For Immediate Release
August 25, 2014
Michael Sullivan, GOED Communications Director
Global Banking Expert Mitigates Utah’s Financial Risk Concerns About Exporting
Using the right tools and resources will put business leaders at ease about selling abroad
Salt Lake City, UTAH — With more than 30 years of banking experience, Executive Vice President and Chief Credit Officer Connor Duffey of Wells Fargo Global Banking will address attendees at this September’s Utah Global Forum. Duffey will speak on finance risk mitigation to help Utah understand how to lessen the risk of selling abroad.
Duffey will start by mentioning some of the risk factors that companies face when they expand internationally, such as foreign law, war, failure of foreign banks and more. He will then outline the tools and resources available to companies to mitigate these risks. Eliminating the unknown and educating attendees about available resources will increase the confidence of business leaders entering the global marketplace.
The Global Banking unit at Wells Fargo provides large corporate and middle-market companies with full access to all of the firms international financial services. Global Banking has U.S. coast-to-coast locations, as well as offices in Hong Kong, London, Mumbai and nine more international cities. Duffey is responsible for credit supervision, policy and quality of Global Banking’s loan portfolio.
Before his position at Global Banking, Duffey oversaw a team of banking professionals in Dublin, Frankfurt and London, where he managed relationships with large European multinational clients and provided banking services to European subsidiaries of key U.S-based clients.
Any company with an intent in growing or starting their firm in exporting must attend the Utah Global Forum, presented by Governor Gary R. Herbert. UGF is Utah’s premiere international event organized to connect Utah business owners, leadership, sales and marketing professionals with individuals and companies who already have a strong presence in the exporting ecosystem.
The event will attract a broad domestic and international business audience that attendees and sponsors can connect with to create the necessary contacts to export more efficiently and economically to the global marketplace.
In conjunction with World Trade Center Utah, the Governor’s Office of Economic Development and the Salt Lake Chamber, Governor Gary R. Herbert will present this forum on Sept. 24 in the Salt Palace, Grand Ballroom. To register, visit utahglobalforum.com. Registration is limited and will sell out quickly.
Connor Duffey, executive vice president and chief credit officer, Wells Fargo Global Banking
About the Utah Governor’s Office of Economic Development (GOED)
The Governor’s Office of Economic Development (GOED) charter is based on Governor Gary Herbert’s commitment to economic development statewide. Utah’s economic development vision is that Utah will lead the nation as the best performing economy and be recognized as a premier global business destination. The mandate for this office is to provide rich business resources for the creation, growth and recruitment of companies to Utah and to increase tourism and film production in the state. GOED accomplishes this mission through the administration of programs that are based around targeted industries or “economic clusters” that demonstrate the best potential for development. GOED utilizes state resources and private sector contracts to fulfill its mission. For more information please contact: Michael Sullivan, 801-538-8811 or firstname.lastname@example.org