Less than 1 per cent of central banks, sovereign funds, public pension funds and commercial banks have achieved gender balance within their workforces, according to a comprehensive survey by Official Monetary and Financial Institutions Forum (OMFIF). 

Think tank OMFIF surveyed 540 institutions on gender diversity among senior staff, and found only three that had achieved perfect scores for gender balance among their senior staff, while another 12 were “close to achieving balance”.

OMFIF says there is more work to do to promote gender parity, after its study reveals that more than one in 10 financial institutions still have no women at all in their executive teams or on their boards.