Sarah Breeden: Out and proud - a note-worthy cause

Speech by Ms Sarah Breeden, Executive Director of UK Deposit Takers Supervision of the Bank of England, at the LGBT The Network of Networks (TNON) breakfast, Bank of England, London, 25 July 2019.

Central bank speech  | 
13 August 2019

I am very pleased to welcome you all here to this cross-industry employee Network of Networks (TNON) event at the bank for banks that is more famously known as the Bank of England.

Being a bank for other banks is just one of our roles. For many people, we are known best for printing Sterling banknotes.

On that theme, I am sure that many of you are aware that just last week we announced that the new face for our next 50 pound note will be Alan Turing - father of computing and artificial intelligence, the basis of our modern economy, and a gay man persecuted for his sexuality.

The response to this news from the Lesbian, Gay, Bisexual, Transgender plus (LGBT+) community has been incredibly positive. Speaking personally, I was thrilled to hear it given my role as executive sponsor of the Bank's LGBT+ and Allies network.

Building on this positive momentum, I want to use my opening remarks today to set out what more we can do to support this community. And to offer a very practical suggestion as to how each of you might be able to do more in your organisations too.

Why diversity and inclusion matters