Lord Davies describes lack of female representation on companies boards as disappointingTwo companies heading towards flotations in London worth billions of pounds face pressure over a lack of female representation on their boards following criticism from the peer behind a drive to improve the gender balance in boardrooms. Lord Davies,who oversaw the coalition government’s initiative to increase the participation of women on boards, said investors should “grasp into account” the all-male boards of insurer Hastings and payment processing company Worldpay before deciding whether to back the floats.
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Source: theguardian.com