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Britain’s finance sector too slow to hire women to top jobs | Malay Mail

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LONDON, June 23 — Britain’s finance ministry wants more ambitious diversity targets at financial firms as the pace of hiring women to top jobs is too slow, a review said today. A Women in Finance charter was launched in 2016 by the finance ministry in a bid to improve diversity in the financial...

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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