An interesting statistics from the Far East, commented by our Indian Partner K Sudarshan in front of one of the biggest and most respective Indian business newspapers.
Indian women may not have proportionate representation in companies, but they are better off than women elsewhere. Eleven per cent of 240 large companies — Indian-owned as well as multinational, private as well as state-owned — have women CEOs, according to a study carried out by executive search firm EMA Partners. In comparison, only 3 per cent of the Fortune 500 companies have women CEOs.
As many as 54 per cent of the women CEOs are, according to EMA Partners, in financial services. “Amongst private and foreign banks, women almost outnumber men. This has been helped in no mean measure by women from ICICI Bank who have joined other financial institutions in recent times,” said EMA Partners Managing Partner K Sudarshan.