Federal Reserve Board Governor Meyer to Address RMA Capital Management Conference

RMA-The Risk Management Association Will Hold Its Annual Conference on Capital

Management, Risk Management - The Enterprise Perspective, in Washington, D.C.,

May 16-18, 2001, at the Loews L'Enfant Plaza Hotel; Laurence H. Meyer, A

Federal Reserve Board Governor, Will Deliver the Keynote Address



Apr 23, 2001, 01:00 ET from RMA-The Risk Management Association

    PHILADELPHIA, April 23 /PRNewswire Interactive News Release/ -- RMA-The
 Risk Management Association has invited a distinguished group of speakers with
 experience in all aspects of risk management to its annual conference on
 Capital Management to be held in Washington, D.C. at the Loews L'Enfant Plaza
 Hotel, May 16-18.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20001102/PHTH035LOGO )
     Laurence H. Meyer, a Federal Reserve Board Governor, will deliver the
 keynote address on Thursday, May 17.  He will discuss broadly how enterprise-
 wide risk management is practiced today.  He also will discuss how the Federal
 Reserve views its role as the regulator of large complex financial
 institutions within the context of changes brought about by the Gramm-Leach-
 Bliley Act and the forthcoming changes to the Basel Accord.
     Meyer's address will be followed by a panel discussion of chief risk
 management professionals: Robert W. J. Nimmo, chief risk officer, First Union
 Corp.; Eli Licht, chief credit officer, Wells Fargo Bank; and Maurice
 Hartigan, who is incoming president and CEO of RMA and a former executive vice
 president, PNC Corp.
     Another distinguished panel of senior risk managers will discuss
 approaches to the new Basel Accord.  When it is adopted in 2004, the
 international Accord will permit U.S. banks that practice advanced risk
 management techniques to set aside regulatory capital using an internal risk-
 based approach.  Participants in this panel include Stuart Brannan, vice
 president-portfolio research and analysis, Bank of Montreal, Shaheen Dil,
 senior vice president, Portfolio Management Group, PNC Bank; and William
 Treacy of the Federal Reserve Board.
     Issues in enterprise-wide risk management will be discussed in concurrent
 breakout sessions.  These sessions include:
     -- Measurement of Risk and Risk Management Information Systems - Data
        Warehousing and Technology Issues
     -- Shareholder Disclosure of Risk Positions
     -- Stress Testing and the Management of Risk
     -- Approaches to Management of Operational Risk - Business Units and
        Basel
     -- Tools for Enterprise-Wide Risk Management: Market Risk - The Uses and
        Abuses of VaR, Risk Mitigation-Applications of New Tools, Optimizing
        Economic Capital-Moving from Model to Reality
     General sessions will address the issues and challenges facing credit and
 market risk modeling as well as the evolving role of the chief risk officer.
 
     RMA is the only financial services association that specializes in
 promoting effective credit risk management practices across the entire
 financial services industry.  Its membership consists of more than 3,000
 financial service providers.  These institutions are represented in the
 association by more than 18,000 commercial loan, credit, and risk management
 professionals in 50 states, Puerto Rico, Canada and numerous foreign cities,
 including Hong Kong, Singapore and London.  For more information, call Pam
 Martin, Director of Regulatory Relations and Communications, at 215-446-4092
 or e-mail pmartin@rmahq.org.  Visit RMA on the Web at www.rmahq.org.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X24162298
 
 

SOURCE RMA-The Risk Management Association
    PHILADELPHIA, April 23 /PRNewswire Interactive News Release/ -- RMA-The
 Risk Management Association has invited a distinguished group of speakers with
 experience in all aspects of risk management to its annual conference on
 Capital Management to be held in Washington, D.C. at the Loews L'Enfant Plaza
 Hotel, May 16-18.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20001102/PHTH035LOGO )
     Laurence H. Meyer, a Federal Reserve Board Governor, will deliver the
 keynote address on Thursday, May 17.  He will discuss broadly how enterprise-
 wide risk management is practiced today.  He also will discuss how the Federal
 Reserve views its role as the regulator of large complex financial
 institutions within the context of changes brought about by the Gramm-Leach-
 Bliley Act and the forthcoming changes to the Basel Accord.
     Meyer's address will be followed by a panel discussion of chief risk
 management professionals: Robert W. J. Nimmo, chief risk officer, First Union
 Corp.; Eli Licht, chief credit officer, Wells Fargo Bank; and Maurice
 Hartigan, who is incoming president and CEO of RMA and a former executive vice
 president, PNC Corp.
     Another distinguished panel of senior risk managers will discuss
 approaches to the new Basel Accord.  When it is adopted in 2004, the
 international Accord will permit U.S. banks that practice advanced risk
 management techniques to set aside regulatory capital using an internal risk-
 based approach.  Participants in this panel include Stuart Brannan, vice
 president-portfolio research and analysis, Bank of Montreal, Shaheen Dil,
 senior vice president, Portfolio Management Group, PNC Bank; and William
 Treacy of the Federal Reserve Board.
     Issues in enterprise-wide risk management will be discussed in concurrent
 breakout sessions.  These sessions include:
     -- Measurement of Risk and Risk Management Information Systems - Data
        Warehousing and Technology Issues
     -- Shareholder Disclosure of Risk Positions
     -- Stress Testing and the Management of Risk
     -- Approaches to Management of Operational Risk - Business Units and
        Basel
     -- Tools for Enterprise-Wide Risk Management: Market Risk - The Uses and
        Abuses of VaR, Risk Mitigation-Applications of New Tools, Optimizing
        Economic Capital-Moving from Model to Reality
     General sessions will address the issues and challenges facing credit and
 market risk modeling as well as the evolving role of the chief risk officer.
 
     RMA is the only financial services association that specializes in
 promoting effective credit risk management practices across the entire
 financial services industry.  Its membership consists of more than 3,000
 financial service providers.  These institutions are represented in the
 association by more than 18,000 commercial loan, credit, and risk management
 professionals in 50 states, Puerto Rico, Canada and numerous foreign cities,
 including Hong Kong, Singapore and London.  For more information, call Pam
 Martin, Director of Regulatory Relations and Communications, at 215-446-4092
 or e-mail pmartin@rmahq.org.  Visit RMA on the Web at www.rmahq.org.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X24162298
 
 SOURCE  RMA-The Risk Management Association