The European Business Review

Senior LEADERSHIP: Learning to Embrace Uncertainty

“The only constant you’ll have in your career is uncertainty.” –Ian MacMillan, The Dhirubhai Ambani Emeritus Professor of Innovation and Entrepreneurship, The Wharton School

Heiko Trautmann was head of Credit Risk Management at Hauck & Aufhäuser in Frankfurt, Germany when he attended the Wharton School’s Advanced Management Program (AMP) in the United States. The bank’s CFO tapped him for a new team that would spearhead a major restructuring, and asked him if he was interested in expanding his knowledge outside of credit risk. Trautmann was more than interested.

“I started by looking at several programs

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