S’poreans have few good things to say about our paper generals and scholars: think SPH’s CEO and ex-SMRT’s CEO.
Well StanChart’s CEO, a true blue ang moh life long banker, makes these guys look good.
When Bill Winters became the Messiah CEO of StanChart in June 2015, the bank’s shares were around £10. Now they are around £6. He was brought in because the previous CEO had run the bank into the ground. The bank overextended, trying to take advantage of other banks’ problems. Unlike them it had a great time during the financial crisis.
Well Winters failed. The shares have dropped about 37%, while Bloomberg’s global banking index has gained 47%.
Ho Ho Ho.
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Thoughts of a Cynical Investor 
back in 2015, those very expensive executive recruiting firms ought to have picked piyush gupta for the london-based job.