Due to ongoing changes in the banking industry — from demographic shifts to the drive to digital — it’s never been more important for bank boards to get proactive about strategy. James McAlpin Jr., a partner at Bryan Cave Leighton Paisner and global leader of the firm’s banking practice group, shares his point of view on three key themes explored in the 2021 Governance Best Practices Survey.
Bob DiCosola, executive vice president of Old Second Bancorp, a $2.2 billion asset holding company in Aurora, Illinois, talks with Bank Director digital magazine Editor Naomi Snyder about hiring a chief technology officer with a business background and what the bank will need going forward.
DiCosola briefly touches on the following:
What types of information technology people the bank needs
Using an in-house advisory team of millennials
The bank’s new IT business plan
This video first published in Bank Director digital magazine’s Tech Issue in December.