Connecting listed boards with ethnic minority talent
The Fellowship will enable talented individuals from entrepreneurial businesses, private, small cap, AIM and from the public and third sectors, to gain experience on FTSE 250 boards. It has been designed to connect boards of FTSE 250 companies with ethnically diverse talent from outside the FTSE 350.
Why is the fellowship needed
The Parker-Tyler Review was set up in 2017 to consider how to improve the ethnic diversity of UK boards to better reflect their employee base and the communities they serve.
By the end of 2021 almost all of the FTSE 100 companies had a board member from an ethnically diverse background, but much work remains to progress ethnic minority representation in the FTSE 250 and beyond.
How it works
Under the Programme, which Warren Partners is committed to as a pro bono initiative, FTSE 250 Boards can engage a Fellow unpaid for 12 months, benefitting from their experience and the diversity they bring as an active contributor to the Board and relevant Committees - with a voice but no vote.
Equally, the Fellow benefits from mentoring from Board members and gaining invaluable FTSE 250 Board experience. And after the Fellowship ends, the Fellow could be appointed to the Board, if a position is available. Or use the programme - and experience and connections gained - to land another listed board role.
Finding out more
Warren Partners is proud to be playing their part, with Change the Race Ratio the CBI and KPMG, in shifting the dial on ethnic and racial diversity on boards.
To learn more about the Board Fellowship Programme, as a first step watch our recent webinar with a fantastic panel who are supporting the programme; Bina Mehta, Chair KPMG UK and Campaign Ambassador, Change the Race Ratio; Lord Karan Bilimoria CBE DL, ex-CBI President and Campaign Chair Change the Race Ratio; Moni Mannings, experienced FTSE Independent Non-Executive Director and Wol Kolade, Managing Partner, private equity firm Livingbridge.
Want to get involved
If you’re connected to a FTSE250 Board which would like to get involved or you can recommend a potential fellow to us who has the potential to be a NED on such a board, but doesn’t have the FTSE350 experience.Contact Warren Partners