RMA to Hold its 90th Annual Risk Management Conference at the Disneyland Hotel in Anaheim, California, October 16-19, 2004. The Conference Marks RMA’s 90th Year of Service to the Financial Services Industry.
Philadelphia, Pa. (September 14, 2004)—Don M. Wilson III, chief risk officer, JPMorgan Chase & Co., will deliver the opening keynote address at RMA’s Annual Risk Management Conference at the Disneyland Hotel in Anaheim, California, October 16-19, 2004. Susan Hudson-Wilson, founder and CEO of Property & Portfolio Research, Inc., will deliver a keynote address on Tuesday.
RMA’s President and CEO Maurice H. Hartigan II noted this is the 90th Annual Conference for the Association, which was founded in 1914 so that bankers could share credit information. RMA has evolved with the industry, however, and its focus today is on managing risk across the enterprise.
“We were the first association to promote enterprise-wide risk management and we structured our organization around it four years ago by focusing on operational risk and market risk as well as credit risk,” said Hartigan. “Risk management creates value for the enterprise. It was true in 1914 when bankers formed RMA to share credit information and it’s even truer today because the industry operates in a broader, more complex marketplace.”
Issues surrounding enterprise risk management will be discussed during the conference, which opens with an address by RMA’s Chair Richard L. Harbaugh, president and CEO, Equitable Federal Savings Bank, Grand Island, Nebraska. Sung Won Sohn, Ph.D., executive vice president and chief economic officer, Wells Fargo Bank, also will address the conference.
“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.”
The Annual Risk Management Conference includes separate breakout sessions designed specifically for community banks as well as for large and regional banks. Highlights include a session on how to set up a risk management program at a community bank and for larger banks a program entitled, “Balancing Growth and Risk Management: Getting to a Line/Credit Partnership.” Other presentations address consumer credit risk management, ALLL methodologies, and combating fraud. Also on the agenda are sessions on forensic accounting, strategies for a more effective management evaluation, and information security.
Two panel discussions are planned. Community bankers will hear a panel of OCC and FDIC regulators discuss current regulatory issues. Bankers from regional and large banks will hear chief risk/credit officers discuss top risk issues. 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.
The Risk Management Association is a member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry.
Founded in 1914, RMA promotes an enterprise-wide approach to risk management that focuses on credit risk, market risk, and operational risk. Headquartered in Philadelphia, RMA has 2,850 institutional members that include banks of all sizes as well as nonbank institutions. They are represented in the Association by 16,000 commercial loan, credit, and risk management professionals in the 50 states, Puerto Rico, Canada, and numerous foreign cities, including Hong Kong, Singapore, Melbourne and London.
For more information, call Kathie Beans at 215-446-4095 or e-mail kbeans@rmahq.org.