Just five FTSE 100 companies have women bosses. What needs to change?
Women make up almost half the workforce and yet little more than 10% of FTSE 100 companies have females on the board.
What, if anything, should be changed?
Helena Morrissey, CEO of Newton Investment Management, tells BBC Radio 5 live: "Men and women can work together to change the culture, which would be good for business."
"I'm firmly anti-quotas," Morrissey tells Mickey Clark on Wake Up To Money. "They don't make any business sense, and I actually think they're anti-equality, ultimately."
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Wake Up To Money is broadcast Monday - Friday, 05:30 - 06:00 on BBC Radio 5 live.