With the expertise on these highly complex products being confined to a very small group of specialists, the senior management and the Board of Directors were unable to provide adequate oversight, resulting in governance deficit.
IT is also a highly specialized field and from governance perspective, it is important that Directors of banks have a reasonable grasp of the issues involved so that IT can be used in most optimal way in banks. 5. The topic of the seminar is IT Governance, Technology Management and Data Warehouse/CRM Cyber Security. These issues are very significant to the present times.