Chief Financial Officer Forum Group 1

Date:

Jun 6, 2024

Location:
IBA Center for Professional Development
8425 Woodfield Crossing Blvd, Suite 155E
Indianapolis, IN 46240

Click to view PDF Brochure

An Investment in Your Bank’s Future!
These CFO Forums provide an investment for you and your bank’s future by offering a platform and opportunity for noncompeting CFOs and controllers to exchange ideas freely, dissect problems, and discuss important issues with peers. Groups are organized based on bank size and market to ensure that participants have as much in common as possible.


Agenda

Session I: February 8, 2024
Session II: June 6, 2024
Session III: November 14, 2024

8:45 a.m.        Registration
9:00 a.m.        Program Begins
Noon             Lunch
3:00 p.m.        Program Adjourns

Topics

The Topics for each session will flow based on feedback from participants in the forum group.  As necessary, subject matter experts will be brought in to cover specific issues and topics based on responses from forum members. 

POSSIBLE FORUM TOPICS:

  • Accounting issues - FASB guidance on liquidity and interest rate risk disclosures; Evolution of the ALLL toward the Current Expected Credit Loss model; FASB guidance on liquidity and interest rate risk disclosures
  • ALCO issues - Getting the most from your model and your advisor; Board understanding of ALCO issues; Surviving the low/flat rate environment, enhancing your investment portfolio, non—core funding techniques.
  • Bank profitability issues - Squeezing every basis point; Leading indicators of profitability versus lagging indicators; Customer profitability measurement, loan pricing, models, fee income generation.
  • Regulatory issues - Increasing emphasis on enterprise risk management; Stress testing the capital plan; Assessing third party vendor risk, Contingency Funding Plan evaluation
  • Financial reporting issues - The CFO as Chief Measurement Officer; Reports that change behavior; Planning/budgeting issues; Improvements in Board reporting, and Dashboard
  • Personal growth - Making execution a priority; The CFO as a leader; Retention and motivation of financial function personnel
  • Emerging issues - The CFO and cybersecurity; Analyzing technology investments and their risks; Succession planning for CFOs.


 

Speaker(s)

Brian Stremming, President of Stremming Consulting Services, LLC (SCS), will lead the Forum discussion.  SCS provides outsourced CFO services for financial institutions in Indiana and surrounding states.  Prior to forming SCS, Stremming served as Senior Vice President & CFO with Home Bank SB in Martinsville, IN for nearly 12 years.  He is an Associate Member of the Indiana Bankers Association.  Stremming is a graduate of Indiana University (Bloomington, IN), Indiana State University (Terre Haute, IN) and the Graduate School of Banking (Madison, WI).

Additional Information

Benefits of the Forum… 

  • Improve your effectiveness as CFO/Controller
  • Learn what’s working and what’s not in bank financial management
  • Improve the efficiency of your bank’s financial function
  • Form lasting relationships with other CFOs
  • Solve your most pressing concerns
  • Obtain access to highly respected industry experts
  • Grow professionally as well as personally
  • Discuss with peers what works and what doesn’t

How the Forum Works… 

  • IBA will organize the forum based on bank size and market to ensure that participants have as much in common as possible without being competitors
  • The group will be small—no more than 15 participants.
  • The Forum will meet three times during the year
  • Eight to ten topics will be discussed at each session; participants arestrongly encouraged to suggest agenda topics of interest
  • Forum participants get the benefit of working with expert consultants on a cost-saving basis
  • A binder based on Forum topics is compiled for each group member
Fees

The following fees include all three sessions and the program materials.

$1,200 per IBA members

Participation in IBA programs is limited to members and nonmembers from an eligible membership category at applicable member or non-member rates. Surcharge of 100% for Non-Members.

location

IBA Center for Professional Development
8425 Woodfield Crossing Blvd, Suite 155E
Indianapolis, IN 46240

 

Association Contact

Laurie Rees, Vice President - Education & Training
Lrees@indiana.bank
317-387-9380

 

Cancellation Policy

Due to our commitments, the price is inclusive of all three sessions. A full refund for the 3-session forum will be given for cancellations received prior to the first session.  Any registrant who does not cancel before the first session will be billed the full registration fee and send the materials.  Substitutions are welcome at no additional charge.