Sector News

All boards must be accountable for gender balance   

March 25, 2019
Diversity & Inclusion

A good board of directors should know where it has blind spots. Companies lacking the right mix of talent, experience and perspectives may miss opportunities, ignore threats and fail to hold management accountable.

Many US corporate boards today lack gender diversity. Among companies in the Russell 3000 index, just 18.5 per cent of directors are women. Even worse, one-sixth of companies have no female board members. Just 41 have reached gender parity. Incremental gains have been made, but change remains slow. This is why the Teachers Insurance and Annuity Association of America is making a concerted effort to push boards to be more gender inclusive.

> Read the full article on the Financial Times website

By Roger Ferguson

Source: Financial Times

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