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British American Business Council Connect

Fall 2011

IN THIS ISSUE

-> Message from the President
-> Introduction: New Consul-General, Danny Lopez
-> Club Level Feature Article: Aberdeen Asset Management Inc.
-> Upcoming Programs
Please Join Us
-> Event Recap
-> Human Interest Feature
-> New BABC Members
-> Win a Prize - 2012 London Olympic Games Trivia
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To learn more about the British American Business Council of Greater Philadelphia please visit: www.babcphiladelphia.com

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Interested in contributing to a future issue of Connect? Please contact Jane Rosenberg at 215-790-3686 or e-mail jrosenberg@greaterphila
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CLUB LEVEL MEMBERS:

Aberdeen Aramark British Airways Cigna Deloitte Duane Morris Ernst & Young GlaxoSmithKline HSBC KPMG Morgan, Lewis & Bockius LLP PriceWaterhouseCoopers Shire TD Bank United Airlines US Airways

Message from the President

Neil Boyden Tanner, President, BABC of Greater PhiladelphiaDear 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.

We have an exciting line-up of events in store for you during the next several months, including a business roundtable seminar about the digital economy on October 5, 2011, and our 20th anniversary/annual holiday luncheon on December 14, 2011. Please save the dates. We hope you and your colleagues will join us for these special programs. Take a moment, and read through Connect for details about all recent and upcoming activity. We have several new BABC members and some current colleagues who increased their membership levels to become more involved with our organization. read more

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Introduction: New Consul-General, 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.

Prior to joining the Foreign and Commonwealth Office, Danny enjoyed a varied career in the UK's public and private sectors. From 2009 to 2011, Danny worked for the London Development Agency, the Mayor of London's economic development arm, as Group Director for Business Support and Promotion. During this time Danny was responsible for creating 'London & Partners', the UK capital's promotional agency for business, visitors and students and was its inaugural CEO. read more

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Club Level Feature Article: Aberdeen Asset Management Inc.

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.

The speed of the market decline has been breathtaking, exacerbated by technical aspects within the derivatives market - namely the unwinding of volatility exposure. Nevertheless, the catalyst was anxiety about the creditworthiness of developed countries, given the implicit lack of political cohesion on both sides of the Atlantic. read more

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Upcoming Programs - Please Join Us

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 read more

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 read more

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Event Recap

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

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. read more

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Human Interest Feature

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. read more

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The BABC Welcomes New Members & Reports Current Member Category Changes

Club Level

Aberdeen Asset Management Inc.
Gary Marshall - CEO, Aberdeen Asset Management Inc.
Sue Mullin - Head of Consultant Relations, US
Maree Mitchell - Senior Equity Specialist
Samantha Lowry - Senior Consultant Relations Manager
Toby Wallace - Senior Relationship Manager, Endowments & Foundations
Alan Goodson - Head of US Collective Funds

GlaxoSmithKline PLC
Andrew Witty - CEO
Daniel Phelan - SVP, Advisor of the CEO
Deborah J. Winter - Director, Tax Planning, Global Tax
Sherrie Shade - Assistant General Counsel

TD Bank, N.A.
Todd Sturza - Corporate Banking USA

Senior Corporate

Aon Risk Solutions
Marc J. Armstrong - Managing Principal

Taylor Wessing LLP
Graham Hann - Partner, London, Technology

read more

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Win a Prize - 2012 London Olympic Games Trivia

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.

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