A year after setting targets for female and ethnic minority representation in its senior leadership ranks, the Financial Conduct Authority has fallen further behind those goals.
The FCA signed up to the Women in Finance Charter in June 2016, and in October that year set out plans to ensure that by 2020, 45% of its senior leadership would be women. It targeted the figure to rise to 50% by 2025. The regulator also stated its ambition to boost the proportion of black, Asian, minority and ethnic (BAME) representation at a senior level to 8% by 2020 and 13% five years later.
