AGENDA - DAY ONE

DAY TWO

08:30	Registration & coffee
09:30	Welcome from Commodities People
09:35	Welcome from the chairperson
09:40	Keynote addresses 2020 – A pivotal year for commodities and risk management
	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
10:15	Editorial – What if water was the new commodity?
	Federica Strumia-Michelini, Head of Risk and Control, Neste
10:45	Morning Break
11:15	Presentation The macroeconomic context for commodity trading- Understanding the bigger picture to better manage risks
	General economic recession: 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
11:45	Panel discussion What it means to be a risk professional in such a transitional period
	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 thedigital 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)
12:30	Lunch break
	Trade lifecycle risks	Operational and emerging risks
13:45	Welcome from the chairperson	Welcome from the chairperson
13:50	Presentation Changing tariffs: How to best manage the operational, financial and contractual impact	Presentation Climate risk – Is it a new financial risk?
	Tariff changes have been the instrument of the deglobalisation for some time now. How can your business adapt to this consistent inconsistence? A few tips here on how to best manage this geopolitical risk, on the verge of becoming a ‘normal’ market 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
14:20	Presentation Moving from the classic models to VaR 2.0	[ 14.25] Presentation 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?	With the development of digital solutions, there must be an improvement in data security tools. What are the risks in that area? What are the available solutions? How to recover from a breach (financially and reputationally)? All three questions will be looked at in this session
14:50	Afternoon break Pre-arranged meetings
15:45	Presentation Making stress testing a crucial part of your risk management routine	Presentation Technology obsolescence risk: Why that should be on your watch 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	How often do you need to renew your systems? Technology is changing fast, how do you adapt? 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
16:10	Case study Enterprise risk management and risk appetite	[16.20] Case study 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
16:40	Panel discussion Spotlight on hedging best practices	[16.35] Panel discussion Managing physical risks along the supply chain
	Aligning risk management strategy and hedge strategy with financialobjectives David Modol-Flix, Director, Commodity Risk Management Expert Mickael Soussant, Senior Market Risk Manager, ADM ISI	Keeping track of your cargos Weather: What are the tools to forecast?
17:25	Closing comments from the chairperson	Closing comments from the chairperson
17:30	Networking reception & Canapés

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