ANZ Bank’s openly gay chairman, Paul O’Sullivan, warns that a proposal for company directors to disclose their sexuality risks creating an expectation for business leaders to publicly reveal personal information they may prefer to keep private.
The latest update to corporate governance principles by the ASX Corporate Governance Council proposes to expand reporting on diversity beyond gender to matters including sexuality, age, ethnicity and skills, following similar moves in Britain and on the Nasdaq in the US.
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Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
