Women make up just 9 per cent of chief executives of financial services companies, reigniting fears the City remains male-dominated.
Analysis from employment law specialists Fox & Partners shows just 19 per cent of the 66,860 senior executives surveyed were women, up just 1 percentage point on last year.
This includes senior roles such as chief executives, through to non-executive roles including senior independent director.
A man’s world: The Prudential Regulation Authority and the FCA dropped plans to make banks, insurers and other financial firms report and set diversity targets this year
Catriona Watt, a partner at Fox & Partners, said: ‘There is a concern the reversal of many initiatives at financial services businesses in the US could lead to a slowing of investment in programmes in the UK that improve diversity at senior levels within banks and fund managers.’
The Prudential Regulation Authority and the Financial Conduct Authority dropped plans to make banks, insurers and other financial firms report and set diversity targets this year.
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