FCA's Megan Butler: Regulator faces 'struggle' to achieve diversity at senior levels

Women in Investment Festival

clock • 2 min read

The Financial Conduct Authority (FCA) "struggles at senior levels” to recruit a diverse workforce, Megan Butler told delegates at the Women in Investment Festival on 3 March.

The FCA's executive director of supervision said that instead of not having senior women and those from diverse backgrounds at those levels in the organisation, it has found another "mechanism", which is to "grow our own". At the inaugural festival, hosted by Investment Week and sister publications Professional Adviser and Professional Pensions at The Brewery in London, Butler said that the FCA's gender pay gap went "backwards by 0.3%" last year as she acknowledged "we have the same issues as the rest of the industry" when it comes to cultural change. FCA's Megan Butler: Gender divers...

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