ABA Banking Journal’s Post

The financial sector is facing an unprecedented wave of CEO departures, marking the highest turnover in two decades. As seasoned leaders step down, firms must act swiftly to ensure their succession plans are robust and forward-looking. BTS experts Sarah Woods and Lisa Sprenkle explore these challenges in their latest article for ABA Banking Journal, offering insights on how financial companies can navigate this transition and invest in the next generation of leaders. Read the article here: https://bit.ly/3yi875q

The financial sector is facing an unprecedented wave of CEO departures, marking the highest turnover in two decades. As seasoned leaders step down, firms must act swiftly to ensure their succession plans are robust and forward-looking. BTS experts Sarah Woods and Lisa Sprenkle explore these challenges in their latest article for ABA Banking Journal, offering insights on how financial companies can navigate this transition and invest in the next generation of leaders. Read the article here: https://bit.ly/3yi875q

CFOs are stepping into CEO roles more frequently, as highlighted in a Bloomberg article. With companies like Freeport-McMoRan, DuPont, and even Alphabet embracing this trend, it’s clear finance leaders are valued for their cautious approach during uncertain times. Curious about why this trend is on the rise and what challenges lie ahead? Read more from Bloomberg here: https://rb.gy/ptnxeg #PurciareleGroupBrainFuel #LeadershipTrends #CFOtoCEO #BusinessInsights

In 2024 the UK still does not have a well defined Industrial Strategy in place! But a new report from PwC UK - which surveyed 1,200 of the UK's senior business decision-makers and interviewed 60 business leaders - is set to address that 🚀 Check out our 'Framework for Growth' and discover how the UK can establish a new model of inclusive growth 📈 #IndustrialStrategy #Transformation #Growth #Economy

This article paints a picture of growing optimism and confidence among CEOs, driven by favorable economic indicators, anticipated improvements in business conditions, and proactive measures to drive growth and innovation.

Many thanks to Citi for having our Vice Chair and Portfolio Manager Jody Jonsson on your new global webinar series! In this episode, Jody sits down with Citi’s Kris Bitterly to discuss ways to rise above the market noise and where they see potential #investment opportunities on the horizon. They also share personal stories on how they have navigated their careers, and exchange views on #leadership in today’s ever-changing environment. Watch the episode: https://lnkd.in/eqEsE5A9 #CapitalGroup #Citi #CitiWealth #Investing

A call to action: executives need to (re) build muscle and capabilities to create advantage in this ‘higher’ interest era. With interest rates impacting both demand and supply resilience, companies need a multi-faceted action plan to continue sales growth, be surgical in managing cost and margin, and manage working capital across the supply chain to drive optimal free cash flow growth. #backtobasics #SSG #interestrates

As competition for talent heats up, investment banks will find themselves under pressure to offer more competitive compensation packages to attract and retain skilled professionals. In their new article, Heidrick & Struggles' Gabriela Rocha and Carlos Vazquez discuss why firms that focus on the broader talent value proposition will likely have an advantage: https://bit.ly/3VOKdY3. #Leadership #InvestmentBanking #LatAm #Talent #FinancialServices

Excited to share SSG’s perspective at https://lnkd.in/g3BKDDgG on how business leaders can steward their organizations through this era of high interest rates. Here we make three key points: 1)       Interest rates while high are not at unprecedented levels. We have been here before. Leaders just need to regain lost muscle to manage higher interest rates 2)       Managing high interest rates is not just the prerogative for finance teams alone. The impact of high interest rates is felt throughout the organization. Therefore, leaders need to take a multi-modal approach to tackling its impact 3)       There are five broad actions leaders must take to manage the impact of high interest rates: We recommend a ‘back-to-the-basics’ approach to addressing interest rate impacts Thanks to my co-authors Vishal Sharma, Scott Strang and Shannon Kollasch at Sharma Strategy Group for their collaboration and support in helping bring this perspective to life! #interestrates #cpg #CFO #CEO #finance #economy

Adapting and thriving: #CorporateTreasurers embrace the digital shift | The role of corporate treasurers is evolving into a strategic function, driven by internal and external factors. Internally, treasurers are facing increased demands from the C-suite and business leaders. Externally, they must navigate rapid changes in #realtimepayments, complex #liquidity and #cashmanagement needs | #DigitalBanking http://spr.ly/6047oFWDz