On Tuesday, May 21, 2024, the New York Fed's Governance and Culture Reform Initiative ("Culture Initiative") will host a conference on culture and behavior in the financial services industry.
The program, which builds on past conferences and podcasts, will explore how accountability, incentives, and technology contribute to shaping healthy organizational cultures. Speakers will reflect on how elements of culture have evolved over the last decade and offer insights into how organizational cultures can shape risk outcomes in the future.
The Culture Initiative is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
May 21, 2024
8:30am-3:45pm
Federal Reserve Bank of New York
33 Liberty Street
New York, NY
This event is in-person, and attendance is by invitation only. If this conference is relevant to your professional work and you are interested in attending in-person, please contact NY.FRB.Culture.Events@ny.frb.org.
This event is open to press in-person and all remarks are on-the-record. For more information, please contact Shelley Pitterson at Shelley.Pitterson@ny.frb.org.
| 8:30am-9:00am | Networking Breakfast |
| 9:00am-9:05am | Welcome James Hennessy, Head of the Governance and Culture Reform Initiative, Federal Reserve Bank of New York |
| 9:05am-9:15am | Opening Remarks John C. Williams, President and Chief Executive Officer, Federal Reserve Bank of New York |
| 9:15am-10:05am | Panel I: Accountability and Incentives Moderator: Olivia Richards, Partner, Oliver Wyman Constantinos Coutifaris, Assistant Professor of Management, McCombs School of Business, The University of Texas at Austin Joseph McGrath, Assistant Professor of Law, Sutherland School of Law, University College Dublin Kelly Richmond Pope, Dr. Barry Jay Epstein Endowed Professor of Accounting, DePaul University |
| 10:05am-10:35am | Break |
| 10:35am-11:25am | Panel II: Technology and Culture Moderator: Harry Toukalas, Co-Founder & CEO, Swarm Dynamics Tom Reader, Associate Professor of Organizational Psychology, London School of Economics and Political Science Sameer Srivastava, Ewald T. Grether Professor of Business Administration and Public Policy, Haas School of Business, University of California, Berkeley Anita Williams Woolley, Associate Dean of Research and Professor of Organizational Behavior, Tepper School of Business, Carnegie Mellon University |
| 11:25am-11:40am | Workshop: Part I Susan Ochs, CEO, Ochs Advisors LLC |
| 11:40am-1:10pm | Lunch |
| 1:10pm-1:20pm | Workshop: Part II |
| 1:20pm-2:10pm | Panel III: Building Cultures of Imagination and Integrity Moderator: Kartik B. Athreya, Director of Research and Head of the Research and Statistics Group, Federal Reserve Bank of New York Regina Joseph, Superforecaster and Founder, Sibylink Gary Klein, President, MacroCognition LLC and ShadowBox LLC Evan Norris, Partner, Cravath, Swaine & Moore |
| 2:10pm-2:30pm | Break |
| 2:30pm-3:05pm | Moderated Discussion Adrienne A. Harris, Superintendent, New York State Department of Financial Services |
| 3:05pm-3:45pm | Moderated Discussion James P. Gorman, Executive Chairman, Morgan Stanley |
| 3:45pm | Closing Remarks James Hennessy, Head of the Governance and Culture Reform Initiative, Federal Reserve Bank of New York |
