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Professional Services

HSBC pledges half of managers recruited to Birmingham HQ will be women

Fewer than a third of the bank's bosses are women at the moment, despite female employees accounting for more than half of its total workforce

HSBC has pledged to strive to recruit more women into top roles(Image: Danny Lawson/PA Wire)

HSBC has committed to ensuring half of the management staff it recruits at its are women.

With moving to , on Broad Street, the banking giant has committed to a 50/50 recruitment target to increase the number of women moving into senior management roles.

Female employees account for more than half of HSBC º£½ÇÊÓÆµ’s overall workforce but are significantly underrepresented at a senior management level, reflecting a wider trend across the financial services sector.

HSBC Bank chief executive Antonio Simoes said the move to Birmingham was an ideal opportunity to achieve gender parity.

More than 1,000 head office roles will move from London to Birmingham before 2019, potentially creating vacancies where existing employees choose not to relocate.

He said: “It’s completely unacceptable that in 2015, women are still significantly under represented at a senior management level across the financial services industry. We are committed to putting that right at HSBC º£½ÇÊÓÆµ.”

HSBC º£½ÇÊÓÆµ is moving to Arena Central(Image: Pic: Make)

Only 21 per cent of senior manager roles at FTSE 100 banks are held by women and 22 per cent across all FTSE 100 companies, according to the BBA.

The paucity of women at the top is even worse in the West Midlands. When the Post last researched the number of female executives at listed companies, it was fewer than 10 per cent.