Financial services sector needs more women in senior roles, industry group warns

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Financial services sector needs more women in senior roles, industry group warns via IrishTimesBiz

“We know that financial organisations are committed to achieving diversity and gender-balance targets, but more needs to be done. Fundamentally it makes good business sense: fostering and harnessing the talent of women will ensure firms have access to a strong pipeline of talent,” said Financial Services Ireland group director Patricia Callan in a statement.Analysis by the Central Bank of Ireland has also indicated a relative dearth of women in senior financial services roles compared with men.

Meanwhile, the average hourly pay differential currently amounts to 21.1 per cent across Bank of Ireland, AIB, Permanent TSB and Ulster Bank, the Financial Services Union said last month. The gap at PTSB amounted to 17.5 per cent, rising to 18.4 per cent at AIB, 20.5 per cent at Bank of Ireland and 28 per cent at Ulster Bank, which is exiting the market.“Having a diverse workforce, which reflects the society in which financial services companies operate, will help those companies to succeed.

“Both of these programmes have been highly successful and the feedback we have received both from women who have participated and from member companies has been extremely positive,” said Ms Callan.

 

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