Lloyds Banking aims for 8% target of BAME senior managers by 2020

Lloyds Banking Group has a target of having 8% of its senior managers from Black, Asian and Minority Ethnic (BAME) backgrounds by 2020.

The target to increase the bank’s representation of BAME senior managers will be included in the group’s ‘2018 Helping Britain Prosper Plan’, set to be published on 21 February, which will set out significant targets to help address some of the biggest social and economic issues facing Britain today.

Currently 8.3% of all staff and 5.6% of the bank’s senior managers are from a BAME background, compared to 12% of the UK workforce and 14% of the whole population.

The group adds it has already made progress in improving racial and cultural diversity through some of its initiatives, which include:

  • Career development programmes for BAME colleagues and leadership programmes for senior management
  • Increasing visibility of BAME role models as the group publishes an annual list of ethnicity role models and provides colleagues with opportunities to meet role models and hear their stories.
  • A staff network that aims to embrace the diversity of the group’s race, ethnic and cultural heritage and offers an allies programme to help build supporter engagement and advocacy among colleagues.

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is recruiter.editorial@redactive.co.uk

CONTRACTS & DEALS: 12-16 FEBRUARY 2018

This week’s contracts & deals: Berry Recruitment, Bullhorn, Crown World Mobility, Educate Resourcing, Jobshop UK, PageGroup, Spider, Templine Employment Agency, The Curve Group, The Daisy Chain, Thunderhead, TXM Recruit, Uniting Ambition, Viventis Search Asia

Contracts 12 February 2018

Metro Bank to recruit nearly 1,000 in 2018

A UK challenger bank is boosting the country’s financial sector to the tune of 900 new jobs this year.

9 February 2018

Niche and specialisation are hiring bright spots, says Morgan McKinley

Demand for niche skills and specialists were the bright spots for hiring in 2017 in the UK, according to global professional services recruiter Morgan McKinley.

29 January 2018

Nationwide unlocks applicant’s talent with ‘escape room’ challenge

Building society Nationwide has taken inspiration from classic quiz shows The Crystal Maze and The Krypton Factor to launch a new ‘escape room’ challenge.

19 January 2018
Top