As a part of its’ global study of The DNA of CEOs, IRC Global Executive Search Partners (IRC) has surveyed and interviewed CEOs from 40 plus countries about the state of Women CEOs in their countries. The study breaks many myths and reveals some very interesting facts.
There are more Women CEOs in Asia Pacific than in the USA or Europe when calculated as a percentage of Total CEOs in these countries. While in Asia and Australia, 11.8% of CEOs are women; in Europe and Americas, this percentage is only 7.8%.
India’s percentage of Women CEOs at about 12.9% is better than the Average for APAC & Australia, however, the champions of Women Leadership of Business are countries like Singapore, Vietnam and Philippines, where over a quarter of all CEOs are women.
The Global Average of Women as CEOs is below 10%. In the West, while Sweden leads with 15% CEOs being women, the figures for UK, Italy, France, Spain etc. hovers around 9%. Germany and Austria are at the bottom of the pack with only 4% of CEOs being women.
Almost 30% of the Women CEOs are leading the Services Business, closely followed by 23% in the Retail sector. Banking and Financial Sectors attract 17% Women CEOs while Healthcare has 13% women leaders.
But Why So Few Women CEOs?
The Study conducted during the past four months and spearheaded by Gurdeep S. Hora, Managing Director of IRC India – Synergy Consultants, covered CEOs from 40+ countries; one-third of the respondents being Women CEOs.
Note: The Study of CEOs covered the countries where a significant number of women are active in organized professions and business. Countries where these numbers are very small have not been considered.
The Study was conducted by Gurdeep S. Hora, Managing Director of IRC India – Synergy Consultants, over a period of last 3 months. He can be approached for further insights and details that you may need.
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Globally and within Malaysia, there is a growing awareness of the need to increase the percentage of women on corporate boards. The Malaysian government also announced a target for 30% women representation on public-listed corporate boards. So, where do we presently stand? The World Bank Research group shows that as of December 2018, Malaysia has 15.7% female board representation across all public-listed companies.
Mr Prashant Tandon is the founder and CEO of 1mg, India's largest digital health platform. As a visionary healthcare entrepreneur, Tandon has been listed as one of India's top 40 most influential people under 40 years of age (Economic Times: 40 under 40).