DOWNLOAD the part 1, Risk Management, and the table of contents.
Governing Banks is a comprehensive module on risk governance and risk management that focuses on the domain-specific expertise required of bank board directors. It drew extensively on the risk management experience of Eastern European banks and financial institutions, particularly risk governance lessons that grew out of policy responses to the global financial crisis.
"Governing Banks is based on an extensive review of literature, international consultations, peer reviews, and interviews with directors, bankers, chief risk officers, regulators, and independent experts, who reflect perspectives from all regions," said Philip Armstrong, the Forum's head. "It builds upon our experience in corporate governance training for board directors and draws upon the Forum’s thought leadership." Topics include:
Governance of risk management
Bank's role in the economy
Risk and the economics of banking
Bank regulation and oversight
Risk management and measurement
"Our objective is to help improve bank directors' performance and thereby mitigate and prevent a future crisis like that of the past two years, in which governance failures played a key role," said Gene Spiro, a Forum senior project officer.
"The combination of the governance content of our product and its innovative mode of delivery—using the most current adult education techniques—should serve Indonesia’s banking sector well."
In October 2010, the materials were introduced through a training-of-trainers workshop (ToT) in Indonesia, in cooperation with IFC, the Indonesian Institute for Corporate Directorship (IICD), and Perbanas, the Indonesian bank association. The supplement-based ToTs were later rolled out in South and East Asia, Africa, and Europe and Central Asia regions.
Pictured: Forum's Trainer Mary Jo Larson is talking to participants at the first FMRP ToT.