Singapore and Asia-Pacific first globally for number of female CEOs as more women make it to the top jobs, Credit Suisse finds
- Singapore was joint first worldwide with Italy for having the highest proportion of female CEOs, at 15 per cent
- In Asia, the proportion of female board members rose from 11.6 per cent in 2015 to 14.4 per cent this year, according to a report by the Swiss investment bank
Singapore has been ranked joint first globally for the highest number of female chief executive officers in a study carried out by Credit Suisse.
The city state exemplified a wider trend in Asia, as more and more women found their way into the very top jobs, the survey found. Asia-Pacific was the region with the highest percentage of female CEOs.
China, however, stood out as much less progressive in this regard, with female representation in the boardroom a long way below the global average.
Over the past decade the number of women in boardrooms worldwide has doubled to reach 20.6 per cent. Since 2016 alone, the percentage of females at the directors’ table has climbed from 15.3 per cent.
In Asia, the proportion of female board members rose from 11.6 per cent in 2015 to 14.4 per cent this year, according to a report released on Monday by the Swiss investment bank.