Banking on leadership
Amid the uncertainty that the Covid-19 outbreak has wrought, the big challenge for a leader is to make decisions that are in the best interests of all stakeholders, not least employees, says StanChart Singapore CEO Patrick Lee.
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IN his 27-year career as a banker, Standard Chartered Singapore's chief executive officer Patrick Lee is facing his biggest test of leadership to date as the Covid-19 outbreak continues to shake up economies and businesses around the world.
He has gone through the Asian Financial Crisis, Sars and the Great Financial Crisis - but none of them quite compares with the magnitude of what is unfolding at the very moment.
"It's a little bit ironic because we came into this from last year, saying we were doing so well, let's start the next year with a sprint," says Mr Lee, speaking to The Business Times through video conference. "And then we get hit by this huge tsunami this year with Covid-19."
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