Leadership of Banks and Financial Institutions – The Challenges Today
A programme for general managers and board-level leaders, independent directors, government nominees on the boards of banks and FIs, regulators, and professionals from the financial sector.
The financial crisis of 2008 was followed in India by a fiscal stimulus that buoyed growth. However, since 2012-13 for a variety of reasons including the sharp decrease in credit, withdrawal of the stimulus, and other shocks to the economy, growth has been tepid at best. Capital investment are yet to revive. Infrastructure financing has proved to be particularly problematic for even the bigger banks. The real estate quagmire continues to deepen. Public sector banks are also faced with the difficult task of protecting their organizational boundaries from dysfunctional influences.
The crisis is an opportunity for them to set right organizational structure and processes that may have stood against task performance in the past. The emergence of newer modes of payments and transfers, FINTECH, the ubiquitous social media, pervasiveness of IT and big data, need recognition and a studied response. Regulatory changes have brought in newer players into the business and have put pressure on banks and FIs to worry about their product-market choices. Business as usual is not an option. Set in a discursive and interactive format this programme would be an opportunity to explore and get deeper into the following topics and issues.
- The economic crisis in India today
- The financial sector crisis
- Global economy since the GFC
- Structural issues in the Indian economy.
- New technologies and payment mechanisms (Block Chain Wallet).
- The challenge of infrastructure lending
- Specific challenges for state owned banks. Autonomy and accountability and the role and form of oversight by government.
- Creating and managing high performance teams.
- Boards of banks – strategizing their role for effective performance and enhancing shareholder value and consumer value, the role of minority shareholders, government nominees and institutional nominees.
- Integrated staff development – career planning, rotation, training and recruitment.
- Budgeting and performance management including incentivisation for high performance.
- The consumer of financial services.
Profs. Ajay Pandey (infrastructure financing, regulation, credit assessment), Sebastian Morris (coordinator) (macroeconomy, public policy, leadership), Jayanth Verma (financial markets, innovations, regulation), Sunil Maheshwari (organizational and leadership processes), all of the Indian Institute of Management.
For registration please click on link below:
For a brief introduction please watch https://www.youtube.com/watch?v=isGf1RdK1Ac;