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Sir Philip and Dame Helen have already begun taking action by engaging with executive search firms, business leaders, academics and other key parties on how best to improve the female pipeline within the 350.

This isn’t just important for women - it’s critical for our economy - that’s why I want to see greater representation from the classroom to the boardroom.

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Philip Hampton and Helen Alexander will examine how to improve the representation of women in the executive layer and champion continued increases in the representation of women on boards across the 350 boards by 2020, a constant turnover is required and an appointment rate of 1 in 3 board positions going to women.

Recently turnover rates have decreased, with fewer people leaving and joining companies, and the percentage of new appointments going to women over the past 6 months dropping below the 1 in 3 required to meet the 33% target.

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