Explore popular quotes and sayings by Daniele Nouy.
Last updated on November 8, 2024.
Danièle Nouy is a French public servant who served as Chair of the Supervisory Board at the European Central Bank from 1 January 2014 to 31 December 2018. In this capacity, she was regarded as the President of the Single Supervisory Mechanism.
The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.