Challenges and Changes in Risk Management

This event is organized with the joint degree program Master of Science in Quantitative Finance of UZH and of ETH.

PRMIA Zurich is proud to announce the second event for 2013, an evening
with Philip Lofts, CRO of UBS and Jean-Charles Rochet, Professor of Banking
in the Banking and Finance Institute of the University of Zurich. Based on
their respective experience, both speakers will provide their views on
challenges faced by financial institutions today, and changes taking place
as a result. After the event, guests will have a chance to interact with
the speakers during a Q&A session and apéro. Further details of the event
are provided below.

Date: September 23, 2013
Start: 18.30
End: 19.45, followed by an Apéro
Location: UBS Gruenenhof Auditorium, Nueschelerstrasse 9, Zurich, Map
Organizer: PRMIA Zurich

Thanks to our sponsors, including:


18.30: Welcome, Dr. Pieter Klassen, UBS
18.35: Talk with Philip Lofts and Jean-Charles Rochet
19.35: Q&A
19.45: Apéro with refreshments

About the speakers:

Philip J. Lofts,

Philip J. Lofts became a GEB member in 2008, and was re-appointed as Group
Chief Risk Officer in December 2011 after serving in the same role from
2008 to 2010. He was CEO of UBS Group Americas from January to November
2011. Mr. Lofts, who began his career with UBS over 25 years ago, became
Group Risk Chief Operating Officer in 2008 after three years serving as
Group Chief Credit Officer. Before this, Mr. Lofts worked for the
Investment Bank in a number of business and risk control positions in
Europe, Asia Pacific and the US. Mr. Lofts joined Union Bank of Switzerland
in 1984 as a credit analyst and was appointed Head of Structured Finance in
Japan in 1998. Mr. Lofts successfully completed his A-levels at Cranbrook
School. From 1981 to 1984 he was a trainee at Charterhouse Japhet plc, a
merchant bank, which was acquired by the Royal Bank of Scotland in 1985.

Jean-Charles Rochet,
Professor of Banking,
Banking and Finance Institute,
University of Zurich

Jean-Charles Rochet is Professor of Banking in the Banking and Finance
Institute at University of Zurich. His research interests lie in banking
crises and regulation. Prof. Rochet is interested in the type of regulation
that not only deals with the solvency of individual banks, but also
monitors the resilience of the banking sector as a whole. He has taught in
Paris, London, (B.P. visiting professor, London School of Economics,
2001-02), and Toulouse (1988-2011). He has also been council member of
European Economic Association, and associate editor of Econometrica. He has
written more than 60 articles in international scientific journals and 7
books , including “Microeconomics of Banking” (with X. Freixas), MIT Press,
‘When Insurers Go Bust” (with G. Plantin), Princeton UP, “Why are there so
Many banking Crises?”, Princeton UP and “Risk Management in Turbulent
Times” (with G.Beneplanc), Oxford UP.