ICAEW’s target to improve management gender diversity
The Institute of Chartered Accountants in England and Wales (ICAEW) is a signatory to HM Treasury’s Women in Finance Charter, which commits organisations to build a more balanced and fair industry. Firms that sign up to the Charter pledge to support the progression of women into senior roles in the financial services sector.
More than 270 organisations covering banks, insurance companies, investment firms and accountancy practices have signed up to the charter since its launch in 2016.
Signatories commit to supporting the progression of women into senior roles in the financial services sector by focusing on the executive pipeline and the mid-tier level; to set targets in line with this aim and to publicly report their progress in meeting those targets.
ICAEW’s 2020 target
ICAEW is supporter of gender diversity across all parts of the organisation and we have progressed in gender diversity in many areas, including the senior leadership team, but are always striving to improve, which is why we have become a signatory of the Women in Finance Charter.
ICAEW commits to have 40% women in senior management by March 2020.
Currently ICAEW has 37% women in senior management, and the senior executive responsible for driving gender diversity is the Director, Human Resources.
ICAEW is working to ensure that there is a better gender balance across all levels in the organisation especially those where one gender is particularly strong.
We support our female staff to progress and reach their full potential by providing leadership and development training and one to one coaching to address individual development needs.
We ensure flexible working opportunities are available to all levels of staff within the organisation.
ICAEW’s work to support gender diversity
Our new internal target follows ICAEW’s long history of supporting the progression of women across the finance sector.
In 2006, we launched the Women in Finance Network to provide a venue for women across the sector to share their experiences and to support members with personal development. Each year ICAEW hosts events that bring the network together and showcases keynote speakers.
In 2011, we created the Women in Leadership training programme dedicated to support women aiming for senior management, partner or board roles. The programme has been designed to empower women to find a style of leadership that is already within them, and bring it powerfully to the fore, to help their organisation prosper.
Each year we are proud to award a place on this six-month course to the winner of the Future Leaders Award at the Women in the City Awards.