Coventry Building Society has signed the Race at Work Charter, created by Business in the Community (BiTC).
The charter includes five commitments to promoting equality in the workplace and supporting career progression for colleagues from ethnic minority backgrounds.
By the end of 2025, the society aims to have 40% of its senior management roles held by women, and 10% of senior management roles held by black, Asian and minority ethnic (BAME) colleagues.
Commitments include transparent reporting and the publication of regular updates on the actions being taken.
Peter Frost, chief customer officer and board member at Coventry Building Society, has been appointed executive sponsor for race, in line with the charter.