Women made up 42 per cent of seats in boardrooms among financial services firms as of January, up from 37 per cent when the same research was completed for the first time in June. Across the FTSE 100, the average was nearly 40 per cent in 2022, according to previous research by EY and Cranfield School of Management.
Gender diversity in boardroom appointments has risen more significantly, with 50 per cent of roles taken by female candidates – an 8 percentage point increase year on year. Research by DBRS Morningstar last year showed just five out of 43 banks in Europe had female chief executives in 2021.
Explains a lot.
Europe is also on the brink of a massive recession. Coincidence? I think not.
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