Webinar - Panel discussion: How banks are responding to the Covid-19 pandemic

IFoA President-elect Louise Pryor will chair a panel of members from different sectors of the banking industry and from different countries to get their perspectives on how banks are managing their risks while supporting their customers in this period of great uncertainty, and where actuarial skills and experience can be of value

About the panel

Dr Iain Allan studied Pure Maths at Edinburgh University and qualified as an actuary in 1975. In the early part of his career, Iain worked in fund management, stockbroking and investment banking. During this period, Iain spent two years in Tokyo, obtaining a securities branch licence for UBS. Between 1994 and 2008, Iain was Group Director, Strategy at RBS. In this role, he was involved in all aspects of the Group’s activities. He made particular contributions to RBS’s establishment of a supermarket banking joint venture with Tesco, its acquisition of the larger bank NatWest and its establishment of a strategic partnership with Bank of China.

Over the last ten years, Iain has worked as an independent consultant. He has helped smaller banks with regulatory submissions, including applications for banking licences, and with responses to regulatory consultations on a broad range of banking topics. Iain has been an Honorary Visiting Professor in the Faculty of Actuarial Science and Insurance at Cass Business School, London since 1991. At Cass Business School, his principal interests are banking risk management and ethics in banking.

Antonie Jagga is the Risk Consulting leader for PwC Singapore. He is a Fellow of the Faculty of Actuaries (FFA, UK) and the Actuarial Society of South Africa (FASSA, RSA), and he has significant experience in banking, insurance, financial risk analytics, and credit risk. Antonie has led projects across a wide range of financial services companies in Asia, South Africa, and the UK.

Recent engagements include a number of regional projects covering Expected Credit Loss modelling (IFRS 9), Basel Capital Model build and validation, and US CCAR model validation.

Aonghas McIntosh Aonghas (pronounced “noo-is”) is a Customer Journey Manager at NatWest, responsible for journeys affecting nearly 1.2 million mortgage customers. His team’s vision is to create helpful and hassle-free journeys for their customers and colleagues with a relentless focus on delivering value. Aonghas has worked in a wide range of areas including pricing and profitability of retail products across banking, pensions and other investment products, market analysis and risk policy development. He’s also worked on capital and risk management, but his real passion is making a difference to customers which has taken him to his current role.

His portfolio of work includes a multi-million pound platform transformation, multiple regulatory developments and improving operational efficiency across his journeys. Aonghas is a Fellow of the Institute and Faculty of Actuaries.

Shashikala Ramachandra has nearly 4 decades of experience in Banking, specifically operation, administration, large credit sanctions, credit review and monitoring,(~10 years)Credit Risk Rating, enterprise-wide integrated Risk Management system implementation, model development, data management, IFRS implementation, ALM, Operational Risk, ICAAP.

Shashikala currently holds a Board level position, Handling Advisory services on Risk Management.