We definitely think so.
The Ghadia review has revealed that female representation in the financial sector is around 23% on Boards but only 14% on Executive Committees.
To improve gender diversity, the Women in Finance Charter was established earlier this year by HM Treasury. The Charter reflects the government’s aspiration to see multi-level gender balance across financial services firms.
Prime Minister Theresa May said,
“Too few women get to the top and many don’t progress as quickly as they should or they leave the sector completely. So it is good news that so many firms have signed the Women in Finance Charter and are now dedicating themselves to tackling gender inequality.”
Among the 72 firms now committed to the Charter; Virgin Money, Legal and General and 11 others are aiming for equal gender representation in senior positions.
Despite working in the highest paid sector, women in finance earn 20.3% less than their counterparts across the economy. This is our country’s widest gender pay gap.
Emma Codd, Senior partner at Deloitte said,
“A great deal of progress has been made in the past half century, but we should not wait another 53 years for full parity.”
The upcoming Visible Women Rising conference aims to discuss these issues and inspire progression. Keynote speakers and thought leaders alongside Emma Coddinclude Helen Dale, Director at Grant Thornton and Aintoinette Boateng, Diversity and Inclusion Lead, Schroders.
Delegates will have a unique opportunity to engage with decorated seniors in the field – to ask questions and be mentored by them.
For more information on how you can get bursary/sponsored tickets, please contact us today on 0207 404 3927 or email us at firstname.lastname@example.org
— Visible Women (@Visible_Women) October 18, 2016