The need for sound governance of banks worldwide has never been stronger. After the global financial crisis of 2007–2009, spectacular bank failures - whether caused by greed, incompetence, or indifference - are still occurring. This Guidance for Directors of Banks is intended mainly for three groups of readers: (i) New directors with experience in banking; (ii) Directors who understand governance, but have no experience in banking; and (iii) New directors who have no experience of either banking or being a director.
Main topics discussed in the Guidance are:
- Where Banks Fit in the Corporate Governance Framework
- The Unique Role of Banks
- Governing Risk
- Board Structures and Directors’ Duties
- Effective Board Decision Making
Related Resources:
Policy Brief: Corporate Governance for Banks in Southeast Europe