Patrick is an Advisor at the Bank for International Settlement Innovation Hub (BISIH) Singapore leading the hub‘s work on SupTech and RegTech. In his position, he manages several projects in the green finance space.
Before being seconded to the BISIH Singapore, Patrick worked for Deutsche Bundesbank for more than 15 years in various positions, most recently as a Head of Section in Banking Supervision. Together with his team, he was involved in supervising some of the largest banks in the euro area. Furthermore, Patrick spent three years with the German Federal Foreign Office to work as a Head of Section at the German Embassy in Singapore.
Patrick has been a post-doctoral Associate at the Institute for Leadership and Organization at LMU Munich School of Management for more than ten years. His research has been published in leading international journals, such as the Journal of Product Innovation Management. Patrick holds a Doctor in Business and Economics (Dr. rer. pol.) from WHU - Otto Beisheim School of Management, a Master's degree (Dipl.-Kaufmann) from the University of Mannheim, and a Bachelor's degree (BA in Business Management) from Napier University Edinburgh.
Roundtable 1
Invite-Only
Financial institutions, supervisors, and academia around the world recognize that extreme climate events, as well as a disorderly transition to a low-carbon economy, could have destabilizing effects on the financial system. Climate-related financial risks, stemming from physical and transition risks, pose new challenges to financial authorities and institutions because they are subject to substantial uncertainty, long time horizons and tail-risk. The possible simultaneous occurrence of climate-risks across multiple jurisdictions and sectors also has implications for financial soundness.
To better understand how these climate-related physical and transition risks affect financial soundness, the BIS Innovation Hub Singapore Centre is hosting a roundtable at the Singapore FinTech Festival. The roundtable brings together central bankers, industry experts, and thought leaders from academia and the private sector to advance the discourse on how to bolster the financial sector’s resilience to environmental risks.
The roundtable discussion is split into two parts. In the first, participants will provide insights on both private and public sector programs/projects and use cases to bolster the resilience of financial institutions to environmental risks. In the second, participants will look ahead and share their views on how we can further develop our efforts to prepare financial institutions for the climate-related challenges to come.
The Festival
Global Platforms
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