New BU at the mercy of incompetent leader - Account Director Finastra Employee Review

A bad apple : If you have a toxic leader at the top it will only follow downstream to other leaders and we bear the turmoil in mid management. Constant cost cuts, micro managed, lack of trust, led by fear, internally promoted executive leader with zero experience in leading large teams let alone the domain expertise, lacks empathy, probably has the highest T&E in the company yet talks about cost, manages like an autocrat and expects reporting management to do the same. Unit has the highest attrition rate due to micro management and lack of trust. Is a good talk but lacks any depth on the domain. When the leader is like that, one can only imagine how that is transmitted downstream to our leaders. If only one looked under the cover. So many talented leaders in the company who could do the jobs only we understood that diversity needs to also match skills, productivity and talent. The morale is low in the BU due to the breeding autocratic culture and we are losing/ and will lose talent. Its a disappointment and shame on how we got here from where we used to be.