CCR Magazine

You are here  :Home arrow News arrow The proposals for the upcoming Lord Davies report
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
The proposals for the upcoming Lord Davies report PDF Print E-mail
Tuesday, 11 August 2015

Krystyna Nowak, Managing Director, Board and Financial Services Practices, Norman Broadbent – the executive search firm, comments on the proposals for the upcoming Lord Davies report:

“Certainly, there’s the argument that introducing quotas can bring the risk of tokenism. However, five years ago everyone said the same when Lord Davies suggested the target of 25% on FTSE 100 Boards – we have now reached that target. It was worth taking that risk.
 
“We hope Lord Davies’ next report will achieve its goal of seeing a higher proportion of women in the highest paid roles; aiming for a 25% target of women on executive committees and other leadership roles will be valuable. In addition, this will have the effect of bringing more visibility to top pay both in general and in any gender differences;  it will be interesting to see how the proposal will be formulated.
 
“To achieve this 25% target level, companies will have to be more proactive on succession planning. They will also need to be much more focussed on developing women through the lower and middle pipelines, to progress into these senior roles. The key challenge this presents is keeping women coming through the pipeline and not losing them along the way. Companies need to work hard at retaining the right staff and helping to keep them progressing to senior executive levels.”

  

 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197