Point of View

July 17th, 2019
The Empowered Bank Board One of the biggest changes that I’ve witnessed over the past three decades in banking is the gradual empowerment of boards of directors. There was a time when it was quite acceptable for the bank’s chief executive officer to pack the board with friends who were disinclined to provide real governance oversight. That dynamic might still exist at some smaller banks, but serving on a board today is a serious proposition. Th...

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Jack Milligan is editor-in-chief of Bank Director, an information resource for directors and officers of financial companies. You can connect with Jack on LinkedIn or follow @BankDirectorEd on Twitter.