Risk Conference 2021 – Day One
Welcome Address
Speaker: Rajiv Mirwani, Business Head - South Asia, Bloomberg
9.15am - 9.35am
Opening Keynote: Managing Risk in a Post Pandemic world
In the post pandemic world, just as organisations are getting aligned to the new business opportunities, it is becoming increasing important to recalibrate the ‘new normal’ for managing risk. Prolonged lockdowns, stop-start approach, disruption in supply-chain, increased focus on medical and health issues, impact on salaried and self employed individuals and work-from-home scenarios have ensured new risk for organisations to grapple with in this new post Covid era.
Speaker:
Rajiv Anand, Executive Director (Wholesale Banking), Axis Bank
9.40am - 10.25am
COVID & Credit: How the pandemic reshaped risk
The COVID-19 pandemic put the global financial system under immense stress. As India’s own economic contraction forced the central bank to provide unprecedented support, the country’s banking system as a whole was forced to reevaluate the way they looked at credit risk. In this session, we focus on:
• How banks are adapting to new market demands
• How the pandemic has changed the way banks look at credit risk
• Strengthening the process of evaluating credit risk?
• Fundamental changes to the credit risk model
Speaker:
David Croen, Head of Credit Risk Products, Bloomberg
10.30am - 11.15am
Libor Transition : Trading The New MIFOR Curves
Post 2021, financial markets will transition from LIBOR to new risk-free rates. In India, FBIL has started publication of the Adjusted and Modified MIFOR rates, and banks are moving into the final stages of readiness for transition. Hear from our panel of banking and regulatory leaders as they discuss:
• Emerging trading opportunities
• New benchmarks and their effect on the way markets trade
• How banks are looking at this opportunity
• Will these benchmarks attract enough liquidity?
Panelists:
- Sravan Kumar, Head of Trading, ICICI Bank
- Naveen Kumar Jha, General Manager - Forex, State Bank of India
- Vaneet Gupta, Head of FX Trading, Standard Chartered Bank
- Sudipto Lahiry, Sales- North ASEAN, Bloomberg
- Fatema Ali, Derivative Specialist, Bloomberg
11.15am - 11.30am
Screen Break
11.30am - 12.10pm
Optimized Integration: Partnering for Success
When integrating multiple systems to achieve a single optimized workflow, maximizing the functional strengths of each system while not compromising on end-to-end automation is a primary business goal. Add the complexity of risk assets and data fragmentation, and portfolio sychronization can become a struggle. Join our experts as they discuss:
• Leveraging consistent pricing and risk data in an integrated and synchronised way
• Generating an accurate picture of risk at a portfolio level
• Industry best practices & Customer case studies
• How complex solutions and risk analytics are delivered via API
• Bloomberg's Server API (SAPI) and B-PIPE platforms
Speakers:
- Gaurav Kapoor, APAC Head – Risk & Valuations, Bloomberg
- Mark Gillon, APAC Pre-Sales Team Lead, Bloomberg
Guest Speaker: Risk-taking in Military Aviation: The Key to Success
Air Chief Marshal Birender Singh Dhanoa (Retd) joins us to talk about his 40 years of experience in the IAF (Indian Air Force) and how he learned to take calculated risks — and not foolish chances. He will discuss:
• How risk-taking facilitates decision-making in the uncertainty of conflict situations, such as the Kargil War
• Why is it important to promote risk-takers in the armed forces
• How to identify risk-taking talent during peacetime
Speaker:
Air Chief Marshal Birender Singh Dhanoa (Retd)
12.55pm - 1.00pm
Closing Remarks
Speaker:
Rohit Mandhotra, Risk Workflow Specialist, Bloomberg
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Speakers
Air Chief Marshal B. S. Dhanoa (Re
Air Chief Marshal B. S. Dhanoa (Retd.), is an alumnus of St. George's College, Mussoorie, where he studied from 1968 to 1969. Thereafter, he moved to Rashtriya Indian Military College, Dehradun in August 1969 and joined the National Defence Academy (NDA) in June 1974. He later graduated from the Jawaharlal Nehru University in 1977. Post his flying training, he was commissioned in the Fighter Stream of the Indian Air Force in June 1978. In 1985, he carried out the All Purpose Flying Instructors Course (APFIC) and then attained the highest-Flying Instructor’s Category A2 in 1987. He then did his M. Sc. in Defence Studies from Madras University and attended a Defence Services Staff College Course in 1990-91. He has an illustrious career with Indian Air Force and has served at various ranks. He served as the Air Officer Commanding-in-Chief of South Western Air Command before taking over as the Vice Chief of Air Staff (VCAS) in May 2015. He served as the 25th Chief of the Indian Air Force (IAF) from January 1, 2017 to September 30, 2019 and led the IAF when it executed air strikes over Balakot in Pakistan in February 2019. He has been awarded with the Param Vishisht Seva Medal in 2016, Ati Vishisht Seva Medal in 2015, Yudh Seva Medal 1999 and Vayu Sena Medal in 1999. Amongst various other achievements, the Fighter Squadron he commanded was the most decorated Air Force unit during the Kargil conflict due to his excellent leadership.
Naveen Kumar Jha
General Manager - Forex
State Bank of India
Naveen Kumar Jha, CAIIB, FRM, CFA has more than 31 years experience in various roles (Domestic & Abroad) at nation’s largest bank State Bank of India in different verticals like International Banking, Transaction Banking, Treasury, Investment & Risk Management. He is currently heading the Forex Division of Global Markets department of SBI as General Manager (Forex).
Rajiv Anand
Executive Director (Wholesale Banking)
Axis Bank
Rajiv Anand, 55 years, joined the Bank on 1st May 2013 from its asset management arm, Axis Asset Management Co. Ltd., where he was the founding Managing Director & CEO. Rajiv Anand is a Commerce graduate and a Chartered Accountant by qualification. He was appointed as the President (Retail Banking) and was thereafter elevated as the Group Executive (Retail Banking) in 2014. He was appointed as a Director of the Bank on 12th May 2016 and thereafter as the Executive Director (Retail Banking) of the Bank, w.e.f. 4th August 2016. Subsequently, he took over as the Executive Director (Wholesale Banking) of the Bank, with effect from 21st December 2018. Over a career spanning more than 30 years, Rajiv Anand has focused on various facets of the financial services industry having held key management positions at leading global financial institutions. He is widely recognized for his strengths in capital markets and successfully building new businesses to scale.
Sravan Kumar
Head - Market Making, Treasury Products & Technology Initiatives
ICICI Bank Ltd
Sravan has 17 years of experience in Finance and Treasury, all in ICICI Bank. He currently handles the Market Making Desk for Fx and Derivatives. He holds a PGDM from IIM, Ahmedabad and an honors degree in Electrical Engineering from Birla Institute of Technology and Science, Pilani.
Vaneet Gupta
Head - FX Trading
Standard Chartered Bank
Vaneet Gupta has over 18 years of experience trading in India markets , including Fx spot, Fx swaps, IRD and IGB Vaneet joined Standard Chartered in 2019 after working for 10 years in Citibank and 6 years in ICICI bank (India’s largest private sector bank) as head of Fx trading. Vaneet also worked in Citibank as head of trading and his last job was head of fx and rates trading team in ICICI bank. Vaneet holds a MBA degree from Indian Institute of Management , Calcutta with major in Finance
David Croen
Global Credit Risk Product Manager
Bloomberg LP
David Croen is head of credit risk products for Bloomberg, L.P., working in the firm’s enterprise product business. Prior to joining Bloomberg, David led risk management and valuation for global banks and asset managers, with specialization in credit and securitization. He contributed to the President’s Working Group on Financial Markets Best Practices for Risk Management (2008), and has advised U.S. regulators and accounting firms on complex structured finance transactions. David earned a B.A. in Applied Mathematics and an MBA in Finance, both from the University of Rochester.
FATEMA ALI AKBAR
Derivative Specialist
BLOOMBERG/ MUMBAI OFFICE
Fatema is Derivative Specialist at Bloomberg and looks after Derivatives pricers and trainings for clients on Bloomberg's suite of products/solutions. She is also part of the LIBOR transition group in Bloomberg. Before joining Bloomberg, Fatema was the Derivatives dealer at Bank of Baroda. Prior to this she was Derivatives trader at IDBI Bank and has rich experience of more than 10 years in dealing in Fx Options and Swaps markets.
Gaurav Kapoor
Market Specialist - Derivatives & Risk
Bloomberg L.P.
Gaurav specializes in X-asset derivatives pricing and risk management at Bloomberg and leads the structured products strategy for the APAC region.
Prior to joining Bloomberg, he has worked in the corporate and investment banking industry across Asia & Europe including specializing in structuring of complex derivative products. He is passionate about quantitative finance and risk management, with a keen interest in application of machine learning techniques in finance.
He holds a Bachelor of Engineering and MBA (Finance) from the M.S. University of Baroda. Gaurav has also been awarded the Certificate in Quantitative Finance (CQF) and is a Financial Risk Manager (FRM).
Mark Gillon
APAC Pre-Sales Team Lead
Bloomberg
Mark Gillon is the regional pre-sales team leader of Bloomberg Enterprise Technology Solutions, helping grow the business over the past 5 years. Mark and his team manage all iPaaS and other integration technology engagements with clientele across the APAC region. Mark has 13+ years experience in the fintech industry working with enterprise solutions across capital markets. Mark started his career in software development and implementation roles before moving into the pre-sales arena. Mark holds an engineering degree from the University of Western Australia.
Rajiv Mirwani
Business Head - South Asia
Bloomberg
Rajiv is responsible for the growth of Bloomberg's financial products business in South Asia. He has spent 15 years consulting financial institutions on their technology needs. Rajiv has completed his MBA from the Macquarie Graduate School of Management, Sydney.
Rohit Mandhotra
Risk Workflow Specialist
BLOOMBERG/ MUMBAI OFFICE
Sudipto Lahiry
Head of Enterprise Sales, North ASEAN
Bloomberg L.P.
Sudipto is the head of Bloomberg enterprise sales for North ASEAN and is responsible for the overall Bloomberg business in the region and client experience. Over the years, Sudipto has worked closely with regulatory bodies and central banks in the region on market wide initiatives around fixings, valuations, electronic trading and market development. Most recently he has been actively involved with IBOR transition and thought leadership around the unique challenges the changes pose in the context of regional benchmarks.
Prior to Bloomberg, Sudipto has worked with ICICI bank and ABN AMRO in rates and credit trading desks. Sudipto holds a degree in Physics and an MBA