Standard Chartered announced its commitment towards gender parity, in conjunction with Labour Day. Through a set of initiatives, the bank has pledged to have 30% female
representation in senior leadership roles by 2020 globally.
To achieve this, the Bank has, among others, launched a Global Women’s Network, and committed to fair policies and processes including the Fair Pay Charter. The Charter sets out several principles, including the Bank’s ongoing commitment to rewarding its people in a way that is free from discrimination of any kind.
Standard Chartered Bank Malaysia MD and CEO, Abrar Anwar, said the Bank is committed to a culture where all colleagues feel valued and can contribute their best, “Fair pay should be understood to mean that remuneration is consistent across the board, that is, the absence of discrimination in how wages are calculated. Our vision is to create a culture of inclusion where talents and individuality are valued and respected, and where everyone is given the opportunity to excel and develop.”