We signed up to the Women in Finance Charter in January 2018, and at that time we had 18% female senior management representation. As of September 2020, we had 23% female representation in senior management which rose to 25% by December 2020. This increased to 32% by end of 2021 and as at September 2022 we reported 37% female representation in senior management. Over the past 18-24 months we have undertaken an organisational redesign leading to our senior female leaders decreasing to 35% in September 2023 and 32% in 2024. We have also experienced natural attrition over this period within ExCo, where female representation has decreased to 27%, from 40% in 2023.
Due to the boutique nature of Brown Shipley, small movement in structure can result in a significant impact on our overall senior leadership gender split percentage. During 2024 we have welcomed two new female ExCo representatives, alongside three males and as such the overall number of ExCo representatives has increased. We continue to be committed to creating a work culture where all females can progress within Brown Shipley.
Our female representation at Board level remains for a fourth year at 29%.
Our continued partnership with LGBT Great and the introduction in 2024 of our DIVE Network (Diversity, Inclusion, Values, Engagement) demonstrates our commitment to broader diversity as part of our culture strategy.
We recognise that we are on a journey and although we have not reached our December 2024 target of 40%, we continue to actively work towards this.
The Brown Shipley Executive team are committed to continuing to build a diverse and inclusive culture where all employees are equally included and where all employees are celebrated for their diversity.