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You are at:Home » Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc
Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc

Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc

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By admin on May 12, 2022 Insurance

Aviva Plc Chief Govt Officer Amanda Blanc mentioned that the sexism she encounters has worsened as she has risen via the ranks in finance.

Blanc turned the insurer’s first feminine chief government in July 2020 however confronted plenty of offensive feedback from shareholders on the FTSE 100-listed agency’s annual shareholder assembly on Monday. These included particular person shareholders telling Blanc that she was “not the person for the job” and questioned whether or not she needs to be “sporting trousers.”

Amanda Blanc

Blanc responded to the feedback yesterday in a post on LinkedIn the place she mentioned that after working within the monetary providers business for greater than 30 years she was “fairly used to sexist and derogatory feedback,” like people who have been made on the AGM.

“I suppose that after you will have heard the identical prejudicial rhetoric for thus lengthy although, it makes you a bit resistant to all of it,” Blanc wrote within the put up. “I want to let you know that issues have gotten higher lately nevertheless it’s truthful to say that it has really elevated – the extra senior the function I’ve taken, the extra overt the unacceptable conduct.”

She mentioned that often derogatory feedback have been made in non-public and the very fact folks have been making these feedback in public was a brand new improvement for her personally.

The insurance coverage sector has been dogged by allegations of sexism lately. A 2019 Bloomberg investigation uncovered proof of endemic sexual harassment on the world’s oldest insurance coverage market [Lloyd’s], together with inappropriate feedback, undesirable touching and sexual assault.

Prime {photograph}: A lady walks with a enterprise bag. Photograph credit score:Brendon Thorne/Bloomberg

Copyright 2022 Bloomberg.

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