March 28, 2007
Nine Members Honored with 2007 PRM Focus Award of Distinction
The Professional Risk Managers' International Association (PRMIA) today has honored nine PRM certification candidates with its 2007 Focus Award of Distinction.
The Focus Award of Distinction is given to risk managers achieving the top scores of all candidates in the world, on one of the four required exams of the PRM program during the prior calendar year. This is the fourth year the award has been given. The winners are:
Exam I - Finance Theory, Financial Instruments and Markets
Etienne Parent, PowerAdvocate, Boston, United States of America
Exam II - Mathematical Foundations of Risk Measurement
Kristian Greisen, Nykredit Bank, Copenhagen, Denmark
Ing Chian Ching, CCA Strategies, Atlanta, United States of America
Konstantin Zukker, Algorithmics, Toronto, Canada
Sau Kei Li, HSBC Insurance (Asia-Pacific) Holdings Limited, Hong Kong
Yiu Kei Cheung, Hong Kong
Grzegorz Gawron, Lehman Brothers, London, United Kingdom
Exam III - Risk Management Practices
Xuan Kong, NEUROMetrix Inc, Waltham, United States of America
Exam IV - Case Studies and Standards of Best Practice, Conduct and Ethics
Saleem Husain, Citigroup Investment Bank, New York, United States of America
"The PRM Focus Awards of Distinction recognize individual excellence in one of the fundamental areas of knowledge and understanding required to be a successful professional risk manager" says David R. Koenig, PRMIA's Executive Director. "These winners were the top in the world and we draw special attention to the perfect scores achieved on Exams II and IV by this year's winners."
PRM candidates come from over 95 countries around the world, more than any other risk certification program. The PRM has been endorsed by leading university programs and businesses around the world as the global standard for risk management professionals.
Past winners are profiled online.
About PRMIA and the PRM
PRMIA is the Professional Risk Managers' International Association. A non-profit, member-led organization, PRMIA is dedicated to advancing high global standards of risk management through dialog and collaboration. PRMIA has over 40,000 members in 60 chapters and more than 175 countries around the world. PRMIA offers the only globally-endorsed Professional Risk Manager (PRM) certification program. Over 1,900 candidates in more than 95 countries are currently pursuing the PRM designation, more countries than any other risk certification program. More information can be found at www.PRMIA.org.
Posted by dkoenig at 03:15 PM
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March 21, 2007
Chinese University Programs Endorse PRM Certification
The Professional Risk Managers' International Association (PRMIA) today announced that the Professional Risk Manager (PRM) certification program has received formal backing from the RiskChina Research Center, the School of Information Management and Engineering at Shanghai University of Finance and Economics, the Statistics and Finance Department at University of Science and Technology of China, the School of Management and Economics and Laboratory of Knowledge Discovery and Data Analysis at Beijing Institute of Technology, and the International School of Software Engineering at Wuhan University.
"Risk management in China, especially among banks and insurance companies, is evolving quickly. The adoption of an international standard like the PRM is recognition of the need for all financial institutions to conduct risk management practices at the highest international levels," said David R. Koenig, Executive Director of PRMIA.
"As the unique international leader in risk management certification, PRMIA is performing one of the most value-added certification programs for financial risk managers around the world, the PRM," said Prof. Dash Wu, Director of the RiskChina Research Center (RCRC). "It is really exciting and challenging to introduce these leading certification programs to emerging economy such as China. RCRC endorses the PRM designation and is wholeheartedly taking the initiatives."
The PRM certification is offered at over 125 testing centers across mainland China, making it the only international risk certification program available to all Chinese financial institutions.
"We are very interested in collaborating with PRMIA regarding these research and endorsement issues," Dean Zheng Qin, from School of Information Management and Engineering, Shanghai University of Finance & Economics noted, “we believe the collaboration is very positive and we are looking forward to the intangible contributions in this area."
"We are glad to join RiskChina Research Center and other university programs in China in the endorsement of the PRM certification as the global standard which leads to Chinese risk managers to behave more professionally", said Barry Zhou, Dean of the International School of Software Engineering Wuhan University.
"I am happy to join in the endorsement of the PRM certification. I believe this is very promising and look forward to our collaboration!" said Professor Zhu Donghua, the Associate Dean of School of Management and Economics and Director of Laboratory of Knowledge Discovery and Data Analysis at Beijing Institute of Technology.
The PRM certification is the highest standard for financial risk managers worldwide, counting candidates in more than 90 countries. It has been formally endorsed by the Hong Kong University of Science and Technology Business School, the National University of Singapore Centre for Financial Engineering, the University of Toronto Risk Lab, the University of Reading ICMA Centre, Technical University of Munich - HVB-Institute for Mathematical Finance, the Macquarie University Applied Finance Center, a consortium of faculty in Paris representing ESCP-EAP, HEC, Ecole Polytechnique, Sorbonne and Université Paris Dauphine and Dr. Linda Kreitzmann, the Director of the Masters in Financial Engineering Program, Haas School of Business, University of California at Berkeley.
In addition, several leading service providers to the financial services industry have publicly endorsed the program including SunGard Trading and Risk, Algorithmics, The Canadian Securities Institute, Lombard Risk and MB Risk Management.
Posted by dkoenig at 04:46 AM
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March 20, 2007
Professional Risk Managers From Ten Countries Nominated For 2007 PRM Candidate Of The Year Award
The Professional Risk Managers' International Association (PRMIA) today announced the nominees for the 2007 PRM Candidate of the Year Award. This year, thirteen risk professionals, all who earned the prestigious PRM certification in 2006, have been nominated for the award.
Nominees are selected based on their performance across multiple exams in the PRM certification program. Each nominee scored in the top quantile on at least three of the four exams required to attain the PRM.
The nominees include:
Li-Ming Chen, Taipei Fubon Bank, Taipei, Taiwan
Kristian Greisen, Nykredit Bank, Copenhagen, Denmark
Sian Hwee Ong, Reuters Asia Pte Ltd, Singapore, Singapore
Konstantin Tsukker, Algorithmics, Toronto, Canada
Sau Kei Li, HSBC Life (International) Limited, Hong Kong, Hong Kong
Vinayak Kamat, HSBC Software India Private Limited, Pune, India
Zoubair Kachri, LSE Space E&O AG, Greifenberg, Germany
Ashish Srivastava, Reliance Asset Mgmt (S'pore) Pte Ltd, Singapore, Singapore
Tomasz Kubiak, Banking - Bank Pekao SA, Warsaw, Poland
Aviel Yukelson, Gutmark, Radtke & Company AG, Frankfurt, Germany
Graeme West, Financial Modelling Agency, Parktown North, South Africa
Roman Jarocki, KPMG, London, United Kingdom
Bjoern Huether, VersAM Versicherungs-Assetmanagement GmbH, Muenster, Germany
"The PRM certification exam process distinguishes the best risk professionals globally and these nominees represent the best of the best," said David R. Koenig, Executive Director of PRMIA. "Once again, the list of nominees is diverse geographically, demonstrating the global influence of the risk management practice and the PRM certification's place as the global standard for risk managers."
The nominees are now required to submit answers to essay questions that will be reviewed by a distinguished panel of academic and industry professionals. From these essay reviews, finalists for the PRM Candidate of the Year Award will be chosen. The finalists then move onto the next stage of evaluation, which includes personal interviews.
Past winners of the PRM Candidate of the Year Award include:
* Elizabeth Castagna, Assoc. Director Investment Compliance, Fidelity Int'l, Bermuda
* Rene Sanda, Director of Risk Management, Banco do Brasil, Brazil
* Tan You Leong, Business Manager, Group Risk Management, Singapore
* Francois Bourdon, Quantitative Strategist, Fiera Capital, Canada
The PRM Candidate of the Year Award winner will be announced in May 2007.
About PRMIA and the PRM
PRMIA is the Professional Risk Managers' International Association. A non-profit, member-led organization, PRMIA is dedicated to advancing high global standards of risk management through dialog and collaboration. PRMIA has over 40,000 members in 60 chapters and more than 175 countries around the world. PRMIA offers the only globally-endorsed Professional Risk Manager (PRM) certification program. Over 1,900 candidates in more than 90 countries are currently pursuing the PRM designation, more countries than any other risk certification program. More information can be found at www.PRMIA.org.
Posted by dkoenig at 10:56 AM
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March 07, 2007
PRMIA Institute Launches Two New Courses
The PRMIA Institute is launching two new courses featuring faculty members from the Fields Institute at the University of Toronto.
Prof. Luis Seco is teaching a Hedge Fund Risk Management course during April in Chicago, and during May in New York.
Dr. Dan Rosen is teaching an Economic Credit Capital Allocation course during May in Charlotte, New York and Boston.
Plans are also underway for new courses in Asia and North America this fall. For a full list of upcoming classroom courses from the PRMIA Institute, please click here.
Posted by dkoenig at 06:27 PM
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