Aviva and Phoenix have withdrawn their membership from the Confederation of British Industry (CBI) following multiple misconduct allegations faced by the business group. The move makes them the first major organizations to quit the group in the wake of a second rape allegation by a female employee of the CBI. The woman claimed that she was raped by two male colleagues while she was unconscious following a night out while working at a CBI office abroad. Aviva and Phoenix said that they were terminating their membership immediately in light of the allegations and the CBI’s handling of the process and response. The latest rape allegations have been reported to the police, and investigations into a previous rape allegation and several other misconduct allegations are ongoing.
Companies resign from CBI following accusation of rape by another female employee.
- 6 May 2023
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Jack Wilson is an experienced finance writer and analyst with a deep understanding of the global economy, stock market, and personal finance. He holds an MBA in Finance and has worked in the industry for over 12 years. Jack's insights and commentary have been featured in various financial publications. In his spare time, he enjoys investing and following the latest market trends.
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