LIFE Presentation

LEBANESE INTERNATIONAL FINANCE EXECUTIVES “Together we are stronger” Mission Statement LIFE aims to provide a plaPorm to channel the energies and influence of Lebanese finance execu9ves worldwide towards accomplishing 3 stated aims Connect
Nurture
Promote
Establish stronger bonds among Lebanese finance execu:ves worldwide Help the next generation
succeed in the field of
finance
Promote Lebanon and act as a global partner and sponsor to the Lebanese economy and to the Lebanese private and public sectors • 
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Business introduc9ons Execu9ve mentorship Networking Global events Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com • 
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Scholarships Mentoring Internships & Job Career transi9on Academic partnerships • 
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Raise profile of Lebanon Policy sounding board Long-­‐term job crea9on Values of LIFE • 
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SOLIDARITY INTEGRITY PLURALISM TRANSPARENCY COMMITTMENT Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com Benefits of LIFE Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com Cri8cal Success Factors Governance
Full-time
staff
Fund Raising
Cost
Efficiency
Transparency
Management
by objectives
Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com LIFE’s Organisa8onal Chart Advisory Board LIFE Genera9on Charity arm of LIFE Board of Trustees Board of Directors Chief Execu9ve Officer & Management Team Nurture CommiXee Promote CommiXee Connect CommiXee Membership Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com Country CommiXees Board of Directors Naim Abou-­‐Jaoude CEO, CANDRIAM Investors Group, Vice Chairman of New York life Investment Management Interna:onal – London Camille Abousleiman Partner, Dechert LLP, Chairman of the Middle-­‐East and Africa Prac:ce – London Adel Afiouni MD Investment Banking Division, Credit-­‐Suisse – London Wahid Chammas MD & PorNolio Manager, Janus Capital Group – London Ahmad Deek Managing Director, Goldman Sachs & Co. – New York Nagi Hamiyeh Senior MD Investment, Temasek Interna:onal – Singapore Habib Kairouz Managing Partner, Rho Capital Partners – New York Marc Malek (Chairman of the LIFE Board) Founder & PorNolio Manager, Conquest Capital – New York Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com May Nasrallah Founder & CEO, deNovo Corporate Advisors – Dubai Paul Raphael MD, Head of Wealth Management for Global Emerging Markets, UBS – Zurich Raya Raphael Nahas General Manager, Banque Libano-­‐Française – Beirut Kamil M. Salame Partner and U.S. Head of FIG, CVC Capital Partners – New York Ziad Tabet PorNolio Manager, Amakor Capital -­‐ London Spiro Youakim Partner, Global Head of Natural Resources Investment Banking, Lazard – London Anwar Zakkour Global Co-­‐Head of TMT Investment Banking, Bank of America Merril Lynch – New York
Advisory Board Raymond Audi Chairman and Chief Execu:ve Officer of Bank Audi, Audi Saradar Group Thomas J. Barrack, Jr. Chairman, and Chief Execu:ve Officer of Colony Capital, LLC Samir Brikho Chief Execu:ve of AMEC Maroun Edde Chief Execu:ve of Murex Ray Irani Chairman and CEO, Ray Investments, LLC, Former Chairman and CEO, Occidental Petroleum Corpora:on Philippe Jabre Founder and CIO of Jabre Capital Partners S.A Adnan Kassar Chairman of General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries Lord Peter Palumbo Chairman of the Trustees of the Serpen:ne Gallery Fadi Ghandour Founder and Vice Chairman of Aramex, Execu:ve Chairman of Wamda Capital and Managing Partner of MENA Venture Investments Chairman and CEO of Cheniere Energy, Inc. Carlos Ghosn Chairman of Renault, Chief Execu:ve Officer of Renault and President of Renault, Nissan Motor Co. Ltd. Lebanese Interna8onal Finance E xecu8ves www.lifelebanon.com Charif Souki Tony Tamer Co-­‐Founder and Managing Partner of H.I.G. Capital Membership Eligibility and Fees Senior Members • 
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Membership by invita9on or referral Lebanese or of Lebanese descent Interna9onal finance execu9ves based outside Lebanon A minimum of 7 years full-­‐9me experience in finance Serving as “officers” within their organiza9ons Subject to approval by LIFE’s membership commiXee Membership fees are divided by age tranche: •  Premium Membership $5,000 -­‐ $10,000 •  Age 40 + $1000
•  Age 35-­‐40 $500 •  Under 35 $250 Junior Members Professionals having less than 7-­‐years experience in finance but verifying all other condi9ons above can join as “Junior Members” free of charge Finance Execu8ves Lebanese Interna8onal www.lifelebanon.com LIFE’s Financial Principles • 
LIFE’s opera9ng expenses must be fully funded purely through memberships and recurring dona9ons; • 
LIFE's events must be financially “break-­‐even” on a stand-­‐alone basis; • 
Dona9ons targe9ng specific goals such as “Nurture” and “Promote” ini9a9ves will be 100% disbursed towards these goals Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com LIFE Bank Balances 2014 (as at 31th Dec) •  LIFE Ltd Global: £727,496 •  Promote: £169,619 •  LIFE Genera9on Global: £1,206,162 Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com LIFE Ltd Global Financials Life Consolidated Global Accounts 2013 Income Membership fees and dona9ons Corporate dona9ons Promote LFE income Fundraising Gala dinner LIFE Leadership Offsite Member events Interest Other Total Total Global Realised 2012 £ 119,101 250,794 86,436 111,800 50,363 21,636 640,130 Total Global Realised 2013 £ 242,475 187,821 212,569 60,499 14,669 2,011 373 718,362 Expenditure Salaries & wages Opera9onal expenses Promote LFE expenses Fundraising Gala dinner LIFE Leadership Offsite Member events Total 132,832 56,088 10,246 83,261 49,463 16,439 348,329 51,767 20,077 511,751 Surplus/Loss Surplus/Loss without Promote LFE 291,801 231,373 206,611 117,856 Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com 244,913 71,181 123,814 LIFE Donors since incep8on US 25k+ LIFE Ltd Corporate donors 400k+ •  Bank Audi •  Banque Libano-­‐Française 300k+ •  Anonymous •  Fransabank 200k+ •  Bank Med LIFE Ltd individual donors 100k+ •  Anonymous*2 •  Fares Fares •  Paul Raphael •  Rudolph-­‐Riad Younes LIFE Genera8on Corporate donors 100k+ •  ABC •  Bank Med •  Tamari Founda9on 50k+ •  Semaan Founda9on 25k+ •  Dar el Handasah
Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com LIFE Genera8on Individual donors 100k+ •  Ayman Asfari •  Samir Assaf •  Wahid & VioleXe Chammas •  Carl & Céline Faker •  François Kayat •  Hadla Nsouli •  Joseph Oughourlian •  Naguib Onsi Sawiris •  Paul Raphael 50k+ •  Anonymous •  Makram Azar •  Amjad and Suha Bseisu Founda9on •  Ramzi Gedeon •  Salah Hawila •  Philippe Jabre •  Mario Saradar •  Sasha Van de Water 25+ •  Anonymous*2 •  Kamel Alzarka •  Samir Brikho •  Raymond Debbane •  Naïm Abou Jaoude •  Michel Massoud •  Todd Morley LIFE Genera8on Individual donors 25+ •  Anthony and Sandra Tamer •  Spiro and Teresa Youakim Promote Corporate donors 25+ •  BLF •  Bank Audi Promote Individual donors 25+ •  Anonymous •  Naim Abou Jaoude •  Tom Barrack •  Fares Fares •  Fadi Ghandour •  Alexi Habib •  Nader Hariri •  Habib Kairouz •  François Kayat •  Paul Raphael •  Mario Saradar •  Ziad Tabet •  Riad Rudolph Younes •  Anwar Zakkour LIFE Ltd Premium Members for 2014 US$ 10k
Michel Adjadj Kamel Alzarka Najib Canaan Mark Idriss Serge Karaoglan Francois Kayat Ziad Makkawi Mario Saradar Salim Sfeir Spiro Youakim US$ 5K Bernard Abdo Naim A
bou-­‐Jaoude Camille Abousleiman Adel Afiouni Georges Assi Marc Audi Sherine Audi H.E. Raymond Audi Ziad Awad Makram Azar Saad Azhari Samer Azhari Rindala Beydoun Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com Georges Bitar Wahid Chammas Jean-­‐Pierre Daccache Raymond Debbane Ahmad Deek Youssef Dib Georges Dirani Elie El Hayek Hala Fadel Khaled Fathallah Patrick George Nadim Ghantous Lemy Gresh Alexis Habib Dania Haffar Bazzy Nagi Hamiyeh Alexandre Harkous Sobhi Hatem Camille Hayek Carlos Heneine Joe Issa-­‐El-­‐Khoury Habib Kairouz Wissam Kairouz Nadim Kassar Roland Kastoun Tarek Khalife Anna Khazen Iyad Malas Marc Malek Jean-­‐Yves Mallat Nadim Mourad Charbel Nacouzi May Nasrallah Mohamed Ousseimi Paul Raphael Walid Raphael Raya Raphael Nahas Jean Riachi Kamil Salame Fuad Sawaya Marwan Shakarchi Sylvio Sharif Tabet Ziad Tabet Wahbe A. TAMARI Tony Tamer Karim Tannir Sasha Van de Water Bassam Yammine Rudolph-­‐Riad Younes Anwar Zakkour LIFE Achievements in 2014 • 
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Connect
Increased the members globally by 68% Reached 75 Premium Members • 
Monthly events in Dubai, Geneva, Hong Kong, London, New York, Paris and Singapore • 
Opened the Hong Kong chapter •  Awarded 38 scholarships globally Scholarships
Nurture
•  Placed 14 candidates in high-­‐end financial ins9tu9ons thanks to our Internships
Mentorships
Promote
Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com senior members’ network •  Received more than 210 applica9ons for internships through the website
•  Matched mentees with relevant mentors •  Mentored 48 members (28 juniors and 20 seniors) •  Further achievements realised by the LFE ini9a9ve championed by Habib Kairouz and led by Abdallah Jabbour •  Organised the First Global Investors Summit in Beirut with an aXendance of 300 Lebanese investors from Lebanon and abroad LIFE Objec8ves for 2015 •  Increase members’ engagement and peer-­‐to-­‐peer networking •  Open 3 new chapters Connect
•  Increase the number of Friends of LIFE •  Standardise members’ offerings across LIFE’s global chapters •  Create members’ directory to encourage more B2B •  Award 30 scholarships and generate 250 applica9ons Scholarships
•  Establish 5 new academic partnerships Mentorships
•  Grow the execu9ve mentorship programme Nurture
Jobs &
Internships
General
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Add a range of new projects • 
Con9nue to professionalise LIFE by focusing on HR, Governance and Policies Launch the new website and integrated CRM • 
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Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com •  Increase jobs and internships offer Develop and support exis9ng projects Increase the visibility of Promote within LIFE • 
Promote
•  Refine the high schools programme Publish the first Annual Review Launch a LIFE-­‐wide fundraising ini9a9ve LIFE Needs Whilst we have enjoyed solid financial support from a number of ins9tu9onal sponsors and private donors, LIFE is a non-­‐profit organiza9on and therefore relies greatly on: Members
•  Mo9vated members who are commiXed to the common purpose of LIFE LIFE management
volunteers
•  Ac9ve par9cipa9on by Trustees, Directors & CommiXee Donations and
fees
•  Members’ Contribu9ons, Membership fees, Corporate Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com Members Dona9ons LIFE Genera8on -­‐ Introduc8on LIFE Genera9on is the Charity arm of LIFE. • 
LIFE GENERATION LIMITED, was established in the UK– registered charity number 1136612. Other charitable en99es for LIFE are in France, Switzerland and Beirut. We will soon establish one in the US. • 
Currently allocates funds to scholarships • 
Ac9vely involved with Universi9es in Beirut and interna9onally to develop joint programs to source poten9al scholarship candidates (undergraduates and graduates) • 
Provides access to a pool of successful Lebanese finance execu9ves who have offered to mentor & coach all LIFE Genera9on beneficiaries Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com Fundraising LIFE Genera9on is mainly financed by: •  Dona9ons from LIFE UK (The UK-­‐based Associa9on) • 
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Targeted individual major philanthropy Specific events: o  Talks by senior and highly regarded professionals o  Social events o  Fundraisers (e.g. Gala dinner) Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com LIFE Scholarship Program… Objectives
Eligibility
Requirements
Scholarship
format
Final
selection/
Follow-up
Scholarship
Alumni body
Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com •  Support Lebanese students in achieving their career aspira9ons in the interna9onal financial sector •  Ini9al scholarship for university tui9on with ac9ve mentoring and assistance in internships and permanent posi9ons • 
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Lebanese or of Lebanese descent Financial need Achieving and maintaining academic excellence Professional promise -­‐ Demonstrate interest in pursuing a career in Finance •  Scholarships will take the form of grants •  Final selec9on is done by the nurture commiXee •  Follow-­‐up and monitoring by scholarship coordinator •  LIFE’s circle of giving … an elevator into the world of Finance LIFE
Professional
1st job
With the assistance of a mentor, candidates will be advised and guided during
their first full-time job search
Internship
Ad-hoc coaching for scheduled interviews (soft skills
and technical), including CV format/content
Mentorship – career advice
Throughout the years in College/University, close
follow-up by assigned mentor and/or other sector
specialists
Scholarship
Based on financial need, academic excellence (top
20% of class throughout), and professional promise
(to pursue a career in Finance)
Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com LIFE
Scholarship
candidate
Why contribute to LIFE Genera8on 1
100% of the funds go towards the Nurture programmes 2
Full transparency 3
Clear scope 4
Sustained follow-­‐up of recipients 5
Specially targeted funds such as the LIFE scholarship fund for women 6
France, Switzerland and UK dona8ons are tax deduc8ble
Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com LIFE Team Paola Barbarino Chief Execu:ve Officer pbarbarino@lifelebanon.com Frédérique Chemali Membership Coordinator fchemali@lifelebanon.com Zeina Farhat Nurture Coordinator zfarhat@lifelebanon.com Rama Hajjar Regional Manager – Dubai rhajjar@lifelebanon.com Reem Harb PA and Governance Assistant rharb@lifelebanon.com Abdallah Jabbour Managing Director -­‐ LFE ajabbour@lfepartnership.com Lebanese Interna8onal Finance Execu8ves www.lifelebanon.com Lara Koro Educa:on (Nurture) Programme Manager, Beirut lkoro@lifelebanon.com Adla Massoud Regional Manager – USA amassoud@lifelebanon.com Sarah Muir Director of Finance and Opera:ons smuir@lifelebanon.com Marina Ribera Head of Membership mribera@lifelebanon.com Avril Ross Company Secretary aross@lifelebanon.com Carole Wakim Marke:ng and Communica:ons Manager cwakim@lifelebanon.com www.lifelebanon.com