On Tuesday 21 November, more than 500 finance professionals gathered at Casino 2000 in Luxembourg for a gala dinner celebrating the inaugural edition of the Finance Awards.

During the event, finance minister Gilles Roth (CSV), Luxembourg for Finance CEO Nicolas Mackel and keynote speaker Clara Durodié, CEO of Cognitive Finance Group, took the stage.

The government will push for tax reforms to entice international finance firms and workers, Luxembourg’s new finance minister Roth said in his first public speech since taking office.

In his introductory remarks, Mackel encouraged the minister of finance to “leverage the expertise that is available in this room in the five years of this government, to constantly discuss and see what ideas they come up with, because I think that there is a pool of expertise, a pool of intelligence that is available, and that definitely should help bringing Luxembourg forward.”

And in her keynote speech, Durodié argued that the pace of change in the sector of artificial intelligence is “unprecedented.” But it’s important to understand the technology before rushing into deployment, she said. The financial sector has a “huge responsibility” to carefully consider the risks associated with AI.

Eight award winners

The winners by category are:

- Capital markets-leading M&A expert: Philippe Harles (Arendt)

- Fintech entrepreneur: Georges Bock (Moniflo)

- Private equity executive: John Penning (Luxempart)

- ESG champion: Laetitia Hamon (Luxembourg Stock Exchange)

- Funds personality: Alexandre Cegarra (Société Générale)

- Insurance personality: Marc Lauer (Foyer)

- Banking personality: Françoise Thoma (Spuerkeess)

- Visionary: Nicolas Mackel (Luxembourg for Finance)

The Paperjam+Delano Business Club would like to thank its partners, AvaloqClearstreamEFG Bank (Luxembourg)Foyer, KPMGLuxCMAQuintetSatisco and Yooz, for their support, as well as Luxembourg for Finance for co-organising these awards.

The winners of the 2023 Finance Awards are also featured in exclusive international media partner, The Financial Times.