Dear Colleague:

Amid a sea of bad earnings and write-downs, financial institutions are reexamining their risk management strategies. Some are making aggressive hedging decisions, others are increasing cross-departmental transparency to vet sophisticated product innovation and stave off future risks to credit, compliance, security and reputation. The model for oversight and governance of risk taking activities is changing significantly. More so now than ever before it is crucial for risk executives to redeploy resources to deal with the daily challenges of the current market turmoil.

American Banker & US Banker’s Managing Risk in a Changing Market Conference will bring together industry thought-leaders to help you better understand the interdependencies between risks, adapt quickly by putting in place better oversight, a healthier culture, stronger controls, and more importantly, shield your institution from further losses.

I look forward to seeing you on June 5-6, 2008 at the Hyatt Regency McCormick Place in Chicago for this must-attend event.

Sincerely,

James Wiener
Head of Finance & Risk Practice
Oliver Wyman