Speaking at the Central Bank of Malta's 50th anniversary conference, CBI Deputy Governor Sharon Donnery linked problems with financial firms to a lack of diversity at senior levels. She cited research which suggests a connection between greater diversity and improved governance, decision-making, and productivity. Deputy Governor Donnery added that the CBI hopes that firms will take the lead in improving leadership diversity. Failing that, however, the CBI will consider specific diversity requirements at senior levels in regulated firms.