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A woman’s place…is in the Boardroom
28 May 2010 | Filed under: Media ArticlesA new Corporate Governance Code was issued today by the Financial Reporting Council, which for the first time requires Boards to ‘ Pay due regard to the benefits of diversity on the Board, including gender’.
Only 12% of Directors in the FTSE 100 companies are women and this drops to 7% in the medium sized companies making up the FTSE 250.
Other significant changes include Directors submitting to annual election and for large Boards to be subject to appraisal by outside experts.
You can read the new Code for yourself here: http://www.frc.org.uk/press/pub2282.html .
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