Hope Capital has bucked what was described by the diversity panel as “the inertia in the market” to sign up to the charter now. After the initial wave of companies committing to the Charter, this has slowed down. This reluctance to sign up was believed to be because firms were worried they wouldn’t meet the targets – although all diversity targets are set by each firm itself.
Jonathan Sealey, CEO of Hope Capital says, “We set the expectation of signing up to the Women in Finance Charter some time ago within Hope Capital, but where we have differed from other lenders and wider financial companies is that we wanted to have already hit our targets before we signed up as actions speak louder than words. We have spent the last few months working towards this and, as a result, we are proud of the fact that we already have an equal split of men and women on our senior management team and that 70% of our staff are female, including underwriters, case writers and BDMs. Our target now is to maintain the level that we have achieved already.”