Programme

Programme

Risk Australia Agenda 2021

08:5509:00

Opening remarks

09:00 - 09:10

Peter Deans

Former CRO; Director

The Regtech Association

Peter Deans is a former Chief Risk Officer. Peter retired in May 2019 after seven years as Group Chief Risk Officer of the Bank of Queensland (BOQ) in Australia and a finance career of over 32 years. Peter was awarded Australian Banking & Finance magazine’s Chief Risk Officer of the Year award in 2014, 2015, 2016 and 2018.

Peter now undertakes selected risk and strategy advisory engagements in the financial services, corporate and start up/technology sectors.  Peter is a regular speaker, in Australia and overseas, on risk management, ethics, technology, and regulatory and compliance topics. 

Peter is also the Creator & Founder of the 52 Risks management framework (www.52Risks.com) and a Non-Executive Director of The Regtech Association in Australia.

09:0009:30

Keynote Address: The 4Cs of risky business

09:10 - 09:40

A regulator’s perspective on four KRIs for conduct risk: consumer outcomes, culture, cyber and climate.

Including Q&As with Blake Evans-Pritchard, Hong Kong Bureau Chief, Risk.net

Karen Chester

Deputy Chair

Australian Securities and Investments Commission

Karen Chester commenced as an ASIC Deputy Chair on 29 January 2019.

Before joining ASIC, Karen was a Commissioner at the Productivity Commission since 2013 and Deputy Chair since May 2016.

Previously, Karen was a Partner at Mercer and Global Head of Infrastructure. Before joining Mercer, Karen was a Partner at Access Capital Advisers and the CEO of Access Economics. Karen has held directorships on several Australian infrastructure company boards.

Before moving to the private sector, Karen held senior economic policy roles in the Australian Treasury and the Department of Prime Minister and Cabinet.

Karen has a first class honours degree in Economics from the University of Queensland and was awarded an honorary doctorate in Economics by the University in 2017. She is also a graduate of the Australian Institute of Company Directors.

Blake Evans-Pritchard

Bureau Chief, Asia

Asia Risk

Blake Evans-Pritchard is bureau chief, Asia, for Risk.net based in Hong Kong. Before taking on his current role, he spent three years covering regulatory issues across Asia for Risk.net, including implementation of Basel III and other international standards in regional jurisdictions. Previously, he spent five years in Brussels writing about the European Union’s financial services sector and competition policy and a number of years as Africa editor for a news service covering post-conflict restitution around the world.

09:3010:10

CRO Think Tank: Rethinking risk assessment and building a new risk management playbook for better business resilience

09:40 - 10:15

  • Responding to the pandemic-how have the recent events changed the way financial institutions assess risk today? How has the pandemic affected future strategy? What sort of risks are risk managers being asked to monitor now and in the years ahead? 
  • Is the current approach of risk management still fit for the future? Which extra tools should risk managers have in their toolbox to be better prepared for future risks?
  • What emerging risks are keeping you awake at night?
  • Approaches to recovery policy and business continuity management
Kirsten Wymer | Moderator

Head of Risk Strategies and Research

BT Financial

Kirsten Wymer is Head of Risk Strategies and Research at BT Investment Solutions (BTIS), specialising in risk allocation, member analysis and asset allocation modelling techniques for multi-asset portfolios. Kirsten is a published author with papers appearing in 'The Journal of Retirement' among others. Prior to joining BTIS, she spent 15 years as a sell-side derivatives trader and quantitative researcher in a career spanning electricity, rates and equities asset classes. 


In addition to quantitative research and modelling for BTIS, Kirsten’s team also manages 10bln in cash and fixed income on behalf of BT – part of the Westpac Group.

Patrick Ashkettle

Chief Risk Officer

Bank Australia

Campbell Nicoll

Chief Risk Officer

Regional Australia Bank

Campbell Nicoll is the chief risk officer at Regional Australia Bank, having over 15 years of experience in both credit risk management and operational risk management. Campbell brings a balanced approach to risk management given his background in both risk management and corporate banking. Prior to his role at Regional Australia Bank, Campbell's roles within the financial sector includes general manager positions at ASB Bank (New Zealand) and the CRO role at the Bank of South Pacific (Fiji).

Sam O’Brien

Director - RSA Archer GRC, Asia Pacific & Japan

Archer Integrated Risk Management

Over the last 18 years, Sam has been helping organisations meet and exceed their Risk & Compliance goals. Sam began his career as a practitioner, before moving into consulting and then to risk technology.

For the last 10 years, Sam has worked with RSA Archer, supporting its customers and partners around Asia Pacific and Japan, working across industries including FSI, Government, Manufacturing, Information Technology/ Information Security and Telco.

 

Sam now leads the RSA Archer Integrated Risk business in Asia Pacific and Japan and takes pride in the role that RSA’s solutions, teams and partners play in solving some of today’s biggest risk challenges. 

David Clarke

Executive CRO

National Australia Bank

David was admitted as a barrister and solicitor of the Supreme Courts of Queensland, New South Wales and Victoria (as well as the High Court of Australia) in 1998.

David previously worked in the corporate and financial services divisions of Clayton Utz in Sydney, and Linklaters in London and Tokyo, followed by four years in the Financial Services Group of Macquarie Bank in Sydney.

10:1010:20

Special Guest Address: The Power of Risk Management

10:15 - 10:25

Dr Jeevan Perera

Risk Manager

National Aeronautic and Space Administration (NASA)

Dr. Jeevan Perera is currently the Risk Manager for the Orion space vehicle.  The Orion is NASA's new spacecraft which will replace the Space Shuttle, service the International Space Station, and then return astronauts to the moon and eventually mount expeditions to Mars.  Dr Perera has been with NASA for 20 years.  In his current capacity, he is responsible for risk management policies, processes and analytical tools that ensure the successful deployment and operations of this new spacecraft.  He oversees both quantitative and qualitative risk analysis processes and provides technical direction to a team of risk analysts.  Formerly as the International Space Station Risk Manager, he designed, developed, implemented and improved the Program's risk management processes through a phased, systematic approach setting the standard for NASA’s risk practice.  Prior to his work in risk management, he has worked in different technical fields in support of many NASA programs and projects.  These duties have included management responsibility for versions of the primary and back-up flight software for the Space Shuttle and development responsibility for other software used aboard Space Shuttle and International Space Station missions. 

Dr. Perera has been a member of the Board of Trustees for a local homeowners association, has provided legal advice to the United Space School, a foundation for international space education that brings student from around the world for focused classes on space related disciplines. He often presents on space topics at schools, universities, public events and international conferences.  Dr. Perera has both a Jurisprudence Doctorate (law) and a PhD in Industrial Engineering.

10:2011:10

Executive Discussion: Strengthening the ‘voice of risk’ in risk culture and non-financial risk management in Australia

10:25 - 11:05

  • The growing impact of regulatory expectations and legislations (Royal Commission, BEAR, FAR, etc.) on conduct risk
  • 3 years on from the Royal Commission - what outcomes and evidence of genuine reform in the risk governance and culture have we seen? Is it now mature and well-understood?
  • Ways to demonstrate compliance with risk culture to regulators and the Board
  • The role of technology in measuring and demonstrating compliance 
  • How to measure the risk culture of an organization?  
Vicki Wright | Moderator

Senior Director - GRC Solutions

MetricStream

Vicki is an experienced leader with a proven ability to drive rapid growth and business results in the space of Governance, Risk and Compliance.  For the last 20 years, Vicki has worked with leading organisations in Australia, New Zealand and Singapore to support their GRC journeys from digitisation of Risk and Compliance processes; to integration of those processes with strategic and operational planning processes; and alignment with organisational performance frameworks to support improved performance reporting.

As Senior Director GRC Solutions for MetricStream in Australia, Vicki is responsible for driving business growth in the region and enabling our customers Thrive on Risk.

Antoine Delterme

Chief Risk Officer

UBS Australia and New Zealand

Antoine is the Head of Market Risk for UBS Australia and New Zealand since 2016 and was appointed Chief Risk Officer in 2019.

Prior to joining UBS, Antoine held numerous senior risk and trader roles across the APAC region, specializing in equity derivatives trading.

Antoine has over 20 years of risk and trading management experience in the financial services industry in Asia-Pacific markets.

Donovan Hutchinson

Head of Business Controls and Monitoring

Westpac

Donovan leads the Risk and Compliance team for Westpac’s insurance entities, including Life Insurance, General Insurance, and Lenders Mortgage Insurance.  He is responsible for overseeing all risks faced by these entities, both financial and non-financial.  A big part of Donovan’s role is working with key stakeholders, including the Board and regulators, in making sense of the risks faced by these entities in increasingly “VUCA” (Volatile, Uncertain, Complex and Ambiguous) times.  Donovan previously led risk and compliance teams at the Commonwealth Bank, and his career spans a variety of roles in superannuation, banking, and regulation. 

Chris Linde

Chief Compliance Officer & Executive Conduct Risk

National Australia Bank

As National Australia Bank’s (“NAB”) Chief Compliance & Conduct Officer and Acting Group MLRO, Chris Linde is responsible for Compliance, Conduct and Financial Crime Risk at NAB.  Chris assists NAB’s lines of business, globally, in their assessment and management of Compliance, Conduct and Financial Crime risk.  He assists individual business units with the development, implementation and monitoring of policies and procedures required to manage Compliance and Financial Crime risk, including the regular testing of their effectiveness. 

Prior to joining NAB, Chris was a senior partner at Deloitte specialising in Risk within the Financial Services sector.    With over 25 years’ experience in consulting and the financial services industry, Chris has experience in and exposure to all aspects of retail, wealth and capital markets/institutional banking. 

Catherine Maxwell

General Manager, Policy and Advocacy

Governance Institute of Australia

Catherine has a strong background in governance and policy gained at the Australian Prudential Regulation Authority, the ASX Corporate Governance Council, ASX, the Australian Institute of Company Directors and the Financial Services Council. Qualified as a lawyer, she has also held roles as a company secretary with The Cancer Council NSW, NPP Australia Limited and Father Chris Riley’s Youth off the Streets Limited.

Belinda Ray

CRO

CareSuper

Belinda leads CareSuper's Compliance and Risk team in identifying and managing governance and risk. She is also the corporate company secretary.

Belinda has over 25 years' experience in superannuation consulting, auditing and accounting, starting as an auditor for Ernest & Young. Later, she moved on to hold several senior roles at Towers Watson ( now known as Willis Towers Watson), including Senior Consultant for corporate super funds and Head of Research, Information and Compliance.

Belinda holds a Bachelor of Business (Accounting and Information Systems), a Graduate Diploma in Organisation Leadership and is a member of the Institute of Chartered Accountants Australia and New Zealand. 

11:1011:50

Benchmark Reform and LIBOR Transition: are we there yet?
Panel Discussion

11:35 - 12:15

  • Updates on the implementation timelines approach 
  • How the postponement of LIBOR deadline is affecting Australian banks and supers - can the firms keep up?
  • How are banks helping their customers’ transition? 
  • Will the post-LIBOR world become fragmented? 
  • Does AUD trend to an RFR market?
Nick Burrough | Moderator

Fixed Income Market Specialist

Bloomberg L.P.

Nick has spent 27 years in financial market, including 21 years as a market maker and structurer across G10 Interest Rate Derivatives in London, Toronto & Sydney. As a market maker, he traded Interest Rate Swaps, Interest Options and Inflation products, and over saw many changes in Front Office trading and valuation methodologies. Following a short period of Trading System consultancy, Nick joined Bloomberg’s Sydney office 5 years ago as the Australia & New Zealand Fixed Income Market Specialist.

John Henson

Head of Regulatory Response & LIBOR Transition & Benchmark Reform Lead Data, Analytics & Strategy Execution

National Australia Bank

Over 25 years in Financial Services. John is the NAB Lead on Financial Benchmark Reforms and has been involved in leading this since October 2017.In this role John advises and works closely with Sponsor, impacted product and customer segment heads, risk, legal & project managers to ensure NAB meets the timelines and changes required to transition customers off LIBOR to alternative reference rates.

Yu Zhang

Managing Associate

ALLENS

Yu is a Managing Associate in the Banking & Finance practice group at Allens. He advises borrowers and lenders on a broad range of finance transactions and global markets issues, including in relation to derivatives and GMRAs. He is currently working with a major Australian bank on its LIBOR transition.

Yu is a regular speaker on behalf of the International Swaps and Derivatives Association, Inc and the Asia Pacific Loan Market Association.  He completed his Masters of Law at Cambridge University in 2009 with a focus on private law, and his Masters of Law at Harvard University in 2010 with a concentration in corporate governance and financial regulation.

Pieter Bierkens

CBA Group Interest Rate Benchmark Reform Lead

Commonwealth Bank of Australia

Pieter is Commonwealth Bank of Australia’s Interest Rate Benchmark Reform Lead. In his current capacity he coordinates the Bank’s preparation for the global reform of interest rate benchmarks. His prior role was that of Executive Director – Regulatory Strategy. He has been based in Sydney since 2014.

Previously, Pieter was Head of Markets of Commonwealth Bank in New York. Prior to Commonwealth Bank, he worked for 10 years in New York and London, where he started his career advising institutional investors on global fixed-income markets.

A dual citizen of the US and the Netherlands, Pieter holds a degree in Economics from Erasmus University and a Master degree in International Affairs from Columbia University in New York. He is a Chartered Financial Analyst and holds the Financial Risk Manager designation.

11:5012:30

Effective collateral management operations
Panel Discussion

12:15 - 12:45

  • How has Covid-19 impacted the UMR implementation?
  • Mitigating regulatory and reputational risks by determining the insourcing and outsourcing of IM calculation with historical data
  • How to overcome complication in IM calculation in view of the increased usage of OTC derivatives and diversified portfolios
  • What are the key considerations in implementing consistent models for the valuation and sensitivities calculations across all asset classes?
  • How does the calculation of pre-trade margin requirements help identify the cheapest way to trade?
John Feeney | Moderator

Consultant

Martialis Consulting

John Feeney manages Martialis Consulting working on financial markets product and infrastructure. He has been in financial markets for over 30 years in trading and management roles across most asset classes. Prior to joining NAB, Mr. Feeney has worked for Commonwealth Bank in Sydney, Citi in Sydney and London and Macquarie Bank in Sydney. Over this time he has traded and managed interest rate derivative, foreign exchange, traded credit, commodities and funding businesses.

Recently, Mr. Feeney has been an ISDA Board Member and Vice-Chairman and an AFMA Board member.

Mr. Feeney has a PhD and BSc (Hons) from University of Sydney.

Brendan Byrne

Head of Collateral Management & Liquidity

Suncorp Bank

Brendan has been working in financial markets, with a particular focus on Collateral Management for over 22 years. Starting in London with UBS in 1998, Brendan helped develop UBS’s in-house OTC derivatives collateral management solution “COMA” before becoming a Collateral Manager himself and working across the OTC and Stock Lending portfolios. Later, Brendan transferred to Sydney to establish a collateral management presence in Australia before setting up and managing the Australian Prime Brokerage operation supporting the UBS Hedge Fund Services business.

Following a move to Brisbane in 2006, Brendan joined Suncorp where he established their OTC Collateral Management function as well as the Banks’s Repo business. Currently, Brendan has combined responsibility for Suncorp’s Cash and Collateral Management with a primary focus over the last few years on delivering to the OTC Regulations around reporting, UMR and Central Clearing.

Sophie Marnhier-Foy

Director, Product Management – Margin & Risk

Adenza

Sophie Marnhier Foy is the Director of Product Management for Margin and Risk at Calypso Technology. In her role, she designs the Calypso margin solutions to meet the various regulatory margin and clearing requirements. Currently, she is working very closely with Calypso clients implementing ISDA-SIMM to ensure that their compliance with the Uncleared Margin Rules for September 2019 and 2020 will be successful.

Ms. Marnhier-Foy is also in charge of Calypso Risk solutions including the regulatory, CCP, and counterparty risk offerings. Prior to this role, she held the position of Principal Product Manager for Calypso Middle Office solutions.

Before joining Calypso, Ms. Marnhier-Foy worked for Calyon (now Crédit Agricole CIB) in New York and Paris, working on Risk Management and Front Office project management. Prior to Calyon, she worked for PricewaterhouseCoopers (PWC) in Paris as a Bank Auditor.

Robert Fievez

Consultant – Derivatives and Investments

Resolution Life

Robert Fievez is Melbourne based with 15 years’ experience in Government and Financial Markets specialising in broad scope regulatory change. His experience has focused on helping firms, large and small, to match the regulatory requirement against the underlying portfolio impact and make the transition to new operating and business models. Mr. Fievez has also led engagement with local (APRA and RBA) and overseas (US Federal Reserve, Japanese Financial Services Agency, etc.) regulators across a range of reform issues.

Mr. Fievez is currently with Resolution Life, Australia within the Investment Strategy team overseeing implementation of derivatives business strategies for execution, risk management, compliance and collateral management.

Paul Wylie

Head of Risk, Asia-Pacific

LCH

Paul Wylie is Head of Risk, Asia Pacific for LCH Ltd.  In his role, he is responsible for overseeing the various LCH risk functions and benchmark reform for the APAC region.

Before joining LCH in March 2019, Paul headed Structured Products and managed fixed income portfolio mandates at Mason Stevens.  Prior to that, Paul held senior front office trading roles both in Australia and overseas, including running Strategic Trading, CVA Trading, and Credit Solutions for Lloyds bank PLC in London.

Paul holds degrees in Actuarial Studies and Applied Finance from Macquarie University, Australia.

12:3012:55

In Conversation about ESG in Asia : Challenges and opportunities

12:50 - 13:00

  • Global ESG market: Strategic considerations
  • In light of the latest APRA paper what do lenders/investors need to be doing now to prepare for climate risk?
  • Important ESG considerations for companies
  • Two big challenges include staff capacity on climate risk, as well as having actionable data
Kamran Khan

Managing Director, Head of ESG for Asia Pacific

Deutsche Bank

Kamran Khan is Deutsche Bank’s Head of ESG for Asia Pacific. In this newly established client-facing role, he is responsible for defining and executing the bank’s ESG strategy across all business divisions in Asia. He is a member of the Global Sustainability Council of Deutsche Bank.


Prior to joining Deutsche Bank, Mr. Khan established Infra-Tech Capital, an impact fund investing in companies utilizing technology to provide infrastructure services and achieve UN Sustainable Development Goals. He was also appointed by the Obama White House to serve as the head of global investments and operations at the US Millennium Challenge Corporation, where he managed a USD 10bn portfolio and led a USD 1.5-2bn annual investment program globally.


Previously, Mr. Khan held senior executive roles at the World Bank and helped establish the World Bank Group regional hub in Singapore, comprising the World Bank, International Finance Corporation (IFC) and Multilateral Insurance & Guarantee Agency (MIGA). Prior to his time at the World Bank, Mr. Khan worked on M&A transactions and advisory mandates at JP Morgan and LEK. He also served as a US Foreign Service Officer with the US Agency for International Development (USAID), where he led operations for the project finance and guarantees facility.


Mr. Khan served as an Advisor on Infrastructure Finance to APEC, ASEAN, and the G-20. He is a member of the Senior Advisory Board at Fudan University Fintech Centre in Shanghai with a mandate to advise on Belt and Road Initiative projects. He has also served on the Board of Advisors at a variety of market-leading companies using technology to achieve ESG goals. He is a frequent speaker at events such as World Economic Forum, ASEAN Summit, APEC Summit, and in major international media.


Mr. Khan holds an MBA from the Booth School of Business at University of Chicago, and an MS in Applied Economics and Master of Government Administration from the University of Pennsylvania. He received his BS in Economics from George Mason University.

Yasman Moghaddam

Associate Director, ESG Solution Specialist

Moody's Analytics

Yasman is a subject-matter expert within the Moody’s risk and finance analytics practice. Since joining Moody’s in 2018, she has been focusing on areas including Stress Testing, IFRS 9 and Climate Change. She has over 10 years of experience in the Enterprise Risk Management space and has been supporting Financial Institutions including Banks, Regulators, Insurance and Investment companies with a range of risk management solutions and approaches.  

12:5513:15

Climate-Change Risk: Navigating Regulatory Expectations
Presentation

12:55 - 13:15

Paul Franks

Director Financial Services

SAS Australia & New Zealand

Paul has over 30 years professional and commercial experience in financial services covering banking, insurance and wealth management. He is a former partner at Deloitte and Ernst & Young.

As Director, Financial Services for SAS Australia and New Zealand, he is responsible for sales and industry strategies for banking customers and risk management solutions and a member of the Global Banking Council for SAS. He is a Chartered Accountant, Fellow of FINSIA and a certified finance and treasury professional.

During his time at SAS, he has been Executive Sponsor for several of our largest Australia and New Zealand financial services customers including overseeing major sales and technology solution delivery initiatives in risk management and regulatory compliance for banking and insurance clients. These include credit risk, Basel II, RWA, stress testing, IFRS 9, regulatory and economic capital, pricing and claims management.

He is a recognised public speaker and thought leader in financial services.

Dr Stephen Tonna

Senior Risk Consultant

SAS Australia & New Zealand

STEPHEN J. TONNA, PhD, is Senior Risk Consultant at SAS. He is a member of the SAS Customer Advisory Team with specialized expertise in risk for Australia and New Zealand. Stephen is the risk lead for Australia and New Zealand of the SAS Risk Research and Quantitative Solutions (RQS) division. He received his doctorate in genetics, mathematics, and statistics from the University of Melbourne and research fellowship from the Brigham and Women’s Hospital and Harvard Medical School.

13:1513:35

How to apply Stress testing, lessons learned from Covid and ways to integrate Stress Testing into day to day risk management
Presentation

11:45 - 12:15

Menno van Tongeren

Head of Integrative Risk Management

ING

-       Working at ING for 18 years in various fields of risk management
-       International working experience in Europe and Australia
-       Since 2 years head of integrative risk management in Australia
-       Responsible for stress testing, scenario analyses, ICAAP, IRB related topics, etc
 

13:3513:35

End of Risk Australia virtual conference Day 1

13:05 - 13:10

09:0009:05

Opening remarks of the Chairperson

09:00 - 09:05

Elizabeth Sheedy

Professor, Department of Applied Finance

MACQUARIE UNIVERSITY

Professor Elizabeth Sheedy is a risk management and governance expert based at the Macquarie Applied Finance Centre. She spent her early career in the financial services sector before joining academia in the mid-90s. At Macquarie she teaches in the highly-regarded Master of Applied Finance program. Since 2012 her industry-relevant research has focused on risk culture, governance and remuneration in the context of financial institutions. She comments regularly in the media on the topic of financial services misconduct.

09:0509:25

Outlook for the Australian economy and macro view
Fireside Chat Discussion

09:05 - 09:45

  • Keeping up with changing forecasts of rates, inflation, volatility and other signs of recession and what it means for financial firms
  • Geopolitical turmoil - making sense of the world we live in and the long-term impact on the financial industry 
  • Unprecedented growth in the housing market - are we creating a bubble for the future market?
  • Rising public debt and implications
  • Lessons learnt from previous events of 2019 /2020   
Su-Lin Ong | Moderator

Managing Director & Chief Economist

RBC Capital Markets

Su-Lin Ong is a Managing Director of RBC Capital Markets, Chief Economist & Senior Relationship Manager. She has led the Economics & Fixed Income Strategy team for AU/NZ since 2010 and was Head of AU Research, including oversight for equity research, from 2015 to 2019.  In August 2019, she began a newly created role to help foster senior relationships with RBC’s key clients.

Su-Lin is part of the global strategy team with primary responsibility for formulating and presenting RBC’s AU/NZ macroeconomic outlook, cash rate view and bond yield forecasts. Based in RBC’s Sydney office, she works closely with sales and trading across fixed income, currencies, and equities in Australia as well as key RBC offices across the globe. Prior to joining RBC in 1998, Su-Lin was a fixed income economist for Hambros Bank and before that worked as an economist at the Department of Prime Minister & Cabinet in Canberra.

She is a former Director of Business Spectator and the NSW/ACT FINSIA Regional Council.  Su-Lin is an Executive Member of The Australian Business Economists, CEDA’s Economic Policy Committee, and sits on the Women in Banking and Finance Board. She is also a founding member of RBC’s Diversity Council, RWomen Committee and actively involved in their mentoring and charity programs including Lou’s Place and Ronald McDonald House, Randwick. She is an ambassador for the RBA’s Women in Economics initiative and supports a number of initiatives aimed at building pipeline economic talent, especially female. Su-Lin regularly represents RBC at various industry, policy, and education forums. She holds a BEc from the University of Sydney, Post Graduate in Applied Finance and Investment from the Securities Institute of Australia, is a Fellow, FINSIA, and scholarship recipient and recent graduate of the Australian Institute of Company Directors.

Elliot Clarke

Director and Senior Economist

Westpac Institutional Bank

Elliot Clarke, Director and Senior Economist, has been with Westpac Economics for over eight years having previously worked at the Reserve Bank of Australia analysing developments in Asia and global financial markets. At Westpac, he is responsible for the team’s analysis of the US, Europe and China as well as international investment and financial markets. Elliot holds an honours degree in economics, a Masters of Applied Finance and is also a CFA Charterholder.

Richard Yetsenga

Chief Economist and Head of Research

ANZ

Richard Yetsenga is Chief Economist and Head of Research at ANZ, based in Sydney. He leads the Bank's global research team, which focuses on Australia, New Zealand and Asia.


Richard joined ANZ in 2011 from HSBC in Hong Kong, where he was Managing Director of Emerging Market Strategy. Prior to his seven years at HSBC, Richard held economics roles with Deutsche Bank and the Australian Government.
Richard publishes on issues of broad economic relevance, including climate change, technology, inequality and the benefits of diversity.


The ANZ Research team has been recognised with more than 40 top-three rankings in major industry surveys across Australia, New Zealand and Asia in the past six years, alongside numerous industry awards.


Richard regularly appears on CNBC, Bloomberg TV and other regional media, his work has been published by the Lowy Interpreter, and he is an editorial contributor in the Australian Financial Review, The Australian newspaper, The Wall Street Journal and the Hong Kong Economic Journal.

09:2509:55

Climate Risk … and Opportunity
Presentation

09:25 - 09:55

  • How global banks address net-zero glide paths, climate risk and green financing
  • How to integrate climate risk in the Risk Management Framework and Risk Appetite
  • What methodologies and tools can help model climate risk?
Mark Azoulay

Associate Partner

McKinsey UK

Mark Azoulay is an Associate Partner in McKinsey’s London office. He has been working with financial institutions on numerous risk topics, including climate, market risk, operating model. He has been fully dedicated to climate risk in the last two years. Mark is leading the Climate Risk practice in Banking. 

Lizzy Coad

Manager

Vivid Economics

Lizzy is a climate expert with a strong focus on bringing together interdisciplinary fields. She works with corporations, finance sector and governments to move towards net zero and leads Vivid’s work on Nationally Determined Contributions (NDCs). Lizzy has also led significant work on carbon markets and climate policy

Anke Raufuss

Partner

McKinsey Australia

Anke is a Partner in McKinsey’s Sydney Office (previously London, New York and Frankfurt Offices). She is leading McKinsey’s Australia & New Zealand Risk Practice and is a core leader of the global practice as well as service lines such as market risk and non-financial risk

Her work is focused on risk management and compliance at financial institutions and spans across engagements in Europe, North America and Australia/New Zealand. She has worked extensively on enterprise risk, credit risk, market risk, non-financial risk, risk organisation, risk transformation, capital management, risk and capital models, regulation and compliance.

09:5510:05

Financial market infrastructure regulatory reforms to strengthen supervision and provide crisis management powers

09:55 - 10:55

  • The introduction of a crisis management regime to manage a failure at a domestic clearing and settlement facility
  • How the reform will strengthen the supervisory powers of ASIC and the RBA in respect to financial market infrastructures, including clearing and settlement facilities
Ellis Connolly

Deputy Head, Financial Market Infrastructure, Payments Policy Department

Reserve Bank of Australia

Ellis is currently Deputy Head of the Payments Policy Department of the Reserve Bank of Australia, which is responsible for the oversight of Australia’s high-value payments, clearing and settlement facilities. He has previously served as the Bank’s Deputy Secretary, and as Deputy Head of the Domestic Markets Department, which is responsible for the implementation of monetary policy and monitoring developments in institutional and securities markets in Australia. Ellis holds a Bachelor of Economics (Hons) from the University of New South Wales, a Bachelor of Laws (Hons) from the University of Technology, Sydney, and a Master in Public Administration from Harvard University.

10:0510:25

Deep dive: Advances in counterparty credit modelling in energy markets
Presentation

10:05 - 10:25

  • Handling seasonality e.g. natural gas curves for greater precision in credit exposure assessments
  • Correlated market and default events
  • Ways to accurately capture wrong-way risk effects
Andrew McClelland

Director of Quantitative Research

Numerix

Numerix Andrew McClelland’s quantitative research at Numerix focuses on XVA pricing and hedging, generating counterparty credit risk metrics for structured products, and estimating risk model parameters via time-series estimation. He earned his PhD in finance at the Queensland University of Technology for a thesis on financial econometrics. He considered markets exhibiting crash feedback, option pricing for such markets, and parameter estimation for such markets using particle filtering methods. Dr. McClelland’s work has been published in the Journal of Banking and Finance, the Journal of Econometrics, and the Journal of Business and Economic Statistics.  

10:2511:00

Revisiting Basel IV implementation

10:15 - 10:55

  • Where are banks in Australia and the rest of the world with the implementation of Basel IV?
  • Is Basel IV still relevant and valid?  How Basel IV needs to be changed to account for the latest challenges and implications arising from the post-covid environment
  • Addressing the challenges of implementation of Basel IV across multiple jurisdictions for multinational banks
  • What will be the impact of the new standards on credit risk, market risk, and the impact on stricter separation to Trading and Banking books
  • The roll out APRA’s Capital Reforms: understanding how different this reform is from Basel IV
Peter Deans | Moderator

Former CRO; Director

The Regtech Association

Peter Deans is a former Chief Risk Officer.  Peter retired in May 2019 after seven years as Group Chief Risk Officer of the Bank of Queensland (BOQ) in Australia and a finance career of over 32 years. Peter was awarded Australian Banking & Finance magazine’s Chief Risk Officer of the Year award in 2014, 2015, 2016 and 2018.

Peter now undertakes selected risk and strategy advisory engagements in the financial services, corporate and start up/technology sectors.  Peter is a regular speaker, in Australia and overseas, on risk management, ethics, technology, and regulatory and compliance topics. 

Peter is also the Creator & Founder of the 52 Risks management framework (www.52Risks.com) and a Non-Executive Director of The Regtech Association in Australia.

Menno van Tongeren

Head of Integrative Risk Management

ING

-       Working at ING for 18 years in various fields of risk management
-       International working experience in Europe and Australia
-       Since 2 years head of integrative risk management in Australia
-       Responsible for stress testing, scenario analyses, ICAAP, IRB related topics, etc
 

Manish Jayswal

Head of Risk Management, Consumer & Business Banking

Westpac Group

Manish Jayswal is the Head of Risk at Westpac Banking Corporation. Currently at Westpac, Manish is responsible for the oversight of consumer risk portfolio Insights across both financial and non-financial risk. In prior roles at Westpac and Commonwealth Bank of Australia, Manish has spent extensive time in the area of Credit Risk (Institutional and Retail), Balance Sheet Management, Treasury and Capital Allocation.

Prior to moving to Australia in 2012, Manish has held several global senior risk management roles, notably with Fannie Mae in Washington DC during the peak of Global Financial Crisis, Government of Singapore Investment Corporation and GE Capital. Over this time Manish designed and implemented several risk management frameworks such as Risk Appetite, Early Warning, Economic Capital framework, Stress Testing, Loss Allowance Modelling, Home Price Forecasting to name few. Manish is passionate about the role risk management play in decision making under uncertainty and creating shareholder value whilst managing community expectations.

Manish holds Bachelor in Commerce (Hons), Masters in Business Administration (Finance) and Masters in Risk Management and is also a Member of Australian Institute of Company Directors (MAICD).

11:0011:40

Maturity of ESG and Climate risk

11:25 - 11:50

  • How are financial firms handling climate change risk?
  • How are the sustainable and ethical aspects of lending and debt issuance evolving? 
  • Exploring the issue of ESG data quality
  • Adoption of ESG integration into investment processes - how to create a carbon-neutral portfolio and construct a coherent path to get to that end point?
James Bell | Moderator

Managing Director

Bloomberg Australia & New Zealand

Prior to this he led Bloomberg’s efforts in New Zealand and Regional Australia (2017-2020) and managed Bloomberg's asset management and superannuation business focused on technology adoption, sales and managing strategic accounts (2014-2017). 

James began his career at global asset management and custodian bank State Street (2005-2014) in various Product Manager and Sales roles, and led the successful outsourcing of various operational processes to India and Mainland China.James has more than 16 years experience in the Financial Services and Technology industry and is passionate about sales, business strategy, people growth, gender parity in finance, and giving back to the community through philanthropy.

He holds a bachelor of Business in Management, International Business and Finance from The University of Technology Sydney, as well as a Graduate Diploma in Business Management.
 

Michael Blayney

Head of Multi Asset

Pendal Group

Michael has over 20 years’ investment management and consulting experience and joined BTIM from First State Super, where he was Head of Investment Strategy since January 2014. In this role, Michael was responsible for the establishment of an active asset allocation process and led the Fund’s Investment Strategy Team. Prior to this appointment, Michael was Head of Diversified Strategies at Perpetual for over five years, with portfolio management responsibilities for the manager’s range of diversified funds. Michael’s prior experience includes over 10 years in consulting roles at Watson Wyatt (now Willis Towers Watson) and NSP Buck.

Tessa Dann

Director of Sustainable Finance

ANZ

Tessa Dann is a Director of Sustainable Finance at ANZ Banking Group (ANZ), based in Sydney.  She is responsible for supporting ANZ’s clients in financing related to their sustainability strategies and ESG commitments. Working alongside ANZ’s Capital Markets, Lending and Transaction Banking teams, the ANZ Sustainable Finance team originates and structures sustainable finance solutions for ANZ’s global client base.

In conjunction with the bank’s Treasury team, Tessa also manages ANZ’s Sustainable Development Goals (SDG) Bond programme that raises awareness for the UN SDGs and supports positive environmental and social outcomes through ANZ’s own lending and financing activities.

Tessa is ANZ’s representative on various industry bodies including the ICMA Sustainability-Linked Bond Working Group and the AFMA Sustainable Finance and ESG Risk Forums.

ANZ’s market leading Sustainable Finance team has been recognised through numerous industry awards, most recently being voted the #1 ESG and Sustainable Finance bank in Australia (2021) by the Peter Lee Associates Survey.

Kim Farrant

General Manager

HESTA

Kim is the General Manager – Responsible Investment at HESTA and leads the fund’s approach to responsible investment across all asset classes, including its approach to climate change and impact investment.

She has more than 15 years experience as a responsible investment and sustainability professional. Prior to HESTA, she held roles as the Head of ESG at Hostplus, Portfolio Manager, Responsible Investments at VicSuper and Director within Ernst & Young’s Climate Change and Sustainability Services Team.

Kim holds Bachelors degrees in Civil Engineering and Economics and a Master of Science, where her research focussed on engagement and voting.

11:4012:15

Hunt for yield - assessing global market uncertainty: What are the top Australian investment challenges and opportunities in 2021?

11:50 - 12:20

  • What are the prospects across asset classes and the best investable options available today?
  • How fund managers are looking at ESG and incorporating it in existing portfolios. Does it have implications on their bottom line? What percentage of your portfolios will become ESG focused?
  • What implications and risks of the stapling provision reform do they pose to super funds? How do they compete and market themselves in a crowded market? What implications could further consolidation have on the market overall?

Sangeeta Venkatesan is the Chairman of FairVine Super, a superannuation fund designed for women, and CEO and Co-founder of Applegrove Capital, a capital advisory firm focused on sustainable investment including renewable energy, healthcare and agriculture. She is a highly sought-after speaker, media commentator, judge for awards functions and thought leader across banking and finance, superannuation, fin-tech, sustainable investing and gender equality. She is no stranger to breaking through the glass ceiling. Thus far she is the only female who has been the CEO of a stockbroking firm (APP Securities) in Australia. She also serves as a Board Member of Women in Banking and Finance, and Treasurer of Australia-India Business Council NSW. Having worked in the banking and finance sector for more than 23 years, Sangeeta’s experience spans several continents including London, Hong Kong, Singapore and Sydney, at some of the most prominent and globally recognised firms, including Goldman Sachs, Morgan Stanley, Lehman Brothers/ Nomura, KPMG, and The Commonwealth Bank of Australia (‘CBA’). Whist at CBA Sangeeta represented the bank at various government led Australia-China financial collaboration dialogues and co-authored a book titled “The Renminbi – from the Peoples’ Money to a Global Currency” focusing on the evolving Chinese economy and financial liberalisation, and opportunities for both Australian and Chinese companies that trade or invest across the corridor. She played a significant role in integrating the erstwhile Lehman Bothers’ business into Nomura and represented the firm at The International Swaps and Derivatives Association’s (ISDA) Credit Derivatives Committee and Association for Financial Markets in Europe’s (AFME) Credit Board. Sangeeta won the ‘Innovator of the Year’ award at Money Management and Super Review’s Women in Financial Services Awards 2019.

Michael Blayney

Head of Multi Asset

Pendal Group

Michael has over 20 years’ investment management and consulting experience and joined BTIM from First State Super, where he was Head of Investment Strategy since January 2014. In this role, Michael was responsible for the establishment of an active asset allocation process and led the Fund’s Investment Strategy Team. Prior to this appointment, Michael was Head of Diversified Strategies at Perpetual for over five years, with portfolio management responsibilities for the manager’s range of diversified funds. Michael’s prior experience includes over 10 years in consulting roles at Watson Wyatt (now Willis Towers Watson) and NSP Buck.

John Cummins

Chief Investment Officer

SocietyOne

Entering financial markets in a trading capacity, John’s career spans 30 years in financial services and has included senior markets-based roles overseeing FICC businesses for HSBC, Westpac Institutional Bank, the Royal Bank of Scotland and Macquarie Bank. He has also had extensive offshore experience in both London and Hong Kong in regional and global teams across most products.

He is currently Chief Investment Officer at market-leading fintech SocietyOne.

 

Simon Hughes

Head of Institutional Sales, EMEA

TMX Group

Simon joined TMX Group in 2019 as the Head of Institutional Sales, EMEA for the Montréal Exchange’s listed derivatives business. Located in the UK, Simon’s mandate is to grow TMX’s derivatives business on an international scale. Simon’s previous professional experience covering APAC also allows him to significantly contribute to business development efforts in that specific region in his current role. Simon has an extensive background in trading and sales in fixed income, derivatives and FX, with over 30 years of experience in capital markets. His depth of client coverage includes some of the largest asset managers in the world, coupled with close ties to some large sovereign wealth funds.
 
Prior to joining TMX, Simon was Managing Director and Head of International Fixed Income Sales, EMEA, and Head of Relationship Management for EMEA and Asia at TD Securities. Simon was responsible for leading the Bank’s fixed income sales activity and has been a key member of their leadership team, both in London and asia. . Prior to joining TD, Simon was Head of Capital Markets in London for ANZ Banking Corporation and spent 20 years at Westpac Banking Corporation managing their Capital Markets Sales & Trading business in Europe. Simon also spent a brief period at Deutsche Bank where he was responsible for dollar bloc sales. 

Damian Lillicrap

Head of Investment Strategy

QSuper

Damian commenced with QSuper in July 2009. As Head of Investment Strategy his responsibilities include guiding Asset Allocation as well as managing Investment Risk and Strategy.

Driven by processes developed by Damian and his team, QSuper has been an industry leader in Dynamic Asset Allocation and developing risk balanced portfolios, delivering top tier returns with risk around 25% lower than other high returning funds.

Previously Damian was Head of the Portfolio Design team in QIC’s Investment Strategy team where he focused on design for QIC’s core clients - QSuper and Queensland Treasury.

Damian commenced his career as a Chemical Engineer and worked in industry for 5 years. During this time he completed a Graduate Diploma of Accounting, and is now a Certified Practicing Accountant (CPA).

Other financial experience includes roles with Macquarie Bank, CBA Institutional Banking, and Credit Suisse Financial Products.

He has written an easy reading book explaining investing and the global economic issues of the day, Kitchen Table Economics & Investing, released by University of Queensland Press in January 2013. To find out more about Damian visit his website www.barenakedeconomist.com

12:1512:25

Decentralized Finance (DeFi) - A new financial infrastructure built on blockchains
Presentation

12:10 - 12:20

  • What is DeFi and how does it work?
  • What infrastructure is being built in DeFi
  • Does DeFi represent a paradigm shift in finance?
Henrik Andersson

Chief Investment Officer

Apollo Capital

Henrik is the co-founder and CIO of Apollo Capital, Australia’s premier crypto fund. Henrik has over 17 years of experience in global financial markets, with almost a decade on Wall Street. Henrik has extensive experience across three continents as a quantitative analyst, senior research analyst and in institutional equity sales. Henrik holds a Master of Science in engineering physics from the Royal Institute of Technology (KTH) and a Master of Science in business administration and economics from Stockholm University. He is a CFA charterholder.

12:2512:55

Digitalisation and innovation of the financial market

12:20 - 12:40

  • Who are the industry disruptors in the financial market today?
  • How digital transformation is mainstream, what’s next?
  • The use of alternative data for credit scoring and machine learning
  • How does risk management need to adapt amidst digital transformation?
Sidharth Kamani | Moderator

Credit Risk Manager

New Development Bank

Sidharth Kamani is an FRM certified Risk professional. He currently manages Credit Risk at New Development Bank, a multilateral institution founded by the Governments of the BRICS countries. At NDB, he is responsible for credit appraisals and pricing of the bank's lending products in hard currencies and in local currencies. Prior to his current role, he worked with Goldman Sachs in the Market risk and Treasury functions, where he gained hand-on experience working on various risk regulations such as CCAR, LCR and NSFR. Sidharth's interests lie in the areas of international finance, sovereign risk analysis, infrastructure financing and the evolving landscape of digital finance.   

Micky Lo

Managing Director, Chief Technology Risk Officer APAC

The Bank of New York Mellon

Micky Lo joined BNY Mellon in July 2013 as Chief Technology Risk Officer APAC. He is leading the regional team with the mission to enable business solutions while proactively protecting BNY Mellon from information risks in a balanced control environment. He oversees and govern the implementation of the bank wide information risk roadmap in the region with particular focus on IT regulatory compliance. 

He has over 30 years of IT experience in Financial Service Industry that spans across a diversified IT management disciplines including regional and location management, IT and security architecture, distributed computing engineering, technology infrastructure operation, outsourcing/in-sourcing management, IT risk management and technology audit.

Before joining BNY Mellon, Micky was the Head of IT Security APAC and Head of Technology Greater China for Deutsche Bank. Micky has held various management positions in IT management, IT Security/Risk management and Audit with JPMorgan and Citibank.

Micky received a Bachelor of Mathematic degree from the University of Waterloo (Canada) and an Executive Master of Business Administration degree from University of Western Ontario (Canada).

Moses Maigurira

Client Director

Galvanize Australia

I manage the Australian and New Zealand operations at Galvanize with a mandate to develop the market for our market leading software. I am also responsible for strategic initiatives around business development and customer success. I have extensive hands on experience implementing projects for large organisations across a range of industries and institutions including Coca Cola Amatil, Flight Centre, NSW Education, City of Melbourne and WorkSafe Victoria.


My experience is in IRM, GRC, ORM and ERM SaaS solutions with a particular focus on automation and data analysis. I have coupled this with risk and assurance subject matter expertise gained at consulting firms Ernst and Young in San Francisco and Deloitte in Sydney to develop robust sustainable solutions for organisations.


With over 20 years of experience in roles including financial analysis, external and internal audit I have a deep understanding of business processes, financial systems, regulatory environments and effective risk management. I have the passion and drive to identify and develop ways for technology to enhance and develop business capability. I strongly believe that successful management is achieved by effective use of data and automation and a deep understanding of the business, its environment, governance and stakeholders.

Alex Twigg

CIO and Co-Founder

Judo Bank

Alex Twigg is banker, technologist, and entrepreneur, having cofounded or helped launch two FinTech’s, Spriggy and Douugh and five neobanks banks, including Egg, UBank, unicorn Judo Bank and Alex.  He is also a non-executive director of Australian payments scheme Eftpos,  a Co-founder of no-code tech startup Appeggio and is technology focused angel investor.

Along the way he has been recognised ASIA top 100 Fintech Leaders and one of Australia’s top 50 CIO’s, been invited to sit on the University of Queensland Business School, Service Innovation Alliance Board, is a Fellow of FINSIA and Graduate of the AICD.

Sangeeta Venkatesan

Chair

Fairvine Super

Sangeeta Venkatesan is the Chairman of FairVine Super, a superannuation fund designed for women, and CEO and Co-founder of Applegrove Capital, a capital advisory firm focused on sustainable investment including renewable energy, healthcare and agriculture. She is a highly sought-after speaker, media commentator, judge for awards functions and thought leader across banking and finance, superannuation, fin-tech, sustainable investing and gender equality. She is no stranger to breaking through the glass ceiling. Thus far she is the only female who has been the CEO of a stockbroking firm (APP Securities) in Australia. She also serves as a Board Member of Women in Banking and Finance, and Treasurer of Australia-India Business Council NSW. Having worked in the banking and finance sector for more than 23 years, Sangeeta’s experience spans several continents including London, Hong Kong, Singapore and Sydney, at some of the most prominent and globally recognised firms, including Goldman Sachs, Morgan Stanley, Lehman Brothers/ Nomura, KPMG, and The Commonwealth Bank of Australia (‘CBA’). Whist at CBA Sangeeta represented the bank at various government led Australia-China financial collaboration dialogues and co-authored a book titled “The Renminbi – from the Peoples’ Money to a Global Currency” focusing on the evolving Chinese economy and financial liberalisation, and opportunities for both Australian and Chinese companies that trade or invest across the corridor. She played a significant role in integrating the erstwhile Lehman Bothers’ business into Nomura and represented the firm at The International Swaps and Derivatives Association’s (ISDA) Credit Derivatives Committee and Association for Financial Markets in Europe’s (AFME) Credit Board. Sangeeta won the ‘Innovator of the Year’ award at Money Management and Super Review’s Women in Financial Services Awards 2019.

12:5512:55

End of day 2

12:45 - 12:50