Breaking the boardroom bias: a case for women in leadership
Companies with higher proportions of female leadership have posted higher returns on assets: 2021 study
Lisa Kriwangko
Singapore
SINGAPORE made headlines last month after posting the highest percentage of companies with women as chief executive officers (CEOs), according to a global Deloitte study. The record breaking number? 13.1 per cent. While the progress is worth appreciating, we still have a long way to go.
Despite topping the list in the CEO category, Singapore placed 28th out of 51 ranked countries in terms of percentage of board seats held by women with 17.6 per cent. The city-state also ranks lower than some of its South-east Asian neighbours, namely Malaysia (24 per cent) and the Philippines (17.7 per cent), which ranked 18th and 27th respectively. The top spot was held by France with 43.2 per cent.
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