The Board of AIB Group (UK) p.l.c. (the “Company”) welcomes the report of Lord Davies of Abersoch, “Women on Boards”, in addition to the requirements from CRD IV to set a target for the under-represented gender on the Board.
The Company seeks, through its Equal Opportunities Policy, to encourage the recruitment, development and retention of talented women at all levels. Furthermore, the Board remains committed to inclusion in all its forms and believe that diversity enriches our work environment and provides social and economic benefits to all of our stakeholders.
The inclusion of women extends to the Board and remains an important consideration during searches for new Board members. The Company embraces the proposition that more women on boards would be advantageous to companies as well as to society at large. We remain duty bound to recruit and invest in the best available talent and are committed to having an increasing representation of women throughout the Company. Therefore 25% representation of women, as recommended by Lord Davies’ report, has been set as a practical target for our current Board membership. Our goal is to aim for an equal 50/50 split of gender representation in the future.