Are women welcome in the boardroom?

| June 2, 2010 | 0 Comments
Are women welcome in the boardroom?

New rules to put more women in the boardroom will benefit British companies, a financial expert has claimed.

The UK Corporate Governance Code was updated this week to put pressure on firms to recruit more female executives.

The Financial Reporting Council updated the code after research found that just 8.8% of director positions in companies on the FTSE 350 index are held by women.

Benjamin McCarron, responsible investment analyst at the Co-operative Asset Management, said the new rules are good news for British companies.

“Board diversity is more likely to bring a breadth of opinions and provide the best leadership for a business,” he said.

“We all want the best people for the job.

“But the stark statistics tell us we’re either failing to look at the whole field of talent - or failing to nurture it.”

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