Wiley Releases 'Rebuilding Trust in Banks: The Role of Leadership and Governance' Publication

Nov. 26, 2013 - PRLog -- Wiley announces Rebuilding Trust in Banks: The Role of Leadership and Governance, a new addition to their finance books offering. The book is a unique study of leadership and governance in banking, featuring leadership lessons of four banks’ Chief Executive Officer: Stan O’Neal, Jimmy Cayne, Richard S. Fuld and Fred Goodwin.

Rebuilding Trust in Banks looks at the critical roles of boards in governance and clarifies why banks failed in 2008 and beyond.

According to the Malaysia-based author John Zinkin, too many of the highly profitable products that banks have developed over the past twenty years have not been socially and economically useful.

"They do not serve the real economy, but are traders among banks that have led to the straying of banks’ original and primary purpose to serve as a conduit between those who have money and those who need it,” he explained.

Zinkin argues that leadership alone is not enough. “Only by setting the right ‘tone at the top’ and the right ‘tone in the middle’, and by relearning that they succeed when their customers succeed, will trust be restored,” he said.

The book offers a detailed examination of how successful, transformational leaders can end up destroying the organizations they had taken to market leadership. The lessons and recommended steps for rebuilding trust in banks will provide guidance to creating a sustainable long-term business in financial services.

Topics include:
- Napoleon’s leadership lessons to the failed transformational leadership
- Ethics in finance and setting the tone at the top
- Issues of organizational integrity
- Discussion and comparison between theory and reality of bank governance
- Explains why good governance matters and how to achieve it; and much more.

Advance Praise for Rebuilding Trust in Banks:

"John Zinkin's exploration of leadership, governance, and regulation after the financial crisis is thoughtful, practical, and wise. This book will be an indispensable prop for directors of banks around the world."
—John Plender, columnist, Financial Times

"Extremely thorough, comprehensive, topical, relevant, and user-friendly."
—Youssef Nasr, Independent Director, Board of Directors, Brookfield Asset Management

"This book has important messages for the directors of every major company, particularly where the roles of chief executive and chairman of the board are combined."
—Bob Tricker, Honorary Professor, The University of Hong Kong, and author, Corporate Governance: Principles, Policies and Practices

More information on Rebuilding Trust in Banks is available at Wiley’s website at: http://as.wiley.com/WileyCDA/WileyTitle/productCd-1118550382.html.

The book will be available from the Wiley Online Store (www.Wiley.com), and through all key online book retailers and major bookstores.

Wiley is a global provider of content and content-enabled workflow solutions in areas of scientific, technical, medical, and scholarly research; professional development; and education. Established since 1807, Wiley has been a valued source of information and understanding for more than 200 years, helping people around the world meet their needs and fulfill their aspirations.

John Zinkin is Managing Director of Zinkin Ettinger Sdn. Bhd. and faculty member of the Iclif Leadership and Governance Centre, Malaysia, specializing in training boards in Ethics and Governance. He was previously Managing Director of Corporate Governance at the Iclif Leadership and Governance Centre, Malaysia. Before that he was the CEO of the Securities Industry Development Corporation (SIDC) – the training and development arm of the Malaysian Securities Commission - where he was responsible for taking the company from its incorporation to financial self-sufficiency. Since moving to Malaysia in 2001, he has been Associate Professor of Marketing and Strategy at Nottingham University Business School, Malaysia Campus and he has his own independent consulting company. He is also a member of the Global Coaching Partnership based in Sydney.