
[UPDATE 13 April: adds link to webinar recording]
“Modern Governance in Banking” is a new modular programme of three three-day modules at the INSEAD business school in Fontainebleau, France. The content is driven by the needs for bank directors and senior executives working in banks to review and update their corporate governance practices due to the many pressures they face, and will focus on the effectiveness of directors and boards. Successful completion by participants offers certification by INSEAD.
As one of the world's leading and largest graduate business schools, INSEAD offers participants a truly global educational experience. With campuses in Europe (France), Asia (Singapore) and Middle East (Abu Dhabi), INSEAD's business education and research spans three continents. Its 145 renowned faculty members from 40 countries inspire more than 1,400 students in its degree and PhD programmes. In addition, over 10,000 executives participate in INSEAD's executive education programmes each year.
Modern Governance in Banking
In today’s global economy, the banking sector is under heavy scrutiny from regulators, share holders and society, who are all searching for both improved governance and performance. Bank boards and senior executives must deliver performance while complying with stricter regulations, avoiding sanctions at all costs, and navigating risks in an environment that remains turbulent and unpredictable. Tensions are present of course in all sectors, but they are particularly severe in banking, where compliance and ethics, long-term versus short-term trade-offs, and product and organisational complexity abound. And if all this was not sufficient, digitalisation and fintech are expected to cause fundamental changes.
EBF and INSEAD offer new partner programme
To navigate this most challenging environment, bank directors, supported by executives, need to review and update their corporate governance practices. They also need to shape their corporate culture going forward, anchoring it in both effective governance and performance. All this is more easily stated than achieved. INSEAD, through its Corporate Governance Centre, has decided to support executives, directors and bank boards in this challenging environment by proposing a programme that focuses on how to execute effective governance in today’s unforgiving digital economy, and allows participants to exchange views on their governance practices and challenges. INSEAD is already known for a number of offerings in banking, including the Strategic Management in Banking and the Risk Management in Banking programmes. In addition, it offers a leadership programme for the Interalpha consortium of banks.
Collaborative effort
The programme is offered in partnership with the European Banking Federation, which aims to ensure that common regulatory and policy goals are well understood and adhered with. It is the result of a collaboration between Peter Nathanial, governance expert and former Group Chief Risk Officer at Royal Bank of Scotland, and Professor Ludo Van der Heyden, Academic Director of the INSEAD Corporate Governance Centre and Co-Director of the INSEAD Directors Programme, and INSEAD Executive Education.
How you benefit:
- Develop an understanding of the fundamental principles of corporate governance and the broader context in which banks operate
- Learn about the inherent tensions and pitfalls associated with governance in the banking sector
- Gain a clear understanding of the governance roles and responsibilities of bank board members and executives, and how they collaborate to execute their mandate
- Learn how bank executives and directors can work effectively with external auditors, regulators, shareholders and other stakeholders
- Prepare for and execute governance in times of crisis and distress
- Grasp how to govern across multiple subsidiaries and geographies
Participants profile:
- Board members /directors in banking
- Self-Evaluation: what type of director can you be, do you wish to be and are satisifed to be?
- Senior bank executives with governance experience
- Members of nomination committees
- Auditors and legal counsels of financial institutions working with banks and their boards
- Regulators and supervisors
Webinars:
The first dedicated webinar about the Modern Governance in Banking programme took place on 13 April. Click here to listen to the recording.
Subsequent webinars are scheduled for 26 April at 16 CET and 31 May at 16 CET. They present the programme and respond to any questions you may have. Please let us know whether you would like to know more about the webinar so that we can provide you with the practical details to join in.
The dates of the upcoming run are:
Module 1 (3 days)
INSEAD Europe Campus, Fontainebleau, France, 11–13 July 2018
Optional day on the 10th of July available for non-executive and/or non-banking directors. Will include a review of the current banking lexicon and a look at the challenges faced by non-executive, non-banking directors on banking boards.
Module 2 (3 days)
INSEAD Europe Campus, Fontainebleau, France, 3–5 October 2018
Module 3 (3 days)
INSEAD Europe Campus, Fontainebleau, France, 24–26 January 2019
Members of the EBF are entitled to a 7.5% discount.
