European banks make slow progress on gender diversity at the top
European banks are making slow progress on gender diversity, with women in just over a quarter of executive roles and 37 per cent of board seats last year, compared with 20 and 35 per cent respectively in 2020.
The research by DBRS Morningstar, based on data from 43 banks across Europe and the UK, also showed considerable variation between countries, with German and Portuguese banks at the bottom for women on boards and in executive teams.
Quotas “may have helped to boost female board representation, but management positions and positions of executive decision making continue to show higher participation by men”, wrote the DBRS Morningstar analysts.
This story originally appeared on: Financial Times - Author:Siddharth Venkataramakrishnan
