Finance affects every single civilian in society. We rely on our finances to get us to where we need to be in life, to ensure we are safe and secure for our futures. We cannot overlook the fact that it affects us all, no matter our gender, race or age. Finance isn’t just about what we do with our money, it’s about how we manage our lives overall. Read more to find out how we support gender diversity in the Finance Industry.
With the numerous cases of misconduct in the Finance industry, it’s no surprise that people are losing trust in it. Financial regulators such as the Financial Conduct Authority (FCA) are at the heart of building fairness, trust and transparency within the finance sector. This could mean anything from protecting consumers, protecting financial markets by promoting competition or simply improving transparency in workplace pensions.
The FCA regulates 56,000 financial services firms and financial markets in the UK
Knowing how critical Financial Regulation is to the stability of our lives and the finance sector as a whole is important. But there is an acknowledgement for improved gender diversity as a whole in this sector. For example, “Despite a lot of effort, most financial services companies are stuck below 25 percent female representation at the top” Alessa Quane, Executive Vice President and Chief Risk Officer, AIG.
One way in which we seek to change this inequality is by partnering with the FCA to deliver a Spring Week which runs in April each year. We select ambitious undergraduates who are actively seeking to find out more about their career routes.
This year, our Visible Women team are also hosting an Afternoon Tea with JP Morgan – a global leader in financial services, offering solutions to the world’s most important corporations, governments and institutions in more than 100 countries.