Day 2

8.30 Registration and coffee

9.00 Welcoming Address: Jonathan Greene, Publisher, HEDGE FUNDS REVIEW , ICFA FAMILY OFFICE INVESTMENT CLUB

9.10 Keynote Address: Dr. Wichai Turongpun, Senior Economist, ARAB PETROLEUM INVESTMENTS CORPORATION

9.50 Executive Address : Risk Governance - preventing the next crisis
• A failure of risk management or of risk governance?
• The secret of how Risk teams were ignored when they were most needed
• The truth about what went wrong pre and during the crisis
• What made it predictable
 How ideology infected good investment
 Why the regulators and governments had no clue- & the indicators they need
 What the banks can't say, but they know is needed
• Sovereign Wealth Funds- how they see everything and corresponding unique perspective
• Proposing a structural reform solution and urgent Triage that Governments must lead
Harvey Toor, Chief Risk Officer, ABU DHABI INVESTMENT COUNCIL

10.30 Morning refreshments and networking break

11.00 Presentation: The Emerging Need for Risk Based Business Strategy
• Create Competitive Advantage through Effective Risk and Liquidity Management
• What will the new Regulation will ask for
• Create your Liquidity Risk PnL
Alexander Dorfmann, Head of Product Management, THOMSON REUTERS
Senior Executive, THOMSON REUTERS

Credit Risk and Market Risk

Governance, Operational Risk and Compliance

Michael Temchin, Head of Credit Risk Quantitative Business Analysis, RBS GLOBAL BANKING & MARKETS (UK)

, Divisional Online Editor,
RISK.NET

11.40 Presentation: Risk management in Islamic finance
• Compatibility of Basel regulations and Islamic Finance
• Standardization of Islamic products
• How have Islamic financial products performed over the past 18 months

Ijlal Al Avi, CEO, INTERNATIONAL ISLAMIC FINANCIAL MARKET

11.40 Presentation: Establishing operational risk practices across the business
• Raising awareness of operational risk across business silos
• Ensuring cooperation with operational risk assessments
• Creating a culture that effectively monitors, assesses and mitigates risk
• Pricing risk: Communicating results to business-line managers

Deepa Chandrasekhar,
Senior Vice President, Chief Compliance Officer, UNITED GULF BANK

12.20 Quantitative risk modelling of real estate investments.
• Overview of quantitative risk modelling of alternative investments
• Overcoming obstacles in real estate risk modelling
• Deal by deal quantitative risk modelling
• Quantitative risk modelling of Debt Real Estate
• Incorporating real estate portfolio risk into an enterprise risk framework
Hassan Chehime, Chief Risk Officer, INVESTCORP

12.20 Presentation: Fraud risk management and mitigation
• Determining which transaction have a greater fraud risk
• Implementing the right controls- building and integrating a data gathering framework
• Verifying your data quality : Ensuring that data has not been tampered with
• Constructing a dynamic foundation able to adapt to different situations
Dr. Björn Lenzmann, Head of Operational Risk, EMIRATES NBD GROUP

13.00 Lunch and opportunity to network

14.10 Executive Address: Deleveraging, restructuring and reevaluating risks in a credit portfolio
Michael Temchin, Head of Credit Risk Quantitative Business Analysis, RBS GLOBAL BANKING & MARKETS (UK)

15.00 Academic address: Lessons from the 2008/2009 global financial crisis – modelling and managing liquidity risk
• Liquidity: definition and types
• Taming a beast - the unpleasant nature of liquidity risk
• Prominent victims of liquidity risk
• Liquidity modelling: joining market and liquidity risk in a jump diffusion process
• Liquidity managing: how you can hedge your liquidity risk
Gunter Meissner, PhD, Director Financial Engineering Program, UNIVERSITY OF HAWAII, SHIDLER COLLEGE OF BUSINESS
Presentation based on the research carried out with Robert Engle (Nobel Prize Laureate 2003)

Michael Temchin, Head of Credit Risk Quantitative Business Analysis, RBS GLOBAL BANKING & MARKETS (UK)

15.50 End of the conference