Board Diversity Policy

Diversity and inclusion at Standard Chartered

The Board Diversity Policy (‘the Policy’) sets out the approach Standard Chartered PLC takes to diversity on its Board to ensure that diversity, in its broadest sense, remains a central feature of the Board.  The Policy applies to the Board of Standard Chartered PLC.  The Group Equal Opportunities, Diversity, Inclusion and Dignity at Work Policy applies to diversity in respect to employees of Standard Chartered Bank.

We have a distinctive footprint and a long history of diverse board membership.  We believe strongly that a highly effective Board is about chemistry and behaviours, underpinned by robust processes.  All Board appointments are based on merit with each candidate assessed against objective criteria, with the prime consideration of maintaining and enhancing the Board’s overall effectiveness.

We strive to maintain a diverse Board recognising the benefits of having a Board made up of individuals with a diverse mix of backgrounds, knowledge, skills and experience.  This diversity provides a mix of perspectives which contribute to the effective Board dynamics.

In order to enhance the Board’s diversity, including the representation of women on our Board, we are committed to:

  • increasing the representation of women on the Board and having 25 per cent female representation on the Board by 2017.  We remain supportive and engaged in increasing this proportion further to 33 per cent; 
  • ensuring that the Board is comprised of a good balance of skills, experience, knowledge, perspective  and varied backgrounds; 
  • only engaging search firms who are signed up to the Voluntary Code of Conduct for Executive Search firms; and 
  • reporting annually on the Executive pipeline below the Board and the Board’s diversity, including progress being made on reaching the Board’s gender target.

José Viñals, Chairman

What’s next?

Diversity in the workplace

We back up our statements with positive action. We've put in place a range of initiatives that support diversity in the workplace.

See diversity in action

Diversity in the workplace

We back up our statements with positive action. We've put in place a range of initiatives that support diversity in the workplace.

See diversity in action

Women in Finance

We've pledged to help change the gender balance in the financial industry.

About the Charter

Diversity & Inclusion

Download our Diversity and Inclusion statement (PDF)

We're committed to fostering a culture of inclusion, appreciating diversity across our markets.

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