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Kathryn Tang, MBA '17 | Lessons from Nick Leeson

  • Communications
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  • Aug 10, 2016
Kathryn Tang, MBA '17 | Lessons from Nick Leeson

On Thursday, July 21, Ivey's MBA class spoke to infamous derivatives trader Nick Leeson, whose unauthorized high-risk trading and fraudulent transfers caused the collapse of Barings, the oldest merchant bank in the world, in 1995.

In a blog written for the Ian O. Ihnatowycz Institute for Leadership, Kathryn Tang, MBA '17, reflects on Leeson's talk and the six lessons she took away from his experience.

"To my surprise, Leeson's actions portray him not as a master manipulator with a grand scheme to bring down Barings, but a young man in need of guidance," she says.