Senior women occupying top positions across London's financial services sector have shared their most valuable career advice for the next generation of female talent. Their collective wisdom, distilled from years of navigating the industry's challenges, centres on embracing risk, building strong professional networks, and developing resilience.
The Power of Taking Calculated Risks
Several executives emphasised that career advancement often requires stepping outside one's comfort zone. Helena Morrissey, founder of the 30% Club and a veteran of the asset management industry, delivered a clear message: "Take the risk." She reflected on her own career trajectory, noting that significant opportunities arose when she accepted roles for which she did not feel entirely ready. This mindset, she suggests, is crucial for breaking through perceived barriers.
This sentiment was echoed by other leaders. Annemarie Durbin, who leads the global financial institutions group at Barclays, advised young professionals to "raise your hand for the difficult projects." She explained that volunteering for challenging assignments not only builds skills but also dramatically increases visibility within an organisation, putting individuals on the radar for promotion.
Building a Robust Support System
Beyond individual courage, the leaders highlighted the indispensable role of a strong professional network. Creating a personal 'board of directors' emerged as a key strategy. This involves cultivating relationships with mentors, sponsors, and peers who can offer guidance, advocate on your behalf, and provide honest feedback.
Dame Elizabeth Corley, chair of the Impact Investing Institute, stressed the importance of sponsorship over mere mentorship. While a mentor offers advice, a sponsor actively uses their influence to create opportunities. She urged women to proactively seek out sponsors who will champion their careers behind closed doors, particularly when key decisions about assignments and promotions are being made.
Annabelle Brodie-Smyth, managing director at headhunting firm Russell Reynolds, added that networking should not be a transactional activity. "Build genuine relationships," she recommended, suggesting that mutual support and shared learning form the foundation of a powerful professional community.
Overcoming Industry-Specific Hurdles
The advice also addressed the unique challenges within the financial sector. The leaders acknowledged that while progress has been made, barriers to gender diversity persist. They encouraged women to be strategic in their career planning and to develop a deep technical expertise that commands respect.
Financial literacy and commercial acumen were identified as non-negotiable assets. By mastering the technical aspects of their field, women can build the credibility needed to advance into leadership roles. The consensus was clear: competence and confidence are a powerful combination for overcoming bias.
Finally, the executives spoke about resilience. Setbacks are inevitable, but the ability to learn from failure and persist is what ultimately defines a successful career. Their collective message to the next generation is one of empowerment: be bold, build your tribe, master your craft, and do not be afraid to claim your seat at the table.
