No more business as usual

Transcription

1 Institute of Risk Management No more business as usual Risk Leaders 2017: Behaviour, technology and political upheaval 23rd November 2017 London Inmarsat Conference Centre EC1Y 1AX #riskleaders

2 WHAT RISKS ARE YOU ABLE TO TAKE? 4C Strategies is one of the world s leading providers of risk and crisis management solutions for the public, private and military sectors. 2 4CSTRATEGIES.COM 4C Strategies have kindly sponsored Risk Leaders 2017

3 Welcome to Risk Leaders I am delighted to welcome you to this year s Risk Leaders Conference, IRM s annual event for connecting leading thinkers and practitioners in the world of risk management. This year we are particularly pleased to have international contributions from Professor Howard Kunreuther of the Wharton School, Pennsylvania and Professor Mervyn E King from South Africa. With their input, alongside the other speakers, panel members, workshop facilitators and exhibitors, today s event promises to be one of our most successful ever. In a world of increasing political and technological volatility, the need for organisations to manage their risks has never been greater. This year s conference will focus on this changing world, and how individuals and corporate bodies can prepare to meet the challenges that arise. We hope you find it engaging, challenging and inspiring, and we look forward to hearing what you thought over networking drinks at the end of the day. Welcome to Risk Leaders We would like to thank our sponsors: Ian Livsey Chief Executive 3

4 Risk Leaders 2017: Agenda 08:45-09:30: Networking, registration, tea and coffee 09:30-09:35: Welcome from Conference Chair Risk Leaders 2017: Agenda > > Sue Saville, TV News Reporter 09:35-09:55: IRM Risk Agenda Research Findings Over the past year the IRM has been conducting research around the world to identify the key issues that will set the risk management agenda over the coming decade. This session presents the results of that research. > > Clive Thompson, IRM Director, Project Manager, Willis Towers Watson 09:55-10:25: Keynote address: How to be a good corporate citizen in the changed world of the 21st century The King corporate governance codes in South Africa are widely regarded to be among the most advanced in the world, in the way that they address the wider responsibilities of companies to communities and to their shareholders. In a globalised and uncertain world, what can we learn from this approach? > > Prof. Mervyn E King, Chairman of the King Committee on Corporate Governance in South Africa & Chairman of the International Integrated Reporting Council (IIRC) 10:25-10:55: Keynote: A New Risk Framework for Government Early in 2017 the UK government introduced a new framework for risk management that is being rolled out across the UK civil service and associated bodies. The new, practical approach will be of interest to any organisation dealing with multiple stakeholders and limited resources. > > Ian Barlow, Senior Independent Director, Smith and Nephew PLC > > Trevor Llanwarne, former Government Actuary 10:55-11:15: Panel discussion: What does good risk governance look like in practice? 4 > > Prof. Mervyn E King, Chairman of the King Committee > > Ian Barlow, Senior Independent Director, Smith and Nephew PLC > > Caroline Wehrle, Global Risk and Compliance Director, Diageo

5 11:15-11:45: Networking, exhibition, tea and coffee 11:45-13:00: Beyond the Rules - Culture and Risk Management in Practice In this session we will hear from three very different organisations on why changing the culture was an essential component of their risk management strategy and what steps they are taking to change individual and group behaviour. Presentations will be followed by a Q&A session from the floor. > > Mike Gill, Former Deputy CEO Mid Staffordshire Hospital > > Sarah O Donovan, Chief Credit Risk Officer, Barclaycard UK > > Robert Smith, Director Business Compliance and Ethics, Serco 13:00-13:45: Networking lunch and exhibition 13:45-15:25: Seminar streams (45 mins each, running twice) Stream 1: Stream 2: Horizon Scanning Brexit exploring navigating the path the risks to business from small signals to planning and strategy big risks (Alexander G. Bell) (Isaac Newton) 15:25-15:45: Networking, exhibition, tea and coffee Stream 3: From compliance to capability risk management at all levels (Copernicus) 15:45-16:30: Keynote address: The Ostrich Paradox - Why We Underprepare for Disasters Our ability to foresee and protect against natural catastrophes has never been greater, yet we consistently fail to heed the warnings and protect ourselves and our communities, with devastating consequences. In this talk, delegates will hear about some of the psychological reasons for this, and how we might better develop systems to overcome our less helpful biases. Risk Leaders 2017: Agenda > > Prof. Howard Kunreuther, James G. Dinan Professor of Decision Sciences and Public Policy at the Wharton School of the University of Pennsylvania & co-director of the Wharton Risk Management and Decision Processes Center 16:30-16:40: Conference Chair s summary and closing remarks > > Sue Saville, TV News Reporter 16:45-17:45: Drinks reception 5

6 Speakers Speakers Ian Barlow, Keynote: Ian serves on the board of Smith & Nephew as Senior Independent Director, and of Foxtons, Urban & Civic and Brunner Investment Trust, chairing their Audit Committees. He was the Lead Non-Executive chairing the board at HMRC and led the task force of NED s across Whitehall creating a new risk framework and guidelines for Central Government. Prof. Mervyn E King, Keynote: Professor King led the committee that produced the King Report on Corporate Governance, widely regarded as one of the most advanced in the world, for the South African Institute of Directors. He is recognised internationally as an expert on corporate governance and sustainability and is a dedicated campaigner for justice and fairness. Prof. Howard Kunreuther, Keynote: Howard is Professor of Decision Sciences at the Wharton School of the University of Pennsylvania and codirector of the Wharton Risk Management and Decision Processes Center. His book, The Ostrich Paradox: Why We Underprepare for Disasters, addresses a key question of our time: Why are we so poor at dealing with disastrous risks? Trevor Llanwarne MIRM, Keynote: Trevor was Government Actuary working in the fields of pensions and insurance across the civil service, education, NHS, the armed forces, the police and the judiciary. He has been involved with risk management for over 30 years and has gained a wealth of experience during his time as a Partner at PwC for over 15 years. 6 Clive Thompson CFIRM, Speaker: Clive has been a member of the Institute since 1993, he founded the Innovation Special Interest Group and is currently a Board member of the IRM. He is currently a senior Project Director at Willis Towers Watson, a global insurance broker, and has over 30 years of experience in insurance and risk management.

7 Conference Chair and panellists Mike Gill, Panellist: Mike was appointed Finance Director/Deputy CEO at Mid Staffordshire Hospitals NHS Foundation Trust at the time of the Healthcare Commission investigation into the high mortality rate. He led the development of the risk and governance processes and has since worked with organisations to do the same. Sarah O Donovan, Panellist: Sarah is currently the Chief Credit Officer for Barclays UK Cards and has over 20 years expertise in risk management and optimisation through analytics. She has been responsible for managing Consumer and Wholesale Credit Risk across credit cards, personal loans and merchant acquiring for the UK and European geographies. Sue Saville, Conference Chair: Sue is a broadcast journalist, conference host and media advisory board chair. She was the Medical Correspondent at ITV News for 12 years, the Chief Correspondent for the breakfast programme GMTV and previously reported for the BBC. She currently chairs conferences and advisory boards for a range of organisations. Conference Chair and panellists Robert Smith, Panellist: Robert joined Serco in 1989 working in business development and operations. In 2001 he set up Serco s Corporate Assurance Group reported to the plc board and assured policies/management systems and the groups approach to risk management, ethics, HSE and internal audit. Roberts s current responsibilities cover ethics, ethical compliance and HSE. Caroline Wehrle CMIRM, Panellist: Caroline has spent 20 years working in risk management, internal control and compliance and ethics field. Specifically, in the engineering and consumer goods industries, based in the UK and in Asia. Caroline has been Diageo s global risk and compliance director since 2013 and is passionate about doing business the right way. 7

8 Seminar presenters Seminar stream 1: Horizon Scanning navigating the path from small signals to big risks (Room: Alexander G. Bell) Seminar presenters Seminar stream 2: Brexit exploring the risks to business planning and strategy (Room: Isaac Newton) Seminar stream 3: From compliance to capability risk management at all levels (Room: Copernicus) Mark Boult CFIRM, Director, DNV GL, Seminar stream 1: Mark Boult is a Fellow of the IRM and has been working in risk management for over 30 years in a range of industries including oil and gas, process, transport and healthcare. He has held positions in the US, Hong Kong, Australia, Norway and the UK and has presented at a range of conferences and seminars, including previous IRM events. Sue Falconer, Affiliate Member, Risk Policy Lead, BBC, Seminar stream 1: Sue has worked in external audit with Big 4 accounting firms in Birmingham, Montreal and Paris, and internal audit in the automotive industry. Her role in the BBC is to bring fresh external perspectives on risk management, contributing to the continual improvement of the BBC s approach to managing risk. 8 Johnathan Blanchard Smith, Fellow of SAMI Consulting, Chairman of the Natural Resources Forum, Seminar stream 2: Jonathan is a fellow of SAMI consulting, chairman of the Natural Resources Forum (NRF) and an adviser to a humanitarian charity. Jonathan has recently been co-speaker at a series of events on Brexit s implications in Europe, including at the Diplomatic Academy of Vienna and the Austrian Competition Authority.

9 Dr. Keith Smith CFIRM, Research and Development Manager, Lloyd s of London, Seminar stream 1: Keith joined Lloyd s just over a year ago as the Emerging Risks and Research Manager with a mandate to commission reports from leading experts on emerging risks. The role has expanded as the team now also has a role facilitating innovation in both the Lloyd s market and the Lloyd s corporation. Clive Thompson CFIRM, IRM Director, Project Manager, Willis Towers Watson, Seminar stream 1: Clive has been a member of the Institute since 1993, he founded the Innovation Special Interest Group and is currently a Board Member of the IRM. He is currently a senior Project Director at Willis Towers Watson, a global insurance broker, and has over 30 years of experience in insurance and risk management. Seminar presenters Mark Turner IRMCert, VP Risk Management, Airborne & Space Systems Division, Leonardo MW Limited, Seminar stream 1: Mark started his career as an engineer in the Royal Navy before moving into the aerospace industry in With a passion for technology and futurology, he joined the IRM Innovation SIG in 2010, becoming its Chairman in He has published several articles concerning technological trends and their risks. Ben White, Senior Consultant - Business Continuity, Risk and Crisis Management, 4C Strategies, Seminar stream 3: Ben White is a Senior Consultant and Heads the Enterprise Team at 4C Strategies, a leading international provider of risk and crisis management solutions. He has over 10 years experience in risk and resilience, delivering solutions across many different sectors including local government, military, finance, retail, and airlines and airports. 9

10 Better staff, better business Better staff, better business: IRM supporting Barclays Risk Passport The Institute of Risk Management (IRM) recently launched its new International Certificate in Financial Services Risk Management. Updated in response to international regulatory developments such as Basel III and Solvency II, this qualification is specifically tailored to banks, insurers and regulators, helping to develop a broader understanding of risk management. IRM supporting Barclays Risk Passport Barclays have an organisational commitment to ensuring that any of their staff who work in risk have the opportunity to progress through their in-house Risk Passport learning programme, which is accredited by IRM. Over 500 Barclays staff are also enrolled as members of the IRM, thereby benefitting from the expert content, global networking and learning opportunities that IRM membership offers. At the launch event for the new International Certificate in Financial Services Risk Management, Vicky Gray, Barclays Head of Learning and Leadership Talent, emphasised the value of having qualified staff, and confirmed that a significant number of staff would be progressing onto the Certificate in 2017/18. Simona Fionda, IRMCert Head of Risk FSCS Vicky Gray Head of Learning, Leadership and Talent Barclays Ian Livsey CEO IRM 10 To find out more, please visit our website:

11 The World in 2050 and beyond Unintended consequences of technology and threats to humanity IRM s 2017 Annual Lecture 7th December London Free event Don t miss out on this year s free Annual Lecture. Our Earth is 45 million centuries old. But this century is the first when one species (ours) can determine the biosphere s fate. What are unintended consequences of powerful technologies? Not only nuclear, but biotech, advanced AI, geoengineering and so forth. These are advancing fast, and bring with them great hopes and great fears. They will present new threats, more diverse and more intractable than nuclear weapons. Martin Rees, Astronomer Royal Our guest speaker is Lord Martin Rees, a senior figure in UK science, whose research has covered black hole formation, extragalactic radio sources and the evolution of the Universe. To book, please visit our website:

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