Are You Prepared for the Next Recession?

By: Taylor Feuss, Marketing & Communications Manager, IBISWorld

Amid the looming possibility of an upcoming economic downturn, are you prepared to withstand the fallout? Attendees at RMA’s upcoming Annual Risk Management Conference will have the opportunity to find out this and more during the breakout session entitled “Preparing for the Downturn While Positioning for Recovery” hosted by Platinum Sponsor IBISWorld, a global leader in industry market research.

In the panel, IBISWorld’s Chief Economist Dr. Rick Buczynski will lead a discussion examining the several factors unique to the current credit cycle, including the surge in merger and acquisition (M&A) activity, labor shortages in key markets, the uneven impact of CECL (Current Expected Credit Losses) on different lending segments, and a rapidly restructuring energy sector. 

Buczynski, who specializes in commercial banking, financial, and risk rating practice, will explore these and other issues related to the risks and opportunities for commercial lending, an angle that’s rarely been addressed until now. Buczynski will be joined by Kent Kirby, senior credit policy officer at Commerce Bank in Kansas City, MO, and Dev Strischek, principal at Devon Risk Advisory Group and retired SVP/senior credit policy officer at SunTrust Bank.

The session will provide timely insights to strategically minded decision makers responsible for either loan origination or risk management. Though all attendees can expect to gain crucial insights into the defensive tactics used to prepare for an economic downturn, as well as safe lending strategies for the subsequent recovery period. 

“Preparing for the Downturn While Positioning for Recovery” is scheduled for day two of the conference, Monday, October 28, during the Breakout Sessions Group Two, from 11:30 am to 12:20 pm. 

To learn more about IBISWorld, contact IBISWorld’s Taylor Feuss, marketing & communications manager at You can also check out IBISWorld’s Industry Insider platform for daily media content.  

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