Are Multilateral Development Banks leading by example when making the case that diversity matters for development? This blog, based on a report that scrutinized the human resources statistics of 7 international financial institutions (IFIs), suggests that the answer is “maybe a little.” While women make up almost 70% of administrative staff, they represent only about 35% of management, with no IFI achieving gender parity across managerial ranks. Senior positions are even less diverse, with female representation ranging from 6% to 40% in senior management and less than one in five for board members. Nonetheless, there has been notable improvement over the past two decades. At the World Bank, Inter-American Development Bank, and Asian Development Bank, the share of women in any management position has almost doubled, including in senior management, which rose from about 5% to around 30%.
Blog » Gender Equality at IFIs: Promote as I Say, Not as I Do? (2023)
Gender Equality at IFIs: Promote as I Say, Not as I Do? (2023)
Are Multilateral Development Banks leading by example when making the case that diversity matters for development? This blog, based on a report that scrutinized the human resources statistics of 7 international financial institutions (IFIs), suggests that the answer is “maybe a little.” While women make up almost 70% of administrative staff, they represent only about 35% of management, with no IFI achieving gender parity across managerial ranks. Senior positions are even less diverse, with female representation ranging from 6% to 40% in senior management and less than one in five for board members. Nonetheless, there has been notable improvement over the past two decades. At the World Bank, Inter-American Development Bank, and Asian Development Bank, the share of women in any management position has almost doubled, including in senior management, which rose from about 5% to around 30%.