ECB widens scope of female recruitment targets

women-boardroom

The European Central Bank has extended its gender balance targets beyond senior management to ensure the proportion of women at different levels is above 40% by 2026.

Gender targets were first introduced by the ECB’s executive board in 2013. The aim was to increase the number of women in middle management to 35% in 2019 – a target which the ECB missed, reaching only 30%.

“We want gender balance to be the norm now rather than a revolution to fight later,” says ECB president Christine Lagarde.

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