Timings are in British Summer Time.
KEYNOTE
2020 – A pivotal year for commodities and risk management
- COVID-19 impact: What have we learnt from this crisis?
- Towards a real deglobalisation of the markets?
- Global climate change wake-up call: What will it change this year?
- How the rise of new technologies is shaping up the way we do trading, and risk management
09.35
What if water was the new commodity?
FEDERICA STRUMIA-MICHELINI, Head of Risk and Control, NESTE
10.00
NETWORKING BREAK
10.30
The macroeconomic context for commodity trading – Understanding the bigger picture to better manage risks
- General economic recession following the sanitary crisis: Will it last? What consequences do we see?
- Trade wars and popular uprising: Is this trend here to stay?
- Low interest rates: What if it rises again?
- How will this influence your approach to risk management?
LUKASZ BIELAK, Head of Financial and Market Risk, KGHM
11.05
What it means to be a risk professional in such a transitional period
- What has been the impact of the COVID-19 crisis on risk management? Have the business continuity plans been followed and to the standard we would expect them to be?
- What are the new risks emerging as a result of deglobalisation? How can they be monitored and mitigated?
- What impact has digitalisation on your day-to-day job? What steps are you taking, as a company and as a risk expert, to embrace the digital revolution? How to limit the increase of operational risk associated to this trend?
- Climate change and risks: Where are you?
- ESG criteria: How are you incorporating it in your risk management strategy?
- Looking at all the risks in a holistic way
CRAIG MACDOUGALL, Chief Risk Officer, KIMURA CAPITAL
KIM BENNI, Head of Risk, ALVEAN (CARGILL & COPERSUCAR JV)
HASSAN AL ALAWI, Senior Director, OMAN’S INFRASTRUCTURE MANAGEMENT FUND (OIM)
11.50
Climate risk – Is it a new financial risk?
- What is under the umbrella term of Climate risk?
- How to quantify climate risk: What tools do you need to
- quantify climate risk? What parameters do you look at?
- Looking at the direct and indirect impacts of climate risks
- Insurance: Where they can help
JAGDISH PARIHAR, Chief Risk and Compliance Officer, OLAM INTERNATIONAL
12.30
LUNCH BREAK & NETWORKING
Trade lifecycle risks
Operational and emerging risks
How to move from the classic models to VaR 2.0?
Cybersecurity risk: Not just a matter of security of your data
VaR calculation is currently based on classic literature. But now new models emerge, including machine learning-based methods, where models learn from models. How do you manage the transition? How do you avoid the calculation becoming a black box?
14.00
Stress testing: The post-COVID-19 best practices
Mitigating technology obsolescence risk: The check-list
- Increased regulators scrutiny – Why you shouldn’t underestimate the importance of stress-testing capabilities
- Practicing stress testing beyond the standard price shocks scenario – What else can you test? How often should you run testing?
- Documenting your stress testing activities
SCOTT WELLCOME, Director – Risk Management & Sourcing, GOODMILLS GROUP
- How often do you need to renew your systems?
- What are the risks of not upgrading?
- Is changing system always the best solution? Learning how to do more with your current systems too
IRFANA MALIK, Group Risk Officer, KLESCH GROUP
14.40
Networking & Pre-arranged meetings
15.10
Enterprise risk management and risk appetite: Olam’s way
Implementation story
In this case study the presenter will walk the audience through how in his company they developed and implemented a robust risk monitoring and reporting framework across several dozens of risk events, risk types, business units and geographies over the last 3 years
DEVEN CHITALIYA, Senior Vice President & Global Head, Credit, OLAM INTERNATIONAL
15.45
Secrets to a successful hedging strategy
from 15.30 – Managing physical risks along the supply chain
Aligning risk management strategy and hedge strategy with financial objectives
DAVID MODOL-FLIX, DIRECTOR, Commodity Risk Management Expert
MICKAEL SOUSSANT, Senior Market Risk Manager, ADM ISI
- Keeping track of your cargos : What are the solutions?
- How to increase transparency during the transportation and storage phases?
- The non-negligible impact of weather during these operations: What are the tools to forecast?
PETER HARVEY, Programme Director, LEADERSHIP FOR ENERGY AUTOMATED PROCESSING LEAP
ABHISHEK JAIN, CEO, ETGALI MUHAMMAD LAKDAWALA, Vertical Head for Soft Commodities, ITC LTD (FOOD DIVISIONS)
Networking Reception & Virtual Drinks
END OF DAY 1
Commodities People
Level 39
One Canada Square
Canary Wharf
London E14 5AB
+44 20 7111 1615
Commodities People
Level 39
One Canada Square
Canary Wharf
London E14 5AB
+44 20 7111 1615
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