Programme
3rd March 2009
08:30 Registration and breakfast
09:00 Welcome address
Chris Jeffery, Editor, ASIA RISK MAGAZINE
09:10 *KEYNOTE ADDRESS*
Prabal Banerjee, Group Chief Financial Officer, HINDUJA GROUP
09:40 *INVESTOR KEYNOTE ADDRESS*
Nipun Mehta, Head and Executive Director, SG PRIVATE BANKING GROUP
10:10 Executive address: The New Pension System: the future landscape of India’s pension fund industry
• Social and Economic drivers for pension reforms
• NPS architecture and design
• Overcoming limitations of the system
• Investment Pattern
• Controlling the inherent risk of misselling
• Opportunities arising from the private sector for commercial banks and
insurance companies
• The way forward
Rani Singh Nair, Executive Director, PENSION FUND REGULATORY & DEVELOPMENT AUTHORITY
10:40 Morning coffee break and opportunity to network
11:00 *SPECIAL ADDRESS* Outlook for corporate India and what will happen without the growth stemmed from US Dollar flow
Prakash Subramanian, Managing Director and Regional Head, Capital Markets South Asia, STANDARD CHARTERED BANK
11:30 Plenary address: The real impact the global liquidity crisis has on India’s economy and the financial system
J. Moses Harding, Executive Vice President & Head – Global Markets Group, INDUSIND BANK
12:00 *PANEL DISCUSSION* Macroeconomic outlook and what India should do to prepare itself for the new global financial structure
- Coping with high energy prices
- Shifting fuel supply/demand dynamics
- Credit crunch effect on Indian institutions
- External influences on FX and interest rate
Moderator: Hemant Mishr, Managing Director, Head – Global Markets
India, STANDARD CHARTERED BANK
Lav Chaturvedi, Chief Risk Officer, RELIANCE CAPITAL
Vikram Kotak, Chief Investment Officer, BIRLA SUNLIFE
INSURANCE
Navneet Munot, Chief Investment Officer, SBI MUTUAL FUND
Sudhir Barve, Head of Treasury, ISPAT INDUSTRIES
Shivaji Sen, Secretary, FOREIGN EXCHANGE DEALER'S ASSOCIATION
OF INDIA (FEDAI)
J. Moses Harding, Executive Vice President & Head – Global
Markets Group, INDUSIND BANK
Stream 1
Utilising derivatives ans structured products for investment
13:30 Chairman’s opening remarks
Muthu Kumar, Co-Head of Sales, South Asia, STANDARD CHARTERED BANK
13:40 Compression and reconciliation – critical tools for OTC derivative processing
- Efficiently reducing risk and cost
- A network community approach to portfolio reconciliation
- Benefits of proactive portfolio reconciliation
Peter Weibel, Chief Executive Officer, TRIOPTIMA
14:20 Evolution of structured products in India
- Exploring how markets have changed over the last few years from a distributor's perspective
- How are issuers making money with derivative products
- What is the potential upside and downside of structured products?
- The challenge of tailoring investment solutions
Sonu Bhasin, President, Retail Financial Services, AXIS BANK
15:00 What drives the investors’ changing preferences and how to align your distribution strategies, new ideas and innovations?
- A look at different asset classes and how they fit into the evolving preferences of the investors
- Adapting to the yield-risk balance of the investors
- Deciding between full or partial capital protection
- Smart products which maximise value for the investors
- Creative distribution to the market
Dr. Srinivasa Rao Kapala, Head-Products, MIRAE ASSET GLOBAL INVESTMENTS (INDIA)
15:40 Afternoon coffee break and opportunity to network
16:00 Analysing how equity-linked derivatives should fit into your investment strategy
- Overview of Indian equity linked derivative market
- What is the motivation of equity linked derivatives?
o Payoff diversity and flexibility
o Isolating unwanted risk and gaining preferred exposure
o Manage equity portfolio volatility
o Synthetic funding/leveraging - Typical investment strategies deployed in India
- Future role for equity linked derivatives in investment portfolio’s
R. Nandakishore, Head – Indian Equities, Global Private Clients, ICICI Bank
16:40 Are derivative products a good way to get exposure to the inflation market?
- Principal methods of gaining exposure to the inflation market
- How liquid is the inflation-linked derivatives market?
- Understanding the driving forces of these prices
Aashish Pitale, Head of Structuring, South Asia and Middle East, STANDARD CHARTERED BANK
17:20 *FROM THE HOT SEAT* Leading industry experts - products structurers, brokers, retail distributors and wealth managers - discuss and respond to your questions about the future of the structured products industry in India
Moderator: Prof Sandeep P. Parekh, Visiting Associate Faculty, INDIAN
INSTITUTE OF MANAGEMENT and World Economic Forum’s Young Global Leader 2008
Zafar Sareshwala, Chief Executive Officer, PARSOLI CORPORATION
Ashok Mital, Head of Commodities, KARVY COMTRADE
Jitendra Panda, Senior Vice President, MOTILAL OSWAL
Sai Tampi, Director & Head of Multi Asset Class, Wealth Management, CREDIT
SUISSE
Sanjiv Shah, Executive Director, BENCHMARK ASSET MANAGEMENT
18:10 Chairman’s closing remarks
Stream 2
Tools and techniques of financial risk management for investors and corporates
13:30 Chairman’s opening remarks
Prof Sandeep P. Parekh, Visiting Associate Faculty, INDIAN INSTITUTE OF MANAGEMENT and World Economic Forum’s Young Global Leader 2008
13:40 Management of interest rate and derivative risks for Indian corporates
- • Implementing risk management policies
- • Benchmarking rates for exposure
- • Evaluating risks on unhedged exposure
- • Selection of dynamic hedging strategies
- • Selection of derivative transactions
- • Switching / refinancing
- • Altering maturity mix / lengthening of maturities
- NS Paramsivam , Head- Global Treasurer, ESSAR GROUP
14:20 *PANEL DISCUSSION* Overcoming key challenges of financial risk management for corporations
- Clarifying the concept of risk management within the corporate context
- Assessing the global scenario and implications on the different facets of risks
- Risk management tools and strategies for FX, commodities, and emerging risks
- Sharing best practices
Moderator: Prof Sandeep P. Parekh, Visiting Associate Faculty, INDIAN INSTITUTE OF MANAGEMENT and World Economic Forum’s Young Global Leader 2008
Jitendra Jain, Head: treasury, RADICO KHAITAN
Robin Banerjee, Chief Financial Officer, ESSAR STEEL HOLDINGS
Parul Shah, General Manager Finance, HINDUSTAN CONSTRUCTION COMPANY
N Shridhar, Chief Financial Officer, FUTURE CAPITAL HOLDINGS
Prateesh Sane, Senior Manager, Forex, JSW STEEL
15:00 Regulation as a risk factor – the need for a unified financial language
- Anticipating the increase in regulatory demands post sub-prime crisis
- Meeting the additional demands for higher quality financial analysis
- Cost of financial analysis as a function of regulations
- Overcoming the expensive silo architecture
Willi Brammertz, Risk Chief Technology Officer, FRSGLOBAL
15:40 Afternoon coffee break and opportunity to network
16:00 Currency risk management - a back-to-basic- approach
• Defining treasury’s Objective
• Exposure to Currency fluctuations
• Back to the basics approach
• Understanding the tools
• Case for a conservative treasury model
Rohit Nanda, Head of Risk Management, JINDAL STAINLESS
16:40 Understanding the importance of Forward Freight Agreements (FFAs) as a hedging tool and market
- Emergence of FFAs as an asset class
- Addressing the risk appetites for end-users
- OTC versus the cleared trades
- Non availability of hedging opportunities to Indian corporates
Sudhir Barve, Head of Treasury, ZOOM DEVELOPERS
17:20 *FROM THE HOT SEAT* Leading industry experts - products structurers, brokers, retail distributors and wealth managers - discuss and respond to your questions about the future of the structured products industry in India
Moderator: Prof Sandeep P. Parekh, Visiting Associate Faculty, INDIAN
INSTITUTE OF MANAGEMENT and World Economic Forum’s Young Global Leader 2008
Zafar Sareshwala, Chief Executive Officer, PARSOLI CORPORATION
Ashok Mital, Head of Commodities, KARVY COMTRADE
Jitendra Panda, Senior Vice President, MOTILAL OSWAL
Sai Tampi, Director & Head of Multi Asset Class, Wealth Management, CREDIT
SUISSE
Sanjiv Shah, Executive Director, BENCHMARK ASSET MANAGEMENT
18:10 Chairman’s closing remarks
