The Financial Conduct Authority (FCA) has narrowly missed an ambitious target regarding the number of women in its senior leadership team, but says it is making little progress on its pay gap.
The UK regulator said its target for 2020 was to have 45 percent of its senior leadership team made up of women, or as it put it, 45 percent “identifying as female”. This would rise to 50 percent by 2025.
At present 40 percent of the senior team “identified as female”, and the organ...