Growth and Sustainability are the key themes we focus on.
We believe that growth will re-emerge as a key focus for Dutch banks once the crisis has normalized. More importantly, we are convinced that growth will only be sustainable if it fulfills the purpose of servicing clients, communities and societies. While deleveraging and optimization will remain high on the priority list of all banks for the period to come, those who succeed in charting a renewed path to growth, and developing a more robust funding model and improved access to permanent capital, will likely emerge stronger and healthier.
Translating our vision into examples of projects:
Develop growth strategies and respective change programs that are not only consistent with market/client expectations, but also consistent with Balance Sheet and Risk priorities.
Develop Governance and Processes to reconnect the engine room with the cockpit: The connecting mechanism linking ALM, Risks, Products, and Businesses is not always optimal at large banks. Current crisis and the changing regulatory requirements put pressure on banks to re-align and re-calibrate this connecting mechanism, in order to address the structural challenges faced by banks.
Update Performance Management: In order to re-align and re-calibrate the above mentioned connecting mechanism, a continuous “consistency review” mechanism needs to be in place to check on the link between Balance Sheet, Risk and Business, in short, KPI’s used by Businesses should reflect the Balance Sheet and Risk priorities.