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Higher up you go the less it's about individual performance and the more it's about what the agency needs. e.g. Even if you're good enough, it wouldn't make sense to promote you to ACD if there isn't a need for more people managers.
If your ultimate goal is to be a head of design, two years as a senior designer is a drop in the bucket of what you'll need to get there. Stay hungry, keep honing your skills, start looking for more opportunities to get involved in the business of what you do. The promotions will come (whether internally or you finding them).
Thanks I needed this!