Companies, such as those using serviced offices in Cardiff, should try to have a range of people on its board and not just focus on gender diversity, it has been noted.
Alistair Tebbit, spokesman for the Institute of Directors, said diversity at the executive level of a firm should not be confined to a consideration of how many women are involved, but must also reflect ethnicity and experience.
"We want to see more women involved on boards – there are no two ways about that – but not to the exclusion of greater diversity across the whole breadth," Mr Tebbitt added.
He commented it would be surprising if a really good balance of board members could be achieved without the presence of women.
However, the inclusion of females will not necessarily occur in all instances, Mr Tebbitt claimed.
According to the European Professional Women’s Network's Fourth Bi-annual EuropeanPWN BoardWomen Monitor 2010, produced in partnership with Russell Reynolds Associates, there are now proportionally 13.6 per cent more women being promoted onto the boards of top UK businesses in 2010, compared to 11.5 per cent in 2008.
