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Former banker 'to claim £13m in compensation'

Former banker 'to claim £13m in compensation'

A London Employment Tribunal has ruled in favour of a former female investment banker's claim that she was subjected to discrimination against her sex.

Oksana Denysenko was made redundant from her role at Credit Suisse in London - which was founded in 1856 - after she returned from statutory maternity leave after the person who was temporarily filling in for her absence was given her job on a permanent basis.

Upon returning to work around a year after taking maternity leave in March 2006, Mrs Denysenko - who was a vice president at the firm - first shared her duties with her replacement, but was then made redundant in December 2007 after Credit Suisse decided it did not require two people in the same role.

However, Judge George Foxwell and the panel at the hearing stated: "Had ... a fair procedure been adopted in redundancy selection it is more than likely she would have retained her job."

Mrs Denysenko's compensation award will be decided at a later date, but she is expected to claim more than £13 million in damages.

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Posted by Richard Saunders