Hr News
Trending

Getting more inclusive: Women now hold 17% board positions in India Inc

Source | economictimes.indiatimes.com | Saumya Bhattacharya | ET Bureau

NEW DELHI: India Inc boardrooms are gradually getting more inclusive. Between 2012 and 2020, India has seen an 8.6% increase in the number of women on boards, with women holding 17% of board positions in 2020, according to the Egon Zehnder Global Board Diversity Tracker 2020.

Globally, nearly 89% of all large company boards in the 2020 report include at least one woman. In India, that number is higher, with 96% of companies in the survey having at least one woman on their boards. This is largely because India requires public companies to have at least one woman director on board.

India fared better than Asia in diversity of both executive and non-executive chair roles, with 5% of executive chair roles and 10% of non-executive chair roles respectively filled by women in India. Those numbers stand at 2.6% and 5%, respectively, in Asia as a whole.

“There is progress in gender diversity on the boards, but the job is still not done,” said Pallavi Kathuria, managing partner at Egon Zehnder. “The ideal percentage of women on board India should aim for will at least be 25%. Also, the narrative needs to shift from counting the numbers to making the numbers count.”

Click here to read the full article

Source
economictimes.indiatimes.com
Show More

Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button