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In The Press: On the Presidents Club

Print First published: May 18th 2018; Last Updated: February 2nd 2022

Writing in The Telegraph, City Hive’s Bev Shah revealed The Truth About What Goes on Behind Closed Doors in The City, following the Presidents Club scandal.

Drawing on her own experiences from more than 15 years' experience in the City at some of the world's largest financial institutions - Aviva, Aviva Investors, Merchant Securities (now part of San Lam UK), HSBC, Bear Stearns & Lehman Brothers - Bev Shah wrote about a sexist culture that for too long has remained rooted in the investment community.

She wrote: “Since the behaviour of some of the men at the Presidents Club was exposed, I have been asked several questions as an advocate for greater diversity in the City: were you shocked?

“The answer is no. We have long witnessed and experience this deplorable behaviour that, to a degree, it feels normal. We have had to laugh along when inappropriate jokes are made, because we don’t want to be pushed out of the ‘club’.”

Read the full article here: https://www.telegraph.co.uk/women/work/truth-goes-city-behind-closed-doors/

The Presidents Scandal erupted following an undercover expose by The Financial Times in which a ‘men only’ charity fundraiser was not just proudly “the most un-PC event of the year”, according to the article, but resulted in allegations of sexual assault of female hostesses.

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