Business Secretary Vince Cable is preparing to launch a campaign to increase the number of ethnic minorities at the top of British FTSE companies.
On the eve of launching the British Black Business awards in East London today Cable revealed he is in discussions with Lenny Henry and former Chair of the Equalities and Human Rights Commission, Trevor Phillips about starting a new business-led campaign.
Commenting, Liberal Democrat Business Secretary Vince Cable said:“Ethnic minorities are seriously under-represented with just one in sixteen senior management jobs occupied by ethnic minorities.
“Real progress has been made given that the number of women on FTSE 100 boards now stands at 22% and I now want to deliver the same message on ethnic minority representation.
“A campaign will emphasise that improving diversity is good for business, not just for political correctness”. Currently one in ten employed people are Black, Asian and Minority Ethnic (BAME) - yet only 1 in 16 of top management positions are held by BAME people
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