The American Association of Bank Directors (“AABD”) announced today that The Kafafian Group, Inc. (“TKG”) has become a sponsor of AABD.

TKG, a finance, strategy, and operations consulting firm, is a recognized leader in providing performance measurement, profitability outsourcing, strategic planning, process improvement, regulatory assistance and financial advisory services for the Boards of Directors, management teams and shareholders of U.S. financial institutions.

TKG will also support AABD’s training programs for bank directors through AABD’s nationally recognized Bank Director Certification Program.  Its principals will serve as faculty members of AABD’s affiliated Institute for Bank Director Education.

“We are delighted that The Kafafian Group has agreed to help us enhance our efforts to support the training and informational needs of bank directors in light of the increasing demands on them,” said David Baris, President of AABD.

“The Kafafian Group will also become an advisor to the Strategic Planning Committee established by AABD to provide its members the opportunity to obtain resources and communicate candidly with other members, the co-chairs and advisors to the Committee,” said Rich Whiting, AABD’s Executive Director.

“The Kafafian Group is pleased to become a sponsor of AABD,” said Bob Kafafian, President and CEO of TKG. “We look forward to working with the AABD in helping to educate directors on the timely topics of interest that allow them to better fulfill their oversight responsibilities.”

Founded in 1989, the non-profit American Association of Bank Directors (www.aabd.org) is the only trade group in the United States solely devoted to bank directors and their information, education, and advocacy needs.  The Institute for Bank Director Education was established in 1993 as the educational arm of AABD.  Its purpose is to act as a clearinghouse for education programs designed for bank and savings institution directors that support the nationally recognized Bank Director Certification Program.  Banks whose directors are AABD members and who participate in the Bank Director Certification Program can obtain credits on the premiums they pay for D&O insurance from AmTrust.