Banks and financial institutions are undergoing a sea change and today face an environment marked by growing consolidation, rising regulatory requirements, proliferating financial engineering, uprising technological innovation and mounting competition. This has increased the probability of failure or mistakess from the operations point of view - resulting in increased focus on managing operational risks.
Organizations have re-evaluated their risk management programs in wake of the recent financial crisis, realizing that existing risk management paradigms just don't work. Traditionally, risk was viewed in terms of financial loss but recent events have identified a new dimension of risk, relating it to business activities, strategic objectives and reputation.
Operational Risk is a risk arising from execution of a company's business functions, influenced by both internal and external variables. It has to be acknowledged and accounted for, not only as a compliance issue, but as an integral component to prudent business operations. Operational Risk can have critical impact on operational, financial and the reputational aspects of an organization. Hence, deciding the correct approach, framework and metrics is an inherent component of establishing a sound risk management practice.
The 2nd Annual Operational Risk Management 2010 which will happen from the 2nd-4th November 2010 in Dubai will serve as a platform to confer the diverse approaches to operational risk management with experts and learn the requisites to constructing a secure operational risk framework. Metrics utilized will be evaluated in order to combine results from different business functions to afford a holistic operational risk overview for the organization. These, in turn, will dictate how Op Risk can be used for strategic decision making for adding value to business.
Key Speakers
- Mr. Bryan Stirewalt, Dubai Financial Services Authority (DFSA)- Director, Supervision
- Mr. Kumar Natarajan, Mashreq Bank, UAE - PIOR, Head of Operational Risk
- Ms. Deepa Chandrasekhar, United Gulf Bank, Bahrain - Chief Compliance Officer
- Mr. Adnan Kirmani, CBQ – Qatar - Head - Internal Compliance & Control
- Mr. Prasanna Seshachellam, Dubai Financial Services Authority (DFSA), Associate Director – Supervision
- Mr. Yawar Gardezi, Al Rajhi Bank - KSA - Head Operational Risk
- Mr. Prasant Sarkar, NBF - UAE - Chief Risk Officer
- Dr. Dayanand Pandey, British University in Dubai - Senior Professor, Risk & Banking
- Dr. Bjorn Lenzmann, Emirates NBD - UAE - Head Operational Risk
- Mr. Peter Carl Van Veyeren, CBD - UAE - Head of Business Continuity
- Mr. Hari Haran Iyer, Dubai Bank - Head of Information Security
- Mr. Mark Schilstra, ABN Amro - Netherlands, Head of Operational Risk – Central Risk Management
- Mr. Ronald Hawes, Deutsche Bank AG, Founder Director, TWCS & formerly Global Operational Risk Manager
- Mr. Horst Simon, GARP, Co-Regional Director
Advisors:
- Mr. Bryan Stirewalt, Dubai Financial Services Authority (DFSA)- Director, Supervisior
- Mr. Gene Alvarez, Fannie Mae, USA - Executive Officer - Risk Managementli>
- Mr. Kumar Natarajan, Mashreq Bank, UAE - PIOR, Head of Operational Risk
- Ms. Deepa Chandrasekhar, United Gulf Bank, Bahrain - Chief Compliance Officer
- Dr. Lamees Al Qaisi, National Bank of Abu Dhabi, UAE - Head of Operational Risk
- Mr. Dean Rowan, Gulf One Investment Bank, Bahrain - Chief Risk Officer
- Mr. Abhik Goswami, National Bank of Bahrain - Head – Risk Management
- Mr. Nalin Wijetilleke, RAK Bank – UAE - Manager – Business Continuity Management
Key topics:
- Develop a dynamic & responsive operational risk management framework to maximize business value
- Optimize your journey towards the AMA, and make the most out of it
- Understand the importance of a BCM program for your organization
- Explore how to map, measure & model key operational risk indicators
- Discover the importance of embedding Risk Management principles across the organization
- Benefit from landmark case studies on how to improvise, implement & sustain a robust Operational Risk Management Model
- Prepare yourself to respond to future regulatory requirements & market challenges
- Spearhead the fight against fraud by setting the tone at the top
Who should attend:
CEOs, CROs, SVPs, AGMs, Group Heads of Risk, Directors/Heads of Risk Management, Basel II Programme Directors, Heads of Operational Risk/Operational Risk Managers/Directors, Heads of enterprise-Wide Risk Management, Heads of Regional Risk or International Risk, Chief Internal auditors, audit Managers, Internal auditors, Chief Compliance Officers, Risk Managers, Heads of Internal Control, Directors/Managers Supervision, Senior Managers Risk Management, Regulators, Lawyers and Consultants, Board of Directors, Senior Managers responsible for the areas of internal controls, operations, risk measurement and compliance with laws and regulations
Brochure Request
| Event info: T: +91 98863 54321 F: +971 4 609 1589 E: samir.ahmed@fleminggulf.com |
Sponsorship info: T: +9180 50500 845 F: +971 4 609 1589 E: david.smith@fleminggulf.com |
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