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The European Central Bank (ECB) published the latest statistics on its progress in increasing the share of women in management positions. The ECB introduced gender targets in 2013 with the aim of raising the share of women in management positions to 35% by 2019. As of the end of 2017, 27% of management positions were

held by women compared with an interim target of 29%. For the most senior management roles the share was 17% against an interim target of 24%.

Because of this shortfall, the Executive Board of the ECB has decided to take additional measures to improve gender diversity. It also decided that, in addition to the existing targets, the ECB should have at least one woman in each of its business areas’ senior management teams and that at least one third of the wider management team in each business area should be female.

As part of the new measures, the ECB will adjust its recruitment procedures to attract more female candidates for its job openings. This means, for example, a stronger involvement of headhunters with a mandate to search in particular for women candidates and the need for recruiting managers to explain what was done to find suitable female candidates. If a given vacancy does not attract sufficient female candidates it could be stopped and relaunched. More women from across the ECB will also participate in recruitment panels to counter potential biases and ensure more gender-balanced decision-making. Furthermore, all managers will take part in training courses that focus on inclusiveness.