Women in Finance Charter
The 'Women in Finance Charter' asks financial services firms to commit to implement four key industry actions.
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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 Women in Finance Charter.
There are now over 400 firms, covering about 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, North 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 womeninfinance@hmtreasury.gov.uk for more information on the Charter. To sign the Charter and formally commit to implement these recommendations, please email womeninfinance@hmtreasury.gov.uk
For analysis by our data partner, New Financial, on the progress made by current signatories, please view the New Financial analysis: Women in Finance page on gov.uk.
In March 2016, HM Treasury signed up to the Charter. Since then, we have increased our female representation in senior management from 43% to 51% (as of March 2025). Please visit Women in Finance Charter HM Treasury’s update 2024/2025 - GOV.UK to read more about HM Treasury’s own progress as a signatory.