Enterprise Risk Management
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Enterprise Risk Management Business Continuity, Risk and Crisis Management Thursday 24th and Friday 25th February 2011 PANEL OF KEY SPEAKERS The future Development of Risk and Crisis Management Thursday 24th and Friday 25th February 2011 rd 3 Annual event – Barcelona, Spain Hotel 1898**** Eyvind Aven Adrian Clements Vice President Strategic Risk CFO - General Manager You will learn : Risk Management Asset Risk Statoil ArcelorMittal Risk Management in the Information Technology Integrating ERM and Governance Principles Strategic Decision through ERM Global ERM framework Enterprise Wide Risk Management through Ri Francisco Perez Olivier Moumal Systems & Technologies Risk Management Director Vice President Risk Risk Governance: ERM framework Endesa Electric Management Improve Profitability and Reduce Risk through Belgacom Sustainability Business Process Setting Risk Limits and Optimising Risk Management Using Business Intelligence to turn risk into profit Maurizio Micale Dr Tamer Saka Identifying wholesale enterprise fraud Corporate Risk Management & Managing Director Turkish Financial Risk Management Insurance Director EuroAsian Integrating risk management in the decision- ST Microelectronics Willis making Process Incorporating ERM into Business Processe without a Heavy Overhead Organization Dr Simon Rogerson Changing interconnections of the risk department Herbert Broens Chief Risk Officer - Europe Excellence in Risk Management Techniques Former Head of Risk Head of Financial Trading Chartis Insurance Bayer AG SPONSORS Enrico Della Gatta Frédéric Groussaud Former Head of Crisis Chief Risk Officer Management Italcementi Alitalia Airlines PARTNERS Armand Hoftijzer Igor Mikhaylov Managing Director Head of Risk Management Aon Global Risk Consulting MTS Russia Robert van Vianen Director Finance Transformation The Hackett Group Enterprise Risk Management Business Continuity, Risk and Crisis Management Day 1 – Thursday 24 February 2011 08:45 Registration and Coffee 13:00 Lunch 09:15 Opening Remarks from the Chairman 14:00 Coffee and Networking time Robert van Vianen Director Finance Transformation The Hackett Group 14:30 Case Study Incorporating Risk Management into Business Processes ND 2 GENERATION WIDE RISK MANAGEMENT Ensuring the risk component is an integral part of everyday business at all level without a heavy 09:30 Case study How an Industrial Company “overhead” corporate risk organisation Implements EWRM Thinking? Senior management involvement Why an Enterprise wide risk management? Implementing and improving this approach to Use of risk committees advance risk maturity Defining relevant risks and aggregating Igor Mikhaylov Eyvind Aven Head of Risk Management Vice President Strategic Risk, CFO Risk MTS Russia Vice-President Russian Risk Management Society Management Statoil 15:15 Case Study ERM Benchmarking and Best Practices 10:15 Case Study Integrating ERM and Governance over the globe Principles in an electrical Company How important is ERM? ERM Governance Structure into Endesa Looking beyond immediate, obvious risks and Risk Assessment Framework learn to evaluate aftereffects that could Monitoring Tools destabilize whole value chains ERM Reporting Enterprise Risk Management (ERM) Best Practices Francisco Perez Thoden Successful case study: What is the add value of ERM for the business Risk Management Director Robert van Vianen Endesa Director Finance Transformation The Hackett Group 11:00 Coffee and Networking time 16:00 Coffee and Networking time 11:30 Case study Enterprise Wide Operational Risk Management through Risk Systems and Technologies 16:30 Case Study The future Development of Risk and Implementing a worldwide risk system policy Crisis Management Integrating efficient technologies to define risks IT tools to support in decision making and Applying risk management across all level of the situation awareness group Virtualization of the crisis centers Adrian Clements Information sharing General Manager Asset Risk Management Use of mobile devices for crisis management Enrico Della Gatta ArcelorMittal Head of Crisis Management Alitalia 12:15 Case study What should you expect from your Insurer - beyond Insurance? 17:15 Chairman’s Closing Remarks and End of Day Risk is at the heart of their business, so how to maximise access to the Insurer's risk expertise? How can the Insurer mitigate the insured's risks, both pre-loss and post-loss? Maurizio Micale Corporate Risk Management & Insurance Director ST Microelectronics Enterprise Risk Management Business Continuity, Risk and Crisis Management Day 2 – Friday 25 February 2011 08:45 Registration and Coffee 13:00 Lunch 09:15 Opening Remarks from the Chairman 14:00 Coffee and Networking time Armand Hoftijzer 14:40 Case study ERM and Integrated Insurance Managing Director Management Aon Global Risk Consulting Risk management at Holdings Integrated Insurance Management concepts 09:30 Case study Risk Management in the Role of risk management in the effective Information Technology insurance management process. Should Risk and Audit be pushing ERM models Relationship between ERM and IIM at all? Tamer Saka Benchmarking best practices Managing Director Turkish and EuroAsian Pros and cons of Risk Committees and Risk Willis Officers – pitfalls to avoid Improving risk communications to Audit Committee and Board members Monitoring of risk mitigations actions points 15:00 Case study What Solvency II means for ERM Olivier Moumal The background to Solvency II How it compares to the more traditional ERM Vice President Risk Management agenda Belgacom How the Internal Model and Own Risk and Solvency Assessment work? 10:15 Case study Incorporating ERM into Business The benefits to the business Processes without a Heavy Overhead Dr Simon Rogerson Organization Chief Risk Officer - Europe ERM Governance and Organization: 3 year Chartis Insurance mitigation plan: how to make Corporate and Country work together ERM integration with business processes: 16:00 Coffee and Networking time Budget risk identification and priorization conduct Frédéric Groussaud 16:30 Case study Cost Effectiveness of ERM Chief Risk Officer Financial Risk Management Importance of clear responsibility divisions Italcementi Estimating and reporting cost effectiveness Achieving the right level of quality of risk and 11:00 Coffee and Networking time control thinking Armand Hoftijzer 11:30 Case study Trade Finance and its coming risk Managing Director under Basel 3 Aon Global Risk Consulting Analysing Trade Financing Receivables, supply chain, Inventories 17:15 Closing Remarks from the chair and End of Conference financing risks Herbert Broens Former Head of Risk, Head of Financial [email protected] Trading Bayer AG We would like to thank everyone who has helped with the 12:15 Round Table: Risk Quantifications research and the organization of Axiom Groupe Conference; particularly the speakers for their continued Key risk indicators/fraud This interactive forum provides a platform for support and commitment. all participants to discuss and bring together different views Olivier Moumal Belgacom Frédéric Groussaud, Italcementi Herbert Broens Bayer AG Enterprise Risk Management Business Continuity, Risk and Crisis Management Biographies – Day 1 Robert van Vianen Eyvind Aven Director Finance Transformation Vice President Strategic Risk, CFO - Risk Management The Hackett Group Statoil Robert van Vianen has been a Director of Finance Master in business administration, Eyvind Aven joined StatoilHydro in Transformation at The Hackett Group since 2008. Prior to 1992. He has experience from shipping, corporate planning and joining The Hackett Group, Robert worked with economic analysis both in StatoilHydro and in banks. He has been PriceWaterhouseCoopers (Assurance) in Amsterdam. Robert working with risk management since 1996 and has been one of the key has international experience in the field of Performance persons building up the Corporate Risk Management. He is now heading Improvement and Risk Management & Compliance in the Strategic Risk of Statoil's Corporate Risk Management. different industries, of which over 10 years in management positions. Francisco Perez Thoden Risk Management Director Endesa Maurizio Micale Francisco Pérez Thoden: from 1986 in Endesa where he has developed Corporate Risk Management & Insurance Director all his professional career. From 1986 to 1997 he occupied several ST Microelectronics positions in the Energy Management area in Spain. From 1997 to Since 2000, Mr. Micale has been serving at STMicroelectronics 2000, he was involved in the international activities of Endesa in N.V. one of the largest semiconductors company, formerly Argentina and from 2000 to 2008 he has been involved in Endesa’s part of FIAT Group. In 1999, he joined IMPREGILO Group as activities in Europe with Endesa trading (2000 – 2001) and Endesa Head of Risk Management & Insurance programs. After being Italia (2002 – 2008). From 2009 he is Risk Control Director in Endesa. promoted Group’s Risk Manager East Europe, he developed Mr. Perez was born in 1960 and holds a degree in Industrial Eng from and implemented global company loss prevention and Universidad Pontificia Comillas (ICAI). business continuity’s corporate risk management department, in Milan. Adrian Clements General Manager - Asset Risk ArcelorMittal Adrian Clements is General Manager Asset Risk Management of ArcelorMittal based in Luxembourg. He is also a member of the Enrico Della Gatta ArcelorMittal risk