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Ownership and Management

FB ROUNDUP: Jay Y. Lee, Michael Bruce, Daniel Kretinsky

November 1, 2022

In this week’s FB Roundup, Samsung names billionaire family member Jay Y. Lee as executive chairman; Purplebricks founder Michael Bruce sees property portal Boomin go bust and Daniel Kretinsky is cleared to increase his stake in Royal Mail.

Samsung names billionaire family member Jay Y. Lee as executive chairman
Following a full pardon for crimes including embezzlement and bribery, Jay Y. Lee has been appointed as Samsung’s executive chairman.

Leadership through the lens: How to pass on experience and knowledge in a virtual working environment

October 28, 2022

Helping the next generation learn leadership skills is possible in a virtual world. But it’s harder and we need to work harder at it, says Mark Essex.

Leading teams in a virtual world is harder. It requires effort, concentration and planning. But, for business leaders passing on their experience gained over a lifetime, it’s an investment. And the return is higher for family businesses.

Don’t wait for hybrid working to settle down; it won’t

October 14, 2022

In a tight labour market where talent is scarce, family business should make a virtue of their optionality and flexibility on this issue to attract talent, says Mark Essex.

The invention of email is 51 years old and has been a staple tool of office workers for at least 25 years. However, in that time we still haven’t really adopted a set of ubiquitous norms; we still receive hundreds of messages a day and use basically the same workflow for “Fancy a brew” as “Please see attached a multi-million pound contract”.

The advantages of master global custody for today’s family office

October 11, 2022

Despite the many differences among family offices, they all need flexible, cost-effective management of their financial assets. Choosing the right custody model is key to meeting this need, says BNY Mellon Wealth Management.

Despite the many differences among family offices, they all need flexible, cost-effective management of their financial assets. Choosing the right custody model is key to meeting this need.

How family offices can capitalise on the hybrid working opportunity

September 2, 2022

With many employers introducing models that combine in-office and remote work, some of the more traditional family offices are still resisting the move to hybrid working. David Morel, CEO of Tiger Recruitment, asks, when the world around them is changing, what risks do they face if they hold back?

Hybrid working is gathering pace. Research consistently shows it is the arrangement most employees prefer, and increasingly employers are responding by introducing models that combine in-office and remote work. Even leading investment banks, including Deutsche Bank, BNP Paribas and Barclays, are committing to more flexible working.

Replacing today’s leaders with tomorrow’s stewards

August 30, 2022

Director of Spectrum Dyes & Chemical Pvt Ltd and angel investor Akshat Chaudhary, discusses the importance of mentoring the next generation to become effective and evolved family business custodians.

Director of Spectrum Dyes & Chemical Pvt Ltd and angel investor Akshat Chaudhary, discusses the importance of mentoring the next generation to become effective and evolved family business custodians.

Author and inspirational speaker Simon Sinek said: “Leadership is not about being in charge. Leadership is about taking care of those in your charge.”

Stepping out of the shadows of successful family members

July 12, 2022

In an exclusive interview, psychologist and private family wealth consultant Dr. James Weiner discusses how to deal with the long shadows cast by successful and prominent family members.

In his new book, The Quest For Legitimacy: How Children Of Prominent Families Discover Their Unique Place In The World, psychologist and private family wealth consultant Dr. James Weiner explores what it’s like to live in the shadows of successful and prominent family members.

Doris Sommavilla: Breaking the cycle of bad governance

May 30, 2022

A third-generation member of hotels and residential development businesses, Doris Sommavilla talks exclusively to Campden FB about family legacy, increasing diversity and planning for the future…

Having felt the aftershocks of her grandfather’s unprepared succession and experienced first-hand the effects of her father’s sudden passing, Doris Sommavilla knows all too well how poor governance can threaten the future of a family business.

A third-generation member of hotels and residential development businesses, Doris’ Italian family have invested their wealth in hospitality, entertainment, residential projects and beyond in Italy, Eastern Europe, and the United States.

Deal-chasing global family offices call for bespoke international professional services

January 17, 2022

Resources for bespoke wealth management and responsible governance strategies are in growing demand from restructuring family offices in their pursuit of new investment opportunities in new markets.

Resources for bespoke wealth management and responsible governance strategies are in growing demand from restructuring family offices in their pursuit of new investment opportunities in new markets.

Six reasons to join the Campden Wealth Family Alternative Investment Forum in London

December 21, 2021

Multigenerational business families of wealth from across Europe will gather in-person in London on 23-24 February 2022 for the leading 18th Campden Wealth Family Alternative Investment Forum.

Multigenerational business families of wealth from across Europe will gather in-person in London on 23-24 February 2022 for the leading 18th Campden Wealth Family Alternative Investment Forum.