AECM Virtual Annual Event:
22 – 24 September 2021

Guarantees for economic recovery and to foster sustainable investments



– For members only –

22 September 2021

13h00 – 14h00

Meeting of the outgoing Board of Directors


14h30 – 16h30

Meeting of the ordinary General Assembly
Interpretation: DE, EN, ES, FR, IT

17h00 – 18h00

Constitutive meeting of the Board of Directors





23 September 2021

10h00 – 12h00

Public Session of the General Assembly  




  • Chairman of AECM 

Key note addresses:
How to achieve a speedy and full recovery

  • Kerstin Jorna, Director General, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), European Commission 
  • Alain Godard, Chief Executive, European Investment Fund
  • Véronique Willems, Secretary-General, SMEunited

Financing the digitalisation of SMEs

Moderator and introductory speaker:
, Deputy Head of the SME and Entrepreneurship Division, Centre for Entrepreneurship, SMEs, Regions and Cities, OECD


Concluding remarks

  • Chairman of AECM 

End of the public session of the General Assembly

14h00 – 15h45

Public International Summit 



Welcome to the international summit

  • Chairman of AECM 
  • José Fernando Figueiredo, Special Honorary Chairman of the European Association of Guarantee Institutions (AECM) with the special mandate for international relations, and Coordinator of the Global Network of Guarantee Institutions (GNGI)

Keynote address:
How to make SMEs around the world fit for future

  • Matthew Gamser, CEO, The SME Finance Forum

From continent to continent:
Recent trends in the guarantee industry

Moderator and introductory speaker:
Ghada O’Teima, Global – Principal Operations Officer, Financial Institutions Group, International Finance Corporation (IFC)

  • Asia
    Sang-il Kim, Deputy Director, International Affairs Team, KODIT, Korea

  • Ibero-America / Latin-America
    Beatriz Freitas, President of The Ibero-American network of guarantees association (REGAR) and Chairwoman of the Board of Directors, Banco Português de Fomento (BPF), Portugal

  • The MENA region
    Nagla Bahr, President of the Euro-Mediterranean Guarantee Network (EMGN) and Managing Director, Credit Guarantee Company (CGC), Egypt 

  • Europe
    Katrin Sturm, Secretary General, European Association of Guarantee Institutions (AECM)


Concluding remarks

  • Mohammed Al-Jafari, Director General, Jordan Loan Guarantee Corporation (JLGC) and  Coordinator of the Global Network of Guarantee Institutions (GNGI)

End of the international summit

16h00 – 17h00

Annual meeting of the GNGI 
for members only


  • Approval and presentation of new members of the GNGI
  • Activity plan 2021 – 2022 / Topics for webinars
  • Next meeting
  • Any other business

Concluding remarks

  • José Fernando Figueiredo, GNGI Coordinator

End of the GNGI meeting




24 September 2021

Seminar “Guarantees for economic recovery and to foster sustainable investments”  


Opening statement

  • Chairman of AECM 

Keynote addresses:
Factors required for economic recovery

  • Edouard Fernandez-Bollo, Member of the Supervisory Board, European Central Bank (ECB) “ECB supervisory priorities”
  • DOWNLOAD PRESENTATION Peter Simon, Managing Director European Savings and Retail Banking Group as well as Managing Director World Savings and Retail Banking Institute
  • Lina Konstantinopoulou, Policy Director, Eurochambres – the Association of European Chambers of Commerce and Industry

Panel 1

Fostering sustainable investments

Moderator and introductory speaker:
Giuseppe E. Gramigna, Advisor to AECM, Consultant to the World Bank Group and former US SBA Chief Economist, USA
Technical Screening Criteria and Taxonomies for Environmentally Sustainable Activities and their Financing – The MSME Dimension

  • DOWNLOAD PRESENTATION Pietro Calice, Senior Financial Economist, Europe and Central Asia, The World Bank
  • DOWNLOAD PRESENTATION Sumeet Manchanda, Associate Director, Lead EU & Bilateral Green Finance, Energy Efficiency and Climate Change, European Bank for Reconstruction and Development (EBRD)
  • Christian Fahrholz, Head of Unit Corporate Finance and Financial Markets, Association of German Chambers of Industry and Commerce (DIHK) and member of the Board of Directors of the Association of German Guarantee Banks (VDB), Germany



Panel 2

Fostering SMEs’ resilience: The role of equity and mezzanine finance

Moderator and introductory speaker:
DOWNLOAD PRESENTATION Christian Dubarry, Head of European and International Relations, Bpifrance, France

  • Gerhard Huemer, Director Economic Policy, SMEunited
  • DOWNLOAD PRESENTATION Guy Selbherr, Managing Director of the SME-oriented investment company of Baden-Württemberg (“Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH”/ MBG Baden-Württemberg) as well as Managing Director of the Guarantee Bank of Baden-Württemberg (“Bürgschaftsbank Baden-Württemberg”), Germany
  • DOWNLAOD PRESENTATION Doris Agneter, Managing Director of a promotional institution providing guarantees and participations to SMEs based in Lower Austria (“NÖ Bürgschaften und Beteiligungen GmbH“ – NÖBEG), Austria



Panel 3

Financial instruments: EU support for a successful recovery

Moderator and introductory speaker:
Giorgio Chiarion Casoni, Director, InvestEU and financial institutions, Directorate-General for Economic and Financial Affairs (DG ECFIN), European Commission

  • Astrid Bartels, Head of Unit, Access to Finance, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), European Commission
  • Stéphane Ouaki, Head of Department E, European Innovation Council and SMEs Executive Agency (EISMEA), European Commission
  • Michael Pielke, Head of Unit, Bulgaria, Croatia, Poland, Slovenia; Financial instruments, Directorate-General for Agriculture and Rural Development (DG AGRI), European Commission
  • Jonathan Denness, Head of Unit, Financial Instruments and International Financial Institutions Relations, Directorate-General for Regional and Urban Policy (DG REGIO), European Commission
  • Andrea Bomhoff, Head of Unit, State aid — Financial institutions III, Directorate-General for Competition (DG COMP), European Commission
  • Christa Karis, EIG – Head of Strategy and Business Support, European Investment Fund (EIF)
  • Giorgio Venceslai, Executive Director, ISMEA, Italy
  • Kiril Velitchkov, Director European Projects and Financial Institutions, UBB, Bulgaria, Manager of KBC Group European Financial Instruments Competence Center

Closing Remarks

  • Chairman of AECM 

End of seminar

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