Shawbrook Bank's commitment to HM Treasury’s Women in Finance charter

Shawbrook is a specialist UK lending and savings bank founded in 2011 to serve the needs of SMEs and individuals in the UK with a range of lending and saving products. 

Fundamental to our success and future growth strategy is our relationship focus which puts the interests of our customers and business partners at the heart of everything we do. In order to reflect the diversity of our UK customer base we recognise the need to establish an inclusive and sustainable culture.

To help us meet this need Shawbrook have signed up to the HMT Women in Finance charter, as it supports our vision of creating a sustainable and inclusive culture.

Our commitment to gender balance

As part of our commitment to gender balance, we've created an aspirational gender balance range for how many men and women we believe should hold senior management roles at Shawbrook. We have set this at 40% female for our Executive Committee and their direct reports. The good news is that we are already performing well in this area: Over 30% per cent of our Executive Committee is female – which is  already above the 27 per cent* average seen across the first 71 UK financial services firms to sign up to the HM Treasury Women in Finance Charter.

However it's not just about recruiting women in to positions or just equipping women with the right skills to progress within Shawbrook. We're focussed on ensuring that all the initiatives we put in place are gender neutral so all Shawbrook employees, regardless of gender, can benefit from them.

Our pledges to women in finance

As a signatory of HMT's Women in Finance Charter we have made five pledges:

  1. To continue to have an Executive Sponsor for Gender Balance who is responsible and accountable for gender diversity and inclusion. Debbie Griffin, our HR Director will take this role.
  1. To set gender balance ranges for the number of men and women we will aim to have at senior manager level by 2020. This includes the Executive Committee and direct reports of the Executive Committee.

  2. To annually publish our progress towards these long-term gender balance ranges.

  3. Our gender balance targets will be included within Executive Committee members' performance agreements at Shawbrook from 2017 onwards, which are used as a key determinant of performance related pay.

*Source: HM Treasury Women in Finance Charter: Leading the way.