The second day of Trade Winds 2019 – The Annual Business Conclave at IIFT Delhi commenced with National Finance Summit and was followed by National Trade Summit.
As part of the National Finance Summit, IIFT hosted a panel comprising of Mr. Sanjay Khanna, Senior Leader, A fortune 100 Company, Mr. Rajeev P Pawar, Managing Partner, The Treasury Office, Mr. Gopal Menon, COO & CFO, Axis Asset Management Company Limited, Mr. Amitesh Sinha, Head of Finance, LinkedIn India, and Mr. Sameer Seksaria, Vice President and Head of India Operations, Franklin Templeton Investments. Dr. Sheeba Kapil, Professor, Finance at IIFT moderated the discussion.
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Discussing the theme of the summit “Innovation stimulating Personalization in Financial Services”, speakers talked about product innovation and product personalization in all categories of financial services. They exchanged views on a range of topics including but not limited to personalized triggers, systematic withdrawals, chatbots, and robotic process automation. “Ultimately it is about making simple products that are understandable to people and that are based on the needs of the people.” said Mr. Menon.
As part of the National Trade Summit, IIFT hosted a panel comprising of Mr. Anuj Agrawal, Coffee – Head, India, Louis Dreyfus Company, Mr. Mahim Sharma, Shipping and Logistics Head, Glencore Agriculture, Mr. Hitesh Jain, Director, First Metal Corp and Mr. Jagjyot Singh, CEO, Great Wall Group. The theme of the summit was “Customization in International Trade: Perils & Opportunities”. Dr. Ram Singh, HOD, Trade Operations & Logistics at IIFT moderated the discussion.
“Even in trade, customization is not an option. It is a necessity”, said Mr. Mahim Sharma. Mr. Hitesh Jain opined, “The product is still the same. It is the services that are being highly personalized”. The speakers touched upon customer’s ever-increasing demands for better products, the role of technology in customization & consumer insights, on-time delivery, seamless supply chain and the importance of blockchain going forward despite the technology being fairly nascent.
The panelists unveiled “Infineeti” and “Inside Trade”, the annual magazines by the Financial Society of IIFT and BLASH – The International Trade Club of IIFT respectively.
The third and final day of Tradewinds 2019 will have National Marketing Summit and National Leadership Summit.