In 1995, Nick Leeson was believed responsible for bringing the 233 year-old Barings Bank down, personal bank to HM The Queen. Today, as a speaker, he shares a riveting and compelling story of how it happened and how he got back on his feet again.
After failed investment attempts to cover for losses, Nick’s total liabilities amounted to a staggering $1.3 billion. Payback time for him meant being extradited to Singapore where he was imprisoned for 6.5 years. He lost everything including his wife and was diagnosed with colon cancer soon after. Where others may have simply given up, Nick chose to rise above.
In April 2005 Nick was appointed Commercial Manager of Galway United Football Club, rising to the position of CEO in late November 2005. That was only the beginning. Today, he has made headlines as a motivational speaker, often landing engagements at financial companies, has published two books and lives happily with his second wife and children. Nick remains a shareholder of Galway United and continues to represent the club with the Football Association of Ireland. He has certainly shown that even with the hardest fall, one can get up and regain his health, his freedom, and yes, even his financial stability.
Nick Leeson’s story has a number of human interest aspects that will astound any audience so his talks are not restricted to the Financial Services 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.
Recent cases such as Allied Irish Bank, the National Australia Bank scandal, Societe Generale and UBS in 2011 simply highlight that loopholes haven’t been closed. Nick Leeson is expertly placed to provide consultancy on risk management, compliance and corporate responsibility. Today Leeson is a partner with a debt restructuring organisation working on financial problems in Ireland.
Nick speaks to financial institutions, banks and businesses around the world. He also addresses universities and has spoken at the Oxford Union, Trinity College Dublin, Warwick University and the University College Cork. Conference speeches can be tailored to your specific requirements.
"The life story which Nick had to tell us was a remarkable one, everything a Hollywood film would have. The connection he made was instant, which is not something easily accomplished."
"Nick Leeson gave one of the most interesting and thought-provoking talks of the weekend."