Gender Diversity

Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 27th February 2018.

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Photo of Rachel Maclean Rachel Maclean Conservative, Redditch 12:00 am, 27th February 2018

What recent assessment the Government have made of gender diversity in the financial services sector.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

In summer 2015, the Government asked Jayne-Anne Gadhia, CEO of Virgin Money, to lead a review into gender diversity in the financial services sector. In response, the Treasury launched the women in finance charter, which asks firms to commit to four key actions as recommended in the review. So far, 162 firms have signed the charter, which covers more than 600,000 UK financial service employees.

Photo of Rachel Maclean Rachel Maclean Conservative, Redditch

I thank the Minister for that excellent answer. Following the Royal Mint’s appointment of its first female chief executive in its 1,100-year history, will the Minister join me in congratulating her on her new role?

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

Yes, I am delighted to congratulate Anne Jessopp, and I wish her all the best in her new role. If I may, Mr Speaker, I would also like to take this opportunity to applaud and congratulate my own constituent, Minette Batters, who was elected as the first woman president of the National Farmers Union. I wish the Secretary of State for Environment, Food and Rural Affairs all the best with that.