Cos talk up diversity but boards stay stubbornly male with needle barely moving in 6 yrs: Survey

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Key Points

Despite a drive by many companies in India to improve the representation of women in top management and boardrooms, numbers show gender parity is still elusive...

Data from Deloitte Global Boardroom Program's Women in the Boardroom report, shared exclusively with ET, show that only 5.1% of the CEOs in the 400 listed companies on the MSCI index analysed are women - with the needle hardly moving from 3.4% in 2018..

Data shows about 4.1% of board chairs are women compared with 4.5% in 2018...

Overall, board seats held by women - including independent directors and executive directors - are at 18.3% (13.8% in 2018), lower than the global average of women holding less than one-quarter of the board seats (23.3% in 2023), according to the report..

The 400 companies analysed have a total of 524 women directors.. . "There is a need for conscious effort from companies to build a strong pipeline of women in leadership roles," said Deloitte South Asia chairperson Shefali Goradia..