As banks worldwide seek to re-establish trust whilst competing in an increasingly competitive environment, they must also grapple with new and complex challenges which demand more of leadership. Advances in technology are significantly disrupting the industry, regulators have increased their expectations and demands, and socio-political issues like climate change and social mobility have become increasingly prominent on bank board agendas.
Board members must increasingly demonstrate to regulators and other stakeholders that they have the requisite expertise, and strategic and operational knowledge, to lead banks through turbulent and changing times.
This programme develops purposeful and effective bank directors by drawing together University of Oxford research in areas including leadership, ethics and conduct, reputation, governance, digital transformation, and sustainable finance.
It is designed in partnership with senior banking professionals from commercial and regulatory environments operating in countries all over the world. This enables us to effectively address the challenges of bank leadership today, and those that exist on the horizon. To bring this to life over the course of the week we will consider how existing operating models, across all elements of the business, could be challenged and changed by the impacts of technology, sustainability and regulation.
Programme Content
Day 1 - Governance, leadership and culture
Global theories and standards for effective corporate governance in banking
Creating resilient banking organisations
Understanding the view of regulators and navigating the changing business and regulatory environment
What is the board’s role in practice - and what are our legal, social and environmental responsibilities?
Developing board culture, and influencing organisational culture
Managing brand reputation and franchise at board level
Day 2 - Regulation, capital and liquidity management
Global regulatory architecture and developments
Bank capital regulation (Basel II/III and CRD IV) and understanding the view of the regulators
How do banks effectively respond to crises, and develop robust recovery and resolution plans?
Best practice capital and liquidity management
Day 3 – Risk management and financial statements
Measuring and managing credit, market and operational risks
Understanding the role of internal and external risk factors and managing them effectively
What can boards do to scrutinise and question risk management? And what is the regulators perspective on effective risk management?
Board awareness of financial statements and understanding issues in financial reporting
International developments in financial reporting for banks
Day 4 - Strategy, growth and responsible business
Strategic decision making in responding to competitive pressures and the changing market environment
Building a responsible and ethical business to drive growth and mitigate risk
Understanding market structure and dynamics in search of growth
The boards’ role in developing organisational strategy
Addressing new challenges and opportunities like climate change through sustainable banking and lending
Day 5 - The future of banking
What will the bank of the future look like, and what will its role in society be?
Digital disruption and its implications for banking – Big data, FinTech, RegTech, Blockchain, and AI
The changing risk landscape – cyber-risk, disintermediation risk, sustainability risks
The future of regulation in banking
Geo and socio-political developments and their impact on bank strategy and governance
The role of the board and its members in the banking industry is being challenged. Geo-political uncertainty, increased regulation, and digital disruption are driving banks to rethink their purpose and strategy.