Diversity is at the heart of Starling. We believe that regardless of who you are, it’s your knowledge, skills and experience that matter.
As a starting point in 2017 we signed the Women in Finance Charter. This is a voluntary commitment by HM Treasury and signatory firms to make financial services a more gender balanced industry. Each year we report on our progress and here are the figures for 2022.
When we signed up to the Charter in 2017 there were 27% of women in senior roles. In 2022 there are 43%. We have met and surpassed our target of 40% of women in senior positions.
Our 2022 data
Starling’s 2022 gender equality data shows that women make up:
- 44% of our total workforce (1977 as of August 2022).
- 42% of our Executive team.
- 40% of our Board.
- 43% of our senior managers.
Growth and gender diversity
Since our last Charter update we have continued to grow as a business. We now have more than 3.2 million customer accounts, including almost 500,000 business customers, both small and medium size enterprises (SMEs) and sole traders. We hold almost 9% of the SME banking market.
Throughout 2022 we ensured our gender diversity initiatives kept up with our growth. We are particularly proud of:
Completing our first Returners programme in partnership with Women Returners and Innovate Finance. This provided individuals with six month paid placements. It was aimed at those who had been out of work for longer than 18 months, due to caring responsibilities. We will be repeating this programme in 2023.
Launching our new manager capability training programme, the Starling Flight Path, which covers leadership, unconscious bias and coaching skills.
Continuing our Make Money Equal campaign challenging negative stereotypes on women and money, spearheaded by our CEO, Anne Boden.