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Recruiting the Right Directors for Your Board—and Getting Rid of the Wrong Ones
Naomi Snyder, editor-in-chief at Bank Director
Recruiting the right members for the board is becoming an increasingly crucial task. The workloads of boards have increased, making ineffective members more of a drag on the other directors. Regulators are emphasizing the quality and effectiveness of boards in exams. The board’s performance is an important part of a bank’s CAMELS score, the rating system regulators use to assess the health of a bank. It is challenging today for banks to make and sustain a return on investment that will satisfy shareholders, making the board’s job of overseeing management more important. Assessing their own performance and recruiting new members...
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Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan. You can contact Naomi at [email protected].