NRS2025

“The greatest danger in times of turbulence is not the turbulence—it is to act with yesterday’s logic.” – Peter Drucker

Readiness is more than a checklist to be ticked off and forgotten—it is a discipline of pre-emptive thinking and a shift in how we learn, decide, and act together. In a world where predictability is rare, the real challenge lies not in anticipating every disruption, but in strengthening our collective capacity to respond swiftly and effectively when the unexpected occurs.

The National Resolution Symposium (NRS) 2025 is where that capacity takes shape. Under the theme “Precaution Over Reaction: Harvesting Readiness in an Uncertain World”, it will gather industry leaders, regulators, resolution authorities, and academics to tackle the sector’s evolving challenges—amid policy shifts, technological change, and deepening interconnectedness. Through immersive simulations and frank dialogue, NRS 2025 will test assumptions, sharpen strategies, and advance the next chapter of financial system resilience—together.

“The greatest danger in times of turbulence is not the turbulence—it is to act with yesterday’s logic.” – Peter Drucker

Readiness is more than a checklist to be ticked off and forgotten—it is a discipline of pre-emptive thinking and a shift in how we learn, decide, and act together. In a world where predictability is rare, the real challenge lies not in anticipating every disruption, but in strengthening our collective capacity to respond swiftly and effectively when the unexpected occurs.

The National Resolution Symposium (NRS) 2025 is where that capacity takes shape. Under the theme “Precaution Over Reaction: Harvesting Readiness in an Uncertain World”, it will gather industry leaders, regulators, resolution authorities, and academics to tackle the sector’s evolving challenges—amid policy shifts, technological change, and deepening interconnectedness. Through immersive simulations and frank dialogue, NRS 2025 will test assumptions, sharpen strategies, and advance the next chapter of financial system resilience—together.

Programme

Tuesday

26 August 2025

Wednesday

27 August 2025

8:00 – 8:45

Registration and Networking

Venue: Foyer

 

8:45 – 9:00

Safety Briefing, National Anthem and Doa Recitation

Venue: Grand Nexus Ballroom

 

9:00 – 10:15

Keynote Plenary

An Increasingly Uncertain World

In an increasingly unpredictable policy environment, forecasting and planning become more complex. This session will explore the challenges that lie ahead for the global economy and financial system in a highly interconnected world. Panellists will discuss the most pressing threats to our members’ operating environment.

Venue: Grand Nexus Ballroom

Speakers

Tan Sri Shahril Ridza Ridzuan

Chairman, Standard Chartered Malaysia and Axiata Group

Mr. Michael Hsu

Former Acting Comptroller of the Currency, Office of Comptroller of the Currency

Dr. Joe Cherian

CEO, President, Dean and Distinguished Professor, Asia School of Business

Moderator

Datuk Jessica Chew

Technical Adviser,
Bank Negara Malaysia

10:15 – 10:30

Networking Break

10:30 – 11:30

Panel Session 2

Resolution Planning in the Era of Deregulation

Deregulation lowers barriers to entry, foster competition and innovation, but also heightens risks within the financial system—making it even more crucial to strengthen exit mechanisms. This session will discuss strategies for robust resolution planning, ensuring financial institutions can be wound down in an orderly manner, and preventing systemic disruptions.

Venue: Grand Nexus Ballroom

Speakers

Dr. Elke König

Former Chair, Single Resolution Board | Senior Policy Fellow, SAFE, Frankfurt

Mr. Geoff Davies

Director, Resolution Directorate, Bank of England

Mr. Maciej Szczęsny

President of the Management Board, Bank Guarantee Fund (Poland)

Moderator

Ms. Afiza Abdullah

Executive Vice President, Perbadanan Insurans Deposit Malaysia

11:30 – 11:40 

Opening Ceremony

Welcoming Remarks

Venue: Grand Nexus Ballroom

Speaker

Mr. Rafiz Azuan Abdullah

Chief Executive Officer, Perbadanan Insurans Deposit Malaysia

11:40 – 12:15

Opening Ceremony

Keynote Address

Venue: Grand Nexus Ballroom

Speaker

YB Senator Datuk Seri Amir Hamzah Azizan

Finance Minister II, Ministry of Finance

12:15 – 14:00
Luncheon Talk

Into the Depths – Managing Crisis and Uncertainty in the Thai Cave Rescue

Venue: Grand Nexus Ballroom and Foyer

Speaker

Mr. Ivan Karadzic

2018 Tham Luang Cave Rescuer | Technical Diving Expert

Moderator

Ms. Nor Ariena Mohd Ritzal

Head, Crisis Management Department, Perbadanan Insurans Deposit Malaysia

14:00 – 15:05

(Parallel sessions)

Insurance Masterclass

Navigating Uncertainty – What Threatens Insurers?

Insurers navigate a complex risk landscape where financial stability depends on effective risk management, prudent reserving, and strategic pricing. This session will explore key challenges facing insurers today—including rising costs and environmental volatility—and examine strategies to mitigate these risks.

Venue: Grand Nexus Ballroom

Speakers

Mr. Kugenthiran Raveenthiran

Director, Actuarial Services, KPMG Malaysia

Ms. Sophia Ch’ng

Independent Non-Executive Director, Cagamas Berhad and Syarikat Takaful Malaysia Keluarga Berhad

Mr. Yen Chin

Vice President, Lead Property Solutions APAC, Swiss Re Asia Pte. Ltd.

Moderator

Mr. Mark O’Dell

Chief Executive Officer, Life Insurance Association of Malaysia (LIAM)

Industry Dialogue

Member Banks (by invitation only)

Venue: Auditorium

15:05 – 15:20

Networking Break

15:20 – 16:25

(Parallel sessions)

Bank Masterclass

The Art of the Deal – What Makes or Breaks a Bank Transaction?

The sale of a bank under normal operations differs significantly from one under resolution. This session draws on practical insights to examine the strategic, operational, and regulatory complexities in navigating such intricate transactions in both contexts.

Venue: Grand Nexus Ballroom

Speakers

Mr. Alessandro Santoni

Former Head of Crisis Management  and Current Head of Onsite Inspection, European Central Bank

Ms. Diana Mansor

Senior Executive Director, Strategy & Transaction, Ernst & Young PLT

Mr. Geoff Davies

Director, Resolution Directorate, Bank of England

Ms. Sue Yen Woo

Director, Deal Strategy & Operations, PwC Malaysia

Moderator

Ms. Nor Ariena Mohd Ritzal

Head, Crisis Management Department, Perbadanan Insurans Deposit Malaysia

Industry Dialogue

Insurer Members (by invitation only)

Venue: Auditorium

16:25 – 17:35
Roundtable

ASEAN Deposit Insurers and Resolution Authorities Roundtable (by invitation only)

Venue: Continuum and Reflexion

8:00 – 9:00

Registration and Networking

Venue: Foyer

9:00 – 9:55

Panel Session 3

Failures are Rare – But Can We Afford One?

This session explores extensive research demonstrating the harmful and far-reaching consequences of failures of financial institutions, even when they are not systemic, in an increasingly interconnected world.

Venue: Grand Nexus Ballroom

Speakers

Dr. Karsten Mueller

Assistant Professor of Finance, National University of Singapore

Ms. Ruth Walters

Senior Advisor, Financial Stability Institute (FSI), Bank for International Settlements

Moderator

Ms. Amanda Chong

Deputy Director, Monetary Policy Department, Bank Negara Malaysia

9:55 – 10:10

Networking Break

10:10 – 11:20

Panel Session 4

Perils of Technology – Dependency, Concentration Risks, and the Erosion of Expertise

Advancements in technology, including AI, are transforming financial services, through predictive modelling, automation, and advanced analytics. Yet, their growing reliance brings new vulnerabilities—over-reliance on a few major providers, ethical concerns, and the erosion of human expertise in critical decision-making. This session will explore the trade-offs between efficiency and dependency, network effects and concentration risks, and the long-term risks to human oversight and judgement.

Venue: Grand Nexus Ballroom

Speakers

Dr. Alexander Eng

Associate Professor of Organizational Behavior, Asia School of Business

Mr. Gaurav Keerthi

Chief Executive Officer, StrongKeep

Ms. Maha El Dimachki

Centre Head, Bank for International Settlements Innovation Hub Singapore

Mr. Sam Majid

Head, National Artificial Intelligence Office (NAIO), Malaysia

Moderator

Mr. Jarratt Ma

Head, Macro Surveillance Department, Perbadanan Insurans Deposit Malaysia

11:20 – 12:15

Panel Session 5

Communication in Crisis – To Be or Not to Be More Transparent

In times of crisis, transparency can be a double-edged sword—too much can fuel panic, while too little erodes trust. How do organisations strike the right balance? Speakers will navigate the complexities of crisis communication and share perspectives on whether greater transparency or more strategic messaging is key to maintaining stability and stakeholder confidence. This session aims to deepen understanding of crisis management fundamentals—preparation, communication, and execution.

Venue: Grand Nexus Ballroom

Speakers

Mr. Mohd Fuad Sharuji

Former Crisis Director, Malaysia Airlines | CEO, Impeccable Vintage Properties (IVP)

Mr. Ibrahim Sani

Chief Executive Officer, Yayasan Peneraju

Moderator

Mr. Imran Yassin

Director / Head of Research, MBSB Investment Bank

12:15 – 12:30

Closing Address

Venue: Grand Nexus Ballroom

Speaker

Mr. Rafiz Azuan Abdullah

Chief Executive Officer, Perbadanan Insurans Deposit Malaysia

12:30 – 14:00

Lunch

Venue: Nexus 3 and Foyer

14:00 – 15:45

(Parallel sessions)

The Muzakarah (intellectual discourse) on Failure Resolution of Islamic Financial Institutions serves as a platform for discussing and deliberating the development of Shariah-compliant resolution approaches. Organised to identify and address the challenges in ensuring the orderly resolution of Islamic banks, the Muzakarah brings together members of the financial industry’s Shariah fraternity for thoughtful exchange and collaboration.

Doa Recitation and Welcoming Remarks

Transferability of Investment Accounts

Investment account is a distinctive product within Islamic banking, designed to be in alignment with Shariah principles. Despite its growing significance, discourse surrounding the transferability of investment accounts between Islamic banks remains limited, including from a Shariah standpoint. This session aims to critically assess the current structure and features of investment accounts in Malaysia’s Islamic banking landscape, explore the feasibility of transfers, and examine potential Shariah-compliant mechanisms to facilitate such transfers.

Venue: Grand Nexus Ballroom

In collaboration with 

Welcoming Remarks

Mr. Rafiz Azuan Abdullah

Chief Executive Officer, Perbadanan Insurans Deposit Malaysia

Speakers

Dr. Ahcene Lahsasna

Chief Executive Officer, SALIHIN Shariah Advisory

Dr. Mohammad Mahbubi Ali

Assistant Professor, IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia

Moderator

Khairun Najmi Saripudin

Senior Researcher, International Shari’ah Research Academy for Islamic Finance (ISRA) Institute, INCEIF University

ROUNDTABLE

Professional Services Firms Roundtable (by invitation only)

Venue: Spectrum and Prism

15:45 – 17:30

Resolution of Investment Accounts in Failure of an Islamic Bank

The resolution of Islamic banks requires a distinct approach to ensure alignment with Shariah requirements. This includes specific considerations related to the treatment of investment accounts during resolution. This session will focus on assessing the transferability of investment accounts and examining Shariah-compliant mechanisms to facilitate their transfer in the event of an Islamic bank’s failure.

Closing Remarks

Venue: Grand Nexus Ballroom

In collaboration with 

Speakers

Dr. Marjan Muhammad

Deputy President Research, ISRA Institute, INCEIF University

Prof. Datin Dr. Rusni Hassan

Dean, IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia

Moderator

Mr. Mohamad Hud Saleh Huddin

Senior Manager, Shariah, Perbadanan Insurans Deposit Malaysia

Speakers

Meet our esteemed speakers. Click on their pictures below to find out more about them.

YB Senator Datuk Seri Amir Hamzah Azizan

Finance Minister II,
Ministry of Finance

Mr. Rafiz Azuan Abdullah

Chief Executive Officer, Perbadanan Insurans Deposit Malaysia

Datuk Jessica Chew

Technical Adviser,
Bank Negara Malaysia

Tan Sri Shahril Ridza Ridzuan

Chairman, Standard Chartered Malaysia and Axiata Group

Mr. Michael Hsu

Former Acting Comptroller of the Currency, Office of Comptroller of the Currency

Dr. Joe Cherian

CEO, President, Dean and Distinguished Professor,
Asia School of Business

Ms. Afiza Abdullah

Executive Vice President, Perbadanan Insurans Deposit Malaysia

Dr. Elke König

Former Chair, Single
Resolution Board | Senior Policy
Fellow, SAFE, Frankfurt

Mr. Maciej Szczęsny

President of the
Management Board,
Bank Guarantee Fund, Poland

Mr. Geoff Davies

Director,
Resolution Directorate,
Bank of England

Mr. Alessandro Santoni

Former Head of Crisis
Management and Current
Head of Onsite Inspection,
European Central Bank

Dr. Alexander Eng

Associate Professor 
of Organizational Behavior,
Asia School of Business

Ms. Amanda Chong

Deputy Director,
Monetary Policy Department,
Bank Negara Malaysia

Ms. Diana Mansor

Senior Executive Director,
Strategy & Transaction,
Ernst & Young PLT

Mr. Ibrahim Sani

Chief Executive Officer,
Yayasan Peneraju

Mr. Gaurav Keerthi

Chief Executive Officer,
StrongKeep

Mr. Imran Yassin

Director / Head of Research, MBSB Investment Bank

Mr. Ivan Karadzic

2018 Tham Luang Cave
Rescuer | Technical
Diving Expert

Mr. Jarratt Ma

Head, Macro Surveillance
Department, Perbadanan
Insurans Deposit Malaysia

Dr. Karsten Mueller

Assistant Professor of Finance, National University of Singapore

Mr. Kugenthiran Raveenthiran

Director, Actuarial Services,
KPMG Malaysia

Ms. Maha El Dimachki

Centre Head, Bank for International Settlements Innovation Hub Singapore

Mr. Mark O'dell

Chief Executive Officer,
Life Insurance Association of Malaysia (LIAM)

Mr. Mohd Fuad Sharuji

Former Crisis Director,
Malaysia Airlines |
CEO, Impeccable Vintage Properties (IVP)

Ms. Nor Ariena Mohd Ritzal

Head, Crisis Management Department, Perbadanan Insurans Deposit Malaysia

Ms. Ruth Walters

Senior Advisor, Financial Stability Institute (FSI), Bank for International Settlements

Mr. Sam Majid

Head, National Artificial Intelligence Office (NAIO), Malaysia

Ms. Sophia Ch’ng

Independent Non-Executive
Director, Cagamas Berhad and
Syarikat Takaful Malaysia
Keluarga Berhad

Ms. Sue Yen Woo

Director,
Deal Strategy & Operations,
PwC Malaysia

Mr. Yen Chin

Vice President,
Lead Property Solutions
APAC, Swiss Re Asia Pte. Ltd.

Dr. Marjan Muhammad

Deputy President Research, ISRA Institute, INCEIF University

Mr. Mohamad Hud Saleh Huddin

Senior Manager, Shariah, Perbadanan Insurans Deposit Malaysia

Prof. Datin Dr. Rusni Hassan

Dean, IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia

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