Stephanie Flanders, the BBC’s long-time financial editor, has announced she is to quit the BBC to take up a lucrative role as a Chief Market Strategist at the investment bank JP Morgan.
The right time for a new challenge
For Flanders, the decision to cease her long career at the BBC was based on favorable circumstances presented to her at the right time. In other words, it was just the right time for her to assume a new challenge that would give her more prospects in her career. Not only will she see her salary triple – earning more than £400,000-a-year - but she will also have the opportunity to help a business grow. An incentive regarding her new role is that she will have more time and resources to develop her own ideas and get a deeper insight of the markets, in one of the most experienced financial institutions of the world.
Moreover, she will now have the chance to have an opinion and express it publicly, something that was not encouraged by her previous employer.
James Harding, the BBC’s Director of News and Current Affairs, complimented Flanders for having given British audience unrivalled coverage of the economy with intelligence, understanding and good judgment. Also, Robert Peston, BBC Business Editor praised the economic editor and highlighted her authority and clarity of her journalism.
From the bank’s side, JP Morgan’s CEO and Head of Global Funds Management, George Gatch, said: "Our fiduciary mindset as an asset manager is to help clients navigate the complexities of investing as they plan for retirement, save for education costs and sidestep the pitfalls inherent in volatile markets. Stephanie’s experience and objective approach uniquely qualify her for doing this."
Apparently, what we can learn from Flander’s story is that we should always aspire to broaden our horizons and when the right opportunity arises at the right time - take it!
Photo taken from http://www.theguardian.com/