Property group won’t appoint women ‘just for the sake of it’

Britain’s sole large listed company with no women on its board said has that it is not inclined to appoint a female director “just for the sake of it”.

Daejan Holdings, a FTSE 250 property group, is the only remaining business among Britain’s 350 largest quoted companies to have resisted pressure from the government’s Hampton-Alexander review body to stamp out all-male boardrooms.

The company, which owns buildings worth £2.4bn, said that the Orthodox Jewish beliefs of its controlling family should be considered.

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