CEO, Credit Suisse
Tidjane Thiam is Chief Executive Officer of Credit Suisse Group AG since July 2015. Prior to his current role, he was Group Chief Executive of Prudential plc from 2009 to 2015, having also served that company as a Director from 2008 to 2015 and as Chief Financial Officer from 2008 to 2009. Previously, Mr. Thiam served in a variety of leadership roles at Aviva from 2002 to 2008, holding successively the positions of Group Strategy and Development Director, Managing Director of Aviva International, Group Executive Director and Chief Executive Officer, Europe, and serving as a Director in 2007. Mr. Thiam joined Aviva in 2002 from McKinsey & Company, the consulting firm, where he was a partner. From 1994 to 1999, he was successively CEO of the National Bureau for Technical Studies and Development, and Secretary of Development and Planning at Côte d’Ivoire. Mr. Thiam served as Chairman of the Board of the Association of British Insurers from 2012 to 2014. He is a chevalier of the French Legion of Honor and a member of the 21st Century Fox board of Directors since November 2014. Mr. Thiam is a graduate from the École Polytechnique in Paris and the École Nationale Supérieure des Mines de Paris and holds an MBA from Insead, with distinction.
TOPIC OF HIS SPEECH: OPPORTUNITIES IN DEVELOPING MARKETS
More than half of global output is now produced by emerging and developing countries. In the 1990s these countries still accounted for less than 20% of global production. Despite a recent deceleration, growth in developing markets remains strong and the long-term economic outlook bright. Drivers are long-term demographic shifts, an expanding middle class boosting consumption, an increase in productivity, the advance of technology and an acceleration of capital and wealth accumulation in these regions. Opportunities for developing economies are immense as long as there are continued investments into infrastructure, better regional integration and a relentless focus on healthcare and education.