Gender Balance Index 2024
The 11th edition of OMFIF’s Gender Balance Index lays bare the story of missed opportunities amid some progress. While there are more women in senior positions across central banks and top financial institutions this year, only 14% of the 63 institutions with new governors or CEOs in the index appointed women. At this rate of change, the prospect of gender parity in leadership remains a long way away.
The GBI tracks the presence of women and men in senior positions at financial institutions – with an expanded dataset this year. OMFIF now covers 6,540 individuals across 335 institutions, including 185 central banks, 50 pension funds, 50 sovereign funds and 50 commercial banks. The proportion of female leaders in the 335 institutions in the GBI increased to 16% this year – its highest ever share, from 14% in 2023. Most of the progress was found in central banks where the number of female governors increased to 29 from 23 in 2023. This is the biggest annual jump since the inception of the index.
Enter your details on the right to download your complimentary copy of the report.
Key findings:
- There are more women in senior positions across central banks and top financial institutions this year.
- Only 14% of the 63 institutions with new governors or chief executive officers in the past year appointed women
- The share of women leading central banks is the highest it has been since the inception of GBI, at 16%.
- 28% of CEOs of pension funds in our sample are women, which is the highest across institutions.
- Commercial banks are backsliding on gender balance. Out of nine banks with new CEOs, none appointed women. the share of women across C-suite positions also fell to 15% from 18%.
- The regional GBI score for sovereign funds in Europe is 4 times higher than for the rest of the world.
- The share of women in senior tech roles in our index is 31%, the same as the share of women across all senior roles.
Partner
