Board gender parity delayed to 2059 at current pace

Ethnic minorities and women being sidelined

Pedro Gonçalves
clock • 2 min read

There are only 36 women at a C-suite level across the FTSE-100, a total of 12.2%, according to a new report that warns that at this rate of change, it would be 2059 before women held 50% of the top three roles.

Green Park, a recruitment consultancy, said that ethnic minority and female leaders are being sidelined in non-executive director roles or functions that hold less influence and are less likely to lead to a C-suite promotion. Looking at FTSE 100 companies, it found that at 71.1% female, human resources has the greatest female representation of the functions analysed, followed by marketing and communications (50%); and legal, compliance & risk (36.5%). Green Park research: No black CEOs, chairs or CFOs at FTSE 100 companies In the top three roles of CEO, CFO and chair there are just...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Diversity

City Hive relaunches mentorship programme in partnership with EnCircle

City Hive relaunches mentorship programme in partnership with EnCircle

Focus on diversity in workforce

Linus Uhlig
clock 28 October 2024 • 2 min read
Nearly half of Diversity Project's inaugural Pathway cohort secure promotions

Nearly half of Diversity Project's inaugural Pathway cohort secure promotions

2022-2024 Impact report

Sorin-Andrei Dojan
clock 21 October 2024 • 1 min read
Mirova's Felipe Gordillo and Louis Wuyam: Gender bonds as a tool to reduce gender inequality

Mirova's Felipe Gordillo and Louis Wuyam: Gender bonds as a tool to reduce gender inequality

'Urgent to take action'

Felipe Gordillo and Louis Wuyam
clock 20 September 2024 • 4 min read
Trustpilot