Media Advisory

FOR IMMEDIATE RELEASE

Hood Risk Mitigation Summit Agenda Finalized

August 4, 2008, Alexandria, Va. – Vice Chairman Rodney Hood announced the agenda for his second “Risk Mitigation Summit,” to be held Thursday, August 7, 2008, at the Federal Reserve Bank in Chicago, Ill. 

The agenda is as follows:

8:45 a.m.	Welcoming Remarks: Vice Chairman Rodney Hood
9:00 a.m.	“Enterprise Risk Management: Trends, Tools, and Turbulence – A Practitioner’s Perspective” Nate Wuerffel, VP – Operational Risk Management & Business Continuity, Federal Reserve Bank of New York
9:45 a.m.	“Value Creation Through Dynamic Strategic Management” Leo M. Tilman, President, L.M.Tilman & Co.; Adjunct Faculty, Columbia University
10:45 a.m.	“Reputation Risk”  John Bryant; Founder, Chairman, & CEO, Operation Hope Inc.
11:45 a.m.	Luncheon/CDFI Address – “Capital for Credit Unions Serving              Distressed Community” Donna Gambrell; Director, CDFI Fund
1:00 p.m.	“ERM – A Challenging and Rewarding Journey” Christopher Copeland; Director – Corporate Risk Management, CUNA Mutual Group
1:45 p.m.	“Credit Union National Risk Trends” John Kutchey; Director – Division of Risk Management, NCUA Office of Examination and Insurance
2:30 p.m.	Closing

“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,” noted Vice Chairman Hood. “The program promises to be very substantive, very interactive, and I am confident very productive as both the NCUA and the credit union industry work to stay ahead of the curve on the important issues surrounding risk mitigation. 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.” 

The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates the National Credit Union Share Insurance Fund, insuring the savings of nearly 87 million account holders in all federal credit unions and many state-chartered credit unions.

 

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