Board members in a conference room

Bankbeat: Agenda item number one: Good governance

Bankbeat recently spoke to governance advisors and community bank leaders including Baker Tilly's Kevin Schalk about how banks can make the most of their boards. This includes best practices for nominating directors and charting courses for future prosperity and growth.

When discussing effective board and committee structures practice leader Kevin Schalk stated, “Everybody on the board can’t know the same stuff; there’s no time. You’ve got to have these committees where one or two people on the board can really dive into those details. They become experts in that area and then can report high-level to the rest of the board.”

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Kevin Schalk