Cracking article on the (fiscal) rise to prominence in the USA - before you start pre-ordering Lambhorginis, this covers the headline money for the US "big banks". However the rest of this article is excellent, self-affirming stuff for heads/prospective heads of function, so I recommend a read (and perhaps forward it on to your board colleagues...)
In particular, when analysing the output required to generate that whopping pay packet, the article draws attention to ERM rollout as one of the gentleman's achievements - for $10m, that's got to be one shiny set of powerpoint slides!
In all seriousness, the comment regarding the CRO role being a training ground for future CEOs is a very interesting concept - I would very much like to know which company was implementing it, as certainly for the financial services industry, it is an incredibly sound idea.
An online repository for Solvency II, ERM and Corporate Governance material and comment from the Principal of Governance Matters, an independent Risk Consultancy firm based on the Isle of Man.
Showing posts with label pay. Show all posts
Showing posts with label pay. Show all posts
Wednesday, 3 August 2011
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