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2005 Citi Conference in Leadership & Ethics

Second Annual Conference in Leadership & Ethics
“Institutional Investors as Owners”
February 4, 2005

The purpose of this second annual conference - sponsored by the generous support of the Citi Foundation - was to bring together academics, practitioners, regulators, and selected students to consider the evolving, and increasingly proactive, role of institutional investors in the broader financial markets. Press release.

The conference featured a comprehensive agenda beginning with a keynote speech by John H. Biggs, the former Chairman, President and CEO of TIAA-CREF and the 2004-2005 Citigroup Distinguished Fellow in Leadership and Ethics. Mr. Biggs's address was entitled "Strong Managers, Weak Boards, Passive Owners: A Fair Description?"

A panel discussion entitled "The Power of the Proxy," moderated by Ingo Walker, Director of the NYU Global Business Institute, followed the keynote address.

Luncheon included a discussion moderated by William Allen, Director of the NYU Center of Law and Business.

The afternoon panel entitled "Institutional Activism" was moderated by Roy C. Smith, the Kenneth Langone Professor of Entrepreneurial Finance at Stern and a former Goldman Sachs partner.