|The British-American Business Council Northern California cordially invites you to the 32nd Annual BABC Economic Forecast Luncheon at the City Club in San Francisco.
We will be live and back in person to bring you the latest updates on the global and local economies from our esteemed panel of economists and experts.
Moderated by Richard Waters, West Coast Editor for the Financial Times, our panelists will be delving into the global and local economies and sharing their expertise on the path forward for business as we emerge from the global pandemic.
The last two years have seen profound economic changes, from remote work to accelerated digitalization, and a less stable global landscape. The Bay Area is at the center of many of these shifts.
Our panelists will discuss the implications and the road ahead, both locally and globally covering:
The US and China seem farther apart than ever. What does the road ahead look like for US-China business and can we still cooperate?
How has Russia’s war in Ukraine changed the security and economic landscape?
How are global supply chains realigning and what does that mean for companies in the US and the West?
Globalization seems on the defensive. What is the outlook for trade and new trade agreements?
How strong is the recovery from Covid and how far do we have to go?
How is remote work changing the business landscape and the structure of our cities
Some prominent companies have left the Bay Area. Why is that, and is it a trend?
West Coast Editor, The Financial Times
Richard Waters is the West Coast Editor for the Financial Times. His beat covers the technology industry. Before moving to the West Coast, Mr Waters was based in the FT's New York office for nine years. His roles there included Wall Street reporter, New York bureau chief, and the FT's first information industries editor, overseeing global coverage of technology, telecommunications and media. He previously worked at the FT in London where he held a number of positions, including editor of international capital markets, securities industry correspondent and accountancy and taxation correspondent.
Before working for the FT, Mr Waters worked as a reporter and editor for several financial magazines. He also worked for two years at Lloyd's Bank International and lived in Chile, also working as a teacher. In 2004, he was awarded Corporate Finance Reporter of the Year for his coverage of Google's IPO. He was shortlisted for the Business & Finance Reporter of the Year award at the British Press Awards in 2003 and won the award in 1992 as part of a team covering the BCCI scandal. In 1988, he was named Accountancy Journalist of the Year. He appears regularly on the BBC, CNBC, MSNBC, CNNfn and NPR.
Mr Waters received his Bachelor's degree from St. Edmund Hall, Oxford University.
Chief Investment Strategist, BMO Wealth Management - US
As Chief Investment Strategist, Yung is responsible for analyzing macroeconomic and market trends, and also performing valuation modeling across asset classes to guide strategic and tactical asset allocations for client portfolios. He joined the organization in 2016 and brings a dynamic combination of academic achievements and industry experience to the Investment Strategy team.
Prior to joining BMO, Yung was a finance professor at Lehigh University, where he taught courses in fixed income, equities and derivatives. His academic studies have been cited in the Wall Street Journal, in leading finance journals, top law journals, the Handbook of High Frequency Trading, and in the Oxford Handbook of Corporate Governance. During his tenure at Lehigh, he was awarded the Staub Outstanding Teacher Award, awarded to one faculty member by a vote of faculty and students. Prior to his academic career, Yung worked for a global consulting firm performing financial and market analysis for global companies with operations in Hong Kong, Taiwan and China. Later, he oversaw the operations at a Fortune 500 subsidiary in Taipei and Mainland China.
Yung earned his Ph.D. in Finance at the University of Utah and his B.A. in Economics and Political Science, magna cum laude, at Williams College.
President & CEO, Bay Area Council Economic Institute
Sean Randolph is President & CEO of the Bay Area Council Economic Institute, a public-private partnership of business, labor, government and higher education that works to foster a competitive economy in California and the San Francisco Bay Area, including San Francisco, Oakland and Silicon Valley.
Dr. Randolph previously served as President & CEO of the Bay Area Economic Forum, which merged with the Bay Area Council in January 2008, and as director of international trade for the State of California, where he developed trade strategy and directed international business programs to stimulate exports and introduce California companies to overseas markets. Before service with the state, he was Managing Director of the RSR Pacific Group, an international business consulting firm specializing in Asia and Latin America, and before that served as International Director General of the Pacific Basin Economic Council, a 15-nation international organization of leading U.S., Asian and Latin American corporations.
His professional career includes extensive experience in the U.S. Government, including the U.S. Congress staff, and the White House staff. From 1981-85 he served in the U.S. State Department, as officer for Asia on the Policy Planning Staff, as Special Adviser for Policy in the Bureau of East Asian and Pacific Affairs, and as Deputy/Ambassador-at Large for Pacific Basin affairs. From 1985-88 he served as U.S. Deputy Assistant Secretary of Energy for International Affairs, managing nuclear non-proliferation, energy research, and global oil and gas issues.
Dr. Randolph holds a JD from the Georgetown University Law Center, a Ph.D. from the Fletcher School of Law and Diplomacy (Tufts and Harvard Universities), a B.S.F.S. from Georgetown's School of Foreign Service, and studied at the London School of Economics.
CFO, NCC Group
CFO for NCC Group North America. NCC Group are at the heart of cyber innovation - helping to make the world safer and more secure.
Darren joined NCC Group in 2005 as a part qualified Management Accountant and has since held various roles in the finance team until 2013, when he became UK Assurance Commercial Finance Manager.
In 2013, after 8 years in the Manchester headquarters, Darren moved to the Bay Area to assume responsibility and management of North America finance. Initial priorities were to integrate the recent acquisitions to group processes, policies, and systems whilst building out a more robust finance and corporate team.
Darren is responsible for the day to day management of the Finance Team and provides strategic support to the COO and in the areas of tax planning & compliance, FP&A, treasury & bank, external & internal audit compliance and cost control.
Darren is an Associate Chartered Management Accountant, is a keen soccer (football!) player, when not injured! Other interests all include sport – namely driving his 2 sons all over the bay area to compete in a whole range of sports.