A Conversation with Mr Timothy Geithner
A Conversation with Mr Timothy F. Geithner
President of Warburg Pincus
“Lessons from the Financial Crisis”
Moderated by Sir Howard Davies
Chairman of Royal Bank of Scotland and Council Member of ABFER
Updated on 12 April 2018.
Speakers (in chronological order)
Professor Tan Chorh Chuan
Inaugural Chief Health Scientist and Executive Director of Office for Healthcare Transformation in Singapore’s Ministry of Health
Professor Tan Chorh Chuan was appointed as the inaugural Chief Health Scientist and concurrently, Executive Director of the new Office for Healthcare Transformation in Singapore’s Ministry of Health with effect from 1 January 2018.
Prof Tan’s concurrent appointments include the Chairman of the Board of the National University Health System; member, Board of Directors of the Monetary Authority of Singapore; and member, Board of Directors of Mandai Park Development.
Prof Tan served as President of the National University of Singapore from 2008 to 2017. He held the positions of NUS Provost, then Senior Deputy President from 2004 to 2008. He was former Dean of the NUS Faculty of Medicine and served as the Director of Medical Services, Ministry of Health, from 2000 to 2004, in which capacity he was responsible for leading the public health response to the 2003 SARS epidemic. As the inaugural Chief Executive of the National University Health System in 2008, he brought the NUS Medical and Dental Schools and the National University Hospital under single governance.
Prof Tan is a key leader in Singapore's Biomedical Sciences Initiative since its inception in 2000, for which he was awarded the National Science and Technology Medal in 2008. He also received the Public Service Star in 2003 for outstanding contributions to overcoming SARS in Singapore; the Public Administration Gold Medal in 2004 for his work as Director of Medical Services in the Ministry of Health; and the Meritorious Service Medal in 2015. Other awards include the Dr. John Yu Medal from the George Institute for Global Health, Australia; the Albert Schweitzer Gold Medal from the Polish Academy of Medicine; Honorary Doctor of Medicine from King's College; Honorary Doctor of Science from Duke University; Honorary Doctor of Science from Loughborough University; Achievement Medal from the Singapore Society of Nephrology and the 1996 Singapore Youth Award. Prof Tan is the first Singaporean to be elected as an international member of the US National Academy of Medicine.
A renal physician, he obtained his medical training at NUS, and research training at the Institute of Molecular Medicine, Oxford.
Mr Timothy F. Geithner
President, Pincus Warburg
Timothy F. Geithner is currently President of Warburg Pincus, a global private equity firm. Mr. Geithner was the 75th Secretary of the Treasury for the first term of President Barack Obama’s administration. Between 2003 and 2009, Mr. Geithner served as President and Chief Executive Officer of the Federal Reserve Bank of New York. He first joined the Treasury Department as a civil servant in 1988 and held a number of positions in three administrations, including Undersecretary for International Affairs under Secretaries Robert Rubin and Lawrence Summers.
Mr. Geithner is Chair of the Program on Financial Stability at the Yale University School of Management, where he is also a visiting lecturer. He is Chairman of the Board of Overseers of the International Rescue Committee. He serves on the Board of Directors of the Council on Foreign Relations. He is a member of the Group of Thirty. He is the author of STRESS TEST: Reflections on Financial Crises.
Mr. Geithner holds a B.A. in government and Asian studies from Dartmouth College and an M.A. in international economics and East Asian studies from Johns Hopkins School of Advanced International Studies.
Sir Howard Davies
Chairman of the Royal Bank of Scotland
Sir Howard Davies was appointed Chairman of the Royal Bank of Scotland on 1 September 2015. Previously, Howard was Chairman of the Phoenix Group between October 2012 and August 2015. He chaired the UK Airports Commission from 2012-15 and was the Director of the London School of Economics and Political Science from 2003 until May 2011. Prior to thatappointment Howard chaired the UK Financial Services Authority then the single regulator for the UK financial services sector, from 1997 to 2003.
Howard was the Deputy Governor of the Bank of England from 1995-97, after three years as the Director General of the Confederation of British Industry. Earlier in his career he worked in the Foreign and Commonwealth Office, including two years as Private Secretary to the British Ambassador in Paris, the Treasury, McKinsey and Co, and as Controller of the Audit Commission.
Howard has been a Professor of Practice at the French School of Political Science in Paris (Sciences Po) since 2011. He teaches courses in finance regulation and central banking to master’s students.
Howard also chairs the Risk Committee at Prudential plc, whose board he joined in 2010. He is a member of the Regulatory and Compliance Advisory Board of Millennium Management LLC, a New York-based hedge fund. He has been a member of the International Advisory Council of the China Banking Regulatory Commission since 2003 and in 2012, was appointed Chairman of the International Advisory Council of the China Securities Regulatory Commission. Previously Howard was an independent Director of Morgan Stanley Inc. for 11 years, from 2004 to 2015 and earlier in his career was a Non-Executive Director of GKN plc from 1989-95.
He was a Trustee of the Tate Gallery from 2002-2010 and Chair from 2009-10. He was a director of the Royal National Theatre from 2011 to 2015, when he left to chair the London Library. He is also the patron of Working Families, a charity which promotes family-friendly working practices.
Howard has published five books focused on the financial markets and regularly writes for The Financial Times, Times Higher Education, Project Syndicate and Management Today.
He was educated at Manchester Grammar School, Merton College, Oxford and Stanford Graduate School of Business.