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Battle of the sexes: Bank of Thailand way ahead of Fed

Thai central bank named its first woman chief in 2006; 31 of its 60 top execs and over half of all staff are women

Published Tue, Nov 25, 2014 · 09:50 PM

Bangkok

JANET Yellen's appointment as Federal Reserve chair this year was hailed as another step toward gender equality. How about a central bank where women outnumber men?

This is the Bank of Thailand (BOT), which runs monetary policy in South-east Asia's second-largest economy and has 31 women among its 60 top executives. Thailand named its first female central bank governor in 2006 and its first female assistant governor back in 1966.

The secret of the bank's success in gender equality starts at the lowest l…