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Old 26-01-2018, 02:35 PM
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Originally Posted by Unregistered View Post
The average graduate bank employee will end up being a VP at his/her peak. It's obvious not everyone can become an SVP or MD because there are only a limited number of such positions, just as there's only one CEO. And this is assuming he/she doesn't get retrenched along the way.
Very true.

No worries though, as there are many VP positions to go around for the good performers. The differentiating factor is how early you make VP. Above average performers make VP in their late 30s/early 40s, where most will "languish" until retirement, slowly climbing up the VP grades every few years.

Out of these guys will be some top performers who will rise to SVP, maybe even get a shot at chairman or CEO. These guys will make SVP in their late 40s/early 50s, from there on it's a combination of luck and politics to go any higher. Let's face it, the top posts usually end up with people who are well liked by their peers.

At the other end of the spectrum you have the average performers. These guys end up floating around as AVPs during their "golden years", not too shabby as you have some subordinates, but also have to deal with bosses. It's your classic middle management - not high enough to make major decisions, yet not low enough to avoid major responsibility. Expect to be here anytime from early 30s to late 40s. With a final push you should slide into a VP role in late 40s, where you will stay until retirement.
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