Currently only 19.7% women globally hold a board seat. This number has only increased by 2.8% since 2018.
This underrepresentation of women and the slow progress are a key focus area for many institutions worldwide. The European Union has agreed this year (2022) that companies will face mandatory quotas to ensure women have at a minimum 40% of seats on corporate boards.
Based on the ‘Deloitte Global Boardroom Program’s Women in the Boardroom’ report (7th edition was published in 2022 in cooperation with The 30% Club), near boardroom parity could be reached in 2045. But what is needed to accelerate this pace of change?
In this session, an expert panel will tackle these pressing questions:
What needs to change in the commitment to boardroom diversity?
Why is the progress so slow?
What are the regional differences and how are mandatory laws helping progress diversity?
How are industries differing in their female board representation?
What are beneficial factors in companies that help women transition to board members?
What are learnings from female board chairs?
What can women in leadership positions do and what needs to be done among the decision-makers?
The expert panel includes:
Fiona Hathorn, CEO Women on Boards
Fiona is the CEO of Women on Boards UK alongside advising a number of different boards and organisations. Currently she is an Advisory Panel Member for the FRC, an Advisory Board Member to Spktral, advisor to Peel Hunt and Chair of Hanx’s Nominations Committee. She is an expert in the areas of Governance, Regulation and Talent Management who has sat on both marketing and audit & finance committees. Fiona is also a Patron of Fight for Sight. She has advised the board of the Thai Euro Fund and is a Judge for the Non-Executive Director Awards, sponsored by The Sunday Times. In 2020 Fiona joined King’s College London’s ‘Global Institute for Women’s Leadership’ Advisory Board.
Lorraine Waters, Chief Data Officer, Solidatus
Lorraine is a former Managing Director and Chief Data Officer for Global Compliance at HSBC, and she is now a consultant on all things Data to the private and charity sectors, as well as a volunteer at The Hygiene Bank, Bromley. Prior to setting up her own consultancy company, Lorraine has had an illustrious 30 year career in Financial Services covering Data, IT, Transformation and Operations. She has been a lifelong champion of diversity and inclusion.