Insurance giant Aviva
has become the first FTSE 100 company to commit to ensuring women make up at least 30% of its executive committee.
The global firm has signalled its support for gender diversity by signing up to a new target set by The 30 Per Cent Club, a campaigning group dedicated to increasing female representation in the in the highest echelons of British business. Its original aim was to reach 30% representation on FTSE 100 company boards, and with that figure having reached 26% the group, made up of company chairs and CEOs, has now it has turned its attention to executive committee level.
With four women among its 11-strong senior exec team, Aviva
already surpasses the target and group CEO Mark Wilson has pledged to ensure that situation doesn’t change. He said: “If we are to sharpen our competitive edge, innovate and create the products our diverse range of customers want, then we must attract and keep a diverse range of talented people and make sure our workforce better reflects the society it serves. So it’s just good business sense to have strong capable women leaders throughout Aviva
, not least on the group executive, where we have already hit the 30% goal.”
Brenda Trenowden, global chair of the 30 Per Cent Club, said: “Aviva
is a long standing and active member of our investor group which focuses on tackling gender balance through constructive engagement with corporate boards. Mark’s commitment to his own executive target is a clear sign that insightful leadership can help build the pipeline and make a real difference to gender balance within an organisation.”
plc chairman, Sir Adrian Montague, has recently joined the 30 Per Cent Club, underlining his own aspiration to reach the 30% goal at board level.