Head of Market Risk Analytics, Asia
Standard Chartered Bank
Albert Chung is the Regional Head of Market Risk Analytics team in Standard Chartered, based in Singapore. He is responsible for market risk measurement methodologies (including VaR/ES, RniV, Economic Capital), governance of market risk models and FRTB model development. Albert has 10 years of experience in market risk management and modelling across Asia. He has a PhD and Bachelor (1st honours) in Engineering from the University of New South Wales, Australia.
Bram van den Bergh
Head of asset & liability management - Asia Pacific
Bram van den Bergh is Head of Asset and Liability Management for Asia Pacific at Natixis and is based in Hong Kong and joined Natixis in 2017. Bram has over a decade of experience in Treasury and Asset and Liability Management and has an international background having worked in Amsterdam, London and Hong Kong at 4 global financial institutions (ABN AMRO, Royal Bank of Scotland, Barclays and now Natixis). Bram has a strong background in FX, Interest Rate Risk hedging and Liquidity & Capital Management. Bram also has experience in managing bank balance sheets in Europe and Asia ensuring regulatory compliance and sound, robust and efficient risk management practices. Additionally, Bram has extensive experience in Strategic Restructuring Programmes. Bram has a Master of Science in Economics & Finance degree from Tilburg University in the Netherlands
Director, Credit Risk Solutions
S&P GLOBAL MARKET INTELLIGENCE
Paul Bishop is the Product Lead for Credit Analytics in S&P Global Market Intelligence’s Asia Pacific Risk Services team, based in Singapore. He is responsible for Credit Analytics Product business across Asia Pacific. Paul has experience as a product manager in the credit and counterparty risk space and was previously Product Manager - Ratings & Credit Content in EMEA, based in London. Prior to this Paul focused on EMEA product strategy covering Investment & Commercial Banks, Private Equity and Credit Markets.
Paul joined S&P Global Market Intelligence in 2011 in London, UK. Paul holds a BA (Hons) in Political Science & International Relations from the University of Birmingham and a CFA IMC.
Head of operational risk, Asia
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.
Head, Financial Markets, Legal
STANDARD CHARTERED BANK
Head, Legal, Financial Markets, Standard Chartered Bank
John Ho is the Head of Legal, Financial Markets for Standard Chartered Bank ("SCB"), overseeing and providing legal advisory, transactional and documentation support for Financial Markets (FM) business globally for Standard Chartered Bank (SCB), its branches and affiliates. He is a member of the Group Legal Management Team.
John Ho also plays an active role in implementing changes within the bank to conform to applicable OTC regulatory reforms impacting FM business. He has been involved in fostering closer working relationship and rapport with industry groups and regulators on key global and regional regulatory reform changes, including Dodd Frank, EMIR, CRDIV, FATCA, CCPs and Margin Reforms for Uncleared Derivatives.
Prior to joining SCB, John Ho was the Managing Director Principal in the legal department of Bear Stearns (Japan), Ltd ("Bear Stearns") where he supported the Asia franchise (including Tokyo, Hong Kong, China, Taiwan, Korea, India and South-east Asia) from January 2003 to August 2008 covering various structured products and derivatives including equity derivatives, credit derivatives, fixed income and commodities.
Prior to joining Bear Stearns, John Ho worked as Asia equity counsel for Lehman Brothers in Tokyo with experience dealing in convertibles, options, warrants, delta one products and other types of equity derivatives transactions, equity finance and equity capital markets.
John Ho is qualified as an advocate and solicitor in Singapore since 1995 and he received his law degree from the National University of Singapore.
Dr Frederick Shen
Head Global Treasury Business Management
Dr. Frederick Shen is Senior Vice President and Head of Business Management for Global Treasury, OCBC Bank, leading to strengthen the infrastructure, processes, monitoring and analytics to tackle the increasing regulatory and risk requirements, all the while enabling the Treasury business for strategic growth in countries we currently operate in and for the future. He also leads the Treasury FinTech strategy employing new and innovative technology solutions to deliver Treasury products to clients and to enhance productivity and efficiencies within the organisation. Fred re-joined OCBC in mid-2013 from Emirates NBD, Dubai, where he headed up the Group Market Risk unit. Prior to the Middle East assignment, he was with OCBC Bank Market Risk for 3+ years, and appointed its Head of Market Risk in 2011.
Fred started his career as a Professor of Finance at the University of Waterloo, Canada, before joining the financial industry, starting with global risk oversight of the financial engineering trading group at RBC Capital Markets. With over 25 years in the financial industry, his extensive experience includes assignments with various financial institutions and specialisations, including structured credit and real-asset securitizations at a privately held investment bank, Head of bank-wide economic/risk capital and risk modeling/analytics at Bank of Montreal, and Head of life insurance and asset management risk management at Manulife. Fred has a PhD in Financial Economics.
BEACON PLATFORM K.K.
Ryo serves as Representative Director of Beacon Platform K.K. and works closely with Beacon Platform Inc’s current and prospective clients throughout the APAC region.
Prior to Beacon, Ryo spent ten years at Goldman Sachs Asia where he built and headed the APAC Franchise Market Making Desk (Central Risk Book) and led the APAC Equities One Delta Strategies group and co-headed the APAC Algo Strategies group.
Prior to Goldman Sachs Ryo spent five years at The Mathworks, Inc. as a software engineer.
Executive Director, Market Risk Change & FRTB, Market Risk Control
Oliwia Kozlowska is the Market Risk Change and FRTB Lead for Market Risk Control (MRC) team in UBS. In her role, she drives MRC work related to various change initiatives and the implementation of FRTB rules, and is the Market Risk SME within the Bank's global FRTB programme. Prior to her current position, Oliwia spent 10 years in model validation and risk roles. Oliwia holds a PhD in Mathematical Finance from Birkbeck College, University of London.
Managing Director and Head of Markets Legal Asia Pacific and South East Asia Legal
Stephen Trevis is a Managing Director and Head of Markets Legal Asia Pacific and South East Asia Legal. Stephen joined Barclays’ Singapore office in February 2007, and was originally responsible for managing the Legal teams in Asia that supported Barclays Capital’s FICC and Loans businesses, dealing with Infrastructure and Company Secretarial matters. Prior to joining Barclays, he worked at Standard Chartered from 2003-2007, Deutsche Bank from 1997 to 2003 and Clifford Chance in London, Tokyo and Hong Kong from 1992-1997. Stephen is the Diversity Committee Chairperson at the British Chamber of Commerce, a committee member of REACH Singapore and an affiliate member of WiN Singapore. Outside of work, Stephen plays the electric guitar with his band, Crawford, and performs in pubs to adoring fans (including his wife and two daughters).
Director, Credit Risk Solutions
S&P Global Market Intelligence
Ed is a Director in the Credit Risk Solutions team of S&P Global Market Intelligence, based in Singapore. Since joining in 2012, he has managed and participated in the development, implementation, and validation of Basel II internal ratings systems, including Probability of Default (PD) and Loss Given Default (LGD) for low-default asset classes, for numerous clients across the EMEA and APAC regions.
Ed is part of the team in APAC, heading ASEAN & Pacific operations, since 2017. Prior to this he was part of the EMEA team in London, charged with managing our financial institutions (both banking and non-banking) Probability of Default (PD) solutions and delivering PD complex solutions and consultative assignments for Banks.
Ed holds an undergraduate degree in Accounting & Finance from Durham University. Ed also holds a postgraduate Masters in Science (MSc) in Investment Analysis from Aston University.
Choon Mun YONG
Deputy Director & Head, Prudential Advisory Division
Monetary Authority of Singapore
Mr Yong Choon Mun heads the Prudential Advisory Division, which is part of the Prudential Policy Department at the Monetary Authority of Singapore. The division oversees MAS’ policies on resolution and deposit insurance, and shapes MAS’ contributions to the BCBS, FSB SRC and other international fora. Prior to his current role, Choon Mun was in the Banking Department where he supervised a range of foreign banks.
Choon Mun holds a Bachelor of Accountancy (Honours) degree from Nanyang Technological University.
Group Executive, Head of Treasury & 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
Head of Market Risk
Amol Padhye has 16+ years of strong experience in Treasury and Risk Management across Indian Banks, Foreign Banks and Risk Consulting space. He is an active speaker at various conferences across Asia focusing on Treasury and Risk Management.
Amol currently Heads Market Risk at HDFC Bank covering Trading Book Risk, IRRBB, Liquidity Risk, ALM Risk and Counterparty Credit Risk. Before HDFC Bank, he led Treasury and ALM advisory practice at Ernst & Young LLP. He worked extensively with banks across India, South East Asia & Middle East region and also led multiple large scale risk technology & transformation projects. Prior to this, he was heading Market & Liquidity Risk at BNP Paribas and played multiple senior management roles.
Executive Director, Interest rate & FX products
Ravi Pandit serves as executive director, foreign exchange and interest rate products, Asia-Pacific, for CME Group, based in Singapore. He is responsible for expanding CME Group's existing FX and interest rate business and developing new opportunities across the region.
Ravi joined CME Group in August 2015 and has 25 years of 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, Pandit worked for 12 years in Dresdner Bank and subsequently Commerzbank post-merger, where he headed up the local markets trading team, and helped build up its Asian presence in interest rate and FX derivatives trading. Ravi also worked in various trading roles at Barclays Bank, across Hong Kong, Singapore and Tokyo, and in operations and technology at Citibank, across Hong Kong and Mumbai.
Ravi holds a master's degree in chemical engineering from Syracuse University and an MBA in finance from the University of California, Berkeley.
Dr. Jeevan Perera is currently the Risk Manager for the Orion space vehicle. The Orion is NASA's new spacecraft which will replace the Space Shuttle, service the International Space Station, and then return astronauts to the moon and eventually mount expeditions to Mars. Dr Perera has been with NASA for 20 years. In his current capacity, he is responsible for risk management policies, processes and analytical tools that ensure the successful deployment and operations of this new spacecraft. He oversees both quantitative and qualitative risk analysis processes and provides technical direction to a team of risk analysts. Formerly as the International Space Station Risk Manager, he designed, developed, implemented and improved the Program's risk management processes through a phased, systematic approach setting the standard for NASA’s risk practice. Prior to his work in risk management, he has worked in different technical fields in support of many NASA programs and projects. These duties have included management responsibility for versions of the primary and back-up flight software for the Space Shuttle and development responsibility for other software used aboard Space Shuttle and International Space Station missions.
Dr. Perera has been a member of the Board of Trustees for a local homeowners association, has provided legal advice to the United Space School, a foundation for international space education that brings student from around the world for focused classes on space related disciplines. He often presents on space topics at schools, universities, public events and international conferences. Dr. Perera has both a Jurisprudence Doctorate (law) and a PhD in Industrial Engineering.
Chief Risk Officer
UnionBank of Philippines
Tokio Marine Life Insurance Singapore
Philip Woo is the Chief Risk Officer and oversees corporate governance and risk management in Tokio Marine Life Insurance Singapore (TMLS). He has over 26 years of experience in the financial sector, and began his career at MAS before joining the insurance industry. Over the period, he has played leadership roles in Enterprise Risk Management (ERM), Business Continuity & Crisis Management, Outsourcing/Vendor Risk Management and Technology Risk Management (TRM). He currently chairs the Governance, Risk and Compliance Committee (GRCC) at TMLS, and oversees the managing of operational, financial and strategic risks in the company. In addition to risk management, Philip has a wealth of experience in strategic planning, financial technology and payment system matters.
Nomura Institute of Capital Market Research and Nomura Securities Co.
Head of financial markets infrastructure, directorate general financial stability, financial services and capital markets union
Patrick Pearson is Head of Unit of Financial Markets Infrastructure in the European Commission’s Financial Stability, Financial Services and Capital Markets Union Directorate General. He previously headed the Resolution and Crisis management teams and was responsible for the Financial Services Action Plan.
Before joining the European Commission in 1987, Patrick Pearson worked for the legal service and the foreign financial market affairs divisions in Dutch Finance Ministry in The Hague.
He has a law degree from Leiden University in the Netherlands.
Head of Risk Analytics
I am currently heading the Global Risk Analytics function at Mizuho.
I have started my career at Societe Generale's Economic Research Department focusing on the Eurozone. I have then worked on Counterparty Credit Risk modelling for Societe Generale, Deutsche Bank and Rabobank International in Paris, Tokyo, Hong Kong and London, putting in place centralised Monte Carlo frameworks, developing targeted solutions for wrong-way risk and non-vanilla transactions.
I hold a M.Sc. in Statistics & Economics from ParisTech ENSAE and a Master’s Degree from Sciences-Po Paris. I am a CQF and GARP FRM alumni.
Jay Wolstenholme is the Research Director at Chartis Research. Jay was most recently a Senior Principal at Finastra. Prior to this he spent 4 years as a Senior Analyst at Celent, 4 years as the Director of Capital Markets at HP, 5 years as a Research Director at Gartner and his first 8 years in industry as a Group Manager in fixed income IT at UBS.
Jay holds a BFA from Cooper Union, a BA from Saint Lawrence University and an MBA in Finance from NYU Stern School of Business. Additionally, Jay is Series 7 certified with FINRA.
Head of risk management
Swiss Financial Market Supervisory Authority
Head of Risk Management (Insurance Division): December 2018 to present; Swiss Financial Market Supervisory Authority (FINMA), Insurance Division, Bern, Switzerland.
Head of Market and Credit Risks (Insurance Division): July 2016 to July 2019; Swiss Financial Market Supervisory Authority (FINMA), Insurance Division, Bern, Switzerland.
Senior Risk Manager: June 2015 to June 2016; Swiss Financial Market Supervisory Authority (FINMA), Insurance Division, Bern, Switzerland.
Specialist for Market Risks: March 2012 to May 2015; Swiss Financial Market Supervisory Authority (FINMA), Insurance Division, Bern, Switzerland.
Financial consultant (part-time): 1993 – 2011; Treuhandbüro F. Balmer, Wilderswil, Switzerland.
Part-time lecturer: 2012 to present; Department of Mathematics and Computer Science, University of Basel, Switzerland.
Part-time lecturer: 2011 to present; Section de Mathématiques, École Polytechnique Fédérale de Lausanne, Switzerland.
Visiting professor: April 2016 – June 2016; Information and Decision Systems Department, ESSEC, Paris, France.
Part-time lecturer: 2009 – 2015;
Institute of Mathematical Statistics and Actuarial Science, University of Bern, Switzerland.
Post-doctoral research associate: 2009 – 2011; Institute of Mathematical Statistics and Actuarial Science, University of Bern, Switzerland. Founded by the Swiss National Science Foundation.
Research and teaching assistant: 2007 – 2009; Institute of Mathematical Statistics and Actuarial Science, University of Bern, Switzerland.
Teacher (part-time): 1998 – 1999; College of Commerce, Burgdorf, Switzerland
Chief Investment Officer
Hefeng Family Office
Stephen has an MSc in Actuarial Science from Cass Business School in the UK, and is a Chartered Statistician and a Chartered Scientist. He has over 20 years’ experience in the financial services industry, having worked in multi-family office, asset management firm, insurance company, corporate reserve fund and brokerage.
Stephen is currently the Chief Investment Officer at Hefeng Family Office. Before Hefeng, he held financial positions in various institutions, including senior portfolio manager at Veco Invest (Asia) Limited; managing multi-manager portfolios at The Hong Kong Jockey Club, the largest institutional investors in the Asia Pacific region; at the quantitative micro-strategy team with Deutsche Bank, ranked one of the top three research teams in the Quantitative / Derivative Category by Institutional Investors; a portfolio analysis specialist with JP Morgan Asset Management in the UK; and a fixed income analyst for The St. Paul Travelers Companies, Inc. in the UK.
Michael is the Founder and President of SureStep – a global systems integrator specializing in GRC automation and reporting solutions.
Since 2007, SureStep has successfully completed projects across finance, manufacturing, transportation, natural resource and other industries. Those clients have ranged from 2-person risk and compliance teams to those having over 65,000 participants in their GRC programs. As the practice lead at SureStep, Mike guides clients to best practices and ensures they optimize their GRC technology investments for the long term.
SureStep provides solutions from ServiceNow, Workiva and IBM as well as GRC managed services. Mike’s team works from offices in Hong Kong and Singapore in addition to their New York and Toronto locations.
Head of SG Index & Fund Solutions, Asia Pacific