RBS Chairman Says Shareholder Diversity Revolt Isn't True

The transcript discusses the challenges faced by CEOs and chairmen regarding shareholder demands, particularly on board diversity and compensation. It highlights the company's compliance with diversity guidelines and the minimal pressure from shareholders on this issue. The internal decision-making process involves consultants and headhunters to ensure board rotation and gender representation. The speaker reflects on job satisfaction and the importance of turning the bank around to repay taxpayers, emphasizing the worthwhile nature of the work despite challenges.

What is one of the main challenges faced by CEOs and Chairmen according to the speaker?

• Managing employee satisfaction

• Increasing profits

• Dealing with dissident shareholders

• Expanding into new markets

According to the speaker, how does the company ensure board diversity?

• By following the Davis report guidelines

• By reducing board size

• By hiring more consultants

• By increasing compensation

How does the speaker describe the level of shareholder pressure on board diversity?

• Extremely high

• Moderate

• Minimal

• Non-existent

What is the speaker's main focus in their current role?

• Increasing employee benefits

• Reducing operational costs

• Turning the bank around for taxpayer benefit

• Expanding the bank's global presence

What does the speaker find worthwhile about their job?

• The ability to work from home

• The potential to improve the bank's core business

• The chance to work with celebrities

• The opportunity to travel