Seventeenth 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 (IACPM).
Agenda
| Event | Please Click on the Date Below to Open the Agenda |
| Pre-Conference Workshop | 14 August 2024 |
| Seventeenth Annual Risk Management Conference | 15 August 2024 |
Keynote Speaker
Janice Eberly
Distinguished Fellow at the Golub Center for Finance and Policy, visiting the Sloan School at MIT
James R. and Helen D. Russell Professor of Finance, Northwestern University
Fellow, American Academy of Arts and Sciences
Prof. Janice Eberly
Distinguished Fellow at the Golub Center for Finance and Policy, visiting the Sloan School at MIT
James R. and Helen D. Russell Professor of Finance, Northwestern University
Fellow, American Academy of Arts and Sciences
Janice Eberly is currently Distinguished Fellow at the Golub Center for Finance and Policy, visiting the Sloan School at MIT. She is on leave from the Kellogg School of Management at Northwestern, where she is the James R. and Helen D. Russell Professor of Finance and former Chair of the Finance Department. She was the Senior Associate Dean for Strategy and Academics from 2020 through 2023. Before joining the Kellogg faculty, she was a faculty member in Finance at the Wharton School of the University of Pennsylvania.
Professor Eberly served as the Assistant Secretary for Economic Policy at the U.S. Treasury from 2011 to 2013 after being confirmed by the U.S. Senate. In that capacity she was the Chief Economist at the Treasury, leading the Office of Economic Policy in analysis of the U.S. and global economies and financial markets and development of policy recommendations on micro and macroeconomic issues.
Professor Eberly's research focuses on finance and macroeconomics. Her work studies firms' capital budgeting and investment decisions and household consumption and portfolio choice. She also examines the interaction of these spending and investment choices with the macroeconomy. Her current research emphasizes household finance and intangible investment. Her work has been published in the American Economic Review, the Journal of Political Economy, Econometrica, and the Quarterly Journal of Economics, among other academic journals. Her 2023 paper with Nicolas Crouzet received the DFA Best Paper Award in Capital Markets from the Journal of Finance in 2024. She was a Sloan Foundation research fellow and has received grant funding from the National Science Foundation and the CME Trust.
Professor Eberly has been an Associate Editor of the American Economic Review and other academic journals and Senior Associate Editor of the Journal of Monetary Economics. Previously Professor Eberly served on the staff of the President's Council of Economic Advisors and on the advisory committees of the Bureau of Economic Analysis (BEA) and the Congressional Budget Office (CBO). She was elected Vice President of the American Economic Association for 2020.
Professor Eberly is an elected Fellow of the American Academy of Arts and Sciences and is Editor of the Brookings Papers on Economic Activity. She has won numerous awards for her teaching, including Chairs' Core Teaching Awards and Outstanding Professor Awards from the Executive Master's Program. She is a Trustee of the TIAA-CREF funds since 2018. Professor Eberly received her Ph.D. in Economics from MIT.
Plenary Speaker
Hui Chen
Nomura Professor of Finance at the Sloan School of Management, MIT
Research Associate at the National Bureau of Economic Research
Prof. Hui Chen
Nomura Professor of Finance at the Sloan School of Management, MIT
Research Associate at the National Bureau of Economic Research
Hui Chen is the Nomura Professor of Finance at the MIT Sloan School of Management and a Research Associate at the National Bureau of Economic Research. His research interests include asset pricing and its connections with corporate finance, liquidity risks, as well as financial machine learning. In recent projects, he proposes firm-level measures of segmentation between the equity and debt markets, which helps locate mispricing in both markets. He has also been studying how to use insights from economic theory to make machine learning models more powerful and easier to train, and he is building a suite of modern “lookup tables” for workhorse models in finance and economics using neural networks.
Chen is the co-editor of the Annual Review of Financial Economics and an editor of the Review of Asset Pricing Studies. He is the recipient of the Smith Breeden Prize and the Dimensional Fund Advisors Distinguished Paper Prize, among other scholarly awards. He holds a Ph.D. in Finance from the University of Chicago.
Semi-Plenary Speakers
Rüdiger Frey
Full Professor of Mathematics and Finance, Vienna University for Economics and Business (WU)
Prof. Rüdiger Frey
Full Professor of Mathematics and Finance,
Vienna University for Economics and Business (WU)
Rüdiger Frey is Full Professor of Mathematics and Finance at the Vienna University for Economics and Business (WU) . Prior to that he held positions as Professor of Optimization and Financial Mathematics at the University of Leipzig and various academic positions at the University of Zurich and at the Federal Institute of Technology (ETH) in Zurich. He holds a diploma in mathematics from the University of Bonn where he received his PhD in financial economics in 1996. His main research fields are quantitative risk management, dynamic credit risk models, the pricing and hedging of derivatives under market frictions and optimization problems in financial and energy economics.
Rüdiger has published research papers in leading international academic journals and has given seminars at a number of important international conferences and institutions. He is moreover frequently giving practitioner courses. Rüdiger is a coauthor of the popular book "Quantitative Risk Management: Concepts Techniques & Tools" (Princeton University Press 2015).
Thorsten Koch
Professor for Software and Algorithms for Discrete Optimization, TU-Berlin
Head of the Applied Algorithmic Intelligence Methods and the Digital Data and Information for Society, Science, and Culture Departments, Zuse Institute Berlin (ZIB)
Prof. Dr. Thorsten Koch
Professor for Software and Algorithms for Discrete Optimization, TU-Berlin
Head of the Applied Algorithmic Intelligence Methods and the Digital Data and Information for Society, Science, and Culture Departments, Zuse Institute Berlin (ZIB)
Prof. Dr. Thorsten Koch is Professor for Software and Algorithms for Discrete Optimization at TU-Berlin and head of the Applied Algorithmic Intelligence Methods and the Digital Data and Information for Society, Science, and Culture departments at the Zuse Institute Berlin (ZIB). He has worked in several areas, especially the planning of infrastructure networks, chip verification, mathematical education, and integer optimization. From 2000-2020 he led the efforts on developing Integer Programming Solvers at ZIB, including the SCIP development.
From 2008-2014 he was the coordinator of the FORNE project, an industry collaboration project regarding gas transportation involving five universities and two research institutes. The project received the 2016 EURO Excellence in Practice Award of the European OR Society.
From 2013-2019 he was head of the GasLab and the SynLab within the Research Campus MODAL (Mathematical Optimization and Data Analysis Laboratory). The project Optimized Execution of Dispatching conducted together with Germanys largest Gas Transmission System Operator became finalist of the 2020 INFORMS Innovative Applications in Analytics Award.
Currently, the work is focused on developing high-performance parallel methods for solving large-scale structured optimization problems. Such problems arise, for example, in data-driven, real-world analysis and planning of sustainable network infrastructures. This includes high-performance solvers for Steiner Tree Problems in Graphs (STPG) and Quadratic Unconstraint Binary Optimization (QUBO).
Thomas Schmid
Associate Professor of Finance, University of Hong Kong
A/P Thomas Schmid
Associate Professor of Finance, University of Hong Kong
Thomas Schmid is an Associate Professor of Finance at the University of Hong Kong. Prior to his current role, he worked as a Post-Doctoral Researcher at the Technical University of Munich. His primary research focus is empirical corporate finance, with special interests in energy finance, climate finance, and corporate governance. His work has been published in various prestigious journals, including the Review of Financial Studies, the Journal of Financial Economics, the Journal of Accounting and Economics, Management Science, and Research Policy.
Invited Speakers
Marcia Banks
Deputy Director
International Association of Credit Portfolio Managers (IACPM)
Marcia Banks
Deputy Director, International Association of Credit Portfolio Managers (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 over 100 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.
Prakash Kannan
Managing Director & Chief Economist
Director, Economics & Investment Strategy
GIC
Prakash Kannan
Managing Director & Chief Economist
Director, Economics & Investment Strategy
GIC
Prakash Kannan is Chief Economist and Director of the Economics and Investment Strategy Department at GIC. He is responsible for formulating the outlook for the global investment environment and asset allocation strategy for the firm. He serves as a member of GIC’s Investment Management Committee, Group Risk Committee and Currency Risk Management Group. His previous roles in the firm included Deputy Head of Total Portfolio Strategy as well as Head of Economics & Capital Markets.
Prakash joined GIC in 2012. Prior to joining GIC, he worked with the International Monetary Fund (IMF) and the Central Bank of Malaysia (Bank Negara Malaysia). He is currently the Vice President and Chair of the Investment Committee of the Economic Society of Singapore. He also serves as a member of the Advisory Council of OMFIF and the Investment Committee of the Singapore Indian Development Association. He was formerly on the Advisory Board for the Centre for Asset Management Research & Investments (CAMRI) at the National University of Singapore Business School. He has published research in peer-reviewed journals such as the European Economic Review and the Journal of International Money and Finance.
Prakash holds a Bachelor of Science in Economics from MIT and a doctorate in Economics from Stanford University. He is also a CFA charterholder.
Martin Leo
Chief Risk Officer
National University of Singapore
Martin Leo
Chief Risk Officer
National University of Singapore
Dr Martin Leo is Chief Risk Officer at the National University of Singapore (NUS) where he oversees pre-emptive, preventive and recovery measures concerning both strategic and operational risks.
With close to three decades of experience in the financial services industry, Dr Martin has a wealth of expertise in leadership, people and stakeholder management. Prior to joining NUS, he held regional risk leadership positions at major institutions including Citibank, ING, Morgan Stanley, and State Street Bank. In these roles, he enhanced risk governance and incorporated transformative practices to achieve risk identification and reduction.
In addition to his corporate contributions, Dr Martin serves as an Adjunct Professor in the Department of Finance at the SP Jain School of Global Management. He is also a regular speaker at risk management conferences covering a wide range of topics, including operational risk management and fintech.
Dr Martin obtained an MBA (Finance) from the Institute of Technology and Management in 2002, and a Doctorate from the SP Jain School of Global Management in 2020. He is a certified Financial Risk Manager from the Global Association of Risk Professionals and certified ESG Analyst from the European Federation of Financial Analysts Societies.
Selena Ling
Chief Economist & Head of Global Markets Research & Strategy
Global Markets
OCBC
Selena Ling
Chief Economist & Head of Global Markets Research & Strategy
Global Markets, OCBC
Selena is the Chief Economist for OCBC. As Head of Global Markets Research & Strategy, she leads a research team that is responsible for market research, forecasts and trading recommendations for the bank, covering fixed income, interest rates, corporate credit, foreign exchange and macroeconomic commentary. Under her leadership, OCBC’s research capabilities have been greatly valued by customers and highly ranked in surveys.
She is a member of the OCBC Wealth Panel for Singapore and Malaysia, as well as a Vice President and council member for the Economic Society of Singapore. She also sits on the Institute of Valuers and Appraisers (IVAS), Singapore, which was set up by the Singapore Accountancy Commission. She was conferred the IBF Fellow Award in Financial Markets in 2017. Her research writings has been extensively quoted and published by prominent media across print, television and radio.
Prior to joining OCBC in August 2000, Selena was with the Fiscal Policy Unit under the Ministry of Finance (MOF), and the Economics Department in the Ministry of Trade and Industry (MTI).
Helge Muenkel
Chief Sustainability Officer
DBS Bank
Helge Muenkel
Chief Sustainability Officer, DBS Bank
Helge is the Chief Sustainability Officer at DBS. He is responsible for developing DBS’ overarching sustainability framework and driving sustainability initiatives across the bank. He acts as Secretary to the bank’s Board Sustainability Committee, and chairs the Group Sustainability Council, which comprises senior leaders across business and support units.
Helge represents DBS in several global and regional bodies and working groups such as the World Business Council for Sustainable Development, the technical committee of the Global Reporting Initiative (GRI), which will develop its first global reporting sector guidance for banks, the Industry Advisory Panel of the ASEAN’s Joint Sustainable Finance Working Group, the Green Skills Committee convened by Singapore’s Ministry of Trade & Industry in partnership with SkillsFuture Singapore or Singapore’s Sustainability Reporting Advisory Committee. He is also appointed as alternate director in Climate Impact X Pte Ltd, a Singapore based global carbon market and exchange, and sits on the Impact Advisory Panel of the Asia Impact First Fund.
Prior to joining DBS, Helge was Head of Asia Pacific, Sustainable Finance and Global Capital Markets at ING, where he worked for 10 years. In this role, he successfully grew the bank's regional business of sustainability-related advisory services and sustainable finance transactions across products. He was also part of ING’s global Sustainable Finance and Capital Markets management teams as well as the bank’s global Sustainable Finance Quality Board. Before that, he spent more than 12 years in various roles at Deutsche Bank AG and UniCredit Group being based in different cities across Europe, the US and Asia Pacific.
Helge holds a Master’s Degree in Economics from Munich University (major in Developing Economics) as well as a postgraduate degree in sustainability from Cambridge University. He is also a CFA charter holder.
Lutfey Siddiqi
Adjunct Professor
NUS Risk Management Institute (RMI)
Lutfey Siddiqi
Adjunct Professor, NUS Risk Management Institute (RMI)
Lutfey Siddiqi is an Adjunct Professor at NUS with joint appointments at the Risk Management Institute, the Business School and the Lee Kuan Yew School of Public Policy. He is also a Visiting Professor-in-Practice at the London School of Economics (LSE IDEAS). He is a member of the advisory boards of LSE Systemic Risk Centre and NUS Centre for Governance and Sustainability. He was previously a senior investment banker, serving in global and Asia-wide roles at UBS and Barclays.
He is a member of the governing boards of ShareAction, and UWC Atlantic College, former governor of New City College London and a former board member of CFA Singapore. Having served as a member of the court of Governors, investment committee and health & Safety assurance committee, he is now an Emeritus Governor of the London School of Economics. Lutfey was recognized as a Young Global Leader by the World Economic Forum in 2012 where he has served on their global future councils since 2014, contributing to the official Davos program for several years.
For other enquiries, please contact:
Seventeenth Annual Risk Management Conference
Ms. Evelyn Chung at evechung@nus.edu.sg or 6601 1065
IACPM Pre-conference Workshop
Ms. Jaslin Chong at rmicsh@nus.edu.sg or 6516 8497