Board of Directors and Senior Executive Team Paperless Initiative

As of 2012, the Board of Directors (BOD) and the Senior Executive Team (SET) of a Tier One Canadian bank were conducting their meetings in a paper format, including documentation mailing, representing a significant risk to the organization due to the potential loss of highly sensitive information. Furthermore, the management of paper material required significant administrative effort from delivering the material by mail for offsite directors (i.e., approximately 15 directors) to the shredding of the material post meeting (i.e., in excess of 100 pages for each compiled board document).

Board of Directors and Senior Executive Team Paperless Initiative

download