HERCAPITAL ATTRACTS NEW SPONSORS FIRMS FOR 2018/19 CYCLE
Allianz Global Investors and Royal London Asset Management sponsor HerCapital Programme as part of CFA UK Gender Diversity Partner Programme Initiative.
SEO London (Sponsors for Educational Opportunity) is pleased to announce that Allianz Global Investors & Royal London Asset Management will be official sponsors of SEO London’s HerCapital programme.
This year-long leadership development programme for talented female undergraduate students from ethnic minority or disadvantaged socioeconomic backgrounds, is aimed at transforming diversity in the financial services industry. The programme aligns with the Gender Diversity Partner Programme launched by CFA UK late last year, with the purpose of making progress to build a more balanced and diverse workforce. Allianz Global Investors and Royal London Asset Management will be offering HerCapital Associates the opportunity to participate in an exclusive Spring Programme in 2019, providing a unique insight into the investment industry and the career opportunities available to women.
Following the success of last year, SEO London will be running the HerCapital programme again with at least 50 female undergraduates from across the U.K. This unique programme has had tremendous results in its first year and we are delighted that more firms are keen to contribute to developing the next generation of female leaders in industry.
The programme seeks to broaden the pool of female talent considering the financial services industry as a career option. It follows the launch of the Women in Finance Charter, an initiative by HM Treasury that seeks to increase the representation of women in the financial services sector, particularly at senior levels.
Confirmed HerCapital Providers (sponsors) for 2018/19 cycle include: Bloomberg (new), Standard Life Aberdeen, Lazard, Allianz Global Investors(new) and Royal London Asset Management (new).
SEO London founder and Chief Executive Andrew Fairbairn comments: “It is a sincere pleasure having Allianz Global Investors and Royal London Asset Management come on board as HerCapital programme sponsors for the 2018/19 cycle. This says a lot about their commitment, alongside the CFA UK Gender Diversity Partner Programme, to see an increase in female leadership within the financial services industry.”
Irshaad Ahmad, Head of Allianz GI’s UK Inclusion and Diversity council, comments: “I am delighted that we are supporting the ‘HerCapital’ initiative alongside the CFA Diversity Partner Programme. This is the latest positive step towards creating a more diverse workforce in the asset management industry.”
Andrew Carter, CEO, Royal London Asset Management, comments: “The more noise there is on the importance of a diverse workplace the better. The industry will not become more diverse overnight so initiatives like this are an important part of helping us meet our aspirations to be an industry that better reflects the makeup of the UK population. By supporting and working with partners such as SEO London, Royal London Asset Management is demonstrating its commitment to opening up our industry to people from a range of backgrounds and we look forward to working on this spring programme.”
Juliet Bullick, Chair, CFA UK Gender Diversity Network comments: “I am delighted that two of the founding partners of the CFA UK’s Gender Diversity Partner Programme, Allianz Global Investors and Royal London Asset Management, are to become the official sponsors of SEO London’s HerCapital Programme. We launched the CFA UK Partner Programme a year ago, with the aim of bringing asset management firms together to accelerate the implementation of their diversity strategies. The HerCapital Programme will help to attract young women from different backgrounds to enter and build their careers in the asset management industry, a fantastic tangible outcome of the CFA UK Partner Programme.”
We have received overwhelming feedback from last year’s HerCapital Associates:
- 88% of HerCapital Associates noticed a positive change in their confidence levels
- 97% of HerCapital Associates said the programme had not interfered with their academics (25% said it has enhanced their productivity)
- 98% would recommend the HerCapital programme to their friends
See selected testimonials here
Applications are now open, and students are encouraged to apply as soon as possible as applications will be reviewed on a rolling basis. Application deadline: 15th October 2018. The launch event for HerCapital Associates will take place on Monday 5th November 2018.
For more information, please visit SEO London website: http://www.seo-london.org/careers/her-capital/
If you are a corporate organisation that would like to get involved in supporting the programme, please do get in touch (email@example.com) as there are many ways to get involved!