An outlook on the challenges ahead In today’s dynamic Financial Services sector, the start of 2024 has brought forth many questions as to what we can expect in the years ahead. Developments such as major changes in the economic, political and social landscape, high interest rates, and inflation and rapidly developing technological advances all add complexities to an already turbulent landscape. Leaders within the Financial Services sector are faced with a multitude of challenges and are expected to provide a sense of normalcy, control, and consistency amidst the chaos of today’s world. How will CEOs lead us through disruption and change? And are they expected to come up with all the answers?
In navigating these turbulent times, what is keeping our CEOs awake? What is their outlook on the upcoming years and what leadership lessons are they taking with them towards the future? The Financial Services team of Odgers Berndtson in the Netherlands has conducted in-depth interviews with over 50 CEOs in the Financial Services sector against the backdrop of increasing geopolitical tensions and macro-economic turbulence and complexity. Not surprisingly, the number of challenges affecting the sector is increasing, which requires significant agility to provide leadership, guidance, and decision-making skills amidst uncertainty.
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