United Electronic Industries’ Post

📢 Here we are! Approaching one year as our CEO, Thierry Léger spoke with Ryan Hewlett from The Insurer about his experience so far. He also shared valuable insights about SCOR’s strategic approach in the current market landscape, highlighting our determination to lean into the hard market, positioning ourselves for profitable growth.🚀 📺Watch the interview in full here: https://lnkd.in/e4cKrV4i

I grabbed the opportunity to sit down with Alan Pullinger for the last time in his role as CEO of FirstRand. "It's been an honour and a privilege." On presenting the last set of results: It's been an honour and a privilege, FirstRand is a special place. I joined 26 years ago, I knew nothing about banking, and it was a gift to be able to learn from GT Ferreira, Laurie Dippenaar and Paul Harris, they taught me the ropes. So it's an absolute gift, I've been super, super lucky. FirstRand is a family it's not just a job. Don't tell the remuneration committee, but I would probably do it for free." On leaving: People always say to me when you leave what earnings number do you want to achieve? What are you looking for? What share price are you looking for? I can't control those things. But there are some things that we can control. One of them is, the mojo of the business. How the group is feeling. Are we on the front foot? Engagement with employees, are we still attracting talent? How do our people feel? I think we're in a good space, I'm not sure I can ask for any more than that. I'm going to do my best on the numbers, and the team will do their best but it will be what it is. On interest rates: I don't think the environment is going to get easier. It’s likely to be more of the same. When we started off the new year new and got back from holiday it didn't take long for load shedding to come back and all of the things that we thought were a 2023 phenomenon have started again. The South African Reserve Bank has said interest rates are in restrictive territory. And you can see that it's having an impact. There's no doubt it is throttling consumers, but I do think later in the current year we will see interest rate cuts. But there are two points I would want to make. One interest rate cuts are going to be further out than we think. And secondly, it's going to be a shallow cutting cycle. We expect the repo to go from eight and a quarter to seven. But that's it. We don't think there's much more than one and a quarter percent of cuts coming On what is next: I know, it's going to sound crazy if I say this, but I actually am not sure. I have really had my head down focusing on FirstRand to the very last day. I hand over at the end of March, then I'm going to take a little bit of leave. I do need to contemplate what I'm going to do. I haven't had a break for a very long time. So I'm not sure what that feels like. So this transition is it's exciting, but I suppose a little bit daunting for me. So I need to go through that. I'm not going to rush to sign up to lots of things otherwise when we bump into each other in a year's time I'm going to tell you how busy I am because I'm sitting on so many boards, and I'm reading so many board packs and I'm going to be complaining again. I'm going to take a break and then I'll see what is next. I still have a little bit too much energy to choose to go and sit in the garden.

In a survey of 500 finance leaders comparing 2024 to just two years prior, they reported taking on numerous new tasks, underscoring their role's dynamic and expanding nature. Before diving headfirst into uncharted territory, let’s discuss your approach. I’d love to share insights on how our team has helped finance leaders navigate their expanding roles and achieve some quick wins.

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RSM understands that people today want more than a job – they want purpose and a place to grow. Read this HRO Today article by RSM’s chief talent officer Ty Beasley to learn how RSM delivers: https://rsm.buzz/4cuxleW

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RSM understands that people today want more than a job – they want purpose and a place to grow. Read this HRO Today article by RSM’s chief talent officer Ty Beasley to learn how RSM delivers: https://rsm.buzz/4cCeEWQ

RSM understands that people today want more than a job – they want purpose and a place to grow. Read this HRO Today article by RSM’s chief talent officer Ty Beasley to learn how RSM delivers: https://rsm.buzz/4cmWo3M