A really pertinent article by Harriet Agnew and Patrick Jenkins looking at women in the City and the continuing struggle for a better gender balance among senior positions.
The article throws up some interesting questions around quotas - a contentious subject. But isn't the real problem retaining those women that begin their careers in the City? Junior roles seem to be divided more equally between the sexes, but female representation dwindles significantly higher up the ladder.
Hopefully new rules relating to flexible working and shared parental leave will go some way to resolve this issue. Until then, quotas may be the most effective method to give the City the push it so badly needs towards a more equal representation of the sexes.
Of course, quotas and targets need substantial groundwork to underpin them. There is an increasing realisation that more should be done to enlarge the “pipeline” of women coming through. The 30% Club, which initially set out to get more women on company boards, is now also focusing on younger executives in an effort to stop talented candidates dropping out. In September it launched a cross-industry mentoring scheme, targeting women in the “danger zone” aged between 28 and 38.