SETTING THE BENCHMARK FOR PROFESSIONAL DEVELOPMENT AND NETWORKING, THE LEGAL ERA GENNEXT CONGRESS ON
THEME: GEOPOLITICS, BUSINESS & LAW: UNDERSTANDING IMPACT, CHALLENGES & DEVELOPMENT ACROSS THE WORLD
The 9th Annual GENNEXT Business & Law Congress, 2020, to be held on March 6th and 7th, 2020, at HOTEL TAJ LANDS END, MUMBAI, INDIA, will see thought leaders and policymakers congregate to discuss the impact of geopolitics on business and how organizations can tide over threats while cashing in on opportunities.
The past few years have brought a wave of reforms for India; demonetization, the Goods and Services tax (GST) and the Fugitive Economic Offenders’ bill, not to mention the lending of more teeth to the Prevention of Money Laundering Act, Companies Act and the Insolvency and Bankruptcy Code. Barely days ago, the Judiciary brought a contentious socio-political issue to its logical conclusion by ordering that the disputed land in AYODHYA be handed over to the RAMJANMABHOOMI trust for building a Ram temple and an alternate five acres of land be handed over to the SUNNI WAQF BOARD for building a mosque. However, as India pushes on all fronts to occupy pride of place in the world, it cannot afford to ignore the key geopolitical undercurrents driving business and governance across the globe.
For starters, we are moving from a US-dominated to a multipolar world partly due to the growth in emerging economies and partly due to inequality and political discontent in developed markets. This will result in intensely higher levels of complexity for businesses spanning the globe. Secondly, Western democratic models are being challenged by alternative political systems that have proved more resilient and less fractious while tackling global challenges. Thirdly, the 4th Industrial Revolution is well upon us, and its formidable combination of big data, analytics and technology promises to disrupt not only global business but also our world order. These major shifts are manifesting themselves in developments such as the corroding relations between USA and China, internal and external challenges to the unity and stability of the European Union (EU), and a move towards evolution and not revolution in global trade relations, among others.
Geoffrey D. Creighton is Chief Executive Officer (volunteer) of In-House Counsel Worldwide (ICW), the international network of in-house bar associations. A Chartered Director (C.Dir.) and Certified In-House Counsel (CIC.C), he is a member of the Independent Review Committee of BlackRock Canada, and a ‘public member’ of the Board of The Financial Advisors’ Association of Canada. Geoff was formerly SVP, General Counsel of IGM Financial Inc, a public financial institution in the Power Corporation group of companies. In that role, he was responsible for overseeing the legal, compliance and corporate secretarial functions of Investors Group and Mackenzie Investments. Prior to joining IGM in 2008, Geoff was a partner with Torys LLP, focused on M&A, complex corporate finance and corporate governance. Currently the Chair of the judging panel for the Governance Professionals of Canada’s Excellence in Governance Awards, he is a frequent speaker on governance and legal matters. Geoff is also a Past-Chair of the Canadian Corporate Counsel Association.