What steps is Bank of Tucson taking to develop its board of directors so it continues
to play a vital role in developing business for the bank well into the future?
At Bank of Tucson, we incorporate the philosophy that “Knowledge is Power” in our
day-to-day activities. What is knowledge? Knowledge is: every member of the team
having an understanding of all facets of banking, including being educated on products
and services offered; knowing our customers; knowing the regulatory expectations;
as well as what is required to achieve the financial success of our bank.
This knowledge is vital in the continued development of our board of directors.
The success of our board of directors relies heavily on the effectiveness of our
management. The way in which we are accomplishing this is through day-to-day interaction
between management and all directors.
To ensure continued success well into the future, especially with a challenging
economic environment and complete paradigm shift in banking, we have placed our
focus on the future leaders of Bank of Tucson. We have created a Young Management
Leaders Program within the bank where members are identified by senior management
along with an advisory board consisting of young up-and-coming business leaders
within the community. Our senior management works together with our young leaders
to develop the knowledge needed to run a successful bank. Utilizing the aforementioned
knowledge and strategies, we equip the bank with a strong group of leaders who have
the power to continue contributing effectively toward the future success of the
bank.
— Michael F. Hannley, President & CEO