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Agenda
Asia Risk Congress 2023 | Full Agenda
Morning sessions
08:00 – 09:00
Registration
09:00 – 09:05
Chairperson's opening remarks
Jeffrey Yap
Managing director, head of investments and wealth solutions, Southeast Asia
HSBC Global Private Banking and Wealth
Jeffrey heads the Investments and Wealth Solutions (IWS) teams for Southeast Asia at HSBC Global Private Banking and Wealth. In this role, he is responsible for the delivery of investments, products, platforms, wealth advisory and solutions for the whole wealth continuum of Global Private Banking and Wealth in Southeast Asia.
Jeffrey is a well-recognised investment professional in Asia with over 27 years of experience in global financial markets across multiple products and asset classes. He has built and managed investments, research, trading, product and advisory teams for global financial institutions including hedge funds, global markets, private banks and wealth management.
Jeffrey has a deep understanding of the trading, investments, products, technology platform and risk management of various asset classes. He is unique among financial professionals in Asia with his breadth of experience ranging from equities, fixed income, FX, commodities, credit, derivatives to alternatives investments. Furthermore, his strong business acumen, mentoring and leadership experiences have enabled him to build strong businesses and manage successful teams regionally.
Prior to joining HSBC, Jeffrey worked as Managing Director in PAG, one of Asia’s largest alternative investment firms and was responsible for the firm’s public fixed income investments. Prior to that, he was Chief Investment Officer of Ark One as well as Managing Director and Head of Fixed Income Trading - Asia for Mizuho Securities.
09:05 – 09:25
Risk inventory: What are the lessons learnt in 2023?
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What were the major specific challenges that were tackled in 2023?
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How were the challenges navigated and issues resolved?
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What could have been done differently?
Sanjay Guglani is the Founder of The Silverdale Group, Director & Chief Investment Officer of Silverdale Fund VCC, and Director & Chief Executive Officer of Silverdale Capital Pte Ltd.
Sanjay has over 30 years of investment experience managing over a billion-dollars across a dozen funds, inter alia: Silverdale Bond Fund, Silverdale Asia Bond Fund, Silverdale Fixed Maturity Funds, and Silverdale Multi-Strategy Fund.
Earlier, as Managing Director of Silverdale UK, his firm channelized over US$ 4 billion of investments into emerging markets, including in joint venture with Goldman Sachs, Morgan Stanley, and Lehman Brothers.
Investing is a passion for Sanjay, and he has been a frequent guest lecturer at various business schools in UK, India, and Singapore. His expert opinions are widely sought by media, from The Wall Street Journal to Economic Times India, The Straits Times Singapore to The Yield Report Australia, from CNBC to ET Now. He has delivered presentations at several forums, including at the United Nations.
By qualification, Sanjay is a Chartered Accountant, Management Accountant, Company Secretary, and Sloan Fellow of Management from the London Business School (as British Chevening Scholar).
- Part of leadership team at CRISIL's Global Research and Risk Solutions business
- Heading CRISIL's risk and quant modelling practice in UK/Europe and APAC regions. Responsible for the strong growth of the practice in these regions.
- Experienced professional in quant, analytics, and risk management areas
- Heading a team of 100+ strong quantitative and analytics professionals working on various engagements in the areas of model development, documentation, validation and implementation, quantitative technology, regulatory (CCAR, EBA, PRA, ICAAP, FINMA) stress testing, BASEL implementation, FRTB and IBOR transition implementation
- Presented at conferences & webinars and co-authored white papers on stress testing and FRTB
- Strong experience in recruiting and building strategic talent for the practice
Shivkumar Mahadevan
Chief risk officer, corporate, commercial & institutional banking
Standard Chartered Bank
Shiv is currently the Chief Risk Officer, CCIB at Standard Chartered Bank (SCB); with overall risk responsibility for Corporate, Commercial & Institutional Banking (CCIB) clients across all geographies.
Shiv chair’s SCB's CCIB Risk Committee which oversees all the risks associated with the CCIB business (i.e. both financial and nonfinancial risks) and is also part of the Group Risk Management Team, Remuneration Forum, Underwriting Committee & Investment Committee. He is responsible for risk managing a portfolio of over USD 500 billion spanning across 65 countries, managed via a team of over 500 Risk Officers. Besides exercising direct control responsibility for Credit Risk and Market Risk profile of the Group, he is extensively involved in maintaining alignment with risk appetite by rebalancing risks or controls that may be required in response to internal and external factors.
Prior to this, he was the Regional Chief Risk Officer (RCRO), ASEAN & South Asia, at SCB and responsible for all risk types for the region. Before the RCRO role, Shiv was Senior Regional Credit Officer (SRCO), Asia; providing credit risk oversight for all Corporate, Institutional & Commercial clients across Asia. He has also been the Head of Credit Risk - Specialized Finance, Funds and Traded Products, where he was responsible for providing global credit risk oversight covering all Financial Markets products, Acquisition Finance, Project & Export Finance, Aviation & Shipping Finance and Structured Finance.
Shiv has been in the financial services industry for over 28 years, of which the last 23 years have been with SCB where he has held various senior Risk roles across Singapore, Hong Kong, Dubai and Mumbai – covering multiple geographies around the world. Before joining the financial services industry, Shiv worked for 3 years with Tata Motors, India.
Shiv holds a degree in Electrical Engineering and a Post Graduate Diploma in Financial Management (PGDM) from Indian Institute of Management (IIM), Bangalore.
He is passionate about mentoring and coaching talent. He also occasionally goes in as a guest speaker at the Singapore Management University and was recently a Panellist at the “RiskMinds” Conference. Shiv is a Member of SCB's Global Diversity & Inclusion Council and leads the initiative for the Risk Function. Corporate Treasurer awarded Shiv for the best approval turnaround times for Cash Management Services for the year CY2014. He was also awarded the Leading Risk Practitioner by the Asian Banker in 2015 and was conferred the IBF Fellow in 2016 by the Institute of Banking & Finance, Singapore.
Nishank is a Managing Director & the Chief Risk Officer of UBS Singapore and also head of credit for Structured Lending. He has over 20+ years of experience in risk management and prior to joining UBS, he was with Credit Suisse (CS) for 10 years where he was a Managing Director and Regional Head of Credit Risk for both Investment Banking and Wealth Management businesses for South Asia, South East Asia and Australia / New Zealand; and also APAC Head of Credit Risk for Real Estate, Securitization and Leveraged Finance. Prior to CS, Nishank was with Deutsche Bank for 7 years in Credit and Risk Management, where in his last role he was in-charge of credit risk for the Structured Lending, Principal Finance and Distressed Debt trading businesses in APAC.
09:25 – 10:05
Holistic overview of the derivatives markets within Asia Pacific
- What is the current landscape of derivatives trading across Asia Pacific?
- How has regulatory drivers affected the derivatives market?
- How to drive margin, capital, and operational efficiencies in the world of derivatives?
- Outlook of derivatives for the next 5 years
Alexandre looks after the definition, positioning and go-to-market strategy of Murex product solutions with a focus on Risk Management and Regulatory Transformation. His most recent work centers on the implementation of the bilateral Initial Margin and Basel III capital reforms, and on XVA desks operating models. Alexandre also co-heads the Murex task force on the Interest Rates Benchmark Reform.
Since joining Murex in 2000, Alexandre has held both senior client-facing and product management positions, last serving as global head of the Risk Control practice and general manager for Murex Ireland, where he drove the development of the MX.III XVA management solution and Credit Risk simulation engine.
Alexandre holds a « Grande École » MSc in Management and Finance from HEC Paris.
Jacky Mak
Managing director, head of fixed income & currency product development, markets division
HKEX
Jacky Mak has more than 20 years of experience in financial services and consulting. His roles have included chief financial officer of the Hong Kong and Taiwan branch of Societe Generale's corporate and investment banking unit and director, OTC product development of HSBC's global banking and markets group in Hong Kong. Before joining HKEX, he was a Hong Kong-based director in Bank of America Merrill Lynch's global markets division.
In addition to an undergraduate degree in computer science from the Hong Kong University of Science and Technology (HKUST), Mr Mak has an MBA and a Master's degree in investment management from HKUST. He also has completed the advanced management programme of French graduate business school INSEAD.
Terence Tay heads the North Asia Cluster for OCBC, leading the hub and spoke trading teams focusing on FX and Rates businesses in the markets of China, Taiwan, HK, Korea and UK. He has spent more than three decades in the financial industry doing a trading function. He is an experienced Foreign Exchange, Interest Rate derivatives and Fixed Income trading manager with expertise in Asian emerging markets. He was also part of the team that formulated and created SGD Overnight Index Swap to the Singapore marketplace. He transacted the first SGD Overnight Index Swap in Singapore in 2000.
Having worked in various major financial institutions, in the areas of G7 Money markets and Short-Term Interest Rate Trading and now the Asian Local FIC marketplace, he has a wide spectrum of exposure in experiencing the ever-changing marketplace and landscape. He has also spent considerable time being seconded to Korea and Hong Kong to trade the local markets. Currently, outside of trading, he is involved in the SFEMC Indicative Survey committee, Financial Markets Regulatory Practice (FMRP) Examination Board and ASIFMA (Asia Securities Industry & Financial Markets Association) China Capital Markets committee.
Outside of the workspace, Terence is an avid oenophile who enjoys quiet moments of wine appreciation while undertaking the learnings of doing aquascaping and aquaponics.
He holds a MBA (Finance) from the University of Hull and is an alma mater of the School of Business Administration in the National University of Singapore.
Rohit Verma is Head of Asia Pacific at LCH, responsible for managing operations and sales to drive LCH’s continued expansion in the region.
Rohit has over 20 years’ experience in the derivatives, prime brokerage and risk management space. Before joining LCH in 2021, he spent nine years in senior strategic roles at Citi, including Head of Clearing and FX Prime Brokerage in APAC. During his tenure, Rohit also represented Citi at various Asian exchange risk committees and workgroups. Prior to this, he was Deutsche Bank’s APAC Head of Risk Management, overseeing market and counterparty risk management for their asset management business.
Rohit holds an MBA in Finance from the National University of Singapore and is FRM certified.
10:05 – 10:30
Libor transition - how have SOFR markets developed & the outlook for Asian rates markets
- USD Libor transition - evolution of activity in listed markets
- Term SOFR - what is the current state of play
- Margin optimization in the higher rates regime - portfolio margining
- Overview of the rates market in Asia & outlook for 2024 and beyond
Based out of Singapore, Mitul Kotecha was a TD Securities Senior Emerging Markets Strategist with a wealth of experience. His career as a strategist and economist extends over 25 years and across offices in London, Hong Kong, and Singapore. Prior to joining TD Securities, Mitul held the position of Head of FX and Rates Strategy for Asia-Pacific at Barclays, and prior to that, served as Head of Global FX Strategy and Head of Asia Research at Credit Agricole CIB.
Mitul has developed strong client relationships across the region focusing on Asian macro strategy and global emerging markets. His coverage of financial products spans bonds, interest rates, equities, and foreign exchange. Mitul has been highly ranked in various FX research and forecasting polls including FX Week, Bloomberg, Reuters, and Asiamoney.
He is a frequent speaker at various economic and financial global conferences, is regularly consulted by the media for views on markets and economies, has given a TEDX talk, and authored the book “Chronology Of A Crisis.” Mitul has appeared on business channels such as CNBC and Bloomberg TV and is regularly quoted in the Financial Times, Wall Street Journal, Reuters, Bloomberg, Associated Press, and Dow Jones.
Mitul holds a Masters of Science Degree in Economics and Finance from the University of Warwick and an Honours Degree in Economics.
Ravi Pandit is executive director, foreign exchange and interest rate products, Asia-Pacific at CME Group, and is responsible for expanding its existing FX and interest rate business and developing new opportunities across the region. He joined CME Group in August 2015 and he has 25 years' experience in the financial markets. Prior to joining CME Group, Pandit was a consultant to Singapore Exchange, where he provided strategic advice and project management for its launch of listed FX futures. Before that, he worked for 12 years in Dresdner Bank and subsequently Commerzbank, where he headed up the local markets trading team and helped build its Asian presence in interest rate and FX derivatives trading. Pandit also worked in various trading roles at Barclays, and in operations and technology at Citibank.
10:30 – 11:00
Networking break
11:00 – 11:25
The truth about the state of the global economy
Selena is the Chief Economist for OCBC Bank. As Head of Treasury Research & Strategy, she leads a research team that is responsible for Treasury market research, forecasts and trading recommendations for the bank, covering fixed income, interest rates, corporate credit, foreign exchange and macroeconomic commentary.
She is a member of the OCBC Wealth Panel for Singapore and Malaysia, as well as a council member for the Economic Society of Singapore. She was conferred the IBF Fellow Award in Financial Markets in 2017. The IBF Fellow award recognises industry veterans who have demonstrated mastery of a profession and exemplify thought leadership and commitment to industry development. Her research writings has been extensively quoted and published by prominent media across print, television and radio.
Under her leadership, OCBC’s research capabilities have been greatly valued by customers and highly ranked in surveys for interest rate research, FX research, market coverage and Asian macroeconomic research in various forums including the AsiaMoney Fixed Income and FX polls, Bloomberg and Thomson Reuters polls, amongst others.
Prior to joining OCBC in August 2000, Selena was with the Fiscal Policy Unit under the Ministry of Finance (MOF) and the Economics Department in the Ministry of Trade and Industry (MTI). She received her Bachelors of Science (Economics) from the London School of Economics and also her Masters in Applied Economics from the National University of Singapore.
11:25 – 12:00
Creating opportunities and leading the business
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What needs to fundamentally shift in the mindset of financial services industry?
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What are the new opportunities for the financial services industry?
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Creating a customer centric approach with new business models in the financial services industry
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Should the financial services industry be the leaders of driving change?
Shaune Joined Assured Asset Management Singapore as CEO in 2021. Prior to joining Assured, he was the Director, Fixed Income Group, Mizuho Securities Asia Limited in Hong Kong. Previously, he worked at leading institutions including Credit Suisse, HSBC, and Daiwa Securities Singapore.
Shaune is a seasoned financial expert with over 20 years of experience in the banking industry and in finance. He is a proven outperformer awarded 1st in the Asset’s Best Individuals in Asian Local Currency Bonds in 2018.
Shaune holds an Executive MBA from Kellogg-HKUST. Shaune is a Certified Financial Planner (CFP ® Charterholder) and International M&A Expert.
Patrice Conxicoeur is CEO, HSBC Asset Management (Singapore) Ltd and has been working in the financial industry since 1990. Patrice assumed this position in April 2020. Previously, he was CEO of HSBC Asset Management (Japan) K.K. From 2011-2015, Patrice was Global Head of the Insurance Segment, with overall responsibility for the further business development of HSBC Asset Management with insurance companies globally. Prior to that, Patrice spent three years as Head of Institutional Business for Asia Pacific with HSBC Asset Management in Hong Kong. From 2004 to 2008, he was Chief Executive of Sinopia Asset Management, Asia-Pacific. Patrice joined Sinopia in 1992 as an equity fund manager, later becoming Head of Global Equities and subsequently promoted to Head of Strategy, Equities and Balanced Products. Patrice was posted to Asia in 2000, initially in Japan as Chief Executive Officer of Sinopia T&D Asset Management Co, Ltd., and from 2004 in Hong Kong. Prior to joining Sinopia, Patrice worked in Tokyo with Japan Gamma Asset Management. He graduated from the E.M. Lyon Business School (France).
Clarence is the Head of International Banking Group at First Abu Dhabi Bank, leading the bank’s business growth across the FAB’s International network.
He was previously from Westpac Banking Corporation where he was the Chief Operating Officer, Asia and Chief Executive, Singapore. He spent his entire career in the financial services industry, primarily in Structured and Corporate Finance, and has previously worked at PwC, Rabobank, Macquarie Securities and Temasek Holdings.
Clarence speaks English, Malay and Chinese. He studied Organizational Leadership at Oxford University and holds Bachelor of Laws and Bachelor of Economics degrees from Monash University, Australia and a Master’s in Applied Psychology from Nanyang Technological University, Singapore.
Outside of work, Clarence sits on the board of Aidha, a charity focused on empowering blue collar migrant workers through financial and personal development education.
12:00 – 12:30
Trends in people and talent management
Ideation talks
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What is really happening with the job market?
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Unique incentivisation to retain employees
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Where can talent be found?
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Implementation of the ideas for the financial services industry
As the Global Head of Talent Management at A.P. Moller - Maersk, I lead the design and implementation of talent and culture initiatives that enable the strategic transformation of the world's largest integrated container logistics company. With over 20 years of experience in HR, Talent, and Leadership roles, I have a proven track record of delivering innovative and impactful solutions across diverse and complex global organizations.
I am passionate about the future of work, upskilling, and human capital, and I leverage my expertise and insights to influence and inspire audiences as a speaker, author, and podcast host. I host the HumanWorkz podcast, a top 50 leadership podcast, where I interview leading CEOs, CHROs, authors, professors, and influencers on topics related to the changing nature of work, learning, and leadership. I am also a certified coach, a chartered member of the CIPD institute, and a mental health first aider. I serve as a board member, mentor, and advisor for various non-profit and start-up organizations, and I am always open to new collaboration opportunities.
Passionate about technology driven businesses and applications in areas of social sharing, cloud services, web and mobile. Experienced in managing corporate scale projects to improve end user experience, drive business growth and profits. Rich know-how and knowledge of business frameworks, software and technology.
Darren Argyle (CISM, CISSP) is an accomplished executive with close to 20 years in international cyber risk and security experience. He is currently the Group Chief Information Security Risk Officer (CISRO) for Standard Chartered Bank (SCB), based in Singapore, with a global scope and has held this role for the last 3 years.
During Darren’s tenure as CISRO, he has increased the positive partnership between the Risk Function and the Security Function within the first line of defence. He has also elevated the level of board engagement under his leadership, carrying senior stakeholders along the Bank’s Cyber Security journey.
He also serves as a volunteer on the executive advisory board for cyber at Australia’s Deakin University.
Darren is the former Group Chief Information Security Officer (CISO) at Qantas Airlines in Australia and, before coming to live in Australia, the former Chief Information Security Officer (CISO) at IHS Markit, a global FinTech headquartered in the UK. He has also held various senior international cyber security leadership roles at Symantec and IBM.
In 2018 he co-founded Cyber Leadership Institute, which delivers executive cyber leadership programs to support the next generation of cyber leaders and he remains the chairman. In 2021, he was recognised in the top 30 cybersecurity leaders in the APCA region for the CSO30 ASEAN awards. In 2022, Darren was selected as a keynote speaker and thought leader in major cyber security conferences (e.g., such as the ‘Future of Security’ in Melbourne or ‘Global Cyber Conference’ in Zurich).
Thomas is currently the Head of Group Technology Information & Cyber Risk (TICR) for the OCBC Group, where he chairs the bank's Group Technology Risk Management Committee, and is responsible for driving group-wide risk governance, risk monitoring, assessment and mitigation initiatives relating to technology, information and cyber risk.
Prior to his current role, he has served in regional and global leadership positions across Technology Risk Management, Business Continuity Management, and Information Technology Management in DBS Group, Credit Suisse AG, UOB Group and Citibank.
Thomas contributes actively to the development of the industry by participating in various committees and working groups. These include being the vice chair of ABS Standing Committee on Cyber Security (SCCS), and chair of ABS Working Group on Revision of MAS Tech Risk Management Guidelines (PEGASUS). Previously, he has also served as organising committee chairperson of the ABS-MAS Financial Industry Crisis Communications Exercise (FICCE) 2016, organising committee member of the ABS-MAS Industry-wide Exercise (IWE) Raffles IV 2014, and member of ABS Business Resilience and Continuity Committee (BRC).
He often shares his insights at conferences and seminars helping to elevate competencies across the industry. These include conferences related to FS-ISAC, RSA, ISACA, and SCS on topics of cyber security and resilience, business continuity management, crisis management and technology risk management.
Thomas holds an MBA from NUS Business School, an honours degree in computer science, and industry certifications of CISM, CRISC and CITBCM.
Sanchit is an actuary and risk manager having worked in the insurance industry for over 20 years across various firms and actuarial consulting. His experience covers risk management, financial management and reporting, product development and propositions, business planning and market entry. His work experience spans various markets across Asia, Africa, the UK, US and France.
Sanchit is currently Chief Financial and Operational Risk Officer covering risk management for Prudential’s Asia and Africa businesses.
Sanchit is a Fellow of the Institute of Actuaries of Australia, India and Singapore (FIAA, FIAI, FSAS) and a Chartered Enterprise Risk Actuary (CERA). He holds the Qualified Risk Director designation from the DCRO Institute.
12:30 – 13:30
Networking lunch
08:00 – 09:00
Registration
09:00 – 09:05
Chairperson's opening remarks
Jeffrey Yap
Managing director, head of investments and wealth solutions, Southeast Asia
HSBC Global Private Banking and Wealth
Jeffrey heads the Investments and Wealth Solutions (IWS) teams for Southeast Asia at HSBC Global Private Banking and Wealth. In this role, he is responsible for the delivery of investments, products, platforms, wealth advisory and solutions for the whole wealth continuum of Global Private Banking and Wealth in Southeast Asia.
Jeffrey is a well-recognised investment professional in Asia with over 27 years of experience in global financial markets across multiple products and asset classes. He has built and managed investments, research, trading, product and advisory teams for global financial institutions including hedge funds, global markets, private banks and wealth management.
Jeffrey has a deep understanding of the trading, investments, products, technology platform and risk management of various asset classes. He is unique among financial professionals in Asia with his breadth of experience ranging from equities, fixed income, FX, commodities, credit, derivatives to alternatives investments. Furthermore, his strong business acumen, mentoring and leadership experiences have enabled him to build strong businesses and manage successful teams regionally.
Prior to joining HSBC, Jeffrey worked as Managing Director in PAG, one of Asia’s largest alternative investment firms and was responsible for the firm’s public fixed income investments. Prior to that, he was Chief Investment Officer of Ark One as well as Managing Director and Head of Fixed Income Trading - Asia for Mizuho Securities.
09:05 – 09:35
Risk inventory: What are the lessons learnt in 2023?
-
What were the major specific challenges that were tackled in 2023?
-
How were the challenges navigated and issues resolved?
-
What could have been done differently?
Sanjay Guglani is the Founder of The Silverdale Group, Director & Chief Investment Officer of Silverdale Fund VCC, and Director & Chief Executive Officer of Silverdale Capital Pte Ltd.
Sanjay has over 30 years of investment experience managing over a billion-dollars across a dozen funds, inter alia: Silverdale Bond Fund, Silverdale Asia Bond Fund, Silverdale Fixed Maturity Funds, and Silverdale Multi-Strategy Fund.
Earlier, as Managing Director of Silverdale UK, his firm channelized over US$ 4 billion of investments into emerging markets, including in joint venture with Goldman Sachs, Morgan Stanley, and Lehman Brothers.
Investing is a passion for Sanjay, and he has been a frequent guest lecturer at various business schools in UK, India, and Singapore. His expert opinions are widely sought by media, from The Wall Street Journal to Economic Times India, The Straits Times Singapore to The Yield Report Australia, from CNBC to ET Now. He has delivered presentations at several forums, including at the United Nations.
By qualification, Sanjay is a Chartered Accountant, Management Accountant, Company Secretary, and Sloan Fellow of Management from the London Business School (as British Chevening Scholar).
- Part of leadership team at CRISIL's Global Research and Risk Solutions business
- Heading CRISIL's risk and quant modelling practice in UK/Europe and APAC regions. Responsible for the strong growth of the practice in these regions.
- Experienced professional in quant, analytics, and risk management areas
- Heading a team of 100+ strong quantitative and analytics professionals working on various engagements in the areas of model development, documentation, validation and implementation, quantitative technology, regulatory (CCAR, EBA, PRA, ICAAP, FINMA) stress testing, BASEL implementation, FRTB and IBOR transition implementation
- Presented at conferences & webinars and co-authored white papers on stress testing and FRTB
- Strong experience in recruiting and building strategic talent for the practice
Shivkumar Mahadevan
Chief risk officer, corporate, commercial & institutional banking
Standard Chartered Bank
Shiv is currently the Chief Risk Officer, CCIB at Standard Chartered Bank (SCB); with overall risk responsibility for Corporate, Commercial & Institutional Banking (CCIB) clients across all geographies.
Shiv chair’s SCB's CCIB Risk Committee which oversees all the risks associated with the CCIB business (i.e. both financial and nonfinancial risks) and is also part of the Group Risk Management Team, Remuneration Forum, Underwriting Committee & Investment Committee. He is responsible for risk managing a portfolio of over USD 500 billion spanning across 65 countries, managed via a team of over 500 Risk Officers. Besides exercising direct control responsibility for Credit Risk and Market Risk profile of the Group, he is extensively involved in maintaining alignment with risk appetite by rebalancing risks or controls that may be required in response to internal and external factors.
Prior to this, he was the Regional Chief Risk Officer (RCRO), ASEAN & South Asia, at SCB and responsible for all risk types for the region. Before the RCRO role, Shiv was Senior Regional Credit Officer (SRCO), Asia; providing credit risk oversight for all Corporate, Institutional & Commercial clients across Asia. He has also been the Head of Credit Risk - Specialized Finance, Funds and Traded Products, where he was responsible for providing global credit risk oversight covering all Financial Markets products, Acquisition Finance, Project & Export Finance, Aviation & Shipping Finance and Structured Finance.
Shiv has been in the financial services industry for over 28 years, of which the last 23 years have been with SCB where he has held various senior Risk roles across Singapore, Hong Kong, Dubai and Mumbai – covering multiple geographies around the world. Before joining the financial services industry, Shiv worked for 3 years with Tata Motors, India.
Shiv holds a degree in Electrical Engineering and a Post Graduate Diploma in Financial Management (PGDM) from Indian Institute of Management (IIM), Bangalore.
He is passionate about mentoring and coaching talent. He also occasionally goes in as a guest speaker at the Singapore Management University and was recently a Panellist at the “RiskMinds” Conference. Shiv is a Member of SCB's Global Diversity & Inclusion Council and leads the initiative for the Risk Function. Corporate Treasurer awarded Shiv for the best approval turnaround times for Cash Management Services for the year CY2014. He was also awarded the Leading Risk Practitioner by the Asian Banker in 2015 and was conferred the IBF Fellow in 2016 by the Institute of Banking & Finance, Singapore.
Nishank is a Managing Director & the Chief Risk Officer of UBS Singapore and also head of credit for Structured Lending. He has over 20+ years of experience in risk management and prior to joining UBS, he was with Credit Suisse (CS) for 10 years where he was a Managing Director and Regional Head of Credit Risk for both Investment Banking and Wealth Management businesses for South Asia, South East Asia and Australia / New Zealand; and also APAC Head of Credit Risk for Real Estate, Securitization and Leveraged Finance. Prior to CS, Nishank was with Deutsche Bank for 7 years in Credit and Risk Management, where in his last role he was in-charge of credit risk for the Structured Lending, Principal Finance and Distressed Debt trading businesses in APAC.
09:35 – 10:05
Holistic overview of the derivatives markets within Asia Pacific
- What is the current landscape of derivatives trading across Asia Pacific?
- How has regulatory drivers affected the derivatives market?
- How to drive margin, capital, and operational efficiencies in the world of derivatives?
- Outlook of derivatives for the next 5 years
Alexandre looks after the definition, positioning and go-to-market strategy of Murex product solutions with a focus on Risk Management and Regulatory Transformation. His most recent work centers on the implementation of the bilateral Initial Margin and Basel III capital reforms, and on XVA desks operating models. Alexandre also co-heads the Murex task force on the Interest Rates Benchmark Reform.
Since joining Murex in 2000, Alexandre has held both senior client-facing and product management positions, last serving as global head of the Risk Control practice and general manager for Murex Ireland, where he drove the development of the MX.III XVA management solution and Credit Risk simulation engine.
Alexandre holds a « Grande École » MSc in Management and Finance from HEC Paris.
Jacky Mak
Managing director, head of fixed income & currency product development, markets division
HKEX
Jacky Mak has more than 20 years of experience in financial services and consulting. His roles have included chief financial officer of the Hong Kong and Taiwan branch of Societe Generale's corporate and investment banking unit and director, OTC product development of HSBC's global banking and markets group in Hong Kong. Before joining HKEX, he was a Hong Kong-based director in Bank of America Merrill Lynch's global markets division.
In addition to an undergraduate degree in computer science from the Hong Kong University of Science and Technology (HKUST), Mr Mak has an MBA and a Master's degree in investment management from HKUST. He also has completed the advanced management programme of French graduate business school INSEAD.
Terence Tay heads the North Asia Cluster for OCBC, leading the hub and spoke trading teams focusing on FX and Rates businesses in the markets of China, Taiwan, HK, Korea and UK. He has spent more than three decades in the financial industry doing a trading function. He is an experienced Foreign Exchange, Interest Rate derivatives and Fixed Income trading manager with expertise in Asian emerging markets. He was also part of the team that formulated and created SGD Overnight Index Swap to the Singapore marketplace. He transacted the first SGD Overnight Index Swap in Singapore in 2000.
Having worked in various major financial institutions, in the areas of G7 Money markets and Short-Term Interest Rate Trading and now the Asian Local FIC marketplace, he has a wide spectrum of exposure in experiencing the ever-changing marketplace and landscape. He has also spent considerable time being seconded to Korea and Hong Kong to trade the local markets. Currently, outside of trading, he is involved in the SFEMC Indicative Survey committee, Financial Markets Regulatory Practice (FMRP) Examination Board and ASIFMA (Asia Securities Industry & Financial Markets Association) China Capital Markets committee.
Outside of the workspace, Terence is an avid oenophile who enjoys quiet moments of wine appreciation while undertaking the learnings of doing aquascaping and aquaponics.
He holds a MBA (Finance) from the University of Hull and is an alma mater of the School of Business Administration in the National University of Singapore.
Rohit Verma is Head of Asia Pacific at LCH, responsible for managing operations and sales to drive LCH’s continued expansion in the region.
Rohit has over 20 years’ experience in the derivatives, prime brokerage and risk management space. Before joining LCH in 2021, he spent nine years in senior strategic roles at Citi, including Head of Clearing and FX Prime Brokerage in APAC. During his tenure, Rohit also represented Citi at various Asian exchange risk committees and workgroups. Prior to this, he was Deutsche Bank’s APAC Head of Risk Management, overseeing market and counterparty risk management for their asset management business.
Rohit holds an MBA in Finance from the National University of Singapore and is FRM certified.
10:05 – 10:30
Libor transition - how have SOFR markets developed & the outlook for Asian rates markets
- USD Libor transition - evolution of activity in listed markets
- Term SOFR - what is the current state of play
- Margin optimization in the higher rates regime - portfolio margining
- Overview of the rates market in Asia & outlook for 2024 and beyond
Based out of Singapore, Mitul Kotecha was a TD Securities Senior Emerging Markets Strategist with a wealth of experience. His career as a strategist and economist extends over 25 years and across offices in London, Hong Kong, and Singapore. Prior to joining TD Securities, Mitul held the position of Head of FX and Rates Strategy for Asia-Pacific at Barclays, and prior to that, served as Head of Global FX Strategy and Head of Asia Research at Credit Agricole CIB.
Mitul has developed strong client relationships across the region focusing on Asian macro strategy and global emerging markets. His coverage of financial products spans bonds, interest rates, equities, and foreign exchange. Mitul has been highly ranked in various FX research and forecasting polls including FX Week, Bloomberg, Reuters, and Asiamoney.
He is a frequent speaker at various economic and financial global conferences, is regularly consulted by the media for views on markets and economies, has given a TEDX talk, and authored the book “Chronology Of A Crisis.” Mitul has appeared on business channels such as CNBC and Bloomberg TV and is regularly quoted in the Financial Times, Wall Street Journal, Reuters, Bloomberg, Associated Press, and Dow Jones.
Mitul holds a Masters of Science Degree in Economics and Finance from the University of Warwick and an Honours Degree in Economics.
Ravi Pandit is executive director, foreign exchange and interest rate products, Asia-Pacific at CME Group, and is responsible for expanding its existing FX and interest rate business and developing new opportunities across the region. He joined CME Group in August 2015 and he has 25 years' experience in the financial markets. Prior to joining CME Group, Pandit was a consultant to Singapore Exchange, where he provided strategic advice and project management for its launch of listed FX futures. Before that, he worked for 12 years in Dresdner Bank and subsequently Commerzbank, where he headed up the local markets trading team and helped build its Asian presence in interest rate and FX derivatives trading. Pandit also worked in various trading roles at Barclays, and in operations and technology at Citibank.
10:30 – 11:00
Networking break
11:00 – 11:30
The journey of climate risk through the years
Deep dive
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What are the specific challenges faced within the financial institution?
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Are financial institutions mainly concerned about regulations for climate risk?
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How can financial institutions be supported by third parties in the fight against climate change?
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How can financial institutions leverage transparent data and analytical solutions to manage climate risk?
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Share a success story of progressing in managing climate risk
Evolved from an Institutional Investor magazine-ranked Investment Strategist to Head of Sustainability at Vulpes, a Family Office-backed investment management firm. I have a passion for integrating sustainability into the investment process to achieve necessary and impactful environmental, societal and financial outcomes.
My shift to Sustainability accelerated in recent years, including designing and developing research approaches and shaping corporate strategy. My prior role was as the first Head of Sustainability at Maybank Kim Eng and member of the parent Maybank’s first Group Sustainability Council.
My investment approach is to incorporate both macro and micro factors with emphasis on data and rigorous process. I have built and managed ranked sell-side research teams across multiple countries.
This buy- and sell-side investment experience, across all asset classes and geographies, has provided a unique foundation for my current role. In the past, I have been Merrill Lynch’s Global Sector Strategist, the Global investment strategist at NewSmith’s macro hedge fund and also completed a consulting project on sub-Saharan Africa for Standard Bank.
I have worked in New York, London, Hong Kong (where I grew up) and am now based in Singapore.
Benjamin Wong joined DBS Bank in July 2017 as Managing Director, Head of ECL Accounting & Analytics in Group Finance, responsible for group wide implementation of IFRS9. Benjamin moved to his current role at the Risk Management Group in Oct 2018, with global responsibility for Wholesale & Retail credit risk analytics, climate change risk modelling and stress testing. Benjamin has over 25 years of international experience in London, Singapore, Hong Kong and Toronto in the areas of credit risk management, credit & market risk analytic modelling, climate change risk and stress testing.
Prior to his positions at DBS Bank, he was the Global Head of Wholesale Risk Analytics in HSBC London responsible for leading the end-to-end development, implementation and management of global analytics and modelling systems for Wholesale Credit risk used for risk management, pricing, stress testing, IFRS9 provisioning, economic capital and regulatory RWA reporting. Prior to this role he was the Asia Pacific Regional Head of Global Risk Analytics in HSBC Hong Kong. He has held similar roles before in credit risk analytics in Singapore and Toronto, though he started his banking career as management associate in credit risk management in Citibank Hong Kong.
Benjamin holds Master’s degrees in Financial Engineering and Business Administration, and the designations of Sustainability & Climate Risk (SCR) Certificate, CFA, FRM, CPA and CGA.
11:30 – 11:50
Disclosure and reporting for ESG – what else needs to be disclosed and reported?
Prof. Roy Ling is the CEO & Founder of FollowTrade. Concurrently, he is also an Adjunct Professor in Finance at the SKEMA Business School, an Academic Program Director at SMU Academy and an Independent Board Director on several listed companies in Asia.
Prof. Ling is a seasoned veteran with more than 20 years in investment banking with JPMorgan, Lehman Brothers, Goldman Sachs and Salomon Smith Barney. His expertise is in digital finance, sustainable investing and Asia real estate, and he had completed some of the highest-profile advisory and capital market transactions in the region. Prof. Ling is also a distinguished board director with more than 16 years of corporate governance experience across Asia. He was honored as the Real Estate Executive of the Year 2016 by Singapore Business Review, and as one of 20 Rising Stars in Real Estate 2008 by Institutional Investor.
Prof. Ling graduated from INSEAD with a Global EMBA and from the National University of Singapore with a BBA (Hons).
Evolved from an Institutional Investor magazine-ranked Investment Strategist to Head of Sustainability at Vulpes, a Family Office-backed investment management firm. I have a passion for integrating sustainability into the investment process to achieve necessary and impactful environmental, societal and financial outcomes.
My shift to Sustainability accelerated in recent years, including designing and developing research approaches and shaping corporate strategy. My prior role was as the first Head of Sustainability at Maybank Kim Eng and member of the parent Maybank’s first Group Sustainability Council.
My investment approach is to incorporate both macro and micro factors with emphasis on data and rigorous process. I have built and managed ranked sell-side research teams across multiple countries.
This buy- and sell-side investment experience, across all asset classes and geographies, has provided a unique foundation for my current role. In the past, I have been Merrill Lynch’s Global Sector Strategist, the Global investment strategist at NewSmith’s macro hedge fund and also completed a consulting project on sub-Saharan Africa for Standard Bank.
I have worked in New York, London, Hong Kong (where I grew up) and am now based in Singapore.
Prashant has 18 years experience in Asia, Europe & the US in financial services regulatory affairs and reforms with an increasing focus on sustainability and ESG. He has worked on assessing the business impacts of emerging ESG and sustainable finance related regulation and standards as well as analysing how markets consequently develop, fragment, and the obligations on multiple industry actors. Prashant has represented on multiple industry bodies including the ASIFMA Sustainable Finance Committee, ISDA ESG Working Group, and the ASIFMA-ISDA Public Policy Committee.
Prashant holds the Global Association of Risk Practitioners (GARP) Sustainability & Climate Risk certification, the Cambridge Sustainability Essentials Qualification, TCFD and Climate Disclosures Standard Board qualifications on climate related financial disclosures, TCFD recommendations, governance of climate related risks, and management of financial risk from climate change, as well as the Asian Development Bank’s Governing Sustainable Finance and Role of Central Banks and Authorities in Governing Sustainable Finance course.
11:50 – 12:25
Climate risk/ESG roundtables
- Climate risk stress testing and credit decisioning
- Climate risk scenario analysis
- Managing second line ESG risks in asset managers
- Rapid growth and need of green / sustainability talents
- Climate Risk and ESG integration within investment management
As an ESG subject matter expert, I support Eastspring's second line risk and compliance functions by providing guidance on ESG regulations and industry best practices; as well as evaluate Eastspring's enterprise ESG risk exposures and develop mitigating controls.
Krishan is the Regional Head of Investment Risk and Analytical Services (IRAS) in Asia, a role he moved into in 2020. He joined the Northern Trust London IRAS team in 2014 as a Performance Analyst working with many distinguished and strategic clients. He subsequently moved into management and has overseen various teams within the division focusing on both the Asset Manager and Asset Owner client base. Krishan is currently based in Singapore.
Krishan and his team are currently responsible for all the clients based in Asia that subscribe to the IRAS services which includes Performance, Risk, Compliance Monitoring and ESG Analytics. Krishan is also responsible for evolving the service so that our clients are able to take full advantage of all the analytics capabilities on offer.
Prior to working at Northern Trust, Krishan worked at StatPro, where he specialised in Performance and Risk analytics.
Krishan holds a Bachelor’s Degree in Mathematics from King’s College London.
Prerna Divecha
Global lead, market strategy and development, climate-linked credit and risk solutions
S&P Global Market Intelligence
Prerna leads the global market strategy for our Climate and ESG-linked Credit & Risk Solutions. She joined S&P Global Market Intelligence in May 2017 as a Director in the Product Specialist team for Credit Risk Solutions, leading efforts in South East Asia and Japan.
Previously she was at Fitch Ratings where she was part of the Business and Relationship Management team in Singapore managing new business initiatives for the corporate ratings business. Prior to that, she spent 2 years at Standard Chartered on the debt markets desk, where she assisted Indian corporates in issuing debt in G3 and select Asian currencies, such as SGD and JPY. She also spent 7 years in J.P. Morgan’s investment banking team, covering financial institution clients in India. Prerna is a certified Chartered Accountant from India.
Experienced sustainability professional and strategic planner.
Two things that Winnie does now for work: (i) Bringing to life the corporate sustainability strategy in Asia, and
(ii) evaluating how to manage the downside and opportunities of ESG.
Other fun things Winnie does, or used to do, at work - Strategic communications, sponsorship management and activation, Brand management and governance and Crisis management.
Who she is at work - Team player and Problem-solver. I see patterns and trends, and devise plans based on insights.
Who she is as a person - An avid reader who loves new experiences, the great outdoors and anything related to F&B.
All comments made here are personal and not representative of her employer.
12:25 – 12:30
Climate risk/ESG roundtable insights
12:30 – 13:30
Networking lunch
08:00 – 09:00
Registration
09:00 – 09:05
Chairperson's opening remarks
09:05 – 09:35
Risk inventory: What are the lessons learnt in 2023?
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What were the major specific challenges that were tackled in 2023?
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How were the challenges navigated and issues resolved?
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What could have been done differently?
Sanjay Guglani is the Founder of The Silverdale Group, Director & Chief Investment Officer of Silverdale Fund VCC, and Director & Chief Executive Officer of Silverdale Capital Pte Ltd.
Sanjay has over 30 years of investment experience managing over a billion-dollars across a dozen funds, inter alia: Silverdale Bond Fund, Silverdale Asia Bond Fund, Silverdale Fixed Maturity Funds, and Silverdale Multi-Strategy Fund.
Earlier, as Managing Director of Silverdale UK, his firm channelized over US$ 4 billion of investments into emerging markets, including in joint venture with Goldman Sachs, Morgan Stanley, and Lehman Brothers.
Investing is a passion for Sanjay, and he has been a frequent guest lecturer at various business schools in UK, India, and Singapore. His expert opinions are widely sought by media, from The Wall Street Journal to Economic Times India, The Straits Times Singapore to The Yield Report Australia, from CNBC to ET Now. He has delivered presentations at several forums, including at the United Nations.
By qualification, Sanjay is a Chartered Accountant, Management Accountant, Company Secretary, and Sloan Fellow of Management from the London Business School (as British Chevening Scholar).
- Part of leadership team at CRISIL's Global Research and Risk Solutions business
- Heading CRISIL's risk and quant modelling practice in UK/Europe and APAC regions. Responsible for the strong growth of the practice in these regions.
- Experienced professional in quant, analytics, and risk management areas
- Heading a team of 100+ strong quantitative and analytics professionals working on various engagements in the areas of model development, documentation, validation and implementation, quantitative technology, regulatory (CCAR, EBA, PRA, ICAAP, FINMA) stress testing, BASEL implementation, FRTB and IBOR transition implementation
- Presented at conferences & webinars and co-authored white papers on stress testing and FRTB
- Strong experience in recruiting and building strategic talent for the practice
Shivkumar Mahadevan
Chief risk officer, corporate, commercial & institutional banking
Standard Chartered Bank
Shiv is currently the Chief Risk Officer, CCIB at Standard Chartered Bank (SCB); with overall risk responsibility for Corporate, Commercial & Institutional Banking (CCIB) clients across all geographies.
Shiv chair’s SCB's CCIB Risk Committee which oversees all the risks associated with the CCIB business (i.e. both financial and nonfinancial risks) and is also part of the Group Risk Management Team, Remuneration Forum, Underwriting Committee & Investment Committee. He is responsible for risk managing a portfolio of over USD 500 billion spanning across 65 countries, managed via a team of over 500 Risk Officers. Besides exercising direct control responsibility for Credit Risk and Market Risk profile of the Group, he is extensively involved in maintaining alignment with risk appetite by rebalancing risks or controls that may be required in response to internal and external factors.
Prior to this, he was the Regional Chief Risk Officer (RCRO), ASEAN & South Asia, at SCB and responsible for all risk types for the region. Before the RCRO role, Shiv was Senior Regional Credit Officer (SRCO), Asia; providing credit risk oversight for all Corporate, Institutional & Commercial clients across Asia. He has also been the Head of Credit Risk - Specialized Finance, Funds and Traded Products, where he was responsible for providing global credit risk oversight covering all Financial Markets products, Acquisition Finance, Project & Export Finance, Aviation & Shipping Finance and Structured Finance.
Shiv has been in the financial services industry for over 28 years, of which the last 23 years have been with SCB where he has held various senior Risk roles across Singapore, Hong Kong, Dubai and Mumbai – covering multiple geographies around the world. Before joining the financial services industry, Shiv worked for 3 years with Tata Motors, India.
Shiv holds a degree in Electrical Engineering and a Post Graduate Diploma in Financial Management (PGDM) from Indian Institute of Management (IIM), Bangalore.
He is passionate about mentoring and coaching talent. He also occasionally goes in as a guest speaker at the Singapore Management University and was recently a Panellist at the “RiskMinds” Conference. Shiv is a Member of SCB's Global Diversity & Inclusion Council and leads the initiative for the Risk Function. Corporate Treasurer awarded Shiv for the best approval turnaround times for Cash Management Services for the year CY2014. He was also awarded the Leading Risk Practitioner by the Asian Banker in 2015 and was conferred the IBF Fellow in 2016 by the Institute of Banking & Finance, Singapore.
Nishank is a Managing Director & the Chief Risk Officer of UBS Singapore and also head of credit for Structured Lending. He has over 20+ years of experience in risk management and prior to joining UBS, he was with Credit Suisse (CS) for 10 years where he was a Managing Director and Regional Head of Credit Risk for both Investment Banking and Wealth Management businesses for South Asia, South East Asia and Australia / New Zealand; and also APAC Head of Credit Risk for Real Estate, Securitization and Leveraged Finance. Prior to CS, Nishank was with Deutsche Bank for 7 years in Credit and Risk Management, where in his last role he was in-charge of credit risk for the Structured Lending, Principal Finance and Distressed Debt trading businesses in APAC.
09:35 – 10:05
Holistic overview of the derivatives markets within Asia Pacific
- What is the current landscape of derivatives trading across Asia Pacific?
- How has regulatory drivers affected the derivatives market?
- How to drive margin, capital, and operational efficiencies in the world of derivatives?
- Outlook of derivatives for the next 5 years
Alexandre looks after the definition, positioning and go-to-market strategy of Murex product solutions with a focus on Risk Management and Regulatory Transformation. His most recent work centers on the implementation of the bilateral Initial Margin and Basel III capital reforms, and on XVA desks operating models. Alexandre also co-heads the Murex task force on the Interest Rates Benchmark Reform.
Since joining Murex in 2000, Alexandre has held both senior client-facing and product management positions, last serving as global head of the Risk Control practice and general manager for Murex Ireland, where he drove the development of the MX.III XVA management solution and Credit Risk simulation engine.
Alexandre holds a « Grande École » MSc in Management and Finance from HEC Paris.
Jacky Mak
Managing director, head of fixed income & currency product development, markets division
HKEX
Jacky Mak has more than 20 years of experience in financial services and consulting. His roles have included chief financial officer of the Hong Kong and Taiwan branch of Societe Generale's corporate and investment banking unit and director, OTC product development of HSBC's global banking and markets group in Hong Kong. Before joining HKEX, he was a Hong Kong-based director in Bank of America Merrill Lynch's global markets division.
In addition to an undergraduate degree in computer science from the Hong Kong University of Science and Technology (HKUST), Mr Mak has an MBA and a Master's degree in investment management from HKUST. He also has completed the advanced management programme of French graduate business school INSEAD.
Terence Tay heads the North Asia Cluster for OCBC, leading the hub and spoke trading teams focusing on FX and Rates businesses in the markets of China, Taiwan, HK, Korea and UK. He has spent more than three decades in the financial industry doing a trading function. He is an experienced Foreign Exchange, Interest Rate derivatives and Fixed Income trading manager with expertise in Asian emerging markets. He was also part of the team that formulated and created SGD Overnight Index Swap to the Singapore marketplace. He transacted the first SGD Overnight Index Swap in Singapore in 2000.
Having worked in various major financial institutions, in the areas of G7 Money markets and Short-Term Interest Rate Trading and now the Asian Local FIC marketplace, he has a wide spectrum of exposure in experiencing the ever-changing marketplace and landscape. He has also spent considerable time being seconded to Korea and Hong Kong to trade the local markets. Currently, outside of trading, he is involved in the SFEMC Indicative Survey committee, Financial Markets Regulatory Practice (FMRP) Examination Board and ASIFMA (Asia Securities Industry & Financial Markets Association) China Capital Markets committee.
Outside of the workspace, Terence is an avid oenophile who enjoys quiet moments of wine appreciation while undertaking the learnings of doing aquascaping and aquaponics.
He holds a MBA (Finance) from the University of Hull and is an alma mater of the School of Business Administration in the National University of Singapore.
Rohit Verma is Head of Asia Pacific at LCH, responsible for managing operations and sales to drive LCH’s continued expansion in the region.
Rohit has over 20 years’ experience in the derivatives, prime brokerage and risk management space. Before joining LCH in 2021, he spent nine years in senior strategic roles at Citi, including Head of Clearing and FX Prime Brokerage in APAC. During his tenure, Rohit also represented Citi at various Asian exchange risk committees and workgroups. Prior to this, he was Deutsche Bank’s APAC Head of Risk Management, overseeing market and counterparty risk management for their asset management business.
Rohit holds an MBA in Finance from the National University of Singapore and is FRM certified.
10:05 – 10:30
Libor transition - how have SOFR markets developed & the outlook for Asian rates markets
- USD Libor transition - evolution of activity in listed markets
- Term SOFR - what is the current state of play
- Margin optimization in the higher rates regime - portfolio margining
- Overview of the rates market in Asia & outlook for 2024 and beyond
Based out of Singapore, Mitul Kotecha was a TD Securities Senior Emerging Markets Strategist with a wealth of experience. His career as a strategist and economist extends over 25 years and across offices in London, Hong Kong, and Singapore. Prior to joining TD Securities, Mitul held the position of Head of FX and Rates Strategy for Asia-Pacific at Barclays, and prior to that, served as Head of Global FX Strategy and Head of Asia Research at Credit Agricole CIB.
Mitul has developed strong client relationships across the region focusing on Asian macro strategy and global emerging markets. His coverage of financial products spans bonds, interest rates, equities, and foreign exchange. Mitul has been highly ranked in various FX research and forecasting polls including FX Week, Bloomberg, Reuters, and Asiamoney.
He is a frequent speaker at various economic and financial global conferences, is regularly consulted by the media for views on markets and economies, has given a TEDX talk, and authored the book “Chronology Of A Crisis.” Mitul has appeared on business channels such as CNBC and Bloomberg TV and is regularly quoted in the Financial Times, Wall Street Journal, Reuters, Bloomberg, Associated Press, and Dow Jones.
Mitul holds a Masters of Science Degree in Economics and Finance from the University of Warwick and an Honours Degree in Economics.
Ravi Pandit is executive director, foreign exchange and interest rate products, Asia-Pacific at CME Group, and is responsible for expanding its existing FX and interest rate business and developing new opportunities across the region. He joined CME Group in August 2015 and he has 25 years' experience in the financial markets. Prior to joining CME Group, Pandit was a consultant to Singapore Exchange, where he provided strategic advice and project management for its launch of listed FX futures. Before that, he worked for 12 years in Dresdner Bank and subsequently Commerzbank, where he headed up the local markets trading team and helped build its Asian presence in interest rate and FX derivatives trading. Pandit also worked in various trading roles at Barclays, and in operations and technology at Citibank.
10:30 – 11:00
Networking break
11:00 – 11:30
Development and sophistication of the derivatives market
Deep dive
- What are the latest offerings within the derivatives market?
- Does the derivatives market need to be rebalanced?
- Running into liquidity concerns for different products
- What needs to change within the derivatives market?
Kevin is Partner & COO of Pilgrim Partners Asia (Pte.) Ltd and approaches nearly 3 decades of experience in Banking & Finance.
He was former Head of Asian Sovereign Wealth in ABN AMRO Asset Management, SVP-Head of Wealth Management Advisory at HSBC, and operated quantitative strategies in a sub-billion-dollar AUM middle eastern family office. A former SIMEX Nikkei 225 Floor trader, he started his trading career in Citibank N.A. Treasury Services.
He has taught portfolio, wealth, AML and treasury management courses in SMU, TABF (Taiwan), Shanghai Jiao Tong, Beijing Tsinghua and Chiangmai University. He has also appeared in MoneyFM 89.3 radio and has been a regular conference speaker on investment strategies, portfolio management and AML/terrorist funding typologies.
Today he continues to serve in various Executive or Board roles in a Singapore private hospital, a healthcare fund, a non-profit cybersecurity institute and is responsible for 300,000 lives as Head of the security & safety council of a large religious organisation, amongst other roles.
He has an MSc in Finance from CUNY (Zicklin) and is a Doctoral candidate in International Political Economy at Rangsit University, Thailand.
Over 30 years’ experience trading all asset classes of Listed Derivatives. I started my career on the LIFFE floor, before relocating to Asia 25 years ago to trade on SIMEX, transitioning to broader roles initially for Barclays with stints in both Singapore and Hong Kong. I have spent the last 13 years with Deutsche Singapore, overseeing the Asia Listed Derivatives offering, covering high touch voice trading through to low touch electronic execution.
Leo Tay is Managing Director and Head of FX, Rates, and Derivatives Trading in ING Bank NV, based in Singapore. He manages a diverse and inclusive trading team across Asia, and is also responsible for eTrading and digital asset initiatives. In a broader capacity he is the Lead of Sustainability FM Products, championing the integration of ESG principles into financial market offerings. Leo holds an MSc In Financial Mathematics from the Technische Universitat Kaiserslautern, Germany and BS/BA from the Ateneo de Manila University, Philippines.
11:30 – 11:50
Trends and opportunities within clearing and collateral management in Asia Pacific
Hai Jade Fuan
Executive director, head of product commercialisation, financing and securities services
Standard Chartered Bank
Noel is the Global Head of Repo Trading and Collateral Optimisation (XVA) within the Markets Division of Australia and New Zealand Banking Group (ANZ) based in Singapore.
With 20 years experience in trading across a number of asset classes including Repo, Bonds, Derivatives and FX, he is currently responsible for a team managing Repo Trading across markets in Australia, Asia, Europe and America. He is also responsible for managing and optimizing the bank’s global collateral across bilateral, centrally cleared and exchange margin.
Prior to joining ANZ in Singapore, Noel previously worked for a European Bank based in Dublin and London. There he had a number of roles mostly as a Derivative Trader with a focus on structured derivatives as well as Asset Liability Management.
Noel holds a PhD in Theoretical & Computational Physics from Queens University Belfast with several published papers. Prior to this Noel also obtained a Master’s Degree in Mathematics from Queen’s and more recently completed another Masters in Applied Finance at SMU in Singapore.
Keeve has been with OCBC since 2018 and is currently the Managing Director, Greater China and North Asia at Bank of Singapore.
Prior to his appointment at Bank of Singapore - the Private Banking arm of OCBC group, Keeve was Head of Futures, FX & CFD for OCBC Securities. There he looked after about 40 people over the three business lines, where he oversaw the growth and development of the cleared Futures, OTC FX and Contract for Differences (CFD) businesses.
Prior to joining OCBC, he was the Director of Sales at UOB Global Markets, looking after the global Business Development of listed derivatives and OTC clearing for UOB. Keeve was before that, a trader in proprietary trading firms, heading market-making desks and algorithmic trading desks. His buy-side experience coupled with his current role in the sell-side gives him a wholesome view of the industry and its developments.
Keeve is married and has a daughter. He holds a BSc with honors from the Nanyang Technological University (NTU) and graduated with an MBA on the Dean's List from the Singapore Management University (SMU). He has completed his Executive Education at INSEAD and most recently obtained a MSc of Wealth Management (Dean’s List) from the Singapore Management University (SMU).
11:50 – 12:25
Derivatives roundtables
- Clearing
- Collateral optimization
- Regulatory drivers
- Electronification of derivatives trading
Keeve has been with OCBC since 2018 and is currently the Managing Director, Greater China and North Asia at Bank of Singapore.
Prior to his appointment at Bank of Singapore - the Private Banking arm of OCBC group, Keeve was Head of Futures, FX & CFD for OCBC Securities. There he looked after about 40 people over the three business lines, where he oversaw the growth and development of the cleared Futures, OTC FX and Contract for Differences (CFD) businesses.
Prior to joining OCBC, he was the Director of Sales at UOB Global Markets, looking after the global Business Development of listed derivatives and OTC clearing for UOB. Keeve was before that, a trader in proprietary trading firms, heading market-making desks and algorithmic trading desks. His buy-side experience coupled with his current role in the sell-side gives him a wholesome view of the industry and its developments.
Keeve is married and has a daughter. He holds a BSc with honors from the Nanyang Technological University (NTU) and graduated with an MBA on the Dean's List from the Singapore Management University (SMU). He has completed his Executive Education at INSEAD and most recently obtained a MSc of Wealth Management (Dean’s List) from the Singapore Management University (SMU).
David James Brown, APAC head of collateral services, BNP Paribas Securities Services
David has over 20 years' experience in the Global financial markets working in London, New York, Hong Kong and Singapore.
David has held roles across a wide spectrum of products including securities lending, repo, OTC derivatives and prime brokerage, at a range of international banks such as Barclays, JPMorgan and UBS.
In 2009, David joined BNY Mellon Hong Kong as business development manager for tri-party collateral management and OTC derivatives services, relocating to Singapore in 2013 to focus on developing the South East Asian and Australian markets.
David is currently the APAC head of collateral services, BNP Paribas Securities Services.
Arjen Gaasbeek is Managing Director of for Verition Advisors (Singapore) Pte. Ltd., and member of the Arbitrage team. Verition is a US headquartered multi-strategy, multi-manager hedge fund with more than USD 7.5billion under management. Previously Arjen was Managing Director for Flow Traders Asia and has also worked for Celera family office, Ingensoma, ABN Amro and Optiver. Verition focuses on global investment strategies including global credit, global convertible arbitrage, volatility and capital structure arbitrage, event driven investing, equity long/short and capital markets trading as well as quantitative trading
Masters of Business Administration, Australian Institution of Business. Abdullah is currently Managing Director, Head of Global Markets APAC for First Abu Dhabi Bank (FAB) and is responsible for delivering the APAC Global Markets strategy. As a member of the Global Markets Executive Committee, Abdullah leads a team of senior Global Markets professionals across the APAC network and footprint. He is also responsible for the delivery and oversight of the governance, regulatory and compliance framework for APAC Global Markets, as well as a member of the Singapore Exco Management Team. Abdullah began his career in Financial Services 28 years ago in a variety of roles covering commercial to institutional banking before joining Global Markets 23 years ago. Through his leadership he has been responsible for cross-asset Sales, Trading and Liquidity Management businesses in Australia, New Zealand and Asia. His leadership around customer solutions has cultivated high performance cultures in businesses has led over the years. Prior to joining FAB, Abdullah was with Westpac Banking Corporation (Westpac) both across Australia and Asia, where he held the most recent position as Co-Head of Financial Markets and Head of Corporate Solutions, Asia. His leadership credentials extended to representing Westpac on the Asia Securities Industry & Financial Markets Association (ASIFMA), as a board member. Abdullah holds an MBA and a Graduate Diploma in Management from the Australian Institute of Business.
12:25 – 12:30
Derivatives roundtable insights
12:30 – 13:30
Networking lunch
08:00 – 09:00
Registration
09:00 – 09:05
Chairperson's opening remarks
Jeffrey Yap
Managing director, head of investments and wealth solutions, Southeast Asia
HSBC Global Private Banking and Wealth
Jeffrey heads the Investments and Wealth Solutions (IWS) teams for Southeast Asia at HSBC Global Private Banking and Wealth. In this role, he is responsible for the delivery of investments, products, platforms, wealth advisory and solutions for the whole wealth continuum of Global Private Banking and Wealth in Southeast Asia.
Jeffrey is a well-recognised investment professional in Asia with over 27 years of experience in global financial markets across multiple products and asset classes. He has built and managed investments, research, trading, product and advisory teams for global financial institutions including hedge funds, global markets, private banks and wealth management.
Jeffrey has a deep understanding of the trading, investments, products, technology platform and risk management of various asset classes. He is unique among financial professionals in Asia with his breadth of experience ranging from equities, fixed income, FX, commodities, credit, derivatives to alternatives investments. Furthermore, his strong business acumen, mentoring and leadership experiences have enabled him to build strong businesses and manage successful teams regionally.
Prior to joining HSBC, Jeffrey worked as Managing Director in PAG, one of Asia’s largest alternative investment firms and was responsible for the firm’s public fixed income investments. Prior to that, he was Chief Investment Officer of Ark One as well as Managing Director and Head of Fixed Income Trading - Asia for Mizuho Securities.
09:05 – 09:35
Risk inventory: What are the lessons learnt in 2023?
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What were the major specific challenges that were tackled in 2023?
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How were the challenges navigated and issues resolved?
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What could have been done differently?
Sanjay Guglani is the Founder of The Silverdale Group, Director & Chief Investment Officer of Silverdale Fund VCC, and Director & Chief Executive Officer of Silverdale Capital Pte Ltd.
Sanjay has over 30 years of investment experience managing over a billion-dollars across a dozen funds, inter alia: Silverdale Bond Fund, Silverdale Asia Bond Fund, Silverdale Fixed Maturity Funds, and Silverdale Multi-Strategy Fund.
Earlier, as Managing Director of Silverdale UK, his firm channelized over US$ 4 billion of investments into emerging markets, including in joint venture with Goldman Sachs, Morgan Stanley, and Lehman Brothers.
Investing is a passion for Sanjay, and he has been a frequent guest lecturer at various business schools in UK, India, and Singapore. His expert opinions are widely sought by media, from The Wall Street Journal to Economic Times India, The Straits Times Singapore to The Yield Report Australia, from CNBC to ET Now. He has delivered presentations at several forums, including at the United Nations.
By qualification, Sanjay is a Chartered Accountant, Management Accountant, Company Secretary, and Sloan Fellow of Management from the London Business School (as British Chevening Scholar).
- Part of leadership team at CRISIL's Global Research and Risk Solutions business
- Heading CRISIL's risk and quant modelling practice in UK/Europe and APAC regions. Responsible for the strong growth of the practice in these regions.
- Experienced professional in quant, analytics, and risk management areas
- Heading a team of 100+ strong quantitative and analytics professionals working on various engagements in the areas of model development, documentation, validation and implementation, quantitative technology, regulatory (CCAR, EBA, PRA, ICAAP, FINMA) stress testing, BASEL implementation, FRTB and IBOR transition implementation
- Presented at conferences & webinars and co-authored white papers on stress testing and FRTB
- Strong experience in recruiting and building strategic talent for the practice
Shivkumar Mahadevan
Chief risk officer, corporate, commercial & institutional banking
Standard Chartered Bank
Shiv is currently the Chief Risk Officer, CCIB at Standard Chartered Bank (SCB); with overall risk responsibility for Corporate, Commercial & Institutional Banking (CCIB) clients across all geographies.
Shiv chair’s SCB's CCIB Risk Committee which oversees all the risks associated with the CCIB business (i.e. both financial and nonfinancial risks) and is also part of the Group Risk Management Team, Remuneration Forum, Underwriting Committee & Investment Committee. He is responsible for risk managing a portfolio of over USD 500 billion spanning across 65 countries, managed via a team of over 500 Risk Officers. Besides exercising direct control responsibility for Credit Risk and Market Risk profile of the Group, he is extensively involved in maintaining alignment with risk appetite by rebalancing risks or controls that may be required in response to internal and external factors.
Prior to this, he was the Regional Chief Risk Officer (RCRO), ASEAN & South Asia, at SCB and responsible for all risk types for the region. Before the RCRO role, Shiv was Senior Regional Credit Officer (SRCO), Asia; providing credit risk oversight for all Corporate, Institutional & Commercial clients across Asia. He has also been the Head of Credit Risk - Specialized Finance, Funds and Traded Products, where he was responsible for providing global credit risk oversight covering all Financial Markets products, Acquisition Finance, Project & Export Finance, Aviation & Shipping Finance and Structured Finance.
Shiv has been in the financial services industry for over 28 years, of which the last 23 years have been with SCB where he has held various senior Risk roles across Singapore, Hong Kong, Dubai and Mumbai – covering multiple geographies around the world. Before joining the financial services industry, Shiv worked for 3 years with Tata Motors, India.
Shiv holds a degree in Electrical Engineering and a Post Graduate Diploma in Financial Management (PGDM) from Indian Institute of Management (IIM), Bangalore.
He is passionate about mentoring and coaching talent. He also occasionally goes in as a guest speaker at the Singapore Management University and was recently a Panellist at the “RiskMinds” Conference. Shiv is a Member of SCB's Global Diversity & Inclusion Council and leads the initiative for the Risk Function. Corporate Treasurer awarded Shiv for the best approval turnaround times for Cash Management Services for the year CY2014. He was also awarded the Leading Risk Practitioner by the Asian Banker in 2015 and was conferred the IBF Fellow in 2016 by the Institute of Banking & Finance, Singapore.
Nishank is a Managing Director & the Chief Risk Officer of UBS Singapore and also head of credit for Structured Lending. He has over 20+ years of experience in risk management and prior to joining UBS, he was with Credit Suisse (CS) for 10 years where he was a Managing Director and Regional Head of Credit Risk for both Investment Banking and Wealth Management businesses for South Asia, South East Asia and Australia / New Zealand; and also APAC Head of Credit Risk for Real Estate, Securitization and Leveraged Finance. Prior to CS, Nishank was with Deutsche Bank for 7 years in Credit and Risk Management, where in his last role he was in-charge of credit risk for the Structured Lending, Principal Finance and Distressed Debt trading businesses in APAC.
09:35 – 10:05
Holistic overview of the derivatives markets within Asia Pacific
- What is the current landscape of derivatives trading across Asia Pacific?
- How has regulatory drivers affected the derivatives market?
- How to drive margin, capital, and operational efficiencies in the world of derivatives?
- Outlook of derivatives for the next 5 years
Alexandre looks after the definition, positioning and go-to-market strategy of Murex product solutions with a focus on Risk Management and Regulatory Transformation. His most recent work centers on the implementation of the bilateral Initial Margin and Basel III capital reforms, and on XVA desks operating models. Alexandre also co-heads the Murex task force on the Interest Rates Benchmark Reform.
Since joining Murex in 2000, Alexandre has held both senior client-facing and product management positions, last serving as global head of the Risk Control practice and general manager for Murex Ireland, where he drove the development of the MX.III XVA management solution and Credit Risk simulation engine.
Alexandre holds a « Grande École » MSc in Management and Finance from HEC Paris.
Jacky Mak
Managing director, head of fixed income & currency product development, markets division
HKEX
Jacky Mak has more than 20 years of experience in financial services and consulting. His roles have included chief financial officer of the Hong Kong and Taiwan branch of Societe Generale's corporate and investment banking unit and director, OTC product development of HSBC's global banking and markets group in Hong Kong. Before joining HKEX, he was a Hong Kong-based director in Bank of America Merrill Lynch's global markets division.
In addition to an undergraduate degree in computer science from the Hong Kong University of Science and Technology (HKUST), Mr Mak has an MBA and a Master's degree in investment management from HKUST. He also has completed the advanced management programme of French graduate business school INSEAD.
Terence Tay heads the North Asia Cluster for OCBC, leading the hub and spoke trading teams focusing on FX and Rates businesses in the markets of China, Taiwan, HK, Korea and UK. He has spent more than three decades in the financial industry doing a trading function. He is an experienced Foreign Exchange, Interest Rate derivatives and Fixed Income trading manager with expertise in Asian emerging markets. He was also part of the team that formulated and created SGD Overnight Index Swap to the Singapore marketplace. He transacted the first SGD Overnight Index Swap in Singapore in 2000.
Having worked in various major financial institutions, in the areas of G7 Money markets and Short-Term Interest Rate Trading and now the Asian Local FIC marketplace, he has a wide spectrum of exposure in experiencing the ever-changing marketplace and landscape. He has also spent considerable time being seconded to Korea and Hong Kong to trade the local markets. Currently, outside of trading, he is involved in the SFEMC Indicative Survey committee, Financial Markets Regulatory Practice (FMRP) Examination Board and ASIFMA (Asia Securities Industry & Financial Markets Association) China Capital Markets committee.
Outside of the workspace, Terence is an avid oenophile who enjoys quiet moments of wine appreciation while undertaking the learnings of doing aquascaping and aquaponics.
He holds a MBA (Finance) from the University of Hull and is an alma mater of the School of Business Administration in the National University of Singapore.
Rohit Verma is Head of Asia Pacific at LCH, responsible for managing operations and sales to drive LCH’s continued expansion in the region.
Rohit has over 20 years’ experience in the derivatives, prime brokerage and risk management space. Before joining LCH in 2021, he spent nine years in senior strategic roles at Citi, including Head of Clearing and FX Prime Brokerage in APAC. During his tenure, Rohit also represented Citi at various Asian exchange risk committees and workgroups. Prior to this, he was Deutsche Bank’s APAC Head of Risk Management, overseeing market and counterparty risk management for their asset management business.
Rohit holds an MBA in Finance from the National University of Singapore and is FRM certified.
10:05 – 10:30
Libor transition - how have SOFR markets developed & the outlook for Asian rates markets
- USD Libor transition - evolution of activity in listed markets
- Term SOFR - what is the current state of play
- Margin optimization in the higher rates regime - portfolio margining
- Overview of the rates market in Asia & outlook for 2024 and beyond
Based out of Singapore, Mitul Kotecha was a TD Securities Senior Emerging Markets Strategist with a wealth of experience. His career as a strategist and economist extends over 25 years and across offices in London, Hong Kong, and Singapore. Prior to joining TD Securities, Mitul held the position of Head of FX and Rates Strategy for Asia-Pacific at Barclays, and prior to that, served as Head of Global FX Strategy and Head of Asia Research at Credit Agricole CIB.
Mitul has developed strong client relationships across the region focusing on Asian macro strategy and global emerging markets. His coverage of financial products spans bonds, interest rates, equities, and foreign exchange. Mitul has been highly ranked in various FX research and forecasting polls including FX Week, Bloomberg, Reuters, and Asiamoney.
He is a frequent speaker at various economic and financial global conferences, is regularly consulted by the media for views on markets and economies, has given a TEDX talk, and authored the book “Chronology Of A Crisis.” Mitul has appeared on business channels such as CNBC and Bloomberg TV and is regularly quoted in the Financial Times, Wall Street Journal, Reuters, Bloomberg, Associated Press, and Dow Jones.
Mitul holds a Masters of Science Degree in Economics and Finance from the University of Warwick and an Honours Degree in Economics.
Ravi Pandit is executive director, foreign exchange and interest rate products, Asia-Pacific at CME Group, and is responsible for expanding its existing FX and interest rate business and developing new opportunities across the region. He joined CME Group in August 2015 and he has 25 years' experience in the financial markets. Prior to joining CME Group, Pandit was a consultant to Singapore Exchange, where he provided strategic advice and project management for its launch of listed FX futures. Before that, he worked for 12 years in Dresdner Bank and subsequently Commerzbank, where he headed up the local markets trading team and helped build its Asian presence in interest rate and FX derivatives trading. Pandit also worked in various trading roles at Barclays, and in operations and technology at Citibank.
10:30 – 11:00
Networking break
11:00 – 11:30
Leveraging scenario analysis to manage balance sheet risk
- Given macroeconomic turbulence and uncertainty in the outlook, strategic business plans and objectives have been under constant reassessment
- Institutions face challenges in responding rapidly to changes due to disjointed and piecemeal approaches to strategic planning and business forecasting
- Leverage an integrated framework to collaborate across multiple stakeholders to increase efficiency, achieve a comprehensive view and enhance decision making
Arjun Dasgupta leads QRM’s Asia-Pacific Client Management Group and is responsible for client relationship management encompassing consulting, client support and implementation. He partners with clients in the region to help them achieve and evolve towards best practices in integrated balance sheet management (BSM) and enterprise risk management (ERM) spanning ALM & Market Risk, Liquidity Risk, Funds Transfer Pricing, Credit Risk and Capital Management. Prior to joining QRM, Arjun held senior roles in Risk Management, Treasury and Finance with leading banking and financial institutions in Singapore and USA. Arjun holds a Bachelor’s degree in Technology from the Indian Institute of Technology, Madras, India and an M.S. in Mathematics, specializing in Computational Finance from Purdue University, USA. He is a CFA charter holder and holds the PRM certification.
11:30 – 12:00
Navigating credit and market risks in tumultuous times
Deep dive
- How have the Feds decisions impacted Asian markets?
- What will be the implication of Asia’s response to the pandemic on the economy for the next 5 years?
- How to navigate the regulatory environment and need for higher capital requirements?
- Is there a new approach we can take for both credit and market risk?
I have over 15 years of banking experience in both front office Trading and Risk management. I have worked on a wide range of asset classes – IR, FX, Options, xVA, etc. – and in different geography - Madrid, HK, NY and Singapore. In my current position at ANZ, I oversee xVA risk, Counterparty Credit risk and Regulatory capital for Markets. I have a double degree in Industrial engineering from the Madrid Polytechnic University and the Polytechnic Institute of Grenoble, and a master in Finance.
Michelle Cheong
Head of business and content strategy, credit & risk solutions, APAC
S&P Global Market Intelligence
Michelle P. Cheong is Head of Business and Content Strategy for Credit & Risk Solutions, APAC. Additionally, she leads global thought leadership on Credit Solutions data, driving digital and quant use cases for credit risk data delivered over desktop, bulk feed, cloud and API platforms. Prior to this, she was global head of Product Development on RatingsXpress’ enterprise data products. Before joining S&P Global, Michelle worked at Goldman Sachs, Blackrock and State Street as portfolio manager and risk researcher. She holds a B.A. in Mathematics and Economics and a Masters in Engineering from Cornell University, and ABD-Ph.D. in Finance from Nanyang Business School, Singapore.
Cathryn is currently Executive Director, heading the team of Collateral Risk Management in Bank of Singapore since Aug 2020.
She has previously worked in a number of roles across the area of market, credit, counterparty and model risk as well as model validation and risk analytics in DBS, Standard Chartered Bank, ABN AMRO Clearing Bank, as Rio Tinto Commercial.
Her knowledge and expertise covers the methodology, data modelling and system integration and operationzation for margin lending and portfolio haircut and risk management.
She is certifed CFA, FRM and She holds PhD of Economics from Nanyang Technological University
Brian has built up a career of close to 30 years in financial risk management through AIG, Citi, BNP Paribas and DBS covering market and liquidity risk, model risk management, ALM and regulatory reform requirements implementation. He has been sharing his experiences in public conference and academia.
12:00 – 12:30
Credit & treasury risk and balance sheet management roundtables
- Credit models
- FRTB IMA
- Liquidity risk management
- Decoupling vs diversification
Wee Beng is an accomplished banking and finance analytics professional with in-depth expertise in Treasury and Liquidity Risk Management. He currently works at Maybank Singapore as Head of Non Traded Risk where he has oversight on Balance Sheet and Liquidity Risk Management. Prior to joining Maybank, Wee Beng worked at different global consultancies where he help Financial Services clients on transformative treasury and analytics projects.
Brian has built up a career of close to 30 years in financial risk management through AIG, Citi, BNP Paribas and DBS covering market and liquidity risk, model risk management, ALM and regulatory reform requirements implementation. He has been sharing his experiences in public conference and academia.
Dr. Tey is the Head of Group IFRS 9 and Singapore Credit Risk model validation in Maybank. He is also responsible for providing technical guidance on matters including IFRS 9, IRB Credit Risk, ICAAP, model risk and AI/ML.
Prior to joining Maybank in 2017, Dr. Tey was a Director and ASEAN Credit Risk Lead as part of Financial Risk Management (FRM) advisory practice in KPMG Singapore. He has supported the growth of Advisory businesses around Financial Services and Financial Risk Management (FRM) in ASEAN region and, as regional Subject Matter Expert, specifically take on an active leadership role in growing risk-related services.
Dr. Tey held other risk-related and modelling roles in UOB and Bank Negara Malaysia.
Dr. Tey has over 17 years of experience in risk management and modelling across Asia. He holds PhD and Bachelor in Electronic Engineering degrees from the University of Sheffield, UK.
Jens Toepfer
Head of risk & portfolio management TF&L lending & lending risk management, APAC
Deutsche Bank
Jens joined Lloyds Banking Corporate Markets in July 2019 as Chief Risk Officer for Asia, overseeing Credit, Conduct, Compliance & Operational Risk. He has over 20 years of experience in banking primarily in Risk & Portfolio Management roles. After completing his banking apprenticeship at Deutsche Bank in Germany in 1996, he started as a Relationship Manager in SME Banking before switching to a role as Credit Officer in Austria. Having transferred to London in 2002, Jens was involved in various global projects ranging from risk policies to automated sanctioning systems. In 2004, he relocated to New York to assume a position as Senior Credit Analyst covering a portfolio of Corporates and FIs in Latin America. After returning to London in 2006 to help establishing a new credit portfolio management function, Jens ultimately became Regional Head of Portfolio Management Europe, where he was responsible for credit portfolio strategy and risk appetite adherence across all asset classes.
Having subsequently worked at Royal Bank of Scotland as Senior Credit Underwriter covering Risk Solutions & Structured Derivatives CEEMEA, Jens re-joined Deutsche Bank in 2012 as Head of Risk & Portfolio Management, Transaction Banking for Asia Pacific, and relocated to Singapore.
There he was responsible to optimise balance sheet resources ensuring adequate risk & return metrics across Trade Finance, Lending and Cash Management. Jens is a CFA® charterholder and Certified FRM. He is fluent in German, English and Spanish.
12:30 – 13:30
Networking lunch
Afternoon sessions
13:30 – 13:55
What are the trading challenges and opportunities in 2023?
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Adjusting to the current market environment
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Hedging risks as a trader with volatile markets
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Utilising technology to find best prices
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Where will traders find the greatest opportunities in 2024?
Simon Nursey is the Head of Derivatives at QCP Capital, a global crypto trading firm and market maker in options, where he oversees the trading and risk management of the company’s options trading desk. One of the first financial professionals to trade and bring structured products to Asia, he has over 20 years of experience in trading developing markets and building high performance trading teams. Always in search of the ‘trading edge’, he believes that excellence comes from leveraging a diversity of talent and competition. Prior to joining QCP Capital, he was the Asia Head of FX Options Trading in Standard Chartered and Global Head at BNP Paribas. Over the years, he has built trading businesses that have generated billions in revenue. He also previously ran Digital Vega in Asia Pacific, an options ECN. Simon has pioneered highly complex and innovative offerings in the industry, such as risk management systems, pricing models, products and algorithms, including a successful machine learning volatility trading strategy. He has also navigated some of the largest derivative books through various market crashes and crises. He graduated in Computer Science from Cambridge University and is an adjunct lecturer at the National University of Singapore where he teaches a graduate level course on financial engineering annually. In his free time, he is an active sailor and cyclist.
"Financial Markets Professional with 10 years international experience in trading, risk and treasury management. In charge of Partner Group's Asia-Pacific Multi-Asset Execution Trading and currently reviewing the group's TCA capabilities."
13:55 – 14:25
The critical impacts of technology on operations
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The journey and process of digitalisation – where are we as APAC?
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How to help the organisation buy-in to change technology brings?
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Offsetting risks of technology on day-to-day operations
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Innovations happening for operations – where are the next steps?
David has unique experience spanning the full trade lifecycle, execution to ledger. An experienced C-suite executive, David has significant exposure reporting to and working alongside CEOs and other C-suite focussing on strategic direction and operation of firms.
His geographic experience spans London, New York, Hong Kong, Singapore, Moscow and Johannesburg having held senior executive positions in ask these locations. His experience spans established and emerging markets.
Currently based in Singapore he is looking at opportunities to work with businesses focussed on growth and geographical expansion where his strategy and build experience can be leveraged.
Fatema Bookwala
Managing director, chief operating officer, markets & securities services, ASEAN
HSBC Singapore
Fatema Bookwala is the Markets and Securities Services COO at HSBC Singapore with regional responsibilities in ASEAN (TH, MNL, VN). Fatema is a seasoned Front Office COO with 17+ years of Cross-Asset experience in Financial Services industry. Her areas of expertise include Strategy Development and Execution, Transformation, Regulatory Change, Risk Management and Governance as a strong business partner with all business infrastructure areas.
Fatema is a Rank holder Chartered Accountant from The Institute of Chartered Accountants of India and completed Level 3 CFA from CFA Institute Charlottesville.
Fatema is passionate about diversity & inclusion and sustainability initiatives, and is an active member of the Sustainability and Balance Employee Resource Groups at HSBC.
Sage Patel joined IHS Markit (Markit Asia) in March 2011. Before joining IHS Markit, Sage was responsible for Pricing and Valuations at Fitch Solutions. Sage has extensive product and commercial leadership responsibilities across fixed income, derivatives, and structured credit and at tier-one investment banks, starting at Salomon Brothers, Citigroup Global Markets, Bank of America N.A and RBC Capital Markets across London, New York, and Toronto.
Sage has been driving IHS Markit's (now S&P Global Market Intelligence) continued expansion into Asia-Pacific capital markets which will continue to provide optimized solutions and best practices for market reforms adoptions in an ever-changing regulatory landscape in Asia.
Adrian joined Clifford Capital Holdings in August 2019 and oversees the Finance, Treasury, Strategy, Technology, Operations, and COO Office. He has 25 years of diverse international, financial, and operational experience across developed and emerging markets. He is also currently a statutory audit committee member of the Singapore Institute of Directors.
Adrian was with the Jardine Matheson Group prior to joining the firm where he was the Group Finance Director of Jardine Cycle & Carriage Limited in Singapore and Group Treasurer of Jardine Matheson Limited in Hong Kong. Prior to Jardines, Adrian spent a number of years with various global organisations in restructuring, corporate, and investment banking around the world.
Adrian holds a Master of Science in Public Policy and Management from the School of Oriental and African Studies, University of London, Master of Business Administration from the University of Illinois at Urbana-Champaign, Bachelor of Science from Creighton University, and the Executive Diploma in Directorship from the Singapore Institute of Directors. He has also completed the Stanford Executive Program from Stanford University, and the Asian Financial Leaders Program from the Singapore Management University.
14:25 – 15:05
What will be the real use cases of AI?
- Is AI only noise or is there actual substance to the technology?
- Where will we see AI usage grow?
- What are the potential risks to be weary of as AI is being implemented?
- The dream of the use cases of AI
Urvi Guglani is an Investment Researcher at Silverdale Capital, Singapore, where she works on the quant-fundamental research strategy and leads the AI-based ESG initiative.
Prior to joining Silverdale, she worked at PIMCO New York, in their Portfolio Management division for the Total Return, Municipal, and Dynamic Bond Fund strategies. Earlier, she worked at BlackRock San Francisco, in Quantitative Research for their Systematic Fixed Income hedge fund.
Urvi is a Computer Science and Quantitative Economics (Honors) graduate from the University of California, Berkeley.
Simon leads a multi-disciplinary risk analytics team that oversees enterprise-wide risk management models at United Overseas Bank. The team validates a wide range of risks and measurement models. Those models can be used to assess and manage credit, market and balance sheet risks across the bank’s global business.
Prior to joining the bank, Simon held senior corporate positions in technology and finance related companies in areas such as strategic planning, private equity investments and mergers and acquisitions. He has also worked with promising enterprises to assess the potential of their technologies for product commercialization and strategic investment.
Simon holds a PhD in the field of decision control systems from the University of Newcastle- upon-Tyne (UK). He received an IChemE Jubilee prize for his research applying Statistical and Artificial Intelligence Methodologies for on-line fault detection and diagnosis in 1997.
Simon was part of the banks’ Innovation Workgroup member to bring The Finlab to launch and he had been a mentor in The FinLab. He was part of the judging panel in the Global Fintech Hackcelerator. Simon serves as a member in the Product Program Committee and the Alt-Chair person in the Valuation Adjustments working group in the bank.
Marco boasts an illustrious career in sales, analytics, and data solutions. His tenure at Bloomberg in London and Singapore saw him excel in various roles, from spearheading the Sales & Analytics Iberia Team to managing AML & KYC Solutions for Southern Europe and the Netherlands. As the Head of Sales and Account Management EMEA, Marco oversaw a vast team, setting sales objectives and representing the business and solutions at major industry events. Following his tenure at Bloomberg, Marco joined Fenergo as the Sales Director for ASEAN, where he was instrumental in expanding the footprint for KYC/AML solutions in the region.
Marco's expertise, combined with his global experience, positions him as a thought leader in digital analytics, technology and sales.
He currently works as a Director at Moody’s overseeing some of the largest financial institutions in the region, as well as championing Digital & Advanced Analytics.
Xu Luping, is a highly accomplished data scientist leader with OCBC bank, AI Lab.
She started her career with JP Morgan as quantitative analyst, her passion for combining data science with finance led her to delve deeper into the potential applications of AI in risk management, continuously explored innovative ways to integrate AI technologies into credit risk modeling, fraud detection, and stress testing.
15:05 – 15:35
Networking break
15:35 – 16:05
Handling the vast amounts of data as a financial institution
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Where are the data holes for a financial institution?
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What can the business do to monetise the data?
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Are there any other opportunities or ways to use the data?
Frederick is the Managing Director & Head of Financial Institutions at Magnum Research. He is responsible for developing the company’s business-to-business wealth and portfolio solutions under the AQUMON brand. Frederick has over 20 years of experience in the financial industry. He was recently the Executive Director of Asset Management at Haitong International Group leading the HaitongETF business. Prior to that Frederick was the Head of ETFs at ChinaAMC(HK), managing the firm’s ETF franchise and strategies in Hong Kong and overseas. Frederick also worked at a number of global banks including HSBC, Credit Suisse, Societe Generale, as well as Lehman Brothers in the Prime Services and Capital Markets area. He started his career as a futures trader at Refco. Frederick holds a MBA degree from New York Institute of Technology, and received his Bachelor of Arts degree from the University of British Columbia.
Mr. Armin Paul D. Allado serves as the Division Chief of the Risk Management Division of the Philippine Bureau of the Treasury, supervising the risk analytics and monitoring function of the
Philippine National Treasury. He heads the Risk Analytics and Strategy initiative of the Treasury, aimed to bolster the adoption of modern technologies in computational data analytics in investment decision-making and economic forecasting. He also spearheads the financial literacy initiative of the Philippine Bureau of the Treasury to increase retail investor participation in the Treasury bonds market.
He is also a part-time lecturer in Data Analytics and Finance at the Ateneo de Manila University and University of Asia & Pacific. Prior to his current post, he served as Chief Market Strategist for the Fund Management Division and Technical Assistant for the Debt and Risk Management Division of the Philippine Bureau of the Treasury. Paul finished MSc in Finance at the London School of Economics.
Subbaiyan is a RegTech expert in enabling financial institutions to navigate their data and reporting transformation journeys. With a track record of working across more than 10 regulatory jurisdictions, he is skilled at innovating RegTech solutions for various regimes, including MAS, HKMA, APRA, RBI, among others. His vision is to establish industry-standard regulatory solutions that alleviate the compliance burden for financial institutions and helps regulators achieve precise data collection.
16:05 – 16:35
The pulse of Asia Pacific: Trends in operational risk
Polling insights
Risk.net has conducted a survey on the top 10 operational risks across the globe. This session will be a series of polling questions to engage the audience where our global editor and experts on the panel will give insights into the polls and survey findings.
Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Wood had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Wood was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work featuring in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles. Wood has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has won Incisive Media's journalist and editor of the year awards.
Lorena heads Technology Risk.
Lorena offers over 20 years of International experience across 5 continents in shaping and leading Risk and Technology based transformations.
Continuous learner, adaptable and able to forge strong relationships with key decision-makers; becoming a trusted advisor.
Frankie is an award-winning Chief Information Security Officer (CISO) in Financial Industry with two decades experience in Cyber security, risk management, digital transformation and pre-sales consulting.
Based in Singapore, currently he is APAC Regional Information Security Officer in one of global largest Asset Managers in Financial Industry. He was head of cyber & technology Risk (Singapore, Australia and New Zealand) in UBS bank.
He is a frequent keynote speaker about Cybersecurity & Technology in industry forums and perspective on Cybersecurity & Technology has been featured by international media. He is also a digital transformation and innovation catalyst with patent about next generation wireless networking filed as USA patent office as sole inventor.
He is a winner of industry leadership awards including Global Top 100 leaders in Infosec, World CIO 200 Master, CSO30 ASEAN, CIO 100 ASEAN, Asia 200 Digital Leader and ETCIO Transformative CIO.
An internationally recognized financial services expert, Soon Kit offers deep and wide experience accumulated over 15 years in the financial services sector. Bringing a global perspective enriched with grounded experience, he is Head Technology & Operations Risk at Ant Group - Anext Bank. He is formerly Enterprise Resilience Officer at BNY Mellon assuring the firm wide business and operational resilience across multiple lines of business.
Prior to this, he was Risk Vice President of Fullerton Fund Management and Wolters Kluwer’s Asia-Pacific Risk Practice Director guiding regional risk and financial practices for its software clients. At OCBC Bank Group, Soon Kit was managing the risk of Global Treasury, Investment Banking, OCBC Securities and Bank of Singapore. He complements his expertise with international advisory experience garnered at financial software firm Misys / Finastra where he led the risk management teams to solve broader subjects of banking risk with financial firms, banks, regulators in Europe and Asia. Prior to this, Soon Kit provided consulting at Moody’s Analytics.
Recognized for his practical expertise by regional banking conferences and professional media, Soon Kit has contributed many live and case interviews to breaking news developments and industry best practice conferences.
Graduating with honors in Quantitative Finance from the National University of Singapore, he is also a certified Anti-Money Laundering Specialist and an Energy Risk Professional.
16:35 – 16:35
Chairperson's closing remarks
13:30 – 14:00
Mitigating risk to build the best strategy for efficient asset allocation
- Outlining key strategic moves in preparation for looming economic uncertainty
- How to ensure returns despite government monetary fiscal policies
- Is diversification key to manage portfolios?
- Are housing markets in Asia the obvious buy now moves?
Manish Singhai is a seasoned investor, having joined the industry in 1993. Since 2003, he has held Asian CIO and CEO roles at global asset managers AllianceBernstein, Aviva Investors, Lazard AM, and Tokio Marine AM.
Manish is an early thought leader in the ESG space, and an active proponent of DEI. At AllianceBernstein as early as in 2000, he pioneered an inhouse Corporate Governance (CG) assessment framework, much before CG and SRI eventually morphed into ESG. In all investment processes he has since designed and led, he has ensured that ESG considerations are central but, in a pragmatic, and not pedantic manner.
Manish has also engaged continuously with corporate managements on ESG issues over more than two decades. In the early 2000s, he worked closely with a Korea University think-tank and other institutional investors to get truly independent directors elected to the boards of leading Korean corporates.
Manish was a member of the Equity Advisory Group, International Institute of Finance, Inc., and a leader/member of their Corporate Governance Task Forces on Indonesia, Malaysia, China and India. He has presented white-papers on ESG-related topics at prestigious forums such as the Fourth OECD roundtable in Asia and the Council of Institutional Investors (cii.org) plenary session in Washington DC. Very recently, Manish has created https://esg-matters.today to post periodic thought pieces on the E, S and G challenges encountered as an investor, and as a repository of ESG resources
Manish holds a B Tech from Indian Institute of Technology Delhi, an MBA Indian Institute of Management (IIM) Calcutta, and is a CFA charterholder.
Nirman is in-charge of financial portfolio management at Abiman Asset Management, a single family office located in Singapore. His responsibilities include asset allocation, security selection and risk management. He invests into single bonds, equities and commodities in a multi-asset context. His work is influenced by factor based investing and systematic approach to asset allocation and risk management. Prior to Abiman, he worked at Taurus Family office, a multi-family office. At Taurus, he advised and managed portfolios for high net-worth families in a multi-asset context. He also successfully managed an Emerging market credit fund which ranked in top 1% globally in terms of performance, among emerging market credit funds. Prior to Taurus, Nirman worked for Citi wealth management, within the fixed income department, advising clients on their fixed income investments. Nirman has graduated from Indian Institute of Technology Kharagpur (Masters in Business) and University of Mumbai (Computer Sc. Engineering).
Mr. Ng has over 15 years of fixed income/credit investment experience in Hong Kong, Singapore, South Korea, Mainland China, Australia, the United Kingdom, and the United States. He has been involved in over 20 projects, invested over USD 500M of debt capital over different types of transaction such as property investment, development project, pre-IPO investment, bridge loan, mezzanine debt and distressed asset, non-performing loan, and asset portfolio acquisition.
Prior to founding PACM, Mr. Ng served as the Asia Credit Opportunities Fund Portfolio Manager at STI Asset Management, Vice President & Deputy Portfolio Manager at Tianli Financial Holdings, Vice President at Softbank Investment, Assistant Vice President at Syz Asset Management, Associate at JPMorgan Asset Management, and Associate with Fixed Income, Commodities and Currencies Division at UBS AG Hong Kong.
Mr. Ng obtained his Master of Business Administration from the Hong Kong University of Science and Technology in Hong Kong and his Bachelor of Business Administration in Airport Management and Bachelor of Science in Aeronautics from the University of North Dakota in the United States. Mr. Ng is a Fellow Certified Management Accountant, a Fellow of the Institute of Financial Accountants, a Fellow of the Institute of Public Accountants, and an International Affiliate member with the HKICPA.
Mr. Ng currently sits on the Board of Directors as President and CFO at Black Spade Acquisition Co., a company listed on the New York Stock Exchange (NYSE) with market cap of over USD 200M.
14:00 – 14:25
Leveraging technology for better and faster decision making
Jewel Myrtel Bautista is a Subject Matter Expert within the Moody’s Risk and Finance analytics practice across Asia Pacific and the Middle East. Her key areas of focus are Credit Risk Assessment, ESG and Climate Risk management.
Prior Moody’s, she has worked with multiple financial institutions in Singapore, Thailand, and Vietnam where she managed and provided a comprehensive credit assessment solution. She has worked with one of the largest banks in the region where her primary mandate is to provide an optimal solution that incorporates both regulatory policies and internal credit policies in the bank’s end-to-end credit lifecycle process and overall risk management.
Since joining Moody’s, she has been working closely alongside with some of the leading financial institutions in Asia Pacific not only to streamline their credit assessment process, but also provide guidance and support in terms of being able to effectively identify, quantify, manage, and monitor the exposure related to ESG and climate risk.
David joined CSOP Asset Management Limited as COO in 2017 and oversees Trading, Client Solutions, Risk Management, Operations, Technology and ETF Operations for the firm. He is responsible for designing and driving the infrastructure strategy of CSOP to support its business growth and development and is also currently leading the digital transformation initiative for CSOP.
Prior to joining CSOP as COO, David was the Head of Business Controls and Management for South East Asia at Bank of America Merrill Lynch, responsible for the governance and business management of the Global Banking and Markets Businesses in the region. David is also part of the local management committees of Merrill Lynch Singapore, Bank of America Singapore Branch and Bank of America Securities Limited
Previously, David had worked in a number of large financial institutions such as Barclays Capital and Morgan Stanley in a variety of roles covering operations, middle office and finance. David started his career in Deloitte as an auditor in Australia.
David holds a Master of Business Administration from the University of Chicago – Booth School of Business and a Master of Applied Commerce(Accounting) and a Bachelor of Computer Science from the University of Melbourne.
14:25 – 15:05
Buy-side risk roundtables
- Utilisation of technology and data
- Asset allocation and the role of alternatives
- Managing investment risk
- Navigating fiscal monetary policy risks
Rana Bhattacharjee is the Director and Senior Client Advisor at Alpha Quest Pte. Ltd., a licensed fund management company, regulated by the Monetary Authority of Singapore, providing wealth and portfolio management services to its clients.
Rana has an extensive experience of over 20 years in the wealth management industry and worked for Private Banks including Fortis, Standard Chartered Private Bank and CIC Banque Privee before setting up Alpha Quest with his partners. He focuses on allocation across all traditional and alternative asset classes to achieve the portfolio goals for his clients.
He is a CAIA, CFP, CMT and CFTe charterholder and has an MBA from the Indian Institute of Management Calcutta.
Antoine has 18 years of experience on both the sell-side (Investment Banking) and buy-side (Family Office). He joined Lighthouse Canton in 2018 and manages the investment advisory team, supervising the asset allocation, trade ideas and risk management across Ultra High Net Worth portfolios.
Prior to Lighthouse Canton, Antoine worked for 3 years in Dubai where he was the Chief Investment Officer of a Single-Family Office. He was previously at a Paris-based Hedge Fund for 2 years, where he was responsible for Business Development. Antoine started his career in London as an investment banker, where he worked on equity derivatives for both Société Générale and BNP Paribas for around 7 years.
Antoine graduated from INSEAD (Executive MBA) and Edhec Business School.
Gareth Nicholson
Chief investment officer and head of discretionary portfolio management (DPM), international wealth management
Nomura
Gareth Nicholson joined Nomura in July 2021 as Chief Investment Officer and Head of Discretionary Portfolio Management for International Wealth Management. He is based in Singapore.
Gareth works closely with Nomura’s Global Markets and Investment Banking businesses to expand the firm’s product offerings and spearhead a streamlined, solutions-driven coverage effort for high-net-worth clients, external asset managers and family offices. With a strong institutional investment background, he creates and manages DPM strategies for fixed income, equity and multi-asset portfolios, while providing risk management support.
Gareth has over 16 years of experience in financial markets. Prior to Nomura, he was Head of Fixed Income DPM at Bank of Singapore, where he was also a member of its investment committee. Before that, he was with Aberdeen Standard Investments for almost 10 years as a fixed income trader and an Asian credit portfolio manager. He began working in finance in 2004 as a derivatives specialist with Deutsche Asset Management after an early career as a mathematics teacher.
Gareth holds a BSc in Financial Mathematics from the University of Johannesburg. He was born and raised in East London, South Africa.
15:05 – 15:35
Networking break
15:35 – 16:05
Handling the vast amounts of data as a financial institution
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Where are the data holes for a financial institution?
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What can the business do to monetise the data?
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Are there any other opportunities or ways to use the data?
Frederick is the Managing Director & Head of Financial Institutions at Magnum Research. He is responsible for developing the company’s business-to-business wealth and portfolio solutions under the AQUMON brand. Frederick has over 20 years of experience in the financial industry. He was recently the Executive Director of Asset Management at Haitong International Group leading the HaitongETF business. Prior to that Frederick was the Head of ETFs at ChinaAMC(HK), managing the firm’s ETF franchise and strategies in Hong Kong and overseas. Frederick also worked at a number of global banks including HSBC, Credit Suisse, Societe Generale, as well as Lehman Brothers in the Prime Services and Capital Markets area. He started his career as a futures trader at Refco. Frederick holds a MBA degree from New York Institute of Technology, and received his Bachelor of Arts degree from the University of British Columbia.
Mr. Armin Paul D. Allado serves as the Division Chief of the Risk Management Division of the Philippine Bureau of the Treasury, supervising the risk analytics and monitoring function of the
Philippine National Treasury. He heads the Risk Analytics and Strategy initiative of the Treasury, aimed to bolster the adoption of modern technologies in computational data analytics in investment decision-making and economic forecasting. He also spearheads the financial literacy initiative of the Philippine Bureau of the Treasury to increase retail investor participation in the Treasury bonds market.
He is also a part-time lecturer in Data Analytics and Finance at the Ateneo de Manila University and University of Asia & Pacific. Prior to his current post, he served as Chief Market Strategist for the Fund Management Division and Technical Assistant for the Debt and Risk Management Division of the Philippine Bureau of the Treasury. Paul finished MSc in Finance at the London School of Economics.
Subbaiyan is a RegTech expert in enabling financial institutions to navigate their data and reporting transformation journeys. With a track record of working across more than 10 regulatory jurisdictions, he is skilled at innovating RegTech solutions for various regimes, including MAS, HKMA, APRA, RBI, among others. His vision is to establish industry-standard regulatory solutions that alleviate the compliance burden for financial institutions and helps regulators achieve precise data collection.
16:05 – 16:35
The pulse of Asia Pacific: Trends in operational risk
Polling insights
Risk.net has conducted a survey on the top 10 operational risks across the globe. This session will be a series of polling questions to engage the audience where our global editor and experts on the panel will give insights into the polls and survey findings.
Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Wood had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Wood was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work featuring in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles. Wood has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has won Incisive Media's journalist and editor of the year awards.
Lorena heads Technology Risk.
Lorena offers over 20 years of International experience across 5 continents in shaping and leading Risk and Technology based transformations.
Continuous learner, adaptable and able to forge strong relationships with key decision-makers; becoming a trusted advisor.
Frankie is an award-winning Chief Information Security Officer (CISO) in Financial Industry with two decades experience in Cyber security, risk management, digital transformation and pre-sales consulting.
Based in Singapore, currently he is APAC Regional Information Security Officer in one of global largest Asset Managers in Financial Industry. He was head of cyber & technology Risk (Singapore, Australia and New Zealand) in UBS bank.
He is a frequent keynote speaker about Cybersecurity & Technology in industry forums and perspective on Cybersecurity & Technology has been featured by international media. He is also a digital transformation and innovation catalyst with patent about next generation wireless networking filed as USA patent office as sole inventor.
He is a winner of industry leadership awards including Global Top 100 leaders in Infosec, World CIO 200 Master, CSO30 ASEAN, CIO 100 ASEAN, Asia 200 Digital Leader and ETCIO Transformative CIO.
An internationally recognized financial services expert, Soon Kit offers deep and wide experience accumulated over 15 years in the financial services sector. Bringing a global perspective enriched with grounded experience, he is Head Technology & Operations Risk at Ant Group - Anext Bank. He is formerly Enterprise Resilience Officer at BNY Mellon assuring the firm wide business and operational resilience across multiple lines of business.
Prior to this, he was Risk Vice President of Fullerton Fund Management and Wolters Kluwer’s Asia-Pacific Risk Practice Director guiding regional risk and financial practices for its software clients. At OCBC Bank Group, Soon Kit was managing the risk of Global Treasury, Investment Banking, OCBC Securities and Bank of Singapore. He complements his expertise with international advisory experience garnered at financial software firm Misys / Finastra where he led the risk management teams to solve broader subjects of banking risk with financial firms, banks, regulators in Europe and Asia. Prior to this, Soon Kit provided consulting at Moody’s Analytics.
Recognized for his practical expertise by regional banking conferences and professional media, Soon Kit has contributed many live and case interviews to breaking news developments and industry best practice conferences.
Graduating with honors in Quantitative Finance from the National University of Singapore, he is also a certified Anti-Money Laundering Specialist and an Energy Risk Professional.
16:35 – 16:35