It follows February’s AXA gender pay gap report which found that 91% of women and 90% of men received a bonus payment
AXA is on track for its 40% target for senior female management goal.
This is with a tolerance of 10% (36%).
The total of female senior mangers at AXA increased from 30% to 32% between 2017 and 2018.
Amelie Breitburd, chief finance officer at AXA of UK and Ireland, said: “It was an honour and truly inspirational to be part of a panel for HM Treasury’s Women in Finance Charter event, and I was encouraged by the sheer amount of support of the Charter from the attendees.
“Here at AXA, we are making great strides in improving gender parity, but we still have a way to go. Luckily, we have a number of programmes, employee groups and HR policies in place to help us achieve our goals and encourage women across the company to move up the ranks.”
During the panel event held at the Guildhall in London by New Financial and HM Treasury, it was noted that 87% of signatories of the Women in Finance Charter, which AXA is a part of, have met or are on track to meet their targets for female representation in senior management.
She highlighted the firm’s 2018 Women in Finance Charter results following an appearance on a panel at HM Treasury’s annual review earlier this month.
It follows February’s AXA report which found that 91% of women and 90% of men received a bonus payment but overall still earn less than men.
Other achievements from AXA’s 2018 Women in Finance Charter submission included:
- As of March 1st, 2019, AXA has 156 staff in its senior management population, of which 51 are women (32.7%)
- It currently has 302 females in leader or executive roles (38.7%) and 588 women in leader or senior professional roles (43.5%)
- Its UK management committee now has 4 female members out of a total of 9 (44.4%)
- The firm’s UK board now has 3 female board members out of a total of 9 (33.3%)
In a blog published on March 18 this year on AXA’s website, Breitburd also discussed the importance of the company’s Diversity & Inclusion board.
In particular the work carried out by the Gender Equality ERG which is made up of volunteers across AXA.
This includes setting up events such as speed mentoring, networking events and talks from senior stakeholders.
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