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CommentDecember 8 2023

Managing reputation risk: a cautionary tale

Bankers shouldn’t expect to be given the benefit of the doubt.
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Managing reputation risk: a cautionary taleImage: Getty Images

Reputation risk for senior leaders in all walks of public life has become a major concern in recent years. Who wants to be a business leader these days? Why, indeed, would people want to expose themselves to constant criticism, close scrutiny, and the threat of career oblivion due to what was once deemed a minor slip? 

Consider the fate of highly regarded bank CEO, Alison Rose. Here is a good example of how sudden media storms can blow up, leaving senior people and their teams exposed to opprobrium and ill-prepared for a fast-moving narrative.

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