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Few women in the boardroom worldwide

26-7-2017

In its review of more than 60 countries promoting boardroom gender diversity, the ‘Women in the boardroom: A global perspective’ fifth report by Deloitte Global, found that women still lack sufficient representation despite continuous efforts to endorse gender diversity in these spaces. The report published in Al Hayat newspaper today has shown that only 15% of board seats are filled by women globally, noting a slight progress from the findings of 2015 edition of the report. The talent and communications partner at Deloitte Middle East, Rana Ghandour Salhab, said that companies with female chairs have double the number of women in senior executive posts, and that boards of directors with a marked female representation have increased chances of appointing a woman as president or CEO, Al Hayat wrote. This demonstrates that as the number of women board chairs rises, there is likely a greater gender board diversity, Salhab maintained, pointing that the percentage of women in top leadership positions remains low, with only 4% represented in CEO and board chair positions around the world. In conclusion, the report indicated that Middle Eastern states do not generally observe the quota system for women on boards, yet, some countries in the region are beginning to witness strategies promoting higher female participation in the boards. Despite said attempts, the report said, representation rates are still modest, with women barely occupying 2% of board positions in the GCC states, for example. For full report: http://bit.ly/2sfqhAc . (Al Hayat, July 26, 2017)

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