Panel VI: High Tech - IT, Telecom, and more (left to right) Andrew Somers, President of American Chamber of Commerce in Russia, Johan Vanderplaetse, President of Alcatel Russia, Joseph Alsop, CEO of Progress Software and Mikhail Krasnov, President of Verysell discuss the opening of techno parks and advantages of outsourcing of IT to Russia



Peter O. Koelle, Chairman of the Board, International Moscow Bank, left, and Mikhail Krasnov, President of Verysell (left to right)




Panel VII: A View from International Financial Institutions (left to right) Joseph Stanislaw, Co-author of “Commanding Heights”, Johnny Akerholm, President of Nordic Investment Bank, Steven Kaempfer, First Vice President, EBRD, Robert Drumheller, VP, OPIC, Edward Nassim, Director, International Finance Corp and John McAdams, SVP, Ex-Im Bank comment on the important role IFIs play in mobilizing investment in Russia’s regions and providing SMEs access to capital



Edward Nassim of the International Finance Corporation and John McAdams of Ex-Im Bank (left to right)

Johan Vanderplaetse, President of Alcatel Russia, Joseph Alsop, CEO of Progress Software and Mikhail Krasnov, President of Verysell








Andrew Somers, President of American Chamber of Commerce in Russia, Joseph Alsop, CEO, Progress Software and Van McCormick, Director of IEA (left to right)



Joseph Stanislaw, co-author of the book Commanding Heights posing questions to Johnny Akerholm, President of Nordic Investment Bank during Panel VII (left to right)









Andrew Somers, President of American Chamber of Commerce in Russia giving an update about Russian negotiations toward accession to the WTO and introducing the next speaker - Andrei Illarionov, Advisor to President Putin

Panel VIII Opportunities in Russia’s regions (left to right) Blair Ruble, Director, Kennan Institute, Hubert Pandza, Director, Russia and Central Asia Business Group, EBRD, Sharon Tennison, Founder and President, Center for Citizens Initiatives, Alexey Stukhanov, Administration of Tomsk Region, Alexey Mikheyev, Deputy Chairman Business Council Government of Moscow discussing the investment climate and opportunities in Russian regions

Hubert Pandza, Director, Russia and Central Asia Business Group, EBRD commented that the investment climates and opportunites are very different in each of Russia's 89 regions

Panel IX: IPO Boom? Public and Private Capital Markets Where to have an IPO - London Stock Exchange or NYSE? Robert Lawrence, Professor, John F. Kennedy School of Government, Charlotte Crosswell, Head, NASDAQ International Inc., Noreen Culhane, Executive Vice President, New York Stock Exchange, Holly Nielsen, International Counsel, Debevoise & Plimpton LLP, and Alexis Rodzianko, CEO, Deutsche Bank Ltd. (not in the picture) discuss the recent boom in Russian IPOs and advantages of listing in London and New York



Charlotte Crosswell, Head, NASDAQ International Inc. and Van McCormick, Director of the IEA.






Panel X: Energy - The New Great Game Recent consolidation in energy sector and a need for greater competition in energy transportation was brought up during the Energy panel: (from left to right) Daniel Yergin, Chairman, Cambridge Energy Research Associates, Alexander Braverman, Chairman, Russian Marketing Association John Brodman, US Deputy Assistant Secretary of International Energy Policy and David Zaikin, CEO, Siberian Energy