SVB’s Failure Reminds Boards To Prioritize Risk Management
Chief Executive
MARCH 20, 2023
The board members of Silicon Valley Bank now have the second-largest bank failure in US history on their resume. This is a reminder to all directors that lack of attention to risk management and oversight can sink a company and ruin careers. Additionally, a former bank CEO on the board did not serve on the risk committee.
Let's personalize your content