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Press Releases 2007
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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