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A Musical Adventure with the British American Business Council and the Philadelphia Orchestra Recap

A Musical Adventure with the British American Business Council and the Philadelphia Orchestra
Thursday, February 28, 2019
6:00 – 10:00 p.m.
The Kimmel Center, Philadelphia

On Thursday, February 28, 2019, the BABCPHL partnered with the Philadelphia Orchestra for a magnificent concert held at Verizon Hall at the Kimmel Center. Nearly 50 BABCPHL members and friends gathered for a special behind the scenes tour; meet and greet with musicians; and reserved seats for the concert, featuring special guest, British performer, Benjamin Grosvenor.

BABCPHL President Michael Pedrick started the evening with opening remarks. He introduced us to Orchestra President and CEO Matías Tarnopolsky and Executive Director Ryan Fleur. Geoffrey Cohen, Director of Audience Development for the Philadelphia Orchestra, welcomed our group. He, along with Kayla Delgado-Partridge, Audience Development Manager, led BABCPHL guests on a special behind the scenes tour of the Kimmel Center. We were joined on the tour by cellist Richard Harlow, who provided a great amount of extra information from a musician’s perspective. At one point during the tour, the group got to stand on the stage of Verizon Hall to have the same perspective as the musicians who were performing later that evening. We also got to see some dressing rooms, as well as where the different instruments are stored.

After the tour we returned to the Green Room, where we were introduced to Paul Arnold, one of the violinists in the Orchestra. Paul energetically told the group some information about the pieces of music we would be hearing that evening. After his remarks, Michael thanked the musicians, as well as Geoff and Kayla, for hosting and taking the time to talk with us. BABCPHL guests then had some time to purchase food and drinks before the concert began.

The Philadelphia Orchestra performed three pieces: Haydn’s “Symphony No. 94 in G Major (“Surprise”); Beethoven’s “Piano Concerto No. 1 in C major, Op. 15”; and Beethoven’s “Symphony No. 4 in B-flat major, Op. 60.” British pianist Benjamin Grosvenor was featured in the Piano Concerto. Playing the complicated music with ease, Grosvenor received a standing ovation at the end of the piece. He has been described as “one in a million…several million” by The Independent. At the age of 19, he was invited to perform with the BBC Symphony for the first night of BBC Proms. He has performed all around the world, and in 2011, signed to Decca Classics. He is the youngest British musician ever to sign to the label.

The BABCPHL group had the lucky opportunity to meet with Grosvenor during intermission. He graciously answered questions and posed for a few photos.

The BABCPHL was honored to partner with the Philadelphia Orchestra for an outstanding night of incredible music. Special thanks to the Orchestra for working with us to provide this wonderful opportunity to our members and friends.

Click here for photos.


Welsh Minister Visits Philadelphia

On Thursday, March 1, 2019 the BABCPHL welcomed the Welsh Government Minister for International Relations and the Welsh Language, Eluned Morgan, Baroness Morgan of Ely, Labour Assembly Member in the National Assembly of Wales to Philadelphia for an official visit and exclusive, by invitation only VIP lunch hosted by Drinker, Biddle & Reath LLP. The Minister’s day in Philadelphia began with private sector company meetings and a visit with Mayor Kenney and the Commerce Department. Mayor Kenney and Minister Morgan share similar political views on several hot button topics. The Minister led an open forum discussion with the BABCPHL about pressing global matters during the last stop on her itinerary in Philadelphia.

Jill Bronson, Regional Partner in Charge of the Philadelphia Office of Drinker Biddle & Reath, welcomed the Minster and all attendees to the Firm’s beautiful board room overlooking the Parkway. Michael Pedrick, BABCPHL President, thanked Jill and everyone for gathering. He introduced the Minister, whose political career started at the age of 27 when she was elected as the youngest Member of the European Parliament in 1994. Minister Morgan was only the fifth woman elected to a full-time political position in the history of Wales, and the first full-time politician in Wales to have a baby while in office. She is a former Member of the European Parliament who represented Wales for the Labour Party from 1994-2009. In this role she became the Labour spokesperson on industry, science and energy and spokesperson for the 200 strong Socialist Group on Budget Control matters. She authored the Green Paper on energy on behalf of the EP and led the Parliament’s discussions on the Electricity Directive where she ensured new rights for consumers and demanded that Member States of the EU addressed the issue of fuel poverty. From late 2009 until July 2013 she worked as the Director of National Business Development in Wales for SSE (SWALEC), one of the UK’s largest energy companies. She was responsible for the establishment of the SWALEC Smart Energy Centre in Treforest. She was also appointed as the Chair of the Cardiff Business Partnership. From 2013-2016 she served as the Shadow Minister for Wales in the House of Lords, and from 2014-2016 she served as Shadow Minister for Foreign Affairs and also as a whip. In 2018 she stood as the only female candidate in the Labour Party Leadership election to succeed Carwyn Jones as First Minister. The new First Minister, Mark Drakeford named her as Minister for International Relations and the Welsh Language in his new cabinet.

Minister Morgan chose Philadelphia as her first official overseas trip in her new position. She began her brief presentation to BABCPHL guests highlighting the strong historic and commercial ties between the greater Philadelphia region and Wales. Minister Morgan talked about the stability of the Welsh government; the economy and the investment climate; the Welsh position on Brexit; climate change; energy; and other important issues. She encouraged unrestricted dialogue with attendees. While most questions focused on Brexit, tariffs, and the possible scenarios that could develop during the coming weeks, other areas of discussion included the evolution of the Welsh economy from mining, to agriculture and high-tech, sustainability, education, and legislation that will affect the next generation, specifically the Well-Being of Future Generations Act.

Minster Morgan’s visit coincided with St. David’s Day – a Welsh national holiday in commemoration of St. David, the patron saint of Wales. It is a day of celebration of both St. David’s life and of the Welsh culture in Wales and abroad. The BABCPHL was honored to welcome Minister Morgan to the City on the commemorative St. David’s Day, and extends sincere gratitude to BABCPHL Club Level Member, Drinker Biddle & Reath for hosting the Minister for a delicious lunch, including homemade St. David’s Day Welsh cakes in the Philadelphia Office.

Click here for photos.

The Death of LIBOR Not SOFR Away… Are You Ready? Secured Overnight Financing Rate: The New Benchmark – Expectations & Implications

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In 2021, the London Interbank Offered Rate (LIBOR), the world’s most important financial rate, will go away, but it is unclear what will replace the index used in virtually every significant credit arrangement, bond, swap and financial instrument. The volume of financial contracts based on LIBOR is estimated at $200 trillion.  The change will affect every company and financial institution.

The Federal Reserve Bank of New York has proposed that The Secured Overnight Financing Rate (SOFR) become the new lending resource rate. It is the rate banks will pay on the repurchase agreement market for borrowing overnight. US regulators anticipate SOFR will be widely adopted to back the derivatives and loans market, and to be the universally accepted replacement for the outgoing LIBOR.

Not SOFR away. Are you ready?  What can you expect and what are the implications of losing LIBOR and adopting SOFR?  Join us for this timely and interactive seminar to learn everything you need to know:

  • What is SOFR?
  • How will moving to SOFR change credit agreements, swaps, and other financial instruments?
  • How to navigate the transition? What should parties be doing now?

Date: Thursday, May 16, 2019

Time: 8:00 – 10:00 a.m.

  • 8:00 – 8:30 a.m. Registration & Breakfast
  • 8:30 – 9:30 a.m. Seminar
  • 9:30 – 9:45 a.m. Q&A
  • 9:45 – 10:00 a.m. Networking

Location: Chamber of Commerce for Greater Philadelphia
200 South Broad Street
Philadelphia, PA 19102

Member Individual Ticket: $55

Non-Member Individual Ticket: $75


Sponsors (To Date):


Partners (To Date):

Need for Speed – Around the World in 90 Minutes

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Join the British American Business Council of Greater Philadelphia for an evening of speed networking with global professionals at Philadelphia’s premier whiskey and go go bar – the Trestle Inn.  Industry experts will lead a brief discussion about the importance of networking; how to pitch yourself and your business; and how to deliver the perfect elevator speech!  Following introductory remarks attendees will rotate in small groups so each person has the opportunity to interact with every attendee.  Bring plenty of business cards and be ready to ask and answer questions with executives representing various industry sectors with operations throughout the world.

Date: Thursday, April 25, 2019

Time: 6-8:00pm

6-6:30pm: Registration & Networking
6:30-6:45pm: Introductions, Brief Remarks & Instructions
6:45-7:45pm: Speed Networking Session
7:45-8:00pm: Raffles & Close

Location: The Trestle Inn
339 N. 11th Street, Philadelphia, PA 19107

Member Individual Ticket: $45*

Non-Member Individual Ticket: $55*

*Includes presentations, speed networking, food & beverage






Hosted by:

English Women’s National Soccer Team Match

The English Women’s National Soccer Team will be in town at the end of the month for a match at the SheBelieves Cup at Talen Energy Stadium on Wednesday, February 27, 2019 at 4:00 pm.

PHLSports, a business unit within PHLCVB, long time BABCPHL Corporate Member and active on our Board of Directors, supports all major and minor league sporting events in the City of Philadelphia.

Our region is a particularly strong soccer market, and this is a trifecta event for our Chamber.  The BABCPHL is proud to welcome the British Women’s National Soccer Team to the region; proud to support our member PHLCVB and PHLSports; and proud to invite BABCPHL members and friends to purchase tickets to this event taking place at Talen Energy Stadium, home to Philadelphia Union, member and supporter of BABCPHL activities.

Root for the English as they take on Brazil!  Click here for more information and the link to purchase tickets.

Rediscovering the Story of Richard St. George

A Presentation by Associate Curator Matthew Skic

The Museum of the American Revolution invites you to join us for an evening reception and presentation announcing, previewing, and exploring themes from the Museum’s 2019-2020 special exhibition:

“Redcoat & Revolutions: Richard St. George in American and Ireland”

For more information, click here.

2018 Signature Annual Holiday Luncheon – PHL International: Regional Economic Engine Connecting Philadelphia to the World

On Thursday, December 6, 2018, the BABCPHL hosted our Signature Annual Holiday Luncheon in the Grand Ballroom at the Ritz-Carlton. Throughout the year we are proud to offer the international business community opportunities to gather with likeminded individuals to create valuable relationships, and to learn more about links with the UK.  Nearly 200 global executives and leading UK and regional government officials participated in this event. The room was buzzing with networking and merriment.  This year’s program featured Harold Epps, Director of Commerce for the City of Philadelphia, and Chellie Cameron, Chief Executive Officer of Philadelphia International Airport.

Michael Pedrick, BABCPHL President, opened the meeting and welcomed special guests and speakers. He introduced Harold who graciously stood-in for Mayor Kenney who had cancelled all previously scheduled public appearances due to the death of his father earlier in the week.  Harold oversees and implements policies to help both small businesses and major corporations in Philadelphia thrive.  Commerce coordinates activities along neighborhood commercial corridors with small businesses and entrepreneurs, major real estate development projects, large-scale business attraction and retention efforts, as well as efforts to increase minority-owned business contracting opportunities.  Harold and his team create a favorable environment for foreign direct investment, and for regional companies to successfully grow and expand in other areas.  This October, the Mayor’s Office and Commerce led a successful business development and retention mission to the UK.  Michael thanked Harold for his focus on the UK, and welcomed him to the podium to speak about our region’s strong relationship with Great Britain.  Harold talked about UK investment in Philadelphia; the City’s commitment to UK business ties; and the recent trip.  Harold also lauded the BABCPHL for growing UK business in the area, and he introduced Chellie.

Rochelle (“Chellie”) L. Cameron is the Chief Executive Officer of the Philadelphia International Airport and the Northeast Philadelphia Airport, a large hub airport system serving over 30 million passengers annually. Chellie oversees the planning, development and administration of all activities for the City’s Division of Aviation – which through a $484 million operating budget and a $665 million capital budget, respectively, generates more than $15.4 billion in annual spending to the regional economy and accounts for more than 96,300 jobs within the region. She has made enhancing the customer experience, improving current airport facilities and expanding the airport for the future her top priorities.  Chellie spoke about the Airport as an economic engine driving development for our region with a focus on UK connections.  She provided valuable statistics about the Airport’s growth and strength not only here in the Greater Philadelphia area, but all of the connections to cities throughout the US and the world.  Chellie’s presentation included a very special pre-recorded video of immediate prior BABCPHL President, Rhett Workman in London, England.  At the beginning of 2018, Rhett left his post at American Airlines in Philadelphia, and was named Managing Director at London Heathrow for the Airline.  The room clapped and cheered as Rhett took us on a tour of London hot spots where we met people who spoke about their interests in Philadelphia.

Following a delicious lunch, our sponsors from American Airlines and HSBC Bank each spoke for a few minutes about their companies and their commitment to the BABCPHL. Jim Moses, Vice President, PHL Hub Operations, American Airlines talked about the Airline’s presence at the Airport and the strong and growing connections to the UK and beyond.  Kristin Malo, Senior Vice President, North East Team Leader, International Subsidiary Banking, HSBC USA focused on the Bank’s long history collaborating with the BABCPHL.  Headquartered in London, HSBC Bank USA, N.A. is one of the largest banking and financial services organizations in the world.  Our last speaker was Ben Brierley, Vice Consul and Head of Advanced Manufacturing for the British Embassy Network and the Department for International Trade (DIT).  He leads a geographically dispersed virtual team across the US, supporting UK exporters and engaging with US inward investors to the UK.  Ben is responsible for planning and delivering sales and marketing campaigns, resource planning, and strategic leadership.  As a Vice Consul with the British Consulate, he is also involved with supporting broader activity for the British Government in the US.  Sectors within Ben’s domain include Aerospace, Space, Chemicals, Food & Drink, AgriTech and Manufacturing.  He talked about DIT and the relationship with the BABCPHL.  Ben also congratulated Howard Silverstone, BABCPHL Membership Chairman, prior two-time President, and Board Member on his recent appointment by Her Majesty The Queen as a Member of the Most Excellent Order of the British Empire (MBE).

MBEs are given to individuals who have made great efforts to contribute to their respective communities. Howard’s tireless volunteer work for the British American Business Council of Greater Philadelphia for more than a quarter century is an example of this.  While Howard is occupied day in and day out with his privately owned and managed forensic accounting firm – Forensic Resolutions – he always finds time to dedicate several hours per week to the BABCPHL.  His commitment has had immeasurable impact on the region’s relationship with the UK both financially and culturally.  Howard is an outstanding ambassador for the UK in the US.

It would not be a BABCPHL holiday event without some fun and good cheer. Christmas crackers were popped, paper crowns were donned, and Howard, BABCPHL’s very own stand-up comedian, was the Master of Ceremonies for our coveted gift giving tradition.  Our program concluded with more than 20 raffle prizes given to lucky business card draw winners from local retailers, restaurants, hotels and sports teams, including American Airlines AAdvantage miles for a pair of round trip, Business Class tickets on American Airlines’ award winning, non-stop service from Philadelphia International Airport to London, England.

Special thanks to BABCPHL 2018 Holiday Lunch headline sponsors, without whom this program would not have been possible: HSBC Bank USA, N.A.; American Airlines; Almac Group; Deloitte LLP; and The Welsh Government.

Best wishes for a happy, healthy and prosperous holiday season. We are thankful for your support and look forward to seeing you in the New Year.

Click here to view photos.



On Thursday, January 31, 2019, the British American Business Council of Greater Philadelphia partnered with the Chilean, French, German, Irish, Israeli, Japanese, Norwegian, and Russian Chambers of Commerce as well as the Delaware Division of Small Business, the Delaware Prosperity Partnership, the New Castle County Chamber of Commerce, and the World Trade Center Delaware, for a tristate area networking event. More than 150 global business professionals and government leaders participated. Internationally minded executives with operations in Delaware, New Jersey and Pennsylvania mingled and exchanged ideas in the striking, bright, open, main lobby of Hercules Plaza. Business cards were exchanged and global connections were made throughout the two hour program.

This international event was hosted by 1313 Innovation/McConnell Johnson Real Estate. Founder, Paul McConnell, is a BABCPHL Club Level and Board Member.  1313 Innovation’s mission is to enrich Delaware’s business community by being the most groundbreaking resource for professionals and students. 1313 strives to connect business leaders, and universities to transform Wilmington into the epitome of innovation. They support the development of its members in their roles as business leaders mainly through local and national networking, strategic alliances and partnerships in education. Our group was honored to help Paul and his team meet their mission through collaboration on this second annual international gathering.

Paul and his colleagues Lauren Spinelli and Shona Grace, at 1313 Innovation and McConnell Johnson Real Estate graciously welcomed our group. Event sponsors also included: DLAPiper and the University of Delaware.  The event involved executives from a wide range of industry sectors, and businesses with operations in the three states, and the across the world.  After brief remarks from BABCPHL President Michael Pedrick, sponsor introductions, and comments from: Paul McConnell, Managing Member, McConnell Johnson Real Estate; Matt Denn, Partner, DLAPiper; Ted Foltyn, Adjunct Faculty, Horn Entrepreneurship, University of Delaware; Kurt Foreman, President & CEO, Delaware Prosperity Partnership; and Millar (Joe) White, Vice Consul, Trade & Investment Officer – Technology, Department for International Trade, British Embassy, there was a business card raffle draw for exciting prizes such a as international chamber branded gear, wine, coffee table books, guest passes to future events, and four seats to a 2019 Philadelphia Union home soccer game.  Guests networked and continued to mix and mingle long after the event officially ended.

Sincere thanks to all sponsors and partners. Click here for photos.




Brits, Beer & Bites Meetup

On Thursday, November 8, 2018, the British American Business Council hosted a membership development and Young Professionals Group (YPG) happy hour at the Pyramid Club. Approximately 75 people gathered for a great evening of networking.  The views of the Philadelphia skyline were outstanding, and the British-inspired food and drink were delicious.  Michael Pedrick, BABCPHL President, welcomed guests and spoke briefly about the BABCPHL mission and history.  He thanked all attendees and recognized sponsors: The Bartlett Group and Lord Abbett. Bartlett is a third generation family-owned boutique international insurance broker.  The Company is a 75 year old UK-based business with US headquarters in Philadelphia.  They recently celebrated their 25th anniversary in Philadelphia, and are one of the founding members of the BABCPHL.  Bartlett is a Club Level member with a seat on our Board of Directors.  Lord Abbett is a private investment management company offering a variety of fixed−income and equity strategies to individual and institutional investors.  We were introduced to Lord Abbett by Jason Walker – one of our Young Professional Group Co-Leaders.

The BABCPHL YPG began in May 2012. The purpose of the BABCPHL YPG is to provide a forum for members under the age of 40 to develop valuable business contacts within the British American business community and to exchange ideas and information with a cross section of industry professionals, trade and government officials.  The BABCPHL YPG fosters professional ties and enables participants to build valuable business connections.  YPG gatherings engage our under-40 members.  Jason Walker and Adam Jones are our YPG Co-Leaders.  Jason spoke briefly about their experience with the BABCPHL, the types of events we offer, and why the organization is beneficial.

Before the business card draw, Michael introduced all of the BABCPHL Board Members present for the event: Wes Cronin, HSBC Bank; Dennis DiMarco, Virgin Atlantic Airways; Bruce Einstein, Bartlett & Company; Ralph Estel, EisnerAmper; Howard Silverstone, Forensic Resolutions; and Efe Sokol, Welsh Government. BABCPHL Board Members volunteer their time to promote business between the UK and the Greater Philadelphia region.  We are very grateful to all board members for their time, commitment and generosity.

To cap off the evening, Michael invited Kevin Saad from Philadelphia Union to draw the three winning business cards. Philadelphia Union is a longtime member of the BABCPHL and actively participates in many of our activities throughout the year.  Lucky winners received a British American Business Council branded umbrella, baseball cap and wall calendar; lunch for two at the Pyramid Club; and four Club seats to a 2019 Philadelphia Union game.

Michael closed by inviting everyone to our next program, the BABCPHL Signature Annual Holiday Lunch on Thursday, December 6, 2018 at the Ritz Carlton in Philadelphia. This event will feature Honorable Jim Kenney, Mayor of Philadelphia, and Chellie Cameron, CEO, PHL International Airport.  It is always a festive midday event with significant giveaways including round trip airline tickets to London.  Networking continued long into the evening.  The BABCPHL extends special thanks to the Pyramid Club for hosting our event.


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A Musical Adventure with the British American Business Council and the Philadelphia Orchestra

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We pulled some strings and are honored to offer you an exclusive evening with the Philadelphia Orchestra. This very special BABCPHL Program will include:
•A behind the scenes tour of the Kimmel Center;
•A meet and greet with musicians; AND
•Reserved VIP seating to enjoy a performance of Beethoven and Haydn by Benjamin Grosvenor.

Date: Thursday, February 28, 2019

Time: 6:00-10:00pm

Location: The Kimmel Center for the Performing Arts
300 South Broad Street
Philadelphia, PA 19102

Member Tickets:
Two for $125
One for $75

Non-Member Tickets:
Two for $175
One for $100

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The BABCPHL recognizes our Club Level Members:

  • Almac
  • American Airlines
  • Cigna
  • Cigna
  • Deloitte
  • Drinker Biddle & Reath LLP
  • Duane Morris
  • EisnerAmper LLP
  • HSBC
  • Johnson, Kendall & Johnson, Inc.
  • McConnell Johnson Real Estate
  • Morgan Lewis
  • Law Firm of Pepper Hamilton
  • TD Bank
  • United Airlines
  • Virgin Atlantic