The banking industry has undergone dramatic changes over the past few decades, impacting both wholesale and retail sectors. As the industry evolves, the demand for skilled leadership has grown, but the talent pool of qualified leaders is shrinking.
Corporate and Investment Banking has experienced significant growth, with a number of global banks investing in strategic buildouts worldwide and boutique firms focusing on niche industry expertise. Large banks are now looking for leaders who understand all aspects of wholesale banking—investment banking, corporate banking, capital markets, and transaction banking. Today’s banking leaders need to do more than just lend money or close deals. They need to build strong, long-term relationships with corporate clients, guide growth and capital strategies, and integrate the bank’s full range of offerings to maximize profitability. This "whole bank" leadership approach requires leaders with diverse expertise, and these leaders are increasingly difficult to find.
Capital Markets have seen a resurgence, particularly as the fixed-income market stabilizes, creating new revenue opportunities in areas like credit and structured products. Equity markets are bouncing back, and an expected increase in IPO activity in 2025 will likely fuel further growth. With companies focused on market share and expansion, there’s an urgent need for transformational leaders who can guide strategic shifts in capital markets.
Transaction Banking has led the charge in innovation, particularly in payment technologies. As banks continue to invest in technology, data, and operational efficiency, they need leaders who can blend business strategy with technology expertise. Banks are seeking executives who can drive product and technology innovation and produce real business outcomes. Leaders with experience in both traditional banking and fintech are in high demand, especially those able to navigate trends like blockchain, AI and payment technologies.
The Retail Banking and Consumer Financial Services landscape is shifting as traditional banks transform their business models and new market entrants emerge. As consumer expectations rise, banks need leaders who can manage regulatory challenges while driving growth, innovation, and customer satisfaction. Proactive succession planning for leadership teams and boards is becoming more critical to stay competitive in today’s rapidly evolving market.
By focusing on the evolving demands of leadership in corporate banking, capital markets, transaction banking, and retail banking, we help financial institutions build strong leadership teams capable of driving success in an increasingly complex industry. Our global network of experts works closely with clients of all sizes, from large international banks to smaller, specialized lenders, helping them find the right leaders for today’s needs and future growth.