In this Travillian Next episode, Indra Elangovan, Head of Strategic Advisory at Travillian, and James Stevens, Partner and Co-lead of Financial Institutions Group at Troutman Pepper, discuss effective board governance and board evolution in the banking industry. They highlight the key functions of a board, such as establishing purpose and strategy, selecting and evaluating management, determining risk appetite, ensuring compliance, and serving as ambassadors for the bank.

With the evolving landscape, the demands on board oversight have increased significantly, making board engagement in risk management and compliance crucial, especially in today's regulatory environment. They highlight how boards can be strategic assets for banks, offering valuable insights into enhancing board governance and dynamics in this Bank Board Insights series.