All-male boards could be a thing of the past by the end of the year at Britain’s 350 biggest companies

All-male boards could be a thing of the past by the end of the year at Britain's 350 biggest companies

Mark Jenner, Company Secretary for Daejan Holdings said: “We have not appointed any executive directors for more than 30 years. We haven’t needed to.  

“We appointed three representatives of the controlling family as non executive directors for succession purposes.  

“We appointed two independent non executive directors as required by the Listing rules, they happen to be male.  

“We don’t have any current plans to appoint any more directors for the time being as there are no vacancies but we keep the situation under review.”

TR Property Investment Trust has only operated without a woman on its board for eight days, after Susie Proctor stepped down from her non-executive role last week.

Hugh Seaborn, the company’s chairman said: “This is very much a temporary state.

“We have five board members and have had at least one woman as part of our leadership group for the last 17 years.

“We are in the process of recruiting for the vacant position and have every chance of finding a high calibre female. I believe that diversity is is fundamental for the balance and mix of a board.”

A spokesman for the Government’s Business, Energy and Industrial Strategy department said: “Diversity is good for businesses and for the communities they serve.  

“Thanks to a combined push from government and industry, in under a decade the number of all-male boards in the FTSE 350 has dropped from 152 to just three.

“We still need greater diversity at the top and want to see women holding a third of senior positions in FTSE 350 companies by 2020.”

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