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Marcus Agius, Barclays Group Chairman, and Deanna Oppenheimer, Vice-Chair, Global Retail Banking, CEO Western Europe and CEO UK Retail Banking, addressed an event at Barclays global headquarters yesterday, to promote the launch of the Female FTSE Report 2010.

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We are working hard to increase the number of women in leadership roles and continue to make progress
Marcus Agius, Barclays Group Chairman

Marcus Agius, Barclays Group Chairman, and Deanna Oppenheimer, Vice-Chair, Global Retail Banking, CEO Western Europe and CEO UK Retail Banking, addressed an event at Barclays global headquarters in London yesterday, to promote the launch of the Female FTSE Report 2010.

The report, which can be accessed using the 'Publications' link on the right, has been published annually by the UK's Cranfield School of Management for the past 12 years, with Barclays sponsoring the publication for the next three years.

It contains research highlighting FTSE 100 companies which are performing well on gender diversity and those not making significant progress.

Barclays is ranked in 36th position in the 2010 report, significantly up from 2009.

Speaking at the event, Marcus said: "A number of our major businesses are run by women and currently almost 60 per cent of Barclays employees work for female senior executives.

"We are working hard to increase the number of women in leadership roles and continue to make progress."

Deanna outlined Barclays commitment to the diversity agenda by highlighting some of the initiatives underway: "We have identified a number of key metrics to assess our progress and are monitoring ourselves regularly - this is also embedded in our performance scorecards so that this is integrated into our business strategy."

She added: "We are refreshing our women's networks across the businesses to remind our female colleagues to take advantage of the support that is available."

Dr Ruth Sealy, Cranfield School of Management, is a co-author of the report and said: "There is still too much female talent not making it to the boardroom.

"Eighty-two of the FTSE 100 companies have women on their executive committees. These women are a rich resource pool for future board directorships.

"This pipeline of women continues to grow each year - there are now 2,551 women on the corporate boards and executive committees of all FTSE listed companies."

Lynne Featherstone, Minister for Equalities, added: "Making boards more diverse is not about political correctness - it's about making sure companies draw senior staff from the widest possible pool of talent, which is good for business, good for staff and good for customers.

"That's why the Government is committed to working with employers to boost the number of women in Britain's boardrooms."

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