The financial services industry is making slow progress in promoting women to executive positions, according to two new reports published on Monday.
Globally, women make up only one-fifth of boards and 16 per cent of executive committees in financial services, according to management consulting firm Oliver Wyman’s Women in Financial Services report. This is only a slight improvement in both categories on the 2014 figures.
Rebecca Emerson, UK head of Oliver Wyman, said: “There’s been slow progress in getting more women leaders in financial services. At the current rate it will take a further 30 years (by 2048) for executive committees to reach 30 per cent female representation.”
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