Leveraging Software to Enhance Bank Directors’ Performance
Dottie Schindlinger, EVP Market Development at BoardEffect
Bank News, November 2014
“In the past decade, and particularly in the wake of the recession, the banking industry has been forever changed. The ramifications of over a dozen new laws, myriad bank mergers/closures, and an increasingly uncertain and volatile landscape have impacted every part of banking operations and governance. As a result, the boards of directors of many banks have begun to transform their role from a sole focus on fiduciary oversight, to become a driving force for the success of their institutions. As this transformation has occurred, board members and the staff who support them have turned to technology to support their efforts – helping bank directors spend less time on “routine” work and more attention to grappling with the complex issues of the day.”
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