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2020 Financial Services Leadership Summit

The annual Financial Services Leadership Summit (FSLS) took place across a series of video discussions Tuesday, November 10, 2020 through Thursday, November 12, 2020. The FSLS brought together directors and senior executives from among the largest banks and insurers globally with regulators and other stakeholders and subject matter experts for discussions on the forces shaping the sector and the implications for financial institution leadership and governance.

  • Navigating the increasingly important and complex ESG agenda. The ESG agenda has emerged from 2020 as more important and more complex than ever, presenting leaders of large financial institutions with both difficult challenges and significant opportunities. Banking and Insurance directors and executives were joined by Sandra Boss, Global Head of Investment Stewardship at BlackRock, as well as regulators and other key stakeholders.

  • Technology is driving competitive advantage in financial services. Financial institution directors and executives, regulators, investors, and EY experts discussed how financial institutions have adapted to the pandemic and the options for firms as they accelerate broader systems upgrades to support new approaches. They also discussed the implications that the path forward has for talent and culture needs.

  • Global financial services policy after the pandemic. At the summit, participants were joined for a discussion on policy and politics by Martin Chorzempa, research fellow at the Peterson Institute; Clay Lowery, executive vice president of research and policy at the Institute of International Finance; and John Liver and Marc Saidenberg, EY’s Global Financial Services Regulatory Network co-leaders.

2020 Audit Committee Leadership Summit

The COVID-19 pandemic posed challenges and risks during a time of swift change on many fronts. In September 2020, audit chairs from North America and Europe met in a virtual Audit Committee Leadership Summit (ACLS) to consider many of these changes: in risk management, technological innovation, and matters of internal and external audit. Key sessions addressed the following issues:

  • The COVID-19 pandemic and its economic impact are once again raising questions about the state of enterprise risk management in large global companies. Members were joined by Amy Brachio, global business consulting leader at EY, and Panu Haapaniemi, director of risk management at UPM-Kymmene, to discuss potential lessons from the pandemic. Read more.

  • The COVID-19 pandemic has driven rapid innovation as businesses race to adapt to a difficult environment. Members discussed this acceleration and the related strategy and risk implications with Netta Nyholm, EMEIA enterprise risk and risk markets leader at EY; Kate Smaje, global leader at McKinsey Digital; and David Gledhill, recently group chief information officer and head of group technology and operations at DBS. Read more.

  • Internal audit departments are evolving with changing business practices. Technology plays a major role in those changes. Members discussed the outlook for internal audit processes, deployment, and technology with Rui Bastos, chief information officer and chief digital officer for Reliance Industries Hydrocarbons and head of group audit and risk management for the Reliance Group; Dr. Leo Mackay, senior vice president, ethics and enterprise assurance for Lockheed Martin; Amy Brachio, EY partner and the firm’s global business consulting leader; and Stefan Heissner, EY EMEIA forensics and integrity services leader. Read more.

 

Upcoming meetings

Northeast Audit Committee Network

February 2021

 

 

Central Audit Committee Network

February 2021

 

 

Compensation Committee Leadership Network

March 2021

 

 

West Audit Committee Network - South

March 2021

 

 

Banking Governance Leadership Network

March 2021

 

 

Insurance Governance Leadership Network

March 2021

 

 

NOW HIRING!

Associate opening.

Are you a professional interested in engaging with business leaders across the globe? Are you a strong writer interested in exploring new ideas? Are you motivated by teamwork? Enjoy working in highly collaborative environments? Tapestry is the right place for you. Visit our careers page to learn more about our open Associate position. 

To learn more about Tapestry Networks or to apply for the role, please contact Amy Christenson. When applying for the role, please include a cover letter, resume, and writing sample.

Recent Publications

Bank board priorities for 2021

Bank Governance Leadership Network, February 2021

Read more here.

Insurance board priorities for 2021

Insurance Governance Leadership Network, February 2021

Read more here.

Designing a public private consortium to address the challenges of multicancer early detection

Multicancer Early Detection Forum, February 2020

Read more here.

Boards grapple with leading culture and compliance

Ethics and Compliance Leadership Forum, December 2020

Read more here

 

Boards grapple with leading culture and compliance

Ethics and Compliance Leadership Forum, December 2020

Read more here

 

Board oversight of enterprise risk management

Audit Committee Networks, December 2020

Read more here