Italian financial services group Mediobanca said on Wednesday it aimed to have women in at least 40% of its senior management roles in 10 years as it steps up its efforts on governance issues.

Under a plan dubbed to DEI the bank seeks to achieve sustainable growth based on sensitivity to environmental, social and governance factors (ESG), it said in a statement.

Mediobanca targeted a share of 35% of all management positions to be filled by women in 10 years and a rebalancing of gender representation in all operating processes, from HR management to recruiting, to career advancement.

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Over the next five years Mediobanca aims to have more than 30% of senior management roles and more than 20% of management positions held by women.

At the end of March, the bank said a stock of 23 billion euros ($24.30 billion) in lending was represented by ESG or green loans. ($1 = 0.9465 euros)

Reporting by Gianluca Semeraro; editing by Keith Weir

Source: Reuters