ISDA is proud to announce they have met and exceeded targets since making a public commitment under the Women in Finance Charter in 2019. ISDA has achieved its 40% target in our senior management team and exceeded our board target with 37% female representation on our Board, a striking improvement from the initial 11% we started with in 2019.

The Charter aims to improve gender balance at all levels in financial services, with a particular focus on senior management.

By signing the Women in Finance Charter, ISDA pledged to:

• Set a target of increasing female representation from 32% to 40% in senior management and sustain this target;
• Set a target of increasing female Board representation from 11% to 20% (initially) by 2021, then up to 30% from 2022 onward;
• Publish annual progress against this target on our website;
• Have a member of our senior executive team who is responsible and accountable for gender diversity and inclusion, Scott O’Malia, Chief Executive Officer;
• Have an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity;

 

Scott O’Malia, Chief Executive Officer at ISDA said: “We are very proud to have met the targets we set ourselves. To date we have achieved an overall 8% increase in female representation in senior management and an overall 26% increase on female Board representation and continue to monitor ways to improve gender equality at ISDA and wider. At ISDA we believe that good gender balance is important and enables better business decisions. Better representation at a senior level also brings a number of benefits across our Organization in performance, culture and engagement. We are pleased to have met our commitment made to the Charter.“

 

Annual progress	2019	2020	2021	2022	2023	2024
Female senior managers as percentage of total senior management	32%	38%	40%	40%	40%	40%
Female representation on board as percentage	11%	17%	26%	32%	35%	37%