That's fucking stupid

Posts Tagged ‘qualifications’

I received this by email today, it would appear it’s doing the rounds again:

Spot the Odd Man Out …. WHO IS THE ODD MAN OUT – and more importantly – WHY?? Lord Stevenson: former chairman, HBOS Sir Fred Goodwin: former chief executive, RBS Andy Hornby: former chief executive, HBOS Sir Tom McKillop: former chairman, RBS John McFall MP: chairman of Treasury Select Committee Alastair Darling: Chancellor of the Exchequer Gordon Brown: Prime Minister and former Chancellor Sir Terry Wogan: ex-presenter of Radio 2’s Breakfast Show You’re probably thinking Terry Wogan. You’re right. However, the reason may surprise you……….. Terry Wogan is the only one out of this motley crew who actually holds any formal banking qualification!

What, pray tell, is a banking qualification? As far as I know the only qualifications on offer are for advisory roles (mortgage advisor, insurance advisor etc) and most of them are specific to a particular bank and their particular product set. How does that make someone better at the sort of macro economic roles that are listed above? Sure you can join the Chartered Institute of Banking in Scotland and do one of their courses but will that make you better at running RBS, will it bollocks.

How about we leave running companies to people who have a track record of running companies and leave counting change and stamping paying in slips to people who’ve done an NVQ in banking.