ABA Banking Journal - July/August 2015 - (Page 9)

UPfront Rob Nichols to Be ABA's Next President and CEO Rob Nichols, an accomplished Washington policy hand, was in late May announced as ABA's next president and CEO. The current president and CEO of the Financial Services Forum and a former assistant secretary at the Treasury Department, Nichols will join ABA later this summer upon Frank Keating's retirement after five years at the helm. "Rob Nichols will be a superb leader of ABA," says ABA Chairman John Ikard, who is also president and CEO of FirstBank Holding Co., Lakewood, Colo. "The banking industry is undergoing a great deal of change. We sought a visionary, strategic leader with demonstrated public policy acumen, a keen understanding of the entirety of the banking and financial system, and a strong track record of both strategic management and bipartisan advocacy. Rob Nichols hits the mark on all counts, and we are delighted that he will be leading our organization." Nichols is "deeply honored to take on the responsibility of leading ABA," he says, adding that "the nation's economic growth prospects depend on banks of all sizes and models in order to effectively serve the needs of local communities, clients and customers. ABA is uniquely positioned to rigorously make this case to legislative, regulatory and administration audiences. "I look forward to the opportunity of serving ABA and will work tirelessly with members and the state bankers associations to improve the public policy environment in which all banks operate," he remarks. Nichols' appointment won accolades from across the banking community. "I am certain that Rob will be a superb leader of all of the financial institutions represented by the ABA-small, medium and large," says longtime community banker Betsy Duke, who served on the Federal Reserve Board from 2008 to 2013. "He is a strategic leader with a strong vision of where the ABA needs to be positioned in the future, and has an impressive track record as someone who is both highly knowledgeable about the banking industry and highly effective as a Washington advocate."  Howard Boyle, president and CEO of the $164 million Hometown Bank in Kent, Ohio, echoes Duke's remarks. "Rob has a vision for the future of the ABA, and I was particularly impressed with his keen recognition of the value of community institutions to the banking industry," he says. "It's clear to me that he will be a superb spokesman and advocate for our industry." Ikard saluted Keating for his service, noting that he "accepted this position during very difficult and trying economic times for our nation and for our nation's banks" and "did a superb job of rallying our members, celebrating the key role they play in the vitality of their communities and the economy as a whole." Prior to leading the Financial Services Forum, Nichols was for more than four years assistant secretary of the Treasury for public affairs during the George W. Bush administration. He was previously communications director for the Electronics Industries Alliance and a senior aide on Capitol Hill. "The nation's economic growth prospects depend on BANKS OF ALL SIZES AND MODELS to effectively serve the needs of local communities, clients and customers." - Rob Nichols aba.com/BankingJournal | ABA BANKING JOURNAL 9 http://bankingjournal.aba.com/

Table of Contents for the Digital Edition of ABA Banking Journal - July/August 2015

CHAIRMAN'S VIEW
UPFRONT
OPERATIONS
ECONOMIC OUTLOOK
PICTURE THIS
BANKING’S APPALLING REGULATORY STRUCTURE
HOW BANK CULTURE DRIVES SUCCESS
KEY CONSIDERATIONS FOR CREATING SUCCESSFUL BOARDS
VENDOR RISK MANAGEMENT
FIVE RISKS THAT WILL SHAPE BANKING’S FUTURE
CEO SYMPOSIUM
MOBILE BANKING
PAYMENTS
ABA COMPLIANCE CENTER INBOX
INVESTOR PERSPECTIVE
COMMUNICATIONS
REAL ESTATE LENDING
LEGAL BRIEFS
FROM THE STATES
BANKER RECOMMENDED READING
INNOVATIONS IN SOCIAL RESPONSIBILITY
INDEX OF ADVERTISERS

ABA Banking Journal - July/August 2015

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