Diversity and inclusion: growing importance in the supervisory assessment of banks’ culture

Perspectives

Banking Alert! Diversity and inclusion: growing importance in the supervisory assessment of banks’ culture

One of the key questions supervisors consider when assessing a firm’s culture is whether it promotes constructive challenge at all levels in the organisation. The underlying supervisory concern is whether there is any tendency towards “group-think”, especially at board level.

The past year has seen supervisors highlighting, with increasing frequency, the role that diversity and inclusion play in improving culture within firms.

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