Day 1

8.30 Registration and Refreshments

9.00 Opening Remarks

9.10 Keynote Presentation

9.40 Panel discussion: Risk and Return - using risk analysis to increase profitability of investments

• Effectively using risk indicators for investments
• Lessons from the crisis: Balancing risk metrics and good judgment for an optimal outcome
• Alpha, Beta....what returns are you obtaining, and what were you set to obtain?
• An outlook for the future: Managing and rebalancing portfolios to preserve and grow wealth

Moderator: Dean Rowan, Chief Risk Officer, Gulf One Investment Bank
Tarek Kabrit, Principal, Siraj Capital
Harvey Toor, Chief Risk Officer, Abu Dhabi Investment Council
Dr Amin El-Kholy, Executive Director and Head of Asset Management, Arqaam Capital
Hassan Chehime, Managing Director and Head of Corporate Risk Management, Investcorp

10.30 Morning refreshments and networking break

Credit Risk and Market Risk

Governance, Operational Risk and Compliance

11.40 Chairman’s Opening Remarks: Michael Temchin, Head of Credit Risk Quantitative Business Analysis, RBS GLOBAL BANKING & MARKETS (UK)

11.40 Chairman’s Opening Remarks: Ellen Davis, Divisional Online Editor,
RISK.NET

11.50 Presentation: Credit cycles – relevance, drivers and implications for credit risk management
• Analysing credit cycles

• Relationship between economic growth and credit losses
• Scope for proactive and countercyclical credit policies
• The future of the credit derivatives market in 2010
Ajay Jaiswal, Credit Risk Officer, BBK

11.50 Presentation: Demonstrating ROI from an operational risk programme

• Raising operational risk awareness in your firm
• Establishing the added value of operational risk
• Changing perceptions: Data loss can be monitored, measured and mitigated
• Building bridges: Best communication strategies to achieve your operational risk objectives

Shahab Syed, Head of Operational Risk, ARAB BANKING CORPORATION

13.50 Panel Discussion: Changes to regulation to ensure financial stability

Moderator: Gene Guill, Managing Director, DEUTSCHE BANK (USA)
Naveed Siddiqi, Banking, Supervisor, Basel II implementation, CENTRAL BANK UAE
Prasanna Haran, Director, QATAR FINANCIAL REGULATORY AUTHORITY
Dr. Michael W. Taylor, Adviser to the Governor, CENTRAL BANK OF BAHRAIN

14.30 Panel Discussion: Practical application of Basel II and enhancements to the accord

• Meeting the requirements of Basel II: Where do financial institutions and regulators stand?
• Islamic finance and Basel II applications
• How have banks in the region followed and implemented Basel II recommendations?
• Basel II enhancements: What is new and how it will affect the Middle East

Moderator: Dean Rowan, Chief Risk Officer, GULF ONE INVESTMENT BANK
Dr. Sunando Roy, Member of the Board of Directors, PRMIA
Dr. Sven Christian Steude, Senior Researcher, SWISS BANKING INSTITUTE
Naveed Siddiqi, Banking, Supervisor, Basel II implementation, CENTRAL BANK UAE

15.20 Presentation: Thinking the unthinkable: Stress testing scenarios

• Developing and incorporating company specific scenarios
• Beyond the extreme: How extreme should a stress test be in order to be effective?
• Overcoming the challenges: Is there enough data
• Beyond the numbers: Incorporating qualitative variable to your models

Dr. Sunando Roy, Member of the Board of Directors, PRMIA

15.20Presentation: Complying and preventing Money Laundering
• Identifying the key risk assessment variables to prevent money laundering
• Addressing the global challenge: Dealing with multiple jurisdictions and regulation disparities
•Optimizing financial crime detection management: Streamlining compliance monitoring across the business

Inuwa Affa, Lecturer, BAHRAIN INSTITUTE OF BANKING & FINANCE

16.00 Presentation: How to not let VaR fail: recent lessons learned

• Applications and limitations of VaR
• Understanding the information provided by VaR
• Ensuring risk managers and board members understand results
• Stressed VaR: What can it tell you
• To which extent is it applied and by which departments

Dr Dayanand Pandey, Head of Risk Management, BANK MELLI IRAN

16.00 Panel Discussion: Keeping your board out of jail: Setting up an effective compliance framework

• Ensuring you identify the areas of weakness
• Reducing cost: Sharing experiences and tools with your operational risk department
• Addressing the governance issues between compliance and risk
• One step closer to GRC: An integral approach to risk and compliance

Moderator: Ellen Davis, Divisional Online Editor, INCISIVEMEDIA
Deepa Chandrasekhar,
Senior Vice President, Chief Compliance Officer, UNITED GULF BANK
Dr. Björn Lenzmann, Head of Operational Risk, EMIRATES NBD GROUP
Inuwa Affa, Lecturer, BAHRAIN INSTITUTE OF BANKING & FINANCE

16.50 Chairman's closing remarks

17.00 Networking reception