Speakers 2020

Speakers 2020

Martin Flodén

Deputy Governor and Member of the Executive Board


Martin Flodén was appointed Deputy Governor and member of the Executive Board of the Riksbank effective in May 2013 with a term of office of five years. Flodén´s term of office has been extended with six years until May 2024. He represents the Riksbank internationally in the Basel Committee on Banking Supervision, OECD WP3, and the Bellagio Group.

Martin Flodén is a professor of economics (on leave) at Stockholm University. He has previously been a member of the Economic Council of Sweden, the Swedish Fiscal Policy Council and the Swedish Centre for Business and Policy Studies' Economic Policy Group.

Etienne Lavigne

Head, Middle Office

National Bank of Belgium

Etienne Lavigne is currently head of the Middle Office at the National Bank of Belgium and recently received the responsibilities of Chief Risk Officer in the area of the Securities Settlement System of the Central Bank of Belgium (NBB-SSS). Previously he was also Foreign exchange dealer and portfolio manager in the same institution.

Etienne is also regularly involved in technical assistance and cooperation relationship with various central banks. He has a master in Economics from the University of Namur in Belgium.

Audun Gronn

Special Advisor to the Governor

Norges Bank

Morten Kjærgaard

Departmental Head, Reserve Management and Collateral, Banking and Markets

National Bank of Denmark

Morten Kjærgaard is Head of Reserve Management and Collateral at Danmarks Nationalbank. The reserve amounts to EUR 63 billion and serves to support the fixed exchange rate policy and financial stability. Responsibilities also include managing the domestic bond portfolio and collateral pledged in relation to monetary policy lending. Prior to his current position Morten has worked in various areas including monetary policy implementation, government debt management and international relations.

Jan Schmidt

Executive Director, Risk Management

Czech National Bank

Jan Schmidt serves as the Executive Director of Czech National Bank, Risk Management and Transaction Support Department. In his role, he is primarily responsible for setting of the Bank strategic asset allocation and defining the risk profile of the Bank. That includes currency composition of reserve, asset classes, duration, credit and liquidity benchmarking and guidelines. Compliance with applicable regulation on foreign markets is part of his responsibilities. Apart from this, his department contains back office and middle office functions, SWIFT operation and is managing a portfolio of correspondent banking and custody service providers. From 1 January 2019 he is also in charge of operating the central Czech koruna interbank clearing system and operating one of two central securities depositories in Czech Republic.  

Jan Schmidt graduated from Faculty of Nuclear Sciences and Physical Engineering of the Czech Technical University in Prague in 1989. He holds MBA from London International Graduate School (US).

Cleopatra Davis

Head of Banking

Central Bank of The Bahamas

Cleopatra Davis serves as Head of Banking, Central Bank of The Bahamas. In this role, she has oversight of payments operations, foreign and domestic debt markets activities, and eSolutions.

Cleopatra serves as co-chair, for a dynamic payments modernization – digital fiat currency – strategic initiative undertaken by the Bank. She also serves on other of the Bank’s committees including the Investment Committee and Monetary Policy Committee.
She is also a member of the Alliance for Financial Inclusion (AFI), Digital Financial Services (DFS) Working Group, and a member of the DFS Gender Diversity sub-committee.

She is a Chartered Banker MBA (MCBIS), Certified Internal Auditor (CIA), Certified Financial Services Auditor (CFSA), Certification in Risk Management Assurance (CRMA) and a Certified Information Systems Auditor (CISA). She is a member of the Chartered Bankers Institute in Scotland, ISACA, and past president of The Institute of Internal Auditors (IIA) Bahamas Chapter.

Omar Zulaica

Asset Management Specialist

Bank for International Settlements

Grahame Johnson

Managing Director, Financial Markets Department (FMD)

Bank of Canada

Grahame Johnson was appointed Managing Director, Financial Markets Department (FMD), effective November 5, 2019. In this capacity, he is responsible for policy formulation and execution of the Bank of Canada’s financial market activities as they relate to monetary policy implementation, the Bank’s funds management activities and financial system liquidity. These activities—along with a range of research, analysis and policy advice related to domestic and international financial markets—contribute to the Bank’s monetary policy mandate, its fiscal agent role and its role in the promotion of financial system stability and efficiency.

Mr. Johnson joined the Bank in 2001 and has held positions as Assistant Director, Financial Risk Office; and Director and then Deputy Chief, Financial Markets Department. In 2013 he became Managing Director, Funds Management and Banking Department, and served most recently as Managing Director, Financial Stability Department. Mr. Johnson has extensive knowledge of markets, the financial system, and monetary and funds management policies. Before joining the Bank, he worked on the fixed-income trading desk of a major Canadian financial institution.

Mr. Johnson is a native of Montréal, Quebec. He has a degree in commerce from Queen’s University and holds a Chartered Financial Analyst designation.

Ricardo Martinelli

Head of Investment Division

Central Bank of Brazil

Giorgi Laliashvili

Departmental Head, Financial Markets

National Bank of Georgia

Rolf Pauli

Principal Market Operations Expert / Bond Markets and International Operations Division

European Central Bank

Rolf works as a Principal Market Operations Expert in the Bond Markets and International Operations (BMI) division of the European Central Bank (ECB). Since mid-2018 he has been involved in the ECB’s foreign reserve management, with a focus on US dollar reserves. Before that he worked in the euro area bond market section of the ECB for almost 4 years. Between 2002 and 2014 Rolf worked with De Nederlandsche Bank (DNB), most recently in DNB’s asset management team.

Hens Steehouwer

Head of Research

Ortec Finance

Hens holds an MSc in Econometrics from the Erasmus University of Rotterdam and a PhD from the Free University of Amsterdam. In his 25 years at Ortec Finance, he has held various consultancy, R&D and management positions. Hens is currently Head of Research and has an extensive track record of having worked with many institutional investors.

His book “Macroeconomic Scenarios and Reality: A Frequency Domain Approach for Analyzing Historical Time Series and Generating Scenarios for the Future” has laid the foundations on which the Economic Scenario Generator (ESG) has been built (https://www.ortecfinance.com/esg) which powers investment decision technology.

Hens is affiliated with the Econometric Institute of the Erasmus University Rotterdam, is an appreciated lecturer at various universities, and involved in various professional education programs. Hens’ research interests include Time Series and Frequency Domain Analysis, Filtering Techniques, Dynamic Factor Models, Business Cycles, Financial Cycles, Scenario Analysis and Machine Learning.

Jacek Prochniak

Analyst - Financial Risk Management Department

National Bank of Poland

Jacek Próchniak is an Expert at Risk Monitoring Division in Financial Risk Management Department at Narodowy Bank Polski. Having graduated from the Warsaw School of Economics in 2011 with a degree in Macroeconomics Jacek went on to join the NBP as an analyst. He has been responsible for economic analyses supporting strategic asset allocation as well as developing a performance attribution framework and other quantitative work related to risk management of FX reserves at the NBP.

Christoph Maron

Head of Portfolio Trading

Swiss National Bank

Dirk Broeders

Senior Risk Manager – Financial Markets Division

The Netherlands Bank

Maryam Golaraghi

Director Climate Change & Emerging Environmental Topics

The Geneva Association

Maryam Golnaraghi is the Director of Climate Change and Emerging Environmental Topics at The Geneva Association, a platform of 80+ group CEOs of the global insurance industry. Over the last 20 years in international executive and senior advisory positions in the industry, government and the United Nations, Maryam has led, drove and managed transformative multi-stakeholder climate risk initiatives with global impacts, and mobilized and aligned the private and public sectors, to scale up transitioning to a resilient low-carbon economy.  In June 2020, Maryam was named one of the most influential leaders in climate change, by InsuranceERM.

Currently, Maryam works with the c-suite & boards of the global re/insurance companies, financial institutions, governments, regulators and international standard setting bodies to: enable and scale up the integration of climate risks into core business and shape future regulatory requirements (linked to TCFD); innovate risk management practices to attract private capital for resilient low-carbon infrastructure; and build financial resilience to extreme events for people, businesses and governments.  

From 2004 to 2014, she was Chief of the Disaster Risk Reduction Program at the United Nations World Meteorological Organization (WMO).  From 1997 to 2004, Maryam was the Founder and CEO of Climate Risk Solutions Inc., the first research and advisory firm to deliver advanced climate risk analytics and risk management solutions to companies in energy, agriculture and financial sectors.

Dr. Golnaraghi serves on a number of international, governmental, industry and non-profit advisory boards.  She has authored numerous internationally referenced reports and a book. She received a Ph.D. in Physical Oceanography and a M.Sc. in Applied Physics from Harvard University, and B.Sc. in Chemical Engineering from Cornell University. She was also a Senior Research Fellow at Harvard Business School.

Anna Hyrkse

Principal Responsible Investment Specialist

Bank of Finland

Isabela R. Damaso Maia

Head of Department, Corporate Risk and Benchmarks

Banco Central do Brasil (BCB)

Isabela joined Banco Central do Brasil in 1995 at the foreign reserves’s front office. In 1997, created the first risk area at BCB and was responsible for the design and implementation of the international reserves risk framework that is in place since 2000. In 2006, still focused on financial risks, her role expanded to cover the central bank balance sheet. Since 2011, as head of corporate risk department, she leads an enterprise wide risk model implementation, providing risk data for decision making.  Some technical articles in risk management and foreign reserves management were published along this time in books and journals. She holds a BA in statistics and has a MBA in finance.