Financial News (FN) has officially opened nominations for its 2024 Top Women in Finance list, an annual ranking that spotlights the most influential female leaders in European financial services. The deadline for submissions is May 17, 2024.
Eligibility and Criteria
Nominations are open to women working across all sectors of finance, including banking, asset management, private equity, fintech, and professional services. Candidates must be based in Europe, though their roles may have global reach. The list aims to recognize individuals who have demonstrated exceptional leadership, innovation, and impact within their organizations and the broader industry.
According to FN, the selection process will consider factors such as career achievements, influence on company strategy, mentorship of junior colleagues, and contributions to diversity and inclusion initiatives. Previous winners have included senior executives from major banks like Goldman Sachs, JPMorgan, and Barclays, as well as founders of emerging fintech firms.
How to Nominate
Nominations can be submitted via the FN website. Self-nominations are accepted, and third-party nominations from colleagues, clients, or industry peers are encouraged. Each submission requires a brief explanation of why the nominee deserves recognition, highlighting specific accomplishments and their impact on the financial sector.
FN emphasizes that the list is not a ranking but a curated selection of women who are making a tangible difference. The final list will be published in June 2024 and will be accompanied by profiles of select honorees.
Impact and Importance
The Top Women in Finance list has become a key benchmark for diversity in the industry since its launch in 2014. Over the past decade, it has featured more than 500 women, helping to raise their profiles and inspire the next generation of female leaders. In 2023, the list included 50 women from 15 countries, spanning roles from CEO to chief economist.
FN editor-in-chief said: "We are proud to continue this tradition of celebrating the achievements of women in finance. The list not only highlights individual success but also underscores the need for greater gender diversity at all levels of the industry."
Context and Trends
The call for nominations comes amid ongoing efforts to improve gender balance in European finance. According to a 2023 report by the European Banking Authority, women hold only 22% of executive board positions in EU banks, though this represents an increase from 18% in 2018. Initiatives like FN's list aim to accelerate progress by providing visibility and recognition.
Last year's list saw a notable increase in nominations from fintech and sustainable finance sectors, reflecting broader industry shifts. FN expects similar trends in 2024, with a growing emphasis on digital transformation and ESG investing.
How to Participate
To nominate a candidate, visit the Financial News website and complete the nomination form. The deadline is May 17, 2024. Late submissions will not be considered. For questions, contact the FN events team.
