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Johannesburg, South Africa

Integrating ESG Into a Bank’s Risk Management Framework

Overview

For banks, sustainability is no longer just about being ethical. It has rapidly become a financial issue through the generation of a new type of risk. ESG (environmental, social, and governance) risk refers to any potential negative financial impact on an institution stemming from the current or prospective impacts of ESG factors on its counterparties or invested assets. This new emerging risk type — combined with increasing pressure from both shareholders and regulatory bodies to integrate ESG factors — underscores the need for banks to act now.

As we explore ESG risk drivers and sustainability in the banking sector, we’ll discuss the four key areas banks should focus on to incorporate ESG factors into their risk management structures:

•Governance

•Risk identification, inventory, and integration

•Risk assessment, management processes, and tools

•Reporting and disclosures

Addressing ESG in these four areas enables a holistic approach to the successful incorporation of ESG risks into a bank’s structures, frameworks, and processes. Join us to learn some of the main concepts and methodologies featuring examples that focus on the integration of ESG factors in credit risk management.

Agenda

5:00 - 5:05 pm SAST: Welcome and introduction 

5:05 - 5:45 pm SAST: Presentation 

5:45 – 6:00 pm SAST: Audience Q&A

Attendees qualify for 1 GARP CPD credit.

Chapter Speakers

Ulrich De Prins

Partner at KPMG SA

Ulrich De Prins is a Partner at KPMG SA, where he heads the Financial Risk Management business unit. He is responsible for both the advisory work and specialist audit support in his department, covering services in the fields of Credit Risk and Capital Management, Market Risk, Insurance Risk and Actuarial Services, and Treasury and Regulatory Risk. 

Prior to joining KPMG SA, Ulrich worked as a financial risk modeller for KPMG Italy from 2006 to 2019, specializing in credit risk and financial instrument modelling. Among other projects he oversaw the development and implementation of the IFRS 9 ECL methodologies at one of Italy’s biggest banks and was responsible for the asset side modelling and economic scenario generator development during several stochastic ALM implementations at life insurers. He also managed the validation and error management process of all the derivatives pricing models at a top-tier European bank in its credit counterparty risk model. 

Ulrich started his career as a fixed income fund manager at a major Belgian bank before moving to KPMG Brussels, where he worked for five years. He is an active member of the international working group that developed KPMG’s “ESG Risk Framework for Banks,” and holds an MSc in Economics from KU Leuven, Belgium and an MSc in Finance from the University of London.

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Details

When

June 15, 2022 5:00 PM - 6:00 PM
Online Meeting
REGISTER NOW

Chapter Directors

Martin Van der Walt
Group Treasurer Old Mutual South Africa

Committee Members

Malefane Molibeli

Independent Consultant IT Audit and Risk

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