GAIL KELLY – DON'T MANDATE GENDER EQUALITY ON BOARDS

GAIL KELLY – DON'T MANDATE GENDER EQUALITY ON BOARDS

WESTPAC CEO Gail Kelly (pictured) is against mandating minimum numbers of women for company boards and believes that diversity and gender equality should be a ‘specific and targeted area of focus’ for organisations

Kelly made the comments at a QUT business leaders’ forum, saying that while she was a passionate advocate of driving diversity at work, it doesn’t necessarily translate to mandating.

“I think mandated positions can have unforeseen consequences and unintended and poor outcomes,” she says.

She cited the ASX’s ‘name and shame’ approach as ideal.

“A conscious focus, name and shame approach where boards are held to account to have to explain their performance and their track record, not only at board level, but actually at senior levels is the right way to go,” she says.

“The issue shouldn’t start and stop at boards though – change should occur throughout organisations.”

Thirty-six per cent of leadership positions at Westpac are currently held by women and Kelly says she won’t stop growing this number until it reaches 50 per cent.

“To create this change, recruitment models, discussion forums, training programs, measures and rewards need to be focused around gender equality,” she says.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Looking for a credit or charge card that’s built for your business? Try American Express
Partner Content
A good credit card should work for you, not against you, and let you and your business ...
American Express
Advertisement

Related Stories

Mandatory COVID isolation to end nationally mid-October

Mandatory COVID isolation to end nationally mid-October

National Cabinet has today determined that mandatory isolation peri...

Sunset on the horizon in 2023 for developer Sunland

Sunset on the horizon in 2023 for developer Sunland

A developer behind some of the Gold Coast's most iconic buildin...

Tritium teams up with JET Charge to create world’s longest EV highway in WA

Tritium teams up with JET Charge to create world’s longest EV highway in WA

Brisbane-based electric vehicle charger group Tritium DCFC (NASDAQ:...

Digital disruptor Explorate ventures into new waters amid global freight mayhem

Digital disruptor Explorate ventures into new waters amid global freight mayhem

After a heady two years of surging demand for its international log...