Mr Ellwood co-signed the agreement which sees the London Stock Exchange Group join a number of FSTE 100 companies who are already signatories to the Covenant, including BAE Systems, Marks & Spencer and Vodafone.
By signing, the London Stock Exchange Group commits to upholding the key principles of the Armed Forces Covenant, pledging to support reservists and create career pathways through the MOD’s Career Transition Partnership (CTP).
As part of the agreement, the London Stock Exchange Group will promote that they are an armed forces-friendly organisation, advocating the armed forces to their business networks and encouraging support for the military community.
To celebrate the signing of the Armed Forces Covenant, the London Stock Exchange Group hosted a special market opening ceremony in London. The event was attended by existing and prospective signatories of the Armed Forces Covenant at a networking breakfast for small and medium enterprises.
Defence Minister Tobias Ellwood said: “This signing is a significant step for the London Stock Exchange Group, which is set to be a strong advocate for the benefits of employing our talented Defence people in businesses across the UK.
“These pledges will seek to open the door to new career pathways for veterans and provide flexibility for reservists – ensuring the Armed Forces community is not disadvantaged by their service and sacrifice for our country.”
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London Stock Exchange Minister for Defence People and Veterans Tobias Ellwood