4 charts on gender equity this International Women’s day
- Gender diversity in financial services has made major progress, however women lag far behind when it comes to representation in leadership.
- Here are four charts that explore the current state of women in leadership across financial institutions and fintechs.
This International Women’s Day Tearsheet takes a look at where the industry stands when it comes to women in leadership in financial services.
Over the past two decades, the financial services industry has made slow but steady gains in advancing the path towards gender equity and inclusion in the workplace. As more companies have realized the significance of gender diversity in increasing workplace productivity, they have made conscious efforts to attract and retain female talent over time.
In addition to efficiency benefits, customers, investors and governmental bodies alike have added pressure on firms to demonstrate greater commitments towards diversity, inclusion and equity.
Growth in leadership over time
Women make up more than 50 percent of the workforce in the financial services industry in the U.S but they embody just under 22 percent of leadership roles. Based on historical data, growth projections indicate that the rate of women in leadership could reach up to 31 percent by 2030.
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