Bank Board of Directors Training Course

Why select this training course?

The board of directors is elected to represent and ensure the shareholder is heard. Every bank is required by law to have an installed board of directors. They protect the shareholders’ interest by providing oversight and management policies. They are also responsible for making key decisions about what is happening in banks. Today’s banking world expects much from the bank’s board, giving meaningful advice and providing strategic oversight of a bank’s critical functions. This course from Rcademy will give wider know-how, and fundamental discussion about bank board strategy, responsibilities, and best practices for diversifying the various member composition and the importance of ensuring the board is made of a gender-balanced quorum.

Why do banks have a board of directors?

Since banks are companies, they, too, are run by a board of directors who act as the top decision-makers for the institution. The board of directors is accountable for defending the interests of the bank’s shareholders, supervising the bank’s management, and making key decisions, including authorising big investments or changes in business strategy. With a board of directors in place, a bank may guarantee that its management is answerable to its shareholders and that the bank is open and accountable.

What are the skills required by banks’ boards of directors?

Board members of a bank are expected to possess a combination of skills and expertise that help them govern the organisation effectively and make informed decisions. Some of the key skills and attributes required by the board of directors of a bank include:

• Financial acumen
• Strategic thinking
• Risk management
• Leadership
• Industry knowledge
• Communication skills
• Diversity and inclusiveness
• Independence

Taking the Bank Board of Directors Training Course by Rcademy professionals will improve their performance and successfully mitigate and eradicate any future crisis. They will enhancetheir understanding of the core responsibilities of a bank director and give them the necessary knowledge, tools, and techniques to maximise their contribution to the development and success of the bank. Anyone who wishes to succeed in the first and rapidly changing environment of the banking and service industry must be able to grasp the knowledge delivered by this course. It will enable them to provide convenient and cost-effective methods for leading a bank.

Who should attend?

Bank Board of Directors Training Course by Rcademy is ideal for:

• Chief executive officers.
• Bank of directors.
• Bank managers.
• Secretaries to the boards of directors
• Board members
• Managing director.
• Chief financial officers.
• Company secretaries.
• Chief operating officers.
• Corporate and organizational governance officer.
• Are any interested professionals?

What are the course objectives?

The aim of the Bank Board of Directors Training Course by Rcademy is to enable participants to:

• Understand how to effectively interpret a lot of financial information to develop successful financial oversight for banks’ efficacy
• Discover how to manage and control risk while ensuring good mechanisms for future control
• Understand how to develop and foster the necessary skills for social development and understand how to influence various stakeholders
• Gain a contemporary perspective of corporate governance international standards
• Develop a deep understanding of the making of any corporate governance
• Enhance their leadership skills while understanding how to make strategic plans to respond to various boardroom dynamics
• Develop a better understanding of legal processes involved in managing and being responsible for a bank administration
• Enhance their understanding of the organization’s main duties toward their stakeholders

How will this course be presented?

This course will be delivered by the industry’s best professionals, who will use a blended method of teaching that will entail the following:

• Presentations
• Tutorials
• Guided practical classes
• Notes

What are the topics covered in this course?

Module 1: Framework For Board’sBoard’s Effectiveness

• Information architecture.
• Understanding the qualities of people.
• Processes and structures in a board.
• Effectiveness of a board member.
• Intellectual capital framework.
• Corporate outputs.
• The board is a transformation process.
• Board dynamics and intellectual capital fit.
• Contingency factors and board member roles.
• The alignment proposition.
• Board problem diagnosis process.

Module 2: Codes That Make Corporate Governance And How To Evaluate Them

• Corporate governance systems and institutional environments.
• Soft governance regulations and codes as a tool for maintaining governance.
• The main effects of codes in corporate governance and how to maintain international standards.
• Compensation and determining remuneration.
• The ”comply or explain” approach.
• How the codes of good governance are being eroded worldwide.
• Development of corporate governance codes.
• A case study of Slovenia.
• Shareholders’ rights.
• Corporate risk management.
• Transparency and disclosure of information.
• Audit and how to effectively conduct internal control.

Module 3: Key Political, Economic, And Legal Features Of Governance Systems.

• Government typologies.
• Supranational political systems
• Confederations and federations and their roles in shaping banks.
• The influence of politics in the banking world.

Module 4: Executive Compensation

• Providing benefits to the board members.
• Performance-based long-term incentives.
• Base salary.
• Executive perquisites.
• Performance-based annual incentive.
• Contingent payments.

Module 5: Changes For Institutionalising Sound Governance.

• Managing to change.
• Sustaining change.
• Analyzing change context.
• Communications about change.
• Creating the momentum for change.
• Facilitating change.
• Creating a lasting vision.
• Stakeholders analysis and setting the baseline.
• Political changes.

Module 6: Board Of Directors Duties

• Bank governance structure.
• Preparing compliance audit.
• Managing reputation.
• Credible challenge.
• Board oversight. Managing insiders and regulations.
• Effective compliance management system.
• Representing the stakeholders.
• Managing the chief executive director.

Module 7: Understanding Shareholder Value

• What is shareholder value?
• Creating shareholder value.
• Revenue growth.
• Capital efficiency.
• Operating margin.
• Shareholder value in practice.
• Shareholder value drivers.
• Managerial and organizational flexibility.
• Mergers, alliances, and acquisitions.
• Cost management.

Module 8: Regulatory And Compliance Reporting

• The board of directors’ overall responsibilities.
• Governance of group structures.
• The board of directors owns structures and practices according to the law.
• Risk communication.
• Internal audit.
• Risk monitoring and controlling.
• The role of supervisors.
• A comprehensive evaluation of bank’sbank’s corporate governance.
• Supervisors regulations communication and sharing of information.
• Board of Directors interaction with regulators.

Module 9: Organisation And Board Assessment.

• The roles and responsibilities of the chair.
• Compensation committee.
• Board members and how to create committees.
• Risk committee and its composition.
• Conflicts of interest and how to successfully handle them.
• Audit committees and their composition.
• Other board committees.
• Senior management.
• Communicating with the parent company board.
• Complex or opaque structures.

Module 10: Risk Management.

• Market risk management.
• Actions for bank boards.
• Cyber risks and how to handle them.
• Social justice.
• Strategic plans to ensure risk management.
• Reputational management and control.
• Country and transfer of risks.
• Dealing with cyber risks: Information and communication technology risk.
• Liquidity risk management.