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TRAINING_CEO/Senior Management
February 02, 2024 - February 03, 2024
Please join us for the 2023 CEO/Senior Management Workshop. Today’s chief executive officers, senior bank management and emerging leaders must anticipate the many market forces driving the post-pandemic environment that propel change, new business models, growth opportunities, and profitability in 2023 and beyond. MBA’s CEO/Senior Management Workshop addresses many of these important needs while helping to shape Association policy for the year ahead. This unique two-day conference brings together an impressive line-up of industry experts and advisors to provide presentations on the timely issues, challenges, and opportunities facing the Massachusetts banking industry. We are excited to be holding the conference in person again.
In addition to the workshop, we are excited to host an Industry Celebration on Thursday evening to honor those who may have retired since March 2020 and didn’t get a proper sendoff. It will be wonderful to catch up with old friends we may not have been able to connect with in the last two years. Please invite your senior executive who retired during the pandemic so we can celebrate them in person, you can register them or send their information to Meghan McCarthy, mmccarthry@massbankers.org, and we will send a separate invitation.
Preliminary highlights of the program include:
Diversity, Equity, and Inclusion Steering Committee Panel: In the summer of 2021, the MBA formed a DEI Steering Committee to position the Association and the industry as leaders in promoting social and economic inclusion and equity. Please join us for this interactive panel to discuss how banking institutions can elevate their DEI successes or begin their journey incorporating DEI into their workplace. Our goal is for the MBA is to act as a resource for our members on the long-term path of embracing, celebrating, and supporting the unique differences of our employees, clients, and our communities.
Setting MBA’s Agenda for 2023
MBA’s leadership will discuss our policy agenda for 2023.
MBA Hackathon
A hackathon is an event that brings together experts and creates a collaborative environment for solving a certain problem. While most hackathons revolve around computer programming and IT, many other industries follow suit. Today, it's possible to find HR hackathons, economics hackathons, music hackathons, and the like. They drive innovations, generate ideas, create networking opportunities, and open new horizons. Join us for the first MBA Hackathon session.
Emerging Leaders: Special Thursday Session
We invite your bank’s Emerging Leaders and graduates of the New England School for Financial Studies to join us Thursday, February 2, for the day’s program, the reception, dinner, and evening’s Industry Event. As succession planning and leadership development become vital to our industry’s future success, we urge you to choose emerging managers/leaders from your institution to attend this informative industry session. The cost for this special Emerging Leaders one-day session is only $375. Emerging Leader Overnight Registration is $565.
Registration for the CEO/Senior Management Workshop opens at 1:00 p.m. on Thursday, February 2, with the formal program beginning at 1:30 p.m. The day’s presentations conclude with the Industry Celebration. The program will continue on Friday, February 3, adjourning at approximately 12:30 p.m.
All participants are encouraged to stay at the Westin Hotel on Thursday evening and attend both days of the program. The workshop cost is $850, including overnight accommodations, a light lunch, the reception and dinner on Thursday, and breakfast and lunch on Friday. For those who are unable to stay overnight, the cost of the program is $675. For those signing up just for the Industry Celebration, the fee is $345. Please call for special arrangements if you want to attend only one day of sessions.
The deadline for guaranteed room reservations is January 12, 2023, so please register early. A final agenda will be sent to you before the workshop. If you have questions, contact Meghan McCarthy at the Association office, (617) 523-7595 or mmccarthy@massbankers.org.
Cancellation Policy: A $200 per person cancellation fee will be deducted from the refund. However, registration fees are forfeited when cancellations occur within three business days before the event. Substitutions are permitted. No show registration will not be refunded however, the materials will be sent upon request.
For more information on program content, contact Meghan McCarthy, VP of Professional Development
For registration/cancellation information, contact Jessie Connors, Program Registrar & Administrative Assistant Education
Agenda
Sponsorship Function |
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Candy Bar at Registration Table
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$1000.00 | |
Continental Breakfast
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$1500.00 | |
Coffee Breaks
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$1000.00 | |
Cocktail Reception (Co-Sponsorship)
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$1000.00 | |
Folders
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$1000.00 | |
Key Cards
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$2000.00 | |
Lanyards
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$1500.00 | |
WiFi
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$1500.00 | |
Friday - February 02 | ||
9:00 am - 11:00 am | ||
Session 1
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This is a training session. |
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1:00 pm - 1:30 pm | ||
Registration
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Session 2
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1:30 pm - 1:45 pm | ||
Welcoming Remarks – Eden Vale Ballroom
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Peter G. Brown, President, and CEO, Dedham Savings and Immediate Past Chair, Massachusetts Bankers Association |
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1:45 pm - 2:45 pm | ||
Reimagine ALCO - Strategies in an Inverted Yield Curve Environment
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Frank L. Farone, Darling Consulting Group, Boston, MA The perfect storm of events has shaken up the banking world and created one of the most challenging environments in many bankers’ careers. After managing through the lowest interest rates in decades and experiencing an unprecedented historical deposit surge creating an excess liquidity crisis, now an inflation-driven “shocked” rate environment is turning the liquidity and deposit picture upside down. Interest rate risk, unrealized losses and capital pressures are causing bankers to make difficult decisions to mitigate balance sheet risk exposures. The level of balance sheet risk has become elevated with a high degree of uncertainty for any relief on the horizon. ALCOs can and should attack balance sheet challenges head-on. The session will cover two themes: first, sharing specific strategy ideas and case studies to address today’s balance sheet challenges; and second, sharing ideas to transform ALCO into a “Profit Center.” |
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2:45 pm - 3:45 pm | ||
"Members Reflect on Their DEI Journey- Everyone Starts Somewhere"
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Moderator: Kathleen M. Murphy, President & CEO, Massachusetts Bankers Association, Boston, MA Panelists: Jonathan H. Dowst, President & CEO, Pentucket Bank, Haverhill, MA Tanya M. Duncan, EVP, of Revenue and Strategy, Massachusetts Bankers Association, Boston, MA Daniel R. Moriarty, Sr., President & CEO, Monson Savings Bank Gilda M. Nogueira, President & CEO, East Cambridge Savings Bank |
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3:45 pm - 4:15 pm | ||
Refreshment Break – Eden Vale Foyer
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Cobblestone Management, LLC |
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4:15 pm - 5:30 pm | ||
“Demystifying Open Banking: Why Innovation is the Bank Brand of the Future”
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Virginia Heyburn, Director - Research, Insights & Advocacy, Engage fi Open Banking is the buzzword of the day in banking circles, creating confusion and concern around what banks should do next to better understand and create new possibilities promised by the pundits. Far more than the obvious API- based integration advantage, Open Banking is, first and foremost, a business strategy for the future. As the financial industry transforms into a platform economy, Open Banking opens doors for banks to create new revenue paths and new ways of acquiring and expanding customer relationships. Ownership of the digital experience and a robust data management strategy will now be prerequisites for banks of all sizes. This session will build a business case for Open Banking that shows the possibilities for new revenue streams and the need for Open Banking strategies across both core banking and digital banking. |
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5:30 pm - 6:30 pm | ||
Reception – Eden Vale Foyer
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Sponsored by Nutter, Boli Coli and Mass Development |
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6:30 pm - 7:30 pm | ||
Dinner – Eden Vale Ballroom
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Sponsored by Pannos and BCBS |
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7:30 pm | ||
“Industry Celebration”
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Saturday - February 03 | ||
8:00 am - 8:30 am | ||
Breakfast – Eden Vale Foyer
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Sponsored by Crowe |
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8:30 am - 8:35 am | ||
Call to Order – Eden Vale Ballroom
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Peter G. Brown, President, and CEO, Dedham Savings and Immediate Past Chair, Massachusetts Bankers Association |
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8:35 am - 9:00 am | ||
“Washington Update”
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Rob Nichols, President and CEO, American Bankers Association, Washington, DC |
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9:00 am - 9:10 am | ||
“MBA PAC Report”
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Robert J. Fraser, President & Chief Executive Officer, MountainOne, North Adams, MA |
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9:10 am - 9:55 pm | ||
“Review of MBA’s Agenda for 2023”
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Kathleen M. Murphy, President & CEO, Kathleen M. Murphy, President & CEO, Massachusetts Bankers Association, Boston, MA Panel: Ben Craigie, Senior Vice President, Professional Development Group, MBA Tanya M. Duncan, Executive Vice President of Revenue and Strategy, MBA Brad S. Papalardo, Senior Vice President, Chief of Government Affairs & Counsel, MBA |
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9:55 am - 10:55 am | ||
MBA Hackathon
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Group 1 – Eden Vale C-1 Group 2 – Eden Vale C-2 Group 3 – Eden Vale C-3 Group 4 – Emerson Room Group 5 – Lincoln Room Group 6 – Eden Vale Ballroom |
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10:55 am - 11:15 am | ||
Summary of Hackathon
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11:15 am - 12:00 pm | ||
“The Mass Fintech Hub, Bank Innovation and Collaborative Success”
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Sarah Biller, Executive Director - Vantage Ventures, CoFounder FinTech Sandbox & CMX |
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12:00 pm | ||
Lunch and Adjourn
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Sponsored by ICBA |
Speakers
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