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Bank of England: Why diversity is good business

Diversity not only helps recruit and retain the best talent, but also stops groupthink and encourages challenge

The City could take on too much risk if it doesn't foster an inclusive culture
The City could take on too much risk if it doesn't foster an inclusive culture Photo: Jason Alden/Getty Images

Vicky Saporta is executive director of prudential policy at the Bank of England. To read the FN100 Most Influential Women in Finance list, click here.

I joined the Bank of England as a research economist 27 years ago. The profession was dominated by men even more than now. The Bank was trying to recruit more women with PhDs, but there weren't that many doing doctorates in economics.

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