Growing digital wealth manager Moneyfarm has appointed former Virgin Money chief Dame Jayne-Anne Gadhia as chair.

Female representation in financial firms is beginning to rise as the Treasury’s Women in Finance Charter begins to have an impact.

The Treasury says that a further 26 companies have signed up to the Women in Finance Charter, including Old Mutual Wealth, Allianz, the Bank of England, Deloitte and Tesco Bank - increasing the number of employees covered by the Charter to over 600,000.