Master Class: Sustainable Value Creation and Key-Performance Indicators in Banking with Special Attention to Advanced Fund Transfer Pricing
In this lecture/discussion we review key-performance indicators leading to sustainable value creation in banking. Special attention is paid to advanced fund transfer pricing with a discussion of ultra-low interest rate environment, liquidity costs, undefined maturity, asset credit-risk and bank’s funding cost adjustments.
ORADOR: JEAN DERMINE (firstname.lastname@example.org)
Dr Jean Dermine is Professor of Banking and Finance at INSEAD and founder of the INSEAD Strategic Management in Banking and Risk Management in Banking senior executive programs.
Author of numerous articles on Value Creation and Risk Control (ALM) and the Theory of Banking, Jean Dermine has published five books, including Bank Valuation and Value-based Management (deposit and loan pricing, performance evaluation and risk management), McGraw-Hill, NY, 2nd edition, 2015 (with translation in Chinese and Portuguese-Brazil).
He is co-author of ALCO Challenge, a computer-based training simulation used in Europe, Africa, the Americas, Asia, and Australasia.
His work has been profiled in the international press, such as The Economist, Financial Times, New York Times or Wall Street Journal.
As a consultant or director of training programmes, he worked with international banks, auditing and consulting firms, Microsoft, national central banks, European Central Bank, European Commission, European Banking Authority, Bank for International Settlements, HM Treasury, the OECD, the World Bank, and the Mentor Forum for the US Supreme Court and the European Court of Justice.
Jean Dermine is the founder of the INSEAD Centre for International Financial Services. His current research deals with long-term value creation and risk control, Fintech and digital disruption, asset & liability management (ALM), bank valuation, Final Basel III (Basle 4), advanced fund transfer pricing, credit risk and current expected credit loss provisioning, pitfalls inherent in RAROC-type methodologies, EU-wide bank stress test and sovereign bond-backed securities (SBBS).
Jean Dermine has been Visiting Professor at the Wharton School of the University of Pennsylvania, at the Universities of Lausanne, Louvain and Luxembourg, and at CESAG in Dakar. He was a Salomon Center Visiting Fellow at New York University and a Danielsson Foundation Guest Professor of Bank Management at the Göteborg and Stockholm Schools of Economics.