16 advisors in Most Powerful Women in the City list

17 August 2015 Consultancy.uk

City A.M's most recent  ‘Women in the City powerlist’, which presents an overview of the most important women in London’s financial hub on social media, contains 20 female advisors, of which 16 work at business advisory firms.

Women in the City powerlist
The Women in the City powerlist is a weekly updated list that contains the, at that time, most powerful women working in London’s financial hub. The list which is published by City A.M and powered by Rise recognises the most inspiring and powerful social media accounts.

The list contains active users of Twitter and other social media, and is based on Klout scores. These scores are derived from their activity on Twitter, Facebook, Google Plus, LinkedIn, Instagram, Foursquare, Wikipedia as well as Klout. Users can add themselves by hitting the ‘join’ button, after which their submissions is reviewed by the moderators of City A.M.

Women in the City powerlist

This week’s list has the same top three as last week’s, with Eileen Burbidge, Partner at Passion Capital, topping the list, followed by Non-Executive Director at BAE Systems Harriet Green. Brenda Kelly, Head Analyst London Capital Group, rounds out the top three.

The list of the 84 most influential women in the city includes 20 advisors, of which sixteen work at a business consulting firm. An overview:

Sacha Romanovitch | Anna Wallace | Maggie Buggie | Stephanie Hyde | Fiona Hotston Moore | Tracey Groves

- Sacha Romanovitch, found on #12, is the CEO at Grant Thornton UK.
- #13 is Anna Wallace, the Head of UK Political Relations at PwC.
- Maggie Buggie (#21) is VP and Global Head of Digital Sales and Marketing at Capgemini.
- Stephanie Hyde, found on #30, is an Executive Board Member at PwC.
- Forensic accountant, business and tax adviser at Ensors Chartered Accountants Fiona Hotston Moore is found on #34.
- #40 is for Tracey Groves, Compliance and Ethics Partner at PwC.

Gilly Lord | Suzi Woolfson | Joanna Santinon | Kate Elsdon | Sharon Thorne

- Head of regulatory affairs at PwC Gilly Lord secured the 42nd spot in the list.
- On #48 Suzi Woolfson, National Head of Private Business at PwC, is found.
EY Tax Partner Joanna Santinon is found on #49.
- #52 is for Director Entity Governance & Compliance at PwC Legal Kate Elsdon.
- Sharon Thorne, Managing Partner Global at Deloitte, secured a shared #58 spot.

Fiona Dunsire | Fiona Tait | Claire Warnes | Jo Ouvry | Pam Jackson

- UK Market Leader and CEO at Mercer Fiona Dunsire is found on #62.
- #64 is for Fiona Tait, who is Director UK Global Office at Deloitte.
- Partner at KPMG Claire Warnes secured a shared #67 spot.
- Jo Ouvry, Director of Corporate Affairs at Deloitte, is found on #69.
- Pam Jackson, M&A Tax Partner and Member of Middle East Management Board at PwC, is #75 on the list. 

Last week, Consultancy.uk highlighted the UK Economists Power 100, which featured Andrew Sentance from PwC, Mark Gregory from EY and Ian Stewart from Deloitte.

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Women remain underrepresented in UK's hospitality industry leadership

12 April 2019 Consultancy.uk

Female engagement at the top level of the UK hospitality industry is still lagging, with the vast majority of decision-making roles continue to be held by men. Only 7% of the industry’s FTSE 350 CEOs are women; however, the pay gap in hospitality and leisure is far better than in other industries, at a median of approximately 7%.

The hospitality, travel and leisure (HTL) sector is one of the UK’s largest employers, with 3.2 million people working in its segments. Despite a poor 2018 in terms of tightening consumer spending, the industry is still one of the top sectors in terms of economic activity, hitting £130 billion last year – besting the UK’s automotive, pharmaceutical and aeronautical sectors’ combined activities.

While the industry is one of the country’s largest employers, it still faces considerable issues around diversity at the top. New analysis from PwC has explored the matter, as well what initiatives the industry has engaged to open up its top ranks to a more diverse background.

Female representation at board level for UK companies and HTLs

According to a survey of CEOs, Chairs or HR Directors of over 100 of the most significant leisure businesses across the UK, the hospitality industry has a relatively male-dominated top level. This lags behind the FTSE 100, where companies have female board level representation at 32.2%. Meanwhile, the figure for the combined executive committee and direct reports stands at 28%. This is well above FTSE 250 levels, where female board level representation stands at 22.4% and executive committee & direct reports stand at 27.8%.

For the hospitality industry as a whole, board level representation came in at 23.6%, with FTSE 350 for the industry performing slightly better at 25.1%, while non-listed companies performed considerably worse at 18.2%. The firm notes that the figures hide that while some companies are making strides to improve equality, others are not moving forward – with the positive result reflecting more often the good work of some, while others are not taking the issue seriously in their agenda setting.

Blind spot

The study states, however, that while the overall numbers are relatively strong, the industry has a number of acute weaknesses. These include CEO numbers, with only 7% of HTL FTSE 350 companies helmed by women and 11% of non-listed companies led by female CEOs. Meanwhile, female chairs at FTSE 350 companies for the sector stand at zero. In terms of wider diversity representation, only 1 in 33 leaders at industry companies is from a BAME background.

Pay gap for HTL and hospitality

The report noted discrepancies between FTSE 100 companies and FTSE 250 in terms of improving the number of women at executive level. The majority have met the Hampton-Alexander Review target of 33% women at board level, up from around 25% in 2016. However, the remaining ~40% are not on target, and are unlikely to meet the target by 2020. A similar trend is noted when it comes to executive committee and direct reporting numbers.

Jon Terry, Diversity & Inclusion Consulting Leader at PwC, said, "To make real progress in diversity and inclusion, businesses need to elevate it onto the CEO’s agenda and align diversity & inclusion strategy to the fundamentals of the business."

Tracking progress FTSE 250 level

However, one area where hospitality travel and leisure companies are outperforming other companies in the wider UK economy, is the mean and median pay gap between men and women. PwC found that the median of the wider UK economy comes is approximately 14% – with upper quartile companies noted for a gap of low 20%, and lower quartile companies noted for differences of around 2%.

The median pay gap for HTL comes in at well below 7%, with the median close to parity. There are considerable differences, however, with hospitality at 7%, while travel comes in considerably higher, at 22%. The latter figure reflects fewer women in higher paid pilot and technical positions within the industry.