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Climate Risk Management–Joint IFoA/PRMIA (The Professional Risk Managers’ International Association)

Monday 7 October 2019 17:30 - 19:30

This will be a panel discussion involving speakers from the IFoA, Task Force on Climate-related Financial Disclosures and PRMIA comparing the practical approaches taken by banks, insurers and firms as they try to manage these risks.

Why attend  

Will actuaries and risk managers help save the world? 

External developments have evolved, including:-

  • The latest climate science
  • Industry positions
  • Government policy regulation – Green Finance Strategy
  • More frequent and disruptive protests
  • PRA / FCA Joint Climate Financial Risk Forum, and
  • Public expectations

Which means now is the right time to engage on this topic.

Who should attend

Actuaries and those who work in the risk management space across financial services to share experiences from a wider risk community and to understand how different sectors are responding and addressing climate risks and the key challenges.

Chair:

Louise Pryor, Member of the IFoA Council and former Chair of the profession’s Resource and Environment Board

PRMIA panellists: 

Bob Burh, Green Planet Consulting 

Bob is an Honorary Research Fellow at the Center for Climate Finance and Investment at Imperial College Business School. A former Managing Director at Citigroup, he is currently involved with several NGOs in a variety of climate-related activities, with climate change and natural capital risks as a core focus. His current projects include research into Green Funding issues, including Green Bonds, and an assessment of the potential utility and impact of “Green” and “Brown” taxonomies.

Dr. Charles Donovan, Imperial University 

Dr. Charles Donovan is Corporate Fellow at the Grantham Institute Climate Change and Environment, Principal Teaching Fellow and Director of the Centre for Climate Finance and Investment at Imperial College London Business School. Editor and co-author of Renewable Energy Finance: Powering the Future, he has advised on alternative energy policy for both private sector and US government.

Nasreen Kasanelly, CRO UBS Asset Management and EMEA CRO UBS

Nasreen Kasenally is a Group Managing Director and the Chief Risk Officer of UBS Asset Management (AM) and Chief Risk Officer of UBS Group EMEA region.  She is responsible for Investment, Market, Liquidity and Counterparty risks across Active/Passive Funds, Multi-Asset, Hedge Funds, Real Estate, Private Equity and Infrastructure Fund businesses.  Nasreen is also the Chairman of the International Expert Advisory Committee (IEAC) of the Insurance Asset Management Association of China and is a Board Member of UBS Asset Management AG.

She is a senior risk professional with over 20 years of experience on both the Investment Bank side (sell side) and Asset management (buy side) and worked in New York and London.  In 2015, she was the UBS Group Head of Market Risk covering all asset classes (Equities, Credit, FX and Rates) and for the non-core portfolio.  She has also previously worked in Wealth Management Americas in the U.S. in 2003 as senior Market Risk Officer covering municipal trading and taxable fixed Income. 

IFoA speakers:

Jon Williams, PwC - member of the Taskforce on Climate-Related Financial Disclosures

Jon co-leads the corporate team within PwC’s Sustainability & Climate Change practice, offering market-leading strategy and implementation, risk management and reporting solutions to companies. He has a particular focus on environmental, social and governance (ESG) issues, particularly relating to climate change, including climate finance and carbon markets.

Prior to joining PwC, Jon worked for HSBC for 21 years, where he developed and implemented HSBC’s sustainability risk strategy and their sustainable business strategy, with a focus on lending and investments related to climate change, forestry and microfinance.

Jon is a member of the Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD) and the City of London Green Finance Initiative Steering Committee.

Matt Saker, Aviva

Matt held the role of Group Chief Actuary for Aviva since 2012.  As well as his traditional actuarial responsibilities in the areas of reserving and capital, Matt’s team are also heavily involved in Aviva’s Environmental, Social & Governance (ESG) initiatives, particularly relating to its Task Force on Climate-related Financial Disclosures (TCFD) and the modelling of how climate change could impact Aviva’s balance sheet and business model.  Matt is also a member of the Council of the Institute & Faculty of Actuaries.

Event organiser

Contact Events Team for more information.

eventmanagement@actuaries.org.uk

0207 632 1498

17:00-17:30 Registration 
17:30-19:00

The programme will take place.

19:00-19:30 Drinks and Networking
19:30 Event Close

 

Location

Address

Staple Inn, 4 High Holborn, Holborn, London WC1V 6DR, UK

Nearest Public Transport

Chancery Lane Tube