Richard Bailey, CEO and Non-Executive Director

In the latest episode of the podcast, Liz Taylor engages in a compelling conversation with Richard Bailey, the former CEO of Rothschild. This episode is a treasure trove of insights into the world of finance, leadership, and personal growth. Richard's journey begins in a modest mining family, where the value of hard work and the significance of money were instilled in him from a young age. His educational path took him from a local grammar school to Manchester University, where he discovered his passion for literature and communication—skills that would later prove invaluable in his career.

After starting his professional journey at PwC, Richard quickly realised that his future lay in corporate finance. His transition to Rothschild marked the beginning of a remarkable career, where he navigated complex deals and built significant relationships with influential figures in the business world. Throughout the episode, Richard shares anecdotes about high-stakes negotiations, the challenges of managing reputations, and the lessons learned from both successes and failures.

One of the standout moments in the episode is Richard's candid reflection on the importance of communication in business. He emphasises that being a good technician is not enough; one must also be able to convey ideas effectively to provide true value in a professional service. This insight resonates with anyone looking to make their mark in their chosen field.

The episode delves into Richard's philanthropic efforts, particularly his involvement with Chetham's School of Music, where he has played a pivotal role in fundraising for the institution. His dedication to education and the arts highlights the importance of giving back and supporting future generations.

Listeners will find Richard's story not only inspiring but also relatable, as he shares his aspirations for the future and the importance of maintaining a balance in life after retirement. His anecdotes, filled with humour and honesty, provide a unique glimpse into the life of a banking executive and the lessons that can be applied in any career.

Tune in to this episode for an engaging discussion that combines personal anecdotes with professional insights, making it a must-listen for anyone interested in the world of finance or looking for inspiration in their career journey.