Tracey Davidson is the Deputy Chief Executive of Handelsbanken UK and Chair of Handelsbanken Wealth and Asset Management. Handelsbanken is one of the world's best performing and efficient banks, and arguably the most decentralized: each branch operates like a stand-alone business. In this episode of the New Human Movement, Tracey unpacks the key features of Handelsbanken's radical management approach, and how the Bank is able to thread the needle between seemingly irreconcilable tradeoffs, such as decentralization and efficiency, or growth and risk.
Handelsbanken's 2022 Annual and Sustainability Repot (with a good overview of their management and risk philosophy)
Who Needs Budgets (Harvard Business Review)
UK account holders flock to Swedish bank’s ‘church spire’ (Financial Times)
This bank refuses to pay out lavish banker bonuses, and it’s doing just fine (Fortune)