About
Governance, sustainability, risk and organisational design expert with experience in…
Activity
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How important is Governance as a pillar of ESG? We're delighted to be part of Euronext's #sustainability week and to have Rodrigo Rodriguez Gestal…
How important is Governance as a pillar of ESG? We're delighted to be part of Euronext's #sustainability week and to have Rodrigo Rodriguez Gestal…
Liked by David Risser
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Proud that Sodali & Co has officially become a Friend of EFRAG Sustainability Reporting, demonstrating our commitment to the development of…
Proud that Sodali & Co has officially become a Friend of EFRAG Sustainability Reporting, demonstrating our commitment to the development of…
Shared by David Risser
Experience
Licenses & Certifications
Volunteer Experience
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Board member and Treasurer, Member of the Nomination Committee
Amnesty International
- 6 years 5 months
Human Rights
Amnesty International is a global movement of more than 7 million people in over 150 countries and territories who campaign to end abuses of human rights.
Publications
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Corporate governance of banks in Transition Countries
Springer
This paper contributes to our understanding of corporate governance in
the banking sector by focusing on transition countries. We examine to what extent transitional countries have embraced the wave of new standards introduced by the Basel Committee, the Financial Stability Board or the European Banking Authority.
Our analysis focuses on the main governance weaknesses targeted by the new regulatory and governance best practice framework. Questionnaires and interviews cover board…This paper contributes to our understanding of corporate governance in
the banking sector by focusing on transition countries. We examine to what extent transitional countries have embraced the wave of new standards introduced by the Basel Committee, the Financial Stability Board or the European Banking Authority.
Our analysis focuses on the main governance weaknesses targeted by the new regulatory and governance best practice framework. Questionnaires and interviews cover board composition and functioning, bank’s strategy and risk appetite, risk governance, and incentives. The analysis is carried out in 16 countries in six regions. We show that governance practices of banks diverge within and across countries, shaped by different legislations, supervisory modes and governance frameworks. Responses to questionnaires indicate that board composition and functioning is the weakest governance part of the chain. Besides, board independence remains one of the biggest issues. In most cases, the board is also barely involved in setting and monitoring risk appetite. Finally, in most countries compensation is tied to short term business performance rather than to governance values and strategic goals. Overall, the large majority of surveyed banks present an embryonic risk culture and boards have a vast agenda ahead, beginning with strengthening risk management and changing incentives.Other authors
Languages
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English
Full professional proficiency
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French
Native or bilingual proficiency
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Czech
Professional working proficiency
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Spanish
Limited working proficiency
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German
Limited working proficiency
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Indonesian
Elementary proficiency
More activity by David
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📣 We are happy to announce that 7 companies have officially become Friends of EFRAG - Sustainability Reporting, demonstrating their commitment to…
📣 We are happy to announce that 7 companies have officially become Friends of EFRAG - Sustainability Reporting, demonstrating their commitment to…
Liked by David Risser
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Join Dexter John who will speak on the panel "Let's Stop Calling Them Board Evaluations," along with Canada's top governance professionals: Camille…
Join Dexter John who will speak on the panel "Let's Stop Calling Them Board Evaluations," along with Canada's top governance professionals: Camille…
Liked by David Risser
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🎬 Exciting New Release: A short video on the role of the board in Europe by ecoDa a.s.b.l - The European Confederation of Directors…
🎬 Exciting New Release: A short video on the role of the board in Europe by ecoDa a.s.b.l - The European Confederation of Directors…
Liked by David Risser
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I'm thrilled to share we made the Inc. 5000 list of America's fastest-growing private companies! This incredible achievement is a testament to our…
I'm thrilled to share we made the Inc. 5000 list of America's fastest-growing private companies! This incredible achievement is a testament to our…
Shared by David Risser
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🎉 Exciting News! 🎉 We are thrilled to announce that we made the Inc. 5000 list of America's fastest-growing private companies! This achievement…
🎉 Exciting News! 🎉 We are thrilled to announce that we made the Inc. 5000 list of America's fastest-growing private companies! This achievement…
Liked by David Risser
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At Imperial College Executive Education we have a number of executive climate and sustainability courses that equip leaders with the knowledge…
At Imperial College Executive Education we have a number of executive climate and sustainability courses that equip leaders with the knowledge…
Liked by David Risser
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