When Lloyds and HBOS merged to become Lloyds Banking Group in 2009, executives used it as an opportunity to review gender diversity programs and assess its progress since 2000. In light of this post-merger evaluation, Lloyds updated its gender diversity program to focus on creating a strong pipeline of talent for the short-, medium-, and long-term future under the guidance of Lloyds’ Gender and Work-Life Balance Steering Group, which was created in 2010 and is sponsored by 14 senior executives. Lloyds’ gender strategy is focused on talent management, and the bank has taken specific actions to build its talent pipeline and increase women’s representation.
Lloyds Banking Group—Championing Diversity to Build a Strong Talent Pipeline
Centers: Corporate Practice
Date: October 15, 2012