Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

FCA Chief Executive Reiterates Call For Greater Diversity In Banking

Speaking yesterday at the launch of the 2025 Foundation in Edinburgh, Scotland, Dr Andrew Bailey, Chief Executive of the FCA, said:

” There are many good reasons to support the Chartered Banker 2025 Foundation launch which aims to support young people from disadvantaged backgrounds to pursue careers in financial services. I wish it every success.” 

Dr Bailey’s words echoed the support Mark Carney, Governor of the Bank of England gave to the initial launch of the Foundation at the Bank of England in October.

Also speaking at the event at Bryce Hall, were David Thorburn, Chair of the 2025 Foundation Committee, Philip Grant, Managing Director, Customer & Business Risk, Lloyds Banking Group,Marlene Shiels OBE, Board Member of the National Credit Unions Forum (NCUF) and Bill McCall, Senior Vice-President of the Chartered Banker Institute.

Set up in anticipation of the Institute’s 150th anniversary, the Foundation is aligned with the original aims of the Chartered Banker Institute – to promote education and development for young bankers entering the profession.  Our aim is to raise an initial £1million to provide scholarships and mentoring for talented young people wishing to pursue a career in banking but who find this challenging because of their background and/or financial circumstances.

Applicants may include but are not restricted to:

  • School leavers wishing to pursue a career in banking;
  • Persons not currently in education or employment; and
  • Minority groups currently under-represented within the banking profession.

Crucially, the Foundation will also offer other forms of support, such as mentoring.

 David Thorburn Chair of the 2025 Foundation Committee added, 

 “Our Institute, which is the oldest banking institute in the world, was founded to promote education and development for young bankers entering the profession. With the launch of the 2025 Foundation, we have the opportunity to continue these fine aims by supporting at least 200 (and hopefully many more) talented young people to pursue a career in banking, who would otherwise find it difficult due to their background or financial circumstances.