Cybersecurity has been a prominent topic within the Bank Governance Leadership Network (BGLN) for more than two years. As the economic impact of cybersecurity has steadily grown, the BGLN has engaged with non-executive directors and executives of…
Financial cybersecurity / Banking
On October 24 and 25, 2013, members of the North American Audit Committee Leadership Network (ACLN) met in New York for their 27th stand-alone meeting. One session was a dialogue with Jeanette Franzel, a member of the Public Company Accounting…
Corporate and board regulatory matters
On October 24 and 25, 2013, members of the North American Audit Committee Leadership Network (ACLN) met in New York for their 27th stand-alone meeting. One session was a members-only discussion of ethics and compliance. This document summarizes the…
Boards and General Management
On October 9–10, 2013, participants in the Bank Governance Leadership Network (BGLN) gathered in New York for the fifth Bank Directors Summit, the BGLN’s 30th meeting since its inception in 2009. Directors representing 12 banks from six countries…
Governance, Regulation and supervision / Banking
The core of a compensation committee’s responsibility is to set the pay of executives in light of the company’s and the executives’ own performance. At the CCLN meeting on November 12 and 13, members discussed the challenge of defining corporate…
Executive Compensation
Compensation Committee Leadership Network (CCLN) members did not mince words in their reactions to the proposed rule put forward by the Securities and Exchange Commission (SEC) requiring disclosure of the ratio of CEO-to-worker pay. “On all my…
Executive Compensation
The incidence of cancer has been estimated at 11 million cases per year with a global prevalence of 25 million cases, and the World Health Organisation (WHO) has predicted that within the next decade these figures could increase up to 50%, reaching…
/ Healthcare
On October 2–3, 2013, Lead Director Network (LDN) members met in Washington, DC, with general counsel (GCs) from many of the public companies represented in the network to discuss how GCs can work with their lead directors and boards most…
Board risk oversight
Since the launch of the Bank Governance Leadership Network (BGLN) in 2009, participants have been discussing approaches to improve risk governance. There is now general acknowledgement that in the lead-up to the global financial crisis, significant…
Governance, Risk management and oversight / Banking
On July 9 and 10, the Compensation Committee Leadership Network (CCLN) convened in New York to discuss challenges facing compensation leaders in today’s large companies. This ViewPoints summarizes network members’ discussion on three important…
Executive Compensation