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Top SGX listcos beat 2025 target for women directors; smaller ones still lagging

The Council for Board Diversity says interim numbers show women’s participation on the boards of these companies has trebled to 25.3%, from 7.5% in 2013

Ranamita Chakraborty
Published Mon, Oct 28, 2024 · 05:05 PM
    • Deputy Prime Minister Gan Kim Yong calls upon the Council for Board Diversity to work with companies in strengthening their disclosures on their targets, plans and progress in achieving board diversity.
    • Deputy Prime Minister Gan Kim Yong calls upon the Council for Board Diversity to work with companies in strengthening their disclosures on their targets, plans and progress in achieving board diversity. PHOTO: COUNCIL FOR BOARD DIVERSITY

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    THE top 100 companies listed on the Singapore Exchange (SGX) have surpassed a target by the Council for Board Diversity (CBD) for women to account for at least a quarter of the board of directors by 2025.

    Mildred Tan, CBD co-chair and chair of Tote Board, noted that Singapore has made significant strides in board diversity, with growth in this area serving as a tangible indicator.

    Speaking at the Leadership-in-Action breakfast forum held at Fullerton Hotel on Monday (Oct 28), she said: “The momentum continues, with the proportion of women directors in the top 100 SGX-listed companies growing to 25.3 per cent.” About a decade ago, in 2013, the figure was 7.5 per cent.

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