Mike DeNoma, president and CEO of Chinatrust Commercial Bank, discusses the importance of objective and direction, working with a Chinese institution, and making multi-level working relationships succeed.
1. Importance of objective and direction
Emmanuel Daniel (ED): We are very pleased to be able to speak with Mike DeNoma, one of the world’s most experienced retailers who then eventually became a banker and had a distinguished career in Standard Chartered Bank, where many professionals owe their allegiance and their careers to you, where you made a lot of careers work. And today, chairman of Chinatrust Commercial Bank.
Mike DeNoma (MD): It’s great to be here, and I particularly appreciate that on a Friday afternoon at 4:00 that you’re here in the audience. But I also am quite happy to be here because if there’s any group of bankers that I’d prefer to be with, it would be Asian bankers, because the world has changed, and I think that over the next decade, certainly, at a minimum, it will be Asian bankers that really drive the world banking industry.
ED: When we spoke about this session just a few days, and that was only a few days after that long run that you had from Kaohsiung to Taipei, 400 kilometres, 60 kilometres a day, how is your body doing today?
MD: It’s good that it’s two weeks later, because otherwise I probably would have had to crawl up to this stage. The race itself was to really help promote awareness and raise funding for anti-child pornography laws. Currently, in the world today, there are 196 countries; of those 196 countries, 89 of them have no legislation at all against child pornography. And it’s a very serious issue. Maybe I’ll talk about it a bit later, but that was the impetus for me doing it. I had trained up to do 160 kilometres for this cause in New Zealand on March 26, but it was a single race of 160 kilometres, and the opportunity came up to actually run from Kaohsiung to Taipei, that’s 400 kilometres.
So I have a coach. I called him up, I said “I have this chance…
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