birbeck College.

In 1969 he was appointed Adviser to IMI Istituto Mobiliare Italiano for the financing of appliedresearch projects and the setting up of the research department. In 1972 he was a ForeignDepartment Officer based in Brussels and in 1973 was made responsible for the Export CreditDepartment in Rome. In 1977 he became Chairman of IMI’s UK subsidiary, and in 1984 wasresponsible for IMI’s International Division.

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In 1986 he established Etrufin Reserco Limited in the City of London where he continues to beManaging Director. Etrufin offered financial services and representation to Italian regional banks.

He was elected President of Finest in 1993, an Italian financial services company specialising inCentral and Eastern Europe. His term of office expired in April 1999. He was Chairman of theInternational Savings Banks in London from 1989-91 And Director of many Italian and internationalcompanies (including I.I.C.Y., Interfund, Fonditalia and INSUD).

He served as Vice-President of the Italian Chamber of Commerce and Industry for the UK duringthe years 1986-94 and was appointed President in 1994. Additionally, in 1999 he was elected Directorof Assocamerestero, Rome.

He is President of Simonelli Santi Co SpA and in 2005 was appointed to the Board of Directors ofMonte dei Paschi Banca Personale and Fondazione San Martino, The Vatican.

He is the author of numerous publications in Italian, American and British journals and participatedin various conferences relating to international trade and its financing with a specialist view onEast-West relations.

In 1997 he was nominated Grand Ufficiale all’ordine al merito della Repubblica Italiana and in 2005he became a Freeman of the City of London.

Married with 3 children, his main leisure interests are tennis and shooting.

RICHARD STOVIN-BRADFORDRichard holds an MA (Hons) in Modern Languages from Worcester College, Oxford. He began hisprofessional career in 1980 working with the Bank of London and South America/Lloyds BankInternational London in Seville, Barcelona, Vitoria and Madrid. Subsequently he moved to TheSanwa Bank Limited/Sanwa International Limited, London (now MUFG), SG Warburg & Co Ltd,London (now UBS), Hambros Bank Limited, London (now Société Générale/Investec) and, finallyin 1989, to UAL Merchant Bank Limited, Johannesburg (now Nedbank Group).

After 17 years in banking, while based in South Africa he decided to turn his hand to journalismand joined “Business Report” becoming their Banking & Financial Services Editor. While there hehelped create a series of “investable” Johannesburg Stock Exchange indices with ING BaringsFinancial Markets – the BR-ING indices – which gave impetus to the subsequent reclassification ofsectors by the Johannesburg Stock Exchange. In 2000 he moved over to become the BankingCorrespondent for the Johannesburg “Sunday Times” which had a weekly readership of over2.2million - the largest of any South African financial publication. In 2000 and 2005 he won a SanlamAward for Excellence in Journalism.

In October 2008 he moved back to the UK to join the “Financial Times” as a Lex Writer coveringbanking and financial services, mining and resources, stock exchanges, defence, Ireland, Spain andSouth Africa.

He is single and his leisure interests include Wine (Cape Wine Academy Diploma); Music (PianoGrade VII and Flute); travel and languages.

IGNAZIO VISCOIgnazio Visco, born in Naples on 21 November 1949, has been the Deputy Director General of theBank of Italy since 9 January 2007. Chairman of the International Relations Committee of theEuropean System of Central Banks (ESCB) since June 2009; member of the G-7 Deputies, the G-20Deputies, the EU Economic and Financial Committee, and the OECD Economic Policy Committee'sWorking Party 3; alternate member of the BIS Board of Directors.

Graduated summa cum laude in Economics at the University of Rome in 1971, hired by the Bankof Italy in 1972, he completed his advanced training at the University of Pennsylvania in Philadelphia(M.A in 1974 and Ph. D. in Economics in 1981), with several fellowships (“Bonaldo Stringher”, Bankof Italy; Ente “Luigi Einaudi” per gli studi monetari, bancari e finanziari; “Marco Fanno”,Mediocredito Centrale; "Economic Research Unit", Economics Department, University ofPennsylvania).

In 1974 he joined the Bank of Italy’s Economic Research Department, where he engaged over theyears in empirical and theoretical research, focusing on the Italian economy, macroeconomic policy,

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and econometric methods and modelling. In 1990 he was appointed Head of the Economic ResearchDepartment, participating in the study and design of monetary and exchange rate policy decisionsand representing the Bank on a number of national and international committees (including at theOECD, EU and BIS).

Between 1997 and 2002, he was Chief Economist and Head of the Economics Department of theOECD, and he served on several international groups and committees, including the G-10 Deputies(in which he subsequently represented the Bank of Italy in 2004-2006) and the Commission onGlobal Ageing of the Center for Strategic and International Studies (Washington, DC). Returning tothe Bank of Italy, he was appointed Central Manager for External Activities in March 2004, and thenworked as Central Manager for Economic Research from March to December 2006.

He taught econometrics (1983-1985) and economic policy (1989) at the University of Rome. He isthe author of many articles and books including: Price Expectations in Rising Inflation, NorthHolland, 1984; Le aspettative nell’analisi economica, Il Mulino, 1985; Inflazione, concorrenza esviluppo (with S. Micossi), Il Mulino, 1993; Saving and the Accumulation of Wealth (with A. Andoand L. Guiso), Cambridge University Press, 1994; L’economia italiana (with L. F. Signorini), IlMulino, 2002; Ageing and Pension System Reform (Report for the G-10 Deputies, chairman of theWorking Group), 2005; Investire in conoscenza, Il Mulino, 2009.

He was Associate Editor of the European Economic Review (1986-1991) and member of thefollowing Scientific Committees: Fondazione Enrico Mattei (1994-2001), Raffaele Mattioli Lectures(1996-2004) and ISAE “Monitoring Italy” (2002-2003). At present, he is co-editor of Politicaeconomica, member of the Advisory Group for Economics of Il Mulino, of the Advisory Committeeof the Scuola Normale Superiore di Pisa, of the Scientific Committee of the Advanced School ofEconomics in Venice (SSE), and chairman of the Scientific Council of the International Center forMonetary and Banking Studies in Geneva.

He is a member of the Italian Economics Society, the Italian Statistics Society, and the AmericanEconomic Association. He was granted the Leontief Award for Best Dissertation in QuantitativeEconomics (Eastern Economic Association, 1982), the title of Grande Ufficiale al Merito dellaRepubblica Italiana (2002) and the “Best in Class” prize, Economics Department, “La Sapienza”University of Rome (2006).

He is married with three daughters.

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TOASTS

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THE PRESIDENT OF THE ITALIAN REPUBLIC andTHE HEADS OF STATE OF THE COUNTRIES HERE REPRESENTED

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THE GUESTS

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PRESIDENT OF THE ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE UK

Dott Leonardo Simonelli Santi

Reply by

THE ITALIAN MINISTER FOR EMPLOYMENT,HEALTH AND SOCIAL POLICY

Senator Maurizio Sacconi

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TABLE HOSTS

TABLE HOSTS Table Number

Banca IMI SpA – London 11

Banca Monte dei Paschi di Siena – London Branch 21

Banca Popolare S.c. – London Branch 20

Carlo Colombotti International Consultants 8

Intesa Sanpaolo SpA – London Branch 10

Mediobanca SpA – London Branch 3

Pirola Pennuto Zei & Associati 18

UniCredit Group 22 & 23

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MEMBERS & GUESTS

Surname Name Company Area of Activity and/or Title Table

Abate Nicoletta UPB Wealth ManagerAgo Francesco Chiomenti Studio Legale Partner 7Airs Anthony Banca IMI SpA General Manager, London 11Amadei Stefania Master Programme StudentAmendolia Roberto Italian Embassy Scientific Attache’ 11Arena Pier Carlo Intesa Sanpaolo Bank Ireland Plc Managing Director 11Arnone Alessandro Trefinance Direttore Finanziario del Gruppo 9Atkinson Simon LSE Group Treasurer 22Attanasio Aldo Arbitrage Group Managing Partner 21Autieri Claudia Comitato Sostentitori Fondazione Pro

Musica e Arte Sacra Presidente 16Aziz Shaukat Former Prime Minister of Pakistan 16Baccarini Pietro Banca di Romagna SpA Presidente 9Banfi Lorenzo Pirola Pennuto Zei & Associati Partner 18Barachini Enrico Società Gestione Crediti BP Presidente 15Barra Ornella Alliance Boots Chief Executive,Pharmaceutical

Wholesale Division 14Basilico Luca Master Programme StudentBassetti Piero Globus et Locus Presidente 12Belluzzo Luigi B & A Partners Limited Partner 2Ben Laiche Tamir Euroceanica Group Managing Director 11Bianchi Elisa Merrill Lynch Financial Advisor 24Boschi Emanuele Banca Etruria Program Management Support 7Bracaglia Marco EXVI CEO 19Brauzzi Giovanni Ambasciata d’Italia Charge’ d’Affaires 16Bresner Davide Rapisardi Intellectural Property Attorney-at-law 19Brinatti Lorenzo Merrill Lynch International Bank Ltd Global Client Management 1Bruni Mario Fiat Finance and Trace Ltd Director 10Bruno Paola Banca Italease Banco Popolare Director Corporate Development 2Burani Stefano Intesa Sanpaolo General Manager, London Branch 9Burke Alan White and Case Senior Partner 3Caissotti di Chiusano Niccolo’ Aston Bank, Lugano Non Executive Director 4Callegaris Donatella Kreos Capital Portfolio Executive 2Calvi Andrea Loiacono e Associati Partner 2Capodagli Stefano EBRD Senior Credit Manager 23Capozzi Alessandra Intesa Sanpaolo Relationship Manager -

Corporate Banking 10Cappella Angelantonio Master Programme StudentCarcascio Stefano Banca d'Italia UK Representative 22Carello Massimo Canaccord Capital Inc Non Executive Director 8Carosi Angelica Master Programme StudentCarotenuto Giovanni Orrick Herrington & Sutcliffe Of Counsel 4Casadio Illeana Banca di Romagna SpA 9Casalino Corrado Intesa Sanpaolo Director International Network 9Castagna Giuseppe Intesa Sanpaolo Regional Director Intesa Sanpaolo &

Director General Banco di Napoli 15Castiglioni Fabio ENI UK Ltd Managing Director 10Cavalera Fabio Corriere della Sera UK CorrespondentCenedese Luciano Unicredit Group Head of Corporate Banking 22Cernoia Walter EBRD Member of the Board 15Chapman CMG, OBE H. E. Edward British Ambassador to ItalyChighizola Lorenzo Stahlbau Pichler Director 12Church Will TV Project Co-ordinatorCianci F M UniCredit Group Stagiere 23Cicognani Maria Luisa Mediobanca SpA Managing Director, M& A Emerging

Markets 3Circi Andrea KStudio Associato Consulenza Legale

e Tributaria Associate Partner - TaxClavarino Amedeo Majola Palace Saint Moritz Proprietario 3Coda Pierpaolo UniCredit Group Relationship Manager 23Cogliandro Paola Italian Consulate General Console 20Coleman Martin Sandy Row Travel Management Ltd Director 5Colombini Alessandro Giovani Imprenditori Confindustria Toscana Presidente 14Colombo Andrea Navalmar Director 22Colombotti Carlo Solicitor 8Colozza Massimo Chiomenti Studio Legale Partner 7Conti Rossana Speechly Bircham LLP Solicitor 2Cornini Claudio Cornhill & Harvest Limited Director 2Courtney Steven Sandy Row Travel Management Ltd Director 1Cozzani Federica Hill Dickinson LLP Avvocato 24Crivellaro Roberta Withers LLP Partner 18Cullen Teresa Rochman Landau Partner

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MEMBERS & GUESTS

Surname Name Company Area of Activity and/or Title Table

Dadon Melody Italian Chamber of Commerce Commercial ManagerD’Aiuto Massimo SIMEST SpA Managing Director and CEO 15D’Alessandro Irma Master Programme StudentD’Amico Roberto Information EditorD’Anna Giuseppe Power Consulting Managing Director 3Danreuther David Withers LLP Partner 12De Luca George UniCredit Group London Head of Corporate Desk 23De Marchi Nino Banco Popolare Sc Deputy General Manager,

London Branch 20De Montalembert Bruno CCIF Chambre de Commerce Italienne pour la Treasurer

France de Paris 14de Palma Maria Rosa Belluzzo e Associati Commercialista 21de Rossi Marco AVVIVA Head of Strategy 3DeCoursey Adie Master Programme ProfessorDel Din Alberto Paul, Hastings, Janofsky Studio Legale Partner 5Di Clemente Fabrizio Italian Trade Commission Director UK 20Di Filippo Paolo T & F Limited Senior Manager 8di Montorio Veronese Paolo PDMV Capital President 8Di Nunzio Donato D’Amico Treasurer 22Dozzi Andrea Pirelli International Ltd Financial Planning 10Ellis Michael CLS Communications Relationship Manager Italian Clients 1Erba Mario Banca Popolare di Sondrio Vice Direttore Generale 16Falciani Stefano List UK Limited Managing Director 19Fantoni Claudio Pictet Investment Company Ltd Director - Private Banking 24Fazio Silvia Collyer Bristow Partner 4Fedi Fabio Fondazione "Centesimus Annus pro Pontifice” Consigliere di Amministrazione 15Fenton Ed TV London Managing DirectorFerrara Ferruccio Bank of America Managing Director 8Ferrario Marco Banca UBAE SpA General Manager 20Ferrero Fabrizio Sator Capital Limited Director 8Fianco Christian Italian Chamber of Commerce Deputy Secretary General 24Finardi Daniela Italian Chamber of CommerceFinocchiaro Angela Anna Master Programme StudentFontana Luigi Italian Chamber of CommerceFranceschini Carlo Finmeccanica SpA Consulente 21Franz Ernesto Laurentia Financial Services Ltd Director 1Gallanti Matteo NCTM Partner 12Gallenca Andrea ISC Institutional Service Centre Ltd Senior Relationship Manager 7Gallo Vincenzo Consulente Aziendale 3Gammer Tony Amstel Securities London Securities Trader 11Gattamelata Massimo Fondazione “Centesimus Annus” Segretario Generale 9Gattazzo Tini’ Master Programme StudentGelardini Morena Master Programme StudentGentile Marco Burberry Chief Executive Officer 22Giacalone Alessandro Italian Chamber of Commerce Trade Fairs PromotionGibson-Smith Chris London Stock Exchange Chairman 9Girgenti Helen Italian Chamber of Commerce Secretary General 12Giuliani Alessandro Gianni, Origoni, Grippo & Partners Partner 12Gnagnatti Giuliano Liberation Ventures Ltd Group Managing Director 1Gnagnatti Giuliano Master Programme StudentGodfrey David Hill Dickinson LLP Partner 14Goldie Tyrone TV Executive ProducerGrecchi Simone Banca Infrastrutture Innovazione e Sviluppo General Manager, London 11Hadley-Hager Claudia Bank of New York Mellon Global Client Management 23Hampl Christoph Unicredit Group Director Debit Capital Markets 22Hands Greg Member of Parliament 15Hatfield Sam Hakluyt & Company Executive 12Haydu Mark Governatorato Stato della Citta del Vaticano Assistant to the Cardinal 16Ignatius Nadia Withers LLP Solictor 19Iommi Manuel Italian Chamber of CommerceJacoangeli Manuel Consigliere Diplomatico del Ministro Sacconi 14James Cameron Sean TV London Producer Kupfer Jan Unicredit Group Head of CIB Intenational Client

Management 22Laffineur Petracchini Gherardo Espirito Santo Financial Group S A Chief Executive Officer 5Lajolo Giovanni Governorate of Vatican City State President 16Lamorgese Eva Italian Chamber of Commerce Trade Fairs PromotionLanger Sandra CLS Communications Relationship Manager 2Lantelme Marco Carnelutti Studio Legale Associato Partner 2Legnani Andrea CitiBank International PLC Public Affairs Officer 18Leonardi Robert London School of Economics Professor 14Leone Gianni Alitalia SpA Head of Sales UK & Ireland 12

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MEMBERS & GUESTS

Surname Name Company Area of Activity and/or Title Table

Leone Enrica Master Programme StudentLibrando Gaetano International Maritime Organisation Head, Treaties and Rules Section, Legal

(United Nations) Affairs and External Relations Division 20Lichino Claudio Chiomenti Studio Legale Partner 7Lovell Annamaria Merrill Lynch Portofolio Managers Ltd Director 4Lynn George Barclays Commercial Relationship Director, Foreign Banks

in the UK 20Macorigh Marco Tradinvest Management Ltd Director 5Magro Mara Tradinvest Management Ltd Marketing & Research Manager 1Maisano Leonardo Il Sole 24 Ore London Bureau Chief 21Mancini Marco Italian Embassy Primo Consigliere Commerciale 22Mantegazza Francesco Pirola Pennuto Zei & Associati Principal 18Mattarolo Marco Italian Chamber of Commerce Invest in Torino, PiemontMauti Gianfranco xCiti Italia Presidente 10Menichella Eldo Pirola Pennuto Zei & Associati Partner 18Michetti Umberto Jolly Hotel London General Manager 10Milani Gallieni Rosalind RMG Public Relations & Events Managing Director 19Mioccio Vincenzo E-MID Direttore Generale 9Missaglia Carlo Stahlbau Pichler Director 12Moccagatta Francesco Close Brothers Corporate Finance Director 19Molinari Giovanni Gustar Divino Ltd Director 5Molinari Loredana Gustar Divino Ltd Director 5Moretti Mauro Hutton Collins Private Equity Investment Manager 18Morris Colin Morris Associati Managing Director 5Nardi Alessio Guardia di Finanza Attache’ at the Italian Embassy London 18Nascosti Nicola ANCI Consigliere 4Niada Marco Finsbury Senior Advisor 8Omiccioli Luigi Italian Clinic Managing DirectorOneglia Fabio Pirola Pennuto Zei & Associati Partner 18Ososami Rotimi Financial Services Authority Supervisor 20Pacelli Ferdinando The Sloane Square Hotel Sales and Marketing ManagerPalmer Roderick Hill Dickinson LLP Partner 5Palmitessa Riccardo Snamprogetti Finance Manager 10Pandolfo Nicole Italian Chamber of Commerce Assistant Trade AnalystPaoletti Giuseppe Italian Chamber of Commerce Trade Fairs PromotionPapadimitriou Angelos GlaxoSmith Kline SpA Chairman Managing Director 15Papalini Davide Italian Chamber of Commerce Assistant Trade AnalystPaschina Tony Alitalia Account ManagerPasquini Simone Legal Marketing Srl Marketing DirectorPelham Charles European Credit Management Limited Head of Client Development 20Penna Luigi Banco Popolare Sc General Manager, London Branch 20Perli Giorgia CBA Studio Legale e Tributario AvvocatoPerotto Anthony NCTM Resident Partner, London 3Pesce Oliviero Commissario Straordinario di Società per la

Gestione del Risparmio 14Pessina Stefano Alliance Boots Executive Chairman 14Petrini Francesco Italian Chamber of Commerce Assistant to Conference OrganiserPini Domenic Pini Franco LLP Partner 19Piras Annalisa L’Espresso UK Correspondent 1Pollara Roberto UniCredit Group London Chief Manager 23Pons Vicente Exotix UK Managing Director 3Potorti’ Stefano Sagitter 1 Managing Director 1Potsios Gian Paolo Arch Financial Products LLP Senior Partner - Sales and DistributionPravettoni Alberto LCH Clearnet Group Ltd Managing Director 19Principalli Maria Cristina Master Programme StudentPuri Purini Nur intesa Sanpaolo Energy & Commodities Specialist 10Quadrani Ettore SIT SpA Presidente 16Raimondi Margherita Master Programme StudentRedi Francesco Redi & Partners Ltd Managing Director 4Redi Jacopo Redi & Partners Managing Director and PartnerReyes Susana Morgan & Morgan Managing PartnerRiccardi Riccardo Banca della Nuova Terra SpA Presidente 4Ricci Silvio Banca Monte dei Paschi di Siena Customer Desk 21Rinaldi Rodolfo COFIB SpA Presidente 16Rinaldi Isabella 16Romestan Yves Director of Group CommunicationsRosen Stephen Collyer Bristow Partner 4Ross Sidney Celia Italian Chamber of Commerce Conference OrganiserRouse Duncan Banca Monte dei Paschi di Siena Deputy General Manager,

London Branch 21Ruffati Lorenzo Banca IMI SpA Head of FIS Desk, Milano 11Ruscetta Elio Master Programme Student

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MEMBERS & GUESTS

Surname Name Company Area of Activity and/or Title TableSabbion Andrea Studio Legale Sabbion Managing Partner 2Sacconi Maria Alitalia Country Manager UK 10Salierno Alessandro Master Programme StudentSallustio Riccardo Bonelli Erede Pappalardo Resident Partner, London 3Salon Umberto Snaidero UK Managing Director 23Salvaterra Carlo Unipol Assicurazioni Assistente dell’Amministratore Delegato

della Unipol Assicurazioni SpA 18Salvatori Carlo Unipol Assicurazioni Amministratore Delegato 15Sanfelice di Monteforte Giovanni Barabino & Partners Managing Director UK 24Santarelli Antonio Merrill Lynch Financial Advisor 24Sassoon Farah Trust Reservations Ltd Managing Director 4Satta Pier Mario UniCredit Group Head of Group Treasury 23Scandale Ettore Avvocato 8Scharf Peter UniCredit Group Corporate Banker 22Schlesinger Federico Banca IMI SpA Executive Head of Sales, Milano 11Scott Duncan Speechly Bircham LLP Solicitor 2Selva Paolo Boggi (UK) Ltd Managing Director 19Sexton Marian intesa Sanpaolo Relationship Manager -

Corporate Banking 11Simonelli Santi Leonardo Italian Chamber of Commerce President 15Sironi Daniele Merrill Lynch Financial Advisor 5Solares Pedro Banco Mercantil European Representative 21Soulsby Peter Banco Popolare Sc Manager Credit Department

London Branch 7Spagnoli Paolo Finanziaria della Regione Toscana Consigliere 4Spira Chirs Luxury Consultant 8Stein Bruno Master Programme StudentStovin-Bradford Richard Financial Times Lex Column 14Talamonti Marco ENI UK Ltd Finance Manager 10Tanda Ugo Tanda Migliorini & Associati LLP Partner 7Tantalo Pier Maria NCTM Partner 19Tardelli Marco Ireland National Foodball Team Assistant Coach 21Teodorani-Fabbri Eduardo CNH Global NV Senior Vice President 9The Hon. The Rocco Forte Collection ChairmanSir Rocco Forte 14The Lord Stevensof Ludgate 8The Worshipful TheMayor of SouthwarkCouncillor Jeff Hook 16Tinari Lucia Master Programme StudentTitov Pavel Solvub Group Owner 3Tomada Fabrizio GSE Gestore Servizi Elettrici Direttore, Relazioni Istituzionali e

Comunicazione 24Tosato Massimo Schroders Vice Chairman 9Trevisi Andrea London Business School Graduate StudentTubb Richard UniCredit Group London Head of Treasury 23Vaiani Stefano UniCredit Group Ireland Managing Director 23Valmori Alberto Valmori Consulting LLP International Tax Consultant 1Vanni D'Archirafi Uberto Italian Consulate General London Console Generale 21Vego Scocco Federico Italian Chamber of Commerce Assistant Trade AnalystVignoli Enrico Banca Monte dei Paschi di Siena General Manager, London Branch 21Vinacci Giancarlo MedioFIMAA Amministratore Delegato 18Visco Ignazio Banca d'Italia Deputy Director General 15Walker Barry Italian Chamber of Commerce Adviser to the President 5Walker Sarah Bird & Bird LLP Partner 12Weston Caspar WestLB Executive Director 7Wildman Nicola Financial Services Authority Associate 20Winn Christopher Withers LLP Solictor 24Wright Jason Kroll Senior Director, Consulting Services 1Zatta Richard Banca IMI SpA Managing Director 11Zucconi Liza Rochman Landau Solicitor

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THE ITALIAN CHAMBER OF COMMERCEAND INDUSTRY FOR THE U.K.

History

The Italian Chamber of Commerce and Industry for the UK is a company limited byguarantee devoted to promoting and extending business relations between the UnitedKingdom and Italy. Established in 1886, it is one of the oldest of the 73 Italian Chambersof Commerce abroad and was formally acknowledged by the Italian Government inaccordance with Italian Law N. 518/70.

Services

We offer a wide range of standard and personalised services to members and non-members who are interested in trading goods or services between the two countries.Through our internal resources and our network of business and institutional partners,we provide our clients with the service or advice needed to expand their business.

Quarterly Magazine

Together with the London offices of the Italian Trade Commission and the Italian StateTourist Board and with the support and patronage of the Italian Embassy, we produce“Italy-UK Partnership”, a quarterly magazine covering cross border activities betweenItaly and the UK in relation to trade, investment, tourism and events.

Membership

Membership of the Chamber grants access to a number of free and special rate servicesand to exclusive activities and events. It is open to all companies and individuals in theUnited Kingdom and Italy. Supporting status entitles members to further discounts onservices, while Benefactors are also involved to a greater extent in the life andmanagement of the Chamber.

Master in Hospitality and Hotel Management

The Chamber’s Master in Hospitality and Hotel Management programme is now in itsfifth edition. The course lasts 4 – 7 months and involves intense training in tourismmarketing and communication, food & beverage sales, events management, leadershipand hospitality law. The programme also provides excellent internship opportunities withmajor international hotel chains and restaurants in London.

Annual fees:Non-Corporate Ordinary Member £ 75 + VATCorporate Ordinary Member £ 110 + VATSupporting Member £ 300 + VATBenefactor Member £ 600 + VATOne-Off Registration Fee £ 100 + VAT

To request a membership pack, kindly contact our offices via email [email protected].

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THE ITALIAN CHAMBER OF COMMERCE AND INDUSTRY FOR THE U.K.

ORGANISATION CHART

President: Leonardo Simonelli Santi

HEAD OFFICESecretary General Helen GirgentiDeputy Secretary General Christian FiancoAdviser to the President Barry A WalkerAccounts Giuseppe D’Emilio Commercial Manager Melody DadonCommercial Department Assistant Luigi G J FontanaConferences Sidney Celia RossInvest in Torino, Piedmont Marco MattaroloMaster in Hospitality & Hotel Management Stefano LigiTrade Fairs Promotion Giuseppe PaolettiTrade Fairs Promotion Eva LamorgeseTrade Fairs Promotion Alessandro Giacalone

1 Princes Street, London WlB 2AYTel: + 44 (0) 20 7495 8191 Fax: + 44 (0) 20 7495 8194

email: [email protected]

REGIONAL OFFICES

Edinburgh Immacolata Scirpolic/o Consolato Generale d’Italia32 Melville StreetEdinburgh EH3 7HATel/Fax: 00 44 (0) 131 225 [email protected]

Glasgow Martina Missiatoc/o Franchi Finnieston 24 St Enoch SquareGlasgow G1 4DBTel: +44 (0) 141 221 [email protected]

Manchester Stefania Coralloc/o Consolato d’Italia9th Floor111 PiccadillyManchester M1 2HYTel: + 44 (0) 161 244 5367Fax. + 44 (0) 161 235 [email protected]

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FORTHCOMING EVENTS

29 October – 2 November 2009

“A Bit of Tuscany” Italian market located in the Victorian atmosphere of theMerchant Square, Candleriggs, Glasgow. The theme is Tuscany: an exhibition ofthe finest products of the region, ranging from food and drink to handicraft items.

3 November 2009

Zia Teresa Golden Anniversary Celebration Dinner

The famous “Zia Teresa” restaurant located close to Harrods will be hosting thepress and selected members of the Italian community for a 50th AnniversaryDinner.

By invitation only

18 November 2009

Belluzzo & Associati Workshop 2009UK - Italy Cross Border Tax & Legal Update

The workshop will analyse the tax strategies for non-domiciles in the new regimeand present an Italian and UK update on tax issues illustrating the impact and theconsequences in the UK for Resident Non Domiciled taxpayers. There will also bean interesting overview on the recent Tax Amnesty in Italy.

By invitation only

Venue: The Italian Cultural Institute, 39 Belgrave Square, London SW1

26 November 2009

Exclusive Christmas Shopping Experience at Boggi Milano, 49 Jermyn Street, London SW1

11 – 14 March 2010

La Dolce Vita is a unique event all about Made in Italy, organised by Brand Eventsin collaboration with The Italian Chamber of Commerce and Industry for the UK.

A wide assortment of the best of the “Bel Paese” will be at this Italian Festival inLondon being held for the first time at Islington Business Design Centre in London.

Please contact the Chamber for more information and to reserve your place:[email protected]

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The Italian Chamber of Commerce and Industry for the UK would like to inviteyou to join us at “La Dolce Vita 2010” from 11-14 March 2010 at

the Business Design Centre, London

www.ladolcevitaevent.co.ukFor more information call 020 7471 1093 or email [email protected]

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Printed by Perivan Financial Print 216010

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