Just over a quarter (28%) of senior managerial roles--board, executive committee/C-suite or senior management level--within Luxembourg Women in Finance Charter signatories are held by women, found the charter’s baseline report, published on 8 March. The aim is to get that number up to 36% within the next few years.
“Together, we are setting a path for meaningful change, ensuring that our financial sector leads by example when it comes to encouraging gender inclusivity and increasing female representation in decision-making positions,” said Luxembourg’s finance minister Gilles Roth (CSV, second from left) in a press release marking the publication of the Luxembourg Women in Finance Charter baseline report on 8 March 2024. Roth was part of a group that “rang the bell” at the Luxembourg Stock Exchange to celebrate
Just over a quarter (28%) of senior managerial roles--board, executive committee/C-suite or senior management level within Luxembourg Women in Finance Charter signatories are held by women, found the charter’s baseline report, published on 8 March. The aim is to get that number up to 36% within the next few years.
Launched on International Women’s Day in March 2023, the Luxembourg Women in Finance Charter celebrated its first anniversary on 8 March 2024 with the publication of its baseline report. The survey covers the current status of female representation within the charter signatories and their targets to boost gender diversity and balance.
“I welcome the launch of the first ‘Women in Finance Charter’ report,” said Luxembourg’s finance minister Gilles Roth (CSV) in a press release. “Together, we are setting a path for meaningful change, ensuring that our financial sector leads by example when it comes to encouraging gender inclusivity and increasing female representation in decision-making positions.”
The charter includes 71 signatories: 34 banking organisations, 15 insurance & reinsurance organisations, 10 super management companies and alternative investment fund managers (AIFMs), five financial associations, four specialised professionals of the financial sector (PSF) and three investment firms. Together, they represent roughly 28,000 employees.
Here are a few takeaways from the report.
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