Not One Of The CEOs Leading The FTSE 100 Financial Services Companies Have Tech Skills

Despite the centrality of technology, not one of the chief executives leading the FTSE 100‘s financial services companies has a background in technology, according to a recent analysis from specialist recruitment firm, Robert Half UK.

Out of the current financial services companies in the FTSE 100, there are no female CEOs (only five across all industries), and more than a third (35%) are Oxbridge educated (18% across all sectors).

This is in contrast to the rest of the FTSE 100 companies where the number of chief executives with a background in tech has rocketed by 27% in the last year. Taken as a whole across all industries, the percentage of chief executives with a financial background comes down from 100 % to 52 %.

Most common qualifications: Bachelor of Arts (B.A.) degree holders are leading more of the British’s top businesses than any other qualification, accounting for 28% of FTSE 100 CEOs. This was followed by M.B.A. graduates, who made up 25% of FTSE 100 CEOs. Only 5% of current FTSE 100 CEOs have a Ph.D., while just 8% hold an MA.

• Bachelor of Arts (B.A.): 28
• Master in Business Administration (M.B.A.): 25
• BSc Degree: 23
• MA Degree: 8
• Ph.D.: 5
• LL.B Degree: 5

CEO nationalities:

• United Kingdom: 61
• Rest of World: 14
• Europe: 19
• Dual/Triple Nationality: 6

Background:

• 52% in finance
• 17% in engineering/mining
• 15% in retail/hospitality
• 13% in marketing/ advertising

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