HM Treasury Women in Finance Charter


The Progressive Building Society has signed the HM Treasury Women in Finance Charter which has a key priority of harnessing the talents of women in financial services. It marks the sector’s collaborative efforts to drive meaningful and permanent changes in the representation of women in financial services, to ensure women everywhere are able to fulfil their potential. In signing the Charter, the Society has made the following pledges to improve gender diversity.

Pledges: The Society will set internal targets for gender diversity in senior management.

  • Continue to facilitate, to the fullest possible extent, a range of flexible working initiatives that encourage women to stay and develop their careers within the Progressive Building Society and
  • Maintain current female participation levels at management (74% female participation) and Senior Management Committee (38% female participation), improving these where possible, in line with recruitment practices to ensure continued strong female representation;
  • Launch an in-house leadership development programme and support and encourage female participation with a target of at least 50% female participation, building on their skills sets for the future;
  • Increase the number of women who have access to Society sponsored membership of the Women in Business NI forum from 8 to 20, providing access to training, networking and mentoring opportunities to support future career and personal growth.

Progress

The Society has made strong progress against its pledges having increased the number of women in managerial roles and having appointed a Learning & Development Manager to provide career enhancing development opportunities for all. A focus on leadership development through the delivery of accredited programmes offer the framework to develop and hone personal and professional skills sets in a supportive environment. Increased flexible arrangements for working mothers and improvements in maternity pay provision encourage and support women to meet their family commitments whilst maintaining their careers.