27th July 2016 Church News.
RBS has pledged to get at least 30% female representation in its most senior roles across each of its business lines, exceeding the recommendations set out by the Davies review.
Group human resources director Elaine Arden said that the proportion of women in the bank’s most senior roles had increased to 32% in just two years, while its pipeline for its top 5,000 roles consists of 43% women.
This is to a great extent down to a change in the culture at the bank since the economic crisis of 2008 led to it being bailed out by the taxpayer, she added.
The Davies review recommends that UK-listed companies in the FTSE 100 should aim for a minimum of 25% female board member representation, rather than on an individual by-department basis.
