Download - IRM Risk Leaders Conference

Transcript
Page 1: IRM Risk Leaders Conference

Active Risk PlatinumSponsor

RSM Tenon Sponsor

DNVSpeakersroundtable

QBESponsor

Risk Leaders’ Conference 2011Paddington Hilton Hotel, London Wednesday 16 November

The Institute of Risk Management – Events

Practical strategies for risk at board level

Anthony HiltonConferenceFacilitatorFinancialEditor,LondonEveningStandard

Paul MasonAward-winningNewsnightJournalist

Bridget RosewellEconomistandNetworkRailNon-ExecutiveDirector

Alan ClearyUnitedNationsNegotiator

Jonathan ReuvidAssociatePublisher,KoganPage

Chris HodgeHeadofCorporateGovernance,FinancialReportingCouncil

Peter RobertshawSVPofGlobalMarketing,ActiveRisk(formerlyStrategicThoughtGroup)

Justin SkinnerHeadofEnterpriseRiskManagement,QBEEuropeanOperations

To book your place online: www.irmriskleaders.org

Jonathan HuntCharteredAccountantandHeadofTechnicalProjects,InstituteofCharteredAccountantsofEnglandandWales(ICAEW)

John PickupChairman,AvingtonSystems

Theneedforboardstoproperlymanagetheirriskshasneverbeengreater.Thisconferencebringstogetherchiefriskofficers,headsofriskandnon-executivedirectorswiththoughtleadersandadvisorstoaddresssomeofthemosttopicalchallengesintheboardroomandatriskcommittees.

Jed TurnbullAssociateDirector,RSMTenon

Page 2: IRM Risk Leaders Conference

From BP and Lehman Brothers to News Corporation and the Metropolitan Police - corporate governance continues to hit the headlines. With the complexity of modern business, an uncertain operating environment and the relentless scrutiny of media and stakeholders, as well as the formal responsibilities imposed by corporate governance codes, the need for boards to properly understand and manage their risks has never been greater.

• Expandyourknowledgeonlatestriskmanagementtrends

• Debatewithotherexperts• Networkwithothersinyourfield• Findoutwhatyourpeersaredoing• Discoverareasforimprovement

“ Last year’s Risk Leaders’ Conference gave senior risk managers a great opportunity to network and share ideas and thoughts on the future of risk management. Sharing best practice across business sectors gives people new ideas to bring to their own industries. I can highly recommend attendance at the 2011 conference and I’m very much looking forward to it myself.” Elaine HeyworthHeadofRiskManagement,EverythingEverywhere

Why attend?

What’s shaping your risk profile at the moment?

• Politicalchangearoundtheworld• Economicuncertainty• Corporategovernancechallenges• Gettingtogripswithriskappetite• Emergingmarkets• Or,justgettingotherpeopletodothings

Thispracticaldaywilladdressthesechallengesthroughourexpertspeakersandinteractivesessions.TheconferencewillonceagainbefacilitatedbyEveningStandardFinancialEditorAnthonyHiltonwhosaidoflastyear’sevent:

“ There can be no better way to understand the range and depth of what is happening in risk management – the excitement, the ideas, the innovation and the challenges. This is easily the most useful conference of its kind.”

Delegates

Thisconferenceisdesignedfor:

• Chiefriskofficers• Chieffinancialofficers• Headsofaudit• Non-executivedirectors• Actuaries• Governance,riskandcomplianceexperts

• And,othersresponsibleforriskatboardlevel

Previous attendees

ActiveRisk,Amlin,Aon,Centrica,CornwallCouncil,CroweClarkeWhitehillLLP,DeloitteLLP,DepartmentforWorkandPensions,DNV,Ernst&Young,EssexPolice,FMGlobal,GallagherBassett,HardyUnderwritingGroup,Hays,HMTreasury,IBM,IdentityandPassportService,ITV,JardineLloydThompson,LaneClark&PeacockLLP,Lloyd’sRegister,MTRCorporation,Nestlé,NorthernRail,RoyalBankofScotland,Skanska,RioTinto,InstituteofPhysics,UniversityofWorcester,Willis,Zurich

Anthony HiltonFinancialEditor,LondonEveningStandardHow to speak truth unto power: lessons for risk management and governance from the misfortunes of News Corporation and other crisis-hit organisations

WhatcanriskmanagerslearnfromeventsthatledtotheclosureofBritishtabloidNews

oftheWorldinthewakeofthephonehackingscandal?Award-winningjournalistAnthonyHiltondiscussestheethical,riskmanagementandcorporategovernancelessonsfromthefalloutatRupertMurdoch’sNewsCorporationandothercrisis-hitorganisations,whilearguingthattoday’snumbers-basedriskcontrolsystemsareinadequateandmechanical.

Backthisyearbypopulardemand,Anthonyhasbeeninvolvedinrunningandlaunchingseveralpublications,writtenbooksonfinanceandappearedontelevisionandradio.Anthonywillalsochairourlivelyquestiontimedebate.

Conference facilitator & speaker

Page 3: IRM Risk Leaders Conference

Speakers

Chris HodgeHeadofCorporateGovernance,FinancialReportingCouncil

Jonathan HuntCharteredAccountantandHeadofTechnicalProjects,ICAEW

Turnbull: past, present and future

TheTurnbullguidanceisanessentialdocumentforUKlistedcompanieslookingtoensuregoodinternal

controlsandiswidelyinfluentialincorporategovernanceinternationally.OfferinginsightintothedevelopmentoftheguidanceareChrisHodgeoftheFinancialReportingCouncil(FRC)andICAEWprojectheadJonathanHunt.

Havinghelpeddevelopandreviewtheguidance,ChrisandJonathanwillassessitspast,presentandfuture,includingitsanticipatedreviewin2012bytheFinancialReportingCouncil,andwilldebatewhethertheguidanceadequatelyreflectsaboard’sresponsibilitiesforinternalcontrol.

John PickupChairman,AvingtonSystems

Jonathan ReuvidAssociatePublisher,KoganPage

Doing business in China – an imperative for growing companies

AnycompaniesconsideringdoingbusinesswithChina,currentlytheworld’ssecondbiggesteconomy,needtoconsiderthebusiness

environment,operationalriskandthecriteriabehindforeigninvestment.SosaysJohnPickup,whohasbeenworkingwiththeChinesesince1992,andJonathanReuvid,whohasover25years’experienceofjointventureanddevelopmentstart-upsinChina.

Thetwosessionleaders,whobetweenthemhavepublishedmanybooksandarticlesonChina,willtackleissuesaroundChinesebusinessandoutsourcingwhentheworldeconomyremainsfragile.

Paul MasonAward-winningNewsnightJournalist

Twenty reasons why it’s all kicking off everywhere

AftertheArabSpringdemocraticuprisingsandprotests,andrecentriotsacrosstheUKandotherpartsoftheworld,Newsnight’seconomicseditorPaulMasonexaminesthesocialdynamics,theroleoftechnologyandtheimplicationsforbusinessesandotherorganisations.

Aleadingbroadcastjournalistwiththeawardstomatch,Paulsayshisagendais‘profit,peopleandplanet’andhasauthoredbooksontheglobalisationoftheworkingclassandtheinternationaleconomiccrisis.Aformerprofessionalmusicologist,PaulhaspreviouslyspeculatedonappointingLadyGagaasheadoftheInternationalMonetaryFund.

Peter RobertshawSVPofGlobalMarketing,ActiveRisk(formerlyStrategicThoughtGroup)

What makes a great risk manager? And how can they communicate effectively with the board?

Whatmakesagreatriskmanagerandhowcanorganisationsattractandretainthesepeople?PeterRobertshawofActiveRiskdiscussesthefindingsofaglobalsurveydesignedtopinpointthetraitsoftheultimateriskprofessional,whilealsoexaminingthebestwaysforboardsandriskmanagerstocommunicateandprotecttheircorporatereputations.

WithexperienceacrossIT,consultancy,productmanagementandmarketing,PeterhasworkedaroundtheglobeforERPprovidersSAPandIFS,inmanagementinformationforUnileverandisalsoaboardmemberofBASDA,theUKbusinesssoftwaretradebody.

Jed TurnbullAssociateDirector,RSMTenon

Assurance Mapping

BuildingonideasdevelopedbyheadsofriskandassuranceinFTSE

250companies,thissessionlooksatthedifficultiesfacedinmappingassurance–benchmarkingandreviewinggovernancestructures–andhowthesemapscanbeturnedintoactionplans.

JedTurnbullhasworkedinavarietyofriskrolesandarguesthatassurancemappingcanhelpboardsunderstandtheirrisksinrelationtoriskappetiteandstrategy.Findoutwhatroleriskmanagerscanplayintheprocess.

Bridget RosewellEconomistandNetworkRailNon-ExecutiveDirector How do you assess external circumstances in an uncertain world? Perspectives of a non-executive director

PreviouslyaneconomicsadvisertoformerBritishChancelloroftheExchequerKennethClarkeandcurrentchiefeconomicsadvisertotheGreaterLondonAuthority,BridgetRosewellisoneoftheUK’smostinfluentialeconomists.Witha20-yeartrackrecordinadvisingpublicandprivatesectorclients,Bridget’sexpertiseincludeseconomicdevelopment,transporteconomicsandpolicyanalysis.

Page 4: IRM Risk Leaders Conference

Question time panel

IRMhasrecentlyproducedathoughtleadershippapertoprovideguidancetodirectors,riskprofessionalsandothersinrelationtothepartoftheUKCorporateGovernanceCodethatstatesthat“the board is responsible for determining the nature and extent of the significant risks it is willing to take in achieving its strategic objectives”.Exactlyhowboardsshouldgoaboutthisisstillanevolvingareawithmanycontrastingviews.

OurlivelydebateonhoworganisationsshouldaddressthischallengewillbechairedbyAnthonyHiltonandwillgiveourdelegatestheopportunitytoquestionourexpertpanelonthefollowing:

• Whatisriskappetite?• Howcanitbemeasuredinameaningfulway?• Whataboutpublicsectorbodiesandnot-for-profits?• Howareorganisationsapplyingtheconceptsinpractice?

• Howdocontrolandauditfitintothepicture?

Questionourexpertpanelistsonthechallengesofhowboardsshoulddeterminethenatureandextentofthesignificantrisksitiswillingtotakeinachievingitsstrategicobjectives.

Justin SkinnerHeadofEnterpriseRiskManagement,QBEEuropeanOperations

Getting value from risk management – what can other businesses learn

from the insurance sector’s experience of Solvency II?

ForthepastthreeyearsinsurancecompaniesacrossEuropehavetakenpartinamassiveexercisethathasbroughtriskmanagementrighttotheheartoftheirbusinesses.Recognisingtheimportanceofeffectiveriskmanagementinkeepingbusinessesstableandsolvent,Europeanregulatorshaverequiredinsurancecompaniestodemonstratethatriskmanagementistrulyembeddedinthemanagementofthebusiness,clearlysupportingdecision-makingandbusinessprocesses.

JustinSkinner,HeadofEnterpriseRiskManagementforQBEEuropeanOperations,willexplainthejourneyundertakenbyQBEinnotonlymeetingtherequirementsofthelegislationbutatthesametimegettingmaximumvaluefromtheprocess.Thesessionwillfocusontheimportanceofdevelopinggoodqualityriskmanagementinformationandthenusingthistounderstandriskappetite,makebetterqualitydecisions,optimiseperformanceandanticipateeventsandopportunities.

Alan Cleary United Nations Negotiator

Getting away with getting your own way – negotiation: some tricks of the trade

Packedwithtricksofthetradedesignedtogiveyoutheadvantageoveryouropponent,one-timeIRMchairmanAlanClearybringstipsforanyonelookingtobecomeanaccomplishednegotiator.TheformermemberoftheUN’scompensationcommissiondiscussesnegotiationskillsfromtheinitialphasetothedeadlinestage.

Withavariedbackgroundencompassingmilitaryservice,insuranceandtakingresponsibilityforsettling2.6millionpropertyandbusinessinterruptionclaimsaftertheIraqiinvasionandoccupationofKuwait,Alannowownsanumberofinternationalbusinessesandfrequentlywritesandspeaksaboutinsuranceandnegotiation.

Panelists

Richard Anderson MIRM,Managing

Director,CroweHorwathGlobalRiskConsulting,IRMDeputyChairmanandmainauthorofIRM’srecentriskappetiteguidance

Jackie CainPolicyDirector,CharteredInstituteofInternalAuditors(IIA)

Simon Evans,AssociateDirectorofRiskAdvisoryServices,RSMTenon

Chris HodgeMIRM,HeadofCorporateGovernance,

FinancialReportingCouncil

Hans Læssøe SIRM,SeniorDirectorofStrategicRisk

Management,LegoGroup

Steven Shackleford MIRM,SeniorAcademicinAuditandRisk

Management,BirminghamCityUniversity

John Summers,MIRM,ChiefAdvisorforRisk,RioTinto

“ This is easily the most useful conference of its kind.” Anthony Hilton

FinancialEditor,LondonEveningStandard

Page 5: IRM Risk Leaders Conference

Programme

09:15 – 09:45 Registration

09:45 – 09:50 Opening remarks: Alex Hindson FIRM, IRM Chairman

09:50 – 10:10 Anthony Hilton Financial Editor, London Evening StandardHow to speak truth unto power: lessons for risk management and governance from the misfortunes of News Corporation and other crisis-hit organisations

10:10 – 11:10 Paul Mason Newsnight Journalist

11:10 – 11:40 Refreshments

15:45 – 16:15 Refreshments

16:15 – 17:15 Bridget Rosewell Economist and Network Rail Non-Executive Director

17:15 – 17:30 Closing remarks, Anthony Hilton

11:40 – 12:40 Session A1Getting away with getting your own way – negotiation: some tricks of the tradeAlan Cleary United Nations Negotiator

Session B1What makes a great risk manager? And how can they communicate effectively with the board?Peter Robertshaw SVP of Global Marketing, Active Risk (formerly Strategic Thought Group)

Session C1Turnbull: past, present and futureChris Hodge Head of Corporate Governance, Financial Reporting Council and Jonathan Hunt Head, Technical Projects, ICAEW

12:40 – 13:40 Lunch

13:40 – 14:40 Question time panel – risk appetite and risk toleranceQuestion our expert panelists on the challenges of how boards should determine the nature and extent of the significant risks it is willing to take in achieving its strategic objectives

14:45 – 15:45 Session A2Doing business in China – an imperative for growing businessJonathan Reuvid Associate Publisher, Kogan Page and John Pickup Chairman, Avington Systems

Session B2Assurance MappingJed Turnbull Associate Director, RSM Tenon

Session C2Getting value from risk management – what can other businesses learn from the insurance sector’s experience of Solvency II? Justin Skinner Head of Enterprise Risk Management, QBE European Operations

To book your place online: www.irmriskleaders.org

Page 6: IRM Risk Leaders Conference

The Institute of Risk Management6Lloyd’sAvenueLondonEC3N3AXUK

T +44(0)2077099808E [email protected]

To book, please visit our dedicated event website www.irmriskleaders.org

FeesIRMmembers £495 + VATNonmembers £595 + VATGrouprate* £445 + VAT

*(perpersonwhenthreeormoredelegatesbookandpayfromthesameorganisation)

Booking & Fees

Risk management awards

Whynotcontinuenetworkingintotheeveningandattendwhatissuretobeanotheramazingawardsdinner,recognisingexcellenceandinnovationinriskmanagement.ThedinnerwillonceagainbeheldattheLancasterLondonHotelandwillbehostedbyRubyWax.Thehotelisonlyafiveminutewalkfromtheconference.

19:00 Drinks reception 19:45 Awards dinner 22:30 Entertainment and cash bar 02:00 Carriages

Dresscode:blacktie

Tobookyourplaceortableatthedinnervisitwww.rmprofessional.com/awards

Conference venue

HiltonLondonPaddingtonHotel146PraedStreet,London,W21EE,UK

Gettingtothehotelcouldnotbeeasier.Itiswellservedbyalltransportlinks.LondonHeathrowAirportisonly15minutesaway.Paddingtonrailandtubestationisonlyashortfiveminutewalkaway.

TheInstituteofRiskManagement(IRM)istheworld’sleadingenterprise-wideriskeducationInstitute.Weareindependent,well-respectedadvocatesoftheriskprofession,ownedbypractisingriskprofessionals.IRMpassionatelybelievesintheimportanceofriskmanagementandthatinvestmentineducationandcontinuingprofessionaldevelopmentleadstomoreeffectiveriskmanagement.

Weprovidequalifications,shortcoursesandeventsatarangeoflevelsfromintroductorytoexpert.IRMsupportsriskprofessionalsbyprovidingtheskillsandtoolsneededtoputtheoryintopracticeinordertodealwiththedemandsofaconstantlychanging,sophisticatedandchallengingbusinessenvironment.

Weoperateinternationally,withmembersandstudentsinover90countries,drawnfromavarietyofrisk-relateddisciplinesandawiderangeofindustries.

Asanot-for-profitorganisation,IRMreinvestsanysurplusfromitsactivitiesinthedevelopmentofinternationalqualifications,membership,shortcoursesandevents.

About IRM

Risk Management Professional:theofficialmagazineofTheInstituteofRiskManagement