Business
Bank boards ‘ill-prepared’ to make key technology decision, says Accenture – The Australian Financial Review
A lack of technology experience among bank directors could become a problem for banks gearing up for the next big wave of investments, Accenture has warned.
While this is an improvement on five years ago, when 8 per cent of Australian bank board members had some level of technology experience, it is a long way from Britain, where 26 per cent of directors have technology experience, or the US, where 19 per cent of directors have tech experience.
Accenture is, of course, too polite to score individual banks. But Chanticleers quick assessment suggests CBA has the highest proportion of tech experience as defined by Accenture at two of nine directors, while…
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