Women directorships reaches high in 2023

The Council for Board Diversity (CBD) on Monday (3 Jun) released the Singapore Board Diversity Review, its annual study on gender diversity in the boardroom of companies listed on Singapore Exchange (SGX), at statutory boards and at Institutions of a Public Character (IPCs), covering more than 1,360 organisations.

The study reveals women directorships are at its highest across the three sectors. This is due to several discernible influences, including recent enhancements to regulatory frameworks for SGX-listed companies and charities placing emphasis on director tenures and diversity in board composition, intensive encouragement by governance stakeholders, and the growing global recognition of the value of board diversity in uncertain times.

The data review, spanning from 2013 to 31 December 2023, was conducted in collaboration with the Centre for Sustainable Finance Innovation (CSFI), NTU Singapore. 

View the full press release here.