26 - 28 November 2012 Holiday Inn - Kuwait Salmiyah
Platinum Sponsor
Organized by
Introduction The Conference aims at bringing together ERM knowledge from a variety of industries to share best practices, strategies and tools on empowering ERM efforts in order to inform the enterprise-wide decision-making process. The ERM conference will build a strong cross-disciplinary framework for senior management to create systematic value and competitive advantage through effective managing of risk and capital.
Conference Topics Top 10 reasons why you should attend this Event • Understand the state of ERM Framework among leading Organizations worldwide. • Network with Senior-Level executives and share best practices in implementing the ERM framework and also listen to World-Class speakers who will unveil the latest trends in ERM. • Examine how ERM has become increasingly significant in a Post-Crisis world. • Discuss with leading consultants and ERM practitioners on how you can embed ERM into your decision making process for enhanced value delivery. • Analyze the greatest challenges faced by regional Organizations while implementing ERM framework. • Expose yourself into leading Software solutions available to support ERM initiatives. • Know how to align your ERM initiative with strategy. • Learn from regional Case Studies presented by reputed Organizations and be part of the active panel discussions and debates on ERM. • Benchmark and measure the maturity level of ERM practice within your Organization. • Attend the High-Impact Master Classes presented by Leading Experts.
Who will Attend this event?
Attendance by Industries
• C-Level Executives (CEO/CFO/CIO) • General Managers • Managing Directors • Directors, Managers and Heads of Risk Management o Auditing o Finance o Procurement o Compliance o Information Technology o Corporate Governance o Legal o Safety o Contracts o Branding o Strategy o Investments o Process Excellence o Corporate Affairs
• • • • • • • • • • • • • • • • • •
Construction Consulting Defense Banking & Finance Education Food and Consumer Goods Government Healthcare Hospitality Information Technology Insurance Media Manufacturing Oil & Gas Petrochemicals Retail Telecom Utilities
DAY 1st- 26 November 2012 08:00 - 09:00 | Registration 09:00 - 10:00 | Session 1 Farouk Al-Zanki Chief Executive Officer, and Deputy Chairman of the board of Directors of (KPC)
Petter Kapstad Chief Risk Officer in Statoil Presentation: Statoil ERM journey
Rahat Latif Head of Enterprise Risk Management, Corporate Planning, Qatar Gas Presentation: Experience of implementing ERM in Qatargas, step-by-step, from scratch to a working system
10:00 - 11:30 Panel Discussion (90 minutes) Nader Sultan, Chair Senior Partner, FANDN Consultancy
Petter Kapstad Chief Risk Officer in Statoil
11:30 - 12:00
| Break / Prayer Time
12:00 - 14:00
| Session 2
Arno Gerken Director, McKinsey & Company's-Frankfurt Office
Rahat Latif Head of Enterprise Risk Management, Corporate Planning, Qatar Gas
Iman H. Al-Gharabally Team Leader Risk Engineering , Risk Management Department, KPC Presentation: Kuwait Petroleum Corporation ERM Journey 2002 - 2012
Rami Wadie Partner and Corporate Governance Leader, Enterprise Risk Services - Deloitte & Touche (M.E.) Presentation: ERM: A Governance Mandate
Mohamed Samir Abdel Ghany Head Of Internal Audit , Mashreq Bank, Qatar Presentation: ERM: A Governance Mandate and the proactive role of Internal Audit
Horst Simon Risk Culture Builder, Owner of the Linked In Group: Risk Culture Builders Presentation: "How to mitigate human control malfunction"
14:00 - 15:00
| Lunch Break
15:00 - 17:00
| Session 3 Alex Dali President at G31000 Presentation: ISO 31000, a risk management standard for decision-makers
Hessa Aljinaidel ERM Team Leader, Petrochemical Industries Company (PIC) Presentation: Reining in Risk: PIC Experience
Maged Fanous Partner | Advisory Services, Financial Risk Management - Ernst & Young Presentation: "Risk Transformation".
17:00
| End of Day 1
DAY 2nd - 27 November 2012 08:00 - 09:00 | Registration 09:00 - 10:00 | Session 4 Youness El Kandoussi
Manager - Operational Risk, Boubyan Bank Presentation: Operational Risk : the Non-Finacial Risk Aspect of the ERM
Khaleda Bandar ERM -Team Leader - Kuwait National Petroleum Company (KNPC) Presentation: Embedding risk culture in your organization’s DNA
10:00 - 11:30 Panel Discussion (90 minutes) Chitro Majumdar , Chair
Vikas Upadhyay
Chief Science Officer, R-square RiskLab
Risk Specialist, McKinsey & Company, India
Bhaskar Majumdar
Stephen M. Vink
Head of Risk Management & CRO, The Industrial Bank of Kuwait
Senior Vice President, Group Risk Management and Group Internal Audit - Global Investment House
11:30 – 12:00 | Break / Prayer Time 12:00 – 13:30 | Session 5 Prashant Nair, PIOR
Head- Operational Risk, Kuwait International Bank-KIB Presentation: "How to Integrate Risk Assessment into Business Processes"
Stephen M. Vink
Senior Vice President, Group Risk Management and Group Internal Audit- Global Investment House Presentation: ERM Lessons learnt?
Bhaskar Majumdar
Head of Risk Management & CRO, The Industrial Bank of Kuwait Presentation: Integrated Risk Management in Financial Institutions
13:30 – 14:30 | Lunch Break 14:30 – 16:15 | Session 6 Mohammad Al Soulah
Sr. Risk Analyst - Kuwait National Petroleum Company (KNPC) Presentation: Role of ERM in Achieving Organizational Business Strategy
Raj Parthasarathy
Regional Head & Director, Financial Strategy & Risk Management Advisory Services, Protiviti Member Firm (ME Region) Presentation: Changing contours for enterprise risk appetite: Towards a dynamic framework in uncertain times
Khalid Al-Awadhi
Projects Leader, KOC Presentation: Experience of the Kuwait Oil Company in the application of Enterprise Risk Management
16:00 - 16:15 | Break 16:15 - 17:45 Tutorial by Chitro Majumdar-CSO, R-Square RiskLab Chitro Majumdar
Chief Science Officer, R-square RiskLab Tutorial: Enterprise Risk Management Quantification - Determine the Underlying Risk Process & Exposure : Understand with Quantitative Model - Build Risk Models - Simulation and Scenarios - Indetify Inputs and Parameters - Monitor - Overlay Current and Proposed Mitigation This 90 min. Compressed Tutorial will help participants to understand an importance, motivation and the basics of “how to deal with ERM via quantitative processes”.
17:45
| End of Day 2
WORKSHOP | 28 November 2012 09:00 – 17:00
Executive Management Risk Think-Tank
This 1-day program is aimed supporting top management teams and company boards to evaluate the effectiveness of their risk management function in a facilitated workshop and strategy session consisting of 2x 4Hour sessions. Most organisations have to re-focus Risk Management in the aftermath of the global crisis and it is best to have a trusted “outsider” to facilitate this process and bring a fresh perspective to the table. An ineffective risk management process serves no purpose and can significantly impact the financial health of any organization. As a non-revenue generating department, you are often asked to quantify your value and substantiate your budget requirements. This Workshop will review the requirements and key elements of an effective risk management program, including leadership support, strategic planning/direction and proactive risk mitigation strategies to build sustainable competitive advantage. You will gain ideas, concepts and tools that will help you to demonstrate how your program can be enhanced to incorporate the elements of an effective risk management approach, good risk governance and deliver an embedded Risk Management Culture. Often valuable resources are used to investigate, respond to and pay for adverse events that could have been prevented by effective risk management.
OBJECTIVES Organizations are at different levels of development in the risk management field and at various levels of implementation of the associated processes. Each Executive Think-Tank Workshop is organization specific and the cost includes a prior consultation and research to identify the participants and support the facilitators to prepare and add value to the workshop discussions. This program is essential to help Executives to improve their understanding of risk management principles and practices and formulate a strategy of enhance their risk management process to a new level of effectiveness. No two organizations will implement risk management in the same way; this program will help Executives to customize a strategy and formulate a plan that will add value the organization. In addition to acquiring the knowledge to fully understand the risk management process, the program will demonstrate practical ways of putting theory into practice.
WORKSHOP OUTLINE SESSION 1: 90 mins.
Background to Risk Culture Lessons learned from the past Organisational culture and why we need transformation in Risk Management SESSION 2: 90 mins. The 5 levels of maturity of Risk Culture How to assess your organisation's level of maturity (practical exercise) SESSION 3: 90 mins. Case study on people risk (including 17 min video clip and small group discussions) The People risk mitigation framework and how to develop that for your organisation The role of HR in Risk Management SESSION 4: 90 mins. How to develop your Risk Culture Building Strategy How to develop your action plans Communication and monitoring of the risk culture building process
COURSE LEADER : HORST SIMON Horst has been in the banking and consultancy industries for over 30 years. As Head of Risk Technology in Mashreq Bank in the United Arab Emirates, he pioneered the concept of Risk Technology Management; implementation of a strategic risk mitigation framework to achieve active risk management capability, support good risk governance and ensure sustainable competitive advantage. Horst started his work in the Middle East in 2005 at EmiratesNBD Group, where he was tasked with building an Operational Risk Management function for the Group. He held previous operational risk and banking operations positions with Barclays Bank plc and with the Standard Bank Group of South-Africa Ltd, living in 4 countries and working in more than 20. His special interest is in the field of People Risk and he has delivered many presentations at international conferences on the Mitigation of People Risk and other risk management topics. He is a member of the Professional Speakers Association of Southern Africa. Horst currently works with leading global players in the field of Risk Management Consultancy and Training as well as Business Process Outsourcing
17:00
| End of Workshop
26 - 28 November 2012
Holiday Inn Kuwait Hotel , Salmiyah
Registration Form
www.kuwaiterm.com