Nuances of Risk Management Amid Radical Uncertainties

Nuances of Risk Management Amid Radical Uncertainties
PRMIA Hyderabad launches their Chapter and presents a virtual event: Nuances of Risk Management Amid Radical Uncertainties.
 
  Date:
April 23, 2021

  Time:
6:00 p.m. - 7:45 p.m. IST
8:30 a.m. - 10:15 a.m. EDT

  Location:
Virtual Event

 Session Length:
105 minutes


 

The world is facing atypical challenges such as negative yields, targeted long term monetary operations, reflation, huge stimulus packages, uneven forex prices, substantial increase in insurance risk premia, etc which are due to the contemporary challenges including covid pandemic and few global economic factors. These developments warrant dynamic and contemporary risk management policies and practices and high level deliberations.

This virtual event aims to bring together top leaders from diverse fields of finance, banking, insurance and technology to explore strategic and practical solutions to emerging   issues and challenges.
 


Agenda  
  Time   Event  
 
     
  18:00 - 18:05
  Welcome and Opening Remarks
Dr. Nirakar Pradhan, CFA, PRM, CEO, India
 
 
     
  18:05 - 18:15   Address by Global CEO, PRMIA
Ken Radigan, PRM, CEO, PRMIA
 
 
     
  18:15 - 18:35
  Virtual Inauguration of Hyderabad Chapter by Chief Guest
Shri Rangachary N
, Founding Chairman, IRDAI  
 
         
  18:35 - 18:55    Key Note Address
Shri Praveen Kumar Gupta, Former Managing Director, State Bank of India
 
         
  18:55 - 19:30   

Panel Discussion

  • Shri Vishesh Kumar Srivastava, Chief Risk Officer, Punjab National Bank
  • Shri Piyush Kabra, Chief Risk Officer, Mindtree
  • Shri Siddhartha Sanyal, Chief Economist, Bandhan Bank

Moderator:

  • Prof (Dr) Srinivasa Rao, IIRM, Hyderabad
 
         
  19:30 - 19:40    Q & A   
 
     
  19:40 - 19:45    Vote of Thanks
Shri Sravan Janaswamy, Regional Director, PRMIA Hyderabad 
 
         

Agenda is subject to modifications. 



Speakers  

  
 
  Mr Rangachary N
Mr Rangachary N is a fellow member of the Institute of Chartered Accountants of India, the Institute of Cost Accountants of India, and Institute of Company Secretaries of India. 
He has served as the Chairman of Central Board of Direct Taxes in India and at the Insurance Regulatory and Development Authority of India as its founder Chairman. Also he has served as the Advisor to the Government of Andhra Pradesh on Finance. 
He was a member of the Expert Committee on General Anti-Avoidance Rules (GAAR) and headed the Committee to Review Taxation of Development Centers and the IT Sector, a high-level committee set up by the Prime Minister in the year 2012 for bringing clarity on taxation issues, pertaining to the Information-Technology sector and development-related centers.
As a Chartered Accountant, he is associated with the Institute of Chartered Accountants of India, in various Committees in different capacities. Also, he is associated at Board level, in several Blue chip Companies in India.
 
       
  Praveen Kumar Gupta
Mr. Praveen  Kumar Gupta retired as  Managing Director of the State Bank of India on 31st March 2020. He was appointed as MD of SBI by the Government of India in November, 2015. He was on the Board of SBI for about four and half years. He is now associated with Bank of Baroda as Senior Advisor.
Mr Gupta held a number of very challenging assignments in his over 37 year long career with SBI, some of which are: 
- As Managing Director, he looked after the entire Risk and Compliance function in the Bank for about two years. Some of the initiatives to strengthen risk management included introduction of Independent Risk Advisory for credit proposals, Risk sign-off for product and process changes, ISO Certification for Risk Management Department etc. Subsequently, he led the retail banking operations of SBI. He also led all the digital initiatives of the Bank, including the flagship YONO.
- Managing Director & CEO, SBI Capital Markets Ltd., the merchant banking subsidiary of SBI.
- Deputy Managing Director and Chief Financial Officer of the Bank.
- Dy. Chief Executive Officer of the SBI Macquarie Infrastructure Fund, which is a private equity fund promoted by State Bank of India along with Macquarie Bank of Australia with a corpus of US Dollar 1.2 billion.
- Chief Executive Officer of the Bahrain Offshore Banking Unit and the Regional head for the Middle East and North Africa regions. 
Mr. Gupta is a past Chairman of Forex Exchange Dealers Association of India (FEDAI). He was a member of the MSME Experts Committee headed by Mr U K Sinha, former Chairman of SEBI constituted by the Reserve Bank of India.
 
       
  K. Srinivasa Rao
K. Srinivasa Rao is presently  Adjunct Professor, Institute of Insurance and Risk Management-IIRM, Hyderabad. Formerly, he was Director, National Institute of Banking Studies and Corporate Management (NIBSCOM) and has been an Associate Professor at NIBM, Pune.
He has been a career banker with Bank of Baroda and last held the position of General Manager- Strategic Planning and was Secretary to Board, Bank of Baroda. 
His academic accomplishments include Ph.d, MBA Finance and LLB. 
 
       
  Piyush Kabra
Piyush Kabra is a risk leader with 20 years' experience in Enterprise Risk Management, information security, Business Continuity Management (BCM), consulting and audits. Currently, he is  running the COVID-19 response program along with enterprise risk management, business continuity and supplier risk for Mindtree, a billion $ company. He is an MBA from XLRI, Jamshedpur and has also completed the CIA, CISA, CISM, CIRM and APRMIA certifications.

 
       
  Mr Vishesh Kumar Srivastava
Mr Vishesh Kumar Srivastava, FRM, is Group Chief Risk Officer of Punjab National Bank and is based out of New Delhi. 
He brings with him over 31 years of rich and diversified experience in Risk Management, Retail & Corporate Banking. He has driven crucial functions of Team Management,  Business Development, Risk Management,  Control and Compliance, Customer Service, Complaints, NPA Management, MIS reports, encompassing strategy for business growth, Identification of new streams of revenue, Cross selling of products & services of the bank. 

His professional accomplishments include FRM Certification from GARP, USA and  Post Graduate Diploma in Banking & Finance from NIBM, Pune, CAIIB & DTIRM from Indian Institute of Banking & Finance  
 
       
  Siddhartha Sanyal
Siddhartha Sanyal is Chief Economist & Head Research, Bandhan Bank

Siddhartha Sanyal  is a senior economist with 20+ years of experience in economic research covering multiple domains of macro economy,  public policy and capital markets. His professional career spans across Reserve Bank of India, Barclays and Edelweiss Capital. He is a ranked India economist in multiple occasions (eg., FinanceAsia Fixed Income Research polls).

Siddhartha holds a First Class MA in Economics from JNU, New Delhi; CFA and PGDBA from ICFAI, Hyderabad; and CAIIB in first class with distinction from IIBF, Mumbai.
 
       
  Ken Radigan, CEO, PRMIA
Ken Radigan is the Global CEO of the Professional Risk Managers’ International Association (PRMIA). He also teaches Insurance Risk Management at Columbia University’s Master of Professional Studies in Insurance Management. He has served as the Chief Risk Officer (CRO) for US and Bermuda platforms of Aspen. Prior to this, Ken was the CRO for the Casualty and Global Risk Solutions Divisions of AIG, where he worked for over 25 years in various leadership positions. He was also the inventor of two US Patents on Nuclear Decommissioning Insurance. He has a Bachelor of Arts degree with a major in Mathematics from the University of Dayton and has several professional designations in the fields of Risk Management and Insurance.
 
       
  Sravan Janaswamy 
Sravan has over four years of professional experience in fixed income advisory and portfolio management. He is currently working as Fund Manager (Fixed Income)  at Shriram Life Insurance, Hyderabad. Prior to this, he worked with Edelweiss in their Fixed Income Advisory team. He is an alumnus of the prestigious Indian Institute of Foreign Trade(IIFT), New Delhi. 
 
       
  Nirakar Pradhan, CEO, India
Dr Nirakar Pradhan is the India CEO of the Professional Risk Managers’ International Association (PRMIA). Recognized for his performance track record in Treasury, Investment and Enterprise Risk Management, Nirakar led high performing teams in State Bank of India and Generali Group. His previous assignments include Head of Investment Control, Generali Investments (Paris), Chief Investment Officer, Future Generali India Life Insurance, Head of Investments (SBI, Frankfurt), Head of Treasury (SBI Gilts, now DFHI,). He holds a Ph.D. in Business Administration from Utkal University, India. He is a CFA Charter Holder, Certified Financial Risk Manager, Professional Risk Manager and Certified Associate of Indian Institute of Bankers.  A multi-lingual communicator, Nirakar takes keen interest in promoting financial education, innovation and best market practices.
 
       




Continued Risk Learning Credits: 1

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. To request CRL credits, please email [email protected].


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When
4/23/2021 8:30 AM - 10:15 AM
Eastern Daylight Time

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