AFME is proud to have signed up to the Women in Finance Charter.
The Charter aims to improve gender balance at all levels in financial services, with a particular focus on senior management.
By signing the Women in Finance Charter, AFME has pledged to:
- set a target of 30% female representation in senior management by January 2021;
- publish annual progress against this target on our website;
- have a member of our senior executive team who is responsible and accountable for gender diversity and inclusion; and
- have an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity.
Beverley Vince, HR and Operations Director at AFME said: “We are proud to be joining many of our member firms in signing up to the Women in Finance Charter. The number of women at board and executive committee level is gradually improving in European financial services, although there is still much work to do in boosting female representation. We believe that being more representative of society brings benefits across the board, from better workplace culture through to improved financial performance.”
2024 Update:
AFME continues to be committed to the Women in Finance Charter and in improving gender balance across all hierarchies of the organisation.
Specifically with regards to our pledge to work towards a 30% female representation at senior management level, we have achieved our three-year growth target, increasing representation from 22% to 25% in 2022, from 25% to 35% in 2023 and from 35% to 44% in 2024. This increased level of representation has been attained through a concerted effort in multiple areas e.g. increased focus on individual growth and development, increased training provision, the continued focus on equal opportunities in our recruitment processes e.g. blind CVs. From 2024, we are increasing our commitment to maintaining a minimum level of 35% female representation at senior management level.
Externally we support the broader efforts of the financial services sector in improving gender balance and for the first time in 2024, we have met our target of 30% representation of women keynote speakers, moderators, and panellists at our conferences and events.