A constant gripe among private banking CEOs in the region is the dearth of quality talent. With leadership in short supply, private banks are increasingly turning to their senior investment ranks to fill critical regional or market head roles.
It’s not a new playbook, but it’s gaining momentum. Could this be a silver bullet to the industry’s long-time talent issue?
The timing couldn’t be better to move product specialists to front line roles, with so much movement in the market. Recruiters and former senior investment heads confirm the trend is accelerating, backed by a string of success stories.