“Managing Risk for Growth & Development”

Managing risk for organizational success is a process, not an event. Too much focus on downside risk will overlook potential gains from pursuing the upside. Mona School of Business is collaborating with the UWI Department of Mathematics and the Caribbean Actuarial Association to host MSB Roundtable 2010 on March 4-5, at the Mona Visitors’ Lodge & Conference Centre under the theme “Managing Risk for Growth & Development”. At this forum, organizational leaders from the private and public sectors, will engage international and local experts in meaningful dialogue to uncover methods for recognizing and resolving issues pertaining to risk.

This forum is designed to raise awareness of the importance of risk management and to equip participants with requisite knowledge and foundational tools to understand the key concepts and know-how, in order to measure, monitor and manage risk for better decisions.

The areas of focus are:

  1. Global Risk Trends: Implications for the Caribbean which explores Diversification Post Financial Crisis, Capital Adequacy and Liquidity and Feasible Business Models;

  2. Strategies for Managing Different Types of Risks which addresses Credit Risk, Market Risk, Operational Risk and Business Risk; and

  3. Anticipating and Coping with Change which focuses on Risk Models and their Limitations, Stress Testing, Back Testing and Model Benchmarking.