Only 15% of women in Indian boardrooms — new study says it’s the third lowest in Asia Pacific

TOI, BCCL, MUMBAI

  • According to a report published by the Credit Suisse Research Institute (CSRI), titled 'The CS Gender 3000 in 2019: The changing face of companies,' female representation in boardrooms, is as low as 15.2%.
  • The global average of female representation in senior management stood at 20.6%.
  • Gloabally, India ranks 23rd among the 56 countries in terms of women representation at senior levels — and has grown by 4.3 percentage points in the last five years.
There are few female directors on board Indian companies. As per a Credit Suisse report, women in boardrooms is at a mere 15.2% — the third lowest in the APAC region.

The reported titled CS Gender 3000 in 2019 says that global average is at 20.6%.

Globally, India ranks 23 among the 56 countries in terms of women representation at senior levels — and has grown by 4.3 percentage points in the last five years, Mint reported.

The top three countries with the high women headcount are France, Norway and Belgium at 44.4%, 40.9% and 35.9% respectively. Japan came in the second lowest at 5.7%.

"India saw a slight improvement in female representation in senior management of 1.6 percentage points over the past three years, rising from 6.9% in 2016 to 8.5% in 2019, based on the matched dataset. However, the country holds the third-lowest spot in APAC, ahead of South Korea (4%) and Japan (3%)," the report noted.

In India, women participation in management roles has jumped to 17.6% from 13.8% in 2016 but India has merely 2% women CEOs — also the third lowest in Asia-Pacific.

The report surveyed more than 30,000 executives from over 3,000 companies across 56 countries — including APAC region.

See also:
A whopping 40% of India's women engineers don't have jobs because of 'rampant' sexism at workplace

Gig economy added 40,000 new women workers, but at low wages

TCS is running on women power, with over 150,000 permanent employees
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