Scottish banker Dame Debbie Crosbie is taking on a UK Government role to help women take key roles in the financial services sector.
Dame Debbie, chief executive of Nationwide Building Society, becomes Women in Finance Champion, succeeding Aviva’s Dame Amanda Blanc whose five year tenure has seen senior female representation rise from 32% to 36% among about 440 firms.
It is an unpaid, direct ministerial appointment reporting to the Economic Secretary to the Treasury.
Chancellor Rachel Reeves, said: “When I became Chancellor, I said my time in office would be a success if more young women and girls knew there should be no ceiling on their ambition and no limit to what they can achieve.
“The Women in Finance Charter is a key tool to achieve that progress. I thank Amanda for her exceptional leadership over the past five years, and look forward to working with Debbie as she takes on the mantle.”
Dame Debbie, who held senior roles at Clydesdale Bank and TSB Bank, said: “When women succeed in business they inspire the next generation and ensure economic growth is sustainable and inclusive.
“The Charter is key to driving even more growth in financial services and harnessing all of the sector’s skills and talents. I look forward to building on the excellent progress made by Amanda, and working with the Chancellor and across our industry to encourage even more growth and progress.”
Dame Debbie joined Nationwide as its first-ever female CEO in June 2022 and was appointed a Dame Commander of the British Empire (DBE) in June this year for services to the financial sector.
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