Since the 2008 financial crisis, bank boards have not improved their cultural or gender diversity compared to other companies nor are they better qualified than before the crisis. Outside directorships of bank directors and the extent of CEOs also being Chairman also remains the same. However, there is some evidence of better risk oversight both from managers and the board.
from HBS Working Knowledge https://hbs.me/2Ja3CyG
Friday, May 10, 2019
Bank Boards: What Has Changed Since the Financial Crisis?
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