Chuka Umunna: Lack of women in Cameron's Cabinet is 'disgraceful' But gender diversity is not the only "minority" that should be addressed, he will say. There is woeful under representation on company boards in other respects which must be addressed. According to the latest research from Cranfield University, just 5.7pc of FTSE100 directors are drawn from an ethnic minority when the new census figures indicate that 14pc of the population is now drawn from a non-white background. How can we inspire young black and Asian people to reach for the top when they see so few people who look like them in our FTSE100 boardrooms? Mr Umunna will call for faster action to achieve the goals set out in the Lord Davies women-on-boards review, which called for FTSE 100 firms to increase female board representation to 25pc by 2015. In fact even if the goal of 25pc is met, 25pc is a modest aspiration and we should all want companies to make more progress than this. So Government should keep this under continual review. It should certainly reserve the right to introduce more prescriptive measures to force faster and greater change if necessary later. Whether the aspirations set out in the Davies report have been reached will be clearer next year once the recommendations have had a full three years to bed in. At that point we will form a view on whether further measures are needed but let me be clear - if we are to continue with a business led approach, we expect to see much greater progress towards parity. In 2005, when David Cameron became leader of the Conservative party he promised to change the make-up of the political party to make it more diverse. Experts have argued he is in danger of backtracking on his coalition pledge to boost female diversity.