Login to Bank Services

Enter your email address and password below to gain access.

To login to the Online Training Series, please click here.

Governance
11/14/2024

Onboarding New Committee Members

Some boards rotate committee assignments, and new directors will be appointed to at least one committee when they join a board. Here’s what you need to know to prepare new committee members.

Close
About the authors
Written by
Jack Milligan Editor-at-Large

Jack Milligan is the Editor-At-Large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Jack contributes to Bank Director’s editorial coverage and leads its director training efforts. In 2022, Jack developed Bank Director’s Director Certification Program to bring much-needed governance training to bank boards.

 

Jack is a nationally recognized speaker at financial industry conferences.  Over Jack’s tenure, he has interviewed some of the most notable bank CEOs and senior leaders in the financial industry. He has a master’s degree in Journalism from The Ohio State University.

Jack Milligan
Editor-at-Large
Bank boards typically conduct much of their business in standing committees that meet periodically throughout the year. Typical committees include audit, compensation, governance/nominating, risk and technology, and directors are assigned to one or more of these groups. It is helpful to have an established process in place for onboarding new committee members so they can engage in the business of the committee as quickly as possible. For experienced directors who are rotating from one committee to another, the transition should be relatively easy since they should already have a working knowledge of the committee’s business. For new directors, their introduction…

YOU HAVE ACCESSED A RESOURCE THAT IS ONLY AVAILABLE TO OUR BANK SERVICES MEMBERS.

From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].

READ THE ARTICLE

Please enter your username and password below. If you have established a password please click ‘forgot your password.’

WRITTEN BY

Jack Milligan

Editor-at-Large

Jack Milligan is the Editor-At-Large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Jack contributes to Bank Director’s editorial coverage and leads its director training efforts. In 2022, Jack developed Bank Director’s Director Certification Program to bring much-needed governance training to bank boards.

 

Jack is a nationally recognized speaker at financial industry conferences.  Over Jack’s tenure, he has interviewed some of the most notable bank CEOs and senior leaders in the financial industry. He has a master’s degree in Journalism from The Ohio State University.