Sex(ism) in the City: ABI joins call for more female board directors

3rd August 2011

The ABI is to issue new guidelines later this year aimed at encourgaing companies tor recruit more women on to their boards.

The Financial Times (paywall) reported that the guidelines will also "push directors to improve succession planning and board evaluation".

In a letter to the Financial Reporting Council, which is consulting on how to get more women on to company boards, the ABI said the research would be published in September "to provide companies and investors with a useful benchmark" enabling them to "push forward best practice and raise market standards".

The ABI's research is part of an international focus on the need to increase diversity among directors 

In the UK Lord Davies of Abersoch's published his review of women on company boards in February. It recommended that listed companies publish their policies on gender diversity in the boardroom and report against it annually.

And in June the EU published proposals demanding a third of the directors on the boards of banks should be female.

More:

Women on top: Does having more females in the boardroom make a difference

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