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Executive search firms were today urged by Business Secretary Vince Cable to publish the numbers of men and women placed in senior positions in order to increase transparency and tackle gender imbalance in UK companies.
Speaking at an event at the London Stock Exchange, Mr Cable also called on the CEOs of FTSE 350 companies to ensure a healthy pipeline of female executives over the long term.
He addressed recruiters directly to help the cause. “Headhunters have a crucial role to play in making sure there is a diverse pool of talent for business to choose from. So we are urging them to fish in a bigger pond, to identify new talent and to shine a spotlight on the selection and appointments,” Mr Cable said.
“Eight executive search firms have today agreed to publish the data they collect on the percentages of men and women longlisted, shortlisted and appointed to executive positions. This will allow businesses to work with search firms that promote and are transparent about this agenda.”
The executive search firms which have so far committed to publish these figures include Board Mentoring, Investigo, Korn/Ferry Whitehead Mann, Lygon Group, Miles Partnership, Sapphire Partners, Sciteb and Veredus.