As various studies have shown, teams that are diverse are more productive and more innovative. Even without any specific programme to promote diversity, people of different nationalities working together has been commonplace at our Group for many years. In 2019, 23 per cent of our employees were Liechtenstein nationals, 37 per cent Swiss nationals and 27 per cent were Austrian nationals. All in all, people from 38 nations work at the LLB Group. We are committed to ensuring that our client base is reflected in our employee mix (see section “Major employer in the region”). This also applies to our traditional cross-border markets in Germany and the rest of Western Europe as well as to the growth markets of Central and Eastern Europe and the Middle East.
The proportion of women working for the LLB Group is relatively high at 42 per cent, though they are still under-represented in leadership positions. In July 2016, the first woman was appointed to the Group Executive Board (see chapter “Corporate governance”).
Women in management positions:
- Executive management: 5 men, 1 woman
- Senior management: 27 men, 1 woman
The Board of Directors of LLB, which is publicly listed, has been characterised by a relatively high proportion of women since 2014. With two out of the seven members women, they represent almost 30 per cent of the board members. 89 employees were assigned to the “Potential Pools”, from which, among other things, future managers are recruited internally; of these, 28 (around 31 %) were female.