Female representation on FTSE 100 boards on the rise

As the business secretary, Vince Cable, welcomes progress on female representation on FTSE 100 boards, the CIPD report on the subject.

According the research the proportion of women on FTSE 100 boards has risen to 19 per cent, up from 17.4 per cent in May.

This shows promising growth towards the government's voluntary target of filling 25 per cent of boardroom positions in the FTSE 100 with females by 2015.

Cable commented: “I’m glad the number of women at the top of our most successful companies continues to rise. Businesses are clearly still striving to get the right mix of talent around their boardroom table and we must not lose that momentum.” 

However, research by the Professional Boards Forum BoardWatch has revealed that while the proportion of female non-executive directors had risen to 23.8 per cent, the share of executive directors had only increased to 6.1 per cent.

Cable added: “Appointing more women as non-executive directors is not an end in itself. This is about more talented women getting executive experience, so that they will not only advise, but run this country’s great companies.”