The Global Risk Management Leadership Meeting

09:30 Registration and breakfast

10:00 Welcome from the European Risk Management Council

• Dr Evgueni Ivantsov, Chairman, European Risk Management Council

10:10 Opening remarks from the Meeting Host

• Silvia Pavoni, Editor in Chief, The Banker magazine, Financial Times Group

10:15 Session 1: Building organisational resilience to sustain major risk shocks and global disorder

In the face of high interest rates, low consumer spending, and surging geopolitical volatility, financial institutions are confronted with the challenge of maintaining their financial and operational resilience. This raises the question of whether these negative trends are contributing to vulnerabilities in resilience, creating new sources of pressure. To overcome these challenges, it is essential for financial institutions to enhance their resilience strategies to effectively mitigate growing risks, ensure sound performance and meet increasing regulatory requirements on operational resilience.

Chair: Silvia Pavoni, Editor in Chief, The Banker magazine, Financial Times Group 

Opening Addresses:

11:25 Session 2. Digital transformation in the era of increasing model complexity

In the era of digital transformation and the proliferation of AI and highly complex models, the rapid pace of digitalization presents both new opportunities and amplified risks to the financial sector. It is crucial for financial institutions and their risk management divisions to actively embrace digital technology to remain competitive and maintain a robust risk management framework. How can financial institutions leverage digital innovation to enhance security, risk management, agility, and customer orientation within their businesses? 

Chair:

Opening Addresses:

12:35 Networking Lunch

13:15 KEYNOTE ADDRESS from Knowledge Partner: Achieving Digital Resilience in line with emerging regulatory requirements and changing cyber landscape

13:35 Session 3. Striking a balance: Exploring opportunities, challenges and risks of AI in risk management

Financial institutions are increasingly adopting AI models to enhance efficiency and manage costs. However, diverse approaches emerge in addressing risks, including model risk, as various underlying models support these technologies. The session will provide a perspective on how financial institutions are navigating these challenges and industry’s best practices to strike a balance between risk and reward when leveraging these advanced models.

Chair:

Opening Addresses:

14:40 Networking Coffee Break

15:10 Session 4. Leveraging on advanced data and AI analytics to enhance CROs' decision-making

In the era of rapidly advancing analytics, it is imperative for boards, CROs, and top managers to capitalize on the opportunities presented by advanced data and AI analytics to enhance their decision-making processes. The session will explore the journey that financial institutions must undertake to cultivate robust data analytics and AI solutions, enabling them to navigate the ever-evolving risk landscape with greater understanding and agility.

Chair:

Opening Addresses:

16:15 Session 5. Integrating climate risk and ESG in risk management framework

As the climate crisis becomes increasingly apparent, it is paramount for financial institutions to gain a deep understanding of how to effectively integrate climate and ESG considerations into their risk management processes. This session will focus on sharing practical insights and industry best practices necessary to drive sustainable business practices and meet regulatory requirements. With a focus on forward-thinking approaches, participants will discuss how to navigate and mitigate these emerging risks in a rapidly changing world.

Chair: 

Opening Addresses:

17:20 Chairman’s closing remarks

• Dr Evgueni Ivantsov, Chairman, European Risk Management Council

17:30 Networking