In February 2018 we signed HM Treasury’s Women in Finance Charter, a commitment to improve gender balance across the financial services sector, at every level.
When we signed the charter, our goal was that 40% of senior managers are women by 2021. When this target was set, we had reached 37% meaning our goal was a three per cent increase over three years. As of August 2020, we had surpassed this target for a second year running with 42.4% and increased our target to 45% by December 2023.
As of August 2021, we have seen a slight drop in representation to 40.2%. A smaller senior leadership pool means that even one change can have a big impact. Our ultimate long-term goal is to achieve gender parity, and we remain positive that we’ll reach our 2023 target.
To find out more, read our gender pay gap reports.