Masthaven Bank has added its name to the Women in Finance Charter, a pledge launched by the Treasury that seeks to support the progression of women into senior finance roles.

The charter asks signatories to commit to four actions: to have one senior executive responsible for diversity and inclusion; to set senior management gender diversity targets; to publish reports on its progress in these matters and to link senior executive pay to delivery against these targets.

Masthaven says that women comprise 47% of its total staff, 34% of its senior managers, and 33% of its board.

Chief people officer Tricia Halpin says: ““The Women in Finance Charter enshrines the values that Masthaven lives by.

“As an organisation, we understand the need to prioritise diversity and inclusion, which is why we’ve invested in our people. The bank has launched initiatives to support women in their career development and ensure everyone shares in the company’s success.

“Diversity, of all kinds, is well known to benefit businesses. Diverse viewpoints spark innovation, and a wide range of perspectives means we can better support our customers from all walks of life.

“Diversity and inclusion need to be at the top of the agenda for every organisation and we’re proud to be signing the Women in Finance Charter as we commit to encouraging female talent across the business.”