Description: Canada’s financial sector has been ranked third in a list of 19 countries for the proportion of female executives serving these institutions. The report by Oliver Wyman credits “a web of support” in the industry for the fact that 23 percent of Canadian financial executives are female. Norway at 35 percent and Sweden at 29 percent are the only countries exceeding Canada’s performance. Russia stood at a surprising fourth place on the list with females filling 20 percent of executive positions.
Date: December 5, 2014
1) What do you feel about the Canadian financial sector’s performance in this area?
2) What can those charged with governance do to increase the percentage of female executives in this sector?
3) Are you surprised by Russia’s performance in this area, beating the United States and some of the Nordic countries? To what do you attribute this?