
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
April 20, 2021: -Britain is the latest country to join a global race toward central bank digital currency. “We’re launching a new task force amid the Treasury and the Bank of England to coordinate exploratory work on a potential central bank digital currency,” U.K. Finance Minister Rishi Sunak said at a fintech industry conference on Monday.
The Bank of England said in a separate statement that such a currency would be a “new form of digital money issued by the Bank of England and for use by households and businesses” that stays with cash and bank deposits instead of replacing them.
The U.K. government did not decide yet whether to introduce a digital version of the British pound, but it would explore the “objectives, use cases, opportunities and risks” involved if it moves forward. The Bank of England also has plans to set up a unit in the institution to explore a central bank digital currency.
It comes as few central banks are in competition to figure out their central bank digital currency strategies, or CBDCs. The increase of bitcoin and other cryptocurrencies has given new impetus to such initiatives and the broader trend of declining cash usage.
Bitcoin increased to a record high of $64,829 in the previous week ahead of the highly-anticipated debut from cryptocurrency exchange Coinbase. But the most popular digital coin in the world sank sharply over the weekend because of the fears around regulation.
Meanwhile, a spike in the value of meme-inspired token dogecoin has led to concerns of a potential bubble in the cryptocurrency market. On Monday, bitcoin traded at about $56,740, up 3% in the last 24 hours.
China appears to be charging ahead of other major countries on CBDCs. The People’s Bank of China has been carrying out several tests with the digital currency in significant cities. A top official said on Sunday that the central bank could try the digital yuan with foreign visitors at the 2022 Beijing Winter Olympics.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
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The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Maushum Basu is a visionary leader who inspires his team with a clear, compelling purpose. Unafraid to take calculated risks, he understands that growth often stems from change and innovation. His deep commitment to both Airia Brands, Inc.
When speaking with Martin Paquette, one thing is immediately apparent: he’s honest. His transparency is refreshing. While many shy away from such vulnerability, Paquette sees it as a force to reckon with. The incredible emotional intelligence speaks to years of looking within—it’s also what allows him to acknowledge his mistakes gracefully and use them as opportunities to innovate.
Marina Charriere, CEO of Star Drug Testing Services, Star Drug Testing Services (Windsor Park), and First Defence Face Masks go hand in hand. Star is a drug and alcohol testing facility, and First D F M is a face mask company.
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