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Tomorrow’s Value Lecture ‘Health, Business & Society’

8th November 2011 @ 8:00 am - 5:00 pm

Venue: Mansion House, Walbrook, London, EC4N 8LB

The Tomorrow’s Value lecture series invites some of the most senior figures from the global business world to explore what we mean by value – how it is created, how it can be measured, and what the drivers of value creation are. These issues are set out in depth in our briefing paper.

Beyond that, we are asking business leaders how they link creating business value with values. Are businesses simply about improving the bottom line or must they contribute to the wellbeing of the wider community? Was the cult of shareholder value responsible for some corporate excesses and what might replace it?

We would like to welcome you to the next lecture in the series to be given by David Brennan, Chief Executive of AstraZeneca.

David will be exploring the relationship between health, business and society, now and in the future.  He will set out the critical importance of building trust so industry, working with others involved in health, can play a full role developing solutions to prevent, control and treat disease more effectively. Relationships founded on integrity are essential to doing business. They also underpin the collaboration that will be required to address the challenge of improving the world’s health.  Innovation too needs to be on the agenda as an industry that has traditionally prided itself on its innovation around medicines looks at new ways to improve access to healthcare for more of the world’s population. AstraZeneca powerfully and practically demonstrates how strong values and value creation go hand in hand to achieve business success and individual and social health.

We are delighted that Imoni Akpofure of the International Finance Corporation,Lady Susan Rice of Lloyds Banking Group Scotland,  Herman Mulder who is on the advisory board of TEEB (The Economics of Ecosystems and Biodiversity) and the board of The Global Reporting Initiative and Tomorrow’s Company, are all able to join us on our business panel for the Q&A session with the audience.

Imoni, based in Paris, is the International Finance Corporation’s (IFC) Special Representative for Western Europe. In this role she manages relationships with European shareholders, donors and other partners. She is also responsible for coordinating IFC’s business development efforts with European companies working in emerging markets. She has previously worked in a number of senior roles within the IFC, with a notable focus on strategy and business in Africa, environmental & social issues, as well as manufacturing and services and infrastructure sectors.

Susan is the Managing Director of Lloyds Banking Group Scotland and she chairs the Remuneration Committee of Scottish and Southern Energy, as well as chairing the Audit Committee of the Bank of England. Prior to this she was a dean at Yale and Colgate Universities in America and, as Chairman and Chief Executive of Lloyds TSB Scotland, was the first woman ever to head a UK clearing bank. A frequent and highly respected speaker on the future of financial services, leadership and corporate responsibility, Susan sits, inter alia, on Scotland’s Futures Forum, Scotland’s 2020 Climate Change Leadership Group, the Business Advisory Forum of Oxford University’s Said Business School and she is a non-executive director of Big Society Capital plc.

Herman is on the advisory board of ‘The Economics of Ecosystems and Biodiversity’ study and is on the board of NL-NCP (National Contact Point), The Global Reporting Initiative and Tomorrow’s Company. He also brings 27 years of banking experience having left ABN AMRO Bank in July 2006. During this time he held a number of leading positions, including Global Head of Structured Finance, Senior Executive Vice President, Head of Group Risk Management, and Co-chairman of the Group Risk Committee. From 1998 he led the ABN AMRO global initiatives in Sustainable Development, in which the bank won the WEC Gold Medal in 2006 and the FT/IFC Sustainable Bank of the Year in 2007. He was also the founder and inaugural chairman of the ABN AMRO Group Foundation. As well as this he initiated the ground-breaking voluntary financial sector-initiative ‘the Equator Principles’. This has since been adopted by more than fifty major financial institutions. Herman plays important advisory roles within a number of organisations and is also a highly respected author and speaker. He is a Knight in the Royal Order of Oranje-Nassau and in July 2007 was named among the top 100 most influential people in global finance.

We greatly look forward to returning to Mansion House, where the first Tomorrow’s Value Lecture was given by Stephen Green, Group Chairman, HSBC Holdings plc which secured excellent media coverage, including the front page of the Telegraph business section. Subsequent lectures have been given by Anant Nadkarni, Tata;Pavan Sukhdev, Head of Green Economy Initiative, UNEP; Professor Michael Mainelli, Professor of Commerce at Gresham College and Founder Director of the Z/Yen Group; Paul Walsh, CEO, Diageo; and Joe Garner, Head of UK Retail and Deputy CEO, HSBC Bank plc.

Tomorrow’s Company and CIMA believe that the relationship between value and values is fundamentally changing: that sustainable value creation must now recognise ‘the triple context’ combining economic drivers with social and environmental imperatives. CIMA’s qualification upholds the highest ethical standards for members throughout their careers.

We are delighted that this event is being organised in association with ‘Restoring Trust in the City – a Lord Mayor’s Initiative’. Richard Sermon describes the Initiative in this speech at our recent Good Governance Conference which you can download here.


8th November 2011
8:00 am - 5:00 pm