Old National Bancorp’s Leadership in Ethical Business Practices Applauded by Ethisphere CEO
Three-Time World’s Most Ethical Company® and Ethisphere Ethics Inside® Certified Recipient Demonstrates Long-term Commitment to Corporate Ethics and Responsibility
Evansville, IN & New York, NY – April 08, 2014 – Ethisphere, an independent center of research promoting best practices in corporate ethics and compliance, recognizes Old National Bancorp’s (Nasdaq:ONB) leadership and employees for their ongoing commitment to lead the banking industry in ethical behavior and culture. As a three time World’s Most Ethical (WME) Company honoree and a three time recipient of Ethisphere’s Ethics Inside Certification, Old National Bancorp demonstrates a high level of integrity, trust and ethics that goes beyond observing laws and regulations, and embodies a culture of inclusion and community as a central driver of long term success and performance.
Old National Bancorp, one of the largest regional financial services bank holding companies in the United States, has a 180-year history of solid performance as a result of the company’s unfailing commitment to meeting the diverse needs of its clients, associates and shareholders. Old National is one of only five companies in the banking industry honored in 2014’s WME company list and the only U.S. bank to earn the recognition.
“We are extremely honored to be named one of the World’s Most Ethical Companies for the 3rd consecutive year. In view of today’s business climate, our inclusion in this exceptional group is particularly meaningful and underscores the importance of maintaining an organization-wide commitment to business ethics, risk management and governance,” said Dick Dubé, Executive Vice President, Chief Audit Executive & Ethics Officer. He continued, “I believe that this honor validates our strong commitment to ethics, integrity and transparency in every aspect our business.”
“While ethical business standards and practices are being challenged every day with an even greater spotlight on those in banking and financial services, Old National Bancorp has demonstrated that a ‘no compromise’ position that upholds the highest ethical standards and behavior across its organization assists the communities it serves and is an important competitive differentiator in the marketplace,” states Tim Erblich, CEO, Ethisphere. “I’m delighted to address the leadership of Old National at their Leadership Summit this week both to laud their accomplishments and encourage them to remain focused on their strategic imperatives of delivering performance while remaining committed to delivering on its promise of consistently exceeding the expectations of its communities, clients, associates and shareholders.”
Mr. Erblich concluded, “With trust in the financial services and banking industries at an all-time low, it is imperative that companies embrace ethical business best practices to include compliance, leadership, governance, corporate social responsibility and culture. Not only is this the ‘right thing to do’ but research verifies that there is a direct link between business ethics, public trust and financial performance.”
About Old National
Old National Bancorp (Nasdaq:ONB) has $9.7 billion in assets and ranks among the top 100 banking companies in the U.S. Since its founding in 1834, Old National has focused on community banking by building long-term, highly-valued partnerships with clients in its primary footprint of Kentucky, Indiana, Southern Illinois and Southwestern Michigan. In addition to providing extensive services in retail and commercial banking, wealth management, investments and brokerage, Old National also owns Old National Insurance, one of the 100 largest brokers in the U.S. For more information and financial data, please visit Investor Relations at oldnational.com.
The Ethisphere® Institute
The Ethisphere® Institute is an independent center of research, best practices and thought leadership that promotes best practices in corporate ethics and compliance and enables organizations to improve governance, mitigate risk and enhance relationships with employees, business partners, investors and the broad regulatory community. Ethisphere evaluates and benchmarks compliance and governance programs, honors superior achievement through its World’s Most Ethical Company® recognition program and publishes Ethisphere Magazine. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification™.
###
Old National Media Contact
Kathy Schoettlin
Chief Communications Officer
812-465-7269
Ethisphere Media Contact
Clea Nabozny
480-397-2658
[email protected]
