Remote work in Finance and opportunities for FinTech with INSEAD Finance Prof. Lily Fang

<p><a href="https://www.linkedin.com/in/lily-fang-b119035/">Lily Fang</a> is Finance Professor at <a href="https://www.insead.edu/">INSEAD</a>. We discussed Lily's fascination with Finance, innovations in the field like FinTech and the results of our survey among listeners on the impact of remote working in Finance and the opportunities this may present for FinTechs.</p><p>We talk about:</p><ul> <li>What drove Lily to become an academic after her Ph.D. at <a href="https://www.wharton.upenn.edu/">Wharton</a> </li> <li>Trends in education (MBA, EMBA) since the early 2000s</li> <li>Lily's main research interests focus on financial intermediation, financial institutions, asset market, media, financial markets, and China and how the rise of FinTechs fit into all of these</li> <li>Our survey we have done in November on the remote work in Finance and opportunities for FinTechs.  The make-up of our respondents:</li> </ul><p>- <em>Over 40% worked in various Finance functions, another 15 % in FinTech and 15% in VC or PE roles, and 10 % in Investment banking.  <br>- Over 75% of responders have working experience of 10 years and more. </em></p><p>- <em>They come from a mix of independents and small companies (35%) and large companies (30%) and the rest in between. </em></p><p>- <em>Nearly 60% are in senior roles (Director, MD, or Partner). </em></p><p>- <em>Lastly, nearly 60% are based in Europe, over 20% in Asia, 10 % in the Americas, and the remainder in Africa and Australia.</em></p><ul><li>We asked the respondents about how remote working, made more commonplace by the pandemic, impacted their work in Finance:  </li></ul><p><em>- Were you impacted by remote working a lot or not? <br>- Do you think it's temporary or permanent? <br>- Where do you see the biggest impact (e.g., teamwork, leadership, creativity or productivity)? <br>- Do you prefer a home office or not? Why?</em></p><ul><li>Then we focused people's attention on how to turn these changes, which seem to have a profound impact on the way we work for the