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

Data headwinds

Eve Maddock-Jones
clock • 4 min read

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...

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

Friday Briefing: A call-out for your stories 

Friday Briefing: A call-out for your stories 

Friday Briefing

Eve Maddock-Jones
clock 12 February 2024 • 3 min read
Sexual harassment 'remains commonplace' in the City with 'little or no action' taken

Sexual harassment 'remains commonplace' in the City with 'little or no action' taken

Treasury Committee private roundtable

Cristian Angeloni
clock 18 January 2024 • 6 min read
Six 2023 Pathway Programme members promoted to portfolio manager

Six 2023 Pathway Programme members promoted to portfolio manager

Graduation for first year of the scheme

Eve Maddock-Jones
clock 08 December 2023 • 4 min read
Trustpilot