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Connect Fall 2011- Message from the President

Thursday, September 8th, 2011

Dear BABC Members,

The BABC of Greater Philadelphia has been hard at work during the summer months.  By now you should have received the 2011-2012 BABC Annual Membership Directory 20th Anniversary Edition; an electronic invitation to follow the BABC of Greater Philadelphia on LinkedIn; and the 2011 UK Trade & Investment for Growth publication.  If you have not already done so, please friend us on Facebook, connect with us on LinkedIn, and follow the BABC on our social media sites to stay abreast of the latest business trends and issues affecting trade and investment on both sides of the Atlantic, and to learn about upcoming BABC events and programs.

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Introduction: New Consul-General, Danny Lopez

Thursday, September 8th, 2011

Danny Lopez

British Consul-General, New York and Director-General, Trade & Investment USA

Danny was appointed British Consul-General, New York in July 2011 and has responsibility for promoting the UK’s economic, foreign policy and national security priorities.  Danny is on the Board of UK Trade & Investment, the economic development agency for the British Government, and leads its operations across the USA.

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Club Level Feature Article: Aberdeen Asset Management Inc.

Thursday, September 8th, 2011

With risk appetite in the panic zone, policy response is key

Mike Turner, Aberdeen’s Head of Global Strategy & Asset Allocation

The stakes could hardly be higher at the moment.  This is a market being driven by fear as much as hard facts.  The failure of the political and monetary establishments to agree what needs to be done has had a massive impact on market sentiment, and risk appetite has fallen into the panic zone.  But because there is little evidence to justify the swiftness of the sell-off, and because there is still a reasonable chance of a modest acceleration in growth in the second half of the year, we would not be surprised to see the markets stabilise in the next fortnight.

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Upcoming Programs – Please Join Us

Thursday, September 8th, 2011

Wednesday, October 5, 2011

Driving the Bottom Line in a Digital Economy –Trends in Global Business Development

5:00-5:30 p.m.  Registration
5:30-7:00 p.m.  Business Seminar
7:00-8:00 p.m.  Networking

The Pyramid Club, 1735 Market Street, Philadelphia, Pennsylvania 19103

Click here to register: https://www.greaterphilachamber.com/EventReg.aspx?eventID=2825

Please join us for a discussion about the importance of connecting globally, and staying ahead of the curve with respect to the technology being used for e-trade and commerce, digital media and design, and business operations.

The focus of this business roundtable discussion will include:

  • Establishing a strategy and platform to access the global marketplace;
  • Considering key issues when conducting/offering global e-business opportunities;
  • Creating effective communication strategies/messages to reach and interact with partners and customers;
  • Anticipating global structuring and legal issues; and
  • Q&A.

Moderator: Matthew Iacoviello, Global Vice President, Global Customer Operations, SAP

Panelists: John Fisher, Vice President, Ecommerce, ARAMARK Refreshment Services; Graham Hann, Partner, Taylor Wessing; and Lisa Modisette, Senior Vice President Consulting, Amdocs

Partnering with us on this program are the: Chilean, French, German, Irish, Israeli and Swedish Chambers of Commerce.


Wednesday, December 14, 2011

British American Business Council 20th Anniversary/Annual Holiday Luncheon

11:00 a.m. – 2:00 p.m.

The Ritz Carlton, 10 Avenue of the Arts, Philadelphia, Pennsylvania, 19102

Click here to register: https://www.greaterphilachamber.com/EventReg.aspx?eventID=2800

The British American Business Council of Greater Philadelphia thanks you, our members and partners, for a phenomenal 20 years of business prosperity, success, and visibility on both sides of the Atlantic.

Celebrate and recognize the corporations and business leaders who comprise our renowned organization.

Join us for this very special annual event to network, share “Christmas Crackers,” win exciting raffle prizes, and find out just how much you know about British and US trivia!

Keynote Speaker: Chrissie Wellington, British Triathlete and triple World Ironman Champion (2007, 2008 and 2009)

Confirmed Special Guest to date: Danny Lopez, HM Consul-General, New York and Director-General, Trade & Investment USA.

Event Recap – Make Business a Walk in the Park: Spring 2011 International Networking Event and Soccer Game at PPL Park – Home to Philadelphia Union

Thursday, September 8th, 2011

On Wednesday, May 11, 2011, the British American Business Council of Greater Philadelphia and the Philadelphia Union, along with the Chilean, French, German, Irish, Italian and the Japanese Chambers of Commerce hosted the Spring 2011 International Networking Event and Soccer Game at PPL Park.

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Human Interest Feature

Thursday, September 8th, 2011

What’s new and British in the Greater Philadelphia region?
How to dress like a Brit, eat like a Brit, and live like a Brit
.

Contributed by Samantha Hershman, BABC Summer Intern 2011

Can you remember those days when you were a child, and all you wanted to do was pick up and go to a faraway land?  Perhaps this was a mysterious place that was made up of a whole world much different from your own.  Well, the British are here to meet our needs and create a sense of adventure in our very own backyard.  Thanks to all of the new British businesses in the Greater Philadelphia area, you can live a traditional English lifestyle, without having to cross the Atlantic.

If you’re on the hunt for country style clothing to keep you warm this winter, visit Barbour, a fifth generation family owned company, located in Suburban Square Shopping Center in Ardmore.  Originally founded in South Shields in 1894, the Barbour brand will never give up its notability for producing classic wax jackets by hand.  Whether you are searching for a down coat or a simple scarf, Barbour will offer you a chic, English inspired, wardrobe.  To learn more about the Barbour lifestyle, visit http://www.barbour.com/us.

Everyone always wants to follow the latest trends.  With the help of a little British retailer, now you can with no problem.  Stop into Jack Wills, at 1617 Walnut Street, where you will get a real taste of stylish British apparel.  Jack Wills University Outfitters will provide the city with modern British prep fashion, from apparel, to accessories, to homeware, all of which are inspired by English history and culture.  Jack Wills is fairly new to American retail, and hopes to spread their fashion to colleges and universities across the country.  To dignify your preppy side, be sure to check out the fabulously British Jack Wills at http://www.jackwills.com/

If clothes are not what you’re looking for, then perhaps you need some new shoes.  While taking your stroll down Rittenhouse row this fall, do not miss the opening of the infamous Dr. Martens, a British footwear brand with a traditional English flare. Initially providing for factory workers and postmen with the practical and durable British-made boot, Dr. Marten’s boot took on a whole new meaning starting in the 1960s and began to define punk rockers, skinheads, and other rebels.  The Philadelphia location (scheduled to open in November 2011) will offer a new line of apparel and accessories and Dr. Martens is a great brand to rely on. Visit http://www.drmartens.com/ to make your next purchase.

While you’re out shopping for your new authentic British apparel, do not forget to grab a bite to eat at the gastropub, The Dandelion, located at 124 South 18th Street, in Center City Philadelphia.  The Dandelion is a new addition to the renowned Stephen Starr collection of restaurants, which you may have read about in the BABC Spring 2011 Human Interest Feature.  At the Dandelion, you will be transported to England and enjoy the comforts and cuisine of the English countryside.  Grab a friend, have a beer, and enjoy the traditional eats of British born and raised chef, Robert Aikens.  View the menu and make a reservation today http://thedandelionpub.com/.

If you’re up for a short drive, take a quick trip over the Bridge with friends or family to enjoy a British inspired day in the heart of Haddonfield, New Jersey.  Open seven days a week, and serving lunch, dinner, and Sunday brunch, the one year old British Chip Shop will make you feel like you are miles away from America, sitting in the British Isles.  With traditional eats such as authentic fish and chips, stews, and pastries, the Coleman family offers all of your seasonal favorites.  Visit http://www.thebritishchipshop.com located at 146 Kings Highway East to check out a delicious menu and British enthused specials and events.  After you eat, take a walk across the street and visit another Coleman family venue, The English Gardener Gift Shop.  Immediately before your eyes, you will notice a colonial British style building, sporting British flags and flare.  Stop inside to pick up a British souvenir, whether it is gifts for the home and garden, pub decor, or a distinctive good from the British food selection. The English Gardener Gift Shop carries Barbarian rugby Jerseys, along with an assortment of teas, sweets, and biscuits from England, Ireland, Scotland, and Wales.  To take a closer look at all your British Isle inspired goods, visit http://www.shophaddonfieldnj.com/retailers/englishgardener.php.

At the end of your day, what could be better than a traditional English play that includes dinner and drinks for a reasonable price?  ‘A Play, a Pie and a Pint’ is a live arts concept imported from the UK that brings “brilliantly casual” theater to Philadelphians.  This concept is based on the successful performance phenomena from the UK.  Each one act play is served up with a pie (pizza) and a pint (beer or beverage of choice).  Theater company, Tiny Dynamite Productions, allows all audiences to appreciate the gift of British entertainment.  From the UK to Australia, and now Philadelphia, Emma Gibson, Producing Artistic Director, has worked as an actress and journalist for many years.  Currently residing in the Greater Philadelphia area with her family, she is the director of Shakespeare Productions at The Shipley School in Bryn Mawr.  Tiny Dynamite Productions was formed in September 2008.  The Company presents the works of contemporary British playwrights to local audiences in Philadelphia. To learn more about Tiny Dynamite Productions visit their website at http://www.tinydynamite.org/companyprofile.htm.  To experience this entertaining cultural phenomenon, you can purchase tickets at http://www.brownpapertickets.com/event/190364.  All shows will be performed in the Red Room of Society Hill Playhouse in Center City, Philadelphia during select dates beginning in October 2011.

The BABC is pleased to provide you with this special feature article, highlighting great new English inspired shops, restaurants and activities all happening in close proximity.  From gift shops to clothing and shoe retailers to fine dining with fish and chips and British delicacies, we encourage you to take advantage of traditional British culture around the Greater Philadelphia region.  Clear your schedule, grab your friends and family, and let yourself purchase and experience all things British.

The BABC Welcomes New Members & Reports Current Member Category Changes

Thursday, September 8th, 2011

The BABC of Greater Philadelphia is pleased to formally announce and welcome our newest members.

Club Level

Aberdeen Asset Management Inc.

Gary Marshall
CEO, Aberdeen Asset Management Inc.

E: gary.marshall@aberdeen-asset.com

Sue Mullin
Head of Consultant Relations, US

E: sue.mullin@aberdeen-asset.com

Maree Mitchell
Senior Equity Specialist

E: maree.mitchell@aberdeen-asset.com

Samantha Lowry
Senior Consultant Relations Manager

E: samantha.lowry@aberdeen-asset.com

Toby Wallace
Senior Relationship Manager, Endowments & Foundations

E: toby.wallace@aberdeen-asset.com

Alan Goodson
Head of US Collective Funds

E: alan.goodson@aberdeen-asset.com

1735 Market Street, 32nd Floor
Philadelphia, PA 19103
P: 215-405-5700

http://www.aberdeen-asset.com/us

Aberdeen Asset Management Inc. is the wholly owned US subsidiary, based in Philadelphia, of Aberdeen Asset Management PLC, an independent investment management group listed on the London Stock Exchange.  Our business was formed in Aberdeen, Scotland in 1983.  We currently have 31 offices in 24 countries around the world through which we provide premier investment management services to a diverse global client base consisting of: corporations, endowments, foundations, public plans, unions, and individuals.  We have a balanced business with a breadth of investment capabilities across three main asset categories: equities, fixed income, and alternative investments (including property, funds-of-funds, and funds of hedge funds, amongst other capabilities).  Our principal investment centers are located in Philadelphia, London, Edinburgh, Singapore, Stockholm, and Sydney.  Assets as of March 31, 2011 totaled $290 billion group wide.

GlaxoSmithKline PLC

Andrew Witty
CEO

Daniel Phelan
SVP, Advisor to the CEO

Deborah J. Winter
Director, Tax Planning, Global Tax

P: 215-751-5082
E: deborah.j.winter@gsk.com

Sherrie Shade
Assistant General Counsel

P: 215-751-6252
E: sherrie.l.shade@gsk.com

One Franklin Plaza
PO Box 7929
Philadelphia PA 19101
P: 215-751-4638
F: 919-315-3344

www.gsk.com

We have a challenging and inspiring mission: to improve the quality of human life by enabling people to do more, feel better and live longer.  This mission gives us the purpose to develop innovative medicines and products that help millions of people around the world.

We are one of the world’s leading research-based pharmaceutical and healthcare companies.  Headquartered in the UK, we are a global organization with offices in over 100 countries and major research centres in the UK, USA, Belgium, and China.

But being a leader brings responsibility.  This means that we care about the impact that we have on the people and places touched by our mission to improve health around the world.

It also means that we must help developing countries where debilitating disease affects millions of people and access to life-changing medicines and vaccines is a problem.  To meet this challenge, we are committed to providing discounted medicines where they are needed the most.

We are one of the few pharmaceutical companies researching both medicines and vaccines for the World Health Organization’s three priority diseases – HIV/AIDS, tuberculosis and malaria, and are very proud to have developed some of the leading global medicines in these fields.

We produce medicines that treat major disease areas such as asthma, anti-viral, infections, mental health, diabetes, cardiovascular and digestive conditions.  In addition, we are a leader in the important area of vaccines and are developing new treatments for cancer.

TD Bank, N.A.

Todd Sturza
Corporate Banking USA

P: 215-282-2471
F: 215-282-4032
E: todd.sturza@td.com

2005 Market Street
Philadelphia, PA 19103

www.tdbank.com

TD Bank, N.A., America’s Most Convenient Bank, is one of the 15 largest commercial banks in the United States with $160 billion in assets, and provides customers with a full range of financial products and services at more than 1,100 convenient locations from Maine to Florida.  Effective April 16, 2010, TD Bank, N.A. has acquired certain assets of Riverside National Bank of Florida, First Federal Bank of North Florida and AmericanFirst Bank, and currently operates under those trade names.  TD Bank, N.A., is headquartered in Cherry Hill, NJ, and Portland, Maine.  For more information, visit www.tdbank.com.

TD Bank, N.A., America’s Most Convenient Bank, is a member of TD Bank, N.A. Financial Group(TSX, NYSE: TD) of Toronto, Canada, a top 10 financial services company in North America and one of the few banks in the world rated Aaa by Moody’s.

Senior Corporate

Aon Risk Solutions

Marc J. Armstrong
Managing Principal

P:  215-255-1811
E: Marc.armstrong@aon.com

One Liberty Place
1650 Market Street
Philadelphia, PA 19103

www.aon.com

Aon Corporation (NYSE:AON) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human resources solutions and outsourcing.  Through its more than 59,000 colleagues worldwide, Aon unites to deliver distinctive client value via innovative and effective risk management and workforce productivity solutions.  Aon’s industry-leading global resources and technical expertise are delivered locally in over 120 countries.  Aon was named the world’s best broker by Euromoney magazine’s 2008, 2009, and 2010 Insurance Survey.  A.M.  Best deemed Aon the number one insurance broker based on revenues in 2007, 2008 and 2009, and Aon was voted best insurance intermediary 2007-2010, best reinsurance intermediary 2006-2010, best captives manager 2009-2010, and best employee benefits consulting firm 2007-2009 by the readers of Business Insurance.  Visit http://www.aon.com for more information on Aon and http://www.aon.com/manchesterunited to learn about Aon’s global partnership and shirt sponsorship with Manchester United.

Taylor Wessing LLP

Graham Hann
Partner, London
Technology

P: +44 (0) 20-7300-7000
F: +44 (0) 20-7300-7100
E: g.hann@taylorwessing.com

5 New Street Square
London EC4A 3TW
United Kingdom

www.taylorwessing.com

Taylor Wessing is a leading International law firm with a single-minded approach: to help our clients succeed.

What makes us different is our forward thinking approach to serving clients.  We think creatively about business issues and are constantly looking for new and better ways to add value with truly innovative solutions that help to grow our clients’ businesses.

By keeping close to our clients we can proactively identify better ways to help them achieve their ambitions.

Today’s world is undergoing fundamental change and that creates the need for intelligent solutions.

Our aim is to be at the forefront of developing those solutions by serving clients in the sectors that we believe are the industries of tomorrow:

  • Technology, Communications and Brands
  • Life Sciences and Healthcare
  • Real Estate and Infrastructure
  • Energy and Environment
  • Financial Institutions and Services

With over 750 lawyers in the UK, Germany, France and Belgium, we are able to provide unrivalled support for commercial organisations doing business in Europe across a full range of legal practice areas.  We are also strong in the Middle East, India, China and North America.  We are driven by where the industries of tomorrow are growing the fastest.

Win a Prize – 2012 London Olympic Games Trivia

Thursday, September 8th, 2011

Attention historic sports enthusiasts and Anglophiles, we plan to run an Olympic Game trivia question in each Connect Newsletter until the Games commence. A very generous prize has been donated by Philadelphia Union to be awarded to the first person to submit the winning answer.

Tripleheader Trivia Question

What are the names of the two East Londoners who designed the London 2012 Olympic Torch?  Lit in Greece, the 2012 Olympic Flame is scheduled to arrive in the UK on what date?  How many Torchbearers will carry the Olympic Flame throughout its journey, from start to finish?

Please e-mail seisen@greaterphilachamber.com with your answer.

For information about the 2012 London Olympic Games please visit the official website: www.london2012.com.

British American Business Council of Greater Philadelphia Appoints New Executive Board Positions and Welcomes New Board Members

Tuesday, September 6th, 2011

PHILADELPHIA, SEPTEMBER 6, 2011— The British American Business Council (BABC) of Greater Philadelphia recently appointed a new Board President from Duane Morris, new Membership Co-chairs from Deloitte & Touche and TD Bank, and welcomed new Board Members from Aberdeen Asset Management, ARAMARK, GlaxoSmithKline, Philadelphia Convention & Visitors Bureau, and United Continental Holdings.

Hope Krebs, Partner, Duane Morris LLP, was named President of the BABC of Greater Philadelphia. Based in Duane Morris’ Philadelphia office, Krebs is an international tax partner and co-chair of the firm’s International Practice Group.

Charles Carrington, Partner, Deloitte & Touche LLP, and Todd Sturza, Managing Director and Team Leader, National Corporate Banking at TD Bank, N.A. recently assumed the role of BABC Membership Co-chairs.

New BABC Board Members include: Gary Marshall, Chief Executive Officer, Aberdeen Asset Management Inc.; Rob Williamson, Associate Vice President & Controller, ARAMARK International; Deborah Winter, Director, Tax Planning, Global Tax, GlaxoSmithKline PLC; Kathleen Titus, Executive Director of Tourism, Philadelphia Convention & Visitors Bureau; and Mary Ellen Burke, Director Regional Sales, Newark, United Continental Holdings.

UKTI’s Inward Investment Report

Monday, July 18th, 2011

Dear BABC Members,

I hope you are enjoying your summer and looking forward to attending the exciting programs we have planned for the Fall. In the meantime, I would like to share UK Trade & Investment (UKTI)’s recently released annual Inward Investment Report.

The report notes that there were 1434 foreign direct investment (FDI) projects undertaken in the UK last year creating nearly 95k jobs. The number of projects was down from the previous year – though still one of the highest figures ever-recorded – but the number of jobs associated with these projects (both created and safeguarded) is up. Two-thirds of the new jobs created came from existing investors.

The US remains by far the largest source of foreign investment in the UK, accounting for 388 (or 27%) of the UK’s total number of FDI projects which is more than the combined figure for the next four largest investors (Japan, India, Germany and France). US investments created or safeguarded more than 36,000 UK jobs (or 38% of the total number of jobs created or safeguarded). As with the global figures, the number of US projects was down from 2009/10 but the number of jobs created or safeguarded as a result of them was up.

Also available for your review is the press release that was issued regarding the report. You will see that this included a strong statement from the Prime Minister underlining the Government’s determination to ensure that the UK remains the go-to location for overseas companies. GE UK and HP Enterprise Services both contributed statements to the press material for the launch. GE praised the UK’s technology expertise, manufacturing sector knowledge and innovation. HP complimented the “UK’s deep pool of highly-skilled people and the positive environment for enterprise and innovation.”

We hope you find the material of interest and, as always, please feel free to contact us if you have any questions about the report or wish to obtain more information about investing in the UK.

You may access both the complete report and the press release via these links UK INWARD INVESTMENT REPORT 2010/11 & PRESS RELEASE . Both documents will be permanently housed on our website.

Best regards,
Hope P. Krebs, Esq.
President, British American Business Council of Greater Philadelphia