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Banks seek directors with business overview and expertise
TheStreet.com
As the credit crisis deepens banks are searching for board members with relevant experience and expertise to prevent another meltdown in the future, reports TheStreet.com. According to Rob Sloan, a consultant at Egon Zehnder International, New York, financial companies need directors with a “holistic view of the business.” This may have been lost to firms with experts in esoteric fields like structured finance serving on their boards, Sloan observes. |
