Throwback Thursday: Yesterday’s CEOs share future vision
Insurance Post’s Throwback Thursday steps back in time to October 1990 to remind you what was going on this week in insurance history when CEOs shared how they thought their role would change by the year 2000.
25 October 1990: Future CEOs
The insurance company boss of the future is likely to come from a very different background to 1990’s batch, according to a survey of 1990’s CEOs carried out by Anderson Consulting.
The survey of 400 companies showed in 1990 82% of CEOs were long-term employees of the company they headed.
Three out of 10 reckoned this proportion would fall to less than half when they believed previous experience in the insurance industry would be less important.
1990’s CEOs predicted their year 2000 equivalents would need more accounting and information technology knowhow than they had, plus experience in the wider financial services industry.
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