When Jarden, a New Zealand-based investment bank and advisory firm, revealed in May 2020 it had poached four senior bankers to establish an Australia business, Sarah Rennie – one of the four – was described as Australia’s “most senior active female investment banker”.on either side of the Tasman. To get there, she had to work hard and learn to use her voice – and make the decision to leave one of the best names on Wall Street.
Rennie says of her brother: “He definitely was an early mentor of mine and encouraged me to make the jump. She adapted by making sure she was heard, and to achieve that, she learned to be economical with her voice.“Looking back, I suspect I was selective when I spoke, and I tried to have impact when I did. Part of it is just being a junior person with limited experience, but I didn’t freely express my views at all times.”
On the latter point, Rennie says the bank is making progress, by offering generous parental leave and providing extra flexibility after a parent returns to work, recognising that they may not be able to carry the same load and need to work from home often. Jarden asks staff to come to the office three days a week, but they tend to come in more often.
Still, she says that investment banks need to do a better job at promoting themselves as a career option for women.Ultimately I love the job. I’ve been really lucky to have had amazing support both personally from my family and professionally through some incredible career champions. Without either of those support mechanisms in place, it would have been much more difficult.” Rennie has three children and her partner works part-time.
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