Women in Finance Charter
The Nottingham is proud to be signatory to the
Women in Finance Charter, a government initiative to improve gender diversity in senior positions within the financial services sector. The Charter was introduced in 2016 following the publication of the government-led review “Empowering Productivity: Harnessing the talents of women in financial services” by Jayne-Anne Gadhia.
The Society has a strong record on diversity and inclusion achieved over many years and continues to focus and invest efforts in this area. We were therefore delighted to see that The Nottingham featured in the Gadhia review as one of the leading organisations in the rankings of female leadership representation across the financial services industry and the only Building Society in the top 20 financial services organisations.
The Society has, over many years, maintained a gender balance across all levels of leadership within the organisation, including at Board Level (Executive & Non-Executive Directors), which has been achieved whilst pursuing a strategy of appointing the right individuals for roles, regardless of gender.
Current and previous Board & Senior Leadership level gender diversity
|
Sep 2018
39% female |
Sep 2017
45% female |
Sep 2016
45% female |
Sep 2015
37% female |
Sep 2014
47% female |
As part of our commitment to the Women in Finance Charter, and in the context of our strong position in terms of gender balance, we have set a floor for gender diversity across our senior leadership population. We will monitor and report our progress against this on our website page.
Board & Senior Leadership level gender diversity floor of
|
30%
female
|
In 2018, our female senior leadership remained unchanged, but as a result of our re-organising teams for sustainable growth and innovation, the balance of male senior leadership slightly increased. However, we still remain strongly above the diversity floor and our commitment to gender diversity is ever prevalent.
We are confident that our “Doing the Right Thing” culture, which includes a commitment to diversity, continuously developing our leaders and robust succession planning, talent development and opportunities for promotion will continue to contribute towards maintaining a strong female representation at senior levels with key talent being engaged, developed and promoted into senior roles.
At the Nottingham, we are justly proud of our current position on diversity and inclusion that has been achieved over many years. Our Senior Leadership composition reflects our employees, members and wider communities and, in signing the Women in Finance Charter, we pledge to continue to focus and invest in this area across our whole society.
David Marlow, Chief Executive Officer