Standard Chartered CEO Bill Winters apologized for his “choice of words” after facing backlash for describing some jobs as “lower value, human capital” during a discussion about AI-driven changes at the bank.
In a LinkedIn post on Thursday, Winters said his remarks had “caused upset to some colleagues” and shared a full transcript of what he said to provide a “better understanding” of his comments.
Winters added that the transcript showed he valued “all” employees and said the bank was committed to helping workers adapt to rapid technological change.
Here are his comments in full:
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