Financial Services TRANSFORMATION AUDIT INDABA 2016

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Financial Services 26-27 MAY, 2016 DURBAN ICC DURBAN From Strategic Agenda to Transformation Implementation in the Finance Sector An Event From The Black Management Forum s Transformation Barometer found the long-term solutions to improve transformation include improving the education system radically so as to provide a steady stream of work-ready young people that are able to compete on the rapidly advancing technology front worldwide. In a recent research report released by 27four Investment Managers, which provides seed capital to start-up black fund managers, black fund managers manage only 6.88% of estimated total assets in an industry worth R3.68 trillion. Total assets managed by black firms as at June 30 2013 was valued at R253.1. This represents an increase of 37% since June 30 2012 and 177% since June 30 2009,. Skills outside of equity management remain a challenge within black firms, with far fewer dedicated fixed-income and multi-asset class offerings and, overall, the level of skill diversification outside of conventional long-only South African equity and cash is disappointing, the report says.

Financial Services OVERVIEW, HIGHLIGHTS & ATTENDEE PROFILES This Conference will Provide you with the Latest Information on the Implementation of Strategies Aimed at Steering Sustainable Transformation in the Finance Services Without a doubt, the days when Finance functions acted as number crunchers and record keepers are over. But, most departments fail to meet demands and achieve clean audits not because of ignorance but lack of polished skilled to meet their department s demands or requirements. In order to deliver services at a world class status, executives responsible need to tranform their strategy in order to achieve the best results. Implementation of codes of practice being the main priority of this conference. Audit Round-Table brings you a unique limited edition conference that will outline what best Finance Transformation looks like and how you can get there. Insights from leading institutiona and cross-industry benchmarking will help you to maximise risky changes to your roles and responsibilities, enabling you to manage and deliver value to stakeholders. Attend the National Financial Services Transformation Audit Indaba and you will leave with a clear picture of the necessary strategy, tools and methodologies to meet demands unique to your department and deliver improved results. Highlights Include: Government policy directive to Improve and Enhance Transformation Finance Sector Aligning Finance with corporate objectives to increase it s strategic focus Preferential Procurement and Enterprise Development within Financial Services Sector The National Development Plan: Developmental and its role in mapping transformation in this sector Enhancing Operational Excellence In Closing The Skills Gap Strategic Re-alignment of Procurement and Supplier settlements Updated B-BBEE Codes of Good Practice, Implementing Preferential Procurement and Enterprise Development Building a planning framework for clean audits, annual budgeting and investment resource allocation The Financial Services Sector Charter and the Financial Sector Codes Identifying and managing pressures through strategic risk management Human Capital & Structural challenges Implementing annual risk management policy, strategy and framework The challenges of Finance leadership development Addressing the talent gap in the Finance sector The importance of risk management and governance frameworks Equitable Ownership by BBEE groups within JSE Companies Quick Registration Contact : +27 12 11 941 062 9820 0400

PRELIMINARY AGENDA DAY 1 08:00 Opening Remarks By Chair 08:30 Keynote session 1: Unpacking the Transformation Charter for the Finance Sector Establishing a common vision aligning business aims and objectives of financial transformation in SA. Highlighting transformation progress post the democracy era Driving organisational goals through employees grounded in finance competencies, skills and engagement Expected effects of transformation on the financial sector Facing the challenges to transformation head on Policy recommendations 09:15 Government policy directive to Improve and Enhance Transformation Finance Sector Financial services inclusion and access to finance for low income consumers National Consumer Commission: The exploitation of unsophisticated, low income consumers within banking services Transformation as a good active citizenship by the business sector. 10:00 Preferential Procurement and Enterprise Development within Financial Services Sector Documenting guidelines for standard practice Facilitating programmes for the development and fostering of black small-to-medium-sized enterprises. Accelerating the development, sustainability and ultimately the financial independence of small-to-medium-sized enterprises. Empowerment Financing and Mentoring 10:45 Morning Tea & Networking Break 11:15 Dissecting the Key Aspects of Transformation within the Banking and Finance Sector Implementing a code of conduct governing preferential procurement in finance sectors The transformation multi dimensional scorecard Human Capital Development Equitable Ownership by BBEE groups within JSE Companies The National Development Plan: Developmental and its role in mapping transformation in this sector 11:45 Regulatory Efforts and Supervisory Challenges, Priorities & Strategies Inclusive financial program at the micro level: risks & standards Educating and protecting investors, savers and consumers. Strategies for National Public Financial literacy, protection and financial Inclusion, Implementing a Program of Financial Inclusion and innovation vis a vis financial stability and consumer protection Promoting relationships and Communication amongst all major stakeholders 12:30 Enhancing Operational Excellence In Closing The Skills Gap Analyze the current process, define a new approach, and then identify how technology can enable improved business performance. Putting it to the test: Can machines and people really work together harmoniously? What are the practical challenges of implementation? How do we quickly and efficiently get the right subject-matter experts to team up and solve a crucial problem? Taking a strategic approach-starting with the necessary business transformation, but also establishing a link to the enabling transformation 12:30 CASE STUDY: Leading organisational transformation Leading transformational change involves ensuring that organisational change takes place in a planned and sustainable way, driving efficiencies and ensuring that organisational development interventions are used to drive cultural change and skills development. Managing transition and maintaining and increasing effectiveness in new roles of Strategies for the development and mastering of leadership skills 13:15 Lunch & networking Opportunity

PRELIMINARY AGENDA DAY 1 CONTINUED 14:15 Financial Transformation Financial Transformation Interactive Round Table Session 15:10 The Financial Services Sector Charter and the Financial Sector Codes The DTI s Revised Generic Codes of Good Practice of 2013. Compliance with the Financial Services Charter and Financial Sector Codes A lot has changed in terms of The employment equity and skills development aspects of the charter level where more emphasis needs to be placed ondeveloping and building the talent pipeline; addressing the severe lack of transformation within the investment management industry Broadening inclusive access to the financial services industry at a mass market level, and playing an increasingly important role in the development and furtherance of the SME economy. 16:15 Financial Transformation Interactive Wrap Up Session and Chairman Remarks Who will you meet and Benchmark Against? This conference has been developed for Municipalities, Provincial directors, Ministers- Premiers. Members of parliament Thought leaders and decision makers Public sector solution providers The shareowners (shareholders) or owners The board and directors The committees of the board HR Directors and their subordinates HR managers, IT personnel, Buyers, Procurement Managers Internal audit, and external auditing firms Quality assurance managers CEO s, CFO s, COO s, CPO s Decision makers and policy makers All public enterprises and organisations Government officials Mayors, City Council leaders Unions Solution providers to the public enterprises. Public sector organisations and all related organisations.

PRELIMINARY AGENDA DAY 2 08:00 Opening Remarks By Chair 08:30 Keynote 2: Updated B-BBEE Codes of Good Practice, Implementing Preferential Procurement and Enterprise Development: Hear from leading legal and corporate governance experts regarding the South African B-BBEE Scorecard Specialised codes of good conduct-scope of application How to decide which rating agency certificate should you accept and understand the role of rating agencies and what their own B-BBEE criteria should comply with. Learn how to deal with fronting in this context? Enterprise and supplier development-priority element Sector vs. the scorecard - which will prevail? Understand in more detail how the various parts of the score card are calculated Concept of empowering supplier, the Discounting Principle 09:15 Taking A Holistic And People Perspective For Team Development In Financial Transformation What is behind the fixed structures that we work with? What is the added value of people and how can we use the people within their competences? How can we get best out of each other? What is the impact of our communication style, which is mainly trained as hierarchical? Shouldn t we learn to adapt our communication styles to our partners? Are we aware of the project team members: what is their personality and their competences? What is the balance in the group and how are they supported to work together? 10:00 Evolve slowly or big bang transformation? Capturing the collective wisdom of the road pavement industry Documenting guidelines for standard practice Training, workshops and forums Mentoring 10:45 Morning Tea & Netowrking Break 11:15 Human Capital & Structural challenges Middle Management Challenge: shortage of skill, talents in middle managers, a real barrier to achieving financial inclusion Advances in technology and business-model innovation effects on human-capital Performance management Risk management 11:45 Risk Management Policy, Strategy and Framework Governments in South Africa tend to be slow in implementing new concepts/policies hence the slow rate on financial transformation. This presentation will explore ways of - - Developing a risk policy - Developing a risk management strategy - Structures and responsibilities (Risk Management Committee) - Publication of Risk Management Policy - Terms of Reference for the Risk Management Committee - Developing a risk response strategy

PRELIMINARY AGENDA DAY 2 CONTINUED 12:30 The Twin Peaks approach to financial regulation Strengthening the financial safety and soundness of financial institutions Better protection of financial customers and to ensure that they are treated fairly by financial institutions the Financial Sector Conduct Authority (FSCA Legal frameworks for prudential and market conduct regulation the current process and then identify how technology can enable improved business performance. Taking a strategic approach-starting with the necessary business transformation, but also establishing a link to the enabling transformation Align your Finance organization structure and processes with the business strategy Gain insight into the relative performance of your finance function as compared to your peers and identify performance gaps 13:15 Lunch & Networking Break 14:15 Expanding On How To Effectively Apply The DTI s B-BBEE Codes Of Good Practice A summary of the codes and what they aim to achieve Understanding what is measured to ensure Compliance to financial services Charter Examining the role of the National Consumer Commission, & DTI in enforcing these Codes and enhancing Value added products Dissecting the relationship between the DTI and the Financial Services Codes 15:05 Total Transformation Road Map : Top Management Buy in Eliminate and/or simplify complex structures, processes and technology Standardize and integrate systems and leverage enabling technologies in corporate performance management Reduce the cost of your Finance function 16:00 Chairman s Remaks and Close of Conference Poor Progress Some Progress... the market share of black asset management firms went up by 9% in 2015 but remains 4.4% in total 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 R91.4 R134.1 R164.8 R184.6 R253.1 R283.1 R309.2 SAVINGS & INVESTMENT INDUSTRY ASSETS MANAGED BY BLACK OWNED FIRMS SOURCE: ABSIP 2015 Survey... and black-owned firms manage an average of R9-billion in assets 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 R6.53 R6.70 R7.49 R7.39 R9.74 R8.83 R9.37 AVERAGE ASSETS UNDER MANAGEMENT (AUM) PER FIRM SOURCE: ABSIP 2015 Survey

Financial Services 26-27 MAY, 2016 DURBAN ICC DURBAN Who will you meet and Benchmark Against? This conference has been developed for Municipalities, Provincial directors, Ministers- Premiers. Members of parliament Thought leaders and decision makers Public sector solution providers The shareowners (shareholders) or owners The board and directors The committees of the board HR Directors and their subordinates HR managers, IT personnel, Buyers, Procurement Managers Internal audit, and external auditing firms Quality assurance managers CEO s, CFO s, COO s, CPO s Decision makers and policy makers All public enterprises and organisations Government officials Mayors, City Council leaders Unions Solution providers to the public enterprises. Public sector organisations and all related organisations. Important Contact Information: Exhibition / Delegate Enquiries: mlindeli@audit-roundtable.com +27 11 050 5271 Speaker Opportunities / Agenda Content: norwell@audit-roundtable.com +27 11 050 5272 Media / Press: talent@audit-roundtable.com +27 83 425 7329 General/ Registration Enquiries +27 11 062 0400 Quick Registration Contact : +27 12 11 941 062 9820 0400