15th July 2010 - CWN Welcomes EU's Latest View on Gender Quotas on Company Boards
On 15th July the European Commission announced that it is considering introducing quotas to tackle gender imbalances in the decision-making bodies of private companies, where only 10% of members are women.
"Equality in decision-making is not yet a fact," EU Fundamental Rights Commissioner Viviane Reding told a hearing of the European Parliament's women's rights and gender equality committee on 14th July. "I do not rule out the possibility of putting forward legislation in this area," she added.
Click here to read the full details.
India Gary-Martin, President of City Women's Network, said: "Quotas have long been debated, and it is encouraging to see that the European Commission is debating this matter further. CWN, in its submission to the recent Treasury Select Committee Report into senior women's leadership: 'Women in City', made key points which we believe are critical to further the advancement of senior women.
"These include diversity in the workplace; improved mentoring programmes for women; employers implementing policies providing for greater transparency and mandatory reporting of gender differences in recruiting, retention, promotion and compensation. We would like to see the debate regarding quotas continue, and to achieve a strong dialogue among corporate organisations for senior women's leadership."
Background:
- Only one in ten board members of Europe's top listed companies are women, according to figures published by the European Commission. The representation of women among CEOs of the biggest companies is even lower, at 3%.
- This is despite a recent study, endorsed by Brussels, which shows that a higher presence of women in top jobs has a positive impact on economic growth.
Nevertheless, economic circles are still largely inaccessible to women. No governor of a European central bank is female, for example. - Gender equality is also far from being a reality in the political field. In Europe, only 24% of members of national parliaments are women. And only 27% of government members are female.
News Release June 22nd 2010 - CWN PRESIDENT MOVES INTO GLOBAL ROLE WITH J.P. MORGANCWN’s President India Gary-Martin, today takes on a new role with global investment bank J.P. Morgan. India joins an impressive list of well-known senior women at J.P. Morgan including Heidi Miller, who was named the President of the International Business earlier today and Blythe Masters, the Global Head of Commodities for the Investment Bank.In her new role as the Global Head of Location strategy and Performance Metrics, India will ensure that the infrastructure meets the growth demands of the Investment Banking business, and align change management programs with strategic priorities. She will report to Peter Cherasia, The Global Head of Investment Banking Technology, Operations and Real Estate at J.P.Morgan.Read this News Release here.
News Release June 9th 2010 - CWN CONGRATULATES GAY HUEY-EVANS ON ACHIEVING KEY NED LONDON STOCK EXCHANGE ROLECWN is delighted to hear that Gay Huey-Evans, Vice Chairman Investment Banking and Investment Management at Barclays plc, has been appointed a Non-Executive Director of the London Stock Exchange's Audit and Remuneration Committees.Gay recently moderated the CWN all male panel of top UK CEO's event: ‘Diversity: a Man’s Point of View’ (see Events/Past Events for a report on this event) and she is a strong supporter of CWN.Read this News Release here.
News Release April 3rd 2010 - CWN STATEMENT ON THE TREASURY SELECT COMMITTEE REPORT ON WOMEN IN THE CITYCity Women’s Network believes the problem of very few women directors on the boards of FTSE 100 companies is largely one of demand, not supply.City Women’s Network gave evidence to the Treasury Select Committee in October 2009. Commenting on the Treasury Select Committee Report on Women in the City, India Gary-Martin, President of City Women’s Network said:'There’s an inherent problem in the life cycle of recruitment of women to the boards of FTSE 100 companies. The problem is not just related to board selection committees. Selection committees often contract headhunters who, by nature of the types of candidates that they represent, do not offer enough women in the pool of candidates. If board selection committees don't specify that a diverse slate of candidates be presented, there is little incentive for head-hunters to look outside of their traditional pool which means that female candidates are deselected before the process even begins.'Read this News Release here.
News Release March 5th 2010 - CITY WOMEN’S NETWORK NEW PRESIDENTIndia Gary-Martin, who most recently led the programme to deliver the Asset Protection Scheme for Global Banking & Markets at RBS, was elected as the new President of City Women’s Network, on March 4th 2010. A former Credit Suisse Managing Director, Julia Bond, was elected Vice President.Read this News Release here (MS Word, 69kb).
News Release October 14th 2009 -- CWN’S TOP WOMEN IN PARLIAMENT AND DOWNING STREET
Two members of City Women’s Network are in the news today. CWN’s president, Clare Dobie, is giving evidence to the Treasury Select Committee looking into the pay and status of women working in the City of London, and India Gary-Martin, Chair of City Women’s Network’s Personal Development Committee, and head of the asset protection scheme for Global Banking & Markets at RBS, is visiting Downing Street as one of the 100 most influential black people in the UK.Read this News Release here (MS Word, 52kb).
News Release March 5th 2009 -- CWN and Rotman School of Management Partner to "Make it Work"
This one-day workshop will offer mid-level and senior women who have been affected by restructuring and the recession a big-picture overview of the UK economic situation, information on financial planning in tough times and career adaptation in the changing economy, and executive coaching on self-awareness and removing barriers to success.Read this News Release here (MS Word, 368kb).
News Release November 14th 2008 - CWN 30th anniversary Gala DinnerCherie Booth QC was the guest at a Gala Dinner in the Stationers’ Hall on November 13th.Read this News Release here (MS Word, 70kb).
News Release September 8th 2008 - CWN 30th anniversary eventsRead this News Release here (MS Word, 54kb).
General News Release - CWN 30th anniversary events 2008 -2009
City Women’s Network is celebrating its 30th year with a glittering programme of events in the City of London.
Cherie Booth QC will be the guest at a Gala Dinner in the Stationers’ Hall on November 13th. Other events include a Breakfast Forum in October with speakers including Janet Gaymer CBE QC, Commissioner for Public Appointments in England and Wales and The Lord Stevenson of Coddenham CBE.
Read this News Release here (MS Word, 65kb).
"30 years of City Women’s Network “
Women’s skills are vitally important for the future of the City and the British economy. That was the message from Angela Knight, Chief Executive of the British Bankers’ Association when she spoke to City Women's Network, at the launch of CWN’s 30th Anniversary programme at Merrill Lynch in May 2008.Read the Press Release about this prestigious event here
(PDF format, 285 kb).
 |
|
"A Challenge for Women's Networks"Janet Gaymer CBE, the Commissioner for Public Appointments and first patron of City Women's Network, spoke at the CWN Annual Dinner, April 2007.
Janet Gaymer appointed CWN’s first patron
It was announced at a special CWN event on
22 November 2006 that Janet Gaymer had been appointed the first patron of CWN.Download a copy of the Press Release here (PDF format, 34kb).
EuropeanPWN BoardWomen Monitor 2006
The 2006 survey of Women on Boards across Europe was covered in the Financial Times newspaper on 12 June 2006.
Download a copy of the Press Release here (PDF format, 88kb).