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Dublin: 17 °C Wednesday 24 July, 2019

One in three directors in Ireland is female – report

New research indicates that Ireland is now within seven per cent of the target recommended by the European Union for 2020.

Image: Kzenon via Shutterstock

ONE IN THREE directors in Ireland is now female, according to new research based on CRO (Companies Registration Office) figures.

The Irish Directors report indicates that Ireland is now within seven per cent of the target recommended by the European Union for 2020.

The report, which was commissioned by Eulogy! PR, also suggested that a further one in 13 Irish female directors has moved to the United Kingdom in order to develop her career, with 14 per cent of those aged between 18 and 35.

The leading industry in terms of female director representation is business services, according to the report, with 68,570 women in director positions (41 per cent). Other leading industry areas include social work, with 10,840 female directors  (6.4 per cent); construction with 9,232 (5.5), real estate with 8,391 (5.1 per cent), and retail with 6,646 (3.9 per cent).

The report indicates a 20 per cent increase in the overall numbers of directors in Ireland since 2010, with 510,000 people now holding such positions. Of these, 10 per cent are aged between 18 and 35.

The number of Irish directors working in the UK has increased by 14 per cent since 2011, now standing at 47,482 – more than twice that of any other non-British nationality. Adrian Brady, chief executive of Eulogy!, said the report’s highlighting of the year-on-year increase of Irish directors working in the UK was “a testimony to the strong trade relationship that exists between the UK and Ireland”.

“More encouraging still is the surge in young directors under 35 years if age, which illustrates the entrepreneurial and inventive reputation of the Irish”,” he added.

Read: Gender diversity on boards improving, say women directors

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