New Insights And Practical Techniques For Measuring, Managing And Embedding Strategic, Credit, Market, Liquidity And Operational Risks. Providing regional practitioners with critical updates on the latest risk management landscape, up-to-date coverage of regional and international regulations, as well as strategic insight and practical techniques to help improve risk design, management and implementation capabilities in financial institutions. http://risk2014.iirme.com/en/Site-Root/

1. RISK 2014
 Retail And Investment Banks
Limited places for regulators to attend for FREE!
See booking page for details
7 - 9 April 2014
The Address Hotel, Dubai Mall, Dubai, UAE
 Investment Businesses
 Insurance Companies
NEW
SPEAKERS
New Insights And Practical Techniques For Measuring, Managing And Embedding Strategic, Credit, Market, Liquidity And Operational Risks
35+ CROs AND RISK LEADERS INCLUDING
Prashant Govil
Financial Sector Specialist
Central Bank of Bahrain
Bahrain
A MUST
Jason Shohet
VP Global Compliance & Risk
Management
Citigroup
USA
Marc Bonnassieux
Chief Risk Officer
Qatar First Bank
Qatar
ATTEND FOR ANY SERIOUS
Dr Ali Al Amari
Alexander Denev
Co-author of “Portfolio
Senior Director: Supervision and
Authorisation Division
Management Under Stress”and
Senior Team Lead, Risk Models
Qatar Financial
RBS, UK
Centre Regulatory Authority, Qatar
RISK PRACTITIONER
❱ The largest gathering of international and regional CROs and risk leaders in the region
❱ Up to the minute supervisory updates to international requirements including Basel III, Solvency II
and FATCA
❱ Invaluable networking opportunities with the region’s most influential risk leaders
❱ International thought leadership on risk frameworks, operational risk, ERM and stress testing
❱ Regulatory views on the impact of domestic regulatory changes to liquidity, insurance deposits,
real estate, securities trading and credit risk
❱ Leading assessments of how to gain management buy-in and frank debates on risk ownership
Platinum Sponsors
Exhibitor
F E A T u r in g
Prasad Ramani
Head of Middle Office
Majid Al Futtaim Trust
UAE
IN DEPTH PRACTICAL
STREAMS
Credit Risk Management: Balancing Exposures, SMEs, Basel III
and Liquidity Coverage Ratios, Capital Adequacy, Stress Testing and
Capital Allocation
Executing Operational Risk Management: Scenario Analysis,
CRSA, KRIs, AML and IT security
Implementing Market Risk: Developing Frameworks, Overcoming
Modeling Challenges and Risk Breaches
Practical Tools For ERM: Creating ERM Frameworks, COSO II
versus ISO 31000 and Implementing ERM
Media Partners
Organised By
www.iirme.com/risk2014

2. Providing regional practitioners with critical updates on the latest risk management landscape, up-to-date coverage of regional and international regulations,
as well as strategic insight and practical techniques to help improve risk design, management and implementation capabilities in financial institutions.
Featuring International Keynotes
Jason Shohet
VP Global Compliance &
Risk Management
Citigroup
USA
Vinay Aggarwal
Country Chief Risk Officer and
Country Chief Credit Officer
Standard Chartered
UAE
h at',O R
W Fs
IN I T
Prasant Sarkar
Chief Risk Officer
National Bank of
Fujairah
UAE
Sovereign Wealth Funds, Asset
Managers and Private Equity Firms?
Investment and Retail Banks?
❱ Ensure compliance with an in-depth understanding
of regional Government priorities on international and
domestic regulations including Basel III and FATCA
❱ Break down internal silos to create and implement a
robust risk framework
❱ Learn leading stress testing and credit portfolio
management techniques and understand the impact of
operational risk exposures
Insurance and Reinsurance Companies?
❱ Prepare for Solvency II and regional regulatory
changes and integrate a robust risk framework
❱ Learn proven strategies on developing and
integrating a robust risk framework and moving
away from silos from leading international and regional
investment house
❱ Drive counterparty risk effectiveness through the latest
qualitative and quantitative risk measurement
techniques
❱ Understand tried and tested practices for
implementing ERM
❱ Maximise market risk effectiveness with qualitative and
quantitative risk measurement
❱ Discover the impact of operational risk exposures
on your business and adopt an effective management
framework
❱ Improve business decision making by using
scenario analysis and understand how to better
manage risk across your entire portfolio and
multiple asset classes
❱ Drive internal efficiencies by understanding the impact of
operational risk exposures and adopting effective
management frameworks
❱ Maximise investment returns across portfolios with
the latest qualitative and quantitative risk
measurement approaches
WHO ATTENDED RISK LAST YEAR?
GEOGRAPHICAL BREAKDOWN
UAE
GCC
Rest of MENA
Europe
www.iirme.com/risk2014
WHO WILL YOU MEET?
12%
Regulators &
Central Banks
45%
Retail &
Investment Banks
30%
Institutional Investors, SWFs,
Asset & Fund Managers
13%
Insurers &
Reinsurers
Presentin
Alexander Denev
Co-author of “Portfolio
Management Under
Stress”and Senior Team
Lead, Risk Models, RBS, UK
❱ Improve business decision making by using
scenario analysis and understand how to better
manage risk across your entire portfolio and
multiple asset classes
g
Wednesday
TWO practical hands-on
Post Conference Masterclasses 9 April 2014
Masterclass A
Integrated Approach
To Stress Testing
Examining leading practices for developing and applying
stress testing to achieve strategic objectives in the region
Masterclass B
Operational Risk
An integrated approach to and practical strategies for
measuring, managing, modeling and embedding operational
risk to drive informed decision making
+971 4 335 2437
+971 4 335 2438
register@iirme.com

3. Conference Day One
Monday 7 April 2014
08:30 Registration and morning refreshments
CRO ROUNDTABLE
09:00 Chairman’s opening remarks
INTERNATIONAL KEYNOTE
09:10 The Global Risk Makeover: Cutting edge insight on the role of risk management in transforming
business decisions making
ŸŸ Risk realities: Examining the role of risk and compliance management in the financial community
ŸŸ Develop a structure to ensure common understanding of risk tolerance in KPIs and KRIs
ŸŸ Driving business performance through the convergence of risk programmes, PMOs and other
transformational programmes
Jason Shohet, VP Global Compliance & Risk Management, Citigroup, USA
REGULATORY ROUNDTABLE
09:40 Regulatory Update: Evaluating the impact of regional and international regulation on MENA’s
financial sector
ŸŸ Evaluating how global, regional and domestic regulations have changed over the last year and their
impact on bankers, insurers and investment houses with focus on the impact of these changes
to factors including liquidity, insurance deposits, consumer lending, real estate finance, securities
trading, GRE exposure and credit risk
ŸŸ How are regulators developing a framework to support long-term sustainable growth of the
financial sector?
ŸŸ Evaluating future policy developments in the region for Basel III, Solvency II and FATCA: What are
the timelines and requirements? Where will the focus lie? What impact will these changes have on
the region’s financial markets?
ŸŸ Regulatory and industry perspectives on international and regional regulatory compliance and its
impact to the financial sector
Featured Speakers Include
10:30 Designing And Integrating Risk Appetite: Getting maximum value for risk and gaining board level
buy-in by effectively developing risk appetite
ŸŸ The balancing act: Evaluating the organisation’s capacity for risk, taking into account organisational
culture, risk management capability, solvency, regulations, environment and stakeholders
expectations
ŸŸ Actively developing risk appetite: How can CROs engage with the board to develop risk
management as a tool for day-to-day business management by creating board level ownership,
understanding, monitoring along with management implementation?
ŸŸ Best practices for determining risk tolerance and creating risk appetite statements
ŸŸ Integrating risk appetite: Overcoming challenges of operationalising risk appetite across the
business and integrating it with corporate governance, reporting frameworks and organisational
culture
Featured Speakers Include
Marc Bonnassieux
Chief Risk Officer
Qatar First Bank
Qatar
11:10
Jamal Saleh
Deputy General Manager
Head of Risk Management
Commercial Bank of Dubai, UAE
Saleem Sheikh
Chief Risk Officer
Gulf Bank
Kuwait
Vinay Aggarwal
Country Chief Risk Officer and
Country Chief Credit Officer
Standard Chartered, UAE
Speed-Networking: Expand your business network and create a competitive edge
This exclusive opportunity is a quick and effective way to expand your business network, generate
key contacts and win new deals in this critical sector.
11:30 Morning refreshments and networking break
INTERNATIONAL KEYNOTE
Dr Ali Al Amari
Senior Director: Supervision and
Authorisation Division, Qatar Financial
Centre Regulatory Authority, Qatar
Prasanna Seshachellam
Director, Supervision
Dubai Financial Services Authority,
UAE
Prashant Govil
Financial Sector Specialist
Central Bank of Bahrain
Bahrain
MODERATOR
Mustafa Gümüş
Head of Investment Services Department
Capital Markets Board
Turkey
Dr. Amine Awad
Executive Board Member
Banking Control Commission
Lebanon
www.iirme.com/risk2014
12:00 Risk Framework: Assessing leading practices in developing a holistic and robust risk framework to
ensure long-term sustainability and viability of your organisation
ŸŸ Connecting the dots: Evaluating the need for creating a holistic company-wide risk management
framework and not just viewing risk in silos
ŸŸ Driving business performance through the convergence of risk programmes and increasing
business value by transforming the business model to be more risk adept
ŸŸ Embedding risk culture: Developing a risk culture in your organisation by engaging stakeholders to
share ownership and recognise shared responsibility
ŸŸ ‘Getting a strong rating’: Evaluating the critical elements for measuring and managing a robust risk
framework including structure, model, processes as well as uses
John Garrett
General Manager &
Group Chief Compliance Officer
National Bank of Abu Dhabi, UAE
+971 4 335 2437
+971 4 335 2438
register@iirme.com

4. MULTISTAKEHOLDER ROUNDTABLE
12:40 Basel III: Reviewing the progress of the Basel III framework as well as adoption and implications for
the regional banking sector
ŸŸ Understanding the differences between Basel II and Basel III and their impact on market, credit and
operational risk; trade finance; regulatory capital; leverage and liquidity; ICAAP and credit exposures
for Islamic and conventional banking
ŸŸ The impact of Basel III on a bank’s customers and counterparties: Implications of scarcer capital,
financial product exposures, bankruptcy laws and bank resolution legislation
ŸŸ Assessing the impact of Basel III on the central counterparties and their bank members within the
context of G20’s OTC reform
ŸŸ Understanding reform requirements and timelines from regional Central Banks as well as regulatory
and industry perspectives on international and regional regulatory compliance, its impact to
business and advice for meeting the requirements in a cost effective way?
Dr Ali Al Amari, Senior Director; Supervision and Authorisation Division, Qatar Financial Centre
Regulatory Authority, Qatar
Gerard Rizk, Group Chief Risk Officer, Blom Bank, Lebanon
13:20 Lunch and networking break
See www.iirme.com/risk2014
for full speaker biographies
In Depth Practical Streams On Cutting Edge Risk Management, Measurement And Modeling Techniques For Credit Risk And Operational Risk
Time
Stream 1: Credit risk
Stream 2: Operational Risk
14:20
Credit Risk Portfolio Management: Best-in-class methods for pricing risks, balancing exposures and
managing credit concentration

Assessing the concentration and exposures of credit portfolios in GCC countries and globally

Pricing and managing risks arising from illiquid exposures: real estate, infrastructure, natural
resources and trade finance

Balancing exposures and portfolio management

Evaluating the impact of the rise in the cost of capital on project and trade finance
Jan Rosenzweig, Quantitative Lead, Professional Services, Fincad, Ireland
Scenario Analysis: Practical examples for effectively deploying scenario analysis to drive informed
decision making

Evaluating the relative merits of operational risk measurement techniques including Loss Distribution
Approach, Scenario Analysis

Assessing methodologies for conducting scenario analysis and understandings the dangers of bad
assumptions or irrelevant scenarios in stress testing

Recommendations for setting exposures for primary and secondary events; incorporating ‘unknown’
events; determining top-down versus bottom-up approaches; using historical versus hypothetical
scenarios; and reverse stress testing
14:45
SMEs Risks And Rewards: Effective methods for developing business value for SMEs by managing risk
and boosting profit

Understanding the inherent challenges of financing SMEs in the Middle East: Lack of financial
information, increased sensitivity to external environment, higher risk and capital allocation
requirements

Evaluating how to assess SMEs, establish appropriate risks as well as balance risks and rewards in an
unstructured market

Exploring tried and tested risk management approaches and systems to scale up financing for SMEs
on a sustainable basis
Nigel Rusby, Global Principal Consultant, Experian Decision Analytics
Control Risk Self-Assessment: Developing and driving a robust CRSA methodology to create
transparency and minimise operational risk

Evaluating the relative merits of operational risk assessments including third party review, facilitated
assessments and self-assessments

Assessing best practices for implementing CRSA as well as understanding the benefits and
drawbacks of the methods employed including workshops, interviews and questionnaires

Recommendations for overcoming cultural issues and value perception as well as certain
administrative hurdles by automation
Syed Rehan Ashraf, Head of Credit & Risk Management, United Gulf Bank, Bahrain
15:15
Liquidity Coverage Ratio: Assessing the impact of Basel III implementation on the region’s conventional
and Sharia compliant banks

Understanding Basel III liquidity requirement, Central Bank guidelines and evaluating the key
challenges minimum liquidity standard in the GCC

Understanding the impact of the LCR to a bank’s business, funding strategy and product
characterization/developments and granular MIS

Discussing the Cost of maintaining HQLA (Liquidity-buffer) and challenges for banks to fine-tune
their existing FTP system to capture it appropriately.

Islamic versus conventional: Assessing how the lack of liquid instruments and markets coupled with
non-rated issues in the region will impact Islamic and conventional banks
Sanjay Kumar Thakur, Head of Treasury Product Control , Balance Sheet Risk and FTP, The Saudi
Investment Bank, KSA
Key Risk Indicators: Developing a structured approached for building predictive KRIs to facilitate
monitoring and control of risks

Best practice for analysing KRIs: Understanding key elements to create a structured approach
including identifying and improving metrics, assessing gaps, determining and validating triggers as
well as establishing a control plan

Assessing best practices to implement KRI including lack of data, setting thresholds and timelines as
well as reconciling loss that has not been reported

Recommendations for ensuring predictability of risk indicators
Shahab Syed, Senior Vice President, Head of Operational Risk, Abu Dhabi Commercial Bank, UAE
www.iirme.com/risk2014
+971 4 335 2437
+971 4 335 2438
register@iirme.com

5. 15:45
Afternoon refreshments and networking
16:15
Capital Adequacy: Demonstrating best practices for implementing ICAAP under Basel III

Developing a framework: Assessing the best approach and key success factors for establishing a
robust Internal Capital Adequacy Assessment Process (ICAAP)

Evaluating the impact of impairment on capital adequacy ratios including Common Equity Ratio, Tier 1
Capital Ratio, AT1, Tier 2 and Capital Adequacy Ratios (CARs)

Practical demonstration: Evaluating how banks are using regulatory capital and economic capital
framework for decision making

Presenting key tools for implementing ICAAP and stress testing
Mohammed Azem, Head of Risk Management, Jordan Kuwait Bank, Jordon
Key Risk Indicators: The 'YMCA' rule on creating KRIs to successfully predict risks
 – Why spending resources on KRIs implementation: Your Company's future through a crystal ball
Y
 - Modify your KRIs to support economic decision making: Moving from Lagging to Leading
M
Indicators
 - Company Objectives should be your number one priority: Importance of the Key Performance
C
Indicators
 - Agreement on Roles and Responsibilities with the business is essential; never work on siloes
A
Jaime Echeverri, Senior Director CEMEA, Enterprise Risk Management, VISA, UAE
16:40
Stress testing: Effectively managing risk by improving and implementing a robust stress testing
programme

Assessing how banks are currently building frameworks for stress testing

Unraveling common approaches, pitfalls and ways of improving your stress testing approach by
making informed tradeoffs between key goals, resources and approaches as well as understanding
their implications on scenario selection, modeling methodology and validation

Demonstrating best practices in stress testing methodology and embedding stress testing into risk
culture

Learning from experience: Recommendations for macro or internal parameters for stress testing and
how to leverage them for better decision making
Anti-Money Laundering: Demonstrating the success factors of effective compliance and enforcement
of AML to enhance capacity

Assessing recent developments in GCC AML and CFT systems as well as reputational and financial
risks of noncompliance

Creating a more stringent AML programme: Setting up an effective tracking system that satisfies
regulatory requirements, spans the enterprise, identifies suspicious behaviour and is easy to use

Laying out an effective process for responding to suspicious transactions, aligning ALM with asset
management risk, accurately projecting risks as well as integrating into systems and processes
Ramkumar Pavothil, Head, Operational Risk & Compliance Risk Management, National Bank of Fujairah,
UAE
17:10
Capital Allocation: Optimising capital allocation strategies by using economic-capital models to aid
business decision making
 Optimising capital allocation using Risk Adjusted Return On Capital (RAROC)

Evaluating critical factors in modeling including how to set risk thresholds (asset classes, segments
and corporations); how to preserve P&L; and the implications to capital budgeting and performance
evaluation

Recommendations for overcoming challenges to economic capital models including embedding into
organisational culture, reconciling risk data as well as gathering sufficient data on loss distribution
Tarun Dara, Vice President, Economic Capital and Risk Analytics, Mubadala GE Capital, UAE
IT Security: Implementing security layers and fraud-repellent systems to protect your organisation
and clients

Evaluating how IT risks are evolving in the region for both financial institutions and their customers

Understanding how IT integration assists with risk management, fraud prevention and also provides
transparency and control

Dissecting fraud into component requirements for use of current and future technology applications

Automating forensics for due diligence, performance and suspicious activity detection
Yawar Gardezi, Group Head of Operational Risk, Al Rajhi Bank, KSA
17:35
Chairman's closing remarks and end of day one
TAILOR YOUR PROGRAMME
SPONSORSHIP OPPORTUNITIES
Personalise the Agenda to
your learning needs
Talk to Michael Moffat to tailor a package to
your precise needs and objectives.
Our concurrent streams allow you to select the
sessions most suited to you
www.iirme.com/risk2014
Call Michael on +971 (0)4 407 2716 or
email him at sponsorship@iirme.com
+971 4 335 2437
+971 4 335 2438
register@iirme.com

6. Conference Day TWO
Tuesday 8 April 2014
09:00 Chairman’s opening remarks
PAN AUDIENCE VOTING AND DISCUSSION
CRO ROUNDTABLE
09:10 Risk Autonomy: Assessing the evolving role, responsibilities and reporting lines of CROs in the
region
Following the financial crisis, there has been a fundamental transformation of the view that risk
management is mainly a compliance tool. Globally, CROs have raised their stature within the
organisation and have developed clearer lines of communication and reporting with the board of
directors, and are engaging in business and strategy setting.
ŸŸ Realities in the region: Evaluating how risk is currently getting reported to the board
ŸŸ Best structure to demonstrate independence: Understanding the structure; evaluating the channel
through which risk information reaches the board and the channel for board level responses as well
as; examining the right channels for emerging and existing risk
ŸŸ The CRO experience: Practical insight from CROs on how they have made the transition including
major changes, hurdles and impacts achieved as well as recommendations to you
Featured Speakers Include
Joseph Montalto
EVP Group Chief Risk Officer
Al Hilal Bank
UAE
Gerard Rizk
Group Chief Risk Officer
Blom Bank
Lebanon
Prasant Sarkar
Chief Risk Officer
National Bank of Fujairah
UAE
HEAD TO HEAD
10:00 Business Briefing On Risk: Understanding how business functions view risk and embedding a
coherent framework to address risk management
Business heads and risk personnel go ‘head to head’ outlining their perspectives on risk ownership
and successful risk management in the context of the Middle Eastern economic, regulatory and
competitive environment
ŸŸ Understanding business leaders perspectives on risk management, responsibility, ownership,
change management in correlation with resources
ŸŸ Examining risk personnel’s point of view: Vision and benchmarks for the successful implementation
of a risk management framework
ŸŸ Creating a mutually beneficial relationship by establishing effective strategies that provide clear
guidance on goals, expectations and responsibilities
ŸŸ Optimising the execution and integration of risk management in organisational culture for longterm business sustainability
Yasser Faisal Al Sharif, Board Member and CEO, Manafea Holding Company, KSA
Ahmed Emara, CEO & Managing Director, ReAya Holding, KSA
Lamees Al Baharna, VP: Risk Management, Mumtalakat, Bahrain
Chakib Aabouche, Executive Director, Waha Capital, UAE
Moderator: Jan Rosenzweig, Quantitative Lead, Professional Services, Fincad, Ireland
www.iirme.com/risk2014
10:50 Optimising The Risk Management Team: Focus on recruitment, retention and development of risk
personnel by identifying key talents, skill sets and capabilities in the region
In this session the audience will get the chance to vote on a set of questions regarding building
competency for risk personnel in the region. This will be followed by a moderated pan audience
discussion, where you can share challenges that you are face in developing talented teams in the
region as well as best practices on recruitment, retention and staff development
11:10
Morning refreshments and networking break
11:40 Middle Eastern Market Outlook: Assessing the impact of evolving global economic and geopolitical
landscapes on Middle Eastern financial markets
ŸŸ Update: To what extent are global trends including the European debt crisis, U.S. fiscal cliff and
economic slowdown in the emerging markets impacting the financial markets, inflation and the
formation of asset bubbles in the Middle East?
ŸŸ Regional update on FY 2013 liquidity, equity markets, credit markets and primary markets as well
as projections for FY 2014
ŸŸ How has the renewed regional geo-political uncertainty in MENA affected the flow of capital and
trade?
ŸŸ Assessing how demand from the US and geo political uncertainties in MENA are impacting key
sectors including real estate and construction, petro-chemical and telecoms
ŸŸ Evaluating which industry sectors and geographies are likely to outperform the market over the
next five years?
THOUGHT LEADERSHIP
12:20 The Risk In Risk Management: An ‘under the hood’ analysis of hidden risks and assumptions in the
quantitative approach
ŸŸ Measuring risk: Understanding the impact of randomness, ambiguity and the illusion of certainty
ŸŸ When models fail: Assessing the hidden risks in the quantitative approach
ŸŸ Misunderstanding and overconfidence: Evaluating the influence of behavioral biases while
interpreting risk metrics
ŸŸ Constant vigilance and skepticism: Discussing uses and limitations of quantitative techniques to
build informative models
Prasad Ramani, Head of Middle Office, Majid Al Futtaim Trust, UAE
13:00 Lunch and networking break
14:00 Global Sanctions: Assessing best practices for complying, implementing and monitoring sanctions
for regional banks
ŸŸ Fundamentals of sanctions programs that is imposed by United Nations, OFAC, European Union
ŸŸ Restrictions imposed under these Sanction program
ŸŸ Risk associated with violation of Sanctions program
ŸŸ Ways and methods to implement procedures/guidelines to abide by international sanctions
ŸŸ Deploying technological/tools to control and monitor sanction risks.
Khalid Shaikh, Head of Compliance & Bank MLRO, Mashreq Bank, UAE
+971 4 335 2437
+971 4 335 2438
register@iirme.com

7. Sharing Experiences For Implementing Market Risk Frameworks And Enterprise Risk Management
Stream 1: Market Risk
Stream 2: Enterprise Risk Management
14:40
Developing A Robust Framework: A practical guide to setting up a strong market risk framework in the
Middle East
 A-Z: Developing a strong market risk framework that is adaptable to the Middle Eastern culture and
environment
 Evaluating what is relevant for mandate in the Middle East
 Key elements to consider while developing policies and procedures including business strategy, risk
appetite, size and complexity of activities as well as sophistication of market risk monitoring and
management systems
 Assessing techniques to measure and define risks in portfolios to changes in interest rates, foreign
exchange rates, equity prices and credit spreads, as well as understanding their correlations and
implied volatilities
Dr. Rajesh Shah, Head of Market Risk, The Saudi Investment Bank, KSA
Beyond The Risk Register: Practical tools for creating and implementing a holistic ERM framework and
embedding a strong risk management culture throughout the organisation
 Evaluating common challenges faced while implementing ERM in organisations including the tone at
the top, risk appetite in organisational culture, top-down versus bottom-up considerations as well as
resource and time constraints
 Evaluating the eight critical components for moving away from silos and introducing an effective ERM
framework
 Achieving an optimal value-added ERM framework for a sustainable and adaptable approach
Susan Daniel, Chief Risk and Compliance Officer, State General Reserve Fund, Oman
15:20
Market Risk Management: Overcoming modeling, data management and reporting challenges in VaR to
gain better market risk insight
 Evaluating approaches to Value at Risk (VaR) including local versus full valuation, delta-normal,
historical as well as Monte Carlo simulation
 Analysing the relative importance of risk factors in determining portfolio loss
 Assessing the effect of both static and dynamic hedges and trade strategies, and determining
optimal portfolios by utilising back-testing and scenario-testing models
 Exploring the effect of changing risk factors on the value of positions in the portfolio using stress
testing
 Establishing and automating processes of accessing, cleansing and merging data
Ahmed Al Batal, Regional Director of Market Risk, EFG-Hermes, UAE
COSO II Versus ISO 31000: Understanding the differences in key principles, requirements and processes
between the two leading ERM frameworks
 Evaluating requirements of ISO 31000 versus those of COSO II
 Understanding the differences in focus: Performance based risk management versus risk
management principles based on own risk management plan
 Critically assessing the shift from “an event” to “the effect risk and risk management has on an
organisation’s objectives”
 Evaluating the implications of ISO 31000 putting emphasis on risk management as a strategic
discipline for making risk-adjusted decisions, rather than a compliance-based function of COSO II
16:00
16:40
PAN AUDIENCE VOTING AND DISCUSSION
CASE STUDY
Risk Breaches And Other Challenges: Tools for avoiding and managing market risk breaches
In this session you will get the chance to vote on a set of questions regarding risk breaches globally
and in the region. This will be followed by a moderated pan audience discussion, where you have the
opportunity to share the challenges and experiences with developing and implementing systems,
checks and procedures for potential risk breeches in your organisation
ERM In Practice: Best practices for implementing ERM and rising above traditional risk management
silos
 Getting top level buy in by demonstrating sufficient ERM value and justifying implementation costs
 Tips for balancing risk visibility and legal exposures
 Establishing a formal risk management framework, common terminology, ownership and risk
reporting
 Assessing the value and drawbacks of the different approaches and tools for enterprise risk
assessments including surveys, interviews and historical analysis
 Recommendations for deciding on time horizons, scenarios as well as between qualitative and
quantitative metrics
Jason Shohet, VP Global Compliance & Risk Management, Citigroup, USA
Chairman’s closing remarks and end of Risk 2014
Due to unforeseen circumstances, the programme may change and IIR reserves the rights to alter the venue and/or speakers or topics.
“Great opportunity to meet as well as listen to
local and global experts in risk management.”
Xavier Verdeyen, Head of Risk Management,
National Commercial Bank, KSA
www.iirme.com/risk2014
“Good opportunity to discuss the
lastest trends in risk management.”
“This is one of the rare conferences really
focused on Risk Management.”
Dr Ryan Lemand Head of Risk Management
Securities and Commodities Authority, UAE
Amit Tyagi, Vice President,
National Bank of Abu Dhabi, UAE
+971 4 335 2437
+971 4 335 2438
register@iirme.com

8. Partnership Opportunities
Do your services or solutions support risk management and compliance for banking and non-banking financial
organisations? Risk 2014 is a unique opportunity and the largest gathering of Regulators, CROs, Supervisors, Academics
and Leading Risk Practitioners in the Middle East.
Establish yourself as a thought leader in the region by:
 Chairing the summit
Increase your visibility through:
 Tailored speed networking
 Hosting closed door by-invitation-only meetings
Talk to Michael Moffat to tailor a package to
your precise needs and objectives.
Call Michael on +971 (0)4 407 2716 or
email him at sponsorship@iirme.com
 Hosted daytime and evening receptions
 Presenting during main program
 Hosting panel sessions
 Launch reports and relevant research
 Leading in-depth workshops
 Focused branding
 Moderating think tanks and audience discussions
INTERACTIVE Opportunities
FACT!
35+
CROs and Heads
of Risk Management
discussing tomorrow’s strategies and
exchanging transformational expertise
on the future for finance and risk
HEAD TO HEAD DEBATE
Between Management And Risk
Personnel
GAIN MANAGEMENT BUY IN:
Understand what management in the region
thinks of risk ownership and management in
relation to their resources – NECESSITY?
NICE-TO-HAVE? WASTE OF TIME?
NEW INTERNATIONAL
INSIGHT
Invaluable practical insight
from keynote speakers on Risk
Appetite, ERM, Operational
Risk and Stress Testing
BRAND NEW speakers discussing
BRAND NEW INTERACTIVE OPPORTUNITIES




CRO Roundtables
Head To Head Debates
Regulatory Roundtables
Multi-Perspective Roundtables




Speed Networking
Pan-Audience Discussions
Content Streams
More time for Q&A
www.iirme.com/risk2014
Practical examples
for IMPLEMENTATION
Risk 2014 promises to deliver
great value through
learning and networking
opportunities
Portfolio Management
Stress Testing
Scenario Analysis
Liquidity
Lending To SMEs
ERM Implementation
Market Risk Management
Capital Adequacy
CRSA and KRIs
MORE REGULATORS!
NEW Speakers
strategic, credit, market,
liquidity and operational
risk management as well as
ERM
KEEP YOUR BUSINESS
CARDS READY!
To aid compliance and strategy
development
Basel III, Solvency II and FATCA
Impact of regional regulatory changes to
liquidity, insurance deposits, consumer
lending, real estate finance, securities
trading, GRE exposure and credit risk
More CROs Than 2013
Your chance to candidly interact with
influential risk leaders in TWO CRO
roundtables!
+971 4 335 2437
More On-Point
Insight
The most comprehensive programme ever
with NEW dedicated afternoon streams on
CREDIT RISK, OPERATIONAL RISK, MARKET
RISK AND ERM
Tailor your own programme with a choice of 17
extra streamed sessions!
+971 4 335 2438
register@iirme.com
www.iirme.com/risk2014

9. Platinum Sponsors
Experian is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage
credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and
protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2013 was US
$4.7 billion. Experian employs approximately 17,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in
Nottingham, UK; California, US; and São Paulo, Brazil. Since 2010, Experian Dubai Office is delivering its services to its clients in the Middle East.
For more information, visit www.experian.ae
Founded in 1990, FINCAD serves institutional and corporate participants in the global financial markets. FINCAD's mission is to make better decisions possible by
making complex finance easy, affordable and widely available.
FINCAD has become the industry standard for financial analytics providing derivative analytics tools and services to tens of thousands of financial professionals in
more than 4,000 organisations located in over 80 countries around the globe.
We provide valuation, pricing, risk assessment, cash flow forecasting and regulatory compliance tools to banks, investment fund companies, professional service
firms, governments and others; helping them:
• Better manage financial risks,
• Increase investment returns,
• Reduce the cost of borrowing,
• Lower the cost of raw materials,
• Compete more effectively in multiple currencies.
For more information, visit our website www.fincad.com
TAILOR YOUR PROGRAMME
SPONSORSHIP OPPORTUNITIES
Personalise the Agenda to
your learning needs
Talk to Michael Moffat to tailor a package to
your precise needs and objectives.
Call Michael on +971 (0)4 407 2716 or
email him at sponsorship@iirme.com
Our concurrent streams allow you to select the
sessions most suited to you
www.iirme.com/risk2014
+971 4 335 2437
+971 4 335 2438
register@iirme.com
www.iirme.com/risk2014

10. POST CONFERENCE
TECHNICAL MASTERCLASSES
Wednesday
9 April 2014
Our post-conference technical masterclasses are run in small groups so that each participant gets one-to-one attention and has the
opportunity to raise questions and get an in-depth understanding of how to develop and implement complex risk frameworks in the
Middle East
Masterclass A
Seminar A runs from 08.30 – 12.30, with lunch served afterwards. Registration begins at 08.00
Integrated Approach To Stress Testing: Examining leading practices for developing and
applying stress testing to achieve strategic objectives in the region
Globally, evolving regulatory and market environments
have heightened attention on strengthening stresstesting strategies, systems and procedures. Stress
testing as a tool is becoming more and more valuable to
help financial institutions steer their businesses through
a highly volatile economic landscape.
This half day workshop is designed specifically to create
solutions for developing, implementing and integrating
stress testing at the group level of your organisation by:

Raising the consciouness about the difference
between stress testing and scenario analysis, VaR and
other measures for credit, market and liquidity risks

Developing enterprise-wide integrated framework
that aggregates stress scenarios across all asset
classes

Assessing available modeling approaches and
techniques

Evaluating models’ key parameters, data
requirements, granularity of input and output
parameters
Masterclass B

Suggesting potential solutions for difficulties in finding,
extracting and aggregating data, designing plausible
but realistic scenarios as well as keeping resources,
time and costs in check

Giving recommendations for setting scenarios across
countries and business units as well as calculating the
effect for each portfolio/business line, and increasing
the variety of scenarios to reflect potential risk across
risk types and geographies

Creating management reports based on stress testing
and incorporating into decisions on strategic areas
including risk management, capital allocation and
planning, risk appetite, business unit planning

Featuring real-life case studies involving stress testing
Alexander Denev, Co-author of “Portfolio
Management Under Stress”and Senior
Team Lead, Risk Models, RBS, UK
Seminar B runs from 13.30 – 17.30, Registration begins at 12.30
Operational Risk: An integrated approach to and practical strategies for measuring,
managing, modeling and embedding operational risk for drive informed decision making
Unlike other risks, the definition of operational risk given
by Basel II only represents a potential loss, making the
real benefits of its management difficult to demonstrate.
Additionally, staff and systems are considered to be
the causes of operational losses and are not seen to be
best placed to measure and manage this risk, resulting
in the lack of a universal methodology for managing
operational risk.
This workshop is designed to deliver real life solutions to
key challenges faced with operational risk by:

Identifying core concepts involved in the Three Pillar
Framework and Basel III for allocation of capital to
operations risk

Comparing and contrasting Basel III measurement
methodologies for operations risk including Basic
Indicator Approach, Standardised Approach and
Advanced Measurement Approach (AMA)

Evaluating the relative merits of operational risk
measurement techniques including Loss Distribution
Approach, Scenario Analysis, Risk Control Self
Assessment (CRSA), Key Risk Indicators (KRI) for
Operational Risk Management (ORM)

Working out and implementing a core theoretical
quantitative/qualitative mix of statistical and
business process management methods for
the management of operations risk in a financial
institution

Comparing and contrasting advantages and
challenges of Basel III implementation

Practical session: Framing solutions for real-life case
studies involving operations risk
Michael Sicsic, Group Operational Risk
Director, Aviva Plc, UK
See www.iirme.com/risk2014 for full workshop leaders biographies

11. RISK2014
AZ3034
7 - 9 April, The Address Hotel, Dubai Mall, Dubai, UAE
GROUP DISCOUNTS AVAILABLE
CALL: +971 4 335 2483
E-MAIL: a.watts@iirme.com
Monday
7 April 2014
Summit
Wednesday
9 April 2014
A

Please √ the desired sessions
Tuesday
8 April 2014
B
RISK2014
Super Early Bird
Book before
9 January 2014
Early Bird 1
Book before
6 February 2014
Early Bird 2
Book before
6 March 2014
Standard Price
6 March 2014
Conference &
2 Masterclasses
$3,099
$3,299
$3,499
$3,699
Conference &
1 Masterclass
$2,499
$2,699
$2,899
$3,099
Conference Only
$1,899
$2,099
$2,299
$2,499
1 Masterclass Only
$699
$799
$899
Conference fees include
documentation, luncheon and
refreshments. Delegates who
attend all sessions will receive a
Certificate of Attendance.
$999
All registrations are subject to
our terms and conditions which
are available at www.iirme.com/
terms. Please read them as they
include important information.
By submitting your registration
you agree to be bound by the
terms and conditions in full.
Limited places for regulators to attend for FREE!
email: register@iirme.com to request a pass
DELEGATE DETAILS
First Name:
Surname:
Job Title:
Company:
Address:
Mobile:
Fax:
PAYMENTS
A confirmation letter and invoice will be sent upon receipt of your registration. Please note that full
payment must be received prior to the event. Only those delegates whose fees have been paid in
full will be admitted to the event.
AVOID VISA DELAYS – BOOK NOW
Delegates requiring visas should contact the hotel they wish to stay at directly, as soon as
possible. Visas for non-GCC nationals may take several weeks to process.
CANCELLATION
If you are unable to attend, a substitute delegate will be welcome in your place. Registrations
cancelled more than 7 days before the Event are subject to a $200 administration charge.
Registration fees for registrations cancelled 7 days or less before the Event must be paid in full.
Substitutions are welcome at any time.
City:
Email:
EVENT VENUE:
The Address Hotel, Dubai Mall, Dubai, UAE
Tel: +971 4 438 8888
ACCOMMODATION DETAILS
We highly recommend you secure your room
reservation at the earliest to avoid last minute
inconvenience. You can contact the IIR Hospitality
Desk for assistance on:
Tel: +971 4 407 2693
Fax: +971 4 407 2517
Email: hospitality@iirme.com
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