| |||
|
President of Tata Inc with BABC Members
Highly regarded transatlantic business leaders gathered on February 27 to discuss key issues surrounding "Doing Business with India". The BABC, in partnership with KPMG LLP, La Salle Bank, and Duane Morris LLP, hosted a successful and informative event to help those looking for business opportunities in India. Bharat Wakhlu, President of Tata Inc, said during his presentation that Indian multinationals are cultivating an increasing appetite for foreign entities and it is a trend that started in 2000. "Indian companies have acquired over 250 companies between January 2000 and December 2006," Wakhlu noted. Wakhlu has been with the Tata Group for over 27 years. He spent 23 years in India with various companies of the Tata Group, before moving to the US in 2003 where he now heads Tata Inc. "The buyout of Tetly Tea, a UK based company seven years ago set the trend of larger, complex acquisitions," said Wakhlu. Wakhlu further elaborated on the various challenges that Indian multinationals need to take into account as part of their pre-acquisition groundwork, such as studying the market, focusing on sustainable value creation and a precise integration plan. Cephalon and Citizens Bank/RBS to Receive 2007 BABC Awards
The BABC is pleased to announce that Frank R. Baldino Jr, CEO of Cephalon, Edward Ryan, Director & Executive Vice President of Citizens Bank, and Graham Broyd, Vice Chairman – North American Services, Royal Bank of Scotland (RBS) will accept the 2007 "Building a Better Future" Awards. Since 1998, this award recognizes outstanding leaders within the transatlantic business community. Previous winners include Jean- Pierre Garnier, CEO of GlaxoSmith Kline, Keith Wheatstone, COO of Severn Trent Laboratories, Inc., Leonard Graziano, President and CEO of Severn Trent Services, John Kyees, CFO of Urban Outfitters. The awards will be presented at a luncheon on Wednesday, October 3, 2007 at the Hyatt Penn's Landing in Philadelphia. To find out more about one of BABC's most prestigious annual events, please contact the BABC at 215-790-3627 or Ricardo@greaterphilachamber.com. June 14: Evening Reception with Sir Alan CollinsOn Thursday, June 14, the BABC will host a cocktail reception with Her Majesty's Consul General and Director-General of UK Trade & Investment, Sir Alan Stanley Collins, KCVO CMG, at the Racquet Club in Philadelphia. On January 2007, Sir Alan took his post in New York following four years as the British High Commissioner in Singapore, where he played a leading part in securing London's bid for the 2012 Olympics. As Consul General, Sir Alan represents the UK in the consular region that includes New York, Pennsylvania, New Jersey and Fairfield County, Connecticut. He works with Deputy Consul General, Jon Benjamin, to oversee consulate staff that provides consular services to British citizens and those wishing to visit the UK for business, study or pleasure. The Consulate also works to sustain the long-standing relationship between the UK and the US. Sir Alan also takes on the role of Director-General United Kingdom Trade and Investment, US, and will be heading the UKTI's largest and most successful overseas operation. UK Trade & Investment is the UK Government's international business development agency, supporting businesses seeking to establish in the UK and helping UK companies grow internationally. The services offered by UK Trade & Investment bring together a network of business sector specialists and support teams in British embassies and Foreign and Commonwealth Office (FCO) posts all around the world, as well as key experts in government departments across the UK. Together with UKTI's US Director, Gordon Innes, Sir Alan has responsibility for marketing British business strengths in the US market, helping UK-based businesses achieve the full potential benefits of US opportunities; and harnessing the best knowledge and skills for the UK economy. To register for this event click here. For more information, please contact the BABC at 215-790-3627 or Ricardo@greaterphilachamber.com. Club Member Profile: HSBC
HSBC Bank USA, N.A., known globally as "The World's Local Bank", is also the greater Philadelphia region's global bank. A team of experienced corporate banking relationship managers located in Center City Philadelphia is eager provide you and your company entrée to HSBC's vast world of financial services. Headquartered in London, HSBC is one of the largest banking and financial services organizations in the world with an international network comprised of approximately 9,500 offices in 82 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services including personal financial services, consumer finance, commercial banking, private banking, and corporate investment banking and markets. HSBC North America Holdings Inc., the holding company for all of HSBC's U.S. and Canadian businesses, including the former Household International businesses, is one of the top 10 financial services organizations in the U.S. with assets approaching $300 billion. The company's businesses serve more than 60 million customers. Financial products and services are offered under the HSBC, HFC and Beneficial brands. For an appointment with a global corporate relationship manger, please call BABC Board Member and HSBC Regional Manager Thomas Golabek, SVP at (215) 563-3172. Additional information on HSBC can be obtained by visiting www.hsbcnorthamerica.com. Neil Boyden Tanner: 40 under 40
The BABC congratulates our President-elect, Neil Boyden Tanner; one of the winners of the 17th annual 40 under 40 awards. Below is the interview taken from the Philadelphia Business Journal. Below is the interview taken from the Philadelphia Business Journal. Age: 35 Title: Associate General Counsel, International Company: Aramark Corp. Type of company: Professional services – providing food, hospitality, facility management services and uniform and work apparel. Birthplace: Philadelphia Residence: Wyncote Education: College of William and Mary, Williamsburg, Va., BA in International relations (1993); University of Pennsylvania, Master of Governmental Administration (1995); University of Pittsburg, JD, International Business and Advanced Graduate Certificate in East Asian studies (1997). Attended Temple University Japan, School of Law (spring 1996); University of the Aegean, Rhodes, Grece, certificate in International Maritime Law (summer 1995); Shoin University, Kobe, Japan, certificate in Japanese studies (fall 1991). What helped you achieve early success? Being confident enough to take initiative and being in an environment (Pepper Hamilton) that supported and encouraged that initiative. What has been the biggest turning point/defining moment in your career? Accepting my position with Aramark shortly before we took the company private. Aramark is one of the greatest Philadelphia success stories, and the opportunities here were incredible even before I became one of the management owners of this multibillion-dollar company with around 240,000 employees. How do you motivate colleagues? With humor, good spirits and even manner – even when nothing is going our way. What do you consider the characteristics of a good leader? Focus, drive, integrity and diplomacy. What's your biggest professional accomplishment? Surviving the year in which I was named the U.S. delegate to the International Association of Young Lawyers, a member of the International Committee for BIO, co-chair of the International Committee of the Mid-Atlantic Venture Conference, secretary of the Japan America Society and President-elect of the British American Business Council. What's your biggest disappointment? Having to disappoint my mentors, colleagues, clients and friends at Pepper by announcing I was leaving private practice to accept my incredible opportunity at Aramark. What are your reasons for choosing your field? I liked the idea of resolving conflict and finding common ground. Define your workplace philosophy: To help the team achieve its business goals by providing a clear and complete risk/benefit analysis, and advising on the best way to reach those goals within the confines of law and culture. Describe your business strategy: Those who can provide the best service with the most integrity will always win in the end. How are you involved in your community? I am one of my town's local elected Republican committeemen, worked pro bono and volunteered time with the Taller Puertorriqueno in North Philadelphia. I have served as co-chair of the japan America Society Cheery Blossom festival gala, which raises money to replace the Japanese cherry trees throught Philadelphia that were donated 100 years ago by the government of Japan. I am President-elect of the British American Business Council and recently accepted a position to the US Airways Foundation. What is your role in the region? I view my role in the region as making sure that Philadelphia stays on the world map while keeping Philadelphia aware of the world outside of Philadelphia. How do you ensure that you continue to grow? By always seeking new opportunities to connect our region with international governments, cultures and people. What's the one thing you'd do over if you could? I have no regrets. What's the best advice you've received? The best advice I ever received wasn't words but examples – my mother always strives for perfection, my father always strives for harmony and my grandfather never saw limits. I think we all learn more from actions than words. What's the worst advice you've received? To keep my head down, keep quiet and stay under the radar. Your advice to the next generation? Never be intimated when you're the youngest person in the room - the substance of an idea has nothing to do with the age of the speaker. Prefered type of music: All types – classical, opera, jazz, rock, pop, house, techno, even Celtic. Favorite movies: Any James Bond movie, "Braveheart", "Breakfast at Tiffany's", "History of the World – Part 1", and "Stealing Home". How do you unwind? Wrestling with my sons, playing piano. Must-watch TV show: "The Office" Favorite motto: "I don't want a lawyer to tell me what I cannot do. I hire him to tell me how to do what I want to do." – J.P. Morgan. What kind of car do you drive? Saab 9-3 Aero. Transferring Staff to the US?If you are transferring staff to the United States from anywhere in the world, the BABC J1 Visa Program may well offer you a very expedient, easy and cost-effective solution. The BABC is authorized by the United States Department of State to issue to qualified business trainees the Certificate of Eligibility necessary to apply for an Exchange Visitor (J-1) Visa. To learn more about this program, please click here. For more information, please contact Ricardo Maldonado at 215-790-3627 or Ricardo@greaterphilachamber.com. Meet the New BABC MembersPlease join us in welcoming the following new members who have joined the BABC in the past couple months. AIGChristopher W Harris 1700 Market Street Balance InnovationsMichael Smith 2216 B Naudain St Conrad O'Brien Gellman & RohnKevin D Kent 1515 Market Street Continental AirlinesGiovanna Cilia-Wheatley 102 L Beverly Hill Terrace Korn/Ferry InternationalChristopher Redding 1835 Market Street Sterling StairliftsMark Blomfield PO Box 10 How does Britain elect its Parliament?General elections are held after Parliament has been 'dissolved', either by a royal proclamation or because the maximum term between elections – five years – has expired. The decision on when to hold general election is made by the Prime Minister. For electoral purposes Britain is divided into constituencies, each of which returns one MP to the House of Commons. MP's are elected by the relative majority method – sometimes called the 'first past the post' principle – which means the candidate with more votes than any other is elected. In elections to the Scottish Parliament, the National Assembly for Wales and the European Parliament in 1999, forms of proportional representation (PR) were used for the first time in Great Britain. Proportional representation was also used in the 1998 elections for the Northern Ireland Assembly. Northern Ireland has used a version of PR in European Parliament elections since 1979. All British citizens together with citizens of other Commonwealth countries and citizens of the Iris Republic resident in Britain may vote, provided they are aged 18 years or over and not legally barred from voting. People not entitled to vote include those serving prison sentences, peers and peeresses who are members of the House of Lords, and those kept in hospital under mental health legislation. Voting is by secret ballot. At a general election, the elector selects just one candidate on the ballot paper and marks an 'X' by the candidate?s name. Voting in elections is voluntary. In the June 2001 general elections 59.4 per cent of the electorate voted compared with 72 percent in 1997. Any person aged 21 or over who is a British citizen or citizen of another Commonwealth country or the Irish Republic may stand for election to Parliament, provided they are not disqualified. People disqualified include those who are bankrupt, those sentenced to more that one year's imprisonment, members of the clergy, members of the House of Lords, and a range of public servants and officials. Approved candidates are usually selected by their political party organization in the constituency which they represent, although candidates do not have to have party backing. The leader of the political party which wind more seats (although not necessarily most votes) at a general election, or who has the support of a majority of members in the House of Commons, is by convention invited by the Sovereign to form the new government. |
||
©2006 Greater Philadelphia Chamber of Commerce. All rights reserved.
Unsubscribe here
Subscribe here