WIREDGOV

The CBI has responded to a report by Cranfield School of Management which shows that while the proportion and number of female directors in FTSE continues to increase, the rate of increase has slowed over the past six months.

Sir Roger Carr, the CBI President, said:

“Greater diversity improves atmospherics, dynamics and decision-making in British boardrooms. Businesses can only secure the best available individuals if they look at the widest pool of candidates.

“These figures show if we are to remove blockages in the pipeline of female talent development business leaders must roll up their sleeves and redouble their efforts to improve recruitment, mentoring and succession planning.

“Tokenistic EU quotas will do nothing to address the root causes of this issue. It is critical we nurture a diverse talent base right from the bottom to the top of our companies to hone our competitive edge.”