CEO Martin McGuinn planned a complete transformation for Pittsburgh’s old-line banking institution. His first challenge: educate the board on the industry, the competition, and the big changes he wanted to make.
After his keynote appearance at the Acquire or Be Acquired conference earlier this year, Bank Director talked with Harris Simmons, CEO of the venerable Zions Bank, about corporate governance, M&A, and sticking to your guns during difficult times.
The analysis of the failure of Hamilton Bancorp, a seemingly robust institution before it was closed last year, offers many sound lessons for bank directors. Among them: There’s no substitute for a strong audit function and good old-fashioned risk management.
Bank Director’s annual Bank Services Membership Program combines Bank Director’s extensive online library of director training materials, conferences, our quarterly publication, and access to FinXTech Connect.