Bishop’s Speech Targets Mammon

Banking Speech In Zurich Targets Greedy Bankers

By Andrew Ivey | Speeches

Nov 03

A Church of England bishop giving a speech at a banking conference might appear at odds with the job description. After all the Sermon on the Mount noted, “Ye can not serve God and mammon.” So, would the bishop’s banking speech be an asset at the conference?

banking speech

Banking Speech By Bishop Welby Targets Greedy Bankers

But when the bishop, The Rt Rev Justin Welby, also sits on the UK parliamentary Commission on banking Standards then things seem more enlightened.

And, don’t forget that Bishop Welby once worked for the oil giants Elf Aquitaine and Enterprise Oil in France. And yes, he worked in the treasury department. So his expert membership of the House of Lords extends to treasury matters and the House of God. He’s got credit in this area.

Banking Speech In Zurich

In his speech in Zurich Bishop Welby called for Banks to be re-built following the earlier financial crisis. That’s some request.

But one principle seems to me to be clear, we cannot repair what was destroyed in 2008, we can only replace it with something that is dedicated to the support of human society, to the common good and to solidarity.

His tone remained calm and his language non-colourful. But some good repetition crept in with the subject of anarchy:

Activity without purpose is anarchy. It may not look like anarchy, it may in fact be very well organised anarchy but unless it has a serious and clear purpose activity is merely random.

One of the biggest faults in the pre-2008 financial markets was essentially they were exponents of anarchy in this sense. They involved wild and frantic activity, often by exceptionally intelligent people, working very long hours, but they had no socially useful purpose.

Banking Speech Manages To Miss The Point

He’s a clever man is Bishop Welby, but he’s stretching the definition of anarchy here. He probably also overlooks the enormous positive impact made by banks on the entire economy. Just consider the pension fund of the Church of England. His position on the banking crisis is probably the default position of the entire Church of England.

This was far from a thought-provoking speech on the subject. And you’d be hard pushed to disagree with this mild, calm and well-spoken speech. But in terms of suggesting new initiatives, let alone bank replacements then this speech didn’t go that far.

You can always discover plenty of public speaking tips with our regular series of tips, hints and suggestions for speakers. And, of course when the time is right for more serious conference speeches, in Zurich or elsewhere, please don’t hesitate to ask about our public speaking training courses or public speaking skills coaching.

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About the Author

The Principal Trainer at training business Time to Market. Based in Oxford, I run presentation and public speaking training courses, coaching sessions and seminars throughout the UK. Andrew Ivey on Google+

  • […] In his speech on Monday the Archbishop referred to the UK economy being in a state of “depression”. That was some claim. But, it’s the sort of claim that the Archbishop made a few years ago in a Swiss banking speech. […]

  • Peter Bowler says:

    Bishop Welby is today tipped as the next Archbishop of Canterbury…if that’s the case we should be hearing some more of his speeches and pronouncements.

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