“The transition to a sustainable economy is not a switch, it’s a dial — and that dial takes time to move.”
In this episode of Going Long, Sarah Williamson sits down with C.S. Venkatakrishnan, Group Chief Executive of Barclays, to gain his perspective on long-term opportunities for the UK economy, the importance of fostering a thriving investment culture, and the role of banks in the transition to net zero.
Topics include:
- [00:02:08] Restoring investment culture in the UK: How the UK has lost its equity risk culture over time and the need for pension reform, education, and improved accessibility.
- [00:14:16] Reworking the industrial economy: The role global banks have to play in building a low-carbon economy and the future of the UK’s new sovereign wealth fund.
- [00:24:37] Globalization: Particularly in a year of multiple elections, reflecting on the past 30 years of global political disruptions and developing a sense of what trends will take shape over the next 30.
- [00:31:24] Trustworthiness as the key to long-term success: In an ever-changing world with so many technological advancements, core values and the relationship with the customer must remain front and center.