Episode 3 - Ashleigh Pledger

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After 20 years as an attorney, Ashleigh Pledger recently transitioned and was appointed Chief Operating Officer in Transaction Banking within Corporate and Investment Banking. How did her mentors help shape her leadership style, and what advice does she have for those who will follow in her footsteps?
17 Dec English South Africa Business · Investing

Audio transcript

00:10 Welcome to the Standard Bank CIB Why She Leads Podcast.
00:16 My name is Judy Dlamini, and in this series, Standard Bank highlights
00:22 women powerhouses who lead within Standard Bank.
00:26 With me, I have the Chief Operating Officer for Transaction Banking,
00:31 Ashleigh Pledger. Ashleigh, welcome.
00:34 Thank you.
00:35 It's such an honour to meet you and I look forward to our conversation.
00:39 22 years, right?
00:43 It's a long time. It is.
00:45 But it does seem like you having fun within Standard Bank.
00:50 You started off as an admitted attorney.
00:53 How has the change been from being an attorney to being a banker?
00:58 That change actually only happened fairly recently.
01:01 I only took up the COO role in CIB Transaction Banking
01:06 at the beginning of last year and it was mind blowing.
01:11 But what I definitely realised was the legal skills
01:15 that I had developed over the years actually stood me in good stead.
01:19 And you know, lawyers can read,
01:22 we can absorb the detail
01:24 and we can manage and juggle various balls.
01:27 And I think that's quite a helpful skill to have.
01:32 So the transition and,
01:35 you know, I have an amazing team and I have a very supportive boss,
01:40 and there's wide tolerance for
01:43 and encouragement, for the different ways of engaging with different reflections.
01:47 So actually, it was a very kind process.
01:52 It was actually really, like you say, fun.
01:54 There's some power in this legal background.
01:57 Yeah,
01:57 and I think it's your legal training actually gives you,
02:00 and Sim actually said it and he highlighted it.
02:04 He says the ability to manage at a strategic level
02:07 the high level, and then to dive down deep into the detail,
02:10 and lawyers have to be able to, you know,
02:13 run that spectrum of where you need to operate.
02:16 So it definitely does stand you in good stead.
02:20 It's amazing then, how over 22 years,
02:25 how has the culture evolved for you within the bank?
02:28 So I was reflecting that I've actually grown up in the bank and
02:33 and I think
02:34 coming in from practice as it then was, was quite
02:39 adversarial, very, you know, almost combative.
02:43 You must remember the lawyers are there to articulate and to win
02:47 whatever case it is that they have.
02:49 And one of the biggest reflections for me coming into
02:53 our bank was just the warmth
02:56 and just how everything
02:59 was configured to support and to treat you like an asset,
03:03 not as a liability and to help you reach your full potential.
03:08 And so it's an open invitation
03:11 to grow up here, make your mistakes.
03:15 And I've certainly made my mistakes.
03:17 There's been a lot of smoothing of some of the rougher edges,
03:20 but I really appreciate the, you know, the ability that I've had to
03:25 to grow with the organisation and to be where I needed to be.
03:29 Sometimes, like I was saying, you know, you want to
03:32 you know, pedal to the metal and you go in hard, and then
03:36 other times you just need to lift the pressure a little bit
03:40 when you're transitioning, you're having children,
03:42 if you maybe studying and the organisation has got a lot of flex built into
03:48 to allow you to do that.
03:49 That's amazing
03:50 because as an outsider looking in, you always think banking,
03:55 financial services is so hard, it's so macho, it’s actually not nurturing,
04:00 but you are actually saying it actually is the opposite.
04:02 Absolutely,
04:03 and I think that has been the case over those 22 years.
04:07 And that's not to say that you don't have highs and lows,
04:11 you know, you will have times and I call them golden eras where
04:15 you have a team and an era of people that you're moving
04:21 through the organisation with,
04:22 and it's just really special times, and
04:24 you have other times
04:25 people move, people change, and maybe it's not as golden,
04:29 so you have, you have the more rewarding times,
04:34 you know, over those long 22 years, it can't be nirvana every day.
04:40 No, It couldn't be like that every day. No, exactly.
04:42 It's not that much of a bubble.
04:44 Yeah.
04:44 It really feeds, I think, across all the human dimensions.
04:49 If it's your technical,
04:50 if it's your personal development, your interpersonal skills,
04:54 there’s every kind of support
04:58 or encouragement to take up any of those initiatives
05:02 and to evolve and follow your dream and where it is that you need to
05:08 take your life to.
05:09 But those options just have to be taken.
05:12 You know, they're not served on platters.
05:13 Yeah.
05:14 You have to stand out as being a candidate
05:18 that the investment in your development is, you know, worth it.
05:23 So it's
05:26 and it's not a one day game.
05:27 I think, you know, it can look intimidating from the outside
05:30 because you just think you come in and you operate there.
05:33 But that wouldn't be fair.
05:34 That would be setting people up for failure.
05:36 So you come in and you find your path,
05:40 and all the initiatives and support are there.
05:44 And obviously what's really good is if you have a line manager,
05:48 you have a team and the combined win, if everybody's winning, you know,
05:54 the team, the business, the bank, the continent, everybody benefits.
05:58 And that's actually the ideal, so,
06:00 you know, in this day and age, I think it's a it's a tough world,
06:03 it’s volatile world.
06:04 And I think it's an organisation that aspires
06:07 to bring out the best in humanity, for the common good.
06:11 And I think that's the really powerful thing.
06:15 Maybe our countries,
06:17 our leaders, our global leaders,
06:19 maybe there’s some of them falling short, you know, role modelling.
06:24 And, you really have to respect an organisation
06:27 that really tries to do right, by the world at large and by its people
06:33 and obviously her her clients.
06:36 No, definitely,
06:37 it says... it gives us a very good picture that you've been here
06:42 for more than 20 years and you still feel the way you do.
06:45 I'm sure you have mentors that you had along the way.
06:49 Definitely,
06:50 and I love that I know who those people are,
06:53 when I find myself quoting them, you know, as I go about my day to day
06:57 and just, you know, my first principal in practice,
07:00 he always said,
07:01 “Read your papers Ashleigh.
07:03 You must read your papers,
07:05 people don't read”.
07:06 So just building and fostering that sense for applying your mind,
07:10 doing your best,
07:12 putting your best foot forward.
07:13 And sometimes it's not perfect, but it's, you know,
07:17 just really giving fully of yourself and committing to doing things
07:21 to the best of your ability, I think is a great differentiator.
07:26 And then my first line manager at the bank was an amazing lady as well.
07:30 And she had a whole lot of just sound common sense,
07:36 practical ways of doing things
07:38 that to this day she laid a foundation and a legacy
07:42 that we reaped the rewards from for many, many years afterwards.
07:47 And I still look today
07:48 across some of our areas in transaction banking.
07:51 And I'm like, wow,
07:52 you know, you guys missed out on somebody like that.
07:55 Just giving you that solid introduction and foundation into the organisation.
08:00 You know, we keep aspiring and trying to
08:03 to pay it forward
08:04 all of the benefits we've had.
08:06 And then, yes, I've had some really fun leaders
08:10 over my time in the organisation, people that really supported and backed,
08:15 you know, me and, you know, some of the struggles I was going through,
08:20 my team.
08:21 And they just kind of put their what do they say?
08:24 Put your arms around your team
08:26 and just look after your team and I will look after you.
08:29 And that was all I needed.
08:31 That's great.
08:32 I actually have a message from one of your mentors, Claire Denny,
08:38 That was my first line manager.
08:40 So here goes.
08:42 This is the letter from her to you.
09:16 It's funny, I only met you a few minutes ago,
09:21 but I can feel that warmth,
09:23 that just draws you in and you start chatting and you can’t stop.
09:27 How do you motivate your team?
09:29 Those connections are important.
09:31 Nobody wants to be a number and just arrive, not be seen,
09:36 not be appreciated and not be valued.
09:40 So for me, I find it so important that people that are entrusted
09:46 with the care of others, which is what your line managers are,
09:50 there's a huge responsibility on them to foster that connection
09:55 that people need to feel
09:57 to the organisation
09:59 and what we're trying to achieve, and to each other.
10:03 So if you're not fostering that, if you don't give people a sense
10:07 of belonging and value
10:10 for their contributions, they disengaged.
10:14 So for me, building a team is like building a family.
10:17 You know, it's nurturing and constantly building those connections.
10:21 And obviously, you know, it's a high performing environment, so
10:25 we need people that are invested and want to reach their full potential, want to
10:31 just see where their paths take them
10:33 and where they going and what opportunities come up.
10:35 So when you have that magical combination,
10:38 it's actually unbelievable what you unleash.
10:42 So for me, teams are about creating connection
10:46 and intimacy, support
10:49 and you move forward together.
10:52 And I always say, you know, I love that
10:53 we bask in, you know, if somebody does well, we bask in your reflected glory,
10:58 so uplifting and celebrating each other.
11:01 It's so healthy.
11:03 If you've got a healthy human ecosystem,
11:07 there's no limit on what you can achieve.
11:15 You know, back 30 years ago, in my world,
11:19 you spoke about diversity,
11:22 then it's moved, diversity and inclusion.
11:26 Then it became belonging also.
11:28 And you add the ‘you matter’ element, as a leader
11:33 you show the people that you lead, that they matter
11:36 and, yeah, that's why you've been so successful.
11:39 I have no doubt that you've mentored a lot of people
11:44 based on what you've said, how many people you are mentoring now?
11:49 If you are able to say that.
11:51 There's the mentoring that you do as part of your daily,
11:54 you know, engaging with your team, your direct team formally,
11:58 then there's some people that will approach you for mentorship
12:02 engagements and initiatives.
12:04 There's quite a couple of those,
12:06 you know, I have
12:08 Shimiso in the SA team I have Tersia also in our
12:13 TXB, SA team.
12:15 I connect,
12:17 I connect a lot with people.
12:18 So, and I prefer it that way to formal mentoring, you know, because then
12:23 we need to be clear about what do we want to achieve after the mentoring.
12:28 What is the, the leveling up that the person is looking for.
12:32 So I find, theres... mentoring is compulsory
12:37 once you get to a senior level because you do need to be harvesting
12:41 and investing back into the people
12:45 that are your people that you journey with.
12:47 Yeah. Lift as you rise. Yeah.
12:50 Yeah, I love that, I do love that.
12:52 Actually, I think there's a message from one of your mentees.
13:59 That's amazing
14:00 and I wish we could have more of that
14:04 because we always say women should mentor others and open the doors
14:10 and send that ladder back so that someone else could come, you know.
14:14 So, yeah, well done in that space.
14:18 When you started here, you had just got engaged.
14:22 So you've got married here and two kids later
14:26 you're still here and are continuing to rise.
14:29 What would you say to a 20 year old
14:33 who has just finished,
14:35 okay, she is quite bright because she just finished that
14:38 junior degree and she's looking at all the options that the world has to offer.
14:43 What would you say to her?
14:44 I would say, don't waste the opportunities
14:48 that will be presented here, and put your best foot forward every day.
14:54 Do not just skim the surface.
14:57 You have to go in 100% and you will not believe
15:03 what the organisation and what will come back to you.
15:07 In fact, you know, always find the opportunities, find those.
15:11 This is what opportunity looks like.
15:13 You know, those that put their hands up and put themselves forward and just
15:19 are generous.
15:20 They are generous of spirit.
15:21 They give of themselves and they give of their skill and they give of their time.
15:25 So don't hold back.
15:27 It's really important just to be you
15:31 and to back yourself.
15:32 And it's hard for a 20 year old, you know, a young person to do that.
15:37 But I just find
15:40 I love that there's a quote and I'm probably going to get it wrong,
15:42 but it's like, just be yourself because everyone else is already taken.
15:46 Ha, ha, I love it.
15:49 And who's got time to manufacture a persona.
15:52 So just be the best version of you,
15:55 and even sometimes it's a bit messy, but that, you know,
15:58 if you're always willing to learn, accept your mistakes,
16:02 learn from them, and try not to repeat them.
16:06 That's all anybody ever asks.
16:08 That's so true.
16:10 And that's what parents are supposed to say to their kids, actually.
16:16 You can only be the best version of yourself.
16:18 If someone didn't know you and they get to know you.
16:24 What surprises do they have in store about who you are?
16:28 I think I can come across as quite
16:31 severe, quite intimidating.
16:34 And I know for many years, and I don't know if it was coming
16:38 out of the legal field, you can sometimes be seen as aggressive
16:42 as opposed to assertive, you know,
16:45 so it can be a little bit much.
16:48 You know, people initially will be a bit, she's a lot.
16:51 But I think once people just calm down and just,
16:55 you know, we have an opportunity just to be and just to get on with it,
16:59 they realise I'm definitely not there to fire any guns,
17:05 you know, I'm there just because I want to get the job done
17:08 and I want to get it done to the best of everybody's ability.
17:11 So actually not so scary, I would suppose they would say.
17:17 And I'm really not trying hard to be scary, but I think it's just,
17:21 like you say, just from the outside looking in, people don't know you.
17:25 They don't know what's going on.
17:26 I'm pretty easy-going and I can't stand it when people are very rigid
17:31 and, you know, we have to behave in a certain way,
17:34 which is why Practice didn't really resonate with me.
17:37 It's very formal.
17:38 There’s certain ways to come, you know, to speak. And
17:42 I... it didn'twork for me.
17:45 But, you know, I find that people
17:47 find it easy to call women leaders aggressive
17:51 when they are assertive and assertion is reserved for men.
17:55 So I think it's a very selective term,
17:58 depending on who the leader is.
18:00 Yeah. Yeah.
18:02 What don't you like about your job?
18:06 It's just a lot.
18:08 It's a lot.
18:09 There’s so many balls.
18:11 And sometimes, you know,
18:12 you just see all the balls dropping like, oh, those are all my balls dropping.
18:15 I'll pick them up.
18:16 But yet that is the biggest attractor for me,
18:19 because it's ever changing,
18:20 and I never have everything sewn up.
18:23 So the challenge is constant and it's a battle
18:27 because I'm going to get this
18:29 figured out and aligned.
18:31 But just as you gave one side figured it's changed and it's different,
18:35 you know, on the other side.
18:36 But that's what's kept me so busy and engaged.
18:38 You just never master it. And it can be exhausting.
18:41 But yeah, it helps when you've got amazing people to draw on.
18:46 Yeah, just to help you.
18:48 How do you unwind?
18:51 Okay.
18:52 The honest truth,
18:55 I mean, I love reading, but actually I find it so easy to doomscroll,
19:00 you know, and you just get sucked into your TikTok and just,
19:04 there's so much out there,
19:05 so for a busy mind, you know, it's lovely just to see so many different things.
19:10 And TikTok, you can come across astrophysics and then humour and cats
19:15 and dogs and people, but I, I do love to read
19:19 so if I can I, I'm trying hard
19:23 not to get, go down the social media rabbit holes
19:27 and I like to spend time with my family chilling,
19:31 beach time, holiday time.
19:34 And we like to chill together so they definitely my DNA.
19:37 Yeah.
19:38 Yeah. That's amazing. You've done well.
19:41 You've really done well. Congratulations.
19:44 What does the next ten years look like?
19:46 So I've recently ascended to the fifth floor of life,
19:53 so I'll put it.
19:54 Yeah.
19:54 So we are basically we're looking at now is the time
19:59 where I feel quite a sense of responsibility to,
20:06 to make sure I'm putting back into the organisation that whatever
20:09 I'm setting up will benefit the future generations and leaders coming through.
20:14 I'm in such a happy place.
20:15 Like I say, it just I'm busy.
20:18 I don't have time to think about the next,
20:23 you know and my second career, ja,
20:25 I started you know, I do have to have a plan
20:28 I can't arrive without a plan, so yeah, that's going to be the next 5 to 10 years.
20:33 Yeah, well you have time,
20:35 you've just arrived on the fifth floor.
20:37 Those of us that are looking more towards the seventh floor, enjoy it.
20:43 Ha, ha, yeah.
20:46 It's been an honour to meet with you and to engage with you.
20:50 You've done well. And congratulations.
20:53 Thank you, Dr Judy.
20:55 It's actually been an amazing experience.
20:57 And really, I thank you for the messages as well.
20:59 You know, it's so nice when you get those sound bites from you past coming back
21:04 and just to hear that as well.
21:05 So thank you.
21:07 It's gone really quickly.
21:09 Yeah, I wouldn't have thought
21:09 Yeah, I wouldn't have thought
21:10 Thank you, Ashleigh.
24:21 I worked with Ash in the early days of her career.
24:25 Besides being incredibly good technically
24:29 two leadership traits were immediately apparent.
24:32 Firstly, her strength of character
24:35 and secondly, the connections she found with people.
24:39 She had a wonderful warmth and sense of humour that just drew you in.
24:44 I have no doubt that both traits have stood her
24:49 in good stead as she has progressed in her career.
25:15 It was two years ago that I felt that I had reached a glass
25:20 ceiling and in advancing my career, I reached out to Ashleigh at that
25:23 time to ask if she would be willing to share her guidance and advice with me.
25:28 Ashleigh not only was willing to share insights with me,
25:31 but whole hearted, and it took to continue mentoring me on a longer term basis.
25:37 Over these two years, her guidance has not only placed me
25:41 in the ideal position to take advantage of the next steps in advancing my career,
25:46 but has also helped me in overcoming other challenges
25:49 that were preventing me from achieving my stretch goals.
25:52 I'm very grateful to Ashleigh for being so generous with both her time
25:57 and sharing her wealth of experience, especially in our corporate environment
26:01 where both time and knowledge sharing are scarce commodities.
26:05 Not only have I learned from Ashleigh but this has placed me in a position
26:09 where I'm able to pay this forward to other people that have approached me
26:13 for similar guidance.
26:15 I very much look forward to continuing this journey with
26:18 Ashleigh’s valuable guidance.

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