‘Stale, pale, white male’ trope does not benefit diversity and inclusion – Thompson

Article here. Excerpt:

'Describing the demographic of the financial services industry as “stale, pale, white males” can make it difficult to improve diversity in the sector, Aldermore’s Damian Thompson has said.

Speaking at Diversity and Inclusivity Finance Forum (DIFF) on 14 January, the lender’s group managing director of retail finance said using the phrase was not helpful as the efforts of those who dominated the sector were needed to make the profession more inclusive.

Thompson (pictured) said: “I don’t buy into the stale, pale, white male – it can cause a lot of difficulty when we speak to them like that.

“They are going to have to transform in a world where opportunity in the previous 40 or 50 years was given to them. They are going to have to be in a world where there is competition now because of diversity and inclusion.

“These are the people willing to go on that journey with us in a world that says, ‘competition isn’t a bad thing’.”'