The importance of leadership

Throughout the history of finance, the most successful banks have often been associated with a single leader. These individuals have usually combined a clear strategic vision – or should that be mission, such is their zeal for success – with a real understanding of the minutiae of their business. Their names have been a byword for the businesses they have run. Today, it's harder than ever before for one man or woman to have such complete control of the reins of power. Ownership is widespread. Corporate governance has taken a strong hold over boardroom actions.