The aftermath of the global financial crisis has forced the role of investor relations officials to change rapidly - and it is changing in different ways at different companies.
Some companies see investor relations as a strategic role with very senior practitioners being on the management team. Other companies see investor relations as a compliance role.
As the boundaries of the role continue to shift and demand grows for highly detailed monitoring of market activity, this year’s AIRA’s conference in Sydney on November 20 will focus on these changes.
As an IRO, you have a dilemma: Keep an eye on everything that’s happening and evolving? Or focus on crucial specifics? The choice is width or depth.
Whatever choice you make for your company, one thing is certain. You have to work in an environment of increasing regulation and intense competition for capital.
So this year’s conference will ask the question that goes to the heart of the IR of tomorrow: Where do our responsibilities lie when they can no longer be systematically defined? Opinions, debate, controversy, ideas - expect it all as we confront the fallout from turbulence for Australasia’s IR community.
To help us answer the question, Gillian Karran-Cumberlege, a UK-based consultant who is uniquely positioned to provide insights into how the IR role will develop over the next decade, will lead a panel discussion entitled “The new look IRO: what could the role look like in 10 years?”
Gillian, a leading practitioner in investor relations and corporate affairs, founded Executive Search firm Fidelio Partners. She will be joined by John Murray, Amcor’s executive general manager, corporate Affairs; and Kevin O’Connor, Transfield Services’ general manager, investor relations.
The moderator will be Angus Guthrie, EnergyAustralia’s executive manager, investor relations.
You will come away with a clear understanding of:
- Industry developments that will fundamentally shape the investor relations role over the coming years
- What companies are looking for when recruiting investor relations professionals
- How the background of individual IROs have helped them shape the role within their respective organisations.
An interview with Gillian is also featured in a double page spread in our latest newsletter - to view a copy of the Newsletter, please click here.
In it, she reveals how the global, low growth environment that is beset by uncertain international macro factors affects IROs.
Surprisingly, one of the unexpected benefits is an opportunity for corporations looking to boost their IR credentials by tapping the pool of European and US bankers, investment bankers, brokers and fund managers who have become available.
The keynote address from Warren Hogan, the ANZ’s chief economist, looks at the Asian century to see if it is simply the China century. If it isn’t, how will the economies of China and the rest of Asia evolve over the next decade - and what does this mean for Australia?
Other issues facing IROs to be dissected at the conference include
- Emerging issues in retail and institutional share ownership
- benchmarking investor relations practices against our global peers
- Managing capital in times of low growth
- The major challenges confronting Listed Entities
- The Government’s Reform Agenda
After we have taken a good look at how the future is likely to affect us as IROs, the fun starts. AIRA’s annual awards and gala dinner will recognise companies that have excelled with their practice of investor relations over the past year.
Weekend AFR columnist Anne Fulwood will be master of ceremonies with laughs from entertainer-Comedian Wil Anderson from the Gruen Planet and inspiration from Order of Australia member Grant Mizens, who is an Australian men’0s Paralympic basketball team medallist.
Awards that are up for grabs are:
- Best Investor Relations by a Company in the S&P/ASX 50
- Best Investor Relations by a Company in the S&P/ASX Mid-Cap 50
- Best Investor Relations by a Company in the S&P/ASX "Mid-Cap 100" (the first 100 companies in the S&P/ASX Small Caps Index)
- Best Investor Relations by a Company in the S&P/ASX "Mid-Cap 200" (companies who are ranked from 101 to 200 in the S&P/ASX Small Caps Index)
- Best Investor Relations by a Company in the S&P/ASX Emerging Companies Index
- Best Investor Relations by a New Zealand Company
- Best Investor Day by an Australasian Company
- Best Investor Relations Website by an Australasian Company
- Best Environmental, Social & Governance Disclosure by an Australasian Company
- Most Improved Investor Relations by an Australasian Company
- Best International Investor Relations by a Company in the S&P/ASX 200
- Overall Best Investor Relations by a Company in the S&P/ASX 200
How to book
Conference details: Tuesday, 20 November, The Ballroom, Establishment Hotel,252 George Street, Sydney, 8.30am - 5.00pm. To book your place at the conference, please click here.
Awards and gala dinner details: The Grand Ballroom, Four Seasons Hotel, 199 George St, Sydney 6.30pm-9.30pm. To join us for dinner and the awards, please click here to book your place.