Sturgeon Ventures as a Signatory to HMT Women in Finance Charter update
In June 2022, New Financial hosted the virtual launch of the fifth Annual Review of the HMT Women in Finance Charter. More than 400 people from across the Charter signatory network joined the session live online.
Alongside the attendees, Guest Speakers included John Glen MO (former Economic Secretary to the Treasury), Gwyneth Nurse, Director of Financial Services at HM Treasury and Rehana Ameer, Common Councillor at City of London Corporation. Panellists included Damien Shieber, Head of Culture and Experience, Santander UK, Julia Hoggett, Chief Executive, London Stock Exchange. All leading to lively debate and a very busy chat box!
The top 2 takeaways from New Financial on the event are:
- Big wins include a step up in ambition on targets, with nearly half setting a target of at least 40% women in senior management positions, and a rapid expansion on collection of diversity data compared.
- On the downside, representation overall is flat, and too many signatories are not publishing their annual updates against their Charter commitments (this is the one Charter principle that has not seen consistent progress over the six years of the Charter).
HM Treasury covered such topics as talent nurturing and raising ambition on levels of diversity, whilst panel discussions included focussing on granular data analysis and lines of accountability.
Sturgeon Ventures and The Women in Finance Charter
Sturgeon Ventures LLP is a signatory on The Women’s Charter in Finance. Since 2000 we have focused on financial services start-ups from a regulatory point of view, pioneered a paradigm shift in financial services and also assisted these companies to run successful small businesses.
Since 1998, the business has incubated over 200 start-ups in Financial Services, of which 12 have been started and operated by women.
In light of this, Sturgeon is active in encouraging diversity and Seonaid is a regular speaker in private and state schools on the issues of diversity and women in finance.
To read more visit the Summary of HM Treasury Women in Finance Charter Annual Review launch even
To view a recording of the launch event, please click here.