The ALCO: making the most important bank committee more effective and more real
Ringo Starr entitled his compilation album Blast From The Past. On occasion when speaking or writing about the importance of a bank’s asset-liability committee (ALCO) and how to ensure it remains fit-for-purpose, I’m reminded of that charming exercise in nostalgia. Some topics remain important in perpetuity, and in banking making the ALCO effective is one of them.
by Professor Moorad Choudhry, November 2018