Liquidity Risk Appetite – changes required post 2023 banking crisis?

Summary

We are excited to launch the new chapter Liquidity Risk: We will dive into participants’ experiences with risk appetite, modeling, frameworks, and asset/liability management, exploring regulatory and 2023 crisis impacts on risk management practices. The first event of the series is “changes required post 2023 banking crisis?”

In 2023 we have seen banks in US losing the majority of their deposits in hours and other bank’s losing trust and business within days. If everybody can move money “en masse” in a matter of days is this the end of traditional banking? Should banks rethink their business model and adjust their risk appetite?

SRA discusses these strategic risk issues with Gian Marco Martino, Katja Pluto and Kim Fox. The discussion will delve on the topics of the changes to Board’s liquidity risk appetite in the digital era, integrated stress testing and crisis preparedness, and changes to banking business model.

Join us and take your chance to debate with our experts on what balance sheet risks a bank can really afford and what is to be expected in 2024!

Presenters

• Gian Marco Martino, Independent Consultant at SWP Strategy GmbH.
  With over two decades of experience in the banking sector, Gian Marco currently works as an independent consultant in the area of Finance, Risk and Treasury. He previously held various positions at Credit Suisse Group as Group Treasurer, Head of Enterprise Risk Management and Head of Capital Management. His expertise encompasses the development and implementation of finance and risk strategic operating models, as well as business mitigation, recovery and resolution plans. He worked on a number of projects optimizing resources across capital, assets-liabilities and liquidity. His competences extend to managing enterprise risk and implementing the required governance and scenarios.
• Katja Pluto, Non-Executive Board Director at European Investment Bank, MS Reinsurance and Axpo.
  Financial executive with a background in risk management, financial regulation, and sustainability. She is member of the Audit Committee at EIB and a Non-Executive Board Director at Axpo and MS Reinsurance and chairs the Risk Committee of the latter. Her previous executive tenure at Zurich Insurance and HSBC as CRO of various businesses and geographies showcases her depth in insurance and banking, underpinning her comprehensive understanding of the global financial services landscape.
• Kim Fox, Independent Non-Executive Director.
  Currently on the Board of Directors at HSBC Private Bank in both Luxembourg and Switzerland, she has been instrumental in shaping the strategic direction while chairing the Audit and/or Risk Committees of the Global Bank’s subsidiaries. Previously, Kim held the position of Managing Director at Credit Suisse, where she led capital management efforts, showcasing her skills in capital forecasting, Basel 3 compliance, and capital markets strategy. Prior to that, she was Assistant Treasurer at JP Morgan in NY. Kim’s distinguished career, marked by leadership in capital management and strategic advisory roles, underscores her profound influence in the banking and finance community.

Introduction by Serena Fioravanti, Board Member Swiss Risk Association.

Agenda

18:15 Doors open – Name Tag Collection
18:30 Introduction (Serena Fioravanti)
18:40 Presentation (Gian Marco Martino)
19:00 Panel Discussion (Gian Marco Martino, Katja Pluto, Kim Fox)
19:30 Questions & Answers ​(all)
20:00 Networking drinks (all)
21:00 End

Chapter Event

This Chapter Event is available to members and free. We will be presenting one or more speakers to share their knowledge, updates and best practices on a specific risk topic. Within the small groups of risk professionals you can exchange thoughts and test ideas. This event is hosted by chapter Liquidity Risk.