Women in finance

We are committed to creating an ever more inclusive and diverse workplace. This includes fairer gender representation across all of our organisation.

Here, we'll explain how we are doing it and what we’ve achieved.

Women currently represent 61.1% of the workforce at Nationwide. However, we know this reduces at more senior levels.

Our diversity measures include increasing the percentage of women in senior leadership roles to 50% by 2028. This is also our Women in Finance Charter target.

To make sure we’re on track, we check progress regularly and report directly to our:

• Strategic I&D Action Group (monthly)
• Nominations and Governance Committee (quarterly)
• Board (annually).

When we signed up to the Women in Finance Charter in 2016, we had 32.55% female representation. As of 31 August 2021 we have 35.2% female representation in senior management. We believe we are on track to meet our Charter target by our deadline of 2028.

We acknowledge that we still have work to do to reach our  gender measures. Our focus is on accelerating and amplifying delivery. This means taking bolder, more targeted action to ensure that inclusion and diversity is truly embedded in what we do and how we do it. We are focusing on actions that have a positive and tangible impact in the short, medium and long terms.  Our gender pay gap page highlights the activities we are taking to make progress.  

Our job levels 3 and above cover our senior management and executive populations, with those in level 4 and 5 typically being at reporting level ExCo minus 1 or 2.

A member of our Executive Committee, Paul Riseborough is Nationwide's executive sponsor for gender.

By signing up to it, financial service organisations commit to supporting the progression of women into senior roles.