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Duane Ackerman receives
BITS 2007 Leadership Award
Washington, D.C. April 30, 2007 - F.
Duane Ackerman, former Chairman and Chief Executive Officer (CEO) of
BellSouth, received the 2007 BITS Leadership Award during a ceremony
in Boca Raton at the spring meeting of BITS and The Financial Services
Roundtable.
F. Duane Ackerman, former Chairman
and Chief Executive Officer (CEO) of BellSouth and former Chair
of the President’s National Security Telecommunications
Advisory Committee (NSTAC), received the 2007 BITS Leadership
Award during a ceremony in Boca Raton at the spring meeting of
BITS and The Financial Services Roundtable. (Photo courtesy of
BellSouth.) |
The BITS
Leadership Award recognizes outstanding leadership and contributions
to BITS and The Financial Services Roundtable, the financial services
industry, and the nation. The award acknowledges excellence in
leadership. BITS Leadership Award recipients are innovative leaders
who are highly respected by their peers and whose contributions
have clear benefits to BITS and Roundtable member financial institutions.
“Duane Ackerman is a visionary leader whose
stellar career includes many landmark accomplishments,”
said James H. Blanchard, retired CEO and Chairman of the Board,
Synovus. “Among those [accomplishments], he recognized early
on the interdependencies between the financial services industry
and the telecommunications industry. His leadership has helped
us maintain the resilience and continuity of both critical infrastructures.”
Ackerman – former chair of the President’s
National Security Telecommunications Advisory Committee (NSTAC)
– served for many years as Chairman and CEO of BellSouth
prior to its acquisition by AT&T, He was described as a “champion
of telecommunications industry cooperation” to strengthen
the resiliency of the nation’s critical financial services
infrastructure. |
BITS declared Ackerman a leader in addressing interdependencies
between the telecommunications and financial services sectors and he
served in a leadership role at the national level through his participation
in a range of organizations. An integral part of BITS’ Telecommunications
Resiliency and Business Continuity initiative, Mr. Ackerman took a strong
leadership role in bringing CEOs from both the telecommunications and
financial services sectors to talk one-on-one about ways to improve
resiliency in the years following 9/11. He chaired the Council on Competitiveness
at a time when BITS conducted a study of the financial services sector’s
approaches to security. He was a champion of a major pilot with the
Alliance for Telecommunications Solutions (ATIS) to improve diversity
assurance and increase resilience, in cooperation with financial institutions
and the Federal Reserve.
“We are delighted to be able to recognize Duane
Ackerman’s persistent and visionary leadership. The nation is
stronger and more secure as a result of his leadership,” said
Catherine A. Allen, BITS CEO.
About BITS
BITS was created in 1996 to foster the growth and development of electronic
financial services and e-commerce for the benefit of financial institutions
and their customers. A nonprofit industry consortium that shares membership
with The Financial Services Roundtable, BITS seeks to sustain consumer
confidence and trust by ensuring the security, privacy and integrity
of financial transactions. BITS works as a strategic brain trust to
provide intellectual capital and address emerging issues where financial
services, technology and commerce intersect, acting quickly to address
problems and galvanize the industry. BITS’ activities are driven
by the CEOs and their appointees—CIOs, CTOs, Vice Chairmen and
Executive Vice Presidents—who make up the BITS Advisory Board
and BITS Advisory Council. For more information, go to www.bitsinfo.org.
About The Financial Services Roundtable
The Financial Services Roundtable represents 100 of the largest integrated
financial services companies providing banking, insurance, and investment
products and services to the American consumer. Member companies participate
through the Chief Executive Officer and other senior executives nominated
by the CEO. Roundtable member companies provide fuel for America's economic
engine, accounting directly for $65.8 trillion in managed assets, $1
trillion in revenue, and 2.4 million jobs
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Reviewed April 30, 2007
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