Thursday, 26 January 2023
2 pm GMT

A Best Practice Approach to Managing Risks for Development Banks

In partnership with

Why attend

Emerging markets face a multitude of risks stemming from high external borrowing costs, stubbornly high inflation, volatile commodity markets, heightened uncertainty about the global economic outlook and the war in Ukraine.

The risk of contagion – a “domino effect” of sovereign debt or institutional defaults after a particular trigger – is real, as evidenced by 2011 sovereign debt crisis in Europe, and most recently in the crypto world. Governments and multilateral institutions like IMF and various Development Banks have worked together to lower to sustainable levels the external debt burdens of the most heavily indebted poor countries.

Development Banks can efficiently employ their resources and expertise to reduce various risks associated with emerging markets and developing economies financial assets, in order to attract private investors that would not otherwise have provided funding.

This expertise needs to be underpinned by a robust and proven technology that allows financial institutions to see and understand various financial markets risks (most importantly: counterparty credit, interest rates and liquidity risks) holistically, and in time to be able to protect themselves from the risk of contagion.

Join this webinar panel discussion as we:

◾Assess the current market and future market outlook
◾Dissect the risk of contagion and the domino effect
◾Explore the role of development banks in containing systemic spread of risks
◾Analyse the way forward with a best practice approach underpinned by robust processes

The key take-aways

Assess the current market and future market outlook

Dissect the risk of contagion and the domino effect

Explore the role of development banks in containing systemic spread of risks

Analyse the way forward with a best practice approach underpinned by robust processes

The webinar panel

Click to view full speaker details

Ahmed Abdullah, Chief Risk Officer | EMIRATES DEVELOPMENT BANK

An experienced Chief Risk Officer with over 25 years of experience in the banking industry. The depth of my banking experience spans over well-established very large banks to greenfield banks, from newly merged banks to fully transformed banks, from multi country banks to domestic banks, and for both Conventional and Islamic Banking.

In 2002, I was part of a core team who established the Risk Group in Arab Bank Group. I was selected as part of a joint team at Central Bank of Jordan to draft Basel II regulations for Jordan. I have successfully managed multi-country risk management projects including Basel II implementation for Arab Bank Group.

I have joined the Central Bank of Libya in 2008, as the country project manager for the Credit Reform Program and at the same time as a Chief Risk Officer of the newly merged national champion– Gumhouria Bank.

My Islamic Banking experience started when I joined Jordan Dubai Islamic Bank. I have gained a unique experience in terms of converting the legacy Jordan Industrial Bank into a fully-fledged Islamic bank. My Islamic banking crystalised by accepting the challenge to be among the executive team to establish the first Islamic Bank in Oman.

In 2014, I moved to the UAE as part of the executive team to merge Emirates Industrial Bank and Emirates Real Estate bank to create UAE’s first development bank. This bank is the largest UAE bank in terms of equity and will be the main financial anchor in UAE’s economic growth.

Key areas of expertise are: Financial Risk Management, Strategic Planning, International Regulations, Basel Accords, Credit Risk Management, Risk Rating Systems, Islamic Banking, Re-structuring, Re-organisation, Compliance, Corporate Governance and People Management.

Vijay Kumar, Chief Credit & Risk Officer | BAHRAIN DEVELOPMENT BANK

25 years of experience in Financial Risk Management in the area of Credit Risk Management, Risk Analytics, Basel II/III Implementation, Economic Capital Models, Capital Charge Computation & Risk-Weighted Assets, Credit Risk Rating Models/Scorecards, Models Validation, PD/LGD/EAD estimation, Integrated Stress Testing, Risk Based Pricing, Risk Adjusted Performance Management (RAPM), Risk Adjusted Return on Capital (RAROC), Risk Infrastructure, Economic Profit Maximization and Capital Allocation with wide exposure to international best practices in Risk Management & Analytics and worked with several top notch banks within the GCC and across the globe.

Adept in setting up ICAAP with Risk Assessment and Quantification framework for Credit Concentration Risk, Interest Rate Risk, Strategic Risk, Reputational Risk and other material risks.

Proficient in Basel III norms – Enhanced Common Equity, Counterparty Credit Risk, Capital Conservation Buffer, Countercyclical Buffer, Leverage Ratio, Global Liquidity Standards, Liquidity Coverage Ratio and Net Stable Funding Ratio - and its implications on Capital requirements.

Quantitative Risk Analytics – Risk Rating Models Development, Models Validation, Interest Rate Risk, Economic Capital models and Risk Adjusted Return on Capital.

Conducted Bottom-up Stress Testing as part of the Central Bank of UAE Macro Economic Stress Testing exercise.

Set up state of the art Risk Architecture with emphasis on Limits & Collateral Management, Loan Origination, Credit Risk Ratings/Scorecards and Capital Computation.

Led Reveleus Basel II solution implementation.

Fabián Mendivil, Chief Risk Officer | BANCO DE DESARROLLO PRODUCTIVO S.A.M

Fabián Mendivil is the Chief Risk Officer of the Productive Development Bank of Bolivia, also known as Banco de Desarrollo Productivo or BDP S.A.M., the only development financial institution in the country.

For the last 14 years, Fabián has held various financial risk management positions in commercial banks and microfinance institutions, holding executive and managerial roles related to credit, operational, market and liquidity risk. His strengths are on financial risk management systems and frameworks implementation inside financial institutions. Likewise, his main interest has been focused on applied quantitative risk and financial analysis and the use of new artificial intelligence methods such as Machine Learning and Deep Learning to solve practical financial problems. Recently, his work has been concentrated to implementing Environmental and Social Risk Management Systems (ESMS) and risk analysis for Fintech related products.

Fabián holds postgrads regarding quantitative methods and financial analysis. At the beginning of his career, he took part in a training programme in Canada working with development financial institutions in the province of British Columbia. Similarly, in 2019, he obtained his Master degree in Financial Risk and Investment Analysis from the University of Sussex in the UK, a programme accredited by the Global Association of Risk Professionals (GARP), Chartered Institute for Securities and Investment (CISI) and Chartered Financial Analyst Institute (CFA).

Athina Chatzipetrou, CEO | HELLENIC DEVELOPMENT BANK SA

Athina Chatzipetrou is the CEO of the Hellenic Development Bank SA, which promotes fair, sustainable, and holistic economic development at regional and national level by facilitating SMEs’ access to finance. Since March 2020 and during her leadership, the Hellenic Development Bank has been restructured. Moreover, it has handled in excess of 8,5 billion euros in loans, while starting with only 280 million euros. More than 41,000 new loans have been granted during the same period, contributing to the creation of more than 18,600 new jobs.

With almost 30 years' experience in the corporate sector of leading positions and successes in diverse assignments and sectors, she carries a long and deep experience in financial management, including highest-level interactions with counterparties internationally.

Among her previous roles, she has served as Regional Finance Manager at Coca-Cola Hellas, Finance Director at Beiersdorf Hellas, and Group CFO of Toyota Group in Greece. Ms Chatzipetrou has also served as Finance Advisor at the Ministry of Development and Competitiveness, Resident Advisor both at the Netherlands enterprise agency (RVO) as well as the United Nations Economic Commission for Europe (UNECE), and as President of the BoD and CEO of the Archaeological Resources Fund.

Ms Chatzipetrou holds a Bachelor of Science degree in Business Administration from the Athens University of Economics and Business, a Master of Science degree in Operational Research from the University of Athens and a Master’s degree in Heritage Management from the University of Kent.

Ms Chatzipetrou, a Greek national, speaks English, French and German.

Krzysztof Rojek, Senior Director, Global Solutions Consulting | FINASTRA

Krzysztof Rojek is a Senior Director of Global Solutions Consulting for Finastra’s Treasury and Capital Markets’ core front-to-back-to-risk solutions. He is responsible for pre-sales and sales strategies, working with banks on their trading innovation, risk management, and digital transformation initiatives. Before joining Finastra in 2016, Krzysztof was the Head of Pre-Sales at FIS, where he worked for over 10 years, and prior to that he spent 8 years as a trader in dealing rooms in Warsaw and London. Krzysztof is based in Singapore and holds a master’s degree in financial engineering from Wroclaw University of Science and Technology.

Rima Dajani, Senior Director, Treasury and Capital Markets’ Solution | FINASTRA

Rima works closely with internal stakeholders to develop retention strategies by proposing value based innovative solutions and suitable digital transformations.

Before joining Finastra, Rima acted as a senior consultant with Promontory Financial Group/IBM where she advised banks on matters related to strategy, performance enhancement, compliance and governance.

Through her earlier banking experience, Rima worked in the capital markets covering a diverse portfolio of equity & debt structured products, IPOs and Eurobond placements.

Rima is based in Dubai and holds an MBA from the American University of Beirut.

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This webinar is in partnership with

FINASTRA

Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. Learn more at finastra.com.

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