A total of 272 companies have now signed up to HM Treasury’s Women in Finance Charter, meaning that the charter now covers over 760,000 financial services employees in the UK.
Medianett is proud to announce that it was one of the 67 new firms that signed the charter between 1st March and 30th June 2018.
Other companies included JP Morgan, Admiral Group, Equifax, Investec Asset Management, Yorkshire Building Society, BondMason, Zopa and MT Finance.
“I am delighted we have more than 270 companies committed to HM Treasury’s Women in Finance Charter,” said Jayne-Anne Gadhia, CEO at Virgin Money and the government’s Women in Finance champion.
“Gender equality and diversity is integral to creating a fairer, more prosperous society.
“But there’s still more to do and we will keep going until every organisation is signed up.”
The charter asks firms to commit to four industry actions to prepare their female talent for leadership positions:
• having one member of a senior executive team who is responsible and accountable for gender diversity and inclusion
• setting internal targets for gender diversity in their senior management
• publishing progress annually against these targets in reports on their website
• having an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity.
In March, the first Women in Finance Charter Annual Review revealed that – in the first year of the charter – 28% of signatories had already met their targets for female representation in senior management.
“From banking to asset management, too few women get to the top in financial services,” said John Glen, economic secretary to the Treasury.
“That’s why it’s so important that firms sign our charter and commit publicly to take action.
“It’s not just the morally right thing to do – a balanced workforce is good for business, for customers, and for profitability too.”
John commended the new signatories for taking a step in the right direction.
“I urge firms who’ve not already signed our charter to join us in building a more representative and inclusive industry.”
The 67 new firms that signed the charter between 1st March and 30th June 2018 are:
• Admiral Group
• AE3 Media
• Armstrong Wolfe
• Australia and New Zealand Banking Group Limited
• Barrington Hibbert Associates
• BNP Paribas Personal Finance
• Bovill Ltd
• Brooks Macdonald PLC
• Canada Life
• Coventry Building Society
• Daiwa Capital Markets Europe Ltd
• EIS Association
• Ellis Davies Financial Planning Ltd
• Engage Financial Services Ltd
• Equifax Ltd
• Evolution Financial Planning
• Fintech Strategic Advisors Ltd
• Fintellect Recruitment
• First Wealth LLP
• Flood Re Ltd
• Franklin Templeton Investments
• Global Processing Services
• Goji Investments
• Grant Thornton
• Hinckley and Rugby Building Society
• Intermediate Capital Group
• Investec Asset Management Limited
• JP Morgan
• Kames Capital PLC
• Lazard & Co Limited
• Lazard Asset Management Limited
• Magenta Financial Planning
• Marsh Ltd
• Medianett Ltd
• Mortgages for Business Ltd
• MT Finance Ltd
• Mustard Seed Impact Ltd
• National Association of Commercial Finance Brokers
• Nomura International
• Prytania Solutions Limited
• Pukka Insure Ltd
• Rathbone Brothers PLC
• Scottish Equity Partners
• SDB Bookkeeping Services
• Semper Capital Management
• Shepherd Compello Ltd
• St James's Place PLC
• Stonehaven International
• Sussex Independent Financial Advisers Ltd
• Tesco Underwriting
• The British United Provident Association (BUPA)
• The Meyer Partnership
• The Mortgage & Insurance Bureau
• TPI CAP
• UK Government Investments
• UniCredit Group
• Vanguard Asset Services Limited
• Yorkshire Building Society Group
• Zopa Limited
The full list of charter signatories can be found online.
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
300 companies sign up to Women in Finance Charter
A total of 300 companies have now signed up to HM Treasury’s Women in Finance Charter....
Hanley Economic offers self-build product in Scotland
Hanley Economic Building Society has extended its self-build and residential mortgage offerings into Scotland with immediate effect...
Why it’s important to encourage female entrepreneurs
On Women’s Entrepreneurship Day, we honour women in business, their fearless ambition, their achievements and successes...
TSB names new CEO
The board of TSB Bank PLC – with the support of Sabadell – has announced that Debbie Crosbie (pictured above) will become its new CEO in 2019, subject to regulatory approval...
Tandem opens community beta testing for autosavings
Tandem has invited its existing app users to join its autosavings beta testing community to help test its new proposition...
Secure Trust Bank enters Right to Buy market
Secure Trust Bank Mortgages (STB) has launched into the Right to Buy market with a range of mortgages for tenants looking to purchase their existing home...
Starling announces partnership with the Post Office
Starling Bank has announced that it has partnered with the Post Office as it looks to offer every day banking services to its customers...
Close Brothers appoints new NED
Close Brothers Group PLC has named Peter Duffy as an independent non-executive director...
What’s missing from the specialist banking market?
Two months ago, Specialist Banking published a feature looking at whether there was room for more banks in the sector...
TransferWise secures £65m syndicated debt facility
TransferWise has completed a £65m syndicated debt facility with NatWest, JP Morgan and LHV Bank...
EedenBull AS names non-executive chairman
New fintech company EedenBull AS has appointed Jeremy Nicholds as its non-executive chairman of the board...