Legal & General wins praise for women on board

first_img Previous Article Next Article Comments are closed. Legal & General has been singled out as one of the few FTSE 100 firmsthat has a significant proportion of women on the board. The financial services company was praised in a report by BusinessAge, whichfinds that women are still failing to reach the top jobs, even though theyrepresent 45 per cent of the workforce. Less than 5 per cent of FTSE 100 company directorial posts are held by womenand there are 47 firms with no female representatives on the board. Incontrast, four out of 16 Legal & General board members are women, and oneof its female board members is an executive director. John MacCarthy, Legal & General’s HR director, believes the company’sexperience proves that top-level commitment to gender equality is essential ifreal progress is to be made. In the 1980s, the firm employed Lady Howe as a non-executive director, whowas also head of Opportunity 2000, which was set up to help provide a levelplaying field for women. MacCarthy said Lady Howe and Legal & General’s former chief executiveJoe Palmer ensured the firm introduced a positive approach to recruiting seniorwomen. Legal & General wins praise for women on boardOn 23 Oct 2001 in Personnel Today Related posts:No related photos.last_img