Financiers Pledge To Close Gender Diversity Gap

There could be more high-powered female professionals working in financial service firms after several major companies have pledged to try and close the gender diversity gap within the industry.

The Women in Finance Charter has been signed by an additional 67 companies today (July 11th), including the likes of Equifax, JP Morgan, Admiral Group and Yorkshire Building Society. There are now 272 signatures on the charter, showing how important the issue is to some of the country’s biggest financial firms.

Economic secretary to the Treasury John Glen stated: “From banking to asset management, too few women get to the top in financial services. That’s why it’s so important that firms sign out Charter and commit publicly to take action.

He added: “It’s not just the morally right thing to do; a balanced workforce is good for business, for customers, and for profitability too.”

Indeed, females can bring a lot of skills to the workforce, including creating good relationships, networking, strategic thinking, encouraging tem work, opportunism, communicating and multi-tasking.

All these skills make them among the best when it comes to sales consulting in the UK, as they can engage in conversations easily and persuade people to buy into their ideas.

The Women in Finance Charter calls for businesses to encourage their female staff to pursue leadership positions within the company by having someone on the senior executive team responsible for gender diversity and inclusion; by initiating internal targets for gender diversity in senior management; by publishing progress of these targets every year; and by linking pay of the senior executive team to delivery of these targets.