Diversity in the workforce, particularly gaps in women's presence and pay levels at the higher echelons of organisations, are subjects of growing importance around the world.
Tackling the gender agenda requires, among many other things, promoting female role models to inspire young women, enlarging the pool of talent from which organisations can benefit. Coinciding with International Women's Day on 8 March, this month's Bulletin is an all-female issue. OMFIF introduced this feature in March 2017 and we have expanded it this year with contributions ranging from leading women throughout our network.
This month's focus report presents the findings of our Global Public Investor Gender Balance Index. The results of this fourth annual report on diversity in central banks are discouraging, showing a worsening imbalance between men and women in key decision-making positions.
This reflects above all (because of the US economy's weighting) the departure of Janet Yellen as Federal Reserve chair, but the trend is visible nearly everywhere. Five out of seven regions show a lower score in 2018 than 2017. This year we have expanded our research to include sovereign funds and public pension funds, helping shape a broader picture. We launch the results on 7 March in Singapore and London.
The Bulletin brings together a diverse set of views on the future of finance. We host voices from central banks, development banks, academia, journalism, government and the private sector. Key contributors from this month include:
- Georgina Baker, regional vice-president, Latin America and the Caribbean, Europe and Central Asia at the International Finance Corporation.
- Jodie Keane, economic adviser in the Commonwealth Secretariat
- Vicky Pryce, board member at the Centre for Economics and Business Research
- Cecilia Skingsley, deputy governor of Sveriges Riksbank
Click here to read the press release.