Alexandria, Va. — The American Bankruptcy Institute (ABI) announces that Robert P. Reynolds of Reynolds, Reynolds & Little (Tuscaloosa, Ala.) has been selected by the ABI Board of Directors to be President for a one-year term, following the conclusion of ABI’s Annual Spring Meeting on April 22. An ABI member since 1994, Reynolds has served as ABI’s Vice President-Development, and is a frequent speaker at ABI events and a past co-chair of ABI’s Southeast Bankruptcy Workshop.

Reynolds is a senior partner at Reynolds, Reynolds & Little, LLC in Tuscaloosa, Ala., where he represents lenders in commercial litigation throughout Alabama and in bankruptcy proceedings in Alabama, the Northern District of Florida and other bankruptcy courts throughout the country. He is a former chair of the Alabama State Bar’s Bankruptcy and Commercial Law Section, and he is board certified in both Business and Consumer Bankruptcy Law by the American Board of Certification. Reynolds received his B.S. in 1975 from Auburn University and his J.D. in 1979 from the University of Alabama School of Law.

The complete list of directors and officers is available at https://www.abi.org/about-us/board-of-directors.

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes nearly 10,000 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.

This article was originally published here: https://www.abi.org/newsroom/press-releases/robert-p-reynolds-named-abi-president

Every year, the seniors of GSBLSU take part in the Bank Management Simulation course, a computer-based program that is specifically designed to provide students with a look into management and the decision-making process in specific banking areas, such as investments, funds management, risk management, loans, and asset/liability management.

During this simulation, the class is divided into teams. Each team is responsible for effective management and profitability of an 800-million-dollar bank. The computer model (BMSim) allows students to make future decisions for the bank and quickly receive feedback on the effectiveness of these decisions. Students must consider the economy, bank competition, and regulatory constraints when planning and implementing their decisions. During the two-week program, the teams will experience an equivalent of two years in bank management and operations, and the results are examined quarterly by state and federal regulators.

Once the course is completed, winners are selected based on factors such as organization, consistency, earnings, ability to report to shareholders, and how they positioned the bank for the future.

The following students were the 2019 Bank Simulation winners. Each received a letter of recognition, as did their home bank’s president and CEO, along with a certificate of recognition for their outstanding work on the Bank Management Simulation. Please join us in congratulating the 2019 Bank Sim winners!