CYBG the latest firm to sign Women in Finance Charter

Signing the charter is a written commitment to promote gender balance in the Financial Services industry and comes after CYBG pledged to support the progression of women into senior roles.

A spokesperson said cecoming a signatory of the charter “builds on the bank’s existing focus on gender equality and underlines CYBG’s commitment to seeing more women progress into leadership positions at the bank, building on the large number of women already in senior roles”.

The bank quoted statistics which showed that a third of CYBG’s executive leadership team and a third of the extended leadership team is female.

It added that a quarter of CYBG’s board is female, including group chief operating officer, Debbie Crosbie, who is one of only three female executive board directors currently on the board of a UK high street bank.

In 2016, CYBG also established a new internal network – Women in Our World – to create opportunities for personal and career development for women across Clydesdale and Yorkshire Banks and to provide mentoring, support and advice.

Kate Guthrie, group human resources director at CYBG, said: “Becoming a signatory of the Women in Finance Charter is a natural progression for CYBG. We want to be a truly inclusive business and are proud that we already have a strong female presence right across our business, including at a senior level.

“We are working hard to improve our gender balance even further, investing in our talent pipeline and taking a sustainable and effective approach to our long term recruitment planning.”

The Commercial Secretary, Baroness Neville-Rolfe, said: “I know how difficult it can be for a woman to get the recognition she deserves and achieve her potential. And in financial services particularly, women progress too slowly or they leave the sector completely.

“We have made a strong start – the first anniversary of the Women in Finance Charter sees 122 firms seizing the competitive advantage by tackling sex inequality head on.

“The financial industry is famed for its ability to identify opportunities to improve productivity. The Women in Finance Charter is one of those opportunities.”