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European central banking: No women, no trust

In spite of many pledges to bring more diversity to the ranks, it is a man’s world at the top of European finance

When Daniele Nouy, one of the rare women at the top of European central banking, retires at the end of the year, she will be succeeded by a man
When Daniele Nouy, one of the rare women at the top of European central banking, retires at the end of the year, she will be succeeded by a man Photo: Getty Images

Sharon Donnery, the deputy governor of the Central Bank of Ireland, did not mince words in a speech she gave last May at a conference in Malta. To address the lack of women in their ranks, central banks should “consciously and determinedly implement change” to bring about more gender diversity, she said.

And diversity, she insisted, “needs to start from the top”.

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