UK: gender equality on listed company boards - the Davies review launched

The Davies Review was launched last Friday by the Government. The purpose of the review, being led by Lord Davies of Abersoch, is to make recommendations for promoting gender equality on listed company boards. For further information see here. The review's terms of reference are:

To consider options for promoting gender equality on the Boards of listed companies. In doing so to consider the obstacles to women becoming directors of listed company boards including looking at existing research about women on listed company boards and recent developments in international practice and to make proposals on what action should be taken to improve the position. It should involve interested parties including Board members, executive search firms, investors and other interested parties in considering proposals for change. The business strategy will be presented jointly to the Secretary of State for Business, Innovation and Skills and the Minister for Women and Equalities. The business strategy should deliver a set of recommendations with supporting material outlining the thinking behind the recommendations and the views of key interested parties. The final recommendations should be provided by December 2010".