Nick Leeson the rogue trader whose unchecked risk-taking caused the biggest financial scandal of the 20th century is one of the world’s most sought-after speakers within the financial sector. Nick talks frankly about what happened with Barings, the lack of accounting safeguards, his capture and confinement for 9 months in a Frankfurt prison and being sentenced to 6 years by the Singapore court for forgery and cheating.
The collapse of Barings Bank (personal bank to HM The Queen) in 1995 and Nick Leeson’s role in it is one of the most spectacular debacles in modern financial history. Curiosity, intrigue and sympathy have been the various reactions to this man’s incredible life story. Following Barings’ collapse, Nick was sentenced to six and half years in a gang-ridden Singaporean jail, in conditions that defy belief, while at the same time, his wife left him and he was diagnosed with colon cancer. Against all odds, Nick survived and now fully recovered from cancer, lives happily in Ireland with second wife Leona and three children. In 2005 Nick released his second book – Back from the Brink: Coping with Stress and in 2006 was appointed CEO of Galway United FC. He stepped down in February 2011.
Nick speaks regularly to financial institutions, banks, universities and businesses around the world. Nick’s story has a number of human interest aspects that will astound any audience so his talks are not restricted to the world of suits and power lunches that he used to frequent.
Nick talks candidly about the collapse of Barings Bank, the lack of accounting safeguards, his capture and confinement for 9 months in a Frankfurt prison and being sentenced to 6 years by the Singapore court for forgery and cheating. He speaks about the stress of going through divorce and beating colon cancer whilst still in jail. His presentations represent a unique opportunity for people to meet and question the main protagonist in the biggest financial scandal of the 20th century. Nick is also expertly placed to provide consultancy on risk management and compliance areas. More recent cases such as Allied Irish Bank and Societe Generale simply highlight that loopholes haven’t been closed.
Nick Leeson has proved his resilience and has been able to capitalise on his experiences. His story was turned into a film, ‘Rogue Trader’ starring Ewan McGregor and during 2001 he undertook a Psychology degree. Nick now speaks regularly at conferences and corporate dinners and has traveled extensively to New Zealand and South Africa in the process. He also addresses university campuses and has spoken at the Oxford Union, Trinity College Dublin and the University College Cork.