Sir Philip Hampton, Chairman, Royal Bank of Scotland (RBS) spoke to Forbes India on the issue of executive compensation in banking
Sir Philip Hampton was described as a “safe pair of hands” when he became chairman of The Royal Bank of Scotland (RBS) in January 2009, at a time when it was weathering one of the most severe financial storms ever. A year and a bail-out package later, RBS seems more secure. Sir Philip spoke to Forbes India about the issue of executive compensation in banking.
Do you reckon we need a new set of discussions at the board level on stewardship or trusteeship and community-centric approach? Did businesses end up placing too much focus on shareholder value creation?
(This story appears in the 05 March, 2010 issue of Forbes India. To visit our Archives, click here.)