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Does that mean that you are as aware of these stats as I am and that you have internal targets to improve them so that you can see the positive outcomes of your encouragement?

I am sorry to interrupt, but would it be possible for you to send us those statistics so that we can monitor the situation regularly?

I will come on to that. I am sorry to interrupt, but I want to square off my first question about your specific plans to get to equitability. I absolutely understand that the whole infrastructure of the financial sector has traditionally been heavily weighted in a certain way, but I imagine that you have a leadership role that means that you can effect positive change, given your guiding mission. Do you have specific plans to get to equitability, and, if so, over what timeframe do you plan to get there? I am happy for you to write to the committee if you do not have all that information available just now.

I look forward to hearing more about that. I am happy for you to write to the committee, given that Al Denholm is new to his post, but I gently give you notice that I will ask exactly the same questions this time next year.

When you are in front of us next year, will you therefore be able to provide input data and say, “We were there; now we are here”, confident in the knowledge that I will ask about it?

Excellent.

Thank you very much.

I will move on. I had a look at your interim equalities report, and I can see that there is still quite a gender gap in relation to the projects that are mentioned—the pay gap is 18.2 per cent compared with an average of 12.2 per cent. There is therefore still some way to go in relation to your projects. Only 13 per cent of board members across your portfolio of projects are women, which is well below the average. Are you applying any conditionality to projects in relation to equal representation? If not, why not? How will you break down those barriers in the wider environment?

I will move on. I understand that the bank is still in a loss-making position—we know where you are in your journey. However, I found myself thinking about what will happen to profits when the bank starts to make them. My view is that it is very important that the bank is able to reinvest profits so that you can get to the scale that will effect change, but I know that the Scottish Government claws back money from the likes of Registers of Scotland and enterprise agencies. Have you considered what the position would be with the investment bank?

I look forward to hearing more about that.

My last wee point leads on from that and is about impact. One of the points that I picked up from the recent report by the bank and the Good Economy, “Unlocking the potential of impact investing in Scotland”, was the lack of identity within the impact investment community in Scotland. The report makes various points about that. How do you see your role in establishing a proper impact investment community, particularly given Scotland’s strong hinterland in that regard, which we might attribute to our history of ESG investment?