Data published by the Financial Conduct Authority (FCA) on Friday (25 October) revealed that despite "bold targets", senior levels of finance "are nearly as male today as they were 15 years ago".
The research by the regulator attempted to examine just how much progress has been made regarding gender diversity across senior roles in the financial services industry. It found that the proportion of women in approved person roles is 17% in UK financial services, and remains almost unchanged since 2005. The regulator said this does not mean there has been "no change at all", with the proportion of women in approved roles at "systemically important banks" rising, but with the caveat that "the rise has come off a low base and only takes this group to just above a low overall industry...
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