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PwC join club to help women take board roles

by Rachael Singh

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24 Oct 2011

Ian Powell

PWC IS the latest Big Four firm to sign up to voluntary committment which will help women take-up board roles.

The 30% Club is a group of oganisations including the Big Four, HSBC, GlaxoSmithKline, RBS and Aviva that hopes to encourage more women into board roles.

Ian Powell, (pictured) PwC chairman and senior partner, said: "Increasing board diversity is essential: having a better gender balance positively influences our culture and our decision making processes. With an almost even number of women and men entering our training schemes, it is important that this balance continues to be reflected at all management levels.

"Our diversity - and increasing diversity at all levels of our organisation - gives us a competitive edge. It helps us think differently, innovate and spot new opportunities which will help us deliver against our growth targets and overall business strategy. Signing up to the 30% Club is not about ticking a box - it is critical to the firm's success."

The government commissioned Lord Davies report recommended that at least 25% of the population of boards should be occupied by women in the FTSE companies through encouragement not compulsory quotas by 2015.

Powell is the 30th chairman to sign up for the 30% Club.

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