In addition, the FCA said companies should have at least one woman holding a senior board position.
It proposed that at least 40% of company boards should consist of women, including those who self-identify as a woman. As of January 2021, women accounted for 36% of company board positions on the U.K.'s main FTSE 100, according to data from theIn addition, the FCA said companies should have at least one woman holding the senior board positions of chair, CEO, senior independent director or chief financial officer.
"This allows companies flexibility to provide relevant context on their approach to board diversity, whether or not these targets are met," the FCA said in its paper.
Just put in place by competency not because of some token placement
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