Initiatives

Bank Governance Leadership Network

Leading global banking into a new era

Through the financial crisis, it became clear that bank boards, executives, and regulators needed a new forum to address key challenges and risks, and to consider the industry’s future direction. The Bank Governance Leadership Network (BGLN) addresses key issues facing complex global banks.

The primary focus is the non-executive director, but the network also engages senior management, regulators, and other key stakeholders committed to outstanding governance and supervision in support of the mission to build strong, enduring, and trustworthy banking institutions.

The BGLN is organized and led by Tapestry Networks and supported by Ernst & Young. It provides unique opportunities for candid dialogue among non-executive directors from leading global banks, bank executives, regulators, policy makers, and other stakeholders through private roundtable discussions, the annual Bank Directors Summit, and research work streams focused on critical issues for non-executive directors.

Recent network topics:

Progress on the risk journey, but key challenges remain

This ViewPoints draws on a range of individual discussions and roundtable sessions throughout 2011 with executives and non-executive directors from leading global banks and senior regulators and supervisors from global and national regulatory bodies. Given the investment in improvements in risk management and oversight, changes in personnel, and increasing board and supervisory scrutiny, the report seeks to provide a snapshot of the state of risk governance in the banking industry and insight into where progress has been made since the financial crisis and remaining priorities.

Global banking adapts to adverse economics and restrictive regulations

In September 2011, board members representing 18 global banking institutions, and guests representing the regulatory, CEO and central bank perspective, met for the third Bank Directors Summit. Discussion focused on regulatory reform and supervision; improving risk governance; profitably serving customers; and the broad implications for global banking.

Taking risk governance from satisfactory to strong

In June and July 2011, Tapestry Networks and Ernst & Young hosted a series of meetings aimed at fostering a three-way risk discussion among non-executive directors (especially risk committee or audit committee chairs), chief risk officers, and regulators to identify ways to collectively accelerate improvements in risk governance and oversight.

Strengthening the board-management dialogue on risk and strategy

Bank directors are actively engaging with management to develop bank-specific approaches to improve risk governance and the link to strategy based on answers to fundamental questions about their firms' long-term direction, appropriate risk capacity, and resiliency under stress.

Participant Profile

Anthony Wyand 122

Anthony Wyand
Bank Governance Leadership Network

Vice President of the Board, Audit, Internal Control, and Risk Committee Chair, Nomination and Corporate Governance Committee Member, Compensation Committee Member, Société Générale; Internal Control and Risks Committee Chair,

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