Overview of 2008 Annual Conference

Each year IATA Industry Cash Management Services holds an Annual General Meeting and Conference. This is a unique, industry-specific event attended primarily by senior airline treasury officers (treasurers and cash managers) who are the decision-makers and influencers within the airlines' treasury units.

2008 Participants

We would like to thank the participants, speakers and exhibitors for contributing to the success of this year's conference. There were record numbers of participants from a wide range of airlines and geographical locations.

Keynote Address:

We had the great honour of IATA's Director General, Mr. Giovanni Bisignani, opening the conference with his keynote address.

Conference Topics:

• IATA Card Services
  • Consolidating and simplifying card payment (pdf)
    Mr. Graeme Lloyd, Accelya UK and
  • IATA Card Services and Euroline (pdf)
    Mr. Lars Goran Bergvind, Euroline/SEB
  • Card Payment Perspective for Airlines (pdf)
    Mr. Pascal Burg, Edgar Dunn & Company
• ICCS Info Session (pdf)
  Mr. Tony Pietrangelo, Assistant Director, Industry Cash Management Services and Ms. Lise Gagnon, Assistant Director, ICCS Financial Services and TASF
• The Benefits of E-trading for Airlines: a case study of Lufthansa AG and 360T (pdf)
  Mr. Roland Kern, Head of Treasury, Lufthansa and Mr. Carlo Koelzer, 360T 
• Financial Risk Management at KLM: in light of our turbulent times (pdf)
  Mr. Vijay Panday, Senior Manager Global Treasury, KLM
• Best Practices in FX Risk Management (pdf)
  Mr. Sebastian di Paola, PricewaterhouseCoopers
• Banking Relationships in Transition: the impact of the liquidity crisis, SEPA, SWIFT and other factors (pdf)
  Mr. Robert Statius-Muller, Greenwich Associates

Other topics included:

• Industry Financial Services Report 
  Mr. Ayaz Hussain, Director IFS, IATA
• ICCS Annual Review and Future Developments 
  Mr. Tony Pietrangelo, Assistant Director, Industry Cash Management Services (presentation available upon request)
• The Global Economy: Recovery - When? 
  Mr. Stephen Leach, Citibank
• SEPA Update 
  Ms. Ruth Wandhöfer, Citibank
• Fasten Your Seatbelts for a Trip to the Future in Global Cash Management 
  Ms. Gevher Yel, Treasury Manager, Turkish Airlines and Mr. Baris Tezcan, Citibank

The IATA Currency Coordination Working Group

The IATA Currency Coordination Working Group (ICWG) Meeting, chaired by Mr. Vijay Panday of KLM, covered the following topics:

• ICWG and Task Forces
• RFB review and Lobbying activities
• Country specific issues and update: Algeria, Ethiopia, Iran, Libya,
  Nigeria, Syria, Venezuela
• Future Meetings: April 2009, limited to the 10 ICWG Members

Full minutes of the meeting have been sent to all meeting participants. Copies are available on request.