CFA Risk Summit

Risk management has been a constant in the CFA Program® curriculum. Due to the unabated interest in this area, CFA Society Poland invites you to the CFA Risk Summit 2019. Adopting efficient policies, proper procedures and good practices makes one's projects successful, but in order to achieve that, we need to identify risk and plan the next steps. 

CFA Society Poland along with a group of experts want to discuss a few areas, which shape the modern image of finance and let us evaluate risk in order to work on minimising its influence. Together we want to examine the future of bank risk management and market risk. What trends can we expect in these areas? We hope that the question can be answered by looking into regulatory issues, client expectations and the evolution of analytics. 

CFA Risk Summit 2019 is also an excellent opportunity to discuss the part technology plays in the investment business and its influence on well prospering companies within this sector, as well as the role of Artificial Intelligence (AI) in investment valuation and risk management. While these aspects are important, we must not forget about the crucial factor – humans and their decisions. We are happy to host an expert in this area, our Keynote Speaker, Professor Roger G. Ibbotson of Yale School of Management. Professor Ibbotson will present his stance on behavioral finance in his special lecture.

Strategies of banks and other financial institutions are already considering all the abovementioned subjects. We hope that thanks to CFA Risk Summit 2019 our community will share their experience and ideas about successful risk management.

The conference is free of charge. You can participate just by registering below.

Our Keynote Speaker is prof. Roger G. Ibbotson

Roger G. Ibbotson is Professor in the Practice Emeritus of Finance at Yale School of Management. He is also Chairman of Zebra Capital Management, LLC, a global equity investment and hedge fund manager. He is founder, and former chairman of Ibbotson Associates, now a Morningstar Company.


Venue: Polonia Palace Hotel, 45 Jerozolimskie Ave., Warsaw
Date: 16 May 2019


14:00–14:30 Registration, Welcome coffee


14:30–14:35 Welcome Remarks

  • Prof. Krzysztof Jajuga, President, CFA Society Poland

14:35–15:00 Presentation: Long Tails in Economic Forecasts. Do Analysts Underestimate Risks?

  • Ignacy Morawski, Macroeconomic Expert, SpotData.pl 

15:00–16:00 Discussion Panel: The future of bank risk management

  • Panel participants: Adam Lewandowski, CFA (Alior Bank), Piotr Smoleń, CFA (Symmetrical.ai), Sergius Flek, CFA (Goldman Sachs), Konrad Kompa, CFA, PRM (Credit Suisse), Bartek Ostrowski (UBS)
  • Panel moderator: Przemysław Barankiewicz, CFA (CFA Society Poland)

16:00–16:15 Coffee break

16:15–16:40 Presentation: Climate Risk & Investment Industry by Maciej Bukowski (WiseEuropa)

 Panel Discussion: The deployment of AI in the investment evaluation and risk management

Panel participants: Michał Pastuszak, CFA (Synerise), Daniel Sandmann (University of Augsburg, ICN Business School Nancy/Berlin), Mateusz Wiliński (Scuola Normale Superiore), Agata Chęcińska (deepsense.ai), Kamila Stępniowska (10Clouds)

Panel moderator: Piotr Serwin (Almondata)

17:40–18:00 Coffee break

18:00–19:00 Presentation by a keynote speaker: A Bridge between Classical and Behavioral Finance

  • Prof. Roger Ibbotson, Yale School of Management

19:00–20:00 Closing remarks, networking

Experts you will meet
President of CFA Society Poland, Professor of Economic Sciences at Wroclaw University of Economics (title given by the President of Poland in 1992), Head of Finance Management Institute. He is member in scientific and professional organizations: Member of Executive Board of Committee of Statistics and Econometrics of Polish Academy of Sciences, Member of Executive Board of Committee of Financial Sciences of Polish Academy of Sciences , Member of Executive Board of Committee of Economic Sciences of Polish Academy of Sciences. His research interests are: financial markets and instruments, risk management, corporate finance, real estate, insurance and quantitative methods (econometrics, statistics).He was a member of the Scientific Council of the National Bank of Poland and a member of the Supervisory Board of Warsaw Stock Exchange.
Fintech expert, organiser of financial services innovators meetups – FintechTrends group – since 2015. Finance professional with international experience, graduate of Middlesex University in London. For 8 years, Piotr worked in the City as a financial markets trader. After he came back to Poland, he built an asset management department for one of the biggest cooperative banking groups in Poland and a trading company investing through algorithms. He has also executed a number of advisory projects for Polish enterprises. Currently he is Vice President of a consulting company Almondata.
Roger G. Ibbotson is Professor in the Practice Emeritus of Finance at Yale School of Management. He is also chairman and CIO of Zebra Capital Management, LLC, an equity investment and hedge fund manager. He is founder, advisor and former chairman of Ibbotson Associates, now a Morningstar Company. He has written numerous books and articles including "Stocks Bonds Bills" and "Inflation with Rex Sinquefield" (updated annually) which serves as a standard reference for information and capital market returns. Professor Ibbotson conducts research on a broad range of financial topics, including popularity, liquidity, investment returns, mutual funds, international markets, portfolio management, and valuation. He has recently published "The Equity Risk Premium" and "Lifetime Financial Advice". He has also co-authored two books with Gary Brinson, "Global Investing" and "Investment Markets". He is a regular contributor and editorial board member to both trade and academic journals.
Daniel Sandmann is a frequent key note speaker and publishes on regulation, new technologies and digital strategy. Daniel had global compliance and regulatory roles with an international Financial Services Group in Munich, leading international regulatory change projects. Prior to this, Daniel was Director at Deutsche Bank AG, Frankfurt and in charge of the interaction with regulators globally, including coordination of regulatory audits and of the colleges of supervisors. Before heading the Regulatory Contact Office, his positions at DB included global compliance coordination of outsourcing, regional Compliance Officer and reputational risk management coordination. Daniel has been a research fellow at the Universities of Muenster and Barcelona. He studied at University of Muenster law school and received the bar exam at the Berlin Federal High Court. Daniel graduated from University of St. Gallen and Harvard Law School Program on Negotiation and has a teaching assignment on Compliance at the University of Augsburg.
A researcher and a practitioner. Physicist by training, interested in finance from both scientific and business perspective. Worked as a Quantitative Researcher for hedge funds and financial institutions in Poland and UK. Collaborated on projects related to market microstructure with scientific groups from Japan, UK, Italy etc. Currently working as a researcher in Quantitative Finance group at Scuola Normale Superiore di Pisa and as a consultant for BMLL Technologies.
Board member of CFA Society Poland, PhD candidate at Wrocław University of Economics. Przemysław is an experienced economics commentator and in the past worked as the Editor in Chief of Bankier.pl and for the online version of "Puls Biznesu", leading finance-focused media in Poland.
Adam Lewandowski, CFA, PRM works as Head of Financial Risk in Alior Bank SA. His main responsibilities include: managing liquidity risk, modelling balance sheet for market & liquidity risk purpose, implementation of CRDIV/CRR and managing operational risk of treasury area and Middle-Office functions within treasury. Adam is a graduate of Warsaw School of Economimcs and Warsaw University of Technology. Previously he worked for the Polish Financial Supervision Authority and the National Bank of Poland. 


CEO & co-founder of a Polish-British fintech startup, Symmetrical.ai. Co-founder and partner in Data Ventures. Former President and co-founder of Turbine Analytics, which was sold to a strategic investor in a transaction financed by a global private equity fund. Piotr is CFA® charterholder and graduate of Warsaw School of Economics and Stanford Graduate School of Business. Author of numerous articles dealing with finance and technology. 
Ignacy Morawski is one of the best-known market economists. His background includes work in a banking sector (WestLB, Polski Bank Przedsiębiorczości), where he was chief economist ressponsible for microeconomic analyses. In the years 2012-16 he was noted in many forecasting rankings and was recognised among top three best macroeconomic analysts twice according to the National Bank of Poland and "Rzeczpospolita" daily. He was also part of the macroeconomic forecasting task force in the Polish Academy of Sciences and part of WiseEuropa think tank. Ignacy started his career as a financial journalist in "Rzeczpospolita". He graduated with a degree in economics at Bocconi University in Milano and political sciences at Warsaw University. 
A professional with over 7 years of experience gained in leading companies from the financial and IT industries. He is currently responsible for a product development with the use of AI in Synerise and in finance as well. An expert in the agile method.
Sergius Flek is Head of Credit Risk Poland providing oversight for several key risk-wide focus areas in Poland including Product Control, Portfolio Management and Counterparty Analysis. Before assuming his current role, Sergius Flek was working in London and Frankfurt offices holding various roles in Credit Risk.
Konrad Kompa is a Risk Management Director at Credit Suisse. He has over a decade of risk management experience, gained in London and Warsaw, primarily in the Global Investment Banking area. Konrad is also the Director of PRMIA Poland Chapter, and a holder of CFA, CQF and FRM designations.
PhD in Economics, President of WiseEuropa. Assistant professor at University of Warsaw. In 2006-2013 President of Institute for Structural Research. Co-author of multiple Polish strategic documents, e.g. Hausner’s Plan, Poland 2030 – Development Challenges, Long-term National Development Strategy (Poland 2030 – Third wave of modernization). Project manager and author of various press commentaries and press articles regarding, among others, macroeconomics, energy policy, innovativeness, pension system and the labor market.
Agata Chęcińska is an academic specialising in physics, who has worked across Poland, Spain and Singapore. Currently she is a data scientist in machine learning team at deepsense.ai. She deals with the implementation of machine learning techniques in capital markets.
AI solutions and business benefits connector. Working with clients in Europe and the US.
Currently, affiliated to 10Clouds on Business Development position, as well as handling business ownership on the new machine learning team in 10Clouds. The company specialises in Computer Vision and Natural Language Processing. 10Clouds is technology partner with the US based company, Trust Stamp. In previous years Kamila Stępniowska has been creating B2B, data science and machine learning education programs with deepsense.ai. Working with Intel, UN, NewEgg, one of the biggest cosmetics company worldwide and more. In her couple years episode of being a PhD student, she has been doing the research on open source programming projects at Chair of Sociology of Culture, Institute of Sociology (University of Warsaw). She is an amateur photographer, Japanese culture fan and runner.
Harvard Business School and Cambridge University graduate. Previously managed UBS Wealth Management Finance teams and worked in Mergers and Acquisitions Advisory as Partner at Decius Equity, in Private Equity at Cooper Wallace in London/EMEA and as Director and Vice-President in Capital Markets & European Policy Advisory at Chatham Financial. Started career at Deutsche Bank in London within Global Banking.


Dla prawidłowego wypełnienia formularza konieczne jest wypełnienie pól oznaczonych (*)


CFA Society Poland is one of the 146 member societies of CFA Institute. It was established on April 14th, 2004. There are local member societies in more than 70 countries/territories, and have more than 135,000 members in 150 countries/territories.

The Society promotes the highest ethical standards in Polish investment community. CFA Society Poland gathers professionals involved in broadly defined investment and financial management. This group includes portfolio managers, financial analysts, investment advisors, risk managers and many other finance professionals.

Contact Person:

Monika Grabek
Executive Director
Mobile: +48 668 870 211
e-mail: monika.grabek@poland.cfasociety.org

Jakub Jański
Communication Coordinator
Mobile: +48 798 068 139
e-mail: jakub.janski@poland.cfasociety.org

e-mail: office@cfa.com.pl