The Risk Management & Governance Conference ‘Aligning Risk Management with Business & Profitability Goals' 26-27 March 2007
Proceedings Chairman
Prof. Michael Ong, Professor of Finance, Stuart Graduate School of Business, Illinois Institute of Techonology
About the Conference
At this stage of its maturity, risk management plays a significant role in the profitability and success of a financial institution’s business. And as the practice of risk management advances, the senior practitioners who gather at the Summit each year are seeking ideas and techniques that can give a financial institution the leading edge in an intensely competitive marketplace.
To both broaden and deepen the risk management discussions at the eighth Summit, we have created concurrent sessions focusing on credit, market and operational risk. Each is designed for incisive examinations of issues the industry considers as salient, from a practical viewpoint.
In 2007, we are placing emphasis on the need for reforms in regulation and compliance. All over the world, financial institutions are despairing under the financial and operational burdens of regulatory compliance for no demonstrable benefits. How can regulatory oversight be reformed to meet the aims of establishing stability yet avoid stifling banks’ innate drive to achieve profitability?
In-depth discussions on credit, market and operational risk will also center on the issue of profitability. Will the relatively new opportunities for risk transfer, mitigation and hedging – particularly in derivatives and swaps – ultimately result in lower risk and higher profits in the real world, neatly conceived models nothwithstanding? Or are they adding an insidious layer of risk that will jeopardise the global financial system?
To facilitate greater depth and breadth in our discussions in March 2007, the agenda will feature concurrent streams:
This conference agenda features concurrent streams within the risk management proceedings:
Frontiers in Credit Risk
Frontiers in Market Risk
Frontiers in Operational Risk
A Rich Learning Experience And An Opportunity To Network Designed For:
Chief risk officers
Chief credit risk officers
Chief market risk officers
Chief operating officers, chief financial officers and senior operational staff with responsibilities in operational risk
Executives from credit bureaus and credit agencies
Senior executives from regulatory authorities
Board members and senior management responsible for risk management, audit, compliance, corporate governance and regulatory oversight
Senior representatives from leading global consulting firms with core competencies in areas such as risk management, corporate governance, compliance, accounting standards and other key tactical areas
Confirmed Speakers in the Risk Proceedings Include:
Mr Tsuyoshi Oyama, Deputy Director-General, Financial Systems and Bank Examination Department, Bank of Japan and Member of the Basel Committee on Banking Supervision
Mr Robert G. Pickel, Executive Director & Chief Executive Officer, International Swaps and Derivatives Assocition, Inc. (ISDA)
Mr Donald H. MacKenzie, Senior EVP & Chief Risk Officer, Kookmin Bank, South Korea
Dr Jochen Felsenheimer, Head of Credit & Credit Derivatives Strategy, HVB
Mr Keith Shachat, CEO, Peninsula Capital Corporation, South Korea
Dr Khoo Guan Seng, Head, Innovation Unit, Singapore Exchange
Mr Patrick Tuohy, Asia Head, Alternative Funds Group, HSBC Private Bank
Mr Kim Ivey, Managing Director & Chief Investment Officer, Vertex Capital Management, Australia
Dr Matteo Tonello, Co-Director, Working Group on Enterprise Risk Management, The Conference Board Governance Center, USA
Mr Rowan Bosworth-Davies, International Financial Crime Consultant
Mr Charles A. Richard III, Co-founder, Senior Vice President,
Quantitative Risk Management, Inc.
Mr Jeffrey Hoo, Compliance & Security Management Field Director,
Asia Pacific, Symantec
Mr Tan Hooi Chuan, Director, Financial Services Industry Marketing, Business Objects
…. and other influential figures in risk and supervision
Welcome by the Chairman of The Risk Management & Governance Conference The Risk Management & Governance Conference Keynote Session Corporate Governance & Risk Management ~ A Practitioner’s View
The roles the board, chairman and CEO and benchmarks for effectiveness
Issues in understanding key realities about the enterprise, such as internal tensions, corporate culture, behaviour and other crucial details
The board’s roles in risk management and control
Avoiding accounting myths
Rethinking executive remuneration and performance benchmarks
Measuring & Aligning Capital Requirements For Operational Risk ~ Finding The Rainbow’s End
Issues in implementing the Advanced Measurement Approach, particularly for Asian banks
Building an operational risk measurement and management system ~ asset measurement, qualitative risk indicators, scenario analysis, loss estimation and other parameters required
Developing causal operational risk models and structured stress testing
Developments in operational risk mitigation and their use in determining capital requirements
What can be done with operational risk factors that cannot be quantified or controlled?
The Shape Of Financial Services In The New Century ~ Preparing Asian Banks To Be Responsive Players In A Dynamic Global Economy
In the post-Basel II world, a confluence of factors is changing both the role of financial institutions in economic and financial stability and the institutions’ own competitiveness in rapidly evolving environments. These factors include the greater influence of capital markets, monetary policies, financial market supervision and infrastructure, technological advances and other critical developments upon the world’s economies and businesses. What mindset and structures will Asia’s financial institutions need to excel in this environment?
* Speakers are at various stages of confirmation. We will be updating this website regularly as we receive confirmation.
Pre & Post Summit Activities
The 2007 Summit will also feature several special programmes:
The Leadership Advisory Forum for CEOs of leading banks on 26 March.
The Asian Banker Achievement Awards (by invitation only) on 25 March. This prominent event is an annual recognition of Asia’s most influential senior executives in financial services. The dinner-awards ceremony is attended by key government officials and the Asia Pacific’s most powerful decision makers in financial services.
The Forum on Microfinance for Commercial Banks, presented jointly with Bank Rakyat Indonesia’s International Visitors Programme on 25 March.
One Day Briefing and Tour of Indonesian Banks that have demonstrated leadership in various areas, such as microfinance, branch banking, marketing, consumer education and corporate transformation on 28 March.
