Development Bank of Wales Crowned as the Best Large Workplace in Financial Services

The Development Bank of Wales has achieved a remarkable milestone, being named the UK's best large company to work for in the financial services and insurance sector. This prestigious recognition comes as the bank climbs to the top of the financial services and insurance category in the UK’s Best Workplaces 2026 list, compiled by Great Place to Work.

Outstanding Recognition in Workplace Excellence

This accolade highlights the Development Bank of Wales' commitment not only to its employees but also to the communities it serves. With a ranking of 14th out of the top 100 large workplaces nationwide, the bank's culture, built on trust and collaboration, has particularly resonated with its workforce.

A Shared Commitment to Community

Giles Thorley, the chief executive, expressed pride in this recognition, emphasizing that it reflects the dedication of every colleague. The bank has cultivated an environment where 89% of staff believe it is a great place to work, notably surpassing the benchmark for UK Best Large Workplaces. Moreover, an impressive 95% of employees feel a strong sense of pride in the organization's contributions to the community.

Endorsement from Great Place to Work

Benedict Gautrey, managing director of Great Place to Work UK, also acknowledged the bank’s achievement, stating that aligning what is 'better for business' with what is 'better for people' is crucial for contributing to a better world. This recognition not only marks the bank's second consecutive year on the national list but also reflects its continuous improvement in workplace culture.

The Voice of Employees

Employee feedback plays a significant role in these rankings, and sentiments from staff highlight the bank as a supportive workplace with a ‘fantastic’ culture. One employee specifically noted that "people care about their work and each other more than anywhere else I have worked," underscoring the importance of workplace camaraderie and support.

This recognition serves as an inspiring example of how prioritizing employee satisfaction and community engagement can lead to accolades and a thriving workplace environment. The Development Bank of Wales stands as a testament to the positive outcomes of fostering a strong organizational culture.