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The Parker Review: A Report into the Ethnic Diversity of UK Boards

“Essential to the effective functioning of any Board is dialogue which is both constructive
and challenging…
One of the ways in which constructive debate can be encouraged is through having sufficient diversity on the Board. This includes, but is not limited to, gender and race. Diverse Board composition in these respects is not on its own a guarantee.
Diversity is as much about differences of approach and experience, and it is very important in ensuring effective engagement with key stakeholders and in order to deliver the business strategy.”
The Financial Reporting Council (April 2016)