Mitesh Sheth, the outgoing CEO of Redington, has been awarded an MBE in the Queen’s New Year Honours list for services to diversity and inclusion within the financial services sector.
Sheth is an advisory board member for the Diversity Project, an active member of the CEO sponsor group for the gender workstream and an LGBT Great #50for50 ally. Sheth, who has been at Redington for eight years and held the role of CEO for five years, announced in November that he would step down at the end of 2021. Under his leadership, the firm's employee numbers grew from fewer than 80 to more than 200 and its gender pay gap reduced significantly. Redington now has a mean gender pay gap of 4.9%, and a bonus pay gap of 3.5%, much lower than the industry average pay gap of 30%, accor...
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