David Wheldon – It’s a ‘We Thing’: Creativity, Humility and Advertising’s Future

This week on The MCA Prodcast Pat Murphy is joined by David Wheldon, President Emeritus of the World Federation of Advertisers (WFA). With a career spanning decades at agencies including Saatchi & Saatchi, WCRS, Lowe, BBDO and WPP before moving into global brand leadership at Coca-Cola, Vodafone, Barclays and RBS, David is one of the most respected and influential figures in advertising. He was appointed WFA President for the second time in March 2025 and is the recipient of an OBE and a Lifetime Achievement Award from The Drum.Pat and David explore what it really means to build brands from the inside out. From David’s formative years at Saatchi & Saatchi, where “nothing is impossible” was literally carved into the steps, to his time heading global marketing at Coca-Cola, where his first humbling discovery was that nobody in the boardroom talked about advertising. David shares how the leap from agency to client side fundamentally reshaped his understanding of what marketing is, and what it takes to be a genuinely great CMO. David reveals the inside story of his five-year stint at RBS as part of what he calls the ‘clean-up team’, overseeing the rebrand to NatWest and working to rebuild public trust after the 2008 financial crisis. His guiding philosophy: ‘It’s hubris that got us into this mess. It’s humility that will get us out of it.’ He also reflects on whether banks have truly learned their lessons from the crisis.David approaches AI with optimism but clear-eyed caution. He argues that the big idea and the brand platform are more important than ever, pointing to MasterCard’s ‘Priceless’ campaign as a masterclass in a single advertising idea that has scaled across an entire business. But he warns that the industry isn’t being honest enough about the human cost of AI-driven change, and that job losses need to be part of the conversation.David also reflects on his return as WFA President; stepping up to defend the organisation’s mission of protecting commercial free speech in the face of a legal challenge brought by Elon Musk, and why his independence made him uniquely placed to take on the role. See David’s favourite ad: V&A Museum – An Ace Caff with quite a nice museum attached. Hosted by Pat Murphy Connect with Murphy Cobb and The Prodcast:Murphy Cobb & Associates |  The MCA Prodcast  |  LinkedIn  |  Instagram | Email