RMA to Hold Annual Risk Management Conference at the Sheraton Chicago Hotel and Towers, October 21-24, 2006.
Philadelphia, PA (September 11, 2006)—Norman R. Bobins, president and CEO, La Salle Bank Corporation, will deliver the opening keynote address at The Risk Management Association’s (RMA) Annual Risk Management Conference at the Chicago Hotel and Towers, Chicago, October 21-24, 2006. George F. Will, columnist, television personality and author, will deliver the keynote address on Tuesday.
The Annual Risk Management Conference is designed to help risk management professionals more successfully manage risks across the enterprise. It helps them in their efforts to identify, assess, and manage credit risk, operational risk, and market risk.
“Enterprise risk management is of increasing importance to the financial services industry because the marketplace has become broad and more complex,” said RMA President and CEO Maurice H. Hartigan II. “RMA’s Annual Risk Management conference is designed to help professionals shape new and more effective responses to risk.
“We are particularly proud of the experienced and highly qualified speakers we’ve lined up for this year’s conference,” said Hartigan. “Financial professionals who attend our conference to keep current with the advances and challenges of managing risk in their portfolios will be glad they came.”
Conference highlights include addresses by RMA Chair Glenn L. Wilson, president and CEO of the 116-year-old Citizens National Bank, part of the Mercantile Bankshares Corp., a $17 billion bank holding company, and Carl Tannenbaum, chief economist and director of asset/liability management at La Salle Bank Corporation.
The Annual Risk Management Conference includes separate breakout sessions designed specifically for community banks as well as for large and regional banks. Sessions include discussions about risks in the current real estate market and how to allocate capital to the business units. Balance sheet strategies in a highly uncertain environment will be discussed as will BASEL 1A AND BASELII, mitigating construction risks, fraud prevention and detection. Also addressed at the conference are stress-testing, improving Allowance for Loan and Lease Loss (ALLL), the health care industry and asset valuation models (AVMs).
Regulators from the Federal Reserve System and the OCC will participate in a panel discussion about the regulatory environment. To get more information or to register for the Annual Risk Management Conference, visit RMA’s Web site, www.rmahq.org, or call Customer Care at 1-800-677-7621.
About RMA
Founded in 1914, the Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.
Headquartered in Philadelphia, Pennsylvania, RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by 17,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.
Contact:
Kathie Beans
RMA Public Relations Manager
215-446-4095