original picture by mrhappy building a global bank some personal views simen munter, chief executive...
TRANSCRIPT
Ori
gin
al Pic
ture
by m
rhap
py
Building a Global BankSome personal views
Simen Munter,
Chief Executive Officer, Kazakhstan
BTA Conference 2008
2
We have been Global since commencing business in 1865.
3
USUS
BANKS ARE BECOMING BIGGER AND MORE INTERNATIONAL
34
1,250
2005 1990
1,050
87.5
2005 1990
Average Average market capmarket cap ~6
Top 15 banks, combined market cap (source McKinsey)USD billions
~75 ~2 ~90
35x12x
EU 7EU 7
Share of international revenues for the top 25 banks has increased from 28% in 1995 to 43% in 2005
4Mega Trends
Globalisation is speeding up and Financial Institutions will increasingly follow the lead set by Industry. Significant growth in Cross Border operations
Challenge of Benefits of Scale vs Cost of Complexity
The Big Banks will continue to be getting Bigger, but leverage will be coming down
Financial Service will become more complex
Common solutions to Common Problems
5Key Successfactors for an Effective Globalisation Strategy
6a) Building from a Solid Base in your Home Market
7b) Strong Leadership and Vision
8c) Unique capabilities – and these can be replicated across markets
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Guidance with Wisdom Delegation with Confidence
Our Organisation
Joining Up the CompanyOur Technologyand Process
Building for Sustained Growth
Our Businesses
Our Global AdvantageOur Global Distribution
The Best Place to WorkOur Culture
The World’s Local BankOur Brand
Service ExcellenceOur Customers
Communicate – Communicate - Communicate
10Ability to see What others Don’t
11d) Deals. Ability to (mostly) do the ‘Right Deals’
12e) Building a Bench of ‘Right Leaders’(and avoiding the Wrong Ones!)
13f) Successfully balancing Local vs Global
14Joining Up the Company
15g) Strong Risk Management
16Not a Strategy for Everybody
