Female representation in financial firms is beginning to rise as the Treasury’s Women in Finance Charter begins to have an impact.

With 36 new recent sign-ups, more than 330 companies have now signed up to the Charter which now covers more than 800,000 employees.

The Women in Finance Charter asks financial services firms to commit to four actions to prepare their female talent for leadership positions within their firms.

Financial Planning firms such as Addidi and wealth managers such as Ark Wealth are among the new sign ups. New providers signing up include: Vitality, Skipton Building Society and Commerzbank AG.

The news coincides with the launch of the second Women in Finance Charter Annual Review, which shows that female representation in senior management at charter firms is rising, with 86% of signatories having either increased or maintained the proportion of women in the top jobs.

John Glen, economic secretary to the Treasury said: “Gender equality is not just a moral imperative, it’s also better for employees and better for business. Which is why it’s vital that we see conversations on gender diversity taking place across the financial sector.

“Without the committed women and men championing the gender agenda at every level in their firms, we would not have seen the fantastic progress that we have today. But, we will only see long-lasting change with consistent action, so we’ll continue to monitor the progress of the sector closely to ensure it keeps up the momentum. If progress slows, we can and will take further action.”

Jayne Anne-Gadhia, the government’s Women in Finance Champion, said: “We know that there is more to be done and I am pleased to see the progress made by Charter signatories so far, and that a further 36 financial services firms have made a public commitment to develop a more diverse and inclusive workforce by signing the Charter.”

The 36 new firms who have signed the Women in Finance Charter are:

•Addidi Wealth Limited

•Uinsure Ltd

•Glenhawk

•Sapphire Capital Partners LLP

•St Mary’s Private Wealth

•IPTF (Income Protection Task Force)

•Bridging Finance Solutions Group

•TFA (Tom French & Associates Limited)

•Hope Capital

•Vitality

•Vanilla Thinking Limited (ACQ5)

•FLA (The Finance & Leasing Association)

•AMP Capital Investors UK

•Castle Trust

•Ark Wealth Ltd

•Bibby Financial Services Ltd

•Crowe U.K. LLP

•Also Communications

•ABN AMRO UK

•Crito Capital LLP

•Skipton Building Society

•Bluestone Leasing Limited

•Triodos Bank

•AMC Executive Search

•BMW Financial Services (GB)

•AEGON UK

•Amundi London

•Commerzbank AG

•Everyday Loans Group

•Cameron Hume Limited

•ISDA (International Swaps & Derivatives Association)

•Stifel Nicolaus Europe Limited

•CDC Group

•Provident Financial plc

•Pays Services UK Limited (Paysafe)

•HW Global Talent Partner