• 73 Agias Fylaxeos Street, Josephides Court Office 301, 3087 Limassol
  • info@cfacyprus.com
  • Careers
  • Contact us
  • Careers
Linkedin-in Facebook-f Twitter
  • About Us
    • CFA Society Cyprus
      • Leadership
      • History
      • Membership
    • CFA Institute
    • CFA Program
    • Professional Education
  • Committees
    • Advocacy
    • Financial Literacy
    • Inclusion
    • Research Challenge
  • Candidates
    • Exam Dates
    • FAQ
  • Events
  • Media
    • Research Challenge
    • Advocacy
    • Financial Literacy
    • General
  • Podcasts
  • Webinars
  • Contact Us

Type To Search

  • About Us
    • CFA Society Cyprus
      • Leadership
      • History
      • Membership
    • CFA Institute
    • CFA Program
    • Professional Education
  • Committees
    • Advocacy
    • Financial Literacy
    • Inclusion
    • Research Challenge
  • Candidates
    • Exam Dates
    • FAQ
  • Events
  • Media
    • Research Challenge
    • Advocacy
    • Financial Literacy
    • General
  • Podcasts
  • Webinars
  • Contact Us

Type To Search

  • About Us
    • CFA Society Cyprus
      • Leadership
      • History
      • Membership
    • CFA Institute
    • CFA Program
    • Professional Education
  • Committees
    • Advocacy
    • Financial Literacy
    • Inclusion
    • Research Challenge
  • Candidates
    • Exam Dates
    • FAQ
  • Events
  • Media
    • Research Challenge
    • Advocacy
    • Financial Literacy
    • General
  • Podcasts
  • Webinars
  • Contact Us

Type To Search

  • About Us
    • CFA Society Cyprus
      • Leadership
      • History
      • Membership
    • CFA Institute
    • CFA Program
    • Professional Education
  • Advocacy
  • Financial Literacy
  • Research Challenge
  • DEI
  • Candidates
    • Exam Dates
    • FAQ
  • Events
  • Media
    • Research Challenge
    • Advocacy
    • Financial Literacy
    • General
  • Contact Us
Media
Diversity Equity & InclusionOther

Inclusive Behaviours and Better Business Outcomes: Why Financial Firms Should Endorse the CFA Institute Inclusion Code

April 20, 2026
By Dr. Stella Mourouzidou Damtsa, CFA
Board Member and Inclusion (DEI) Committee Chair

The strongest organisations are built on technical expertise, sound processes, ambitious goals, and a culture that allows people to contribute fully. A healthy organisational culture strengthens the quality of dialogue in meetings, encourages openness to different perspectives, supports constructive challenge, and enables people to do their best work. Inclusive behaviour plays an important role in shaping that kind of environment. In professions such as finance, which are built on trust and long-term responsibility, inclusive behaviour is closely connected to organisational quality and business performance.

CFA Institute has given that connection a practical and professional framework. In its European Inclusion Code material, CFA Institute describes diversity, equity and inclusion work as mission-aligned with its broader purpose of promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society. Such language is important because it places inclusion within the professional standards of the investment industry rather than outside them. The CFA Institute approach presents inclusion as part of how firms lead well, build credibility, and serve clients and society responsibly.

The value of the CFA Institute framework also lies in its practicality. At the heart of the European Inclusion Code are three clear objectives: to meet the industry where it is, to define practical principles that firms can implement from a realistic foundation, and to provide a metrics-based reporting framework designed to produce meaningful, aggregated and benchmarked data. The Code also focuses on concrete areas that shape institutional life, including pipeline, talent acquisition, promotion and retention, leadership, influence, and measurement. In the European context, the framework is being developed with local CFA societies so that shared principles are supported by implementation guidance and country-specific context.

Investment management, banking, and financial services depend heavily on the quality and agility of their teams. Good decisions are strengthened when professionals feel able to raise concerns, offer alternative views, and challenge consensus before action is taken. A culture that invites contribution from people with different experiences and perspectives is more likely to support rigorous discussion, sharper judgement, and stronger collective intelligence. Inclusive behaviour therefore supports not only fairness and belonging, but also the quality of analysis and decision-making in an environment shaped by constant change and disruption.

Beyond the principles themselves, the Inclusion Code speaks about promoting adoption across the investment industry, sharing tested practices, collaborating with peers, and making the economic, business, and moral case for Inclusion. The material also states that integrating Inclusion can improve investment outcomes and enhance business success. Inclusion builds better functioning teams, stronger institutions, and more resilient business outcomes.

The senior leadership of an organisation is central to that effort. Inclusive cultures are built not only through formal policies, but through the tone from the top, repeated decisions and visible behaviours: who is invited into important conversations, whose potential is recognised, who receives stretch opportunities, how disagreement is handled, and whether leaders create space for honest challenge. Measurement is equally important. The CFA Institute framework places measurement alongside leadership and influence, signalling that progress should be observable, intentional, and supported by accountability. The combination of behaviour and measurement gives firms a realistic path from principle to practice.

Industry momentum suggests that many organisations already recognise the importance of that path. CFA Institute’s material notes that investment leaders are taking ownership of Inclusion, supported by internal experts and advocates, while recognised standards, industry data, accountability, and client expectations are helping sustain progress. The European adaptation of the Code, developed with local CFA members and societies, reflects the same ambition: a shared framework with room for local legal, regulatory, and cultural context. That combination of common principles and practical adaptation gives the work both credibility and relevance.

Wider business research points in a similar direction. A recent Grant Thornton report, although focused specifically on gender, found links between diversity initiatives and stronger innovation, better decision-making, improved financial performance, and stronger talent attraction. The broader lesson extends beyond any single category of diversity: organisations that make inclusion visible, credible, and measurable are often better placed to attract talent, strengthen culture, and support performance.

CFA Society Cyprus is already supporting this agenda through the work of its Inclusion Committee. The Committee’s objectives include raising awareness, promoting inclusion, and influencing policy, while its recent initiatives have included signing a Memorandum of Understanding with Diversity Charter Cyprus, engaging with Regulators on KPI development and data gathering, contributing comments on equal pay regulation, publishing inclusion-focused articles, recording public-awareness podcasts, and promoting the CFA Inclusion Code through strategic collaborations and events. This gives the conversation a practical local dimension and shows that inclusion is being advanced both in principle and through concrete action.

This commitment will be reinforced through CFA Society Cyprus’s upcoming webinar with Sarah Maynard, which offers a timely opportunity for financial professionals, business leaders, and firms in Cyprus to engage directly with the business case for inclusion. The discussion will highlight how inclusive behaviours contribute to stronger teams, better decisions, and more sustainable business outcomes, while also encouraging firms to consider endorsing the CFA Institute Inclusion Code. For organisations seeking practical ways to strengthen culture, leadership, and performance, the webinar is a timely and action-oriented forum for engagement.

For financial firms, the next step is clear. Firms should review their practices against the principles of the CFA Institute Inclusion Code and move toward endorsement with seriousness and intent. Endorsement is more than a public statement. It is a commitment to leadership, accountability, measurement, and progress. At a time when financial institutions are being asked to demonstrate resilience, credibility, and long-term value, endorsing the Inclusion Code is an opportunity to strengthen culture, decision-making, and trust. Firms that want stronger teams and better business outcomes should not stand at the edge of this conversation. They should lead it.

Click here to register and receive a link to our upcoming webinar
Prev

Αειφόρος Πλούτος: Γιατί οι «Έξυπνες Συζητήσεις για το Χρήμα» Πρέπει να Περιλαμβάνουν Κριτήρια Βιωσιμότητας

April 7, 2026

Building an Alliance for Financial Education in Cyprus

May 7, 2026
Next

Related Posts

OtherResearch Challenge
April 22, 2024by cfa

Research Challenge – EMEA Region Final

This year’s local Research Challenge winners visited Abu Dhabi to take place in...
Other
June 19, 2023by cfa

CFA Society Cyprus celebrates its 20 year anniversary

On Wednesday, June 14th, 2023, CFA Society Cyprus celebrated its 20 year anniversary with...
Categories
  • Advocacy16
  • Careers1
  • Diversity Equity & Inclusion13
  • ESG2
  • Events16
  • Financial Literacy31
  • Other89
  • Research Challenge28
  • Uncategorized2
  • Webinars2
Recent Posts
  • Annual Forecasting Event 2026 : “Staying Ahead of the Curve: Fundamentals and Discipline in Volatile Markets”
  • Building an Alliance for Financial Education in Cyprus
  • Inclusive Behaviours and Better Business Outcomes: Why Financial Firms Should Endorse the CFA Institute Inclusion Code
  • Αειφόρος Πλούτος: Γιατί οι «Έξυπνες Συζητήσεις για το Χρήμα» Πρέπει να Περιλαμβάνουν Κριτήρια Βιωσιμότητας
  • Sustainable Wealth: Why “Smart Money Talks” Must Include ESG

© 2023 CFA Society Cyprus | All Rights Reserved. Website Designed & Developed by BLACKPEPPERCY.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT