Frontpage News

Post Archives


Department for International Trade Advamed MedTech Conference- UK Reception

From September 24-26, Philadelphia hosted the 2018 Advamed MedTech Conference, welcoming 3,000 leading medtech executives from 30 different countries. The MedTech Conference is a must-attend event for the industry’s prominent and most promising companies.  The meetings feature world-class plenary speakers, a wide array of educational programming, valuable networking and business development opportunities.  The Advamed MedTech Conference UK delegation was led by the Department for International Trade (DIT), the commercial arm of the British government.  During the last 70 years, the UK government has invested significant resources into the National Health Service (NHS).  The Country’s biomedical ecosystem is rapidly expanding.  In its first year, the total NHS budget was approximately $500M.  Today, the UK government is spending $500M just to implement new technologies in hospitals.  The UK is also investing $400M in AI research and recently gave a $25 billion boost to the NHS budget.

On Tuesday evening, September 25, DIT offered Medtech conference attendees the opportunity to participate in an exclusive seminar – “’Deep Learning’ in the NHS.” The panel discussion focused on how technology is used to transform UK healthcare and provides inspiration for innovation.  Speakers were asked probing questions about their areas of expertise, cutting edge technologies, and the pioneering healthcare environment in the UK.  Dr. Mike Short CBE, Chief Scientific Advisor from the UK Department for International Trade, moderated the discussion.  Mike recently joined the UK government after working for more than 40 years in the electronics and telecommunications sectors, most recently as a VP at Telefonica. Mike’s role at DIT is to ensure that the department’s policies are supported by the best science, engineering and technical advice.

The following four panelists provided an informative overview about the role of cutting-edge and developing technology within the NHS:

  1. Tony Davis, Commercial Director, West Midlands Academic Health Science Network – The UK has 15 Academic Health Science Networks (AHSNs), which aim to accelerate the adoption of innovation at scale across the UK. In addition to his role at the West Midlands AHSN, Tony leads the national network for digital health and AI.
  2. Professor Martin Gibson, CEO, NorthWest eHealth – NorthWest EHealth is revolutionizing the use of electronic health data to support the delivery of clinical trials. The company is renowned for supporting GSK’s Salford Lung Study – the world’s first real-world clinical trial. Martin is also NIHR Clinical Director for Greater Manchester and a consultant physician in diabetes and endocrinology.
  3. Dr. Jean Nehme, Co-founder and CEO, Digital Surgery – Jean trained as a plastic surgeon at Imperial College London and co-founded Touch Surgery five years ago. His new, expanded venture – Digital Surgery – aims to build a digital ecosystem that sits at the intersection of surgical expertise and technology.
  4. Neelam Patel, Chief Operating Office, MedCity – Neelam has 25 years of experience in the pharma industry, NHS and non-profit sector. She is currently leading work to help NHS England develop standards for digital health. She also leads the evidence workstream at DigitalHealth London, which aims to make it easier for small businesses to introduce their products into the NHS.

Attendees were encouraged to ask the speakers questions once the seminar ended. The final part of the evening included a cocktail reception offering delicious food, an open bar, and a Scotch whisky tasting. The reception was hosted by UK Health Minister Lord O’Shaughnessy, who was appointed as a Parliamentary Under Secretary of State at the Department of Health and a Government Whip (Lord in Waiting) in December 2016. The Parliamentary Under Secretary of State for Health (Lords) is the ministerial lead for NHS Resolution, Property Services and Community Health Partnerships, Business Services Authority, Digital, and Medicines and Healthcare Products Regulatory Agency. In addition, he represents the government on all aspects of health in the House of Lords. Lord O’Shaughnessy focuses on the following policy areas:

  • making a success of Brexit;
  • life sciences policy and industry engagement, industrial strategy and NHS innovation;
  • medicines pricing and regulation;
  • data, digital and technology, including cyber security; and
  • NHS land and estates, NHS litigation, migrant cost recovery and income generation.

Approximately 75 Advamed MedTech conference attendees, executives from leading global healthcare sector companies and local and foreign universities and other institutions enjoyed learning how technology has been used to transform UK healthcare. Networking with some of the UK’s top innovators at the end of the night was enjoyed by all.  The BABCPHL was honored to partner with DIT, the Welsh Government, Health Innovation Manchester, Scottish Development International, MedCity, Academic Health Sciences Networks, and the Association of British HealthTech Industries (ABHI) to deliver this timely and informative program.

Click here to view photos.


Press Release: Almac Group’s VP of Global Business Development Appointed to BABCPHL Board of Directors

Souderton, US, May 23, 2018Almac Group, the global contract pharmaceutical development and manufacturing organization, is proud to recognize the appointment of George Tiger, Vice President of Global Business Development, Almac Clinical Technologies, to the BABCPHL’s Board of Directors.

Leading global commercial activities for Almac Clinical Technologies, Tiger is responsible for the company’s commercial strategy and execution, working to build and strengthen client relationships, advance the industry-leading Almac ONE solution and expand strategic partnerships. He has over twenty-five years of success in sales, marketing and general management. Prior to joining Almac in 2015, Tiger served as Sr. Vice President for Health Market Science, and served in a number of global leadership positions with ERT and Abbott Laboratories. He is a graduate of Lafayette College with a BA in Economics and Business.

Michael Pedrick, BABCPHL President, commented: “The BABCPHL is pleased to welcome Almac as a Club Level Member. As a global pharmaceutical and biotech company, Almac represents a highly significant and growing business sector for the Greater Philadelphia region, and one that is a key component of US/UK trade in our area. We are delighted George is joining our Board of Directors. He will offer depth and insight about this critical sector, and will help our organization advance our mission and that of Almac through affiliation with the BABCPHL.”

Last year, the Almac Group hosted Ross Allen, Deputy Consul General and US Director of the Department for International Trade, and John Hoggard, Vice Consul and US Healthcare Sector Lead, to present a comprehensive overview of Almac’s history, global presence, and local operations.

Valarie Higgins, President & Managing Director of Almac Clinical Technologies, was also a recent finalist for the BABC’s global Transatlantic Growth (TAG) Women in Business Silver Award, which celebrates successful companies growing their transatlantic business, for her work to implement a successful growth strategy between Europe, the US, and internationally.

To learn more about Almac Group’s work in the US and globally, please visit: https://www.almacgroup.com or e-mail media@almacgroup.com.

###

About the British American Business Council
The British American Business Council (BABC) of Greater Philadelphia promotes the trade and investment relationship between the United Kingdom and Southeastern Pennsylvania, Southern New Jersey, and Delaware. The United States of America and the United Kingdom are each other’s largest investors; together we have approximately $1 trillion invested in each other’s economies.

The BABC is part of the largest transatlantic business network with 22 chapters, and more than 2,000 member companies based in major business centers throughout North American and the United Kingdom. Members include many of the world’s largest multinationals as well as thousands of middle market and privately held entities across industry sectors.

About Almac Group
‘Partnering to Advance Human Health’

The Almac Group is an established contract development and manufacturing organisation that provides an extensive range of integrated services to the pharmaceutical and biotech sectors globally. The services range from R&D, biomarker discovery development and commercialisation, API manufacture, formulation development, clinical trial supply, IXRS® technology (IVRS/IWRS) through to commercial-scale manufacture.

The international company is a privately owned organisation that has organically grown over almost 50 years and now employs close to 5,000 highly skilled personnel. Almac is headquartered in Craigavon, Northern Ireland with operations in the UK, Ireland, across the US (Pennsylvania, North Carolina and California) and in Asia (Singapore and Tokyo).


The Royals

People throughout the world are looking forward to watching the Royal Wedding which will air live from London on Saturday, May 19. The BABCPHL is pleased to recognize the growing Royal Family.

Within the short time span of just a few weeks, The Duke and Duchess of Cambridge welcomed their third child, Prince Louis, on April 23, and Prince Harry will wed Ms. Meghan Markle this coming Saturday.

BABCPHL prior two-time President, and current Programs & Events Chairman, Howard Silverstone, was interviewed by the press about this exciting event.  Click through the below links for press coverage.

Radio interview

Online article

 


BABCPHL Theatre Night Recap

BABCPHL Theatre Night

Thursday, February 22, 2018

The Drake – Louis Bluver Theatre, Philadelphia, PA 19103

Recap

On Thursday, February 22, 2018 BABCPHL members and friends gathered for a Welsh play US premier, followed by food and drinks with the director and playwright. Welsh playwright Alan Harris wrote Love, Lies and Taxidermy – a romantic comedy about growing up in a small town in Wales. The play was directed by BABCPHL member Inis Nua. Inis Nua, translating to “new island”, is a Philadelphia-based theatre company that produces contemporary, provocative plays from England, Scotland, Ireland and Wales which reflect those cultures’ new identities in today’s world. Tom Reing is the Founder and Artistic Director of Inis Nua and has presented over 16 American premiers.  Love, Lies and Taxidermy was a perfect example of how Inis Nua brings UK culture to the US for Philadelphians to enjoy.

Guests gathered at the Louis Bluver Theatre at the Drake for the 7:00 p.m. sold-out showing of Love, Lies and Taxidermy. The Welsh playwright, Alan Harris, attended the show as well. Alan has written 12 plays that have been performed throughout the world. He has also written plays for BBC Radio4 and Radio3. Love, Lies and Taxidermy is his most recent Welsh romantic comedy. The play casts three actors who played multiple roles throughout the show. Francesca Piccioni played Ashely, a teenager struggling with romance and her poor father’s struggling ice-cream truck business. She also played the role of Valentyn’s mother. Joseph Teti played the role of Valentyn who is also an inexperienced teenager dealing with the separation of his parents and his new romance with Ashley. Seth Reichgott held the role of several characters including the both Valentyn’s Polish immigrant farther, and Ashley’s struggling merchant father. The three actors preformed the entire play in European accents, despite all being American.

The minimalist stage design was completely black except for the up-lit taxidermy animals dramatically illuminated throughout the room. The audience was seated in the round, surrounding the stage where the actors performed. The lighting and use of a few props enhanced the plot and kept the audience engaged. There were several references to modern culture and movies including the famous Ron Burgundy which had everyone laughing. Because the play consisted of three people, the actors often provided narration, background, and flashbacks to help the audience understand the plot. The play covered several topics including: romance, poverty, immigration, and various professions. The seemingly happy-go-lucky play was simultaneously dark, emotional, comical, and fun to watch.

After the play, guests walked down the street to Fado’s Irish Pub to meet with the director, playwright, and actors. Guests ate, drank, and mingled for 30 minutes before Efe Sokol, Senior Representative with the Welsh Government at the British Consulate General in New York City, and BABCPHL Board Member, introduced Alan Harris and Tom Reing. Efe thanked them and the other guests before Tom and the audience took turns asking Alan about the play and his creative process. Interestingly, the play was written without assigned characters and names. Tom talked about the difficulty of assigning specific lines to the actors. Two of the three actors, who attended the post-play reception, discussed their methods for interpreting and performing their roles. The conversation continued well into the evening. Efe closed the discussion by thanking everyone who attended, especially Tom, Alan, and the actors. The BABCPHL would like to congratulate Inis Nua for bringing this outstanding Welsh show to the stage in Philadelphia. Visit Inis Nua’s website for additional information about this show as well as upcoming productions.

Click here for photos.


Secretary of State for Wales Philadelphia Visit

British American Business Council for Greater Philadelphia

Secretary of State for Wales Philadelphia Visit

Tuesday, February 13, 2018

Drinker Biddle & Reath LLP

Recap

On Tuesday, February 13, 2018 the BABCPHL welcomed the Secretary of State for Wales, the Right Honourable Alun Cairns for an official visit to Philadelphia. Mr. Cairns was joined by two Board of Trade Advisers: former Chairman of Cardiff Airport and Welsh Development Agency, Lord Rowe-Beddoe and the Chief of Staff for Manchester Airport Group, Collette Roche.  This visit was part of a three-day trade mission to Pennsylvania, New York and New Jersey.  The purpose of this trip was to attract American businesses to invest in Wales and build upon an already strong trading relationship between the two nations; the US is the UK’s largest trading partner.

Under Chatham House Rules, Mr. Cairns candidly spoke with a select group of BABCPHL member companies at Drinker Biddle & Reath LLP’s board room overlooking the Benjamin Franklin Parkway about: UK trade policy; Brexit; UK politics; reasons for investing in the UK; and the new industrial policy that was just released. In addition to speaking with a select group of BABCPHL members during this exclusive lunch, Mr. Cairns, Lord Rowe-Beddoe and Ms. Roche also met with companies operating across various industry sectors throughout the tristate region.

The Right Honorable Alun Cairns was appointed Secretary of State for Wales on March 19, 2016. He was elected as Conservative MP for the Vale of Glamorgan in May 2010, and re-elected in 2015.  Mr. Cairns attended the University of Wales and has a Master’s Degree in Business Administration.  His extensive political career includes: Parliamentary Under Secretary of State for Wales and a Government Whip from July 2014 to March 2016; appointment to Parliamentary Under Secretary of State in the Wales Office in 2014; election as MP for the Vale of Glamorgan 2010; and election as Assembly Member to the Welsh Assembly in 1999.  Before being elected to the Welsh Assembly, Mr. Cairns worked for Lloyds Bank for more than 10 years, mostly in business development, with his last role in financial services compliance.  Mr. Cairns lives in his constituency with his wife and their son.  His father was a welder in British Steel and his mother was a shop-keeper.  He enjoys running and has completed four London Marathons in aid of local charities.  He was the fastest MP to complete the 26 mile course in 2015!

It’s a good thing Mr. Cairns is a runner because as Secretary of State he is accountable for quite a lot, especially during this time of great change. The Secretary of State for Wales is responsible for the overall strategic direction of the Wales Office.  Mr. Cairns’ responsibilities include: overall strategic direction; constitutional and electoral issues; economy and business; budget; infrastructure; foreign affairs; steel; Swansea City Deal/Tidal Lagoon; North Wales Growth Deal/North Wales transport modernization; broadcasting; and exiting the EU.

We find ourselves at a crossroad of major change to the geopolitical landscape. We are pleased Mr. Cairns and his team selected Philadelphia as an important stop on their trade mission itinerary.  The candid discussion and open dialogue was an outstanding opportunity to learn from an insider about what to anticipate post-Brexit.  The Secretary of State wanted to hear from regional business leaders about their questions and concerns regarding UK/US trade.

Special thanks to Ross Allen, Director, Department for International Trade, North America and Deputy Consul General in New York, Department for International Trade, British Consulate-General New York for collaborating with us on this important visit, and to Jason Gosselin, BABCPHL Secretary and Club Level Member from Drinker Biddle & Reath LLP for hosting the meeting.

Click here for photos.


2018 Global Connect Recap

Global Connect
Thursday, January 25, 2018
5:00 – 7:00 p.m.
1313 Innovation Center, Hercules Plaza, Wilmington, DE
Recap

On Thursday, January 25, 2018, the British American Business Council of Greater Philadelphia partnered with the Asian, Chilean, French, German, Irish, Norwegian, Israeli, Russian and Swedish Chambers of Commerce as well as Select Greater Philadelphia and the World Trade Center of Delaware for a tristate area networking event. The program focused on start-ups and entrepreneurial ventures. More than 150 tech professionals and global business leaders participated. Internationally minded executives with operations in Delaware, New Jersey and Pennsylvania thoroughly enjoyed the dynamic evening of networking, noshing and professional growth. Start-ups brought corporate promotional materials for display and to showcase their business objectives. Business cards were exchanged and new valuable global connections were made.

This international event was held in the lobby of Hercules Plaza, home to 1313 Innovation. Founder, Paul McConnell, is a BABCPHL Club Level and Board Member. A few years ago Paul saw a need to build the entrepreneurial community in Wilmington, Delaware and beyond. “There was some startup activity in the City, but we knew it could be so much more” stated Paul. By June 2014, 1313 Innovation was launched, offering more than 10,000 square feet of co-working space, networking, and educational opportunities. 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 global program.

Paul and his team at 1313 Innovation and McConnell Johnson Real Estate, LLC graciously hosted our group. Event sponsors also included: 1776/Benjamin’s Desk; Bartlett & Company; The Fun Department; 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 an entertaining “Who’s Who” ice breaker game led by The Fun Department, 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.


A Musical Adventure in the British Isles Recap

A Musical Adventure in the British Isles
Thursday, January 18, 2018
6:00 – 9:30 p.m.
The Kimmel Center, Philadelphia
Recap

On Thursday, January 18, 2018, the BABCPHL partnered with the Philadelphia Orchestra on a very special event in honor of the Orchestra’s three-week British Isles’ concert series. More than 30 BABCPHL members and friends gathered at the Kimmel Center for a VIP behind the scenes tour; a meet and greet with Philadelphia Orchestra musicians; and reserved seats for the concert.

Geoff Cohen, Associate Director of Audience Development for the Philadelphia Orchestra welcomed BABCPHL guests and led our group through an informative discussion and tour of the awe inspiring building, built to ensure sound quality. Our group stood on the Verizon Hall stage at three different points throughout the evening.  We also explored behind the stage where we saw the microphones, instruments, shipping containers, offices, and dressing rooms.  After the tour we were joined in the Green Room by Matthew Loden, Interim Co-President; David Kim, Concertmaster; and Philip Kates, Second Violinist for the Philadelphia Orchestra.  Matthew, David and Phil spoke with BABCPHL event participants about the Orchestra, and educated us about fascinating facts.  Did you know the Philadelphia Orchestra is the most recorded orchestra in the world, and out of approximately 100 musicians, average musician tenure is about 20 years.  Philadelphia Orchestra musicians are so talented and in sync with one another that when presented with a new program, if necessary, they can be performance ready after only one rehearsal.  The Orchestra is fortunate to own Stradivarius violins from the 1700s, worth millions of dollars.  Some of the musicians play these instruments on stage during the concerts.

During the dynamic question and answer session with the musicians, we were informed there was a special treat in store for us – a bagpipe serenade. Police & Fire Bagpipers were performing with the Philadelphia Orchestra in memory of Lt. Matthew LeTourneau, and the BABCPHL was lucky to have a preview of the performance before the actual concert began.  Before dismissing our group, Michael Pedrick, BABCPHL President thanked our hosts Geoff and Matthew and the musicians David and Phil for the dedicated time they spent with us.  While Orchestra members left to prepare for the concert, BABCPHL guests were encouraged to have a bite to eat and a drink at the PECO Concession Stand or Volver Restaurant, both housed in the Kimmel Center.

Verizon Hall filled quickly as people began to arrive for the concert conducted by Yannick Nézet-Séguin, the inspired leader of The Philadelphia Orchestra. The January 18th concert featured two soloists and pieces by Peter Maxwell Davies, Bruch and Mendelssohn. Juliette Kang, Canadian violinist, who was appointed first associate concertmaster of the Philadelphia Orchestra in 2005, had a solo.  She received a standing ovation for performing Bruch’s fantasia of traditional folk songs from the Highlands and beyond.

The BABCPHL was truly honored to partner with the Philadelphia Orchestra for this wonderful musical adventure in the British Isles. Special thanks to the Orchestra for working with us to offer our members and friends this unique opportunity.  For more information about the Philadelphia Orchestra, and to purchase tickets please click here.

Click here for photos.


President’s Letter

Dear BABCPHL Members and Friends,

Happy New Year! I hope 2018 is off to a great start. I am pleased to report the BABCPHL closed the last quarter of the calendar year with educational forums featuring leading business executives who discussed timely topics such as cybersecurity and Brexit. In December we were joined by Mayor Kenney in welcoming the new Consul-General, Antony Phillipson to Philadelphia during our signature annual holiday luncheon.

During the coming weeks and months we are executing more than a half dozen programs related to pressing global business matters; young tech entrepreneurs; and UK cultural events throughout our region. While the majority of our programs are business oriented, we offer British culture and entertainment related activities as well. All BABCPHL events are valuable opportunities to meet members, network across sectors, and showcase your business or service offerings.

It is our job to promote the trade and investment relationship between the UK and the Greater Philadelphia region. Our Chapter’s jurisdiction includes Southeastern Pennsylvania, Southern New Jersey, and the State of Delaware. Within this geography we are honored to work closely and to collaborate with regional and UK government officials, and other international institutions.

As you read through this newsletter you will find a recap of our recent past activities and upcoming events in which our members may participate, as well as feature articles published by or about our members. We look forward to seeing and hearing from you often this calendar year.

Sincerely,

Michael J. Pedrick
President, British American Business Council of Greater Philadelphia


2017 Signature Annual Holiday Luncheon

On Thursday, December 7, 2017, the British American Business Council of Greater Philadelphia (BABCPHL) hosted our signature annual holiday luncheon in the Grand Ballroom at the Ritz Carlton. The room was abuzz with networking and merriment. We are proud to offer the international business community this opportunity to create valuable relationships and learn current information about pressing global issues related to the UK before the end of each calendar year. This year’s program featured the Honorable Jim Kenney, Mayor of Philadelphia and Her Majesty’s Consul General & Director-General of International Trade for North America, Antony Phillipson. More than 150 international executives and leading UK and regional government officials attended the event.

Michael Pedrick, BABCPHL President opened the meeting and welcomed special guests and keynote speakers. He introduced Mayor Kenney who was eager to take the stage. Mayor Kenney spoke about UK investment in the region and the City’s commitment to UK business ties. He lauded the BABCPHL for our efforts and introduced Consul General Phillipson.

Mr. Phillipson assumed his position in mid-November, and this was his first official trip to Philadelphia. Previously he was Director for International Agreements and Trade in the Department for Exiting the European Union. Antony joined the Civil Service in 1993 and began his career in the Department of Trade and Industry where his posts included Private Secretary and then Principal Private Secretary to the Secretary of State. After four years serving as a Counsellor (Global Issues) in the Embassy in Washington, he was the Prime Minister’s Private Secretary for Foreign Affairs (2004–07) and also was Head of the Iran Coordination Group in the FCO. In April 2011 he was appointed as High Commissioner to Singapore. He returned to London in April 2015 as Director (EU External) in the European and Global Issues Secretariat in the Cabinet Office. As Consul General, Antony will lead the Government’s work promoting UK economic, commercial, political and consular interests in New York and the surrounding area. As Head of International Trade in North America, Antony will lead trade and investment promotion and trade policy throughout the North American region.

Antony assumes his new position at an important time, with the total UK-US trade in goods and services worth more than $200 billion annually supporting more than a million jobs on each side of the pond. The US and UK are each other’s largest foreign direct investors and trading partners. During the BABCPHL lunch Antony addressed topics pertaining to the UK-US economy; the UK-Philadelphia and UK- Pennsylvania economic relationship; and provided a Brexit update. Antony noted the UK is the number one European market for Pennsylvania exports. There are more than 1,550 UK-owned companies that provide more than 53,000 jobs in the Commonwealth. And he explained the current climate and goals regarding Brexit, notably, the UK’s goal is to create a “partnership with the EU to reflect the kind of mature, cooperative relationship that close friends and allies enjoy.” Antony said this new relationship with the EU will be “one that will deliver prosperity and security for the people of the UK, as well as the people of the EU in the future.” Lastly, Antony recognized some of the larger British employers in Philadelphia including sponsor companies HSBC Bank and the Almac Group.

Special thanks to BABCPHL 2017 Holiday Lunch headline sponsors, without whom this program would not have been possible: HSBC Bank USA, N.A.; Morgan, Lewis & Bockius LLP; United Airlines; Almac Group; Deloitte LLP; and The Department for International Trade. Following a delicious lunch, George Tiger, Vice President of Global Business Development for Almac Clinical Technologies; Phil Nuttall, Senior Vice President and Wealth Sales Manager for the Mid-Atlantic Region at HSBC Securities; and Linda Harding, Key Account Manager for the UK for United Airlines, spoke about their companies and connections to the UK.

It would not be a BABCPHL holiday event without some fun and good cheer. Almac Group generously sponsored a Bushmills whiskey tasting, featuring Bushmills Original Irish Whiskey; Red Bush; and ten-year old Single Malt Whiskey. Christmas crackers were popped, paper crowns were donned, and Howard Silverstone, BABCPHL Programs & Events Chairman was the Master of Ceremonies for our coveted gift giving tradition. Our program concluded with nearly 20 raffle prizes given to lucky business card draw winners from local retailers, restaurants, hotels and sports teams, including two United Airlines roundtrip Polaris Business Class tickets to/from US48, Alaska, Hawaii, Canada, Mexico, Central America, Caribbean, and Europe.

Holiday time is about giving, and the BABCPHL is proud to be involved with the local community. A portion of proceeds from this annual event will be donated to the Philadelphia Youth Network (PYN) Work Ready Summer Program. PYN is an intermediary organization dedicated to equipping young people for academic achievement, economic opportunity and personal success. The Group coordinates and supports large-scale, cross-sector initiatives while developing targeted programs to expand access to services for underserved youth.

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.

PHOTOS

PRESS


Brexit & the New Geopolitical Order – Moving Forward, Charting the Economic Relationship Between the UK, EU and the US

On Thursday, October 5, 2017, the BABCPHL hosted a Brexit update seminar. Attendees included members of the British, German, Italian and Swedish Chambers of Commerce, the World Trade Center of Delaware, and the New Castle County Chamber of Commerce. The event was sponsored by BABCPHL Club Level member, McConnell Johnson Real Estate. Networking and the panel discussion took place in the Atrium at the iconic Wilmington landmark building – Hercules Plaza.

Emanuel Adam, Director of Policy & Trade, BritishAmerican Business, who is based in the London office, joined the BABCPHL in Wilmington to moderate the Brexit discussion. Emanuel develops and executes the BritishAmerican Business’ policy advocacy and trade and investment portfolio for British American Business Council (BABC) chapters throughout the world, representing 2000 member companies in the US and the UK. His current key engagements include Brexit negotiations between the UK and the EU and, in this context, the future trade and investment relationship between the UK and the US. He regularly publishes articles, and represents the network and its members in the media. Emanuel was the perfect moderator to lead the more than 50 global professionals who participated in the BABCPHL Brexit seminar through this timely discussion. He commented about the historic relationship between the UK and the US. The countries are each other’s strongest allies, and both the UK and the US are champions of free trade. Emanuel mentioned the UK is committed to addressing global challenges and its willingness to build on the foundations established within a successful EU. He spoke on behalf of the BABC network, and said we will continue to advocate for an outcome that best serves the UK, US, and the EU economies, its citizens, and our businesses, many which operate daily across borders. As companies continue to assess the impact of Brexit to the UK’s attractiveness as a destination for business and investment, it is crucial that parties continue to engage in a constructive and on-going dialogue with the business community, and deliver the best possible Brexit outcome available.

After providing a brief summary of the topic, Emanuel introduced the first speaker – Freya Jackson, Counsellor and Head of the Global and Economic Policy Group at the British Embassy. Freya joined the Embassy team in July 2016. She leads the Embassy’s teams covering a wide range of issues including trade, investment and economic policy, environment and energy, transport and science, research and innovation. Prior to this role, Freya led the Foreign Policy Team in the National Security Secretariat of the UK’s Cabinet Office (NSC equivalent). Before that, she was the Senior Foreign Policy Adviser during the UK’s Presidency of the G8 in 2012. From 2007 to 2011, Freya led the Climate Change and Global Economy negotiating team in the UK’s Mission to the United Nations in New York. Prior to that, Freya worked as the Head of Nuclear & Missile Defense Team for the Security Policy Department, and at various assignments with the FCO across the globe including Buenos Aires, Casablanca, and Mumbai.

Freya spoke about how Brexit came to be, and what potential scenarios lay ahead with respect to negotiated trade deals and the “new world order” the Brexit will create. She commented on Prime Minister Theresa May’s speech in Florence, delivered on September 22, 2017, and explained the UK will seek to establish a transition period of implementation after Brexit. This period will minimize disruption to business during an agreed upon time frame, therefore avoiding a “cliff-edge” scenario. This arrangement will be crucial to our community, and includes major American investors and leading British firms. Freya talked about how we ended up where we are now; touched upon Article 50 being triggered; and mentioned that four rounds of negotiations with the EU have already been completed. Currently the UK is determining how they are going carry out the Brexit. “A few things are clear – the UK plans to: (1) take care of their citizens; (2) protect the Belfast Agreement; (3) protect the rights of EU citizens; and (4) budget – the UK is expected to pay their way.” Freya carefully explained there are two sides of the equation – the economic side and the societal side. Regulatory standards are high, and custom built dispute regulations will need to be established. From a security standpoint, the UK doesn’t want anything to change; the UK would like to continue to support freedom of movement, and access to global markets.

Andrea Montanino, the C. Boyden Gray Fellow on Global Growth and Finance, and the Director of Global Business & Economics Program at the Atlantic Council focused on the transition from multilateral to bilateral trade agreements; geopolitical issues; and what all of this will mean for labor and trade. Andrea leads the Council’s work on global trade, growth, and finance. He formerly acted as executive director of the International Monetary Fund (IMF), representing the governments of Italy, Albania, Greece, Malta, Portugal, and San Marino. Before joining the IMF, he was a career officer in the Italian Ministry of Finance from 2006 to 2012. As director general at the Treasury Department, he worked extensively to alleviate the impact of the great recession on the business sector, drafting and implementing a number of laws. He also spent four years (2001-2005) at the European Commission in the Directorate General for Economic and Financial Affairs. During those years, he worked on the reform of the EU budgetary rules and was responsible for the long-term sustainability analysis of European countries.

Andrea’s expertise perfectly positioned him to explain how looking at what happened with Greece and the “Grexit” is an important example of how to proceed. The world should take away four lessons learned from the Greece experience: (1) Brexit is a very complicated matter and leaders need to be creative and imaginative to solve the problem; (2) due to the complex nature of the situation, sufficient time is required for a positive outcome; (3) both sides need trust and confidence in the other party; and (4) strong political leadership is key.

After Andrea’s comments about the best case scenario of how to proceed with Brexit, Howard Kass, Vice President of Regulatory Affairs for American Airlines, who oversees American’s regulatory compliance, policy development, corporate security and international affairs and works closely with regulatory authorities in Washington, D.C., and around the world, spoke about how Brexit will impact business, specifically the aviation sector. Howard joined US Airways in 2003 as a director and associate general counsel and most recently was vice president, legal and government affairs for the Airline. Before joining US Airways, Howard worked for the Transportation Security Administration, where he held deputy director and director positions. Prior to the TSA, he was a senior associate with the management consulting firm Booz, Allen, Hamilton in McLean, Virginia. He was also a consultant with GKMG Consulting Services where he advised airport and transportation industry clients on Department of Transportation and FAA regulations. During Howard’s presentation he explained how the aviation industry will be affected by Brexit.

Howard focused his discussion on what needs to happen for a smooth transition to ensure minimal disruption to supply chains, transport of people and goods, and global regulations. He explained the interesting challenges Brexit poses, especially for the airline industry, in which travel plans are made at least one year in advance. Aviation is extremely engaged in Brexit discussions. Separate agreements between the UK and US and the UK and the EU will need to be negotiated to ensure people and goods can continue to fly across borders. Brexit poses both political and philosophical challenges.

Currently there is still a great deal of uncertainty. Brexit is unchartered territory, and the UK exit from the EU is forcing the world to rethink future global relationships. Europe will be redefined, and leaders will need to focus on the important relationships between trade groups and companies of all sizes, including a special focus on small and medium sized enterprises. Despite the current ambiguity of the situation, attendees were actively engaged in the seminar, and asked a series of questions after the panelists’ presentations. As Brexit continues to evolve, it is clear that creativity, time, trust, and strong leadership are the way forward.

The BABCPHL extends special thanks to event sponsors without whom this program would not have been possible: 1313 Innovation, American Airlines, Atlantic Council, and McConnell Johnson Real Estate.

Click here for photos

↑ back to top


The BABCPHL recognizes our Club Level Members:

  • Almac
  • American Airlines
  • Bartlett
  • 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