Italy third in EU, 5th in world for female company directors

(ANSA) - ROME, AUG 12 - Italy ranks third in the EU and fifth in the world for the proportion of female directors in company boards, MP Lella Golfo said Monday, the 13th anniversary of a law she co-authored in 2011 mandating a third of board seats at listed and public sector firms to be allotted to women.
    "The female presence on boards of listed and government-controlled companies has surpassed the law's expectations and is now over 43%, she said.
    The Golfo-Mosca law's one-third quota was subsequently raised to 40% by the 2020 budget law.
    photo: Lower House approves law (ANSA).