Women in Finance Charter: Senior management gender equality still 30 years away

'Frustratingly' slow progress

clock • 2 min read

Gender equality at the highest levels will take 30 years to reach in financial services unless more action is taken, according to the Women in Finance Charter.

The group has blasted the slow progress being made within the sector in its latest report. Though the financial services sector is successfully accessing more female talent at a junior level, the picture is worse at a senior level. From 2018 to 2020 the proportion of women in senior management in the industry increased by only 1%, from 31% to 32%. Six key questions about the new LGBT Great Financial Services Standards Consultancy Bain & Company, which worked on the report with the charter, found evidence of biases among financial services companies. As well as an average disp...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Diversity

Sarah Maynard (pictured), global senior head of diversity, equity and inclusion at the CFA Institute

CFA Institute's Sarah Maynard: A new framework for an inclusive investment industry

Organisations need a proven framework

Sarah Maynard
clock 16 November 2023 • 4 min read
Karis Stander (pictured), director of the culture, talent and inclusion team at the Investment Association

Inaugural IA EDI report finds smaller firms are setting fewer targets

Concerns over effectiveness of the targets

Eve Maddock-Jones
clock 16 November 2023 • 3 min read
Matt Cameron (pictured), CEO of LGBT Great

LGBT Great unveils charity gala to fund increased representation in media

Collaboration with OKRE

Elliot Gulliver-Needham
clock 14 November 2023 • 1 min read
Trustpilot