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COVID-19 has shown global complacency, Refinitiv CEO Craig says

Tue, 26th Jan 2021 07:21

LONDON, Jan 26 (Reuters) - Refinitiv CEO David Craig said on
Tuesday that the COVID-19 pandemic had shown how fragile and
complacent the world was so leaders should challenge their
thinking in a volatile world.

"We're more fragile than we thought and we're probably more
complacent than we ought to be and we're certainly more
connected than we have ever been," Craig said at a virtual
meeting of the World Economic Forum.

"This pandemic - if there's a positive - its going to
challenge our thinking," Craig said, adding that businesses
traditionally prepare for the last crisis but not the next one.

Craig said that the world had to be careful about rules that
might stop the sharing of crucial data in times of crisis.

Refinitiv, which is 45%-owned by Thomson Reuters, the parent
of Reuters News, is one of the world’s largest providers of
financial markets data and infrastructure.
(Reporting by Guy Faulconbridge; Editing by Alistair Smout)

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