Women make up 32 per cent of senior management on average, still short of the 33 per cent minimum target the finance ministry would like to see for all signatories. — Reuters pic
A Women in Finance charter was launched in 2016 by the finance ministry in a bid to improve diversity in the financial sector where just 14 per cent of executive committee members were women in 2015. A review by New Financial think tank of 187 of the firms found that only a third have met or exceeded their own targets.
“I am determined to see the financial services sector make progress on this,” Britain’s financial services minister John Glen said in a statement.
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