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TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Risk mitigation for CUs summit Aug. 7 in Chicago
ALEXANDRIA, Va. (8/5/08)—This Thursday’s Risk Mitigation Summit in Chicago is set to offer six sessions on tools, strategies and trends for reducing hazards that can be associated with some credit union products or services. National Credit Union Administration Vice Chairman Rodney Hood, who is host of the one-day interactive program, announced the following agenda, in addition to his own opening remarks:
* Enterprise Risk Management: Trends, Tools, and Turbulence – A Practitioner’s Perspective, Nate Wuerffel, vice president of Operational Risk Management and Business Continuity, Federal Reserve Bank of New York; * Value Creation Through Dynamic Strategic Management, Leo Tilman, president, L.M.Tilman & Co., and adjunct faculty, Columbia University; * Reputation Risk, John Bryant, founder and chairman/CEO, Operation Hope Inc.; * Capital for Credit Unions Serving Distressed Community, luncheon speaker Donna Gambrell, director of the Treasury Department’s Community Development Financial Institutions Fund; * ERM – A Challenging and Rewarding Journey, Christopher Copeland, director of Corporate Risk Management, CUNA Mutual Group; and * Credit Union National Risk Trends, John Kutchey, director of the Division of Risk Management, NCUA Office of Examination and Insurance.
This is Hood’s second risk mitigation summit, following a January 2007 session in Washington, D.C. where nearly 100 participants attended. Hood said of this week’s session, “The 2008 Summit is well-timed, given the dislocations in the financial markets and the attendant interest in the credit union community in the identification and management of risk.” “As with our previous summit in January 2007, I intend to continue to proactively work to provide whatever regulatory and supervisory tools necessary to assist credit unions in this crucial area.”
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