Community Insights

Old National is dedicated to being a financial industry leader in corporate governance, risk management and business ethics. This unwavering commitment protects our clients, our shareholders and our reputation as a safe, secure community bank while enabling our associates to work in an open, ethical environment. 

Ethics
  • Named to the World’s Most Ethical Company list by the Ethisphere Institute for six consecutive years 
  • Corporate culture and adherence to business ethics certified by Ethisphere Institute for eight consecutive years 
  • Annual affirmation of Code of Conduct and mandatory ethics training for all associates 
    Confidential Ethics hotline 
Enterprise Risk Management
  • Board level Enterprise Risk Committee
  • Board defined Risk Appetite Statement and ERM Framework
  • Alignment of business strategy and capital plan with risk appetite
  • Appropriate governance and organizational structures
  • Chief Risk Officer role and defined second line of defense structure
  • Strong and independent stature of risk function within the organization
  • Expertise and talent recruited, developed and retained within Enterprise Risk Management team
  • Strong risk assessments, monitoring and reporting
Corporate Governance 
  • First in peer group to require majority vote for directors and annual election of directors (2008) 
  • Maintain independence of all non-executive board members 
    Institutional Shareholder Services (ISS) score of 2 with third-party validation 
  • Executive compensation tied to shareholder value 
  • Stock ownership guidelines established for Executive Leadership Group and Board of Directors
  • Commitment to strong Internal Audit structure. In 2016, more than 23,000 hours were dedicated to operational audits
Download our 2016-2017 Community & Social Responsibility Report