The magazine is in fact being published late this month so that a report on the conference can be published, and I will try to be sure to post it here when available. But first, the format: each session had a topic and up to three panelists, with each session moderated by South Afrikaner Mike Finlay. Panelists ranged from authors to academics, an industrial psychologist, bankers, modelers and regulators, all focused in their work on the field of operational risk.
No session lasted more than 45 minutes, eliminating the pontification factor. Each panelist had roughly 5 minutes to speak, then the panel was quizzed by Finlay, before being turned over to the audience for additional questions.It worked amazingly well. Of course some sessions ran over, but that time was made up in other ways by resizing networking breaks. No one dozed off, and 1-2 slide power points were used only twice.
From left: Risk Business International CEO Mike Finlay, myself, and Howard Stein. |
I spoke in the last session of the conference, along with Howard Stein, who retired in 2004 as managing direction of operational risk for Citigroup's Global Corporate and Investment Bank, and who continues to work around the world on operational risk banking issues. Our topics were two: the "living will" specification for large banks in the
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