MHA is holding the inaugural dedicated breakfast workshop for independent NEDs. Under Chatham House rules, there will be thought provoking and stimulating conversation as we delve into the key issues shaping UK banks in 2024 and beyond.
The workshop will be chaired by Sundeep Bhandari, an experienced Board Chairman, INED and business leader and former Head of Global Audit with experience across all three lines of defence; business, risk and audit.
Whilst there will be no formal agenda, we anticipate that the following matters will be discussed amongst others:
- Consumer duty: We will dissect the implications of the heightened focus on protecting customers, exploring practical implementation strategies and assessing the potential impact on board oversight.
- Navigating the maze of FCA s166 Skilled Persons Regulatory Reviews: We will untangle the intricacies of these reviews and attempt to gain clarity on roles and responsibilities.
- Building a sustainable model for success: Sustainable business models are no longer optional, they are essential. We will discuss matters including technology and how this integrates with strategic planning and ESG principles into boards' agendas.
- Diversity & Inclusion: We will explore the vital role of diversity and inclusion in fostering innovation, resilience and long-term value creation, sharing best practices and strategies for driving positive change.
- Leading through transition and the recipe for managing change: We must equip ourselves with effective tools and frameworks to navigate change both within our boards and the wider financial ecosystem.
- Crunching the numbers: Mastering Expected Credit Losses: Understanding and managing ECLs is crucial for responsible risk governance. We will delve into practical calculations and best practices for ensuring robust financial forecasting and resilience against potential setbacks.
Altogether this is an opportunity to engage in insightful discussions as well as share your experiences, insights and challenges with fellow NEDs in a confidential and collaborative setting. It will also be an opportunity to build valuable connections and network with a diverse group of peers..
RSVP by the 1st February; there are a limited number of places available due to the workshop format, however, we do intend to make the workshop a regular event at least twice each year.