Succession Plan For A Bank/ Financial Institution

hi to all.....

I seek help from my all colleagues overhear to " draw succession plan for a Bank/ Financial Institution with regard to the following.

Succession plan,concept, module and its requirement in a bank/ financial institution.

What are the necessary requirement { factors } need to be considered in succession planning, like education, experience, skills, diversity etc.?

The hierarchy in Bank is like.. CEO, SEVP, EVP, SVP, VP .... the succession planning is needed only for these levels.

The Bank/ Financial Institution has the segmentation of.. Corporate Finance Dev, Treasury Operation Dev, Credit Adman Dev, Portfolio/ Equities Dev, Internal Audit Dev, HR Dev, Finance/Accounts Dev, IT Dev, Law Dev, Compliance Dev, etc..

Each Division is headed by EVP, SVP level Position....However down the line there are gaps in hierarchy..

Can there be a way to describe succession plan in a chart / graph like organograms are drawn..

Urgent help/ support is needed since I have to prepare a report for Board of Directors for its meeting on27-6-05.

best regards

Maced

Succession planning is done for key positions and not only for top executives. I will send you a model of succesion planning which we have develop.

Respected Sir,
I would be grateful if you could share the replies and the final succession plan designed by you. I am a Chartered Accountant pursuing MBA with a keen interest in HR.
Also kindly enlighten me about the following:
- Is the succession plan a formal document ?
- How does one go about drawing it?
- How often is it revised/refined?
- Any other issues related to it.
Thank you.

hi Jayendran.. I am sorry to inform that I did not receive any response on succession planning in Bank so for. At my own I am trying to gather some notes.. I would be too pleased to send you the reply as soon as received from someone..Regards

Hi

You can see same topic at the side bar of this site. You can find out some thing same your questions.

I sent some good materials to Tommy, pls read mail and give feedback.
Apart from that, you also ref more information at: Succession Planning Books
Rgs