The Steward
Legacy, values and the long now, leadership as care and continuity.
Brian Moynihan reads as The Steward, an archetype defined by patient custodianship rather than personal spectacle. As chairman and chief executive of Bank of America, he presides over an institution whose scale demands consistency, prudence, and a long horizon, and his leadership register reflects exactly that.
“But then he also has to rebuild a country which had corruption issues, which had, and you saw just the other day they had to deal with a corruption issue. So he's trying to put a set of reforms and all this stuff going on. So he's actually restructuring an economy at the same time he's trying to win a war.”
“Much. The second thing is you got to be careful because in the day, if you're trying to deal with society's big problems, if you're trying to deal with the just transition environment, the private sector is the only way it's going to happen. The governments don't have the money.”
“We want to keep Leak out. So that I think you have to put over here. But this idea of restriction on investments, free flow of capital, none of that is really good for the economies, but you can understand that, and that's what we're going through now, which is a lot of that's being thrown up as ways to tilt the playing field.”
“Supply chain to a little bit imbalanced resiliency versus supply. We got an asset testing. And by the way, in the Russia-Crane situation, Germany got that in the energy supply. And so a lot of these are actually supply and variability of supply. And so that we learned a lesson. So that's going on.”
The David Rubenstein Show: “Brian Moynihan”
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