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Bath Building Society signs up to the Women in Finance Charter

Ben Carey
2 min read

Bath Building Society has signed up to the Women in Finance Charter, reinforcing its commitment to improving gender balance across the UK finance sector.

Women currently hold 33% of senior management positions at Bath Building Society, reflecting positive progress in recent years, and the Society has now set ambitious targets to increase this to 40% by the end of 2028 and to achieve gender parity of 50% by 2030.

The Women in Finance Charter, launched by HM Treasury, brings together financial services firms that are dedicated to building more balanced leadership teams, strengthening decision-making and better reflecting the customers and communities they serve.

As part of the commitment, Bath Building Society will continue to monitor progress against its targets and embed inclusive practices across recruitment, development and progression.

Chief Executive Officer Richard Ingle said, “We’re dedicated to having a real gender balance at every level in the Society.  Our People Strategy is designed to help everyone succeed and includes a clear plan to meet our gender balance targets.

“This plan supports our strategic goals and reflects the Society’s values of Integrity, Creativity and Excellence. Some of the steps we’re taking include helping female colleagues progress in their careers, improving the ways we find and develop talent, offering better, flexible working and family support and make sure our workplace is welcoming for everyone.”

Bath Building Society’s approach includes a range of targeted initiatives to support female colleagues throughout their careers. These include improving the way talent is identified and developed, supporting progression into leadership roles, expanding flexible and hybrid working options, and enhancing family-friendly policies. The Society is also focused on ensuring its workplace culture is inclusive, supportive and welcoming for everyone.

The building society sector has made encouraging progress in improving gender representation in recent years.

According to the Review of the Women in Finance Charter, female representation in senior management across building society signatories stands at 44%, compared to a cross-sector average of 37%, making it the second strongest performing sector. Bath Building Society’s commitment to the Charter aligns it with peers across the mutual sector that are working collaboratively to drive lasting change.

By signing the Charter, Bath Building Society says it is reaffirming its belief that diversity and inclusion are essential to long-term sustainability, stronger performance and positive outcomes for colleagues, members and the wider community.

Pictured: Richard Ingle

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Richard Ingle, Chief Executive of Bath Building Society