Agenda

June 2022 | In-Person

June 2022 | London

08:0009:00

Registration and refreshments in the Risk Live networking gallery
Re-connect and meet new contacts as we return to in person!

08:00 - 09:00

08:1008:45

Breakfast briefing

08:10 - 08:45

08:1008:45

World class asset allocation: building an enduring investment approach
BREAKFAST BRIEFING

09:00 - 10:00

  • How to build an efficient asset allocation program?
  • Main challenges and opportunities: what are companies doing?
  • Analysing the relatively high valuations for different assets and their implication on products
  • What are the latest solutions available on the market?
Michael Walsh

Multi-asset solutions strategist, Emea and Latin America

T. Rowe Price

Michael Walsh is a member of the T. Rowe Price UK and European Investment Committees. He is experienced across multi-asset, liability-driven investment and quantitative active equities. Walsh is a fellow of the Institute and Faculty of Actuaries, and holds chartered financial analyst and chartered alternative investment analyst designations. He holds a bachelor's degree in actuarial and financial studies from University College Dublin and a certificate in quantitative finance from the CQF Institute.

Sumit Mehta

Head of investment solutions, retirement division

Legal and General

Sumit Mehta is head of investment solutions at Legal and General’s retirement division. He is responsible for investment strategy and portfolio construction of new tranches of pension risk transfer business written in the UK and internationally. Mehta is co-author of Derivatives markets: the new regulatory paradigm, a cross-industry exploration of the impact of regulatory reform on derivative markets. In 2016, he was named in Trade Magazine's Top 40 Rising Stars under 40 for his contribution to innovation in risk transfer. Prior to his current role, Mehta spent eight years at RBS' fixed income division, primarily working with European institutional clients on a variety of rates and credit derivative solutions and running its award-winning inflation structuring desk. He holds a master of business administration degree from the Indian Institute of Management and a bachelor's degree in electronics engineering from Victoria Jubilee Tech Institute in Mumbai.

Nell Mackenzie

Investing reporter

Risk.net

Nell Mackenzie covers investors – from asset managers to hedge funds and everything in between. She has previously written about technology and business at the BBC and about banks at Financial News. Mackenzie earned a graduate diploma in financial journalism from City University in London.

09:0012:30

Main Stage | Risk Live
Bringing the hottest topics to life across risk management, risk transfer and non-financial risk

09:00 - 12:30

09:0009:10

Main stage welcome remarks
Welcome to the festival of Risk

09:00 - 09:10

Duncan Wood

Global editorial director

Risk.net

Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Wood had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Wood was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work featuring in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles. Wood has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has won Incisive Media's journalist and editor of the year awards.

09:1009:45

Inflation: do risk managers remember the 1980s?

09:10 - 09:45

Soaring prices are an old problem in a new age. Policymakers have signalled they are willing to tolerate an unemployment surge in their bid to bring inflation down, but pandemic lockdowns in China and war in Ukraine create inflationary pressure that central banks will struggle to control. Hiking rates too far, too fast could also threaten the vast piles of debt that have built up during years of rock-bottom rates. This cocktail of conflicting pressures has to be tackled by risk managers who have never seen sustained high inflation.  

  • The path of inflation, the path of rates – what should we expect?  
  • Inflation’s knock-on effects: consumer spending, corporate default risk, market liquidity, market volatility
  • How to educate and equip a risk function to cope with a very old - and brand new - set of risks 
  • Tools, tips and tricks for measuring and managing inflation risk
Dan Persson

Chief risk officer, investment bank and NCL

UBS

Navin Sharma

Group vice-president and director, fixed income risk

T. Rowe Price

Chris Knight

Group chief risk officer

Legal and General

Chris Knight took the role of group chief risk officer (CRO) in May 2021. For the previous three years he had been the chief executive of Legal and General’s retail retirement business, where he led the expansion of annuity propositions, developed one of the leading providers of lifetime mortgages and launched our financial advice and care businesses. Knight also serves as Legal and General’s customer champion, representing retail customers’ interests across the whole product range, a perspective he brings to his CRO role. He has previously held positions at Legal and General of finance director of the international division, and chief financial officer of Legal & General Assurance Society. Knight has a first-class economics degree from King’s College, Cambridge and has worked on four continents in a career spanning more than three decades. He is a Fellow of the Institute and Faculty of Actuaries.

Duncan Wood

Global editorial director

Risk.net

Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Wood had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Wood was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work featuring in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles. Wood has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has won Incisive Media's journalist and editor of the year awards.

09:4510:30

Leveraging technology for better, faster decision making

09:45 - 10:30

Technological change and digitalisation can help risk functions increase their efficiency and effectiveness. Amidst a changing risk landscape, this session will explore a range of technological tools that ultimately will enable the risk function to do more. We will showcase a wide range of emerging technologies, and specifically how banks and FinTech companies are implementing these to facilitate better decision-making processes, reduce credit risks and provide financial services better tailored to their users.

  • Reaping the benefits of emerging tech for the risk function for better decision making
  • Using real-time insights and analytics to identify changing consumer behaviours and respond to unexpected demands – making the most of AI, ML & Big Data
  • Managing risk when introducing new technologies
  • Developing digital fluency and technology-conversant risk workforce
Cyrille Sallé de Chou

Chief risk officer, UK wealth and personal banking

HSBC

Cyrille Sallé de Chou joined HSBC in 2016 as chief risk officer (CRO) at HSBC Wealth & Personal Banking. He has more than 18 years of experience in retail banking in the UK. Prior to joining HSBC, Sallé de Chou was CRO at RateSetter. This followed 8 years at Lloyds Banking Group, where he served as credit risk director for the mortgage business, cards and current accounts and 7 years at Capital One Europe, where he served as chief credit officer.

Hanna Sarraf

Chief risk officer

Starling Bank

Phil Harding

Commercial editor

Risk.net

10:3011:00

Networking refreshments break
Re-connect and meet new contacts as we return to in person!

10:00 - 10:15

11:0011:45

Building today a risk function which is agile, fit for purpose and will endure the next 5 years of risks

11:00 - 11:45

  • What are the lessons learned from the Covid era and what are the priorities entering the new age of high inflation? 
  • Beyond the textbooks: how will financial institutions upskill and cope in the new era of high inflation, and other new and fast evolving emerging risks?  
  • What to do when it comes to people and re-structuring teams 
  • How and where can risk teams be agile, given the scale and complexity of the task?
Stuart Lewis

Group chief risk officer

Deutsche Bank

David Glendinning

Chief risk officer UK

Societe Generale

Jeremy Arnold

Chief risk officer

NatWest Markets

Jeremy Arnold joined NatWest Markets as chief risk officer in September 2018 and is responsible for leading the organisation's risk function by defining and delivering risk, conduct, compliance and financial crime strategies to support its ambition, strategy and risk appetite. He has extensive experience, spanning a variety of roles in trading and risk management over the past 30 years at a number of leading global financial institutions.

Dominic Clarke

Global head of risk functions and group head of operational risk

Standard Chartered Bank

Tom Osborn

Editor, risk management

Risk.net

Tom Osborn is the desk editor of Risk.net's risk management coverage. Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications. Osborn holds a bachelor's degree in English literature from the University of Warwick.

11:4512:30

Climate – responding to a new era of risk

11:45 - 12:30

Climate change has had a profound impact on Financial Institutions and has quickly moved from what seemed like a sometimes obtuse, academic debate to a profound political, economic and societal global issue. For FIs, the exposure to climate risk is potentially enormous, so it’s crucial to understand how these growing risks should be managed and measured, and importantly, how can we seize the opportunities beginning to emerge from the shift to a lower-carbon economy.

Join us, as we discuss how we can best identify and respond to the complex risk posed by climate change in light of persistent uncertainty and change.

  • How can core risks to business be identified and controlled? 
  • Integrating climate risk into credit risk modelling
  • How are regulatory pressures changing?
  • What are the advances in modelling and integration of risk?
James Parker

Chief risk officer, wealth management

Credit Suisse

James Parker is the chief risk officer of Credit Suisse’s wealth management division, covering Guernsey, the Middle East, Turkey and Africa. He is experienced in heading up risk management functions internationally across financial services ranging from investment banking to fintech industries. Parker is skilled in strategic transformational change management involving automated risk systems implementation within the investment banking global markets division. Strong management and chairing of board-level risk committees covering entities in the UK, US, European Union and Asia-Pacific.  A leader with advisory acumen and skilled in market risk, credit risk, liquidity risk, trading, operational risk management and derivatives, he has in-depth experience of transforming risk functions at the world’s leading financial institutions, start-ups and growth companies. Parker has experience of working with private equity firms and managing a sale process involving potential investors.

Nick Stansbury

Head of climate solutions

Legal & General Investment Management

12:3013:30

Networking lunch break
Re-connect and meet new contacts as we return to in person!

12:30 - 13:30

13:3017:20

Executive Boardroom sessions
Interactive discussion sessions designed to give you everything you need to have impactful conversations and meaningful connections in the industry

13:30 - 17:30

13:3014:20

Liquidity risk: how much cash are investors holding?
Boardroom Buy-Side Risk 1

13:30 - 14:20

  • Adopting liquidity risk management best practices
  • What is the impact of liquidity risk on market structure?
  • Divergence of performance
  • What are the latest automation tools available?
Nell Mackenzie

Investing reporter

Risk.net

Nell Mackenzie covers investors – from asset managers to hedge funds and everything in between. She has previously written about technology and business at the BBC and about banks at Financial News. Mackenzie earned a graduate diploma in financial journalism from City University in London.

Louis Gargour

Chief investment officer

LNG Capital

Louis Gargour runs the investment management team at LNG, leading idea generation across credit markets. As chief investment officer (CIO), he oversees investment and directs the organisation's investment management decisions. Gargour has over 30 years of investment experience, with expertise in government bonds, investment-grade, high-yield, distressed and special situations. Besides his duties as CIO, he is active in the financial policy and reform debate as a frequent contributor to the Financial Times, the Wall Street Journal, Barron's, Reuters and Bloomberg. Gargour founded LNG in 2007, before which he was head of fixed income at RAB Capital. He had overall responsibility for fixed income research trading and investments. Prior to his role at RAB, Gargour held senior positions at Goldman Sachs, JP Morgan and began his career on Wall Street as a graduate of the highly acclaimed Salomon Brothers international management training programme.

David Epstein

Group ALM and treasury director

Aviva

Trevor Leydon

Head of investment risk control

USS

Trevor Leydon oversees Aviva Investors' portfolio construction and risk for multi-asset strategies, providing overarching quantitative discipline to the portfolio management process. This includes monitoring and providing risk parameters for individual portfolios and top level reporting to senior management. Prior to joining Aviva Investors, he was responsible for UK and Ireland risk control at UBS Global Asset Management. Leydon joined the industry working for HSBC's investment bank in risk before moving to Santander's global banking and market risk team. He holds a masters degree in accounting and finance from the University of Ulster, having graduated from Dublin Business School. He is also a fellow of the Association of Certified Chartered Accountants.

 

 

14:3015:20

Optimising your IT landscape. Finding the right solutions for your organisation
Boardroom Buy-Side Risk 2

13:30 - 14:50

  • Change implementation: are firms really prepared?
  • What are the latest challenges and how to ensure your digitalisation journey is on track?
  • Technology and innovation strategies
  • Best practices in building a cyber-security framework
Jean-Marc Bonnefous

Founder and managing partner

Tellurian Capital Management

Jean-Marc is the founder and managing partner of Tellurian Capital, an investment management firm focused on commodity derivatives strategies that is also active in the financial technology investment sector. Before founding Tellurian in 2007, he was an investment banker at BNP Paribas, where he managed the global commodity derivatives trading business from 1995 to 2006. Bonnefous was an early investor in blockchain technology and was a board observer at Clearmatics, a core blockchain infrastructure company. In addition, he is a professor adjunct in finance at the IE business school in Madrid.

Nikitas Psyllakis

Managing director, global and Emea chief operating officer, and UK country officer

DWS Group

Nell Mackenzie

Investing reporter

Risk.net

Nell Mackenzie covers investors – from asset managers to hedge funds and everything in between. She has previously written about technology and business at the BBC and about banks at Financial News. Mackenzie earned a graduate diploma in financial journalism from City University in London.

Barry Lowe

Senior vice-president, capital markets

KWA Analytics

15:3016:20

ESG and climate risk: Implementing a best-in-class risk management framework
Boardroom Buy-Side Risk 3

14:50 - 16:10

  • What requirements will the climate risk regulations bring?
  • Overcoming the lack of historical data related to ESG: what are the major initiatives in the industry?
  • Inequality and social unrest: How do we measure the social components?
  • Russia/ Ukraine: what is the impact on oil and gas? 
  • The cost versus benefit analysis: what keeps risk managers up at night?
Will Hadfield

Investing editor

Risk.net

Will Hadfield runs the investing team for Risk.net, overseeing coverage of hedge funds, conventional asset managers and insurance companies. He previously covered market structure for Bloomberg News in London, both as a reporter and an editor. He studied history at the University of Durham and speaks French.

Navin Rauniar

Co-chair ESG working group & UK SteerCo member

PRMIA - Professional Rrisk Managers'​ International Association

Navin Rauniar has 18 years of industry experience assisting large investment banks and capital market clients in responding to risk and regulatory requirements. Rauniar has significant experience working on cross-functional programmes spanning front office, risk, finance and compliance groups and speaks regularly at Libor transition events. He holds a bachelor’s degree in social sciences and economics from Brunel University in London.

Alain Robert-Dautun

Head of risk management

Sycomore Asset Management

Alain Robert-Dautun has over 20 years of experience in the financial markets and asset management, including in hedge funds investment and risk management. Before joining Sycomore Asset Management in 2006 as head of risk management, he was senior investment analyst and member of the investment team at Allianz Alternative Asset Management, before which, he was portfolio manager for a long short equity fund for CPR Asset Management. Previously, Robert-Dautun has served as head of new products development for JP Morgan, head of asset allocation for State Street Global Advisors and quantitative analyst for Sinopia Asset Management. He holds a master's degree in statistics from the Paris Institute of Statistics, is a CFA charterholder and is member of the Institute of Actuaries. Robert-Dautun is a member of the risk commission for the French Asset Management Association.

 

Alpesh Doshi

Partner

Redcliffe Capital

Alpesh Doshi is a thought leader that focuses on how organisations can transform and future-proof their businesses using emerging technologies – particularly big data, analytics and blockchain. He is focused on innovative thinking and practical strategies to add value for his clients fast and often, introducing an agile approach of working to digital transformation.

Himanshu Patel

Head of risk management group, Europe

Vanguard

Himanshu Patel leads the risk management group in Europe, providing risk oversight of the investment management group through the design and governance of investment and operational risk management strategies. Prior to joining Vanguard, he spent five years at EY as a senior manager in regulation and risk, providing asset management firms with practical advice on improving conduct and control. Patel has extensive experience in investment risk and performance analysis spanning 15 years at Northern Trust, BlackRock, Credit Suisse and JP Morgan.

16:3017:20

Modelling novel (exogenous) risks via alternative data: Insights for managing risk and optimizing performance
Boardroom Buy-Side Risk 4

16:10 - 17:30

  • How to leverage alternative data to model novel risks such as climate risk, ESG, geo-political risk, supply-chain?

  • What are the challenges and the approaches to integrate financial (market, liquidity, etc.) and exogenous risks and model interdependencies?
  • How to support effective asset-allocation and optimize performance across financial and novel risks?
Boryana Racheva-Iotova

Senior vice-president and global head of quantitative analytics and risk

FactSet

Boryana Racheva-Iotova, co-founder of FinAnalytica and former global head of risk at Bisam, is senior vice-president in charge of risk research and cognity operations at FactSet. She has over 15 years of experience in building risk and quant portfolio management software solutions. Before founding FinAnalytica, Racheva-Iotova led the implementation of a Monte-Carlo based value-as-risk calculation to meet Basel II requirements at SGZ Bank, as well as the development of six patented methodologies for FinAnalytica. She holds a master of science degree in probability and statistics from Sofia University and a doctor of science magna cum laude from Ludwig Maximilian University of Munich.

Anthony Fossati

Vice President, Head of Global ESG Sales

FactSet

Mr. Fossati is Vice President, Global Head of ESG Sales at FactSet and came from the Truvalue Labs acquisition. He was one of the original employees to help build the Truvalue Labs business. Mr. Fossati has worked in the financial services industry for the last 12+ years, including several global banks focusing on fixed income and trading. He received a B.S. from Lehigh University as a Finance Major.

Phil Harding

Commercial editor

Risk.net

Josh Gilbert

CEO and co-founder

Sust Global

Josh Gilbert is Chief Executive Officer and co-founder at Sust Global.

Sust Global is the leading provider of climate analytics and APIs, enabling every financial decision to be climate-informed.

Sust Global’s products deliver physical climate risk and GHG emissions analytics powered by state-of-the-art climate models, satellite observations and deep learning techniques.

Josh is a global expert and leader in climate tech and sustainable finance, having worked across climate tech, cleantech and geospatial analytics.

Josh is a thought leader and regular speaker on climate tech sustainable finance, as a published author on geospatial analytics and climate finance. Josh is quoted in publications such as TechCrunch, Reuters, FT/Sifted and UKTN. Josh holds a BA & MSc in International Development & Economics.

17:3019:00

Networking gala on the roof terrace

17:30 - 19:00