March 08 2021
The proportion of women in senior
management roles globally stood at 29% in 2020, according to advisory firm
Grant Thornton. This compares with 30% in the EU, 29% in North America and 27%
in Asia-Pacific. Female leaders around the world have told IFLR that gender
diversity in senior management is improving but there is a lot more to be done,
especially when it comes to company and government policies that can help.
Women on the world stage
An unmistakably positive trend has been the rise of female role models
in positions of power around the world. These include European Central Bank
president Christine Lagarde, IMF managing director Kristalina Georgieva, EU
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Coronavirus: Asian women pay the price of pandemic as Covid-19 ravages economies, jobs Raquel Carvalho and Elyssa Lopez Single mothers and women living in low income households have been particularly hard hit by the pandemic. Photo: Maro Enriquez
Michelle de Guzman has had her life upended by the coronavirus pandemic. In March, just as the number of cases in the Philippines began to grow, she was managing an upscale restaurant in Quezon City that was about to undergo a change of ownership.
She had run the restaurant s day-to-day operations for more than a year and was looking forward to working with its new owners, until they suddenly withdrew their bid to buy the place and she was abruptly let go, along with the rest of the staff.