Acevo laments the failure of business to hire from sector

Not one charity chief executive listed on the one-year-old register designed to broaden the range of non-executive directors in companies has been invited to join a corporate board.

The list of Acevo members was made available following the Government-backed Tyson report, which argued for wider, more transparent recruitment of company directors.

More than 200 Acevo members have expressed an interest in becoming a non-executive director of a company, but "practically none" have been asked to join one, according to the chief executives' umbrella group.

Acevo chief executive Stephen Bubb lamented the lack of interest. "One year on, little has happened. There is not much evidence that new appointments are being made from non-traditional sources of talent. Despite having made a list of my members available to the top head-hunters, the response has been a deafening silence," he said.

Acevo says it plans to confront the Government about the issue. "The commercial sector is losing out by not drawing on the expertise of chief executives from the sector to strengthen its corporate governance."

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