Forum of women directors set up in SL

TPL | Published: 10:40 AM Dec 2 2021
Business Forum of women directors set up in SL

A forum of women directors has been set up in Sri Lanka to help boost board representation.

Women Corporate Directors Foundation (WCD), which is the largest global organization of women corporate board members, launched its first local chapter on 30 November.

The 9.5 per cent of women among board members of listed entities in Sri Lanka is low compared to South Asian peers such as India (12 pc) and Bangladesh (17 pc).

“Despite the low numbers on women on boards, Sri Lanka has a well-accomplished pool of women directors representing a wide spectrum of industries,” said WCD chief Susan Stautberg.

“As a WCD member, Sri Lankan women directors will have better access to trends and expertise from global economies, helping strengthen their knowledge when advocating for improved corporate governance practices for businesses,” she said.

TPL | Published: 10:40 AM Dec 2 2021

More News