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LIIBA: making the invisible visible – addressing barriers holding back talent in financial services

Link(s):     Making the Invisible Visible: Addressing the Barriers Holding Back Talent in Financial Services – Liiba

Context

Progress Together’s new campaign, Making the Invisible Visible aims to shine a light on the often unseen barriers that continue to influence career progression across the UK financial services sector.

Key points to note and next actions

  • Through personal stories and reflections from the experiences of individuals, the campaign highlights why lived experience matters and why organisations must take a closer look at the behaviours, expectations and systems that shape who progresses, who is heard and who ultimately reaches senior leadership positions.
  • Progress Together is encouraging firms, leaders and employees across financial services to share their own stories and experiences to help uncover the barriers that continue to affect career progression. By bringing these challenges into the open, the campaign seeks to drive meaningful change across the industry.
  • The Making the Invisible Visible campaign launched at the House of Lords last week.
  • At the launch, an LIIBA spokesperson explained that research consistently shows that socio-economic background remains the strongest predictor of who reaches senior leadership in UK financial services. Despite significant progress in many areas of diversity and inclusion, talent continues to be overlooked when individuals face barriers that are often hidden from view.