Digital recruitment company Nurole has made its first FTSE appointment. It helped The Merchants Trust select Sybella Stanley, director at publisher Reed Elsevier, and political journalist Mary Ann Sieghart, as non-executive directors, making its board 40% female.
Nurole was set up this year by headhunter Susie Cummings and is shaking up the way that company boards select directors. Nurole registrants fill out an online form expressing their areas of interest. When a suitable board position is posted, they receive a “match”. Although Nurole is an invitation-only network, jobs will be advertised to everyone on it with the skills and interests that match them. Younger executives looking to find their first part-time boardroom post need only a recommendation from an existing member to be added to the flow of information.
The idea behind Nurole is to go beyond the headhunter’s usual lists, and the database already contains about 1,000 directors who have been part of a trial. Nurole’s potentially game-changing idea hopes to enable greater diversity in the boardroom selection process – not just with gender but also functional and geographic diversity as well.