Financial sector among gender diversity leaders, but gender gap remains 'substantial'

Women still under-represented on boards

Anna Fedorova
clock • 3 min read

A report by Refinitiv has found that the financial sector is in the top five economic sectors by female employment, although traditionally male-dominated industries still suffer from "severe under-representation" of female employees.

According to the report, two of the top five sectors for female representation are banking and investment services and insurance, where female employees make up 49.4% and 54.5% of the workforce, respectively. The other three sectors are drug and food retailing (56.4%), retailers (55.9%) and healthcare services and equipment (51.5%). However, the latter has seen a decrease in female managers in the last five years.  Overall, the report has shown that the percentage of women on boards has grown from 12.2% in 2013 to 18.1% in the 2017 financial year. At executive level, there has only...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot