L&G signs Women in Finance Charter

Ryan Fowler

July 12, 2016

women handshake

Legal & General has signed the ‘Women in Finance Charter’ which aims to improve gender diversity and increase the number of women in senior leadership positions across the financial services sector.

Legal & General are putting in place a number of initiatives to increase the number of women in senior positions across their business including:-

Their aim is to increase the number of women in senior grades from 35% to 40% by the end of 2017.

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Specific focus on recruitment- Ensuring there is a minimum of one woman on every shortlist and implementing diverse interview panels which will help widen the talent pool and ensure that Legal & General is an attractive employer to women.

Recruitment agencies and head-hunters will work closely with Legal & General to ensure they are able to achieve diverse shortlists and increasing and maintaining diverse networks.

Nigel Wilson, group CEO, Legal & General, said: “50/50 by 2020 is our ambitious aspiration that drives our progress towards truly diverse leadership teams across our business.

“We will continue to use our influence both internally and externally and we are delighted to demonstrate our commitment to the Women in Finance Charter as part of this.”

The Charter was launched by HM Treasury following recommendations made by Jayne-Anne Gadhia, chief executive of Virgin Money, who led a review into the representation of women in senior leadership roles in Financial Services.