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UK prime minister has not “ruled out” boardroom quotas


Rachel Ogbu
WVoN co-editor 

David Cameron, the UK prime minister, has told leaders of eight Nordic and Baltic countries at a summit in Sweden that he would not “rule out” quotas as a way of getting more women into the boardrooms of British companies.

He said he would consider the option if “if we cannot get there by other means”, and promised to look at how Nordic and Baltic countries have approached the issue.

Accepting that the “case is overwhelming that companies and countries run better if you have men and women working together at the top”, he indicated that he would like to see at least 30 per cent of women on British boards.

According to Board Watch (which tracks the appointment of women to UK boards), 15 per cent of directors on FTSE 100 boards are now women, compared to 12.5 per cent in February 2011.

In his report published in February 2011, Lord Davies of Abersoch recommended a figure of 25 per cent of women on boards of FTSE 100 companies by 2015 (see WVoN coverage).

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