Wall Street’s ‘Fearless Girl’ Statue Brought to London
In honor of International Women’s Day, a replica of the “Fearless Girl” statue has been installed in London. The statute is in Paternoster Square, right next to the London Stock Exchange. State Street, a U.S. bank and financial services company, is responsible for the original installation and the replica.
The statue is meant to highlight State Street’s campaign to include more women in management. The company announced they would vote down entire boards if they have no female nominees and had not engaged in the campaign by 2020.
State Street is the world’s third largest asset manager, with over $2.5 trillion in assets. Of the 1,265 companies they identified as having no women on their boards, 423 have added at least one female director in the last year. Catherine McGuinness, chair of the policy and resources committee at the City of London Corporation, believes the “Fearless Girl” is a beneficial addition.
“I hope that Fearless Girl will serve as a reminder of the progress we have made and the progress we still need to make.” – Catherine McGuinness, via Yahoo