Program 2020

Program 2020

Program 2020

The state of financial markets, Covid-19 lessons, credit risk, Libor transition & stress-testing

08:5009:00 welcome address
Log in earlier to familiarize with the platform!

08:50 - 09:00

Kris Devasabai


Kris Devasabai is the New York-based editor-in-chief of Previously, he was bureau chief and US editor of Risk magazine. He manages the editorial team. Prior to joining Risk, Kris covered hedge funds, asset management, cross-border investing and law for several publications.

Kris holds a bachelor’s degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.


Opening keynote address: Outlook on the financial system from the Federal Reserve Bank of New York

09:00 - 09:30

Kevin Stiroh

Executive vice president, head of the supervision group

Federal Reserve Bank of New York

Kevin J. Stiroh is Executive Vice President of the Federal Reserve Bank of New York and head of the Supervision Group, which is responsible for supervising financial institutions in the Second District of the Federal Reserve System. Mr. Stiroh is currently a member of the Bank’s Executive Committee, a member of the Federal Reserve’s Supervision Committee and Large Institution Supervision Coordinating Committee (LISCC), co-lead of the Basel Committee’s Task Force on Climate-Related Financial Risks, and chair of the Senior Supervisors Group.

Mr. Stiroh joined the Bank in March 1999 as an economist in the Research and Statistics Group and has held a range of positions in the Research and Statistics, Supervision, Markets, and Integrated Policy Analysis groups. Mr. Stiroh played a leadership role in the development and execution of supervisory stress testing progams including the Supervisory Capital Assessment Program (SCAP) and the Comprehensive Capital Analysis and Review (CCAR); led work related to financial institution analysis, market monitoring, financial stability, and the discount window; and participated in international working groups on macroprudential supervision, collateral usage, and the reform of reference interest rates. Mr. Stiroh became head of the Supervision Group in October 2015.

Mr. Stiroh's academic research includes work on productivity and the sources of economic growth, the economic impact of information technology, and the efficiency and behavior of financial institutions. This research has been published in the American Economic Review, Brookings Papers on Economic Activity, Journal of Banking and Finance, Journal of Economic Perspectives, Journal of Money, Credit and Banking, Review of Economics and Statistics and other academic and business publications.

Mr. Stiroh holds a bachelor’s degree from Swarthmore College in Economics and Psychology and an M.A. and Ph.D. from Harvard University in Economics.


Spotlight on Covid-19: lessons learned

09:40 - 10:40

Special address: How risk appetite infrastructures kept us alive

Follow on discussion: Spotlight on Covid-19 - lessons learned

  • What have we learned and what will change going forward?
  • How have financial firms’ operations handled the outbreak?
  • How collateral management and clearing work?
  • How well did credit risk models predict? Do they need to be modified?
  • At the heights of the pandemic, what market reactions have surprised you?
Nicholas Silitch

Chief Risk Officer


Nick Silitch is senior vice president, chief risk officer of Prudential Financial, Inc. In this role, Silitch oversees Prudential’s risk management infrastructure and risk profile across all business lines and risk types. Under his direction, his team develops models, metrics, frameworks and governance to manage risk, and works with internal corporate partners and business groups to identify, assess and prioritize risk across the company. He is chairman of the organization’s Enterprise Risk Committee that evaluates current and emerging risks relevant to the company, and is a member of Prudential’s Senior Management Council.

Silitch also works with external stakeholder groups to forward industry interests. He is head of the International Affairs Committee for the North American Chief Risk Officers’ Council, and is a member of the Advisory Council for the International Association of Credit Portfolio Managers.

Silitch joined Prudential in 2010 as chief credit officer and head of investment risk management, overseeing Prudential’s general account and other proprietary investment risks globally, as well as maintaining and approving Delegations of Authority and Investment Policy Statements.

Prior to joining Prudential, Silitch held the position of chief risk officer of the Alternative Investment Services, Broker Dealer Services and Pershing businesses within Bank of New York Mellon. He also served on the Pershing Executive Committee.

Silitch joined Bank of New York Mellon in 1983 as a credit trainee. Throughout his career at the bank, he held senior positions in client management, investor relations, risk management, loan restructuring, credit portfolio management and Basel compliance.

He received a bachelor’s degree in economics from Colby College.

Alexander Crawford

Partner & chief investment risk officer

Lord Abbett

Alec Crawford is responsible for identifying and managing risk in Lord Abbett's portfolios. In addition, he is a member of the Investment Leadership Team, as well as the Strategic Allocation and ESG committees.

Mr. Crawford joined Lord Abbett in 2012 and was named Partner in 2013. His previous experience includes serving as Managing Director and Global Head of Risk Management at Ziff Brothers Investments; Managing Director and Head of Agency MBS Strategy at RBS Greenwich Capital; Managing Director and Head of Mortgage and Cross-Rates Strategy at Deutsche Bank Securities; Vice President and Head of Mortgage Strategy at Morgan Stanley; Vice President, Research Liaison at Goldman Sachs; and Vice President, Research Liaison at CS First Boston. He has worked in the financial services industry since 1988.

Mr. Crawford has contributed to publications, including the Guide to Fixed Income Securities, Volume 7, by Frank Fabozzi. Mr. Crawford also has received awards from Institutional Investor for his research on mortgage-backed securities.

He earned an AB in computer science from Harvard College.

Daniel Finn

Managing director, head of North America risk solutions


Daniel Finn, FCAS, ASA, is a Managing Director at Conning, where he is the Head of North America for the Risk Solutions unit. In that role, he leads a team that is responsible for providing asset-liability and integrated risk management advisory services to life, health and property/casualty insurance company clients and pension clients. Mr. Finn also oversees the support and development of Conning’s proprietary financial software models. Prior to joining Conning in 2001, Mr. Finn was a Vice President within Swiss Re Investors' asset-liability management unit. He has been involved in the asset-liability management field since 1997. Mr. Finn is a graduate of the University of Rochester with an MA in Mathematics and earned an MBA from Loyola College.

Prasanna Someshwar 

CRO, wealth & investment management

Wells Fargo

Duncan Wood

Global editorial director

Duncan Wood is the London-based editor-in-chief of He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Duncan 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, Duncan was news editor for the Oliver Wyman-founded online start-up He also worked freelance for six years while living in Germany, with his work appearing in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles.
Duncan has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has also won Incisive Media's journalist and editor of the year awards.


Morning break & opportunity to network on Brella

10:40 - 11:00


Spotlight on a changing risk culture through Covid-19
Innovation Think Tank

11:20 - 12:00

We are living through a historic event that is having a profound impact on people’s personal and professional lives. Disruptions created by Covid-19 are causing increased anxiety and stress that inevitably impair the ability to manage risk effectively. In this interactive session, senior risk management professionals will discuss what steps they took to strengthen risk culture in the times when sound judgment and effective decision-making are needed the most.

Nikolai Kukharkin

Managing director, head of model risk management


Nikolai Kukharkin is Managing Director, Head of Model Risk Management at TIAA. His team is responsible for TIAA’s Model Risk Management program, including model validation, control, and governance activities such as risk rating of models, model performance review, front-to-back model governance and controls, and reporting and oversight of model risk. 
Mr. Kukharkin has over 20 years of experience in risk management, focusing on model risk assessment and management. He joined TIAA in 2017 after 14 years with UBS, where he held various roles within Risk Control function. Since 2014 Mr. Kukharkin was the Global Head of Model Risk Management & Control at UBS, where he led the design and implementation of a complete Model Risk Management framework. Previously, Mr. Kukharkin served as Vice President, Model Risk Officer at JPMorganChase Model Review Group for 5 years. 
Mr. Kukharkin holds PhD in Plasma Physics from Moscow Institute of Physics and Technology (Russia) and started his career in 1990s as a research physicist at the National Research Center “Kurchatov Institute” in Moscow, Russia, and later in the Department of Mechanical and Aerospace Engineering at Princeton University.

Steven Boras

EVP, head of risk architecture

Citizens Bank

Yakut Akman

Independent operational risk management consultant

Reference Point

Yakut Akman brings 35 years of diverse banking experience to her role of Chief Third Party Management Officer. She has responsibility, authority and accountability for the end-to-end Third Party Management Program, and leads global efforts to strengthen Citi's organizational framework, as well as processes and tools to manage third party risk.

Yakut's Citi career started in Istanbul, Turkey, as a Management Trainee. She then managed several trading support groups in New York ranging from Capital Markets and Fixed Income to Foreign Exchange, and was instrumental in establishing Citi's Interest Rate Derivatives Operations in the early 1990s. In 1996 she transferred to London as Director of Trade Services in Europe, managing Citibank's main service delivery hub in London supporting Europe.

Yakut is known for her abilities to connect operational details to the strategic business vision and drive meaningful change - an approach sharpened by many years in Operation & Technology and her role as Program Director in in Citi's Internal Audit, overseeing critical Investment and Consumer banking businesses, and also serving as Deputy Chief Auditor of Citi's Student Loan Corporation.

Prior to her current role, Yakut served as Global Head of Risk Management for Citi's Enterprise Infrastructure. Her responsibilities covered all operational risk disciplines including Information Security, Continuity of Business, and Third Party Management.

Yakut is a member of the Information Systems Audit and Control Association (ISACA) and is certified in CISA (Certified Information Systems Auditor). She is a Magna Cum Laude graduate of Mount Holyoke College with a degree in Economics.





Lunch break

12:00 - 12:50



Libor Summit USA Forum

Part I: Update on key milestones: where we are today in Libor transition?

12:50 - 13:30

Subadra Rajappa

Head US rates strategy

Societe Generale

Subadra Rajappa joined Societe Generale in October 2014 as Head of US Rates Strategy. In her current role she is responsible for publishing thematic research on US rates markets and highlighting relevant trading opportunities. She is a frequent speaker at internal and industry conferences where she presents her broader market views to the firm’s clients. She currently represents SG at the alternative reference rate committee (ARRC) and is actively involved in discussions with industry groups around transitioning to the new reference rate.

Subadra has over 20 years of experience in the financial industry. Previous at Morgan Stanley, she was a senior rates strategist focused on macro themes in the rates markets. She was the lead strategist covering many topics and presenting in-depth research in fixed-income derivatives, inflation, money markets and the evolving regulatory environment.

Subadra has extensive experience in global fixed-income markets including positions in research, sales and strategy at Morgan Stanley and Citigroup. She has a strong quantitative background and started her career in finance at Salomon Brothers as a quantitative analyst where she focused on emerging market derivatives and credit derivatives before transitioning to rates.

Jumana Poonawala

Senior vice president, chief program officer - LIBOR

US Bank

Jumana Poonawala, Senior Vice President, Chief Program Officer for the LIBOR Transition Office, U.S. Bank. The LTO is charged with the execution of a coordinated strategy to manage the transition away from LIBOR by end 2021. Jumana has 18+ years of financial advisory and operations experience, including ETF sub-advisory, in the asset management space.

She was an Investment Officer and Co-Head of the Global Trade & Supply Finance group at International Finance Corporation (IFC), a member of the World Bank. She has also held positions at Chatham Financial, an interest rate and currency hedging advisory firm based out of Pennsylvania and Deloitte Consulting in the Financial Services Group in New York. Jumana holds a BA in Economics from Brandeis University and an MPA in International Development Economics from Harvard University, where her research included publications on the analysis of the forward rate as a predictor of the future change in the spot exchange rate.

Ping Sun

Senior vice president of financial engineering


Dr. Sun, PhD is Senior Vice President, Financial Engineering at Numerix. He is also product manager of the Numerix CrossAsset analytics platform. During his career at Numerix, Dr. Sun’s work has appeared in number of publications and academic journals, and he has been showcased as a lecturer at a range of academic events and industry conferences. Dr. Sun served as a consultant to Lehman Brothers as a FX / EQ Desk Quant, and his is extensive experience includes working to develop the Numerix cross-currency Economic Scenario Generator. He earned a Doctorate Degree in Physics from City College of New York, and a Master’s Degree and Undergraduate Degree in Physics from Fudan University in Shanghai, China.

David Metzman

Senior policy advisor, division of trading and markets

US Securities and Exchange Commission

David Metzman is a Senior Policy Advisor in the SEC's Division of Trading and Markets where he currently helps to manage the SEC’s response to the LIBOR Transition and build out of the Consolidated Audit Trail and additionally has worked on matters including equity market structure, fixed income market structure, swaps and Volcker.  He joined the SEC in 2017 as a Counsel to the Director of Trading and Markets. 

Before joining the SEC, David served as General Counsel and Chief Compliance Officer, Aurelius Capital Management, a Registered Investment Advisor of hedge funds focusing on distressed and activist investing, Chief Legal Officer, Gramercy Funds Management, a Registered Investment Advisor of hedge funds focusing on emerging markets and quantitative investing, Associate General Counsel, Lehman Brothers and Associate, Sullivan & Cromwell.

David received his B.A., Phi Beta Kappa, from the University of Miami and his J.D., Order of the Coif, cum laude, from University of Pennsylvania Law School, where he was an Associate Editor of the Journal of International Business Law.

Robert Mackenzie Smith

Editor, US asset management

Part II: Building the infrastructure: what are remaining operational challenges for cash markets?

13:40 - 14:20

Jay Wolstenholme

Research director


Having joined Chartis in July 2020, Jay’s primary focus is to lead and build-out our offerings for the buy-side, both in asset management and wealth management. Buy-side is a focused area of Chartis’s expansion and we are delighted to have Jay leading this area which is increasingly important for both our clients and the industry in general. 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.

David Knutson

Head of credit research, North America, fixed income division


David Knutson is the Head of Credit Research - North America at Schroders, which involves managing the Investment Grade, Municipal, Emerging Market and High Yield research teams. He joined Schroders in 2016 and is based in New York.

David was a Senior credit research analyst at Legal and General Investment Management from 2007 to 2016, which involved coverage of global financial companies and emerging market issuers.

David is currently the Co-Leader of the Credit Roundtable and a member of the Alternative Reference Rates Committee (ARRC).  He is fluent in Spanish and conversational in Portuguese

Qualifications: Chartered Market Technician designation from the CMT Association; Certified Financial Risk Manager from the Global Association of Risk Professionals; CFA Charterholder from CFA Institute; MSc in Finance, Economics and Foreign Languages from Iowa State University of Science and Technology; BA in International Studies and Political Science with Minors in History and Foreign Languages from Iowa State Univeristy of Science and Technology.

Daniel Wynne

LIBOR Transition SME

National Australia Bank

Daniel is the SME to National Australia Bank’s Financial Benchmarks Project. Based in the UK branch he is advising on new RFR product development, customer outreach and internal training and monitoring industry trends across London and New York.  Daniel is a member of the Bank of England’s Cash Legacy Transition Task Force. Prior to working at NAB, Daniel has worked on a number of large scale regulatory and market structure change projects across major financial institutions

Dominic Brown

Field technology head, North America


Dominic Brown is the Field Technology Head at Intralinks in Waltham, MA. Dominic employs his 15 years of compliance and IT experience, along with Intralinks’ unique technology, to help organizations address challenges with sharing, distributing, and collecting highly confidential data. Prior to Intralinks, Dominic was the Chief Field Technologist at HP Autonomy Big Data, and Compliance Practice Manager at EMC. He holds a BA in History from the University of Massachusetts and a master’s degree in Information Technology from Harvard University.

Brad Small

Global fixed income product manager


Brad is responsible for the development of rates and credit analytics on the terminal, as well as development of core products for Enterprise Products and enterprise data. Brad’s current focus is primarily on the Libor Transition for fixed income securities. Prior to joining Bloomberg, he had 18 years’ experience as an Interest Rate Derivatives trader, most recently with ING as Head of North American FICC, and JP Morgan and Bear Stearns as a trader. Brad holds BBA’s in Finance and Accounting from Southern Methodist University.


Credit risk

Presentation: Credit risk and Covid-19: global practices and lessons for resiliency

12:50 - 13:30

Naeem Siddiqi

Senior advisor, risk & quantitative solutions


Naeem Siddiqi is the author of Credit Risk Scorecards : Developing and Implementing Intelligent Credit Scoring, (Wiley and Sons, New York, 2005), Intelligent Credit Scoring : Building and Implementing Better Credit Risk Scorecards (Wiley and Sons, 2017), and various papers on credit risk topics.

Naeem meets with senior executives and decision makers from between 40-50 lenders globally each year, and provides strategic advice to them on areas such as the development and validation of credit scoring models, climate change risk, infrastructure planning for analytics, and retail credit risk strategy. He has also trained hundreds of bankers in over 25 countries on the art and science of credit scorecard development, and helps credit risk analysts develop better scorecards.

Naeem has an Honours Bachelor of Engineering from Imperial College of Science, Technology and Medicine at the University of London, and an MBA from the Schulich School of Business at York University in Toronto.

Panel discussion: Default readiness: managing your loan portfolio in the economic downturn

13:40 - 14:20

Stevan Maglic

SVP, head of quantitative risk analytics

Regions Bank

Steve is Senior Vice President and head of Quantitative Risk Analytics at Regions Bank, where his current responsibilities focus on quantitative aspects of forecasting and stress testing, risk rating, valuation, economic capital, credit strategy, reserve methodologies and credit portfolio management. Steve has 20 years of industry experience in quantitative modeling and risk management and has prior experience building portfolio management and analytics infrastructure at Merrill Lynch, Bank of Montreal and ABN AMRO.

Steve has a Ph.D. in applied physics from Northwestern University, a B.S. in physics from University of Colorado in Boulder, and has held Series 7 and Series 63 certifications.

Aga Kamran Qizilbash

Managing director, country head, audit, and head of credit risk review, Americas

Standard Chartered Bank

Kamran leads Americas Audit (“GIA”) coverage effective and is a member of Standard Chartered Bank’s Americas Management Team.

Kamran joined GIA as Head of Credit Risk Review in April 2019 and has since rebuilt the team and driven the resolution of several historic regulatory issues. He was formerly the Global Head, Country and Reputational Risk, based in New York.

Previously, Kamran was Head of the Office (Chief of Staff) of the Group Chief Risk Officer, based in London. Kamran has broad business, risk and compliance experience, having previously held roles in Structured Finance and FM Commodities Structuring, based initially in Singapore.

Prior to joining Standard Chartered, Kamran was a tax consultant based in London, where he headed a multidisciplinary corporate tax team focusing on private equity and merger and acquisition transactions. Kamran is a Chartered Accountant (ICAEW) and holds an MBA from INSEAD.

Christopher Napoli

Senior vice president, global head of sales


Chris is an experienced executive with a demonstrated history of developing strategy, implementing its execution and building high-performing teams in the finance and technology industries.  He has held executive roles at Standard & Poor’s, EY, and BBH covering the gambit of data and analytics, from creation to monetization.

With more than 15 years of Financial Service and Technology experience across the globe, he has honed his knowledge in data-driven decision making.  He current leads the commercial division at diwo, an Intelligent Advisor Platform that accelerates the decision-making process for business users.  Chris is a CFA®charterholder

Darryl Ivan

Head of North America financial risk management


Darryl leads SAS’ risk practice in North America and has close to 20 years’ experience in banking, insurance, and risk management. Before joining SAS,  Darryl held positions as Chief Risk Officer at two OSFI regulated institutions, where he was responsible for the design and implementation of a comprehensive risk framework.  Prior, he held various lending and risk and capital management positions at one of Canada’s largest banks. 
Darryl holds a Bachelor of Engineering from McMaster University and an MBA from Schulich School of Business. 


Panel discussion: Covid-19 - the ultimate stress-test: what have we learned and how we can prepare better for next tail risk events?

14:40 - 15:20

  • How did the stress test hold up during the pandemic?
  • How different covid-19 is from the stress tests that banks have done over the past 10 years?
  • Not out of the woods yet: adapting scenarios and preparing for next few months
  • How has the pandemic changed the way you think about tail risk event scenarios?
Joseph Silverberg

Head of capital management & stress testing

Deutsche Bank

Joe Silverberg is the Head of Capital Management & Stress Testing in the Americas for Deutsche Bank and is responsible for DB’s CCAR submission and end-to-end capital planning process in the IHC and its subsidiaries. In this capacity he is responsible for assessing capital adequacy, (ii) driving change initiatives, and (iii) steering capital / balance sheet deployment.  Prior to this role he held positions across capital, controls, and regulatory management. Prior to joining DB, Mr. Silverberg was the Capital Management Lead at SunTrust Banks. In this role he was responsible for managing a variety of capital planning and stress testing activities, and for performing other enterprise-wide initiatives related to CCAR/DFAST submissions. Prior to joining SunTrust, Mr. Silverberg worked for Navigant Capital Advisors and KPMG’s Economic and Valuation Services practice, where he managed several engagements for financial services, technology, and manufacturing companies. He provided corporate finance advisory services, including securities and enterprise valuations for M&A, financial reporting, restructuring and tax purposes. Mr. Silverberg began his career as an equity trader, making markets in equities, derivatives, and ADRs. Mr. Silverberg is a CFA charterholder and earned his bachelor’s degree in Finance from University of Florida and an MBA from Emory University.

Arnisa Abazi

MD, head of wholesale credit allowance and stress testing


Xiaobo Liu

Managing director, corporate model risk management

Wells Fargo

Xiaobo Liu currently is a managing director of corporate model risk management at Wells Fargo with responsibilities for the validation of models used in derivative pricing, counterparty credit risk, and market risk. Prior to joining Wells Fargo, he was a managing director and head of Model Risk Management for Americas, Deutsche Bank A.G. with responsibilities for the regional model risk management policies, procedures, and validation. Previously, he was co-head of Model Validation Group for the Institutional Clients Group at Citi.

He has a P.h.D in Mathematics and is a CFA charter holder. His other working experiences include supporting Commodity Business at Morgan Stanley, FX Business at JP Morgan, and being an assistant professor at Clarkson University.

Emre Balta

Head of financial and compliance risk model validation

US Bank

Emre is leading the validation function covering PPNR, Treasury, market risk, counterparty risk, operational risk, AML/BSA, fair lending, and valuation/pricing models.

Emre has over 15 years of experience in credit, market and operational risk modeling across full spectrum of asset classes (retail, corporate, capital markets) and model risk management, including governance, framework design and implementation, model development, validation, regulatory strategy and remediation plans. Prior to his role at U.S. Bank, Emre was a principal in the Finance & Risk practice of Oliver Wyman and a senior financial economist at the Risk Analysis Division of OCC.

Kris Devasabai


Kris Devasabai is the New York-based editor-in-chief of Previously, he was bureau chief and US editor of Risk magazine. He manages the editorial team. Prior to joining Risk, Kris covered hedge funds, asset management, cross-border investing and law for several publications.

Kris holds a bachelor’s degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.


Closing keynote address: Vulnerabilities in the financial and economic systems

15:30 - 16:00

S.P Kothari

Chief economist, director of the division of economic and risk

U.S. Securities and Exchange Commission

S.P. Kothari was named the Chief Economist and Director of the Division of Economic and Risk Analysis (DERA) in March 2019. In this role, he oversees economists, data scientists, and other professionals who provide financial economics and data science in support of the SEC’s mission.

Dr. Kothari joined the SEC from the Sloan School of Management at the Massachusetts Institute of Technology (MIT), where he was a professor of accounting and finance and a former Deputy Dean.

Dr. Kothari spent nearly two decades at MIT, both as a professor and as an administrator. His research interests include financial reporting, valuation, asset allocation, international accounting practices, executive compensation, investment performance, and derivatives.

Dr. Kothari has served as the Co-Chair of the Board of Governors Asia School of Business, Kuala Lumpur, faculty director of the MIT-India Program, and editor of the academic publication Journal of Accounting & Economics. In 2008, he served as global head of equity research for Barclays Global Investors, where he was responsible for research supporting the firm’s active equity strategies and for managing a team of approximately 50 PhDs based around the world.

Dr. Kothari received his B.S. in Engineering from the Birla Institute of Technology & Science and his MBA from the Indian Institute of Management. Dr. Kothari earned his PhD from the University of Iowa.

Dr. Kothari has received honorary doctorates from University of Technology, Sydney (2013), University of Cyprus (2017), and London Business School (2019).


Closing remarks. End of day one.
Stay on the platform for meetings you scheduled during the day!

16:00 - 16:10

AI models and ethical algorithm, innovation & digitalization, fintech, BCM framework, operational risk


Welcome address

08:50 - 09:00

Ben Steiner

Chief-of-staff, global fixed income

BNP Paribas Asset Management

Ben handles business management and chief-of-staff responsibilities for the CIO of the Global Fixed Income division of BNP Paribas Asset Management.

He has over 18 years of industry experience with hedge funds and investment managers in London and New York.

Over his career, he has been a Head of Model Development, Portfolio Manager for Absolute Return, Research Manager & Senior Quantitative Researcher. His experience covers multiple asset classes: from default and loss models in the less liquid markets  (Private Debt and Real Estate) to alpha models in the more liquid (Non-traditional Bond; Managed Futures; Global Macro and Equity Long/Short).

He holds a BA (Hons) in Economics from The University of Manchester and an MSc in Mathematical Finance from Imperial College London. Since 2013, Ben has served on the Board of Directors of the Society of Quantitative Analysts (SQA).

Despite now being a reformed quant, he’s still invited to present on deep learning and model risk management topics at Columbia & NYU, as well as industry events.


Keynote address: The ethical algorithm

09:00 - 09:30

Michael Kearns


University of Pennsylvania

Dr Michael Kearns is Professor and National Center Chair in the Department of Computer and Information Sciences at the University of Pennsylvania, with secondary appointments in the departments of Economics, and in Statistics, and Operations, Information and Decisions of the Wharton School. Kearns is the Founding Director of Penn’s Warren Center for Network and Data Sciences, as well as the Penn Program in Networked and Social Systems Engineering. His research includes topics in machine learning, algorithmic game theory, computational social science, and quantitative finance and algorithmic trading.

Kearns spent a decade at AT&T Bell Labs, where he was head of the AI department, which conducted a range of systems and foundational AI and machine learning research. He has consulted extensively in the technology and finance industries, and is currently Chief Scientist of MANA Partners, a New York trading and technology company. He studied maths and computer science at UC Berkeley, and completed his PhD in computer science at Harvard University in 1989. He is an elected Fellow of the American Academy of Arts and Sciences, the Association for Computing Machinery, the Association for the Advancement of Artificial Intelligence, and the Society for the Advancement of Economic Theory.


Panel discussion: Rewriting the playbook for the business continuity management (BCM) framework

09:40 - 10:20

  • How has your BCM program performed at the heights of the outbreak?
  • For many, prolonged social distancing measures were not a part of the BCM plan: how will it change now?
  • How your views on technology, infrastructure and teams have changed?
  • What improvements you are making to your BCM planning in the light of the current events?
  • How can regulators expectations might change for individual organizations and the entire sector?
Joseph Iraci

MD, financial risk management, CRO, lecturer and author

former TD Ameritrade, UBS, BNY Mellon

Joe Iraci is a Managing Director at TD Ameritrade where he heads the Financial Risk Management team. Prior to this position he headed the Financial Markets Services Group, and the Corporate Risk team. Prior to joining TD Ameritrade Joe held several senior risk management positions within Fidelity Investments at both Fidelity Employer Services Corporation and Fidelity Brokerage Company. Joe previously had been the Head, New Business Operations, UBS AG, and the Regional Head Americas / Deputy Global Head of Operational Risk at Deutsche bank AG, a position he assumed from heading the Business Risk Management for Deutsche Bank's Corporate Trust and Agency Services business. Prior to joining Deutsche Bank, Joe had been a Bank Examiner with the FDIC and served in the United States Marine Corps. Joe completed his undergraduate studies at St. John's University and received his MBA from New York University.

Rajat Baijal

Managing director, global head of enterprise risk

Cantor Fitzgerald

William Raisch

Executive director, International Center for Enterprise Preparedness (InterCEP)

New York University

Bill Raisch is the founding Director of the International Center for Enterprise Preparedness (InterCEP) at New York University. 

InterCEP was established in 2004 as the world’s first research, development and engagement center dedicated to operational risk and resilience.  The Center’s mission is to work globally to advance business, government and NGO collaboration on shared risks to their operations spanning the spectrum of natural, technological and man-made threats. 

Bill has over 30 years of experience in the private sector spanning roles in both privately held and publicly traded corporations.   His background includes management roles in financial services, publishing, agriculture and project consulting in a diversity of industries and managing several start-up efforts addressing new business innovations and technologies.

InterCEP core programs directly leverage multi-organizational collaboration on shared risks and include:

  • The Security Operations Collaboration Network (SOC-NET) is a trusted community of multi-national corporations that share day-to-day operational intelligence as well as best practices 24/7/365.  SOC-NET continues to grow as the first truly global private sector intelligence and collaboration network. 
  • The Metropolitan Resilience Network is a global prototype for regional public-private collaboration focused on advancing the resilience of metropolitan areas.

Bill received his B.A. (Government & Economics) and M.B.A. from Cornell University.

Martha Cummings

Global risk professional

Global risk professional

Martha Cummings is a global leader with extensive financial services expertise including governance, regulatory supervision, risk management, investment banking, and business transformation.

Martha established and built out an enterprise compliance function at Wells Fargo, leading a major transformation including setting the strategy, employing new processes and technology, and remediating weaknesses. She was the senior supervisor for several G-SIFIs while at the Federal Reserve and represented the US on the Basel Supervision Implementation Group.

Martha was CRO for Banco Santander NY and Santander Investment Securities, and later led financial sponsor coverage for North America. Earlier in her career, Martha led groundbreaking capital markets transactions for public and private Latin American clients and advised global companies on M&A and financing strategies.

Martha holds an MBA from the Wharton School and an MA in International Studies from the Joseph H. Lauder Institute of Management & International Studies, and earned a BA in Economics with a minor in Spanish from the University of Minnesota. She speaks fluent Spanish and Portuguese, and basic French.


Morning break and opportunity to network on Brella

10:20 - 11:00


Reflecting on business continuity management in 2020
Private breakfast briefing with IBM

11:00 - 12:00

As business continuity management (BCM) and operational resiliency topics have risen across organizations, as a result of COVD-19, the long-term effects are still unknown. With an understanding that the maturity of BCM programs varies greatly from organization to organization and operational resiliency has been put to the test from COVID-19, IBM OpenPages is hosting this roundtable to discuss the lessons learned and challenges that remain for improving business continuity management in 2020 and beyond. Participants are encouraged to freely discuss and reflect on their experiences implementing BCM programs over the past year. Participants will also hear from IBM OpenPages experts on best practices for executing a BCM program and where to focus next as plans evolve.

Heather Gentile

Director of RegTech offerings

IBM Data and AI

As Director of RegTech Offerings within IBM’s Cloud and Cognitive division, Heather is responsible for product strategy of IBM’s GRC and financial crimes portfolio. During the past 18 years, she has specialized in developing solutions to optimize regulatory compliance initiatives and the need for automation, AI and cognitive in support of risk and compliance programs and financial crimes monitoring. Prior to joining IBM, Heather was responsible for overseeing the compliance analytics division of regulatory solutions at Wolters Kluwer.

Joshua Andrews

Offering manager

IBM OpenPages with Watson

Joshua Andrews is an Offering Manager for OpenPages with Watson where he focuses on the Business Continuity Management and Regulatory Compliance Management solutions. He is a licensed attorney with eight years of experience in the financial services industry. Since joining IBM, he has focused on automating regulatory change management and building out the business continuity management solution.


Lunch break

12:00 - 12:50



Digitalization, data and fintechs

Panel discussion: Is model risk data risk?

12:50 - 13:30

Agus Sudjianto

Head of model risk

Wells Fargo

Agus Sudjianto is an executive vice president and head of Corporate Model Risk for Wells Fargo, where he leads a highly technical team to manage model risk across the enterprise. Prior to his current position, Agus was the modeling and analytics director and chief model risk officer at Lloyds Banking Group in the United Kingdom,where he was responsible for the enterprise development and oversight of all risk management models (retail and wholesale credits, market, regulatory capital, stress testing, asset liability management, and insurance).

Sven Sandow

Global head of credit and operational risk analytics

Morgan Stanley

Sven Sandow is the Global Head of Credit and Operational Risk Analytics at Morgan Stanley. During his 20-year career in the financial industry, Sven has worked in various quantitative modeling, risk management, and capital management capacities. Prior to Morgan Stanley, he worked at Merrill Lynch and Standard & Poor’s. Before he joined the financial industry, Sven worked as a physicist at the Virginia Polytechnic Institute and the Weizmann Institute of Science. He has been an active researcher in physics, finance, and machine learning. His research has been published in academic journals, and he coauthored a book on learning from data. Sven holds a Ph.D. in physics from the Martin-Luther-University Halle-Wittenberg in Germany.

Ben Steiner

Chief-of-staff, global fixed income

BNP Paribas Asset Management

Ben handles business management and chief-of-staff responsibilities for the CIO of the Global Fixed Income division of BNP Paribas Asset Management.

He has over 18 years of industry experience with hedge funds and investment managers in London and New York.

Over his career, he has been a Head of Model Development, Portfolio Manager for Absolute Return, Research Manager & Senior Quantitative Researcher. His experience covers multiple asset classes: from default and loss models in the less liquid markets  (Private Debt and Real Estate) to alpha models in the more liquid (Non-traditional Bond; Managed Futures; Global Macro and Equity Long/Short).

He holds a BA (Hons) in Economics from The University of Manchester and an MSc in Mathematical Finance from Imperial College London. Since 2013, Ben has served on the Board of Directors of the Society of Quantitative Analysts (SQA).

Despite now being a reformed quant, he’s still invited to present on deep learning and model risk management topics at Columbia & NYU, as well as industry events.

Sri Krishnamurthy



Sri Krishnamurthy, CFA, is the founder of QuantUniversity, a data and quantitative analysis company, and the creator of the Machine Learning for Model Risk Management Certificate program. He has more than 20 years of experience in analytics, quantitative analysis, statistical modeling, and designing large-scale applications. He has also consulted with many organizations in establishing model governance practices. Previously, Mr. Krishnamurthy has worked for Citigroup, Endeca, and MathWorks and has consulted with more than 25 customers in the financial services and energy industries. He has trained more than 1,000 students in quantitative methods, analytics, and big data in the industry and at Babson College, Northeastern University, and Hult International Business School, many of whom work in data science roles at financial services firms. 

Mr. Krishnamurthy earned an MS in computer systems engineering and an MS in computer science from Northeastern University and an MBA with a focus on investments from Babson College. Sri serves on the QWAFAFEW steerage committee and is a reviewer for the Journal of Asset Management.

Panel discussion: How did the fintech industry hold up in the crisis?

13:40 - 14:20

Yael Heller

Global counterparty risk specialist

Citi Fintech

Yael is the Global Counterparty Risk Specialist for Citi FinTech, within Citi’s Institutional Clients Group (ICG). Her team is charged with measuring and assessing the risk of new disruptive business models and potential Citi partners. The Risk unit ensures that Citi takes calculated credit risk to obligors in a rapidly adapting and evolving landscape.

Yael has held several key Risk roles during her tenure at Citi, most recently Senior Credit Officer (SCO) of North American Banks and Finance Companies for four years. As SCO, she was responsible for the day-to-day approvals and monitoring of this portfolio. Prior to that role, Yael served as SCO for North American Private Equity Funds and Advisors, Regulated Funds, Asset Managers, and Pensions for seven years. She provided value-added services and benefits to internal clients, as well as implementing and managing transformation initiatives to improve capital allocation and reporting.

Prior to her career at Citi, Yael was a Vice President for the Sales and Structuring of Loan TRS at RBS. For the seven years prior, she was a Credit Officer at JPMorgan for Structured Products. Yael began her career at E&Y as a Quantitative Risk Management consultant building various market risk models.

Ido Lustig



Ido Lustig is the Chief Risk Officer of BlueVine, a Silicon Valley-based fintech startup that provides working capital financing to small and medium-sized businesses. A veteran data scientist and risk manager, Ido helped develop BlueVine’s fully-online cloud-based platform for invoice factoring, revolutionizing the 4,000-year-old financing system that allows businesses to receive cash advances on outstanding invoices. Ido spearheaded the creation of BlueVine’s top-notch Risk organization which is spread between California and Israel, and has played a critical role in expanding the company’s ability to offer fast and flexible online financing to entrepreneurs. Before joining BlueVine, Ido led PayPal’s behavioral analytics department, heading the creation of the company’s risk models’ features. Ido received his bachelor of law degree from Tel Aviv University.

Gene Yoshida



A risk management and compliance professional with a proven record in developing innovative solutions to meet business needs within risk tolerances and regulatory requirements. Ability to establish rapport and credibility with business partners, while at the same time ensuring that risks are managed prudently. A practitioner of operational, credit, and new product risk and compliance at the line and in an oversight capacity. Diverse background in FinTech, asset management, insurance, real estate, and consumer finance.

Jay Wolstenholme

Research director


Having joined Chartis in July 2020, Jay’s primary focus is to lead and build-out our offerings for the buy-side, both in asset management and wealth management. Buy-side is a focused area of Chartis’s expansion and we are delighted to have Jay leading this area which is increasingly important for both our clients and the industry in general. 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.


Operational risk

Panel discussion: Assessing cyber and fraud resilience during the pandemic: how to withhold an increased volume and frequency of security breaches?

12:50 - 13:30

Mandar Rege

Managing director, operational risk management, technology and cybersecurity


Mandar has over 20 years of engineering and risk management experience across Technology Operations, Governance and Audit, helping organizations meet business objectives through technology. Currently he is serving as a Managing Director at Citigroup in the Operational Risk group. Prior to Citi, Mandar was the Global CTRO at TD Bank Group, before which he served as the CTRO and CISO at the Bank of Montreal. In his prior career, Mandar has worked extensively with financial institutions globally through leadership roles at Cisco Systems, Inc., Accenture LLC, Alvarez & Marsal LLP,  KPMG LLP and Ernst & Young LLP.

Mandar is an active member of the professional community and has presented at industry forums like Risk.Net, RSA and IAPP Conferences. Additionally, he is active in various profesional organizations such as ISACA, IAPP and ISC2 and has served as the Chair of the Canadian Banking Association’s CIRT (CISO Forum). He holds the CISSP, CIPP, CISA, and PMP certifications.


Paul Milkman

Head of technology & operations risk management, CISO


Michael Lee

Financial economist

Federal Reserve Bank of New York

Michael Lee is a Financial Economist in the Research and Statistics Group of the Federal Reserve Bank of New York. His research interests include corporate finance, financial markets, and financial institutions. Michael completed his Ph.D. in Finance from the Wharton School at the University of Pennsylvania in May 2016.

Steve Marlin

Staff writer

Erik Vynckier

Board member

Foresters Friendly Society

Erik Vynckier is board member of Foresters Friendly Society, general partner of InsurTech Venture Partners and chair of the Institute and Faculty of Actuaries (Research and Thought Leadership Board), following a career in investment banking, insurance, asset management and the petrochemical industry.

He co-founded EU initiatives on high performance computing and big data in finance and co-authored “High-Performance Computing in Finance” and “Tercentenary Essays on the Philosophy and Science of Leibniz”.  Erik graduated as MBA at London Business School and as chemical engineer at Universiteit Gent.

Panel discussion: Vendor resiliency: What questions you need to ask you third parties during extreme events?

13:40 - 14:20

Alpa Inamdar

Head of TPG advisory group

BNY Mellon

Alpa is Head of Third Party Governance Advisory Group. Prior to this role she was head of the Americas Business Change Group within Asset Servicing, where she was responsible for the management and oversight of client implementations. She oversees the strategy and execution of cross functional transition plans for new business opportunities and high profile, complex initiatives for existing clients.

Alpa is responsible for strategic planning, organizational restructuring, client relationship management, compliance, and risk. Prior to joining BNY Mellon, Alpa served as Vice President and Chief of Staff in the Regulatory and Tax Operations division at Goldman Sachs & Company. She was a global project manager for the Federal Preparedness program. Prior to Goldman Sachs, Alpa served as Cost Allocation Specialist for Societe Generale. She led various assignments at Fluor Daniel Corporation including overseeing a Nuclear Waste clean-up project costing in excess of $5 billion and the implementation of SAP system. She has a successful track record as a leader in managing complex client relationships, risk management, and transformation.

At BNY Mellon, Alpa is a chair of the IMPACT South Asian Leadership Hub. Currently Alpa sits on the board for Pratham and Ascend Leadership. Alpa is a Steering Committee Member for Shared Assessments.

Alpa is the program creator for Women Helping Women in Finance by helping young college women jumpstart their career within financial services through mentorship and exposure to the Financial Industry. She also created a program called Take 2 with the objective to increase the success for women returning to the workplace by providing them with an opportunity to explore a new career path or reacquaint themselves with new market trends or changes in their area of expertise after an extended career break.

Alpa earned a Master of Business Administration and Bachelor of Arts in Finance from California State University.

John Ingold

Head of third party risk

T. Rowe Price

John Ingold is the Head of Third Party Risk at T. Rowe Price where he leads a team that develops and delivers actionable third party risk intelligence to business unit decision makers, and to senior and executive management. He has 15 years of experience in Risk Management, Vendor Management, and Supply Chain Management.

Prior to joining T. Rowe Price in 2013, he was Senior Manager of Supply Chain Management at CSC where he led supply chain policy and process improvement efforts, spend analytics, and executive reporting. Earlier, John led financial services industry efforts to collaborate on non-competitive risk management issues in information security and vendor management from the BITS division of the Bank Policy Institute (fka The Financial Services Roundtable). He earned his law degree from The George Washington University Law School and is a member of the DC Bar.


Jennifer Bisceglie

Chief executive officer & founder

Interos Inc

Jennifer Bisceglie is the President and CEO of Interos Solutions, Inc. a supply chain risk management (SCRM) SaaS provider. Leveraging more than 20 years of experience in managing and mitigating risks in supply chains across US Federal and Commercial customers. Jennifer is a sought after expert on the impact of cyber risk and supply chain risk on US and global economies.

Sidhartha Dash

Research director


Sid is a research director at Chartis Research with more than 20 years of experience in the financial, energy and commodities markets in various functions across the trade and software development lifecycles. He has held various roles in product development, trading, risk management, software development and consulting in banks, hedge funds, and risk advisory and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant.

Sid’s specific areas of interest and research include risk data, model risk management, quantitative models in illiquid markets, high-performance analytics, energy and commodity trading risk, market structure design, new computational models, and the use of innovative mathematical methods in various emerging areas of risk management .He has a MBA from the Indian Institute of Management and is a qualified Chartered Alternative Investment Analyst CAIA, Financial Risk Manager (FRM) ,Energy Risk Professional (ERP), Member of GARP and CIPM from the CFA institute.



Panel discussion: Challenges in model risk governance with the rapid growth in AI models

14:30 - 15:10

  • How do you deal with a large number of tools available for building AI models? How to prevent a cottage industry?
  • With it becoming easier to develop machine learning models, how are you keeping up with the governance of all these models? 
  • How are you dealing with resourcing and scaling of this greater volume of AI models? i.e. there is a new skillset required to validate AI models, also AI models are more complex, therefore take longer to validate
Marc Cassagnol

Senior associate offering manager


Marc Cassagnol is an Offering Manager for IBM’s RegTech portfolio responsible for the Model Risk Governance solution of IBM OpenPages with Watson. Additionally, he is responsible for IBM Assessment for Third Party Risk Management, as well as the IBM FIRST and IBM OpData risk case studies databases. For the past decade, he has helped IBM (and previously Algorithmics) with improving their offerings in the GRC space. He has an educational background in quantitative modelling, mathematics and physics.

Piero Monteverde

Assistant chief model risk officer

Capital One

Piero joined Capital One in 2011 to lead one of the first full-time Model Validation teams at the company. He currently serves as Assistant Chief Model Risk Officer within the Enterprise Model Risk, Analytics and Data organization. His group is responsible for the validation of models related to stress testing, finance, and loss forecasting. He is also responsible for the Model Risk Office Governance, Project and Process Management teams.

Piero has more than 22 years of experience in the financial industry and has spent the past 17 years as a manager of market, model, and valuation risk for large financial institutions, such as Bank of America / Countrywide, Ally Financial, and Barclays Capital, prior to joining Capital One. Piero obtained a bachelor’s degree from Universidad del Pacifico (Lima, Peru), and he has a master’s degree and Ph.D. ABD in Economics from University of Miami.

He lives in Northern Virginia with his wife.

Harsh Singhal

Head of decision science and artificial intelligence validation

Wells Fargo

Harsh Singhal is Head of Decision Science and Artificial Intelligence Validation within the Model Risk group. His team is responsible for validating and approving all retail Credit Decision, Commercial Credit Rating, Financial Crimes & Fair Lending including Fraud and BSA/AML, Operations Risk, Marketing, and other artificial intelligence/machine learning models.

Prior to his current position,  Harsh was responsible for new model development for Wholesale Risk in Bank of America. Harsh also led the Retail IRB model qualification at Bank of America and contributed towards the development of first generation of deposit balance models for Asset-Liability management.

Prior to joining the financial industry, he worked on quantitative modeling for pharmaceutical and telecom industries. He is passionate about developing quantitative talent and fostering a culture of responsibility and intellectual curiosity. His technical expertise includes machine-learning, multivariate analysis, commercial and consumer credit.

He has a Master’s degree in Electrical Engineering and a Ph.D. in Statistics.

Xinyu Wu

Head of AI/ML model validation

U.S. Bank

Xinyu is currently heading the AI/ML model validation team in U.S. Bank. Her team is responsible for developing validation expertise on AI/ML best practices and providing overarching support and consulting services across business areas. Prior to U.S. Bank, she has held multiple roles managing enterprise modelling and advanced analytics teams to develop risk and marketing models and strategies for consumer credit products in Discover Financial Services, HSBC and TransUnion in the last 15+ years. Xinyu receives her Ph.D (ABD) in Neuroscience and M.S. in Statistics from University of Illinois at Chicago.

Philip Harding

Contributing editor

Phil leads the development of specialist content and thought leadership across the portfolio and is a regular contributor to publications and events. An experienced financial and B2B publisher and editor, his work spans sectors including risk management, insurance, investment, banking and technology.


Panel discussion: How has forced digital adoption changed how you think about the future of financial firms

15:20 - 16:00

  • What have you learned about your teams while working from home?
  • What skills and experiences you wish you had in your team?
  • How companies might need to change their offerings due to the changed clients’ behavior?
  • Will escalated digital adoption change your company’s business strategy and organizational structure?
Paul Milkman

Head of technology & operations risk management, CISO


Steven Boras

EVP, head of risk architecture

Citizens Bank

Prasanna Someshwar 

CRO, wealth & investment management

Wells Fargo

Brad Carr

Managing director, digital finance

Institute of International Finance

Brad Carr is the Managing Director of Digital Finance at the Institute of International Finance (IIF). He leads the IIF’s program on data policy, machine learning, digital identity, transformation, RegTech, cloud and digital currencies. He had led the IIF’s comprehensive industry research on the adoption of machine learning in credit risk and anti-money laundering, and industry positions papers on explainability, bias, ethical use and supervisory oversight.

Brad previously led the IIF’s advocacy on the finalization of Basel III, as well as the IIF-ISDA Cumulative Capital Impact study and the IIF RWA Task Force review of banks’ credit risk modelling practices. Prior to his 6 years with the IIF, Brad worked at National Australia Bank for 15 years in credit, portfolio management and as a relationship manager for financial institutions clients. His qualifications include a Bachelor of Economics from the University of Western Australia and a Masters in Science & Technology Commercialization from the University of Adelaide.

Dominic Brown

Field technology head North America


Dominic Brown is a Field CTO at Intralinks in Waltham, MA. Dominic employs his 15 years of compliance and IT experience, along with Intralinks’ unique technology, to help organizations address challenges with sharing, distributing, and collecting highly confidential data. Dominic helps organizations understand and change internal procedures to deploy technology solutions that dramatically reduce the risk and expense associated with secure data exchanges. He has spent his career working with the Fortune 1,000 and North America’s largest government agencies. This work includes hands-on legal technology consulting, as well as leading teams to build and deploy collaboration, eDiscovery, and compliance solutions.


Closing remarks. End of day two.
Stay on the platform for meetings you scheduled during the day!

16:00 - 16:10

Climate risk, model risk, market risk, ESG investing, portfolio risk management, the new shape of liquidity


Welcome address

08:50 - 09:00

Anthony McCann


Selby Jennings

Anthony McCann is VP at Selby Jennings, a micro-specialized financial services recruitment firm operating under the umbrella company Phaidon International. In his role as Head of the US Risk Management recruitment team he is responsible for managing a group of consultants who provide risk management recruitment services to a variety of financial institutions across North America. Anthony and his team also regularly partner with top ranked universities and gives presentations around career advice to future risk management and quant analytics professionals in Masters and PhD graduate programs at NYU, Columbia, and Fordham to name a few. Since joining Selby Jennings in 2015 Anthony has successfully built out our coverage across all risk verticals and further developed our audit recruitment team. He has been personally responsible for entire quantitative risk team builds across our top sell side and buy side clients. In addition to being engrained in the day to day recruitment efforts, Anthony continues to act as an account manager for some of Selby Jennings’ largest Investment Banking, Hedgefund, and Fintech clients.



Opening keynote address

09:00 - 09:30

Fireside chat on climate-related market risk with Rostin Behnam, commissioner, Commodity Futures Trading Commission. Interviewed by Louie Woodall, editor,

Rostin Behnam


The U.S Commodity Futures Trading Commission

Rostin Behnam was nominated by President Trump as a Commissioner of the U.S. Commodity Futures Trading Commission on July 13, 2017, was unanimously confirmed by the Senate on August 3, 2017, and was sworn in to serve as a Commissioner on September 6, 2017 for term expiring in June 2021.

Prior to joining the CFTC, Mr. Behnam served as senior counsel to U.S. Senator Debbie Stabenow of Michigan, Ranking Member of the Agriculture, Nutrition, and Forestry Committee. Mr. Behnam served as counsel to Senator Stabenow since 2011, focusing on policy and legislation related to the Commodity Futures Trading Commission and the Department of Agriculture.
Prior to serving Senator Stabenow, Mr. Behnam practiced law in New York City and worked at the New Jersey Office of the Attorney General. Mr. Behnam is a graduate of Georgetown University and earned a J.D. from the Syracuse University College of Law.


Louie Woodall

Editor, Quantum

Louie Woodall is the editor of Risk Quantum. He was previously deputy editor for's risk management desk, and before that covered equity derivatives and structured products for the derivatives desk. Louie holds a bachelor’s degree in modern history and politics from the University of London.


Spotlight on climate risk: the race to discovering effective processes and models to account for the growing risk of climate change

09:40 - 10:40

  • How are financial firms addressing risks related to climate change?
  • How does climate risk impact your firm’s strategy and relationships with your clients?
  • How insurers are managing climate risk? What are they doing to protect themselves?
  • What steps your organization is taking to reduce carbon footprint of the industry
  • How has Covid- 19 altered climate risk management?
Judith Hilton


DWS Americas

Adele Morris

Joseph A. Pechman senior fellow, economic studies & policy director, climate and energy economics project

Brookings Institution

Adele Morris is the Joseph A. Pechman senior fellow in Economic Studies and the policy director for Climate and Energy Economics at the Brookings Institution. Her research informs critical decisions related to climate change, energy, and tax policy. She is a leading global expert on the design of carbon pricing policies.

She joined Brookings in July 2008 from the Joint Economic Committee (JEC) of the U.S. Congress, where she advised members and staff on economic, energy, and environmental policy. Before her work in Congress, Morris was the lead natural resource economist for the U.S. Treasury Department for nine years. In that position, she informed and represented Treasury’s positions on agriculture, energy, climate, and radio spectrum policies. On assignment to the U.S. Department of State in 2000, she led negotiations on land use and forestry issues in the international climate change treaty process. Prior to joining the Treasury, she served as the senior economist for environmental affairs at the President’s Council of Economic Advisers during the development of the Kyoto Protocol. Morris began her career at the Office of Management and Budget, where she oversaw rulemaking by agriculture and natural resource agencies. She holds a Ph.D. in Economics from Princeton University, an M.S. in Mathematics from the University of Utah, and a B.A. from Rice University.

Nathalie Jaubert

Deputy head of group corporate social responsibility

BNP Paribas

Nathalie Jaubert has joined the Corporate Social Responsibility of BNP Paribas in 2010 and is deputy head of since 2014. CSR is a team of 30 persons and a network of 150 correspondents. She is more specifically in charge of promoting environmental and social dimensions in risk analysis and banking product; relation with stakeholders and extra-financial data. Before joining the Group, she has been working as an internal auditor in Société Générale and as a relationship manager in structured finance, specialized in commodities in SG and in BNP Paribas Switzerland.

Colin Church

Global head of climate risk and crisis risk management


Colin is Global Head of Climate Risk and Crisis Risk Management responsible for delivering Citi’s firm wide strategy and response to the challenges of Climate Risk Management and a member of the Risk Management Executive Council. Previously Colin was EMEA CRO responsible for market, credit and operational risk in the region and established Citi’s global “second line” Cyber Risk Management function. In addition to these responsibilities he led Citi’s cross-divisional contingency planning and crisis management responses to the Arab Spring, GIIPS, Russia/Ukraine conflict, Argentina and most recently UK Referendum and Brexit.

Matthew Lightwood

Director, risk and capital management


Matthew Lightwood, Ph.D, BSC (HONS), is a Director at Conning where he is responsible for product management, quantitative modeling and providing technical expertise in economic modeling to support both prospective and new clients using the GEMS® economic scenario generator. Prior to joining Conning in 2009, he was employed as a Senior Risk Consultant, where he was responsible for financial modeling as well as managing and implementing large professional services projects for financial clients. Matthew is a graduate of the University of Manchester and University College London, where he earned a BSC (HONS) in Physics with Astrophysics and a Ph.D in High Energy Particle Physics.


Coffee break and opportunity to network on Brella

10:40 - 11:20


Cognitive technologies and decision making in risk management
Innovation Think Tank

11:20 - 12:00

In the age of data abundance, increasingly sophisticated AI-based algorithms and the growing talent pool, how will risk management evolve in the next few years? In this interactive session, senior risk management professionals will discuss what cognitive technologies are on their radar and how they anticipate the new-generation AI tools and machines change the way we detect, predict and manage risks.

Hany Farag

Senior director and head of risk methodology and analytics


Hany Farag is Senior Director and Head of Risk Modelling and Methodology at CIBC. Prior to his current position he was a partner at Eastmoor Capital Partners, LLP; Managing Director and Head of FX Statistical Arbitrage at CIBC; and Head of Quantitative Research at OANDA Corporation. Prior to his industry positions he was a Postdoctoral Fellow at Caltech and at Rice University. He holds a PhD in Mathematical Analysis from Yale, a MS in Theoretical Physics from Yale, and a BSC in Electronics and Communication Engineering from Ain Shams.

Sidhartha Dash

Research director


Sid is a research director at Chartis Research with more than 20 years of experience in the financial, energy and commodities markets in various functions across the trade and software development lifecycles. He has held various roles in product development, trading, risk management, software development and consulting in banks, hedge funds, and risk advisory and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant.

Sid’s specific areas of interest and research include risk data, model risk management, quantitative models in illiquid markets, high-performance analytics, energy and commodity trading risk, market structure design, new computational models, and the use of innovative mathematical methods in various emerging areas of risk management .He has a MBA from the Indian Institute of Management and is a qualified Chartered Alternative Investment Analyst CAIA, Financial Risk Manager (FRM) ,Energy Risk Professional (ERP), Member of GARP and CIPM from the CFA institute.



Lunch break

12:00 - 12:50



Buy-side Risk USA Forum

Panel discussion: Rethinking multi-asset portfolio strategies to capture velocity of changes

12:50 - 13:30

Andrew Chin

Chief Risk Officer and Head of Quantitative Research


Andrew Y. Chin is the Chief Risk Officer and Head of Quantitative Research for AB. As the Chief Risk Officer, Chin oversees all aspects of risk management to ensure that the risks being taken are well understood and appropriately managed.  In the Quantitative Research role, he is responsible for the firm’s data science strategy and for optimizing the quantitative research infrastructure, tools and resources across the firm’s investing platforms. He joined the firm in 1997 and held various quantitative research roles in New York and London.  In 2004, Chin became a senior portfolio manager for Style Blend Equities. In 2005, he was named director of Quantitative Research for Value Equities. Prior to joining the firm, Chin was a project manager and business analyst in Global Investment Management at Bankers Trust from 1994 to 1997.

Chin teaches in the School of Operations Research and Information Engineering (Master of Financial Engineering Program) at Cornell University.  He also leads teams of students on capstone projects utilizing quantitative and data science skills to address investment issues.

Chin earned a BA and an MBA from Cornell University.

Aymeric Kalife

Chief executive officer & adjunct professor

iDigital Partners & Paris Dauphine University Paris Dauphine University

Prof. Aymeric Kalife is a Partner of the "iDigital Partners" consulting company specialized in digital transformation, and an Associate Professor in Finance at Paris Dauphine University. He was the Head of Savings & Variable Annuities and deputy Life Group Chief Actuary at AXA Group which he joined in 2007. Prior to AXA, Aymeric was a volatility strategist at Deutsche Bank, a hybrids derivatives structurer at Merrill Lynch, a quant analyst in commodities derivatives at EDF and in interest rates derivatives at ABN AMRO. His research interests are in market liquidity risk for flow / structured products, variable annuities, and insurance policyholders' behavior. He holds masters degrees from Polytechnique, HEC Business Schools, ENSAE, Sorbonne and Science Po, and a Ph.D at Paris Dauphine University & ESSEC business school

Andrew DeMond

Head of multi asset class factor research


Andrew DeMond is an Executive Director in the Fixed Income and Multi-Asset Class Research group and the head of MAC factor research. His responsibilities include risk model integration, fixed income and credit, alternatives, macroeconomic and MAC systematic strategy factor research. Since joining MSCI in 2008 he has also worked on securitized products and sovereign risk. He holds a PhD in Biophysics from the University of California-Berkeley and a B.A. in Physics from Reed College.

Racim Allouani

Head of portfolio construction and risk management


Racim Allouani (New York) joined KKR in 2015 and oversees the Risk Management and Portfolio Construction efforts across KKR's Public Credit, Private Credit and Special Situations businesses. Prior to his current role, Mr. Allouani had a similar responsibility in the Hedge Funds business. Prior to joining KKR, he spent five years at the hedge fund of Lombard Odier as a senior quantitative portfolio analyst and risk manager, covering equities and credit strategies. Prior to that, he was at fund of hedge funds Arden Asset Management in the portfolio optimization and risk management group. Mr. Allouani held previous positions at Deutsche Bank in equity research and Bank West LB in fixed income research. Mr. Allouani earned a M.A. in International Economics from Sciences Po Paris, in Financial Engineering from Cornell University, as well as a and Bachelor’s degree in Applied Mathematics and Computer Science from Ecole Nationale des Ponts Et Chaussees.

Panel discussion: In the era of ESG investing, do you understand the analytics behind it?

13:40 - 14:20

Katie Day

Global COO of risk & quantitative analysis


Todd Arthur Bridges

Global head of sustainable investing and ESG research


Dr Todd Arthur Bridges joins Arabesque S-Ray GmbH from State Street Global Advisors, where he was Head of ESG Research and Development. Dr Bridges previously worked as Head of ESG Research at Ethic, and held the position of Research Managing Director at Cornell University. He is a member of the Sustainable Finance Advisory Committee of the UN-backed Principles for Responsible Investment (PRI), and holds a PhD in Socioeconomics, Organizational Behaviour and Research Methods from Brown University.

Faye Kilburn

Senior Staff Writer


Faye Kilburn is senior staff writer for asset management and insurance, covering risk management, derivatives and regulatory issues as they affect the buy side.

Based in New York, Faye joined Infopro Digital (then Incisive Media) in 2010 on the graduate scheme, and previously worked as deputy editor at Inside Market Data covering technology and capital markets.

Tony Renshaw

Director, index solutions


Anthony Renshaw is responsible for advanced applications of Qontigo’s portfolio optimization solutions and risk model content, fundamental portfolio management and indexing research, and advanced client consulting. He also plays a leading role in client training, software development and testing, and providing expert client-specific consulting services. From 1994 to 2003, Renshaw worked as an Associate Professor of Mechanical Engineering at Columbia University, and prior to that, he worked at General Electric’s Corporate Research and Development Center. Renshaw received his Ph.D. in Mechanical Engineering from U.C. Berkeley, A Master of Engineering degree with a business minor from U.C. Berkeley, and a bachelor’s degree in Applied Mathematics from Harvard.

Michael Kashani

Global head of ESG portfolio management, fixed income

Goldman Sachs Asset Management


Market risk

Panel discussion: Capturing market risk with machine learning

12:50 - 13:30

Hany Farag

Senior director and head of risk methodology and analytics


Hany Farag is Senior Director and Head of Risk Modelling and Methodology at CIBC. Prior to his current position he was a partner at Eastmoor Capital Partners, LLP; Managing Director and Head of FX Statistical Arbitrage at CIBC; and Head of Quantitative Research at OANDA Corporation. Prior to his industry positions he was a Postdoctoral Fellow at Caltech and at Rice University. He holds a PhD in Mathematical Analysis from Yale, a MS in Theoretical Physics from Yale, and a BSC in Electronics and Communication Engineering from Ain Shams.

Gordon Liu

Executive vice president, US head of global risk analytics


Razi Raziuddin

Chief operating officer


As COO of diwo, Razi is responsible for the strategy, growth and overall go-to-market execution of the company. Razi brings 15 years of analytics and growth experience to diwo as a member of the executive team of two successful unicorn startups. He was the first business hire at DataRobot, helping scale the company from 10 to 1,000 employees in under 6 years. As SVP of AI Services for DataRobot, Razi helped clients build and execute their AI strategies, with an unrelenting focus on business outcomes. As the head of Global Business Development, he was instrumental in bringing DataRobot to market and scaling the business globally. At Netezza, an IBM company, Razi ran Product Marketing and Regional Sales, bringing the most successful Data Warehousing appliance to the global market. Razi received his MBA from Cornell University and his MS in Computer Engineering from Syracuse University.

Panel discussion: Review of resiliency of counterparties and CCPs during the crisis

13:40 - 14:20

Marco Ossanna



Marco Ossanna is Senior Vice President and Chief Risk Officer for the Futures Commission Merchant at HSBC Securities USA Inc.  Mr.Ossanna has worked as subject matter expert of Central Clearing Counterparties (CCPs) at HSBC since June 2014 advising the FCM on establishing risk appetite and managing exposure towards Clearing Houses.

From 2011 to 2013, Mr. Ossanna, was Executive Director at Chicago Mercantile Exchange, in charge of Clearing Membership, Risk Management and Default Management for Over-the-Counter Derivatives.

From 2000 to 2010, Mr. Ossanna was Executive Vice President and Global Risk Officer of Structured Equity Derivatives at Intesa Sanpaolo, supervising teams in New York and London. In 1990's he worked in the Research Department of Banca Commerciale Italiana in Milan, Italy, publishing market wide bank sector analysis and bank's strategic papers supporting the CEO.

Mr. Ossanna received a Laurea in Economics from the Universita' degli Studi di Pavia in 1991 and he is a Certified European Financial Analyst. He is also an active member of industry groups and periodically represent HSBC at meetings with Regulators on matters concerning derivatives and clearing.

Eileen Kiely

Managing director


Rajalakshmi Ramanth

Executive director, CIB clearinghouse risk and strategy

JP Morgan

Rajalakshmi Ramanath manages Clearinghouse Risk & Strategy for CCPs globally within J.P. Morgan’s Risk Management Function. The team’s primary responsibilities are to evaluate the firm’s membership risk related to centrally cleared trading activities, liaise with internal and external constituents to determine and guide JPM’s thinking on central counterparty risk concerns and related regulatory matters. Ms. Ramanath is a subject matter expert on central-counterparty (CCP) best practices, structures and related risk concerns, representing JPM in various external industry/trade forums, demonstrating thought leadership in CCP risk frameworks, and recovery and resolution. She has been the JPM spokesperson at various international regulatory (CPMI-IOSCO/CFTC/ BoE) meetings, conferences and workshops.

From 2007 through 2010, Ms. Ramanath was the credit officer at JPM’s Investment Bank covering corporate and financial institutions in India and South Asia. Prior to joining JPM in 2007, Ms. Ramanath worked as a credit officer covering corporate firms at ICICI Bank in India. Ms. Ramanath holds a Master’s in Business Administration from the Indian Institute of Management Bangalore.

Costas Mourselas

senior staff writer


Costas Mourselas is a senior staff writer on the risk management desk at He previously reported on derivatives at GlobalCapital. Costas has a bachelor’s degree in Philosophy, Politics and Economics from the University of York, UK.

Suzanne Sprague

Managing director, credit & liquidity risk, risk policy & banking

CME Group

Suzanne Sprague serves as CME Group’s Managing Director, Credit & Liquidity Risk, Risk Policy & Banking.  She leads the team responsible for managing CME Clearing's exposure to counterparty risk, risk management policy, collateral services and financial operations.

Sprague joined the company in 2002 and has held numerous roles and leadership positions in financial management and risk management since that time.  During her tenure, she has played a key role in the company's development of risk management policy, including credit risk, liquidity, collateral acceptance and regulatory response.

She earned a bachelor's degree with concentrations in finance and international business from Indiana University and a master's degree in financial markets from the Illinois Institute of Technology.


Panel discussion: Too fast too furious: managing model risk in rapidly changing markets

14:30 - 15:10


Jing Zou

Managing director, model risk management

Royal Bank of Canada

As Managing Director in Enterprise Model Risk Management (EMRM), Jing Zou is responsible for validating models in Securitized Products, Pre-Provision Net Revenue, Retail Credit models, and interest rate derivatives models. She also developed Comprehensive Capital Analysis and Review (CCAR) model fragility analysis, which identifies the impact of model uncertainty on capital ratios. She is an invited speaker for many industry model risk management training courses.

Jing joined RBC in 2014 as a Director in local model risk manager, where she was responsible of engaging the business about model risks. Later on, she was promoted to Senior Director and then Managing Director and has expanded the scope to cover the validation of 40% of CCAR models. Prior to joining RBC, Jing worked at Goldman Sachs, Wells Fargo, and Fannie Mae in various quantitative analytics roles covering front office quant, market risk, and model risk areas.

Jing has a Ph.D. in Applied and Computational Mathematics from Princeton University and a B.S. and M.S. in Computational Mathematics in Xi’an Jiaotong University.

Andreza Barbosa

Head of governance, model risk management

Goldman Sachs

Alex Levkov

Head of strategic model development and analytics, corporate treasury

U.S. Bank

Tom Osborn


Tom Osborn is the desk editor of's risk management coverage. Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications.

Tom holds a bachelor's degree in English literature from the University of Warwick, UK.


Panel discussion: The new shape of liquidity in the markets

15:20 - 16:00

  • The current state of the market
  • Risks of crowded trades
  • What have we learned about risk in ETFs, in particular liquidity risk?
  • The state of liquidity in fixed income
  • Early indicators of how you can reposition into crisis and adapt to liquidity circumstances
  • Are we headed to the liquidity crises?
Marta Poleszczuk

Vice president, fixed income, market structure strategy

Goldman Sachs

Marta Poleszczuk is responsible for fixed income market structure strategy at Goldman Sachs. She oversees markets-oriented strategy across cash and derivative products. Areas of focus include liquidity, execution, automation and data. Marta is also co-COO of the Goldman Sachs Americas Women’s Network.

Prior to assuming her current role, Marta was responsible for selling the firm’s futures and OTC clearing services. Marta joined Goldman Sachs in 2005.

Marta earned a BA in Business Administration from the University of Michigan’s Ross School of Business and is a CFA Charterholder. 

Daniel Tenengauzer

Managing director, head of markets strategy

BNY Mellon

Daniel Tenengauzer is Head of Markets Strategy at BNY Mellon and leader of the Aerial View market commentary platform. In this role, Daniel heads strategy efforts for our clients, providing them with original insights into the world's asset and currency flows, equipped by the firm's unique position at the center of the global financial system. He also acts as a media spokesperson for BNY Mellon on global macroeconomic and geopolitical issues.

Boasting more than 20 years of cross-asset experience on both the buy and sell sides, Daniel is a seasoned global macro researcher with unparalleled knowledge of international markets, informed by lengthy periods working on four continents. He joined BNY Mellon from Tse Capital Management, a New York-based hedge fund, where he was director of research, overseeing currencies and fixed income exposures globally.

Before Tse, Daniel supported foreign exchange and fixed income sales and trading at some of the world's largest banks, from emerging market debt and FX at Goldman Sachs, to G10 research at Lehman Brothers, and emerging markets fixed income strategy at Bank of America Merrill Lynch. More recently, Daniel led global FX strategy for RBC Capital Markets.

He holds a master's degree in Finance and Economics from the London School of Economics and Political Science. He has also been published in a wide variety of academic journals and speaks several languages, including Portuguese, Hebrew and Spanish.

Robert Mackenzie Smith

Editor, US asset management

András Bohák

Head of risk management & liquidity core research



Andras Bohak is an Executive Director and head of the Risk Management & Liquidity Core Research group at MSCI. He and his team is responsible for liquidity risk, capital regulation, counterparty credit risk, as well as building new tools and methodologies for integrated risk management. Andras joined MSCI in 2012 and worked in the securitized products research and credit research teams before transferring to his current role in 2018.

Prior to joining MSCI, Andras was a lecturer at the Budapest University of Technology and Economics. He holds a degree in Computer Science and Industrial Engineering and Management, both from the Budapest University of Technology and Economics.

Nicolas Masso

Executive director, co-head of credit electronic executions,


Nicolas joined UBS in 2010 and is responsible for Electronic Execution platform Bond Port. Member of the team since its creation in London, he moved to the US in 2014 tasked with replicating the European success of the platform he helped to build, this side of the Atlantic.  He is responsible for UBS's Liquidity Alliance initiative, establishing partnerships with relevant market participants seeking global bond distribution.   Earlier in his career Nicolas worked in Bloomberg L.P. Fixed Income Trading division and BNP Paribas Wealth Management.

Nicolas earned his postgraduate and Master’s Degree in Finance and Business Administration in Spain and France as part of the European Partnership of Business Schools (EPBS). 


Closing remarks. End of day three
Stay on the platform for meetings you scheduled during the day!

16:00 - 16:10

Exclusive insights into response to Covid-19, macro dynamics, diversity & inclusion, building agile risk management teams


Welcome address

08:50 - 09:00

Jay Wolstenholme

Research director


Having joined Chartis in July 2020, Jay’s primary focus is to lead and build-out our offerings for the buy-side, both in asset management and wealth management. Buy-side is a focused area of Chartis’s expansion and we are delighted to have Jay leading this area which is increasingly important for both our clients and the industry in general. 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.


Keynote address: Responding to a global pandemic and how we crush Covid

09:00 - 09:30

Judith Monroe

President and CEO

CDC Foundation

Dr. Judith Monroe, president and CEO of the CDC Foundation, has dedicated her career to protecting people and saving lives. She joined the CDC Foundation in February 2016 as president and CEO, following her role as a deputy director of the U.S. Centers for Disease Control and Prevention (CDC) and director of CDC’s Office of State, Tribal, Local and Territorial Support.

In her work at the CDC Foundation, Dr. Monroe advances priority programs that improve the health of people across America and around the world. The CDC Foundation mobilizes philanthropic and private-sector resources to support CDC’s critical health protection work, managing hundreds of programs in the United States and in more than 140 countries.

The CDC Foundation is actively supporting CDC and U.S. health departments’ response to the COVID-19 pandemic. Under Dr. Monroe’s leadership, the CDC Foundation has provided support to vulnerable populations; procured personal protection equipment for frontline health workers; is hiring surge staff for all 50 states, six large cities, tribal organizations and territories; and is supporting data solutions for contact tracing. In addition, the CDC Foundation is supporting communications and clinical research, including a portfolio with a focus on health equity. The CDC Foundation is also partnering with cross-sectoral leaders to provide expert panel discussions and scenario planning to help safely reopen the U.S. economy.

The CDC Foundation responded to the Zika epidemic as an implementing partner in addition to mobilizing resources; supported the response and recovery from the 2017 hurricane season; and serves as CDC’s strategic partner for global health security. In 2019, Dr. Monroe was recognized by the Metro Atlanta Chamber of Commerce with a MAC Heroes of Global Health award.

Prior to the CDC Foundation, Dr. Monroe oversaw key activities and technical assistance at CDC supporting the nation’s health departments and the public health system. Throughout the 2014–15 Ebola epidemic she served as senior advisor for the domestic response. During her tenure as the state health commissioner for Indiana she served as president of the Association of State and Territorial Health Officials through the H1N1 pandemic. She envisioned and founded the ASTHO president’s challenge in 2008. This leadership platform resulted in initiatives with significant health improvements and focus of ASTHO annual meetings.
Dr. Monroe currently serves on the board of directors for the Center for Global Health Innovation and for the Georgia Global Health Alliance, and is a member of the Milken Institute’s Public Health Advisory Board.

Additionally, she serves as a member of the World Health Organization Foundation’s Advisory group and on the Advisory Council of the Pandemic Action Network.
Dr. Monroe was recognized in 2020 by CDC’s Office of Minority Health and Health Equity as their Summer 2020 Health Equity Champion. In 2019, she received the American Public Health Association’s Presidential Citation for her work to improve the health and well-being of people around the world, and for her commitment to the future of public health as a mentor to young physicians and public health students.

Dr. Monroe received her doctor of medicine from the University of Maryland and a bachelor of science degree from Eastern Kentucky University. She completed her residency in family medicine at the University of Cincinnati, a rural faculty development fellowship through East Tennessee State University, and a mini-fellowship in obstetrics through the University of Wisconsin. She also participated in the State Health Leadership Initiative at Harvard University’s Kennedy School of Government and received an honorary doctorate from Purdue University in Health and Human Services.


Macro view: the outlook for markets - making sense of the world we live in and long-term impact on financial industry

09:40 - 10:20

  • How well do we understand post-covid markets and consumers?
  • Keeping up with changing forecasts
  • Ramifications of the Fed actions
  • Globalization agenda in the era of social distancing: how will it change?
  • How risks differ in different countries? Particularly, risks in China vs the US
  • How do you expect the market sentiment to change in a next few months?


Seth Carpenter

Chief US economist


Seth Carpenter is the US Chief Economist at UBS.  Before joining UBS, he was Head of US Research at Rokos Capital Management.  Prior to this position, he had a long career in the public sector.  Seth was at the United States Department of Treasury for 2-1/2 years, where he was nominated by President Obama to be Assistant Secretary for Financial Markets after being Deputy Assistant Secretary for Macroeconomic Analysis.  Prior to Treasury, Seth worked for 15 years at the Board of Governors of the Federal Reserve System.  He joined as a research economist, rising to the level of Deputy Director of the Division of Monetary Affairs. Seth is a member of the Congressional Budget Office Panel of Economic Advisors and a member of Council on Foreign Relations.

Hilmar Schaumann

Partner, chief risk officer

Credit Financial Products

Hilmar’s professional background includes portfolio management and risk management.  He was the Chief Risk Officer of Fortress Investment Group, during his tenure a $65bn AUM asset management firm with structured credit, global macro, and private equity businesses.  He then became the Chief Risk Officer of Brevan Howard US, one of the largest global macro hedge funds.  Most previously, he risk-managed Bank of America’s aggregate trading businesses across all asset classes.  Prior to managing risks, Hilmar was a portfolio manager in global fixed income and global corporate credits.  He started his career at Deutsche Bank as a relative value arbitrage trader.

Hilmar graduated from the University of Hannover, Germany, with a MSc in Mathematics, and from Harvard Business School after completing the Program for Management Development.


Tendayi Kapfidze

Chief economist


Tendayi Kapfidze is Vice President, Chief Economist at LendingTree. He leads the company’s analysis of the U.S. economy with a focus on housing and mortgage market trends. Tendayi utilizes data analysis to be a resource for both consumers and trade media, providing actionable insights to help consumers make informed financial decisions. He has been quoted in numerous publications including The New York Times, The Wall Street Journal, The Washington Post, USA Today, Yahoo Finance, The Chicago Tribune, The Miami Herald and Reuters and has appeared on CNBC and Cheddar television.

Tendayi has a successful track record as a research professional specializing in macroeconomic and financial analysis. In his most recent role, Tendayi served as Director of Global Economics at Pfizer in New York City. He crafted Pfizer’s view on global macroeconomic trends, advising the executive leadership team on economic and financial risks. Prior to his position at Pfizer, Tendayi served as Director of Economic and Capital Markets Research at Ally Financial and as Vice President and Senior Economic Analyst in the chief investment office at Bank of America.

Tendayi earned his B.S. in Engineering Management at Saint Louis University and his M.S. in Applied Economics from Johns Hopkins University.

Richard Berner

Clinical professor of finance, co-director, the Volatility and Risk Institute

NYU Stern School of Business

Professor Berner served as the first director of the Office of Financial Research (OFR) from 2013 until 2017. The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established the OFR to support the Financial Stability Oversight Council, the Council’s member organizations and the public. The OFR’s mission is to promote financial stability by delivering high-quality financial data, standards and analysis.

He was counselor to the Secretary of the Treasury from April 2011 to 2013. His principal responsibilities included advising the Secretary on financial and regulatory issues and starting up the Office of Financial Research.

Professor Berner was a managing director, chief US economist at Morgan Stanley from 1999 to 2011 and co-head of Global Economics from 2008 to 2011.

He was executive vice president and chief economist at Mellon Bank, and a member of Mellon's Senior Management Committee (1992-99). Previously, he served as a principal and senior economist for Morgan Stanley, as a director and senior economist for Salomon Brothers (1985-91), as economist for Morgan Guaranty Trust Company (1982-85) and as director of the Washington, DC, office of Wharton Econometrics (1980-82).

Professor Berner served on the research staff of the Federal Reserve in Washington, where he co-directed the Fed’s model-based forecast and was a member of the team that developed the Fed’s first multi-country model used for international policy analysis (1972-80). He has been an adjunct professor of economics at Carnegie-Mellon University and at George Washington University.

He is an advisor to FinRegLab, an innovation center that tests new technologies and data to inform public policy and promote a responsible and inclusive financial marketplace. He is a member of the Milken Fintech initiative, led by former OCC head Tom Curry and former Treasury official Melissa Koide. He is a senior advisor to MacroPolicy Perspectives, an economic consulting firm. He is a member of the Board of Advisors of HData, which helps data companies involved in RegTech and Legal Tech solutions. He is a member of the IMF panel of experts for financial stability.

Professor Berner has been a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, a member of the Panel of Economic Advisers of the Congressional Budget Office, a member of the Executive Committee of the Board of Directors of the National Bureau of Economic Research, a member of the Advisory Committee of the Bureau of Economic Analysis, Department of Commerce, a member of the Board of Directors of the Penn Institute for Economic Research and a member of the Board of Advisors of Macroeconomic Advisers, LLC. He served as an associate for the Counterparty Risk Management Policy Group II. He is a Past President and Fellow of the National Association for Business Economics and is the past chair of the Economic Advisory Panel of the Bond Market Association. He is the winner of forecasting awards from Market News and the National Association for Business Economics, the 2007 recipient of the William Butler Award for Excellence in Business Economics and has been a member of Time’s Board of Economists.

He received his bachelor’s degree magna cum laude in Economics from Harvard College in 1968, and his PhD in Economics from the University of Pennsylvania in 1976. He researched his dissertation under the supervision of Professor Lawrence Klein, and was funded by SSRC-Ford Foundation grants at both the University of Louvain, Belgium, and at the University of Bologna, Italy, from 1971-72.


Rethinking diversity, inclusion and culture in the light of historical movements for equality: why are these elements so important in building a foundation for a strong risk management team?

10:40 - 11:20

Stephanie Bontemps

CRO, executive vice president

First Republic Bank

As Chief Risk Officer, Ms. Bontemps is responsible for maintaining a robust enterprise risk management program that supports the strategic goals of the Bank and builds upon its longstanding conservative risk culture and client service focused business model.  At First Republic, she previously served as an Executive Loan Committee Member and Director of Credit Administration.  

Prior to joining First Republic, Ms. Bontemps worked for Citibank in corporate and investment banking in New York and San Francisco where she held leadership positions in both relationship management and credit risk management.  

Ms. Bontemps graduated from the Anderson School at UCLA (MBA) and UCLA (BA, Economics).    

Judith Hilton


DWS Americas

Tatiana Segal


Morgan Stanley Investment Management

Tatiana Segal is a Managing Director and a Chief Risk Officer at Morgan Stanley Investment Management, where she covers both public and private businesses and is a member of the Investment Committee. Prior to joining MSIM in August of 2019, Tatiana was a partner and a Head of Risk Management at SkyBridge, a global alternative investment firm, where she was also a member of the Manager Selection, Portfolio Allocation and Real Estate Investment committees. Prior to joining SkyBridge, she was a Managing Director and Chief Risk Officer at Cerberus Capital Management, LLC. Before joining Cerberus, she held a Chief Risk Officer position with Diamond Lake Investment Group and previously worked at Citigroup Alternative Investments, where she was responsible for an independent risk oversight of a multi-billion hedge fund and fund of funds portfolio. Mrs. Segal is a Co-Chair of Risk PAG NY for 100 Women in Finance, as well as a contributing member of DCRO council. She serves as a board member of the Tenement Museum and NY Landmark Conservancy. Mrs. Segal holds a Bachelor Degree in Economics from Columbia University

Karima Jibril

Principal recruitment consultant

Selby Jennings

Karima Jibril is a Principal Recruitment Consultant at Selby Jennings, a micro-specialized financial services recruitment firm. She is the lead recruiter for our Market Risk team, responsible for providing risk management recruitment services to a variety of financial institutions across North America. Since joining Selby Jennings in the beginning of 2018, Karima’s primary area of expertise has been within securing industry leading, mid to senior level talent across both buyside and sell side institutions.  She has further developed our presence nationally building out a large book of clients and candidates across the US.  Karima has been a major influence in making Selby Jennings Risk Team the go to risk recruitment firm across all financial services.

Pietro Toscano

Global head of multi-asset investment risk


Pietro Toscano, PhD, is the Global Head of Multi-Asset Risk of Invesco's Investment Risk. In this capacity, he leads the firm’s investment risk management and fiduciary risk oversight across the Multi-Asset and Solutions business.

He previously worked at BlackRock, where he was Director for both the America’s Fixed Income Systematic business (including the flagship $7B+ global alpha hedge fund FIGA) and the America’s ETF & Index business ($500B+). At BlackRock, he also served as a member of the BlackRock Applied Research Award Committee (a firm-wide select group of 25 quants), and as the Global Head of Talent Management for the Risk Beta Strategies team (a group of 20 employees across San Francisco, London, and Hong Kong).

Dr. Toscano earned a PhD in Information Engineering from University of Pisa, Italy, as well as a Master's in Financial Engineering from University of California, Berkeley. He also published several papers on risk methodologies, derivatives pricing, and portfolio construction in various peer-reviewed financial journals. Dr. Toscano is a Financial Risk Manager, Certified by the Global Association of Risk Professionals.


Panel discussion: How to build vigorous risk management teams, equipped to face the downturn and future crises

11:30 - 12:10

  • Do you have the experience and skills to manage a downturn event in your organization?
  • How do you prepare your team for the tail risk events?
  • How can AI, cloud and other technology help in this crisis?
  • What tools have increased in importance during the pandemic?
Jay Newberry

Risk management executive and consultant

Jay Newberry has over thirty years of experience in risk management. 

Currently, he is engaged as Principal, Greenwich Risk Management Consulting, focused on Enterprise Risk Management and Operational Risk Management in the financial services industry.

Recently, Jay also served as an adjunct Lecturer in the Enterprise Risk Management Program at Columbia University teaching courses in Operational Risk Management, and Traditional Risk and ERM Practices.

Jay retired from Citigroup where he was responsible for the global Operational Risk Policy and Framework for identifying, assessing, monitoring, and communicating operational risk and the overall effectiveness of the control environment.

His responsibilities included standards for Risk Identification and Monitoring, spanning risk appetite, key operational risks and key indicators, and concentration risk.  He was also responsible for standards for Scenario Analysis and related stress loss forecasting processes.

In addition, Jay established and oversaw the independent verification processes for operational risk covering Basel AMA and CCAR and has facilitated a number of key global operational risk management governance committees.

Jay led U.S. regulatory relations for operational risk and partnered across Citi on global regulatory matters.

In his most recent role, he had responsibility for developing Citi’s Lessons Learned Policy and program, spanning all risk types.

Jay’s prior experience at Citi included leadership positions in developing and executing credit risk analytics, portfolio derivatives, risk capital, and credit portfolio management tools.  He began his banking career as Senior Analyst in Citi’s Corporate Finance Analysis Department where he engaged in marketing initiatives and credit approvals for the large corporate market.

Jay earned his BA degree in Economics from Middlebury College and his MBA from the Tuck School at Dartmouth.


Oliver Jakob

International Chief Risk Officer

Mitsubishi UFJ

Oliver joined MUFG from UBS' Investment Bank, where he was the Global Head of Market Risk. Prior to UBS, Oliver held various risk management positions in New York and Toronto over the last 17 years. He started his career in Bankers Trust's Market Risk Department.

Oliver graduated from Karlsruhe University (Germany) with a diploma in Industrial Engineering. Oliver holds a CFA designation.


Fabrice Fiol

Managing director, deputy head of enterprise risk management, Americas

Societe Generale

Fabrice Fiol is a Managing Director and Deputy Head of the Enterprise Risk Management Americas division. In this capacity, he co-manages a team responsible for risk appetite statement and reporting, risk identification, enterprise wide stress testing and governance including regulatory oversight for the Americas.

He was previously in charge of the market risk cross-asset team overseeing regional limit framework, Market Risk Stress Testing and various regulatory market risk initiatives. His prior role was heading the Equity/Fixed Income/Commodity market risk teams for SG in the Americas, including NY, Canada and Brazil trading platforms.

Fabrice Fiol joined Societe Generale NY in 2009. Prior to SG, Mr. Fiol was a Senior Vice President at Natixis-NY in charge of Trading Risk Management on a U.S Agency MBS portfolio.  Prior to Natixis, Mr. Fiol was a Vice President at the reinsurance company SwissRe-NY where he was in charge of front-office quantitative pricing and subsequently joined the U.S Rates Derivative Desk trading.

He graduated from ENSAE (National School of Statistics and Economics) in 1998 and holds an Advanced Studies Degree (DEA) from Paris VII University. 

Fabrice Fiol has participated as a speaker and panelist at various risk conferences (Bloomberg,Risk.Net,Cefpro) . He has co-authored an article in the RMA Journal in 2017 “Risk Appetite: How Banks are responding to risk in a new regulatory environment”, and in 2019 published “Enterprise Risk Management: Towards a comprehensive yet practical enterprise risk function” in the Journal of Risk Management in Financial Institutions.

Michelle Beck


TIAA Financial Solutions

Michelle McCarthy Beck is CRO for the TIAA Financial Solutions division of TIAA, which provides retirement, wealth management and banking services to the institutions and individuals that TIAA serves. Her previous role at TIAA was as CRO of its asset management subsidiary, Nuveen. 

Before joining Nuveen in 2010 she had prior roles including CRO at Russell Investments, and Chief Market and Operational Risk Officer at Washington Mutual Bank. From 1986-2003 she worked at Bankers Trust and then Deutsche Bank in roles including derivatives portfolio manager, head of market risk management for Europe/Middle East/Africa in London, and head of risk management for the bank’s asset management division. 

Michelle holds a bachelor’s degree from the University of Washington and a master’s degree in Government from Harvard University.  She serves on the board of trustees of the Global Association of Risk Professionals (GARP), and is a member of GARP’s Buy Side Risk Managers Forum.

Michelle’s publications include “Measuring and Managing Market Risk,” co-authored with Don Chance, Ph.D., published by the CFA Institute in 2016, and “Utilizing Downside Risk Measures,” CFA Institute Conference Proceedings, Third Quarter 2014.


Closing remarks. End of the conference.

12:10 - 12:20