Bank Director's 2026 Governance Survey Highlights M&A Expertise and AI Oversight in Boardrooms
The Bank Director 2026 Governance Best Practices Survey reveals that financial institution boards are adapting to increased merger activity and the growing influence of artificial intelligence. The survey shows a rise in board members with M&A expertise, from 34% in 2025 to 44%, driven by faster regulatory approvals and better valuations. AI is becoming a key governance issue, though only 21% of boards have directors with AI experience. While nearly half discuss AI risks at the full board level, one-fifth report no oversight for these issues. Boards are also adjusting policies related to AI use in areas like liquidity planning and credit monitoring. The survey highlights evolving recruitment practices as well, noting that most boards still rely on personal networks but recognize a need to expand talent sourcing beyond traditional channels.
Topics: artificial intelligence (AI) director recruitment governance M&A expertise