The City of London has a problem with drugs and alcohol that is not being properly addressed, according to Quilter chief executive Paul Feeney.
Speaking to Citywire at a special panel discussion on mental health and wellbeing in asset management, Feeney said that the square mile needed to do more to look beyond its walls for solutions to drug and alcohol problems among its staff.
'I don't think the City has ever dealt with the issue of addiction,' Feeney said.
'It certainly hasn't dealt with it well. Addiction is an issue right across the country, why would it be any different in the City – with a high pressured environment, it's more so.'
You can watch his comments above.
Feeney first spoke of his own experience with mental health in an interview with New Model Adviser® producer Ollie Smith and Citywire chairman Lawrence Lever in October last year. In December, he then revealed to the BBC that his father had brought domestic abuse into his family.
Speaking to an audience of IFAs and wealth managers at the Four Seasons in Hampshire two weeks ago, Feeney elaborated again, revealing that he had personally used Quilter's employee assistance programme during times of difficulty, and that his own family had been 'ravaged' by poor mental health, including periods of depression, eating disorders and addiction.