Succession Planning
Succession Planning Built for Your Financial Institution Reality
40% of community bank CEOs will retire within 5 years.
Less than 20% have a formal successor identified.
At Smith & Wilkinson, we help community banks prepare for what’s next — not just react to it.
Through rigorous peer benchmarking and private network research, we’ve discovered one simple truth:
No two banks are built the same.
There’s no standard org chart. No off-the-shelf strategy.
That’s why our succession planning services are tailored to your structure, your culture, and your strategic vision.
Here’s what we can do for you:
- Conduct a benchmarked analysis of your executive team structure
- Identify critical succession gaps across business-critical roles, including the CEO and other senior leaders
- Map high-potential employees to key leadership positions
- Define the skills and experience required for success in future roles
- Design formal development plans to prepare internal successors
- Plan exposure to growth opportunities, leadership techniques, and philosophies, and stretch projects to build capacity
- Create a clear, prioritized org design roadmap to develop or recruit your future leaders & provide long-term resilience
The right approach builds confidence for your C-suite and Board of Directors, while fostering a healthy learning and development culture that ensures your institution’s leadership bench is strong, today and in the future.
Don’t leave your future to chance.
Start building your custom succession plan today.
Contact Us – Succession Planning
Our Succession Planning Team
Carll Wilkinson
President & CEO
