Meet Donald G. Ogilvie
Independent Chairman, Deloitte Center for Financial Services
Having spent more than two decades in Washington as the president and chief executive officer of the American Bankers Association, Don is a highly respected authority on banking legislation and regulation, as well as the international banking markets.
Today, Don advises Deloitte’s U.S. and global banking clients on the critical issues facing the industry, as well as helping them to shape innovative and forward-thinking solutions on how banks should be tackling their biggest challenges.
While at the ABA from 1985 to 2005, Don represented banks of all sizes across the country and oversaw the growth of the largest financial services trade association in the world. He also served as executive vice president of the International Monetary Conference, a group of CEOs at the 80 largest financial institutions in the world.
In addition to his current role with the Center, Don is founder and chairman of ABA International, where he oversees the trade association’s international activities in Europe and China, and is the executive-in-residence at the Yale School of Management.
Selected Speech Topics
Emerging issues driving the new financial services marketplace
The current credit crisis is reshaping the financial services landscape with deep implications for financial institutions including: a shift from leverage to capital intensity; changing business models; the need to restore consumer trust and confidence; and adapting to a consolidated marketplace with larger and more complex institutions. The time to address many lingering issues has come and can no longer be postponed, particularly those that involve increased cross-border coordination.
Getting ready for the new regulatory architecture
The rules of the game are about to change for financial institutions when it comes to regulation. President Obama will propose a broad overhaul of financial regulation by April 1. Whatever the final regulations say, financial institutions need to take a good look at their governance and risk functions now. Financial institutions can no longer afford to fail in any of these areas.
Restoring wholesale markets
The collapse of securitization and the stalling of the wholesale markets threatens financial and economic recovery. A recovery in the wholesale markets are critical. Confidence, as well as a better way to assess and manage risks, must be restored for investors to revive them. Markets must become more transparent, confidence must be retained in money market mutual funds, and investment managers must strengthen their own risk management systems.
In the News
Since joining Deloitte in 2006, Don has appeared in numerous media stories as a commentator on industry issues and trends, including:
- CNN: Assessing the Financial Stability Plan
- Forbes: The keys to any new financial services regulation
- CFO Magazine: The U.S. equity markets in the global economy
- Wall Street Journal: How serious this banking crisis is
- American Banker: A sustainable approach to cost management is needed
Recent Industry Speeches
- Deloitte 2008 CFO Conference – Capital Markets Panel Discussion (Washington DC)
- Financial Times View from the Top Conference (Toronto, ON)
- Frederick Heldring Global Leadership Awards (Philadelphia, PA)
- Deloitte Financial Markets at a Crossroads Event
(New York, NY)
- Deloitte Financial Markets at a Crossroads Event (Chicago, IL)
As used in this document, ‘Deloitte’ means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.