Daily Archives: February 9, 2012

Jim Pickard

David Cameron has been quoted saying he will not rule out quotas for women on boardrooms as a way to get more women into top executive jobs. Speaking at a summit in Sweden, the prime minister said he wanted to “accelerate” the increase in women on the boards of top UK firms – even if this was ideally without quotas.

A year ago an official report by Lord Davies into the issue urged companies to more than double the number of women on boards by 2015. At present the proportion of female FTSE 100 directors is about 15 per cent, though they tend to be non-executives rather than executives.

Mr Cameron said Scandinavian countries were “leading the way in Europe” on the issue of women in top executive jobs. In Norway, where quotas were introduced in 2008, the proportion is 40 per cent. (Other countries are following suit with quotas including France and Spain).