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Fri, 30 Aug, 2013 12:16:08 AM
FTimes News Desk, August 30
 
File picture of ECB logo. Photo - AFP / Lehtikuva.
The European Central Bank has planned to increase the number of women in its top ranks, news agency STT reported quoting AFP.
 
According to a statement issued on Thursday by the ECB, 35 per cent of middle management positions of the bank would be held by women by end of 2019.
 
The share of women in middle management positions at present was 17 per cent, while women held 14 per cent of senior management positions, the ECB said.
 
European Central Bank has been criticized for the low number of women in leadership positions.
 
The European parliament openly opposed the nomination of Luxembourg’s Yves Mersch to the executive board at the end of last year.
 
Only two women have ever sat on the ECB’s decision-making governing council.
 
One of them is the former governor of the Bank of Finland Sirkka Hämäläinen.
 
But the body, which currently has 23 members, is completely male at present.
 
It was for that reason, that the European parliament openly opposed the nomination of Luxembourg’s Yves Mersch to the executive board at the end of last year.
 
 
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