This 1-day Board Strategy & Risk Management Programme is a core module designed to explore the role of the Board in strategy setting and implementation in order to meet its goals whilst responding to changes in its environment. The programme also focuses on the importance of a top-down approach in risk management by the Board in efforts to cultivate a proactive approach.

Learning Outcomes

• Understand the Board’s responsibility in setting strategy to achieve sustainable long-term success
• Identify approaches to review and monitor key performance indicators against strategic plan
• Develop a broader knowledge on current risk assessment techniques
• Identify the appropriate risk classification and the relevant ‘red flags’

Facilitator

DR DAVID BOBKER
MA, DPhil, ACA, FRM, DPhil Oxford University
Qualified member of the ICAEW in the UK and Global Association of Risk Professionals Certified Financial Risk Manager

Dr David Bobker is the Associate Professor in Risk Management and Director of the Centre for Economics and Risk at the Malaysia University of Science and Technology (MUST), where he is leading initiatives to enhance research and teaching in these areas as well as the development of software applications for risk analysis, stress testing and econometric analysis. These are based on his unique “inverse risk logic” approach which encompasses reverse stress testing methodologies and a top-down approach to strategic risk management.

Prior to July 2014, he was Head of Risk at the Asian Institute of Finance in Kuala Lumpur, a body set up by Bank Negara Malaysia to promote human capital development in the banking and financial services industry. As the Head of Risk, he conducted research in risk management, designed and delivered training programmes including hands-on operational risk management and monte carlo methods as well as the strategic approach to risk management, governance and auditing to directors and C-suite senior managers of major organisations.

He developed the Risk Management Module of Bank Negara’s Financial Institution Directors Education (FIDE) programme in 2009 and 2010, delivering a 2-day training session to board members of most of Malaysia’s bank and insurance companies and subsequently moved to Malaysia in 2010.

He has also been providing risk consultancy services since 2001 – recent assignments include work for the International Finance Corporation (IFC – part of the World Bank) to implement a risk governance and audit framework for one of IFC’s banking clients, and more recently, the development of an econometric model for a large bank.

In his past career, David worked as a senior audit manager and consultant with KPMG and Deloitte. He was also Group Head of Internal Audit of Alliance & Leicester and Norwich Union, both FTSE 100 financial institutions, and was a supervisor and policy maker at the UK Building Societies Commission (now part of the FSA). With a varied career spanning over three decades, David has worked for blue chip and small organisations, both successful and failed and has observed many fascinating issues worthy of study. He is therefore able to share his wealth of experience during the programme, which balances hard technical aspects with equal emphasis on the realities of corporate life.

David holds a DPhil in Mathematics from Oxford University. He is a UK (ICAEW) Chartered Accountant and holds the GARP FRM qualification.

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