(Finance) – 44% of European financial services directors appointed in 2023 were women, down from 51% in 2022. 59% of all directors appointed in 2023 brought senior management experience, but only 38% were women, down from 47% in 2022. 31% of companies still have less than 40%, with women holding the most senior board positions in only 29% of companies. This is what emerges from un investigation by the consultancy firm EY.
The appointments of women on the boards of directors of the largest European financial services companies, the note reads, they decreased by seven percentage points year-on-year, according to the latest EY European Financial Services Boardroom Monitor, which reports that 44% of all appointments last year were by women, down from 51%. in 2022.
While all monitored European financial services companies have female representation on their boards, the current gender split across all companies is 57% men and 43% women, and 31% of services companies European listed financial companies still report a female representation of less than 40% on their boards of directors. This is below the level required by June 2026 to comply with the European Commission’s Women on Boards Directive, which requires all companies in EU member states to reach a target of 40% women on non-executive boards or 33% for all board members.
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