This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| 1 minute read

Navigating Change: Advancing Women's Leadership in the Evolving Landscape of Financial Services

The financial services sector's male-dominated culture, especially in top leadership, where women exit due to biases and obstacles. This reflects finance's struggle for gender parity, resulting in a diversity gap in decision-making. The "Broken Rung" concept aligns with finance's glass ceiling, hindering women's progress. Amplified in finance, overwork and undervaluation persist alongside advancement challenges rooted in biases. Women leave jobs due to oppressive work environments, being overworked, and not feeling valued. These factors can be exacerbated in male-dominant industries like finance, where women might face expectations to prove themselves more, leading to increased stress and potentially driving them to exit the industry. Inclusive solutions like affinity groups, coaching, DEI metrics, and inclusivity are crucial in empowering women and driving industry-wide change.

Similarly, in finance, women grapple with advancing past systemic barriers from lower roles to management, akin to the article's narrative. The "Broken Rung" mirrors finance's glass ceiling, compounding hurdles. Male-dominated finance intensifies job-related strain and undervaluation, possibly pushing women to exit. The financial sector evidences gender-biased advancement, tied to a male-centric culture favouring traditional leadership traits. Establishing women-centric affinity groups and mentorships counters this scarcity of role models. Expanding DEI metrics to include women of colour fosters inclusivity in a traditionally homogeneous sector.

These parallels are relevant in finance's male-dominated environment, where breaking the glass ceiling and reaching leadership roles pose challenges. Overcoming this demands concerted action for an inclusive and empowering climate, enabling women's success in executive positions.

Women offer invaluable contributions to the workforce, and women at the executive level provide a diversity of thought that helps companies approach old ideas in new ways. Why are companies still struggling to retain C-Suite women executives?


dei, financial services, diversity, asset & wealth management

Please contact us for further information