More men than women joined boards of Europe’s top financial service firms last year

Firms risk falling short of EU’s plans to impose mandatory quotas for women in corporate boardrooms

More men than women were appointed to the boards of large financial services firms in Europe last year, even as nearly a third of companies risked falling short of the EU’s upcoming plans to impose mandatory quotas for women on corporate boards.

A survey from the consultancy firm EY published on Monday reveals that 44% of non-executive appointments in 2023 were women, down from 51% a year earlier.