[HIGHLIGHTS] ECB, 'the top of the banking industry is still a world of men'

Of the 361 appointments of CEOs made between 2020 and 2022 in banks directly supervised by the ECB and their subsidiaries, more than 300 were men. In the same period "only 36% of the members of the newly appointed boards were women", according to FrankElderson and Elizabeth McCaul.

The issue, they explain, is that boards that focus on diversity "make better business decisions" "Gender-balanced management encourages a wider range of views, opinions, experiences, perceptions, values and backgrounds," they say.