The European Central Bank has announced that it aims to double the number of women holding its senior management roles by 2019.
At the moment only 14% of senior managers are women, and 17% of middle managers. Its new gender quota specifies that those figures should increase to 28% and 35% respectively.
There have only been two women out of a total of 18 people that have taken executive board positions at the ECB since its foundation in 1998: Austrian Gertrude Tumpel-Gugerell and Sirkka Hamalainen, from Finland.
The ECB’s target, if it can be pulled off, would compare very favourably to the current gender balance of FTSE companies’ boards.
Women make up only 17.4% of FTSE100 board positions and 12% of FTSE250 board positions, as of March this year. Those numbers are up by nearly half on 18 months prior.
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More on women in business:
Boardroom balance: Where are all the ladies?
Will we ever achieve gender balance in the boardroom?
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