Business Continuity & Succession Planning

To maintain public trust and confidence, it is essential that bank operations are resilient and able to minimize the effects of disruptions, whether arising from natural disasters, financial shocks, or loss of key personnel. Planning for business continuity and the succession of key employees is critical to ensure that banks avoid potential risks to safety, soundness, operations, and reputation. In this webinar, we will review the necessary components of a business continuity plan, the steps for developing, implementing, and testing BCPs, and the importance of including succession planning in a bank’s long-term thinking.