Monday, 3 February 2014

"Lloyds Banking Group to offer free sex-change operations to male managers"

From City AM:

Lloyds: 40pc of our top managers will be women in 2020

Antonio Horta Osorio will commit to ensuring 40 per cent of senior staff are female by 2020.

Currently 28 per cent of the bank’s 5,000 senior staff are female, equating to 1,400 employees. The increase to 40 per cent will take that up to 2,000, an increase of 600.

The pledge covers several bands of seniority, and the bank wants at least 25 per cent of managers at each of those levels to be female, ensuring widespread coverage from the target.

At the moment 60 per cent of the bank’s overall workforce is female. The chief executive of the state-backed bank will also undergo the procedute and will henceforth be known as 'Antonia'.