“My sense is that standing still will not be an option, so how do we evaluate moving forward? Are we talking about small steps or radical business-model changes?”
—Director
The digital transformation of the insurance sector is real,…
Financial Strategy, Innovation and technology / Insurance and Asset Management
Since its inception in 2009, the Bank Governance Leadership Network (BGLN) has discussed the progress and challenges in improving risk governance in banks and the efforts of boards and supervisors to assess its effectiveness. Ultimately, the…
Governance, Risk management and oversight, Regulation and supervision / Banking
On 2 April 2014, members of the European Audit Committee Leadership Network (EACLN) met in London to discuss cybersecurity, among other topics. In this session, members were joined by Andrew Archibald, deputy director of the National Cyber Crime…
Cybersecurity
On 2 April 2014, as part of the European Audit Committee Leadership Network (EACLN) meeting in London, members met with Stephen Haddrill, chief executive officer of the Financial Reporting Council (FRC), the UK regulatory body responsible for…
Corporate and board regulatory matters
“The real problem I see is the diametrically opposed and mutually exclusive economic risks. On the one hand, you could see deficits, inflation, government defaults. On the other hand, you could see deflation. How can a board prepare for all of that…
Financial Strategy / Insurance and Asset Management
“We know we are not bulletproof. Our thinking has gone from ‘if’ to ‘when.’ We are just trying to ensure we are staying on top of new developments.”
—Director
Cybersecurity has frequently come up as a risk topic within the Insurance Governance…
Financial cybersecurity, Risk management and oversight / Insurance and Asset Management
On March 4, 2014, Lead Director Network (LDN)1 members met in New York City to discuss shareholder activism. Ralph Whitworth, founder, principal, and investment committee member of Relational Investors and non-executive chairman at Hewlett-Packard,…
Investor perspectives on public companies
Compensation Committee Leadership Network (CCLN) members devoted most of the March 11 and 12 meeting to discussing shareholder relations issues, particularly shareholder-director engagement and dealing with activist shareholders. Members were joined…
Investor perspectives on public companies
On March 19, 2014, members of the Audit Committee Leadership Network (ACLN) met in New York to discuss cybersecurity, among other topics. In this session, members were joined by Mr. Joseph Demarest, assistant director at the Federal Bureau of…
Cybersecurity
On March 19, 2014, members of the Audit Committee Leadership Network (ACLN) met in New York to discuss investor activism, in particular the activism focused on company performance and shareholder value (as opposed to political or social causes). In…
Investor perspectives on public companies