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Banks face increased conduct risk from rising interest rates, commercial real estate debt, changing lending patterns,AI, and remote work, requiring better risk management
Robert Voth co-leads the consumer and commercial financial services practice at executive search and leadership advisory firm Russell Reynolds Associates.
If history is any guide, periods of disruption in the industry are followed by regulatory resets, which in turn force banks to compete for the talent needed to meet new compliance demands.
American Express, LendingClub and Webster Bank are among the financial firms that named new chief information officers and chief technology officers.
The bank is also partnering with a university-affiliated startup incubator in its effort to hire 200 people with tech skills in the southern part of the state.