Remote work impeded women's careers, CEO of top U.K. bank claims amid industry-wide RTO surge [Fortune]
HSBC Holdings, plc. (HSBC)
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Source: Fortune
Debbie Crosbie, who has been CEO since June 2022 and dismantled Nationwide's “work anywhere policy” in late 2023, thinks in-office presence is the key to career progression—especially for women. “We find, certainly at Nationwide… that men are more likely to come into the office than women,” Crosbie told BBC R4's Today program earlier this week . “Being seen and then seeing other leaders is a really important part of development.” Crosbie's approach has contrasted that of her predecessor, Joe Garner, who strongly advocated for flexible work by rolling out a 100% work-from-anywhere policy. He cited productivity benefits and access to talent as reasons driving the move in 2021. But a year ago, Crosbie replaced that with a two-day minimum in office for full-time employees. In an op-ed from March 2023 , she argued that remote and flexible work could limit the opportunities to cultivate future female leaders. “Several women in Nationwide speak with me now about how energised they f
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