Thirteenth Annual Risk Management Conference
Thirteenth 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 | 24 July 2019 |
| Thirteenth Annual Risk Management Conference | 25 July 2019 |
Keynote Speaker
Martin Hellwig
Director Emeritus, Max Planck Institute for Research on Collective Goods
Honorary Foreign Member, American Academy of Arts and Sciences
Martin Hellwig
Director Emeritus, Max Planck Institute for Research on Collective Goods
Honorary Foreign Member, American Academy of Arts and Sciences
Martin F. Hellwig is Director Emeritus at the Max Planck Institute for Research on Collective Goods in Bonn, Germany. Martin has published extensively in many areas of economics and finance, in particular the economics of information and incentives, public economic theory, financial markets and financial institutions. His 1990s publications on systemic risk and financial regulation were the first to expose some of the mechanisms that would be detrimental in the crisis of 2007–2009. His book The Bankers’ New Clothes: What’s Wrong with Banking and What to Do About It, co-authored with Anat Admati from Stanford, was published by Princeton University Press in 2013. He is a former President of the European Economic Association and the German Economic Association, a Fellow of the Econometric Society and the Society for the Advancement of Economic Theory, and an Honorary Foreign Member of the American Economic Association and the American Academy of Arts and Sciences. He has also been active in policy work, including positions as president of the German Monopolkommission and as the first Chair of the Advisory Scientific Committee of the European Systemic Risk Board, in charge of macro-prudential surveillance in the European Union.
Invited Speakers
Gary Ang
Former Division Head of
Investment Risk Management,
Monetary Authority of Singapore (MAS)
Gary Ang
Former Division Head of Investment Risk Management,
Monetary Authority of Singapore (MAS)
Gary Ang's expertise spans the domains of quantitative finance and data science, as well as data visualisation and design. He most recently headed the division in the Monetary Authority of Singapore (MAS) responsible for the investment risk management of Singapore's official foreign reserves, and is currently on a sabbatical. Prior to that, he was the quantitative lead for financial risk in MAS, responsible for assessing and validating the risks of models employed by financial institutions. He has deep experience building and validating a wide range of quantitative models in VBA, Python and Matlab, and loves coding and hacking in Python and Javascript for machine and deep learning, as well as data visualisation.
He writes regularly on financial, data science, and data visualisation topics on Medium (medium.com/@playgrdstar), and has conducted courses on data analytics, data visualisation and model risk management in MAS. He is currently lecturing on such topics at NUS and Nanyang Polytechnic.
He has a Masters in Knowledge Engineering, as well as a Masters in Financial Engineering from the National University of Singapore. He obtained his bachelor's degree in Electrical Engineering from the University of Toronto.
Min Dai
Director, Centre for
Quantitative Finance, NUS
Min Dai
Director, Centre for Quantitative Finance, NUS
Prof. Min Dai is currently the Director of the Centre for Quantitative Finance and was previously the Deputy Director of Risk Management Institute, National University of Singapore (NUS). His research focuses on mathematical finance, particularly on financial derivative pricing and portfolio selection with market imperfections. Currently he is on the Editorial Board of Journal of Economic Dynamics and Control, SIAM Journal on Financial Mathematics, and Mathematics and Financial Economics.
Eric Lian
Wholesale Credit Risk
Eric Lian
Group Chief Credit Officer,
Wholesale Credit Risk Management,
Oversea-Chinese Banking Corporation
Eric joined OCBC on 5 December 2016.
He is responsible for the Credit Risk Management of Wholesale Banking of the Group which include Corporate & Commercial Banking, Commercial Real Estate, Financial Institutions, Specialised Commodities Finance as well as Special Asset Management.
Prior to that, he was the President and CEO of UOB (China) from June 2013 to June 2016. He was a member of the Bank’s Executive Committee of UOB Group. He has 26 years of banking experience. He began his banking career with UOB in 1989 and joined Standard Chartered Bank in 1995. During the 18 years of tenor with SCB, he held several senior positions in wholesale banking business as well as credit risk management in Singapore and China.
Eric graduated from the Nanyang Technological University, Singapore with a Bachelor of Engineering and a Master of Business Administration.
Lutfey Siddiqi
Risk Management Institute
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.
Robert Bailey
Marsh & McLennan
Robert Bailey
Director, Climate Resilience,
Marsh & McLennan Companies
Robert Bailey, based in London, is responsible for climate resilience within Marsh & McLennan Insights, where he analyses the implications of climate change for policymaking and business operations and strategy. He brings over twenty years of professional experience spanning consulting, policy and research to the role, having worked with numerous corporations, financial institutions, governments, international organizations and NGOs on climate change and sustainable development issues. Prior to joining MMC, Rob was Director of the Energy, Environment and Resources Department at Chatham House; before that he was responsible for climate change at a major international NGO and worked in the financial services practice at Oliver Wyman. Rob has held numerous advisory positions and is a frequent public speaker. He has published widely on topics including low carbon transition, energy security, food security , climate risk and disaster risk reduction and was a lead author for the United Nation’s Sixth Global Environment Outlook. Rob has a BA in natural sciences from Cambridge University and a MSc in development from the London School of Economics.
Abhishek Dangra
Senior Director and Sector Lead for Infrastructure,
South and Southeast Asia, Global Infrastructure Ratings,
S&P Global Ratings
Abhishek Dangra
Senior Director and Sector Lead for Infrastructure,
South and Southeast Asia, Global Infrastructure Ratings,
S&P Global Ratings
ABHISHEK DANGRA is the Sector Lead for all Infrastructure and Utilities companies in South & South-East Asia region (SSEA-mainly India + ASEAN) covering Power and Transportation Infrastructure companies like Airports, Ports, Toll Roads etc at S&P Global. He is based out of Singapore. Abhishek is increasingly involved in sharing S&P’s views on Infrastructure sector trends, ESG/Green Finance and Project Finance transactions in the region. Abhishek has over 15 years of credit experience; joining S&P in 2010. Before joining S&P, he was heading the Industry Research Group - Credit at Kotak Mahindra Bank. Abhishek has also worked with Lehman Brothers in the Global Risk Management function. Abhishek is a Management Post-Graduate from the Indian Institute of Management (IIM) – Indore, Chartered Accountant (CA) from The Institute of Chartered Accountants of India with Bachelor of Commerce (B.Com) degree from Gujarat University and a Certified FRM by the Global Association of Risk Professionals (GARP).
Roshel Mahabeer
Standard Chartered Bank
Roshel Mahabeer
Executive Director, Sustainable Finance,
Standard Chartered Bank
Roshel has over 12 years banking experience, across client coverage, corporate finance and loan syndications. Roshel joined Standard Chartered Bank focusing on strategic transaction origination of transactions for local corporate clients. She has also recently worked in the bank’s loan syndicate business based in the United Kingdom prior to moving into Sustainable Finance. Roshel has led several high profile and award winning financings raising capital from commercial banks, supranational institutions, development institution, pension funds and asset managers for clients and projects in emerging markets.
Marcia Banks
IACPM
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.
Steven Kou
Questrom Professor in
Management and Professor of Finance,
Boston University
Steven Kou
Questrom Professor in Management and Professor of Finance,
Boston University
Steven Kou is a Questrom Professor in Management and Professor of Finance at Boston University. Previously, he taught at National University of Singapore (2013-2018), Columbia University (1998-2014), University of Michigan (1996-1998), and Rutgers University (1995-1996). He teaches courses on FinTech and quantitative finance. Currently he is a co-area-editor for Operations Research and a co-editor for Digital Finance, and has served on editorial boards of many journals, such as Management Science, Mathematics of Operations Research, and Mathematical Finance. He is a fellow of the Institute of Mathematical Statistics and won the Erlang Prize from INFORMS in 2002. Some of his research results have been incorporated into standard MBA textbooks and have implemented in commercial software packages and terminals, e.g. in Bloomberg Terminals.
Grace Qiu
Economics and Investment
GIC
Grace Qiu
Senior Vice President,
Economics and Investment Strategy Department (EIS),
GIC
Grace Qiu joined GIC in 2013, is a Senior Vice President in the Economics and Investment Strategy Department (EIS). Grace works in the Total Portfolio Strategy division of EIS, focusing on strategic asset allocation, active portfolio construction and with an asset class focus of Fixed Income/Credit across public and private markets. Prior to this role, Grace has worked as a portfolio manager in the Real Return Program in EIS, leading effort in alternative risk premia (style premia) portfolio across equity, fixed income, commodity and FX.
efore joining GIC, Grace held several roles in investment banking industry, as Emerging Market FX and Rates strategist. She covered Latin America and Asia Pacific markets in Goldman Sachs New York and HSBC Hong Kong, respectively. Grace holds a Bachelor’s degree of Mathematics from Cornell University and Ph.D. in Economics from Harvard University.
Chan Kok Seong
Group Credit and Risk Management,
United Overseas Bank Ltd
Chan Kok Seong
Managing Director and Chief Risk Officer,
Group Credit and Risk Management,
United Overseas Bank Ltd
Mr. Chan was appointed as Head of Group Credit and Risk Management and Chief Risk Officer of UOB on 1 March 2016. He has been posted to Singapore as Chief Risk Officer since 1 September 2012. He joined UOB Malaysia in July 1998 and has been Chief Executive Officer of UOB Malaysia from 2003 to August 2012. Prior to his appointment as the CEO of UOB Malaysia, Mr. Chan had held the head positions in Risk Management Division, Corporate Banking and Commercial Banking.
Prior to joining UOB Group, Mr. Chan was the Head of Risk Management in Arab-Malaysian Merchant Bank (AMMB) from 1995 to Jun 1998 responsible for risk management of treasury dealing activities. Mr. Chan started his career with the Central Bank of Malaysia (BNM). During his eight years tenure with BNM, Mr. Chan was involved in formulating and implementing a wide range of banking supervisory and prudential standards.
Mr. Chan is an accounting graduate from the University of Malaya and a member of The Malaysian Institute of Certified Public Accountants (MICPA).
Garauv Kwatra
Principal,
Oliver Wyman
Garauv Kwatra
Principal,
Oliver Wyman
GUARAV KWATRA is a Principal in Oliver Wyman’s Singapore office. He brings deep expertise in risk measurement for financial services firms, and also leads Oliver Wyman’s efforts in SE Asia in climate risk measurement and broader strategic responses to climate change for Financial Institutions. Gaurav has supported the development of Oliver Wyman’s proprietary methodology for quantifying the credit risk impact of climate change. He has helped shape the thinking of several SE Asian institutions on the broader strategic response to the challenge. Over the last three years, Gaurav has also worked closely with green investment funds on shaping their risk frameworks and investment strategies. Gaurav holds a B. Tech. in Computer Science and Engineering from the Indian Institute of Technology, Delhi.
Jochen M. Schmittmann
Jochen M. Schmittmann
Head of International Monetary Fund (IMF), Singapore Representative Office
Jochen M. Schmittmann is the Head of the IMF’s Resident Representative Office in Singapore. Before coming to Singapore, Jochen worked in the IMF’s Asia and Pacific, Western Hemisphere, Finance, and Capital Markets departments. He also worked as part of the team managing the IMF’s investments. Jochen has published on a range of topics in finance and macroeconomics, including behavioral finance, currency hedging, and the economic impact of demographic change in Asia. Jochen holds a PhD in Financial Economics from Goethe University Frankfurt.
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. Contact CPD@garp.com for additional information.
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
Thirteenth Annual Risk Management Conference
Ms. Shivani Nakhare at rminsr@nus.edu.sg or 6601 1065