💼 Leadership transitions are rarely smooth, writes Tim Skeet. At the highest levels of banking, succession planning is fraught with politics, personal ambitions, and the illusion of irreplaceability. JPMorgan’s ongoing speculation over Jamie Dimon’s successor is a prime example. 💡 Yet, a clear plan is essential. Recent high-profile exits, such as those at NatWest and Barclays, highlight how unpredictable leadership can be. With social media scrutiny and shifting societal expectations, today’s leaders need resilience, adaptability and strong political instincts. 👥 The talent pipeline is under strain, with fewer senior bankers developing the next generation. Effective succession planning must go beyond the C-suite to ensure stability across all levels of an organisation. The question is: are tomorrow’s leaders truly prepared? *Read more:* https://on.ft.com/3F0tdIr