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Royal London Ireland is proud to have been a founding signatory to the Women in Finance Charter in April 2022.
As a signatory, we committed to improving the number of women in management and board level positions to achieve better gender balance and a more inclusive working environment.
Today, we are pleased to report that we have exceeded our 2023 target of 38% of females in senior level roles with 39.5% of these roles now occupied by females, with 43% female representation at Board level.
Furthermore, we remain on plan to meet our headline target of 42% women in senior roles by the end of 2025. We intend to achieve this by driving positive action plan activities and programmes which focus on increasing female representation across our management levels, by retaining our existing female talent, and by continuing to provide growth and development opportunities for all.
Additionally, we will proactively support initiatives which foster an inclusive working environment, including the delivery of actions under a strengthened Diversity and Inclusion plan.
- ENDS –
Notes to editors:
1. The Women in Finance Charter has been developed by industry. The lead organisations are: Financial Services Ireland (part of Ibec), the Banking and Payments Federation Ireland, Insurance Ireland, and Irish Funds, with support from the Department of Finance, the Department of Enterprise, Trade and Employment, Balance for Better Business, and experts in the area including the 30% Club, 100 Women in Finance and 100 Women in Finance Early Career.
2. An independent data partner, the Economic Social and Research Institute, (ESRI) has been funded by industry to collect and report on data to ensure independent, credible analysis on an annual basis.
3. A Steering Group has been established for ongoing governance of the Charter. Its core membership is drawn from the main finance industry associations and organisations working to support the advancement of women in firms, and they are supported by the public sector.
4. For more information please visit: www.betterbalance.ie
For further information please contact:
Joanne Shelley, Marketing Lead: joanne.shelley@royallondon.ie
About Royal London Ireland
Royal London Ireland has a history of protecting its policyholders and their families in Ireland, and recently launched a new Pensions business in Ireland. Our business heritage in Ireland is nearly 200 years. The Caledonian Insurance Company's first office outside Edinburgh opened on Dame Street, Dublin 2 in 1824.
Today, Royal London Ireland is owned by The Royal London Mutual Insurance Society Limited – the largest mutual life insurance, pensions, and investment company in the UK, and in the top 25 mutuals globally, with assets under management of €178 billion, 8.6 million policies in force, and 4,100 employees. Figures quoted are as at 30 June 2023.
Royal London Ireland’s office is based at 47-49 St Stephen’s Green, Dublin 2.