Boardrooms are ignoring calls to get the right mix

first_img Previous Article Next Article The Government and UK businesses have ignored calls to promote boardroomdiversity when appointing non-executive directors, according to an influentialindustry body. The Association of Chief Executives of Voluntary Organisations (Acevo),which has 1,650 members with a combined turn-over of £7bn, said little progresshas been made in the 12 months since a government-backed report recommendeddrastic changes to boardroom culture. Speaking at a London summit last week, Stephen Bubb, head of Acevo, said:”The signs are that, far from making progress, the Government andbusinesses are losing interest. We should not have to wait for the nextcorporate governance disaster before they do something about it.” Bubb revealed he wrote to the company secretaries of the entire FTSE 250, aswell as 20 top headhunters. He asked whether any had taken steps to widen recruitment, or wereinterested in considering not-for-profit sector chief executives as potentialnon-executive directors. Only one firm replied.  And that company asked not to be contacted again. The lack of interest comes a year after a report from the London BusinessSchool concluded that to enhance boardroom effectiveness, non-executives neededto be drawn from backgrounds other than white, middle-aged businessmen. The DTI has ruled out changing the law to force companies to open up therecruitment process, but said it was working to educate businesses about thebenefits of a diverse boardroom. “It’s clear we’re still not welcome in the boardroom clubhouse,”said Bubb. “The Government seems unwilling to force businesses’ heads out of thesand.” By Daniel Thomaswww.acevo.org.uk Related posts:No related photos. Comments are closed. Boardrooms are ignoring calls to get the right mixOn 29 Jun 2004 in Personnel Todaylast_img

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