Under the Patronage of
Vice-President and Prime Minister of the UAE and Ruler of Dubai
Chief Investment Officer Global Sukuk and MENA Fixed Income Franklin Local Asset Management Franklin Templeton Investments (ME) Limited Dubai, United Arab Emirates Mohieddine (Dino) Kronfol is the chief investment officer of Global Sukuk and MENA fixed income at Franklin Templeton Investments. Mr. Kronfol is responsible for the investment process, research and performance of the Global Sukuk and MENA Fixed Income teams. He is one of the founding partners and a board member of Franklin Templeton Investments (ME), formerly Algebra Capital, and has been with the firm since its inception in 2006. He is the lead portfolio manager of the FTSF Global Sukuk Fund and FTIF GCC Bond Fund. Dino is a pioneer in Arab capital markets where he has committed the past 20 years to the development of MENA debt markets and Sharia compliant finance across the globe. He has one of the longest track records managing global Sukuk assets, since 2008, and under his leadership, Franklin Templeton has established itself as a leader in Global Sukuk investing. Dino frequently shares his views as a commentator on regional and international media and is a regular speaker at industry events. Preceding his tenure at FT, Dino was part of a small team that, in 2000, helped build from scratch and run what became SHUAA Capital's financial services business. He was initially head of Capital Markets and later became head of Debt Asset Management and, in 2002, fund manager of the first fund to focus exclusively on MENA debt. Prior to that, he was an early employee at one of the first pan-Arab investment banks, Middle East Capital Group (MECG). Mr. Kronfol has received international recognition from clients and peers over the years, winning numerous awards on behalf of the firm and as an individual, including the first Failaka Islamic Award for "The Best Sukuk Fund" in 2010, the first Employee Provident Fund of Malaysia (EPF) Award for "Best Global Sukuk Portfolio Manager" in 2014 (which he won again in 2019) and the MENA Fund Manager Award for "Outstanding Achievement by an Individual" in 2016. The Franklin GCC Bond fund won the Mountain View Fund Award 2019 in the Bond Funds Global category, based on a weighting of the 5, 3 and 1-year Sharpe Ratio among 40,000 funds. Mr. Kronfol holds a bachelor's degree in business administration and an M.B.A. from the American University of Beirut.
15:00 – 16:00
FPI Pillar Session 4 - Social Debt Finance
Socially-themed fixed-income has emerged as a sub-set of environmental and sustainable debt finance, which has experienced significant growth in recent years. Social bonds – the ‘S’ in ESG Fixed-Income is seeing a groundswell of interest.
Social debt finance is a relatively small sub-set of ESG, which is in itself a small sub-set of global fixed-income. But it is at a pivot point and is set to grow rapidly as it institutionalises.
The social debt finance session will explore this broad area, breaking it down into its core segments, accounting for its growth, discussing its potential and explaining how it can be scaled up. The latter will discuss deal sourcing and deal structuring.