ICAS signs up to Women in Finance Charter
ICAS has joined over 400 organisations, spanning from global banks to small-scale fintech start-ups across the financial services sector, by signing up to the Women in Finance Charter.
We have signed up to the HM Treasury Women in Finance Charter as an employer – a charter dedicated to supporting the progression of women into senior roles in the financial services sector.
The charter is a commitment by HM Treasury and signatory firms to work together to build a more balanced and fair industry. Becoming a signatory of the charter demonstrates ICAS’ commitment to developing and harnessing female talent in the finance and accountancy profession.
Sarah Speirs, Executive Director, Member Engagement and Communications at ICAS said: “Ethical leadership is at the heart of everything we do at ICAS, and we are committed to championing equality, diversity and inclusion within our profession. We are delighted to sign up to the Women in Finance Charter and further our commitment to gender equality as an employer.
“We currently have 67% female representation in senior management and our target is to ensure that female representation at senior management level does not fall below 50%.
“We will facilitate this by offering flexible and hybrid working practices and by embedding employee development plans for our colleagues which help to develop and support all training and development needs.”
The charter outlines clear commitments which all signatories need to adhere to. This relates to setting gender diversity targets in senior management and reporting these targets to HM Treasury.
Following a review in 2015 by Dame Jayne-Anne Gadhia, former CEO of Virgin Money, to investigate why a high percentage of women fail to progress from mid-tier level roles within the finance sector, the Women in Finance charter has continued to examine why gender inequality exists to this extent and what can be done to support women in the workplace.
Statement
As of 12 April 2023, we have 67% female representation in senior management versus 33% male representation in senior management. Our target is to ensure that female representation at senior management level does not fall below 50%.
We will facilitate this by offering flexible and hybrid working practices and by embedding employee development plans for our colleagues which help to develop and support all training and development needs.