The financial sector in the UK is lagging behind some of its European peers in terms of appointing women to senior roles, according to data from the latest EY European Financial Services Boardroom Monitor.
EY’s tracking of appointments within the UK’s largest financial services companies revealed a decline of 28 percentage points in the appointment of female board directors year on year in 2023. Just 33 per cent of all appointments last year were female directors, a sharp drop from 61 per cent in 2022. European financial boardrooms as a whole also experienced a downward trend, but to a much lesser degree, at seven percentage points.
