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Standard Chartered is proud to announce that three colleagues were recognised in the prestigious EMpower Ethnic Minority Role Model Lists 2021, released today. They were commended for their leadership
Paragon Bank has joined Business in the Community’s Race at Work Charter.
By signing up to the charter, Paragon has committed to tackling barriers that people from ethnic minorities face in the recruitment and progression processes, and to take steps to ensure that the business is representative of communities, customers and British society today.
Richard Rowntree, managing director of mortgages, has been appointed as executive sponsor of equality, diversity and inclusion at Paragon and has overall responsibility for all areas of diversity, including race.
Rowntree has also been appointed to represent Paragon on the City of London’s socio-economic taskforce.
After pledging disclosure, many UK banks still silent on race diversity data By Sinead Cruise and Elizabeth Howcroft
Ireti Samuel-Ogbu, Managing Director and Citi s Country Officer for Nigeria and Ghana
LONDON (Reuters) – For many bankers, rising to seniority cements their status as a company insider. Citi executive Ireti Samuel-Ogbu never felt so out of place.
“I felt on the outside,” said Nigerian-born Samuel-Ogbu, who has worked at Citi for 32 years. “I only felt that when I became senior because suddenly the fact there were so few people of colour helping to lead the organisation was brought into stark relief.”
The world’s biggest banks renewed pledges to improve diversity within their predominantly white ranks last year, after the death of George Floyd in police custody in the United States in May sparked global protests about racism.
The number of Black executives at the very top of the biggest companies on the London Stock Exchange has fallen to zero. There are no Black CEOs, CFOs or chairs in the FTSE 100 index for the first time in six years, according to a study published on Wednesday by Green Park, an executive recruitment and diversity consultancy agency. No progress has been made on diversity since Green Park began researching the issue. Only 10 of 297 people in the three top leadership positions do not identify as white, the same proportion as in 2014, the research found. The snowy peaks of British business remain stubbornly white, Trevor Phillips, the chair of Green Park, said in a statement. We know there is no shortage of qualified candidates to fill these roles if companies are willing to look, he added.