'Gender diversity in firms has not shifted much' - FCA's Woolard

'Core part of firm assessment'

Tom Ellis
clock • 1 min read

Research into the make-up of regulated firms should make for "sobering reading", according to the Financial Conduct Authority's Christopher Woolard.

The regulator's executive director of strategy and competition was highlighting how just 15% of directors and 6.5% of CEOs in Financial Conduct Authority (FCA) regulated firms are women. And, according to the research from the regulator, the percentage of women at senior management level below boards has risen just 1.5 percentage points from 14% in 2008 to 15.5% in 2018. Furthermore, Woolard (pictured) added, the ratio of women in senior risk-management and compliance functions has risen in the last decade, but women still only hold 15% of these roles. FTSE firms urged to 'get with...

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