The Islamic Financial Services Board’s (IFSB) first standalone high-level Executive Forum on Islamic Finance, themed “Effective Risk Management Oversight and Governance of Islamic Banks,” will offer discourse in risk oversight and governance issues for effective risk management of Islamic banks from the standpoint of the IFSB by using the relevant IFSB standards as guidelines. This high-level Executive Forum will be held from 29 to 30 October 2018 in Kuala Lumpur, Malaysia.
The Forum will focus on issues relevant to the Board of Directors, Risk Committee and senior management of Islamic banks in relation to risk management and governance oversight functions.
The Secretary-General of the IFSB, Dr. Bello Lawal Danbatta, in his statement mentioned:
“I am pleased to share that this is the first time the IFSB is organising a solo high-level Executive Forum series. This first edition is tailored for the senior management and Board of Directors of Islamic banks from IFSB member and non-member jurisdictions, which aim to provide a forum for industry practitioners and experts to discuss the pertinent risk governance issues faced by Islamic banks and build their understanding of the relevant Standards issued by the IFSB, as well as to network and share industry experiences. We have a line-up of speakers who will be sharing their experience and insights on the topic during the two-day discussion.”
Confirmed speakers for this high-level IFSB Executive Forum on Islamic Finance are prof. Dato’ Dr. Azmi Omar, President & Chief Executive Officer, International Centre for Education in Islamic Finance (INCEIF); Dato’ Badlisyah Abdul Ghani, President, The Chartered Institute of Islamic Finance Professionals (CIIF); Prof. Dr. Mohamad Akram Laldin, Executive Director, ISRA; Nor Shahrizan Sulaiman, Deputy Head, Group Islamic Banking, Deputy CEO Maybank Islamic Berhad; Nik Shahrizal Sulaiman, Assurance Partner, Risk Assurance Services, PwC Malaysia and Simon Chen, CFA, Vice President and Senior Analyst, Moodys’ Investors Service.
The IFSB is an international standard-setting organisation that promotes and enhances the soundness and stability of the Islamic financial services industry by issuing global prudential standards and guiding principles for the industry, broadly defined to include banking, capital markets and insurance sectors. The IFSB also conducts research and coordinates initiatives on industry-related issues, as well as organises roundtables, seminars and conferences for regulators and industry stakeholders. Towards this end, the IFSB works closely with relevant international, regional and national organisations, research/educational institutions and market players.
The members of the IFSB comprise regulatory and supervisory authorities, international inter-governmental organisations and market players, professional firms and industry associations.
Source Zawya