Sarah Bates: Filling the funding void left by the Presidents Club

The Diversity Project co-founder on changing industry for the better

Sarah Bates talks to Mike Sheen about how she co-founded The Diversity Project Charity in the wake of the Presidents Club scandal and how the initiative is taking an inclusive approach to fundraising.

The Financial Times' landmark exposé of the Presidents Club in 2018 was a watershed moment in the City's ongoing struggle to modernise or replace outdated aspects of its culture, and served as a stark reminder of how much more there is to do. The annual men-only fundraising dinner was a throwback from a time most would happily leave in the past and few were sad to see it go. But its demise also left a funding shortfall for a number of smaller charities less able to withstand losing such a lucrative source of income. Jane Welsh: Fund consultants and ratings agencies must step up to ...