When: April 27, 2021 г., 3.00 pm
Duration: 1,5 hour
Where: online, MS Teams + GSOM SPbU, city campus, Volkhovsky per., 3, room 309
Recommended for: MCF students and academic staff
Working language: English
Participation: registration required
On April 27, the GSOM SPbU gest lecture "Risk Management in Banks" will take place.
Speaker — David Brawn, member of Supervisory Boards and Risk Committees of Alfa Bank Ukraine and Alfa Bank Kazakhstan. Member of the Investment and Risk Committee of LetterOne Treasury Services SA, advisor to the Risk Committee of Alfa Bank Russia.
He will tell about:
· What is risk and why bother managing it?
· Why are Banks different?
· The history of Bank Risk Management
· Bank Risk Management today and how we got here
· Future directions – Models and data
Although, by education, an engineer, David now has 35 years of experience in the banking industry in Europe, North America and, for the past 10 years, in Russia. In 1987, David joined Bankers Trust Company in London, working first in the IT department and then as a member of the quantitative analytics team which built derivative pricing models for the bank. In 1990, he moved to Canada where he took charge of the Equity Derivatives business. Until 2005, David worked as a Trader/Trading Manager/Risk Manager in a number of US and European investment banks. From 2005 until the end of 2007, he worked as a regulator in the UK specializing in Market Risk and, subsequently as a senior supervisor of Investment Banks in London. Returning to the industry in 2008, he took responsibility for rebuilding the Independent Price Verification team in Merrill Lynch, globally and then, in 2009, joined VTB Capital, in London as CRO. In 2011, David moved to Moscow with his then role of Global COO of VTB Capital where, following the creation of the Corporate-Investment Bank, he took on the role of Group CRO of VTB Bank. In 2013, David joined Alfa Bank as CRO. After stepping down from this role in 2019, David now sits on the Supervisory Boards and Risk Committees of Alfa Bank Ukraine and Alfa Bank Kazakhstan. He is a member of the Investment and Risk Committee of LetterOne Treasury Services SA and acts as an advisor to the Risk Committee of Alfa Bank Russia.