Evolving Role of Credit/Counterparty Risk in EMEA Markets
This Bloomberg-sponsored event, hosted by PRMIA London's focus is on the EMEA markets and will bring sharper focus to these issues. Industry and thought leaders from banking, finance, and regulatory domains will explore insights and perspectives, including strategic and practical solutions to these complex credit risk challenges. Participants will include Chief Risk Officers, Directors of Credit Risk, Directors of Counterparty Management, Loan and Collateral Officers, Academics, and other leaders from the Banks, Asset Management Companies, Non- Banking Finance Companies, Insurance Companies and Regulatory Organizations.
Explore the impact of COVID-19 and gain critical insights to a way forward in the EMEA markets. Globally, the COVID-19 pandemic, has changed both our individual behaviors and economies. Business leaders and risk managers face a growing list of new risks, challenges, and opportunities involving credit and counterparty risks. In order to not only survive but succeed in this ever evolving landscape, there is an urgent need to identify, assess, manage and control these credit risks.
Speakers
David Croen, Head of Credit Risk Products, Bloomberg, L.P.
David Croen is head of credit risk products for Bloomberg, L.P., working on the firm’s enterprise risk services business. Prior to joining Bloomberg, David led risk management and valuation for global banks and asset managers, with specialization in credit and securitization. He contributed to the President’s Working Group on Financial Markets Best Practices for Risk Management (2008), and has advised U.S. regulators and accounting firms on complex structured finance transactions. David earned a B.A. in Applied Mathematics and an MBA in Finance, both from the University of Rochester.
Damien Lamoril, Managing Director, Global Head of Credit Risks Corporate & Investment Banking, Société Générale
Damien Lamoril is Global Head of Credit Risks for Corporate & Investment Banking at Société Générale since 2016. The Credit Risks department is in charge to approve and monitor all credit transactions originated by the SG CIB’s teams, including structured loans, hedging and clearing businesses. Prior to joining the Credit Division Damien headed the European Loan Syndicate group for about 7 years. Managing syndication teams in Paris, London and Madrid, he was responsible for loan structuring, underwriting and distribution, including loan trading.
Damien joined SG CIB in Paris in 1996 as a Director in the Structured Finance Group where he was responsible for originating and executing syndicated financings. In 2004, he moved into Loan Syndications, initially as deputy Head of EMEA Syndicate. He has been a Board Director at the Loan Market Association (London) between 2008 and 2015.
Kevin O'Rourke, Managing Director and Chief Risk Officer (EMEA), Mizuho Bank
Kevin O'Rourke is Managing Director & Chief Risk Officer (EMEA) for Mizuho Bank, Ltd where he holds the SMF 4 - Chief Risk Officer Function under the PRA and FCA Senior Manager's Regime.
He is also the Deputy CRO, EMEA for the cross entity that is Mizuho Bank Ltd and Mizuho International plc which is the London based securities and investment banking arm of the Mizuho Financial Group and is a wholly owned subsidiary of Mizuho Securities Co., Ltd (MHSC)
Kevin is a Supervisory Board member of Mizuho Bank Europe, which is a subsidiary based in Amsterdam with Branch offices in Madrid, Brussels and Vienna, where he is also Chair of the Supervisory Board Risk Committee. To fulfil this role Kevin has been approved by the Dutch National Bank (DNB).
Kevin is currently based in London and his responsibilities cover all aspects of risk oversight including strategic, market, liquidity, credit, conduct, cyber, sustainability and operational risk. Whilst focusing on the EMEA region, Kevin has a truly Global view on risk management and risk regulation given Mizuho's GSIFI status.
Kevin has worked in the industry for over 30 years and has gained experience through a variety of roles however his primary focus and discipline for the past 25 years has been in the area of Risk Management and Oversight. He is a member of PRMIA's London Advisory Committee and Global Membership Committee. Kevin also sits on the Advisory Committee for the European Risk Management Council (ERMC), a think tank of risk executives from leading financial institutions and global corporations operating in Europe.
Sunil Raja, Managing Director, Head of Financial Institutions Credit Risk, Lloyds Banking Group
Sunil Raja is an experienced Global Head with a demonstrated history of working in the financial services industry. Skilled in Counterparty Risk management of Corporate and Financial Institutions across both Emerging and Developed Markets. Experience in Market and Operational Risk. Exposure to Risk Committees at GEC and Board level. Track record in managing large teams and building a successful performance based culture. Academic and professional qualifications in Economics (MSc) and Corporate Treasury (AMCT ).
Moderator:
Sergio Vega Vergara, EMEA Head of Sell-side Risk Solutions Sales, Bloomberg, L.P.
Sergio is Head of Enterprise Sell-side Risk Solutions in EMEA: He is in charge of Europe, Middle East and Africa sales for Bloomberg Risk and Derivatives solutions, which includes comprehensive workflows around Firmwide Market Risk, Counterparty Credit Risk, Front Office Risk Management, Collateral Management, Credit Risk, Hedge Accounting and Derivatives Valuations. .