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ARLINGTON, VA, UNITED STATES, July 28, 2020 /EINPresswire.com/ -- The Association for Data and Cyber Governance (https://adcg.org) announced today that they have named the American Association of Bank Directors an Affiliate Member. “This connection with AABD is a valuable addition to our community as directors of banks have an enormous responsibility to help ensure proper data and cyber governance.”, said Joy Intriago, Managing Director of ADCG.

AABD was founded in 1989 in the midst of the S&L crisis to meet the information, education and advocacy needs of individual bank and savings institution directors. Its Bank Director Core Course is widely recognized in the industry as an excellent primer for new and existing bank directors and is part of the Institute for Bank Director Education Certification Program.

“AABD is delighted to work with ADCG to support bank directors in meeting their responsibilities in data and cyber governance”, David Baris, President of AABD, said.

During the coming year, AABD and ADCG plan to produce a survey and analysis of the common practices of bank boards in data and cyber governance. “The industry is grappling with what kind of involvement that bank boards should have in data and cyber governance. Even though much is written about the need for top leadership to be involved, how that actually is implemented is not clear. Sharing common trends in the industry will provide stakeholders a baseline for future improvements.”, says Intriago.

About AABD
AABD was founded in 1989 in the midst of the S&L crisis to meet the information, education and advocacy needs of individual bank and savings institution directors. Bank regulators expect financial institution Boards of Directors to make informed policy decisions and to act independently to supervise the institution. One way for CEOs and their Boards to demonstrate that the Board is both informed and independent is through membership in the American Association of Bank Directors (AABD)—the only banking trade association in the United States which exclusively serves the information, education and advocacy needs of individual directors rather than their financial institutions.

AABD members enjoy a wide variety of benefits and may earn significant discounts on their D&O insurance through the Director Certification Program. We invite you to utilize the resources of our AABD website and encourage you to join AABD.

AABD Contact:
David Baris
President
Email: dbaris@aabd.org
Telephone: (202) 938-1887

Joy Intriago
Association for Data and Cyber Governance
+1 571-800-1955
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