Sole Female Reserve Bank Board Member Objects to Quotas
Jillian Broadbent fears quotas could be counterproductive
- Jillian Broadbent, the only woman on the Reserve Bank of Australia’s board, objects strongly to recent talk of gender quotas to raise the small and dwindling number of women in leading positions at Australian companies.
- “In the end I think there has to be a business case and I think the business case is the way,” Broadbent said in a speech, adding, “I’m still an optimist hoping the process will evolve.”
- Quotas might result in “very offensive” criticism of top-level women, with those critics saying the women were advanced only because of their gender, Broadbent said.
- Male-dominated companies instead must learn to recognize the value of diversity, the Coca Cola Amatil and SBS director said, noting that boards made up of “clones” make little business sense.
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