Westdeutsche Landesbank
Girozentrale
I'm back again to see if Westdeutsche Landesbank Girozentrale
(WestLB) can top the terrible reception extended to me four years
ago. With over $350 billion in assets, 10,000 employees and representative
offices in over 35 countries, WestLB considers itself one of
the bigger fishes in the international banking world.
Four years ago I arrived
in the lobby of the 11-story head office building and used the
security guard/receptionist's phone to call up CEO Friedel Neuber's
secretary to find out who ended up with my introductory letter.
Another secretary answers the phone and says neither of Neuber's
secretaries is around and next thing I know I'm being connected
to a man who answers the phone with an abrupt "yes!"
I identify myself and start to explain why I'm here but within
10 seconds he cuts me off with "were not interested".
I then reply, "you haven't even let me explain what I do".
Again answering as if annoyed he says, "we're not interested".
I respond with, "I've come halfway around the world to visit
your bank and you're dismissing me without even knowing what
I do" "Yes", he replies. I ask for his name and
title. "Michael Wilde, head of press", he answers.
I tell him, "I've visited half a dozen other big banks in
Germany including Dresdner, Commerzbank and Hypo-Bank and was
well-received". He replies, "I don't care what they
do". I remember leaving and mumbling the words "what
a jerk!" to myself.
Built in 1974 and
occupying a square block, the tiered building isn't in the most
prestigious part of Dusseldorf and looks more like a government
building. Then again, it is a government building since the bank
is 43.2% owned by the State of North Rhine-Westphalia with the
rest split amongst the Regional Association of the Rhineland,
Regional Association of Westphalia-Lippe, Savings Banks and Giro
Association of Westphalia-Lippe and Savings Banks and Giro Association
of the Rhineland.
Four years later I
return to the same large lobby and use the reception desk phone
to call up CEO Friedel Neuber's secretary. No one's seems to
know anything about the letter and I'm transferred to an unidentified
man. I explain who I am and what I do. The man says he hasn't
any time. I go on to explain how I was here four years ago and
received the brush-off and was hoping someone would have 15 minutes.
After several more minutes of practically pleading on my part
he says, "just 15 minutes?" I assure him that's all
I need and an appointment is made for tomorrow. I ask his name.
"Michael Wilde", he answers. It's not until I'm on
my bicycle riding off in the rain that the name "Michael
Wilde" registers. It's that jerk who was so nasty to me
four years ago!!
The next day I'm early
for the appointment. Plenty of thoughts and questions are racing
through my mind. How I'm going to react to this guy? Do I take
him to task for what happened four years ago? Do I say nothing?
What does this guy look like? I bet he's a heavy set man who
smokes cigars. No, he's most likely a cigarette smoker and wears
wing tips. No, I bet he's short, has a fake smile, dresses slick
and has an exaggerated sense of self-importance.
After shaking hands
we walk back to Wilde's office and start to go through the questions.
His dismissive answers to my questions are done in a manner so
as to make clear that what I'm doing is wasting his time. His
fake smile reminds me of the Cheshire cat in Alice in Wonderland.
I end up telling him what happened four years ago and how unprofessional
I thought he was in dismissing me so abruptly. Surprised by what
I say Wilde offers an apology. My visit is over in less than
10 minutes. My request to see the CEO's office and boardroom
is quickly shot down with "they're not open to the public".
About 1,000 people
work here. Smoking is allowed in offices. Wilde describes the
company's art collection as being contemporary. There's one cafeteria
and guest dining rooms. Though my appointment was at 11AM, I
knew before even arriving that Wilde wouldn't extend an invitation
for lunch. It's five miles to Dusseldorf's airport and a mile
to the nearest freeway. No employee perks here.
Wilde's business card
reads "Vice President-Head of Press and Information Department"
and I'm completely astonished to learn he's been with the company
27 years. I forgot to ask if WestLB conducts job performance
reviews here.
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