Women on boards: numbers growing, but Singapore lags developed markets

Women’s share of Singapore’s corporate leadership is expected to grow with supportive policies and changing attitudes, but gender diversity at the highest echelons still lags other developed markets.

According to latest figures compiled by the Council for Board Diversity (CBD) in Singapore, women’s participation on the boards of the 100 largest listed companies here rose to 21.5 per cent at the end of 2022. This is up from 18.9 per cent in end-2021 and 15.2 per cent in end-2018.

It is also a significant increase from 7.5 per cent in 2014 – when CBD’s predecessor group, the Diversity Action Committee, first started.