Fraud risk management in banking

Speaker: Xavier-Yves Zanota, EFG Bank AG

Abstract: The presentation will cover fraud risk management in banking. It will refer to the strategies and processes banks use to identify, assess, and mitigate the risk of fraudulent activities. This involves implementing robust policies, monitoring systems, and employee training to detect and prevent fraud attempts, both internal and external. Effective fraud risk management not only protects a bank’s assets and reputation but also enhances customer trust and supports regulatory compliance.

Biography: Xavier-Yves Zanota is Managing Director at EFG Bank in Zurich, overseeing Global Operational Risk. He previously held senior roles at UBS and the Basel Committee on Banking Supervision, and worked as an auditor and consultant at EY in Scandinavia. He has taught operational risk and internal control at Strasbourg university and currently chairs the Non-Financial Risk Chapter of the Swiss Risk Association.

Host: Dr. Dimosthenis Pasadakis, Prof. Olaf Schenk