May 31, 2007
PRMIA New York Offers Risk Management Professionals a Look Into the Evolving Role of Technology Solutions
PRMIA New York will host the Frontiers in Technology Forum on Tuesday, June 12. This event is intended to educate risk professionals and stimulate discussion about the challenges and opportunities created by technology, current trends, and forward-thinking solutions.
The day's program includes key regulators, practitioners from small hedge funds to the world's largest financial institutions, and the developers of new technology solutions. The event is valuable for anyone in the risk management field who manages the risk of technology or who relies on technology to manage risk.
"The Frontiers in Technology Forum provides an excellent opportunity for the full spectrum of risk professionals to get a high-level briefing on how technology will affect their future," says James Tunkey, Regional Director, PRMIA New York. "Attendees will take away winning strategies for managing today's technology risks and insight into how technology will impact market, credit, and other risk management in the years ahead."
The Frontiers in Technology Forum will be held from 8:00 a.m. – 6:00 p.m. at the Harvard Club of New York City, located at 35 W. 44th Street. The cost is $475 for free members and non-members, with sustaining members paying $325. This event is proudly sponsored by Asset Control, IBM, SunGard, and Teradata. To register, click here, or call 917-421-9651. A full event brochure can be downloaded here.
Posted by dkoenig at 01:37 AM
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May 25, 2007
Vinayak Kamat Named 2007 PRM Candidate of the Year
Vinayak Kamat, of HSBC Software Development India, in Pune, has been named the 2007 PRM Candidate of the Year.
Mr. Kamat was chosen from those nominated for this award based on his excellent exam scores, top ranking among candidates who answered five essay questions and his performance during a telephone interview of five finalists.

"This is a highly prestigious award, identifying the best of the best among our PRM holders," said David R. Koenig, Executive Director of PRMIA. "We were highly impressed by Vinayak and congratulate him on this international recognition."
Past winners of the PRM Candidate of the Year Award include:
Francois Bourdon, Quantitative Strategist, Fiera Capital, Montreal, (2004 PRM Candidate of the Year)
Tan You Leong, Business Manager, Group Risk Management, OCBC Bank, Singapore, (2004 PRM Candidate of the Year)
Rene Sanda, Director, Banco do Brasil, Brasilia, (2005 PRM Candidate of the Year)
Elizabeth Castagna, Associate Director Investment Compliance, Fidelity International, Pembroke, (2006 PRM Candidate of the Year)
This year's nominees included:
Li-Ming Chen, Taipei Fubon Bank, Taipei, Taiwan
Kristian Greisen, Nykredit Bank, Copenhagen, Denmark
Sian Hwee Ong, Reuters Asia Pte Ltd, Singapore, Singapore
Konstantin Zukker, Algorithmics, Toronto, Canada
Sau Kei Li, HSBC Insurance (Asia-Pacific) Holdings Limited, Hong Kong, Hong Kong
Vinayak Kamat, HSBC Software Development India Private Limited, Pune, India
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 finalists for this award included Vinayak and:
Konstantin Zukker, Algorithmics, Toronto, Canada
Sau Kei Li, HSBC Insurance (Asia-Pacific) Holdings Limited, Hong Kong, Hong Kong
Kristian Greisen, Nykredit Bank, Copenhagen, Denmark
Roman Jarocki, KPMG, London, United Kingdom
The review committee who selected the winners included:
Oscar McCarthy, Risk Manager, ABN Amro Bank NV, Amsterdam, (PRMIA Education and Standards Committee)
Francois Bourdon, Quantitative Strategist, Fiera Capital, Montreal, (2004 PRM Candidate of the Year)
Tan You Leong, Business Manager, Group Risk Management, OCBC Bank, Singapore, (2004 PRM Candidate of the Year)
Krzysztof Jajuga, Professor, Wroclaw University of Economics, Wroclaw, (PRMIA Education and Standards Committee)
Elizabeth Castagna, Associate Director Investment Compliance, Fidelity International, Pembroke, (2006 PRM Candidate of the Year)
Rene Sanda, Director, Banco do Brasil, Brasilia, (2005 PRM Candidate of the Year)
Sai Sireesh, Director & Global Head, Risk Mgmt. & Compliance Strategy & Solutions, Microsoft Corp, Financial Services Group, Seattle, (Former Regional Director, PRMIA Singapore)
Karina Carrero, RD PRMIA Venezuela, PRMIA, Caracas, (Regional Director, PRMIA Venezuela)
Nawal Roy, Vice President, Moody\'s Investor\'s Service, Jersey City, (PRMIA Education and Standards Committee)
Kostas Giannopolis, Professor, the British University in Dubai, Dubai, (Regional Director, PRMIA UAE)
Paul Gwee, Senior Vice President, United Overseas Bank Group, Singapore, (Regional Director, PRMIA Singapore)
A listing of all past award winners can be found by clicking here.
Posted by dkoenig at 08:06 AM
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May 18, 2007
Bahrain Institute of Banking and Finance Selects PRM Certification for Training Program - David Rowe Opens Seminar
The Bahrain Institute of Banking and Finance has chosen the PRM certification as the one around which to build its training program for risk managers. PRMIA Education and Standards Committee co-Chair, Dr. David Rowe, was on hand for the launch of this program.

"First of all many thanks to PRMIA and to David Koenig, David Rowe and David Miller for making this happen at the BIBF," said Dr. Subhadra Ganguli, Senior Lecturer, Banking Learning Center at BIBF. "We had a good response from the industry and we have many candidates registered for our preparatory course starting on May 19th."
Mr. Hussain Al Ajmi, Division Head, Learning Centers, at the BIBF said "The vast majority of banks and other financial institutions are realizing the importance of risk management in all aspects of their operations. Bahrain needs to develop a pool of professionals in this area. BIBF is working to fulfil the needs of the industry to that effect."
Dr Ganguli stressed the importance of risk management in protecting banks, and financial systems, against financial crisis which could lead to collapse. "Risk management is no longer an option. Identifying and efficiently managing risk is equally important for maximizing profits and returns to shareholders," she said.
The new BIBF programme, the PRM, is aimed at preparing a new breed of high caliber risk management professionals, who can capably steer their respective institutions to even higher levels of success
The PRM certification was selected after a rigorous review of alternatives for risk professionals. It was identified as the best program, continuing the adoption and recognition of the PRM as the true global standard for financial risk professionals.
"We're very pleased to see the PRM be recognized by BIBF and are particularly pleased that the choice of the PRM came about after a thorough review by leading risk management executives in Bahrain," said David R. Koenig, PRMIA's Executive Director.
The PRM certification is the higher standard for risk professionals. It is the only risk certification program to have received numerous public endorsements by leading university programs and business serving the risk profession. More than 2,000 candidates in over 90 countries are pursuing the PRM.
For more information on the BIBF program contact the BIBF Banking Learning Center team on Tel: 17815555, Fax: 17729928 or E-mail: infodesk@bibf.com
More news on this program can be found by clicking here.
Posted by dkoenig at 05:06 AM
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May 02, 2007
PRM Candidate of the Year Finalists and Award of Merit Winners Announced
The Professional Risk Managers’ International Association (PRMIA) today announced the winners of the 2007 PRM Award of Merit and the finalists for the 2007 PRM Candidate of the Year Award.
The finalists for the PRM Candidate of the Year Award were selected by a committee of academic and professional leaders from around the globe. The selections were based on the candidates' performance on the exams of the Professional Risk Manager (PRM) certification program and their responses to a set of essay questions regarding risk management culture and application. The finalists named today are:
Kristian Greisen, Nykredit Bank, Copenhagen, Denmark
Konstantin Zukker, Algorithmics, Toronto, Canada
Sau Kei Li, HSBC Insurance (Asia-Pacific) Holdings Limited, Hong Kong, Hong Kong
Vinayak Kamat, HSBC Software Development India Private Limited, Pune, India
Roman Jarocki, KPMG, London, United Kingdom
In addition to naming the finalist for the 2007 PRM Candidate of the Year Award, PRMIA announced that the following holders of the PRM designation have been awarded the 2007 PRM Award of Merit for their performance on the exams of the program:
Li-Ming Chen, Taipei Fubon Bank, Taipei, Taiwan
Sian Hwee Ong, Reuters Asia 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
Bjoern Huether, VersAM Versicherungs-Assetmanagement GmbH, Muenster, Germany
The committee members who selected the finalists include:
Oscar McCarthy, Risk Manager, ABN Amro Bank NV, Amsterdam, (PRMIA Education and Standards Committee)
Francois Bourdon, Quantitative Strategist, Fiera Capital, Montreal, (2004 PRM Candidate of the Year)
Tan You Leong, Business Manager, Group Risk Management, OCBC Bank, Singapore, (2004 PRM Candidate of the Year)
Krzysztof Jajuga, Professor, Wroclaw University of Economics, Wroclaw, (PRMIA Education and Standards Committee)
Elizabeth Castagna, Associate Director Investment Compliance, Fidelity International, Pembroke, (2006 PRM Candidate of the Year)
Rene Sanda, Director, Banco do Brasil, Brasilia, (2005 PRM Candidate of the Year)
Sai Sireesh, Director & Global Head, Risk Mgmt. & Compliance Strategy & Solutions, Microsoft Corp, Financial Services Group, Seattle, (Former Regional Director, PRMIA Singapore)
Karina Carrero, RD PRMIA Venezuela, PRMIA, Caracas, (Regional Director, PRMIA Venezuela)
Nawal Roy, Vice President, Moody\'s Investor\'s Service, Jersey City, (PRMIA Education and Standards Committee)
Kostas Giannopolis, Professor, the British University in Dubai, Dubai, (Regional Director, PRMIA UAE)
Paul Gwee, Senior Vice President, United Overseas Bank Group, Singapore, (Regional Director, PRMIA Singapore)
The winner of the PRM Candidate of the Year Award will be announced during the week of May 21st, 2007.
Posted by dkoenig at 04:31 AM
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May 01, 2007
Top PRM Candidates in First Quarter of 2007 Come From Canada, France, Brazil, Germany, Switzerland and Singapore
We extend our congratulations to the following candidates for the PRM certification program who have attained the top scores globally during the first quarter of 2007:
Exam I - Finance Theory, Financial Instruments and Markets
Luc Gregoire, Quebec, Canada
Bernd Schuster, BayernLB, Munich, Germany
Philippe Vacher, Basler Versicherungs-Gesellschaft, Basel, Switzerland
Exam II - Mathematical Foundations of Risk Measurement
Maria El Khomsi, IXIS AM, Paris, France
Kianli Lim, Credit Suisse, Singapore, Singapore
Sebastien Forte', HEC Montreal, Montreal, Canada
Exam III - Risk Management Best Practices
Sebastien Forte', HEC Montreal, Montreal, Canada
Exam IV - Case Studies, Governance, Conduct
Christoph Janssen, Vinhedo, Brazil
Candidates who attain the top score for the entire year on any of the four exams of the PRM certification program are recognized with the PRM Focus Award. Top candidates overall are recognized through the annual PRM Candidate of the Year program.
Posted by dkoenig at 10:39 AM
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Four Candidates Earn Perfect Scores on PRM Exams in First Quarter of 2007
Congratulations to the following PRM candidates who earned perfect scores on one of the exams of the PRM certification program during the first quarter of 2007:
Exam II - Mathematical Foundations of Risk Measurement
Maria El Khomsi, Risk Manager, IXIS AM, Paris, France
Kianli Lim, Product Control, Credit Suisse, Singapore, Singapore
Sebastien Forte', M.Sc. Financial Engineering Student, HEC Montreal, Montreal, Canada
Exam IV - Governance, Case Studies, Ethics and Best Practices
Christoph Janssen, Rating Specialist, Vinhedo, Brazil
PRM candidates come from over 90 countries around the world. Successful candidates pursuing the PRM demonstrate themselves as the higher standard holders among risk professionals.
Posted by dkoenig at 10:20 AM
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