As a woman in business, and holding a senior role as Head of Financial Education at Close Brothers Asset Management, I am delighted to say I have never experienced a glass ceiling at Close Brothers. The evidence confirms this with 50% of our board at Close Brothers Asset Management being women. Not only do women hold some of the most significant roles in our business, including our Chief Investment Officer, Nancy Curtin and our Head of Legal, Risk and Compliance, Gill Clarke, we also buck the financial service trend at group level with both our group board and our executive committee having 30% women.
Goldman Sachs is fighting back against a reputation for being a tough place to work for women, with its biggest promotion of women to senior roles. Yesterday, the bank elevated 30 women in Europe to the position of managing director, its second most senior post, out of a total of 109 promotions to that level. That 28 per cent compares with an average of just under 20 per cent for the banking sector.