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Women remain underrepresented in corporate decision-making positions.
Facts and Key Perspective
In the G20, women make up 17% of corporate boards and 12% of executive committees
♕ 5% of the CEOs are women in Africa. in the private sector in Africa are women, compared to 4% globally. This indicates that achieving gender equality is still an issue, according to Lohini Moodley, partner at McKinsey.
♕ 23% of EU28 board members are women. Related to Europe. Slow progress since 2007. Despite progress toward gender diversity, most European countries still have a long way to go to reach parity.
❛ In terms of gender diversity, one of the key findings is that we [Africa] are doing well compared to the rest of the world and we have made progress but we are not making the most of the opportunity ❜ explained Moodley. Organisations with a greater share of women on their boards tend to have higher operating margins, return on equity, and total return to shareholders.
Women’s representation on the boards of African companies by region.
Source McKinsey
Curator @munllonch
Pic by Prince Akachi
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