Presentation title - Enabling a strong risk culture through effective enterprise risk management. The what, the why, the how of ERM.
Bio - Teressa Betty - Having started her career as a lawyer and practicing in NZ, Australia and London, Teressa’s move into risk management in the UK over 10 years ago was a natural progression. Prior to moving back to NZ in late 2014, she held roles in London which involved establishing and leading local and global risk functions and teams within the financial services sector. Her risk background includes establishing and implementing enterprise risk management, governance and control frameworks at both local and global levels, including frameworks and business processes in respect of operational, compliance, legal, credit and conduct risks, risk appetite and three lines of defence models. She is currently the Chief Risk Officer for Enterprise Risk at Bank of New Zealand, and is passionate about bringing risk management to life in a way that resonates across all levels of the organisation, simplifying concepts and frameworks to maximise effectiveness and awareness.
Presentation title - Think, take and manage risk in an intelligent way
Andrew will explore the notion that to ensure long term sustainable organisational value, risk management must be embedded within good organisational management and governance practices. Andrew will outline the importance of having a clearly defined risk strategy that effectively leverages people, process and technology that supports the organisation to achieve its goals.
Andrew Bissett joined SAI Global as Head of Advisory Asia Pacific in January 2017. Andrew has over 20 years of experience in consulting, strategy, project management, finance, technology, risk management and internal audit.
Andrew’s passion for risk management stems from his belief that to ensure long term sustainable organisational value, risk management must be embedded within good organisational management and governance practices. It is important to have a clearly defined risk strategy that effectively leverages people, process and technology which support the organisation to achieve its goals.
Andrew’s motto is ‘Think, Take and Manage Risk in an intelligent way’.
Bio coming soon...
Presentation Title - Governance, leadership and enterprise risk managent.
Governance is concerned with the systems by which an organisation is controlled and operates, and the mechanisms by which it, and its people, are held to account. This presentation will address the relationships between governance and risk management, from the perspective of the senior leaders of an organisation. We will explore three major themes. We will begin by discussing objectives, risks and controls, and what should be monitored at senior levels of an organisation. We will extend this to consider how risk management can contribute to good governance, and finally to discuss the processes that senior leaders can use to exercise oversight across the risk management process itself.
Bio - Dale Cooper has 40 years’ experience as a senior line manager and an international consultant. He and his colleagues in Broadleaf provide high-level assistance and advice on all aspects of risk management, including the development and implementation of corporate risk management processes, qualitative and quantitative risk assessments, independent peer reviews and risk management training, for many large public and private sector clients in Australasia and overseas. He has been the independent Chairman of two audit and risk committees, and an independent member of two others. Before establishing Broadleaf in 1991 he held senior executive positions in the finance sector. Dale is a member of the Standards Australia and Standards New Zealand Joint Technical Committee OB-007 Risk Management, and a Nominated Expert on IEC Technical Committee 56 Dependability. He is a Fellow of the Australian Institute of Company Directors, a Fellow of the Financial Services Institute of Australasia, a member of the Society of Petroleum Engineers and a member of the Society for Risk Analysis.
Presentation Title - Embracing the upside of Risk
Cameron Harland – Chief Executive of Park Road Post Production, part of the Weta Group of Companies will present on how the Wellington group has grown in recent years by focusing on what they do best and embracing the upside of risk. The group, which includes Weta Digital, Weta Workshop, Stone Street Studios, Portsmouth Hire and Pukeko Pictures has been involved an array of creative work, including: King Kong, The Lord of the Rings trilogy, The Hobbit trilogy, Adventures of TinTin, The Lovely Bones, District 9, Heavenly Creatures, Avatar, Planet of the Apes, The Jungle Book, X men, Ghost in the Shell, Power Rangers and much more. Learn about what challenges the group have overcome, the emerging risks impacting their creative delivery, why innovation is so important and the direction filmmaking will take in the future.
Bio - Cameron Harland is Chief Executive of Park Road Post Production, a high-end post production facility. Cameron oversees the running of Park Road, driving strategic growth and ensuring the business delivers to filmmakers’ expectations for world-class post production services. He also oversees the running of Postmouth Rentals, a lighting and camera rental business and Camperdown Limited, which owns the Stone Street Studios operation. These companies are part of a broader creative group that includes Weta Digital and Weta Workshop. Cameron is the Chair of the New Zealand Story Group and a director of Weta Workshop. Prior to joining Park Road he held roles in advertising and media management at Saatchi & Saatchi Wellington and London, and rugby management at New Zealand Rugby Union. Cameron was educated at Victoria University of Wellington where he graduated with an LLB and BA.
Presentation title - Managing cyber threats and risks at Air New Zealand
A comprehensive Information Security Transformation Programme commenced at Air New Zealand early 2015. This programme of work addressed security governance, architecture and operations and was primarily focused on reducing the risk of logical attacks and improving Air New Zealand’s overall security posture. In addition to this, it also delivered significant technology, infrastructure and operational uplifts and an improved protection for Air New Zealand against existing and emerging cyber threats. Fred will talk about Air New Zealand’s cybersecurity journey, how the airline is managing the risks associated with cyber security and some lessons and pitfalls he learnt along the way.
Bio - Fred Laury joined Air New Zealand early 2014. As Chief Information Security Officer, he is managing the Information Security team and has initiated an ambitious Information Security Transformation Programme aiming at improving cyber resilience and raising Air New Zealand’s security maturity across a number of domains. Fred brings a wealth of experience in Information Security, Disaster Recovery and Risk Management having worked previously in France and in New Zealand in various sectors such as banking, government, telecommunications and manufacturing. Outside of work, Fred enjoys the outdoors, is a keen trail-runner and rugby-head.
Presentation title - Does conventional wisdom serve us well? A Mayors’ perspective
Bio coming soon...
Presentation title - The true measure of risk management: Control effectiveness or residual risk level?
There is a prevailing practice for the risk management narrative and associated reporting to present risk information at residual levels (i.e. post mitigation), either as a standalone or relative to inherent risk levels (i.e. pre-mitigation). Furthermore these residual risk levels predominantly steer clear of the ‘red portions’ of the heat map/matrix (and numerical equivalent), tending to settle on more acceptable values and corresponding shades of yellow and amber, and on occasion even green. The intention of these shifts in risk level is obviously to confirm the heuristic that amber and green are far better than red, and that because of the shift we can rest assured in the knowledge that the risk is being controlled. Yet when we look at the descriptions of the mitigation measures provided there is seldom sufficient information to appreciate how this is has been achieved. Worse still, are the instances where miraculous reductions in risk levels have been attributed to obviously inadequate controls or controls yet to have been implemented. One may argue that the intension of a heat-map or risk matrix was never to communicate the full detail of the mitigation measures that have been implemented, and that they should not be scrutinised for such purposes. How then does an organisation get an accurate gauge of risk mitigation measures? This presentation puts forward an approach to reposition risk management practices to incorporate greater attention on measuring control effectiveness. The approach draws on the premise of critical control management, demonstrating that focusing risk-management on those controls that are most critical will provide the best means to gauge how well the risk is being managed.
Bio - Ross Liston is an Associate Director in KPMG’s Advisory team based in Auckland. He specialises in process and system-specific requirements of enterprise risk management, as well as content-specific expertise in non-financial risk (in particular the disciplines of safety and sustainability). Ross has 20 years’ global experience in both industry and consulting roles identifying, assessing and managing non-financial risk and has extensive experience in the associated governance, performance, assurance, transaction advisory services, and implementation of management systems and frameworks. He brings complementary competences in project and programme management, workshop facilitation, training, coaching and organisational change management. He is particularly interested in the interrelationship of risk and behavioural economics; and ensuring that is risk understandable and fit-for-purpose to all it affects inside and outside the organisation.
Presentation title - Applying risk research and modelling to focus resources
Bio - Nick Mulcahy was named RiskNZ’s Emerging Risk Manager of the Year in 2015. A coastal scientist and director of Coastal Research Ltd, Nick is also the Aquatic Risk Manager for Surf Life Saving New Zealand. His work has involved collaboration with the wider water safety sector, crown research institutes and other national and international organisations to develop, implement and evaluate risk management strategies at identified high-risk sites.
Presentation title - Cyber risk issues and trends, solutions, implications for the insurance sector
Bio - Jeremy Scott-Mackenzie is a leading authority on underwriting and the strategic leadership of liability insurance portfolios, with a particular emphasis on directors liability, fraud and cyber risks across Asia Pacific.Jeremy Scott-Mackenzie is a leading authority on underwriting and the strategic leadership of liability insurance portfolios, with a particular emphasis on directors liability, fraud and cyber risks across Asia Pacific. Jeremy is a passionate advocate for continuing to develop the knowledge and professionalism of the insurance and risk industry, is a regular speaker on liability issues, and is regularly published in industry and broader financial media. Jeremy is a Certified Practicing Accountant, Registered Professional Liability Underwriter and is a member of the Australian Institute of Company Directors and the Australian Insurance Law Association. Jeremy was previously the Chairman of the Insurance Council of New Zealand's liability sub-committee and the current National President of Australian Professional Indemnity Group Inc, a leading insurance industry body representing for professional and financial lines insurance.
Presentation title - Business model disruption
We live in an age where year on year company longevity is declining, mortality is on the rise, and many of the fundamentals of good business practice are being turned on their head. The last decade has seen a number of businesses and their business models put under extreme pressure. AirBnB could be regarded as one of the largest hotel chains in the world. Uber, arguably are one of the largest taxi companies. Neither AirBnB nor Uber have significant assets or infrastructure, but present a real threat to the behemoths that occupy these segments. Kodak not only invented the digital camera, but even as they filed for chapter 11, were regarded globally one of the most innovative companies. Business model disruption is nothing new. Western Union, who at one point in time operated a global network of telegraphs failed to see the potential in Alexander Graham Bell’s newfangled device. History is littered with similar examples. However, it is the pace of change. Digitization, the internet, disruptive innovations, are all impacting businesses in ways that are often both dramatic and unpredictable. Often technology is regarded as the core of the problem. The iPod, when it was created was actually not a new piece of technology, MP3 players had existed for almost a decade before the iPod. It is often the business model and ecosystem that accompanies the technology that disrupts and has the potential to topple a business (or industry). A business will often recover from a major product recall, server going down, loss of a key supplier or customer, but it is difficult to recover when your whole business model and ecosystem are substituted. The music industry was one of the first major industries to be digitally disrupted and provides a fascinating example of things to come for other major businesses and industries. Ben will draw on his international experience in the media industry to talk about some of the problems with traditional risk management, and focus on business model risk and brand risk as key areas of risk that are often overlooked.
Bio - Ben Stevens is the Chief Executive of Risk Dynamics, a boutique risk advisory consultancy specializing in strategic risk. Risk Dynamics consults to a number of New Zealand’s leading brands. Ben is the Chief Executive of Risk Dynamics, a boutique risk advisory consultancy specializing in strategic risk. Risk Dynamics consults to a number of New Zealand’s leading brands. Ben has an extensive background in risk and governance and has spent over a decade working in senior strategic risk roles across a variety of industries including the recorded music industry in London, the TV and broadcast industry in Eastern Europe and more recently the payments and Telco industry in New Zealand. Ben is a Chartered Accountant and holds an Executive MBA (with distinction) from Warwick Business School (U.K.). Ben presents regularly on the topic of risk and recently presented on the topic of business model risk at the IOD leadership conference.
Presentation title - Emerging global trends: managing risk and developing organisational resilience
Bio - Dr Bridgette Sullivan-Taylor is a senior lecturer at the University of Auckland. Her research focuses on managing uncertainty and developing organizational resilience. She has worked within the UK Cabinet Office Civil Contingencies Secretariat since 2008 looking at establishing public-private partnerships in the context of extreme events such as terrorism, natural disasters, economic recessions and pandemics. Her research has informed the development of UK policy as an advisor and through events she has held at the House of Commons and Number 10 Downing Street focused on national security as well as critical national infrastructure related concerns. She is now extending this research and develop a UK/NZ/Australasia comparative research programme.