Travelex, the leading independent foreign exchange specialist is proud to announce the launch of its global diversity sponsorship programme, designed to increase the gender and ethnic/racial diversity of its talent pipeline to senior management level within the organisation.
The sponsorship programme will see members of the Executive and Senior Leadership Team (the “Sponsors”) matched with diverse high potential talent (the “Sponsees”). The Sponsors will be responsible for supporting the career development of their assigned Sponsee.
The Travelex sponsorship programme, which will include a total of 30 individuals across the global business, is designed to support high potential gender and ethnically/racially diverse talent in accelerating their development by facilitating their exposure to critical learning experiences, providing them with opportunities to develop the capability required to take the next steps in their career.
Travelex recognises the importance of supporting talent from all diversity strands to strengthen its business. The initial launch of this sponsorship programme will act as a pilot with future plans to extend the programme to include other diversity strands.
Clare Belcher, Co-chair of the Travelex Diversity Committee said: “We are excited about the impact the Travelex sponsorship programme will have in driving the equality agenda across our global business, providing opportunities for colleagues and ensuring that our senior management take individual accountability for developing our next generation of talent.”
“With research from McKinsey showing that gender diverse companies are 15% more profitable and ethnically diverse companies being 35% more profitable, increasing diverse representation at our senior management level is not just the ethically right thing to do, it also will drive business performance and financial return.”
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Headquartered in London, Travelex has a rich heritage in foreign currency, pioneering the travellers’ cheques of the past and the digital payments of the future. With a presence in over 27 countries, and over 1,200 stores at both on-airport and off-airport locations around the world, Travelex has distilled its expertise and experience into a platform that reinvents physical and digital cross-border money movement globally to ensure its clients remain one step ahead of the competition. The platform provides financial institutions with a trusted, efficient and accurate international payments service, plus secure and reliable banknote delivery of both major and exotic currencies.
A category leading independent foreign exchange specialist, the business covers the entire value chain of the retail foreign exchange industry. Travelex Group is also active in the remittances and payments space enabling physical and digital cross-border money movement for consumers and financial institutions.
Travelex is part of the Finablr network of brands. With category renowned brands in its fold, Finablr provides a broad array of innovative and trusted financial solutions for consumers, corporates and enterprises, through its deep regulatory know-how, relentless focus on technological innovation and a global network of retail stores, digital channels, payments platforms and industry partnerships.
For more information, visit the Travelex website www.travelex.com