Plenary Speakers

Keynote Speaker

Howard Silby Howard Silby is President of the Risk Management Association Australia. NAB's first Executive General Manager of Enterprise Risk, Howard developed a consistent and clear enterprise-wide approach to core risk management activities including governance, reporting, training, risk assessment, appetite-setting, operational risk and risk strategy development. He was also responsible for four risk categories at NAB: Operational Risk, Compliance, Regulatory Risk and Strategic Risks. Prior to joining the Risk Executive team, Howard was a member of NAB’s Personal Banking executive team. Currently Howard heads NAB's Deposit business, with responsibility for all NAB Ltd Deposit raising activities in Retail, Business and Wholesale markets across Australia and Asia.


Tim Andrews Tim Andrews is an Actuary and Director of Finity Consulting and specialises in general insurance. He has extensive experience in claim reserving, pricing and portfolio management and is currently the Appointed Actuary for three insurers. In addition to his valuation roles, Tim also leads Finity's Natural Perils, Climate Change and Commercial Lines rate-making practice groups.
Tara Cahill Tara Cahill is the Chief Risk Officer, Group Services for the Westpac Group. Tara joined the Westpac Group in 2004 following a career of over 15 years in management consulting in Europe and Australia, where she worked with international clients across diverse industries and solutions, resulting in a broad range of integrated skills spanning risk management, IT and business strategy, programme and project management, change management and process improvement. Prior to her role as a Divisional Chief Risk Officer, Tara was the Head of Group Operational Risk for the Group.
Shaun Dooley Shaun Dooley is the Executive General Manager, Enterprise Risk and Chief Credit Officer at National Australia Bank. Shaun leads the Enterprise Risk function, which is responsible for measurement, management and monitoring of the credit and operational risk profile across the National Australia Bank Group. Shaun has been with National Australia Bank for over 22 years with a number of appointments both in Australia and offshore. The positions have spanned relationship banking in Institutional Banking, Financial Institutions and Corporate Banking, Financial Markets, eBusiness and Risk Management.
Emma Herd Emma Herd is Executive Director, Emissions and Environment at Westpac. Working across all areas of Westpac, Emma is responsible for leading the bank's strategic response to climate change and for driving commercial solutions for emerging environmental challenges and opportunities. Emma is also a Director of the Carbon Market Institute Board and a member of the Cornerstone Capital Global Advisory Council.
Igantius Li Ignatius Li has been at Deloitte for over nine years and is a health actuary. He focusses on health insurance, health finance, and strategy and has experience in Australia, New Zealand and Singapore. One of his key clients is the Ministry of Health in Singapore, which he has advised over a number of years on their national health insurance scheme.
Scott Mackenzie Scott Mackenzie joined TAL in April 2014 following an extensive career in financial services in the United States, Latin America and Canada. Scott was most recently CEO and founder of a risk consulting practice based in Atlanta, US, where he lived and practiced before taking up the role at TAL. Previous to this he worked for 16 years in a variety of senior executive roles for ING in the US, including as Chief Risk Officer and Chief Financial Officer for ING Latin America, and for ING Americas as Head of Corporate Planning and Secretariat as well as in a life product management senior leadership role. Prior to joining ING, Scott was a consulting actuary with Milliman in the US.
Kieran McKenna Kieran McKenna is Chief Risk Officer at Cuscal, where he is responsible for all risk management functions and enhancing Cuscal's risk management culture and capability across the business. He is the Cuscal-appointed Director on the Board of CUFSS Limited. Kieran has more than 25 years' experience in financial services and risk management. Prior to joining Cuscal, Kieran was General Manager of Business Risk for the Retail Division of the Commonwealth Bank. He has also held general management roles in risk at Westpac, St George and the Australian Securities Exchange. Kieran has worked on various government advisory boards, including ComCover.
Jim Minto Jim Minto was appointed Group Chief Executive Officer and Managing Director of TAL in 2006. In June 2013, he was also appointed as Executive Officer of Dai-ichi Life. While he remains based in Australia, he has responsibilities within the wider Dai-ichi Life group. Prior to his current role he was Group Managing Director of TOWER Limited, overseeing the trans-Tasman TOWER Limited businesses. A Chartered Accountant, Jim is currently Chair of the Association of Superannuation Funds of Australia and was a panel member of the Australian Government’s Review of Natural Disasters Insurance in 2011.
Damien Mu Damien Mu is Chief Executive Officer at AIA Australia and has more than 17 years’ experience in the Australian financial services industry, with management experience spanning operations, claims and underwriting, superannuation, investments, distribution, product, pricing and marketing. Prior to joining AIA Australia, Damien held various roles at Superpartners, including Operations Manager for Australian Super and National Manager of Insurance and Claims Services. He has also worked in the Retail Master Trust environment at both Colonial and Norwich Union.
Heather Navid Heather Navid is the Programme Director for the Innovation and Disruption team at TAL, where her role includes the design, implementation, launch and evaluation of pilot programmes to test new-to-market propositions. An actuary by background, she has 13 years' experience across the life insurance and wealth management industries in both Australia and the UK. She has held roles in capital management, valuation, strategy, pensions and project management working for Resolution Ltd, AMP and CommInsure prior to joining TAL. She has also recently completed post-graduate studies in NeuroLeadership.
Barbara Norman Barbara Norman is the Foundation Chair of Urban and Regional Planning in the Faculty of Business, Government and Law, University of Canberra. Professor Norman is Director of Canberra Urban and Regional Futures (CURF) and an Adjunct Professor with the Australian National University. Chair of the ACT Climate Change Council and Deputy Chair of Regional Development Australia (ACT), Barbara is a Life Fellow and past president of the Planning Institute of Australia and Life Honorary Fellow of the Royal Town Planning Institute (UK). Her research interests include urban and regional planning, sustainable coastal planning, climate change adaptation and urban governance and she was awarded an Australian Centenary Medal for her contribution to the community through urban and regional planning.
Conor ODowd Conor O'Dowd is Chief Risk Officer at Genworth Australia. Conor has over 25 years of risk management and actuarial experience across the banking and insurance industries, having had leadership roles in the development of risk and performance analytics and models. Before joining Genworth, Conor was a partner of PricewaterhouseCoopers in Sydney. Since retiring from PwC in 2011, Conor has consulted on Basel III risk and regulatory transformation in Australia and the UK. Earlier in his career, Conor worked with William M. Mercer in Sydney and Dublin where he focused on general insurance and superannuation.
Tim Spicer Tim Spicer is the Actuarial Leader at Genworth Australia. Since joining Genworth in 2011, Tim has built a multiple state transition model of insurance risk that includes key economic indicators as predictive variables. The model has been used extensively within the business for multi-year planning, ICAAP and economic capital calculations, reinsurer and lender scenarios (and reinsurance programme decisions), regulator scenarios, benchmarking and cross-checking insurance liability advice and pricing. Tim was previously a Director at Ernst & Young for five years where he held a number of Appointed Actuary and EPR roles, and prior to that spent two years at Taylor Fry Consulting Actuaries.
Mike Thornton Mike Thornton is the Group Chief Risk Officer at AMP, and has over 20 years' experience in life insurance and wealth management. Mike held a number of senior finance roles in the UK, before migrating to Australia in 2000 to join AXA Asia Pacific in Melbourne, where he was Group Chief Actuary and Group Chief Risk Officer and successfully steered the AXA Asia Pacific Group through the global financial crisis.
Dean Saunders Dean Saunders has been the Head of Strategy in Westpac Group Risk since 2010, with responsibility for risk strategy and risk appetite. Dean is also the Treasurer of Great Community Transport. Dean's other roles in the Westpac Group have included various roles in Westpac and St.George, with a focus on credit risk analytics, portfolio management, risk appetite, strategy and governance. Dean has previously worked at ANZ and the Reserve Bank of Australia.
Jeremy Waite Jeremy Waite is the Head of Analytics ANZ at JLT Re. A Fellow of the Institute of Actuaries (UK), a Fellow of the Institute of Actuaries of Australia and a Member of the American Academy of Actuaries. He is an Associate of the Chartered Insurance Institute, and a Chartered Insurance Practitioner. He has an MBA from Henley (UK) and over twenty years’ industry experience in Reinsurance Underwriting and Reinsurance Broking, both in the UK and Australia. Jeremy was previously the Chief Pricing Actuary for Amlin and developed many bespoke pricing and risk analysis tools.
Andy White Andy White is the Group Head of Capital Modelling for QBE having worked in actuarial and risk roles within their European, Asia Pacific and Australian divisions. Andy has been heavily involved with the development of QBE's ICAAP and the development and use of capital and risk models in capital management, reinsurance optimisation, risk appetite and profile reporting and input to underwriting and reserving processes.
Richard Willis Richard Willis joined Challenger in November 2003 and in January 2011 was appointed to the role of Chief Risk Officer, with overall executive responsibility for the Risk Division and Challenger’s Enterprise Risk Management. He chairs the Executive Risk Management and Life Asset and Liability Committees. Prior to taking on his current role Mr Willis was Head of Risk and Treasury where he was responsible for overseeing Challenger's treasury and risk functions.
Antonio Ybarra Antonio Ybarra was appointed as CRO at Bupa Australia and New Zealand in May 2014 and was previously the CRO at Bupa’s Global Market unit. Antonio has held a number of senior risk positions with British Gas Insurance, Royal and Sun Alliance Group (RSA), Partnership Life Assurance and Europ-Assistance in the UK, gaining experience across Medical, General and Life insurance. Throughout his career Antonio has been involved in the implementation of ERM frameworks across multiple jurisdictions and lately has been focused on the implementation of Solvency II standards globally.
General Insurance Risk Appetite Working Party

The purpose of the General Insurance Risk Appetite Working Party is to review the state of the art with respect or risk appetite for financial institutions, and provide practical advice to general insurance practitioners (both within the Actuarial profession and outside it) on the application and implementation to general insurers.
Life Insurance Risk Appetite Working Party

The role of the Working Party is to provide thought‑leadership and direction to risk professionals and management who work or have an interest in the Life Insurance Industry. The focus is on developing and/or promoting good practice in the area of risk appetite, particularly in relation to meeting the requirements of Prudential Standard CPS 220 Risk Management (which becomes effective 1 January 2015). To achieve this, the Working Party have been developing a body of knowledge and apply industry thought leadership to its application to life insurance.