Diversity and inclusion: 'We need to get middle managers onside - they are going to have to get on board at some point'

Practical implications of raising the bar

Alongside the PRA and the Bank of England, the FCA is seeking views on regulatory plans to improve diversity and inclusion in financial services.

In particular, the FCA is concerned that lack of diversity and inclusion within firms can weaken the quality of decision-making. A panel of influential experts, including the FCA's Georgina Philippou recently spoke at The Wisdom Council's webinar, The Culture Conundrum: unpicking inclusion and governance, to discuss the issues at hand ­- from the role of leaders, to having the right data to map and measure progress in addressing cultural challenges. There is growing pressure on financial services firms to define the purpose of their business and demonstrate an inclusive, diverse cultu...