FMSB Initiates Board Mentoring Programme
Posted by Colin Lambert. Last updated: March 9, 2023
The Financial Markets Standards Board (FMSB) has announced a pilot mentoring programme to give members of the financial community direct boardroom experience. The board says it hopes that the programme will operate on an annual basis, and the opportunity to participate in the programme in 2024 will be made available to interested parties in early 2024.
LSEG’s Sabina Liu and JP Morgan’s Emma Mangan have been named as the first participants in the mentoring programme, after a successful interview process carried out by Teneo People Advisory. Liu is head of equities trading sales, APAC, and also responsible for key UK account coverage, at London Stock Exchange Group, she is also global co-chair of LSEG’s women’s network WIN, while Mangan is the newly appointed merchant and card European head of technology within JP Morgan’s Corporate Investment Bank.
Liu started the programme in January 2023, while Mangan commences her programme in July.
“This is a new initiative for 2023 where successful candidates will spend a year gaining practical boardroom experience to assist them with attaining a non-executive board role in the future,” says Mark Yallop, chair of FMSB. “Sabina and Emma will see the work of the board first-hand during a 12-month period and gain practical insight into the workings and decision-making processes of the FMSB Limited board and its committees. They will be mentored by FMSB’s non-executive directors and, importantly, they will enrich our own board discussion with their expertise and perspectives.”
FMSB non-executive director Niki Beattie, adds, “Diversity and inclusion starts from the top of the organisation. By creating this programme, FMSB hopes to bring diverse perspectives to our own board and to grow diverse talent that will bring positive changes to other businesses at the Board level. This programme will help candidates gain corporate governance experience, enabling them to take their first step to become NEDs.”
Concluding, FMSB CEO, Myles McGuinness, says, “This programme is highly pragmatic in its approach to improving diversity of thought in the boardroom. I know we will gain as much from the insights of our participants in this programme as they gain from us and look forward to working with our board and Sabina and Emma.”