In financial services, women do better in public sector institutions, including central banks and regulators, than in the private sector.
In 20 out of the 32 countries analyzed in the report, the percentage of Executive Committee (ExCo) positions occupied by women is higher in public sector institutions. With a few notable exceptions, the countries where the private sector outperforms are those where women are (almost) completely unrepresented on public sector ExCos. Overall, the percentage of ExCo positions held by women in the public sector is 22 percent, compared to only 15 percent in the private sector.
In my nearly 30 years of experience, I have learned that it is most efficient for an organization to have diversity of gender and age in its human resources. Such organizations typically perform better than more homogeneous onesStanislava Zadravec Caprirolo, Vice Governor, Bank of Slovenia
Women in the public sector
In 20 out of the 32 countries analyzed in our report, the percentage of executive committee positions occupied by women is higher in public-sector institutions. But there is room for improvement.