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Female representation in boardroom needs wholehearted buy-in from all

AT THE unveiling of the Singapore Board of Directors Survey 2019, Singapore Regulation (SGX RegCo) head of listings and compliance June Sim said "the industrial sector doesn't like women".

The comment drew laughter from the audience, most of whom were men. Perhaps the nervous laughter belies the sad truth behind Ms Sim's observation.

This year's survey again showed the glacial pace of gender diversification.

While the percentage of respondent firms which reported having no female directors fell to 39 per cent, compared to 45 per cent in 2017 and 53 per cent in 2015, Singapore listed companies are nowhere near the 20 per cent aspirational target set by the government.

The target was set by Singapore's...

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