1 st Bank s Risk Management

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1 الشريك اإلستراتيجي Under the patronage Of His Excellency the Governor of the Central Bank of Jordan 1 st Bank s Risk Management Conference 2013 June Amman - Jordan sponsored by

2 Albatross Consulting 1st Bank s Risk Management Conference 2013 Welcome On June 12-13/2013, Albatross Consulting with it s strategic partner the Association of Banks in Jordan will be holding the Bank s Risk Management Conference "at Sheraton Hotel - Amman - Jordan, from 9:00 AM till 5:00 PM. The Conference will be held under the patronage of His Excellency the Governor of Central Bank of Jordan, the aim of the conference is to highlight the risks faced by banks and the right methods of processing them according to the international best practices. The Conference will include discussions of a number of working papers submitted by local and foreigner experts in this field. Moreover, there will be speakers representing international specialized institutions. Our vision is to hold such Conference annually at several countries. We look forward for your participation at Conference 2013 Best Regards Samar Samara Executive Director Albatross Consulting Amman-Jordan The best way to predict the future is to invent it Alan Kay

3 First Day Wednesday 12 June :15-13:30 Session 2 9:00-9:30 Registration 9:30-10:00 Opening remarks and introduction to the conference 10:00-10:45 Welcoming session: Panel discussion: Risk Management challenges in Jordan & Region "Assessing for Economic Impact in Lending Decisions": This session will describe how macro-economic conditions can be explored and their effects estimated in Credit Scoring and Probability of Default Models. With this advanced capability banks can exploit competitive advantage in lending and credit strategies and use as part of their Basel Advanced IRB Approach and Stress Testing. CBJ, what the Stress Testing has reviled (shaping the ICAAP Risk calculation vs. Risk culture) capital management and how banks must strength resilience 10:45-12:00 Session 1 Discussion Risk governance and decision making. Aligning risk with strategy through volatile times, (effective banking governance for empowering risk officers to add healthy balance vis-à-vis the bank business units. Risk organization in the new risk paradigm 13:30-14:30 Lunch 14:30-17:00 Session 3 The increasing role of the CROs? The New Role of Risk managers in Decision Making. Discussion 12:00-12:15 Coffee Break Basel III: Expected Impact on Banks (impact on business models and implementations roadmaps) Liquidity Risk: New regulations, New challenges. Internal rating systems, credit valuation modules, Risk requirement or regulatory requirement!. Assessing for Economic Impact in Lending Decisions. Discussion

4 Second Day Thursday 13 June :15-13:30 Session 2 9:00-9:15 Welcome Coffee Break New Compliance Risk: The Burden of Imported Compliance Requirements (FATCA,BA) 9:15-10:00 Panel discussion: Risk management in Islamic banking!! New perspective on Sovereign and Country Risk, whets next in Europe? Navigating turbulence in the global economy, macroeconomic risks in the post crisis environment, lessons learned from the crisis Discussion 13:30-14:30 Lunch 10:00-12:00 Session 1 14:30-16:00 Session 3 Regulatory changes facing the financial industry: ICAAP, SREP, Stress Testing: what they have revealed to the policy makers? (shaping the ICAAP Risk calculation vs. Risk culture) capital management and how banks must strength resilience Is Market Risk properly managed? (in this highly volatile markets, are banks managing their Market Risk?) Rising non performing loans, are they threatening financial stability? Corporate Governance: How to cope up with the latest developments in the international banking control standards that aim to enhance the corporate governance in banks. Time to rethink : IT security and BCM Discussion Discussion 16:00 Closing Ceremony 12:00-12:15 Coffee Break

Speakers Mr. David Molyneaux / FICO / Europe Middle East and Africa"EMEA" David is a Principal Consultant at FICO.

Prior to joining Fair Isaac David was Head of Basel Development, Retail Credit for the Royal Bank Scotland Group in London.

Before then he worked within industry covering the insurance, transportation, banking and manufacturing industries in the risk, audit and finance functions.

5 Speakers Mr. David Molyneaux / FICO / Europe Middle East and Africa"EMEA" David is a Principal Consultant at FICO. His responsibilities include developing Retail Credit Basel II/III solutions for clients. Prior to joining Fair Isaac David was Head of Basel Development, Retail Credit for the Royal Bank Scotland Group in London. Prior to joining RBS David was a Senior Manager at Deloitte based in London advising clients on risk management and control systems across many countries, both in banking and other sectors. Before then he worked within industry covering the insurance, transportation, banking and manufacturing industries in the risk, audit and finance functions. David is a CIMA member (Chartered Institute of Management Accountants), and a graduate in Economic and Economic History, University Cardiff, Wales. Mr. Klaus Kristensen Regional Sales Manager, Risk & Performance Capital Markets, MENA/SunGard Mr.Kristensen is a seasoned professional with over 15 years of experience; Sales management, Direct Sales, Sales Support, Professional Services & Project Management. Consumer & corporate banking, financial services manager predictive analytics, credit policy, risk management, performance management & financial crimes. He was Regional Head of Risk Practice, Middle East, Africa, Turkey, South East Asia & Pakistan at SAS Institute. Also he was Basel II Leader,Risk Management Leadership Program / Basel II Project Lead at GE Money Bank, AB, Copenhagen, Denmark. Dr. Adel Al-Sharkas / Deputy Governor / Central Bank of Jordan His Excellency Dr. Adel Al-Sharkas / Deputy Governor of the Central Bank of Jordan, he received his PhD in financial economics from the University of New Orleans in the USA. In the same year, he was appointed as assistant professor of financial economics at Alfred University in New York. In 2006, he was promoted to associate professor of financial economics at Alfred University He made extensive contributions within the CBJ's mandate as an advisor to the Government on economic policy making. He has also represented the CBJ in a number of national and international events. Dr. Al-Sharkas currently serves as the chairman of the board of directors for the Jordan Mortgage Refinance Corporation, and is a board member of the Insurance Commission and the Deposit Insurance Corporation, as well as a member of the National Agenda Committee. At the CBJ, Dr. Al-Sharkas is chairman of the Credit Facilities Committee, vice chairman of the Investment Committee and the Human Resources Committee, and a member of the IT Steering Committee. Dr. Al-Sharkas has published extensively in several well-known academic journals. The Future Belongs to Those Who Prepare For it Today Malcom X

banking and economics. He was a member of the National Dialogue Committee 2011.

He was delegated to work as an Economic Expert at Qatar s Central Bank during the period (June 2001- April 2004). Dr.

Crises and GATS agreements. Mr. Mohammad Amaireh / Executive Manager Financial Stability Department Central Bank of Jordan.

6 Speakers Dr.Adli Kandah,Director General, Association of Banks in Jordan Dr Adli Kandah is the Director General of the Association of Banks in Jordan (ABJ) since July 2006, with over 25 years of experience in banking and economics. He was a member of the National Dialogue Committee 2011.He was the Economic Advisor for the Minister of Labor during the period , He started his career in the Research Department at the Central Bank of Jordan in June He was delegated to work as an Economic Expert at Qatar s Central Bank during the period (June April 2004). Dr. Kandah has more than 60 published studies in different areas in economics, trade, finance and banking, also published several books on: Jordan's Economic Policies, privatization, Banks, Financial Crises and GATS agreements. Mr. Mohammad Amaireh / Executive Manager Financial Stability Department Central Bank of Jordan. Assistant Executive Manager and Basel 2 and Basel 3 project manager / Banks Supervision Department - Central Bank of Jordan. Head of the early warning system committee. Setting up Central Bank of Jordan dashboard based on highly monitored metrics/indicators of locally operating banks. Basel II project manager. Basel III project manager. Responsible for conducting stress-testing analysis. A representative of the Central Bank in the financial soundness indicators program held by the International Monetary Fund, which aims at training the member countries to calculate the most important financial indicators needed to assess the financial sector in Jordan. Dr. Adnan Shaher Al Araj General Manager BLOM-Bank Jordan Ph.D in Finance, ACPA, Arab Certified Public Accountant (ASCA), INSEAD Business School, Paris. Deputy Chairman of Trustees Board of Middle East University for Graduate Studies Member of Deanship of Science Faculty in Jordan University Member of Deanship of Postgraduate Studies & Scientific Research in Al-Ahliyya Amman University since Supervisor on Ph.D Dissertations in banking department in Arab Academy for Banking and Finance Sciences. Lecturer and instructor these institutions: Meddle East University, Arab Academy for Banking and Finance Sciences, Oman International Bank, Oman Institute of Banking, International Finance Corporation (IFC)-World Bank, Al Rajhi Banking Corporation Arab Bank, Industrial Development Bank (IDB), Housing Bank The Future Belongs to Those Who Prepare For it Today Malcom X

$Nader Qahoush,CISA,CISM,CGEIT,CRISC Head of Division Information and Related Technology Supervision \ Banking Supervision Department, at the Central Bank of Jordan (CBJ), appointed in the CBJ in 1995$ Information Systems Audit and Control Association (ISACA - USA) member since 2003 Consultant of the CBJ in the field of information security governance, e-government, Risk Management and Business

Information Systems Audit and Control Association (ISACA - USA) member since 2003 Consultant of the CBJ in the field of information security governance, e-government, Risk Management and Business

Instructor, international conference speaker and free lance consultant in the fields of: Certified Information Systems Auditor (CISA), operational risk management, IT Risk Management, e- Banking,

7 Speakers Mrs. Dema Aqel Deputy General Manager / Aletihad Bank - Jordan Mr. Nader Qahoush,CISA,CISM,CGEIT,CRISC Head of Division Information and Related Technology Supervision \ Banking Supervision Department, at the Central Bank of Jordan (CBJ), appointed in the CBJ in 1995 Information Systems Audit and Control Association (ISACA - USA) member since 2003 Consultant of the CBJ in the field of information security governance, e-government, Risk Management and Business Continuity Management. Instructor, international conference speaker and free lance consultant in the fields of: Certified Information Systems Auditor (CISA), operational risk management, IT Risk Management, e- Banking, Auditing, Information Security and I.T. Governance, since 2005 in Jordan, United Kingdom, UAE, Kuwait, Syria, Libya and Sudan, he has more than (2000) training hours presented. Mr. Mohamed J. "Azem Hamad Risk Management Department Manager / Jordan Kuwait Bank Mr. Azem hold Master degree in Accounting and Finance, he has more than nineteen years of banking experience in many fields: the Risk management, Financial control and analysis, Audit and Basel compliance audit, operations, credit, Total Quality Management and Strategic Planning. Now he is the executive manager of Risk Management Department at Jordan Kuwait Bank, Credit(credit analysis,credit administration and control), Market, Operational Risks, IT security and Business Continuity Management, Complying with Basel requirements are under his responsibility. He was a member in the working groups that chosen by CBJ in order to implement Basel II on the level of Banking sector in Jordan and many other committees formed in the banking sector Contributed in many conferences and specialized training courses over the Middle East, writing many articles specialized in Basel and risk management. The Future Belongs to Those Who Prepare For it Today Malcom X

Officer / Central Bank of Libya (Gumhouria Bank) Head of Group Credit Risk / Arab Bank Mr.

Eyad has 19 years of experience in the investment and finance field. He is responsible for the Group s investments in the MENA region, which fall under direct investments, private equity and PIPEs.

8 Speakers Mr. Ahmad Abdulla General Manager - Chief Risk Officer / Bank Nizwa / Muscat, Oman Deputy CEO / Chief Risk Officer / Chief Credit Officer / Jordan Dubai Islamic Bank / Chief Risk Officer / Chief Credit Officer / Central Bank of Libya (Gumhouria Bank) Head of Group Credit Risk / Arab Bank Mr. Eyad Mashal, CFA Is the Managing Director and Head of MENA Investments at Rashed Al-Rashed Group; one of the large conglomerates in KSA. Eyad has 19 years of experience in the investment and finance field. He is responsible for the Group s investments in the MENA region, which fall under direct investments, private equity and PIPEs. Previously, he was an Executive Director with the Client Advisory Group at Bank Julius Baer based in Dubai where he launched and managed the Onyx MENA Fund one of the first and largest dedicated multi-strategy MENA hedge funds. Prior to that Eyad was the head of Asset Management of Atlas Investment Group, the largest asset management group in Jordan and the investment banking arm of the Arab Bank. Throughout his career, Eyad structured, launched and managed several investment funds including a long only, a hedge fund, a private equity fund and a direct real estate investing primarily in the MENA region. He also executed and exited successfully a number of private equity transactions. He is a Chartered Financial Analyst (CFA) and a member of the CFA institute. Eyad received his MBA and B.Sc. with honors in Accounting and Business Administration from the University of Jordan. Mr. Hani Jawabreh, CFA, FRM, PRM, CAIA, MBA National Leasing & Financing Co. (Al-Zumorrodah Group) Kuwait Chief Executive Officer 3/11 Present The Housing Bank for Trade and Finance Int'l Investment Manager Arab Bank plc - Market Risk Manager, Amman, Jordan The Future Belongs to Those Who Prepare For it Today Malcom X

About the Organizer and Sponsors Albatross establishment was associated in 2008 for providing services in the fields of training and consultations at a very high level of quality, and distinguished

9 About the Organizer and Sponsors Albatross establishment was associated in 2008 for providing services in the fields of training and consultations at a very high level of quality, and distinguished method based on the best possible professional standards that depend on the best international practices. Because we in Albatross, believe that integration coherence and consistency among the accumulative and scientific methodological experiences in work from the fundamental requirement for providing a remarkable services, our work team of administrators, consultants and trainers to reflect the philosophy of the establishment in achieving its vision. FICO (NYSE:FICO), formerly known as Fair Isaac, delivers superior predictive analytics solutions that drive smarter decisions. The company s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO s innovative solutions include the industry-leading solutions for measuring credit risk, managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. For additional information: Founded by Daniel Dib, in Dubai in 2000, after several years at MasterCard International in the capacity of Director, Member Relations, Middle East & North Africa Region to answer the growing need of the banks and financial institutions in the region. Its mission is to help its clients differentiate their retail products and services while improving their risk management and profitability. To date, Cadmus has over 49 clients in the Financial services and Telecom sectors. Cadmus International, covers the Middle-East region with four areas of expertise through partnering with world leaders in their respective fields: Credit Risk Management: Fair Isaac - FICO Enhanced Payments & Loyalty: Welcome Real-Time Enhancements to Bank Retail Products: Alico Strategic Marketing Consulting to the Retail Arm of Banks. Cadmus International provides leading edge consulting services in cards marketing. For additional information: daniel@cadmusinternational.com SunGard is one of the world s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of over $4 billion, SunGard is the largest privately held software and services company and was ranked 480 on the Fortune 500 in Jordan Kuwait Bank established in 1976, Today, the Bank is considered one of the few successful Jordanian enterprises established with Inter-Arab interests. After 37 years of banking activities, steady expansion efforts and modernization plans, the Bank has become a well established, highly prestigious and deeply rooted banking institution, boosting a network of more than 50 branches strategically located throughout Jordan and two branches in Palestine and a branch in Cyprus enabling the Bank s clients to carry out all their financial transactions inside and outside of Jordan swiftly, efficiently and with the highest levels of quality. The Bank s paid-up capital was gradually increased from JD 5 million at establishment to JD 8.5 million in 1991, to JD 10 million by end of 1994 and to JD 20 million in Then in 2001, the paid-up capital was increased to JD 25 million and then to JD million in In 2005, the capital was increased to JD 40 million and then to JD 75 million in 2006 and finally to JD 100 Million in Albatross Consulting & Training Your Way Towards The Lead

Who Should Attend 1. Central Bank's Supervision Department. Sheraton Hotel Amman Jordan Venue 2. Risk Management Department in Banks. 3. Compliance Departments in Banks. 4.

10 Who Should Attend 1. Central Bank's Supervision Department. Sheraton Hotel Amman Jordan Venue 2. Risk Management Department in Banks. 3. Compliance Departments in Banks. 4. Financial Departments in Banks. 5. Audit Departments in banks. 6. Departments of Basel Implementation. 7.Credit Department in Banks Date The Conference will be held on June 2013 Time 9:00 am till 5:00 pm, including two coffee breaks and lunch. Registration Please complete and return Registration form to: Albatross Consulting Phone: Fax: info@albatrossjo.com P.O Box: Amman - Jordan last date of registration : 3 June 2013

STRENGTHENING CAPITAL MARKET REGULATION AND SUPERVISION IN THE MENA REGION

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