Jan 28 - The Graduate School of Banking at Colorado will offer a new program tailored toward preparing up-and-coming leaders for the C-level suite in community banks. GSBC will host the first of four sessions of the Executive Development Institute for Community Banks April 27-30 in Westminster, Colo.
This 19-month program will offer four in-person sessions in Colorado, and will offer a small cohort of participants an individualized curriculum aimed at preparing them to successfully uphold the responsibilities of a C-level executive in a community bank.
It is estimated that more than 50 percent of individuals holding a C-level title will retire or otherwise leave banking within the next five years. Coupled with the significant regulatory and economic challenges community banks have experienced in the last decade, GSBC’s president Tim Koch suggests that the community banking model must change to remain viable.
“This program is for individuals who have been identified by their organization as a potential C-level executive—who might eventually become the bank’s CEO,” Koch said. “The sessions will focus on strategic issues that current CEOs routinely address rather than pure tactical issues, and will position the participants to better anticipate issues before they arise in the future. We see this program as responding to a significant need of executive-level training in community banking today.”
GSBC’s Executive Development Institute for Community Banks will provide participants with a personal executive coach and one-on-one mentoring by a community-bank CEO from a comparable institution outside his or her trade area. Program takeaways are specific to participants’ institutions, and include, but are not limited to:
“GSBC has made a significant contribution to my development as a banker, a professional and person,” said Kyle Russell, president of Verus Bank in Derby, Kan. “The addition of the Executive Development Institute is another example of the innovative, timely and meaningful contributions GSBC continues to make to the future success of community banks.”
Interested parties can click here to visit the Continuing Education page on the GSBC website for more information, including a list of faculty, coaches and mentors, course listings and an application. Candidates must apply by March 10 to be considered for admission.