As with almost every industry, the BFSI sector has a significantly low representation of women. A 2021 Deloitte report states that only 24% of women are in leadership roles in finance globally, with the number falling to 11% in India.
Although men and women are at parity in entry-level roles in BFSI, as one goes higher up the ladder, fewer and fewer women make it – even lesser if she happens to belong to the marginalized classes.
However, there is a silver lining: financial firms have begun to recognize the incredible intellectual value, collaborative strength, emotional intelligence, and resilience that women brought to the workforce, especially in leadership roles during the global pandemic.
The pandemic-induced disruption extended the global gender pay gap deadline. Still, it also demonstrated to firms that women were more agile, anti-fragile, and proficient in navigating the hybrid remote work changes than men.
In this solution room, we are convening amazing women from different spaces, functions, and levels to unpack what other leading women and male allies can do to build supportive workplaces and environments where women thrive and reach their full potential. This open space provides an opportunity for everyone to share their experiences and wisdom to develop a common playbook of possibility and success for women at work.