IA's Karis Stander: Industry has to 'drive forward' on diversity in wake of Crispin Odey scandal

Data headwinds

Karis Stander, director of the culture, talent and inclusion team at the Investment Association, has called the alleged Crispin Odey sexual assault scandal a “deeply upsetting” event for the financial industry and argued the incident has pushed other firms to ensure similar events are not repeated.

Concerns about the pace and efficacy of D&I proposals were flagged by various industry bodies last month (16 November), following a year of high-profile diversity scandals. In June, the FT reported that the eponymous founder of Odey Asset Management, Crispin Odey, had allegedly engaged in decades of sexual misconduct. The Odey Asset Management founder has reportedly denied the allegations in all cases but one, where he admitted to sexual misconduct against a former female employee in 2005, stating that, at the time of the incident, he was under strong medication following a root canal...