equality, diversity and inclusion report 2018

foreword from Caroline Wayman, chief executive and chief ombudsman

I went to the Pride in London Parade last summer with ombudsman colleagues, and I absolutely loved it. As well as being brilliant fun, it made me realise the power of coming together to create change, and being open and proud of who you are.

I thought about why this is important for any organisation, and for us in particular. Our role as the ombudsman, in understanding people and their circumstances to reach decisions that are balanced and fair, fundamentally depends on empathy and openness.

Reporting on this is a chance to see how we’re doing, and see how much progress we’ve made on what we said we’d do in 2018. And it’s a chance to tell those stories beyond the statistics. Some of these are really positive and deserve celebrating, and there are other things we need to work on.

I’m immensely proud of all our networks, and how they combine strengths and insight to create change. I’m proud of the courage of our staff in sharing their experiences and showing others that it’s OK to talk about stuff that matters to them, at work.

screen grab of 'equality, diversity and inclusion' video

our role depends on empathy and openness

We’ve recently implemented reverse mentoring, have been listed by Business in the Community as one of 70 employers recognised for work on race, equality and inclusion, and we’ve strengthened our ties with local organisations to understand the problems people face in their career aspirations and how we can help.

In our last report, we identified BAME senior representation as an issue, and we’ve been working hard on measures to ensure that while results won’t be immediate, we’re moving in the right direction.

In this report, you can read about how we’re breaking down barriers between each other, and working together to make our organisation more accessible to potential employees and people using our service, while preparing for the future and nurturing our culture of openness.

I’m really proud of everyone at the Financial Ombudsman Service who makes a difference every day.

Three Financial Ombudsman Service staff members sitting at a table talking

what we’re proud of

Our people work together to make a real difference. Find out about how equality, diversity and inclusion are part of everyday life at the Financial Ombudsman.

A group of Financial Ombudsman Service staff members sitting listening to a talk

what we'll work on

We’re proud of the progress we’ve made, but there’s still more we need to get right. Here you can read about what challenges remain and how we’re tackling them.

Juliana Francis, senior ombudsman and lead for equality, diversity and inclusion

what’s next

We have some exciting plans on the horizon, all aimed at making us more equal, diverse and inclusive. You can read more about them here.

A Financial Ombudsman Service staff member smiling

reporting

Here are the facts and figures on our diversity and gender pay gap.