Women make up nearly a third of financial service firm boards, report says

A woman casts a shadow as she walks along a footpath past a coffee shop on a sunny, winter day in central Sydney, Australia July 25, 2017. REUTERS/David Gray/File Photo

  • HM Treasury Women in Finance Charter marks 5 years
  • Over 200 firms, women now make up 32% of boards vs 23%
  • Women make up 22% of executive committees vs 14%

LONDON, July 19 (Reuters) – The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third in the five years since the government launched an initiative to improve gender balance in the sector, a report on Monday said.

Since the launch of the HM Treasury Women in Finance Charter in March 2016, the number of women on the board at the companies had risen to 32% from 23%, think tank New Financial said in a review of the charter’s impact.

Female representation on executive committees, meanwhile, had increased to 22% from 14%, it added. Based on the current rate of change, women would reach parity in the…

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