Enterprise Risk Management - Agenda

Home

Overview

Register

Agenda - London

Agenda - New York

Agenda - Hong Kong

Benefits of Attending

Who Should Attend

Testimonials

Sponsor

Venues

Accommodation

Contact Us

ProgrammeSessionList

Agenda - London

Thursday 18th September 2008

Thursday, 18th September 2008

08:15	Registration and Refreshments

09:00	Welcome from FT Global Events

09:05	Chairman’s Opening Remarks Michael Imeson, Contributing Editor, FT Global Events

09:15	The Chief Risk Officer’s vision Enterprise risk management: the concept. Key objectives: more effective risk management overall, better balance of risk v. return, more efficient capital allocation, greater stability, reduced losses, improved business performance, higher profits, enhanced shareholder value. Key components: strategy, process, technology…people. Why Enterprise risk management is especially relevant in today’s turbulent financial markets: - The business imperatives: the quest for stability, performance and profitability. - The regulatory imperatives: recommendations made by the Financial Stability Forum, the Basel Committee and others will require financial institutions to review their risk management strategies. Alexander Gräwert, General Manager Integrated Risk, Fortis

09:50	Panel Session: Regulatory reactions to the credit crisis and the implications for financial institutions Regulators worldwide – supranational and national – have recommended drastic changes to the way countries supervise their financial systems. The Financial Stability Forum’s Report on Enhancing Market and Institutional Resilience. Recommendations from other regulatory bodies and finance ministries: Basel Committee on Banking Supervision, IOSCO, IAIS, IASB, CPSS, IMF, CGFS, HM Treasury, US Treasury. Implications for financial institutions’ risk management strategies and practices and recommendations from the Institute of International Finance. Panel Moderator: Michael Imeson, Contributing Editor, FT Global Events Panelists: David Strachan, Director of Financial Stability, Financial Services Authority Catherine Dias, Senior Adviser, Regulation Policy and International Affairs Division, Autorité des Marchés Financiers (AMF) Andrew Cross, Managing Director, Risk Measurement and Management, Credit Suisse Christian Lajoie, SVP – Basel II Group Co-ordinator, BNP Paribas Andrew Jennings, Chief Basel II Regulatory Liaison, Citi

10:50	Refreshments Break

11:15	Panel session: The drivers and benefits of ERM Why Enterprise risk management is high on the agenda: corporate governance needs for transparency and stability; regulatory requirements; derivatives and “risk trading”; financial crime; risk-based performance management (economic capital, RAROC, internal capital adequacy assessment process); breaking down risk management silos and creating an integrated approach. The benefits of Enterprise risk management: stability, performance, profitability (eg reduced losses, protection against reputational damage, better capital allocation, improved client selection and product pricing). The obstacles: why some financial institutions are a long way from achieving Enterprise risk management. - Embedded silo mentality. - Difficult to change management and staff culture. - Complex metrics. Panel Moderator Philip Martin, Chairman, Institute of Operational Risk Panel Framer Alastair Sim, Director, Strategy and Marketing, SAS Panellists Lutz Schiermeyer, Risk Director, SAS Dan Wilkinson, Director of Operations, Risk and Compliance, Travelers Jared Siddle, Head of Risk Management, Fidelity Investments Stuart Burns, Head of Corporate Risk Analytics, HSBC

12:15	Customer relationships: balancing liability risk with profitable opportunity Customers are both a source of risk and profit. How do you manage the balance? Managing credit, market and operational risk; allocating capital; reaping the commercial rewards. How customer liability risk management can enhance profitability – for both customer and financial institution. Richard Bartholomew, Head of Risk Management, EMEA, Northern Trust

12:50	Concluding Remarks

13:00	Drinks and Buffet Lunch

In Association With SAS

Official Publication


	Subscribe		Recommend to a friend		Print this page