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Article

1 Aug 2011

Author:
Kate Burgess, Financial Times [UK]

ABI pushes for more women in boardroom [UK]

The Association of British Insurers will issue new guidelines…designed to prompt companies to bring more women on to their boards…[I]t said the research would be published in September “to provide companies and investors with a useful benchmark”…The FRC, the standard-setter responsible for the UK’s code on corporate governance, is consulting on a recommendation in Lord Davies of Abersoch’s review of women on company boards…that the code should be revised to require listed companies to publish their policies on gender diversity in the boardroom and report against it annually. The call for change comes against a backdrop of increasing international focus on the need to find directors with more varied experience, which could help avoid what the European Commission calls “group think”.