The TRADE 61 - Q3 2019 | Page 44

[ I N T E R V I E W | S T E F A N I E imposed diversity measure, then you are never going to truly earn their trust. Positions should be achieved based on merit and firms need to be picking the right people based on the required skill sets and backgrounds, not on an enforced quota for hiring by gender or ethnicity etc. At the same time, our industry is undergoing rapid changes as part of the digital revolution and it is more important than ever to have an edge, to be better pre- pared, better educated and to work better as a team. Bringing the right attitude along to an ever-changing environment, enjoying the fast pace and being pragmatic, whilst keeping the greater vision in sight, are necessary traits in financial 44 // TheTrade // Fall 2019 H O LT Z E - J E N ] services too. Now we are entering into an increasingly difficult economic environment and many people may not want to risk speaking out about opportunities or gaps in knowledge which need to be filled, even though this is exactly what we need right now. This could be having an approachable employer who is open and supportive of furthering your ideas and skills, which I’m fortunate to have with DWS, or perhaps to find a mentor or to act as a mentor to others. But most importantly, women and oth- er underrepresented groups need to take the initiative themselves and start being more proactive at putting themselves forward and asking for further training, more responsibility and better exposure to be part of shaping this indus- try’s future. In which ways will a more diverse workforce benefit the FX industry as a whole? SHJ: The evidence is that more diversity is proven to deliver better results. A 2018 study of 1,000 companies across 12 countries by McKinsey and Co found that companies in the top quartile for gender diversity on their executive teams were 21% more likely to experience above-average profitability. Meanwhile,