Eleventh Annual Risk Management Conference
Eleventh Annual Risk Management Conference
This international conference will provide a platform for policy makers, regulators, industry executives, and researchers from academia and industry to enhance their risk management techniques, explore the latest investment strategies and manage the fundamental regulatory changes in the financial sector. The conference begins with a half-day policy forum where the focus of talks will be on policy initiatives, regulatory changes and industry developments. The second half of the day of the conference is a scientific program where researchers will present on recent theoretical developments, analytical techniques and empirical findings in the field of risk management. A pre-conference workshop on Credit Portfolio Management is organized in collaboration with the International Association of Credit Portfolio Managers.
Agenda
| Pre-conference Workshop | 5 July 2017 |
| Eleventh Annual Risk Management Conference | 6 July 2017 |
Speakers
Plenary Speakers
David X.Li
David X.Li
Investment Senior Vice President,
Head of Enterprise Risk Methodology and Analytics,
Prudential Financial Company
Dr. David Li joined Prudential Financial Inc. as SVP and Head of Enterprise Risk Methodology and Analytics in March 2016. From January 2012 to March 2016 he worked at AIG as Senior Managing Director and Head of Modeling for AIG Investments. From May 2008 to January 2012 he was a Managing Director and Chief Risk Officer at CICC where he was responsible for the risk management group, quantitative analytics group, and a new product group. Previously Dr. Li served as Global Head of Credit Derivative Quantitative Analytics from June 2004 to April 2008. Before that, he worked at Citi Group as Global Head of Credit Derivative Research from October 2001 to May 2004, in AXA Financial as Vice President of Risk Management from March 2000 to October 2001, in the Risk Metrics Group (RMG)/J. P. Morgan as Partner from January 1999 to March 2000, in CIBC as Executive Director in the Financial Products Group from August 1996 to December 1998, in RBC as Manager in Risk Management from May 1995 to July 1996, and he taught at the University of Manitoba as Assistant Professor in Actuarial Science/Finance from July 1994 to May 1995.
Dr. Li obtained his PhD Degree in Statistics and Master's Degree in Actuarial Science from the University of Waterloo in 1995 and 1993 respectively, Master's Degree in Business Administration (MBA) from Laval University in 1991 and Master’s Degree in Economics from Nankai University in 1987, his Bachelor's Degree in Mathematics from Yangzhou University in 1983.
Steven E. Shreve
Steven E. Shreve
Orion Hoch University Professor of Mathematical Sciences,
Carnegie Mellon University
Steven Shreve is the Orion Hoch University Professor of Mathematical Sciences at Carnegie Mellon University. He holds a PhD from the University of Illinois.
Shreve is the co-author with Ioannis Karatzas of the books "Brownian Motion and Stochastic Calculus" and "Methods of Mathematical Finance" and with Dmitri Bertsekas of the book "Stochastic Optimal Control: The Discrete-Time Case." Shreve's two-volume work "Stochastic Calculus for Finance" won the 2004 Wilmott award "Best New Book in Quantitative Finance."
Shreve has published more than fifty articles in scientific journals on stochastic calculus, stochastic control, and the application of these subjects to queueing theory and finance. He is a Fellow of the Institute of Mathematical Statistics and past-President of the Bachelier Finance Society
Panelists
Marcia Banks
Marcia Banks
Deputy Director,
IACPM
Marcia Banks is the Deputy Director of the International Association of Credit Portfolio Managers (IACPM). The IACPM is a non-profit industry association dedicated to advancing the practice of risk and credit portfolio management through advocacy, research, education, communication and promotion of sound practices. IACPM members total 95 financial institutions around the globe, including primarily banks but also international financial institutions and export credit agencies, insurance companies and funds and asset managers.
Previously, Marcia was a Managing Director at JPMorgan Chase, heading the portfolio management team covering the Bank’s middle market and mid-sized corporate portfolio (JPMorgan Chase) and the large corporate portfolio at Bank One. Marcia’s previous experience at the Bank also includes over twelve years in the Loan Syndication Department and marketing positions for a number of capital markets products.
Marcia has served on the Boards of the IACPM and the Loan Syndications and Trading Association (LSTA). Marcia also teaches MBA courses regularly on risk management and credit portfolio management at University of Illinois at Chicago. She holds an MBA, Finance, from The Wharton School at the University of Pennsylvania and a BSFS, Economics, from the School of Foreign Service at Georgetown University.
Evgueni Ivantsov
Evgueni Ivantsov
Chairman,
European Risk Management Council
Dr Evgueni Ivantsov is Chairman of the European Risk Management Council and the author of Heads or Tails: Financial Disaster, Risk Management and Survival Strategy in the World of Extreme Risk. He is a member of the Advisory Group on Global Risks of the World Economic Forum. Evgueni has a more than 20-year career in the banking sector working in global and large banks. His most recent role was Head of Portfolio Management & Strategy at Lloyds Banking Group. Prior to this role, he worked at HSBC as a Head of Global Analytics and a Head of Portfolio Risk. Evgueni also worked in senior risk management roles at ING Group and Banque Bruxelles Lambert. In his risk management career, he was responsible for areas like stress testing including regulatory stress tests (e.g. UK industry wide stress test, reverse stress test, EBA stress test), risk appetite, capital management, portfolio risk optimisation and risk modelling and analytics. Dr Ivantsov is also a visiting Professor of Cass Business School (City University, London) and before was a visiting Professor of International Economics at the Boston University and a visiting Professor of Money, Banking and Credit at the United Business Institutes in Brussels.
Sujit Reddy
Sujit Reddy
Asia-Pacific Head of Portfolio Management,
Credit Portfolio Group (CPG) at JPMorgan
Sujit Reddy is Asia-Pacific Head of Portfolio Management, Credit Portfolio Group (CPG) at JPMorgan based in Singapore. He has been with JPMorgan for over 15 years across various risk management and portfolio management roles in Singapore, HK and India.
Bunty Bohra
Bunty Bohra
Chief Executive Officer,
Goldman Sachs Services
V. Bunty Bohra is Chief Executive Officer of Goldman Sachs Services in India. He is also responsible for identifying opportunities to further integrate functions in Bengaluru and Singapore, in line with the firm's global office strategy. He sits on several regional and global committees and councils within Goldman Sachs including the Partnership Committee, Asia Pacific Management Committee, Asia Pacific Capital Committee, the Global Recruiting council and serves on the Pine Street Board of Directors.
Bunty joined Goldman Sachs in 1996 in the J. Aron Currency and Commodities Division, where he traded commodities for four years in New York and London. He spent one year working on the development and launch of IntercontinentalExchange (ICE), before becoming franchise manager of the Commodities and Futures Services business units. Prior to assuming his current role in 2009, Bunty was global head of the Structured Product Syndicate desk in the Fixed Income, Currency and Commodities Division in New York. He was also co-head of the Structured Finance Group in the Americas. Bunty was named managing director in 2005 and partner in 2010.
Bunty is a fellow of the Aspen Institute’s India Leadership Initiative, is a World Economic Forum Young Global Leader, serves on the Advisory Board of the MIT Sloan Finance Group, is a member of the Young Presidents’ Organization and previously served on the Asia Society Corporate Diversity Council. Bunty earned dual SB degrees in Chemical Engineering and Management Science from MIT in 1996 and was awarded a certificate of completion for the Global Leadership and Public Policy for the 21st Century Program at Harvard Kennedy School in 2016.
Steven Kou
Steven Kou
Director, NUS Risk Management Institute (RMI)
Class of ‘62 Professor of Mathematics, National University of Singapore (NUS)
Steven Kou is the Director of the Risk Management Institute (RMI). He is also a Class of ’62 Professor of Mathematics at National University of Singapore (NUS). Formerly from Columbia University’s Department of Industrial Engineering and Operations Research, Professor Kou joined NUS as a Professor in Mathematics and Provost’s Chair in 2013.
Recognized internationally as one of the best in the research areas of Financial Mathematics/Engineering, Professor Kou’s most important works are on modelling jumps in asset pricing for equity, credit and fixed income markets and pricing of path-dependent options. His scholarly achievements have been recognized by the scientific community, as demonstrated by his receipt of the Erlang Prize (2002) from INFORMS, the leading association for professionals in the fields of analytics, management science and operations research. Professor Kou is currently also serving in the editorial boards of several top journals in his field, including Operations Research, Mathematical Finance, Mathematics of Operations Research, and Journal of Business and Economic Statistics.
Sneha Sanghvi
Sneha Sanghvi
Head of Financial Markets, Asia,
Westpac
Sneha joined Westpac in 2015 as Head of Financial Markets, Asia, based in Singapore. Sneha is responsible for leading the delivery of a wide range of innovative capabilities across Trading, Fixed Income, Foreign Exchange and Commodities. She leads a team of specialists located in Singapore, Hong Kong, Shanghai and Mumbai, providing financing, investment and hedging solutions to Westpac's Corporate and Institutional clients across the region and worldwide.
Sneha is also the Head of Westpac International’s Diversity and Inclusion committee, leading a program of initiatives aimed at raising awareness and building understandings around key inclusion priorities, including gender equality, flexibility, age and cultural diversity.
Career History
Prior to joining Westpac, Sneha held various senior leadership roles in structuring and sales in Morgan Stanley in the Fixed Income Division between 2007 and 2012. She was promoted to Managing Director in 2008 at Morgan Stanley. Prior to joining Morgan Stanley, Sneha was Regional Head of Structured Rates at HSBC Hong Kong, where she spent 9 years. In this role, she oversaw the trading and structuring of all structured rate products across Asia Pacific.
Immediately prior to joining Westpac, Sneha was Finance Director at Unilever, where she was responsible for the risk management of Unilever's global commodities portfolio. Sneha lives in Singapore and is married with 2 kids aged 11 and 14. She holds a Master's degree from the University of Oxford, UK in Mathematics & Computation and a Bachelor’s degree from St Stephen’s College, Delhi in Mathematics.
Chan Kok Seong
Chan Kok Seong
Chief Risk Officer,
United Overseas Bank Ltd
Mr Chan joined UOB in 1998 and currently is the Head of Group Credit and Risk Management. Prior to his appointment in Singapore in September 2012, Mr Chan was the CEO of UOB (Malaysia) from 2003 to 2012. He holds a Bachelor of Accounting from the University of Malaya, Malaysia and is a member of The Malaysian Institute of Certified Public Accountants. He has close to 30 years of experience in banking.
Prior to joining UOB, Mr Chan spent 3 years working in a merchant bank, after serving the Central Bank of Malaysia for 9 years.
Anna Olsen
Anna Olsen
Executive Director, Credit & Portfolio Management: Distribution, Corporate & Institutional Banking,
Standard Chartered Bank
Anna recently relocated to Singapore to oversee the C&PM Distribution team. The C&PM team’s objectives are to support the business in delivering revenue and return growth while minimising volatility in the bottom line through a pro-active approach to the management and distribution of Credit risk. Previously Anna ran the Portfolio Management function for the Greater China/North Asia region at SCB.
One of the key C&PM objectives is to drive asset distribution to provide capital, limit and funding relief and thereby capacity to grow the business. Anna has executed several synthetic balance sheet risk-transfer securitizations, releasing capital for reinvestment in the business.
Anna has been with Standard Chartered Bank for ten years. Prior to this Anna was a fund manager and credit analyst with Rabobank and Merrill Lynch Investment Managers in the UK and USA. Her focus was Financial Institutions and Asset-Backed Securities.
Anna studied Mathematics and Economics at the London School of Economics and she is a CFA Charterholder
Lutfey Siddiqi
Lutfey Siddiqi
Adjunct Professor,
Risk Management Institute
Lutfey Siddiqi is an Adjunct Professor at RMI, having been a part-time member of the faculty since the inception of the institute. Until May 2016, he was a Managing Director and member of the global executive committee for FX, Rates and Credit at UBS Investment Bank with responsibility for emerging markets. In addition, he was a member of the UBS Group Sustainability Council, the Investment Bank Innovation Board, and a designated ‘opinion leader’ contributing to cross-divisional whitepapers and media outreach.
Lutfey is a member of the Global Agenda Council on Financing and Capital at the World Economic Forum, focusing on inclusive finance, fintech, and capital markets in emerging economies. A former board member of CFA Singapore, Lutfey has an MSc (Econ) from the London School of Economics. He was honoured as a Young Global Leader in 2012 by the WEF where he contributes regularly as a program panelist and an author.
Shaji Chandrasenan
Shaji Chandrasenan
Principal Risk Manager,
World Bank Group’s International Finance Corporation
Mr Shaji Chandrasenan joined the World Bank group’s International Finance Corporation in 2016. He is currently the Principal Risk Manager with the treasury risk at the Singapore Office.
Prior to that he was the Director that heads the Financial Risk Supervision Division at the Monetary Authority of Singapore for 14 years. Mr Chandrasenan was actively involved in two BIS Banking Supervision Subgroups responsible for international standard setting and regulations. He was a member of the Basel Trading Book Group (TBG) and the Risk Management and Modelling Group (RMG). For 2 years he was also in the Standards Implementation Group for Validation (SIGV). He joined the authority after being a derivative dealer with ABN Amro Bank for 10 years trading both foreign exchange and interest rate derivatives. He also did a stint as a financial consultant with Reuters.
Mr Chandrasenan has degrees in Bachelor of Science, Bachelor of Social Science (honours) and a Masters in Financial Engineering from the National University of Singapore. He has also obtained a Masters in Management Research degree from the University of Western Australia. He has been accredited as Financial Risk Manager from both the Global Association of Risk Professionals (Garp) and the Professional Risk Managers’ International Association (Primia). In 2009, the Institute of Banking and Finance awarded him with the Distinguished Fellow for Risk management.
Christian S. Pedersen
Christian S. Pedersen
Partner,
Oliver Wyman
Christian Pedersen joined Oliver Wyman in 1999. He is our Regional Head of our Finance & Risk Management Practice in the Asia-Pacific Region, based in Singapore, as well as our South East Asian Market co-ordinator. Prior to holding these roles, Christian was based in London as European head of our Finance & Treasury sub-practice. He has covered and worked with over 30 leading global clients on all area in risk management, including credit, market, operational, business and reputation risks. In addition, Christian has worked with clients on risk framework applications such as credit process redesign and risk-adjusted performance management and taken several roles in building bespoke risk management and risk-adjusted performance frameworks for a range of leading-edge institutions (hedge funds, private equity etc.). Finally, through his most recent role in London, Christian spear-headed the push into the Treasury and Finance spaces, working with 10 leading clients in such areas as RWA optimisation, capital and balance sheet management, liquidity risk, scenario-based strategic planning, risk and finance effectiveness, and the broader CFO / Treasurer crisis-response agendas.
Christian is a member of the Global Management Committee in Oliver Wyman Financial Services. He has held several internal roles helping Oliver Wyman manage and develop its leading edge content through his co-chairmanship role of the Oliver Wyman global Intellectual Capital Committee. Moreover, he has led several specific internal product development initiatives, including the strategic impact of Basel II (2003); setting up our operational risk practice (2004-2005); risk for asset managers / alternatives (2005-2006); risk appetite (2008- 2009); and integrated balance sheet management (2010-2011). Christian serves on two other management committees in Oliver Wyman.
Christian has spoken at numerous conferences on the topics he has specialised in and regularly publishes Oliver Wyman position papers. Moreover, he has published over 20 articles in trade journals / magazines and leading academic journals, and refereed extensively, covering a series of topics across Risk, Financial Econometrics and Finance.
Christian joined Oliver Wyman from Cambridge University where he completed a PhD on Risk Measurement in Finance. He also holds an MPhil in Economics from Cambridge University, as well as an MSc in Mathematics from the London School of Economics and Political Science (LSE). His BSc in Economics (also from LSE) was the top 1st class honours degree awarded in his year. Christian has also lectured at both these universities.
In Partnership with
NUS Risk Management Institute (RMI) is an Approved Provider for GARP Continuing Professional Development (CPD) credits. Attending this program qualifies for 13 GARP CPD credit hours. If you are a Certified Financial Risk Manager (FRM®) or Energy Risk Professional (ERP®), please record this activity in your Credit Tracker.
FTS
FTS-Eligible
This programme is approved for listing on the Financial Training Scheme (FTS) Programme Directory and is eligible for FTS claims subject to all eligibility criteria being met.
Please note that in no way does this represent an endorsement of the quality of the training provider and programme. Participants are advised to assess the suitability of the programme and its relevance to participants’ business activities or job roles.
The FTS is available to eligible entities, at a 50% funding level of programme fees subject to all eligibility criteria being met. FTS claims may only be made for programmes listed on the FTS Programme Directory with the specified validity period. Please refer to www.ibf.org.sg for more information.
For other enquiries, please contact:
Pre-conference Workshop
Ms. Jaslin Chong at rmicsh@nus.edu.sg or 6516 8497
Eleventh Annual Risk Management Conference
Ms. Shivani Nakhare at rminsr@nus.edu.sg or 6601 1065