Davos 2023: Inglosus CEO On Maintaining Sustainable Ecosystems With Reliable Energy Sources

The World Economic Forum held its annual meeting in Davos, Switzerland, last month. During this event, organizations such as the INGLOSUS Foundation, chaired by Dr. Nader Maleki — CEO of Maleki Corporate Group and president of the International Bankers Forum — held gatherings nearby to bolster the annual meeting’s messaging around sustainability.

Benzinga attended and spoke with Dr. Maleki about maintaining sustainable ecosystems with reliable energy sources and limited malnourishment, the theme of the INGLOSUS event.

Here is a lightly edited transcript of the conversation.

See Also: Venly CEO Discusses Gaming, E-Commerce, Regulating Custody Solutions

BZ: Nice to meet you in person. You are a big name in Europe, and it is truly an honor to be speaking with you. Care to start off with an introduction?

Maleki: Naturally, I am Iranian and came to Germany to study. After finishing my Ph. D, we had a revolution in Iran and I waited to see what would happen. While waiting, I joined Deutsche Bank AG DB. However, it turned out that I would live my whole life in Germany.

What were you doing at Deutsche Bank?

I was in the credit department, to start. Then, I moved to the bank’s headquarters in Frankfurt where I worked in international finance and as a personal assistant.

In surviving this job, I got to choose a job that I would like to do. I became a chief in project financing. However, my heart was always with communications and I proposed to the bank that they start a department. I became the head of this new department and organized the International Bankers Forum.

You ended up leaving Deutsche Bank.

I left Deutsche Bank after setting up what you can call branches of the International Bankers Forum. At the same time they were thinking about setting up a new currency in Europe called the euro. I then decided to organize the European Banking Congress at my own risk. What helped this endeavor succeed was, in part, Boris Yeltsin, the former President of Russia, and Anatoliĭ Aleksandrovich Sobchak, the former mayor of St. Petersburg and boss of Vladimir Putin. I was lucky to have Sobchak at the conference. This is like having President Joe Biden come to a conference of yours. This was an important moment that resulted in many banks’ sponsorship interests. The conference exists since 30 years ago.

What were some of the neatest interactions that came about in this endeavor?

I once received a call to host Bill Gates. I said, “Yes, of course, I want to have Bill Gates.” The Ambassador of Spain asked for an appointment, as well. He came to me and asked that I give the president of Spain a floor. We even had Alan Greenspan come talk at our conference.

What’s your definition of sustainable finance?

I think that you should use sustainable finance to reach the SDG (sustainable development goals) of the United Nations.

Tell me a little bit about organizing this event.

The INGLOSUS Foundation is a nonprofit organization that’s not allowed to make a profit. Nobody believed that I acted out of my desire to do good because I was very successful in my career and made a lot of money. Earning money was not a major goal of mine. I call the ideas, or Melodies; I want to realize the source of my inspiration. The reason I established the INGLOSUS Foundation as a nonprofit is to express my passions in a pure manner.

The theme of this year’s World Economic Forum is "Cooperation in a Fragmented World." How do you see the world coming together when it is so fragmented?

This is a very difficult question. Technology will help. You have heard a lot about cryptocurrencies, and I think that will play an important part. Technology will change a lot, and we will reach our goals with these new technologies.

Photo: Courtesy INGLOSUS