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Training in the Era of Basel II On November 13, 2006, PT. John Clements Consultants Indonesia organized a business forum for RiskMan Andalan Partnership and Risk Management Association (RMA, Philadelphia) called Training in the Era of Basel II at the Nikko Hotel in Jakarta. The business forum was meant for sharing the important insights of John Baier, Regional Manager for Member Relations of the RMA. The opening speech was given by Andi Mohammad Hatta, the Managing Partner of RiskMan Andalan Partnership and the President Director of PT John Clements Consultants Indonesia. Banks around the world are transforming their approach to risk management by adopting the modern techniques embodied in the New Basel Capital Accord, whilst at the same time continuing to rely on the tried-and-true methods of more traditional risk management and the traditional risk management culture of independence of judgment, integrity and customer knowledge. The changes affect all aspects of risk management—credit, operations, trading and market risk-taking. Moreover, the concept of Enterprise Risk Management, which ties all of these activities together, is gaining force around the world. Bank Indonesia has brought the new thinking into national regulations and banks are currently working to develop all aspects of their risk management approaches, also in context of Bank Indonesia’s Architecture of Indonesian Banking (API). These developments emphasize the importance of training and human development for all banks. In this context, the RMA, working together with Risk Management Andalan Partnership (RiskMan) in Indonesia, is training organizations committed to assisting the banking system to build its human capital and to meet the increasing challenges in managing the bank risks. The participants to the event were bankers from Bank Niaga, Lippo Bank, Bank Central Asia, Bank Internasional Indonesia, Bank Negara Indonesia, Bank Swadesi, Bank Rakyat Indonesia, and Bank Mayapada to name a few. |
