Fox & Partners has just published research that shows that women make up only 15% of senior management positions at financial services firms with just 7,552 of a total 50,639 senior management jobs held by women, showing very little change from similar figures last year. The findings have been reported in the Evening Standard, the ‘i‘ newspaper and across the PA newswire.
The findings show that whilst good progress has been made in hiring more women to non-executive roles in financial services firms there is significant work do to in appointing women to typically better paid, senior executive positions. Gender diversity is lowest at the CEO level of financial services businesses, of which women hold just 7.8% of CEO positions (449 of a total of 5,742). Just 8.3% of Chair roles are held by women (174 out of 2,090).
To read the full press release click here, or read the coverage of the story in the Evening Standard or on the Press Association wire service including comments from our partner Catriona Watt about what businesses could be doing to improve diversity at the top.