10 MARCH / APRIL 2020 COVER STORY Proudly Presenting The 2020 IBA Board of Directors The Indiana Bankers Association has been thriving in several measurable categories: advocacy successes, education/ event attendance, relations with service providers, communications outreach and notable financial strength. Additionally, the IBA has been marking achievements in all areas of its ambitious strategic plan. This positive standing is possible due to the sound guidance of the IBA Board of Directors, which acts as the governing body of the Association. To ensure continued success in bringing top talent to the board in the scenario of fewer future bank members due to mergers and acquisitions, effective Jan. 1 the board has been reconfigured. Its current membership consists of 17 members instead of the prior number of 21 board members. The 17 members of the 2020 IBA board are: three elected officers; the immediate past chairman; the Association president/CEO; two national association representatives; the president of the IBA Future Leadership Division; one non-Indiana headquartered bank director; two at-large directors; and six regional directors. Previously the IBA assigned four regions in the state, with three directors assigned to each. Currently there are two regions – north and south – with three directors each. New to the board in 2020 are two at-large directors, whose presence helps to compensate for fewer region-specific directors. This arrangement gives flexibility in filling board posts to alleviate the challenge of selecting directors from a shrinking market. The functions of the IBA board remain the same as before: to develop IBA policy and to establish longrange goals and objectives. Importantly, the board also helps determine IBA’s legislative programs and positions on banking-related issues. The IBA board acts with the same authority as the board of a bank or a corporation. An executive committee – composed of the chairman, first and second vice chairmen, immediate past chairman, Association president/CEO and two appointed directors – is authorized to act in lieu of the board between regular board meetings. Officers serve one-year terms and are elected by the membership at the IBA Annual Convention. Members of the board assumed their positions on Jan. 1. Following are the IBA officers for 2020: Lucas White Lucas White, IBA chairman, is president of The Fountain Trust Company, Covington. He joined the Lucas White leads the first board meeting of 2020 in January.
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