Executive program - The Board of Directors in the Financial Sector
The 6-day “The Board of Directors in the Financial Sector” program is an executive program on corporate governance, organised in collaboration with GUBERNA. The objective is to train incisive directors to work in the financial business sector.
The objective of this training course is to:
- provide insight into the operation and responsibilities of a Board of Directors and directors;
- provide levers that allow the role of director to be optimally fulfilled;
- provide a comprehensive understanding of the organisation, operation and challenges of a financial institution.
Click here to find more information in our brochure.
Total price *
Members: € 5.610
Non-members: € 6.300
Partner BZB: € 5.610
Incompany: tailor-made, prices on request
* Price: service in the context of continuing professional training, exempt from VAT
CPD Hours
Compliance: 36h general
Banking: 36h general
Insurances: 36h general
Mortgage credits: 36h general
Consumer credits: 36h general
Continuing Professional Development
Exam/CPD
500176 permanent education mortgage loans
500176 permanent education consumer loans
600.013 permanent education banking
700.010 permanent education insurance
/ permanent education compliance
Please let us know you're interested in this training should there be no date available, the planned date does not suit you and/or this session is full. As soon as about 5 people are registered on the interest list, we will propose a new course date. Your registration on the interest list is free of charge and without any obligation.
Target group
The programme can be followed by the following target groups:
- candidate directors;
- experienced directors from other sectors;
- existing directors (CEOs, COOs, CFOs and other senior executives).
Required prior knowledge
Expert level training: this training requires thorough prior knowledge of the subject.
Programme
CONTENT
Module 1: The financial landscape and regulatory outlook - day 1 (duurtijd: 4,5 uur)
Lecturer: Freddy van den Spiegel
Guest speakers: Nicolas Strypstein & Tom Boedts
- The financial system and financial intermediation in our society
- Architecture and governance of the financial system
- Focus on the role and evolution of banks
- Focus on the role and evolution of insurance companies
- Focus on the role and evolution of other financial intermediaries
- Regulation
- Elements of financial risk and risk management
- Strategic challenges for financial intermediaries : the new risks/opportunities
- Keynote : The role of the regulator in the Belgian & European context
- Keynote : The future of banking : Banking as a Service.
Module 2: Governance of the Financial Institution - day 2 (duurtijd: 4,5 uur)
Lecturers: Guberna & Caroline Veris
Guest speaker: Bart De Smet
- Interactive workshop on governance
- A summary of the reference framework for governance in the financial sector
- Applicable regulations and guidelines of the supervisors
- Important trends and impact on the board
- An optimal composition of the Board of Directors
- Basic principles and best practices
- Specific requirements for the financial sector
- Keynote: Corporate Governance for Insurance Companies - case study Ageas
Role of Board of Directors - day 3 (duurtijd: 4,5 uur)
Lecturers: Guberna & Caroline Veris
Guest speakers: Michaël Anseeuw & Stephanie De Bruyne
- The role of the board of directors : finding the right balance
- Interactive session based on dilemma’s in relation to
- Committees
- Independent audit functions
- Executive management
- Supervisors
- Shareholders (incl. relevant points for attention within the group structure)
- Handling conflicts of interest
- Keynote: The Fox and the Hedgehog
- Keynote: Innovation
Module 3: Operation of a financial institution - day 4 (duurtijd: 4,5 uur)
Lecturer: Alexandre Deveen
Guest speaker: Georges Hübner
- Introduction
- Financial institutions within the Eurozone (MFIs, IFs, FVCs, PSRIs, ICs)
- The foundations of banking and insurance
- Expected return and risks
- Supervision
- The Banking Model
- Balance sheet
- Income statement
- Regulations and challenges
- Products and services
- Points for attention
- The insurance model
- Balance sheet
- Regulations and challenges
- Life insurance
- Non-life insurance
- Pension plans
- Banks versus insurance institutions
- Interest Rate Risk
- Product Risk
- Balance sheet Risk
- Balance sheet immunization
- Conclusion: the future of financial services
- The role of the audit and risk committee
Module 4: Risk Management of a financial institution - day 5 (duurtijd: 4,5 uur)
Lecturer: Wouter Hertegonne
Guest Speakers: Eric Pulinx and Els De Keyser
- Interactive workshop on Risk management
- Introduction: financial markets
- Risk management: definitions and concepts
- Identification of the different risks
- Risk Management in a trading environment
- The ALM concept
- Important risk-related concepts
- Period of reflection for board members, probability and impact of risks
- Recovery planning
- Keynote: The role of the regulator in the Belgian & European context
Liability of board of directors - day 6 (duurtijd: 4,5 uur)
Lecturers: Guberna
Guest speakers: Tamar Joulia-Paris, Frédéric Vangheluwe & Marieke Wyckaert
- Preliminary study : E-learning : Introduction to Sustainable Finance
- Evolution in Risk management: The impact of sustainability and diversity combined with a case study
- Roles and responsibilities of directors in the financial sector: the legal perspective
- Interactive workshop: the evaluation of the functioning of the Board of Directors
- Which process?
- What is the content?
- Framework based on basic principles and best practices as well as relevant legal provisions
PRACTICAL INFORMATION
- Duration: 6 days of training (6 x 6 class hours)
- Hours: 12:30 to 19:15, followed by a dinner
- Dates: 13/09/2023 - 27/09/2023 - 25/10/2023 - 08/11/2023 - 29/11/2023 - 06/12/2023
- Location: Febelfin Academy: Phoenix building, Koning Albert II-laan/Boulevard du Roi Albert II 19, 1210 Brussels
- Language: This training will be given in English
- Registrations: To encourage interaction and learning experiences, we limit registrations to a maximum of 5 participants from the same organisation. If more persons wish to enrol, this training can also be organised within the company. Feel free to contact : Ingrid.Goris@febelfin-academy.be.
Methodology
You follow a ‘Classroom training’ face-to-face in a group. You, the other participants and the teacher are all present in the same classroom at an agreed time. There is an opportunity for interaction and feedback, both from the participants to the teacher and vice versa. The teaching material consists as a basis of a presentation via the MyFA learning platform, supplemented with various other items (such as digital syllabus, presentation, audiovisual fragments, etc.).
Teachers
Caroline Veris
Compliance & audit
Alexandre Deveen
Retail banking
Risk, finance & treasury
Private banking & asset management
Taxation & regulations
Compliance & audit
Tamar Joulia-Paris
Risk, finance & treasury
Freddy Jozef A Van den Spiegel
Retail banking
Risk, finance & treasury
Private banking & asset management
Els De Keyser
Retail banking
Compliance & audit
Taxation & regulations
Frédéric Vangheluwe
Insurances
Risk, finance & treasury
Nicolas Strypstein
Compliance & audit
Tom Boedts
Risk, finance & treasury
Retail banking
Compliance & audit
Bart De Smet
Taxation & regulations
Insurances
Compliance & audit
Michael Anseeuw
Retail banking
Eric Alain Pulinx
Risk, finance & treasury
Private banking & asset management
Saartje Verbeke
Compliance & audit
Maria Elisabeth Wyckaert
Taxation & regulations
Stephanie De Bruyne
Retail banking
Clearing, settlements & payments
Sandra Gobert
Taxation & regulations
Compliance & audit
