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Financial firms commit to tackling gender inequality

Financial firms commit to tackling gender inequality

Over 90 financial services firms have signed up to the government’s new Women in Finance Charter that aims to increase the number of women on financial firms’ corporate boards and executive committees.

These firms have agreed to implement key actions to tackle gender inequality, including: having one member of its senior executive team who is responsible for gender diversity; setting internal targets for gender diversity in its senior management and publishing progress against these targets on its website.

More information about this Charter can be found here: https://www.gov.uk/government/publications/women-in-finance-charter

This initiative was launched in the wake of a recent government review that showed that in the UK financial services female representation is only about 23% on boards and only 14% on executive committees.