Still not enough women directors of FTSE firms

BUSINESS groups reacted with disappointment to the news that only 12.5 per cent of FTSE 100 company board directors were women yesterday.

Penny de Valk, chief executive of the Institute of Leadership & Management, reacted to research from Cranfield University saying government enforced quotas were by no means an ideal solution but would soon become the only option if the UK was to improve female representation on company boards.

“Clearly some level of intervention from government is needed, whether it is the Australian-style ‘comply or explain’ system or the more directive system of quotas,” she said.

Meanwhile, Katja Hall, director of employment policy at the CBI, said while companies were already taking steps to boost the number of female directors “more needs to be done.”