Females: Directors

Women and Equalities written question – answered on 5th July 2018.

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Photo of Jim Shannon Jim Shannon Shadow DUP Spokesperson (Human Rights), Shadow DUP Spokesperson (Health)

To ask the Minister for Women and Equalities, what assessment she has made of the reasons for the recent reduction in the number of women in FTSE 100 finance chief roles.

Photo of Victoria Atkins Victoria Atkins The Parliamentary Under-Secretary of State for the Home Department, Minister for Women

While there has been a dip in the number of female Chief Financial Officers in the FTSE 100 this year, there has been a significant increase in the number for the FTSE 250 since 2015 and therefore the FTSE 350 as a whole. Mid-year figures for the Hampton-Alexander Review released last Wednesday showed that 29% of all FTSE 100 board positions are now held by women, up from 12.5% in 2011.

The Review has launched an online portal for all FTSE 350 companies to submit wider female leadership data. This will track progress against 2017’s extended targets for 33% of women across the Executive Committee and their Direct Reports. These targets will help ensure there is a sustainable pipeline of women for all FTSE 100 board roles including finance chief roles.

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