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

APPOINTMENTS: 6-10 AUGUST 2018

This week’s appointments include: Adia, Ashridge Group, Eames Consulting Group, ManpowerGroup, Next Ventures, Orcid Partnership, Shiftboard, TFS Healthcare, Xpertise Recruitment

People 6 August 2018

NEW TO THE MARKET: 6-10 AUGUST 2018

This week’s launches include: Detail, Elevation Recruitment Group, Enhance Media, Goodman Masson, Monroe Consulting Group, Orange Genie Umbrella

New to Market 6 August 2018

Award win set Eames Consulting apart from its competitors

Eames Consulting Group has attracted new talent and reinforced the company’s belief that the agency is doing the right thing since winning an Investing in Talent Award.

3 August 2018

FINANCIALS: Heidrick & Struggles reveals 20% rise in revenue

Heidrick & Struggles has seen revenue increase 20.3% year-on-year led by growth in its executive search business, according to the international executive search firm and consultancy’s Q2 2018 results.

Financials 31 July 2018
Top