In 2015, the Government asked Dame Jayne-Anne Gadhia, former CEO of Virgin Money, to lead a review into the representation of women in senior managerial roles in financial services, focusing on the talent pipeline at the executive population below board level.
“Empowering Productivity: Harnessing the talents of women in financial services” was published in March 2016. The review found that in 2015, women made up only 14% of Executive Committees in the Financial Services sector. In response to the recommendations in that review, HM Treasury launched the theWomen in Finance Charter.
There are now over 400 firms, covering about1.3 1.1 million employees, voluntarily signed up to the commitments of the Charter – from global banks to credit unions, the largest insurance companies to the smallest fintech start-ups – with headquarters in the UK, NorthUSA, America, Europe and Asia.
HM Treasury welcomes interest in the Charter from all firms of any type and size, and firms can still sign the Women in Finance Charter to join our next cohort of signatories. See our guidance or send us an email emailwomeninfinance@hmtreasury.gov.uk for formore information on the Charter. To sign the Charter and formally commit to implement these recommendations, please emailvisitwomeninfinance@hmtreasury.gov.ukthewebsite)andcompletetheonlineform.
For analysis by our data partner, New Financial, on the progress made by current signatories, please view the theNew Financial analysis: Women in Finance page pageon gov.uk.
Guidance, list of signatories, and details updated.
21 March 2024
Updated the ‘Women in Finance Charter guidance’ document. Archived the ‘HM Treasury’s Women in Finance Charter commitment’ document.
14 February 2024
Women in Finance Charter list of signatories updated for February 2024
30 June 2023
Updates to HMT Women in Finance Charter list of signatories document and Women in Finance Charter guidance document
16 March 2023
Updated details to sign Charter, guidance and List of Signatories updated for March 2023
23 June 2022
New review added, and List of Signatories + Guidance updated for June 2022
17 March 2021
Updated the list of signatories document.
23 June 2020
Updated guidance and signatory list.
12 February 2020
Updated the 'HM Treasury's Women in Finance commitment' document
18 July 2019
Updated Women in Finance Charter list of signatories
Updated Women in Finance Charter guidance
14 March 2019
Updated with 'Women in Finance Charter list of signatories (March 2019)'.
11 December 2018
Updated list of signatories attached.
20 November 2018
Updated with list of signatories for November 2018.
5 November 2018
Updated Charter guidance attached.
28 September 2018
Updated with a new google form for applications, and New Financial reports moved to a separate page, entitled 'New Financial analysis: Women in Finance'.
6 September 2018
Updated and revised version of 'Women in Finance Charter guidance'.
30 August 2018
Updated with "Women in Finance Charter list of signatories (August 2018)".
11 July 2018
Updated with 'Women in Finance Charter List of Signatories July 2018'.
6 June 2018
Updated Women in Finance Charter list of signatories (March 2018)
29 March 2018
Updated wording in details section.
28 March 2018
Updated links in the 'Women in Finance Charter (March 2018)' document.
16 March 2018
Updated New Financial: Women in Finance Annual Review (March 2018) document to correct formatting issue.
16 March 2018
Updated with latest signatories and Women in Finance Charter Annual Review.
28 February 2018
Updated list of signatories and links to gender diversity targets.
14 February 2018
Updated with HM Treasury’s Women in Finance Charter commitment
15 January 2018
Updated charter guidance
10 November 2017
Updated with latest signatories.
24 October 2017
Updated with Women in Finance Charter list of signatories (October 2017)
25 September 2017
Correction to July 2017 list of signatories.
9 July 2017
Updated with latest list of 141 signatories as announced on 9 July 2017.
22 March 2017
Updated to reflect that 122 firms across the financial services sector have now signed the Women in Finance Charter.
3 March 2017
Diversity targets of latest Charter signatories added.
12 December 2016
Updated with 'New Financial analysis of Charter signatory data'
8 November 2016
Updated with latest list of 93 charter signatories
11 October 2016
Updated PDF with links to signatories gender diversity targets
11 October 2016
Updated PDF - signatory firms and their gender targets
11 October 2016
List of signatories and links to their gender diversity targets uploaded.