Agenda

Agenda

Agenda

09:4510:00

Risk.net welcome

09:45 - 10:00

10:0010:30

New and evolving risks from the outside world

10:00 - 10:30

10:0010:30

Global stagflation threat and monetary policy

10:00 - 10:30

  • Where do the biggest risks lie? 
  • How are policy makers navigating stagflation risk? 
Niko Herrala

Head of monetary policy implementation

Bank of Finland

Niko Herrala is an economist in the Market Operations and Analysis division of the ECB. His tasks include designing the monetary policy implementation framework of the ECB such as the recent non-standard monetary policy measures. Prior to joining the ECB he has been a market operations expert in Bank of Finland and Bank of Estonia implementing monetary policy auctions, liquidity management, bond purchases and foreign exchange operations in practice.

11:0011:45

Heads of trading perspective: losing liquidity? facing up to the growing risk and how markets will respond

12:00 - 12:45

  • What is the current state of union? How has liquidity changed in the last few years?
  • Asset vulnerabilities – which classes will be hit the hardest?
  • Which solutions allow for more seamless trading in the new environment?
Christian Kjaer

Head of liquid markets

ATP

Christian Kjær is Senior Vice President and ATP’s Head of Liquid Markets, an in-house risk-balanced multi-asset investment team with overall responsibility for the liquid part of ATP’s investment portfolio. He is a member of the investment committee, the committee for social responsibility and the corporate governance forum within ATP. Christian has previously held responsibility for global equities, inflation and volatility in ATP which he joined in 2015 as Portfolio Manager.

 

Prior to joining ATP Christian was Head of Inflation Trading in Nordea Markets. Before that he held positions in the Insurance and Pension Solutions Group at Credit Suisse, the Institutional Solutions group at Nordea Markets and Mckinsey & Company

 

Christian holds a M.Sc in Economics and a Ph.D in Economics (Game Theory) from the University of Aarhus, Denmark

 

In his spare time, Christian enjoys hanging out with his family and loves taking his race bike for a spin in the countryside

 

14:4515:30

Organisational change

14:45 - 15:30

14:4515:30

CROs perspective: Organising teams and establishing a resilient culture to respond to the challenges of the next crisis

14:45 - 15:30

With enormous uncertainty for markets and a transformed risk landscape, have changes in risk appetite impacted the organisational structure within firms?  

  • What does the next generation, resilient risk management team look like?   
  • Where are new skills needed and where are they sourced?
  • Re-addressing risk culture: risk taking and conscious risk  
Danny Frost

Chief risk officer, EMEA

AIG

Mr Frost joined AIG in June 2015, and currently serves as Chief Risk Officer & Regional Head of Operational Risk for EMEA and APAC. Prior to joining AIG, Mr Frost held several roles within Investment Banking, managing Derivative Operations, Middle Office and Prime Brokerage functions. Mr Frost spent nineteen years of his career at Credit Suisse and most recently held the positions of Global Head of Operational Risk for Collateral, Clearing, Valuations & Liquidity and Global Head of Operations New Business / New Product Approval.

Julia Dunn

Chief Risk Officer

HSBC

David Glendinning

Chief risk officer UK

Société Générale

Hannes Mosenbacher

CRO

Raiffeisen Bank International AG

Hannes Mösenbacher started his career in banking in the field of Risk Management in 1998. In 2008 he joined Raiffeisen Zentralbank Österreich as head of the risk controlling division. In 2017 Mr. Mösenbacher joined RBI Group’s Board of Management where he has since served as Chief Risk Officer. He also holds several supervisory board mandates.

Hannes Mösenbacher received a PhD in business administration from the Vienna University of Economics and Business (2002), as well as a master’s degree in business economics from the University of Graz (1998). While enrolled at the University of Graz, Hannes Mösenbacher also studied at the University of Oklahoma (1998).

15:4516:30

Technology change: exploiting latest developments

15:45 - 17:00

15:4516:30

Cyber security, fraud and AML: technology to enable early detection and prevention

15:45 - 16:30

  • As financial institutions become ever more data-dependent, how can firms secure against data breaches? 
  • How is cloud supporting cyber security strategies? 
  • AI/ML for enabling secure, intelligent analytics
Tom Kartanowicz CISM, CISS

Regional chief information security officer

Commerzbank

Danny Frost

Chief risk officer, EMEA

AIG

Mr Frost joined AIG in June 2015, and currently serves as Chief Risk Officer & Regional Head of Operational Risk for EMEA and APAC. Prior to joining AIG, Mr Frost held several roles within Investment Banking, managing Derivative Operations, Middle Office and Prime Brokerage functions. Mr Frost spent nineteen years of his career at Credit Suisse and most recently held the positions of Global Head of Operational Risk for Collateral, Clearing, Valuations & Liquidity and Global Head of Operations New Business / New Product Approval.

16:4517:30

Preparing for the next wave of disruptions to market structure & trading technology: what will risk leaders need to “get ahead” of?

16:00 - 16:45

  • DLT/ Blockchain and its real-world applications 
  • Automated e-trading: 
  • What advanced trading technologies are needed to keep up and will help modernise risk models? 
  • How has it impacted human capital? Where are firms re-focusing the deployment of skilled staff? 
  • How are leading firms updating their risk management practices and ensuring a standardised approach? 
Ilja Faerman

Vice President and Head of Client Solutions Group

Numerix

Ilja Faerman is VP and Head of Client Solutions Group at Numerix. He has extensive expertise in successfully delivering projects across EMEA covering pricing of complex derivatives in multiple asset classes, as well as calculating market and counterparty credit risk figures for large portfolios of simple and complex instruments. In recent projects, he has focused on advanced XVA metrics including KVA and MVA as well as coherent modelling of risk factors for the purpose of XVA calculation. Prior to Numerix, Mr. Faerman worked as a financial engineer and model validation analyst at Thomson Reuters. He holds a BSc in Business and Computer Science from the University of Rostock and an MSc in Finance from the Frankfurt School of Finance & Management. He is currently located in Numerix’s Frankfurt office. 

Jezri Mohideen

Wholesale chief digital officer

Nomura

08:0009:00

Registration and refreshments in the Risk Live networking gallery

08:00 - 08:10

08:1008:45

Climate risk: structuring your people, data, and technological tools in the most effective way
Briefing with Q&A

08:10 - 08:45

  • How are leading firms structuring teams in response to the growing urgency surrounding climate risk?  
  • The foundations: how can you build a meaningful picture of your firm’s climate risk appetite? 
  • Knowledge is power: how is best practice data management informing climate risk strategies?  
  • The tools to breach the gap between aspiration and action:  
    • creating a successful team and organizational structure to measure risk 
    • scenario stress testing 
    • disclosure and reporting requirements 
    • science based goals and their role in impact investing

 

Nick Stansbury

Head of climate solutions

Legal & General Investment Management

Deirdre Hannigan

Group Chief Risk Officer

AIB

Peter Mennie

Global head of ESG integration & research, and global head of investment risk & quantitative analytics

Manulife Investment Management

Peter Mennie, ASIP, is global head of ESG Integration and Research, and global head of Investment Risk & Quantitative Analytics for Manulife Investment Management. In these roles, Peter leads Manulife Investment Management’s team of dedicated ESG research and integration analysts to advance the firm’s ESG agenda. The team works with portfolio management teams on progressing ESG integration processes and conducting ESG engagement with investee companies; works with Manulife Investment Management’s sales and product teams on ESG strategy and marketing; and represents Manulife Investment Management on various industry groups and collaborative initiatives. Peter provides global risk leadership for all asset classes, and he ensures a consistent global approach to monitoring and managing investment risk and portfolio structure.

Peter also serves as the chief operating officer of Manulife Investment Management (Europe) Limited. Peter has previously held numerous positions within Manulife Investment Management including serving as a senior portfolio manager. Prior to that, Peter held a number of fund management positions focusing on various regional markets at Manulife Investment Management. Peter is a member of the CFA Society of the UK and of the CFA Institute, and he holds the ASIP designation, a recognized qualification of the CFA Institute.

Sophie Dupre-Echeverria

Chief risk officer

Gulf International Bank

Sophie Dupre-Echeverria is a risk practitioner working across risk & compliance disciplines at executive level to drive sustainable risk culture across organizations.

She worked at asset managers, private banks, corporate banks, big and medium sizes, mostly in the UK but always with international exposure, most recently UBS AM, Baring and Schroders.

She has joined Gulf international Bank as their Chief Risk Officer in January 2019.

08:5009:00

RISK LIVE EUROPE WELCOME – MAIN STAGE

08:50 - 09:00

09:0009:45

New and evolving risks from the outside world

10:00 - 10:30

09:0009:45

High inflation: back to the future – upskilling to cope with a new era of risk

09:00 - 09:45

As the world recovers from the coronavirus pandemic, improved economic prospects are bringing inflation into focus. The question on everyone’s minds currently is whether the recent spike in inflation is transitory or the start of a new (higher) inflationary regime, and how to deal with it. 
•    Dealing with an environment not seen since long before the 2008 crisis – are risk teams ready? 
•    Addressing the uncertainty of inflation and stagflation risk 
•    Managing fixed income portfolio for high yield investing  
•    What action should investors take?

Jerome Henry

Principal adviser, macro-prudential policy and financial stability

European Central Bank

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. Duncan 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, Duncan 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 appearing in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles.
Duncan has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has also won Incisive Media's journalist and editor of the year awards.

09:4510:30

“Big bets” on the next crisis: where the market shocks and most punitive losses may come from in the next 5 years, and how to prepare for them

09:45 - 10:30

  • What can be learned from past experience and historical data? 
  • How to strategize and mitigate risk as the landscape shifts: high inflation, Brexit bites, climate risk, fast-paced geo-political shifts and teams with limited experience of a high-inflation environment  
Christian Bluhm

Group CRO

UBS

Christian Bluhm became a member of the GEB and was appointed Group Chief Risk Officer of UBS Group AG and UBS AG in January 2016. He joined UBS from FMS Wertmanagement, where he had been Chief Risk & Financial Officer since 2010 and Spokesman of the Executive Board from 2012 to 2015. From 2004 to 2009, he worked for Credit Suisse, where he was Managing Director responsible for Credit Risk Management in Switzerland and Private Banking worldwide. Mr. Bluhm was Head of Credit Portfolio Management until 2008 and then Head of Credit Risk Management Analytics & Instruments after the financial crisis in 2008. From 2001 to 2004, he worked for Hypovereinsbank in Munich in Group Credit Portfolio Management, heading a team that specialized in Structured Finance Analytics. Before starting his banking career with Deutsche Bank in Credit Risk Management in 1999, he worked as a postdoctoral fellow at Cornell University in Ithaca and as a scientific assistant at the University of Greifswald. Mr. Bluhm holds a degree in mathematics and informatics from the University of Erlangen-Nuremberg and received his PhD in mathematics in 1996 from the same university.

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. Duncan 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, Duncan 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 appearing in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles.
Duncan has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has also won Incisive Media's journalist and editor of the year awards.

10:3011:15

Networking refreshments break

10:30 - 11:15

11:1512:00

Organisational change

00:00 - 00:05

11:1512:00

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

11:15 - 12:00

  • 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?
David Glendinning

Chief risk officer UK

Société Générale

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.

Tom holds a bachelor's degree in English literature from the University of Warwick, UK.

Stuart Lewis

Group Chief Risk Officer

Deutsche Bank

12:0013:30

Networking lunch break with sessions taking place in the networking gallery
Re-connect and meet new contacts as we return to in person!

12:00 - 13:30

12:3013:15

Women in risk – future leaders: networking and learning lunch
Briefing with Q&A

12:30 - 13:15

  • Financial services post-Covid-19: a better or worse deal for women?
  • How has the changing risk environment impacted the skills gap at financial institutions?
  • Where can the diversity of thought brought by women make the biggest difference?
  • What are the new barriers blocking investment in women at financial institutions and how can they be overcome?

Places secured through pre-registration: to apply please contact [email protected]

Deirdre Hannigan

Group Chief Risk Officer

AIB

Nicola Crawford

Chief risk officer

National Bank of Kuwait

Specialties: Compliance programme set up, framework development, monitoring programme and change management. Solvency II, ERM-maturity assessment, framework development and implementation, risk appetite, KRIs, process integration ,risk reporting and assurance.
Corporate governance, compliance and policy development
Operational, credit, liquidity, prudential and market risk management and governance
Risk ,business and technology transformation progammes
Programme / Project management, governance and assurance, Technology risk and governance, data governance, Cyber risk oversight
NED, risk oversight, integrated assurance
Operating model design and delivery
BI, Reporting Dashboards and Regulatory Focus

Sophie Dupre-Echeverria

Chief risk officer

Gulf International Bank

Sophie Dupre-Echeverria is a risk practitioner working across risk & compliance disciplines at executive level to drive sustainable risk culture across organizations.

She worked at asset managers, private banks, corporate banks, big and medium sizes, mostly in the UK but always with international exposure, most recently UBS AM, Baring and Schroders.

She has joined Gulf international Bank as their Chief Risk Officer in January 2019.

13:3014:50

Managing expectations, seeing results and avoiding pitfalls: digital transformation of the risk function
Executive Board Room 1

13:30 - 14:50

Interactive executive boardroom discussion

With growing demand from customers to digitize and a wealth of lessons learnt from the past two years, how are leading firms balancing the need to rapidly transform and exploit the latest technologies with the reputational risk if executed too hastily?

  • How technology is enabling better delivery of customer expectations without falling for the hype
  • Working within the scope of current regulatory policy and understanding what could be impacted next
  • Risks to consider when rolling out the transformation of the risk function

Places secured through pre-registration: to apply please contact [email protected]

15:0016:10

The age of automation and robots: finding efficiencies, creating an agile risk function and leveraging the right technological tools
Executive boardroom 2

15:00 - 16:10

Interactive executive boardroom discussion

  • In the age of margin improvements, where are there still efficiencies to be found?  
  • What is the budget needed to invest in tech, and what does the roadmap to realising a return look like? 
  • When prioritising projects, which areas of the business can change and serve customers more effectively? 

Places secured through pre-registration: to apply please contact [email protected] 

16:1517:25

Harnessing cutting-edge data and analytics: the era of the data-dependent financial institution
Executive boardroom 3

16:15 - 17:25

Interactive executive boardroom discussion

What are the benchmarks for next-generation risk managers looking to harness cutting-edge data and analytics? Everyone knows the importance of great data. But the reality is that many firms are still searching for the best way to harness real intelligence from the myriad of data sources – plus breaches are more and more common. 

Join this peer-to-peer discussion and find out exactly how your firm can: 

  • Source, gather, mine and secure data 
  • Leverage AI/ML to automate data processing 
  • Ensure analytics best serve your business’ risk management needs: surveillance, pattern and anomaly spotting, cutting-edge risk modelling, etc. 

Places secured through pre-registration: to apply please contact [email protected] 

17:3019:00

Networking gala

17:30 - 19:00