Progress Together, in association with Grant Thornton UK, brought together Chief Operating Officers and senior operations leaders from leading financial services firms. The discussion centred on turning social mobility commitments into reality through everyday operating decisions.

Key insights include fostering authentic leadership storytelling, ensuring fair work allocation in hybrid models, prioritising structured sponsorship over mentoring, setting transparent targets, and addressing AI’s effects on early career pathways. Participants from member organisations such as Aldermore, Lloyds Banking Group, Santander, and Nomura shared experiences and recommendations.

  • Lead with authenticity: Share personal stories to normalise background conversations and create psychological safety.
  • Ensure fair work allocation: Use data to monitor trends and intentionally distribute stretch opportunities in hybrid environments.
  • Prioritise sponsorship: Act as sponsors and build structured programmes with C-suite involvement for real progression.
  • Set smart targets: Focus effort with clear KPIs, paired with transparency to build trust and avoid quota perceptions.
  • Navigate AI impacts: Protect entry routes, reassess potential via adaptability, and use reverse mentoring on tech shifts.

 

COOs are uniquely positioned to shape recruitment, development, and progression systems that promote talent from all backgrounds.

Thank you to representatives from Aldermore, Alliance Bernstein, Cash Access UK, Chubb, Close Brothers, Cynergy Bank PLC, Deutsche Bank, Isio, Lloyds Banking Group, Nomura International, Santander, and St James’s Place for their valuable contributions.

Browse our other reports and materials here . Join the effort and become part of Progress Together here.

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