Volcker to deliver keynote address at financial forum

Abu Dhabi: The 2012 Global Financial Markets Forum (GFMF) will start on February 29 in Abu Dhabi with a keynote address by Paul Volcker, the former chairman of the US Federal Reserve System and econ-omic adviser to President Barack Obama.

GFMF, the annual conference organised by the Financial Markets Division of the National Bank of Abu Dhabi (NBAD) will last until March 1.

Volcker's address is titled The Future of Global Financial Markets and the Impact of the Volcker Rule.

In his capacity as adviser to Obama, Volcker proposed a set of financial reform rules that included restricting commercial banks from proprietary trading.

Mahmoud Al Aradi, the Senior General Manager of NBAD's Financial Markets Division, said that Volcker is an ideal choice to speak about markets' recent and future challenges.