Succession plan is often ill-executed

Topics CEOs | CEO

The hunt is on to find a candidate to occupy the most coveted corner room in the country’s largest private bank; another bank in the peer group has sought the banking regulator’s approval for an internal incumbent as the most likely candidate. It brings to the fore the issue of succession planning, especially in financial services. The last two years have seen as many as seven new CEO appointments in banks, a dozen-plus in insurance companies, and a few more in the larger financial services’ ecosystem. This has ensured the topic remains hotly debated and fresh, both wit.....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.