Focus 11: Guidance for the Directors of Banks

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

 

 

 

 

 

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Related Resources:

Policy Brief: Corporate Governance for Banks in Southeast Europe