2023 Governance Best Practices Survey: Complete Results

Bank Director’s 2023 Governance Best Practices Survey, sponsored by Barack Ferrazzano‘s Financial Institutions Group, surveys 195 independent directors, chairs and CEOs of U.S. banks under $100 billion of assets. Topics explored this year include risk oversight, director liability and board and composition. The results find that the vast majority of bank board members and CEOs believe their board proactively addresses the risks and opportunities facing their institutions, and that issues and challenges are adequately reflected in the board’s agenda. But a lack of various skill sets and knowledge could mean the board is ill-equipped to ask questions about key risks...