FERF names new chair.Joan E. Netzel was elected Chair of the Financial Executives Research Foundation (FERF FERF Financial Executives Research Foundation FERF Far End Reporting Failure FERF Far End Receive Failure ) by the board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. for a one-year term beginning in July 2004. Netzel, a 20-year member of FEI FEI Fédération Équestre Internationale. , is First Vice President, Audit Relationship Manager for Sun-Trust Banks Inc. In 1984, as Controller of the New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). Mortgage Authority, Netzel joined FEI in as a charter member of the New Mexico Chapter. She later moved to Atlanta Slang for a 404 error on the Web, which is a link to a missing page. The area code for Atlanta, Georgia is 404. See 404 error. in 1993 and joined SunTrust six years ago. In her position with SunTrust, Netzel says she wears "many hats and have many roles due to a very flat organizational structure To comply with Wikipedia's lead section guidelines, one should be written. in our audit services division." Among her responsibilities are the design and evaluation of audit strategies for the some of the corporate functions, such as treasury, human resources, insurance and tax. "Our audit model involves first assessing and determining the inherent risks of a given business unit, and then developing an appropriate audit strategy," she explains. Netzel has also helped develop a staff mentoring program and a related performance appraisal process as part of a divisional talent management initiative. Netzel notes she values her membership in FEI. "FEI keeps me current on the issues with which other financial executives are grappling," she says. "It gives me a broader perspective on the issues that face senior management," she adds SunTrust has been supportive of her FEI and FERF activities and the active role she played on FEI's Committee on Benefits Finance (CBF CBF Chesapeake Bay Foundation CBF Cerebral Blood Flow CBF Cooperative Baptist Fellowship CBF Confederação Brasileira de Futebol CBF Core Binding Factor CBF Chicagoland Bicycle Federation CBF Coronary Blood Flow CBF cubic feet ). While chair of CBF, Netzel lobbied against pegging the discount rate for defined benefit pension plans to the 30-year treasury bond rate. Netzel joined the FERF board in July 2002 and was chosen chair of the Research Committee shortly thereafter. Her one-year term as chair of FERF began in July 2004. [ILLUSTRATION OMITTED] Established in November 1944, FERF will celebrate its 60th anniversary this year. During her term of office, Netzel has some goals she'd like to accomplish. "I would like to see FEI members learn how to better access FERF research and services, such as FELIX (the acronym for Financial Executives List Exchange)." In addition, she says, "I have been especially pleased with the recent FEI chapter sponsorship of FERF research studies. FERF needs to become more localized so that more members can realize its value. Many FEI members still perceive FEI and FERF as very remote from their everyday jobs." |
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