One Minute Interview
One Minute Interview with Thomas Egan, Head, Group Accounting Policy and Advisory - Standard Chartered Bank
1. Could you share with us some interesting highlights of your role as the ACCA Champion at Standard Chartered Bank (SCB)?
SCB has had a strong relationship with ACCA over the years and what I have done is looked to deepen the relationship and bring value to ACCA members at SCB. Working with our Learning and Development function and the ACCA leadership in London and Singapore, we achieved the Gold Level of Global Approved Employer status.
I look forward to engaging with ACCA on key issues impacting the accountants and the broader business world; such as diversity, corporate responsibility and integrated reporting. What I enjoy most about working with ACCA is this opportunity to contribute to the thought leadership that they and their other employers are providing the accounting and business communities.
2. What makes SCB a great place to work in?
The people - from our clients, to our employees to the people in the communities we service. You cannot have a great workplace without being surrounded by great people. I find the people I work with to be both talented and genuine, and that makes it enjoyable to come to work as you are valued for your contributions to the success of the organization, while growing as a person and as a professional.
3. How do you spot potential leaders and what does SCB do to groom them?
SCB has a process to identify potential leaders at the point of hiring and to develop them through challenging assignments and targeted learning. Personally, I go a bit further by identifying a mentor outside of Finance for each of my reports, require that they identify someone to mentor and allow them to progress at a pace tailored to continuously challenge each individual. What I then must do is the most difficult part , that is to help them find that next role within the organization so as to advance their career and for the good of the bank.
4. What is the one trait you have which has led to your success?
Mental toughness - the ability to remain focused on positive outcomes and confident in myself allowed me to persevere through stressful and negative situations. Without this, I suspect that I would have looked to remain within my comfort zone and at many junctures in my life would have chosen a path more certain, less challenging and ultimately less rewarding.
5. And finally, with such a demanding schedule, how do you manage balancing work and family? What advice can you offer?
Not very well if you ask my wife, and she is probably right. My wife is an artist, so she is quite independent and my son will soon begin his residency in neurosurgery, so they keep themselves busy. My advice would be to treasure your family and get back to them as early as possible.