Two prominent banking appointments made in the space of 24 hours surprised the City last week. But unsurprisingly, they were both white and male, raising concerns that banks' efforts to promote more women into senior roles are taking a backseat during the pandemic.
The banking executive merry-go-round started with former HSBC banker Charlie Nunn being named chief executive of Lloyds Banking Group on 30 November, taking over from António Horta-Osório, who was later announced as Credit Suisse’s new choice for chair.