September 19, 2017
Worldwide, women hold less than 20 percent of board seats of banks and banking supervision agencies. More women on bank boards may have a positive effect on bank stability (photo: istocksdaily/iStock by Getty Images)
The “glass ceiling” in finance has barely cracked. Compared to the available talent pool, there is still a large gap between the representation of men and women in leadership positions in banks and bank supervision agencies worldwide.
A recent IMF staff paper provides a comprehensive dataset on banking sector characteristics and performance, as well as on the share of women on the boards of directors and banking supervision agency boards, covering 72 countries over 13 years. […]