Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Sexism in the City: AAM chief exec recalls being asked to fetch coffee

Lucy O’Carroll (far right)
Lucy O’Carroll (far right)

Aberdeen Asset Management (AAM)’s chief economist recalled yesterday how bankers once mistook her for a secretary and asked her to fetch some coffee.

Lucy O’Carroll, who has previously worked for Royal Bank of Scotland, Halifax Bank of Scotland and the Bank of England (BoE), said they also asked her to book them a taxi.

The brush with sexism in the financial services industry came during the early part of her career.

“I just laughed it off at the time,” said Ms O’Carroll, who was among the speakers at an AAM leadership forum in Ayrshire.

The subject up for discussion – gender diversity in business, politics and sport – could hardly have been more topical after the furore created by a massive pay gap between the highest paid men and women at the BBC.

Ms O’Carroll said the financial services industry was still largely dominated by men and AAM was keen to bring 21st Century diversity issues “to the fore”.

“This event is sending out a positive message about women’s role in the industry,” she said, adding she wanted her 18-year-old daughter to be able to have the same aspirations as men and not face any glass ceilings.

“Women need to be able to aspire to senior roles and not assume there are barriers in place,” she said.

Her own experience of outdated attitudes in the City came when she worked at the BoE.

She said: “I was sent into talk to some bankers about the economy. I went into the room to give a presentation and they immediately asked me to order them a taxi. One of them asked me to get him a coffee. I realised as soon as I had started they had assumed I was the secretary.”

Other speakers at the event, which took place ahead of this week’s AAM Ladies Scottish Open at Dundonald Links, included Scottish Tory leader Ruth Davidson, actor and comedian Elaine C Smith, brewing entrepreneur Petra Wetzel, Scottish women’s rugby chief Sheila Begbie, professional golfer Beth Allen and English rugby lengend Sir Clive Woodward.

AAM currently has three women on its nine-strong board.

Already a subscriber? Sign in

[[title]]

[[text]]