Unscrupulous boss just got big promotion.....

[Horribleboss]

So a manager has just received a huge promotion so moving to a regulated role (banking). I have first hand experience of them bullying and lying about quite important things. Others also have expressed similar views (pre promotion announcement) but due to pandemic, no one wanted to rock boat given uncertainty in job market.

My personal view is that they are vastly under qualified for this role (very different jobs, so absolutely not a jealousy/competitive thing) but am really uneasy that senior management is not aware of the other activity.

Should there be a whistleblowing here and can this be anonymous? My thoughts are if they are prepared to lie about some fairly important then shouldn’t be given a fiduciary role.

Any thoughts?

All whistleblowing should be anonymous.

You can report it but it doesn’t sound much like you have evidence of wrongdoing tbh.

If you are in banking your organisation should have a whistleblowing policy

Thanks for reply. I do (emails) and suspect would give other courage to speak up

Yes, as a bank your employer will certainly have a WB policy where the WB's are anonymous.

When you say lying do you mean they have committed an act of misconduct? You have an ethical duty as a bank official to report that. If you don't feel your or their LM will act you can go up the organisational chain.

When I was in a similar position with someone in a fiduciary role I raised it to the highest level.

If you don't say anything nothing will ever change.

Thank you all.

Corhona - yes this is what I think. They are very arrogant, refer to themselves as owning everything and knowing everything so I think that level of confidence gets senior level but in but I feel need to call out the gross incompetence or we will be at reputational and financial risk as a firm.

Out of interest, why did you not report this before now?

Because of high uncertainty in job market I guess and fear of reprimand. Also maybe feeling at existing level then poor but now moving to accountable role (COO) I think needs to be called out

I work in finance. You should have an anonymous whistleblowing hotline to call but be prepared with specific examples.

Any repercussions on you are illegal.

Fair enough OP. It dos sound like you need to do something now if he’s going to be in a more influential position.

Treat whistleblowing like throwing a grenade. Be very careful. It is supposed to be anonymous and whistleblowers protected but .... just make sure you want to go down this route. I salute your bravery.

Does the promotion mean they will no longer be your boss? If so, Id take that as a win. People tend to get promoted to the level of their incompetence, if he is that incompetent and/or unethical it will come out anyway. And in my experience in banking, arrogant bullies all seem to do very well.

Make sure your evidence is bulletproof. Then whistleblow.

I think there is a professional organisation somewhere that can give support.

However if there are cultural failings in your organisation, they might turn a blind eye. In which case start looking for another job.

This doesn't sound like a whistleblowing matter based on what you've said.

100% a whistleblowing situation. Thanks for all the comments. Will think about carefully as she would still be my boss (perhaps more removed). But it needs to be called out.