‘next steps’ - 30% club · 3.20pm next steps for shareholders ... governance analyst at...
TRANSCRIPT
‘Next steps’1 July 2014
#30pcnextsteps
www.30percentclub.org
@30percentclub
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3.00pm Welcome Simon Holden, Partner, Investment Banking Division, Goldman Sachs
and Chair of Goldman Sachs EMEA Senior Diversity Council
3.05pm Recent progress and the tasks ahead Sir Roger Carr, Chairman BAE Systems
3.20pm Next steps for shareholders Panel discussion between Sir Win Bischoff, Chairman, Financial Reporting Council; Ian McVeigh,
Fund manager, UK Equities, Jupiter Asset Management; Sandra Carlisle, Head of Responsible Investment, Newton; and Clare Payn, International Corporate Governance Manager, Legal & General Investment Management Moderator – Emma Howard Boyd, investor group lead, 30% Club
3.50pm Balancing the Pyramid: 5 initiatives i) ‘Cracking the Code’ – firms’ evaluation survey Pavita Cooper, co-founder of Elliott Cooper; and Rachel Short, Director, YSC
ii) Cross-company mentoring for mid-career women Pilot close-out film and next steps
iii) Career Strategy Programme for early- to mid-career women Niamh Corbett, Vice President, Investment Banking, Morgan Stanley
iv) 30% Club Business School Scholarships and the challenges for business schools Andrew White, Associate Dean for Executive Education at Saïd Business School
v) Professional Services Firms – Managing Partners’ perspectives Caroline Carr, EMEA Head of Talent Development, Goldman Sachs; Claudia Harris, Partner,
McKinsey; Will Lawes, Senior Partner, Freshfields; and Simon Collins, Chairman, KPMG
4.55pm Public sector dimension and insights from the Financial Conduct Authority Jennifer Barrow, Head of Corporate Responsibility, Financial Conduct Authority (FCA)
5.10pm The 30% Club as an international approach to change �•� Reflections�from�the�US�– Kiersten Salander, Deputy Chief of Staff, Bloomberg
�•� �Canada�and�Australia�– Brenda Trenowden, Head of Financial Institutions Group, Europe Global Head of Funds, ANZ
�•� Ireland – Marie O’Connor, Partner, PwC �•� Hong�Kong – Su-Mei Thompson, CEO, The Women’s Foundation
5.50pm Close and drinks reception Guest speakers Robert Swannell, Chairman, Marks & Spencer; and the Rt. Hon Nicky Morgan MP,
Minister for Women and Financial Secretary to the Treasury
Please note that this is an on the record event and views expressed are not necessarily representative of all 30% Club members. With sincere thanks to Goldman Sachs for generously sponsoring the event.
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Simon N.J. Holden
Simon is co-chief operating officer of the Global Technology, Media and Telecom (TMT) Group, head of the TMT Group in EMEA and global head of the Telecom sector within the TMT Group at Goldman Sachs. He is Chair of the EMEA Senior Diversity Council. Simon joined Goldman Sachs as an executive director in 2000, and was named managing director in 2002 and partner in 2006.
Simon began his career in investment banking in 1994 with Baring Brothers in London and in 1997, he moved to Hong Kong, working across the Asia-Pacific region. Earlier in his career, he worked for Coopers & Lybrand.
Simon is a trustee of the children’s charity Right To Play UK and sits on an advisory board at The Royal Opera House.
Simon earned a Bachelor of Engineering from the Imperial College of Science, Technology and Medicine, University of London, where he was awarded a Holligrave Exhibition. He is a fellow of the Institute of Chartered Accountants.
Helena Morrissey CBE FSIP CEO, Newton and Founder 30% Club
Helena joined Newton in 1994 as a fixed income fund manager and was appointed CEO in 2001. Newton manages more than £50bn for pension funds, charities and through funds available to individual investors.
In 2010, Helena founded the 30% Club, a cross-business initiative aimed at achieving 30% women on UK corporate boards by 2015 through voluntary, business-led change. This has now become an international approach, with 30% Clubs in the US, Hong Kong and Ireland. She also chairs Opportunity Now, Business in the Community’s gender diversity campaign.
In June 2014 Helena was appointed Chair of The Investment Management Association, the UK’s industry trade body whose members manage £5trn.
Helena was voted one of the ‘50 Most Influential People in Finance’ by Bloomberg Markets Magazine in October 2013. In 2010 she was named the Financial News ‘Most Influential Woman in European Asset Management’. She is a Fellow of the Society of Investment Professionals and was appointed CBE in the 2012 New Year’s Honours list.
A Cambridge philosophy graduate, she began her career as a global bond analyst with Schroders in New York. Helena is married with nine children.
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Sir Roger Carr
Sir Roger Carr is Chairman of BAE Systems plc. He is also a member of the Prime Minister’s Business Advisory Group and a senior adviser to KKR – the world’s largest private equity company. In addition, he is a Visiting Fellow of Saïd Business School, University of Oxford.
He has previously held a number of senior appointments including Chairman of Centrica plc (2004 – 2013), Deputy Chairman and Senior Independent Director of the Court of the Bank of England, President of the Confederation of British Industry, Chairman of Cadbury plc, Chairman of Chubb plc, Chairman of Mitchells & Butlers plc, Chairman of Thames Water plc and Chief Executive of Williams plc.
Throughout his career he has served on a number of external committees including the Manufacturing Council of the CBI, The Higgs Committee on Corporate Governance and Business for New Europe. He is a fellow of the Royal Society for the Encouragement of the Arts, Manufacturers & Commerce, a Companion of the Institute of Management, and an Honorary Fellow of the Institute of Chartered Secretaries and Administrators.
He was knighted for Services to Business in the Queen’s New Year’s Honours list 2011.
Sir Win Bischoff
Sir Win Bischoff became Chairman of The Financial Reporting Council on 1 May 2014. He was previously Chairman of Lloyds Banking Group from 2009. Sir Win has substantial experience of leading complex international boards in the UK, Asia and the US. His background spans a range of sectors, including banking and capital markets, finance and government regulation and public policy.
He is a non-executive director of The McGraw Hill Companies Inc., and is Chairman of the Advisory Council of TheCityUK. Sir Win was appointed Chairman of Citigroup Europe in 2000. He became the acting Chief Executive Officer of Citigroup Inc. in 2007 and was subsequently appointed as Chairman in the same year until his retirement in February 2009. Prior to this, he was the Group Chief Executive and then Chairman of Schroders.
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Ian McVeigh
Ian McVeigh currently runs the Jupiter UK Growth fund which, with AUM of £950m, is one of the flagship funds of the Jupiter Group and has delivered top quartile performance over 1, 3, and 5 years and over the whole of the 10 years that Ian has been running the fund. In that longer period, the fund has returned 218% over 70% points more than the benchmark. 90% of the fund is currently held in 30 stocks and though predominantly UK, the manager has taken advantage of the allowed flexibility to hold stocks like BMW, Adidas and Apple. Governance is a key focus.
Prior to joining Jupiter, Ian worked at Schroders and UBS.
Sandra Carlisle
Sandra is Head of Responsible investment at Newton. Prior to joining Newton, Sandra was a director at F&C Investments responsible for the marketing and business development of F&C’s ethical and sustainable investment products. She set up a sustainability and climate change practice at Brunswick and ran the specialist global thematic sustainability investment team at Citi. Whilst at Citi, Sandra co-founded Citiwomen, a group-wide diversity network which won a BITC Opportunity Now award in 2001. Sandra has also worked for Deutsche Bank and SG Warburg and spent several years at JP Morgan in its sovereign debt restructuring team.
Sandra is an Oxford modern languages graduate and speaks fluent French and German and conversational Italian.
Sandra is a keen equestrian, theatre-goer and opera-lover in her spare time.
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Clare Payn
Clare is International Corporate Governance Manager at LGIM. She has overall responsibility for LGIM’s international voting and engagement activities in the North American and European ex UK regions. She also leads the LGIM governance team’s work on improving gender diversity on corporate boards and sits on L&G Group plc’s Equality, Diversity and Inclusion Committee, and the Female Talent Forum, focussed on strengthening the Group’s female representation below Board and Executive level.
Clare joined LGIM in March 2010 from Aberdeen Asset Management where she held the title of Senior Corporate Governance Analyst for five years. She was responsible for establishing, managing and driving forward the company’s UK and European Corporate Governance strategy and Proxy Voting capabilities. Prior to that, she was a Corporate Governance Analyst at Deutsche Asset Management for five years, which was a new role created to deal with the increase in importance of Corporate Governance.
Clare graduated from Loughborough University and holds a BA Hons degree in English Literature.
Emma Howard Boyd
Emma is Chair of the 30% Club investor group. She has spent her 25-year career working in financial services, initially in corporate finance, and then in fund management, specialising in sustainable investment and corporate governance.
As Sustainable Investment and Governance Director at Jupiter Asset Management, and more recently Director of Stewardship, Emma has been integral to the development of Jupiter’s reputation in the corporate governance and sustainability fields. This work has included research and analysis on companies’ environmental, social and governance performance, engaging with companies at board level and public policy engagement.
She currently serves on various boards and advisory committees including the Environment Agency, the Future Cities Catapult, the Aldersgate Group, the 30% Club, the Carbon Trust Advisory Panel, the Executive Board of The Prince’s Accounting for Sustainability and the 30% Club Steering Committee.
Her past board and advisory roles have included being a director of Triodos Renewables PLC; Vice Chair and Chair of UKSIF, the UK sustainable investment and finance association, and a member of the Commission on Environmental Markets and Economic Performance, set up by the UK Government to make detailed proposals specifically on enhancing the UK environmental industries, technologies and markets.
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Pavita Cooper
Pavita is the co-founder of Elliott Cooper an Executive search and leadership advisory firm that works with organisations to place leaders in the Boardroom and across the C-suite.
With 25 years’ experience leading global talent, leadership and executive resourcing teams at blue-chip corporations such as Shell, BAA, Barclays and Lloyds Banking Group, Pavita has acted as an adviser to CEOs, executive teams and business leaders worldwide.
She combines exceptional technical skills and experience with intuition and judgement to deliver success in executive appointments, CEO and Board succession planning. Pavita’s successful impact in succession planning, hiring and developing talent, leadership assessment and team evaluation can be seen today in a number of FTSE 100 firms.
Pavita is an accredited coach, and brings extensive experience in coaching senior leaders through transition and integration to new roles; she also invests in next generation leaders providing mentoring support and access to her wide network.
Pavita is a passionate advocate of diversity in the boardroom and committed to the accelerating the progression of women and ethnic minority leaders. She is a Steering Committee Member of the 30% Club and a non-executive director of My Family Care, the UK’s leading family care provider for large employers.
Rachel Short
Rachel is a Director at YSC, based in London. She supports a range of FTSE 250 clients to build individual and organisational capability. Rachel’s areas of interest include diversity and individual, team and organisational effectiveness. Her coaching assignments frequently involve helping senior women to progress to enterprise leadership roles. In addition to her client responsibilities, she has managed the YSC Online business, and has been leading the development of YSC’s point of view on female leaders and gender diversity.
Describing herself as a ‘late bloomer’, Rachel has recently attracted wider public attention. Her home was featured in Period Living, then she appeared on Woman’s Hour to talk about the psychology of game-changers, and most recently she has covered the launch and publication of research into why women succeed at work – commissioned by the 30% Club. Her straightforward, plain-speaking style seems to work well for a range of audiences.
Before joining YSC, she worked in Communications at BP and the European Bank for Reconstruction and Development. She had a number of HR roles in NatWest Group, Coutts and Metro Inspection Services. Her increasing interest in how organisations bring the best out in people led to her retraining as an organisational psychologist. Prior to joining YSC in late 2005, Rachel completed an MSc in Organisational Psychology at City University, gaining a national award from the British Psychological Society for her research into age diversity.
Rachel studied Classics, married and had two children at Oxford. When not working, she is often travelling to far flung places to visit her husband who works in overseas development and has just set up a micro-finance organisation that supports female entrepreneurs in Zimbabwe.
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Niamh Corbett
Niamh Corbett has been in investment banking for eight years, working with companies ranging from early stage start-ups to global multinationals. She started her career in banking at Arbuthnot Securities, where she focused on raising VC funding for, advising and listing early stage high growth companies. She joined Morgan Stanley in 2009 and is currently a Vice President in their Investment Banking division in London, advising FTSE 100 companies on their market interactions.
Niamh is on the Steering Committee of the 30% Club where she focuses on early to mid-career initiatives and leads the Career Strategy group. She also sits on the Global Advisory Board of Astia, a not-for-profit organisation accelerating the funding and growth of women-led start-ups worldwide. She is very active in London’s tech scene, acting as a business mentor to start-ups through programmes at Seedcamp (Europe’s micro-seed fund for internet tech start-ups), and Level39 and Startupbootcamp in the FinTech space.
She has also been very involved with getting younger people on boards in the charity sector, working with several charities including Action on Hearing Loss, where she served as a Centenary Trustee.
Niamh also writes on topics related to women in business for industry and national publications and speaks regularly at conferences and events.
Andrew White
Andrew White is Associate Dean for Executive Education at Saïd Business School and Fellow of Green Templeton College at the University of Oxford. An experienced programme director, teacher and researcher, his areas of expertise include innovation management and leadership development.
In his role since 2010, Andrew is responsible for forging connections of the School and the wider university’s research, resources and expertise with senior leaders in global companies and organisations. He leads on the development and delivery of custom, open and accredited executive programmes which serve as the primary platform for the School’s communication with those facing the demands of leadership in the 21st century. The School rose to 7th in the world, and 1st in the UK, in the 2012 Financial Times combined rankings for Executive Education demonstrating the School’s impact in supporting senior leaders through its Executive Education provision.
He has directed and taught on a wide range of executive development programmes for organisations such as BAE Systems, Lloyd’s Market Association, the Government of Abu Dhabi, Avon Cosmetics, State Farm and IBM. He also regularly contributes to the School’s open and accredited programmes focusing on the areas of leadership development, change management and innovation management.
Andrew acts as a consultant to a number of global organisations, and has co-authored a review of how information technology will create intelligent infrastructure systems over the next few decades for the UK Government’s Department of Trade and Industry. He is a Fellow of the Royal Society for the Encouragement of Arts, Manufacturers and Commerce and is a Scholar with the Advanced Institute of Management Research.
Andrew joined Saïd Business School as Fellow in Strategic Management in 2006. Prior to this, he worked at the Cranfield School of Management, latterly as a Senior Research Fellow within the Centre for Logistics in Supply Chain Management. He was a Research Engineer for the University of Warwick from 1997 to 2001, where he obtained his doctorate in addition to a masters in science (with distinction).
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Caroline Carr
Caroline is the EMEA head of Talent Development in the Human Capital Management (HCM) Division at Goldman Sachs. She has responsibility for the Office of Global Leadership and Diversity, Goldman Sachs University, and Federation HCM business partners in the region. Prior to joining HCM in 2010, Caroline was a senior counsel in the Legal Department, advising on litigation and contentious regulatory matters in EMEA. Caroline joined Goldman Sachs in 2005 and was named managing director in 2012.
Prior to joining the firm, Caroline was a solicitor with the firms of Freshfields Bruckhaus Deringer, and Slaughter and May, working in London and Hong Kong.
Caroline is a member of the 30% Club Steering Committee, leading the Professional Services Firms initiative, and is a member of the Development Board of Christ’s College, Cambridge. She also founded Network for Knowledge, a London-based network for women in the legal and compliance professions.
Caroline earned an MA in Classics from the University of Cambridge in 1998. She is a member of the Law Society of England and Wales and a solicitor of the Supreme Court of Judicature in England and Wales.
Claudia Harris
Claudia is a Partner in McKinsey & Company’s London Office. She is a leader in the Consumer practice and specialises in global transformation programmes.
Claudia originally joined McKinsey in 2003 where she focused primarily on healthcare and consumer healthcare clients. She then spent time working at the Prime Minister’s Delivery Unit and pursuing an MBA before rejoining the firm in 2008.
At the Prime Minister’s Delivery Unit she was part of the healthcare team responsible for the successful delivery of the Long Term Conditions and MRSA targets.
Claudia leads the McKinsey London Women’s Initiative and is on the Steering Committee of the 30% Club.
She has an MBA from Harvard Business School and a BA in Politics, Philosophy and Economics from Oxford.
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Simon Collins
Simon is the UK Chairman and Senior Partner of KPMG, a member of the KPMG Global Executive Team and Board and the Chairman of KPMG Gulf Holdings. Simon qualified as a chartered accountant in 1986 and then moved into banking at SG Warburg & Co, where he worked in the fixed income and advisory business. Following this, he moved to Natwest Markets where he became a Managing Director and Head of the Global Debt Structuring and Private Placement Group.
In 1998, after a number of years in investment banking, Simon joined KPMG and founded KPMG’s Debt Advisory practice. Since then he has assisted major corporates, private equity houses and governments with their financing needs.
Simon chairs the KPMG Foundation, a £10m fund endowed by the partners, focusing on helping disadvantaged children, and he is a Trustee of Pancreatic Cancer UK. Simon is also a member of the India UK CEO Forum, the Saudi-British Joint Business Council and the UAE-UK Business Council.
Simon is married with two children and enjoys learning the piano in his spare time.
William Lawes
Will Lawes has been with Freshfields for nearly 30 years and became senior partner (executive chairman) in January 2011.
He is a corporate lawyer at heart and still actively advises a range of clients on a variety of matters. Increasingly he has focused on companies which have found themselves in financial or other difficulties or are pursuing cross-border or hostile M&A. Will has been a trusted board adviser for many years and has a long track record of helping businesses manage crises and achieve strategic transformation.
As senior partner, Will chairs Freshfields’ board and has responsibility for the firm’s strategy, governance, culture, values, risk management and reputation enhancement. He is also tasked with building consensus amongst the partnership around the firm’s strategic initiatives, he appoints the key members of the firm’s management and helps lead its efforts on community responsibility and diversity. He spends a significant proportion of his time visiting Freshfields’ offices and clients around the world and building relationships with the other law firms with which we work closely in countries where we do not have an office.
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Jennifer Barrow
Jenny Barrow has been working in the Diversity and Corporate Responsibility field since 2006, predominantly in the legal sector. She has created and delivered a variety of Diversity, Inclusion and CR strategies and is currently the Head of Corporate Responsibility at the Financial Conduct Authority.
Kiersten Salander
Kiersten Salander is Deputy Chief of Staff to the Chairman of Bloomberg LP, the leading global provider of financial news and information. She joined Bloomberg in the Chairman’s Office in October 2005. Kiersten is Chair of the US Steering Committee for the 30% Club, a group of Chairs and CEOs committed to better gender balance at senior management levels. Prior to Bloomberg, she worked in account management at Ogilvy & Mather.
She holds a BS in Business Management from Washington and Lee University and is a member of the Washington and Lee University New York Alumni Committee.
Brenda Trenowden
Brenda Trenowden is the Head of the Financial Institutions Group for Europe and the Global Head of Funds for ANZ. She is also the current President of the City Women Network (CWN), the oldest women’s network in London.
Over the past 25 years, Brenda has established a strong track record in building international businesses and teams, and managing complex client relationships across the globe. She has lived and worked in a number of different countries in Asia, Europe and North America for some of the world’s largest banks including Citi, BNP Paribas, Lloyds Banking Group and BNY Mellon.
Brenda graduated with an honours Bachelor of Commerce degree from Queen’s University in Canada and has a Chartered Financial Analyst designation. She is a passionate advocate for women’s economic empowerment and is involved in a number of gender diversity initiatives including CWN and the Steering Committee of the 30% Club and she is Trustee and Treasurer for the Asian University for Women UK Support Foundation.
Brenda is also a Member of the Global Council of Queen’s University School of Business, a Trustee of Queen’s University’s Bader International Study Centre in Sussex, and a Freeman of the Worshipful Company of International Bankers.
A Canadian by birth, Brenda now considers herself a ‘citizen of the world’ and lives in Kent with her husband, ‘Trend’ and her two children, Teddy and India.
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Su-Mei Thompson
Su-Mei Thompson joined The Women’s Foundation in July 2009 as CEO. In 2013 she was appointed by the Chief Executive of Hong Kong to the Equal Opportunities Commission.
Su-Mei began her career in Corporate Finance with Linklaters while also teaching contract and commercial law at Kings’ College, London. After seven years at Linklaters in London, Paris and Hong Kong, she served as Regional Director for Legal & Business Affairs at Walt Disney Television Asia-Pacific. She joined the Financial Times in 2003 as Managing Director for Asia and a member of the FT’s Global Management Board. Su-Mei also served on the Board of the Business Standard newspaper in India. In 2007, Su-Mei joined Christie’s as Senior Vice-President, Strategic Business Development for Asia.
A keen advocate for more women in boards, Su-Mei founded the 30% Club in Hong Kong in 2013. Su Mei serves on several boards, including the Asia arm of Intelligence Squared, the Cheltenham Ladies College council, her alma mater, and Opera Hong Kong. Su-Mei is chair of the remuneration committee of Natural Beauty Bio-Technology Ltd. Su-Mei and her husband are founding members of the Asia Art Archive Collectors’ Circle and patrons of the HK Ballet.
Su-Mei writes for and edits a monthly column on women’s and gender issues for the South China Morning Post. Her recent speaking credits include the Women’s Forum in Myanmar (2013) and the IMF/World Bank Annual Meetings in Tokyo (2012).
She was a founding Board member of Save The Children Hong Kong and previously on the board of China Cablecom. In Hong Kong, Su-Mei was appointed to the Women’s Commission’s taskforce for women’s development goals and has served as an external adviser to the Planning Committee for the Chinese University of Gender Studies Programme.
Su-Mei holds a BA in Law from Cambridge University, a first-class Masters degree in Law (B.C.L.) from Oxford University and earned her MBA at IMD where she was the first woman to graduate on the Dean’s List. She completed the FT’s Non-Executive Director Diploma in 2013.
‘Next steps’1 July 2014
Marie O’Connor
Marie O’Connor is a partner at PwC in Ireland and specialises in providing audit and business advisory services to the financial services industry.
Marie is the lead engagement partner on a number of Dublin’s most successful investment fund structures and has advised a number of leading US asset management groups in establishing operations in Ireland. She was the lead partner of PwC’s Irish asset management practice for 12 years until 2007 and was also the Financial Services Leader at PwC in Ireland for the later four years. Marie was a member of PwC’s Global Investment Management Leadership team and PwC’s European IM and FS Leadership executive for many years.
Marie has been appointed as non-executive director by the Irish Government over the last 20 years. Appointments have included, Dublin Airport Authority, IDA Ireland, Irish Life, National College of Art, Top Level Appointments Committee. Marie is a member of the Irish Chapter of the Ireland US Council for Commerce and Industry, has been a board member of the American Chamber of Commerce and the Economic and Social Research Institute for Ireland.
Marie is a Fellow of the Chartered Association of Certified Accountants, and is also qualified as a Barrister.
Addendum 5.10pm The 30% Club as an international approach to change
• Reflections from the US – Kiersten Salander, Deputy Chief of Staff, Bloomberg • Canada and Australia – Stephanie MacKendrick, President, MacKendrick & Associates International Inc. and Brenda Trenowden, Head of Financial Institutions Group, Europe, Global Head of Funds, ANZ • Ireland – Marie O’Connor, Partner, PwC • Hong Kong – Su-Mei Thompson, CEO, The Women’s Foundation
Biography Stephanie MacKendrick
Stephanie MacKendrick is a Toronto-based former journalist and communications professional who has earned a reputation as a highly-respected thought leader and not-for-profit change agent focusing on women’s career advancement, particularly in the media, telecommunications and technology fields. She is also a commentator on how trends in technology and media impact careers and businesses. She is currently President of MacKendrick & Associates International Inc., a consultancy that specializes in advising corporations on gender diversity strategies that maximize business results. MacKendrick & Associates also coaches women and men with senior business experience on developing and advancing their board careers. An influential leader, Stephanie currently co-chairs the steering committee of the 30% Club Canada, a high profile campaign that originated in the UK and now seeks to raise the proportion of women on corporate boards in Canada to 30% within five years. Her track record for effective leadership, innovation and capacity building was achieved over more than 16 years as the President of Canadian Women in Communications and in her extensive volunteer leadership. In 2007-2008, Stephanie served as President of the Board of The International Alliance for Women, an organization of women’s networks representing more than 30,000 women worldwide. She co-founded the TIAW World of Difference 100 Awards in 2008 which has since recognized close to 500 recipients from more than 80 countries, and she continues to serve as Chair of the Awards Committee. Stephanie is also Vice-Chair of the Samara Project, a high-profile initiative promoting citizen engagement in politics and public life in Canada. She was named to WXN’s Most Powerful Women: Canada’s Top 100 in 2005 and 2012, was inducted into Canada’s Telecom Hall of Fame in 2010, received the Innoversity Angel Award for promoting diversity in 2005, was named a 2012 Diversity Champion by Women of Influence and in 2010 was admitted to the freedom of the City of London (UK).
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‘Next steps’1 July 2014
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