22 May 2025
We invite teams from traditional banks, digital banks, regulators, and fintech firms across Asia to participate in the region’s first risk games for bankers.
As the global banking and finance sector faces unprecedented disruption, geopolitical shifts, volatile interest rates, dynamic capital flows, and evolving regulations are reshaping the competitive landscape. Coupled with unexpected economic crises and Black Swan events, domestic competition is intensifying. To succeed, banks need more than resilience—they need sharp, adaptable strategies.
The Banking Olympiad 2025 offers a gamified platform to test these strategies. Participants will engage in real- world scenarios driven by global forces, demanding quick thinking, decisive action, and strategic agility.
Set on a global stage, the Olympiad brings together top banking professionals, digital strategists, and fintech innovators for intense, scenario-based competitions and learning sessions focused on risk assessment, capital allocation, crisis management, and regulatory compliance.
Develop advanced risk management and balance sheet skills through practical scenarios.
Test real-world scenarios expected in 2025–2026.
Learn from regulators, economists, and industry thought leaders.
Network with like-minded peers for ongoing dialogue.
Elevate your expertise and become a leading voice in banking.
Hands-on skill-building and practical learning
Immersive scenario simulations
Competitive benchmarking
Networking and collaboration opportunities
Changing economic and market scenarios
Global geopolitics
Risk and regulation
Business cost and profitability
Customer and shareholder interests
Teamwork and organisational structure
Faculty member will conduct a briefing at the end of April to outline what participants can expect on the day of the event. The session will be recorded, uploaded to the website and shared with registered attendees before the event, allowing them to review and prepare in advance.
An expert panel will discuss the macroeconomic forecast for the region amid significant volatility in international markets. The focus will be on sustaining and improving profitability and liquidity during the challenging months ahead. This session will set the stage for the programme, helping teams understand the environment in which their banks are operating.
Some introductions and initial feedback may have already been shared in chat groups following earlier rounds of competition.
In this first session, a rapid escalation of geopolitical tensions in a major region causes fluctuations in interest rates and volatility in lending and savings volumes on the balance sheet. Teams must assess how these changes impact overall asset quality and funding stability, adjusting strategies to manage these balance sheet shifts effectively. Understanding how these changes affect international trade, investment flows, and regional markets is critical for ensuring stability.
Through participating in this first session, participants will:
In this second session, we will discuss the concept of enterprise risk in a volatile interest and exchange rate regime and also in an environment where digitisation presents a new risk regime that needs to be managed. How should banks view their overall risk regime and how should they set out to safeguard themselves.
Rustarti Suri Pertiwi
Chief Financial Officer, PT Bank Raya Indonesia Tbk
Jemy K. Soegiarto
SEVP, Head of Risk Analytics and Infrastructure, PT. Bank CIMB Niaga, Tbk
We will conduct a review of the first session and rank the teams by their competitive position against each other. The three top winning teams will then be invited to provide a 10-minute briefing of the thinking behind the positions they each took. From their presentations, the adjudicators will vote to identify the best presentation.
In this second scenario, an unexpected shift in global interest rates causes FIs to scramble. Teams are required to reassess their balance sheet, liquidity, funding and pricing strategies. They must navigate the challenges of existing loans, funding costs, and market expectations.
Fluctuating interest rates can drastically alter the financial landscape, impacting lending, investment, and overall economic stability. Banking professionals must develop strategies to effectively manage interest rate risks while optimizing profitability.
Through participating in this second session, participants will:
In this second discussion, our panel from different parts of a bank will discuss elements of operational risks in a digital world that shows up on the balance sheet, especially as banks migrate more of their assets and relationships into the cloud.
We will discuss the rankings from the second session of the competition. The judge will first explain how the results were derived, followed by questions and discussions on the theme. Then the top three winners will be invited to make presentations of no more than 10 minutes each on the rationale for their respective decisions and followed by a discussion on them. The adjudicators will then vote for the best presenters which will contribute to their standing for the final awards.
The participants are welcome to join the rest of the Summit in their end of day keynote session which will look at global themes shaping the industry.
The opening session speaker will provide a concise overview of the key discussions and highlights from the previous day and outline the agenda for the day ahead. This briefing session is designed to ensure that all delegates have a clear understanding of the day's proceedings and objectives.
The flow of capital across borders is constantly evolving, influenced by economic conditions, investor sentiment, and regulatory changes. Understanding these dynamics is crucial for leveraging opportunities and managing associated risks.
This scenario presents a spike of capital inflows into a specific market, driving teams to analyse how to leverage this influx for growth while addressing potential volatility and regulatory scrutiny.
Through participating in this second session, participants will:
This panel will discuss the pertinent issues that banks have with regulators today and how to navigate them. Also, the extent to which RegTech software are helpful in managing regulatory requirements. The panel comprises Director of Risk and Compliance and Heads of Treasury and Asset Management
We will conduct a review of the third session and rank the teams by their competitive position against each other. The three top winning teams will then be invited to provide a 10-minute briefing of the thinking behind the positions they each took. From their presentations, the adjudicators will vote to identify the best presentation.
Economic crises and unpredictable Black Swan events can disrupt markets and challenge the resilience of financial institutions. Professionals must be prepared to respond swiftly and effectively to safeguard their organisations.
In this last scenario, participants are tasked with navigating a simulated economic crisis triggered by an unforeseen event (e.g., a major natural disaster or financial scandal) that impacts global markets and their “simulated” bank. Teams must develop a comprehensive response plan addressing immediate operational challenges and long-term recovery strategies.
Through participating in this second session, participants will:
We will discuss the rankings from all the sessions of the competition. The judge will explain the fourth and final analysis, followed by questions and discussions on the themes. Then the top three winners will be invited to make presentations of no more than 10 minutes each on the rationale for their respective decisions and followed by a discussion on them. The adjudicators will then vote for the best presenters which will contribute to their standing for the final awards.
Participants and delegates will join the closing keynote of the The Asian Banker Summit.
Professionals from departments like risk management, treasury, trading, and product management.
Teams from digital banks, P2P lending platforms, or fintech firms keen on training employees in a competitive setting.
Regulatory staff seeking to enhance skills and gain insights.
A comprehensive virtual briefing will be facilitated by a distinguished faculty member to provide in-depth guidance regarding the procedural protocols and recommended practices associated with the risk game.
The actual competition will take place on 22 May 2025 at The Asian Banker Summit 2025, held at The Ritz-Carlton, Jakarta, Indonesia.
Teams must have 4 to 6 members, including one adjudicator (a member who reviews instructions, monitors compliance, and votes on disputes).
Participation in The Risk Olympiad, scheduled for 22 May in Jakarta, Indonesia, shall be provided at no cost to all domestic bankers and financial professionals. Conversely, international banking and financial services professionals will be assessed a mandatory registration fee of no less than US$1,999 for event participation.
Each team must have at least three members actively involved in decision-making, with one member serving as a referee for other teams.
Teams can be from the same or different institutions, but must represent financial entities (banks, stock markets, fund managers, insurance companies, regulators, or related entities).
Register using an avatar name for anonymity, but provide a work email
Teams will be identified by avatar names during the competition.
By registering, participants agree that team member names and institutions will be disclosed if they win a top prize or individual award.
The programme will be curated by a panel of industry experts, who will evaluate submissions and guide the discussions.
Email & Phone No.
Venue Location
Professor of Finance, Frank G. Zarb School of Business, Hofstra University, New York
Anoop Rai is a Professor of Finance at the Frank G. Zarb School of Business at Hofstra University, New York, where he teaches corporate finance, international finance, and risk management. He is a partner at ProBanker Simulations, which develops training simulations for universities and corporate programs. With over 20 years of experience using simulations as a teaching tool, his research focuses on international finance, banking, and global regulation, with publications in major financial journals. Prof. Rai is Associate Editor of the Journal of Multinational Financial Management and co-author of two textbooks: Principles of Banking and Basics of International Business. He has lectured at several universities and conducted training seminars for financial institutions across Europe, Asia, and the Middle East.
Founder, TAB Global
Internationally renowned banking industry expert Emmanuel Daniel designed this programme for leaders entrusted with defining new frontiers in banking and responding to new technologies as they evolve. He is the author of "The Great Transition – The Personalization of Finance is Here" and the founder of TAB Global, which includes The Asian Banker, The Banking Academy, and TAB Insights amongst others. Emmanuel also advises leading banks in Asia and serves on government committees focused on the future of finance.
Faculty Expert, Advanced Risk Management & Regulatory Strategy
Axel Winter is a highly experienced technology leader with strong hands-on experiences in the banking, retail and start-up worlds. He was previously Global Head of Enterprise Architecture & Technology Strategy for Standard Chartered Bank and had similar roles at GE Money and Cisco Systems. He is currently the Chief Digital Officer for a luxury mall operator and advises start-ups in asset tokenization and eCommerce. His expertise in technology infrastructure for banks and large businesses makes him a valuable contributor.
Chairman, The Banking Academy
Urs Bolt is a seasoned professional with over 35 years of experience in financial services, specialising in digital banking and wealth management. He is a global influencer and thought leader in fintech, wealthtech, digital wealth management, and digital assets. Bolt has a proven track record in developing digital platforms and leading strategic initiatives, including creating a B2B social business platform for wealth managers, digital investment platforms, prime services for high-net-worth clients, post-trade services for FX/OTC products, and business transformation projects. He helps financial service providers and tech companies refine business strategies, develop solutions, and build partnerships.
SVP Head of Enterprise Risk & Infrastructure, CIMB Thai Bank
Nongnuch has 20 years of experience in modelling, data management, and portfolio analytics. She was Head of Financial System Policy Development at Thailand's Ministry of Finance before moving to the UK as a university lecturer and Program Director of MSc Risk and Finance.
After 12 years in the UK, she returned to Thailand to join Krungthai Bank as SVP Corporate Strategy and later became Head of Credit Risk Modelling & Analytics. She also served as a visiting academic for School of Electronics and Computer Science at the University of Southampton (UK).
Currently, she is SVP Head of Enterprise Risk and Infrastructure at CIMB Thai Bank, overseeing credit risk modelling, data management, system implementation, climate risk management, and monitoring risk appetite.
Since 2007, Nongnuch has received multiple national and international research grants and published around 20 articles on Banking, Investment, Sustainability, Risk Modelling, and Machine Learning. Her recent paper, 'ESG Risk Exposures of Mutual Funds,' will be published in the Journal of Asset Management.
Chief Financial Officer, PT Bank Raya Indonesia Tbk
Rustarti Suri Pertiwi is a financial professional with over 15 years of experience in the banking industry with expertise in asset & liabilities management, financial management, and investor relations. Since May 2023, she has been serving as the Chief Financial Officer at PT Bank Raya Indonesia Tbk, where she oversees the organization's financial operations and corporate strategy to drive sustainable growth and profitability.
Prior to her current role, she was the Division Head of Investor Relations at PT Bank Rakyat Indonesia (Persero) Tbk. In this capacity, she led numerous initiatives to enhance shareholder value and effectively communicated the bank's strategic vision to the investor community. She holds a Master of Business Administration (MBA) from Monash University, Australia, and also completed executive education in Leading Change and Organizational Renewal from Harvard Business School in 2023.
SEVP, Head of Risk Analytics, Infrastructure and Sharia
PT Bank CIMB Niaga Tbk
Jemy K. Soegiarto is a financial professional with over 25 years of experience in the banking industry with expertise in risk management. Since March 2024, he has been serving as the Senior EVP, Head of Risk Analytics, Infrastructure and Sharia at PT Bank CIMB Niaga Tbk, overseeing wholesale credit portfolio monitoring, credit risk modelling, data management, system implementation, climate risk, and integrate/enterprise risk management.
Prior to his current role, he was the Executive Director, Head of Risk Management at PT Bank UOB Indonesia. In this capacity, he instrumented the implementation of risk management frameworks and governance to provide the Board and Senior Management an independent assessment of Bank’s risk profile. He is a Certified Financial Risk Manager (FRM) from GARP.
The Association of National Banks in Indonesia (PERBANAS) was founded in May 1951 and serves as the representative body for all commercial banks incorporated in Indonesia. Its mission is to advance the national banking sector, fostering a professional banking industry that contributes to national economic development.
PERBANAS plays a vital role in facilitating communication between its member banks and key stakeholders, including the government and financial regulators such as Bank Indonesia and the Financial Services Authority (OJK). In addition to its advocacy role, PERBANAS promotes education and development within the banking sector, having established educational institutions like the PERBANAS Institute to address the need for skilled banking professionals in Indonesia.