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Women in banks

June 22, 2011

The European Commission wants to impose mandatory gender quotas for board members in banking sector. According to the latest proposal from the Internal Market Directorate a third of the members of boards of directors in European banks should be women. The proposal should help preventing group cohesiveness often blamed for causing banking crisis that took place three years ago.

The proposed directive sets no transitional period and would create a major shift in the way the banking sector is managed and perceived. If the directive passes the parliamentary procedures, it would mark another significant milestone for females trying to break the glass ceiling.

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From → Hic Salta

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