New finance director in Des Plaines

Published

5 months ago

June 19, 2024

Agnes Podbial, Des Plaines finance director
Courtesy of Des Plaines

Agnes Podbial has been named Des Plaines’ new finance director.

Podbial has been the interim director since her predecessor, Dorothy Wisniewski, was promoted to city manager earlier this year.

Podbial has been with the finance department in several roles since 2017, according to a news release. The promotion was effective this week.

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New Blueprint for Financing Community Development (SSIR)

Published

16 mins ago

November 19, 2024

Press Room

New Blueprint for Financing Community Development (SSIR)

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Read more stories by David Fukuzawa, Nancy O. Andrews & Rebecca Steinitz.

Top bankers stress resilience and wisdom key to navigating uncertainty

Published

8 hours ago

November 19, 2024

Press Room

Top bankers stress resilience and wisdom key to navigating uncertainty

The leaders of some of the world’s biggest financial companies firmly believe “resiliency and wisdom” hold the key to a global economy facing geopolitical tensions, financial market jitters and uncertainty about the coming transition in Washington.

Market participants should handle the challenges coming from all directions step by step while keeping faith that the issues can be resolved, they said at the Global Financial Leaders’ Investment Summit in Hong Kong on Tuesday. The event, organised by the Hong Kong Monetary Authority, is in its third year and this year’s theme is “Sailing through changes.”

“We’re seeing everyone recognise we’ve got to build up resiliency,” said Jane Fraser, CEO of Citigroup. “It’s easy to say globalisation is dead. It’s not. It’s just changing tremendously.”

BNP Paribas chairman Jean Lemierre said trade is a matter of negotiation. “The end result will be an agreement because otherwise it would be terrible for each of us.”

Lemierre said that wisdom should lead to solutions for trade tensions, which is all about “tariff, quota, reciprocity and timing”.

“We know the parameters of the discussion, so wisdom should lead to this type of approach,” he said.

Finance

COP29: Carbon Finance Summit – Session 2

Published

16 hours ago

November 18, 2024

Press Room

Greening and scaling up public finance is critical, but it is not enough. Significantly scaling up private sector finance, including through greening value chains, green financial products (e.g. funds and loans) and carbon finance is needed to channel more resources toward activities with a positive impact on the environment and society.