FCA sets 50% target for female leadership roles

To become 'stronger' regulator

Victoria McKeever
clock • 2 min read

The Financial Conduct Authority (FCA) has set itself a target of 45% of its senior leadership team to be women by 2020, as it reiterated its commitment to diversity in senior roles.

The regulator aims for this rate to go up to 50% by 2025, on a team that currently consists of 95 members. The FCA also set Black, Asian, Minority Ethnic (BAME) targets for its senior leadership team- 8% by 2020 and 13% by 2025.  FCA chief executive Andrew Bailey said: "Every day we make judgements and decisions that impact almost everyone in the UK so it's vital that our people reflect the society that we serve." Bailey explained that setting a target for the FCA's senior leadership team was a logical next step for the regulator. He added: "Encouraging diverse attitudes and opinio...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Editor's view: Challenging the 'male-dominated' advice narrative

Editor's view: Challenging the 'male-dominated' advice narrative

The editor's Friday Night Takeaway from 8 November

Jen Frost
clock 08 November 2024 • 3 min read
City minister backs plans to charge CMCs FOS complaint fees - reports

City minister backs plans to charge CMCs FOS complaint fees - reports

After new FOS case reports across sectors surged

Isabel Baxter
clock 08 November 2024 • 2 min read
Women in Financial Advice Awards 2024: Photos from the night!

Women in Financial Advice Awards 2024: Photos from the night!

Winners collected their awards at the WIFA 2024 ceremony on 6 November

Professional Adviser
clock 08 November 2024 • 1 min read