Head, Business Cloud Enablement
Standard Chartered Bank
A senior leader in financial services with over ten years of progressive experience and achievement in building and managing teams, program management and organizational process improvement. A seasoned problem solver with a proven track record in overseeing and delivering multi-million dollar projects, post-acquisition integrations and turning around troubled projects. A focused achiever excelling in envisioning the big picture and carrying a project/vision through from infancy to fruition. Also managed Capital Markets development teams covering Equities, Prime Brokerage, Structured Notes, FX & MM delivering solutions for Front, Middle and Back-office. As well as managed programs and projects for Oil, Gas, Base Metals, Power, Structured Notes, NDF, FX Forwards, FX Options and Interest Rate Swaps.
Head of AML
Ping An OneConnect Bank (HK) Ltd
Francis is the Head of Financial Crime Compliance of PAOBank with 23 years of experience working in Finance Crime Compliance, Anti-money laundering and Fraud investigation fields of insurers and banks across Asia Pacific. Francis specializes in Cross-border and complex fraud investigation, AML Investigation and FCC process optimization, and big data analysis application.
Regional Head of Market and Enterprise Risk Management
Global Head of Operational Risk
Nomura International (Hong Kong) Limited, Hong Kong
Global Head of Operational Risk, Asia-ex-Japan, 2019 – present
- Oversee and manage the implementation of Nomura’s global Operational Risk Framework.
- Manage a global team of 50 globally.
- Develop the firm’s risk appetite.
- Report to the Nomura Board top and emerging risks.
Head of Operational Risk Management, Asia ex-Japan, 2015 – present
- Oversee and manage the implementation of Nomura’s global Operational Risk Framework in Asia-ex Japan. The Operational Risk Management framework covers regional Wholesale, Wealth, Retail Brokerage and Asset Management businesses in over 8 countries.
- Manage team of 7.
- Provide senior management with overview of the Operational Risk profile for AEJ, highlighting top operational risks and emerging risk. Developed new methodology for identifying and reporting on Top Risk for the region that has improved regional management engagement.
- Face-off to the firm’s regulators including HK SFC, Singapore MAS as well as regulators in branch countries (India, Korea, Taiwan, Malaysia, Australia, and Thailand). Provide details on the firm’s operational risk profile and assurance around robustness of the operational risk framework.
- Oversee and participate in high profile internal investigations as member of the Internal Investigation Committee. Conduct forensic deep-dives and interviews on varied cases such as potential fraud, whistle blowing, client complaints and market abuse.
- Lead global projects on Key Risk Indicators, Risk Taxonomy and Control Framework.
Head of New Business, Asia ex-Japan, 2018 - present
- Oversee and manage the implementation of Nomura’s New Business Approval framework in Asia ex-Japan. This includes the new product approval, significant transaction approval and reputational risk committees.
- Manage team of 6 (4 Vice-Presidents and 2 Associates).
- New Business Group ensures appropriate control, governance and challenge around new business initiatives. Team reviews feasibility of new product and transactions proposals, challenges front office around key risks and mitigants, financial resource usage, reputational risk and quality of due diligence.
- Face-off to heads of business to challenge around key strategic risk and due diligence issues.
- Manage development of Approved Product List for internal and regulatory use.
Chief Administrative Officer Risk Management, Asia ex-Japan, 2015 – present
- Co-ordinate and manage annual budget submissions and investment plans and monitor spend against budget. Identify areas of cost savings.
- Manage team of 2 (1 Executive Director and 1 Associate).
- Prepare presentations for AEJ CRO for bi-annual town hall meetings, regulatory interactions and executive management presentations.
- Oversee key change projects, FinTech initiatives and remediation of control issues.
Nomura International plc, London, UK
Global New Business Division COO, 2012 – 2014
- Drafted the Group New Business Approval Policy covering Wholesale, Asset Management and Retail Divisions by working with group company executives such as Global CFO, CLO, CRO and business division management. The policy was approved by the group Board and was the first group wide policy for new business approval for the firm.
- Developed a new product and complex transaction approval process for the Global Wholesale business by working with business leadership in Global Markets and Investment Banking. Created procedures, led IT development of a workflow tool and an approved product database and developed global training. Resulted in a globally consistent approach to new product approval and increased efficiency in approval of cross-border business.
EMEA Head of New Business, 2011 – 2014
- Implemented new product and transaction approval in the EMEA business by managing a team of 7 (1 ED, 3 VPs, 3 Associates). Improved efficiency and control around the approval processes by documenting procedures and reducing bureaucracy as measured by improved turn-around times, positive feedback from business lines and reduction in operational risk events or errors as a result of new product launches.
- Led interaction with and managed regulatory audits conducted by Bank of England (PRA), UK Financial Conduct Authority, Bank of Japan and JFSA. Successfully provided assurance to regulators of the robustness of new product approval process as measured by limited remediation points during a period when regulators were requesting external audits on all focus areas.
- Improved oversight of risk and returns of new and complex products by developing product back-testing, whereby revenue generated by products were assessed after one year. Presented findings to regional Board and business leadership, resulting in certain non-performing businesses lines being discontinued or altered. As a result, management was provided assurance that business lines were accountable for introducing new products, processes and operational risks to the firm.
Senior Risk Manager, Operational Risk Management, 2009 – 2011
- Implemented the Operational Risk Framework in Global Markets and Investment Banking following acquisition of Lehman Brothers EMEA business. Worked with business line COOs and managed operational risk team of 3 individuals to develop the risk and control self-assessments by desk, implement key risk indicators and operational risk event investigation and reporting. Operational Risk Framework was rolled-out to the businesses lines within 6 months of integration.
- Initiated and developed reporting for monthly risk and control meetings by regional business line which reviewed the operational risk profile front to back with representatives from all corporate departments, resulting in improved ownership of operational risk. Expanded regional meetings to global product lines by working with Global Heads of Trading and corporate departments, coordinating with regional ORM and developing a cross-regional aggregated risk profile. Meetings were led by head of business, demonstrating ownership of Operational Risk by first line of defense.
- Created front-to-back trade process maps by aggregating information between IT, Operations, and trading. Documented key controls and manual processes, which provided senior management with detailed view on infrastructure requirements.
Deloitte & Touche, London, UK
Manager, Financial Services Advisory, 2006 - 2009
- Advised clients on implementation of credit, market and operational risk management frameworks; advised clients on implementation of Basel II and CRD requirements. Clients included leading universal banks, investment banks, asset managers, hedge funds and regulators.
- Advised on the integration of the operational risk management function with corporate security and technology risk for a leading European universal bank. Assisted in integrating Sarbanes-Oxley procedures into operational risk functions.
- Developed credit risk policies and procedures for a US bank starting a new deposit taking and lending institution in the UK.
- Project managed implementation of transaction reporting tool for a leading Swiss investment bank.
- Assisted a European brokerage in developing counterparty, operational and credit risk management around its margin lending business.
- Developed and implemented the internal capital adequacy assessment process (ICAAP) for more than 10 banks, investment managers, securities brokers and asset managers.
- Developed a post-merger target operating model and project plan for the integration of global Compliance functions of two leading banking groups.
- Clients included UBS, Lloyds, ING, Barclays, RBS and various investment managers.
Export-Import Bank of the United States, Washington, DC, USA
International Business Development Office, 2002 - 2004
- Conducted marketing and sales activities to increase Ex-Im Bank financing in southeast Europe. Oversaw an increase in business activity by 90% and 75% in 2002 and 2003, year on year.
- Arranged and structured and trade finance with banks, private companies, and governments. Arranged balance sheet loans, letters of credit, secured lending, and project financing.
- Analyzed financial statements and cash flow projections to determine creditworthiness of counterparties and projects.
- Organized and implemented various marketing events, including Ex-Im Bank’s “Southeast and Central Europe Regional Conference” in Bled, Slovenia, which drew 250 attendees from regional governments, central banks, businesses and financial institutions.
Managing Director, APAC Head of AML
Chairman and Non Executive Director, Asia Advisory Board
Based in Singapore, Michael is Chairman and Independent Non Executive Director of QBE Asia.
He has over 40 years experience in the general insurance industry, mainly in Asia, with intervening periods in London and Bermuda.
He also acts as an advisor to insurtech and cyber security companies.
Steven Low Weng Haw
Group Chief Risk Officer
Affin Bank Berhad
Mr. Steven Low Weng Haw was appointed as Group Chief Risk Officer on 1 September 2019.
Mr. Steven is responsible for directing and implementing the Bank’s risk management programs, policies and procedures. He is also entrusted to oversee the Bank’s governance and strategy for risk management and compliance, including relationships with key regulators and supervisory institutions.
Mr. Steven brings with him more than 28 years working experience in the Financial Services Industry, encompassing Risk and Credit Management, Credit Evaluation, Account Management, Research and Data Analytics. He has served in both local and foreign banks as Chief Risk Officer.
Mr. Steven holds the professional qualification in ICSA from the Institute of Chartered Secretaries and Administrators, and a Diploma in Commerce (Business Management) from Universiti Tunku Abdul Rahman.
General manager, group cyber transformation and delivery
Memo is the MD of Group Cyber delivery and transformation accountable for the roll out of all security technology across the Bank. Prior to this, Memo was the CIO of Global Markets and Institutional Bank internationally for CBA, running a large team across Sydney, Hong Kong, Singapore, India, London, New York, Malta and Amsterdam. Leading technology teams for both run and change supporting: FX, Derivatives, Fixed Income, Commodities, Institutional Lending, Credit, securitisation, and Trade finance businesses.
She has unique skills that span across all aspects of technology with strong delivery of large complex transformations, IT operational excellence, driving innovation and digitisation leveraging latest technologies, data, IT and business operating models to differentiate and position organisations for future profitable growth. This is combined with extensive Information Technology, Strategy, Leadership, Corporate, Institutional Banking and Financial Markets expertise.
An experienced C-suite executive, Memo has significant exposure working alongside other C-suite focussing on strategic direction and operation of organisation. She has experience working globally in London and New York at Credit Suisse, and multiple leading financial institutions in Australia including Westpac, NAB, Macquarie Bank, BNP Paribas and consulting. She has lead initiatives for digitisation and focused on emerging IT models and technologies such as decentralised services and platforms, software as a service models, agile delivery models, “pay per use” technology, multi-tenant models, building of Lego style architecture and creating strategic partnerships with technology organisations globally.
She comes from a strong technology background of engineering, architecture coupled with formal education in business, finance and leadership. She has a keen interest in leveraging unique and innovative technologies to solve complex business problems for growth and differentiation. Draws executive management insights from uniting teams in complex markets, through diverse cultures and market research to add unique value as a CIO.
Global Head of Fixed Income, Derivatives and Market Risk Technology
Group Chief Risk Officer
Gilbert Kohnke is the Group Chief Risk Officer CRO and a Member of Executive Committee of Maybank Group since 1 November 2017. He has Group oversight responsibility for the full spectrum of risk. He also leads an expert networking group as the Chairman of the Chief Risk Officers' Forum established by the Asian Institute of Chartered Bankers (AICB) to ensure continuous dialogue with key stakeholders and enhance professional banking competencies. Prior to joining Maybank, he was the Group CRO of Danske Bank in Denmark, from 2015 to 2017, where he had similar risk oversight responsibilities. During his time as the CRO of OCBC from 2005 to 2014, OCBC was rated the "Safest Bank in the World" in the post global financial crisis period.
He has over 30 years of broad-based, global banking experience, working in Asia, Europe, North America, and Scandinavia, alternating between front office and risk control function roles. Gilbert is considered as a "Thought-leader" in digital transformations of risk functions and towards customer-centric financial services. He has a proven record of implementing organization-wide risk transformations in response to the emergence of non-traditional players, increasing regulations such as raising capital requirements, and the imperative to move towards a digital ecosystem. In Maybank, he continues the mission of Maybank becoming 'The Best Risk House Across Asia' with a new focus on value creation and innovation to address digital transformations, superior customer experience and regulatory requirements.
Managing Director, Global Chief Risk Officer
Bank of Singapore
Alex Lotfi is a French national who graduated with a Bachelor of Arts in Economics from University Paris XII and a Master in Management from ICN Business School (French Grandes Ecoles). He is a Certified International Investment Analyst (CIIA) from the French Society of Financial Analysts.
Alex has more than 17 years of banking experience in Risk Management matters across Investment Banks and Private Banks. Following several senior roles at Natixis Corporate & Investment Bank in Paris and London, Alex joined the Wealth Management division of Barclays Bank PLC in 2010 and later was appointed as Head of Credit Risk Asia Pacific based in Singapore.
In November 2016, Alex joined Bank of Singapore as Managing Director and Global Chief Risk Officer. Alex is responsible for Credit, Market and Operational Risk Management functions.
Director, Global Finance Digital Transformation
Sangeeta Venkatesan is the Chairman of FairVine Super, a superannuation fund designed for women, and CEO and Co-founder of Applegrove Capital, a capital advisory firm focused on sustainable investment including renewable energy, healthcare and agriculture. She is a highly sought-after speaker, media commentator, judge for awards functions and thought leader across banking and finance, superannuation, fin-tech, sustainable investing and gender equality. She is no stranger to breaking through the glass ceiling. Thus far she is the only female who has been the CEO of a stockbroking firm (APP Securities) in Australia. She also serves as a Board Member of Women in Banking and Finance, and Treasurer of Australia-India Business Council NSW. Having worked in the banking and finance sector for more than 23 years, Sangeeta’s experience spans several continents including London, Hong Kong, Singapore and Sydney, at some of the most prominent and globally recognised firms, including Goldman Sachs, Morgan Stanley, Lehman Brothers/ Nomura, KPMG, and The Commonwealth Bank of Australia (‘CBA’). Whist at CBA Sangeeta represented the bank at various government led Australia-China financial collaboration dialogues and co-authored a book titled “The Renminbi – from the Peoples’ Money to a Global Currency” focusing on the evolving Chinese economy and financial liberalisation, and opportunities for both Australian and Chinese companies that trade or invest across the corridor. She played a significant role in integrating the erstwhile Lehman Bothers’ business into Nomura and represented the firm at The International Swaps and Derivatives Association’s (ISDA) Credit Derivatives Committee and Association for Financial Markets in Europe’s (AFME) Credit Board. Sangeeta won the ‘Innovator of the Year’ award at Money Management and Super Review’s Women in Financial Services Awards 2019.
Global Head of Traded & Treasury Risk and Analytics Transformation
Michele Marzano is the Global Head of Traded and Treasury Risk and Analytics Transformation for HSBC.
His teams oversees the strategic transformation for the Traded and Treasury risk functions as well as the implementation of key regulatory reforms for the Risk department (including FRTB and IBOR transition).
Prior to this role, Michele led the Traded Credit Risk management unit for HSBC in Asia and the Traded Risk Analytics teams.
Prior to HSBC, Michele worked at the Bank of England, first worked a Supervisor and then led the development and international policy negotiations of the FRTB, FRTB-CVA, IRRBB and of the margining reform. Michele holds a PhD in Quantitative Finance and Econometrics and has published academic papers in this field.
Group Chief Executive Officer
Mine Superannuation Fund
Vasyl Nair is the Chief Risk Officer of Mine Super and is responsible for its risk, compliance and legal functions (prior to this, Vasyl was employed with Mine Super in the role of Chief Strategy Officer). Vasyl has a background in law and corporate finance, having also held roles across operations, strategy, marketing and risk related functions at some of Australia’s largest financial services institutions (including Westpac Banking Corporation and the Commonwealth Bank). Vasyl holds a Bachelor of Laws (Hon), Bachelor of Commerce, Graduate Diploma of Legal Practice and an Executive Master of Business Administration. He is admitted to the Supreme Court of NSW as a solicitor, is a Graduate of the Australian Institute of Company Directors and has achieved a Certificate of Business Excellence from the Haas School of Business, U.C. Berkeley.
Mine Superannuation Fund (Mine Super) is a profit to members, public offer super fund dedicated to serving the retirement needs of all Australians. Its enduring purpose is to deliver an exceptional retirement for members which achieves peace of mind along the way. Mine Super employs 200 staff and manages over $11 billion in funds for approximately 65,000 members. In addition to superannuation and pension products, Mine Super offers its members insurance and access to financial advice.
Group Executive, Managing Director and Head of Treasury and Markets
Mr Andrew Ng is Group Executive of DBS & Head of Treasury and Markets. He joined DBS in 2000 and was named Managing Director and Regional Head of Trading in 2005.
Since 2006, Andrew has been instrumental in leading DBS Treasury and Market’s expansion in the region. In addition, he helped build a pan-Asia trading platform on different asset classes and established a region-wide local currencies derivative capability for the bank. He has also expanded DBS’ capabilities in generic and exotic derivatives.
Andrew has worked in the treasury business for over 32 years. Prior to joining DBS, he was Executive Director at Canadian Imperial Bank of Commerce from 1995 to 1999. In that role, he set up CIBC’s trading platform and derivative capabilities on Asian currencies. Between 1986 and 1995, Andrew was Head of North Asia Trading and Treasurer of Chase Manhattan Bank in
Chief Operating Officer
CSOP Asset Management
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.
Bureau Chief, Asia
Blake Evans-Pritchard is bureau chief, Asia, for Risk.net based in Hong Kong. Before taking on his current role, he spent three years covering regulatory issues across Asia for Risk.net, including implementation of Basel III and other international standards in regional jurisdictions. Previously, he spent five years in Brussels writing about the European Union’s financial services sector and competition policy and a number of years as Africa editor for a news service covering post-conflict restitution around the world.
Head of Treasury and Global Markets
Khalimi is currently Head of Treasury & Global Markets at Mizuho Bank Malaysia, a subsidiary of Mizuho Bank Ltd. one of the mega bank in Japan.
With over 15 years of banking experience specialising in Treasury and Risk Management, Khalimi’s previous position was with Affin Hwang Capital/Hwang DBS Investment Bank as AVP of Treasury. He also held a senior position in Treasury & Risk Management at ECM Libra Investment Bank and AmBank.
“Khalimi, who graduated from the University of Technology MARA (UiTM), with a BBA (Hons) in Finance started out as an Executive Officer at Bank Negara Malaysia, been directly involved in monetary policy implementation and risk management. The experience at Bank Negara Malaysia has provided him a valuable fundamentals for him to strive in his career and continue to contribute for a betterment of financial industry and society.
Khalimi is currently a national member of Financial Market Association of Malaysia (FMAM), a professional and quasi-licensing body for wholesale financial market in Malaysia under the Asian Institute of Chartered Banker (AICB).”
Head of Model Risk Management
Akkarapol Sa-ngasoongsong is Head of Model Risk Management Division at Siam Commercial Bank (SCB), Thailand. Prior to joining SCB, Akkarapol worked for Citibank, US where he held multiple roles in Risk function including senior modeling manager for regulatory risk model development (CCAR and Stress testing), and model validation manager in model risk management division. In his current role, Akkarapol is leading model risk management division and responsible for establishing and setting up model governance/model risk management framework for entire model landscape of SCB.
Akkarapol holds a Ph.D. in Industrial Engineering, M.S. in Agricultural Economics from Oklahoma State University.
Soon Kit Tham
Enterprise Resilience Officer
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 currently Enterprise Resilience Officer at BNY Mellon assuring the firm broad 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.
Boon Lee Thor
Chief Risk Officer
Boon Lee comes with 23 years of financial services risk management experience, both as a banking risk management practitioner and also as financial risk management consultant within the Asean region. Before joining OCBC as the Country Chief Risk Officer in 2017, he was the Chief Risk Officer for MUFG Bank for more than 4 years where he provided leadership and set directions for the enterprise wide risk matters in the areas of market, credit, operational risks and also business continuity management. Prior to MUFG, Boon Lee also had worked with a large local banking group in Malaysia.
He had experience as a risk management consultant covering scoring, policy and portfolio management, prepared and executed Integrated Risk Management Framework in several banks in Asean region.
Boon Lee graduated from the University of Warwick, United Kingdom with a First Class Honours in Management Science. He is also a Chartered Financial Analyst (CFA) and a member of Malaysian MENSA Society.
Chief Risk Officer, Asia
Lloyds Banking Group
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.
Head of Investment Risk and Compliance
Theo provides strategic direction for global risk management programs in the investment management group (IMG) through design, governance of operational risk management strategies and is responsible for the leadership and oversight of the IMG operational risk function across multiple disciplines for Asia-Pacific.
Prior to joining Vanguard in November 2011, Theo's held the role of head of risk at ANZ Private Wealth. Theo has extensive experience within operational risk, regulatory compliance and credit risk across mortgage lending, insurance, asset finance, asset management, margin lending and stockbroking with the ANZ Banking Group.
Theo holds a Bachelor of Business (Banking and Finance) degree from Monash University.