Risk Perspective: Climate Risk Management in Financial Institutions


Climate risk management is gaining heightened interest from regulators and businesses around the world. Experts agree that climate risk, notably physical and transition risks, can adversely impact how firms operate. This in turn creates risks for financial institutions.

The goal of this presentation is to provide insights on the current landscape of climate risk management including:

  • What is climate risk?
  • Physical and transition risks
  • Increasing regulatory and industry interest in climate risk management
  • Climate risk management risk governance framework and practice
  • Insights from the global banking industry
  • Challenges faced by financial institutions


6:00-6:05: Welcome and Tech Tips

6:05-6:10: Welcome GARP Indonesia Chapter and Speaker Introduction

6:10-6:45: Main Presentation

6:45-6:55: Q&A

6:55-7:00: Concluding Remarks 

Attendees qualify for 1 GARP CPD credit.

Chapter Speakers

Teuku Arckyansyah Meraxa

irector of Enterprise Risk Management (ERM) & Strategic Initiatives, American Express (AXP), New York

Teuku Arckyansyah Meraxa (Arcky) is Director of Enterprise Risk Management (ERM) & Strategic Initiatives at American Express (AXP), New York. He is responsible for AXP's ERM activities, as well as leading strategic initiatives pertaining to risks which include M&A risk reviews, ESG, and climate risk. Previously, Arcky had also worked as Director of Model Risk Governance which oversees AXP's quantitative model and artificial intelligence risk management. Prior to joining AXP, Arcky was a lecturer for the State University of New York (SUNY) - University at Buffalo (UB), teaching international trade and business courses for its New York and Singapore campuses. Arcky holds a PhD in Economic Geography and BA/MS in Financial Economics from SUNY - UB. He is also a Financial Risk Management (FRM) certificate holder from GARP.

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September 22, 2022 6:00 PM - 7:00 PM
Online Meeting

Chapter Directors

Melisa Hendrawati
Chief Financial Officer OY! Indonesia
Indra Tjahaja
Head of Risk Analyst and Modeling in Commonwealth Bank Indonesia

Committee Members

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