The Most Aggressive Public Move to Date …

The Most Aggressive Public Move to Date …

Today (April 17 2018) the Financial Times has reported that Legal & General Investment Management (LGIM), one of the largest investors in the UK, has stepped up its efforts to improve gender balance on corporate boards. Read the full article here. It has announced it will vote against chairs of any FTSE-350 company at annual meetings if the board is not at least made up of 25 percent females. LGIM manages £1tn of assets, and its announcement is likely to further sharpen the minds of Senior Business Leaders on the important need to tackle under-representation of women in senior roles. According to the Financial Times, the approach by LGIM to vote against all-male boards has already begun in the US. (more…)...
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