Succession Planning Conference
May 5-6, Space is limited - Register Today!


The Michigan Department of Insurance and Financial Services (DIFS) along with the Michigan Bankers Association (MBA) and the Community Bankers of Michigan (CBM) have partnered to bring Michigan bank leaders together for a free succession planning educational event. Industry leaders will share their insights and experiences about the value of succession planning, when to start the process of succession planning, how to start the process for both board members and management, and the importance of diversity, equity, and inclusion (DE&I) when hiring management and bringing on new board members.

The event will take place via Zoom May 5-6 and registration is now open!

Event Information
May 5, 2021

Welcome - 10:00 – 10:30 AM EDT
DIFS Director Anita Fox, MBA President/CEO T. Rann Paynter, CBM President/CEO Michael J. Tierney

  • DIFS Director Anita Fox, MBA President/CEO T. Rann Paynter, CBM President/CEO Michael J. Tierney welcome Michigan's banking leaders and kick off this educational event. 

Leadership and Strategic Succession - 10:45 – 11:45 AM EDT
Moderator: DIFS Office of Banking Director Aaron Luetzow

  • Panel discussion with industry leaders as they share best practices related to the importance of succession planning, the process of getting started, and the importance of diversity, equity, and inclusion when hiring management and bringing on new board members and CEOs.

What I Wish I’d Known/Planning for the Future - 1:00 – 2:00 PM EDT
Moderator: DIFS Office of Banking Assistant Director David Merchant

  • A panel discussion with bank CEOs in Michigan and across the country about lessons learned during the succession of board members and CEOs, with a focus on how to remain independent and create shareholder value during leadership changes.

May 6, 2021

Succession Planning Strategies for Family Banks - 8:30 – 10:00 AM EDT
Speaker: Ann Kinkade, Lucid Legacy

  • Managing uncertainty and change is a reality of business, but some uncertainty is more predictable than others. Succession is about a change in leadership. And yet given how long the horizon is (or seems), or how uncomfortable the conversations might be, management, owners and Boards often fail to plan for it. In this session we will discuss the root causes of why otherwise proficient leaders often neglect succession planning and how to shift this behavior. Techniques to introduce the topic of succession and participating in or leading challenging conversations will be introduced. We will also discuss how skillful succession planning can become a strategic advantage for your family-owned bank.

Difficult Conversations (With Board Members) - 10:15 – 11:00 AM EDT
Moderator: DIFS Director Anita G. Fox

  • A good succession plan charts action for the board and employees for a variety of situations including the death of a CEO, accidents, disability, termination, or retirement. Panelists will share their tips for starting and successfully navigating these difficult conversations.

What does technology have to do with succession? - 11:00 AM – 12:00 PM EDT
Speaker: Lee Keith, President of Banking Services, Neocova

  • Pressure for keeping community banks relevant will continue now and into the future. Lee Keith, President of Banking Services, Neocova, will share how technology can be used during the succession planning process to set your organization up for success.

Space is limited, register TODAY!

After registering, you will receive a confirmation email containing instructions and links to add to your calendar.  

If you have any questions, please do not hesitate to reach out to the DIFS Communications Office at DIFS-Communications@michigan.gov.